Major Cineplex Group Management

Management criteria checks 3/4

Major Cineplex Group's CEO is Vicha Poolvaraluck, appointed in Feb 2002, has a tenure of 22.83 years. directly owns 42.78% of the company’s shares, worth THB4.88B. The average tenure of the management team and the board of directors is 11.9 years and 17.3 years respectively.

Key information

Vicha Poolvaraluck

Chief executive officer

฿2.4m

Total compensation

CEO salary percentage	n/a
CEO tenure	22.8yrs
CEO ownership	42.8%
Management average tenure	11.9yrs
Board average tenure	17.3yrs

Recent management updates

Recent updates

CEO

Vicha Poolvaraluck (61 yo)

22.8yrs

Tenure

฿2,414,000

Compensation

Mr. Vicha Poolvaraluck serves as the Chief Executive Officer and Director of Major Cineplex Group Public Company Limited since February 23, 2002 and serves as its President, Deputy Chief Corporate Strategy...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vicha Poolvaraluck	CEO, President	22.8yrs	฿2.41m	42.78% THB 4.9b
Thanakorn Puriwekin	Executive Director	1.7yrs	฿920.00k	0.054% THB 6.2m
Paradee Poolvaraluk	Executive Director	no data	฿920.00k	2.37% THB 269.7m
Pawatt Ongvasith	Executive Director	no data	฿1.22m	0.13% THB 15.0m
Thitapat Issarapornpat	CFO, Chief Accounting Officer & Company Secretary	13.9yrs	no data	0.0052% THB 588.1k
Surachedh Assawaruenganun	Chief Media Officer	6.9yrs	no data	no data
Narute Jiensnong	Chief Marketing Officer	6.3yrs	no data	0% THB 0
Apirak Vorachanonth	Chief People Officer	7.9yrs	no data	0.00026% THB 29.6k
Jinda Wantanahatai	Chief Retail Officer	16.9yrs	no data	no data
Kitikorn Poomsawang	Chief Construction Officer	11.9yrs	no data	0.0039% THB 442.2k
Apichart Kongchai	Chief Cinema Officer	11.9yrs	no data	0.0036% THB 408.0k

11.9yrs

Average Tenure

57yo

Average Age

Experienced Management: MAJOR's management team is seasoned and experienced (11.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vicha Poolvaraluck	CEO, President	22.8yrs	฿2.41m	42.78% THB 4.9b
Thanakorn Puriwekin	Executive Director	29.9yrs	฿920.00k	0.054% THB 6.2m
Paradee Poolvaraluk	Executive Director	26.9yrs	฿920.00k	2.37% THB 269.7m
Pawatt Ongvasith	Executive Director	22.8yrs	฿1.22m	0.13% THB 15.0m
Prasert Bunsumpun	Independent Vice Chairman of the Board	4.4yrs	฿875.00k	no data
Kraithip Krairiksh	Independent Director	9.6yrs	฿938.00k	no data
Chai Jroongtanapibarn	Independent Director	22.8yrs	฿1.01m	0.087% THB 9.9m
Satian Pooprasert	Independent Director	11.8yrs	฿875.00k	no data
Chonticha Chitrarporn	Independent Director	4.1yrs	฿938.00k	no data
Oranuch Apisaksirikul	Independent Director	3.6yrs	฿875.00k	no data

17.3yrs

Average Tenure

67yo

Average Age

Experienced Board: MAJOR's board of directors are seasoned and experienced ( 17.3 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 05:06
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Major Cineplex Group Public Company Limited is covered by 30 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kawee Manitsupavong	Asia Plus Securities Company Limited
Phatipak Navawatana	BNP Paribas Securities (Asia)
Thitithep Nophaket	BofA Global Research

Major Cineplex Group Management

Management criteria checks 3/4

Key information

Recent management updates

Major Cineplex Group Public Company Limited Announces Executive Changes

Major Cineplex Group Public Company Limited Appoints Kraithip Krairiksh as Chairman of the Board of Directors

Major Cineplex Group Public Company Limited Announces Resignation of Somchainuk Engtrakul as Chairman of Board of Directors and Director

Major Cineplex Group Public Company Limited, Annual General Meeting, Apr 02, 2024

Insufficient new directors

Major Cineplex Group Public Company Limited Announces Change of Corporate Governance Committee Members

Recent updates

Major Cineplex Group Public Company Limited Announces Executive Changes

Third quarter 2024 earnings: EPS exceeds analyst expectations

First half dividend reduced to ฿0.13

Second quarter 2024 earnings released: EPS: ฿0.28 (vs ฿0.60 in 2Q 2023)

Major Cineplex Group Public Company Limited Appoints Kraithip Krairiksh as Chairman of the Board of Directors

Major Cineplex Group Public Company Limited Announces Resignation of Somchainuk Engtrakul as Chairman of Board of Directors and Director

Major Cineplex Group Public Company Limited (SET:MAJOR) announces an Equity Buyback for 76,800,000 shares, representing 9.26% for THB 1,000 million.

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: ฿0.17 (vs ฿0.078 in 1Q 2023)

Major Cineplex Group Public Company Limited Approves Dividend for the Six Months for the Period of July 1, 2023 to December 31, 2023, Payable on April 30, 2024

Upcoming dividend of ฿0.15 per share

Final dividend of ฿0.15 announced

Major Cineplex Group Public Company Limited, Annual General Meeting, Apr 02, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: ฿1.18 (vs ฿0.28 in FY 2022)

Now 21% undervalued after recent price drop

Consensus EPS estimates increase by 15%

Insufficient new directors

Consensus EPS estimates increase by 21%

Third quarter 2023 earnings: EPS exceeds analyst expectations

Major Cineplex Group Public Company Limited to Report Q3, 2023 Results on Nov 10, 2023

Major Cineplex Group Public Company Limited (SET:MAJOR) announces an Equity Buyback for 72,000,000 shares, representing 8.05% for THB 1,000 million.

Upcoming dividend of ฿0.50 per share at 6.5% yield

New major risk - Dividend sustainability

Major Cineplex Group Public Company Limited Declares Dividend for the Operating Period from 01 January 2023 to 30 June 2023, Payable on 05 September 2023

Second quarter 2023 earnings released: EPS: ฿0.60 (vs ฿0.15 in 2Q 2022)

Consensus revenue estimates increase by 12%, EPS downgraded

First quarter 2023 earnings released: EPS: ฿0.08 (vs ฿0.03 in 1Q 2022)

Upcoming dividend of ฿0.25 per share at 1.5% yield

Consensus EPS estimates fall by 40%

Major Cineplex Group Public Company Limited Announces Change of Corporate Governance Committee Members

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Ticketmaster Entertainment LLC agreed to acquire Thaiticket Major from BEC-Tero Entertainment Co., Ltd. and Major Cineplex Group Public Company Limited (SET:MAJOR).

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of ฿0.60 per share

Major Cineplex Group Public Company Limited Proposes Dividend for the Quarter Ended December 31, 2021

Full year 2021 earnings: Revenues exceed analyst expectations

Consensus forecasts updated

Consensus revenue estimates increase by 12%

Third quarter 2021 earnings released: EPS ฿2.03 (vs ฿0.14 loss in 3Q 2020)

Upcoming dividend of ฿1.00 per share

CentralWorld Company Limited completed the acquisition of 30.36% stake in Siam Future Development Public Company Limited (SET:SF) from Major Cineplex Group Public Company Limited (SET:MAJOR).

Second quarter 2021 earnings released: ฿0.24 loss per share (vs ฿0.53 loss in 2Q 2020)

Consensus forecasts updated

Price target increased to ฿24.40

Director has left the company

First quarter 2021 earnings released: ฿0.13 loss per share (vs ฿0.28 loss in 1Q 2020)

New 90-day high: ฿21.50

Major Cineplex Group Public Company Limited Announces Executive Changes

Full year 2020 earnings released: ฿0.59 loss per share (vs ฿1.57 profit in FY 2019)

Revenue beats expectations, earnings disappoint

Major Cineplex Group Public Company Limited, Annual General Meeting, Apr 09, 2021

New 90-day high: ฿20.80

Price target raised to ฿20.00

Revenue beats expectations, earnings disappoint

Third quarter 2020 earnings released: ฿0.14 loss per share

Major Cineplex Group Public Company Limited Announces Board Changes

New 90-day low: ฿13.80

An unknown buyer acquired 55% stake in M-Tel (Thailand) Co., Ltd from Major Cineplex Group Public Company Limited (SET:MAJOR) THB 0.16 million.

Analysts lower revenue estimates to ฿2.94b

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age