Land and Houses Management

Management criteria checks 3/4

Land and Houses' CEO is Naporn Sunthornchitcharoen, appointed in Aug 2017, has a tenure of 7.25 years. directly owns 0.23% of the company’s shares, worth THB149.82M. The average tenure of the management team and the board of directors is 11.3 years and 9.5 years respectively.

Key information

Naporn Sunthornchitcharoen

Chief executive officer

฿3.1m

Total compensation

CEO salary percentage	n/a
CEO tenure	7.3yrs
CEO ownership	0.2%
Management average tenure	11.3yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO

Naporn Sunthornchitcharoen (65 yo)

7.3yrs

Tenure

฿3,120,000

Compensation

Mr. Naporn Sunthornchitcharoen serves as Chairman of the Executive Board & Board of Directors and Chief Executive Officer at Land and Houses Public Company Limited since August 11, 2017. He has been the Pr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Naporn Sunthornchitcharoen	Chairman of the Executive Board	7.3yrs	฿3.12m	0.23% THB 149.8m
Achawin Asavabhokin	Senior EVP & CFO	1.2yrs	฿1.94m	no data
Chokchai Walitwarangkoon	Senior EVP & Executive Board Member	no data	฿1.66m	0.00026% THB 169.3k
Watcharin Kasinrerk	MD of Operations – Housing Projects	no data	฿1.82m	0.0046% THB 3.0m
Nantawat Pipatwongkasem	Executive VP	16.3yrs	฿1.82m	0.00010% THB 65.1k
Teera Benjasilarak	Executive Vice President of Accounting Department	31.9yrs	no data	0.013% THB 8.7m
Siribhorn Laophaetkit	Assistant Vice President	no data	no data	no data
Pornchai Kiatkajornvirat	Senior Vice President of Internal Audit and System Development	no data	no data	no data
Lersuk Suwannaton	Executive Vice President	10.8yrs	no data	no data
Kamheang Hoonhirunsai	Senior Vice President of Project 7	no data	no data	no data
Narong Kongkavana	Executive Vice President	11.8yrs	no data	no data
Phaisan Poocharoen	Senior Vice President of Project 11	no data	no data	no data

11.3yrs

Average Tenure

64yo

Average Age

Experienced Management: LH's management team is seasoned and experienced (11.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Naporn Sunthornchitcharoen	Chairman of the Executive Board	22.8yrs	฿3.12m	0.23% THB 149.8m
Watcharin Kasinrerk	MD of Operations – Housing Projects	5.8yrs	฿1.82m	0.0046% THB 3.0m
Nantawat Pipatwongkasem	Executive VP	31.9yrs	฿1.82m	0.00010% THB 65.1k
Piphob Veraphong	Independent Director	9.5yrs	฿2.30m	no data
Bundit Pitaksit	Independent Director	9.5yrs	฿2.35m	0.0084% THB 5.5m
Archawin Asavabhokhin	Independent Director	6.8yrs	฿1.91m	0.019% THB 12.2m
Kluaymai Devahastin	Independent Director	less than a year	no data	no data

9.5yrs

Average Tenure

62yo

Average Age

Experienced Board: LH's board of directors are considered experienced (9.5 years average tenure).

Land and Houses Management

Management criteria checks 3/4

Key information

Recent management updates

Land and Houses Public Company Limited Appoints Kluaymai Devahastin as an Independent Director and Chairman of the Audit Committee

Land and Houses Public Company Limited Announces Resignation of Chadanuch Meepien as Director, Independent Director, and the Chairman of the Audit Committee, Effective from 30 June 2024

Land and Houses Public Company Limited Announces Management Changes

Land and Houses Public Company Limited Announces the Resignation of Pakhawat Kovithvathanaphong as Director, Independent Director, and the Chairman of the Audit Committee

Land and Houses Public Company Limited, Annual General Meeting, Apr 27, 2023

Insufficient new directors

Recent updates

Now 20% undervalued

Price target decreased by 10% to ฿6.89

Price target decreased by 7.2% to ฿7.22

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Land and Houses Public Company Limited Appoints Kluaymai Devahastin as an Independent Director and Chairman of the Audit Committee

Land and Houses Public Company Limited Announces Resignation of Chadanuch Meepien as Director, Independent Director, and the Chairman of the Audit Committee, Effective from 30 June 2024

First quarter 2024 earnings released: EPS: ฿0.10 (vs ฿0.11 in 1Q 2023)

Upcoming dividend of ฿0.30 per share

Land and Houses Public Company Limited Approves Dividend for 2023, Payable on May 21, 2024

Final dividend of ฿0.30 announced

Full year 2023 earnings released: EPS: ฿0.63 (vs ฿0.70 in FY 2022)

Land and Houses Public Company Limited Announces Dividend Operating Period from 01-Jul-2023 to 31-Dec-2023, Payable on May 21, 2024

Land and Houses Public Company Limited to Report Q1, 2024 Results on May 14, 2024

Consensus revenue estimates fall by 13%

Third quarter 2023 earnings released: EPS: ฿0.10 (vs ฿0.19 in 3Q 2022)

Upcoming dividend of ฿0.20 per share at 8.4% yield

Land and Houses Public Company Limited Announces Cash Dividend Payment for the Operating Period from 01 January 2023 to 30 June 2023, Payable on 8 September 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Land and Houses Public Company Limited Announces Management Changes

Land and Houses Public Company Limited Announces the Resignation of Pakhawat Kovithvathanaphong as Director, Independent Director, and the Chairman of the Audit Committee

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ฿0.35 per share at 7.1% yield

Full year 2022 earnings released: EPS: ฿0.70 (vs ฿0.58 in FY 2021)

Land and Houses Public Company Limited, Annual General Meeting, Apr 27, 2023

Land and Houses Public Company Limited to Report Q2, 2023 Results on Aug 10, 2023

Insufficient new directors

Third quarter 2022 earnings: EPS exceeds analyst expectations

Upcoming dividend of ฿0.25 per share

Land and Houses Public Company Limited to Report Q3, 2022 Results on Nov 10, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Land and Houses Public Company Limited Announces Dividend for the Operating Period from January 1, 2022 to June 30, 2022, Payable on September 9, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ฿0.25 per share

Insufficient new directors

Land and Houses Public Company Limited Proposes Annual Dividend Payment for 2021, Payable on May 20, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Land and Houses Public Company Limited, Annual General Meeting, Apr 26, 2022

Third quarter 2021 earnings released: EPS ฿0.11 (vs ฿0.17 in 3Q 2020)

Upcoming dividend of ฿0.25 per share

Second quarter 2021 earnings released: EPS ฿0.15 (vs ฿0.12 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.15 (vs ฿0.11 in 1Q 2020)

Upcoming dividend of ฿0.30 per share

Land and Houses Public Company Limited Approves Dividend for the Year 2020, Payable on May 21, 2021

Revenue and earnings beat expectations

Full year 2020 earnings released: EPS ฿0.60 (vs ฿0.84 in FY 2019)

Land and Houses Public Company Limited, Annual General Meeting, Apr 27, 2021

Land and Houses Public Company Limited to Report Q3, 2021 Results on Nov 11, 2021

New 90-day high: ฿8.35

New 90-day high: ฿7.80

Third quarter 2020 earnings released: EPS ฿0.17

Earnings beat expectations, revenue disappoints

New 90-day low: ฿6.60

New 90-day low: ฿6.80

New 90-day low - ฿7.25

First half earnings released

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age