Sansiri Management

Management criteria checks 3/4

Sansiri's CEO is Apichart Chutrakul, appointed in Sep 2023, has a tenure of less than a year. directly owns 1.87% of the company’s shares, worth THB544.01M. The average tenure of the management team and the board of directors is 6.1 years and 9.8 years respectively.

Key information

Apichart Chutrakul

Chief executive officer

฿280.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	1.9%
Management average tenure	6.1yrs
Board average tenure	9.8yrs

Recent management updates

Recent updates

CEO

Apichart Chutrakul (62 yo)

less than a year

Tenure

฿280,000

Compensation

Mr. Apichart Chutrakul serves as Chairman of the Board at Sansiri Public Company Limited since April 29, 2019 and serves as its Chief Executive officer since September 19, 2023 and had been its Acting Chie...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Apichart Chutrakul	CEO & Chairman of the Board	less than a year	฿280.00k	1.87% THB 544.0m
Srettha Thavisin	President & Director	no data	฿80.00k	3.84% THB 1.1b
Uthai Uthaisangsuk	COO, Head of Investor Relations & Director	7.3yrs	฿400.00k	0.13% THB 37.1m
Wichan Wiriyaphusit	Chief Financial Officer	2.5yrs	no data	no data
Thalin Aeimtitiwat	Senior Executive Vice President of Accounting Department	no data	฿115.00k	0.13% THB 38.3m
Nopporn Boonthanom	Senior General Counsel of Legal Office & Government Affairs and Company Secretary	19.3yrs	฿115.00k	0.061% THB 17.7m
Arunporn Limskul	Executive Vice President - Corporate Marketing Department	no data	no data	no data
Poomipak Julmanichoti	Chief of Staff	no data	no data	no data
Supanan Rueangjirapa	Head of Internal Audit	no data	no data	no data
Nopadon Baholyodhin	Chief Creative Officer	6.1yrs	no data	no data
Arnut Kittikulmetee	Executive Vice President - Project Development Department (Low Rise)	no data	no data	no data
Warradage Timcharttong	Executive Vice President of Accounting Department	no data	no data	no data

6.1yrs

Average Tenure

56yo

Average Age

Experienced Management: SIRI's management team is seasoned and experienced (6.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Apichart Chutrakul	CEO & Chairman of the Board	28.4yrs	฿280.00k	1.87% THB 544.0m
Srettha Thavisin	President & Director	28.4yrs	฿80.00k	3.84% THB 1.1b
Uthai Uthaisangsuk	COO, Head of Investor Relations & Director	5.9yrs	฿400.00k	0.13% THB 37.1m
Kovit Poshyananda	Honorary Chairman	4.9yrs	฿1.10m	no data
Wanchak Buranasiri	Director	28.4yrs	฿360.00k	3.59% THB 1.0b
Kittichai Raktakanit	Independent Director	8.8yrs	฿1.82m	0.00023% THB 66.9k
Vichaya Chatikavanij	Director	8yrs	฿1.34m	no data
Thongchai Jira-Alongkorn	Director	10.9yrs	฿1.28m	no data
Jesadavat Priebjrivat	Independent Vice Chairman of the Board	15.8yrs	฿2.02m	0.017% THB 5.1m
Porntat Amatavivadhana	Independent Director	15.8yrs	฿1.38m	no data
Supakorn Vejjajiva	Director	5.9yrs	฿280.00k	no data
Weeranant Chuensuwan	Independent Director	3.7yrs	฿1.68m	no data

9.8yrs

Average Tenure

60.5yo

Average Age

Experienced Board: SIRI's board of directors are considered experienced (9.8 years average tenure).

Sansiri Management

Management criteria checks 3/4

Key information

Recent management updates

Sansiri Public Company Limited Appoints Pongsatorn Suksangium as Independent Director, Member of the Audit Committee and Risk Management Committee

Sansiri Public Company Limited Approves Appointment of Mr. Apichart Chutrakul as Chief Executive Officer

Sansiri Public Company Limited Approves Executive Changes

Less than half of directors are independent

Less than half of directors are independent

Sansiri Public Company Limited, Annual General Meeting, Apr 30, 2021

Recent updates

Upcoming dividend of ฿0.10 per share

Final dividend of ฿0.10 announced

Full year 2023 earnings released

XSpring Asset Management Company Limited acquired Pridit Co., Ltd from Sansiri Public Company Limited (SET:SIRI) for THB 15 million.

Third quarter 2023 earnings: EPS exceeds analyst expectations

Sansiri Public Company Limited Appoints Pongsatorn Suksangium as Independent Director, Member of the Audit Committee and Risk Management Committee

Sansiri Public Company Limited (SET:SIRI) agreed to acquire remaining 30% stake in Big Touch 2 Co., Ltd. from Private Funds managed by XSpring Asset Management Company Limited for THB 41.9 million.

Sansiri Public Company Limited Approves Appointment of Mr. Apichart Chutrakul as Chief Executive Officer

Sansiri Public Company Limited Approves Executive Changes

Upcoming dividend of ฿0.10 per share at 11% yield

Second quarter 2023 earnings: EPS misses analyst expectations

Sansiri Public Company Limited Declares Interim Cash Dividend for the Operating Period from January 1, 2023 to June 30, 2023, Payable on September 12, 2023

Sansiri Public Company Limited (SET:SIRI) agreed to acquire 70% stake in Good Asset Co., Ltd. from Chonthicha Sawatyanon for THB 42 million.

First quarter 2023 earnings: EPS exceeds analyst expectations

Sansiri Public Company Limited Announces Dividend for the Year 2022, Payable on May 17, 2023

Upcoming dividend of ฿0.11 per share at 8.1% yield

Consensus EPS estimates increase by 10%

Price target increased by 8.2% to ฿1.84

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: ฿0.08 (vs ฿0.037 in 3Q 2021)

Consensus EPS estimates increase by 25%

Price target increased to ฿1.45

Less than half of directors are independent

Price target increased to ฿1.31

Sansiri Public Company Limited (SET:SIRI) acquired remaining 30% stake in Siri TK Four Co., Ltd from Tokyu Corporation (TSE:9005) and Saha Tokyu Corporation CO., Ltd for THB 74.2 million.

Upcoming dividend of ฿0.04 per share

Second quarter 2022 earnings released: EPS: ฿0.056 (vs ฿0.039 in 2Q 2021)

Sansiri Public Company Limited Announces Interim Cash Dividend for the Operating Period from January 1, 2022 to June 30, 2022, Payable on September 13, 2022

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Sansiri Public Company Limited Approves Dividend for the Period from 1 January 2021 to 31 December 2021, Payable on 20 May 2022

Less than half of directors are independent

Upcoming dividend of ฿0.06 per share

Full year 2021 earnings: EPS and revenues miss analyst expectations

Sansiri Public Company Limited Board Approves Dividend Payable on 20 May 2022

Price target increased to ฿1.24

Price target increased to ฿1.14

Third quarter 2021 earnings released: EPS ฿0.037 (vs ฿0.048 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.039 (vs ฿0.018 in 2Q 2020)

XSpring Asset Management Company Limited and Sansiri Public Company Limited (SET:SIRI) agreed to acquire Pool Assets for THB 127.5 million.

Consensus EPS estimates increase to ฿0.12

Investor sentiment improved over the past week

Price target increased to ฿0.85

First quarter 2021 earnings released: EPS ฿0.02 (vs ฿0.004 in 1Q 2020)

Advise Health Holdings, LLC Approves Dividend for the Year 2020, Payable on 20 May, 2021

Investor sentiment improved over the past week

New 90-day high: ฿0.94

Analysts update estimates

Sansiri Public Company Limited, Annual General Meeting, Apr 30, 2021

Full year 2020 earnings released: EPS ฿0.11 (vs ฿0.17 in FY 2019)

Revenue and earnings miss expectations

Sansiri Public Company Limited Announces Executive Changes

Sansiri Public Company Limited Appoints Poomipak Julmanichoti as Member of Executive Committee

New 90-day high: ฿0.84

U City Public Company Limited (SET:U) agreed to acquire 50% stake in BTS Sansiri Holding Thirteen Limited and BTS Sansiri Holding Twenty One Limited from Sansiri Public Company Limited (SET:SIRI) for approximately THB1188 million.

Third quarter 2020 earnings released: EPS ฿0.048

Earnings beat expectations, revenue disappoints

New 90-day high: ฿0.76

Sansiri Public Company Limited Enters into Rental Agreement with SE Digital Company Limited

Sansiri Public Company Limited Appoints Mr. Weeranant Chuensuwan as Member of the Audit Committee

New 90-day low: ฿0.66

New 90-day low - ฿0.69

Price target lowered to ฿0.64

Analysts update estimates

First half earnings released

CEO

Tenure

Compensation

Leadership Team

Average Tenure