Sansiri Management

Management criteria checks 3/4

Sansiri's CEO is Apichart Chutrakul, appointed in Sep 2023, has a tenure of 1.17 years. directly owns 2.08% of the company’s shares, worth THB649.53M. The average tenure of the management team and the board of directors is 6.7 years and 10.4 years respectively.

Key information

Apichart Chutrakul

Chief executive officer

฿280.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	1.2yrs
CEO ownership	2.1%
Management average tenure	6.7yrs
Board average tenure	10.4yrs

Recent management updates

Recent updates

CEO

Apichart Chutrakul (63 yo)

1.2yrs

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	1.2yrs	฿280.00k	2.08% THB 649.5m
Srettha Thavisin	President & Director	no data	฿80.00k	no data
Uthai Uthaisangsuk	COO, Head of Investor Relations & Director	7.8yrs	฿400.00k	0.22% THB 68.6m
Wichan Wiriyaphusit	Chief Financial Officer	3.1yrs	no data	no data
Thalin Aeimtitiwat	Senior Executive Vice President of Accounting Department	no data	฿115.00k	0.13% THB 41.0m
Nopporn Boonthanom	Senior General Counsel of Legal Office & Government Affairs and Company Secretary	19.8yrs	฿115.00k	0.061% THB 19.0m
Arunporn Limskul	Executive Vice President - Corporate Marketing Department	no data	no data	no data
Poomipak Julmanichoti	Chief of Staff	no data	no data	0.069% THB 21.7m
Supanan Rueangjirapa	Head of Internal Audit	no data	no data	no data
Nopadon Baholyodhin	Chief Creative Officer	6.7yrs	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

6.7yrs

Average Tenure

57yo

Average Age

Experienced Management: SIRI's management team is seasoned and experienced (6.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Apichart Chutrakul	CEO & Chairman of the Board	29yrs	฿280.00k	2.08% THB 649.5m
Srettha Thavisin	President & Director	29yrs	฿80.00k	no data
Uthai Uthaisangsuk	COO, Head of Investor Relations & Director	6.5yrs	฿400.00k	0.22% THB 68.6m
Kovit Poshyananda	Honorary Chairman	5.5yrs	฿1.10m	no data
Wanchak Buranasiri	Director	29yrs	฿360.00k	4.21% THB 1.3b
Kittichai Raktakanit	Independent Director	9.3yrs	฿1.82m	0.00023% THB 72.0k
Vichaya Chatikavanij	Director	8.6yrs	฿1.34m	no data
Thongchai Jira-Alongkorn	Director	11.5yrs	฿1.28m	no data
Jesadavat Priebjrivat	Independent Vice Chairman of the Board	16.4yrs	฿2.02m	0.017% THB 5.4m
Porntat Amatavivadhana	Independent Director	16.4yrs	฿1.38m	no data
Supakorn Vejjajiva	Director	6.5yrs	฿280.00k	no data
Weeranant Chuensuwan	Independent Director	4.3yrs	฿1.68m	no data

10.4yrs

Average Tenure

61.5yo

Average Age

Experienced Board: SIRI's board of directors are seasoned and experienced ( 10.4 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

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Now 20% overvalued after recent price rise

Hyatt Hotels Corporation (NYSE:H) completed the acquisition of Standard International Inc. from Sansiri Public Company Limited (SET:SIRI).

First half dividend reduced to ฿0.07

Second quarter 2024 earnings: EPS misses analyst expectations

First quarter 2024 earnings: EPS misses analyst expectations

Sansiri Public Company Limited Approves Dividend for the Year Ended December 31, 2023, Payable on 20 May 2024

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