BTS Group Holdings Management

Management criteria checks 4/4

BTS Group Holdings' CEO is Kavin Kanjanapas, appointed in Apr 2015, has a tenure of 9.08 years. directly owns 4.59% of the company’s shares, worth THB3.84B. The average tenure of the management team and the board of directors is 8.8 years and 13.8 years respectively.

Key information

Kavin Kanjanapas

Chief executive officer

฿480.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	9.1yrs
CEO ownership	4.6%
Management average tenure	8.8yrs
Board average tenure	13.8yrs

Recent management updates

Recent updates

CEO

Kavin Kanjanapas (48 yo)

9.1yrs

Tenure

฿480,000

Compensation

Mr. Kavin Kanjanapas has been the Chief Executive Officer of BTS Group Holdings Public Company Limited since April 1, 2015 and serves as its Chief Executive of MATCH Business since 2020. He serves as Direc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kavin Kanjanapas	CEO, Chief Executive of MATCH Business & Executive Director	9.1yrs	฿480.00k	4.59% THB 3.8b
Rangsin Kritalug	COO & Executive Director	14.3yrs	฿480.00k	no data
Chi Keung Kong	Deputy CEO & Executive Director	9.1yrs	฿480.00k	no data
Surapong Laoha-Unya	Chief Officer of MOVE Business & Executive Director	no data	฿480.00k	no data
Chawadee Rungruang	Chief Financial Officer	less than a year	no data	no data
Daniel Ross	Chief Investment Officer	15.3yrs	no data	no data
Nuanphan Ougchim	Accounting Director	less than a year	no data	no data
Sayam Siwarapornskul	Chief Legal Officer	4.3yrs	no data	no data
Pipop Intaratut	Head of Internal Audit & Data Protection Officer	13.3yrs	no data	no data
Lap Leung	Chief Officer of MIX Business	4.3yrs	no data	no data
Taraket Thawornpanich	Company Secretary	8.6yrs	no data	no data
Nantarach Atthawong	Investor Relations	no data	no data	no data

8.8yrs

Average Tenure

47.5yo

Average Age

Experienced Management: BTS's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kavin Kanjanapas	CEO, Chief Executive of MATCH Business & Executive Director	17.3yrs	฿480.00k	4.59% THB 3.8b
Rangsin Kritalug	COO & Executive Director	26.4yrs	฿480.00k	no data
Chi Keung Kong	Deputy CEO & Executive Director	17.3yrs	฿480.00k	no data
Surapong Laoha-Unya	Chief Officer of MOVE Business & Executive Director	13.8yrs	฿480.00k	no data
Ying-Chew Cheong	Independent Director	13.8yrs	฿480.00k	no data
Suchin Wanglee	Independent Director	13.8yrs	฿580.00k	no data
Keeree Kanjanapas	Chairman of the Board	30.9yrs	฿960.00k	32.87% THB 27.5b
Karoon Chandrangsu	Independent Director	8.8yrs	฿480.00k	no data
Paisal Tarasansombat	Independent Director	4.3yrs	฿480.00k	no data
Charoen Wattanasin	Independent Director	13.8yrs	฿600.00k	no data
Pichittra Mahaphon	Lead Independent Director	8.1yrs	฿924.00k	no data

13.8yrs

Average Tenure

72yo

Average Age

Experienced Board: BTS's board of directors are seasoned and experienced ( 13.8 years average tenure).

BTS Group Holdings Management

Management criteria checks 4/4

Key information

Recent management updates

BTS Group Holdings Public Company Limited, Annual General Meeting, Jul 27, 2023

Insufficient new directors

BTS Group Holdings Public Company Limited, Annual General Meeting, Jul 25, 2022

Insufficient new directors

BTS Group Holdings Public Company Limited, Annual General Meeting, Jul 19, 2021

BTS Group Holdings Public Company Limited Announces Management Changes

Recent updates

Price target decreased by 7.4% to ฿7.93

Third quarter 2024 earnings released: ฿0.36 loss per share (vs ฿0.08 profit in 3Q 2023)

BTS Group Holdings Public Company Limited Omits Interim Dividend Payment from Operating Period from April 1, 2023 to September 30, 2023

BTS Group Holdings Public Company Limited to Report Q3, 2024 Results on Feb 14, 2024

Second quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.036 in 2Q 2023)

Consensus EPS estimates fall by 14%, revenue upgraded

BTS Group Holdings Public Company Limited to Report Q2, 2024 Results on Nov 14, 2023

Consensus EPS estimates fall by 15%

Consensus EPS estimates fall by 12%

New minor risk - Earnings quality

First quarter 2024 earnings released: ฿0.06 loss per share (vs ฿0.041 profit in 1Q 2023)

Upcoming dividend of ฿0.16 per share at 3.8% yield

BTS Group Holdings Public Company Limited Approves Dividend for the Fiscal Year Ended March 31, 2023, Payable on August 25, 2023

BTS Group Holdings Public Company Limited to Report Q1, 2024 Results on Aug 15, 2023

Consensus EPS estimates increase by 11%

Consensus EPS estimates fall by 23%

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

BTS Group Holdings Public Company Limited, Annual General Meeting, Jul 27, 2023

Consensus EPS estimates fall by 14%

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ฿0.15 per share

BTS Group Holdings Public Company Limited Announces Cash Dividend, Payable on February 10, 2023

Consensus EPS estimates fall by 18%

Second quarter 2023 earnings: EPS misses analyst expectations

Insufficient new directors

BTS Group Holdings Public Company Limited to Report Q2, 2023 Results on Nov 14, 2022

BTS Group Holdings PCL NVDR Shares to Be Deleted from OTC Equity

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ฿0.16 per share

BTS Group Holdings Public Company Limited Approves Cash Dividend for the Fiscal Year Ended March 31, 2022, Payable on August 23, 2022

BTS Group Holdings Public Company Limited to Report Q1, 2023 Results on Aug 15, 2022

BTS Group Holdings Public Company Limited (SET : BTS) acquired RC Area Company Limited from Noble Development Public Company Limited (SET : NOBLE) for TBH 199 million.

Consensus forecasts updated

Consensus forecasts updated

BTS Group Holdings Public Company Limited announced that it expects to receive THB 2.6 billion in funding

BTS Group Holdings Public Company Limited Proposes Dividend Payment for the Fiscal Year Ended March 31, 2022, Payable on August 23, 2022

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

BTS Group Holdings Public Company Limited, Annual General Meeting, Jul 25, 2022

BTS Group Holdings Public Company Limited to Report Q4, 2022 Results on May 30, 2022

Insufficient new directors

Consensus revenue estimates increase by 10%

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ฿0.15 per share

BTS Group Holdings Public Company Limited (SET:BTS) acquired Rocket Holdings HK Limited from Rocket Holdings (BVI) Limited for $12.85 million.

Second quarter 2022 earnings released: EPS ฿0.044 (vs ฿0.058 in 2Q 2021)

First quarter 2022 earnings released: EPS ฿0.11 (vs ฿0.034 in 1Q 2021)

Upcoming dividend of ฿0.16 per share

Full year 2021 earnings released: EPS ฿0.35 (vs ฿0.58 in FY 2020)

BTS Group Holdings Public Company Limited Proposes Final Dividend for the Year 2020, Payable on August 11, 2021

BTS Group Holdings Public Company Limited, Annual General Meeting, Jul 19, 2021

New 90-day low: ฿9.25

Third quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.19 in 3Q 2020)

Earnings beat expectations, revenue disappoints

Lead Independent Director has left the company

BTS Group Holdings Public Company Limited to Report Q3, 2021 Results on Feb 16, 2021

BTS Group Holdings Public Company Limited Announces Management Changes

BTS Group Holdings Public Company Limited(SET:) dropped from FTSE All-World Index (USD)

BTS Group Holdings Public Company Limited (SET:BTS) acquired 7.5% stake in Ananda Development Public Company Limited (SET:ANAN) from Chanond Ruangkritya for approximately THB 330 million.

Revenue and earnings beat expectations

Second quarter 2021 earnings released: EPS ฿0.058

New 90-day low: ฿9.35

New 90-day low: ฿9.85

Analysts update estimates

First quarter earnings released

BTS Group Holdings Public Company Limited to Report Q1, 2021 Results on Aug 14, 2020

New 90-day low - ฿10.10

Upcoming Dividend of ฿0.15 Per Share

New 90-day low - ฿10.80

CEO