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Vanachai Group

SET:VNG
Snowflake Description

Moderate growth potential with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VNG
SET
฿3B
Market Cap
  1. Home
  2. TH
  3. Capital Goods
Company description

Vanachai Group Public Company Limited produces and distributes wood plates, MDF boards, particle boards, and doorskin and melamine on wood plates in Thailand and internationally. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • Vanachai Group has significant price volatility in the past 3 months.
VNG Share Price and Events
7 Day Returns
-1.9%
SET:VNG
7.1%
TH Building
3%
TH Market
1 Year Returns
-62.8%
SET:VNG
-48.1%
TH Building
-31%
TH Market
VNG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vanachai Group (VNG) -1.9% -37.1% -45.6% -62.8% -85% -73.1%
TH Building 7.1% -19.4% -32.4% -48.1% -71.5% -67.2%
TH Market 3% -17.8% -28.7% -31% -31.4% -32%
1 Year Return vs Industry and Market
  • VNG underperformed the Building industry which returned -48.1% over the past year.
  • VNG underperformed the Market in Thailand which returned -31% over the past year.
Price Volatility
VNG
Industry
5yr Volatility vs Market

VNG Value

 Is Vanachai Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Vanachai Group. This is due to cash flow or dividend data being unavailable. The share price is ฿2.1.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Vanachai Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vanachai Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SET:VNG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in THB ฿-0.78
SET:VNG Share Price ** SET (2020-04-03) in THB ฿2.1
Thailand Building Industry PE Ratio Median Figure of 7 Publicly-Listed Building Companies 20.4x
Thailand Market PE Ratio Median Figure of 581 Publicly-Listed Companies 11.42x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Vanachai Group.

SET:VNG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SET:VNG Share Price ÷ EPS (both in THB)

= 2.1 ÷ -0.78

-2.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vanachai Group is loss making, we can't compare its value to the TH Building industry average.
  • Vanachai Group is loss making, we can't compare the value of its earnings to the Thailand market.
Price based on expected Growth
Does Vanachai Group's expected growth come at a high price?
Raw Data
SET:VNG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
109.2%per year
Asia Building Industry PEG Ratio Median Figure of 54 Publicly-Listed Building Companies 1.11x
Thailand Market PEG Ratio Median Figure of 181 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Vanachai Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Vanachai Group's assets?
Raw Data
SET:VNG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in THB ฿3.96
SET:VNG Share Price * SET (2020-04-03) in THB ฿2.1
Thailand Building Industry PB Ratio Median Figure of 10 Publicly-Listed Building Companies 0.52x
Thailand Market PB Ratio Median Figure of 759 Publicly-Listed Companies 0.78x
SET:VNG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SET:VNG Share Price ÷ Book Value per Share (both in THB)

= 2.1 ÷ 3.96

0.53x

* Primary Listing of Vanachai Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vanachai Group is overvalued based on assets compared to the TH Building industry average.
X
Value checks
We assess Vanachai Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Building industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Building industry average (and greater than 0)? (1 check)
  5. Vanachai Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

VNG Future Performance

 How is Vanachai Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
109.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vanachai Group expected to grow at an attractive rate?
  • Vanachai Group's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Vanachai Group's earnings growth is expected to exceed the Thailand market average.
  • Vanachai Group's revenue growth is positive but not above the Thailand market average.
Annual Growth Rates Comparison
Raw Data
SET:VNG Future Growth Rates Data Sources
Data Point Source Value (per year)
SET:VNG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 109.2%
SET:VNG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 4.1%
Asia Building Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
Asia Building Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Thailand Market Earnings Growth Rate Market Cap Weighted Average 8.7%
Thailand Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SET:VNG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in THB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SET:VNG Future Estimates Data
Date (Data in THB Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 10,248 15 1
2020-12-31 9,745 -463 1
2020-04-04
SET:VNG Past Financials Data
Date (Data in THB Millions) Revenue Cash Flow Net Income *
2019-12-31 9,440 603 -1,229
2019-09-30 9,545 561 -1,013
2019-06-30 9,929 528 -769
2019-03-31 10,314 445 -423
2018-12-31 10,249 427 -371
2018-09-30 11,116 207 -80
2018-06-30 11,519 1,048 281
2018-03-31 11,930 1,730 568
2017-12-31 12,309 1,635 1,009
2017-09-30 12,026 2,137 1,294
2017-06-30 11,572 2,037 1,392
2017-03-31 11,191 2,162 1,548

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Vanachai Group's earnings are expected to grow significantly at over 20% yearly.
  • Vanachai Group's revenue is expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SET:VNG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Vanachai Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SET:VNG Future Estimates Data
Date (Data in THB Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.01 0.01 0.01 1.00
2020-12-31 -0.30 -0.30 -0.30 1.00
2020-04-04
SET:VNG Past Financials Data
Date (Data in THB Millions) EPS *
2019-12-31 -0.78
2019-09-30 -0.65
2019-06-30 -0.49
2019-03-31 -0.27
2018-12-31 -0.24
2018-09-30 -0.05
2018-06-30 0.18
2018-03-31 0.36
2017-12-31 0.64
2017-09-30 0.83
2017-06-30 0.89
2017-03-31 0.99

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Vanachai Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Vanachai Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Vanachai Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

VNG Past Performance

  How has Vanachai Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Vanachai Group's growth in the last year to its industry (Building).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Vanachai Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Vanachai Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Vanachai Group's 1-year growth to the TH Building industry average as it is not currently profitable.
Earnings and Revenue History
Vanachai Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Vanachai Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SET:VNG Past Revenue, Cash Flow and Net Income Data
Date (Data in THB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 9,440.28 -1,228.74 1,730.11
2019-09-30 9,545.44 -1,013.06 1,718.79
2019-06-30 9,929.35 -769.28 1,755.40
2019-03-31 10,313.75 -423.45 1,730.12
2018-12-31 10,249.37 -371.18 1,716.39
2018-09-30 11,115.94 -79.58 1,814.29
2018-06-30 11,518.77 281.05 1,796.36
2018-03-31 11,929.75 567.77 1,810.86
2017-12-31 12,309.44 1,008.82 1,814.73
2017-09-30 12,025.84 1,293.84 1,755.89
2017-06-30 11,571.70 1,392.17 1,683.87
2017-03-31 11,191.18 1,548.20 1,586.15
2016-12-31 11,100.78 1,591.42 1,545.33
2016-09-30 10,826.54 1,441.28 1,502.66
2016-06-30 10,844.22 1,502.36 1,505.92
2016-03-31 10,851.82 1,455.17 1,532.78
2015-12-31 10,792.86 1,426.41 1,550.66
2015-09-30 11,072.93 1,345.83 1,602.56
2015-06-30 11,231.35 1,244.90 1,591.04
2015-03-31 10,991.16 963.38 1,567.48
2014-12-31 10,750.75 752.16 1,510.55
2014-09-30 10,307.14 640.04 1,419.76
2014-06-30 9,419.00 285.43 1,364.37
2014-03-31 8,767.54 -5.87 1,296.72
2013-12-31 8,480.79 -190.82 1,296.18
2013-09-30 8,171.56 -363.81 1,326.26
2013-06-30 8,447.56 -285.53 1,345.63

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Vanachai Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Vanachai Group has efficiently used its assets last year compared to the TH Building industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Vanachai Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Vanachai Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Building industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Vanachai Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

VNG Health

 How is Vanachai Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Vanachai Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vanachai Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Vanachai Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Vanachai Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Vanachai Group Company Filings, last reported 3 months ago.

SET:VNG Past Debt and Equity Data
Date (Data in THB Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 6,242.25 9,311.92 371.08
2019-09-30 6,630.79 9,344.70 532.42
2019-06-30 6,930.81 8,917.51 428.27
2019-03-31 7,427.41 8,362.04 343.33
2018-12-31 7,637.49 7,906.79 445.44
2018-09-30 7,808.35 6,953.25 407.26
2018-06-30 8,012.81 6,401.68 474.36
2018-03-31 8,467.95 5,678.64 489.63
2017-12-31 8,642.33 5,102.44 336.22
2017-09-30 8,502.69 4,881.24 642.00
2017-06-30 8,423.70 4,812.08 425.70
2017-03-31 8,591.04 4,586.20 384.63
2016-12-31 8,323.66 4,270.06 460.26
2016-09-30 7,924.27 4,417.38 614.68
2016-06-30 7,796.89 4,707.99 700.88
2016-03-31 7,808.72 4,717.47 547.42
2015-12-31 7,488.78 4,793.43 524.08
2015-09-30 7,214.82 4,639.23 610.39
2015-06-30 7,022.08 4,869.33 609.67
2015-03-31 6,995.96 5,157.89 672.86
2014-12-31 6,726.87 5,296.26 692.78
2014-09-30 6,562.55 5,540.16 577.16
2014-06-30 6,197.69 5,833.36 223.61
2014-03-31 6,071.30 5,927.55 228.84
2013-12-31 6,003.29 5,880.98 534.50
2013-09-30 5,963.32 6,077.84 314.56
2013-06-30 5,953.07 6,489.32 303.69
  • Vanachai Group's level of debt (149.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (78.7% vs 149.2% today).
  • Debt is not well covered by operating cash flow (6.5%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Vanachai Group's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Vanachai Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Vanachai Group has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

VNG Dividends

 What is Vanachai Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Vanachai Group dividends.
If you bought ฿2,000 of Vanachai Group shares you are expected to receive ฿0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Vanachai Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Vanachai Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SET:VNG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Thailand Building Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 5.5%
Thailand Market Average Dividend Yield Market Cap Weighted Average of 572 Stocks 4.6%
Thailand Minimum Threshold Dividend Yield 10th Percentile 2%
Thailand Bottom 25% Dividend Yield 25th Percentile 3.3%
Thailand Top 25% Dividend Yield 75th Percentile 8.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SET:VNG Future Dividends Estimate Data
Date (Data in ฿) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-04
SET:VNG Past Annualized Dividends Data
Date (Data in ฿) Dividend per share (annual) Avg. Yield (%)
2020-03-03 0.000 0.000
2019-11-14 0.000 0.000
2019-02-25 0.200 3.935
2018-08-14 0.400 6.575
2018-02-28 0.450 5.158
2017-08-11 0.450 3.915
2017-04-07 0.500 3.925
2016-02-26 0.450 3.224
2015-02-27 0.269 2.365
2014-11-13 0.037 0.455
2014-09-03 0.037 0.518
2014-05-15 0.000 0.000
2014-04-16 0.000 0.000
2014-02-21 0.000 0.000
2013-02-26 0.075 2.948
2012-08-10 0.125 3.239
2012-05-15 0.125 3.768
2012-02-24 0.125 3.619
2011-05-13 0.225 6.521
2011-04-27 0.225 5.302
2010-11-11 0.250 5.776
2010-08-16 0.250 4.495
2010-05-14 0.067 1.635
2010-04-27 0.067 1.908
2009-05-15 0.108 6.088

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Vanachai Group has not reported any payouts.
  • Unable to verify if Vanachai Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Vanachai Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Vanachai Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Vanachai Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Vanachai Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vanachai Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

VNG Management

 What is the CEO of Vanachai Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Wanthana Jaroennwarat
AGE 58
CEO Bio

Mr. Wanthana Jaroennwarat served as the Managing Director of Vanachai Group Public Co. Ltd. Mr. Jaroennwarat has been the Chairman of Vanachai Group Public Co. Ltd., since January 1, 2020 and its Director since November 1, 1994. He has been a Director of Vanachai Panel Industries Co., Ltd., since 1995, Vanachai Chemical Industries Co., Ltd., since 1994, Particle Planner Co., Ltd., since 1993, The Vanachai Group of Companies Co., Ltd., since 1991 and Woodtek International Co., Ltd., since 1989. He has been Honorary President The Thai Furniture Industries Association since 2008. He has been Honorary Chairman of The Federation of Thai Industries at Thai Panel Products Industry Club since 2008. He served as Association Chairman The Thai Furniture Industries Assoctiation from 2004 to 2008. He holds a MIE degree in Industrial Engineering from King Mongkut’s Institution of Technology North Bangkok Bangkok Thailand.

CEO Compensation
  • Insufficient data for Wanthana to compare compensation growth.
  • Insufficient data for Wanthana to establish whether their remuneration is reasonable compared to companies of similar size in Thailand.
Management Team Tenure

Average tenure and age of the Vanachai Group management team in years:

10.2
Average Tenure
54.5
Average Age
  • The average tenure for the Vanachai Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Wanthana Jaroennwarat

TITLE
Chairman & MD
AGE
58

Somprasong Sahawat

TITLE
CFO, Assistant MD & Executive Director
AGE
42
TENURE
1.4 yrs

Witoon Samapath

TITLE
Administrative Manager
AGE
59
TENURE
23.8 yrs

Patta Sahawat

TITLE
Deputy MD & Executive Director
AGE
46

Suthep Chaipattanavanich

TITLE
Executive Director
AGE
55

Phattra Sahawat

TITLE
Assistant MD & Executive Director
AGE
44

Surapong Dumrisilp

TITLE
Assistant MD & Executive Director
AGE
61
TENURE
10.2 yrs

Phumsakdi Chullavallibha

TITLE
Assistant Managing Director
AGE
54
TENURE
10.2 yrs

Sittiwat Sahawat

TITLE
Assistant MD & Executive Director
AGE
38
TENURE
5.1 yrs

Aruck Tungtrakool

TITLE
Company Secretary
AGE
58
TENURE
11.7 yrs
Board of Directors Tenure

Average tenure and age of the Vanachai Group board of directors in years:

16
Average Tenure
56.5
Average Age
  • The average tenure for the Vanachai Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Wanthana Jaroennwarat

TITLE
Chairman & MD
AGE
58
TENURE
0.3 yrs

Yupaporn Boongate

TITLE
Vice Chairman of the Board
AGE
64
TENURE
15 yrs

Suebtrakul Soontornthum

TITLE
Independent Vice Chairman of the Board
AGE
76
TENURE
14.9 yrs

Somprasong Sahawat

TITLE
CFO, Assistant MD & Executive Director
AGE
42
TENURE
16.9 yrs

Patta Sahawat

TITLE
Deputy MD & Executive Director
AGE
46
TENURE
19 yrs

Suthep Chaipattanavanich

TITLE
Executive Director
AGE
55
TENURE
25.4 yrs

Phattra Sahawat

TITLE
Assistant MD & Executive Director
AGE
44
TENURE
18 yrs

Surapong Dumrisilp

TITLE
Assistant MD & Executive Director
AGE
61
TENURE
5.1 yrs

Sittiwat Sahawat

TITLE
Assistant MD & Executive Director
AGE
38
TENURE
4 yrs

Nipon Wisityutasart

TITLE
Independent Director
AGE
79
TENURE
20.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (฿) Value (฿)
X
Management checks
We assess Vanachai Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Vanachai Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

VNG News

Simply Wall St News

VNG Company Info

Description

Vanachai Group Public Company Limited produces and distributes wood plates, MDF boards, particle boards, and doorskin and melamine on wood plates in Thailand and internationally. The company’s products include melamine laminated particleboards and MDF boards, laminated flooring, laminated particleboards, HDF molded doors, melamine doors and door frames, recompose teak veneer doors, and wall decoration panels. It also manufactures glue and melamine impregnated paper products, as well as veneer on MDF boards; and generates electricity from renewable energy. The company was formerly known as MDF Planner Co., Ltd. The company was founded in 1943 and is based in Bangkok, Thailand. Vanachai Group Public Company Limited is a subsidiary of Vanachai Group of Companies Co., Ltd.

Details
Name: Vanachai Group Public Company Limited
VNG
Exchange: SET
Founded: 1943
฿3,290,714,439
1,567,006,876
Website: http://www.vanachai.com
Address: Vanachai Group Public Company Limited
2/1 Wongsawang Road,
Wongsawang,
Bangkok,
10800,
Thailand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SET VNG Ordinary Shares The Stock Exchange of Thailand TH THB 19. Sep 1995
SET VNG-R NON VTG DEP RCPT REP 1 ORD THB1 The Stock Exchange of Thailand TH THB 20. Aug 2001
Number of employees
Current staff
Staff numbers
0
Vanachai Group employees.
Industry
Building Products
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 21:58
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/02/25
Last earnings filing: 2020/02/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.