Pithayain Assavanig - Asia Plus CFO

ASP Stock  THB 2.46  0.04  1.65%   

CFO

Pithayain Assavanig is CFO, Head of Fin., Accounting and Planing Division, Member of Investment Committee and Member of Equity Derivatives Committee of Asia Plus Group
Age 53
Phone66 2 680 1111
Webhttps://www.asiaplusgroup.co.th

Asia Plus Management Efficiency

The company has return on total asset (ROA) of 0.0321 % which means that it generated a profit of $0.0321 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1027 %, meaning that it generated $0.1027 on every $100 dollars invested by stockholders. Asia Plus' management efficiency ratios could be used to measure how well Asia Plus manages its routine affairs as well as how well it operates its assets and liabilities.
Asia Plus Group has accumulated 2.07 B in total debt with debt to equity ratio (D/E) of 44.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Asia Plus Group has a current ratio of 1.19, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Asia Plus until it has trouble settling it off, either with new capital or with free cash flow. So, Asia Plus' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Asia Plus Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asia to invest in growth at high rates of return. When we think about Asia Plus' use of debt, we should always consider it together with cash and equity.
Asia Plus Group Holdings Public Company Limited, together with its subsidiaries, engages in the securities business in Thailand. Asia Plus Group Holdings Public Company Limited was founded in 1974 and is headquartered in Bangkok, Thailand. ASIA PLUS operates under Capital Markets classification in Thailand and is traded on Stock Exchange of Thailand. Asia Plus Group (ASP) is traded on Thailand Exchange in Thailand and employs 28 people.

Management Performance

Asia Plus Group Leadership Team

Elected by the shareholders, the Asia Plus' board of directors comprises two types of representatives: Asia Plus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asia. The board's role is to monitor Asia Plus' management team and ensure that shareholders' interests are well served. Asia Plus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Asia Plus' outside directors are responsible for providing unbiased perspectives on the board's policies.
Pithayain Assavanig, CFO, Head of Fin., Accounting and Planing Division, Member of Investment Committee and Member of Equity Derivatives Committee
Chali Sophonpanich, Chairman, Member of Executive Committee and Member of Nomination Committee
Patchara Surajaras, COO, Executive Director, Chairman of Credit Committee, Chairman of IT Steering Committee, Chairman of Anti-Money Laundering and Combating the Financing of Terrorism Committee, Member of Executive Committee, Member of Investment Committee, Member of Equity Derivatives Committee and Member of Risk Management Committee
Kamollotch Ayudhaya, VP Department
Kongkiat Opaswongkarn, CEO, Executive Director, Chairman of Investment Committee, Chairman of Equity Derivatives Committee, Member of Executive Committee and Member of Nomination Committee
Nawaporn Sukkirdkijpiboon, VP Division
Vimolpan Suwantewatoop, Sr Division
Chirasak Ongpaibool, Sr Department
Chakkit Yantadilok, Ex 9
Jarunee Chansawang, VP Department

Asia Stock Performance Indicators

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Other Information on Investing in Asia Stock

Asia Plus financial ratios help investors to determine whether Asia Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Asia with respect to the benefits of owning Asia Plus security.