Phiphat Phornsuwan - Eastern Commercial Independent Director

ECL Stock  THB 1.13  0.04  3.42%   

Director

Mr. Phiphat Phornsuwan serves as Independent Director of Eastern Commercial Leasing PCL since 2003. He is also a Chairman of the Company Audit Committee. He holds a Bachelor degree in Statistics from Chulalongkorn University, Thailand, and a MBA from Texas A I University, the United States. since 2003.
Age 67
Tenure 21 years
Professional MarksMBA
Phone66 2 641 5252
Webhttps://www.ecl.co.th

Eastern Commercial Management Efficiency

The company has return on total asset (ROA) of 0.0447 % which means that it generated a profit of $0.0447 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1189 %, meaning that it generated $0.1189 on every $100 dollars invested by stockholders. Eastern Commercial's management efficiency ratios could be used to measure how well Eastern Commercial manages its routine affairs as well as how well it operates its assets and liabilities.
Eastern Commercial Leasing has accumulated 963.03 M in total debt with debt to equity ratio (D/E) of 2.0, which is about average as compared to similar companies. Eastern Commercial has a current ratio of 2.15, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Eastern Commercial until it has trouble settling it off, either with new capital or with free cash flow. So, Eastern Commercial's 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 Eastern Commercial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eastern to invest in growth at high rates of return. When we think about Eastern Commercial's use of debt, we should always consider it together with cash and equity.

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Eastern Commercial Leasing Public Company Limited engages in the provision of credit services to personal and juristic person in the form of hire purchase, loans, and sale with right of redemption agreement in Thailand. The company was incorporated in 2003 and is headquartered in Bangkok, Thailand. EASTERN COMMERCIAL operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand. Eastern Commercial Leasing (ECL) is traded on Thailand Exchange in Thailand and employs 29 people.

Management Performance

Eastern Commercial Leadership Team

Elected by the shareholders, the Eastern Commercial's board of directors comprises two types of representatives: Eastern Commercial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eastern. The board's role is to monitor Eastern Commercial's management team and ensure that shareholders' interests are well served. Eastern Commercial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eastern Commercial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Charatsang Yuampai, Deputy CFO
Duangrat Chaengmongkhon, Company Secretary, Senior Deputy Managing Director, Director
Praseoet Wibunchan, Managing Director, Director
Danucha Veerapong, Deputy CEO
Sukkasem Titasaro, Collection Compliance
Kanchana Sophonphongphiphat, Director
Mano Boonyasrisawasdi, Director Devel
Isara Thappharangsi, Managing Director of Marketing, Director
Thailuck Leetavorn, Director
Prapakorn Veerapong, MD Director
Phiphat Phornsuwan, Independent Director
Visit Saikrachang, Assistant Managing Director of Debt Collection
Walaiporn Panyatanya, Deputy Director
Tiratee Patiparnwoharn, Deputy Director
Manatsanan Banchoetkit, Executive Director
Charatsaeng Yuamphai, Assistant Managing Director of Risk Analysis and Planning
Kanchana Soponpongpipat, Director Fin
Soraphat Sutthiankun, Director
Pricha Wiraphong, Chairman of the Board
Yohichi Shibata, Director
Prapsari Permsab, Director
Duangrat Jaengmongkol, Company Director
Danucha Wiraphong, Chief Executive Officer, Director
Praphakorn Wiraphong, Managing Director, Director
Masayuki Nozawa, Deputy Director

Eastern Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Eastern Commercial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Eastern Stock

Eastern Commercial financial ratios help investors to determine whether Eastern 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 Eastern with respect to the benefits of owning Eastern Commercial security.