Pricha Wiraphong - Eastern Commercial Chairman of the Board

ECL Stock  THB 1.42  0.01  0.70%   

Chairman

Mr. Pricha Wiraphong serves as Chairman of the Board for Eastern Commercial Leasing PCL since 2003. He has experience as a Director for Eastern Land Co., Ltd. and BOA Leasing Co., Ltd. since 2003.
Age 82
Tenure 21 years
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.
The company 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
Amphorn Charuchinda, 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
Arichit Sasiprapha, Independent Director
Pricha Wiraphong, Chairman of the Board
Yohichi Shibata, Director
Prapsari Permsab, Director
Duangrat Jaengmongkol, Company Director
Isara Srisuta, Assistant Managing Director of Marketing
Danucha Wiraphong, Chief Executive Officer, Director
Pakorn Aphaphan, 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.

Pair Trading with Eastern Commercial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eastern Commercial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eastern Commercial will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Eastern Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastern Commercial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eastern Commercial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eastern Commercial Leasing to buy it.
The correlation of Eastern Commercial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eastern Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastern Commercial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eastern Commercial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Commercial Leasing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Eastern Commercial's price analysis, check to measure Eastern Commercial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastern Commercial is operating at the current time. Most of Eastern Commercial's value examination focuses on studying past and present price action to predict the probability of Eastern Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Commercial's price. Additionally, you may evaluate how the addition of Eastern Commercial to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Eastern Commercial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern Commercial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern Commercial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.