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  4. AAPICO Hitech Public Co., Ltd.
  5. AAPICO Hitech Public Co., Ltd. Business Report FY ended 2012

AAPICO Hitech Public Co., Ltd. Business Report FY ended Dec. 2012

Business Highlights

Financial Overview

(in million Baht)
  FY ended Dec. 31, 2012 FY ended Dec. 31, 2011 Rate of change (%) Factors
Overall
Sales 16,120 10,356

55.7

 -The strong year-on-year growth was mainly driven by the strong recovery and growth in the automotive industry due to the implementation of government policy on the tax rebate for the first-time car buyers.
EBITDA 2,019 403 401.0



Market share

 (%)
FY ended Dec. 31, 2012 FY ended Dec. 31, 2011 FY ended Dec. 31, 2010
Chassis frames 32 20 36
Steel fuel tanks 20 20 34
Door checks 29 29 25
Plastic fuel tanks 7 7 7

*According to the Company.


Joint Ventures

-In December 2012, the Company announced the formation of a new joint venture company with Edscha Holding GmbH. The new company, Edscha-AAPICO Automotive Co., Ltd, will manufacture door checks and door hinges. It is capitalized at 40 million baht, approximately 1 million euros, 51 percent of which will be invested by Edscha and the remaining 49 percent by AAPICO. (From a press release on December 21, 2012)

Investment Activities

Capital Expenditures

 (in million Baht)
  FY ended Dec. 31, 2012 FY ended Dec. 31, 2011 FY ended Dec. 31, 2010
Overall 6,541 6,578 5,546



Investment in Thailand

-In the year 2013, the AAPICO Group plans to launch new models. Furthermore, the Company plans to expand business with Tier 1 suppliers, as well as Tier2. The Company has started the preparation to increase production capacity and manpower to support these new models. For this business expansion, the Company plans investments in new machinery, for example, the 1,000 ton blanking press at AAPICO Amata, and the new injection machines for 1,300 tons, 1,600 tons and 2,500 tons at AAPICO Plastics. In addition, with support from our subsidiary company, AAPICO Hitech Tooling, the Company plans to change from manual process to automation process in order to improve productivity and reduce the reliance on human manpower.

MarkLines Customer Support

9:00 a.m. - 5:30 p.m. Mon.-Fri. (excluding national holidays)
japan Japan
Roppongi, Minato-ku, Tokyo, Japan
+81-3-4241-3907
USA USA
Novi, Michigan, USA
+1-248-327-6987
MEX Mexico
León Guanajuato, Mexico
+52-477-796-0560
DEU Germany
Frankfurt am Main, Germany
+49-69–904-3870-0
CHN China (Shanghai)
Huangpu District, Shanghai, China
+86-21-6212-6562
infoshanghai@marklines.com
CHN China (Shenzhen)
Nanshan District, Shenzhen, Guangdong
+86-755-2267-1725
THA Thailand
Klongtoey, Bangkok, Thailand
+66-2-665-2840
IND India
Gurgaon, Haryana, India
+91-124-4048779