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- Somboon Advance Technology Public Co., Ltd. Business Report FY ended Dec. 2019
Somboon Advance Technology Public Co., Ltd. Business Report FY ended Dec. 2019
Financial Overview
|
(in million THB) |
| |
FY ended Dec. 31, 2019 |
FY ended Dec. 31, 2018 |
Rate of change (%) |
| Net Sales |
8,005.6 |
8,193.8 |
(2.3) |
| Net Profit |
898.7 |
915.6 |
(1.8) |
Award
| Awards from customer |
TCC HRD Activity 2017 from Toyota |
| The Winner TPS Award 2017 from Toyota |
| MCC QCC Activity 2017 from Mitsubishi |
| Quality Award and Delivery 2017 from Kubota |
| SKC Delivery Skill Contest 2017 from Kubota |
| RUNNER UP SKC Delivery Kaizen Award 2017 from Kubota |
| Gold Award QCD 2017 from Kubota |
| Quality Award and Delivery 2017 from Isuzu |
| Awards from various agencies |
Sustainability Awards of Honor 2019 from SET |
| Thailand Sustainability Investment 2019 (THIS) from SET |
| SET Award of Honor -Excellence in Investor Relations 2017-2019 from SET |
| Best IR Awards 2015-2016 from IAA |
| Gold Level Thailand HR Innovation Award 2017, the highest award from the National Institute for Productivity in collaboration with the PMAT & NIDA |
| CSR-DIW Continuous Award 2017 from DIW |
Market share of Major Products
|
(%) |
| Products |
Company |
FY ended Dec. 31, 2019 |
FY ended Dec. 31, 2018 |
FY ended Dec. 31, 2017 |
| Rear axle shafts |
Somboon Advance Technology Public Co., Ltd. (SAT) |
72 |
72 |
70 |
| Disc brakes |
Somboon Malleable Iron Industrial Co,. Ltd. (SBM) |
24 |
34 |
25 |
| Drum brakes |
Somboon Malleable Iron Industrial Co,. Ltd. (SBM) |
11 |
| Hub Wheel |
Somboon Malleable Iron Industrial Co,. Ltd. (SBM) |
14 |
- |
- |
| Coil springs |
Bangkok Spring Industrial Co., Ltd. (BSK) |
- |
- |
25 |
| Stabilizer bars |
Bangkok Spring Industrial Co., Ltd. (BSK) |
- |
- |
21 |
| Leaf springs |
Bangkok Spring Industrial Co., Ltd. (BSK) |
- |
- |
- |
| Hubs |
Somboon Forging Technology Co., Ltd. (SFT) |
- |
- |
11 |
R&D Expenditure
-In the fiscal year ended December 31, 2019, the Company and its subsidiary have the cost for the research and development of technology, total of 30 million baht.
Technical Assistance Agreements
| Company |
Technical assistance from |
| Somboon Advance Technology Public Co., Ltd. (SAT) |
Ibara Seiki |
| Somboon Malleable Iron Industrial Co,. Ltd. (SBM) |
Ibara Seiki |
Capital Expenditure
|
(in million THB) |
| |
FY ended Dec. 31, 2019 |
FY ended Dec. 31, 2018 |
FY ended Dec. 31, 2017 |
| Overall |
351 |
357 |
295 |