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  5. 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