Company Info
Somboon Advance Technology Public Co., Ltd.
Company Profile
■URL
■Address
215 Moo 2, Debaratna Road, Bangchalong, Bangplee, Samutprakarn 10540, Thailand
Business Overview
-The Company is Thailand’s leading automotive parts manufacturer. It manufactures axle shafts, disc brakes, brake drums, and hub wheels for passenger vehicles and commercial vehicles, as well as agricultural machinery.
-On 1 January 2022, the Company has restructured business to be a holding company and has transferred its axle shaft production line to its subsidiary, Somboon Forging Technology Co., Ltd. The purpose is to effectively implement the Company's plan and to increase flexibility in business expansion.
-The Company is organized into two reportable segments based on the products provided as follows:
- Axles and trunnion shafts
- Other auto parts and others
Share of major products in the Thai market |
(%) |
| Product | FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 |
| Rear axle shafts | 85 | 84 | 73 |
| Disc brakes and drum brakes | 21 | 20 | 23 |
| Hubs | 22 | 17 | 13 |
Shareholders
| -The Company is listed on the Stock Exchange of Thailand. | (As of Mar. 9, 2024) |
| Largest shareholder accounts | Shareholding (%) |
| Somboon Holding Company Limited | 29.92 |
| Kitaphanich Family | 13.38 |
| Thai NVDR Company Limited | 7.79 |
| Krungsri Dividend Stock Fund | 2.09 |
| KKP Long Term Equity Dividend Fund | 1.5 |
| Allianz Ayudhya Assurance PCL. | 1.13 |
| BBHISL Nominees Limited | 0.63 |
| Mr. Sompong Phaoenchoke | 0.58 |
| KKP Equity Retirement Mutual Fund | 0.57 |
| Bualuang Thai Equity Super Super Savings Fund | 0.56 |
| Mr. Siraphop Chuengsamarn | 0.52 |
| Total | 58.67 |
Products
-Axle shafts
-Inner shafts
-Trunnion shafts
-Flange companions
-Hub front axles
-Pulleys
-Rear end housings
-Camshafts
-Cylinder disc brakes
-Car gears
-Disc brakes
-Drum brakes
-Exhaust manifolds
-Flywheels
-Front axle assemblies
-Mounting cylinder disc brakes
-Brackets
-Hardening camshafts
-Coil springs
-Leaf springs
-Stabilizer bars
-Bearing housings
-Differential carriers
History
| 1962 | Established Somboon Spring Ltd. |
| 1975 | Established Somboon Malleable Iron. |
| 1977 | Established Bangkok Spring Industrial. |
| 1995 | Established Somboon Advance Technology. |
| 2002 | Commenced supplying for Toyota. |
| 2005 | Listed on the Stock Exchange of Thailand. |
| 2007 | Acquired International Casting Products by 100% shareholder. |
| 2011 | Established Somboon Forging Technology Co., Ltd. |
| Aug. 2017 | Has set up a joint venture with a German company, Mubea Engineering AG, the affiliate of Mubea Group, to manufacture vehicle springs. |
| May 2022 | Formed a joint venture company called Somboon Tron Energy Co., Ltd. The Company holds 60% share, while 40% held by Tron Energy Technology Co., Ltd. |
| Aug. 2023 | Sold 10% of its shares in Mubea Somboon Automotive Co., Ltd. (MSA) to Mubea Engineering AG, resulting in the Company holding 40% shares in MSA and the other 60% held by Mubea Engineering. |
Supplemental Information 1
>>>Business Report FY ended Dec. 31, 2010
>>>Business Report FY ended Dec. 31, 2011
>>>Business Report FY ended Dec. 31, 2012
>>>Business Report FY ended Dec. 31, 2013
>>>Business Report FY ended Dec. 31, 2014
>>>Business Report FY ended Dec. 31, 2015
>>>Business Report FY ended Dec. 31, 2016
>>>Business Report FY ended Dec. 31, 2017
>>>Business Report FY ended Dec. 31, 2018
>>>Business Report FY ended Dec. 31, 2019
>>>Business Report FY ended Dec. 31, 2020
>>>Business Report FY ended Dec. 31, 2021
>>>Business Report FY ended Dec. 31, 2022
Note: A figure in brackets ( ) indicates a loss
Japan
+81-3-4241-3907
USA
Mexico
Germany
China
Thailand
India