Financial Management Term Paper
Financial Ratio Analysis Automotive Industry
1. AAPICO HITECH PUBLIC COMPANY LIMITED 2. SOMBOON ADVANCE TECHNOLOGY PUBLIC COMPANY LIMITED 3. INTERHIDES PUBLIC COMPANY LIMITED 4. T.KRUNGTHAI INDUSTRIES PUBLIC COMPANY LIMITED
MBA English Program Group members: Chinchai Rattaporn Vikanya Supawin Udomtarak Akkarasoranee Jearaditharporn Niyamanon 548 24952 26 548 25311 26 548 25370 26 548 25414 26
Company Profile
AAPICO HITECH PUBLIC COMPANY LIMITED (“AH”) AAPICO Hitech PLC and its subsidiaries operate in 3 countries: Thailand, Malaysia and China where the main focus is the manufacture of automotive parts. The operation can be divided into 5 major sectors: OEM: manufacture of OEM auto parts, dealers: automobile sales and services, jigs: design, manufacture and installation of assembly jigs, dies: design and manufacture of dies, car navigation (Powermap) sales and services. In terms of sales, the main contribution to the Company came from the manufacture of OEM auto parts which accounted for 66%, primarily from the Chassis Frame operation. Sales from the dealership business contributed to 27%i. Customers: Auto Alliance Thailand, General Motors, Honda, Isuzu, Mazda, Mitsubishi Motors, Nissan, Toyota, Yamaha, BMW, Chrysler, Hino, Hyundai, Land Rover, Mercedes Benz, Proton, Suzuki, Volvo, etc. Competitors: Thai Denso Group, Thai Stanley Electric PCL, Interhides Financial Information Sales Net income (loss) Total assets Stock price Y2011 10,355,659,233 (391,970,291) 11,521,206,298 10.20 Y2010 11,344,221,100 394,186,285 11,474,181,598 16.30 Y2009 7,114,457,899 (116,328,468) 9,545,463,421 8.55ii
SOMBOON ADVANCE TECHNOLOGY PUBLIC COMPANY LIMITED (“SAT”) SAT and its subsidiaries (located in the same area) focus on manufacturing automobile parts. The Company target groups are Original Equipment Manufacturers (OEM) for long term contracts, and Replacement Equipment Manufacturers (REM). SAT manufactures parts of motor vehicle industry such as passenger car, pick-up car,
1. AAPICO HITECH PUBLIC COMPANY LIMITED 2. SOMBOON ADVANCE TECHNOLOGY PUBLIC COMPANY LIMITED 3. INTERHIDES PUBLIC COMPANY LIMITED 4. T.KRUNGTHAI INDUSTRIES PUBLIC COMPANY LIMITED
MBA English Program Group members: Chinchai Rattaporn Vikanya Supawin Udomtarak Akkarasoranee Jearaditharporn Niyamanon 548 24952 26 548 25311 26 548 25370 26 548 25414 26
Company Profile
AAPICO HITECH PUBLIC COMPANY LIMITED (“AH”) AAPICO Hitech PLC and its subsidiaries operate in 3 countries: Thailand, Malaysia and China where the main focus is the manufacture of automotive parts. The operation can be divided into 5 major sectors: OEM: manufacture of OEM auto parts, dealers: automobile sales and services, jigs: design, manufacture and installation of assembly jigs, dies: design and manufacture of dies, car navigation (Powermap) sales and services. In terms of sales, the main contribution to the Company came from the manufacture of OEM auto parts which accounted for 66%, primarily from the Chassis Frame operation. Sales from the dealership business contributed to 27%i. Customers: Auto Alliance Thailand, General Motors, Honda, Isuzu, Mazda, Mitsubishi Motors, Nissan, Toyota, Yamaha, BMW, Chrysler, Hino, Hyundai, Land Rover, Mercedes Benz, Proton, Suzuki, Volvo, etc. Competitors: Thai Denso Group, Thai Stanley Electric PCL, Interhides Financial Information Sales Net income (loss) Total assets Stock price Y2011 10,355,659,233 (391,970,291) 11,521,206,298 10.20 Y2010 11,344,221,100 394,186,285 11,474,181,598 16.30 Y2009 7,114,457,899 (116,328,468) 9,545,463,421 8.55ii
SOMBOON ADVANCE TECHNOLOGY PUBLIC COMPANY LIMITED (“SAT”) SAT and its subsidiaries (located in the same area) focus on manufacturing automobile parts. The Company target groups are Original Equipment Manufacturers (OEM) for long term contracts, and Replacement Equipment Manufacturers (REM). SAT manufactures parts of motor vehicle industry such as passenger car, pick-up car,