Auto parts and tooling
This part makes stamped metal parts, welded assemblies, dies, and other parts used in cars and pickups. It also builds tools and molds that help customers produce those parts.
Customers and revenue model
A
AAPICO Hitech PCL
SET:AH
AAPICO Hitech PCL
SET:AH
Price:
15.5
THB
3.33%
Market Closed
Market Cap:
฿5.5B
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Company Overview
Business Description
- Sector
- Consumer Discretionary
- Industry
- Auto Components
- Headquarters
- Thailand TH
- Employees
- 5 493
- IPO date
- Oct 17, 2002
AAPICO Hitech PCL makes automotive parts and related manufacturing tools for carmakers. Its core business is supplying stamped metal parts, welded assemblies, plastic parts, and the dies and molds used to produce them. It also works in vehicle assembly and, in some cases, supports customers with engineering and tooling services that sit close to the factory floor.
Its main customers are vehicle manufacturers and tier-one auto suppliers in Thailand and nearby markets. The company earns money by selling parts, charging for tooling and engineering work, and, where it is involved in assembly, by supplying completed vehicles or vehicle units under contract. This makes AAPICO part of the supply chain rather than a consumer brand.
What makes the business model different is that it is tied to both manufacturing and the equipment behind manufacturing. By making the dies, molds, and assembly systems as well as the parts themselves, AAPICO can support customers from product design through production. That gives it a role as a technical supplier to the automotive industry, not just a simple parts seller.