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The Company has two major production facilities, consisting of filter factory with production capacity of 32.5 million units per year and radiator (600,000 units per year)..
This report was prepared and composed by the Pefindo Equity & Index Valuation Division with the objective of enhancing the transparency of share prices o f
This positive development of domestic economy will further driving automotive sales in the country and encourage the sales to continue its pace of growth as historically
In 2011, SMSM has added its production capacity, from previously 1.2 million pcs per year to 1.95 million pcs per year for radiators product (up by 62.5%), and from
Considering a 6% YoY expect ed grow t h of w orldw ide car product ion and also 6% YoY of expect ed grow t h in dom est ic car sales, t he prospect of an aut om ot ive part s
Nowadays, SMSM’s capacit y of product ion of filt er and radiat or product s have reached 72 m illion and 1.95 m illion unit s per year, respect ively, and has been used in
The ratings reflect SMSM’s relatively strong presence in the replacement market for automotive filters, very conservative capital structure, and very strong cash flow
Despite the growing export revenue, SMSM’s presence in the global market is still very small, which leads the Company to expand its capacities to serve a bigger global
