Thai Automobiles Low Leverage High Rewards

Somboon Advance Technology

Market Cap: ฿7.0b

Engages in the manufacturing and sale of automotive parts for pickup and trucks, passenger cars, and agricultural machinery in Thailand.

Thai Steel Cable

Market Cap: ฿4.0b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Hwa Fong Rubber (Thailand)

Market Cap: ฿2.7b

Manufactures and distributes tires and tubes for bicycles, motorcycles, and small logistics vehicles in Thailand, the rest of Asia, Europe, America, and internationally.

Yuasa Battery (Thailand)

Market Cap: ฿1.6b

Engages in the manufacture and distribution of batteries for automobiles and motorcycles in Thailand.

AAPICO Hitech

Market Cap: ฿5.3b

Engages in the manufacture and distribution of automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal.