MIRA INFORM REPORT
|
Report Date : |
24.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
KCC CORPORATION |
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Registered Office : |
1301-4, Seocho 4-dong, Seocho-gu, Seoul, Korea, Zip Code 137-855 |
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Country : |
South Korea |
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Financials (as on) : |
31.03.2011 |
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Date of Incorporation : |
12.08.1958 |
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Com. Reg. No.: |
214-81-70045 |
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Legal Form : |
Listed Company |
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Line of Business : |
Manufacture of General Paints and Similar Products |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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Litigation : |
Exists |
NOTES :
Any query related to this report can be made on
e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
South Korea |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Basic
|
Company
Name |
KCC CORPORATION (Korean Company
Name : “(주)케이씨씨”) |
|
Registered Address |
1301-4, Seocho 4-dong, Seocho-gu, Seoul,
Korea |
|
Zip Code |
137-855 |
|
Tel |
+82-2-3480-5000 |
|
Fax |
+82-2-3480-5424 |
|
E-mail |
oicd@kccworld.co.kr |
|
Website |
www.kccworld.co.kr |
|
Trading Address |
1301-4, Seocho 4-dong, Seocho-gu, Seoul,
Korea |
|
Tel |
+82-2-3480-5711~4 |
|
Fax |
+82-2-3480-5436 |
|
Other Address-Yeoju Factory |
1-2, Bondu-ri, Ganam-myeon, Yeoju-gun,
Gyeonggi-do, Korea |
|
Tel |
+82-31-880-3000 |
|
Fax |
+82-31-882-5879 |
|
Other Address-Eonyang Factory |
1030, Bansong-ri, Eonyang-eup, Ulju-gun, Ulsan, Korea |
|
Tel |
+82-52-255-5500 |
|
Other Address-Suwon Factory |
296-3, Seodun-dong, Gwonseon-gu, Suwon-si,
Gyeonggi-do, Korea |
|
Tel |
+82-31-299-2000 |
|
Other Address-Asan Factory |
71, Seowon-ri, Yeomchi-eup, Asan-si, Chungcheongnam-do, Korea |
|
Tel |
+82-41-539-9000 |
|
Other Address-JeonjuⅠFactory |
820, Yongam-ri, Bongdong-eup, Wanju-gun,
Jeollabuk-do, Korea |
|
Tel |
+82-63-260-8800 |
|
Fax |
+82-63-262-5009 |
|
Other Address-Jeonju Ⅱ Factory |
846, Yongam-ri, Bongdong-eup, Wanju-gun, Jeollabuk-do, Korea |
|
Tel |
+82-63-260-7000 |
|
Fax |
+82-63-261-5508 |
|
Other Address-Jeonju III Factory |
844, Yongam-ri, Bongdong-eup, Wanju-gun, Jeollabuk-do,
Korea |
|
Tel |
+82-63-260-1700 |
|
Other Address-Yeocheon Factory |
880, Nakpo-dong, Yeosu-si, Jeollanam-do,
Korea |
|
Tel |
+82-61-680-7800 |
|
Other Address-Ulsan Factory |
1234, Bangeo-dong, Dong-gu, Ulsan, Korea |
|
Tel |
+82-52-280-1717 |
|
Other Address-Munmak Factory |
2239, Munmak-eup, Wonju-si, Gangwon-do, Korea |
|
Tel |
+82-33-749-4500 |
|
Other Address -Mokpo Branch |
1115-6, Sang-dong, Mokpo-si, Jeollanam-do, Korea |
|
Tel |
+82-61-280-5900~1 |
|
Fax |
+82-61-284-8950 |
|
Other Address-Jeonju Sales Office |
339-1, Palbokdong 2-ga, Deokjin-gu,
Jeonju-si, Jeollabuk-do, Korea |
|
Tel |
+82-63-211-5300 |
|
Fax |
+82-63-211-5340 |
|
Type |
Export/Import |
|
Industry |
Manufacture of General Paints and Similar Products |
|
Main
Business |
Glass, Paint, Windows And Doors, Mineral Wool, Gypsum Board, Paint |
|
Sub
Business |
Manufacture of Asbestos, Mineral Wools and Other Similar Products |
|
Established (mm/dd/yyyy) |
08/12/1958 |
The Subject owns
the premises of registered HQ address, Yeoju Factory, Eonyang Factory, Suwon
Factory, Jeonju Factory, Yeocheon Factory, Ulsan Factory and Munmak Factory.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Float glass(30171708) |
|
Sell |
Thermal insulation sleeving(30141505) |
|
Sell |
Windows(30171600) |
|
Sell |
Pigment paints(31211503) |
|
Sell |
Facial tissues(14111701) |
|
Sell |
Pocket doors(30171508) |
|
Sell |
Glass products(30171700) |
|
Sell |
Epoxy(13111001) |
|
Sell |
Thermal insulation(30141500) |
|
Sell |
Restroom partitions(30181508) |
|
Sell |
Flooring(30161700) |
|
Sell |
Fiber straps(31151903) |
|
Sell |
Ceramic fibers(11151513) |
|
Sell |
Gypsum board(30161509) |
|
Sell |
Wall finishing materials(30161500) |
|
Sell |
Insulation batts(30141504) |
|
Sell |
Casement windows(30171606) |
|
Sell |
Resins(13111000) |
|
Sell |
Base Metals(11101700) |
|
Sell |
Fire resistant coatings or putties or
sealants(46191503) |
|
Sell |
Panels or panelling(30161505) |
|
Sell |
Nonwoven fabrics(11162200) |
|
Sell |
Silicone foam(13111303) |
|
Sell |
Moisture repellent(15121801) |
|
Sell |
Ceiling materials(30161600) |
|
Sell |
Miscellaneous finishes(31211700) |
|
Sell |
Other adhesives and sealants(31201600) |
CEO’s
|
Name |
Chung Mong-Jin |
|
Date of Birth |
08/05/1960 |
|
Title |
Chairman & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
56,252,305,000 |
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|
Employees |
4,727 |
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|
Formation |
Listed Company (Korea Stock Exchange : 002380) as of 06/25/1973 Listed GDR at BdL-Market as of 04/22/2003 A Company of KCC GROUP |
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Bank Details |
Kookmin Bank Korea Exchange Bank Shinhan Bank Korea Development Bank-HQ |
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Corporate Registered No. |
110111-0221814 |
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Business Registered No. |
214-81-70045 |
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Permit & Licenses |
02/11/1965 KS Mark 12/30/1975 KS Mark 12/15/1993 ISO 9001 02/23/1994 ISO 9002 04/24/1996 ISO 9001 Int’l Trade No.: 771889 |
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Shareholder Position |
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|
Company History |
08/12/1958 Incorporated as Keumkang Slate
Industries Co., Ltd. 03/10/1976 Changed company name to Keumkang
CO., Ltd. 06/01/1989 Transferred Construction
Business Division to KUMKANG CONSTRUSTION CO., LTD.(194211-0042614) 12/10/1990 Transferred Glass Mine’s Operation Right to Korea Silica
Ltd(115511-0000728) 05/1994 Moved to the present HQ address from 27-8, Jamwon-dong,
Seocho-gu, Seoul, Korea 03/31/2000 Acquired Koryo Chemicals Co., Ltd. 04/01/2000 Changed company name to Keumkang
Koryo Chemicals Co., Ltd. 03/20/2002 Transferred Automobile Safety
Glass Operation to Korea Autoglass Corporation(164711-0007507) 10/31/2004 Acquired E-KCC CO., LTD.(110111-2124280) 02/25/2005 Changed company name to the
present name 11/22/2010 Acquired ARCHE SOLAR CO.,
LTD.(135711-0062936) |
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|
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Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Chairman & CEO |
Mr. |
Chung Mong-Jin |
Korean |
1960.08.05 |
Korea University, Korea |
|
President & CEO |
Mr. |
Chung Mong-Ik |
Korean |
1962.01.28 |
George Washington University, USA |
|
Director |
Mr. |
Lee Joong-Kil |
Korean |
1951.08.18 |
Dongkook University, Korea |
|
Director |
Mr. |
Lee Won-Ho |
Korean |
1948.01.24 |
KAIST, Korea |
|
Outside Director/Auditor |
Mr. |
Kong Seok-Hwan |
Korean |
1960.02.02 |
Seoul National University, Korea |
|
Outside Director/Auditor |
Mr. |
Kim Jae-Joon |
Korean |
1960.06.15 |
Seoul National University, Korea |
|
Outside Director/Auditor |
Mr. |
Jung Jong-Soon |
Korean |
1943.03.28 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Kwon Oh-Seung |
Korean |
1950. 01.12 |
Hanyang University |
|
Outside Director |
Mr. |
Song Tae-Nam |
Korean |
1944. 10.01 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Lee Jung-Dae |
Korean |
1943. 12.04 |
Seoul National University, Korea |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
683,914,154,001 |
8,870,107,586,095 |
74,328,211,954 |
|
|
2010 |
2,830,515,058,543 |
8,294,393,169,082 |
326,642,610,793 |
|
2009 |
2,680,096,605,306 |
7,007,263,565,724 |
360,848,350,064 |
|
2008 |
2,488,127,752,432 |
5,547,416,466,797 |
187,262,119,768 |
|
2007 |
2,097,580,325,377 |
7,218,327,908,390 |
203,072,325,474 |
|
2006 |
1,908,683,775,463 |
3,940,837,207,042 |
196,042,547,864 |
|
2005 |
1,869,809,191,486 |
3,397,617,645,077 |
178,059,825,624 |
|
2004 |
1,862,799,634,019 |
2,895,839,061,365 |
130,630,108,880 |
(*)03/2011’s figures are based on the K-IFRS Accounting System.
Financial Description
|
Authorized Capital(KRW) |
120,000,000,000 |
|
Paid-Up Capital(KRW) |
56,252,305,000 |
|
Total Issues Shares |
11,250,461 |
Balance Sheet
|
Unit : Korean Won |
01/01/2011~03/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total
Assets |
8,870,107,586,095 |
8,309,746,682,463 |
|
|
Current Assets |
1,465,278,774,490 |
1,593,868,658,660 |
|
|
Cash
& Cash Equivalents |
290,823,993,641 |
499,909,030,994 |
|
|
National Subsidies |
-2,895,560,438 |
-3,373,666,660 |
|
|
Trade Receivables |
657,118,429,578 |
681,869,014,071 |
|
|
Other Receivables |
90,629,098,373 |
30,740,323,719 |
|
|
Advance
Payments |
16,335,302,512 |
10,554,960,237 |
|
|
Prepaid
Expenses |
1,322,345,529 |
1,705,583,479 |
|
|
Current Portion of Derivatives |
8,786,979,484 |
7,957,080,626 |
|
|
Current Portion of Marketable Financial
Instruments |
10,849,153,416 |
10,849,153,416 |
|
|
Current Portion of Other Marketable
Financial Instruments |
360,445,000 |
137,325,000 |
|
|
Inventories |
391,948,587,395 |
353,519,853,778 |
|
|
Non-Current Assets |
7,404,828,811,605 |
6,715,878,023,803 |
|
|
Long-Term
Trade Receivables |
13,785,447,323 |
12,385,164,534 |
|
|
Other Receivables |
4,887,728,994 |
4,706,891,197 |
|
|
Marketable
Financial Instruments |
3,924,413,510,565 |
3,333,336,267,965 |
|
|
Other Marketable Financial Instruments |
2,021,665,956 |
2,168,958,305 |
|
|
Investment_Related
Companies |
304,155,924,416 |
289,587,357,590 |
|
|
Investment_Subsidiaries |
430,458,270,580 |
430,458,270,580 |
|
|
Non-Current Portion of Derivatives |
571,483,433 |
1,310,491 |
|
|
Tangibles |
2,615,023,147,820 |
2,533,991,617,132 |
|
|
Intangibles |
10,314,938,458 |
9,985,845,152 |
|
|
Investment_Real
Estates |
99,196,694,060 |
99,256,340,857 |
|
|
Total Liabilities |
2,578,030,402,494 |
2,481,363,012,466 |
|
|
Current Liabilities |
589,447,854,102 |
609,225,197,046 |
|
|
Trade Payables |
220,736,370,281 |
257,480,939,506 |
|
|
Borrowings |
126,455,859,980 |
73,550,469,172 |
|
|
Other Debts |
193,493,189,466 |
215,809,984,986 |
|
|
Current Portion of Derivatives |
342,805,993 |
927,230,984 |
|
|
Accrued Income Tax |
48,419,628,382 |
61,456,572,398 |
|
|
Non-Current Liabilities |
1,988,582,548,392 |
1,872,137,815,420 |
|
|
Borrowings |
805,680,929,702 |
824,610,728,160 |
|
|
Other Debts |
30,307,483,100 |
29,928,834,100 |
|
|
Non-Current Portion of Derivatives |
161,794,733,012 |
158,127,512,403 |
|
|
Confirmed Salary Debts |
35,260,930,967 |
31,614,279,293 |
|
|
Provisions |
4,186,770,257 |
3,695,606,659 |
|
|
Deferred Income Tax Credit |
951,351,701,354 |
824,160,854,805 |
|
|
Capital
Stock |
56,252,305,000 |
56,252,305,000 |
|
|
Capital
Surplus |
495,304,330,442 |
495,304,330,442 |
|
|
Capital
Adjustment |
-122,873,033,196 |
-122,873,033,196 |
|
|
Accumulated Income |
2,609,033,982,908 |
2,151,090,136,258 |
|
|
Profit
Surplus |
3,254,359,598,447 |
3,248,609,931,493 |
|
|
Total
Equity |
6,292,077,183,601 |
5,828,383,669,997 |
|
|
Liab.
& Shareholder’s Equity |
8,870,107,586,095 |
8,309,746,682,463 |
|
Balance Sheet
|
Unit : Million Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
8,294,393,169,082 |
7,007,263,565,724 |
5,547,416,466,797 |
|
Current Assets |
1,586,614,922,560 |
1,584,698,412,987 |
1,563,406,145,809 |
|
-Quick Assets |
1,231,723,855,719 |
1,244,928,411,553 |
1,189,060,301,804 |
|
-Inventories |
354,891,066,841 |
339,770,001,434 |
374,345,844,005 |
|
Fixed Assets |
6,707,778,246,522 |
5,422,565,152,737 |
3,984,010,320,988 |
|
-Investment |
4,139,699,462,325 |
2,885,351,312,339 |
2,619,516,967,344 |
|
-Tangibles |
2,540,539,222,823 |
2,395,932,991,163 |
1,207,448,878,872 |
|
-Intangibles |
3,257,452,372 |
2,907,269,068 |
3,637,226,915 |
|
-Others |
24,282,109,002 |
138,373,580,167 |
153,407,247,857 |
|
Total Liabilities |
2,508,692,451,899 |
2,433,893,932,453 |
2,032,995,229,385 |
|
Current Liabilities |
608,366,988,195 |
560,871,766,530 |
748,950,013,937 |
|
Fixed Liabilities |
1,900,325,463,704 |
1,873,022,165,923 |
1,284,045,215,448 |
|
Capital Stock |
56,252,305,000 |
56,252,305,000 |
56,252,305,000 |
|
Capital Surplus |
939,137,270,948 |
941,521,914,122 |
950,176,406,583 |
|
Profit Surplus |
1,889,503,530,271 |
1,643,769,421,478 |
1,345,139,681,953 |
|
Capital Adjustment |
2,900,807,610,964 |
1,931,825,992,671 |
1,162,852,843,876 |
|
Total Equity |
5,785,700,717,183 |
4,573,369,633,271 |
3,514,421,237,412 |
|
Liab. & Shareholder’s Equity |
8,294,393,169,082 |
7,007,263,565,724 |
5,547,416,466,797 |
|
Current Liabilities |
608,366,988,195 |
560,871,766,530 |
748,950,013,937 |
|
Trade Payables |
257,480,939,506 |
190,312,889,841 |
176,904,187,407 |
|
Short-Term Borrowings |
73,062,102,382 |
115,298,135,803 |
265,360,545,888 |
|
Account Payables |
172,224,152,035 |
181,863,274,432 |
118,999,441,051 |
|
Advance Receipts |
12,946,892,728 |
13,733,697,167 |
105,179,481,651 |
|
Withholdings |
9,296,885,437 |
7,727,911,519 |
5,162,659,238 |
|
Accrued Expenses |
3,368,272,261 |
5,250,132,500 |
17,256,210,506 |
|
Accrued Income Tax |
61,456,572,398 |
29,843,307,270 |
48,097,716,095 |
|
Guarantee Deposit Received |
14,717,532,563 |
16,416,333,598 |
11,624,129,401 |
|
Current Portion of Long-Term Debts |
488,366,790 |
426,084,400 |
365,642,700 |
|
Others |
3,325,272,095 |
|
|
|
Fixed Liabilities |
1,900,325,463,704 |
1,873,022,165,923 |
1,284,045,215,448 |
|
Exchangeable Bonds |
748,453,200,000 |
1,260,543,060,000 |
955,509,870,000 |
|
Long-Term Borrowings |
92,570,200,080 |
13,335,566,870 |
13,761,651,270 |
|
Provision for Severance & Retirement |
99,087,814,728 |
116,249,646,609 |
113,232,043,637 |
|
Long-Term Leasehold Deposit Received |
29,928,834,100 |
29,701,370,600 |
29,957,886,000 |
|
Provision for Repairing |
3,699,521,922 |
2,457,327,563 |
3,358,042,844 |
|
Derivatives |
72,929,064,659 |
79,914,878,163 |
11,557,370,492 |
|
Non-Current Portion of Deferred Income Tax Credit |
859,930,475,550 |
537,250,743,079 |
302,101,504,931 |
|
Others |
85,197,980,795 |
|
|
Income Statement
|
Unit : Korean Won |
01/01/2011~03/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Sales |
683,914,154,001 |
|
|
|
Cost of Sold Goods |
-573,490,926,788 |
|
|
|
Gross Profit |
110,423,227,213 |
|
|
|
Other Operating Income |
6,197,985,280 |
|
|
|
Selling & Admin. Expenses |
-103,486,303,254 |
|
|
|
Other Operating Expenses |
-2,175,063,685 |
|
|
|
Operating Income |
10,959,845,554 |
|
|
|
Finance Income |
118,325,722,837 |
|
|
|
Finance Expenses |
-42,845,212,416 |
|
|
|
Net Finance Income |
75,480,510,421 |
|
|
|
Income Before Taxes |
86,440,355,975 |
|
|
|
Income Taxes Expenses |
12,112,144,021 |
|
|
|
Net Income |
74,328,211,954 |
|
|
Income
Statement
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
2,830,515,058,543 |
2,680,096,605,306 |
2,488,127,752,432 |
|
Cost of Sold Goods |
2,237,492,142,226 |
2,031,672,477,742 |
1,971,750,268,345 |
|
Gross Profit |
593,022,916,317 |
648,424,127,564 |
516,377,484,087 |
|
Selling & Admin. Expenses |
394,095,224,956 |
363,981,462,194 |
355,649,918,915 |
|
Operating Income |
198,927,691,361 |
284,442,665,370 |
160,727,565,172 |
|
Non-Operating Income |
633,897,837,494 |
432,149,283,155 |
520,189,754,310 |
|
Non-Operating Expenses |
400,385,428,945 |
282,694,082,986 |
430,386,431,602 |
|
Ordinary Income |
432,440,099,910 |
433,897,865,539 |
250,530,887,880 |
|
Special Income |
|
|
|
|
Income Before Taxes |
432,440,099,910 |
433,897,865,539 |
250,530,887,880 |
|
Income Taxes Expenses |
105,797,489,117 |
73,049,515,475 |
63,268,768,112 |
|
Net Income |
326,642,610,793 |
360,848,350,064 |
187,262,119,768 |
Cash Flows
|
Unit : Korean Won |
01/01/2011~03/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Operating
Activities Cash Flows |
-99,346,425,273 |
|
|
|
Cash
Flows from Investing |
-91,090,323,175 |
|
|
|
Cash
Flows from Financing |
-16,383,779,791 |
|
|
|
Increase/Decrease
in Cash |
-206,820,528,239 |
|
|
|
Cash at
the Beginning of Year |
499,909,030,994 |
|
|
|
Cash at
the End of Year |
290,823,993,641 |
|
|
Cash Flows
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows from Operating |
334,357,199,779 |
321,942,598,110 |
277,020,186,229 |
|
-Net Income |
326,642,610,793 |
360,848,350,064 |
187,262,119,768 |
|
-Exp.
without Cash Outflow |
504,490,585,785 |
355,871,527,507 |
592,990,697,686 |
|
-Revenue
without Cash Inflows |
-524,794,131,962 |
-292,447,120,565 |
-323,669,202,915 |
|
-Changes in
Asset/ & Liability |
28,018,135,163 |
-102,330,158,896 |
-179,563,428,310 |
|
Cash Flows
from Investing |
-55,899,949,292 |
-453,493,988,436 |
-439,475,091,853 |
|
-Cash Inflow
from Investing |
266,769,700,042 |
131,177,679,802 |
77,172,828,811 |
|
-Cash
Outflows for Investing |
-322,669,649,334 |
-584,671,668,238 |
-516,647,920,664 |
|
Cash Flows
from Financing |
-325,411,924,442 |
174,176,638,581 |
-356,273,205,892 |
|
-Cash Inflows
from Financing |
746,911,422,566 |
393,010,679,991 |
219,330,261,938 |
|
-Cash
Outflows from Financing |
-1,072,323,347,008 |
-218,834,041,410 |
-575,603,467,830 |
|
Increase/Decrease
in Cash |
-46,954,673,955 |
42,625,248,255 |
-518,728,111,516 |
|
Cash at the
Beginning of Year |
546,863,704,949 |
504,238,456,694 |
1,022,966,568,210 |
|
Cash at the
End of Year |
499,909,030,994 |
546,863,704,949 |
504,238,456,694 |
Products, Technologies, Services Description
|
Main Products & Services |
Interior, Ceiling, Roofing Insulation Materials PVC Window & Flooring Architecture Float Glass Automotive Laminated Glass Paint Others -Glass Fiber -Alumina Metalizing -Epoxy Mold Compound Brand Name : KCC, ED-1700, EH2350 |
Trade Partners & Competitors
|
Suppliers |
SAMDUCK STEEL PIPE CO.,
LTD.(111511-0012917) ONE JUNG CAN MANUFACTURING CO.,
LTD.(110111-0139207) HYUNDAI CEMENT CO., LTD. (110111-0111867) HYUNDAI OIL REFINERY CO.,
LTD.(110111-0090558) E.I. DUPONT AGC |
|
Customers |
SOLAR POWER INDUSTRIES, INC.(USA) SEMI MATERIALS,CO.,LTD.(161511-0036628) |
|
Competitors |
HANKUK GLASS INDUSTRIES INC. 33, SEORIN-DONG JONGNO-GU SEOUL, 100-012
SOUTH KOREA TEL:+82-2-37069114 FAX:+82-2-37069363 DONGYANG GANGCHUL CO., LTD. 275-2 DAEHWA-DONG DAEDEOK-GU DAEJON,
306-801 SOUTH KOREA TEL:+82-42-6058300 FAX:+82-42-6229967 IZOCAM TICARET VE SANAYI A.S. DILOVASI MEVKII GEBZE KOCAELI, 41455 TURKEY TEL:+90-262-7546390 FAX:+90-262-7546688 |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
KCC ENGINEERING & CONSTRUCTION CO.,
LTD.(110111-0607618) (36.0% held by the subject company) KUMGANG LEISURE LTD.(131211-0001433) (20.5% held by the subject company) KOREA SILICA LTD.(115511-0000728) (60.0% held by the subject company) KOREA AUTOGLASS CORPORATION(164711-0007507) (40.0% held by the subject company) KAM COPORATION(161411-0019791) (51.0% held by the subject company) ARCHE SOLAR CO., LTD.(135711-0062936) (94.36% held by the subject company) SANGA TOP CO., LTD.(110111-3747825) WANJU WHINYEOUL CO., LTD.(110111-3801548) BORYUNG WHINYEOUL CO., LTD.(110111-3948366) |
|
Affiliates-Overseas |
KCC CHEMICAL (HK) HOLDING CO., LTD. (100.0% held by the subject company) KCC SINGAPORE PTE LTD. (100.0% held by the subject company) KCC-TURKEY (99.99% held by the subject company) KCC INDIA (100.0% held by the subject company) KCC VIETNAM (100.0% held by the subject company) BASILDON CHEMICAL CO LIMITED(UK) (100.0% held by the subject company) |
|
Overseas Branch |
CHINA-BEIJING OFFICE / BEIJING FACTORY NO51 SHUNTONG RD, RENHETOWN, SHUNYI
DISTRICT BEIJING P.R.CHINA 101300 TEL:+86-10-8949-8852 FAX:+86-10-8949-8144 KUNSHAN OFFICE #1, WUSONGJIANG-LU, QINGDENG-ZHEN,
KUNSHAN-SHI, JIANGSU-SHENG, P.R.CHINA, 215341 TEL:+86-512-5746-9000~3
FAX:+86-512-5746-9009 KCK SHANGHAI OFFICE ROOM 1402, BLOCK A, FAR EAST INTERNATIONAL
PLAZA, NO.319 XIANXIA ROAD, SHANGHAI 200051,P.R. CHINA TEL:+86-21-6235-1540 FAX:+86-21-6278-6338 GUANGZHOU OFFICE #9, DOUTANG STREET, YONGHE ECONOMIL
ZONE,GUANGZHOU 511356,P.R.CHINA TEL:+86-20-3222-1111 FAX:+86-20-3222-2121 JAPAN-TOKYO 15TH FLOOR, JT BUILDONG, 2-2-1, TORANOMON,
MINATOKU, TOKYO 105-0001, JAPAN TEL:+81-3-5114-8095 FAX:+81-3-5114-8282 HONG KONG, CHINA RM 1903, 19TH FLOOR, GOLDMARK, 502 HENNESSY
ROAD, CAUSEWAY BAY, HONGKONG, P.R.CHINA TEL:+852-2577-0476/0489 FAX:+852-2577-0497 VIETNAM LONGTHANH INDUSTRIAL ZONE, LONGTHANH
DISTRICT, DONGNAI PROVINCE, VIETNAM TEL:+84-8-3997-1004/5 FAX:+84-8-3997-1006 |
|
Overseas Branch |
MALAYSIA-PLANT(1) LOT 13, JALAN ANGGERIK MOKARA 31/54,
SEKSYEN 31,KOTA KEMUNING, 40460, SHAH ALAM, SELANGOR, MALAYSIA TEL:+60-3-5122-2900 FAX:+60-3-5122-1900 MALAYSIA-PLANT(2) NO 1, JALAN ANGGERIK MOKARA 31/53, SEKSYEN
31,KOTA KEMUNING, 40460, SHAH ALAM, SELANGOR, MALAYSIA TEL:+60-3-5122-2900 FAX:+60-3-5122-1800 SINGAPORE KCC(SINGAPORE) PTE LTD 1 TUAS AVENUE 2,
SINGAPORE 639441 TEL:+65-6862-0100 FAX:+65-6863-0679 CHENNAI, INDIA PLOT NO. K-20, SIPCOT INDUSTRIAL PARK,
MAMBAKKAM, SRIPERUMBUDUR, KANCHEEPURAM TAMILNADU, 602105, INDIA TEL:+91-044-2714-2000 FAX:+91-044-2714-2020 DUBAI, UAE ROOM # 304B, AL SALEMIYAH TOWER, UAE TEL:+971-4-229-3496/3697
FAX:+971-4-229-3498 TEHRAN, IRAN ROOM NO.1, 7TH FLOOR, TOWER MELLAT,
SEDAGHAT ST, VALL-YE-ASR AVE., TEHRAN, IRAN TEL:+98-21-2205-2735/2736
FAX:+98-21-2205-6111 KOCAELI, TURKEY GEBZE ORGANIZE SANAYI BOLGESI. TEMBELOVA
MEVKII. 3100. CAD. NO:3107 GEBZE - KOCAELI / TURKEY(ZIP CODE : 41400) TEL:+90-262-645-0200 FAX:+90-262-645-0209 MOSCOW, RUSSIA 12, KRASNOPRESNENSKAYA NAB., MOSCOW,
123610, RUSSIA GREECE FILONOS STR. 107-109, 18535 PIRAEUS, GREECE TEL:+30-210-428-2424~5 FAX:+30-210-428-2422 GERMANY-HAMBURG OSTERBEK STR, 90C 22083 HAMBURG, GERMANY TEL:+49-40-2780-9267/68/73
FAX:+49-40-2780-9269/71 HOUSTON, U.S.A-HOUSTON 14811 ST. MARY'S LANE SUITE #160, HOUSTON,
TEXAS 77079 TEL:+1-281-870-8785 FAX:+1-281-870-8781 |
|
Subsidiary |
KCC ENGINEERING & CONSTRUCTION CO., LTD.(110111-0607618) (36.0% held by the subject company) KOREA SILICA LTD.(115511-0000728) (60.0% held by the subject company) KOREA AUTOGLASS CORPORATION(164711-0007507) (40.0% held by the subject company) KAM COPORATION(161411-0019791) (51.0% held by the subject company) ARCHE SOLAR CO., LTD.(135711-0062936) (94.36% held by the subject company) KCC CHEMICAL (HK) HOLDING CO., LTD. (100.0% held by the subject company) KCC SINGAPORE PTE LTD. (100.0% held by the subject company) KCC-TURKEY (99.99% held by the subject company) KCC INDIA (100.0% held by the subject company) KCC VIETNAM (100.0% held by the subject company) |
|
Cooperative Enterprise |
-Insured Company DONGBU INSURANCE CO., LTD(110111-0095285) MERITZ FIRE & MARINE INSURANCE CO., LTD.(110111-0013328) -Technical Support ASAHI GLASS(Japan) DUPONT(USA) YRC(Japan) ARKEMA(France) PPG(USA) |
Sales by Region
(Activity & Markets)
|
Sales/ Unit :Mil KRW |
03/2011 |
2010 |
2009 |
|
Export |
190,228 |
784,812 |
705,888 |
|
Domestic |
574,224 |
2,045,703 |
1,974,208 |
|
Total |
764,452 |
2,830,515 |
2,680,097 |
The Subject deals
with the companies in China, Taiwan, Japan, Singapore, USA and Europe.
Court Action
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (Thousand KRW) |
Status |
|
|
Seoul Central District Court |
Hankuk Yeowoo Co., Ltd. |
The Subject Company |
Claim for Damages |
1,349,552 |
The Subject won at 1st round and 2nd round is proceeding. |
|
|
Busan District Court |
Kayia Environment Co., Ltd. |
The Subject Company |
Claim for Loan |
115,800 |
Proceeding |
|
|
Seoul Central District Court |
Taerim Construction Co., Ltd. |
The Subject Company |
Claim for Damages |
176,989 |
Proceeding |
|
|
Busan District Court |
Buil Housing Co., Ltd. |
The Subject Company |
Claim for Receivables-Construction |
209,650 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Sohn Tae-Kwan |
Claim for Promissory Notes |
472,962 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Ihyun ID CO., Ltd. & Others(1) |
Claim for Receivables |
509,223 |
Proceeding |
|
|
Incheon District Court |
The Subject Company |
Kuwol Sangjae Co., Ltd & Others(1) |
Claim for Promissory Notes |
373,983 |
Proceeding |
|
|
Incheon District Court |
The Subject Company |
EZ Hometech Co., Ltd. & Others(1) |
Claim for Checque |
399,971 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Dain Construction Co., Ltd. & Others(1) |
Claim for Promissory Notes |
372,954 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Yuri Nara Co., Ltd. & Others(2) |
Claim for Receivables |
241,968 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Sohn Hong Ki |
Claim for Receivables |
136,093 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Samkyung Chemical Industries Co., Ltd & Others(1) |
Claim for Receivables |
174,312 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
UP Pannel Industries Co., Ltd. & Others(1) |
Claim for Checque |
212,096 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Shinsung Industry development Co., Ltd.& Others(2) |
Claim for Promissory Notes |
200,045 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Hoyeon Construction Co., Ltd. & Others(2) |
Claim for Receivables |
387,614 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Myungduck Glass Co., Ltd. & Others(1) |
Claim for Receivables |
579,389 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Lee Jong-Ki & Others(1) |
Claim for Promissory Notes |
228,739 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Orak Soon-Yi & Others(1) |
Claim for Promissory Notes |
104,046 |
Proceeding |
|
|
Changwon District Court |
The Subject Company |
Ahn Hee-Seok |
Claim for Receivables |
133,578 |
Proceeding |
|
|
Suwon District Court-Yongin Branch |
The Subject Company |
MIH Co., Ltd. |
Claim for Receivables |
248,050 |
Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Jung Ji-Cheol |
Claim for Promissory Notes |
212,262 |
Proceeding |
News Clipping
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.69 |
|
UK Pound |
1 |
Rs.75.29 |
|
Euro |
1 |
Rs.65.77 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.