MIRA
INFORM REPORT
|
Report Date : |
17.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
TONGYANG INC. |
|
|
|
|
Registered Office : |
Alpha Bldg., 70, Seorin-dong, Jongno-gu, Seoul, Korea 110-110 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
30.09.2011 |
|
|
|
|
Date of Incorporation : |
25.08.1955 |
|
|
|
|
Com. Reg. No.: |
116-81-34352 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacture of Ready-Mix Concrete |
|
|
|
|
No. of Employees : |
1,230 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Clear |
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 September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Basic Information
|
Company Name |
TONGYANG INC. (Ex. Company Name : TONG YANG MAJOR CORPORATION, 동양메이저(주)) (Korean Company
Name : (주)동양) |
|
Registered Address |
Alpha Bldg., 70, Seorin-dong, Jongno-gu,
Seoul, Korea |
|
Building |
|
|
Zip Code |
110-110 |
|
Tel |
+82-2-3770-3000 |
|
Fax |
+82-2-3770-3305 |
|
E-mail |
pbsmen@tymajor.co.kr |
|
Website |
www.tymajor.co.kr |
|
Trading Address |
Alpha Bldg., 70, Seorin-dong, Jongno-gu,
Seoul, Korea |
|
Tel |
+82-2-3770-3000 |
|
Fax |
+82-2-3770-3305 |
|
Other Address |
Hans Tower, 46-5, Guro-dong, Guro-Gu,
Seoul, Korea (P.O.BOX 1107) |
|
Tel |
+82-2-791-1114 |
|
Fax |
+82-2-791-1200 |
|
Other Address-Nam-Gwangju Factory |
251-1, Songha-dong, Nam-gu, Gwangju, Korea |
|
Tel |
+82-62-674-1811~6 |
|
Fax |
+82-62-671-0633 |
|
Other Address-Gimhae Factory |
315, Sincheon-ri, Hallim-myeon, Gimhae-si, Gyeongsangnam-do, Korea |
|
Tel |
+82-55-346-6163 |
|
Fax |
+82-55-346-6166 |
|
Other Address-Haman Factory |
351-60, Yunoe-ri, Beopsu-myeon, Haman-gun,
Gyeongsangnam-do, Korea |
|
Tel |
+82-55-584-3201 |
|
Fax |
|
|
Other Address-Gwangju Factory |
389, Munhyeong-ri, Opo-eup, Gwangju-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-766-4937 |
|
Fax |
+82-31-766-4941 |
|
Other Address-Gangneung Factory |
494, Songhyeon-ri, Sonyang-myeon,
Yangyang-gun, Gangwon-do, Korea |
|
Tel |
+82-33-672-0011~3 |
|
Fax |
+82-33-672-0018 |
|
Other Address-Muan Factory |
546, Cheonggye-ri, Cheonggye-myeon,
Muan-gun, Jeollanam-do, Korea |
|
Tel |
+82-61-452-0461~4 |
|
Fax |
+82-41-454-0421 |
|
Other Address |
57-2, Seokhwa-ri, Yangseong-myeon, Anseong-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-671-6671 |
|
Fax |
+82-31-671-6675 |
|
Other Address-Daegu Factory/Span |
838-4, Geomdan-dong, Buk-gu, Daegu, Korea |
|
Tel |
+82-53-384-3215 |
|
Fax |
+82-53-384-3216 |
|
Other Address- Daegu EXEX Factory |
2037-27, Bisan-dong, Seo-gu, Daegu, Korea |
|
Tel |
+82-53-341-8510 |
|
Fax |
+82-53-341-8511 |
|
Other Address-Anseong Logistics Center |
453-5, Yongdu-ri, Gongdo-eup, Anseong-si,
Gyeonggi--do, Korea |
|
Tel |
+82-31-691-9414 |
|
Fax |
+82-31-618-9381 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Ready-Mix Concrete |
|
Main Business |
Ready-Mixed Concrete, Concrete Pile, Acrylic Fiber, Acrylic Yarn, Spun
Bond, Lyocell Fiber, Garments, Construction |
|
Sub
Business |
Apartment Building Construction |
|
Established (mm/dd/yyyy) |
08/25/1955 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Sweaters(53101700) |
|
Sell |
Synthetic fabrics(11161800) |
|
Sell |
Wool yarn(11151701) |
|
Sell |
Mens tshirts(53103001) |
|
Sell |
Spunbonded nonwovens(11162201) |
|
Sell |
Womens slacks or trousers or shorts(53101504) |
|
Sell |
Synthetic fabrics(11161800) |
|
Sell |
Acrylic yarn(11151704) |
|
Sell |
Packaging paper(14121504) |
|
Sell |
Knit synthetic fabrics(11161804) |
|
Sell |
Acrylic fibers(11151504) |
|
Sell |
Apartment construction(72131501) |
|
Sell |
Commercial or industrial construction(72131600) |
|
Sell |
Renovation of buildings or landmarks or monuments(72102801) |
|
Sell |
Highway or road paving or surfacing(72131701) |
|
Sell |
Investment advice(84121700) |
|
Sell |
Iron bars(30101603) |
|
Sell |
Concrete and mortars(30111500) |
|
Sell |
Mortars(30111504) |
|
Sell |
Cement(30111601) |
|
Buy |
Buttons(53141505) |
|
Buy |
Threads(11151600) |
|
Buy |
Synthetic fabrics(11161800) |
|
Buy |
Packaging pouches or bags(24121502) |
|
Buy |
String or twine(31151507) |
|
Buy |
Zippers(53141503) |
|
Buy |
Wool fabrics(11161600) |
|
Buy |
Snaps(53141506) |
|
Buy |
Miscellaneous sewing supplies(53141600) |
|
Buy |
Printer labels(55121612) |
CEOs
|
Name |
Lee Young-Woon |
|
Address |
|
|
Date of Birth |
01/08/1954 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
428,950,480,000 |
||||||||||||||||||||||||
|
Employees |
1,230 |
||||||||||||||||||||||||
|
Formation |
Listed Company(Korea stock Exchange : 001520) as of 06/25/1976 A Company of Tong Yang Group |
||||||||||||||||||||||||
|
Bank Details |
Woori Bank-Yoido Central Branch |
||||||||||||||||||||||||
|
Corporate Registered No. |
110111-0005333 |
||||||||||||||||||||||||
|
Business Registered No. |
116-81-34352 |
||||||||||||||||||||||||
|
Permit & Licenses |
06/27/1995 ISO 9001 12/1995 ISO 9002 04/15/1996 KS Mark Intl Trade No.: 710084 |
||||||||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||||||||
|
Company History |
08/25/1955 Established 05/01/1968 Incorporated as TONGYANG CEMENT
INDUSTRY CO., LTD. 07/01/1985 Changed company name to TONGYANG
CEMENT CO., LTD. 07/14/1999 Acquired TONG YANG GLOBAL CO.,
LTD. 06/09/2000 Changed company name to TONG YANG MAJOR CORPORATION 02/29/2008 Acquired TONG YANG MAJOR
INDUSTRY CO., LTD. 05/12/2008
Acquired HANIL SYNTHETIC FIBER CO., LTD.(190111-0000220) 07/27/2011
Changed company name to the present name from TONG YANG MAJOR
CORPORATION 09/01/2011 Acquired TONG YANG MAGIC CO., LTD.(110111-0893374) |
||||||||||||||||||||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Chairman |
Mr. |
Hyun Jae-Hyun |
Korean |
1949.02.12 |
Seoul National University, Korea |
|
Vice Chairman |
M/S. |
Lee Hye-Kyung |
Korean |
1952.03.19 |
Ehwa Women's University, Korea |
|
Vice Chairman |
Mr. |
Yeom Yong-Woon |
Korean |
1954.09.19 |
Seoul National University, Korea |
|
President & CEO |
Mr. |
Lee Young-Woon |
Korean |
1954.01.08 |
Kyunghee University, Korea |
|
Vice President & CEO |
Mr. |
Park Cheol-Won |
Korean |
1954.09.21 |
Yonsei University, Korea |
|
Executive Director & CEO |
Mr. |
Lee Sang-Cheol |
Korean |
1963.01.21 |
Korea University, Korea |
|
Vice President |
Mr. |
Kim Young-Hoon |
Korean |
1960.10.17 |
Seoul National University, Korea |
|
Executive Director |
Mr. |
Kang Seok-Hwa |
Korean |
1958.09.10 |
Yonsei University, Korea |
|
Executive Director & CFO |
Mr. |
Wang Sung-Ho |
Korean |
1964.08.02 |
Hongik University, Korea |
|
Director |
Mr. |
Han Boo-Hwan |
Korean |
1948.09.20 |
Seoul National University, Korea |
|
Director |
Mr. |
Lee Won-Chang |
Korean |
1951.11.11 |
Korea University, Korea |
|
Director |
Mr. |
Han Tae-Kyu |
Korean |
1949.03.20 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Song Tae-Ho |
Korean |
1954.09.23 |
Seoul National University, Korea |
|
Director |
Mr. |
Hwang Kook-In |
Korean |
1957.09.09 |
Youngnam University, Korea |
|
Executive Director |
Mr. |
Hyun Jung-Dam |
Korean |
1977.05.05 |
Stanford Graduate School of Business, USA |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
590,570,713,931 |
532,532,657,717 |
2,844,188,188 |
|
|
2010 |
679,732,303,645 |
1,537,284,002,892 |
-152,666,072,680 |
|
2009 |
681,971,405,568 |
1,460,360,553,273 |
-68,631,582,582 |
|
2008 |
571,763,311,019 |
1,374,930,486,613 |
-370,025,676,028 |
|
2007 |
380,533,995,317 |
1,067,043,619,475 |
-23,386,264,271 |
|
2006 |
327,390,300,901 |
838,362,967,013 |
17,892,656,481 |
|
2005 |
305,221,243,712 |
1,004,705,712,773 |
-44,284,811,778 |
(*)09/2011 s figures are based on the K-IFRS Accounting System.
Financial Description
|
Authorized Capital(KRW) |
500,000,000,000 |
|
Paid-Up Capital(KRW) |
110,923,767,500 |
|
Total Issued Shares |
221,847,535 (Common : 211,463,567/ Preferable : 10,383,968) |
Balance
Sheet
|
Unit :
Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Current Assets |
532,532,657,717 |
560,200,254,272 |
|
|
Inventories |
80,518,928,648 |
67,261,777,934 |
|
|
Trade
Receivables & Other Receivables |
348,178,560,866 |
202,710,717,124 |
|
|
Current
Marketable Financial Instruments |
109,500,000 |
164,227,060,000 |
|
|
Current
Financial Instruments |
|
5,000,000,000 |
|
|
Short-Term
Receivables |
46,302,616,389 |
23,159,627,002 |
|
|
Current
Financial Instruments |
10,328,598,654 |
11,478,190,367 |
|
|
Other
Current Assets |
20,843,038,939 |
21,106,834,930 |
|
|
Deferred
Income Tax Assets |
2,098,415,583 |
1,579,110,686 |
|
|
Cash
& Cash Equivalents |
24,152,998,638 |
63,676,936,229 |
|
|
Non-Current Assets |
1,235,319,168,383 |
997,511,899,752 |
|
|
Tangibles |
585,262,809,264 |
459,292,731,187 |
|
|
Investment_Real
Estates |
147,978,014,172 |
123,196,461,379 |
|
|
Operating Rights |
90,522,575,028 |
90,718,832,922 |
|
|
Intangibles |
36,889,506,916 |
30,127,154,881 |
|
|
Investment_Related
Companies |
325,398,335,717 |
247,799,707,549 |
|
|
Non-Current
Marketable Financial Instruments |
19,832,392,671 |
21,936,859,749 |
|
|
Long-Term
Trade Receivables & Other Receivables |
9,511,001,280 |
6,653,421,983 |
|
|
Long-Term
Receivables |
7,817,169,600 |
4,124,058,694 |
|
|
Non-Current
Financial Instruments |
27,000,000 |
511,000,000 |
|
|
Other
Non-Current Assets |
12,080,363,735 |
13,151,671,408 |
|
|
Total Liabilities |
1,488,302,475,832 |
1,644,748,677,410 |
|
|
Current Liabilities |
1,219,299,422,533 |
1,377,565,313,382 |
|
|
Current Portion of Provisions |
201,653,987 |
|
|
|
Trade
Payables & Other Payables |
226,637,849,291 |
173,510,036,055 |
|
|
Short-Term
Borrowings |
361,217,191,727 |
200,365,768,776 |
|
|
Current
Debentures |
536,282,481,913 |
705,819,016,516 |
|
|
Current
Portion of Long-Term Debts |
64,534,796,489 |
48,651,773,242 |
|
|
Current Portion of Derivatives |
815,924,949 |
222,097,427,535 |
|
|
Other
Current Financial Debts |
4,839,650,385 |
3,927,343,619 |
|
|
Other
Current Liabilities |
24,271,891,226 |
23,193,947,639 |
|
|
Deferred
Income Tax Credit |
497,982,566 |
|
|
|
Non-Current Liabilities |
269,003,053,299 |
267,183,364,028 |
|
|
Provisions |
9,046,660,928 |
10,123,080,430 |
|
|
Long-Term
Trade Payables & Other Payables |
14,289,796,070 |
10,298,675,775 |
|
|
Long-Term
Borrowings |
184,269,700,000 |
206,252,920,000 |
|
|
Provision
for Severance & Retirement |
43,999,804,092 |
28,442,798,094 |
|
|
Non-Current Portion of Derivatives |
90,617,796 |
|
|
|
Contract Liabilities from Finance
Guarantee |
1,993,450,913 |
2,181,342,015 |
|
|
Deferred
Income Tax Credit |
15,313,023,500 |
9,884,547,714 |
|
|
Capital Stock |
110,923,767,500 |
428,950,480,000 |
|
|
Capital
Surplus |
264,730,230,954 |
|
|
|
Profit from Decreasing Capital |
386,039,990,343 |
|
|
|
Treasury Stock |
-49,580,227,019 |
-6,603,231,267 |
|
|
Profit
Surplus |
-519,763,806,831 |
-522,610,818,270 |
|
|
Others |
87,199,395,321 |
13,227,046,151 |
|
|
Total
Equity |
279,549,350,268 |
-87,036,523,386 |
|
|
Liab.
& Shareholders Equity |
1,767,851,826,100 |
1,557,712,154,024 |
|
Balance
Sheet
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
1,537,284,002,892 |
1,460,360,553,273 |
1,374,930,486,613 |
|
Current Assets |
553,272,224,848 |
381,467,642,186 |
370,470,246,252 |
|
-Quick Assets |
485,706,946,594 |
339,268,174,617 |
342,393,288,342 |
|
-Inventories |
67,565,278,254 |
42,199,467,569 |
28,076,957,910 |
|
Fixed Assets |
984,011,778,044 |
1,078,892,911,087 |
1,004,460,240,361 |
|
-Investment |
356,487,023,583 |
577,183,936,338 |
552,664,884,273 |
|
-Tangibles |
495,688,612,867 |
349,291,346,549 |
293,291,653,794 |
|
-Intangibles |
94,904,788,863 |
125,662,272,714 |
143,508,393,436 |
|
-Others |
36,931,352,731 |
26,755,355,486 |
14,995,308,858 |
|
Total Liabilities |
1,629,076,760,103 |
1,396,572,784,382 |
1,299,186,403,074 |
|
Current Liabilities |
1,370,333,282,192 |
1,126,375,814,188 |
890,928,798,591 |
|
Fixed Liabilities |
258,743,477,911 |
270,196,970,194 |
408,257,604,483 |
|
Capital Stock |
428,950,480,000 |
428,950,480,000 |
428,950,480,000 |
|
Capital Surplus |
204,619,666 |
-2,564,366,238 |
125,762,854,424 |
|
Profit Surplus |
-565,839,161,322 |
-413,209,611,435 |
-472,825,318,163 |
|
Capital Adjustment |
44,891,304,445 |
50,611,266,564 |
-6,143,932,722 |
|
Total Equity |
-91,792,757,211 |
63,787,768,891 |
75,744,083,539 |
|
Liab. & Shareholders Equity |
1,537,284,002,892 |
1,460,360,553,273 |
1,374,930,486,613 |
Income
Statement
|
Unit : Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Sales |
590,570,713,931 |
|
|
|
Cost of Sold Goods |
478,017,276,190 |
|
|
|
Gross Profit |
112,553,437,741 |
|
|
|
Selling & Admin. Expenses |
72,641,320,102 |
|
|
|
Other Operating Income |
12,883,599,357 |
|
|
|
Other Operating Expenses |
10,502,538,342 |
|
|
|
Operating Income |
42,293,178,654 |
|
|
|
Finance Income |
6,014,121,787 |
|
|
|
Finance Expenses |
-67,630,556,209 |
|
|
|
Non-Operating Income |
23,002,396,570 |
|
|
|
Income Before Taxes |
3,679,140,802 |
|
|
|
Income Taxes Expenses |
834,952,614 |
|
|
|
Net Income |
2,844,188,188 |
|
|
Income
Statement
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
679,732,303,645 |
681,971,405,568 |
571,763,311,019 |
|
Cost of Sold Goods |
588,761,334,933 |
605,866,636,003 |
511,973,290,354 |
|
Gross Profit |
90,970,968,712 |
76,104,769,565 |
59,790,020,665 |
|
Selling & Admin. Expenses |
91,972,038,936 |
84,933,526,580 |
75,255,787,721 |
|
Operating Income |
-1,001,070,224 |
-8,828,757,015 |
-15,465,767,056 |
|
Non-Operating Income |
48,292,700,048 |
91,213,915,793 |
62,708,991,490 |
|
Non-Operating Expenses |
185,068,718,832 |
152,604,075,211 |
390,957,912,903 |
|
Income Before Taxes |
-137,777,089,008 |
-70,218,916,433 |
-343,714,688,469 |
|
Income Taxes Expenses |
14,888,983,672 |
-1,587,333,851 |
26,310,987,559 |
|
Net Income |
-152,666,072,680 |
-68,631,582,582 |
-370,025,676,028 |
Cash
Flows
|
Unit :
Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Operating Activities Cash Flows |
-78,063,707,457 |
|
|
|
Net
Income |
3,679,140,802 |
|
|
|
Adjustment |
63,632,055,212 |
|
|
|
Changes
in Asset/ & Liability |
-80,404,106,600 |
|
|
|
Interests
Received |
2,068,417,533 |
|
|
|
Interests
Paid |
-68,273,226,054 |
|
|
|
Dividends
Received |
1,234,011,650 |
|
|
|
Income
Taxes |
|
|
|
|
Cash
Flows from Investing |
-128,660,033,971 |
|
|
|
Cash
Flows from Financing |
167,199,803,837 |
|
|
|
Increase/Decrease
in Cash |
-39,523,937,591 |
|
|
|
Cash
at the Beginning of Year |
63,676,936,229 |
|
|
|
Cash
at the End of Year |
24,152,998,638 |
|
|
Cash
Flows
|
Unit : Korean
Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows
from Operating |
-110,154,511,026 |
-96,557,071,597 |
-136,322,585,978 |
|
-Net Income |
-152,666,072,680 |
-68,631,582,582 |
-370,025,676,028 |
|
-Exp.
without Cash Outflow |
124,996,380,793 |
76,827,582,509 |
324,325,213,838 |
|
-Revenue
without Cash Inflows |
-27,950,393,218 |
-72,464,916,142 |
-27,676,763,308 |
|
-Changes in
Asset/ & Liability |
-54,534,425,921 |
-32,288,155,382 |
-62,945,360,480 |
|
Cash Flows
from Investing |
-118,397,024,712 |
38,751,290,979 |
96,013,087,894 |
|
-Cash Inflow
from Investing |
141,142,700,836 |
441,204,628,966 |
834,318,127,494 |
|
-Cash
Outflows for Investing |
-259,539,725,548 |
-402,453,337,987 |
-738,305,039,600 |
|
Cash Flows
from Financing |
191,915,759,994 |
134,062,005,853 |
33,161,049,895 |
|
-Cash
Inflows from Financing |
2,057,531,485,865 |
1,051,050,971,632 |
1,741,004,157,082 |
|
-Cash
Outflows from Financing |
-1,865,615,725,871 |
-916,988,965,779 |
-1,707,843,107,187 |
|
Increase/Decrease
in Cash |
-36,635,775,744 |
76,256,225,235 |
-5,980,707,532 |
|
Cash at the
Beginning of Year |
105,312,711,973 |
29,056,486,738 |
35,037,194,270 |
|
Cash at the
End of Year |
68,676,936,229 |
105,312,711,973 |
29,056,486,738 |
Products, Technologies, Services Description
|
Main Products & Services |
REMICON(Ready Mixed Concrete) Business Construction Business Textile Business Brand Name : TOP★CON, N-PART,
MAGIC |
Trade Partners & Competitors
|
Suppliers |
TONG YANG CEMENT CORP.(110111-2462630) |
|
Customers |
|
|
Competitors |
SSANG YONG REMICON CO., LTD. 10TH FL., SSANGYONG BLDG., 24-1, JEODONG
2-GA, JUNG-GU, SEOUL, KOREA TEL:+82-2-2270-5862 FAX:+82-2-2270-5445 HANIL INDUSTRIAL CO., LTD. 2ND FL., UDEOK BLDG., 832-2, YEOKSAM
1-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-3466-9600 FAX:+82-2-3466-9601~2 SUNIL INDUSTRIAL CO., LTD. 542-5, DOGOK 1-DONG, GANGNAM-GU, SEOUL,
KOREA TEL:+82-2-3462-0900 FAX:+82-2-3462-4374 |
Related Parties
(Subsidiaries,
Joint-Venture & Affiliates)
|
Affiliates-Domestic |
TONG YANG
SECURITIES INC.(110111-0042492) TONGYANG CEMENT CONSTRUCTION
CORP.(144611-0012544) TONG YANG CEMENT CORP.(110111-2462630) FIN TUBE TECHNOLOGY CO., LTD.(161511-0037981) TONGYANG REMICON CO., LTD.(110111-0262652) HAN SEUNG REMICON CO., LTD.(124411-0017518) HANIL SYNTHETIC FIBER CO.,
LTD.(110111-3899501) DAMUL JEIHO CORPORATION (144611-0010001) TONG YANG A&D CO., LTD.(110111-3476135) TONG YANG SYSTEMS CORPORATION
(110111-0766703) KT FDS CORPORATION(110111-0696455) TONGYANG ONLINE CO., LTD.(110111-1919608) MICLUB.COM KOREA, LTD.(110111-1846942) NOUVEAU CHEF CO., LTD.(134611-0038609) TONG YANG LEISURE CO., LTD.(160111-0018964) TONG YANG RESORT.CO., LTD.(141311-0010513) TONG YANG LIFE INSURANCE CO.,
LTD.(110111-0624688) TONG YANG VENTURE CAPITA
CORP.(160111-0017641) TONG YANG CAPITAL CO., LTD.(110111-1142382) TONG YANG FINANCIAL SERVICES
CORP.(110111-2644733) TONGYANG INVESTMENT TRUST MANAGEMENT CO.,
LTD.(110111-2033150) |
|
Affiliates-Overseas |
BUKOOK REMICON TONGYANG ASIA SUNDONG REMICON DONGGUN REMICON HWASEO HANIL TEXTILE CO., LTD.(CHINA) HANIL LARRY TEXTILE CO., LTD.(CHINA) PT. HANILINDONESIA HANIL HUNDRAS H.T.C HANIL HONG KONG PT. BUSANA INDAH GLOBAL TONG YANG AMERICA TONG YANG HONG KONG PT MITRA BINTARA PERKASA ORION SQUIRE CAPITAL INC. TONG YANG SAVINGS BANK INC. TONG YANG SECURITIES HONG KONG LTD. TOYO ONLINE JAPAN CO., LTD. TYGEM H.K. CO., LTD. TONG YANG-HPT HIGH TECH TONG YANG SECURITIES (CAMBODIA) PLC. |
|
Overseas Office |
TONG YANG AMERICA, INC. 150 EAST 52ND STREET, 25TH FLOOR, NEW YORK,
NY 10022, U.S.A TEL:+1-212-415-1008 FAX:+1-212-415-1010 PT. MITRA BINTARA PERKASA GEDUNG GRAHA PRATAMA LANTAI 11 JI. MT.
HARYONO KAV. 15 JAKARTA 12810, INDONESIA TEL:+62-21-8379-3640~1 FAX:+62-21-8379-3646 BEIJING SHUNTONG READY-MIXED CONCRETE YAOPOCUNXI, RENHEZHEN, SHUNYIQU, BEIJING,
CHINA TEL:+86-10-8940-7962 FAX:+86-10-8940-7982 BEIJING TONGJIAN READY-MIXED CONCRETE 8 HAO JIN ZHAN XIANG PI CUN GONG YE QU CHAO
YANG QU BEIJING, CHINA TEL:+86-10-6548-7577 FAX:+86-10-6548-7595 TONG YANG MAJOR BEIJING OFFICE YAOPOCUNXI, RENHEZHEN, SHUNYIQU, BEIJING,
CHINA TEL:+86-10-8940-7962 FAX:+86-10-8940-7982 |
|
Cooperative Enterprise |
-Insured company HYUNDAI MARINE & FIREINSURANCE CO., LTD.(110111-0035893) MERITZ FIRE & MARINE INSURANCE CO., LTD.(110111-0013328) |
Sales by Region
(Activity &
Markets)
|
Sales/ Unit :Mil KRW |
09/2011 |
2010 |
2009 |
|
Export |
105,059 |
127,121 |
118,038 |
|
Domestic |
480,646 |
552,610 |
563,933 |
|
Others |
4,865 |
|
|
|
Total |
590,570 |
679,731 |
681,971 |
Court Action
There are 19 cases Defendant(s)/
Debtor(s)/ Respondent(s) amounting 262,370,000 KRW.
News Clipping
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.81 |
|
|
1 |
Rs.82.00 |
|
Euro |
1 |
Rs.68.81 |
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 SCs 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.