MIRA INFORM
REPORT
|
Report Date : |
23.02.2011 |
IDENTIFICATION DETAILS
|
Name : |
HANWHA CORPORATION |
|
|
|
|
Registered Office : |
1, Janggyo-dong, Jung-gu, |
|
|
|
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Country : |
|
|
|
|
|
Financials (as on) : |
30.09.2010 |
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|
|
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Date of Incorporation : |
28.10.1952 |
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|
|
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Com. Reg. No.: |
202-81-16825 |
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Legal Form : |
Limited Company |
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|
|
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Line of Business : |
Manufacture of Explosives and Pyrotechnic Products. |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
Payment
Behaviour : |
No complaints |
|
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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Basic
|
Company Name |
HANWHA
CORPORATION (Trade
Name : HWC) (Korean
Company Name : “(주)한화”) |
|
Registered
Address |
1,
Janggyo-dong, Jung-gu, |
|
Building |
24th Fl., Hanwha Bldg. |
|
Zip Code |
100-797 |
|
Tel |
+82-2-729-1114 |
|
Fax |
+82-2-729-1762 |
|
E-mail |
hanwhacorp@hanwha.co.kr;calmmoon@hanwha.co.kr;swhong26@hanwha.co.kr
|
|
Website |
|
|
Trading Address |
24th
Fl., Hanwha Bldg., 1, Janggyo-dong, Jung-gu, |
|
Tel |
+82-2-729-1114 |
|
Fax |
+82-2-729-1762 |
|
Other Address-Asan Factory |
15-2 Block, Asan Technovalley, San 21-9, Seokgok-ri, Dunpo-myeon, Asan-si, |
|
Tel |
+82-41-538-7552 |
|
Other Address-Changwon Factory |
39,
Ungnam-dong, Changwon-si, Gyeongnam-do 641-290 |
|
Tel |
+82-55-278-2880 |
|
Other Address-Gumi Factory |
258, Gongdan-dong,
Gumi-si, Gyeongbuk-do 730-030 |
|
Tel |
+82-54-467-8500 |
|
Other Address-Daejeon Factory |
52-1,
Waesam-dong, Yuseong-gu, Daejeon 305-156 Korea |
|
Tel |
+82-42-829-2255 |
|
Other Address-Incheon Factory |
50, Gojan-dong,
Namdong-gu, Incheon 405-310 Korea |
|
Tel |
+82-32-460-1114 |
|
Fax |
+82-32-446-1889 |
|
Other Address-Yeosu Factor |
805,
Sinwol-dong, Yeosu-si, Jeonnam-do 550-190 |
|
Tel |
+82-61-640-1114 |
|
Other Address-Cheonan Factory |
402-1, Sinwol-ri,
Seongkeo-eup, Cheonan-si, Chungnam-do 330-834 |
|
Tel |
+82-41-580-3800 |
|
Fax |
|
|
Other Address-Boeun Factory |
111,
Eomdun-ri, Naebuk-myeon, Boeun-gun, Chungbuk-do 376-812 |
|
Tel |
+82-43-540-0114 |
|
Other Address-Onsan Factory |
753, Wonsan-ri, Onsan-eup, Ulju-gun, Ulsan
689-892 Korea |
|
Tel |
+82-52-237-6512 |
|
Other
Address-Yeongnam Business Dept. |
127-8,
Gamjeon-dong, Sasang-gu, Busan 617-250 Korea |
|
Tel |
+82-51-312-9955 |
|
Other
Address-Donghae Branch |
San 24,
Mangsang-dong, Donghae-si, Gangwon-do 240-080 |
|
Tel |
+82-33-532-2747 |
|
Other
Address-Taeback Branch |
253-119,
Hwangji-dong, Taeback-si, Gangwon-do 235-010 |
|
Tel |
+82-33-552-2410 |
|
Fax |
+82-33-552-3664 |
|
Other
Address-Gwangju Branch |
1352,
Songjeon 2-dong, Gwangsan-gu, Gwangju 506-807 |
|
Tel |
+82-62-942-8011 |
|
Other
Address- Busan Branch |
47,
Daechang-dong 1-ga, Jung-gu, Busan 600-101 Korea |
|
Tel |
+82-51-469-6066 |
|
Other
Address-Cheonan Branch |
89, Namgwan-ri,
Pungse-myeon, Cheonan-si, Chungnam-do 330-911 |
|
Tel |
+82-41-578-7224 |
|
Other
Address-Jecheon Branch |
169-1,
Sigok-ri, Songhak-myeon, Jechon-si, Chungbuk-do 390-813 |
|
Tel |
+82-43-647-3644 |
|
Other
Address-Guro Business Office |
52-357, Gocheok-dong, Guro-gu, Seoul 152-080
Korea |
|
Tel |
+82-2-2689-1404 |
|
Other
Address-Goyang Branch |
San
118, Yongdu-dong, Deokyang-gu, Goyang-si, Gyeonggi-do 412-110 |
|
Tel |
+82-2-353-1770 |
|
Other
Address-Jeomchon Branch |
524-1,
Gongpyeong-dong, Mungyeong-si, Gyeongbuk-do 745-150 |
|
Tel |
+82-54-552-2318 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Explosives and Pyrotechnic
Products |
|
Main Business |
Industrial Explosive, Network Equipment,
CDMA |
|
Established (mm/dd/yyyy) |
10/28/1952 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Explosive initiators(12131704) |
|
Sell |
Polyvinyl Chloride PVC(13102030) |
|
Sell |
Dynamite(12131501) |
|
Sell |
Fireworks(12131601) |
|
Sell |
Igniters(12131700) |
|
Sell |
Gold(11101801) |
|
Sell |
Bombs and grenades(46111500) |
|
Sell |
Stainless steel plate(30102205) |
|
Sell |
Bearings(31171500) |
|
Sell |
Newsprint and offset papers(14121900) |
|
Sell |
Coated papers(14121800) |
|
Sell |
Art or craft paper(14111606) |
|
Sell |
Pyrotechnics(12131600) |
|
Sell |
Blasting caps(12131701) |
|
Sell |
Metal and mineral industries(73120000) |
|
Sell |
Organic derivatives and substituted
compounds(12352100) |
|
Sell |
Ammonia(12142103) |
|
Sell |
International trade services(80151600) |
|
Sell |
Printing and writing paper(14111500) |
|
Sell |
Inorganic compounds(12352300) |
|
Sell |
Meat and poultry(50111500) |
|
Sell |
Airbags(25172101) |
|
Sell |
Demolition services(72103003) |
|
Sell |
Civil engineering(81101500) |
|
Sell |
Lip balm(53131630) |
CEO’s
|
Name |
Kim Seung-Yon |
|
Date of Birth |
02/07/1952 |
|
Title |
Chairman & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
377,190,145,000 |
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|
Employees |
3,418 |
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|
Formation |
Listed Company ( A Company of HANWHA GROUP |
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Bank Details |
Woori Bank- Euljiro 1-Ga Branch Korea Development Bank Korea Exchange Bank Kookmin Bank Shinhan Bank |
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Corporate Registered No. |
110111-0002959 |
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Business Registered No. |
202-81-16825 |
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Permit & Licenses |
09/1995 ISO 9002 Int’l Trade No.: 672438 |
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Shareholder Position |
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Company History |
12/02/2008 Awarded US$2 Billion Export Top
Prize 04/01/2008 Acquired CENTEC.CO.,
LTD(180111-0157403) 01/23/2008 Acquired Sentec Co., Ltd. 07/2007 Participated in 05/2005 Signed business agreement to
develop the land for the Incheon factory 11/2003 Sold Information &
Communications Division’s Switchboard Unit 06/2003 Sold Information &
Communications Division’s Mobile Communications Unit 04/2003 Formally announced ethical
management initiative 07/2002 Spun-off Construction Division
(Hanwha Engineering & Construction Co.) and Machi 03/2002 Sold Information &
Communications Division’s Transmission Operations Unit and u 12/2001 Acquired Defense Product Unit from
Daewoo Electronics (currently the Gumi factor 03/2001 Spun-off Information Division
(Hanwha S&C) 09/2000 Machinery Division acquired
aircraft components factory (CheonanFactory) 12/1999 Spun-off Pharmaceutical Division
(H-Pharm Co.) 12/1999 Spun-off Power Generation Division
(Hanwha Energy Co.) 09/1999 Acquired Power Generation Unit from
Korea Energy (formerly Hanwha Energy) 12/1998 Incorporated with Hanwha Machine
Co. (Machinery Division) 11/1998 Awarded the Silver Tower Industrial
Medal and the $1 Billion Export Tower award 01/1996 Incorporated with Hanwha Electronic
Information & Communication Co. (Information 02/1996 Incorporated with Duksan
Construction Co. (Construction Division) 12/1995 Assumed operations of Central
Pharmacy 09/1995 Received ISO 9002 certification 01/1995 Incorporated with Golden 03/1993 Officially became Hanwha
Corporation 05/1992 Completed construction of Nitrate
Manufacturing Plant in Incheon 01/1991 Completed construction of Boeun
factory 11/1990 Received 01/1989 Sold Kimpo Ceramics’ Factory 01/1988 Incorporated with Sanda Co.
(currently the Explosives Division’s Changwon facto 07/1987 Acquired Daejeon factory 04/1984 Acquired Kimpo Ceramics’ factory 11/1982 Awarded the Gold Tower Industrial
Medal and the $100 Million Export Tower award 12/1979 Established Central Research Institute 08/1978 Completed construction of Yeosu
Factory 06/1976 Company’s IPO (Capital stock: KRW
3.274 million) 05/1974 Officially designated as a Defense
Contractor 01/1955 Acquired Chosun Oil & Fat
Company’s Incheon factory 01/1952 Incorporated as Korea Explosive
Co., Ltd. |
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Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Chairman & CEO |
Mr. |
Kim Seung-Yon |
Korean |
1952.02.07 |
De Paul University, |
|
Co-President &
CEO/Explosive Div. |
Mr. |
|
Korean |
1953.04.02 |
|
|
Co-President &
CEO/Trade Div. |
Mr. |
Yang Tae-Jin |
Korean |
1949.05.14 |
|
|
Executive Director & CFO |
Mr. |
Han Kwon-Tae |
Korean |
1955.03.22 |
|
|
Outside Director |
Mr. |
Choi Dong-Jin |
Korean |
1946.05.13 |
|
|
Outside Director |
Mr. |
Jung Jin-Ho |
Korean |
1954.10.30 |
|
|
Outside Director |
Mr. |
Oh Jae-Deok |
Korean |
1933.03.30 |
|
|
Outside Director |
Mr. |
Kim Soo-Ki |
Korean |
1943.02.04 |
|
|
Outside Director |
Mr. |
Cho Sung-Wook |
Korean |
1964.01.15 |
- |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
3,707,086,000,000 |
6,257,717,000,000 |
417,109,000,000 |
|
|
2009 |
4,675,860,457,962 |
5,649,188,742,823 |
561,470,674,214 |
|
2008 |
4,942,288,330,531 |
5,207,421,767,749 |
293,413,143,362 |
|
2007 |
3,466,903,819,977 |
4,195,706,697,459 |
215,850,116,823 |
|
2006 |
2,293,081,639,543 |
4,205,878,343,488 |
272,854,639,481 |
|
2005 |
2,150,672,516,399 |
3,448,001,532,340 |
114,157,122,401 |
|
2004 |
2,378,598,196,724 |
3,384,245,709,314 |
241,737,091,895 |
|
2003 |
2,200,754,855,949 |
2,513,734,991,708 |
70,206,212,572 |
Financial Description
|
Authorized Capital(KRW) |
1,000,000,000,000 |
|
Paid-Up Capital(KRW) |
377,190,145,000 |
|
Total Issues Shares |
75,438,029 |
Balance
Sheet
|
Unit : Korean Won |
01/01/2010~09/30/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
6,257,717,000,000 |
5,649,188,742,823 |
5,207,421,767,749 |
|
Current Assets |
1,482,611,000,000 |
1,504,671,907,597 |
1,515,752,515,367 |
|
-Quick Assets |
880,462,000,000 |
916,979,124,044 |
877,236,392,066 |
|
-Inventories |
602,149,000,000 |
587,692,783,553 |
638,516,123,301 |
|
Fixed Assets |
4,775,106,000,000 |
4,144,516,835,226 |
3,691,669,252,382 |
|
-Investment |
4,125,171,000,000 |
3,560,929,595,507 |
3,054,444,805,067 |
|
-Tangibles |
479,678,000,000 |
462,438,272,929 |
494,492,021,871 |
|
-Intangibles |
66,851,000,000 |
59,773,537,021 |
61,021,264,466 |
|
-Others |
103,406,000,000 |
61,375,429,769 |
81,711,160,978 |
|
Total Liabilities |
3,308,977,000,000 |
3,330,842,518,259 |
3,468,278,455,321 |
|
Current Liabilities |
2,325,500,000,000 |
2,285,263,286,363 |
2,457,475,004,127 |
|
Fixed Liabilities |
983,477,000,000 |
1,045,579,231,896 |
1,010,803,451,194 |
|
Capital Stock |
377,190,000,000 |
377,190,145,000 |
377,190,145,000 |
|
Capital Surplus |
515,818,000,000 |
353,409,004,815 |
389,508,432,474 |
|
Profit Surplus |
1,943,826,000,000 |
1,567,120,943,493 |
1,040,197,519,361 |
|
Capital Adjustment |
111,906,000,000 |
20,626,131,256 |
(-)67,752,784,407 |
|
Total Equity |
2,948,740,000,000 |
2,318,346,224,564 |
1,739,143,312,428 |
|
Liab. & Shareholder’s Equity |
6,257,717,000,000 |
5,649,188,742,823 |
5,207,421,767,749 |
|
Current
Liabilities |
2,325,500,000,000 |
2,285,263,286,363 |
2,457,475,004,127 |
|
Short-Term Borrowings |
920,255,000,000 |
756,736,935,491 |
1,341,894,409,491 |
|
Trade Payables |
452,057,000,000 |
547,858,514,579 |
369,828,192,154 |
|
Account Payables |
37,415,000,000 |
55,750,925,781 |
101,323,739,396 |
|
Advance Receipts |
242,005,000,000 |
313,471,569,653 |
174,513,672,473 |
|
Withholdings |
12,429,000,000 |
14,469,890,923 |
12,936,988,288 |
|
VAT Withhold |
26,526,000,000 |
- |
- |
|
Accrued Expenses |
23,873,000,000 |
43,015,384,055 |
18,326,613,747 |
|
Accrued Income Tax Credit |
572,360,000,000 |
26,197,425,231 |
44,528,601,315 |
|
Current Portion of Debentures |
27,182,000,000 |
494,408,000,000 |
361,000,000,000 |
|
Current Portion of Long-Term Debts |
3,571,000,000 |
19,581,567,000 |
21,351,838,000 |
|
Guarantee Deposit Withhold |
1,064,000,000 |
4,079,805,548 |
20,000,000 |
|
Provisions
for Current Liabilities |
7,405,000,000 |
1,163,200,000 |
- |
|
Derivatives |
983,477,000,000 |
8,650,945,974 |
11,974,080,337 |
|
Fixed
Liabilities |
520,000,000,000 |
1,045,579,231,896 |
1,010,803,451,194 |
|
Debentures |
9,119,000,000 |
635,778,000,000 |
600,075,000,000 |
|
Long-Term Account Payables |
23,413,000,000 |
8,278,439,080 |
6,877,843,360 |
|
Long-Term Borrowings |
668,000,000 |
46,004,760,000 |
50,039,660,000 |
|
Long-Term Guarantee Deposit
Withhold |
3,566,000,000 |
606,800,000 |
693,001,045 |
|
Provisions |
135,054,000,000 |
3,566,190,000 |
- |
|
Provision for Severance &
Retirement |
3,000,000 |
126,546,996,461 |
128,054,763,017 |
|
Derivatives |
308,851,000,000 |
- |
- |
|
Non-Current Portion of
Deferred Income Tax Credit |
2,325,500,000,000 |
243,485,437,813 |
243,208,064,687 |
Income Statement
|
Unit : Korean Won |
01/01/2010~09/30/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
3,707,086,000,000 |
4,675,860,457,962 |
4,942,288,330,531 |
|
Cost of Sold Goods |
3,373,270,000,000 |
4,228,131,829,529 |
4,522,385,305,931 |
|
Gross Profit |
333,816,000,000 |
447,728,628,433 |
419,903,024,600 |
|
Selling & Admin. Expenses |
146,266,000,000 |
212,750,158,642 |
190,410,470,160 |
|
Operating Income |
187,550,000,000 |
234,978,469,791 |
229,492,554,440 |
|
Non-Operating Income |
517,660,000,000 |
751,929,448,559 |
741,984,101,542 |
|
Non-Operating Expenses |
239,944,000,000 |
386,907,227,566 |
709,231,893,070 |
|
Ordinary Income |
465,266,000,000 |
600,000,690,784 |
262,244,762,912 |
|
Special Income |
- |
- |
- |
|
Income Before Taxes |
465,266,000,000 |
600,000,690,784 |
262,244,762,912 |
|
Income Taxes Expenses |
48,157,000,000 |
38,530,016,570 |
-31,168,380,450 |
|
Net Income |
417,109,000,000 |
561,470,674,214 |
293,413,143,362 |
Cash Flows
|
Unit : Korean Won |
01/01/2010~09/30/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows from Operating |
(-)91,756,000,000 |
278,714,926,018 |
(-)152,941,233,233 |
|
-Net Income |
417,109,000,000 |
561,470,674,214 |
293,413,143,362 |
|
-Exp. without Cash Outflow |
90,587,000,000 |
142,767,754,720 |
216,517,600,155 |
|
-Revenue without Cash Inflows |
(-)385,727,000,000 |
(-)560,958,432,716 |
(-)261,644,898,083 |
|
-Changes in Asset/ & Liability |
(-)213,725,000,000 |
135,434,929,800 |
(-)401,227,078,667 |
|
Cash Flows from Investing |
20,439,000,000 |
45,335,359,352 |
(-)361,531,248,834 |
|
-Cash Inflow from Investing |
104,921,000,000 |
219,779,070,249 |
52,099,312,969 |
|
-Cash Outflows for Investing |
(-)84,482,000,000 |
(-)174,443,710,897 |
(-)413,630,561,803 |
|
Cash Flows from Financing |
78,407,000,000 |
(-)438,144,187,620 |
527,910,876,351 |
|
-Cash Inflows from Financing |
1,554,686,000,000 |
555,957,064,830 |
912,745,242,819 |
|
-Cash Outflows from Financing |
(-)1,476,279,000,000 |
(-)994,101,252,450 |
(-)384,834,366,468 |
|
Increase/Decrease in Cash |
7,090,000,000 |
(-)114,093,902,250 |
13,438,394,284 |
|
Cash at the Beginning of Year |
5,164,000,000 |
119,258,034,343 |
105,819,640,059 |
|
Cash at the End of Year |
12,254,000,000 |
5,164,132,093 |
119,258,034,343 |
Products, Technologies, Services Description
|
Main Products & Services |
EXPLOSIVES BUSINESS Explosives -Explosives -Accessories Nitric Products -Nitric Acid -Ammonia Defense Products -Guided Weaponry -Rockets -Illumination Cartridges -Grenades -Fuzes -High Explosives -Propellants -Undersea Equipment Inflators -Driver's Seat -Passenger Seat -Sides Fireworks -Nighttime Fireworks -Daytime Fireworks -Ground Fireworks -Special Effects -Signals Aerospace Products -Fixed Wing -Rotary Wing -Space Brand Name: MegaMite, Hanwha, NewMITE Plus |
|
Main Products & Services |
MegaMite is a nitroglycol-based gelatin dynamite with good water- and
cold-resistance. The unparalleled detonation power and velocity makes it an
all-purpose explosives for both soft and super hard rocks. In particular, it
is suitable to blow up hard and super hard rocks that are hardly affected by
emulsion explosives. HiDETO Plus is an electric detonator with RDX 650mg as its base
charge, and is used to detonate a blast hole electrically. There are
basically two types of products: MS(Millisecond) delay detonators with a
stage-to-stage interval of 20ms and LP(Long Period) delay detonators with a
stage-to-stage interval of 100∼500ms. They are
generally effective both for open-area and underground blasting. Also, their
excellent millisecond precision is effective in minimizing the blasting
vibration and improving fragmentation. With the coloring of leg wires, shell
bodies, etc. they are extremely easy to discern. Driver's Seat In 2001, Hanwha completed the localization of two kinds of inflators
through technology cooperation with TRW. The two are: FG inflator that uses
Azide as the explosive facilitating the generation of gas to inflate the
airbag; and the ADI inflator that uses non-Azide, an environment friendly
product. Currently, these products are manufactured at the Hanwha Boeun
factory which is the only inflator manufacturer in Passenger Seat The representative products are PPI3 and PHI-2. PPI3 uses non-Azide
propellant as the main source of gas generation to inflate airbags while PHI2
uses compressed inert gas. These products are manufactured at TRW. In Sides It uses compressed inert gas to inflate side airbags and is currently manufactured
at TRW of Germany. The demand for inflators for side airbags is expected to
increase in Korean Fighter Program HANWHA was designated as a specialized FCISA(Flight Control Integrated
Servo Actuator) supplier for KFP program by Korea MND and successfully
delivered to KAI. We fully support our customer, ROKAF, by repair and
overhaul. |
|
Main Products & Services |
TRADE BUSINESS Petroleum Petrochemicals Plastic Resin Chemicals -Inorganic -Organic Chemical -Chemical Export Transportation Equipment Metals Bearings Machinery Equipment -Pneumetic -General Purpose Valves -Bush -LM Defense Products -Ammunitions -Rockets -Fuzes -Propelling Charges -Hand Grenades and Mines -Bombs and Demolitions -Other Suppliable Defense Livestock -Beef -Pork Salt Plastic Products Papers Cut Flowers |
Trade Partners & Competitors
|
Suppliers |
HUCHEMS FINE CHEMICAL CORPORATION 5 FL., KUKDONG BLDG., 60-1, CHUNGMURO 3-GA,
JUNG-GU, TEL: 82-2-2262-0600 FAX: 82-2-2265-9381 INDUSTRY: MANUFACTURE OF ALL OTHER CHEMICAL
PRODUCTS N.E.C. TAEYOUNG INDUSTRY CORPORATION 1-1, TEL: 82-52-228-3300 FAX: 82-52-228-3388 INDUSTRY: WATER FREIGHT HANDLING HANWHA CHEMICAL CORPORATION HANWHA LIVING &CREATIVE CORPORATION HANWHA ENGINEERING & CONSTRUCTION
CORPORATION YEOCHUN NAPHTHA CRACKING CENTER CO., LTD. HANWHA S & C CO., LTD. TRW |
|
Customers |
DEFENSE PROCUREMENT AGENCY HANWHA CHEMICAL CORPORATION HANWHA LIVING &CREATIVE CORPORATION HANWHA ENGINEERING & CONSTRUCTION
CORPORATION YEOCHUN NAPHTHA CRACKING CENTER CO., LTD. HANWHA S & C CO., LTD. NOVELIS KOREA LIMITED(175611-0003950) HANWHA INTERNATIONAL (S) PTE LTD.( HYUNDAI CONSTRUCTION EQUIPMENT USA INC.( MARUBENI CORPORATION |
|
Competitors |
SK NETWORKS CO.,
LTD. 4, PYEONG-DONG, GWONSEON-GU, SUWON-SI,
GYEONGII-DO 441-230 TEL:+82-2-2221-2016 FAX:+82-2-2221-0080 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS HYUNDAI CORPORATION HUNGKUK LIFE INSURANCE BD 226, SINMUNNO
1-GA, JONGNO-GU, TEL:+82-2-390-1114 FAX:+82-2-390-1101 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS LG INTERNATIONAL
CORP. 12 FL., LG TEL:+82-2-3773-5114 FAX:+82-2-3773-5446 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS DAEWOO
INTERNATIONAL CORPORATION DAEWOO CENTER BLDG., 541, NAMDAEMUNNO 5-GA,
JUNG-GU, TEL:+82-2-759-2114 FAX:+82-2-753-9489 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS HYOSUNG
CORPORATION HYOSUNG BLDG., 450, GONGDEOK 2-DONG,
MAPO-GU, TEL:+82-2-707-7000 FAX:+82-2-707-0130 INDUSTRY: MAN-MADE FIBERS SPINNING SAMSUNG
CORPORATION 310, TAEPYEONGNO 2-GA, JUNG-GU, TEL:+82-2-2145-2114 FAX:+82-2-2145-3114 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS |
Related Parties
(Subsidiaries,
Joint-Venture & Affiliates)
Affiliates-Domestics |
HANWHA CORP
(110111-0002959) HANWHA CHEMICAL
CORPORATION (110111-0360935) HANWHA
TIMEWORLD CO., LTD. (160111-0003410) HANWHA
SECURITIES CO.,LTD (110111-0003155) HANWHA
NON-LIFE INSURANCE CO., LTD. (110111-0006456) HANWHA LIVING
& CREATIVE CORP (110111-1725930) HANWHA POLYDREAMER
CO.,LTD (161511-0001861) HANWHA STATION
DEVELOPMENT CO., LTD. (110111-0544133) HANWHA
CHONGNYANGNI STATION DEVELOPMENT CO., LTD. (110111-3008376) HANWHA
INVESTMENT TRUST MANAGEMENT CO., LTD. (110111-0571201) HANWHA VC
CORP. (110111-1912909) KLI INSURANCE
INVESTIGATION CO., LTD. (110111-3192913) KOREA TELE
MARKETING & SERVICES CO., LTD (110111-3199349) RADISSON SEOUL
PLAZA HOTEL (110111-0154776) HAN COMM. INC.
(110111-0362957) ENVIRONMENT
FACILITIES MANAGEMENT CORPORATION (141411-0006564) DREAMPHARMA
CORP. (110111-1181025) HANWHA S&C
CO., LTD (110111-2204470) GUNPO ECOTECH
CORPORATION (110111-2629941) HANWHA 63 CITY
CORPORATION (110111-0425622) DAEDEOK TECHNO
VALLEY CO., LTD (160111-0115059) YANGJU ENVIRO
CORPORATION (110111-2503244) HANWHA CITY DEVELOPMENT
CO.,LTD (160111-0182230) KUMDAN ECOTECH
CORPORATION (110111-3205659) HANWHA GALLERIA CO., LTD.( 110111-0202989) HANWHA TOUR HANWHA RESORT
CO.,LTD (110111-0249709) (50.0% HELD BY
THE SUBJECT COMPANY) KOREA LIFE
INSURANCE CO.,LTD (110111-0003204) (26.3% HELD BY
THE SUBJECT COMPANY) HANWHA EAGLES
PROFESSIONAL BASEBALL CLUB (160111-0007214) (40.0% HELD BY
THE SUBJECT COMPANY) DANGJIN TECHNO
POLIS CO., LTD(165011-0022657) (12/03/2007
Joined as an Affiliated company) AZDEL INC. (11/21/2007
Joined as an Affiliated company) HANWHA
INDEPENDENT ENERGY CORPORATION(110111-3780932) (12/03/2007
2007 Joined as an Affiliated company) GIMHAE TECHNO
VALLEY CO.,LTD.(195511-0120447) (10/01/2009
Joined as an Affiliated company) HANWHA CHEMICAL
OVERSEAS HOLDINGS, CO., LTD.(110111-4137207) (08/04/2009
Joined as an Affiliated company) |
|
Affiliates-Overseas |
HANWHA ( HANWHA CHEMICAL MAXFORMA INCORPORATED. UNION INDUSTRIAL DEVELOPMENT INC. BOR DEVELOPMENT LLC. MAXFORMA HOLDINGS INCORPORATED MAXFORMA PLASTICS LLC. HANWHA CHEMICAL ( HANWHA CHEMICAL ( UNIVERSAL BEARINGS INC. HANWHA AMERICA DEVELOPMENT INC. HANWHA HANWHA DEVELOPMENT SERVICES LLC. LANCASTER DEVELOPMENT GROUP LLC. HANWHA INTERNATIONAL(S) PTE LTD. MGM RT. ACROPARK GOLF CORP. HANWHA BANK HUNGARY LTD. HANWHA FIRST INVESTMENT CO.,BV HANWHA HANWHA SONORAN LLC. SONORAN VISTA LLC. HANWHA SAUDI CONTRACTING CO. LTD. HANWHA
RESOURCES (CANADA) LTD. (12/14/2007 Joined as an Affiliated company) HANWHA L&C CANADA INC. (01/02/2008
Joined as an Affiliated company) HANWHA PARCEL LLC(07/02/2009 Joined as an
Affiliated company) HANWHA INTERNACIONAL DO BRASIL
INTERMEDIACOES DE NEGOCIOS LTDA.(08/19/2009 Joined as an Affiliated company) HANWHA CORSICANA LLC(07/07/2009 Joined as
an Affiliated company) HANWHA PARCEL O LLC(07/03/2009 Joined as an
Affiliated company) |
|
Overseas Office |
HANWHA CORPORATION BEIJING REPRESENTATIVE OFFICE 1804 CAPITAL TOWER BUILDING TOWER A&B
NO.6 JIA JIANGUOMENWAI AVENUE, CHAOYANG DISTRICT, BEIJING, CHINA TEL :+86-10-6517-0012 FAX :+86-10-6517-0025 HANWHA CORPORATION GUANGZHOU REPRESENTATIVE OFFICE RM 1903, WEST TOWER, FORTUNE PLAZA,
#114-118, TIYUNDONG ROAD, GUANGZHOU, CHINA TEL :+86-20 -3893-1567 FAX :+86-20-
3893-2760 HANWHA CORPORATION SHANTOU REPRESENTATIVE OFFICE RM 6-03, 6F MERITUS HOTEL, TEL :+86-754-8863-3006 FAX 86-754-8863-4209 HANWHA CORPORATION URUMQI REPRESENTATIVE OFFICE 11TH FLOOR, ”D”RM FOUNTAIN PLAZA, #86 TEL :+86-991-282-2512,2513 FAX
:+86-991-236-3796 HANWHA CORPORATION SHENZHEN REPRESENTATIVE OFFICE RM 22E2, TEL :+86-755- 2667-3782 FAX :+86-755-
2667-3719 HANWHA CORPORATION SHENYANG REPRESENTATIVE OFFICE RM 1702, TOWER2, TEL :+86-24- 2334-1065 FAX
:+86-24-2334-1096 |
|
Overseas Office |
HANWHA CORPORATION TAIPEI REPRESENTATIVE OFFICE 8F-4, 207, TEL :+886-22-547-3355 FAX :+886-22-546-9955 HANWHA CORPORATION JAKARTA REPRESENTATIVE OFFICE S.WIDJOJO BUILDING 9TH FLOOR, JL.JEND.
SUDIRMAN 71, TEL :+62-21-520-5815 FAX :+62-21-520-5810 HANWHA CORPORATION HO CHI MINH REPRESENTATIVE OFFICE TEL :+84-8-822-7301 FAX :+84-8-822-7302 HANWHA CORPORATION MANILA REPRESENTATIVE OFFICE 168 GOLDEN ROCK BLDG. 4TH FLOOR UNIT TEL :+63-2-840-1330 FAX :+63-2-893-9482 HANWHA CORPORATION ATHENS REPRESENTATIVE OFFICE RIZARIOU 2A AND MIKRAS ASIAS 66, CHALANDRI,
15233, TEL :+30-210-685-8280 FAX :+30-210-685-8240 HANWHA CORPORATION MOSCOW REPRESENTATIVE OFFICE LENINSKY PROSPEKT 113 / 1, TEL :+7-495-662-3001~2 FAX :+7-495-662-3003 |
|
Subsidiary |
HANWHA
E&C (110111-2558405) (100.0% held by the subject company) HANWHA TECHM CO.,LTD (194211-0056095) (100.0% held by the subject company) HANWHA HONG KONG (100.0% held by the subject company) HANWHA JAPAN CO., LTD. (100.0% held by the subject company) HANWHA (100.0% held by the subject company) HANWHA MACHINERY AMERICA CORPORATION (100.0% held by the subject company) HANWHA YANHU CHEMICAL CO. (60.0% held by the subject company) HANWHA INTERNATIONAL( (100.0% held by the subject company) |
|
Subsidiary |
HANWHA (H.K.) CO., LTD. UNIT 2709, THE CENTER, 99 QUEEN’S
ROAD,CENTRAL, TEL : 852-2529-9325 FAX :+852-2529-4678 HANWHA INTERNATIONAL ( RM.2101, DAWNING CENTRE EAST, TEL: 86-21-3126-9889 FAX: 86-21-3209-2312 HANWHA YANHU CHEMICAL CO., LTD. YANHU, EAST SUBURB TEL: 86-991-594-0275 FAX: 86-991-236-0277 HANWHA JAPAN CO., LTD. WWW.HANWHA-JAPAN.COM HANWHA BLDG. 8F, 10-1, SHIBA-4 CHOME,
MINATO-KU, TEL : 81-3-5441-5900 FAX :+81-3-5441-5921 HANWHA INTERNATIONAL (S) PTE LTD. 4 SHENTON WAY #15-05/06 SGX 2 TEL: 65-6227-3139 FAX: 65-6227-9337 HANWHA WWW.HANWHA.DE MERGENTHALLER ALLEE 79-81,
65760 TEL : 49-6196-5016-0 FAX :+49-6196-5016-90 HANWHA INTERNATIONAL LLC. 2559 RT. 130 CRANBURY, TEL: 1-609-655-2500 FAX: 1-609-655-0711 UNIVERSAL BEARINGS LLC. WWW.UNIVBRG.COM TEL : 1-574-546-2261 FAX :+1-574-546-5085 |
|
Corporate Ownership |
The Subject company is the ultimate company
of HANWHA GROUP. |
|
Cooperative |
CLAVERHAM-UK YICOM-YEMEN -Insured Comp[any FIRST FIRE & MARINE INSURANCE CO., LTD.(110111-0017586) |
Sales
(Manufacturing) by Region (Activity & Markets)
|
Sales/ Unit :Mil KRW |
09/2010 |
2009 |
2008 |
|
Export |
43,366 |
126,590 |
|
|
Domestic |
581,715 |
723,508 |
|
|
Total |
625,081 |
850,098 |
|
Sales (Trading) by Region (Activity & Markets)
|
Sales/ Unit :Mil KRW |
09/2010 |
2009 |
2008 |
|
Export |
1,852,398 |
2,253,602 |
2,565,829 |
|
Domestic |
1,003,010 |
1,095,317 |
1,115,124 |
|
Total |
2,855,708 |
3,348,919 |
3,680,953 |
The Subject deals with the companies in
Court Action
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (Million KRW) |
Status |
|
|
|
An Individual |
The Subject Company &
Others(2) |
Claim for Damage |
712 |
Proceeding |
|
|
Seoul Seobu District Court |
Misung Enterprise Co., Ltd.( |
The Subject Company &
Others(7) |
Claim for Damage |
46 |
Proceeding |
|
|
|
The Subject Company |
Samgong Engineering |
Claim for Refund on Unfair Profit |
437 |
2nd Round Proceeding(1st Round: The Subject Company won.) |
|
|
Cheonan District Court |
The Subject Company |
Misung Enterprise & Kim Nam-Sun |
Claim for Promissory Note Amount |
162 |
1st Round Proceeding |
|
|
Cheonan District Court |
The Subject Company |
Misung Enterprise |
Claim for Payment |
50 |
1st Round Proceeding |
|
|
Seoul Central District Court |
Misung Enterprise & Kim Nam-Sun |
The Subject Company |
- |
32 |
1st Round Proceeding |
|
|
Cheonan District Court |
Kim Nam-Sun |
The Subject Company |
- |
41 |
1st Round Proceeding |
|
|
- |
|
The Subject Company |
Claim for Damage |
USD 1,670,000 |
1st Round Proceeding |
|
|
- |
An individual |
The Subject Company |
Claim for KIA Motor's SPECTRA related Case |
Unspecified |
Pending |
|
|
- |
HUCHEMSFINECHEMICALCORPORATION(110111-2611906) |
The Subject Company & Hanwha E&C |
Claim for Damages |
4,158 |
1st Round Proceeding |
News Clipping
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.20 |
|
|
1 |
Rs.73.07 |
|
Euro |
1 |
Rs.61.41 |
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 Company |
---- |
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.