MIRA INFORM REPORT
|
Report Date : |
01.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
HYUNDAI ROTEM
COMPANY |
|
|
|
|
Registered Office : |
85, Daewon-dong, Changwon-si, Gyeongsangnam-do, Korea |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.03.2011 |
|
|
|
|
Date of Incorporation : |
01.07.1999 |
|
|
|
|
Com. Reg. No.: |
609-81-37486 |
|
|
|
|
Legal Form : |
Company Limited by Shares |
|
|
|
|
Line of Business : |
Manufacture of Locomotives and Railway Rolling Stock |
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 |
|
|
|
|
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 – 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 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Basic
|
Company
Name |
HYUNDAI ROTEM
COMPANY (Korean Company
Name : “현대로템(주)”) |
|
Registered Address |
85, Daewon-dong, Changwon-si, Gyeongsangnam-do,
Korea |
|
Building |
|
|
Zip Code |
641-808 |
|
Tel |
+82-55-273-1341 |
|
Fax |
+82-55-273-1741 |
|
E-mail |
webmaster@hyundai-rotem.co.kr |
|
Website |
www.hyundai-rotem.co.kr |
|
Trading Address |
Hyunhdai Motor Group Bldg, 8 ~ 12F, 231, Yangjae-Dong,
Seocho-Gu, Seoul, 137-938, Korea |
|
Tel |
+82-2-3464-1114 |
|
Fax |
+82-2-3464-7580 |
|
Other Address-Dangjin Factory Office |
315, Godae-ri, Songak-eup, Dangjin-gun, Chungcheongnam-do, Korea |
|
Tel |
+82-41-680-0600 |
|
Fax |
+82-41-680-0634 |
|
Other Address-Uiwang Factory |
462-18,
Sam-dong, Uiwang-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-460-1114 |
|
Fax |
+82-31-461-1913 |
|
Other Address-Technical Research
Institute |
462-18, Sam-dong, Uiwang-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-596-9114 |
|
Fax |
+82-31-596-9766 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Locomotives and Railway Rolling Stock |
|
Main Business |
Rolling Stock, Defense System, Steel Making Plants, Press |
|
Sub
Business |
Construction of Industrial Plants |
|
Established (mm/dd/yyyy) |
07/01/1999 |
The Subject owns
the premises of registered HQ address.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Railway and tramway cars(25121600) |
|
Sell |
Locomotives and electric trolleys(25121500) |
|
Sell |
War vehicles(25102000) |
|
Sell |
Workshop presses(23171622) |
|
Sell |
Armored fighting vehicles(25102002) |
|
Sell |
Hydraulic presses(27121500) |
CEO’s
|
Name |
Lee Min-Ho |
|
Address |
|
|
Date of Birth |
10/21/1953 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
319,700,000,000 |
||||||||||||
|
Employees |
3,757 |
||||||||||||
|
Formation |
Co., Ltd by shares Foreign Direct Investment Corporation A Company of HYUNDAI MOTOR COMPANY GROUP |
||||||||||||
|
Bank Details |
Korea Exchange Bank-Changwon Branch |
||||||||||||
|
Corporate Registered No. |
194211-0036336 |
||||||||||||
|
Business Registered No. |
609-81-37486 |
||||||||||||
|
Permit & Licenses |
01/17/2002 ISO 14001 12/06/2002 ISO 9001 Int’l Trade No.: 24021656 |
||||||||||||
|
Shareholder Position |
|
||||||||||||
|
Company History |
07/01/1999 Incorporated as Korea Railroad
Vehicles Co., Ltd. 11/01/2001 Joined as an affiliated company
to Hyundai Motor Company Group 01/01/2002 Changed company name to ROTEM
COMPANY 01/01/2002 Acquired Heavy Equipment &
Plant Business from HYUNDAI MOBIS CO., LTD.(110111-0215536) 02/01/2004 Acquired Aerospace Business from HYUNDAI MOBIS CO.,
LTD.(110111-0215536) 10/01/2006 Acquired Environment Business
from HYUNDAI
MOBIS CO., LTD.(110111-0215536) 11/15/2007 Changed company name to the
present name |
||||||||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Career |
|
President & CEO |
Mr. |
Lee Min-Ho |
Korean |
1953.10.21 |
President of KEFICO(110111-0543169) |
|
Vice President |
Mr. |
Kim Young-Gon |
Korean |
1956.01.23 |
CFO of HYUNDAI STEEL
COMPANY(120111-0001743) |
|
Vice President |
Mr. |
Kim Jae-Hong |
Korean |
1953.05.28 |
-R&D
Chief of Hyundai Rotem |
|
Director |
Mr. |
Choi Sung-Min |
USA |
1975.06.09 |
Present Korea
Representative of MSPE |
|
Director |
Mr. |
Han Sang-Won |
USA |
1971.07.01 |
Present Chief Investment Officer of MSPE
ASIA |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
682,661,000,000 |
3,187,585,000,000 |
10,076,000,000 |
|
|
2010 |
2,898,423,000,000 |
3,102,267,000,000 |
66,235,000,000 |
|
2009 |
2,726,656,345,415 |
3,373,885,505,470 |
60,892,543,734 |
|
2008 |
2,259,852,696,918 |
3,083,550,930,500 |
49,072,272,686 |
|
2007 |
1,732,197,024,657 |
1,787,663,069,718 |
35,498,849,906 |
|
2006 |
1,564,246,687,792 |
1,530,080,313,918 |
67,151,658,005 |
|
2005 |
1,224,000,524,220 |
1,463,117,401,333 |
26,780,665,351 |
|
2004 |
935,218,936,961 |
1,299,405,030,893 |
(-)53,037,838,752 |
|
2003 |
1,074,176,537,004 |
1,245,540,677,658 |
61,585,183,266 |
(*)03/2011 ‘s figures are based on the K-IFRS Accounting System.
Financial Description
|
Authorized Capital(KRW) |
800,000,000,000 |
|
Paid-Up Capital(KRW) |
319,700,000,000 |
|
Total Issues Shares |
63,940,000 |
Balance
Sheet
|
Unit : Korean Won |
01/01/2011~03/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total
Assets |
3,187,585,000,000 |
3,106,714,000,000 |
|
|
Current Assets |
1,719,198,000,000 |
1,604,597,000,000 |
|
|
Cash
& Cash Equivalents |
117,677,000,000 |
75,116,000,000 |
|
|
Current
Financial Instruments |
26,711,000,000 |
31,771,000,000 |
|
|
Other
Current Assets |
155,747,000,000 |
196,923,000,000 |
|
|
Other
Finance Assets |
2,084,000,000 |
2,403,000,000 |
|
|
Trade
Receivables |
314,534,000,000 |
274,951,000,000 |
|
|
Other
Receivables |
912,505,000,000 |
782,150,000,000 |
|
|
Inventories |
189,940,000,000 |
241,283,000,000 |
|
|
Non-Current Assets |
1,468,387,000,000 |
1,502,117,000,000 |
|
|
Other
Assets |
2,892,000,000 |
2,946,000,000 |
|
|
Other
Finance Assets |
64,350,000,000 |
53,798,000,000 |
|
|
Trade
Receivables |
51,596,000,000 |
64,392,000,000 |
|
|
Other
Receivables |
33,682,000,000 |
34,346,000,000 |
|
|
Tangibles |
1,106,159,000,000 |
1,149,565,000,000 |
|
|
Intangibles |
112,364,000,000 |
102,875,000,000 |
|
|
Investment_Related
Companies |
55,303,000,000 |
55,303,000,000 |
|
|
Deferred
Income Tax Assets |
42,039,000,000 |
38,890,000,000 |
|
|
Total Liabilities |
2,185,489,000,000 |
2,113,535,000,000 |
|
|
Current Liabilities |
1,453,624,000,000 |
1,421,207,000,000 |
|
|
Trade
Payables & Other Payables |
822,364,000,000 |
818,777,000,000 |
|
|
Short-Term
Borrowings |
326,057,000,000 |
220,694,000,000 |
|
|
Current
Portion of Long-Term Debts |
254,255,000,000 |
314,382,000,000 |
|
|
Other
Debts |
49,124,000,000 |
67,209,000,000 |
|
|
Other
Financial Debts |
1,825,000,000 |
145,000,000 |
|
|
Non-Current
Liabilities |
731,865,000,000 |
692,327,000,000 |
|
|
Long-Term Borrowings |
34,179,000,000 |
38,569,000,000 |
|
|
Debentures |
428,525,000,000 |
388,766,000,000 |
|
|
Other Debts |
63,213,000,000 |
61,095,000,000 |
|
|
Provision |
49,247,000,000 |
50,168,000,000 |
|
|
Deferred Income Tax Credit |
101,472,000,000 |
102,118,000,000 |
|
|
Provision for Severance & Retirement |
55,229,000,000 |
51,612,000,000 |
|
|
Capital
Stock |
319,700,000,000 |
319,700,000,000 |
|
|
Capital Surplus |
37,197,000,000 |
37,197,000,000 |
|
|
Profit Surplus |
644,836,000,000 |
634,760,000,000 |
|
|
Others |
363,000,000 |
1,522,000,000 |
|
|
Total
Equity |
1,002,096,000,000 |
993,179,000,000 |
|
|
Liab.
& Shareholder’s Equity |
3,187,585,000,000 |
3,106,714,000,000 |
|
|
Balance Sheet |
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
3,102,267,000,000 |
3,373,886,000,000 |
3,083,550,930,500 |
|
Current Assets |
1,683,731,000,000 |
1,901,199,000,000 |
1,673,729,879,868 |
|
-Quick Assets |
1,442,448,000,000 |
1,682,070,000,000 |
1,426,686,109,740 |
|
-Inventories |
241,283,000,000 |
219,129,000,000 |
247,043,770,128 |
|
Fixed Assets |
1,418,536,000,000 |
1,472,687,000,000 |
1,409,821,050,632 |
|
-Investment |
127,643,000,000 |
118,576,000,000 |
102,978,425,098 |
|
-Tangibles |
1,149,565,000,000 |
1,199,956,000,000 |
1,158,931,263,699 |
|
-Intangibles |
80,348,000,000 |
67,718,000,000 |
33,505,695,707 |
|
-Others |
60,979,000,000 |
86,437,000,000 |
114,405,666,128 |
|
Total Liabilities |
2,059,579,000,000 |
2,396,654,000,000 |
2,214,409,661,004 |
|
Current Liabilities |
1,420,046,000,000 |
1,735,433,000,000 |
1,611,470,493,676 |
|
Fixed Liabilities |
639,533,000,000 |
661,221,000,000 |
602,939,167,328 |
|
Capital Stock |
319,700,000,000 |
319,700,000,000 |
319,700,000,000 |
|
Capital Surplus |
37,197,000,000 |
37,197,000,000 |
37,197,000,000 |
|
Profit Surplus |
323,786,000,000 |
257,551,000,000 |
196,658,936,089 |
|
Capital Adjustment |
362,005,000,000 |
362,783,000,000 |
315,585,333,407 |
|
Total Equity |
1,042,688,000,000 |
977,232,000,000 |
869,141,269,496 |
|
Liab. & Shareholder’s Equity |
3,102,267,000,000 |
3,373,886,000,000 |
3,083,550,930,500 |
Income
Statement
|
Unit : Korean Won |
01/01/2010~09/30/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
682,661,000,000 |
|
|
|
Cost of Sold Goods |
633,594,000,000 |
|
|
|
Gross Profit |
49,067,000,000 |
|
|
|
Selling & Admin. Expenses |
29,955,000,000 |
|
|
|
Other Operating Income |
10,244,000,000 |
|
|
|
Other Operating Expenses |
13,817,000,000 |
|
|
|
Operating Income |
15,538,000,000 |
|
|
|
Finance Income |
9,081,000,000 |
|
|
|
Finance Expenses |
14,882,000,000 |
|
|
|
Income Before Taxes |
9,737,000,000 |
|
|
|
Income Taxes Expenses |
-339,000,000
|
|
|
|
Net Income |
10,076,000,000 |
|
|
|
Income Statement |
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
2,898,423,000,000 |
2,726,656,000,000 |
2,259,852,696,918 |
|
Cost of Sold Goods |
2,606,304,000,000 |
2,393,186,000,000 |
1,969,345,740,814 |
|
Gross Profit |
292,119,000,000 |
333,470,000,000 |
290,506,956,104 |
|
Selling & Admin. Expenses |
114,600,000,000 |
105,439,000,000 |
96,634,195,661 |
|
Operating Income |
177,519,000,000 |
228,030,000,000 |
193,872,760,443 |
|
Non-Operating Income |
98,333,000,000 |
105,834,000,000 |
153,012,397,887 |
|
Non-Operating Expenses |
198,699,000,000 |
267,221,000,000 |
288,854,084,185 |
|
Income Before Taxes |
77,154,000,000 |
66,644,000,000 |
58,031,074,145 |
|
Income Taxes Expenses |
10,919,000,000 |
5,751,000,000 |
- |
|
Net Income |
66,235,000,000 |
60,893,000,000 |
58,031,074,145 |
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 |
-71,824,000,000 |
|
|
|
-Net Income |
10,076,000,000 |
|
|
|
-Exp. without Cash Outflow |
29,375,000,000 |
|
|
|
-Revenue without Cash Inflows |
15,888,000,000 |
|
|
|
-Changes in Asset/ & Liability |
-95,387,000,000 |
|
|
|
Cash Flows from Investing |
27,785,000,000 |
|
|
|
-Cash Inflow from Investing |
82,878,000,000 |
|
|
|
-Cash Outflows for Investing |
55,093,000,000 |
|
|
|
Cash Flows from Financing |
86,600,000,000 |
|
|
|
-Cash Inflows from Financing |
600,418,000,000 |
|
|
|
-Cash Outflows from Financing |
513,818,000,000 |
|
|
|
Increase/Decrease in Cash |
42,561,000,000 |
|
|
|
Cash at the Beginning of Year |
75,116,000,000 |
|
|
|
Cash at the End of Year |
117,677,000,000 |
|
|
|
Cash Flows |
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows from Operating |
104,364,000,000 |
31,288,000,000 |
(-)21,953,906,582 |
|
-Net Income |
66,235,000,000 |
60,893,000,000 |
49,072,272,686 |
|
-Exp. without Cash Outflow |
97,507,000,000 |
163,998,000,000 |
218,080,378,875 |
|
-Revenue without Cash Inflows |
-40,395,000,000 |
-22,949,000,000 |
(-)67,118,795,903 |
|
-Changes in Asset/ & Liability |
-18,982,000,000 |
-170,654,000,000 |
(-)221,987,762,240 |
|
Cash Flows from Investing |
-42,136,000,000 |
-208,589,000,000 |
(-)255,162,885,054 |
|
-Cash Inflow from Investing |
59,415,000,000 |
18,854,000,000 |
10,805,782,405 |
|
-Cash Outflows for Investing |
-101,551,000,000 |
-227,443,000,000 |
(-)265,968,667,459 |
|
Cash Flows from Financing |
-36,735,000,000 |
108,742,000,000 |
286,794,496,977 |
|
-Cash Inflows from Financing |
2,768,990,000,000 |
1,356,195,000,000 |
2,180,426,865,568 |
|
-Cash Outflows from Financing |
-2,805,725,000,000 |
-1,247,452,000,000 |
(-)1,893,632,368,591 |
|
Increase/Decrease in Cash |
25,493,000,000 |
-68,559,000,000 |
9,677,705,341 |
|
Cash at the Beginning of Year |
49,623,000,000 |
118,182,000,000 |
108,504,154,684 |
|
Cash at the End of Year |
75,116,000,000 |
49,623,000,000 |
118,181,860,025 |
Products, Technologies, Services Description
|
Main Products & Services |
- Rolling Stock Units - Railway System - Defense System - Plant System |
Trade Partners & Competitors
|
Suppliers |
BNG STEEL CO., LTD.(110111-0065395) POSCO(174611-0000741) DONGKUK STEEL MILL CO.,
LTD.(110111-0031338) |
|
Customers |
HYUNDAI MOTOR COMPANY(110111-0085450) HYUNDAI MOBIS CO., LTD.(110111-0215536) KIA MOTORS CORPORATION(110111-0037998) HYUNDAI STEEL COMPANY(120111-0001743) HYUNDAI HYSCO(110111-0302416) SAMSUNG C&T CORPORATION(110111-0002975) HANWHA CORP(110111-0002959) ARMY-REPUBLIC OF KOREA INCHEON INTERNATIONAL AIRPORT RAILWAY SEOUL METRO KORAIL DEFENSE ACQUISITION PROGRAM ADMINISTRATION HYUNDAI DEVELOPMENT POSCO E&C SEPTA-USA VANCOUVER SKYTRAIN MTR ISLAMIC REPUBLIC OF IRAN RAILWAYS |
|
Competitors |
BOMBARDIER ALSTOM SIMENS |
Related Parties (Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
HYUNDAI MOTOR COMPANY(110111-0085450) KIA MOTORS CORPORATION(110111-0037998) HYUNDAI MOBIS CO., LTD.(110111-0215536) HYUNDAI AUTONET CO., LTD.(134411-0015057) DYMOS INC.(161411-0008562) KEFICO(110111-0543169) HYUNDAI POWERTECH CO., LTD.(161411-0009403) WORLD INDUSTRIES ACE CORP.(194211-0000125) WISCO(194211-0000084) METIA CORPORATION(194211-0000068) IHL CORPORATION(171211-0007722) AUTOMOBILE INDUSTRIAL ACE CO., LTD.(135011-0029352) M. SEAT CO., LTD.(110111-2410366) PARTECS CO., LTD.(161411-0015955) SAMWOO CO., LTD.(134511-0003480) HYUNDAI HYSCO(110111-0302416) HYUNDAI STEEL COMPANY(120111-0001743) BNG STEEL CO., LTD.(110111-0065395) HMC INVESTMENT SECURITIES CO.,
LTD.(110111-0019962) HYUNDAI CAPITAL SERVICES,
INC.(110111-0995378) HYUNDAI COMMERCIAL INC.(110111-3646697) HYUNDAI CARD CO., LTD.(110111-0377203) HAEVICHI RESORT CO., LTD(224111-0006681) HAEVICHI COUNTRY CLUB CO.,
LTD.(110111-0616049) GLOVIS CO., LTD.(110111-2177388) AUTOEVER SYSTEMS
CORPORATION(110111-1935638) M&SOFT CO., LTD.(110111-1620239) N.G.V(110111-2094201) CARNES CO., LTD.(134111-0134001) HYUNDAI-ROTEM COMPANY(194211-0036336) SEOUL METRO LINE NINE
CORPORATION(110111-3134048) MAINTRANS COMPANY(110111-3920520) KIA TIGERS CO., LTD.(200111-0003883) ASSET MANAGEMENT CO., LTD(110111-2622242) INNOCEAN WORLDWIDE INC(110111-3229097) CORENTEC. CO., LTD.(110111-1983653) JONGRO HAKPYUNG CO., LTD.(110111-0171225) JONGRO ACADEMY(110111-0109060) |
|
Affiliates-Overseas |
HYUNDAI MOTOR INDIA LTD. HYUNDAI-ASSAN OTOMOTIV SANAYI VE TICARET
A.S. BEIJING HYUNDAI MOTOR COMPANY BEIJING JINXIAN MOTOR SAFEGUARD SERVICE
CO., LTD HYUNDAI TRANSLEAD HYUNDAI MOTOR MANUFACTURING ALABAMA STAMPED METAL AMERICAN RESEARCH TECHNOLOGY,
INC HYUNDAI MOTOR POLAND HYUNDAI MORTOR COMPANY AUSTRALIA PTY LTD. HYUNDAI MOTOR JAPAN CO., LTD HYUNDAI MOTOR AMERICA, INC. HYUNDAI MOTOR FINANCE COMPANY WORLD MARKETING GROUP HYUNDAI MOTOR EUROPE GMBH HYUNDAI AUTO CANADA CAPTIVE INSURANCE LTD GLOBAL ENGINE ALLIANCE LLC GLOBAL ENGINE MANUFACTURING ALLIANCE LLC HYUNDAI AMERICA TECHNICAL CENTER INC. HYUNDAI MOTOR JAPAN R&D CENTER INC. HYUNDAI DE MEXICO S.A. HYUNDAI RIO VISTA, INC CHINA MILLENNIUM CORPORATION Ⅰ CHINA MILLENNIUM CORPORATION Ⅱ CHINA MILLENNIUM CORPORATION Ⅲ BEIJING HINES MILLENIUM REAL ESTATE
DEVELOPMENT CO. HYUNDAI MOTOR GROUP (CHINA) LTD HYUNDAI MOTOR HUNGARY HYUNDAI MOTOR EUROPE TECHNICAL CENTER GMBH HYUNDAI MOTOR NORWAY AS HYUNDAI INFORMATION SERVICE NORTH AMERICA HYUNDAI MOTOR UK LIMITED KIA MOTORS AMERICA INC. KIA CANADA INC. KIA MOTORS DEUTSCHLAND GMBH KIA MOTORS EUROPE GMBH. KIA MOTORS POLSKA SP.Z O.O. |
|
Affiliates-Overseas |
KIA MOTORS UNITED KINGDOM LTD KIA MOTORS AUSTRIA GMBH KIA MOTORS BELGIUM GMBH KIA MOTORS HUNGARY GMBH KIA MOTORS CZECH GMBH KIA MOTORS SWEDEN AB(KMSW) KIA MOTORS IBERIA S.L(KMIB) KIA MOTORS FRANCE SAS KIA MOTORS SLOVAKIA S.R.O(KMS) DONGFENG YUEDA KIA MOTOR CO., LTD KIA JAPAN CO., LTD. KIA MOTORS AUSTRALIA PTY LTD KIA MOTORS SALES SLOVENSKO S.R.O KIA MOTORS NEW ZEALAND LTD SHANGHAI HYUNDAI MOBIS AUTOMOTIVE PATRS
CO., LTD. JIANGSU MOBIS AUTOMOTIVE PARTS CO., LTD. BEIJING HYUNDAI MOBIS AUTOMOTIVE PARTS CO.,
LTD. BEIJING MOBIS TRANSMISSION CO., LTD. MOBIS AMERICA INC. GUANG DONG HYUNDAI MOBIS CO., LTD. HYUNDAI MOTOR (SHANGHAI) CO., LTD MOBIS PARTS EUROPE N.V. MOBIS PARTS DEUTSCHLAND GMBH MOBIS PARTS, MIDDLE EAST FREE ZONE
ESTABLISHMENT BEIJING MOBIS CHONCHE AUTOMOTIVE PARTS CO.,
LTD. MOBIS SLOVAKIA S.R.O MOBIS PARTS AUSTRALIA PTY LTD. BEIJING HYUNDAI MOBIS PARTS CO., LTD MOBIS PARTS IBERIA S.L. MOBIS PARTS CIS MOBIS PARTS JIANGSU YUEDA TRADING CO., LTD. AMERICAN AUTOPARTS, INC. OHIO MODULE MANUFACTURING CO., LLC MOBIS INDIA LIMITED HYUNDAI MOBIS(HONGKONG) CO.,LTD MOBIS ALABAMA, LLC MOBIS PARTS AMERICA, LLC MOBIS PARTS DETROIT, LLC WUXI MOBIS AUTOMOTIVE AUTOPARTS CO.,LTD QINGDAO HYUNDAI MACHINERY CO.,LTD. HYUNDAI PIPE OF AMERICA, INC. BEIJING HYUNDAI HYSCO STEEL PROCESS CO.,
LTD. HYSCO AMERICA COMPANY, INC. HYSCO SLOVAKIA,S.R.O HYUNDAI AUTONET AMERICA ROTEM USA CORPORATION HYUNDAI-KIA MACHINE AMERICA CORPRATION WIA AUTOMOTIVE PARTS CO., LTD HYUNDAI-KIA MACHINE EUROPE GMBH GLOVIS AMERICA, INC. GLOVIS ALABAMA, LLC. GLOVIS SLOVAKIA, S. R. O GLOVIS AUSTRALIA PTY.LTD |
|
Affiliates-Overseas |
GLOVIS EUROPE GMBH GLOVIS INDIA PRIVATE LIMITED GLOBAL AUTO PROCESSING SERVICES, INC BNG STEEL JAPAN CORP. BNG STEEL GMBH AMCO AMERICA, INC AMCO INDIA CONSTRUCTION PRIVATE, LTD BEIJING LEAR DYMOS AUTOMOTIVE SYSTEMS CO.,
LTD INNOCEAN WORLDWIDE COMMUNICATION PRIVATE
LIMITED JIANGSU HYUNDAI HYSCO STEEL PROCESS CO.,
LTD HYSCO STEEL INDIA., LTD INNOCEAN WORLDWIDE UK LIMITED EUROTEM HYUNDAI MOTOR MANUFACTURING CZECH, S.R.O. AUTOEVER SYSTEMS INDIA PRIVATE LIMITED ROTEM EQUIPMENTS (BEIJING) CO., LTD. MOBIS ALABAMA INSTRUMENT PANEL, LLC AUTOEVER SYSTEMS CHINA CO.,LTD. KIA MOTORS MANUFACTURING GEORGIA, INC. HMCIS B.V. AUTOEVERSYSTEMS EUROPE GMBH HYUNDAI MOTOR INDIA ENGINEERING DYMOS CZECH REPUBLIC S.R.O HYUNDAI AUTO CANADA CORP. MOBIS AUTOMOTIVE CZECH S.R.O. HYUNDAI MOTOR CIS LLC MOBIS PARTS BRAZIL INTERMEDIACAO DE
NEGOCIOS LTDA HYUNDAI AUTONET INDIA ENGINEERING PRIVATE
LIMITED HYSCO CZECH S.R.O AMCO CAMBODIA CO.,LTD. GLOVIS LOGISTICS LTD. GLOVIS CZECH REPUBLIC S.R.O. INNOCEAN WORLDWIDE EUROPE GMBH MOBIS GEORGIA, LLC GLOVIS GEORGIA, LLC GLOVIS HONG KONG CO.,LTD |
|
Overseas Office |
HYUNDAY ROTEM USA ONE CRESCENT DRIVE, SUITE 102, NAVY YARD,
CORPORATE CENTER, PHILADELPIA, PA 19112, USA TEL:+1-215-227-6836 FAX:+1-215-228-6837 HYUNDAY ROTEM EU BUYUKDERE CAD. NUROL PLAZA NO. 71 A K: 15
34398 MASLAK, ISTANBUL, TURKEY TEL:+90-212-276-9786 FAX:+90-212-276-3673 HYUNDAY ROTEM DETROIT BRANCH 23255 COMMERCE DRIVE, SUITE 201,
FARMINGTON, MI 48355 USA TEL:+1-586-254-5600 FAX:+1-586-254-5603 HYUNDAY ROTEM SINGAPORE BRANCH 300 BISHAN ROAD, BISHAN DEPORT SINGAPORE
579828 TEL:+65-6452-2086 FAX:+65-6452-2089 HYUNDAY ROTEM DELHI BRANCH 2ND FL., INSPECTION BAY BUILDING,
DMRC-KHYBER PASS METRO DEPORT, TIMARPUR ROAD, DELHI 110054 INDIA TEL:+91-11-2381-0128 FAX:+91-11-2381-0128 HYUNDAY ROTEM BENGALOORU SITE OFFICE BHARAT EARTH MOVERS LTD., BENGALOORU
COMPLEX, NEW THIPPASANDREA POST, BENGALOORU, 560-075 INDIA TEL:+91-80-2524-8328 FAX:+91-80-2524-7020 |
|
|
|
|
Subsidiary |
ROTEM USA CORPORATION (100.00% held by the subject company) ROTEM FACILITIES(BEIJING) CO., LTD.(CHINA) (100.00% held by the subject company) EUROTEM DEMIRYOLU ARACLARI SAN. VE TIC
A.S. (50.50% held by the subject company) HYUNDAI ROTEM AUTOMOTIVE (100.00% held by the subject company) MAINTRANCE (80.00% held by the subject company) GREEN AIR CO., LTD.(165011-0026005) (51.00% held by the subject company) |
|
|
|
|
Cooperative Enterprise |
-Insured Company HYUNDAI MARINE & FIRE INSURANCE CO., LTD.(110111-0035893) |
Sales by Region (Activity &
Markets)
|
Sales/ Unit :100 Mil KRW |
2010 |
2009 |
2008 |
|
Export |
11,965 |
9,616 |
6,940 |
|
Domestic |
17,019 |
17,651 |
15,659 |
|
Total |
28,984 |
27,267 |
22,599 |
The Subject exports
to Hong Kong, India, USA, New Zealand, Turkey and Greece.
Court Action
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
|
The Subject Company |
Korea Labor Welfare
Corporation(111271-0007455) |
Related to Industrial Disaster Insurance
Policy |
40,000,000 |
Proceeding |
|
|
|
Seoul Guarantee Insurance Company & The Subject Company |
Inforvision Technology & Others(6) |
Related to Compensation |
2,477,000,000 |
Proceeding |
News Clipping
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.58 |
|
UK Pound |
1 |
Rs.71.75 |
|
Euro |
1 |
Rs.64.80 |
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.