MIRA INFORM REPORT
|
Report Date : |
20.09.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
TAE KWANG INDUSTRIAL CO., LTD. |
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Registered Office : |
162-1, Jangchungdong 2-ga, Jung-gu, Seoul, Korea, Zip Code 100-855 |
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Country : |
South Korea |
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Financials (as on) : |
31.03.2011 |
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Date of Incorporation : |
15.09.1961 |
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Com. Reg. No.: |
203-81-43626 |
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Legal Form : |
Listed Company |
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Line of Business : |
Wholesale of Fibers and Yarns and Textiles |
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 : |
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 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Basic
|
Company Name |
TAE
KWANG INDUSTRIAL CO., LTD. (Korean
Company Name : “태광산업(주)”) |
|
Registered Address |
162-1,
Jangchungdong 2-ga, Jung-gu, Seoul, Korea |
|
Zip Code |
100-855 |
|
Tel |
+82-2-3406-0300 |
|
Fax |
+82-2-2273-9166 |
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E-mail |
|
|
Website |
|
|
Trading Address |
162-1,
Jangchungdong 2-ga, Jung-gu, Seoul, Korea |
|
Tel |
+82-2-3406-0300 |
|
Fax |
+82-2-2273-9166 |
|
Other Address-Gyeongju Factory |
1069,
Hwangseong-dong, Gyeongju-si, Gyeongsangbuk-do,Korea |
|
Tel |
+82-54-776-2511 |
|
Fax |
+82-54-776-0334 |
|
Other Address-Banyeo Factory |
161, Banyeo-dong, Haeundae-gu, Busan,
Korea |
|
Tel |
+82-51-522-4031 |
|
Fax |
+82-51-523-1276 |
|
Other Address-Anyang Factory |
191-1, Anyang 7-dong, Manan-gu, Anyang-si,
Gyeonggi-do, Korea |
|
Tel |
+82-31-467-8700 |
|
Fax |
+82-31-443-3654 |
|
Other Address-Ulsan Factory |
221, Seonam-dong, Nam-gu, Ulsan, Korea |
|
Tel |
+82-52-272-7211 |
|
Fax |
+82-52-269-4587 |
|
Other Address-Gumi Factory |
269, Gongdan-dong, Gumi-si,
Gyeongsangbuk-do, Korea |
|
Tel |
+82-54-463-4632 |
|
Fax |
+82-54-464-1324 |
|
Other Address-Petrochemical 1 Factory |
353-1, Yeocheon-dong, Nam-gu, Ulsan, Korea |
|
Tel |
+82-52-259-8615 |
|
Fax |
+82-52-260-6258 |
|
Other Address-Petrochemical 2 Factory |
355-10, Yeocheon-dong, Nam-gu, Ulsan,
Korea |
|
Tel |
+82-52-259-8670 |
|
Fax |
+82-52-260-6259 |
|
Other Address-Ungsang Factory |
6, Soju-ri, Ungsang-eup, Yangsan-si,
Gyeongsangnam-do, Korea |
|
Tel |
+82-55-385-2393 |
|
Fax |
+82-55-385-2393 |
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Other Address-Sinpyeong Factory |
653-4, Sinpyeong-dong, Saha-gu, Busan,
Korea |
|
Tel |
+82-51-204-0161 |
|
Fax |
+82-51-202-7556 |
|
Other Address-Busan Factory |
90, Guseo-dong, Geumjeong-gu, Busan, Korea |
|
Tel |
+82-51-582-3871 |
|
Fax |
+82-51-935-5497 |
|
Other Address |
Hungkuk Life Insurance Bldg., 226,
Sinmunno 1-ga, Jongno-gu, Seoul, Korea |
|
Tel |
+82-2-3406-0300 |
|
Fax |
|
|
Other Address-Daegu Factory |
2041-27, Bisan-dong, Seo-gu, Daegu, Korea |
|
Tel |
+82-53-356-0567 |
|
Fax |
+82-53-353-3346 |
|
Other Address-R&D Center |
462-3, Jeonmin-dong,
Yuseong-gu, Daejeon, Korea |
|
Tel |
+82-42-866-1000 |
|
Fax |
+82-42-862-2330 |
|
Type |
Import/Export |
|
Industry |
Man-Made Fibers Spinning |
|
Main Business |
Wholesale of Fibers and Yarns and Textiles |
|
Sub Business |
Polyester Yarn, Textile Fabrics,
Petrochemistry Product, Amplifier |
|
Established
(mm/dd/yyyy) |
09/15/1961 |
The Subject owns the premises of registered HQ address, Ulsan Factory,
Busan Factory, Gyeongju Factory, Gumi Factory, Sinpyeong Factory, Ungsang
Factory, Anyang Factory, Petrochemical 1 Factory, Petrochemical 2 Factory and
R&D Center.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Nylon fibers(11151502) |
|
Sell |
Chemicals including Bio Chemicals and Gas Materials(12000000) |
|
Sell |
Fibers(11151500) |
|
Sell |
Wool yarn(11151701) |
|
Sell |
Cotton yarn(11151702) |
|
Sell |
Audio and visual equipment(52161500) |
|
Sell |
Personal communication devices(43191500) |
|
Sell |
Blankets(52121508) |
|
Sell |
Radio access equipment(43221705) |
|
Sell |
Home stereo systems(52161510) |
|
Sell |
Synthetic fabrics(11161800) |
|
Sell |
Wool fabrics(11161600) |
|
Sell |
Acrylic fibers(11151504) |
CEO’s
|
Name |
Lee Ho-Jin |
|
Address |
- |
|
Date of Birth |
12/08/1962 |
|
Title |
Chairman & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
5,567,000,000 |
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|
Employees |
1,217 |
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|
Formation |
Listed Company (Korea Stock Exchange :
003240) as of 12/27/1975 A Company of TAEKWANG INDUSTRIAL GROUP |
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Bank Details |
Shinhan Bank-Toeikyei Ro Branch |
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Corporate Registered No. |
110111-0185276 |
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Business Registered No. |
203-81-43626 |
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Permit & Licenses |
03/1994 ISO 9002 Int’l Trade No.: 670870 |
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Shareholder Position |
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Company History |
08/03/2007 Inauguration of the sixth
president Oh Yong-Il 01/02/2004 Inauguration of the fifth
president Lee Hwa-dong 12/12/2003 Established Taekwang Synthetic
Fiber Ltd. (Changshu) in China for producing spandex 04/24/2003 Established Shanghai Office 04/16/1999 Revamping of 400,000 tons of
PTA 04/21/1997 Completed Petrochemical No. 3
plant (AN) 04/08/1997 Completed Petrochemical No. 2
plant (Propylene) 01/03/1997 Inauguration of the 4th
president Lee Ho-jin 07/07/1995 Completed Petrochemical No. 1
plant (PTA) 02/28/1994 Merged Kwangjin Textile
Industries Co., Ltd. 06/20/1993 Awarded for the Most
outstanding enterprise 03/01/1993 Founded the Taekwang Central
Research Center (Daedeok Research Complex) 11/05/1992 Established Ungsang worsted
spinning factory 02/01/1992 Established Shinpyung factory 03/20/1991 Completed Nylon plant 12/01/1990 Established Kyungju factory 08/10/1988 Completed Carbon fiber plant 02/01/1988 Founded Taekwang Technology
Research Center 05/22/1987 Awarded for the Most
outstanding enterprise for Korean management grand prize 01/13/1987 Completed Kumi cotton spinning
factory 05/21/1986 Completed the Ulsan worsted
spinning factory 03/30/1986 Completely recover from fire in
Pusan factory 01/22/1986 Acquired the permit for the
Hong Kong office 04/28/1985 Fire of Pusan factory to
completely lose 59,848 worsted spindles 12/27/1983 Taekwang Electronics is Merged
into the Taekwang Electronics Dept. completed Anyang factory 02/10/1982 Opened branch office in Osaka,
Japan 12/22/1981 Awarded for the tower of 100
million dollar export 06/17/1980 Moved the head office (162-1
Jangchung-dong 2-ga, Jung-gu, Seoul) 02/22/1980 Inauguration of the third
president Lee Ki-hwa 07/31/1979 Completed Banyeo worsted
spinning factory 02/10/1979 Completed Spandex plant 07/01/1977 Established Banyeo cotton
spinning factory 12/27/1975 IPO of Taekwang 09/01/1975 Moved the head office to KAL
Building in Seoul 11/20/1973 Inauguration of the second
president Kim Jin-ha 08/02/1971 Organized women's volleyball
team of Taekwang 08/01/1971 Merged Dongyang Textile into
Taekwang Ulsan plant 08/27/1969 Moved the head office to
Dongrae, completed Pusan factory 03/12/1969 Registered the trademark of
'Acelan' 11/09/1968 Registered the trademark of
'Taekwang Industrial Co., Ltd.' 04/20/1967 Completed and operated Ulsan
acryl plant (daily production of 6 tons) 08/02/1966 Registered the trademark of
'PIGEON TEX' 11/01/1963 Moved the head office to Gaya,
completed Gaya factory 09/15/1961 Established Taekwang Industrial
Co., Ltd. as a legal entity, the first president of Lee Eam-yong taking the
office 07/01/1954 Established Taekwang Industry 10/10/1953 Fully acquired Dongyang
Industry 10/25/1950 Invested in Dongyang Industry,
the mother company of Taekwang |
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education/Career |
|
Chairman
& CEO |
Mr. |
Lee Ho-Jin |
Korean |
1962.12.08 |
Seoul
National University / Executive Director of HUNGKUK LIFE INSURANCE CO., LTD. |
|
President & CEO |
Mr. |
Oh Yong-Il |
Korean |
1950.02.17 |
President of HEUNGKUK FIRE & MARINE INSURANCE CO., LTD. |
|
Vice President & CEO |
Mr. |
Lee Sang-Hoon |
Korean |
1952.12.20 |
President of Basf Korea |
|
Auditor |
Mr. |
Bae Jin-Koo |
Korean |
1954.12.09 |
Yonsei University, Korea |
|
Outside Director |
Mr. |
Yu Kook-Hyung |
Korean |
1941.10.06 |
Executive Director of DONGMUNDANG P&I |
|
Outside Director |
Mr. |
Nam Ik-Hyun |
Korean |
1963.03.07 |
Prof. of Seoul National University |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
808,564,500,479 |
2,679,632,000,820 |
127,892,510,172 |
|
|
2010 |
2,581,534,743,462 |
1,990,872,081,899 |
273,790,592,154 |
|
2009 |
1,963,651,327,768 |
1,829,994,599,767 |
342,556,620,065 |
|
2008 |
1,832,383,517,042 |
1,684,339,730,789 |
(-)53,472,478,264 |
|
2007 |
1,266,798,817,948 |
1,670,152,983,614 |
40,888,543,428 |
|
2006 |
1,207,678,313,592 |
1,605,823,030,981 |
(-)52,559,772,812 |
|
2005 |
1,236,915,858,740 |
1,631,743,079,265 |
22,407,066,832 |
|
2004 |
1,306,233,997,555 |
1,622,574,991,302 |
70,147,093,476 |
|
2003 |
1,150,093,278,437 |
1,505,534,949,899 |
33,241,219,508 |
(*)03/2011 ‘s figures are based on the K-IFRS Accounting System.
Financial Description
|
Authorized Capital(KRW) |
8,000,000,000 |
|
Paid-Up Capital(KRW) |
5,567,000,000 |
|
Total Issues Shares |
1,113,400 |
Balance Sheet
|
Unit : Korean Won |
01/01/2011~03/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total Assets |
2,679,632,000,820 |
2,163,180,768,272 |
|
|
Current Assets |
1,234,209,183,167 |
736,240,103,543 |
|
|
Cash & Cash
Equivalents |
43,569,641,808 |
36,851,880,577 |
|
|
Short-Term
Receivables |
426,058,471,025 |
35,683,911,025 |
|
|
Trade Receivables
& Other Receivables |
510,516,243,830 |
425,929,355,805 |
|
|
Other Current Assets |
21,091,816,659 |
16,158,463,941 |
|
|
Inventories |
232,973,009,845 |
221,616,492,195 |
|
|
Non-Current Assets |
1,445,422,817,653 |
1,426,940,664,729 |
|
|
Non-Current Financial
Instruments |
16,254,793,622 |
15,509,378,585 |
|
|
Investment_Real
Estates |
552,528,115,792 |
546,601,265,792 |
|
|
Marketable Financial
Instruments |
74,890,653,827 |
91,031,303,016 |
|
|
Other Financial Instruments |
40,196,435,000 |
40,196,435,000 |
|
|
Tangibles |
659,955,563,761 |
639,498,876,460 |
|
|
Investment_Stocks |
43,764,791,157 |
43,895,637,268 |
|
|
Intangibles |
46,054,469,567 |
37,973,257,447 |
|
|
Other Non-Current
Assets |
11,777,994,927 |
12,234,511,161 |
|
|
Total
Liabilities |
631,212,638,169 |
234,272,765,975 |
|
|
Current Liabilities |
606,955,218,304 |
207,158,611,803 |
|
|
Trade Payables |
311,742,256,689 |
106,893,513 |
|
|
Short-Term Borrowings |
123,901,297,437 |
128,901,379,839 |
|
|
Account Payables |
105,900,093,233 |
66,737,469,628 |
|
|
Other Current
Liabilities |
65,411,570,945 |
11,412,868,823 |
|
|
Non-Current Liabilities |
24,257,419,865 |
27,114,154,172 |
|
|
Other Non-Current
Debts |
6,460,037,250 |
6,220,618,565 |
|
|
Confirmed Salaries |
4,344,063,572 |
3,313,024,417 |
|
|
Deferred Income Tax
Credit |
13,453,319,043 |
17,580,511,190 |
|
|
Capital Stock |
5,567,000,000 |
5,567,000,000 |
|
|
Capital Surplus |
11,312,374,006 |
11,312,374,006 |
|
|
Capital Adjustment |
-114,947,968,675 |
-114,947,968,675 |
|
|
Others |
8,386,781,688 |
15,295,077,256 |
|
|
Profit Surplus |
2,138,101,175,632 |
2,011,681,519,710 |
|
|
Total Equity |
2,048,419,362,651 |
1,928,908,002,297 |
|
|
Liab. & Shareholder’s Equity |
2,679,632,000,820 |
2,163,180,768,272 |
|
|
Balance Sheet |
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
1,990,872,081,899 |
1,829,994,599,767 |
1,684,339,730,789 |
|
Current Assets |
601,181,493,326 |
514,369,961,719 |
295,896,959,735 |
|
-Quick Assets |
379,565,001,131 |
370,399,859,029 |
189,723,018,179 |
|
-Inventories |
221,616,492,195 |
143,970,102,690 |
106,173,941,556 |
|
Fixed Assets |
1,389,690,588,573 |
1,315,624,638,048 |
1,388,442,771,054 |
|
-Investment |
678,235,124,685 |
695,799,279,909 |
519,654,216,647 |
|
-Tangibles |
664,628,069,589 |
579,333,394,292 |
827,766,379,512 |
|
-Intangibles |
0 |
211,960 |
1,782,316 |
|
-Others |
46,827,394,299 |
40,491,751,887 |
41,020,392,579 |
|
Total Liabilities |
89,484,065,402 |
149,370,730,343 |
310,705,917,865 |
|
Current Liabilities |
76,563,352,013 |
123,778,728,646 |
266,672,403,340 |
|
Fixed Liabilities |
12,920,713,389 |
25,592,001,697 |
44,033,514,525 |
|
Capital Stock |
5,567,000,000 |
5,567,000,000 |
5,567,000,000 |
|
Capital Surplus |
652,248,435,532 |
652,248,435,532 |
652,248,435,532 |
|
Profit Surplus |
1,373,331,819,296 |
1,101,014,081,392 |
759,719,907,827 |
|
Capital Adjustment |
-129,759,238,331 |
-78,205,647,500 |
-43,901,530,435 |
|
Total Equity |
1,901,388,016,497 |
1,680,623,869,424 |
1,373,633,812,924 |
|
Liab. &
Shareholder’s Equity |
1,990,872,081,899 |
1,829,994,599,767 |
1,684,339,730,789 |
Income
Statement
|
Unit : Korean
Won |
01/01/2011~03/31/2011 |
As of
12/31/2010 |
As of
12/31/2009 |
|
Sales |
808,564,500,479 |
|
|
|
Cost of Sold Goods |
632,192,510,324 |
|
|
|
Gross Profit |
176,371,990,155 |
|
|
|
Selling &
Admin. Expenses |
22,401,357,634 |
|
|
|
Other Operating
Income |
9,342,021,432 |
|
|
|
Other Operating
Expenses |
-11,369,953,039 |
|
|
|
Operating Income |
151,942,700,914 |
|
|
|
Finance Income |
19,494,656,473 |
|
|
|
Finance Expenses |
-10,210,649,388 |
|
|
|
Income Before
Taxes |
161,226,707,999 |
|
|
|
Income Taxes
Expenses |
33,334,197,827 |
|
|
|
Net Income |
127,892,510,172 |
|
|
|
Income Statement |
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
2,581,534,743,462 |
1,963,651,327,768 |
1,832,383,517,042 |
|
Cost of Sold Goods |
2,082,202,620,345 |
1,711,766,272,452 |
1,749,659,827,842 |
|
Gross Profit |
499,332,123,117 |
251,885,055,316 |
82,723,689,200 |
|
Selling & Admin. Expenses |
93,369,139,915 |
81,371,172,171 |
70,691,026,408 |
|
Operating Income |
405,962,983,202 |
170,513,883,145 |
12,032,662,792 |
|
Non-Operating Income |
137,571,861,480 |
370,811,722,132 |
133,304,821,320 |
|
Non-Operating Expenses |
144,645,914,622 |
122,638,184,732 |
202,820,892,023 |
|
Income Before Taxes |
398,888,930,060 |
418,687,420,545 |
-57,483,407,911 |
|
Income Taxes Expenses |
125,098,337,906 |
76,130,800,480 |
-4,010,929,647 |
|
Net Income |
273,790,592,154 |
342,556,620,065 |
-53,472,478,264 |
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 |
422,346,621,671 |
|
|
|
Net
Income |
127,892,510,172 |
|
|
|
Adjustment |
45,241,870,023 |
|
|
|
Changes
in Asset/ & Liability |
249,212,241,476 |
|
|
|
Cash
Flows from Investing |
-410,911,754,005 |
|
|
|
Cash
Flows from Financing |
-4,794,429,781 |
|
|
|
Increase/Decrease
in Cash |
6,640,437,885 |
|
|
|
Cash
at the Beginning of Year |
36,851,880,577 |
|
|
|
Cash at the End of Year |
43,569,641,808 |
|
|
|
Cash Flows |
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows from Operating |
189,233,301,884 |
-38,181,287,909 |
66,115,318,596 |
|
-Net Income |
273,790,592,154 |
342,556,620,065 |
-53,472,478,264 |
|
-Exp. without Cash Outflow |
102,615,768,929 |
95,322,400,703 |
146,501,389,534 |
|
-Revenue without Cash Inflows |
-40,474,803,704 |
-278,696,942,034 |
-36,418,109,779 |
|
-Changes in Asset/ & Liability |
-146,698,255,495 |
-197,363,366,643 |
9,504,517,105 |
|
Cash Flows from Investing |
-234,452,370,986 |
188,390,351,021 |
-154,678,030,912 |
|
-Cash Inflow from Investing |
118,495,218,090 |
761,568,768,371 |
24,082,480,732 |
|
-Cash Outflows for Investing |
-352,947,589,076 |
-573,178,417,350 |
-178,760,511,644 |
|
Cash Flows from Financing |
-26,480,762,209 |
-87,962,267,360 |
97,124,883,415 |
|
-Cash Inflows from Financing |
9,100,401 |
48,829,437,490 |
195,145,891,465 |
|
-Cash Outflows from Financing |
-26,489,862,610 |
-136,791,704,850 |
-98,021,008,050 |
|
Increase/Decrease in Cash |
-71,699,831,311 |
62,246,795,752 |
8,562,171,099 |
|
Cash at the Beginning of Year |
108,551,711,888 |
46,304,916,136 |
37,742,745,037 |
|
Cash at the End of Year |
36,851,880,577 |
108,551,711,888 |
46,304,916,136 |
Products, Technologies, Services Description
|
Main Products & Services |
DIVISION OF PETROCHEMICAL PTA : Petrochemical #1 Plant Propylene : Petrochemical #2 Plant AN : Petrochemical #3 Plant NaCN : Petrochemical #3 Plant DIVISION OF SYNTHETIC FIBER Acryl : Ulsan Plant Nylon : Ulsan Plant Spandex : Ulsan Plant Polyester : Ulsan Plant DIVISION OF SPINNING Cotton Spinning : Banyeo factory, Kumi
factory, Kyungju factory Worsted Spinning : Pusan factory, Ungsang
factory DIVISION OF FABRIC MANUFACTURING Cotton Fabric : Kyungju factory Worsted Fabric : Pusan factory Polyester Fabric : Kyungju factory Tricot Fabric : (Seohan Moolsan) Blanket : Pusan factory DIVISION OF DYEING AND FINISHING Cotton Finishing : Shinpyung factory Worsted Finishing : Pusan factory Polyester Finishing : Taegu factory Tricot Finishing : Shinpyung factory Blanket Finishing : Pusan factory DIVISION OF ELECTRONICS Audio, communication : Anyang factory R & d Fundamental Technology, New Material :
Central Research Institute Brand Name: ACELAN, TAEKWANG |
Trade Partners & Competitors
|
Suppliers |
CAPRO CORPORATION(110111-0111825) GS-CALTEX CORPORATION(110111-0078819) SK GAS LTD.(110111-0413247) SAMSUNG FINE CHEMICALS CO., LTD.(181211-0000013) |
|
Competitors |
PTA SAMSUNG PETROCHEMICAL CO., LTD.(181211-0000435) SAMNAM PETROCHEMICAL CO., LTD.(110111-0557061) N/F KOLON INDUSTRIES INC.(110111-0030528) HYOSUNG CORPORATION(110111-0030497) |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates |
-FIBER,
TEXTILE & PETROCHEMICAL TAEKWANG
INDUSTRIAL CO., LTD. DAEHAN
SYNTHETIC FIBER CO., LTD. SUNGKWANG
INDUSTRIAL CO., LTD. TAEKWANG
SYNTHETIC FIBER(CHANGSHU) CO., LTD. SEOHAN
PRODUCTS CO., LTD. YOODUCK
PRODUCTS CO., LTD. -MEDIA
COMMUNICATION & IT KOREA CABLE
TELEVISION ANYANG BROADCASTING CO., LTD. KOREA CABLE
TELEVISION CHEONAN BROADCASTING CO., LTD. KOREA CABLE
TELEVISION CHUNGBU BROADCASTING CO., LTD. KOREA CABLE
TELEVISION SUWON BROADCASTING CO., LTD. KOREA CABLE
TELEVISION NAMBUSAN BROADCASTING CO., LTD. KOREA CABLE
TELEVISION SEOHAE BROADCASTING CO., LTD. KOREA CABLE
TELEVISION KYUNGGI UNION NETWORK BROADCASTING CO., LTD. KYONGGI
CABLE NETWORK CO., LTD. HANVIT
I&B CO., LTD. HANVIT GINAM
BROADCASTING CO., LTD. HANVIT
NAKDONG BROADCASTING CO., LTD. HANVIT
DONGNAM BROADCASTING CO., LTD. HANVIT
SEOBUSAN BROADCASTING CO., LTD. HANVIT
CHONJU BROADCASTING CO., LTD. HANVIT
SAEROM BROADCASTING CO., LTD. NORTH BUSAN
CABLE NETWORK BROADCASTING CO., LTD. ON-CABLE
TELEVISION CO., LTD. DONGDAEMUN
CABLE NETWORKS BROADCASTING CO., LTD. INCHEON
CABLE TELEVISION NAMDONG BROADCASTING CO., LTD. KANGSEO
BROADCASTING CO., LTD. GS DIGITAL
CO., LTD. TAEKWANG
SYSTEMS CO., LTD. E-CHANNEL
CO., LTD. KOREA
DIGITAL CABLE MEDIA CENTER CO., LTD. ICN INCHON
BROADCASTING CO., LTD. -FINANCE HUNGKUK LIFE
INSURANCE CO., LTD. TAEKWANG
INVESTMENT TRUST MANAGEMENT CO., LTD. GORYO MUTUAL
SAVINGS BANK CO., LTD. TAEKWANG
REALCO CO., LTD. KOREA BOOKS
SUPPLY CO., LTD. TJ
INVESTMENT CO., LTD. -CULTURE
& EDUCATION ILJU
EDUCATIONAL FOUNDATION ILJU
ACADEMIC AND CULTURAL RESEARCH FOUNDATION TAEKWANG
TOURIST DEVELOPMENT CO., LTD. DONGLEEM
TOURIST DEVELOPMENT CO., LTD. IMAGE TEEM
CO., LTD. |
|
Overseas Office |
TAEKWANG SYNTHETIC FIBER(CHANGSHU) CO,.LTD. D BLK, TONGGANG INDUSTRIAL PARK, CHANGSHU
ECONOMIC DEVEL. ZONE, CHANGSHU CITY, JIANGSU, CHINA TEL :+86-512-5233-9000 FAX
:+86-512-5233-9099 SHANGHAI Office 1305, FAREAST INTERNATIONAL PLAZA B NO. 317
XIANXIA RD., SHANGHAI, CHINA TEL :+86-21-6235-1105 FAX :+86-21-5233-9909 TAEKWANG INDUSTRIAL GAESEONG CO., LTD. GAESEONG INDUSTRIAL COMPLEX BL-11-5 NORTH
KOREA TEL :+852-3406-0453 FAX :+852-2277-2058 |
|
Cooperative Enterprise |
PHILIPS D.V.A THOMSON DOLBY -Insured Company HEUNGKUK FIRE & MARINE INSURANCE CO., LTD.(110111-0016728) |
Sales by Region
(Activity & Markets)
|
Sales/ Unit :
Thousand KRW |
03/2011 |
2010 |
2009 |
|
Export |
709,610,183 |
2,315,976,487 |
1,755,732,074 |
|
Domestic |
94,984,267 |
254,154,072 |
189,074,115 |
|
Others |
3,970,050 |
11,688,699 |
18,845,139 |
|
Total |
808,564,500 |
2,581,819,258 |
1,963,651,328 |
The Subject deals
with the companies in China.
Court Action
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount (Million
KRW) |
Status |
|
|
Seoul Central District Court |
Lazard Korea Corporate Governance Fund, PLC(Grand Canal House, 1 Upper
Canal Street, Dublin 4, Ireland) |
The Subject Company |
Firing CEO(Lee Ho-Jin) and Director(Lee Sun-Ae) |
- |
Proceeding(Filed as of 10/20/2009) |
News Clipping
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.79 |
|
UK Pound |
1 |
Rs.75.06 |
|
Euro |
1 |
Rs.65.35 |
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.