MIRA INFORM REPORT
|
Report Date : |
24.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
LS CABLE & SYSTEM LTD. |
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Formerly Known As : |
LS CABLE LTD. |
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Registered Office : |
1026-6, Hogye 1-dong, Dongan-gu, Anyang-si, Gyeonggi-do, Korea, 12th Fl., LS Tower, Zip Code 431-848 |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
01.07.2008 |
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Com. Reg. No.: |
138-81-47634 |
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Legal Form : |
Co., Ltd by shares |
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Line of Business : |
Manufacture of Other Insulated Wire and Cable |
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No. of Employees
: |
2,335 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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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, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
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 |
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Company Name |
LS CABLE & SYSTEM LTD. (Ex. Company Name : LS CABLE
LTD.) (Korean Company Name : “엘에스전선(주)”) |
|
Registered Address |
1026-6, Hogye 1-dong, Dongan-gu,
Anyang-si, |
|
Building |
12th Fl., LS Tower |
|
Zip Code |
431-848 |
|
Tel |
+82-2-2189-9114 |
|
Fax |
+82-2-2189-9259 |
|
E-mail |
webmaster@lscable.com;kckim1@lscable.com;yjwon@lscable.com
st2010@lscable.com;choilje@lscable.com
|
|
Website |
|
|
Trading Address |
12th
Fl., LS Tower, 1026-6, Hogye 1-dong, Dongan-gu, Anyang-si, |
|
Tel |
+82-2-2189-9114 |
|
Fax |
+82-2-2189-9259 |
|
Other Address-Anyang Factory |
555,
Hogwe-dong, Dongan-gu, Anyang-si, Gyeonggi-do 431-831 |
|
Tel |
+82-31-428-4114 |
|
Fax |
+82-31-428-4033 |
|
Other Address-Gumi Factory |
190, Gongdan-dong, Gumi-si,
Gyeongsangbuk-do 730-708 |
|
Tel |
+82-54-469-7114 |
|
Fax |
+82-54-469-7100 |
|
Other Address-Indong Factory |
643
Jinpyeong-dong, Gumi-si, Gyeongsangbuk-do 730-735 |
|
Tel |
+82-54-469-7710 |
|
Fax |
+82-54-469-7055 |
|
Other Address-Donghae Factory |
1377, Songjeong-dong,
Donghae-si, |
|
Tel |
+82-33-820-3114 |
|
Fax |
+82-33-820-3029 |
|
Other Address-Jeongeup Factory |
938
3th Industrial Complex, Taegok-ri, Buk-myeon Jeongeup, Jeonbuk-do580-812 |
|
Tel |
+82-63-530-4114 |
|
Fax |
+82-63-530-4118 |
|
Other Address-Jeonju Factory |
778 Jeonju 3 Industrial Complex
Yongnam-ri, Bongdong-eup, Wanju-gun |
|
Tel |
+82-63-279-5114 |
|
Fax |
+82-63-279-5954 |
|
Other Address-R&D Center |
555 Hogwe-dong, Dongan-gu, Anyang-si, Gyeonggi-do
431-831 |
|
Tel |
+82-31-450-8114 |
|
Other Address-Busan Sales Office |
Floor No. 3, Busan Logistics Center of LS
Industrial Systems Co., Ltd.140-9, Gamjeon2-dong, Sasang-gu, |
|
Tel |
+82-51-310-6750 |
|
Fax |
+82-51310-6751 |
|
Other Address-Gwangju Sales Office |
115-26,
Yoo-dong, Buk-gu, |
|
Tel |
+82-62-523-5808 |
|
Other Address-Daejeon Sales Office |
624-1, Guam-dong, Yusung-gu, |
|
Tel |
+82-42-825-3090 |
|
Other Address-Daegu Sales Office |
9-10,
Dongmun-dong, Jung-gu, |
|
Tel |
+82-53-420-2800 |
|
Other Address-Chungnam Sales Office |
624-1, Guam-dong, Yusung-gu, |
|
Tel |
+82-42-825-3090 |
|
Other Address-Gyungsang Sales Office |
123,
Wongyo-ri, Hyunpoong-myun, Dalsung.gun, |
|
Tel |
+82-53-611-4870~71 |
|
Other Address-Jeolla Sales Office |
254-11, |
|
Tel |
+82-62-674-0941 |
|
Other Address-Chungju Sales Office |
Cheongju Tower 604, 1695, Yongam-dong,
Sangdang-gu, |
|
Tel |
+82-43-298-3642 |
|
Other Address-Gyunggi & Gwangwon Sales Office |
200,
Dangjeong-dong, Gunpo, |
|
Tel |
+82-31-450-3485 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Other Insulated Wire and
Cable |
|
Main Business |
Data Cable, Power Cable, Energy Cable,
Enameled Wire, Fiber Optical Attenuator, Optical Fiber Distribution Frame,
Optical Fiber Adaptor, Fiber Optical Connector |
|
Established (mm/dd/yyyy) |
07/01/2008 |
The Subject owns
the premises of registered HQ address, Anyang Factory, Gumi Factory and Indong Factory.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Electrical wire(26121500) |
|
Sell |
Electrical cable and accessories(26121600) |
|
Sell |
Connecting leads or wires(39121435) |
|
Sell |
Coaxial cable(26121606) |
|
Sell |
Insulated or covered wire(26121524) |
|
Sell |
Electrical cable and accessories(26121600) |
|
Sell |
Network cable(26121609) |
|
Sell |
Fiber optic cable(26121607) |
|
Sell |
Air circulators(40101602) |
|
Name |
Koo Cha-Yol(Christopher) |
|
Date of Birth |
03/02/1953 |
|
Title |
Chairman & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Koo Cha-Yol(Christopher)/ Vice Chairman & CEO
Academic Background
Graduated from
Graduated from
Experience
Aug. 1978 ~Entered
LG International Corp.
Jan. 1990 Became a
director of LG International Corp. (Head of South-East Asia Branch)
Mar. 1992 Became
Executive Director of LG International Corp. (Head of
Apr. 1995 Became
Executive Director of LG Investment & Securities Co., Ltd. (International
Business)
Jan. 1997 Became Managing
Director of LG Investment & Securities Co., Ltd. (Sales)
Jan. 2000 Became
Vice President of LG Investment & Securities Co., Ltd. (Sales)
Mar. 2002 Became
Vice President & CEO of LG Cable (Chief Operating Officer: COO)
Jan. 2003 Became
President & CEO of LG Cable (COO)
Jan. 2004 Vice
Chairman & CEO of LS Cable(Changes company name to LS Cable)
|
Capital (KRW) |
115,000,000,000 |
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|
Employees |
2,335 |
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|
Formation |
Co., Ltd by shares A Company of LS Business Group |
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|
Bank Details |
S.C. First Bank of Korea- Myeong-Dong
Branch Address: 2F COSMOS, 83-5, MYEONGDONG 2-GA,
JUNG-GU, Tel: 82-2-777-0411 Fax 82-2-775-2470 |
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|
Corporate Registered No. |
134111-0168357 |
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|
Business Registered No. |
138-81-47634 |
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Permit & Licenses |
Int’l Trade No.: 942388 |
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Shareholder Position |
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Company History |
05/1962 Established Korea Cable Industry
Co., Ltd. 04/1966 Completion of construction of
Anyang Plant 09/1966 The company merged into GoldStar Co. 01/1969 Incorporated as Goldstar Cable Ltd. 02/1971 Agrees to joint investment with
Hitachi Cable 05/1978 Completion of construction of Gumi
Plant of Goldstar Cable 08/1983 XLPE 154kV super-high pressure CV
power cables 11/1983 Acquires Gunpo Plant of 05/1986 Enters electronic connector
business 02/1992 Manufacture of 345kV OF cables for
the first time in 06/1997 Completes the construction of
LG-VINA Cable, a joint plant in 07/1999 Manufacture of world’s first 450km
optical pre-form 11/2003 Separated from LG Group 03/2005 Change of company name to LS Cable 09/2005 Completion of construction of LS
Industry Complex in Wuxi, China 07/2006 Completion of Jeonju Plant, Korea 11/2006 Starts construction a second cable
company in Ho Chi Minh, Vietnam 12/2007 Established No. 2 cable factory in
Ho Chi Minh, Vietnam 07/2008 Moved head office to LS Tower,
Anyang City 07/01/2008
Separated three companies, (1) LS CORP.(110111-0003965) with Investment Business,
(2) LS MTRON LTD.(134111-0168349) with Machinery Manufacturing Business, and
(3) the Subject Company, LS CABLE LTD., with Cable Manufacturing Business 08/04/2008
Acquired Superior Essex-USA 07/01/2008
Moved to the present HQ address from 19-21FL. Asem Tower, 159-1
Samseong-Dong, Gangnam-Gu, Seoul, Korea 07/09/2009
Agreed to supply QPS System and Soft Switches to Sinatel Company
Limited(IRAQ) 2010 Changed
English company name to LS CABLE & SYSTEM LTD., from LS CABLE LTD.,
without changing Korean company name |
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Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education/Career |
|
Chairman & CEO |
Mr. |
Koo Cha-Yol |
Korean |
03/02/1953 |
Korea University, Korea |
|
President & CEO |
Mr. |
Sohn Jong-Ho |
Korean |
01/08/1952 |
Seoul National University, Korea |
|
President & COO |
Mr. |
Koo Ja-Eun |
Korean |
10/1964 |
Chicago University, USA |
|
Sr. Executive Director & CFO |
Mr. |
Myung Noh-Hyun |
Korean |
07/30/1961 |
LS Cable |
|
Auditor |
Mr. |
Koo Ja-Yun |
Korean |
02/07/1951 |
Graduated School of ENSIEG |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
4,798,297,000,000 |
3,698,485,000,000 |
-65,415,000,000 |
|
|
(*)2010 |
3,868,365,000,000 |
3,352,395,000,000 |
63,991,000,000 |
|
2009 |
3,106,494,000,000 |
3,165,241,000,000 |
72,619,000,000 |
|
2008 |
1,477,274,000,000 |
3,116,295,000,000 |
(-)153,094,000,000 |
|
2007 |
3,164,411,000,000 |
3,192,166,000,000 |
183,962,000,000 |
|
2006 |
2,907,683,000,000 |
2,826,355,000,000 |
215,307,000,000 |
|
2005 |
2,479,976,000,000 |
2,467,421,000,000 |
112,198,000,000 |
|
2004 |
2,428,695,771,000 |
2,259,857,535,000 |
117,829,514,000 |
|
2003 |
1,939,661,763,000 |
1,892,117,461,000 |
58,330,416,000 |
(*)2010 and 2011’s figures are
based on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
350,000,000,000 |
|
Paid-Up Capital(KRW) |
115,000,000,000 |
|
Total Issued Shares |
23,000,000 |
Balance
Sheet
|
|||
|
Unit : Million Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total Assets |
3,698,485 |
3,352,395 |
|
|
Current Assets |
1,737,316 |
1,407,590 |
|
|
Cash & Cash Equivalents |
28,490 |
28,390 |
|
|
Deposits |
333,287 |
151,300 |
|
|
Trade Receivables |
835,468 |
732,720 |
|
|
Other Receivables |
31,774 |
27,393 |
|
|
Derivatives |
18,207 |
76,210 |
|
|
Confirmed Agreement Assets |
35,300 |
27,473 |
|
|
Inventories |
257,047 |
286,254 |
|
|
Other Current Assets |
197,743 |
77,850 |
|
|
Non-Current Assets to be sold |
9,751 |
- |
|
|
Non-Current Assets |
1,951,418 |
1,944,805 |
|
|
Tangibles |
784,836 |
794,550 |
|
|
Intangibles |
38,680 |
43,793 |
|
|
Investment_Real Estates |
349,356 |
350,731 |
|
|
Deposits |
21 |
17 |
|
|
Trade Receivables |
- |
89 |
|
|
Other Receivables |
25,746 |
25,386 |
|
|
Marketable Financial Instruments |
17,105 |
16,572 |
|
|
Derivatives |
32,243 |
34,475 |
|
|
Confirmed Agreement Assets |
3,767 |
158 |
|
|
Investment_Subsidiaries |
697,447 |
676,346 |
|
|
Other Non-Current Assets |
2,217 |
2,688 |
|
|
Total Liabilities |
2,922,757 |
2,512,208 |
|
|
Current Liabilities |
1,610,536 |
1,551,669 |
|
|
Trade Payables |
649,647 |
593,272 |
|
|
Short-Term Borrowings |
671,560 |
604,157 |
|
|
Derivatives |
42,521 |
30,190 |
|
|
Confirmed Agreement Assets |
10,647 |
70,007 |
|
|
Other Payables |
158,142 |
131,487 |
|
|
Deferred Income Tax Credit |
- |
14,103 |
|
|
Other Current Liabilities |
78,019 |
108,453 |
|
|
Non-Current Liabilities |
1,312,221 |
960,539 |
|
|
Long-Term Borrowings |
1,265,712 |
905,077 |
|
|
Derivatives |
4,229 |
940 |
|
|
Confirmed Agreement Assets |
617 |
1,316 |
|
|
Confirmed Salaries |
9,688 |
11,955 |
|
|
Deferred Income Tax Credit |
25,860 |
40,956 |
|
|
Other Payables |
6,115 |
295 |
|
|
Capital Stock |
115,000 |
115,000 |
|
|
Capital Surplus |
744,873 |
768,189 |
|
|
Profit Surplus |
-88,957 |
-44,771 |
|
|
Others |
4,812 |
1,769 |
|
|
Total Equity |
775,728 |
840,187 |
|
|
Liab. & Shareholder’s Equity |
3,698,485 |
3,352,395 |
|
|
Balance Sheet |
|||
|
Unit : Million Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
3,319,805 |
3,165,241 |
3,116,295 |
|
Current Assets |
1,392,538 |
1,260,186 |
1,324,559 |
|
-Quick Assets |
1,106,284 |
1,055,888 |
1,145,357 |
|
-Inventories |
286,254 |
204,298 |
179,202 |
|
Fixed Assets |
1,927,267 |
1,905,055 |
1,791,736 |
|
-Investment |
679,523 |
678,012 |
523,042 |
|
-Tangibles |
1,145,282 |
1,102,435 |
987,553 |
|
-Intangibles |
33,427 |
33,506 |
37,827 |
|
-Others |
69,035 |
91,102 |
243,314 |
|
Total Liabilities |
2,465,507 |
2,529,215 |
2,500,867 |
|
Current Liabilities |
1,528,119 |
1,566,005 |
1,357,836 |
|
Fixed Liabilities |
937,388 |
963,210 |
1,143,031 |
|
Capital Stock |
115,000 |
100,000 |
100,000 |
|
Capital Surplus |
797,922 |
644,257 |
642,598 |
|
Profit Surplus |
-23,316 |
-82,698 |
153,094 |
|
Capital Adjustment |
-35,308 |
-25,533 |
25,924 |
|
Total Equity |
854,298 |
636,026 |
615,428 |
|
Liab. & Shareholder’s Equity |
3,319,805 |
3,165,241 |
3,116,295 |
|
Current
Liabilities |
1,528,119 |
1,566,005 |
1,357,836 |
|
Trade Payables |
593,272 |
499,764 |
299,359 |
|
Short-Term Borrowings |
322,750 |
345,746 |
580,558 |
|
Account Payables |
90,242 |
70,887 |
72,791 |
|
Advance Receipts |
67,081 |
28,622 |
13,092 |
|
Withholdings |
12,556 |
8,063 |
10,581 |
|
Accrued Expenses |
39,081 |
39,654 |
29,116 |
|
Accrued Income Tax |
14,103 |
- |
8,814 |
|
Current Portion of Long-Term Debts |
281,407 |
484,947 |
100,669 |
|
Leasehold Deposit Received |
21 |
42 |
2,069 |
|
Provision for Construction Losses |
7,409 |
5,509 |
4,848 |
|
Derivatives |
30,190 |
13,139 |
231,344 |
|
Confirmed Agreement |
70,007 |
69,632 |
4,595 |
|
Fixed
Liabilities |
937,388 |
963,210 |
1,143,031 |
|
Debentures |
706,668 |
641,676 |
752,553 |
|
Long-Term Borrowings |
200,000 |
270,018 |
305,162 |
|
Derivatives |
940 |
4,069 |
18,793 |
|
Confirmed Agreement |
1,316 |
11,880 |
86 |
|
Provision for Severance & Retirement |
37,672 |
54,860 |
50,626 |
|
Non-Current Portion of Deferred Income Tax
Credit |
19,832 |
21,951 |
51,150 |
Income
Statement
|
|||
|
Unit : Million Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Sales |
4,798,297 |
3,868,365 |
|
|
Cost of Sold Goods |
4,544,804 |
3,518,575 |
|
|
Gross Profit |
253,493 |
349,790 |
|
|
Operating Expenses |
244,986 |
215,928 |
|
|
Selling & Admin. Expenses |
224,313 |
198,347 |
|
|
R&D |
20,673 |
17,581 |
|
|
Other Operating Income |
291,716 |
182,746 |
|
|
Other Operating Expenses |
315,631 |
166,486 |
|
|
Operating Income |
-15,408 |
150,122 |
|
|
Finance Income |
17,492 |
11,688 |
|
|
Finance Expenses |
92,690 |
90,159 |
|
|
Non-Operating Income |
11,511 |
4,848 |
|
|
Income Before Taxes |
-79,095 |
76,499 |
|
|
Income Taxes Expenses |
-13,680 |
12,508 |
|
|
Net Income |
-65,415 |
63,991 |
|
|
Income
Statement |
|||
|
Unit : Million Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
3,868,365 |
3,106,494 |
1,477,274 |
|
Cost of Sold Goods |
3,521,282 |
2,753,502 |
1,311,075 |
|
Gross Profit |
347,083 |
352,992 |
166,199 |
|
Selling & Admin. Expenses |
216,893 |
189,327 |
98,149 |
|
Operating Income |
130,190 |
163,665 |
68,050 |
|
Non-Operating Income |
269,113 |
528,080 |
616,941 |
|
Non-Operating Expenses |
329,498 |
601,781 |
852,904 |
|
Income Before Taxes |
69,805 |
89,964 |
-167,913 |
|
Income Taxes Expenses |
10,423 |
17,345 |
-14,819 |
|
Net Income |
59,382 |
72,619 |
-153,094 |
Cash
Flows
|
|||
|
Unit : Million Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Operating
Activities Cash Flows |
-181,053 |
-40,765 |
|
|
Cash Flows from Operating |
-89,013 |
31,476 |
|
|
Interests Received |
5,546 |
10,685 |
|
|
Dividends Received |
8,262 |
5,059 |
|
|
Interests Paid |
-85,373 |
-92,152 |
|
|
Income Taxes |
-20,475 |
4,167 |
|
|
Cash Flows from
Investing |
-237,942 |
218,728 |
|
|
Cash Flows from
Financing |
419,204 |
-159,605 |
|
|
Increase/Decrease in
Cash |
209 |
18,358 |
|
|
Cash at the Beginning
of Year |
28,390 |
10,089 |
|
|
Cash at the End of
Year |
28,490 |
28,390 |
|
|
Cash Flows |
|||
|
Unit : Million Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows from Operating |
77,557 |
336,183 |
115,394 |
|
-Net Income |
59,382 |
72,619 |
-153,094 |
|
-Exp. without Cash Outflow |
228,431 |
436,652 |
661,510 |
|
-Revenue without Cash Inflows |
-182,115 |
-392,390 |
-479,849 |
|
-Changes in Asset/ & Liability |
-28,141 |
219,302 |
86,827 |
|
Cash Flows from Investing |
7,241 |
-385,988 |
-430,915 |
|
-Cash Inflow from Investing |
126,150 |
40,857 |
3,565,745 |
|
-Cash Outflows for Investing |
-118,909 |
-426,845 |
-3,996,660 |
|
Cash Flows from Financing |
-66,497 |
43,113 |
323,262 |
|
-Cash Inflows from Financing |
445,400 |
477,962 |
714,855 |
|
-Cash Outflows from Financing |
-511,897 |
-434,849 |
-391,593 |
|
Increase/Decrease in Cash |
18,301 |
-6,692 |
7,741 |
|
Cash at the Beginning of Year |
10,089 |
16,781 |
9,040 |
|
Cash at the End of Year |
28,390 |
10,089 |
16,781 |
|
Main Products & Services |
Cables & Wires Fiber Optics -Optical Components -Optical Fiber -Optical Fiber Cable Data Cables -Coaxial Cable -LAN Cable Energy Cables -EHV High Voltage Cable -Medium / Low Voltage Cable -Over Head Transmission Line Shipboard & Offshore Cable Control & Electronics -Automotive Wire -Control Instrument Cable -Electronic Wire Enameled Wires -LITZ -Multiple Coated -Single Coated |
|
Suppliers |
LS GLOBAL INC.(110111-3359985) 1026-6, HOGYE 1-DONG, DONGAN-GU, ANYANG-SI,
GYEONGGI-DO, KOREA TEL:+82-2-2189-9156 FAX:+82-2-2189-9159 INDUSTRY: WHOLESALE OF METAL ORES LG INTERNATIONAL CORP(110111-0004632) 12TH FL., LG TWIN TOWER EAST ANNEX, 20,
YEOUIDO-DONG, YEONGDEUNGPO-GU, SEOUL, KOREA TEL:+82-2-3773-5114 FAX:+82-2-3773-5273 INDUSTRY: WHOLESALE OF NON-SPECIALIZED GOODS POSCO 1, GOEDONG-DONG, NAM-GU, POHANG-SI,
GYEONGBUK-DO 790-704 KOREA TEL: +82-54-220-0114 FAX: +82-54-220-6000 INDUSTRY: MANUFACTURE OF BASIC IRON AND
STEEL CHANGWON SPECIALTY STEEL CO., LTD. 65, SINCHON-DONG, CHANGWON-SI, GYEONGNAM-DO
641-370 KOREA TEL: +82-55-269-6114 FAX: +82-55-269-6900 INDUSTRY: MANUFACTURE OF STEEL WIRE ATEC ENGINEERING CO., LTD. 276-7, GAGOK-RI, JINWI-MYEON,
PYEONGTAEK-SI, GYEONGGI-DO 451-861 KOREA TEL: +82-31-660-9570 FAX: +82-31-660-9556 INDUSTRY: MANUFACTURE OF PRINTED CIRCUIT
BOARDS SUNGWOO TECHRON CO., LTD. 61-10, PALYONG-DONG, CHANGWON-SI,
GYEONGNAM-DO 641-847 KOREA TEL: +82-55-297-6511 FAX: +82-55-297-6510 INDUSTRY: MANUFACTURE OF OTHER ELECTRONIC
VALVES, TUBES AND ELECTRONIC COMPONENTS N.E.C. KOREA PLASMA TECHNOLOGY CO., LTD. 607B-25L, BANWOL INDUSTRIAL COMPLEX,
637-11, SEONGGOK-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO 425-833 KOREA TEL: +82-31-491-5695 FAX: +82-31-491-5698 INDUSTRY: METAL HEATING SERVICES TAE RYUK RUBBER BELT CO., LTD. 40-56, DAEHWA-DONG, DAEDEOK-GU, DAEJEON
307-802 KOREA TEL: +82-42-621-8983 FAX: +82-42-623-6015 INDUSTRY: MANUFACTURE OF INDUSTRIAL
UN-VULCANIZED RUBBER PRODUCTS |
|
Customers |
KOREA ELECTRIC POWER
CORPORATION(114671-0001456) KOREA ELECTRIC POWER BLDG., 167, SAMSEONG
1-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-3456-3114 FAX:+82-2-3456-4049 INDUSTRY: POWER TRANSMISSION SERVICES, POWER
DISTRIBUTION SERVICES KT CORPORATION(110111-1468754) 206, JEONGJA-DONG, BUNDANG-GU, SEONGNAM-SI,
GYEONGGI-DO, KOREA TEL:+82-31-727-0114 FAX:+82-31-750-3543 INDUSTRY: TRUNK CALL, HIGH SPEED INTERNET
SERVICES, INTERNATIONAL TELEPHONE CALL LG ELECTRONICS INC. LG TWIN TOWER, 20, YEOEUIDO-DONG,
YEONGDEUNGPO-GU, SEOUL 150-721 KOREA TEL: +82-2-3777-1114 FAX: +82-2-3777-5338 INDUSTRY: MANUFACTURE OF OTHER DOMESTIC
ELECTRIC APPLIANCES TRIGEM COMPUTER INC. 1055, SINGIL-DONG, DANWON-GU, ANSAN-SI,
GYEONGGI-DO 425-839 KOREA TEL: +82-31-489-3001 FAX: +82-31-489-3333 INDUSTRY: MANUFACTURE OF COMPUTER KOREA ELECTRIC POWER CORPORATION 167, SAMSUNG 1-DONG, GANGNAM-GU, SEOUL
135-882 KOREA TEL: +82-2-3456-3114 FAX: +82-2-3456-4049 INDUSTRY: ELECTRIC POWER GENERATION HYNIX SEMICONDUCTOR INC. SAN 136-1, AMI-RI, BUBAL-EUP, ICHEON-SI,
GYEONGGI-DO 467-866 KOREA TEL: +82-31-630-4114 FAX: +82-31-630-4103 INDUSTRY: MANUFACTURE OF DIODES,
TRANSISTORS AND SIMILAR SEMI-CONDUCTOR DEVICES |
|
Competitors |
TAIHAN ELECTRIC WIRE CO.,LTD(110111-0035835) 113-119, SIHEUNG 1-DONG, GEUMCHEON-GU,
SEOUL 153-839 KOREA TEL: +82-2-890-9114 FAX: +82-2-892-9387 GAON CABLE CO.,LTD.(134111-0000567) 166, GEUMJEONG-DONG, GUNPO-SI, GYEONGGI-DO,
KOREA TEL:+82-31-459-6222 FAX:+82-31-454-1916 ILJIN ELECTRIC CO.,LTD.(134811-0159279) 112-83, ANNYEONG-DONG, HWASEONG-SI,
GYEONGGI-DO, KOREA TEL:+82-31-220-0500 FAX:+82-31-220-0789 KUKDONG ELECTRIC WIRE
CO.,LTD.(115211-0000609) 370-95, YONGJEONG-RI, CHOPYEONG-MYEON,
JINCHEON-GUN, CHUNGBUK-DO 365-863 KOREA TEL: +82-43-530-2000~1 FAX: +82-43-530-2140 |
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
LS CORP.(110111-0003965) LS INDUSTRIAL SYSTEMS CO.,
LTD.(110111-0520076) LS MTRON LTD.(134111-0168349) LS-NIKKO COPPER INC.(230111-0058436) GAON CABLE CO., LTD(134111-0000567) E1 CORPORATION(110111-0381387) YESCO CO., LTD(110111-0290778) LS NETWORKS CORPORATION
LIMITED(180111-0044717) YESCO SERVICE CO., LTD(110111-1030082) KOSPACE CO., LTD.(134411-0012243) CARBONIX, INC(171711-0036242) E&R INC.(164411-0005052) DAEHAN GM CORPORATION(110111-0613045) CASCO CO.,LTD(210111-0047938) LS ASSET MANAGEMENT CO.,
LTD.(110111-1896137) E1 CONTAINER TERMINAL CO.,
LTD.(120111-0432039) E1 LOGISTICS CORPORATION(124611-0257243) KJ MOTORRAD(110111-3740499) DONGBANG CITY GAS INDUSTRY CO.,
LTD.(141111-0011979) GRM CO., LTD(154611-0008012) OD CAMP CO., LTD.(110111-2839417) |
|
Subsidiary |
LS GLOBAL INCORPORATED.,
LTD.(110111-3359985) (51.0% HELD BY THE SUBJECT COMPANY) POUNTEK LTD.(151111-0022867) (51.0% HELD BY THE SUBJECT COMPANY) GLOBAL CABLE INC.(130111-0008797) (98.23% HELD BY THE SUBJECT COMPANY) ALUTEK LTD.(110111-1479909) (100.0% HELD BY THE SUBJECT COMPANY) JS CABLE CO., LTD(124311-0004327) (78.70% HELD BY THE SUBJECT COMPANY) |
|
Subsidiary |
CYPRUS INVESTMENTS, INC. 6120 POWERS FERRY ROAD NW SUITE 150
ATLANTA, GA 30339 LS-VINA SOUTH OF BINH BRIDGE STR. SO DAU
PRECINCT,HONG BANG DISTRICT, HAIPHONG CITY, VIETNAM LS CABLE(HUBEI) CO., LTD. NO.1 TANJIAHE ROAD, DIANJUN REGION,
YICHANG, HUBEI, CHINA LS CABLE(WUXI) CO., LTD. LS INDUSTRIAL PARK, XIN MEI ROAD, NATIONAL
HIGH-TECH INDUSTRIAL DEVELOPMENT ZONE, WUXI, 214028, CHINA LS CABLE INDIA PVT LTD. 101, FIRST FLOOR, PARK CENTRA, SECTOR-30,
GURGAON - 122 002, HARYANA INDIA NEW DELHI LS CABLE VIETNAM CO. LTD. NHON TRACH Ⅱ-LOCKHANG IZ, NHON TRACH DISTRICT, DONG NAI
PROVINCE, VIETNAM LS CABLE(TIANJIN) CO., LTD. EAST OF JING-JIN EXPRESS,YIXINGBU
ENTRANCE,BEICHIEN, TIANJIN, CHINA LS CABLE MALAYSIA LOT 1192, MUKIM 14, PERMATANG TINGGI, 1400
BUKIT MERTAJAM, PENANG, MALAYSIA LS CABLE AMERICA INC. 920 SYLVAN AVENUE, ENGLEWOOD CLIFFS,NJ
07670, U.S.A. LS INT'L TRADE (SHANGHAI) CO., LTD. 31ST FLOOR, GREAT WALL BUILDING, NO. 3000
NORTH ZHONGSHAN ROAD, SHANGHAI, 200063, CHINA LS CABLE UK LTD. ROOM 319,BUILDING 3,CHISWICK BUSINESS
PARK566, CHISWICK HIGH ROAD, LONDON, W45YA, U.K LS CABLE JAPAN LTD. HIGASHI-KAN 16F, AKASAKA TWIN TOWER 17-22,
2-CHOME AKASAKA, MINATO-KU, JAPAN |
|
Cooperative Enterprise |
-Insured Company LIG INSURANCE CO., LTD.(110111-0017859) -Technical Support from FURUKAWA ELECTRIC CO., LTD. |
(Activity & Markets)
|
Sales/ Unit :Mil KRW |
2011 |
2010 |
2009 |
|
Export |
17,158 |
16,402 |
|
|
Domestic |
30,825 |
22,282 |
|
|
Total |
47,983 |
38,684 |
|
The Subject exports
to USA, UK, Middle East, China, India, Thailand and Vietnam.
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
|
NKT |
The Subject Company |
Claim for Compensation form
Damages |
8,500,000 Euro |
Proceeding |
|
|
|
NKT |
The Subject Company |
Claim for Compensation form
Damages |
100,001,000 |
Proceeding |
|
|
|
Tens |
The Subject Company |
Confirmation on not existing of
loans |
140,000,200 |
Proceeding |
There are 7 cases
filed as Plaintiff(s)/ Creditor(s)/ Applicant(s) except for the above cases.
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.23 |
|
UK Pound |
1 |
Rs.84.16 |
|
Euro |
1 |
Rs.68.84 |
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.