MIRA
INFORM REPORT
|
Report Date : |
04.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
HYUNDAI
ELEVATOR CO., LTD. |
|
|
|
|
Registered Office : |
San
136-1, Ami-ri, Bubal-eup,
Icheon-si, Gyeonggi-do,
Korea 467-734 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
30.09.2011 |
|
|
|
|
Date of Incorporation : |
23.05.1984 |
|
|
|
|
Com. Reg. No.: |
134411-0001519 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacture of Elevators and Conveyor systems |
|
|
|
|
No. of Employees : |
1,181 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Good |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Exist |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Basic Information
|
Company
Name |
HYUNDAI
ELEVATOR CO., LTD. (Korean
Company Name : 현대엘리베이터(주)) |
|
Registered Address |
San
136-1, Ami-ri, Bubal-eup,
Icheon-si, Gyeonggi-do,
Korea |
|
Zip Code |
467-734 |
|
Tel |
+82-31-644-5114 |
|
Fax |
+82-31-637-8152 |
|
E-mail |
overseas@hyundaielevator.co.kr |
|
Website |
www.hyundaielevator.co.kr |
|
Trading Address |
Hyundai
Group Bldg., 1-7, Yeonji-dong, Jongno-gu,
Seoul, Korea |
|
Tel |
+82-2-3670-0500 |
|
Fax |
+82-2-3673-1785~6 |
|
Other Address-Jeonju Office |
13th Fl., Jeonbuk Bank Bldg., 669-2, Geumam 1-dong, Deokjin-gu, Jeonju-si, Jeollabuk-do, Korea |
|
Tel |
+82-63-278-3126~8 |
|
Fax |
+82-63-278-3129 |
|
Other Address-Incheon Office |
175-13, Galsan-dong, Bupyeong-gu,
Incheon, Korea |
|
Tel |
+82-32-505-0430~2 |
|
Fax |
+82-32-505-0433 |
|
Other Address-Busan Office |
248-10, Guseo-dong, Geumjeong-gu,
Busan, Korea |
|
Tel |
+82-51-512-6809 |
|
Fax |
+82-51-516-9876 |
|
Other Address-Daegu Office |
4th Fl., Gyeongbuk Ilbo,
286-2, Hyomok-dong, Dong-gu,
Daegu, Korea |
|
Tel |
+82-53-741-8064~5 |
|
Fax |
+82-53-755-5487 |
|
Other Address-Gwangju Branch |
5th Fl., Hyundai Bldg., 415-2, Nongseong-dong,
Seo-gu, Gwangju, Korea |
|
Tel |
+82-62-361-1633 |
|
Fax |
+82-62-361-1632 |
|
Other Address-Gangwon Office |
5th Fl., Jinmyeong Bldg., 1005-4, Gyo-dong, Gangneung-si, Gangwon-do, Korea |
|
Tel |
+82-33-647-2601 |
|
Fax |
+82-33-647-2633 |
|
Other Address-Ulsan Office |
5th Fl., Yeongdo Bldg., 657-1, Sinjeong-dong, Nam-gu, Ulsan, Korea |
|
Tel |
+82-52-272-2104 |
|
Fax |
+82-52-276-2542 |
|
Other Address-Macahng Office |
Rm. 1203, Hyundae Officetel,
59-2, Yangdeok 2-dong, Masan-si,
Gyeongsangnam-do, Korea |
|
Tel |
+82-55-255-6354 |
|
Fax |
+82-55-255-6355 |
|
Other Address-Daejeon Office |
188-15, Oryu-dong, Jung-gu,
Daejeon, Korea |
|
Tel |
+82-42-536-1045 |
|
Fax |
+82-42-534-8344 |
|
Other Address-Jeju Office |
291-44, Yeon-dong, Jeju-si,
Jeju-do, Korea |
|
Tel |
+82-64-744-9619 |
|
Fax |
+82-64-748-2523 |
|
Other Address-Cheonan Logistics Center |
235-2, Yongjeong-ri, Ipjang-myeon,
Seobuk-gu, Cheonan-si, Chungcheongnam-do, Korea |
|
Tel |
+82-41-582-7015∼7 |
|
Fax |
+82-41-582-7018 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Elevators and Conveyor systems |
|
Main Business |
Elevator, Escalator, Parking Equipment, Physical Distribution System,
Platform Screen Door, Moving Walk |
|
Sub
Business |
Manufacture of Metal Doors and Related Articles |
|
Established (mm/dd/yyyy) |
05/23/1984 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Commercial or industrial construction(72131600) |
|
Sell |
Liquid crystal display LCD panels or monitors(43211902) |
|
Sell |
Business and corporate management consultation services(80101500) |
|
Sell |
Lifting equipment and accessories(24101600) |
|
Sell |
Systems integration design(81111503) |
|
Sell |
Material handling machinery and equipment(24100000) |
|
Sell |
Elevators(24101601) |
|
Sell |
Escalator or walkways(24101626 |
|
Sell |
Doors(30171500) |
CEOs
|
Name |
Han Sang-Ho |
|
Date of Birth |
04/03/1956 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
53,662,565,000 |
|||||||||||||||||||||||||||||||||
|
Employees |
1,181 |
|||||||||||||||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange :
017800) as of 07/03/1996 A company of Hyundai Group |
|||||||||||||||||||||||||||||||||
|
Bank Details |
Korea Exchange Bank-Kye
Dong Branch |
|||||||||||||||||||||||||||||||||
|
Corporate Registered No. |
134411-0001519 |
|||||||||||||||||||||||||||||||||
|
Business Registered No. |
126-81-04267 |
|||||||||||||||||||||||||||||||||
|
Permit & Licenses |
12/1991 ISO 9001 (DNY) 04/1997 ISO 14001 (DNY) 08/1999 CE 07/2001 CE 02/2002 EM 03/2002 CE (DNY) 07/2002 GD 12/2004 ISO 9001 (DNY) 12/2004 ISO 14001 (DNY) 12/2005 CE (TUV) Intl Trade No: 847160 |
|||||||||||||||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||||||||||||||
|
Company History |
03/11/2010 Moved to the present Trading
address from 1-83, Dongsung-dong, Jongno-gu,
Seoul, Korea 12/2007 Certificated New Excellent Technology
for the capacitor-less invert control for driving elevator from the Ministry
of Science and Technology 10/2006 Certificated Korea Productivity
Award from Korea Productivity Center 12/2005 Certificated CE mark for material
handling system from TUV 02/2005 Selected one of the most admired
companies from the federation of Korean industries and the Seoul Economic
Daily 12/2004 Certificated ISO9001 and ISO14001
Certification from DNV for Platform Screen Doors 09/2003 Certificated Korea Productivity Award
from Korea Productivity Center 03/2002 Certificated CE Mark for all
elevator safety components from DNV 03/2002 Certificated EM Mark for
MRL(Machine-Room-Less) elevator from Korean Agency for technology &
standards 07/2001 Certificated CE Mark for elevator
from DNV 10/1999 Signed a contract for a technology
alliance with Japans Nabco for PSD (platform screen doors) 08/1999
Certificated CE Mark for escalator from DNV 03/1998 Certificated ISO 9001 and ISO 14001
certification from DNV for the Auto Parking Systems and Material Handling
Systems 04/1997 Certificated ISO 14001
environmental certification from DNV 12/1996 Certificated After Service
Certification from the Ministry of Trade and Commerce 08/1996 New office building in Seoul
completed 07/1996 Listed on the Korea Stock Exchange 11/1995 Distribution Center in Chonan completed 11/1995 Established joint venture in Shenyang, China 09/1995 Grand prize of Customer
Satisfaction & Management Innovation by K.M.A.C awarded 04/1995 Completed construction of Research
& Development Building at Ichon 09/1993 Established joint venture in the
Philippines 08/1993 Established joint venture in
Shanghai, China 12/1991 Certificated ISO 9001 certification
from DNV 04/1990 Established Material Handling
System Division 09/1989 Termination of joint venture with
Westinghouse 01/1988 Established Auto Parking System
Division 05/1984 Hyundai Elevator Co., Ltd.
established. Technical License Agreement signed by Hyundai and Westinghouse
to manufacture various kinds of elevators and escalators 01/1984 Agreement signed by Hyundai and
Westinghouse(U.S.A.) to establish a joint venture company 1984/05: Hyundai
Elevator Co., Ltd. established. Technical License Agreement signed by Hyundai
and Westinghouse to manufacture various kinds of elevators and escalators 1984/01 Agreement signed by Hyundai and
Westinghouse(U.S.A.) to establish a joint venture company |
Management
|
Job Description |
Title |
Name |
Sex |
Date of Birth |
Education |
|
Chairman |
M/S. |
Hyun Jeong-Eun |
Korean |
1955.01.26 |
Ewha Women's University |
|
Sr. Executive Director |
Mr. |
Noh Joo-Hyuck |
Korean |
1954.10.28 |
- |
|
President & CEO |
Mr. |
Han Sang-Ho |
Korean |
1956.04.03 |
Yonsei University, korea |
|
Vice President |
Mr. |
Ahn Hong-Hwan |
Korean |
1950.09.21 |
Seoul National University |
|
Director |
Mr. |
Jin Jeong-Ho |
Korean |
1966.01.07 |
The Washington University, MBA |
|
Outside Director |
Ph.D. |
Ham Seong-Deuk |
Korean |
1963.03.04 |
Carnegie Mellon University, USA |
|
Outside Director |
Ph.D. |
Ahn Tae-Sik |
Korean |
1956.03.21 |
Present Prof., of Seoul National University |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
627,883,083,153 |
1,432,493,285,630 |
-157,615,061,108 |
|
|
2010 |
835,389,175,281 |
1,458,334,535,255 |
139,628,238,723 |
|
2009 |
800,109,039,665 |
1,009,696,015,803 |
-209,111,350,537 |
|
2008 |
673,848,379,657 |
1,204,686,605,549 |
29,776,960,372 |
|
2007 |
564,581,265,768 |
993,847,210,481 |
149,775,935,081 |
|
2006 |
495,059,357,762 |
1,025,811,981,280 |
44,495,256,862 |
|
2005 |
473,019,017,251 |
561,609,043,749 |
83,948,120,499 |
|
2004 |
440,884,972,257 |
407,914,902,255 |
83,940,845,368 |
|
2003 |
358,168,256,632 |
409,357,074,434 |
28,346,513,978 |
(*)09/2011 s figures are based on the K-IFRS Accounting System.
Financial Description
|
Authorized Capital(KRW) |
100,000,000,000 |
|
Paid-Up Capital(KRW) |
53,662,565,000 |
|
Total Issues Shares |
10,732,513 |
Balance
Sheet
|
Unit :
Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total
Assets |
1,432,493,285,630 |
1,350,071,346,830 |
|
|
Current Assets |
556,929,046,456 |
537,054,502,337 |
|
|
Cash
& Cash Equivalents |
134,736,583,312 |
171,963,636,083 |
|
|
Current
Financial Instruments |
37,873,220,600 |
- |
|
|
Held to Maturity Financial Assets |
133,870,000 |
148,380,000 |
|
|
Trade
Receivables |
159,719,422,184 |
177,038,327,392 |
|
|
Other
Receivables-Construction |
129,636,750,454 |
110,200,233,886 |
|
|
Other
Receivables |
3,763,017,493 |
1,626,880,095 |
|
|
Derivatives |
10,181,559,096 |
44,868,272,150 |
|
|
Inventories |
14,689,275,220 |
9,977,984,656 |
|
|
Other
Finance Assets |
61,127,099,640 |
17,795,399,758 |
|
|
Other
Current Assets |
4,253,916,474 |
3,435,388,317 |
|
|
Deferred Income Tax Assets |
814,331,983 |
- |
|
|
Non-Current Assets |
875,564,239,174 |
813,016,844,493 |
|
|
Non-Current
Financial Instruments |
18,000,000 |
18,000,000 |
|
|
Marketable
Financial Instruments |
20,441,302,291 |
22,486,847,606 |
|
|
Held to Maturity Financial Assets |
3,581,290,000 |
3,559,995,000 |
|
|
Investment_Related Companies |
617,763,353,088 |
575,763,371,048 |
|
|
Derivatives |
- |
22,186,751,031 |
|
|
Investment_Real Estates |
40,819,137,476 |
41,414,216,815 |
|
|
Tangibles |
105,918,162,300 |
107,390,476,774 |
|
|
Intangibles |
4,512,793,922 |
3,638,161,562 |
|
|
Other Financial Instruments |
34,747,448,933 |
31,528,435,985 |
|
|
Non-Current
Financial Instruments |
30,752,782,567 |
5,030,588,672 |
|
|
Deferred Income Tax Assets |
17,009,968,597 |
- |
|
|
Total Liabilities |
815,025,463,346 |
833,404,099,962 |
|
|
Current Liabilities |
387,880,838,335 |
451,403,536,574 |
|
|
Trade
Payables |
99,758,349,659 |
126,320,016,561 |
|
|
Other
Payables |
29,168,691,804 |
30,016,228,339 |
|
|
Short-Term
Borrowings |
144,796,573,469 |
217,200,322,423 |
|
|
Derivatives |
52,012,260,161 |
208,481,173 |
|
|
Advance
Receipts |
7,007,246,047 |
2,702,247,828 |
|
|
Other Payables-Constructon |
43,627,831,951 |
54,328,921,759 |
|
|
Accrued
Income Tax |
- |
6,812,670,773 |
|
|
Provisions |
9,652,782,223 |
9,672,904,139 |
|
|
Other
Financial Debts |
2,654,580 |
2,493,430 |
|
|
Other
Current Liabilities |
1,854,448,441 |
4,139,250,149 |
|
|
Non-Current Liabilities |
427,144,625,011 |
382,000,563,388 |
|
|
Long-Term
Trade Payables & Other Payables |
1,873,760,443 |
1,906,984,670 |
|
|
Long-Term
Borrowings |
283,300,661,341 |
304,224,053,665 |
|
|
Derivatives |
126,723,468,005 |
36,152,792,259 |
|
|
Provision
for Severance & Retirement |
11,437,614,942 |
8,023,844,246 |
|
|
Confirmed
Salaries |
3,809,120,280 |
3,880,674,198 |
|
|
Deferred
Income Tax Credit |
- |
27,812,214,350 |
|
|
Capital Stock |
53,662,565,000 |
35,662,565,000 |
|
|
Capital
Surplus |
361,317,036,513 |
91,522,414,663 |
|
|
Others |
-30,286,027,510 |
-9,092,623,110 |
|
|
Other Accumulated Income |
-3,302,218,128 |
-993,772,783 |
|
|
Profit
Surplus |
236,076,466,409 |
399,568,663,098 |
|
|
Total
Equity |
617,467,822,284 |
516,667,246,868 |
|
|
Liab.
& Shareholders Equity |
1,432,493,285,630 |
1,350,071,346,830 |
|
Balance
Sheet
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
1,458,334,535,255 |
1,009,696,015,803 |
1,204,686,605,549 |
|
Current Assets |
515,406,605,946 |
332,221,324,563 |
380,826,895,017 |
|
-Quick Assets |
505,428,621,290 |
323,524,610,424 |
371,287,689,244 |
|
-Inventories |
9,977,984,656 |
8,696,714,139 |
9,539,205,773 |
|
Fixed Assets |
942,927,929,309 |
677,474,691,240 |
823,859,710,532 |
|
-Investment |
756,114,614,028 |
500,066,178,912 |
701,290,374,848 |
|
-Tangibles |
146,911,524,161 |
145,352,981,707 |
90,354,999,248 |
|
-Intangibles |
1,431,608 |
2,458,008 |
3,610,244 |
|
-Others |
39,900,359,512 |
32,053,072,613 |
32,210,726,192 |
|
Total Liabilities |
834,047,447,076 |
569,402,685,113 |
592,118,020,958 |
|
Current Liabilities |
421,093,289,972 |
305,145,335,573 |
412,463,435,819 |
|
Fixed Liabilities |
412,954,157,104 |
264,257,349,540 |
179,654,585,139 |
|
Capital Stock |
35,662,565,000 |
35,662,565,000 |
35,662,565,000 |
|
Capital Surplus |
96,025,207,155 |
96,025,207,155 |
96,025,207,155 |
|
Profit Surplus |
363,098,277,425 |
229,085,763,502 |
441,706,942,039 |
|
Capital Adjustment |
129,501,038,599 |
79,519,795,033 |
39,173,870,397 |
|
Total Equity |
624,287,088,179 |
440,293,330,690 |
612,568,584,591 |
|
Liab. & Shareholders Equity |
1,458,334,535,255 |
1,009,696,015,803 |
1,204,686,605,549 |
Income
Statement
|
Unit : Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Sales |
627,883,083,153 |
|
|
|
Cost of Sold Goods |
570,060,800,352 |
|
|
|
Gross Profit |
57,822,282,801 |
|
|
|
Selling & Admin. Expenses |
46,817,911,675 |
|
|
|
Other Operating Income |
1,174,520,600 |
|
|
|
Other Operating Expenses |
500,514,446 |
|
|
|
Operating Income |
11,678,377,280 |
|
|
|
Finance Income |
29,564,588,895 |
|
|
|
Finance Expenses |
242,888,879,930 |
|
|
|
Income Before Taxes |
-201,645,913,755 |
|
|
|
Income Taxes Expenses |
-44,030,852,647 |
|
|
|
Net Income |
-157,615,061,108 |
|
|
Income
Statement
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
835,389,175,281 |
800,109,039,665 |
673,848,379,657 |
|
Cost of Sold Goods |
727,887,979,257 |
710,660,671,103 |
604,062,898,362 |
|
Gross Profit |
107,501,196,024 |
89,448,368,562 |
69,785,481,295 |
|
Selling & Admin. Expenses |
60,979,140,457 |
52,255,770,388 |
43,361,663,242 |
|
Operating Income |
46,522,055,567 |
37,192,598,174 |
26,423,818,053 |
|
Non-Operating Income |
190,133,438,121 |
14,445,502,211 |
99,632,392,145 |
|
Non-Operating Expenses |
63,567,105,276 |
306,634,927,314 |
120,911,270,354 |
|
Income Before Taxes |
173,088,388,412 |
-254,996,826,929 |
5,144,939,844 |
|
Income Taxes Expenses |
33,460,149,689 |
-45,885,476,392 |
-24,632,020,528 |
|
Net Income |
139,628,238,723 |
-209,111,350,537 |
29,776,960,372 |
Cash
Flows
|
Unit : Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Operating
Activities Cash Flows |
-57,589,241,708 |
|
|
|
Cash Flows from Operating |
-51,379,390,594 |
|
|
|
Interests Received |
4,430,539,669 |
|
|
|
Interests Paid |
-19,988,953,791 |
|
|
|
Dividends Received |
17,042,064,848 |
|
|
|
Income Taxes |
-7,693,501,840 |
|
|
|
Cash Flows from Investing |
-148,000,775,991 |
|
|
|
Cash Flows from Financing |
168,362,964,928 |
|
|
|
Increase/Decrease in Cash |
-37,227,052,771 |
|
|
|
Cash at the Beginning of Year |
171,963,636,083 |
|
|
|
Cash at the End of Year |
134,736,583,312 |
|
|
Cash
Flows
|
Unit :
Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows
from Operating |
60,924,950,943 |
10,258,007,708 |
17,480,505,968 |
|
-Net Income |
139,628,238,723 |
-209,111,350,537 |
29,776,960,372 |
|
-Exp.
without Cash Outflow |
67,262,331,123 |
304,859,096,553 |
91,173,945,029 |
|
-Revenue
without Cash Inflows |
-173,594,840,103 |
-4,321,081,352 |
-90,585,829,416 |
|
-Changes in
Asset/ & Liability |
27,629,221,200 |
-81,168,656,956 |
-12,884,570,017 |
|
Cash Flows
from Investing |
-153,095,978,312 |
-61,400,484,498 |
-52,857,949,117 |
|
-Cash Inflow
from Investing |
1,473,869,288 |
12,072,057,979 |
56,016,738,400 |
|
-Cash
Outflows for Investing |
-154,569,847,600 |
-73,472,542,477 |
-108,874,687,517 |
|
Cash Flows
from Financing |
202,737,750,939 |
-8,313,543,829 |
75,859,060,140 |
|
-Cash
Inflows from Financing |
465,677,084,670 |
315,460,632,873 |
160,700,000,000 |
|
-Cash
Outflows from Financing |
-262,939,333,731 |
-323,774,176,702 |
-84,840,939,860 |
|
Increase/Decrease
in Cash |
110,566,723,570 |
-59,456,020,619 |
40,481,616,991 |
|
Cash at the
Beginning of Year |
61,396,912,513 |
120,852,933,132 |
80,371,316,141 |
|
Cash at the
End of Year |
171,963,636,083 |
61,396,912,513 |
120,852,933,132 |
Products, Technologies, Services Description
|
Main Products & Services |
-Elevators, Escalators & Moving Walkways : Manufacture, Sale,
Installation & Service -Auto Parking Systems : Manufacture, Sale, Installation & Service -Material Handling Systems : Manufacture, Sale, Installation &
Service -Parts Sales & Services : Manufacture, Sale, Installation &
Service -Platform Screen Doors Brand Name : LUXEN, Yzer, Time & Space |
Trade Partners & Competitors
|
Customers |
HYUNDAI HEAVY INDUSTRIES
CO.,LTD.(181211-0000386) HYUNDAI MOTOR CO(110111-0085450) HYNIX SEMICONDUCTOR INC(134411-0001387) BOOXEN CO., LTD(115611-0011369) |
|
Competitors |
HANKOOK OTIS ELEVATOR CO.,
LTD.(110111-0263858) 10TH FL., HANSEOM
BLDG., 15, YEOEUIDO-DONG, YEONGDEUNGPO-GU, SEOUL, KOREA TEL:+82-2-6007-3114 FAX:+82-2-6007-3036 THYSSENKRUPP ELEVATOR KOREA CO.,
LTD.(124311-0004898) 55-30, ORYU 1-DONG, GURO-GU, SEOUL, KOREA TEL:+82-2-2610-7777 FAX:+82-2-2610-7700 (*)THE SUBJECT IS RANKED AS 1ST
PLAYER IN DOMESTIC MARKET SHARE. |
Related Parties
(Subsidiaries,
Joint-Venture & Affiliates)
|
Affiliates-Domestic |
HYUNDAI MERCHANT MARINE CO.,
LTD.(110111-0193740) (19.3% held by the subject company) TRANSORIENT SHIPPING CO.,
LTD.(110111-0781412) HAEYOUNG MARITIME SERVICES CO.,
LTD.(180111-0516766) HYUNDAI LOGISTICS CO., LTD.(110111-0578231) HYUNDAI RESEARCH INSTITUTE(110111-0507660) HYUNDAI SECURITIES CO., LTD(110111-0042476) HYUNDAI ASAN CORPORATION(140111-0011714) HYUNDAI UBIQUOUS & INFORMATION
TECHNOLOGY CO., LTD.(110111-3259408) HYUNDAI INVESTMENT NETWORK CO.,
LTD.(110111-3890848) HYUNDAI ASSET MANAGEMENT CO.,LTD(110111-4003721) |
|
Affiliates-Overseas |
HYUNDAI ELEVATOR SERVICES PHILS. (40.0% held by the subject company) SHIMYANG HYUNDAI ELEVATOR MANUFACTURING
CO., LTD.-CHINA (37.5% held by the subject company) PT. HELSI SUPERHELINDO (30.0% held by the subject company) |
|
Overseas Office |
USA HYUNDAI ELEVATOR CO., LTD. 879W. 190TH ST. SUITE 580 GARDENA, CA 90248
U.S.A. TEL: +1-310-538-4770 FAX: +1-310-538-4745 JAPAN HYUNDAI ELEVATOR CO., LTD. 11F, YAMATO LIFE BLDG. 1-1-7,
UCHISAIWAI-CHO, CHIYODA-KU, TOKYO, 100-0011, JAPAN TEL: +81-3-3519-6125 FAX: +81-3-3519-6126 |
|
Subsidiary |
SHANGHAI HYUNDAI ELEVATOR MANUFACTURING CO.,
LTD.-CHINA (84.0% held by the subject company) |
|
Cooperative Enterprise-Sales Networks |
PHILIPPINES HYCO INDUSTRIAL SALES CORP. #81 KAPILIGAN COR. BAYANI ST., BRGY.DONA
LMELDA, QUEZON CITY, PHILIPPINES TEL: +63-2-716-0905 FAX: +63-2-714-8896 INDONESIA PT. SUPERHELINDO JAYA JL. KH. MOCH. MANSYUR NO 19B, JAKARTA
10140, INDONESIA TEL: +62-21-631-8444 FAX: +62-21-632-6288 THAILAND LOXLEY PUBLIC CO., LTD. CONSTRUCTION MATERIALS DEPARTMENT 102 NA
RANONG RD, KLONGTOEY, BANGKOK 10110, THAILAND TEL: +66-2-348-8000 FAX:
+66-2-240-3127/3128 BANGLADESH REGIONAL TRADERS LTD. KARIM CHAMBER(3RD FLOOR)99, MOTIJHEEL
COMMERCIAL AREA DHAKA-1000, BANGLADESH TEL: +880-2-956-3122 FAX: +880-2-956-7377 INDIA KINETIC ESCALATOR & ELEVATOR LTD. G-92, D-ⅢBLOCK, MIDC, CHINCHWAD, PUNE-411.019 INDIA TEL: +91-20-3250-2190~1 FAX:
+91-20-2747-0568 PAKISTAN ISLAMABAD INDUSTRIAL & TRADING CORP. 205 AMBER ESTATE SHAHRA-E-FAISAL, KARACHI -
75350, PAKISTAN TEL: +92-21-432-0601~5 FAX: +92-21-432-0617 EGYPT INTERNATIONAL ENG. & TRADE 10 EL HAKAM ST., HELMEYT EL ZAYTON CAIRO,
EGYPT TEL: +20-2-2241-8542 FAX: +20-2-2639-2672 |
|
Cooperative Enterprise-Sales Networks |
.A.E. EMIRATES & KOREA ELEVATORS L.L.C. SUITE 51B, ZOMORRODAH BLDG., HURRAIR ROAD, KARAMA
P.O. BOX 126967 DUBAI, UAE TEL 04-334 4579 FAX 04-337 4220 KUWAIT DEAL GENERAL TRADING & CONTRACTING CO. P. O. BOX 27956 SAFAT, 13140 KUWAIT TEL: +965-245-7925 FAX: +965-242-3510 JORDAN BSEISO ENGINEERING MATERIALS CORP. P. O. BOX 830681 AMMAN 11183, JORDAN TEL: +962-656-99012 FAX: +962-656-99014 IRAN MEHFAKHR FLAT NO. 84 8TH FLR. NO. 23 CORNER OF 13TH
ST. ASADABADI AVE. TEHRAN IRAN TEL: +98-21-872-6082 FAX: +98-21-855-3741 SAUDI ARABIA ETA-ELECTROMECHANICAL & TECHNICAL
ASSOCIATES, AL MURJAN TOWER, 11TH FLOOR, SUITE
#1104,HAIL STREET AND WALY AL AHD STREET INTERSECTION, P. O. BOX 6591, JEDDAH-21452, SAUDI ARABIA TEL: +966-2-652-9000 FAX: +966-2-652-9090 QATAR INTERNATIONAL ENG. & TRADE GROUP CO. P. O. BOX N0.22549 DOHA, QATAR TEL: +97-4-436-6689 FAX: +97-4-556-8842 ALGERI FLASH ENGINEERING & TRADE 03 RUE SAIDI AHMED-BORDJ EL KIFFAN PALACE
CENTER, ALGER, ALGERI TEL: +213-21-203785 FAX: +213-21-216444 TUNISIA ASCENSEURS LEVAGE & MANUTENTION(ALM) RUE ABDERRAHMEN IBN AOUF CITE UV4 BLOC 49-1004
MENZEH 6 TUNIS - TUNISIE TEL: +216-71-236-373 FAX: +216-71-754-361 |
|
Cooperative Enterprise-Sales Networks |
PANAMA ELEVADORES DE PANAMA S.A. VIA RICARDO J. ALFARO, DIAGONAL HOSPITAL
S.M. ARCANGEL REPUBLIC OF PANAMA TEL: +507-230-3166 FAX: +507-230-3187 GUATEMALA ELEVADORES OTIS S.A. DE C.V. 17 CALLE 14-53 ZONA 13 GUATEMALA CITY,
GUATEMALA TEL: +502-2381-7600 FAX: +502-2381-7676 OMAN NORTH OCEAN ENTERPRISES LLC P.O.BOX 3725 P.C.112,RUWI SULTANATE OF OMAN TEL : 00968 92864334 FAX: +00968 24498622 CHINA *SHANGHAI HYUNDAI ELEVATOR MANUFACTURING
CO., LTD. HEAD OFFICE(FACTORY) ZHENXI NANLU NO.182, LIANTANG ZHEN, QINGPU
XIAN, SHANGHAI CHINA 201716 TEL: +86-21-5981-3981/3990/3961/3971 FAX:
+86-21-5981-3982 SHANGHAI OFFICE 27F, JINXUAN BLDG., NO.238 NANDAN RD(EAST),
SHANGHAI, CHINA, 200030 TEL: +86-21-6427-6616/9569 FAX:
+86-21-6427-4428 |
|
Cooperative Enterprise |
-Technical Support from MITSUBISHI HEAVY INDUSTRIES LTD.-PARKING
EQUIPMENT NABTESCO LTD.-SCREEN DOOR MURATA MACHINERY, LTD.-SKY-RAV -Technical Export SHANGHAI HYUNDAI ELEVATOR CO. -Equity Swap Agreement with NEXGEN CAPITAL LTD. |
Sales by Region
(Activity &
Markets)
|
Sales/ Unit : Million KRW |
09/2011 |
2010 |
2009 |
|
Export |
107,589 |
154,271 |
107,959 |
|
Domestic |
520,294 |
681,118 |
692,150 |
|
Total |
627,883 |
835,389 |
800,109 |
The Subject Company exports to India, Indonesia, Iran, Philippine, Japan,
USA and China.
Court Action
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/
Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
Seoul Nambu District Court |
Korea Land & Housing Corporation(135671-0033355) |
The Subject Company & Others(6) |
Violation of Anti-Trust Law |
55,048,000,000 |
Proceeding |
|
|
Seoul Administrative Court |
The Subject Company |
Fair Trade Commission |
Cancellation on imposed Penalty |
19,686,000,000 |
Proceeding |
News Clipping
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.23 |
|
|
1 |
Rs.82.87 |
|
Euro |
1 |
Rs.69.13 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this report.
The assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.