|
Report Date : |
21.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
HYUNDAI HEAVY INDUSTRIES CO., LTD. |
|
|
|
|
Registered Office : |
1, Jeonha 1-dong, Dong-gu, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
30.09.2011 |
|
|
|
|
Date of Incorporation : |
28.12.1973 |
|
|
|
|
Com. Reg. No.: |
620-81-00012 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Building of Non-ferrous Metal Ships and Other Sailing Ships |
|
|
|
|
No. of Employees : |
25,985 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
Status : |
Good |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Exists |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company
Name |
HYUNDAI HEAVY INDUSTRIES CO., LTD. (Korean Company Name : “현대중공업(주)”) |
|
Registered Address |
1, Jeonha 1-dong, Dong-gu, |
|
Zip Code |
682-813 |
|
Tel |
+82-52-202-2114 |
|
Fax |
+82-52-202-2286 |
|
E-mail |
webzine@hhi.co.kr;ship@hhi.co.kr |
|
Website |
www.hhi.co.kr |
|
Trading Address/ |
14th
FL.,
Hyundai Bldg., 140-2, Gye-dong, Jongno-gu, |
|
Tel |
+82-2-746-4750 +82-2-746-4544 |
|
Fax |
+82-2-746-4663 +82-2-746-4662 |
|
Other Address-Branch |
306-1, |
|
Tel |
+82-52-270-9135 |
|
Fax |
+82-52-274-6735 |
|
Other Address-Hyundai Hotel |
477-2 Sinpyeong-dong, Gyeongju-si, Gyeongbuk-do
780-290 |
|
Tel |
+82-54-748-2233 |
|
Fax |
+82-54-748-8234 |
|
Other Address-Hyundai Incineration Equipment |
1288 Bangeo-dong, Tong-gu, |
|
Tel |
+82-52-235-2195 |
|
Other Address-Department of Marine Business |
775 Bangeo-dong, Tong-gu, |
|
Tel |
+82-52-230-1457 |
|
Fax |
+82-52-202-1970 |
|
Other Address-Hyundai Art Hall |
110-1 Seobu-dong, Tong-gu, |
|
Tel |
+82-52-235-2100 |
|
Fax |
+82-52-235-2100 |
|
Other Address-Hanmaeum Hall |
290-16 Cheonha-dong, Tong-gu, |
|
Tel |
+82-52-236-5119 |
|
Other Address-Daesan Complex Power Plant |
634, Dokgot-ri, Daesan-eup, Seosan-si, |
|
Tel |
+82-41-681-4095 |
|
Fax |
+82-41-667-2393 |
|
Type |
Export/Import |
|
Industry |
Building of Non-ferrous Metal Ships and Other Sailing Ships |
|
Main Business |
Shipbuilding, Offshore Steel Structure, Plant, Engine, Electron &
Electricity System, Construction Equipment |
|
Sub
Business |
|
|
Established (mm/dd/yyyy) |
12/28/1973 |
The Subject owns the premises of registered
address/factory.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Forklifts(24101603) |
|
Sell |
Power supply transformers(39121002) |
|
Sell |
Molded case circuit breakers(39121616) |
|
Sell |
Skid steer loaders(22101529) |
|
Sell |
Switchgear systems(39121105) |
|
Sell |
Inverters(32121705) |
|
Sell |
Track excavators(22101526) |
|
Sell |
Wheel loaders(22101528) |
|
Sell |
Engines(26101500) |
|
Sell |
Commercial marine craft(25111500) |
|
Sell |
Motors(26101600) |
|
Sell |
Commercial or industrial construction(72131600) |
|
Sell |
Commercial marine craft(25111500) |
|
Sell |
Pumps(40151500) |
|
Sell |
Power supply transformers(39121002) |
|
Sell |
Inverters(32121705) |
|
Sell |
Uninterruptible power supplies(39121011) |
|
Sell |
Diesel generators(26111601) |
|
Sell |
Panelboards(39121103) |
|
Sell |
Panelboards(39121103) |
|
Buy |
Steel Plate |
|
Buy |
Paint |
|
Name |
Min Keh-Sik |
|
Date of Birth |
02/12/1942 |
|
Title |
Chairman & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
380,000,000,000 |
|||||||||||||||||||||||||||||||||||||||
|
Employees |
25,985 |
|||||||||||||||||||||||||||||||||||||||
|
Formation |
Listed Company ( A Company of HYUNDAI HEAVY INDUSTRIES GROUP |
|||||||||||||||||||||||||||||||||||||||
|
Bank Details |
Korea Exchange Bank-Kyei-Dong Branch |
|||||||||||||||||||||||||||||||||||||||
|
Corporate Registered No. |
181211-0000386 |
|||||||||||||||||||||||||||||||||||||||
|
Business Registered No. |
620-81-00012 |
|||||||||||||||||||||||||||||||||||||||
|
Permit & Licenses |
04/09/1997 ISO 14001 02/1999 ISO 9001 06/2000 ISO 9001 11/2000 EM 11/2001 NT 07/2003 GD Mark Int’l Trade No.: 740353 |
|||||||||||||||||||||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||||||||||||||||||||
|
Company History |
03/10/1970 Shipyard Construction Division established in Hyundai
engineering & Construction Co., Ltd (HDEC). 12/05/1970 Signed a contract of building super
large-sized ship which contain 260 thousand tons of crude oil with 12/28/1973 incorporated as Hyundai
Shipbuilding & Heavy Industry Co, Ltd. 02/24/1978 Changed the trade name to
Hyundai Heavy Industries Co., Ltd. 09/27/1993 Merged Hyundai Robot Ind. Co.,
Ltd. and Hyundai Steel Tower Ind. Co., Ltd. 02/28/1999 Transfer of Business on Heavy
Equipment 11/30/1999 Transfer of Business on Power
Generation Facility in 05/2002 Acquired Samho Heavy Industries
Co., Ltd. 11/2005 Awarded US$7 Billion Export Top
Prize 09/2006 Awarded the 5th 11/2007 Awarded US$10 Billion Export Top
Prize 01/03/2011
Acquired Yongyeon factory from HYMS(230111-0143443) amounting 133,908,620,955
KRW |
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Chairman & CEO |
Dr. |
Min Keh-Sik |
Korean |
1942.02.14 |
|
|
President & CEO |
Mr. |
Lee Jae-Sung |
Korean |
1952.05.25 |
|
|
President & CEO |
Mr. |
Kim Oi-Hyun |
Korean |
1954.05.01 |
|
|
Director |
Mr. |
Choi Won-Kil |
Korean |
1950.03.08 |
|
|
Outside Director/Auditor |
Mr. |
Lee Jae-Kyu |
Korean |
1951.05.17 |
|
|
Outside Director/Auditor |
Mr. |
Song Jung-Hoon |
Korean |
1955.02.09 |
|
|
Outside Director/Auditor |
Dr. |
Pyun-Ho-Bum |
Korean |
1952.01.15 |
|
|
Outside Director |
Mr. |
Lee Cheol |
Korean |
1955.02.09 |
|
|
Year / Unit : Thousand KRW |
Sales |
Assets |
Net Income |
|
18,268,513,846 |
30,769,207,115 |
1,874,631,362 |
|
|
2010 |
22,405,181,314 |
28,888,131,096 |
3,761,139,692 |
|
2009 |
21,142,196,736 |
24,872,583,501 |
2,146,488,795 |
|
2008 |
19,957,080,881 |
25,280,400,921 |
2,256,664,845 |
|
2007 |
15,533,013,307 |
16,798,704,711 |
1,736,060,331 |
|
2006 |
12,554,744,430 |
12,996,156,878 |
712,847,558 |
|
2005 |
10,354,421,886 |
11,593,108,115 |
183,314,079 |
|
2004 |
9,084,484,155 |
11,062,313,662 |
36,719,496 |
|
2003 |
8,153,499,952 |
10,604,056,876 |
113,857,159 |
(*)09/2011 ‘s figures are based on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
800,000,000,000 |
|
Paid-Up Capital(KRW) |
380,000,000,000 |
|
Total Issues Shares |
76,000,000 |
|
Unit : Thousand Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total
Assets |
30,769,207,115 |
28,570,050,624 |
|
|
Current Assets |
12,755,673,079 |
11,511,078,866 |
|
|
Cash
& Cash Equivalents |
860,071,611 |
624,479,536 |
|
|
Current
Financial Instruments |
23,412,241 |
16,567,401 |
|
|
Trade
Receivables & Other Receivables |
3,464,255,229 |
3,089,062,270 |
|
|
Prepaid Construction |
3,111,889,541 |
3,315,910,832 |
|
|
Inventories |
2,799,028,819 |
2,423,857,824 |
|
|
Derivatives |
101,842,687 |
149,878,495 |
|
|
Confirmed Agreement Assets |
609,529,235 |
743,552,271 |
|
|
Other
Current Assets |
1,785,643,716 |
1,147,770,237 |
|
|
Non-Current Assets |
18,013,534,036 |
17,058,971,758 |
|
|
Investment_Related
Companies |
6,722,872,698 |
6,444,034,890 |
|
|
Non-Current
Financial Instruments |
1,769,917,316 |
1,499,400,833 |
|
|
Long-Term
Trade Receivables & Other Receivables |
26,498,318 |
16,390,927 |
|
|
Long-Term Prepaid Construction |
310,672,606 |
251,296,267 |
|
|
Investment_Real
Estates |
315,618,578 |
354,030,892 |
|
|
Tangibles |
8,078,744,220 |
7,844,290,023 |
|
|
Intangibles |
368,182,351 |
356,378,540 |
|
|
Derivatives |
66,000,528 |
135,260,276 |
|
|
Confirmed Agreement Assets |
227,381,870 |
51,911,895 |
|
|
Other
Non-Current Assets |
127,645,551 |
105,977,215 |
|
|
Total Liabilities |
16,054,762,405 |
15,497,497,438 |
|
|
Current Liabilities |
14,813,568,264 |
14,179,961,157 |
|
|
Current
Financial Debts |
4,249,235,361 |
3,273,240,827 |
|
|
Trade
Payables & Other Payables |
2,504,412,761 |
2,678,618,008 |
|
|
Advance
Receipts |
1,118,878,294 |
1,048,649,942 |
|
|
Accrued Construction |
6,214,044,058 |
5,844,940,360 |
|
|
Derivatives |
429,695,573 |
479,277,120 |
|
|
Confirmed Agreement Debts |
108,979,507 |
133,699,997 |
|
|
Accrued
Income Tax |
188,322,710 |
721,534,903 |
|
|
Non-Current Liabilities |
1,241,194,141 |
1,317,536,281 |
|
|
Non-Current
Financial Debts |
61,954,138 |
350,733,209 |
|
|
Long-Term
Trade Payables & Other Payables |
14,388,472 |
13,498,575 |
|
|
Confirmed Agreement Debts |
156,228,318 |
68,339,915 |
|
|
Other Provisions |
113,705,982 |
109,503,104 |
|
|
Derivatives |
248,327,885 |
52,908,250 |
|
|
Confirmed Agreement Debts |
24,614,588 |
131,929,040 |
|
|
Deferred
Income Tax Credit |
621,974,758 |
590,624,188 |
|
|
Capital Stock |
380,000,000 |
380,000,000 |
|
|
Capital
Surplus |
1,044,516,633 |
1,044,516,633 |
|
|
Capital Adjustment |
-1,400,454,947 |
-1,400,454,947 |
|
|
Others |
865,115,342 |
668,836,100 |
|
|
Legal Reserves |
2,020,414,202 |
2,020,414,202 |
|
|
Other Reserves |
9,403,891,528 |
6,071,770,915 |
|
|
Profit
Surplus |
2,400,961,952 |
4,287,470,283 |
|
|
Total
Equity |
14,714,444,710 |
13,072,553,186 |
|
|
Liab.
& Shareholder’s Equity |
30,769,207,115 |
28,570,050,624 |
|
|
Unit : Thousand Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
28,888,131,096 |
24,872,583,501 |
25,280,400,921 |
|
Current Assets |
10,875,172,083 |
10,609,914,411 |
12,617,568,256 |
|
-Quick Assets |
8,790,999,061 |
8,681,355,896 |
10,354,271,834 |
|
-Inventories |
2,084,173,022 |
1,928,558,515 |
2,263,296,422 |
|
Fixed Assets |
18,012,959,013 |
14,262,669,090 |
12,662,832,665 |
|
-Investment |
9,089,310,897 |
4,866,413,424 |
3,224,408,415 |
|
-Tangibles |
8,000,158,278 |
8,145,522,809 |
6,189,953,763 |
|
-Intangibles |
306,043,280 |
288,459,041 |
262,296,296 |
|
-Others |
617,446,558 |
962,273,816 |
2,986,174,191 |
|
Total Liabilities |
15,069,098,616 |
15,064,182,314 |
19,685,181,405 |
|
Current
Liabilities |
13,377,171,317 |
12,909,101,347 |
16,473,881,014 |
|
Fixed
Liabilities |
1,691,927,299 |
2,155,080,967 |
3,211,300,391 |
|
Capital
Stock |
380,000,000 |
380,000,000 |
380,000,000 |
|
Capital
Surplus |
2,954,448,715 |
2,869,578,078 |
2,818,590,688 |
|
Profit
Surplus |
10,052,910,617 |
6,503,945,132 |
4,657,123,617 |
|
Capital
Adjustment |
431,673,148 |
54,877,977 |
-2,260,494,789 |
|
Total Equity |
13,819,032,480 |
9,808,401,187 |
5,595,219,516 |
|
Liab. &
Shareholder’s Equity |
28,888,131,096 |
24,872,583,501 |
25,280,400,921 |
|
Current
Liabilities |
13,377,171,317 |
12,909,101,347 |
16,473,881,014 |
|
Trade
Payables |
1,927,633,682 |
1,427,589,252 |
2,337,258,676 |
|
Short-Term Borrowings |
3,114,981,687 |
585,320,608 |
- |
|
Account
Payables |
204,706,029 |
146,908,841 |
180,439,441 |
|
Advance
Receipts |
6,142,674,031 |
8,583,478,070 |
10,177,418,459 |
|
Withholdings |
247,748,503 |
213,815,078 |
129,518,237 |
|
Accrued
Expenses |
225,035,587 |
251,590,915 |
289,674,793 |
|
Accrued
Income Tax |
721,534,902 |
263,311,110 |
457,058,997 |
|
Unearned
Income |
- |
38,523 |
19,276 |
|
Provision
for Construction Loss |
25,634,346 |
15,279,818 |
104,228,901 |
|
Derivatives |
637,536,259 |
1,263,995,902 |
2,775,528,970 |
|
Confirmed
Agreement Debts |
129,686,291 |
141,091,091 |
22,735,264 |
|
Deferred
Income Tax Credit |
|
16,682,139 |
- |
|
Fixed
Liabilities |
1,691,927,299 |
2,155,080,967 |
3,211,300,391 |
|
Debentures |
300,000,000 |
300,000,000 |
- |
|
Foreign
Currency Long-Term Borrowings |
32,840,759 |
5,166,671 |
3,314,633 |
|
Guarantee
deposit Withhold |
13,498,575 |
13,922,260 |
12,467,827 |
|
Derivatives |
71,339,424 |
862,591,562 |
2,840,614,098 |
|
Confirmed
Agreement Debts |
131,929,040 |
45,243,563 |
16,035,858 |
|
Provision
for Repairing |
30,013,337 |
29,070,486 |
22,343,521 |
|
provision
for Sales guarantee |
52,155,981 |
34,473,840 |
44,008,707 |
|
Provision
for Severance & Retirement |
792,972,713 |
1,226,148,845 |
1,251,923,440 |
|
Deferred
Income Tax Credit |
967,619,725 |
691,066,287 |
133,497,415 |
|
Unit : Thousand Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Sales |
18,268,513,846 |
|
|
|
Cost of Sold Goods |
15,126,526,721 |
|
|
|
Gross Profit |
3,141,987,125 |
|
|
|
Selling & Admin. Expenses |
933,812,916 |
|
|
|
Operating Income |
2,208,174,209 |
|
|
|
Finance Income |
950,428,764 |
|
|
|
Finance Expenses |
1,208,860,218 |
|
|
|
Other Operating Income |
728,505,301 |
|
|
|
Other Operating Expenses |
300,831,733 |
|
|
|
Income Before Taxes |
2,377,416,323 |
|
|
|
Income Taxes Expenses |
502,784,961 |
|
|
|
Net Income |
1,874,631,362 |
|
|
|
Unit : Thousand Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
22,405,181,314 |
21,142,196,736 |
19,957,080,881 |
|
Cost of Sold
Goods |
17,734,846,239 |
17,997,442,921 |
16,811,989,016 |
|
Gross Profit |
4,670,335,075 |
3,144,753,815 |
3,145,091,865 |
|
Selling
& Admin. Expenses |
1,230,898,861 |
922,179,896 |
938,918,930 |
|
Operating
Income |
3,439,436,214 |
2,222,573,919 |
2,206,172,935 |
|
Non-Operating
Income |
3,083,893,880 |
3,309,561,336 |
3,827,102,798 |
|
Non-Operating
Expenses |
1,739,001,755 |
2,884,072,020 |
3,083,643,527 |
|
Ordinary
Income |
4,784,328,339 |
2,648,063,235 |
2,949,632,206 |
|
Special
Income |
- |
- |
- |
|
Income
Before Taxes |
4,784,328,339 |
2,648,063,235 |
2,949,632,206 |
|
Income Taxes
Expenses |
1,023,188,647 |
501,574,440 |
692,967,361 |
|
Net Income |
3,761,139,692 |
2,146,488,795 |
2,256,664,845 |
|
Unit : Thousand Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Operating Activities Cash Flows |
800,474,411 |
|
|
|
Net
Income |
1,874,631,362 |
|
|
|
Adjustment |
-180,238,205 |
|
|
|
Interests
Received |
86,324,186 |
|
|
|
Interests
Paid |
-110,782,860 |
|
|
|
Dividends
Received |
75,576,008 |
|
|
|
Income
Taxes |
-945,036,080 |
|
|
|
Cash
Flows from Investing |
-880,103,590 |
|
|
|
Cash
Flows from Financing |
308,524,225 |
|
|
|
Increase/Decrease
in Cash |
235,592,075 |
|
|
|
Cash
at the Beginning of Year |
624,479,536 |
|
|
|
Cash
at the End of Year |
860,071,611 |
|
|
|
Unit : Thousand Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows
from Operating |
688,103,887 |
-957,990,254 |
2,382,711,159 |
|
-Net Income |
3,761,139,692 |
2,146,488,795 |
2,256,664,845 |
|
-Exp.
without Cash Outflow |
2,493,040,933 |
4,405,118,686 |
4,067,086,313 |
|
-Revenue
without Cash Inflows |
-1,888,981,864 |
-1,901,937,718 |
-2,706,011,895 |
|
-Changes in
Asset/ & Liability |
-3,677,094,874 |
-5,607,660,017 |
-1,235,028,104 |
|
Cash Flows
from Investing |
-3,047,802,818 |
336,773,351 |
-1,183,712,166 |
|
-Cash Inflow
from Investing |
257,492,346 |
2,039,980,585 |
4,876,641,536 |
|
-Cash
Outflows for Investing |
-3,305,295,164 |
-1,703,207,234 |
-6,060,353,702 |
|
Cash Flows
from Financing |
2,351,600,249 |
586,302,965 |
-1,485,263,695 |
|
-Cash
Inflows from Financing |
5,687,916,450 |
2,325,510,968 |
1,689,006 |
|
-Cash
Outflows from Financing |
-3,336,316,201 |
-1,739,208,003 |
-1,486,952,701 |
|
Increase/Decrease
in Cash |
-8,098,682 |
-34,913,938 |
-286,264,702 |
|
Cash at the
Beginning of Year |
632,578,218 |
667,492,156 |
953,756,858 |
|
Cash at the
End of Year |
624,479,536 |
632,578,218 |
667,492,156 |
|
Main Products & Services |
Shipbuilding -Carrier: 75,000 DWT Bulk Carrier / 172,000
DWT Bulk Carrier -Pure Car Carrier -Containership: 3,000 TEU / 4,800 TEU /
5,500 TEU / 6,800 TEU -LPG Carrier -Tanker: 165,000 DWT Tanker / 113,000 DWT
Tanker -Ro-Ro Ship -VLCC: 319,000 DWT VLCC -Chemical Tanker -Product Carrier: 46,000 DWT Product
Carrier / 105,000 DWT Product Carrier -Offshore Rigs / Barge -Multi-Purpose Cargo Ship -LNG Carrier -OBO Carrier -Other Vessels Offshore & Engineering -Platforms: Jacket/Pile -Floating Units: Semi-Submersible Rig -Offshore Installation: Heavy Lift
Installation Industrial Plant & Engineering -Power Plant -Nuclear Power Plant -Environmental Engineering Plant -Process Plant -Desalination Plant -Material Handling Equipment -Cement Plant -Iron & Steel Plant -Hydro Power Plant - -Air Conditioning Equipment Engine & Machinery -Marine Engine -HiMSEN Engine -Power Plant -Robot -Pump -Machinery |
||||||||||||||||||||
|
Main Products & Services |
Electro-Electric System -Transformer: Capacity up to 765kV 2000MVA,
worldwide experiences with proven record -High Voltage Circuit Breaker: Gas
Insulated Switchgear -Switchgear Industrial: MV Switchgear / Marine: Marine Switchgear & Starter /
Console Alarm Monitoring System -Medium & voltage circuit breaker:
Molded Case Circuit Breaker / Magnetic Contactor / Air Circuit Breaker /
Motor Control Breaker / Vacuum Circuit Breaker / Vacuum Contactor / Vacuum
Interrupter -Rotating Machinery: Low Voltage Induction
Motor / Medium & High Voltage Induction Motor / Marine Generator /
Industrial Diesel Generator -Power Electronics -Control & System Integration -Marine Purpose Equipment -Traction Power Supply and Propulsion
System -Turnkey Solution Construction Equipment -Crawler Excavators -Wheel Excavators -Wheel Loaders -Skid Steer Loader -Lift Trucks |
||||||||||||||||||||
|
Annual Production Capacity |
|
||||||||||||||||||||
|
Technologies Acquired |
|
|
Suppliers |
POSCO HYUNDAI STEEL KCC DONGIL INDUSTRIES CO., LTD. 800, TEL 82-54-285-3201 FAX 82-54-285-4151 INDUSTRY: MANUFACTURE OF FERRO-ALLOYS KOREA SPECIAL PRECISION CO., LTD. 1658-6, SONGJEONG-DONG, DONGNAE-GU, BUSAN
618-270 TEL:+82-51-831-6270~9 FAX:+82-51-831-6273 INDUSTRY: MANUFACTURE OF INTERNAL
COMBUSTION PISTON ENGINES SPECO LTD. 2F TEL:+82-2-3498-3200 FAX:+82-2-3462-3831 INDUSTRY: MANUFACTURE OF ALL OTHER
MACHINE-TOOLS, N.E.C. FINETEC CORP. 329-3, BOCHE-RI, MIYANG-MYEON, ANSEONG-SI,
GYEONGGI-DO 456-843 TEL:+82-31-677-7000 FAX:+82-31-677-7007 INDUSTRY: MANUFACTURE OF SYNTHETIC RESIN AND
OTHER PLASTIC MATERIALS SUNGKWANG BEND CO., LTD. NOKSAN NATIONAL INDUSTRIAL COMPLEX, 1720,
SONGJEONG-DONG, GANGSEO-GU, BUSAN 618-270 TEL:+82-51-330-0200 FAX:+82-51-330-0231 INDUSTRY: MANUFACTURE OF TUBES AND PIPES OF
CAST IRON OR CAST STEEL SEOHO ELECTRIC CO., LTD. 194-53, TEL:+82-31-468-6611 FAX:+82-31-468-3311 INDUSTRY: MANUFACTURE OF BOARDS FOR
ELECTRIC CONTROL OR DISTRIBUTION |
|
Customers |
HYUNDAI SAMHO HEAVY INDUSTRIES CO.,
LTD.(205411-0003915) HYUNDAI MIPO DOCKYARD CO.,
LTD.(181211-0000526) HYUNDAI MOTOR COMPANY(110111-0085450) HYUNDAI OIL REFINERY CO.,
LTD.(110111-0090558) CHEVRON AUSTALIA PTY. LTD. ABU DHABI GAS LIQUEFACTION CO., LTD.(ADGAS) MINISTRY OF ELECTRICITY AND WATER(MEW), CHEVRON AUSTRALIA PTY. LTD. |
|
Competitors |
DAEWOO SHIPBUILDING & MARINE
ENGINEERING CO., LTD. 85, DA-DONG, JUNG-GU, SEOUL, KOREA TEL:+82-2-2129-0114 FAX:+82-2-756-4390 SAMSUNG HEAVY INDUSTRIES CO., LTD. 35TH FL., SAMSUNG LIFE INSURANCE SEOCHO
TOWER, 1321-15, SEOCHO 2-DONG, SEOCHO-GU, SEOUL, KOREA TEL:+82-2-3458-7000 FAX:+82-2-3458-7100 MISHUBISH HEAVY INDUSTRIES-JAPAN UNIVERSIAL SHIPBUILDING-JAPAN TECHNIP-FRANCE SAIPEM-ITALY MCDERMOTT-USA KBR-USA STOLT OFFSHORE-FRANCE ABB-SWEDEN SIEMENS-GERMNAY ALSTOM-FRANCE KOMASHU-JAPAN HITACHI-JAPAN VOLVO-SWEDEN CATERPILLER-USA |
(Subsidiaries,
Joint-Venture & Affiliates)
|
Affiliates |
HYUNDAI MIPO DOCKYARD CO.,
LTD.(181211-0000526) 1381, BANGUH-DONG, TONG-GU, ULSAN 682-712
KOREA TEL:+82-52-250-3114 FAX:+82-52-250-3059 INDUSTRY: SHIPBUILDING, CONVERSION,
REPAIRING HYUNDAI VENTURE INVESTMENT
CORP.(110111-1399941) 4 FL. HYUNDAI BLDG. 77, MUGYO-DONG,
JUNG-GU, SEOUL 100-775 KOREA TEL:+82-2-728-8990 FAX:+82-2-728-8999 INDUSTRY: INVESTMENT IN VENTURE FIRMS HYUNDAI FUTURES CORPORATION(110111-1367740) 3RD FL. HYUNDAI INVESTMENT TRUST &
SECURITIES BLDG., 23-4 YEOEUIDO-DONG, YEONGDEUNGPO-GU, SEOUL 150-725 KOREA TEL:+82-2-788-7000 FAX:+82-2-788-7040 INDUSTRY: COMMODITY EXCHANGE HYUNDAI SAMHO HEAVY INDUSTRIES CO., LTD.(
205411-0003915) (94.92% held by the subject company) 1700, YONGDANG-RI, SAMHO-MYEON,
YEONGAM-GUN, JEONNAM-DO 526-751 KOREA TEL:+82-61-460-2114 FAX:+82-61-460-3701 INDUSTRY: BUILDING OF STEEL SHIPS HYUNDAI FINANCE CORP.(110111-1238628) (67.49% held by the subject company) HYUNDAI BLDG. EAST 77, MUGYO-DONG, JUNG-GU,
SEOUL 100-170 KOREA TEL:+82-2-728-8800 FAX:+82-2-728-8887 INDUSTRY: OTHER CREDIT GRANTING N.E.C. |
|
Affiliates |
MIPO ENGINEERING CO., LTD.(230111-0108075) 4TH FL., GISEONG BLDG., 1304-10, DAL-DONG,
NAM-GU, ULSAN, KOREA TEL:+82-52-261-7101 FAX:+82-52-261-8796 ULSAN HYUNDAI FOOTBALL CLUB
CO.,LTD.(230111-0141413) (100.0% held by the subject company) 137-1, SEOBU-DONG, DONG-GU, ULSAN, KOREA TEL:+82-52-202-6141~4 FAX:+82-52-202-6145 WARTSILA-HYUNDAI ENGINE COMPANY
LTD(205414-0004701) (50.0% held by the subject company) 5B, DAEBUL INDUSTRIAL COMPLEX, 611-2,
NABUL-RI, SAMHO-EUP, YEONGAM-GUN, JEOLLANAM-DO, KOREA TEL:+82-61-983-1107 FAX:+82-61-983-1110 HYMS CO., LTD.(230111-0143443) (100.0% held by the subject company) RM. 208, MAEGOK INDUSTRIAL COMPLEX, 342-2,
MAEGOK-DONG, BUK-GU, ULSAN, KOREA TEL:+82-52-203-9073 FAX:+82-52-203-9092 KOMAS CORPORATION(230111-0146231) (100.0% 686, BANGEO-DONG, DONG-GU, ULSAN, KOREA TEL:+82-52-202-1458 FAX:+82-52-202-1424 HI INVESTMENT & SECURITIES
CO.,LTD.(180111-0093095) 153-10, ONCHEON 1-DONG, DONGNAE-GU, BUSAN,
KOREA TEL:+82-51-554-5111 FAX:+82-51-554-5222 HI ASSET MANAGEMENT CO.,
LTD.(110111-165498) 25, YEOUIDO-DONG, YEONGDEUNGPO-GU, SEOUL,
KOREA TEL:+82-2-727-2734 FAX:+82-2-727-2897 HYUNDAI CORPORATION(110111-0205850) (22.36% held by the subject company) 11TH FI., HYUNDAI BLDG., 140-2, GYE-DONG,
JONGNO-GU, SEOUL, KOREA TEL:+82-2-390-1114 FAX:+82-2-390-1101 (As of 02/01/2010, the subject has been
affiliated to the subject company.) HYUNDAI OILBANK CO., LTD.(110111-0090558) (91.13% held by the subject company) 640-6. DAEJUK-RI, DAESAN-EUP, SEOSAN-SI, CHUNGCHEONGNAM-DO, KOREA TEL:+82-41-660-5114 FAX:+82-41-660-5111 (As of 09/02/2010, the subject has been
affiliated to the subject company.) |
|
Affiliates |
HOTEL HYUNDAI GYEONGPODAE CO.,
LTD.(141111-0031183) 274-1, GANGMUN-DONG, GANGNEUNG-SI,
GANGWON-DO, KOREA TEL:+82-33-651-2233 FAX:+82-33-644-2203 (*) As of 01/30/2009, this company has been joined as one of the
affiliated companies. HOTEL HYUNDAI CO., LTD.(134511-0045797) (100.0% held by the subject company) 477-2, SINPYEONG-DONG, GYEONGJU-SI,
GYEONGSANGBUK-DO, KOREA TEL:+82-54-748-2233 FAX:+82-54-748-8234 (*) As of 01/30/2009, this company has been joined as one of the
affiliated companies. TAEBAEK WIND POWER CO., LTD.(144811-0007492) 524-153, HASAMI-DONG, TAEBAEK-SI, GANGWON-DO, KOREA TEL:+82-2-746-8402 FAX:+82-2-746-7675 (*) As of 11/02/2009, this company has been joined as one of the
affiliated companies. MUJU WIND POWER CO., LTD.(210111-0070434) (*) As of 06/24/2010, this company has been joined as one of the
affiliated companies. CHANGJUK WIND PIWER CO., LTD.(144811-0008101) (*) As of 01/03/2011, this company has been joined as one of the
affiliated companies. HYUNDAI RESOURCES DEVELOPMENT CO., LTD.(110111-4573807) (40.0% held by the subject company) (*) As of 05/03/2011, this company has been joined as one of the
affiliated companies. |
|
Affiliates-Overseas |
HYUNDAI TECHNOLOGIES CENTER HUNGARY KFT (100.0% held by the subject company) HYUNDAI HEAVY INDUSTRIES CO. BULGARIA (99.09% held by the subject company) HYUNDAI HEAVY INDUSTRIES EUROPE N.V. (100.0% held by the subject company) HYUNDAI CONSTRUCTION EQUIPMENT AMERICAS,
INC. (100.0% held by the subject company) VLADIVOSTOK BUSINESS CENTER CO., LTD. (57.14% held by the subject company) WEI HYUNDAI WIND POWER TECHNOLOGY CO.,
LTD.(CHINA) (*) As of 06/07/2010, this company has been joined as one of the
affiliated companies. HYUNDAI(SHANDONG) HEAVY INDUSTRIES
MACHINERY CO., LTD.(CHINA) (*) As of 06/24/2010, this company has been joined as one of the
affiliated companies. HYUNDAI ELECTRIC SYSTEMS ALABAMA, INC. (100.0% held by the subject company) (*) As of 09/20/2010, this company has been joined as one of the
affiliated companies. HYUNDAI HEAVY INDUSTRIES(SHANGHAI) CO., LTD.(CHINA) (100.0% held by the subject company) (*) As of 04/20/2011, this company has been joined as one of the
affiliated companies. YANTAI HYUNDAI HEAVY INDUSTRIES CO., LTD. |
|
Overseas Office |
REPRESENTATIVE OFFICE OF HYUNDAI HEAVY
INDUSTRIES 11, DNEPROPETROVSKOYE SHOSSE ZAPOROZHYE,
69069 UKRAINE TEL:+380-612-139-839 FAX:+380-612-595-368 E-MAIL: GCLEE@HHI.CO.KR HYUNDAI DUBAI OFFICE AL DANA CENTER BLDG. #609, MAKTOUM STREET,
P.O.BOX 22034, DUBAI, U.A.E. TEL:+971-4-223-2533 FAX:+971-4-222-0943 E-MAIL: DXB@HHI.CO.KR HYUNDAI CONSTRUCTION EQUIP. U.S.A. INC. 955 ESTES AVENUE, ELK GROVE VILLAGE IL.
USA. 60007 TEL:+1-847-228-8847/437-3333
FAX:+1-847-437-3574 |
|
Liaison Office |
HYUNDAI OSLO(LIAISON) OFFICE RADHUSGT. 20, 0151 OSLO. NORWAY TEL:+47-2241-0920 FAX:+47-2242-6671 E-MAIL: OSLO@HHI.CO.KR HYUNDAI HEAVY INDUSTRIES CAIRO LIAISON
OFFICE APARTMENT NO.503, 5TH FL.BUILDING NO7,
BLOCK 2, 9TH DIVISION. EL-NASR ROAD, NEW MAADI, CAIRO, EGYPT TEL:+20-2-520-0148~9 FAX:+20-2-754-7528 E-MAIL: SONGHONIM@HANMAIL.NET |
|
Overseas Branch |
TOKYO BRANCH 8TH FLOOR YURAKUCHO DENKI BLDG., 1-7-1
YURAKU-CHO, CHIYODA-KU, TOKYO, JAPAN TEL:+81-3-3211-0741∼0744,
FAX:+81-3- 3216-0728, 3-3211-2093 HONG KONG BRANCH SUITES 3201-2, GREAT EAGLE CENTRE, 23
HARBOUR ROAD, WANCHAI, HONG KONG TEL:+852-2-586-1470/1291,
FAX:+852-2-842-1591/1594 BEIJING BRANCH HYUNDAI HEAVY INDUSTRIES CO., LTD. BEIJING OFFICE ROOM 506, 1 TOWER LANDMARK BLDG.
8 NORTH DONGSANHUAN ROAD, CHAOYANG DISTRICT, BEIJING, CHINA 100004 TEL:+86-10-6590-0677~8 FAX:+86-10-6590-6532/6554 SINGAPORE BRANCH 7 TEMASEK BOULEVARD, #41-02, SUNTEC TOWER
ONE, SINGAPORE 038987 TEL:+65-6337-2366 FAX:+65-6337-8966 E-MAIL: ENGINEAS@HHISGN.COM LONDON BRANCH 11TH FLOOR, ST. MARTIN'S HOUSE, 1
HAMMERSMITH GROVE, LONDON W6 ONB, U.K TEL:+1-208-741-0501 FAX:+1-208-741-5620 E-MAIL: LDN@HHI.CO.UK ROTTERDAM BRANCH WAALSTAETE, 4TH FLOOR, WAALHAVEN Z.Z.2,
3088 HH ROTTERDAM, THE NETHERLANDS TEL:+31-10212-1567 FAX:+31-10212-5134 |
|
Overseas Branch |
PIRAEUS BRANCH 5-7, KANARI STREET, 185 37 PIRAEUS, GREECE TEL:+30-210-428-2992/3 FAX:+30-210-428-2144 E-MAIL: HHIGRC@HOL.GR MUMBAI BRANCH UNIT NO.2, 17TH FLOOR, COMMERCE CENTER NO.1,
WORLD TRADE CENTER, CUFFE PARADE, COLABA, MUMBAI-400 005, INDIA TEL:+91-22-2218-0062/9523~5
FAX:+91-22-2218-0061/9522 LUANDA BRANCH RUA LUCRECIA PAIM, NO.28/30, LUANDA, ANGOLA TEL:+244-2-370669/370692
FAX:+244-2-338011/399667 HOUSTON BRANCH 1400 BROADFIELD, SUITE 110, PARK 10 CENTER,
HOUSTON, TEXAS 77084, U.S.A TEL:+1-281-578-7097 FAX:+1-281-578-8317 E-MAIL: HSTN@HHI.CO.KR NEW JERSEY BRANCH HYUNDAI HEAVY INDUSTRIES CO., LTD. 300 SYLVAN AVENUE, ENGLEWOOD CLIFFS, NJ
07632, U.S.A TEL:+201-816-4080/4081/4034
FAX:+201-816-4083 E-MAIL: NJO@GOLIATH.HHI.CO.KR ORLANDO BRANCH 3452 LAKE LYNDA DRIVE SUITE 110, ORLANDO,
FLORIDA U.S.A. 32817 TEL:+1-407-249-7350 FAX:+1-407-275-4940 |
|
Joint Venture |
HYUNDAI HEAVY INDUSTRIES CO. - BULGARIA 1271, SOFIA 41, ROJEN BLVD. BULGARIA TEL:+359-2-938-1068/382-937/383-105
FAX:+359-2-936-0742/0305 HYUNDAI DONGANH STEEL TOWER CO., LTD. BLOCK 3A DONGANH TOWN, HANOI, VIETNAM TEL:+84-4-883-3649/3650/3651
FAX:+84-4-883-3648 CHANGZHOU HYUNDAI CONSTRUCTION MACHINERY
CO., LTD. LUSHU,CHANGZHOU,JIANGSU,CHINA (213002) TEL:+86-519-675-0060/5188/2690,
519-676-7799 FAX:+86-519-675-5332/5870/0500 BEIJING HYUNDAI JINGCHENG CONSTRUCTION
MACHINARY CO, LTD. NO.2, NANLI, LUGUOQIAO, FENGTAI DISTRICT,
BEIJING, CHINA TEL:+86-10-8321-8348/4730/4735/8347/9880
FAX:+86-10-8321-1353/4730 HOTEL HYUNDAI VLADIVOSTOK 29, SEMENOVSKAYA STR, VLADIVOSTOK, 690091
RUSSIA TEL:+7-4232-40-7300 FAX:+7-4232-40-7007 HYUNDAI ENOVA INNOVATIVE TECHNOLOGY CENTER 19850 S. Magellan Drive Torrance, Ca. 90502
U.S.A TEL:+1-310-527-0767/0768
FAX:+1-310-527-7888 |
|
Subsidiary |
HYUNDAI SAMHO HEAVY INDUSTRIES CO., LTD. 1700, YONGDANG-RI, SAMHO-MYEON,
YEONGAM-GUN, JEONNAM-DO 526-751 KOREA TEL:+82-61-460-2114 FAX:+82-61-460-3701 INDUSTRY: BUILDING OF STEEL SHIPS HYUNDAI FINANCE CORP. HYUNDAI BLDG. EAST 77, MUGYO-DONG, JUNG-GU,
SEOUL 100-170 KOREA TEL:+82-2-728-8800 FAX:+82-2-728-8887 INDUSTRY: OTHER CREDIT GRANTING N.E.C. H. C. E. U. S. A. LOCATION: CHICAGO USA INDUSTRY: SALES OF CONSTRUCTION EQUIPMENT HYUNDAI HEAVY INDUSTRIES EUROPE N. V. VOSSENDAAL 11, 2440 GEEL, BELGIUM TEL:+32-14-56-2201 FAX:+32-14-59-3405 INDUSTRY: SALES OF CONSTRUCTION EQUIPMENT HUNELEC ENGINEERING & TECHNOLOGIES.
LTD. 1146 BUDAPEST, HERMINA UT 22, HUNGARY TEL:+36-1-273-3730, 3733, 3739
FAX:+36-1-220-6708 E-MAIL: STPARK@HUNELEC.HU |
|
Cooperative Enterprise |
MAN B&W DIESEL A/S MAN B&W DIESEL AG WARTSILA SWITZERLAND LTD. VIT-UKRANE HITACHI-JAPAN GAZ TRANSPORT & TECHNI GAZ-FRANCE GLOBAL SANTAFE(USA) |
(Activity &
Markets)
|
Sales/ Unit : Mil. KRW |
09/2011 |
2010 |
2009 |
|
Export |
27,887,181 |
30,986,127 |
26,232,124 |
|
Domestic |
11,302,751 |
8,116,199 |
3,022,258 |
|
Total |
39,189,932 |
39,102,326 |
29,254,382 |
The Subject deals
with the companies in USA and Europe.
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
|
The Subject Company |
HYNIX SEMICONDUCTOR INC(134411-0001387) , HYUNDAI SECURITIES CO.,
LTD.(110111-0042476) and Mr. Lee Ik-Chi |
Related to Share Option Agreement with CIBC |
192,900,000,000 |
The Court rejected this case as of 03/26/2009. The Subject won against HYUNDAI SECURITIES CO., LTD.(110111-0042476)
and Mr. Lee Ik-Chi as of 06/29/2006. |
|
|
International Chamber of Commerce (Singapore Court) |
International Petroleum
Investment Co.(IPIC) |
The Subject & Ex Hyundai Affiliated companies |
Deemed Offer |
- |
The Subject & Ex Hyundai Affiliated companies won by the decision of ICC. |
|
|
Seoul Central District Court |
The Subject & Ex Hyundai Affiliated companies |
International Petroleum
Investment Co.(IPIC) |
Accept for ICC’s Decision |
- |
Proceeding |
|
|
|
Kang Chane-Hee and others(33) |
The Subject Company |
Claim for the retirement payment |
1,922,000,000 |
The Subject defeated and paid that amount. |
|
|
Seoul High Court |
The Subject Company |
Fair Trade Commission |
Cancellation on the imposed penalty |
19,415,000,000 |
Proceeding |
|
|
Int’l Tax Commission |
The Subject Company |
National Tax Office |
Additional Tax imposing |
107,600,000,000 |
Proceeding |
|
|
|
|
The Subject & partner’s companies |
Refunding of Receivables |
2,579,000,000 |
Proceeding |
|
|
|
The Subject Company |
Lotte E&C |
Claim for receivables on Construction |
1,960,000,000 |
Proceeding |
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.87 |
|
|
1 |
Rs.86.46 |
|
Euro |
1 |
Rs.69.49 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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.