|
Report Date : |
05.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
CJ CHEILJEDANG CORPORATION |
|
|
|
|
Formerly Known As : |
CJ CHEILJEDANG CORP. |
|
|
|
|
Registered Office : |
500, Namdaemunno 5-ga, Jung-gu, Seoul, Korea, CJ Bldg., Zip Code 100-802 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
04.09.2007 |
|
|
|
|
Com. Reg. No.: |
104-86-09535 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacturer of Livestock Feeds and Prepared Animal Feeds |
|
|
|
|
No. of Employees : |
6002 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
Usually Correct |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
South korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
South Korea - ECONOMIC OVERVIEW
South Korea over the past four decades has demonstrated incredible growth and global integration to become a high-tech industrialized economy. In the 1960s, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies, and currently is among the world's 20 largest economies. Initially, a system of close government and business ties, including directed credit and import restrictions, made this success possible. The government promoted the import of raw materials and technology at the expense of consumer goods, and encouraged savings and investment over consumption. The Asian financial crisis of 1997-98 exposed longstanding weaknesses in South Korea''s development model including high debt/equity ratios and massive short-term foreign borrowing. GDP plunged by 6.9% in 1998, and then recovered by 9% in 1999-2000. Korea adopted numerous economic reforms following the crisis, including greater openness to foreign investment and imports. Growth moderated to about 4% annually between 2003 and 2007. With the global economic downturn in late 2008, South Korean GDP growth slowed to 0.3% in 2009. In the third quarter of 2009, the economy began to recover, in large part due to export growth, low interest rates, and an expansionary fiscal policy, and growth was 3.6% in 2011. In 2011, the US-South Korea Free Trade Agreement was ratified by both governments and is projected to go into effect in early 2012. The South Korean economy''s long term challenges include a rapidly aging population, inflexible labor market, and heavy reliance on exports - which comprise half of GDP.
|
Source : CIA |
|
Company Name |
CJ CHEILJEDANG CORPORATION (Korean Company Name :”CJ제일제당(주)”) |
|
Registered
Address |
500, Namdaemunno 5-ga, Jung-gu, Seoul, Korea |
|
Building |
CJ
Bldg. |
|
Zip Code |
100-802 |
|
Tel |
+82-2-726-8114 |
|
Fax |
+82-2-726-8319 +82-2-6740-1023 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
CJ
Bldg., 500, Namdaemunno 5-ga, Jung-gu, Seoul, Korea |
|
Tel |
+82-2-726-8114 |
|
Fax |
+82-2-726-8319 +82-2-6740-1023 |
|
Trading Address-Seoul Branch |
7th
Fl., Hangyeong Bldg., 441, Jungnim-dong, Jung-gu, Seoul, Korea |
|
Tel |
+82-2-6740-0005 |
|
Fax |
+82-2-6740-1002 |
|
Other Address-MD Team |
292, Ssangnim-dong, Jung-gu, Seoul, Korea |
|
Tel |
+82-2-6390-8826 |
|
Fax |
+82-2-6390-8880 |
|
Other Address-Daeso Factory |
259, Daepung-ri, Daeso-myeon, Eumseong-gun, Chungcheongbuk-do, Korea |
|
Tel |
+82-43-530-7007 |
|
Fax |
+82-43-535-3827 |
|
Other Address-Icheon Factory |
34-3,
Deokpyeong-ri, Majang-myeon, Icheon-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-639-4114 |
|
Fax |
+82-31-639-4004 |
|
Other Address-Icheon 2nd Factory |
511,
Deokpyeong-ri, Majang-myeon, Icheon-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-639-4214 |
|
Fax |
+82-31-639-4229 |
|
Other Address-Gimpo Factory |
92,
Gayang-dong, Gangseo-gu, Seoul, Korea |
|
Tel |
+82-2-3660-0740 |
|
Fax |
+82-2-3660-0727 |
|
Other Address-Incheon 1st Factory |
7-121,
Sinheungdong 3-ga, Jung-gu, Incheon, Korea |
|
Tel |
+82-32-881-2500 |
|
Fax |
+82-32-881-2534 |
|
Other Address-Incheon 2nd Factory |
64,
Sinheungdong 3-ga, Jung-gu, Incheon, Korea |
|
Tel |
+82-32-881-2615~7 |
|
Fax |
+82-32-881-2608 |
|
Other Address-Incheon 3rd Factory |
51-1,
Sinheungdong 3-ga, Jung-gu, Incheon, Korea |
|
Tel |
+82-32-881-2691 |
|
Fax |
+82-32-881-2689 |
|
Other Address-Gunsan Factory |
43,
Soryong-dong, Gunsan-si, Jeollabuk-do, Korea |
|
Tel |
+82-63-460-7881 |
|
Fax |
+82-63-460-7734 |
|
Other Address-Yeongdeunpo Factory |
636,
Guro-dong, Guro-gu, Seoul, Korea |
|
Tel |
+82-2-2629-5022 |
|
Fax |
+82-2-2629-5015 |
|
Type |
Export/Import |
|
Industry |
Manufacture
of Glucose and Glucose Syrup, Maltose |
|
Main Business |
Sugar,
Wheat Flour, Medicine, Feeds |
|
Sub Business |
Manufacture
of Livestock Feeds and Prepared Animal Feeds |
|
Established
(mm/dd/yyyy) |
09/04/2007 |
The Subject owns the premises of Gimpo Factory, Icheon Factory, Icheon
Factory, Gunsan Factory and Yeongdeunpo
Factory.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Frozen
fish(50121537) |
|
Sell |
Formulas
and products for nutritional support(42231800) |
|
Sell |
Shelf
stable processed or prepared meats(50112003) |
|
Sell |
Dipping
sauces or condiments or spreads or marinades(50171830) |
|
Sell |
Shampoos(53131628) |
|
Sell |
Prepared
and preserved foods(50190000) |
|
Sell |
Skin
care products(53131613) |
|
Sell |
Video
games(60141104) |
|
Sell |
Shampoos(53131628) |
|
Sell |
Hair
care supplies(53131602) |
|
Sell |
Shelf
stable fruit(50101636) |
|
Sell |
Laundry
products(47131811) |
|
Sell |
Cereal
flour(50221102) |
|
Sell |
Cooking
sauce(50171831) |
|
Sell |
Fresh
meat or poultry(50111510) |
|
Sell |
Sport
or energy drink(50202309) |
|
Sell |
Cleaning
and disinfecting solutions(47131800) |
|
Sell |
Soaps(53131608) |
|
Sell |
Vinegars(50171707) |
|
Sell |
Baking
mixes(50181708) |
|
Sell |
Toothpaste(53131502) |
|
Sell |
Natural
sugars or sweetening products(50161509) |
|
Sell |
Prepared
and preserved foods(50190000) |
|
Sell |
Pesticides
or pest repellents(10191500) |
|
Sell |
Instant
mixes and supplies(50193100) |
|
Sell |
Toothbrushes(53131503) |
|
Sell |
Skin
care products(53131613) |
|
Sell |
Artificial
sweetening agents(50161510) |
|
Sell |
Edible
vegetable or plant oils(50151513) |
|
Sell |
Ready
to eat or hot cereals(50221201) |
|
Sell |
Dry
food for dogs(10121801) |
|
Sell |
Foot
care products(53131614) |
|
Sell |
Edible
vegetable or plant oils(50151513) |
|
Sell |
Hand
or body lotions(53131607) |
|
Sell |
Fresh
meat or poultry(50111510) |
|
Sell |
Cereal
flour(50221102) |
|
Sell |
Bath
gels(53131612) |
|
Sell |
Dishwashing
products(47131810) |
|
Sell |
Tea
drinks(50201712) |
|
Sell |
Sun
protection products(53131609) |
|
Sell |
Razors(53131603) |
|
Sell |
Cosmetics(53131619) |
|
Sell |
Shaving
creams(53131611) |
|
Sell |
Nail
clippers(53131621) |
|
Sell |
Motion
pictures on video tape(55111511) |
|
Sell |
Feminine
hygiene products(53131615) |
|
Sell |
Coffee
and tea(50201700) |
|
Sell |
Domestic
spoons(52151704) |
|
Sell |
Towels(52121700) |
|
Sell |
Jams and jellies and nut and sweet spreads
and fruit conserves(50192400) |
|
Sell |
Fresh bread(50181901) |
|
Sell |
Bird and fowl food(10121600) |
|
Sell |
Antineoplastic
agents(51110000) |
|
Name |
Sohn
Kyung-Shik |
|
Address |
- |
|
Date of Birth |
09/15/1939 |
|
Title |
Chairman & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
72,062,330,000 |
|||||||||||||||||||||
|
Employees |
6,002 |
|||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange : 097950) as of 09/28/2007 A Company of CJ Group |
|||||||||||||||||||||
|
Bank Details |
Woori Bank-Namsan Branch |
|||||||||||||||||||||
|
Corporate Registered No. |
110111-3748253 |
|||||||||||||||||||||
|
Business Registered No. |
104-86-09535 |
|||||||||||||||||||||
|
Permit & Licenses |
Int’l Trade No.: 30563678 |
|||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||
|
Company History |
09/ 2007
Incorporated (As of 09/01/2007,
CJ CORP., has been split into two companies, CJ Corp., and CJ CHEILJEDANG
CORPORATION. CJ Corp., exists
as a Holding Company, and CJ CHEILJEDANG CORPORATION is newly established
with taking the Manufacturing Business Division of CJ Corp.) 02/29/2008 Changed English company name to CJ CHEILJEDANG CORPORATION
from CJ CHEILJEDANG CORP. 09/01/2009 Acquired SAM YANG OIL CO., LTD.(110111-0224298) 09/2010 Acquired CJ Global
Holdings Limited 03/23/2011 Decide to acquire SHINDONGBANG CP
CORPORATION(110111-0068555) 11/01/2011 Acquired HASUNJUNG
GENERAL FOOD CO., LTD.(110111-0239833) 12/30/2011 Acquired KOREA EXPRESS
CORPORATION(110111-0006167) |
|||||||||||||||||||||
|
|
|
|
Job
Description |
Title |
Name |
Nationality |
Date of
Birth |
Education/Career |
|
Chairman & CEO |
Mr. |
Sohn Kyung-Shik |
Korean |
1939.09.15 |
Seoul National University, Korea |
|
Chairman & CEO |
Mr. |
Lee Jay-Hyun |
Korean |
1960.03.19 |
Korea University, Korea |
|
President & CEO |
Mr. |
Kim Chul-Ha |
Korean |
1952.01.07 |
Seoul National University, Korea |
|
Auditor |
Mr. |
Ju Sun-Hoi |
Korean |
1948.05.05 |
Prof. of Korea University |
|
Outside Director |
Mr. |
Park Young-Bae |
Korean |
1949.04.25 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Moon Chang-Jin |
Korean |
1953.03.02 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Park Dae-Dong |
Korean |
1951.05.13 |
Seoul National University, Korea |
Mr. Sohn Kyung-Shik
Education
MBA, Oklahoma State University (1968)
B.A. in Law, Seoul National University (1961)
Career
Chairman , CJ (Present)
Vice Chairman , Cheil Jedang Corporation (1993)
President,Vice Chairman,Samsung Fire & Marine Insurance Co.,
Ltd.(1997)
Marketing Manager , Samsung Electronics Co., Ltd. (1968)
Vice President, Korea Food Industry Association
Vice President, Korea Management Association
Member, Board of Directors, Naksan Scholarship Foundation
President , Supporter's Association, Seoul National University
Vice President , Seoul Chamber of Commerce
President, The Korea Chamber of Commerce &Industry
Awards
Gold Medal of Industry (2002) - Government of Republic of Korea
CEO of the Year Award (2002) - Korea Management Association
Industrial Award of the Year 2001 - Century Top Management Club
Mr. Lee Jay-Hyun
Education
BA in Law, Korea University (1984)
Career
Chairman, CJ (Present)
Vice Chairman, Cheil Jedang Corporation (1997-2002)
Vice President, Cheil Jedang Corporation (1997)
Managing Director, Cheil Jedang Corporation (1993-1997)
Executive Director, Samsung Electronics Co., Ltd. (1993)
Senior Manager, Cheil Foods and Chemicals, Inc. (1985-1993)
Manager, Citibank-Seoul (1983-1985)
Awards
Named one of the Global Leaders for Tomorrow,
During the World Economic Forum (1996)
|
Year / Unit
: KRW |
Sales |
Assets |
Net Income |
|
(*)2012 |
4,671,189,309,000 |
6,376,699,881,000 |
179,832,910,000 |
|
(*)2011 |
4,421,058,360,000 |
6,084,055,736,000 |
158,547,759,000 |
|
(*)2010 |
3,962,652,400,000 |
4,687,313,835,000 |
569,417,315,000 |
|
2009 |
3,838,732,304,000 |
4,028,579,524,000 |
272,139,112,000 |
|
2008 |
3,494,878,333,000 |
3,752,345,368,000 |
25,366,072,000 |
|
2007 |
1,002,840,555,000 |
2,197,278,564,000 |
16,261,823,000 |
(*)Figures are based
on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
250,000,000,000 |
|
Paid-Up Capital(KRW) |
72,062,330,000 |
|
Total Issues Shares |
14,412,466 |
Balance
Sheet
|
|||
|
Unit : Thousand Korean Won |
As of
12/31/2012 |
As of
12/31/2011 |
As of
12/31/2010 |
|
Total Assets |
6,376,699,881 |
6,084,055,736 |
4,687,313,835 |
|
Current
Assets |
1,360,819,848 |
1,469,481,375 |
1,381,466,361 |
|
Cash & Cash Equivalents |
63,389,730 |
43,425,157 |
148,845,781 |
|
Current Financial Instruments |
18,144,905 |
19,225,249 |
114,878,645 |
|
Short-Term Receivables |
26,330,702 |
22,694,065 |
24,594,563 |
|
Trade Receivables |
452,036,361 |
511,472,480 |
454,983,990 |
|
Inventories |
657,414,028 |
711,835,498 |
484,886,962 |
|
Other Current Financial
Instruments |
119,542,149 |
142,307,374 |
137,555,634 |
|
Other Current Assets |
23,961,973 |
18,521,552 |
15,720,786 |
|
Non-Current
Assets to be Sold |
2,566,302 |
2,566,302 |
3,696,788 |
|
Non-Current
Assets |
5,013,313,731 |
4,612,008,059 |
3,302,150,686 |
|
Investment_Related Companies |
1,633,188,964 |
1,541,987,718 |
581,363,775 |
|
Tangibles |
2,246,501,032 |
2,194,273,747 |
1,951,305,434 |
|
Intangibles |
241,331,162 |
162,721,556 |
67,847,676 |
|
Investment_Real Estates |
162,858,808 |
166,360,592 |
166,292,354 |
|
Finance Lease Assets |
61,324,562 |
0 |
0 |
|
Other Non-Current Financial
Instruments |
632,221,134 |
543,178,623 |
530,473,959 |
|
Other Non-Current Assets |
35,888,069 |
3,485,823 |
4,867,488 |
|
Total
Liabilities |
3,663,798,593 |
3,634,720,463 |
2,141,103,029 |
|
Current
Liabilities |
1,605,871,594 |
2,261,502,989 |
1,441,545,686 |
|
Trade
Payables |
327,457,968 |
124,789,312 |
177,885,495 |
|
Short-Term Borrowings |
668,525,679 |
1,187,005,289 |
388,391,018 |
|
Account Payables |
274,127,484 |
271,247,559 |
230,481,158 |
|
Accrued Income Tax |
8,741,248 |
37,427,875 |
126,438,402 |
|
Current Portion of Provisions |
2,902,354 |
2,644,227 |
2,777,555 |
|
Current Portion of Long-Term
Debts |
150,526,184 |
452,147,119 |
334,264,054 |
|
Current Portion of Finance Lease |
4,221,872 |
0 |
0 |
|
Other Current Finance Liabilities |
136,917,862 |
149,556,775 |
143,294,537 |
|
Other Current Liabilities |
32,450,943 |
36,684,833 |
38,013,467 |
|
Non-Current
Liabilities |
2,057,926,999 |
1,373,217,474 |
699,557,343 |
|
Debentures |
1,194,189,823 |
647,504,276 |
249,511,151 |
|
Long-Term Borrowings |
427,578,250 |
393,719,334 |
85,396,617 |
|
Finance Lease Debts |
58,204,799 |
|
|
|
Provision for Severance &
Retirement |
33,594,339 |
27,094,817 |
20,194,731 |
|
Other Non-Current Financial Debts |
14,265,193 |
19,102,651 |
9,333,514 |
|
Other Non-Current Liabilities |
9,190,525 |
|
|
|
Deferred Income Tax Credit |
320,904,070 |
285,796,396 |
335,121,330 |
|
Capital
Stock |
72,062,330 |
72,031,650 |
70,511,905 |
|
Capital Surplus |
892,146,629 |
891,106,154 |
779,846,035 |
|
Others |
147,146,172 |
19,570,732 |
348,036,973 |
|
Profit Surplus |
1,601,546,157 |
1,466,626,737 |
1,347,815,893 |
|
Total Equity |
2,712,901,288 |
2,449,335,273 |
2,546,210,806 |
|
Liab. & Shareholder’s Equity |
6,376,699,881 |
6,084,055,736 |
4,687,313,835 |
Income
Statement
|
|||
|
Unit : Thousand Korean Won |
As of
12/31/2012 |
As of
12/31/2011 |
As of
12/31/2010 |
|
Sales |
4,671,189,309 |
4,421,058,360 |
3,962,652,400 |
|
Cost of Sold Goods |
3,330,565,157 |
3,221,513,834 |
2,791,300,903 |
|
Gross Profit |
1,340,624,152 |
1,199,544,526 |
1,171,351,497 |
|
Selling & Admin.
Expenses |
1,094,513,950 |
1,029,969,533 |
943,289,443 |
|
Operating Income |
246,110,202 |
169,574,993 |
228,062,054 |
|
Other Operating
Income |
77,419,601 |
84,552,247 |
106,782,611 |
|
Other Operating
Expenses |
122,958,898 |
120,114,112 |
147,816,842 |
|
Finance Income |
158,323,265 |
253,846,390 |
647,853,731 |
|
Finance Expenses |
152,298,885 |
154,045,653 |
108,027,018 |
|
Profits from
Investment on Related Companies |
0 |
0 |
-37,195 |
|
Income Before Taxes |
206,595,285 |
233,813,865 |
726,817,341 |
|
Income Taxes Expenses |
26,762,375 |
75,266,106 |
157,400,026 |
|
Net Income |
179,832,910 |
158,547,759 |
569,417,315 |
Cash
Flows
|
|||
|
Unit : Thousand Korean Won |
As of
12/31/2012 |
As of
12/31/2011 |
As of
12/31/2010 |
|
Operating Activities
Cash Flows |
565,002,196 |
-152,009,748 |
180,202,638 |
|
Cash Flows from
Operating |
597,894,019 |
6,273,962 |
208,542,456 |
|
Income Taxes |
-32,891,823 |
-158,283,710 |
-28,339,818 |
|
Cash Flows from
Investing |
-316,404,086 |
-1,341,138,790 |
500,851,616 |
|
Cash Flows from
Financing |
-228,624,029 |
1,387,714,986 |
-684,620,087 |
|
Increase/Decrease in
Cash |
19,964,573 |
-105,420,624 |
-3,564,637 |
|
Cash at the Beginning
of Year |
43,425,157 |
148,845,781 |
152,410,418 |
|
Cash at the End of
Year |
63,389,730 |
43,425,157 |
148,845,781 |
|
Main Products & Services |
Food & Food Service The Food & Foodservice Division is the
starting point and center of business for CJ. As the largest food &
foodservice company in Korea, CJ is creating a dining culture of affluence to
pursue the health and happiness of our customers through diverse products and
services. Bio Pharma The Bioengineering Division of CJ is
conducting bio-business activities on nucleic acids, as well as amino acids
such as lysine and threonine, utilizing mass fermentation technology that
complies with international standards. It is advancing in the pharmaceutical
field as a leading company through the reestablishment of a business model
focused first on generic products and improved new pharmaceuticals. |
|
Customers |
Department Stores, Super, Convenience
Store, Discount Stores, Beverage companies, Feed Manufacturers |
|
Competitors |
SAMYANG CORPORATION(110111-0026181) 263, YEONJI-DONG, JONGNO-GU, SEOUL, KOREA TEL:+82-2-740-7114 FAX:+82-2-743-7720 TS CORPORATION(120111-0018368) 6-14, BUKSEONGDONG 1-GA, JUNG-GU, INCHEON,
KOREA TEL:+82-32-770-1400 FAX:+82-32-770-1601 DAESANG CORPORATION(110111-0327125) DAESANG BLDG., 96-48, SINSEOL-DONG,
DONGDAEMUN-GU, SEOUL, KOREA TEL:+82-2-2220-9500 FAX:+82-2-2232-3719 |
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
CJ CORP.(110111-0015639) CJ CGV CO., LTD.(110111-1673220) SAMHO F&G INC.(110111-0215578) (46.52% held by the subject company) CJ HOME SHOPPING CO., LTD.(110111-1109134) CJ FRESHWAY CORPORATION(180111-0083442) CJ INTERNET CORP.(110111-0330962) M-NET MEDIA CORP.(110111-1051814) CJ DEVELOPMENT CO., LTD.(110111-0699079) CJ SYSTEMS CO., LTD(110111-1138498) CJ MEDIA INC.(110111-0972772) CJ GLS(174811-0001141) CJ VENTURE INVESTMENT CO.,
LTD.(110111-1882459) CJ FOODVILLE CORP.(161511-0036967) CJ HELLOVISION CO., LTD.(110111-1144297) JOY RENT A CAR(110111-1235674) CJ TELENIX CO., LTD.(110111-2146888) CJ MD1 CORP.(110111-2593758) (100.0% held by the subject company) SAM YANG OIL CO., LTD.(110111-0224298) CJ OLIVEYOUNG CO., LTD.(110111-2641565) CJ HELLOVISION HAEUNDAEGIJANG BROADCASTING
CO., LTD(180111-0153576) SHINDONGBANG CP CORPORATION(110111-0068555) (99.72% held by the subject company) CJ JOYCUBE CO., LTD.(110111-1453953) CJ POWERCAST INC.(131111-0107572) CJ TVN CO., LTD.(110111-2949373) CJNGCK KOREA(110111-2950982) ART SERVICE(110111-2356429) PRIMUS CINEMA(110111-2587090) SUPER FEED CO., LTD.(141211-0031313) (99.99% held by the subject company) DONDON FAR CO., LTD.(134511-0083185) SC LOGIS CO., LTD.(110111-1960362) CJ IG CO., LTD.(110111-3157199) JS COMMUNICATIONS(110111-3269043) ANIPARK CO., LTD.(110111-1896286) GAMEALLO CO., LTD(110111-2098063) |
|
Affiliates-Domestic |
CHAMP VISION INC.(110111-3167081) CJ SPORTS CO., LTD.(110111-3338947) CJ N CITY CO., LTD.(110111-3350016) CJ ENTERTAINMENT INC.(110111-1445231) GOOD CONCERT CO., LTD.(110111-1985013) CJ HELLOVISION DREAMCITY BROADCASTING CO.,
LTD(121111-0057331) DREAM NETWORKS CO., LTD.(121111-0108639) TRAUM HOUSING CO., LTD.(134111-0143309) C&I LEISURE INDUSTRY
CORP.(110111-3477969) SUN TV(110111-3175183) CJ HELLOVISION YOUNGNAM BROADCASTING CO.,
LTD.(171111-0004986) CJ MOOTER INC.(110111-3538175) BROADBAND SOLUTIONS, INC.(110111-2165177) HASUNJUNG GENERAL FOOD CO.,
LTD.(110111-0239833) (100.0% held by the subject company) CHUNGNAM CABLE TV BROADCASTING
CORPORATION(165011-0005273) KM TV(134111-0122816) CJ STORY HUB CULTURE INDUSTRY
LTD.(110114-0067676) CLIP SERVICE INC.(110111-1908693) CJ HELLOVISION JOONG-ANG BROADCASTING CO.,
LTD(180111-0031566) CJ CABLENET GEUM-JEONG CO.,
LTD(180111-0371558) GAGUM YUSUN BROADECASTING CO.,
LTD.(180111-0298786) KOREAN CABLE TV MODOO BROADCASTING CO.,
LTD.(161111-0007841) E&C INFRA CO., LTD.(110111-3815193) HWASUNG BONGDAM PFV(110111-3825241) D-CINEMA KOREA(110111-3837501) CJ WORLDIS CO., LTD.(110111-3870527) SEJUNG DMS CO., LTD.(110111-1596117) INTERNATIONAL MEDIA GENIUS CO.,
LTD.(110111-3008673) O
MEDIA HOLDINGS CO., LTD.(110111-4434554) |
|
Affiliates-Overseas |
CJ AMERICA, INC. CJ BAKERY, INC. CJ PACIFIC CORP. LEE ENTERTAINMENT L.L.C. CJ EUROPE GMBH CJ ORD RIVER SUGAR PTY, LTD. PT.C.J. INDONESIA PT.C.J. SUPERFEED PT. SUPERUNGGAS JAYA PT. CJ FEED JOMBANG CJ PHILIPPINES, INC. CJ DONDON FARM CO., INC CJ VINA AGRI CO., LTD. CJ CHINA, LTD. CJ QINGDAO FOODS CO., LTD. CJ BEIJING BEVERAGE & FOODS CO., LTD. CJ CHENGDU FEED CO., LTD. CJ JAPAN CORP., CJ SHENYANG FEED CO., LTD CJ QINGDAO FEED CO., LTD. CJ LIAOCHENG BIOTECH CO., LTD. CJ GUIYANG FEED CO., LTD. CJ ZHENGZHOU FEED CO., LTD CJ NANJING FEED CO., LTD. CJ TUR YEM VE T.A.S. CJ BEIJING BAKERY CO., LTD. CJ TIANJIN FEED CO., LTD. CJ HARBIN FEED CO., LTD. CJ INTERNET, INC. CJ ENTERTAINMENT AMERICA L.L.C. CJ INTERNET JAPAN CORP. CJ DO BRASIL LTDA. CJ MEDIA JAPAN CO., LTD. ANNIE CHUN'S, CJ(QINGDAO) GLS INC. CJ FOOD SERVICE CO. LTD. CJ GLS ASIA PTE.LTD. LIAOCHENG LANTIAN COGENERATION PLANT CO.,
LTD. SHANGHAI SHANGYING CGV CINEMA CO., LTD. |
|
Affiliates-Overseas |
CJ NUTRACON PTY. CJ CHANGSHA FEED CO., LTD. CJ FOOD SERVICE(SANGHAI) CO., LTD. PT.CJ GLS INDONESIA CJ GLOBAL HOLDINGS LIMITED CJ GLS MALAYSIA SDN.BHD CJ GLS(C) SHANGHAI CO., LTD. CJ GLS HONG KONG LIMITED CJ LOGISTICS NETHERLANDS B.V. CJ GLS PHILIPPINES., INC. CJ GLS(S) AIR FREIGHT PTE LTD. CJ GLS(S) INFOTECH PTE LTD. CJ GLS(S) SHIPPING PTE LTD. CONPAC WAREHOUSING PTE LTD. CJ INTERNATIONAL ASIA PTE. LTD. CJ CGV AMERICA HOLDINGS, INC CJ CGV AMERICA LA, LLC. CJ GLS AMERICA, INC., CJ OMNI, INC. TOUS LES JOURS USA, LLC. CJ FEED INDIA PRIVATE LIMITED CJIT2 HOLDING LIMITED CJ BAKERY VIETNAM CO., LTD CJ HOME SHOPPING (BEIJING) CO., LTD. CJ INTERNATIONAL TRADING CO., LTD. CJ FOOD COURT, LLC CJ GLS CENTRAL AMERICA S.A. DE C.V. CMI HOLDINGS LIMITED. EC DISTRIBUTION SND BHD EC LOGISTICS(M) SDN BHD EC SERVICE ENTERPRISE SDN BHD KWIK ENTERPRISE SDN BHD QUICK LOGISTICS(M) SDN BHD SUPPLYCHAINSERVICE SDN BHD |
|
Subsidiary |
SAM YANG OIL CO., LTD.(110111-0224298) (99.99% held by the subject company) SHINDONGBANG CP CORPORATION(110111-0068555) (99.72% held by the subject company) HWASUNG BONGDAM PFV(110111-3825241) (100.0% held by the subject company) CJ LIAOCHENG BIOTECH CO., LTD. (100.0% held by the subject company) CJ DO BRASIL IND. COM. PROD. ALIM. LTDA. (99.99% held by the subject company) CJ AMERICA INC. (100.0% held by the subject company) CJ CHINA LTD. (99.66% held by the subject company) PT CHEIL JEDANG INDONESIA (99.99% held by the subject company) CJ QINGDAO FOODS CO., LTD. (100.0% held by the subject company) CJ BEIJING BEVERAGE CO., LTD. (100.0% held by the subject company) |
|
Subsidiary |
CJ ORD RIVER SUGAR PTY., LTD. (52.53% held by the subject company) CJ EUROPE GMBH. (100.0% held by the subject company) ANNIE CHUN'S INC. (84.99% held by the subject company) CJ PACIFIC CORP. 100.0% held by the subject company) CJ NUTRACON PTY., LTD (100.0% held by the subject company) LIAOCHENG LANTIAN COGENERATIONS PLANT CO.,
LTD. (100.0% held by the subject company) BEIJING ERSHANG CJ FOOD CO., LTD (49.0% held by the subject company) CJ OMNI INC. (87.05% held by the subject company) CJ INTERNATIONAL TRADING CO., LTD (100.0% held by the subject company) CJ PHARMA RESEARCH INDIA PVT. LTD (100.0% held by the subject company) CJ&HACL FOODTECH CO., LTD (38.11% held by the subject company) |
|
Cooperative Enterprise |
-Technical Support from YAKURT(JAPAN) HORMEL |
(Activity & Markets)
|
Sales/ Unit
:Thousand KRW |
2010 |
2009 |
2008 |
|
Export |
262,446,531 |
248,249,933 |
198,815,514 |
|
Domestic |
3,697,144,351 |
3,587,966,976 |
3,294,004,083 |
|
Others |
3,061,518 |
2,515,395 |
2,058,736 |
|
Total |
3,962,652,400 |
3,838,732,304 |
3,494,878,333 |
The subject mainly exports to South East Asia, North America and Europe.
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount
(Million KRW) |
Status |
|
|
|
The
Subject Company |
Kookmin
Bank |
Refund
of Inappropriate Profit |
2,852 |
proceeding |
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.65 |
|
UK Pound |
1 |
Rs.82.41 |
|
Euro |
1 |
Rs.70.08 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.