|
Report Date : |
16.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
DONGBU HITEK CO., LTD. |
|
|
|
|
Formerly Known As : |
DONGBU HANNONG CO., LTD. |
|
|
|
|
Registered Office : |
891-10, Daechi 4-dong, Gangnam-gu, Seoul, Korea, 20th Fl., Dongbu
Financial Center, Zip Code 135-523 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
28.04.1953 |
|
|
|
|
Com. Reg. No.: |
211-81-10771 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacturer of Agricultural Chemical Products |
|
|
|
|
No. of Employees : |
2304 |
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 |
|
|
|
|
Payment Behaviour : |
Slow but 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 |
DONGBU HITEK
CO., LTD. (Korean Company Name : “(주)동부하이텍”) |
|
Registered
Address |
891-10, Daechi 4-dong, Gangnam-gu, Seoul, Korea |
|
Building |
20th
Fl., Dongbu Financial Center |
|
Zip Code |
135-523 |
|
Tel |
+82-2-3484-1500 |
|
Fax |
+82-2-3484-1588 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
19~21th Fl., Dongbu Financial Center, 891-10, Daechi 4-dong, Gangnam-gu,
Seoul, Korea |
|
Tel |
+82-2-3484-1500 |
|
Fax |
+82-2-3484-1588 |
|
Other Address-Bucheon Factory
(Semiconductor Div.) |
222-1, Dodang-dong, Wonmi-gu, Bucheon-si, Gyeonggi-do, Korea |
|
Tel |
+82-32-680-4830 |
|
Fax |
+82-32-680-4800 |
|
Other Address-Sangu Factory (Semiconductor
Div.) |
474-1, Sangu-ri, Gamgok-myeon, Eumseong-gun, Chungcheongbuk-do, Korea |
|
Tel |
+82-43-879-9700 |
|
Fax |
|
|
Other Address-Incheon Factory
(Agricultural Div.) |
401,
Hagik-dong, Nam-gu, Incheon, Korea |
|
Tel |
+82-32-868-3211~7 |
|
Fax |
+82-32-868-3511 |
|
Other Address-R&D Center (Agricultural
Div.) |
Dongbu
Advanced Research Institute., 103-2, Munji-dong
,Yuseong-gu, Daejeon, Korea |
|
Tel |
+82-42-866-8114 |
|
Fax |
+82-42-861-1583 |
|
Other Address-Jeju Factory (Agricultural
Div.) |
290-39,
Hamdok-ri, Jochon-eup, Jeju-si, Jeju-do, Korea |
|
Tel |
+82-64-784-5041 |
|
Fax |
+82-64-784-5043 |
|
Other Address-Ulsan Factory (Agricultural
Div.) |
523,
Maeam-dong, Nam-gu, Ulsan, Korea |
|
Tel |
+82-52-261-5041 |
|
Fax |
+82-52-261-1724 |
|
Other Address-Ulsan Factory (Petrochemical
Div.) |
665,
Bugok-dong, Nam-gu, Ulsan, Korea |
|
Tel |
+82-52-272-1141~5 |
|
Fax |
+82-52-259-2671 |
|
Type |
Export/Import |
|
Industry |
Manufacture
of Agricultural Chemical Products |
|
Main Business |
Agrichemicals,
Polystyrene, Expanded Polystyrene, Styrene Monomer, Fertilizers |
|
Sub Business |
Manufacture
of Diodes, Transistors and Similar Semi-conductor Devices |
|
Established
(mm/dd/yyyy) |
04/28/1953 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Non ferrous alloy(11101711) |
|
Sell |
Nitrogen Phosphorous Potassium Mixtures
NPK(10171605) |
|
Sell |
Chemical fertilizers and plant nutrients(10171600) |
|
Sell |
Polystyrene foam(13111308 |
|
Sell |
Polystyrene resin(13111023) |
|
Sell |
Organic fertilizers and plant nutrients(10171500) |
|
Sell |
Veterinary products(42121600) |
|
Sell |
Melon seeds or seedlings(10151514) |
|
Sell |
Cucumber seeds or seedlings(10151507) |
|
Sell |
Vegetable seeds and seedlings(10151500) |
|
Sell |
Chili seeds or seedlings(10151504) |
|
Sell |
Tomato seeds or seedlings(10151518) |
|
Sell |
Squash seeds or seedlings(10151532) |
|
Sell |
Carrot seeds or seedlings(10151502) |
|
Sell |
Spinach seeds or seedlings(10151517) |
|
Sell |
Endive seeds or seedlings(10151509) |
|
Sell |
Veterinary anthelmintics(51102500) |
|
Sell |
Veterinary products(42121600) |
|
Sell |
Pesticides or pest repellents(10191500) |
|
Sell |
Nitrogen Phosphorous Potassium Mixtures
NPK(10171605) |
|
Sell |
Metabolites(51251000) |
|
Sell |
Insecticides(10191509) |
|
Sell |
Genito urinary system sex or hormone veterinary
products(42121607) |
|
Name |
Park Yong-In |
|
Address |
|
|
Date of Birth |
04/23/1964 |
|
Title |
Co-President
& CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
212,303,970,000 |
|||||||||||||||||||||||||||
|
Employees |
2,304 |
|||||||||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange : 000990) as of 12/12/1975 A company of DONGBU Group |
|||||||||||||||||||||||||||
|
Bank Details |
Hana Bank-Jungbu Branch |
|||||||||||||||||||||||||||
|
Corporate Registered No. |
110111-0026206 |
|||||||||||||||||||||||||||
|
Business Registered No. |
211-81-10771 |
|||||||||||||||||||||||||||
|
Permit & Licenses |
Int’l
Trade No.: 673035 |
|||||||||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||||||||
|
Company History |
04/28/1953 Incorporated 03/2006 Changed company name to Dongbu Hannong
Co., Ltd from DONGBU HANNONG CHEMICALS CO., LTD. 05/2007 Acquired DONGBUELECTRONICS
CO., LTD.(110111-0033821) 05/2007 Changed company name to the present
name from DONGBU HANNONG CO., LTD. 02/2008 Spin off Metal Raw Material
Business Division as DONGBU METAL CO., LTD.(110111-3836678) 06/01/2010 Spin off Agricultural Business
as DONGBU
HANNONG CO., LTD.(110111-4362482) |
|||||||||||||||||||||||||||
|
|
|
|
Job
Description |
Title |
Name |
Nationality |
Date of
Birth |
Education |
|
Co-President
& CEO |
Mr. |
Park
Yong-In |
Korean |
1964.04.23 |
Yonsei University |
|
Co-President
& CEO |
Mr. |
Choi Chang-Sik |
Korean |
1954.01 |
Seoul
National University, Korea |
|
Vice
President & CFO |
Mr. |
Koo
Kyo-Hyung |
Korean |
1956.06.25 |
Seoul
National University, Korea |
|
Outside
Director/Auditor |
Mr. |
Kim
Ho-Up |
Korean |
1950.05.05 |
Korea
University, Korea |
|
Outside
Director/Auditor |
Mr. |
Kyung Jong-Min |
Korean |
1953.06.21 |
KAIST, Korea |
|
Outside
Director/Auditor |
Mr. |
Kim In-Cheol |
Korean |
1951.04 |
Hanyang University, Korea |
|
Year / Unit
: KRW |
Sales |
Assets |
Net Income |
|
583,901,596,769 |
1,149,069,243,850 |
-32,121,504,172 |
|
|
(*)2011 |
534,317,238,352 |
1,183,957,429,122 |
-93,084,414,395 |
|
(*)2010 |
593,441,908,021 |
1,363,686,317,375 |
-204,814,784,425 |
|
2009 |
484,361,855,225 |
2,448,081,635,939 |
-176,442,539,028 |
|
2008 |
1,347,649,483,863 |
3,334,536,110,072 |
-281,570,477,762 |
|
2007 |
1,372,190,425,266 |
3,213,715,696,336 |
-16,938,760,533 |
|
2006 |
1,073,524,606,072 |
1,076,069,175,701 |
40,503,854 |
|
2005 |
1,152,170,114,458 |
1,126,572,168,618 |
11,223,900,410 |
|
2004 |
1,068,282,276,493 |
976,639,082,233 |
40,964,606,773 |
(*)Figures are based
on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
1,000,000,000,000 |
|
Paid-Up Capital(KRW) |
222,555,835,000 |
|
Total Issues Shares |
44,511,167 |
Balance
Sheet
|
|||
|
Unit : Korean Won |
As of
12/31/2012 |
As of
12/31/2011 |
As of
12/31/2010 |
|
Total Assets |
1,149,069,243,850 |
1,183,957,429,122 |
1,363,686,317,375 |
|
Current Assets |
303,296,306,757 |
233,803,801,697 |
298,797,845,960 |
|
Cash & Cash
Equivalents |
38,557,398,252 |
34,534,008,789 |
89,569,845,953 |
|
Current Financial
Instruments |
72,183,302,960 |
27,349,255,255 |
10,211,964,627 |
|
Trade Receivables |
74,117,852,315 |
69,764,747,533 |
93,212,016,392 |
|
Other Receivables |
25,265,964,856 |
8,576,227,063 |
2,859,531,817 |
|
Other Financial
Assets |
191,840,000 |
136,000,000 |
577,890,000 |
|
Inventories |
79,262,392,240 |
77,112,663,104 |
79,723,937,642 |
|
Other Current Assets |
13,162,116,844 |
15,548,303,569 |
22,298,828,389 |
|
Deferred Income Tax
Assets |
555,439,290 |
782,596,384 |
343,831,140 |
|
Non-Current Assets to
be Sold |
- |
32,173,007,885 |
- |
|
Non-Current Assets |
845,772,937,093 |
917,980,619,540 |
1,064,888,471,415 |
|
Non-Current Financial
Instruments |
8,500,000 |
8,500,000 |
98,111,059,554 |
|
Other Receivables |
5,994,572,356 |
5,024,948,730 |
5,172,367,696 |
|
Marketable Financial
Instruments |
8,832,301,255 |
7,770,691,757 |
8,590,985,707 |
|
Investment_Related
Companies |
69,238,252,186 |
75,456,885,186 |
47,531,759,035 |
|
Tangibles |
684,941,379,761 |
758,179,816,527 |
823,347,588,793 |
|
Intangibles |
76,703,280,841 |
71,394,775,064 |
49,763,799,718 |
|
Investment_Real
Estates |
- |
- |
32,173,007,885 |
|
Other Non-Current
Assets |
54,650,694 |
145,002,276 |
197,903,027 |
|
Total
Liabilities |
874,516,024,558 |
892,247,930,995 |
986,770,710,317 |
|
Current Liabilities |
563,352,690,605 |
796,794,128,963 |
141,653,096,256 |
|
Trade Payables |
23,484,407,133 |
22,998,828,563 |
30,671,010,541 |
|
Short-Term Borrowings |
465,033,639,789 |
704,520,045,636 |
20,893,150,844 |
|
Other Payables |
48,260,972,135 |
40,408,716,197 |
58,070,357,861 |
|
Other Current
Financial Debts |
11,544,417,961 |
14,446,845,830 |
18,082,778,492 |
|
Other Current
Liabilities |
11,980,657,584 |
11,596,861,805 |
11,662,618,124 |
|
Provisions |
3,048,596,003 |
2,822,830,932 |
2,273,180,394 |
|
Non-Current Liabilities |
311,163,333,953 |
95,453,802,032 |
845,117,614,061 |
|
Long-Term Trade Payables |
214,817,415,557 |
|
760,366,028,798 |
|
Other Payables |
17,149,894,056 |
17,357,737,116 |
17,766,186,400 |
|
Confirmed Salaries |
35,375,442,310 |
30,404,808,729 |
26,674,624,038 |
|
Deferred Income Tax
Credit |
42,629,043,016 |
42,812,363,421 |
40,310,774,825 |
|
Other Non-Current
Liabilities |
1,191,539,014 |
4,878,892,766 |
|
|
Capital Stock |
222,555,835,000 |
214,616,420,000 |
212,303,970,000 |
|
Capital Surplus |
504,426,472,306 |
498,302,718,597 |
496,802,873,216 |
|
Others |
110,208,356,434 |
108,182,060,951 |
102,789,574,125 |
|
Profit Surplus |
-562,637,444,448 |
-529,391,701,421 |
-434,980,810,283 |
|
Total Equity |
274,553,219,292 |
291,709,498,127 |
376,915,607,058 |
|
Liab. &
Shareholder’s Equity |
1,149,069,243,850 |
1,183,957,429,122 |
1,363,686,317,375 |
Income
Statement
|
|||
|
Unit : Korean Won |
As of
12/31/2012 |
As of
12/31/2011 |
As of
12/31/2010 |
|
Sales |
583,901,596,769 |
534,317,238,352 |
593,441,908,021 |
|
Cost of Sold Goods |
486,953,432,327 |
443,140,033,710 |
727,262,559,757 |
|
Gross Profit |
96,948,164,442 |
91,177,204,642 |
-133,820,651,736 |
|
Selling & Admin.
Expenses |
111,377,821,740 |
126,664,477,319 |
147,739,457,616 |
|
Operating Income |
-14,429,657,298 |
-35,487,272,677 |
-281,560,109,352 |
|
Other Operating
Income |
21,006,141,574 |
20,638,368,341 |
28,951,646,870 |
|
Other Operating
Expenses |
13,843,431,423 |
25,134,767,973 |
110,195,618,717 |
|
Profits from investment on Related Companies |
5,991,667,002 |
- |
149,238,786,303 |
|
Finance Income |
16,705,025,247 |
12,255,990,279 |
27,083,188,681 |
|
Finance Expenses |
52,418,742,893 |
61,389,326,217 |
102,166,243,467 |
|
Income Before Taxes |
-48,972,331,795 |
-89,117,008,247 |
-313,767,342,822 |
|
Income Taxes Expenses |
-465,761,919 |
3,967,406,148 |
13,180,402,099 |
|
Income from
Continuous Business |
-48,506,569,876 |
-93,084,414,395 |
-326,947,744,921 |
|
Income from Stopped
Business |
16,385,065,704 |
|
122,132,960,496 |
|
Net Income |
-32,121,504,172 |
-93,084,414,395 |
-204,814,784,425 |
Cash
Flows
|
|||
|
Unit : Korean Won |
As of
12/31/2012 |
As of
12/31/2011 |
As of
12/31/2010 |
|
Operating
Activities Cash Flows |
68,047,966,083 |
61,642,286,424 |
60,396,202,308 |
|
Cash Flows from Operating |
90,101,490,476 |
95,217,308,515 |
139,320,508,983 |
|
Interests Received |
3,980,009,363 |
5,514,783,918 |
2,672,919,664 |
|
Interests Paid |
-28,224,949,290 |
-42,725,943,149 |
-88,883,844,899 |
|
Dividends Received |
1,408,819,150 |
3,292,306,000 |
6,949,520,000 |
|
Income Taxes |
782,596,384 |
343,831,140 |
337,098,560 |
|
Cash Flows from Investing |
-40,437,366,649 |
-26,649,125,275 |
261,010,074,645 |
|
Cash Flows from Financing |
-22,718,301,043 |
-88,776,491,975 |
-292,554,407,623 |
|
Increase/Decrease in Cash |
4,892,298,391 |
-53,783,330,826 |
28,851,869,330 |
|
Cash at the Beginning of Year |
34,534,008,789 |
89,569,845,953 |
62,992,081,137 |
|
Cash at the End of Year |
38,557,398,252 |
34,534,008,789 |
89,569,845,953 |
|
Main Products & Services |
AGRICULTURAL DIVISION Pesticides Since launching production of Korea's first
pesticide in 1953, The Subject has introduced over 250 pesticides to the
domestic market. Manufactured at two state-of-the-art plants, The Subject's
quality, environmentally-friendly agrochemicals have captured over 30 percent
of the domestic market through 14 nation wide offices which provide
consultations, seminars, and technical support to local farmers. Fertilizers The Subject has built one of the industry's
largest production networks since launching compound fertilizer production in
1967. Utilizing a comprehensive nationwide soil quality database, The Subject
designs fertilizers to meet the unique needs of local farmers. A prime
example of this was our introduction of species-specific horticultural
fertilizers in 1998. Seeds The Subject's Seed Business Department has
produced over 260 varieties of 15 crops, leveraging Korea's diverse
tropical-to-frigid growing conditions to perfect products and cultivation
techniques. Backed by research centers
in Ansung 7 nationwide branch offices, and a seed production farm set up in
China in early 1997, The Subject is also pursuing international alliances as
The Subject explores the frontiers of biotechnology to create tomorrow's
value-added seed varieties. Veterinary Pharmaceuticals The Subject produces over 70
productivity-enhancing veterinary pharmaceuticals at the Asan plant,
including antibiotics, antibacterials, vitamins, coccidiostats,
anthelmintics, disinfectants, insecticides, and marine farming products. And
The Subject develops new drugs to prevent and treat livestock disease. PETROCHEMICALS DIVISION Beginning with Korea's first styrene
monomer (SM) back in 1978, The Subject has built a vertically-integrated
production system in Ulsan capable of producing polystyrene (PS), expandable
polystyrene (EPS), and other styrenic products, supplying over 15 percent of
domestic market demand. SEMICONDUCTOR DIVISION Integrated Device Manufacturing(System IC) & CMOS wafer foundry
service Brand Name: Siliconworks, EON, Mediatek,
LGD |
|
Suppliers |
SYNGENTA KOREA LTD.(110111-1354242) SK NETWORKS CO., LTD.(130111-0005199) SAMSUNG FINE CHEMICALS CO., LTD(181211-0000013) SK ENERGY CO., LTD.(110111-3710385) SILTRON/SHIN-ETSU(JAPAN) ROHM & HAAS(USA) |
|
Customers |
NATIONAL AGRICULTURAL COOPERATIVE
FEDERATION(NACF, NONGHYUP: 110136-0027690) |
|
Competitors |
SYNGENTA KOREA LTD.(110111-1354242) KYUNGNONG CORPORATION(110111-0089395) YOUNGIL CHEMICAL CO., LTD.(110111-0005812) NAMHAE CHEMICAL CORPORATION(110111-0164717) KG CHEMICAL CORPORATION(124311-0008999) KUMHO CHEMICALS, INC.( 110111-0274681) BASF COMPANY LIMITED(110111-0600860) TSMC UMC CHARTERED SMIC |
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
DONGBU CORPORATION(110111-0005002) DONGBU FINE CHEMICALS CO.,
LTD.(110111-0026206) SOLEX SEMICONCODUCTOR CO.,
LTD.(110111-3727611) DONGBU METAL CO., LTD.(110111-3836678) DONGBU ENGINEERING CO., LTD.
(110111-0659536) DONGBU PUSAN CONTAINER TERMINAL CO., LTD.(180111-0356013) CENTRAL PIER OPERATION CO.,
LTD.(180111-0290237) DONGBU GWANGYANG LOGISTICS CENTER CO.,
LTD.(204611-0025180) DONGBU EXPRESS MARINE CO.,
LTD.(180111-0605866) FINE-ADVANTAS AMC CORPORATION CO.,
LTD.(110111-3783811) DONGBU COMPLEX LOGISTICS CO.,
LTD.(204611-0026203) DAESUNG FREZING TRANSPORTATION CO.,
LTD.(115611-0011096) DAESUNG TOTAL LOGISTICS SYSTEM CO.,
LTD.(115611-0038892) DCT CO., LTD.(144711-0015786) DONGBU GWANGYANG STEEL DISTRIBUTION CENTER
CO., LTD.(204611-0027649) BAIKSAN ITS CO., LTD.(110111-2585630) DONGBU INSURANCE CO., LTD.(110111-0095285) DONGBU AUTOMOBILE INSURANCE CLAIM
ADJUSTMENT CO., LTD.(110111-0367402) DONGBU SECURITIES CO., LTD.(110111-0339956) DONGBU MUTUAL SAVING BANK (110111-0135627) DONGBU ASSET MANAGEMENT CO., LTD.
(110111-1363160) DONGBU CNI CO., LTD.(110111-1054339) GONGJU ENVIRONMENT CO.,
LTD.(161211-0011288) DONGBU INCHEON PORT TERMINAL CO., LTD.
(120111-0305327) DONGBU LIFE INSURANCE CO.,
LTD.(110111-0623606) DONGBU CO., LTD. (110111-0367212) DONGBU FINECELL CO., LTD.(110111-1504102) (61.6% held by the subject company) TOMATO LSI INC.(110111-1801988) (35.8% held by the subject company) DONGBU CAPITAL CORP. (110111-1220641) (15.8% held by the subject company) DONGBU WORLD INC.(110111-0628086) (46.5% held by the subject company) |
|
Affiliates-Overseas |
DONGBU AUSTRALIA PTY. LTD. DONGBU EXPRESS INDIA LOGISTICS PRIVATE
LIMITED YOUNGKU DONGBU HANNONG SEEDS CO., LTD. DONGBU HITECK(SHIMCHEON) CO., LTD.(CHINA) MICROCMOS, INC.
(USA) DONGBU ZSC DONGBU HANNONG (HEILONGJIANG) CHEMICAL
CORP. SOLEX SEMICONDUCTOR(SHANGHAI) R&D LTD SOLEX SEMICONDUCTOR INDIA PRIVATE LIMITED SHANGHAI DONGBU INTERNATIONAL FREIGHT
AGENCY CO., LTD. DONGBU ELECTRIC COMPENENTS CO., LTD. DONGBU PRECISION PRODUCTS CO., LTD. DONGBU U.S.A. INC. DONGBU JAPAN CO., LTD. DONGBU SINGAPORE PTE, LTD. DONGBUCHEM.HK LTD. (100.0% held by the subject company) EASTERNCHEM PTE. LTD (100.0% held by the subject company) DONGBU HITEK USA, INC. (100.0% held by the subject company) DONGBU HIGHTECH HONGKONG CO., LIMITED (100.0% held by the subject company) |
|
Subsidiary |
SOLEX SEMICONCODUCTOR CO.,
LTD.(110111-3727611) (100.0% held by the subject company) MICROCMOS, INC. (100.0% held by the subject company) |
|
Cooperative Enterprise |
-Insured Company DONGBU INSURANCE CO., LTD.(110111-0095285) -Technical Support from TEXAS INSTRUMENTS INCORPORATED(USA) TOSHIBA CORPORATION(JAPAN) ARM(UK) |
(Activity & Markets)
|
Sales/ Unit
:Mil KRW |
2012 |
2011 |
2010 |
|
Export |
227,293 |
292,055 |
396,719 |
|
Domestic |
356,609 |
242,262 |
196,723 |
|
Total |
583,902 |
534,317 |
593,442 |
The Subject deals
with the companies in China, Taiwan, Iran and Japan.
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
|
Korea
Industrial Gases Ltd.(124311-0002719) |
The
Subject Company |
Claim
for Compensation from Damages |
- |
1st
round is proceeding |
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.63 |
|
UK Pound |
1 |
Rs.83.70 |
|
Euro |
1 |
Rs.71.42 |
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.