MIRA
INFORM REPORT
|
Report Date : |
22.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
HYUNDAI MOTOR COMPANY |
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Registered Office : |
231, Yangjae 2-dong, Seocho-gu, Seoul, Korea 137-938 |
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Country : |
South Korea |
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Financials (as on) : |
30.09.2013 |
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Date of Incorporation : |
29.12.1967 |
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Com. Reg. No.: |
101-81-09147 |
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Legal Form : |
Listed Company |
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Line of Business : |
Manufacture of Passenger Motor Vehicles |
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No. of Employees : |
62,450 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
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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 |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March, 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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 is currently the world's 12th largest economy. 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. Korea''s export focused economy was hit hard by the 2008 global
economic downturn, but quickly rebounded in subsequent years, reaching 6.3% growth
in 2010. The US-South Korea Free Trade Agreement was ratified by both
governments in 2011 and went into effect in March 2012. Throughout 2012 the
economy experienced sluggish growth because of market slowdowns in the United
States, China, and the Eurozone. The incoming administration in 2013, following
the December 2012 presidential election, is likely to face the challenges of
balancing heavy reliance on exports with developing domestic-oriented sectors,
such as services. 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 |
Basic Information
Basic
|
Company Name |
HYUNDAI MOTOR COMPANY (Trade Name : HMC) |
|
Registered Address |
231, Yangjae 2-dong, Seocho-gu, Seoul, Korea |
|
Zip Code |
137-938 |
|
Tel |
+82-2-3464-1114 |
|
Fax |
+82-2-3464-3469 |
|
E-mail |
ihlim@hyundai-motor.com;euro2008@hyundai-motor.com |
|
Website |
www.hyundai-motor.com |
|
Trading Address |
231, Yangjae 2-dong, Seocho-gu, Seoul, Korea (P.O.BOX 3490) (New Address System : 12, Heolleung-ro, Seocho-gu, Seoul, Korea) |
|
Tel |
+82-2-3464-1114 |
|
Fax |
+82-2-3464-3469 |
|
Other Address-Domestic Sales HQ |
7~8FL., Hyundai Bldg., 140-2, Gye-dong, Jongno-gu, Seoul, Korea |
|
Tel |
+82-2-746-1114 |
|
Other Address-Asan Factory |
123, Geumseong-ri, Inju-myeon, Asan-si, Chungcheongnam-do, Korea |
|
Tel |
+82-41-530-5114 |
|
Fax |
+82-41-530-5090 |
|
Other Address-Ulsan Factory |
700, Yangjeong-dong, Buk-gu, Ulsan, Korea |
|
Tel |
+82-52-280-2114 |
|
Fax |
+82-52-280-4901 |
|
Other Address-Jeonju Factory |
800, Yongam-ri, Bongdong-eup, Wanju-gun, Jeollabuk-do, Korea |
|
Tel |
+82-63-260-5114 |
|
Fax |
+82-63-260-5300 |
|
Other Address-Namyang Institute |
Hyundai Kia Motors Namyang Institute, 772-1, Jangdeok-dong,
Hwaseong-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-368-5114 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Passenger Motor Vehicles |
|
Main
Business |
Automobiles, Buses, Trucks, Specialized Vehicles |
|
Sub
Business |
Sale of New Motor Vehicles |
|
Established (mm/dd/yyyy) |
12/29/1967 |
The Subject owns the registered HQ address, Asan Factory, Ulsan
Factory, Jeonju Factory and Namyang Institute.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Light trucks or sport utility vehicles(25101507) |
|
Sell |
Cargo trucks(25101611) |
|
Sell |
Automobiles or cars(25101503) |
|
Sell |
Busses(25101502) |
|
Sell |
Specialized and recreational vehicles(25101900) |
CEO’s
|
Name |
Chung Mong-Koo |
|
Date of Birth |
03/19/1938 |
|
Title |
Chairman & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
1,488,993,125,000 |
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|
Employees |
62,450 |
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Formation |
Listed Company (Korea Stock Exchange :
005380) as of 06/1974 (The Subject Depositary Receipt(DR) is
listed at London Stock Exchange and Luxemburg Stock Exchange) A Company of Hyundai Motor Company Group |
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Bank Details |
Korea Exchange Bank-Yangjae Branch Nonghyup Bank Citi Bank, Korea |
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Corporate Registered No. |
110111-0085450 |
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Business Registered No. |
101-81-09147 |
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Permit & Licenses |
12/1995 ISO 14001(TUV) Int’l Trade No.: 770268 |
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Shareholder Position |
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Company History |
09/27/2010 Submitted Bidding Application
for applying for buying HYUNDAI ENGINEERING & CONSTRUCTION CO.,
LTD.(110111-0007909) 02/2008 Established India’s 2nd
Factory 2005 Opened Alabama Plant 2002 PBEC Environmental Award (Golden
Winner) Hydrogen fuel cell electric vehicle stayed
the course in 2002 California Fuel Cell Road Rally 2001 Passenger vehicle Common Rail Direct
Injection (CRDI) diesel engine recognized as one of Korea Top 10 New
Technologies of 2000 Introduction of fuel cell electric vehicle
Santa Fe (First in Korea) 2000 Diesel engine application for
passenger vehicle (First in Korea) Development of compressed natural gas (CNG)
bus Development of methanol fuel cell electric
vehicle (First in Korea) Development of hydrogen fuel cell electric
vehicle (First in Korea) 1999 ISO 14001 certification(Jeonju Plant) Development of fuel cell for automobile
(First in Korea) 1998 ISO 14001 certification (Asan Plant) Use of lead-free paint 1997 Clean Vehicle Certification from
California Air Resources Board (First Korean electric vehicle to receive
certification) 1996 Development of electric vehicle Accent 1995 Development of hybrid electric vehicle
(FGV-1) Development of natural gas vehicle (NGV) Simultaneous certification by ISO/DIS 14001
/ BS7750 (Head OFfice, Ulsan Plant, Namyang R&D Center, Mabuk R&D
Center) for the first time by a Korean automaker 1994 Development of nickel-metal hydrogen
fuel cell electric vehicle Development of environmentally-friendly
hydrogen-fuel vehicle Development of solar energy vehicle 1993 Development of the electric vehicle#3
- #5 1992 Development of the alcohol fuel cell
vehicle 1992 Development of the electric vehicle #2 1991 Development of first Korean engine and
transmission Development of electric vehicle #1, the
pioneer model Development of the lean burn engine (the
first high efficiency Korean engine) 1989 Excel, the third generation passenger
vehicle, launched 1985 Pony Excel production facility
completed (300,000 units/year capacity) 1984 Ulsan Testing Ground completed 1975 Ulsan Plant completed 1967 Establishment of HMC |
Detailed Information
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Chairman & CEO |
Mr. |
Chung Mong-Koo |
Korean |
1938.03.19 |
Hanyang University, Korea |
|
Vice Chairman |
Mr. |
Jung Eui-Sun |
Korean |
1970.10.18 |
San Francisco University, USA |
|
President & CEO |
Mr. |
Kim Chung-Ho |
Korean |
1951.10.13 |
Chungang University, Korea |
|
CEO |
Mr. |
Yoon Gap-Han |
Korean |
1958.09.27 |
Gyemyung University, Korea |
|
Outside Director |
Mr. |
Nam Sung-Il |
Korean |
1954.04.18 |
University of Rochester, USA |
|
Outside Director |
Mr. |
Lim Young-Chul |
Korean |
1957.04.15 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Kang Il-Hyung |
Korean |
1949.09.06 |
Yonsei University, Korea |
|
Outside Director |
Mr. |
Oh Se-Bin |
Korean |
1950.03.17 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Lee Yoo-Jae |
Korean |
1960.07.15 |
Stanford Unive4rsity, USA |
Financials
|
Year / Unit : Mil. KRW |
Sales |
Assets |
Net Income |
|
30,449,869 |
55,095,835 |
3,924,090 |
|
|
(*)2012 |
43,162,401 |
53,945,929 |
5,279,509 |
|
(*)2011 |
42,774,077 |
50,236,010 |
4,751,497 |
|
(*)2010 |
36,761,115 |
44,479,201 |
3,476,238 |
|
2009 |
31,859,327 |
35,446,135 |
2,961,509 |
|
2008 |
32,189,786 |
32,167,729 |
1,447,904 |
|
2007 |
30,619,671 |
29,586,929 |
1,682,419 |
|
2006 |
27,527,467 |
26,429,958 |
1,526,063 |
|
2005 |
27,383,737 |
26,661,326 |
2,348,721 |
|
2004 |
27,472,457 |
25,069,510 |
1,784,550 |
|
2003 |
24,967,265 |
24,250,145 |
1,749,371 |
(*)Figures are
based on the K-IFRS Accounting System.
Financial Description
|
Authorized Capital(KRW) |
3,000,000,000,000 |
|
Paid-Up Capital(KRW) |
1,488,993,125,000 |
|
Total Issues Shares |
285,478,625 (Common: 220,276,479 /Preferable : 65,202,146) |
|
Balance Sheet |
|||
|
Unit : Million Korean Won |
01/01/2013~09/30/2013 |
As of 12/31/2012 |
As of 12/31/2011 |
|
Total Assets |
55,095,835 |
53,945,929 |
50,236,010 |
|
Current Assets |
19,761,323 |
19,653,944 |
17,249,883 |
|
Cash & Cash Equivalents |
1,142,673 |
1,395,068 |
1,510,820 |
|
Current Financial Instruments |
13,506,366 |
11,658,545 |
8,547,166 |
|
Trade Receivables |
2,506,306 |
3,982,708 |
4,469,652 |
|
Other Receivables |
471,653 |
516,398 |
637,723 |
|
Other Finance Assets |
55,215 |
77,705 |
29,574 |
|
Inventories |
1,807,272 |
1,696,775 |
1,832,025 |
|
Other Assets |
271,838 |
326,745 |
222,923 |
|
Non-Current Assets |
35,334,512 |
34,291,985 |
32,986,127 |
|
Non-Current Financial Instruments |
32 |
32 |
210,032 |
|
Long-Term Trade Receivables |
9,078 |
14,140 |
29,013 |
|
Other Receivables |
940,140 |
901,180 |
875,654 |
|
Other Financial Assets |
1,499,113 |
1,465,314 |
1,567,355 |
|
Tangibles |
13,580,382 |
13,306,218 |
12,524,580 |
|
Investment_Real Estates |
199,356 |
203,209 |
208,905 |
|
Intangibles |
2,034,654 |
2,036,219 |
2,074,929 |
|
Investment_Subsidiaries |
17,064,972 |
16,365,673 |
15,495,659 |
|
Deferred Income Taxes |
6,785 |
|
|
|
Total Liabilities |
14,647,738 |
16,926,273 |
17,714,376 |
|
Current Liabilities |
8,687,547 |
11,153,049 |
11,919,397 |
|
Trade Payables |
2,848,390 |
3,870,150 |
3,947,963 |
|
Account Payables |
1,389,746 |
2,477,901 |
2,034,199 |
|
Short-Term Borrowings |
990,495 |
2,103,458 |
2,632,334 |
|
Current Portion of Long-Term
Debts |
101,809 |
202,343 |
401,960 |
|
Accrued Income Tax |
378,574 |
365,517 |
757,295 |
|
Provisions |
1,171,828 |
1,172,022 |
1,226,774 |
|
Other Current Financial Debts |
4,159 |
5,137 |
29,483 |
|
Other Current Liabilities |
1,802,546 |
956,521 |
889,389 |
|
Non-Current Liabilities |
5,960,191 |
5,773,224 |
5,794,979 |
|
Debentures |
598,655 |
698,172 |
897,193 |
|
Long-Term Borrowings |
10,894 |
11,561 |
13,904 |
|
Provision for Severance &
Retirement |
891,994 |
639,167 |
459,161 |
|
Provisions |
4,408,487 |
4,258,748 |
4,320,837 |
|
Other Financial Debts |
5,367 |
8,436 |
10,981 |
|
Other Liabilities |
44,794 |
51,549 |
43,808 |
|
Deferred Income Tax Credit |
|
105,591 |
49,095 |
|
Capital Stock |
1,488,993 |
1,488,993 |
1,488,993 |
|
Capital Surplus |
3,964,962 |
3,964,962 |
3,964,962 |
|
Others |
-1,128,779 |
-1,128,779 |
-1,128,779 |
|
Installments |
700,774 |
675,591 |
758,981 |
|
Profit Surplus |
35,422,147 |
32,018,889 |
27,437,477 |
|
Total Equity |
40,448,097 |
37,019,656 |
32,521,634 |
|
Liab. & Shareholder’s Equity |
55,095,835 |
53,945,929 |
50,236,010 |
|
Income Statement |
|||
|
Unit : Million Korean Won |
01/01/2013~09/30/2013 |
As of 12/31/2012 |
As of 12/31/2011 |
|
Sales |
30,449,869 |
43,162,401 |
42,774,077 |
|
Cost of Sold Goods |
23,281,520 |
32,805,374 |
31,937,192 |
|
Gross Profit |
7,168,349 |
10,357,027 |
10,836,885 |
|
Selling & Admin. Expenses |
4,539,528 |
6,051,803 |
6,138,474 |
|
Operating Income |
2,628,821 |
4,305,224 |
4,698,411 |
|
Investment Income_Related Companies |
|
175,706 |
186,835 |
|
Finance Income |
1,861,630 |
1,979,435 |
1,267,346 |
|
Finance Expenses |
121,499 |
239,182 |
362,302 |
|
Other Income |
419,672 |
628,418 |
569,190 |
|
Other Expenses |
206,457 |
463,173 |
476,485 |
|
Income Before Taxes |
4,582,167 |
6,386,428 |
5,882,995 |
|
Income Taxes Expenses |
658,077 |
1,106,919 |
1,131,498 |
|
Net Income |
3,924,090 |
5,279,509 |
4,751,497 |
|
Cash Flows |
|||
|
Unit : Million Korean Won |
01/01/2013~09/30/2013 |
As of 12/31/2012 |
As of 12/31/2011 |
|
Operating Activities Cash Flows |
5,628,853 |
7,140,705 |
6,470,652 |
|
Cash Flows from Operating |
4,530,032 |
6,809,016 |
6,558,006 |
|
Net Income |
3,924,090 |
5,279,509 |
4,751,497 |
|
Adjustment |
1,001,825 |
1,629,519 |
2,952,858 |
|
Changes in Asset/ & Liability |
-395,883 |
-100,012 |
-1,146,349 |
|
Interests Received |
409,185 |
386,851 |
338,961 |
|
Interests Paid |
-11,108 |
-75,922 |
-145,608 |
|
Dividends Received |
1,466,180 |
1,366,742 |
793,343 |
|
Income Taxes |
-765,436 |
-1,345,982 |
-1,074,050 |
|
Cash Flows from Investing |
-4,059,972 |
-5,866,345 |
-6,189,314 |
|
Cash Flows from Financing |
-1,821,276 |
-1,390,112 |
-543,355 |
|
Increase/Decrease in Cash |
-252,395 |
-115,752 |
-262,017 |
|
Cash at the Beginning of Year |
1,395,068 |
1,510,820 |
1,772,837 |
|
Cash at the End of Year |
1,142,673 |
1,395,068 |
1,510,820 |
Products, Technologies, Services Description
|
Main Products & Services |
Automobiles or cars Buses Cargo trucks Light trucks or sport utility vehicles Specialized and recreational vehicles Brand Name: HYUNDAI, HMC, Grandeur, Sonata,
Genesis, Equus, Tucson, Santa Fe, Veracruz, Verna, Avante, Tuscani, Elantra |
Trade Partners & Competitors
|
Suppliers |
HYUNDAI MOBIS CO., LTD (110111-0215536) DONGHEE INDUSTRIAL CO.,
LTD.(230111-0128734) KOREA AUTOGLASS CORPORATION(164711-0007507) KEFICO(110111-0543169) POSCO(174611-0000741) NOVELIS KOREA LIMITED(175611-0003950) KCC CORPORATION(110111-0221814) HYUNDAI OIL REFINERY CO.,
LTD.(110111-0090558) S-OIL CORPORATION(110111-0189955) 45 FL., KOREA LIFE INSURANCE 63 BLDG., 60,
YEOEUIDO-DONG, YEONGDEUNGPO-GU, SEOUL 150-763 KOREA TEL:+82-2-3772-5151 FAX:+82-2-786-4030 INDUSTRY: PETROLEUM REFINERIES SUNGWOO HITECH CO., LTD.(180111-0042612) 148-12, DALSAN-RI, JEONGGWAN-MYEON,
GIJANG-GUN, BUSAN 619-961 KOREA TEL:+82-51-728-5317 FAX:+82-51-728-3516 INDUSTRY: MANUFACTURE OF PARTS AND
ACCESSORIES FOR MOTOR VEHICLE BODY HALLA CLIMATE CONTROL CORPORATION(134711-0002206) 1689-1, SINIL-DONG, DAEDEOK-GU, DAEJEON
306-230 KOREA TEL:+82-42-930-6114 FAX:+82-42-930-6129 INDUSTRY: MANUFACTURE OF AIR CONDITIONING
AND CONTROL MACHINES HYUNDAI AUTONET CO., LTD.(134411-0015057) SAN 136-1, AMI-RI, BUBAL-EUP, ICHEON-SI,
GYEONGGI-DO 467-866 KOREA TEL:+82-31-639-7725 FAX:+82-31-636-4135 INDUSTRY: MANUFACTURE OF OTHER PARTS AND
ACCESSORIES FOR MOTOR VEHICLES HANKOOK TIRE CO., LTD.(110111-0034233) 647-15, YEOKSAM 1-DONG, GANGNAM-GU, SEOUL
135-723 KOREA TEL:+82-2-2222-1000 FAX:+82-2-2222-1100 INDUSTRY: MANUFACTURE OF TIRES AND TUBES |
|
Customers |
HANKOOK METAL IND. CO., LTD. 331, YUSAN-DONG, YANGSAN-SI, GYEONGNAM-DO
626-230 KOREA TEL:+82-55-370-5600 FAX:+82-55-370-5610 INDUSTRY: WHOLESALE OF METAL PLATES, BARS, PIPES,
AND BASIC METALS POSCO 1, GOEDONG-DONG, NAM-GU, POHANG-SI,
GYEONGBUK-DO 790-704 KOREA TEL:+82-54-220-0114 FAX:+82-54-220-6000 INDUSTRY: MANUFACTURE OF BASIC IRON AND
STEEL KCC CORPORATION 1301-4, SEOCHO 4-DONG, SEOCHO-GU, SEOUL
137-855 KOREA TEL:+82-2-3480-5000 FAX:+82-2-3480-5424 INDUSTRY: MANUFACTURE OF GENERAL PAINTS AND
SIMILAR PRODUCTS MANDO CORPORATION 343-1, MANHO-RI, POSEUNG-MYEON,
PYEONGTAEK-SI, GYEONGGI-DO 451-821 KOREA TEL:+82-31-680-6114 FAX:+82-31-681-0151 INDUSTRY: MANUFACTURE OF OTHER PARTS AND
ACCESSORIES FOR MOTOR VEHICLES KOREA AUTOGLASS CORPORATION 1B, JEONUI INDUSTRIAL COMPLEX, 613,
SINJEONG-RI, JEONUI-MYEON, YEONGI-GUN, CHUNGNAM-DO 339-853 KOREA TEL:+82-41-860-5000~9 FAX:+82-41-860-5030 INDUSTRY: MANUFACTURE OF PLATE GLASS
PRODUCTS MADE OF PURCHASED PLATE GLASS SALES TERMS: GENERAL RETAIL SALES-CASH : COMPLETION OF
PAYMENT BY CASH OR CREDIT CARD BIG BUYERS-CREDIT : COMPLETION OF PAYMENT
BY CASH AFTER 60 DAYS(GOVERNMENT OR BIG BUYERS) INSTALLMENT SALES : COMPLETION OF PAYMENT
BY CASH THROUGH 3MONTHS TO 60 MONTHS INSTALLMENT INTEREST RATE(%) - BELOW 60 MONTHS : 9.5% - BELOW 36 MONTHS : 8.25% - BELOW 24 MONTHS : 7.75% |
|
Competitors |
GM-DAEWOO MOTOR CO., LTD. KIA MOTOR CORPORATION RENAULT-SAMSUNG MOTOR CO., LTD. SSANG YONG MOTOR CO., LTD. TOYOTA MOTOR CORPORATION 1 TOYOTA-CHO TOYOTA-SHI, ACH 471-8571 JAPAN TEL:+81-565-282121FAX:+81-565-235800 GENERAL MOTORS CORPORATION 300 RENAISSANCE CENTER DETROIT, MI 48265
UNITED STATES TEL:+1-313-5565000 FAX:+1-313-5565108 NISSAN MOTOR CO., LTD. 6-17-1, GINZA CHUO-KU, TKY 104-8023 JAPAN TEL:+81-3-35435523 |
Related Parties (Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
KIA MOTORS CORPORATION(110111-0037998) (34.04% held by the subject company) DYMOS INC.(161411-0008562) (47.27% held by the subject company) KEFICO(110111-0543169) (50.00% held by the subject company) HYUNDAI POWERTECH CO., LTD.(161411-0009403) (37.58% held by the subject company) WORLD INDUSTRIES ACE CORP.(194211-0000125) (39.46% held by the subject company) HYUNDAI HYSCO(110111-0302416) (26.13% held by the subject company) HYUNDAI CAPITAL SERVICES,
INC.(110111-0995378) (56.47% held by the subject company) HYUNDAI CARD CO., LTD.(110111-0377203) (31.52% held by the subject company) AUTOEVER SYSTEMS
CORPORATION(110111-1935638) (29.90% held by the subject company) N.G.V(110111-2094201) (53.66% held by the subject company) HYUNDAI-ROTEM COMPANY(194211-0036336) (57.64% held by the subject company) |
|
Affiliates-Domestic |
HYUNDAI MOBIS CO., LTD.(110111-0215536) HYUNDAI AUTONET CO., LTD.(134411-0015057) WISCO(194211-0000084) METIA CORPORATION(194211-0000068) IHL CORPORATION(171211-0007722) AUTOMOBILE INDUSTRIAL ACE CO.,
LTD.(135011-0029352) M. SEAT CO., LTD.(110111-2410366) PARTECS CO., LTD.(161411-0015955) SAMWOO CO., LTD.(134511-0003480) HYUNDAI STEEL COMPANY(120111-0001743) BNG STEEL CO., LTD.(110111-0065395) HMC INVESTMENT SECURITIES CO.,
LTD.(110111-0019962) HYUNDAI COMMERCIAL INC.(110111-3646697) HAEVICHI RESORT CO., LTD(224111-0006681) HAEVICHI COUNTRY CLUB CO.,
LTD.(110111-0616049) GLOVIS CO., LTD.(110111-2177388) M&SOFT CO., LTD.(110111-1620239) CARNES CO., LTD.(134111-0134001) SEOUL METRO LINE NINE CORPORATION(110111-3134048) MAINTRANS COMPANY(110111-3920520) KIA TIGERS CO., LTD.(200111-0003883) ASSET MANAGEMENT CO., LTD(110111-2622242) INNOCEAN WORLDWIDE INC(110111-3229097) CORENTEC. CO., LTD.(110111-1983653) JONGRO HAKPYUNG CO., LTD.(110111-0171225) JONGRO ACADEMY(110111-0109060) HYUNDAI MATERIALS CORPORATION(110111-4364008) HL GREEN POWER INC.(135211-0027542) WIAMAGNA POWERTRAIN CO., LTD.(164811-0048707) SEOLIM ENVIRONMENT TECHNOLOGY CO., LTD.(134211-0099493) |
|
Affiliates-Overseas |
HYUNDAI MOTOR INDIA LTD. HYUNDAI-ASSAN OTOMOTIV SANAYI VE TICARET
A.S. BEIJING HYUNDAI MOTOR COMPANY BEIJING JINXIAN MOTOR SAFEGUARD SERVICE
CO., LTD HYUNDAI TRANSLEAD HYUNDAI MOTOR MANUFACTURING ALABAMA STAMPED METAL AMERICAN RESEARCH TECHNOLOGY,
INC HYUNDAI MOTOR POLAND HYUNDAI MORTOR COMPANY AUSTRALIA PTY LTD. HYUNDAI MOTOR JAPAN CO., LTD HYUNDAI MOTOR AMERICA, INC. HYUNDAI MOTOR FINANCE COMPANY WORLD MARKETING GROUP HYUNDAI MOTOR EUROPE GMBH HYUNDAI AUTO CANADA CAPTIVE INSURANCE LTD GLOBAL ENGINE ALLIANCE LLC GLOBAL ENGINE MANUFACTURING ALLIANCE LLC HYUNDAI AMERICA TECHNICAL CENTER INC. HYUNDAI MOTOR JAPAN R&D CENTER INC. HYUNDAI DE MEXICO S.A. HYUNDAI RIO VISTA, INC CHINA MILLENNIUM CORPORATION Ⅰ CHINA MILLENNIUM CORPORATION Ⅱ CHINA MILLENNIUM CORPORATION Ⅲ BEIJING HINES MILLENIUM REAL ESTATE
DEVELOPMENT CO. HYUNDAI MOTOR GROUP (CHINA) LTD HYUNDAI MOTOR HUNGARY HYUNDAI MOTOR EUROPE TECHNICAL CENTER GMBH HYUNDAI MOTOR NORWAY AS HYUNDAI INFORMATION SERVICE NORTH AMERICA HYUNDAI MOTOR UK LIMITED KIA MOTORS AMERICA INC. KIA CANADA INC. KIA MOTORS DEUTSCHLAND GMBH KIA MOTORS EUROPE GMBH. KIA MOTORS POLSKA SP.Z O.O. |
|
Affiliates-Overseas |
KIA MOTORS UNITED KINGDOM LTD KIA MOTORS AUSTRIA GMBH KIA MOTORS BELGIUM GMBH KIA MOTORS HUNGARY GMBH KIA MOTORS CZECH GMBH KIA MOTORS SWEDEN AB(KMSW) KIA MOTORS IBERIA S.L(KMIB) KIA MOTORS FRANCE SAS KIA MOTORS SLOVAKIA S.R.O(KMS) DONGFENG YUEDA KIA MOTOR CO., LTD KIA JAPAN CO., LTD. KIA MOTORS AUSTRALIA PTY LTD KIA MOTORS SALES SLOVENSKO S.R.O KIA MOTORS NEW ZEALAND LTD SHANGHAI HYUNDAI MOBIS AUTOMOTIVE PATRS
CO., LTD. JIANGSU MOBIS AUTOMOTIVE PARTS CO., LTD. BEIJING HYUNDAI MOBIS AUTOMOTIVE PARTS CO.,
LTD. BEIJING MOBIS TRANSMISSION CO., LTD. MOBIS AMERICA INC. GUANG DONG HYUNDAI MOBIS CO., LTD. HYUNDAI MOTOR (SHANGHAI) CO., LTD MOBIS PARTS EUROPE N.V. MOBIS PARTS DEUTSCHLAND GMBH MOBIS PARTS, MIDDLE EAST FREE ZONE
ESTABLISHMENT BEIJING MOBIS CHONCHE AUTOMOTIVE PARTS CO.,
LTD. MOBIS SLOVAKIA S.R.O MOBIS PARTS AUSTRALIA PTY LTD. BEIJING HYUNDAI MOBIS PARTS CO., LTD MOBIS PARTS IBERIA S.L. MOBIS PARTS CIS MOBIS PARTS JIANGSU YUEDA TRADING CO., LTD. AMERICAN AUTOPARTS, INC. OHIO MODULE MANUFACTURING CO., LLC MOBIS INDIA LIMITED HYUNDAI MOBIS(HONGKONG) CO.,LTD MOBIS ALABAMA, LLC MOBIS PARTS AMERICA, LLC MOBIS PARTS DETROIT, LLC WUXI MOBIS AUTOMOTIVE AUTOPARTS CO.,LTD QINGDAO HYUNDAI MACHINERY CO.,LTD. HYUNDAI PIPE OF AMERICA, INC. BEIJING HYUNDAI HYSCO STEEL PROCESS CO.,
LTD. HYSCO AMERICA COMPANY, INC. HYSCO SLOVAKIA,S.R.O HYUNDAI AUTONET AMERICA ROTEM USA CORPORATION HYUNDAI-KIA MACHINE AMERICA CORPRATION WIA AUTOMOTIVE PARTS CO., LTD HYUNDAI-KIA MACHINE EUROPE GMBH GLOVIS AMERICA, INC. GLOVIS ALABAMA, LLC. GLOVIS SLOVAKIA, S. R. O GLOVIS AUSTRALIA PTY.LTD |
|
Affiliates-Overseas |
GLOVIS EUROPE GMBH GLOVIS INDIA PRIVATE LIMITED GLOBAL AUTO PROCESSING SERVICES, INC BNG STEEL JAPAN CORP. BNG STEEL GMBH AMCO AMERICA, INC AMCO INDIA CONSTRUCTION PRIVATE, LTD BEIJING LEAR DYMOS AUTOMOTIVE SYSTEMS CO.,
LTD INNOCEAN WORLDWIDE COMMUNICATION PRIVATE
LIMITED JIANGSU HYUNDAI HYSCO STEEL PROCESS CO.,
LTD HYSCO STEEL INDIA., LTD INNOCEAN WORLDWIDE UK LIMITED EUROTEM HYUNDAI MOTOR MANUFACTURING CZECH, S.R.O. AUTOEVER SYSTEMS INDIA PRIVATE LIMITED ROTEM EQUIPMENTS (BEIJING) CO., LTD. MOBIS ALABAMA INSTRUMENT PANEL, LLC AUTOEVER SYSTEMS CHINA CO.,LTD. KIA MOTORS MANUFACTURING GEORGIA, INC. HMCIS B.V. AUTOEVERSYSTEMS EUROPE GMBH HYUNDAI MOTOR INDIA ENGINEERING DYMOS CZECH REPUBLIC S.R.O HYUNDAI AUTO CANADA CORP. MOBIS AUTOMOTIVE CZECH S.R.O. HYUNDAI MOTOR CIS LLC MOBIS PARTS BRAZIL INTERMEDIACAO DE
NEGOCIOS LTDA HYUNDAI AUTONET INDIA ENGINEERING PRIVATE
LIMITED HYSCO CZECH S.R.O AMCO CAMBODIA CO.,LTD. GLOVIS LOGISTICS LTD. GLOVIS CZECH REPUBLIC S.R.O. INNOCEAN WORLDWIDE EUROPE GMBH MOBIS GEORGIA, LLC GLOVIS GEORGIA, LLC GLOVIS HONG KONG CO.,LTD |
|
Overseas Manufacturing Corporation |
HYUNDAI MOTOR MANUFACTURING ALABAMA (HMMA) 7515 HALCYON SUMMIT DR.MONTGOMERY ALABAMA
36117, U.S.A TEL:+1-334-387-8100 HYUNDAI MOTOR INDIA IRRUNKATTUKOTTAI, NH-4 SRIPERUMBUDUR
CHENGAI-MGR DT., TAMIL NADU 602-105, INDIA WWW.HYUNDAIMOTORINDIA.COM TEL:+91-11-5159-9920 BEIJING HYUNDAI MOTOR COMPANY NORTHSIDE OF SHUNANGHI DAJIE, WESTSIDE OF
SHUNTONG ROAD, SHUNYI DISTRICT, LINHE INDUSTRIAL DEVELOPMENT ZONE, BEIJING ,
PEOPLES REPUBLIC OF CHINA TEL:+86-10-8949-8117 HYUNDAI ASSAN OTOMOTIV SANAYI VE TICARET
A.S. E-5 KARAYOLU 32KM 81700 TUZLA ISTANBUL,
TURKEY WWW.HYUNDAI.COM.TR TEL:+90-216-581-0012 |
|
Overseas Assembly Corporation |
TAGAZ-RUSSSIA 99, HALTURINSKIY,
ROSTOV-ON-DON,344011,RUSSSIA ORIENTAL-HYUNDAI SDN BHD-MALAYSIA WISMA KAH MOTOR, NO 566, BATU 3 1/2 JALAN
IPOH 51200 KUALA LUMPUR, MALAYSIA HOKOM CORPORATION SDN HBD-MALAYSIA LOT38,MUKIM PADANG MEHA ,9400 PADANG SERAI,
KULIM KEDAH MALAYSIA SUDAN MASTER TECHNOLOGY (SMT)-SUDAN P.O.BOX 444 KHERTOUM 11111,SUDAN PRIMA ENGINEERING INDUSTRIES S.A.E-EGYPT EGYPTIAN VEHICLE MANUTACLURING GHABBOURKM3
CAIRO, ALEX AGRICUTURE ROED, EGYPT HYUNDAI INDONESIA MOTOR-INDONESIA JL. SULTAN ISKANDAR MUDA NO 81, ARTERI
PONDOK INDAH LT. 2 JAKARTA SELATAN 12240, INDONESIA AUHUI JIANGHUAI AUTOMOTIVE CO ., LID.-CHINA 176, DONGLIN ROAD HEFEI CHINA HUATAI AUTOMOBLE CO., LTD.-CHINA NO1 ANYUAN LI AN DINGMEN WAI CHAOYANG
DISTRIC1, BEIJING, CHINA REYAN VEHICLE MANULACLURING(RVMCO)-IRAN SADAL COMPLEX,ARG VLVD.,KEMAN KHODRO BLUD
KM 16 KARADJ SPECIAL ROAD TEHRAN, IRAN VIETNAM MOTORS INDUSTRY CORPORATION-VIETNAM 120 HANG TRONG, HOAN KJEM,HANOI VIETNAM DEWAN FAROOQUE MOTORS LTD.-PAKISTAN DEWAN CITY, SUJAWAL,PISTRICT THATLA,
PAKISTAN MMC AUTOMOTRIZ, S.A.-VENEZUELA AV. FRANCISCO DE MIRANDA, EDF. PARQUE
CANAIMA,PISO 10, LOS PALOS GRANDES, CARACAS - VENEZUELA SANYANG INDUSTRY CO., LID.-TAIWAN 3 CHUNGHUA ROAD, HUKOU MSINCHU TAIWAN R.O.C CAOA MONTADORA DE VEICULOS-BRAZIL ANAPOLIS.GOIAS BRAZIL |
|
Overseas Sales Corporation |
HYUNDAI MACHINE TOOLS EUROPE GMBH( HYME) MARIE-CURIE-STRASSE 2, 65428 RUSSELSHEIM,
GERMANY TEL:+32-13-53-9166 HYUNDAI MOTOR AMERICA( HMA ) 10550 TALBERT AVENUE, P.O.BOX 20850, FOUNTAIN
VALLEY,CA 92728 0850, USA WWW.HYUNDAIUSA.COM TEL:+1-714-965-3578 HYUNDAI MOTOR INDIA( HMI ) A-30, MOHAN CO-OPERATIVE INDUSTRIAL
AREA,PHASE-1 MATHURA ROAD, NEW DELHI 110-044, INDIA TEL:+91-11-695-9110 HYUNDAI MOTOR JAPAN( HMJ ) 2F. SHUWA SANBANCHO BLDG. 28
SANBANCHO,CHIYODA- KU, TOKYO WWW.HYUNDAI-MOTOR.CO.JP TEL:+81-3-5211-4110 HYUNDAI AUTO CANADA( HAC ) 75 FRONTENAC DRIVE, MARKHAM, ONTARIO L3R
6H2, CANADA WWW.HYUNDAICANADA.COM TEL:+1-905-948-6786 HYUNDAI MOTOR COMPANY POLAND( MHP) NATPOLL BLDG. NO. 30, 4, MIGDALOWA
STREET,02-796 WARSAW, POLAND WWW.HYUNDAI.PL TEL:+48-22-645-1625 HYUNDAI MOTOR COMPANY AUSTRALIA( HMCA) 8 BAYWATER DR. HOMEBUSH BAY, NSW 2127 WWW.HYUNDAI.COM.AU TEL:+61-2-9763-3571 |
|
Overseas Corporation |
HYUNDAI MOTOR FINANCE CO.(HMFC) 10550 TALBERT AVENUE, FOUNTAIN VALLEY, CA
92728 0850, U.S.A TEL:+1-714-965-3400 BEIJING JINGXIAN MOTOR SAFEGUARD SERVICE
CO. LTD 18A ZHICHUN RD. HAIDIAN DISTRICT BEIJING,
CHINA TEL:+86-10-6252-4660 HYUNDAI MOTOR EUROPE(HME) KAISERLEIPROMENADE 5, D-63067, OFFENBACH,
GERMANY WWW.HYUNDAI.DE TEL:+49 (0)69-271472-100 HYUNDAI MOTOR EUROPE PARTS N.V BOSSTRAAT 44, B-3560, LUMMEN, BELGIUM TEL:+32-13-53-9166 WORLD MARKETING GROUP(WMG) 4 PARK PLAZA SUITE 950 IRVINE,CA 92614,
U.S.A.(CALIFORNIA) TEL:+1-949-440-2104 HYUNDAI MOTOR COMPANY & KIA MOTOR
CORPORATION SHANGHAI OFFICE A-F1, 13, FAR EAST
INTERNATIONAL PLAZA, NO. 319, XIANXIA RD, SHANGHAI 200051,CHINA TEL:+86-21-6235-0033 |
|
Overseas Offices |
HYUNDAI DETROIT OFFICE 26200 TOWN CENTER DEIVE SUITE 345 NOVI, MI
48375, U.S.A TEL:+1-248-468-2414(101) HYUNDAI MOTOR EUROPE, MADRID OFFICE HYUNDAI MOTOR EUROPE, OFICINA DE
REPRESENTACION DE MADRID,PASEO DE LA CASTELLANA 141, PLANTA 20, 28046 MADRID,
SPAIN TEL:+34-91-789-3444 HYUNDAI MOTOR BEIJING OFFICE ROOM 701,MILLENNIUM TOWER NO.38 XIAOYUN
ROAD,CHAOYANG DISTRICT, BEIJING CHINA(POST BOX NO.100027) TEL:+86-10-8453-9666 HYUNDAI MOTOR SANGHAI BRANCH OFFICE SHANGHAI OFFICE A-F1, 13, FAR EAST
INTERNATIONAL PLAZA, NO. 319, XIANXIA RD, SHANGHAI 200051,CHINA TEL:+86-21-6235-0033 HMC CHICAGO BR. 411 KINGSTON COURT MT. PROSPECT CHICAGO,
IL60056 U.S.A. TEL:+1-847-655-0146 HYUNDAI MOTOR KIEV REPRESENTATIVE OFFICE ROOM 235, OST-WEST EXPRESS BUSINESS
BUILDING 1 18/14 VICKENTIA KHVOYKY STR., KIEV, 04080 , UKRAINE TEL:+380-44-230-6024 HYUNDAI WASHINGTON OFFICE 1660 L STREET, NW, SUITE 201 WASHINGTON, DC
20036 U.S.A. TEL:+1-202-296-5550 HYUNDAI MOTOR COMPANY HONG KONG BRANCH
OFFICE UNIT 1004 BANK OF AMERICAN TOWER 12 HARCOURT
ROAD, ADMIRALTY, HONG KONG TEL:+85-2-2523-7780 |
|
Overseas Regional HQ |
CIS & CENTRAL EUROPE REGIONAL
HEADQUARTERS WORLD TRADE CENTER,ENT.3
#1902,KRASNOPRESNENSKAYA NAB.12, 123610 MOSCOW, RUSSIA TEL:+7-095-258-1400 HYUNDAI MOTOR ASIA REPRESENTATIVE OFFICE LEVEL 5, WISMA HONG LEONG, 18 JALAN PERAK,
50450, KUALA LUMPUR, MALAYSIA TEL:+60-3-2713-8383 HYUNDAI MOTOR COMPANY(AFRICA & MIDDLE
EAST REGIONAL HEADQUARTERS) #2903, API WORLD TOWER SHEIKH ZAYED ROAD,
P.O BOX 34406 DUBAI, U.A.E. TEL:+971-4-332-6667 HYUNDAI MOTOR COMPANY LATIN AMERICA &
CARIBBEAN OPERATIONS 9250 NW 25TH STREET MIAMI, FL 33172 U. S.
A. TEL:+1-305-470-8001 HYUNDAI MOTOR PACIFIC REPRESENTATIVE OFFICE 8 BAYWATER DR. HOMEBUSH BAY, NSW 2127 TEL:+61-2-9763-3571 |
|
Overseas Institutes |
HYUNDAI AMERICA TECHNICAL CENTER. INC(
HATCI ) 6800 GEDDES ROAD SUPERIOR TOWNSHIP, MI
48198 TEL:+1-734-337-9499 HYUNDAI & KIA MOTORS DESIGN &
TECHNICAL CENTER(IRVINE)( HKMDTC ) 81 BUNSEN IRVINE. CA
92608,U.S.A(CALIFORNIA) TEL:+1-949-585-7015, FAX:+1-949-585-7016 EUROPE ENGINEERING CENTER(HME R&D) MARIE-CURIE-STRASSE 2, 65428 RUSSELSHEIM TEL:+49-6196-5092-170 HYUNDAI MOTOR JAPAN R&D CENTER(HMJ
R&D) 3-2-2 NISHINOHARA INZAI-CITY, CHIBA, JAPAN
#270-1334 TEL:+81-476-47-6332 |
|
Subsidiary |
ROTEM COMPANY 85, DAEWON-DONG, CHANGWON-SI, GYEONGNAM-DO
641-808 KOREA TEL:+82-55-273-1541 FAX: +82-55-273-1741 INDUSTRY: MANUFACTURE OF LOCOMOTIVES AND
RAILWAY ROLLING STOCK *HYUNDAI MOTOR HAS 78.36% SHARES OF ROTEM
COMPANY. HYUNDAI CAPITAL SERVICES INC. HYUNDAI CAPITAL BD 15-21 YEOUIDO-DONG,
YEONGDEUNGPO-GU, SEOUL 150-706 KOREA TEL:+82-2-784-8118 FAX:+82-2-782-6388 INDUSTRY: CREDIT CARD AND INSTALLMENT
FINANCE COMPANIES *HYUNDAI MOTOR HAS 61.085 SHARES OF HYUNDAI
CAPITAL SERVICES INC. HYUNDAI CARD CO., LTD. HYUNDAI CAPITAL BD 15-21 YEOUIDO-DONG,
YEONGDEUNGPO-GU, SEOUL 150-706 KOREA TEL:+82-1577-6000 FAX: 82-2-2167-6700 INDUSTRY: CREDIT CARD AND INSTALLMENT
FINANCE COMPANIES *HYUNDAI MOTOR HAS 59.02% SHARES OF HYUNDAI
CARD CO., LTD. HYUNDAI POWERTECH CO., LTD. 222, HWACHEON-RI, JIGOK-MYEON, SEOSAN-SI,
CHUNGNAM-DO 356-863 KOREA TEL:+ 82-41-661-9114 FAX:+82-41-661-9199 INDUSTRY: MANUFACTURE OF OTHER PARTS AND
ACCESSORIES FOR MOTOR VEHICLES *HYUNDAI MOTOR HAS 50% SHARES OF HYUNDAI
POWERTECH CO., LTD. KEFICO CORPORATION 410, DANGJEONG-DONG, GUNPO-SI, GYEONGGI-DO
435-716 KOREA TEL:+82-31-450-9015 FAX: +82-31-450-9022 INDUSTRY: MANUFACTURE OF PARTS AND
ACCESSORIES FOR MOTOR ENGINES *HYUNDAI MOTOR HAS 50% SHARE OF KEFICO
CORPORATION NGVTEK CO., LTD. 4 FL., SEOUL NAIONAL UNIVERSITY ADVANCED
MACHINERY LAB., SAN 56-1, SILLIM-DONG, GWANAK-GU, SEOUL 151-853 KOREA TEL:+82-2-886-8751~2 FAX:+82-2-886-5108 INDUSTRY: OTHER ENGINEERING SERVICES *HYUNDAI MOTOR HAS 53.66% SHARES OF NGVTEK
CO., LTD. |
|
Corporate Ownership |
|
|
Major Shareholders |
HYUNDAI MOBIS CO., LTD (110111-0215536) |
|
Cooperative Enterprise |
-Technical Support to HYUNDAI MOTOR THAILAND GIAD-SUDAN ORIENTAL-MALAYSIA TAGAZ-RUSSIA SANYANG INDUSTRY CO.,LTD-TAIWAN HAOS-TURKEY -Insured Company HYUNDAI MARINE & FIRE INSURANCE CO., LTD.(110111-0035893) |
Sales by Region (Activity &
Markets)
|
Sales/ Unit :Mil KRW |
2011 |
2010 |
2009 |
|
Export |
26,099,856 |
21,170,162 |
15,792,322 |
|
Domestic |
16,678,699 |
15,599,264 |
16,067,005 |
|
Total |
42,778,555 |
36,769,426 |
31,859,327 |
The Subject exports to North America,
Europe, South & Middle America, Asia & Pacific, Middle East and Africa.
Court Action
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (Million KRW) |
Status |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
It is known that there are several cases
regarding PL, but the subject considers it is not impacting the subject’s financials
because most of them are covered by insurance.
News Clipping
Not Available
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.89 |
|
|
1 |
Rs.101.14 |
|
Euro |
1 |
Rs.84.42 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.