|
Report Date : |
27.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
KIA MOTORS CORPORATION |
|
|
|
|
Formerly Known As : |
Kia Industry Co.,
Ltd. |
|
|
|
|
Registered Office : |
231, Yangjae 2-dong, Seocho-gu, Seoul,
Korea, Zip Code 137-938 |
|
|
|
|
Country : |
South
Korea |
|
|
|
|
Financials (as on) : |
30.09.2013 |
|
|
|
|
Date of Incorporation : |
21.12.1944 |
|
|
|
|
Com. Reg. No.: |
119-81-02316 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacturer
of Passenger Motor Vehicles |
|
|
|
|
No. of Employees : |
33,330 |
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 : |
Good
|
|
Payment Behaviour : |
No
Complaints |
|
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 – September 30th, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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 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 |
|
Company
Name |
KIA MOTORS CORPORATION (Trade Name : KMC) (Korean Company Name : “기아자동차(주)”) |
|
Registered Address |
231, Yangjae 2-dong, Seocho-gu, Seoul,
Korea (New
Address System : 12, Heolleung-ro, Seocho-gu, Seoul, Korea) |
|
Zip Code |
137-938 |
|
Tel |
+82-2-3464-1114 |
|
Fax |
+82-2-3464-6800 |
|
E-mail |
|
|
Website |
|
|
Trading
Address |
231,
Yangjae 2-dong, Seocho-gu, Seoul, Korea |
|
Tel |
+82-2-3464-1114 |
|
Fax |
+82-2-3464-6800 |
|
Other Address-Hwaseong Plant |
1122,
Ihwa-ri, Woojeong-myun, Hwasung, Gyeonggi-do, Korea |
|
Tel |
+82-31-359-5114 |
|
Fax |
+82-31-359-5110 |
|
Other Address-Soha-ri Plant |
781-1,
Soha 1-dong, Gwangmyeong-si, Gyeonggi-do, Korea |
|
Tel |
+82-2-801-3114 |
|
Fax |
+82-2-801-4255 |
|
Other Address-Gwangju Plant |
700,
Naebang-dong, Seo-gu, Gwangju, Korea |
|
Tel |
+82-62-370-3114 |
|
Fax |
+82-62-370-3332 |
|
Type |
Export/Import |
|
Industry |
Manufacture
of Passenger Motor Vehicles |
|
Main
Business |
Automobiles,
Buses, Specialized Vehicles |
|
Sub
Business |
Sale of
New Motor Vehicles |
|
Established (mm/dd/yyyy) |
12/21/1944 |
The Subject owns the
premises of Soha-ri Plant(591,049㎡), Hwaseong Plant(3,186,877㎡) and Gwangju Plant(1,179,826㎡).
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Vehicle
rental(78111808) |
|
Sell |
Automobiles
or cars(25101503) |
|
Sell |
Busses(25101502) |
|
Sell |
Sludge
or sewage handling trucks(25101609) |
|
Sell |
Product and
material transport vehicles(25101600) |
|
Sell |
Tow
trucks(25101602) |
|
Sell |
Dump
trucks(25101601) |
|
Sell |
Light
trucks or sport utility vehicles(25101507) |
|
Sell |
Minivans
or vans(25101505) |
|
Sell |
Industrial
trucks(24101500) |
|
Sell |
Delivery
trucks(25101604) |
|
Sell |
Ambulances(25101703) |
|
Name |
Lee Hyung-Keun |
|
Date of Birth |
09/22/1952 |
|
Title |
Vice
Chairman & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
2,139,317,000,000 |
|||||||||||||||||||||
|
Employees |
33,330 |
|||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange:
000270) as of 07/21/1973 A Company of HYUNDAI-KIA Business Group |
|||||||||||||||||||||
|
Bank Details |
Korea Development Bank- West Yeouido Branch Korea Exchange Bank Kookmin Bank Hana Bank |
|||||||||||||||||||||
|
Corporate Registered No. |
110111-0037998 |
|||||||||||||||||||||
|
Business Registered No. |
119-81-02316 |
|||||||||||||||||||||
|
Permit & Licenses |
Int’l Trade No.: 670966 |
|||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||
|
Company History |
12/21/1944 Incorporated as Kyongseong Precision
Co. 02/15/1952 Incorporated as Kia Industry
Co., Ltd. 03/16/1990 Changed company name to the
present name 11/30/2005 Awarded US$ 10 Billion Export Top
Prize |
|||||||||||||||||||||
|
|
|
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Vice
Chairman & CEO |
Mr. |
Lee Hyung-Keun |
Korean |
1952.09.22 |
Seoul National University, Korea |
|
President
& CEO |
Mr. |
Lee Sam-Woong |
Korean |
1952.03.20 |
Korea Army Academy, Korea |
|
Vice
President & CFO |
Mr. |
Park Han-Woo |
Korean |
1958.01.29 |
Dankuk University, Korea |
|
Director |
Mr. |
Chung Eui-Sun |
Korean |
1970.10.18 |
University of San Francisco, USA |
|
Outside
Director |
Mr. |
Hong Hyun-Kook |
Korean |
1948.03.20 |
Kunkook University, Korea |
|
Outside
Director |
Mr. |
Kim Won-Joon |
Korean |
1958.01.29 |
Harvard University, USA |
|
Outside
Director |
Mr. |
Shin Keon-Soo |
Korean |
1952.10.20 |
Seoul National University, Korea |
|
Outside
Director |
Mr. |
Lee Doo-Hee |
Korean |
1957.06.12 |
Korea University, Korea |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
(*)09/2013 |
20,580,133,000,000 |
25,273,359,000,000 |
2,071,396,000,000 |
|
(*)2012 |
28,007,913,000,000 |
24,480,107,000,000 |
2,136,797,000,000 |
|
(*)2011 |
27,742,277,000,000 |
23,384,425,000,000 |
1,804,842,000,000 |
|
2010 |
23,222,969,000,000 |
21,223,780,000,000 |
1,420,636,000,000 |
|
2009 |
18,415,739,000,000 |
16,941,596,000,000 |
1,450,260,000,000 |
|
2008 |
16,382,231,000,000 |
15,452,278,000,000 |
113,784,000,000 |
(*)Figures are based on the K-IFRS Accounting
System.
|
Authorized Capital(KRW) |
4,100,000,000,000 |
|
Paid-Up Capital(KRW) |
2,139,317,000,000 |
|
Total Issued Shares |
405,363,347 |
Balance Sheet
|
|||
|
Unit : Million Korean Won |
01/01/2013~09/30/2013 |
As of 12/31/2012 |
As of 12/31/2011 |
|
Total Assets |
25,273,359 |
24,480,107 |
23,384,425 |
|
Current Assets |
7,327,151 |
6,742,393 |
6,562,626 |
|
Cash & Cash Equivalents |
678,006 |
779,580 |
1,015,931 |
|
Current Financial Instruments |
3,770,000 |
2,360,000 |
1,630,000 |
|
Trade Receivables |
1,209,387 |
1,854,670 |
2,496,486 |
|
Other Receivables |
478,059 |
365,909 |
113,543 |
|
Advance Payments |
11,868 |
25,593 |
30,384 |
|
Inventories |
1,097,952 |
1,186,497 |
1,200,056 |
|
Other Current Assets |
81,879 |
170,144 |
76,226 |
|
Non-Current Assets |
17,946,208 |
17,737,714 |
16,821,799 |
|
Non-Current Financial Instruments |
51,010 |
51,013 |
20,013 |
|
Marketable Financial Instruments |
1,268,457 |
1,277,247 |
1,105,971 |
|
Long-Term Trade Receivables |
1,509 |
2,675 |
2,322 |
|
Investment_Related Companies |
7,515,619 |
7,442,817 |
7,316,039 |
|
Tangibles |
7,406,857 |
7,315,103 |
6,762,952 |
|
Intangibles |
1,490,346 |
1,430,582 |
1,407,266 |
|
Guarantees |
157,248 |
151,785 |
148,946 |
|
Other Non-Current Assets |
55,162 |
66,492 |
58,290 |
|
Total Liabilities |
8,506,336 |
9,547,124 |
10,332,095 |
|
Current Liabilities |
5,964,543 |
6,462,263 |
7,269,167 |
|
Trade
Payables |
2,403,778 |
3,354,498 |
3,313,321 |
|
Short-Term Borrowings |
566,599 |
973,289 |
955,798 |
|
Account Payables |
871,136 |
1,217,681 |
1,053,439 |
|
Advance Receipts |
294,296 |
216,480 |
125,755 |
|
Accrued Expenses |
695,886 |
331,817 |
336,348 |
|
Accrued Income Tax |
185,903 |
14,917 |
214,596 |
|
Current Portion of Long-Term Debts |
700,862 |
128,221 |
1,014,208 |
|
Current Portion of Provisions |
245,779 |
225,336 |
236,089 |
|
Other Current Liabilities |
304 |
24 |
19,613 |
|
Non-Current Liabilities |
2,541,793 |
3,084,861 |
3,062,928 |
|
Debentures |
1,094,537 |
1,520,811 |
1,696,312 |
|
Long-Term Borrowings |
130,000 |
396,532 |
35,375 |
|
Long-Term
Advance Receipts |
42,198 |
41,189 |
128,545 |
|
Provision for Severance & Retirement |
170,367 |
21,451 |
274,600 |
|
Confirmed Salaries |
225,815 |
222,488 |
197,299 |
|
Provisions |
715,628 |
644,344 |
628,517 |
|
Deferred Income Tax Credit |
111,475 |
182,769 |
76,356 |
|
Other Non-Current Liabilities |
51,773 |
55,277 |
25,924 |
|
Capital Stock |
2,139,317 |
2,139,317 |
2,132,452 |
|
Capital Surplus |
1,659,001 |
1,659,001 |
1,656,317 |
|
Profit Surplus |
12,267,708 |
10,429,551 |
8,690,738 |
|
Installments |
549,476 |
553,593 |
421,008 |
|
Others |
151,521 |
151,521 |
151,815 |
|
Total Equity |
16,767,023 |
14,932,983 |
13,052,330 |
|
Liab. & Shareholder’s Equity |
25,273,359 |
24,480,107 |
23,384,425 |
Income Statement
|
|||
|
Unit : Million Korean Won |
01/01/2013~09/30/2013 |
As of 12/31/2012 |
As of 12/31/2011 |
|
Sales |
20,580,133 |
28,007,913 |
27,742,277 |
|
Cost of Sold Goods |
16,277,783 |
22,142,665 |
21,915,962 |
|
Gross Profit |
4,302,350 |
5,865,248 |
5,826,315 |
|
Selling & Admin. Expenses |
3,120,212 |
4,219,916 |
3,915,158 |
|
Selling Expenses |
1,772,137 |
2,462,098 |
2,355,809 |
|
Admin.
Expenses |
1,348,075 |
1,757,818 |
1,559,349 |
|
Operating Income |
1,182,138 |
1,645,332 |
1,911,157 |
|
Profits
from the investment on Related Companies |
1,054,837 |
716,990 |
537,326 |
|
Finance Profits |
60,444 |
222,585 |
-84,189 |
|
Finance Income |
129,370 |
361,728 |
162,188 |
|
Finance Expenses |
68,926 |
139,143 |
246,377 |
|
Other Profits |
43,513 |
25,375 |
-4,088 |
|
Other Income |
204,343 |
286,039 |
259,208 |
|
Other Expenses |
160,830 |
260,664 |
263,296 |
|
Income Before Taxes |
2,340,932 |
2,610,282 |
2,360,206 |
|
Income Taxes Expenses |
269,536 |
473,485 |
555,364 |
|
Net Income |
2,071,396 |
2,136,797 |
1,804,842 |
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 |
2,948,364 |
2,756,165 |
2,964,575 |
|
Cash Flows from Operating |
1,911,174 |
2,652,106 |
2,974,708 |
|
Interests Received |
123,908 |
106,566 |
108,879 |
|
Interests Paid |
-56,346 |
-105,786 |
-120,192 |
|
Dividends Received |
1,070,666 |
739,683 |
304,750 |
|
Income Taxes |
-101,038 |
-636,404 |
-303,570 |
|
Cash Flows from
Investing |
-2,255,896 |
-2,175,661 |
-2,135,564 |
|
Cash Inflow from Investing |
61,040 |
269,654 |
327,198 |
|
Cash Outflows for Investing |
-2,316,936 |
-2,445,315 |
-2,462,762 |
|
Cash Flows from
Financing |
-794,042 |
-816,855 |
-787,113 |
|
Cash Inflows from Financing |
|
547,791 |
1,553,284 |
|
Cash Outflows from Financing |
-794,042 |
-1,364,646 |
-2,340,397 |
|
Increase/Decrease in
Cash |
-101,574 |
-236,351 |
41,898 |
|
Cash at the Beginning
of Year |
779,580 |
1,015,931 |
974,033 |
|
Cash at the End of Year |
678,006 |
779,580 |
1,015,931 |
|
Main Products & Services |
Picanto Relish Every
Living Moment of Your Life The Picanto is
not just a car; it’s your fashion statement designed for safety and that special
feel. And the 1,000cc engine will provide a freedom that’s yours alone. It
will be love at first sight, and the car will continue to grow on you the
longer you drive it. Rio The Car Powered
by Passion With its
ground-hugging stance that hints at agile handling and a sporty personality,
Rio cuts an impressive profile that stands out from the competition. Cerato / Spectra Grab Your Future Redesigned inside
and out to impress even the most demanding drivers and passengers, the Cerato
has everything you want in a compact sedan. With its sportier styling,
outstanding fuel efficiency and class-leading interior space, the Cerato
expertly blends style and substance. cee’d Satisfy Your
Senses cee’d is a car that
will challenge your expectations by appealing to all of your senses. The car
has been born from the innovation of Kia and its power to surprise. Explore
your sensory perception with cee’d. |
|
Main Products & Services |
Optima / Magentis Sensible Solution You’ve worked hard.
Let yourself know you appreciate it. The Optima has all the features you’d
expect in a stylish, sporty sedan with a refined ambiance. We’ve given Optima
a sleek new body design and more interior room so you and your passengers can
stretch out in comfort and enjoy the ride. Amanti / Opirus Take a Closer
Look and Discover the World of the Amanti The Amanti is a
sleek and well-balanced vehicle that looks as good in the corporate parking
area as it does cruising through the city. It boasts the magnificent styling,
cutting-edge technology and extravagant interior to be the trendsetter today.
This is the ultimate sedan-the standard to which all other sedans aspire. Sportage Designed for
Challenge The Sportage with
luxurious European styling is the compact SUV of choice. It rides as
comfortably and quietly as a sedan and boasts the highest safety performance
in its class. Sorento The Sky is the
Limit Inside the Sorento The Sorento makes
towing simple and bring the lakes and the mountains closer to you. Bold yet
subtle cosmopolitan exterior features will turn heads wherever you go and
make your Sorento the focus of attention. Carnival / Sedona Pleasure of Life Be it a stroll
through a meadow or a commute in the city, let Carnival take you there. The
image of Carnival is stylish durability packaged in a classy and versatile
MPV at an optimum level of luxury and convenience for your driving pleasure. Carens / Rondo Everyday New
Space Completely refurbished
with an all-new eye-catching body shell, the new Carens is robust like an SUV
and voluminous like an MPV. The car makes a stylish debut outfitted in a
robust bumper, sophisticated side moldings, and voluminous hood. This
creative adaptation of the MPV face with sporty SUV styling cues is
complemented by a larger wheelbase for a total package that will stop the
competition in its tracks. |
|
Main Products & Services |
Brand Name : PICANTO, RIO, CERATO / SPECTRA,
CEE’D, OPTIMA / MAGENTIS, AMANTI / OPIRUS, SPORTAGE, SORENTO, CARNIVAL /
SEDONA, CARENS / RONDO |
|
Suppliers |
SEOJIN INDUSTRIAL CO., LTD.(134111-0000806) 1026-5, SANBON 1-DONG, GUNPO-SI,
GYEONGGI-DO 435-845 KOREA TEL:+82-31-428-2700 FAX:+82-31-428-2709 INDUSTRY: MANUFACTURE OF PARTS AND
ACCESSORIES FOR MOTOR VEHICLE BODY POSCO(174611-0000741) 1, GOEDONG-DONG, NAM-KU, POHANG-SI,
GYEONGBUK-DO 790-704 KOREA TEL:+82-54-220-0114 FAX:+82-54-220-6000 INDUSTRY: MANUFACTURE OF BASIC IRON AND
STEEL SAERON AUTOMOTIVE CORPORATION 306-1, GAJEON-RI, BYEONGCHEON-MYEON,
CHEONAN-SI, CHUNGNAM-DO 330-861 KOREA TEL:+82-41-560-4114 FAX:+82-41-561-9219 INDUSTRY: MANUFACTURE OF OTHER PARTS AND
ACCESSORIES FOR MOTOR VEHICLES HYUNDAI MOBIS CO., LTD.(110111-0215536) HYUNDAI MOTOR COMPANY(110111-0085450) HYUNDAI POWERTECH CO., LTD.(161411-0009403) HYUNDAI HYSCO CO., LTD. DYMOS INC. INNOCEAN
WORLDWIDE INC |
|
Customers |
HYUNDAI MOBIS CO., LTD. HYUNDAI MOTOR COMPANY HYUNDAI HYSCO CO., LTD. HYUNDAI CAPITAL SERVICES INC. HYUNDAI POWERTECH CO., LTD. DYMOS INC. WIA CORPORATION BONTEC CO., LTD. AMCO GLOVIS CO., LTD. WISTCO CO., LTD. |
|
Competitors |
HYUNDAI MOTOR COMPANY(110111-0085450) GM
DAEWOO AUTO & TECHNOLOGY COMPANY(120111-0294124) SSANGYONG
MOTOR CO., LTD.(110111-0035132) RENAULT
SAMSUNG MOTORS CO., LTD.(180111-0330380) |
(Subsidiaries,
Joint-Venture & Affiliates)
|
Affiliates-Domestic |
DYMOS INC.(161411-0008562) KEFICO(110111-0543169) HYUNDAI POWERTECH CO., LTD.(161411-0009403) WORLD INDUSTRIES ACE CORP.(194211-0000125) HYUNDAI HYSCO(110111-0302416) HYUNDAI CAPITAL SERVICES,
INC.(110111-0995378) HYUNDAI CARD CO., LTD.(110111-0377203) AUTOEVER SYSTEMS
CORPORATION(110111-1935638) N.G.V(110111-2094201) HYUNDAI-ROTEM COMPANY(194211-0036336) |
|
Affiliates-Domestic |
HYUNDAI
MOTOR COMPANY(110111-0085450) 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. |
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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 |
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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 |
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Overseas Office |
ASIA PACIFIC REGIONAL HEADQUARTER ADDRESS: #36-01, 36TH FLOOR, MENARA DIAN, 27,
JALAN SULTAN ISMAIL 50250 KUALA LUMPUR, MALAYSIA TEL: 603-2713-4910 FAX: 603-2713-4915 SYDNEY OFFICE ADDRESS: HERITAGE BUILDING, CAMPUS BUSINESS
PARK, 350 PARRAMATTA ROAD, HOMEBUSH NSW 2140 AUSTRALIA TEL: 612-9267-3722 FAX: 612-9267-3841 NEW ZEALAND OFFICE ADDRESS: 30C VESTEY DRIVE MT. WELLINGTON
AUCKLAND NEW ZEALNAD TEL: 649-573-6070 FAX: 649-573-6066 SHANGHAI OFFICE ADDRESS: A-F., 13, FAR EAST INTERNATIONAL
PLAZZA, NO. 319 XIANXIA RD. SHANGHAI, CHINA TEL: 86-21-6235-0048 FAX: 86-21-6440-0877 CENTRAL & SOUTH AMERICA REGIONAL
HEADQUARTER ADDRESS: 3700 NW 114 AVE, MIAMI, FL, 33178 TEL: 305-718-3554 FAX: 305-718-4301 SANTIAGO OFFICE ADDRESS: SANTO ROSA 455 SANTIAGO, CHILE TEL: 56-2-686-7566 FAX: 56-2-686-7914 |
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Overseas Office |
KIA MOTORS UK ADDRESS: GROUND FLOOR 2 THE HEIGHTS,
BROOKLANDS WEYBRIDGE SURREY UK KT13 ONY TEL: 44-1932-832000 FAX: 44-1932-832100 KIA MOTORS IRELAND ADDRESS: UNIT 8, CALMOUNT PARK, CALMOUNTN
ROAD, DUBLIN 12, IRELAND TEL: 353-1460-1288 FAX: 353-1460-1327 KIA MOTORS IBERIA ADDRESS: CALLE ANABEL SEGURA 16, EDIFICIO
VEGA NORTE II. ALCOBENDAS 28107 MADRED, SPAIN TEL: 34-91-579-6466 FAX: 34-91-579-1600 KIA AUTOMOBILES FRANCE ADDRESS: 69, RUE DE LA BELLE ETOILE B.P
50095 Z,I PARIS NORD II 95948 ROISSY CDG, CEDEX FRANCE TEL: 33-1-4184-5627 FAX: 33-1-4184-5657 KIA MOTORS AUSTRIA ADDRESS: SVERIGESTRASSE 5, A-1220 WIEN,
AUSTRIA TEL: 43-463-32-324-0 FAX: 43-463-323-2411 KIA MOTORS BELGIUM ADDRESS: FORUM BLDG. GRENSSTRAAT 7, 1831,
DIEGEM, BELGIUM TEL: 32-2-709-0050 KIA MOTORS SWEDEN ADDRESS: KANALVAGEN 12, 194 61 UPPLANDS
VASBY, SWEDEN TEL: 46-8-40-04-4300 FAX: 46-7-40-04-4390 KIA MOTORS POLAND ADDRESS: UL. PULAWSKA 393, 02-801 WARSZAWA,
POLAND TEL: 48-22-546-4004 FAX: 48-22-546-4010 KIA MOTORS HUNGARY ADDRESS: H-1119 BUDAPEST FELHERVARI STR.,
79, HUNGARY TEL: 361-371-2004 FAX: 361-371-2002 R&D CENTER HYUNDAI-KIA AMERICA TECHNICAL CENTER, INC.
(DETROIT) ADDRESS: 6800 GEDDES ROAD SUPERIOR
TOWNSHIP, MI 48198 R&D CENTER HYUNDAI-KIA AMERICA TECHNICAL CENTER, INC.
(LA DESIGN STUDIO) ADDRESS: 81- BUNSEN IRVINE, CA 92608, USA
(CALIFORNIA) |
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Overseas Sales Companies |
KIA MOTORS AMERICA, INC.(KMA) (100.0% held by the subject company) KIA CANADA, INC.(KCI) (82.53% held by the subject company) KIA MOTORS DEUTSCHLAND GMBH(KMD) (100.0% held by the subject company) KIA MOTORS EUROPE GMBH(KME) (100.0% held by the subject company) |
|
Overseas Manufacturing Companies |
KIA MOTORS SLOVAKIA S.R.O(KMS) (100.0% held by the subject company) DONGPOONG YEOLDAL KIA MOTORS CO., LTD-CHINA (50.0% held by the subject company) |
|
Joint Venture |
DONGFENG YUEDA-KIA MOTORS CO., LTD KIA MOTORS DEUTSCHLAND GMBH KIA MOTORS SLOVAKIA S.R.O HYUNDAI MOTOR GROUP CHINA YAN JI KIA MOTORS A/S WIA AUTOMOTIVE ENGINE (SHANDONG) COMPANY KIA MOTORS EUROPE GMBH ASIA MOTORS DO BRASIL MOBIS BEIJING KIA-IHLAS MOTOR A.S CHINA MILLENNIUM CORPORATION Ⅰ,Ⅱ,Ⅲ |
|
Subsidiary |
KIA MOTORS AMERICA INC(100.0% held by the
subject company) KIA CANADA INC(82.53% held by the subject company) KIA TIGERS(100.0% held by the subject
company) KIA JAPAN CO.,LTD. (100.0% held by the
subject company) KIA MOTORS AUSTRALIA PTY LTD.(100.0% held by the
subject company) |
|
Corporate Ownership |
HYUNDAI
MOTOR COMPANY(110111-0085450) |
|
Major Shareholders |
HYUNDAI
MOTOR COMPANY(110111-0085450) 231, YANGJAE-DONG, SEOCHO-KU, SEOUL 137-130
KOREA TEL:+82-2-3464-1114 FAX:+82-2-3464-3469 INDUSTRY: MANUFACTURE OF PASSENGER MOTOR VEHICLES |
|
Cooperative Enterprise |
-Insured Company HYUNDAIMARINE&FIREINSURANCECO.,
LTD.(110111-0035893) SAMSUNG
LIFE INSURANCE CO., LTD.(110111-0005953) |
(Activity
& Markets)
The
Subject exports to Mid-South America, Africa-Mid Asia, Eastern Europe/CIS and
Asia-Pacific.
There are several cases
filed, but the details are not available.
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US
Dollar |
1 |
Rs.62.45 |
|
UK
Pound |
1 |
Rs.100.86 |
|
Euro |
1 |
Rs.84.50 |
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.