|
Report Date : |
06.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
SKC CO., LTD. |
|
|
|
|
Registered Office : |
633, Jeongja 1-dong, Jangan-gu, Suwon-si, Gyeonggi-do,
Korea |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
16.07.1973 |
|
|
|
|
Com. Reg. No.: |
135-81-01250 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacture of Magnetic and optical Medium |
|
|
|
|
No. of Employees |
1,655 |
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 : |
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 – december 01, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
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 and 2013 the economy experienced sluggish growth because of market slowdowns in the United States, China, and the Eurozone. The administration in 2014 is likely to face the challenge 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 about half of GDP
|
Source
: CIA |
Basic
|
Company Name |
SKC CO., LTD. (Korean Company Name : “에스케이씨(주)”) |
|
Registered
Address |
633, Jeongja 1-dong, Jangan-gu, Suwon-si, Gyeonggi-do,
Korea |
|
Building |
|
|
Zip Code |
440-840 |
|
Tel |
+82-31-250-7114 |
|
Fax |
+82-31-250-7000 |
|
E-mail |
webmaster@mail.skc.co.kr;kyhlee@mail.skc.co.kr |
|
Website |
www.skc.co.kr |
|
Trading Address |
Kyobo Tower, 1303-22, Seocho 4-dong, Seocho-gu, Seoul 137-070, Korea |
|
Tel |
+82-2-3787-1234 |
|
Fax |
+82-2-537-3216 |
|
Other Address-Central R&D Center |
911, Jeongja-dong, Jangan-gu, Suwon-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-240-0114 |
|
Fax |
+82-31-247-9303 |
|
Other Address-Ulsan Factory |
55, Gosa-dong, Nam-gu, Ulsan, Korea |
|
Tel |
+82-52-278-5151 |
|
Fax |
+82-52-278-5544 |
|
Other Address-Jincheon Factory |
586-1, Nowon-ri, Iwol-myeon, Jincheon-gun,
Chungcheongbuk-do, Korea |
|
Tel |
+82-43-539-4511 |
|
Fax |
+82-43-539-4649 |
|
Other Address-Gueui Sales Office |
C100, 8th Fl., Techno Mart, 546-4, Gueui-dong,
Gwangjin-gu, Seoul, Korea |
|
Tel |
+82-2-3787-3691 |
|
Fax |
|
|
Type |
Export |
|
Industry |
Manufacture of Magnetic and optical Medium |
|
Main Business |
Polyethylene Terephthalate Film, Polyimide Film, Video
Tape, Hand Set, Display Material, PO, PG, Polyol |
|
Sub Business |
|
|
Established
(mm/dd/yyyy) |
07/16/1973 |
The Subject owns
the premises of registered HQ address, Ulsan Factory, Jincheon Factory
and Gueui Sales Office.
Detailed Products
|
Activity |
Detailed Products
(UNSPSC) |
|
Sell |
Blank video tapes(45131604) |
|
Sell |
Compact disks CDs(43202001) |
|
Sell |
Digital versatile disks DVDs(43202003) |
|
Sell |
Lacquers(31211703) |
|
Sell |
Smart cards(32101617) |
|
Sell |
Printer ribbon(44103112) |
|
Sell |
Electronic filters(40161512) |
|
Sell |
Chemistry reagents or solutions(41116105) |
|
Sell |
Light emitting diodes LEDs(32111503) |
|
Sell |
Alcohols or its substitutes(12352104) |
|
Sell |
Polystyrene PS(13102026) |
|
Sell |
Polyester films(13111210) |
|
Sell |
Films(13111200) |
|
Sell |
Drafting films(44111802) |
|
Sell |
Printing accessories(45101700) |
|
Sell |
Transparency film(44103118) |
CEO’s
|
Name |
Park Jang-Suk |
|
Address |
|
|
Date of Birth |
07/03/1955 |
|
Title |
Co-President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
181,075,315,000 |
||||||||||||||||||||||||||||||
|
Employees |
1,655 |
||||||||||||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange : 011790) as of 07/18/1997 A Company of SK GROUP Foreign Direct Investment Corporation |
||||||||||||||||||||||||||||||
|
Bank Details |
Korea Exchange
Bank-Sales Dept. Korea
Development Bank |
||||||||||||||||||||||||||||||
|
Corporate
Registered No. |
130111-0001585 |
||||||||||||||||||||||||||||||
|
Business
Registered No. |
135-81-01250 |
||||||||||||||||||||||||||||||
|
Permit &
Licenses |
06/1993 ISO 9002(Film) by LRQA 06/1995 ISO 9001 by LRQA 10/1996 ISO 9002 by LRQA 12/1998 ISO 9001(Film) by LRQA 12/2000 ISO 14001 (Suwon Factory) 11/2002 ISO 9001 Int’l Trade No.: 791395 |
||||||||||||||||||||||||||||||
|
Shareholder
Position |
|
||||||||||||||||||||||||||||||
|
Company
History |
07/16/1973
Incorporated as Sunkyoung Oil Co., Ltd. 12/1976
Changed company name to Sunkyoung Chemicals Ltd. 01/1987
Changed company name to the present name |
||||||||||||||||||||||||||||||
|
|
|
Management
|
Job
Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Chairman & CEO |
Mr. |
Choy Shin-Won |
Korean |
1952.11.20 |
Brandeis University |
|
Co-President & CEO |
Mr. |
Park Jang-Suk |
Korean |
1955.07.03 |
Stevens University |
|
Co-President & CEO |
Mr. |
Jung Ki-Bong |
Korean |
- |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Lee Sung-Joon |
Korean |
1954.02 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Kim Dae-Soon |
Korean |
1953.06 |
Yonsei University, Korea |
|
Outside Director |
Mr. |
Shin Hwang-Ho |
Korean |
1946.12.25 |
Sungkyunkwan University |
|
Director |
Mr. |
Cho Kyung-Mo |
Korean |
1964.01 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Seo Suk-Ho |
Korean |
1960.09.08 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Kim Sung-Soo |
Korean |
- |
- |
|
Outside Director |
Mr. |
Jung Han-Mo |
Korean |
- |
- |
|
Executive Director |
Mr. |
Ahn Hee-Joon |
Korean |
1959.06.27 |
Korea University |
Financials
|
Year / Unit :
KRW |
Sales |
Assets |
Net Income |
|
1,851,143,651,881 |
2,571,837,860,082 |
62,847,299,980 |
|
|
(*)2012 |
1,760,998,038,434 |
2,547,551,826,801 |
80,996,500,282 |
|
(*)2011 |
1,687,461,200,741 |
2,252,726,086,415 |
139,263,040,594 |
|
(*)2010 |
1,465,137,067,239 |
2,001,352,834,003 |
94,271,652,448 |
|
2009 |
1,207,891,306,000 |
1,786,275,351,000 |
10,317,276,000 |
|
2008 |
1,018,550,425,000 |
1,953,737,108,000 |
10,189,178,000 |
|
2007 |
848,059,002,000 |
1,485,840,322,000 |
78,457,061,000 |
|
2006 |
1,021,989,132,000 |
1,358,873,189,000 |
102,263,918,000 |
|
2005 |
1,409,023,730,000 |
1,348,452,446,000 |
24,545,677,000 |
|
2004 |
1,326,276,348,000 |
1,438,068,679,000 |
53,128,474,000 |
|
2003 |
1,331,344,373,000 |
1,517,811,836,000 |
27,370,129,000 |
(*)Figures are based on the K-IFRS
Accounting System.
|
Authorized
Capital(KRW) |
440,000,000,000 |
|
Paid-Up
Capital(KRW) |
181,075,315,000 |
|
Total Issues
Shares |
36,215,063 |
|
Balance Sheet |
|||
|
Unit : Korean
Won |
As of
12/31/2013 |
As of
12/31/2012 |
As of
12/31/2011 |
|
Total
Assets |
2,571,837,860,082 |
2,547,551,826,801 |
2,252,726,086,415 |
|
Current
Assets |
464,150,462,682 |
458,031,239,268 |
460,919,756,810 |
|
Trade
Receivables |
221,013,324,499 |
200,469,535,816 |
225,005,291,555 |
|
Other
Receivables |
15,041,530,484 |
18,783,600,180 |
12,203,481,899 |
|
Derivatives |
118,403,214 |
25,579,770 |
107,818,670 |
|
Other
Current Assets |
26,939,273,359 |
29,087,885,279 |
14,644,617,655 |
|
Inventories |
198,642,178,712 |
206,320,716,121 |
178,896,384,455 |
|
Cash
& Cash Equivalents |
2,395,752,414 |
3,343,922,102 |
30,062,162,576 |
|
Non-Current
Assets |
2,107,687,397,400 |
2,089,520,587,533 |
1,791,806,329,605 |
|
Tangibles |
1,421,148,516,595 |
1,401,141,459,650 |
1,152,504,011,293 |
|
Intangibles |
43,307,340,274 |
32,558,906,215 |
25,210,827,990 |
|
Investment_Real
Estates |
115,060,415,245 |
118,228,086,294 |
120,134,408,079 |
|
Non-Current
Financial Instruments |
37,500,000 |
37,500,000 |
37,500,000 |
|
Investment_Related
Companies |
494,367,449,785 |
496,862,677,636 |
450,775,222,811 |
|
Marketable
Financial Instruments |
25,527,105,672 |
33,670,137,415 |
38,998,101,407 |
|
Other
Non-Current Receivables |
8,239,069,829 |
7,021,820,323 |
4,146,258,025 |
|
Total
Liabilities |
1,365,325,496,909 |
1,384,592,375,759 |
1,150,046,909,212 |
|
Current
Liabilities |
518,715,954,897 |
700,538,822,140 |
421,018,768,228 |
|
Trade
Receivables |
164,438,650,672 |
148,618,651,956 |
129,798,394,315 |
|
Other
Receivables |
57,279,487,544 |
67,171,277,065 |
79,476,059,624 |
|
Short-Term
Borrowings |
283,416,275,261 |
443,502,039,709 |
190,872,674,788 |
|
Derivatives |
10,656,348 |
- |
221,813,017 |
|
Other
Current Liabilities |
2,442,989,146 |
2,741,668,786 |
19,973,853,738 |
|
Accrued Income Taxes |
9,404,852,496 |
37,242,992,523 |
|
|
Provisions |
1,723,043,430 |
1,262,192,101 |
675,972,746 |
|
Non-Current
Liabilities |
846,609,542,012 |
684,053,553,619 |
729,028,140,984 |
|
Other
Long-Term Trade Payables |
40,586,218,926 |
40,665,489,975 |
41,379,159,396 |
|
Long-Term
Borrowings |
722,671,420,931 |
552,614,680,990 |
601,072,281,404 |
|
Confirmed
Salaries |
14,748,248,528 |
23,509,770,587 |
20,900,133,309 |
|
Other
Non-Current Liabilities |
2,677,424,764 |
2,771,205,469 |
65,676,566,875 |
|
Deferred
Income Taxes |
65,926,228,863 |
64,492,406,598 |
|
|
Capital
Stock |
181,075,315,000 |
181,075,315,000 |
181,075,315,000 |
|
Capital
Surplus |
119,054,700,144 |
117,656,921,974 |
117,656,921,974 |
|
Capital
Adjustment |
-1,770,451,590 |
-1,770,451,590 |
-1,770,451,590 |
|
Others |
5,901,886,388 |
11,277,222,771 |
8,250,466,312 |
|
Profit
Surplus |
902,250,913,231 |
854,720,442,887 |
797,466,925,507 |
|
Total
Equity |
1,206,512,363,173 |
1,162,959,451,042 |
1,102,679,177,203 |
|
Liab.
& Shareholder’s Equity |
2,571,837,860,082 |
2,547,551,826,801 |
2,252,726,086,415 |
|
Income Statement |
|||
|
Unit : Korean
Won |
As of 12/31/2013 |
As of
12/31/2012 |
As of
12/31/2011 |
|
Sales |
1,851,143,651,881 |
1,760,998,038,434 |
1,687,461,200,741 |
|
Cost
of Sold Goods |
1,554,018,855,408 |
1,430,816,407,452 |
1,330,198,887,916 |
|
Gross
Profit |
297,124,796,473 |
330,181,630,982 |
357,262,312,825 |
|
Selling
& Admin. Expenses |
161,116,808,218 |
165,146,344,055 |
151,815,136,677 |
|
Operating
Income |
136,007,988,255 |
165,035,286,927 |
205,447,176,148 |
|
Other
Income |
15,848,208,423 |
10,144,887,731 |
49,798,435,316 |
|
Other
Expenses |
24,349,793,306 |
6,810,349,816 |
25,250,151,504 |
|
Net Finance Cost |
45,299,946,936 |
30,188,023,482 |
35,517,040,800 |
|
Finance
Income |
19,336,428,623 |
24,915,812,064 |
31,749,169,194 |
|
Finance
Expenses |
64,636,375,559 |
55,103,835,546 |
67,266,209,994 |
|
Income
Before Taxes |
82,206,456,436 |
138,181,801,360 |
194,478,419,160 |
|
Income
Taxes Expenses |
19,359,156,456 |
57,185,301,078 |
55,215,378,566 |
|
Net
Income |
62,847,299,980 |
80,996,500,282 |
139,263,040,594 |
|
Cash Flows |
|||
|
Unit : Korean
Won |
As of
12/31/2013 |
As of
12/31/2012 |
As of
12/31/2011 |
|
Operating
Activities Cash Flows |
131,732,434,483 |
139,159,848,738 |
154,202,990,466 |
|
Net
Income |
62,847,299,980 |
80,996,500,282 |
139,263,040,594 |
|
Adjustment |
156,679,889,273 |
157,601,450,429 |
139,103,222,472 |
|
Changes
in Asset/ & Liability |
-17,051,692,560 |
-29,933,689,390 |
-75,366,752,549 |
|
Income
Taxes |
-45,585,462,315 |
-34,606,806,662 |
-20,655,504,335 |
|
Interests
Received |
339,105,803 |
193,977,116 |
666,958,577 |
|
Interests
Paid |
-38,344,513,204 |
-35,975,978,837 |
-29,785,782,453 |
|
Dividends
Received |
12,847,807,506 |
884,395,800 |
977,808,160 |
|
Cash
Flows from Investing |
-121,393,551,260 |
-351,695,012,497 |
-252,470,874,779 |
|
Cash
Flows from Financing |
-11,270,222,151 |
185,845,579,635 |
118,466,109,468 |
|
Increase/Decrease
in Cash |
-931,338,928 |
-26,689,584,124 |
20,198,225,155 |
|
Cash
at the Beginning of Year |
3,343,922,102 |
30,062,162,576 |
9,869,525,373 |
|
Cash
at the End of Year |
2,395,752,414 |
3,343,922,102 |
30,062,162,576 |
Products,
Technologies, Services Description
|
Main Products
& Services |
-Chemical
Business PO(Propylene
Oxide) PG(Propylene
Glycol) Polyol(PPG ;
Polypropylene Glycol) SM(StyreneMonomer) -Film Business PET Film Video Tape Compact Disc Brand Name :
Skyrol, SUPER-A GREEN |
||||||||||||||||
|
Annual
Production Capacity (Unit : Ton, M/T, 1,000 ㎡) |
|
||||||||||||||||
|
Technologies
Acquired |
|
Trade Partners &
Competitors
|
Suppliers |
SK PETROCHEMICAL CO., LTD.(135811-0120906) SAMNAM PETROCHEMICAL CO., LTD.(110111-0557061) LOTTE DAESAN PETROCHEMICAL CORPORATION(161411-0014684) SK ENERGY CO., LTD.(110111-3710385) |
|
Customers |
KODAK |
|
Competitors |
KPX CHEMICAL CO., LTD.(110111-0166903) KOREA KUMHO PETRO CHEMICAL CO.,LTD.(110111-0205975) BASF COMPANY LIMITED(110111-0600860) |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
SK HOLDINGS
CO., LTD.(110111-0022816) SK INNOVATION
CO., LTD.(110111-3710385) SK TELECOM
CO., LTD.( 110111-0371346) SK NETWORKS
CO., LTD.(130111-0005199) PAXNET,
INC.(110111-1698830) IHQ,
INC.(110111-0042393) SK TELINK,
CORP.(110111-1533599) AIRCROSS CO.,
LTD.(110111-2121765) TU MEDIA
CORPORATION(110111-2907826) SK
COMMUNICATIONS CO., LTD.(110111-1322885) COMMERCE PLANET
CO., LTD.(110111-1416133) F&U CREDIT
INFORMATION CO., LTD.(135311-0003300) SK WYVERNS
CO., LTD(120111-0217366) LOEN
ENTERTAINMENT, INC.(134111-0010706) ENCAR NETWORKS
LTD.(110111-2125270) INDEPENDENCE
CO., LTD.(110111-2010116) IFILM
CORPORATION(110111-2857451) SK BROADBAND
CO., LTD.(110111-1466659) CU MEDIA.
INC.(110111-2031477) NTREEV SOFT
CO., LTD.(110111-2906456) SK I-MEDIA
CO., LTD.(110111-3505851) NURI SOLUTION
CO., LTD.(110111-1866213) HANAROMEDIA
INC.(110111-3292664) HANARO DREAM
INCORPORATED(110111-2183343) BROADBAND
D&M CO., LTD.(110111-1509269) NOWON JOEUN
TELECOM CO., LTD.(110111-3655218) MIRACLE
INFORMATION & TELECOMMUNICATION CO., LTD.(120111-0433491) QC I&T
CO., LTD.(110111-3675381) QL KWANAK CO.,
LTD.(110111-3826140) QL DONGJAK
CO., LTD.(110111-3729740) QL SEOCHO CO.,
LTD.(110111-3729807) QL YONGSAN
CO., LTD.(110111-3761023) QL YANGCHEON
CO., LTD.(110111-3729609) SK NETWORKS
CO., LTD.(130111-0005199) SK ENGINEERING
& CONSTRUCTION CO., LTD.(110111-0038805) SK C&C
CO., LTD.(110111-0769583) INNOACE CO.,
LTD(110111-2104026) IPLATFORM,
INC(110111-3638917) SK TELESYS
CO., LTD.(110111-1405897) (77.1% held by
the subject company) SKC SOLMICS
CO., LTD.(134711-0014631 ) (48.7% held by
the subject company) SKC AIRGAS
CO., LTD.(230111-0134111) (80.0% held by
the subject company) SKW CO., LTD.(
154311-0026200 ) (60.0% held by
the subject company) SUMRAY
CORPORATION CO., LTD. (131111-0150034 ) (83.5% held by
the subject company) INCYTO CO.,
LTD.(161511-0100572) (100.0% held
by the subject company) |
|
Affiliates-Domestic |
INFOSEC CO.,
LTD(110111-2007858) SKC MEDIA CO.,
LTD.(161511-0076377) SK SHIPPING
CO., LTD.(110111-0311392) SK D&D
CO., LTD.(110111-3001685) OK CASHBAG
SERVICE CO., LTD.(110111-1873432) SK NETWORKS
SERVICE CO., LTD.(135811-0141788) SK MARKETING
& COMPANY CO., LTD.(110111-3874066) BROADBAND TS
CO., LTD.(281111-0119401) BROADBAND CS
CO., LTD.(110111-1592595) BROADBAND
SEOUL CS CO., LTD.(110111-3558842) BROADBAND
BUSAN CS CO., LTD.(180111-0573774) BROADBAND
GYEONGGI CS CO., LTD.(134111-0147575) BROADBAND
GWANGJU CS CO., LTD.(200111-0233050) ANTS CO.,
LTD.(151111-0031058) ULLEUNG DEEP
SEA WATER CO., LTD(110111-3224724) SOLMICS CO.,
LTD.(134711-0014631) UB CARE CO.,
LTD.(110111-1105364) MECHARONICS
CO., LTD.(120111-0233338) ULLEUNG
MINERAL CO., LTD.(110111-2602244) REAL BEST CO.,
LTD. MRO KOREA CO.,
LTD(110111-2016940) WS TRADING
CO., LTD.(110111-3448712) WALKERHILL INC.(110111-0142854) SK MOBILE ENERGY CO., LTD.(161511-0076070) SK SECURITIES
CO., LTD(110111-0037112) SKC ACME SKC-SEJIN SI DIGITECH |
|
Affiliates-Overseas |
KIWI STEEL
N.Z. LTD. SK NETWORKS
AMERICA, INC. SK NETWORKS
DEUTSCHLAND GMBH SK NETWORKS
AUSTRALIA PTY. LTD. SK STEEL
AUSTRALIA PTY. LTD. SK NETWORKS
(SHANGHAI) TRADING CO., LTD. SK NETWORKS
(GUANGZHOU) TRADING CO., LTD. SK(DONGGUAN)
STEEL CO., LTD SK(ZHANGJIAGANG)
METAL PRODUCTS CO.,LTD POSK
STEEL(PINGHU) PROCESSING CENTER CO.,LTD SK NETWORKS
PS(SHANTOU)CO., LTD NINGBO SK
ZHENBANG CHEMICAL. LTD DAIYANG - SK
NETWORKS METAL SANAYI VE TICARET LTD SK NETWORKS
MIDDLE EAST FZE PT SK NETWORKS
(INDONESIA) SHENYANG SK
NETWORKS ENERGY CO., LTD SHANGHAI
LAUNCH-SK AUTOMOBILE SERVICE CO., LTD SK NETWORKS
(SHANGHAI) MARKETING CO., LTD SK
NETWORKS(CHINA)HOLDINGS CO., LTD DANDONG SK
NETWORKS REAL ESTATE CO., LTD SHENYANG SK
NETWORKS BUS TERMINAL CO., LTD DANDONG SK
NETWORKS ENERGY CO., LTD DANDONG SK
NETWORKS LOGISTICS CO., LTD SHENYANG SK
NETWORKS ELECTRONICS &TELECOMMUNICATIONS CO., LTD SK NETWORKS
(SHANGHAI) ELECTRONICS &TELECOMMUNICATIONS MARKETING CO., LTD BEIJING SK
NETWORKS ELECTRONICS & TELECOMMUNICATIONS CO., LTD SHANDONG SK
NETWORKS ELECTRONICS &TELECOMMUNICATIONS CO., LTD SK NETWORKS
HONG KONG SK NETWORKS
MEXICO S.A DE C.V SKYNETWORKS
LCC. MIRAE COMPANY
LIMITED RICHARD CHAI
LLC. OBZEE N.Y |
|
Overseas
Office |
SKC INC. ONE SKC DRIVE
COVINGTON, GA 30014, U.S.A TEL:+1-678-342-1000 FAX:+1-678-342-1000 SKC POWERTECH,
INC. 850 CLARK
DRIVE, MOUNT OLIVE, NEW JERSEY 07828 ,U.S.A TEL:+1-973-347-7000 FAX:+1-973-347-7775 SKC EUROPE
GMBH. ARABELLA
CENTER 7FI LYONER STR.44-48, 60528 FRANKFURT, GERMANY TEL:+49-69-669-0130 FAX:+49-69-666-1071 SALES MGR OF
CHINA.(GUANGZHOU) ROOM 2011,
CITIC PLAZA, 233 TIANHE N. ROAD, GUANGZHOU, CHINA 510613 TEL:+(86)20-3877-1140 FAX:+(86)20-3877-1540 SALES MGR OF
CHINA.(SHANGHAI) ROOM
2313,INTERNATIONAL TRADE CENTER,2201 YAN AN ROAD( W ), SHANGHAI, CHINA TEL:+(86)
21-6270-2866 FAX:+(86) 21-6270-2377 |
|
Liaison Office |
|
|
Overseas
Branch |
|
|
Joint Venture |
|
|
Subsidiary |
SKC EUROPE
GMBH. (100.0% held
by the subject company) SKC INC. (70.31% held
by the subject company) SK TELESYS
CO., LTD.(110111-1405897) (77.1% held by
the subject company) SKC SOLMICS CO., LTD.(134711-0014631) (53.7% held by the subject company) SKC AIRGAS CO., LTD.(230111-0134111) (80.0% held by
the subject company) SOLMICS JAPAN CO., LTD. SOLMICS TAIWAN CO., LTD. SKC (JIANGSU) HIGH TECH PLASTICS CO., LTD. |
|
Corporate
Ownership |
SK
HOLDINGS CO., LTD.(110111-0022816) |
|
Major
Shareholders |
|
|
Cooperative
Enterprise |
-Insured
Company HYUNDAI MARINE & FIRE INSURANCE CO., LTD.(110111-0035893) SAMSUNG FIRE & MARINE INSURANCE CO., LTD.(110111-0005078) -Licensors DOYOBO-JAPAN LYONDELL
CHEMICAL COMPANY DEGUSSA AG,
UHDE GMBH |
Sales by Region
(Activity & Markets)
|
Sales/ Unit
:Mil KRW |
2010 |
2009 |
2008 |
|
Export |
670,664 |
492,593 |
379,147 |
|
Domestic |
792,603 |
715,298 |
639,403 |
|
Total |
1,463,267 |
1,207,891 |
1,018,550 |
The subject
exports to China, Taiwan, Germany, Japan and USA.
Court Action
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
|
1 Case |
The Subject Company |
- |
800,000,000 |
Proceeding |
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.32 |
|
|
1 |
Rs.100.04 |
|
Euro |
1 |
Rs.82.65 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
NIS |
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.