|
Report Date : |
15.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
HYOSUNG CORPORATION |
|
|
|
|
Registered Office : |
119, Mapo-daero, Mapo-gu, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
30.09.2014 |
|
|
|
|
Date of Incorporation : |
03.11.1966 |
|
|
|
|
Com. Reg. No.: |
105-81-59519 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Wholesale of Non-Specialized Goods (Synthetic Fiber, Terephthalic
Acid, Financial Automation Systems, Building Construction Services) |
|
|
|
|
No. of Employees : |
8,044 |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Source
: CIA |
|
Company Name |
HYOSUNG CORPORATION |
|
Registered Address |
119, Mapo-daero, Mapo-gu, |
|
Building |
Hyoseong Bldg. |
|
Zip Code |
121-805 |
|
Tel |
+82-2-707-7000 |
|
Fax |
+82-2-707-0130 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
119, Mapo-daero, Mapo-gu, (Old Address System : Hyoseong Bldg., 450,
Gongdeok 2-dong, Mapo-gu, |
|
Tel |
+82-2-707-7000 |
|
Fax |
+82-2-707-0130 |
|
Other Address |
235,
Banpo-daero, Seocho-gu, (Old Address
System : 63-7, Banpo-dong, Seocho-gu, |
|
Tel |
+82-2-707-6114 |
|
Fax |
|
|
Other Address-Changwon Factory
(1)-Power & Industrial Systems Performance Group |
454-2, Nae-dong, Changwon-si, Gyeongnam-do
641-050 |
|
Tel |
+82-55-268-9022 |
|
Fax |
|
|
Other Address-Changwon Factory
(2) |
456-6,
Nae-dong, Changwon-si, Gyeongnam-do 641-050 |
|
Tel |
+82-55-268-9022 |
|
Fax |
|
|
Other Address-Changwon Factory
(3) |
456-6, Nae-dong, Changwon-si, Gyeongnam-do
641-050 |
|
Tel |
+82-55-268-9022 |
|
Fax |
|
|
Other Address-Changwon Factory
(4) |
49, Wungnam-dong, Changwon-si, Gyeongnam-do
641-290 |
|
Tel |
+82-55-268-9022 |
|
Fax |
|
|
Other Address-Jochiwon
Factory)-Power & Industrial Systems Performance Group |
518, |
|
Tel |
+82-41-860-3128 |
|
Fax |
|
|
Other Address-Cheongwon Factory |
413-1, Geumho-ri, Buyong-myeon,
Cheongwon-gun, |
|
Tel |
+82-43-277-6070 |
|
Fax |
|
|
Other Address-Ulsan Factory |
588, |
|
Tel |
+82-52-279-2014 |
|
Fax |
|
|
Other Address-Gumi Factory (1) |
169,
Simi-dong, Gumi-si, Gyeongbuk-do 730-340 |
|
Tel |
+82-54-470-9114 |
|
Fax |
+82-54-472-5775 |
|
Other Address-Gumi Factory (2) |
630, Gupo-dong, Gumi-si, Gyeongbuk-do
730-400 |
|
Tel |
+82-54-459-2117 |
|
Fax |
+82-54-475-3471 |
|
Other Address-Anyang Factory |
183-2, Hogye-dong, Dongan-gu, Anyang-si,
Gyeonggi-do 431-080 |
|
Tel |
+82-31-428-1000 |
|
Fax |
|
|
Other Address-Eonyang Factory |
59,
Bansong-ri, Eonyang-eup, Ulju-gun, |
|
Tel |
+82-52-255-5114 |
|
Fax |
|
|
Other Address-Daejeon Factory (1) |
49-1, Munpyeong-dong, Daedeok-gu, Daejeon
306-220 Korea |
|
Tel |
+82-42-932-6187 |
|
Fax |
+82-42-932-8270 |
|
Other Address-Daejeon Factory (2) |
1685-1, Sinil-dong, Daedeok-gu, Daejeon
306-230 Korea |
|
Tel |
+82-42-605-8500 |
|
Fax |
|
|
Other Address-Yongyeon Factory
(1) |
186, |
|
Tel |
+82-52-279-2014 |
|
Fax |
|
|
Other Address-Yongyeon Factory
(2) |
204-1, |
|
Tel |
+82-52-279-5500 |
|
Fax |
|
|
Other Address-Seoul Office |
3rd Fl., Bangbae Bldg., 1006-2, Bangbae
3-dong, Seocho-gu, |
|
Tel |
+82-2-707-4418 |
|
Fax |
+82-2-707-4401 |
|
Type |
Export/Import |
|
Industry |
Wholesale of Non-Specialized Goods |
|
Main Business |
Synthetic Fiber, Terephthalic Acid, Financial Automation Systems,
Building Construction Services |
|
Sub
Business |
Man-Made Fibers Spinning |
|
Established (mm/dd/yyyy) |
11/03/1966 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Castings(31100000) |
|
Sell |
Control unit(43201542) |
|
Sell |
Fixed network equipment and
components(43221700) |
|
Sell |
Fabrics |
|
Sell |
Bar(30101600) |
|
Sell |
Carpets |
|
Sell |
Structural materials and basic
shapes(30100000) |
|
Sell |
Automatic teller machines ATMs(48111401) |
|
Sell |
Switches and controls and relays and
accessories(39121500) |
|
Sell |
Chemical tanks(24111805) |
|
Sell |
Synthetic fabrics(11161800) |
|
Sell |
Motors(26101600) |
|
Sell |
Stainless steel plate(30102205) |
|
Sell |
Fabrics and leather materials(11160000) |
|
Sell |
Motor control centers(39121104) |
|
Sell |
Iron removal equipment(47101510) |
|
Sell |
Synthetic fabrics(11161800) |
|
Sell |
Plastic bottles(24122002) |
|
Sell |
Motor control centers(39121104) |
|
Sell |
Stainless steel plate(30102205) |
|
Sell |
Air circuit breakers(39121615) |
|
Sell |
Circuit breakers(39121601) |
|
Sell |
Power conditioning equipment(39121000) |
|
Sell |
Power generators(26111600) |
|
Sell |
Rugs and mats(52101500) |
|
Sell |
Gas liquid contacting systems(23201000) |
|
Sell |
Incinerators(47101529) |
|
Sell |
Electrical and electronic
engineering(81101700) |
|
Sell |
Panelboards(39121103) |
|
Sell |
Tire cord(25172507) |
|
Sell |
Motorcycles(25101801) |
|
Sell |
Transportation related equipment and
instruments(41112800) |
|
Sell |
Kinetic power transmission(26111500) |
|
Sell |
Induction motors(26101601) |
|
Sell |
Welders(23171508) |
|
Sell |
Power conditioning equipment(39121000) |
|
Sell |
Yarns(11151700) |
|
Sell |
Polyester thread(11151603) |
|
Sell |
Wind generators(26111603) |
|
Sell |
Lifting equipment and accessories(24101600) |
|
Sell |
Heat exchangers(40101802) |
|
Sell |
Motors(26101600) |
|
Sell |
Plate(30102200) |
|
Sell |
Channels(30101800) |
|
Sell |
Iron bars(30101603) |
|
Sell |
Road cargo transport(78101800) |
|
Sell |
Panelboards(39121103) |
|
Sell |
Nylon thread(11151608) |
|
Sell |
Machine tools(23171600) |
|
Sell |
Stainless steel rods(30102405) |
|
Sell |
Pipe(40142100) |
|
Sell |
Coil(30101900) |
|
Sell |
Rod(30102400) |
|
Sell |
Surge suppressers(39121610) |
|
Sell |
Specialty fabrics or cloth(11162100) |
|
Sell |
Coil(30101900) |
|
Sell |
Vehicle batteries(26111703) |
|
Sell |
Agricultural and
forestry and landscape machinery and equipment(21100000) |
|
Sell |
Electrical wire(26121500) |
|
Sell |
Golf carts(25101904) |
|
Sell |
Water treatment and supply
equipment(47101500) |
|
Buy |
Caprolactam |
|
Buy |
Wire Rod |
|
Buy |
Core |
|
Buy |
Copper Rod |
|
Name |
Lee Sang-Woon |
|
Address |
|
|
Date of Birth |
03/18/1952 |
|
Title |
Vice Chairman & COO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
175,587,275,000 |
||||||||||||||||||||||||
|
Employees |
8,044 |
||||||||||||||||||||||||
|
Formation |
Listed Company ( A Company of Hyosung Business Group |
||||||||||||||||||||||||
|
Bank Details |
Woori Bank-Headquarters Hana Bank Korea Development Bank |
||||||||||||||||||||||||
|
Corporate Registered No. |
110111-0030497 |
||||||||||||||||||||||||
|
Business Registered No. |
105-81-59519 |
||||||||||||||||||||||||
|
Permit & Licenses |
2003 Ulsan Factory obtained the ISO/TS 16949:2002 certification for
tire reinforcing material 11/1995 KT 06/2000 ISO 14001 07/2001 ISO 9001 08/2005 ISO 9001 11/2005 ISO 14001 Int’l Trade No.: 710053 |
||||||||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||||||||
|
Company History |
10/29/2013 Imposed taxes, 365,154,313,567 KRW,
by Seoul District National Tax Services 2008 Work for the Spandex Plant in 2008 Work for the Spandex Tire Cord Plant
in 2008 Acquired Chinhung International, Ltd. 2008 Expanded the Nantong Hyosung
Transformer Co., Ltd. factory in 2008 Acquired China Shenyang Motor Co.,
Ltd. 06/01/2007 Acquired HYOSUNG INNOTECH
INC.(110111-0523004) 2007 Acquired StarLease Co., Ltd. 2007 Built a new NF3 factory, Built
facility for anti-bacterial filled PET bottles 2007 Built a #1 Solar Energy Power Plant 2007 Exceeded KRW 5 trillion in sales for
Hyosung Co., Ltd. 2004 Mipan Nano-MagicSilver was developed. 2004 Hyosung Dryvit changed its name to
Hyosung Inno Tech. 2003 Yarn for nylon 66 airbag was
developed. 2003 Ulsan Factory obtained the ISO/TS
16949:2002 certification for tire reinforcing material. 2003 Hyosung Steelcord( 2003 Boading Hyosung Tianwei Transformer
Co., Ltd was established in 2003 The Class Hyosung, an import car sales
corporation, was established. 2003 A PET bottle for a heating cabinet was
developed. 2003 Silver fiber "Mipan Magic
Silver" was developed. 2003 Hyosung Spandex( 2003 Hyosung Film(Jiaxing) Co., Ltd was
established in 2002 Hyosung Computer PU and Hyosung Data
System were merged into Nautilus Hyosung. 2002 Took over the tire cord factory of
Michelin in 2002 Made a long-term supply contract for
tire cords with Michelin. 2001 Took over Tele Service. 2001 Adopted ERP. 2000 Expanded Polyester Tire cord 2000 Took over the Bridge Solution Group,
Hongjin Data System and the Aegis Venture Group. 2000 Hyosung Spandex(Jiaxing) Co., Ltd was
established in |
||||||||||||||||||||||||
|
Company History |
1999 Expanded the Gumi Spandex Plant 1998 Realigned organization into 5
Performance Groups and 31 Performance Units 1998 Hyosung T&C, Hyosung Corporation,
Hyosung Living Industry and Hyosung Industries consolidated into Hyosung
Corporation 1997 Established Hyosung EBARA Environment
Engineering Co., Ltd. 1997 Established Hyosung Finance Co., Ltd. 1997 Completed the 1997 Completed the Cheongwon Home Carpet
Plant 1996 Changed the name of Tongyang Nylon to
Hyosung T&C Co., Ltd. 1996 Changed the name of Tongyang Polyester
to Hyosung Living Industry Co., Ltd. 1996 Started operation of the Beijing PET
Bottle Plant II 1996 Established Hyosung VINA in 1996 Increased PP capacity from 110,000
tons to 230,000 tons 1996 Started polyester film business 1996 Began operation of the PET bottle
plant in Daejeon 1996 Established the nylon film plant in
Daejeon 1995 Completed the Daejeon Tile Carpet
Plant 1995 Completed Gumi Plant II (fabric) 1994 Established PET bottle company in 1994 Established Hyosung Information &
Communications Co., Ltd. 1994 Completed the Jochiwon Plant 1993 1989 Established Resin Research Division 1989 Established Hyosung EBARA Co., Ltd. 1989 Applied for trademark of the TOPLON to
40 foreign countries 1989 Completed Changwon Plant IV (electric
panel products) 1987 Established Korea Engineering Plastics
Co., Ltd. 1987 Merged Wonmi Textile Co., Ltd. 1987 Completed Changwon Plant III (rotating
machinery) 1986 Established Hyosung Hitachi Data
Systems Co., Ltd. (now Nautilus Hyosung Inc.) 1985 Established Hyosung NAS Co., Ltd. (now
Hyosung Information System Co., Ltd.) 1984 Merged Toplon Co., Ltd. 1984 Merged Hyosung Construction Co., Ltd. 1983 Established Electronic 1979 Started producing PET bottle at the
Eonyang Plant 1978 Established 1978 Awarded for the Best Quality
Management System 1977 Completed the Changwon Heavy Industry
Plant 1976 Acquired Tongyang Educational
Foundation 1975 Acquired Hanyoung Industries Co., Ltd. 1973 Established Toplon Co., Ltd. 1973 Established Tongyang Polyester Co.,
Ltd. 1973 Established Tongyang Dyeing Co., Ltd. 1971 Established 1968 Completed the 1967 Completed the tire cord plant in 1966 Incorporated as Tongyang Nylon Co.,
Ltd. |
||||||||||||||||||||||||
|
|
|
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Chairman & CEO |
Mr. |
Cho Seok-Rae |
Korean |
1935.11.19 |
Waseda University-Japan |
|
Vice Chairman & COO |
Mr. |
Lee Sang-Woon |
Korean |
1952.03.18 |
|
|
President-Int'l Trading |
Mr. |
Cho Hyun-Joon |
Korean |
1968.01.16 |
|
|
Vice President |
Mr. |
Cho Hyun-Sang |
Korean |
1971.11. |
- |
|
Outside Director |
Mr. |
Choi Joong-Kyung |
Korean |
1956.09. |
- |
|
Outside Director |
Mr. |
Han Min-Koo |
Korean |
1948.07.21 |
|
|
Outside Director |
Mr. |
Ha Young-One |
Korean |
1954.11.02 |
The University of |
|
Outside Director |
Mr. |
Kim Sang-Hee |
Korean |
1951.01.25 |
|
|
Outside Director |
Mr. |
Sohn Byung-Doo |
Korean |
1941.08. |
- |
|
Outside Director |
Mr. |
Lee Byung-Joo |
Korean |
1951.10. |
- |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
6,128,710,740,688 |
8,115,790,188,206 |
112,605,647,484 |
|
|
(*)2013 |
9,067,386,153,222 |
7,848,965,887,140 |
-323,942,726,775 |
|
(*)2012 |
9,284,877,549,567 |
8,224,554,435,379 |
216,377,949,829 |
|
(*)2011 |
9,283,304,919,311 |
8,507,119,894,207 |
108,045,215,109 |
|
(*)2010 |
8,198,966,171,271 |
7,661,868,731,826 |
210,542,373,841 |
|
2009 |
7,039,730,700,663 |
6,243,943,727,184 |
338,919,858,031 |
|
2008 |
6,925,725,467,698 |
6,090,096,388,480 |
136,373,550,376 |
|
2007 |
5,425,099,992,356 |
4,269,395,078,803 |
166,710,499,142 |
|
2006 |
4,784,272,392,243 |
3,786,203,227,319 |
83,549,813,497 |
|
2005 |
4,858,777,442,994 |
3,952,694,209,029 |
-60,268,862,969 |
|
2004 |
4,783,967,932,476 |
4,326,243,679,816 |
63,663,676,773 |
|
2003 |
4,218,696,022,345 |
4,394,084,228,173 |
50,264,081,618 |
(*)Figures are based
on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
1,000,000,000,000 |
|
Paid-Up Capital(KRW) |
175,587,275,000 |
|
Total Issues Shares |
35,117,455 |
|
Balance Sheet |
|||
|
Unit : Korean Won |
01/01/2014~09/30/2014 |
As of 12/31/2013 |
As of 12/31/2012 |
|
Total Assets |
8,115,790,188,206 |
7,848,965,887,140 |
8,224,554,435,379 |
|
Current
Assets |
2,202,834,722,780 |
2,088,407,539,889 |
2,553,440,585,535 |
|
Cash & Cash Equivalents |
43,647,394,767 |
108,906,426,125 |
143,396,367,716 |
|
Trade Receivables & Other
Receivables |
1,004,531,255,119 |
998,506,029,452 |
1,322,290,876,240 |
|
Other Receivables |
131,751,350,230 |
52,398,705,955 |
28,406,886,203 |
|
Other Financial Assets |
19,700,956,551 |
36,459,055,525 |
113,973,099,683 |
|
Other Current Assets |
121,719,996,643 |
98,974,145,149 |
91,048,185,097 |
|
Inventories |
855,492,676,851 |
767,096,938,477 |
854,325,170,596 |
|
Assets
to be Sold |
25,991,092,619 |
26,066,239,206 |
|
|
Non-Current
Assets |
5,912,955,465,426 |
5,760,558,347,251 |
5,671,113,849,844 |
|
Long-Term Trade Receivables &
Other Receivables |
201,854,696,753 |
208,684,054,873 |
202,685,162,753 |
|
Tangibles |
3,373,036,505,171 |
3,289,464,491,035 |
3,147,588,279,753 |
|
Investment_Real Estates |
490,990,446,403 |
458,207,951,440 |
439,858,940,683 |
|
Intangibles |
121,990,778,499 |
68,487,828,736 |
32,852,149,403 |
|
Investment_Related Companies |
1,582,864,584,197 |
1,624,754,019,569 |
1,682,286,646,717 |
|
Non-Current Financial Instruments |
118,522,854,403 |
87,264,401,598 |
165,812,070,535 |
|
Other Non-Current Assets |
23,695,600,000 |
23,695,600,000 |
30,600,000 |
|
Total
Liabilities |
5,451,042,166,965 |
5,261,669,706,154 |
5,227,871,813,208 |
|
Current
Liabilities |
3,863,855,428,558 |
3,454,855,939,565 |
3,356,511,032,317 |
|
Trade Payables |
1,055,928,410,425 |
1,180,309,182,250 |
1,136,837,043,280 |
|
Other Payables |
120,673,531,641 |
62,706,180,729 |
39,958,658,329 |
|
Short-Term Borrowings |
2,428,901,284,158 |
1,944,299,254,107 |
1,910,801,506,346 |
|
Other Current Financial Debts |
6,753,459,851 |
205,051,545 |
3,905,638,178 |
|
Deferred Income Tax Credit |
10,724,452,003 |
54,639,156,746 |
63,561,458,464 |
|
Other Current Liabilities |
240,874,290,480 |
212,697,114,188 |
201,446,727,720 |
|
Non-Current
Liabilities |
1,587,186,738,407 |
1,806,813,766,589 |
1,871,360,780,891 |
|
Long-Term Trade Payables &
Other Payables |
67,239,204,436 |
41,667,445,993 |
32,629,900,263 |
|
Long-Term Borrowings |
1,161,653,414,638 |
1,413,201,775,160 |
1,472,647,033,743 |
|
Provision for Severance &
Retirement |
54,466,936,396 |
28,733,007,529 |
41,384,555,070 |
|
Deferred Income Tax Credit |
245,491,249,915 |
265,663,292,478 |
303,733,874,002 |
|
Other Non-Current Finance
Liabilities |
571,287,628 |
7,436,065 |
|
|
Other Non-Current Liabilities |
57,764,645,394 |
57,540,809,364 |
20,965,417,813 |
|
Capital
Stock |
175,587,275,000 |
175,587,275,000 |
175,587,275,000 |
|
Capital Surplus |
130,826,224,469 |
130,826,224,469 |
130,826,224,469 |
|
Profit Surplus |
2,089,423,145,110 |
2,011,531,888,412 |
2,358,375,239,751 |
|
Others |
268,911,376,662 |
269,350,793,105 |
331,893,882,951 |
|
Total Equity |
2,664,748,021,241 |
2,587,296,180,986 |
2,996,682,622,171 |
|
Liab. & Shareholder’s Equity |
8,115,790,188,206 |
7,848,965,887,140 |
8,224,554,435,379 |
|
Income Statement |
|||
|
Unit : Korean Won |
01/01/2014~09/30/2014 |
As of 12/31/2013 |
As of 12/31/2012 |
|
Sales |
6,128,710,740,688 |
9,067,386,153,222 |
9,284,877,549,567 |
|
Cost of Sold Goods |
5,460,053,374,230 |
8,041,493,422,498 |
8,352,905,337,276 |
|
Gross Profit |
668,657,366,458 |
1,025,892,730,724 |
931,972,212,291 |
|
Selling & Admin. Expenses |
461,319,642,226 |
658,147,902,360 |
600,922,522,418 |
|
R&D |
82,073,024,305 |
122,892,807,389 |
121,271,957,052 |
|
Operating Income |
125,264,699,927 |
244,852,020,975 |
209,777,732,821 |
|
Other Income |
152,594,087,271 |
236,559,387,952 |
249,415,024,130 |
|
Other Expenses |
44,998,549,574 |
143,801,500,746 |
56,693,235,583 |
|
Finance Income |
182,629,176,792 |
322,967,836,988 |
182,191,752,247 |
|
Finance Expenses |
263,483,838,358 |
406,459,654,454 |
240,321,770,537 |
|
Related Companies Income |
1,904,004,551 |
123,921,291,011 |
67,116,954,044 |
|
Income Before Taxes |
150,101,571,507 |
130,196,799,704 |
277,252,549,034 |
|
Income Taxes Expenses |
37,495,924,023 |
454,139,526,479 |
60,874,599,205 |
|
Net Income |
112,605,647,484 |
-323,942,726,775 |
216,377,949,829 |
|
Cash Flows |
|||
|
Unit : Korean Won |
01/01/2014~09/30/2014 |
As of 12/31/2013 |
As of 12/31/2012 |
|
Operating
Activities Cash Flows |
91,083,940,313 |
393,633,787,848 |
711,218,473,331 |
|
Cash Flows from Operating |
196,672,650,766 |
897,480,081,313 |
777,272,832,587 |
|
Net Income |
-101,086,106,985 |
-485,838,962,486 |
-763,108,761 |
|
Interests Paid |
-83,527,409,624 |
-120,903,585,443 |
-136,570,871,013 |
|
Interests Received |
2,260,983,803 |
7,011,932,309 |
3,270,981,806 |
|
Dividends
Received |
76,763,822,353 |
95,884,322,155 |
68,008,638,712 |
|
Cash
Flows from Investing |
-363,862,038,498 |
-377,742,939,873 |
-584,249,701,477 |
|
Cash
Flows from Financing |
207,519,066,827 |
-50,380,789,566 |
-116,911,069,095 |
|
Increase/Decrease
in Cash |
-65,259,031,358 |
-34,489,941,591 |
10,057,702,759 |
|
Cash at
the Beginning of Year |
108,906,426,125 |
143,396,367,716 |
133,338,664,957 |
|
Cash at
the End of Year |
43,647,394,767 |
108,906,426,125 |
143,396,367,716 |
|
Main Products & Services |
POWER & INDUSTRIAL SYSTEMS PG -Power Systems PU -Industrial machinery PU -Hyosung Goodsprings PU -Wind Energy Business Division INDUSTRIAL MATERIALS DIVISION -Tire & Industrial Reinformcements PU -Technical yarn PU -Global Safety Textiles -Interior PU -Aramid Business Divisions -Carbon Business Division CHEMICALS DIVISION -PP/DH PU -Packaging PU -Film PU -TPA PU -Neochem PU -Optical Film PU TEXTILE DIVISION -Spandex PU -Nylon-Polyester Fiber PU -Fabric-Dyeing PU CONSTRUCTION DIVISION -Construction PU -Hyosung EBARA Engineering PU -Chinhung International INT’L TRADING DIVISION INFORMATION & COMMUNICATION Synthetic Fiber, Terephthalic Acid, Financial Automation Systems,
Building Construction Services Brand Name: TOPILENE, CREORA,M2, Baik-Nyeon Ga-Yak |
|
Suppliers |
CAPRO CORPORATION 11 FI., BAEKSANG BLDG., 197-28,
GWANHUN-DONG, JONGNO-KU, TEL:+82-2-399-1200 FAX:+82-2-732-4214 INDUSTRY: MANUFACTURE OF OTHER BASIC
ORGANIC CHEMICALS N.E.C. POSCO 1, TEL:+82-54-220-0114 FAX:+82-54-220-6000 INDUSTRY: MANUFACTURE OF BASIC IRON AND
STEEL TAIHAN ELECTRIC WIRE CO., LTD. 113-119, SIHEUNG-DONG, GEUMCHEON-KU, TEL:+82-2-890-9116 FAX:+82-2-892-9387 INDUSTRY: MANUFACTURE OF INSULATED WIRE AND
CABLE, EXCEPT INSULATED CODE SETS DAE DONG STEEL CO.,LTD 777-6, UGEUM-RI, GASAN-MYEON, POCHEON-SI,
GYEONGGI-DO 487-813 TEL:+82-31-544-8384 FAX:+82-31-544-8358 INDUSTRY: MANUFACTURE OF METAL DOORS AND
RELATED ARTICLES |
|
Customers |
ZION FOOD CO., LTD. 770, JUKSEONG-RI, GIJANG-EUP, GIJANG-GUN,
BUSAN 619-906 TEL:+82-51-721-2150 FAX:+82-51-722-4362 INDUSTRY: MANUFACTURE OF DRY BAKERY
PRODUCTS KOREA ELECTRIC POWER CORPORATION 167, SAMSEONG 1-DONG, GANGNAM-KU, TEL:+82-2-3456-3114 FAX:+82-2-3456-4049 INDUSTRY: ELECTRIC POWER GENERATION KOLON TAEKWANG INDUSTRIES DSI HUVIS SAMYANG CORPORATION LOTTE ALMINUM DOOSAN HYUNDAI HEAVY INDUSTRIES MICHELIN BRIDGESTONE HANKOOK TIRE CO., LTD.(110111-0034233) POWER GRID CORPORATION OF INDIA LIMITED HICO AMERICA SALES & TECH INC HYOSUNG JAPAN CO.,LTD HYOSUNG USA INC. JIANGSU JINXUE GROUP CO., LTD. |
|
Competitors |
ABB, SIEMENS, AREVA |
|
Affiliates-Domestic |
HYOSUNG CORPORATION(110111-003049) HYOSUNG ITX CO., LTD.(110111-1412256) CHINHUNG INTERNATIONAL INC.(110111-0006349) HYOSUNG
INFORMATION SYSTEMS CO., LTD.(110111-0405806) VARO VISION CO., LTD.(110111-1081928) NAUTILUS HYOSUNG INC.(110111-0511546) HYOSUNG CAPITAL CO., LTD.(110111-1419286 ) HYOSUNG-EBARA CO., LTD.(110111-0653653) HYOSUNG INVESTMENT & DEVELOPMENT
CORPORATION(110111-0216451) HYOSUNG CONSTRUCTION CO., LTD.(110111-0225204) HYOSUNG EBARA ENGINEERING CO.,
LTD.(110111-1375818) HYOSUNG TRANS WORLD CO.,
LTD.(110111-1396848) DOOMI CONSTRUCTION CO.,
LTD.(134411-0010833) HONGJIN DATA SERVECE CO.,
LTD.(110111-2108086) AEGIS HYOSUNG CO., LTD.(110111-2109034) THE CLASS HYOSUNG CO., LTD.(110111-2875479) GUMOK NONGSAN CO., LTD.(141111-0028198) HYOSUNG WIND POWER HOLDINDS CO.,
LTD.(141111-0028461) INFO BADA CO., LTD.(110111-1849847) EPIPLUS CO., LTD.(110111-1973662) GALAXIA ELECTRONICS CO.,
LTD.(110111-3537672) GANGNUNG WIND POWER CO.,
LTD.(141111-0029360) KIS-BANK INC(110111-1920506) HYOSUNG FMS INC.(110111-3694349 ) STAR LEASE CO., LTD.(110111-0383383) HANIL RENTAL CO., LTD.(110111-0847826) TAEUK CONSTRUCTION CO.,
LTD.(180111-0388777) GALAXIA COMMUNICATIONS CO.,
LTD.(110111-2558174) TAEAN SOLAPHARM CO., LTD.(165111-0007293) LUXMAX NETWORK CO., LTD.(131111-0172583) LUXMAX CO., LTD.(134211-0077473) JASON GOLF CO., LTD.(110111-3548653) INFO HUB CO., LTD.(110111-1819171) NAMU ACTORS CO., LTD.(110111-2936792) FLOWER ENTERTAINMENT CO.,
LTD.(110111-3390864) TERA DISPLAY CO., LTD.(131111-0154325) |
|
Affiliates-Overseas |
BAODING HYOSUNG TIANWEI TRANSFORMER CO.,
LTD BEIJING HYOSUNG CONTAINER CO., LTD HYOSUNG (H.K) LIMITED HYOSUNG CHEMICAL FIBER (JIAXING) CO., LTD HYOSUNG HYOSUNG HOLDINGS USA, INC. HYOSUNG INTERNATIONAL TRADE (JIAXING) CO.,
LTD. HYOSUNG HYOSUNG JAPAN CO, LTD. HYOSUNG HYOSUNG BRASIL INDUSTRIAL & COMMERCIAL
LTDA HYOSUNG POWER HOLDINGS, LTD. HYOSUNG RESOURCES( HYOSUNG SINGAPORE PTE LTD. HYOSUNG SPANDEX( HYOSUNG SPANDEX (JIAXING) CO., LTD HYOSUNG SPANDEX (ZHUHAI) CO., LTD HYOSUNG BRASIL INDUSTRIA E COMERCIO DE
FIBRAS LTDA HYOSUNG SUMIDEN STEEL CORD ( HYOSUNG STEELCORD( SUMIDEN HYOSUNG STEEL CORD ( HYOSUNG VIETNAM CO., LTD. XEPIX CORP. ZHANGJIAGANG XIAOSHA COIL SERVICE CO., LTD. HYOSUNG CHEMICALS(JIAXING) CO., LTD HYOSUNG WIRE GST GLOBAL GMBH HYOSUNG ( HYOSUNG COMPOSITES ( HYOSUNG CORPORATION INDIA PRIVATE LIMITED. HYOSUNG SRL HYOSUNG RUS.. CHEMCROSS.COM LIFE POINT INC. MOMUS VENTURES GROUP TRANSLINK CAPTAL PARTNES I, L.P. |
|
Overseas Office |
ROOM 2208, 22/F, TEL:+86-10-6512-9692 FAX:+86-10-6512-0031 SHANGHAI OFFICE 1115 TEL:+86-21-6209-0123 FAX:+86-21-6209-3008 CHONGQUING OFFICE ROOM NO. 1109, TEL:+86-23-6370-3342 FAX:+86-23-6388-0827 MANILA OFFICE 7TH FLOOR, UNIT NO 714, TOWER ONE, AYALA
TRIANGLE, TEL:+632-848-6204 FAX:+632-848-6208 ROOM NO.911, HOLIDAY INN. TEL:+86-532-575-8071 FAX:+86-532-576-9395 ROOM NO. 1212-1213, TEL:+86-20-8778-7998 FAX:+86-20-8778-7898 27 LY THAI TO ST, ROOM 102 TEL:+84-4-8260866 FAX:+84-4-8260888 HOCHIMINH OFFICE TEL:+848-8251617 FAX:+848-8231971 ROOM NO. 1404, 14TH FLOOR TEL:+66-2-653-2031 FAX:+66-2-653-2030 MECIDIYEKOY IS MERKEZI SEHIT AHMET SOK NO.
4 KAT 7, DAIRE 90-91, PK 80310 TEL:+90-212-274-4568 FAX:+90-212-272-0627 MILANO OFFICE (2ND PIANO) C.D. MILANOFIORI STRADA 1-PALAZZO E3,
20090. ASSAGO(MI), TEL:+39-02-575-10505 FAX:+39-02-57700331 |
|
Subsidiary |
HYOSUNG SPANDEX(JIAXING) CO., LTD. HYOSUNG SPANDEX ( HYOSUNG SPANDEX (ZHUHAI) CO., LTD. HYOSUNG INTERNATIONAL TRADE(JIAXING) CO.,
LTD. HYOSUNG HYOSUNG BRASIL INDUSTRIA E COMERCIO DE
FIBRAS LTDA. HYOSUNG CHEMICAL FIBER (JIAXING) CO., LTD. HYOSUNG CHEMICALS (JIAXING) CO., LTD. HYOSUNG USA INC. HYOSUNG STEEL CORD ( HYOSUNG SUMIDEN STEEL CORD ( NANTONG HYOSUNG TRANSFORMER CO., LTD. HYOSUNG JAPAN CO., LTD. HICO HYOSUNG POWER HOLDINGS CO., LTD. HYOSUNG LUXEMBOURG S.A. GLOBAL SAFETY TEXTILES LLC GLOBAL SAFETY TEXTILES GMBH GST GLOBAL GMBH GLOBAL SAFETY TEXTILES U.S. HOLDINGS, INC. GST AUTOMOTIVE SAFETY(CHANGSHU) CO. LTD |
|
Subsidiary |
HYOSUNG ENGINEERING & CONSTRUCTION CO.,
LTD. 3 FL., BANGBAE BLDG., 1006-2, BANGBAE
3-DONG, SEOCHO-KU, TEL:+82-2-707-4416 FAX:+82-2-707-4401 INDUSTRY: APARTMENT BUILDING CONSTRUCTION *HYOSUNG HAS 50.6% SHARES OF HYOSUNG
ENGINEERING & CONSTRUCTION CO., LTD. HYOSUNG EBARA ENVIRONMENT ENGINEERING CO.,
LTD. 183, HOGYE-DONG, DONGAN-KU, ANYANG-SI,
GYEONGGI-DO 431-080 TEL:+82-31-456-6074 FAX:+82-31-456-6076 INDUSTRY: INSTALLATION OF ENVIRONMENTAL
HYGIENCE TREATMENT APPLIANCES *HYOSUNG HAS 81.3% SHARES OF HYOSUNG EBARA
ENVIRONMENT ENGINEERING CO., LTD. HYOSUNG CAPITAL CO., LTD. 12TH FL., TEL:+82-2-528-3840 FAX:+82-2-508-3863 INDUSTRY: ALL OTHER FINANCIAL INTERMEDIATION
N.E.C. *HYOSUNG HAS 100% SHARES OF HYOSUNG CAPITAL
CO., LTD. HONGJIN DATA SERVICE CO., LTD. #1006 TEL:+82-2-3663-0080 FAX:+82-2-3663-5844 INDUSTRY: OTHER SOFTWARE CONSULTANCY AND
SUPPLY *HYSOUNG HAS 65.5% SHARES OF HONGJIN DATA
SERVICE CO., LTD. |
|
Major Shareholders |
|
|
Cooperative |
-Insured Company SAMSUNG FIRE & MARINE INSURANCE CO., LTD(110111-0005078) |
|
Sales/ Unit :Mil KRW |
06/2012 |
2011 |
2010 |
|
Export |
3,577,348 |
7,044,110 |
6,304,173 |
|
Domestic |
1,100,736 |
2,239,195 |
1,894,794 |
|
Total |
4,678,084 |
9,283,305 |
8,198,967 |
The Subject deals with the companies in Asia, Africa and
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount (Million
KRW) |
Status |
|
|
Supreme Court of |
The Subject Company |
|
Claim for Receivables-Construction |
1,631 |
3rd round is
proceeding |
|
|
Supreme Court of |
The Subject Company |
|
Claim for Receivables-Construction |
2,691 |
3rd round is
proceeding |
|
|
upreme Court of Korea |
The Subject Company |
Fair Trade Commission |
Related the imposed Penalty |
9,787 |
3rd Round Proceeding |
|
|
Seoul Central District Court |
The Subject Company |
Seoul Guarantee Insurance Company(110111-0099774) |
Claim for Guarantee Amount |
1,878 |
1st Round Proceeding |
|
|
Seoul Seobu District Court |
The Subject Company |
eco energy Co., Ltd.(110111-2770299) |
Claim for Profits |
1,940 |
1st Round Proceeding |
|
|
Busan High Court |
Kim Won-Joo & Others(3) |
The Subject Company |
Claim for Salary |
86 |
2nd Round Proceeding |
|
|
Seoul Seobu District Court |
Kim Hyung-Seok |
The Subject Company |
Claim for Damages |
32 |
1st Round Proceeding |
|
|
Seoul Seobu District Court |
HANJUNSTEEL CO., LTD.(110111-1099509) |
The Subject Company |
Not Existing Liabilities |
1,870 |
1st Round Proceeding |
|
|
|
Hanbaik Steel Co., Ltd. |
The Subject Company |
Claim for Loan |
63 |
2nd Round Proceeding |
|
|
Seoul Central District Court |
Kim Sang-Myung & Others(16) |
The Subject Company |
Claim for Receivables |
62 |
1st Round Proceeding |
|
|
Seoul Seobu District Court |
Lee Jong-Nam |
The Subject Company |
Claim for Receivables |
308 |
1st Round Proceeding |
|
|
Seoul Seobu District Court |
Koen Construction Co., Ltd. |
The Subject Company |
Not Existing Liabilities |
1,012 |
1st Round Proceeding |
There are 14 cases
filed as Plaintiff(s)/ Creditor(s)/ Applicant(s), and 25 cases filed
Defendant(s)/ Debtor(s)/ Respondent(s) as of 09/30/2014.
------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.44 |
|
|
1 |
Rs.98.15 |
|
Euro |
1 |
Rs.77.38 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
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.