|
Report Date : |
03.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
HYUNDAI ENGINEERING CO., LTD. |
|
|
|
|
Registered Office : |
293, Mokdongdong-ro, Yangcheon-gu, Seoul 2nd Fl., Hyundai
41 Tower 158-723 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
30.09.2013 |
|
|
|
|
Date of Incorporation : |
17.01.2001 |
|
|
|
|
Com. Reg. No.: |
101-81-66755 |
|
|
|
|
Legal Form : |
Co., Ltd by shares |
|
|
|
|
Line of Business : |
Subject provides Engineering solutions for process plants, power & energy plants, infrastructure, environmental plants, industrial plants |
|
|
|
|
No. of Employees : |
2,664 |
RATING & COMMENTS
|
MIRAs 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, 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 |
Basic
|
Company Name |
HYUNDAI ENGINEERING CO., LTD. (Korean Company Name : 현대엔지니어링(주)) |
|
Registered
Address |
293, Mokdongdong-ro, Yangcheon-gu, Seoul |
|
Building |
2nd Fl., Hyundai 41 Tower |
|
Zip Code |
158-723 |
|
Tel |
+82-2-2166-8114 |
|
Fax |
+82-2-2647-8004 |
|
E-mail |
hrlee@hec.co.kr;johnlee@hec.co.kr |
|
Website |
www.hec.co.kr |
|
Trading Address |
2~5 Fl., Hyundai 41 Tower, 293, Mokdongdong-ro, Yangcheon-gu, Seoul, Korea (Old Address System : 2~5 Fl., Hyundai 41 Tower, 917-9, Mok 1-dong, Yangcheon-gu, Seoul, Korea) |
|
Tel |
+82-2-2166-8114 |
|
Fax |
+82-2-2647-8004 |
|
Other Address-Process Plant Division |
CBS Bldg., 917-1, Mok-dong, Yangcheon-gu, Seoul, Korea |
|
Tel |
|
|
Fax |
|
|
Other Address-Industrial Plant Division |
Hyundai Dream Tower, 923-14, Mok-dong, Yangcheon-gu, Seoul, Korea |
|
Tel |
|
|
Fax |
|
|
Other Address-Power & Energy Plant Division |
Hana Plaza, 905-34, Mok-dong, Yangcheon-gu, Seoul, Korea |
|
Tel |
|
|
Fax |
|
|
Other Address-Process Plant Division |
KT Bldg.,
918-1, Mok-dong, Yangcheon-gu, Seoul, Korea |
|
Tel |
|
|
Fax |
|
|
Other Address-R&D Center |
Broadcasting
Hall, 923-5, Mok-dong, Yangcheon-gu, Seoul, Korea |
|
Tel |
|
|
Fax |
|
|
Type |
Export/Import |
|
Industry |
Civil Engineering Services |
|
Main Business |
Plant Engineering |
|
Sub Business |
Engineering solutions for
process plants, power & energy plants, infrastructure, environmental
plants, industrial plants |
|
Established
(mm/dd/yyyy) |
01/17/2001 |
Detailed Products
|
Activity |
Detailed
Products (UNSPSC) |
|
Sell |
Architectural engineering(81101508) -Project development, feasibility studies, consulting, basic and detailed engineering, procurement, construction, construction supervision and operation & maintenance. |
|
Sell |
Sludge or sewage removal equipment(47101539) -Single-sludge system consisting of biological reactor, i.e. Anoxic, Anaerobic & Exhaust reactor |
CEOs
|
Name |
Kim Wui-Cheol |
|
Address |
Suite
103-1005, 413-1, Pungnap-dong, Songpa-gu, Seoul, Korea |
|
Date of Birth |
07/29/1955 |
|
Title |
President
& CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
20,215,000,000 |
||||||||||||||||||
|
Employees |
2,664 |
||||||||||||||||||
|
Formation |
Co., Ltd by shares A Company of HYUNDAI MOTOR GROUP |
||||||||||||||||||
|
Bank Details |
Korea Exchange
Bank-Mok Dong Branch Hana Bank |
||||||||||||||||||
|
Corporate
Registered No. |
110111-2153015 |
||||||||||||||||||
|
Business
Registered No. |
101-81-66755 |
||||||||||||||||||
|
Permit &
Licenses |
03/03/2004 ISO 9001 03/03/2004 ISO 14001 01/2009 OHSAS 18001 Intl Trade No.: 11882758 |
||||||||||||||||||
|
Shareholder
Position |
(*)The list is
based as of 01/15/2014. And it is supposed to decrease the shares of HYUNDAI ENGINEERING &
CONSTRUCTION CO., LTD.(110111-0007909) to 38.62% from 72.55%.
But the latest details are not available. |
||||||||||||||||||
|
Company
History |
01/17/2001 Incorporated as the present name after spin-off from HYUNDAI ENGINEERING & CONSTRUCTION CO.,LTD.(110111-0007909) 01/26/2001 Increased the authorized shares to 10,000,000 shares from 40,000 shares 06/21/2001 Moved to the present HQ address from 178, Sejongno, Jongno-gu, Seoul, Korea 03/14/2007 Increased the authorized shares to 20,000,000 shares from 10,000,000 shares 12/19/2007 Increased capital to 20,215,000,000 KRW from 18,900,000,000 KRW 01/16/2014
Acquired HYUNDAI AMCO CO., TD.(110111-2622242) |
||||||||||||||||||
|
|
|
Management
|
Job
Description |
Title |
Name |
Sex |
Nationality |
Date of Birth |
|
President & CEO |
Mr. |
Kim Wui-Cheol |
Male |
Korean |
1955.07.29 |
|
Vice President |
Mr. |
Sung Sang-Rok |
Male |
Korean |
1954.02. |
|
Director / Finance |
Mr. |
Choi Min-Tak |
Male |
Korean |
1962.11.09 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
1,828,376,000,000 |
2,344,448,000,000 |
156,083,000,000 |
|
|
(*)2012 |
2,271,269,000,000 |
1,886,819,000,000 |
190,519,000,000 |
|
(*)2011 |
1,662,886,000,000 |
1,332,239,934,469 |
158,221,000,000 |
|
(*)2010 |
1,237,177,835,897 |
1,143,015,929,174 |
131,293,900,078 |
|
2009 |
1,101,680,076,923 |
608,971,067,672 |
103,370,244,245 |
|
2008 |
752,738,609,272 |
431,892,948,057 |
76,835,942,385 |
|
2007 |
371,982,747,055 |
227,388,353,420 |
24,470,809,996 |
|
2006 |
239,703,597,568 |
157,941,945,527 |
12,972,911,548 |
|
2005 |
199,239,376,304 |
119,944,807,308 |
9,168,379,880 |
|
2004 |
184,153,420,221 |
105,109,369,198 |
7,079,328,379 |
(*)Figures
are based on the K-IFRS Accounting System.
Financial Description
|
Authorized
Capital(KRW) |
100,000,000,000 |
|
Paid-Up
Capital(KRW) |
20,215,000,000 |
|
Total Issued
Shares |
4,043,000 |
|
Balance Sheet |
|||
|
Unit : Korean Won |
01/01/2013~09/30/2013 |
As of
12/31/2012 |
As of
12/31/2011 |
|
Total
Assets |
2,344,448,000,000 |
1,886,819,000,000 |
1,332,239,934,469 |
|
Current
Assets |
2,128,065,000,000 |
1,635,908,000,000 |
1,155,692,987,287 |
|
Cash
& Cash Equivalents |
638,303,000,000 |
543,845,000,000 |
453,345,333,458 |
|
Current
Financial Instruments |
275,020,000,000 |
85,020,000,000 |
32,000,000,000 |
|
Trade
Receivables |
234,854,000,000 |
233,310,000,000 |
173,297,676,885 |
|
Other Recivables-Construction |
720,320,000,000 |
651,728,000,000 |
402,326,857,720 |
|
Other
Receivables |
76,595,000,000 |
36,347,000,000 |
10,515,795,805 |
|
Inventories |
281,000,000 |
84,000,000 |
860,710,597 |
|
Other
Current Assets |
182,692,000,000 |
85,574,000,000 |
83,346,612,822 |
|
Non-Current
Assets |
216,383,000,000 |
250,911,000,000 |
176,546,947,182 |
|
Non-Current
Financial Instruments |
3,000,000 |
80,003,000,000 |
43,990,372,250 |
|
Marketable
Financial Instruments |
4,814,000,000 |
5,204,000,000 |
5,251,640,343 |
|
Investment_Subsidiaries |
1,578,000,000 |
1,578,000,000 |
2,448,984,584 |
|
Other
Non-Current Assets |
166,947,000,000 |
101,051,000,000 |
67,851,820,517 |
|
Tangibles |
19,717,000,000 |
47,096,000,000 |
42,890,835,189 |
|
Intangibles |
17,557,000,000 |
10,007,000,000 |
9,031,039,835 |
|
Deferred
Income Tax Assets |
5,767,000,000 |
5,971,000,000 |
5,082,254,464 |
|
Total
Liabilities |
1,447,452,000,000 |
1,179,925,000,000 |
805,533,936,573 |
|
Current
Liabilities |
1,382,484,000,000 |
1,141,669,000,000 |
795,318,606,066 |
|
Trade Payables |
447,384,000,000 |
416,480,000,000 |
291,993,097,633 |
|
Other Payables |
89,622,000,000 |
68,851,000,000 |
29,274,449,464 |
|
Advance
Receipts |
422,853,000,000 |
416,909,000,000 |
307,394,675,795 |
|
Other Payables-Construction |
383,756,000,000 |
192,512,000,000 |
127,202,871,978 |
|
Short-Term
Borrowings |
- |
1,607,000,000 |
|
|
Current
Portion of Long-Term Debts |
- |
10,000,000 |
|
|
Accrued
Income Tax |
34,238,000,000 |
38,784,000,000 |
34,935,777,583 |
|
Other
Current Liabilities |
4,632,000,000 |
6,517,000,000 |
4,517,733,613 |
|
Non-Current
Liabilities |
64,968,000,000 |
38,256,000,000 |
10,215,330,507 |
|
Debentures |
10,000,000 |
- |
10,000,000 |
|
Other Payables |
49,330,000,000 |
25,942,000,000 |
6,364,497,518 |
|
Provision for
Severance & Retirement |
6,630,000,000 |
5,027,000,000 |
|
|
Provisions |
8,998,000,000 |
7,287,000,000 |
3,840,832,989 |
|
Capital
Stock |
20,215,000,000 |
20,215,000,000 |
20,215,000,000 |
|
Capital
Surplus |
2,228,000,000 |
2,228,000,000 |
2,227,597,908 |
|
Others |
37,310,000,000 |
1,269,000,000 |
1,155,317,169 |
|
Profit
Surplus |
837,244,000,000 |
683,182,000,000 |
503,108,082,819 |
|
Total
Equity |
896,996,000,000 |
706,894,000,000 |
526,705,997,896 |
|
Liab.
& Shareholders Equity |
2,344,448,000,000 |
1,886,819,000,000 |
1,332,239,934,469 |
|
Income Statement |
|||
|
Unit : Korean
Won |
01/01/2013~09/30/2013 |
As of
12/31/2012 |
As of
12/31/2011 |
|
Sales |
1,828,376,000,000 |
2,271,269,000,000 |
1,662,886,000,000 |
|
Cost
of Sold Goods |
1,610,345,000,000 |
1,981,565,000,000 |
1,409,943,000,000 |
|
Gross
Profit |
218,031,000,000 |
289,704,000,000 |
252,944,000,000 |
|
Selling
& Admin. Expenses |
36,696,000,000 |
55,609,000,000 |
59,322,000,000 |
|
Operating
Income |
181,335,000,000 |
234,094,000,000 |
193,622,000,000 |
|
Other
Income |
53,456,000,000 |
33,165,000,000 |
51,375,000,000 |
|
Other
Expenses |
41,145,000,000 |
35,861,000,000 |
52,536,000,000 |
|
Finance
Income |
20,022,000,000 |
27,945,000,000 |
15,015,000,000 |
|
Finance
Expenses |
7,490,000,000 |
14,149,000,000 |
2,886,000,000 |
|
Income
Before Taxes |
206,178,000,000 |
245,194,000,000 |
204,589,000,000 |
|
Income
Taxes Expenses |
50,095,000,000 |
54,675,000,000 |
46,369,000,000 |
|
Net
Income |
156,083,000,000 |
190,519,000,000 |
158,221,000,000 |
|
Cash Flows |
|||
|
Unit : Korean
Won |
01/01/2013~09/30/2013 |
As of
12/31/2012 |
As of
12/31/2011 |
|
Operating
Activities Cash Flows |
185,503,000,000 |
220,322,000,000 |
168,749,000,000 |
|
Cash
Flows from Operating |
229,252,000,000 |
252,403,000,000 |
194,110,000,000 |
|
-Net
Income |
156,083,000,000 |
190,519,000,000 |
158,221,000,000 |
|
-Exp.
without Cash Outflow |
88,235,000,000 |
104,041,000,000 |
74,578,000,000 |
|
-Revenue
without Cash Inflows |
-44,802,000,000 |
-29,813,000,000 |
-17,405,000,000 |
|
-Changes
in Asset/ & Liability |
29,737,000,000 |
-12,344,000,000 |
-21,284,000,000 |
|
Interests
Received |
10,708,000,000 |
15,648,000,000 |
8,866,000,000 |
|
Dividends
Received |
30,000,000 |
38,000,000 |
121,000,000 |
|
Interests
Paid |
-8,000,000 |
-1,000,000 |
- |
|
Income
Taxes |
-54,480,000,000 |
-47,766,000,000 |
-34,347,000,000 |
|
Cash
Flows from Investing |
-83,708,000,000 |
-120,293,000,000 |
-3,701,000,000 |
|
Cash
Inflow from Investing |
291,602,000,000 |
280,125,000,000 |
131,714,000,000 |
|
Cash
Outflows for Investing |
-375,309,000,000 |
-400,417,000,000 |
-135,415,000,000 |
|
Cash
Flows from Financing |
-3,628,000,000 |
-415,000,000 |
-6,065,000,000 |
|
Cash
Inflows from Financing |
10,000,000 |
1,606,000,000 |
- |
|
Cash
Outflows from Financing |
-3,638,000,000 |
-2,022,000,000 |
-6,065,000,000 |
|
Increase/Decrease
in Cash |
98,167,000,000 |
99,614,000,000 |
158,983,000,000 |
|
Cash
at the Beginning of Year |
543,845,000,000 |
453,345,000,000 |
295,388,000,000 |
|
Cash
at the End of Year |
638,303,000,000 |
543,845,000,000 |
453,345,000,000 |
Products,
Technologies, Services Description
|
Main Products
& Services |
PROCESS PLANT Upstream Oil & Gas LNG Facilities Oil Refinery Petrochemical Offshore Facilities Fertilizer and Chemicals Oil Terminal POWER & ENERGY PLANT Combined Cycle Power Plant Thermal Power Plant Cogeneration Power Plant Nuclear Power Plant Transmission & Substation Geothermal & Wind Power Plant Hydro, Tidal & Pumped Storage Power Plant Diesel Power Plant INDUSTRIAL PLANT Plant & Architecture Steel Mill & Metal Plant Cement, Food Processing & Industrial Facility Automobile Plant Logistics System Shipyard Environmental & New Industries INFRASTRUCTURE Transportation(Road, Subway, Harbor, Airport) Structures Urban Planning & Development Water Resource Groundwater ENVIRONMENT Water Treatment Waste Treatment Water Quality Management Environmental Impact Assessment |
|
Detailed
Products Spec. |
|
|
Technologies
Acquired |
|
Trade Partners &
Competitors
|
Suppliers |
CITIGROUP CAPITAL KOREA, INC.(110111-0175087) provides the
Machinery Leasing Services to the subject company. |
|
Customers |
HYUNDAI ENGINEERING & CONSTRUCTION CO., LTD.(110111-0007909) DAESAN MMA
CORPORATION(161411-0016995) HYUNDAI OIL
REFINERY CO., LTD.(110111-0090558) POSCO
ENGINEERING & CONSTRUCTION CO.,
LTD.(174611-0002979) KOREA WESTERN
POWER CO., LTD.(110111-2207177) PTT CHEMICAL
PUBLIC COMPANY LIMITED DYNATEC
MADAGASCAR S.A. NATIONAL
TRANSMISSION CORP. ARABIAN AMINES
COMPANY VIETNAM OIL
AND GAS CORPORATION TRANSCO KNLOC NAFTEC S.P.A |
|
Competitors |
SAMSUNG
ENGINEERING CO., LTD. SAMSUNG SEI
TOWER, 467-14, DOGOK 2-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-3458-3000 FAX:+82-2-3458-4006 DAEWOO
ENGINEERING COMPANY 9-3,
SUNAE-DONG, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA TEL:+82-31-738-0114 FAX:+82-31-738-0115 KOREA PLANT
SERVICE & ENGINEERING CO., LTD. 196,
GEUMGOK-DONG, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA TEL:+82-31-710-4114 FAX:+82-31-710-4269 |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
HYUNDAI MOTOR COMPANY(110111-0085450) KIA MOTORS
CORPORATION(110111-0037998) HYUNDAI MOBIS
CO., LTD.(110111-0215536) HYUNDAI
AUTONET CO., LTD.(134411-0015057) DYMOS
INC.(161411-0008562) KEFICO(110111-0543169) HYUNDAI
POWERTECH CO., LTD.(161411-0009403) WORLD
INDUSTRIES ACE CORP.(194211-0000125) 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
HYSCO(110111-0302416) HYUNDAI STEEL
COMPANY(120111-0001743) BNG STEEL CO.,
LTD.(110111-0065395) HMC INVESTMENT
SECURITIES CO., LTD.(110111-0019962) HYUNDAI
CAPITAL SERVICES, INC.(110111-0995378) HYUNDAI
COMMERCIAL INC.(110111-3646697) HYUNDAI CARD
CO., LTD.(110111-0377203) HAEVICHI
RESORT CO., LTD(224111-0006681) HAEVICHI
COUNTRY CLUB CO., LTD.(110111-0616049) GLOVIS CO.,
LTD.(110111-2177388) AUTOEVER
SYSTEMS CORPORATION(110111-1935638) M&SOFT
CO., LTD.(110111-1620239) N.G.V(110111-2094201) CARNES CO.,
LTD.(134111-0134001) HYUNDAI-ROTEM
COMPANY(194211-0036336) 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) |
|
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 |
|
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 |
|
Overseas
Office |
HEC
HEADQUARTERS HYUNDAI
ENGINEERING CO., LTD. HYUNDAI 41
TOWER, 917-9 MOK-DONG,YANGCHEON-GU, SEOUL, KOREA TEL:+82-2-2166
8114 FAX:+82-2-2166-8118 OMAN BRANCH
OFFICE HYUNDAI
ENGINEERING CO., LTD. MUSCAT BRANCH P.O.BOX:2463,
PC 112, RUWI, SULTANATE OF OMAN TEL:+968-2-481
4081 FAX:+968-2-481-6017 ABU DHABI
BRANCH OFFICE HYUNDAI
ENGINEERING CO., LTD. ABU DHABI BRANCH OFFICE P.O.BOX
:130365, M-1, LULU BINT, RASHED BUILDING, TOURIST CLUB STREET, ABU DHABI,
U.A.E. TEL:+971-2-643-0005
FAX:+971-2-643-0207 VIETNAM #1 PERTOVIETNAM
INVESTMENT CONSULTANCY & ENG. JOINT STOCK CO (PVE) 4TH FLOOR GI
BLOCK, THANH DA HOTEL, WARD 27, BINH THANH DISTRICT, HO CHI MINH CITY,
VIETNAM TEL:+84-4-898
6582 FAX:+84-8-898-6583 VIETNAM #2 LHT
INTERNATIONAL ENGINEERING JOINT STOCK COMPANY (LHT) (30.0% held by
the subject company) NO. 124 MINH
KHAI, HAI BA TRUNG DISTRICT, HANOI, VIETNAM TEL:+84-4-863
5284 FAX:+84-4-624-2526 THAILAND HYUNDAI
ENGINEERING (THILAND) CO., LTD. (49.0% held by
the subject company) 1010
SHINAWATRA TOWER 111, 10TH FLOOR, ROOM 1004, VIPHAVAGI TANGSIT RD, CHATUCHAK,
BANGKOK, 10900, THAILAND TEL:+66-2-949-2841
~ 2 FAX:+66-2-966-2779 INDONESIA
BRANCH OFFICE #1 HYUNDAI
ENGINEERING CO.,LTD. BATAM BRANCH JI. TRANS
BARELANG KM 3.5 TEMBESI, BATUAJI, BATAM, INDONESIA 29438 TEL:+62-778-365
888 FAX:+62-778-361-234 INDONESIA #2 PT. HYUNDAI
ENGINEERING INDONESIA (95.0% held by
the subject company) BRI II
BUILDING, 21ST FLOOR, SUITE 2103A JL. JEND. SUDIRMAN KAU. 44-46, JAKRTA
10210, INDONESIA TEL:+62-21-571-3441/3443
FAX:+62-21-571-3444 PHILIPPINES
BRANCH OFFICE HYUNDAI
ENGINEERING CO., LTD. MANILA BRANCH UNIT 905, THE
PEARL BANK CENTER, 146 VALERO STREET, SALCEDO VILLAGE MAKATI CITY,
PHILIPPINES TEL:+63-2-814
0152 FAX:+63-2-814-0153 |
|
Subsidiary |
HYUNDAI
ENGINEERING PAKISTAN PVT. LTD PT.HYUNDAI
ENGINEERING INDONESIA HEC
ENGINEERING INDIA PVT. LTD |
|
Corporate
Ownership |
HYUNDAI
ENGINEERING & CONSTRUCTION CO., LTD.(110111-0007909) |
|
Major
Shareholders |
|
|
Cooperative
Enterprise |
LEONHARDT-GERMANY ORIENTAL
CONSULTANTS-JAPAN MNA-USA VIVENDI
WATER-FRANCE -Insured
Company HYUNDAIMARINE&FIREINSURANCECO., LTD.(110111-0035893) KYOBO LIFE INSURANCE CO., LTD.(110111-0014970) |
Sales by Region
(Activity & Markets)
The Subject
provides the services to Asia, USA and Middle East.
Court Action
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount
(Million KRW) |
Status |
|
|
Overseas |
|
The Subject Company(1) |
Claim for Compensation from Damages |
USD 190,000,000 |
Proceeding |
|
|
Domestics |
|
The Subject Company(5) |
Claim for Compensation from Damages |
12,646 |
Proceeding |
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.48 |
|
UK Pound |
1 |
Rs.102.95 |
|
Euro |
1 |
Rs.84.60 |
INFORMATION DETAILS
|
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 SCs 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.