|
Report Date : |
08.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
HYUNDAI
ELEVATOR CO., LTD. |
|
|
|
|
Registered Office : |
2091-1, Gyeongchung-daero, Bubal-eup, Icheon-si, Gyeonggi-do, Korea (Old Address System : San 136-1, Ami-ri, Bubal-eup,
Icheon-si, Gyeonggi-do, Korea) |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
30.06.2014 |
|
|
|
|
Date of Incorporation : |
23.05.1984 |
|
|
|
|
Com. Reg. No.: |
126-81-04267 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacture of Elevators and Conveyor Systems. |
|
|
|
|
No of Employees : |
1,507 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but correct |
|
Litigation : |
Exist |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
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. South 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. South 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-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,
dominance of large conglomerates (chaebols), and heavy reliance on exports,
which comprise about half of GDP.
|
Source
: CIA |
|
Company Name |
HYUNDAI
ELEVATOR CO., LTD. (Korean
Company Name : “현대엘리베이터(주)”) |
|
Registered Address |
2091-1,
Gyeongchung-daero, Bubal-eup, Icheon-si, Gyeonggi-do, Korea (Old
Address System : San 136-1, Ami-ri, Bubal-eup, Icheon-si, Gyeonggi-do, Korea) |
|
Building |
|
|
Zip Code |
467-734 |
|
Tel |
+82-31-644-5114 |
|
Fax |
+82-31-637-8152 |
|
E-mail |
overseas@hyundaielevator.co.kr |
|
Website |
www.hyundaielevator.co.kr |
|
Trading Address |
Hyundai
Group Bldg., 1-7, Yeonji-dong, Jongno-gu, Seoul, Korea |
|
Tel |
+82-2-3670-0500 |
|
Fax |
+82-2-3673-1785~6 |
|
Other Address-Jeonju Office |
13th Fl., Jeonbuk Bank Bldg., 669-2, Geumam 1-dong, Deokjin-gu,
Jeonju-si, Jeollabuk-do, Korea |
|
Tel |
+82-63-278-3126~8 |
|
Fax |
+82-63-278-3129 |
|
Other Address-Incheon Office |
175-13, Galsan-dong, Bupyeong-gu, Incheon, Korea |
|
Tel |
+82-32-505-0430~2 |
|
Fax |
+82-32-505-0433 |
|
Other Address-Busan Office |
248-10, Guseo-dong, Geumjeong-gu, Busan, Korea |
|
Tel |
+82-51-512-6809 |
|
Fax |
+82-51-516-9876 |
|
Other Address-Daegu Office |
4th Fl., Gyeongbuk Ilbo, 286-2, Hyomok-dong, Dong-gu, Daegu, Korea |
|
Tel |
+82-53-741-8064~5 |
|
Fax |
+82-53-755-5487 |
|
Other Address-Gwangju Branch |
5th Fl., Hyundai Bldg., 415-2, Nongseong-dong, Seo-gu, Gwangju, Korea |
|
Tel |
+82-62-361-1633 |
|
Fax |
+82-62-361-1632 |
|
Other Address-Gangwon Office |
5th Fl., Jinmyeong Bldg., 1005-4, Gyo-dong, Gangneung-si, Gangwon-do,
Korea |
|
Tel |
+82-33-647-2601 |
|
Fax |
+82-33-647-2633 |
|
Other Address-Ulsan Office |
5th Fl., Yeongdo Bldg., 657-1, Sinjeong-dong, Nam-gu, Ulsan, Korea |
|
Tel |
+82-52-272-2104 |
|
Fax |
+82-52-276-2542 |
|
Other Address-Macahng Office |
Rm. 1203, Hyundae Officetel, 59-2, Yangdeok 2-dong, Masan-si,
Gyeongsangnam-do, Korea |
|
Tel |
+82-55-255-6354 |
|
Fax |
+82-55-255-6355 |
|
Other Address-Daejeon Office |
188-15, Oryu-dong, Jung-gu, Daejeon, Korea |
|
Tel |
+82-42-536-1045 |
|
Fax |
+82-42-534-8344 |
|
Other Address-Jeju Office |
291-44, Yeon-dong, Jeju-si, Jeju-do, Korea |
|
Tel |
+82-64-744-9619 |
|
Fax |
+82-64-748-2523 |
|
Other Address-Cheonan Logistics Center |
235-2, Yongjeong-ri, Ipjang-myeon, Seobuk-gu, Cheonan-si,
Chungcheongnam-do, Korea |
|
Tel |
+82-41-582-7015∼7 |
|
Fax |
+82-41-582-7018 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Elevators and Conveyor systems |
|
Main Business |
Elevator, Escalator, Parking Equipment, Physical Distribution System,
Platform Screen Door, Moving Walk |
|
Sub
Business |
Manufacture of Metal Doors and Related Articles |
|
Established (mm/dd/yyyy) |
05/23/1984 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Commercial or industrial construction(72131600) |
|
Sell |
Liquid crystal display LCD panels or monitors(43211902) |
|
Sell |
Business and corporate management consultation services(80101500) |
|
Sell |
Lifting equipment and accessories(24101600) |
|
Sell |
Systems integration design(81111503) |
|
Sell |
Material handling machinery and equipment(24100000) |
|
Sell |
Elevators(24101601) |
|
Sell |
Escalator or walkways(24101626 |
|
Sell |
Doors(30171500) |
|
Name |
Han Sang-Ho |
|
Address |
|
|
Date of Birth |
04/03/1956 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
98,162,565,000 |
|||||||||||||||||||||||||||
|
Employees |
1,507 |
|||||||||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange :
017800) as of 07/03/1996 A company of Hyundai Group |
|||||||||||||||||||||||||||
|
Bank Details |
Korea Exchange Bank-Kye Dong Branch |
|||||||||||||||||||||||||||
|
Corporate Registered No. |
134411-0001519 |
|||||||||||||||||||||||||||
|
Business Registered No. |
126-81-04267 |
|||||||||||||||||||||||||||
|
Permit & Licenses |
12/1991 ISO 9001 (DNY) 04/1997 ISO 14001 (DNY) 08/1999 CE 07/2001 CE 02/2002 EM 03/2002 CE (DNY) 07/2002 GD 12/2004 ISO 9001 (DNY) 12/2004 ISO 14001 (DNY) 12/2005 CE (TUV) Int’l Trade No: 847160 |
|||||||||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||||||||
|
Company History |
03/11/2010 Moved to the present Trading
address from 1-83, Dongsung-dong, Jongno-gu, Seoul, Korea 12/2007 Certificated New Excellent
Technology for the capacitor-less invert control for driving elevator from
the Ministry of Science and Technology 10/2006 Certificated Korea Productivity
Award from Korea Productivity Center 12/2005 Certificated CE mark for material
handling system from TUV 02/2005 Selected one of the most admired
companies from the federation of Korean industries and the Seoul Economic
Daily 12/2004 Certificated ISO9001 and ISO14001
Certification from DNV for Platform Screen Doors 09/2003 Certificated Korea Productivity
Award from Korea Productivity Center 03/2002 Certificated CE Mark for all
elevator safety components from DNV 03/2002 Certificated EM Mark for
MRL(Machine-Room-Less) elevator from Korean Agency for technology &
standards 07/2001 Certificated CE Mark for elevator
from DNV 10/1999 Signed a contract for a technology
alliance with Japan’s Nabco for PSD (platform screen doors) 08/1999
Certificated CE Mark for escalator from DNV 03/1998 Certificated ISO 9001 and ISO 14001
certification from DNV for the Auto Parking Systems and Material Handling
Systems 04/1997 Certificated ISO 14001
environmental certification from DNV 12/1996 Certificated After Service
Certification from the Ministry of Trade and Commerce 08/1996 New office building in Seoul
completed 07/1996 Listed on the Korea Stock Exchange 11/1995 Distribution Center in Chonan
completed 11/1995 Established joint venture in
Shenyang, China 09/1995 Grand prize of Customer
Satisfaction & Management Innovation by K.M.A.C awarded 04/1995 Completed construction of Research
& Development Building at Ichon 09/1993 Established joint venture in the
Philippines 08/1993 Established joint venture in
Shanghai, China 12/1991 Certificated ISO 9001 certification
from DNV 04/1990 Established Material Handling
System Division 09/1989 Termination of joint venture with
Westinghouse 01/1988 Established Auto Parking System
Division 05/1984 Hyundai Elevator Co., Ltd. established.
Technical License Agreement signed by Hyundai and Westinghouse to manufacture
various kinds of elevators and escalators 01/1984 Agreement signed by Hyundai and
Westinghouse(U.S.A.) to establish a joint venture company 1984/05: Hyundai
Elevator Co., Ltd. established. Technical License Agreement signed by Hyundai
and Westinghouse to manufacture various kinds of elevators and escalators 1984/01 Agreement signed by Hyundai and
Westinghouse(U.S.A.) to establish a joint venture company |
|
Job Description |
Title |
Name |
Sex |
Date of Birth |
Education/Education |
|
Chairman |
M/S. |
Hyun Jeong-Eun |
Korean |
1955.01.26 |
Ewha Women's University |
|
President & CEO |
Mr. |
Han Sang-Ho |
Korean |
1956.04.03 |
Yonsei University, korea |
|
Outside Director |
Mr. |
Kim Ho-Jin |
Korean |
1962.05. |
Yonsei University, Korea |
|
Outside Director |
Mr. |
Park Eui-Myung |
Korean |
1949.01. |
Sungkyunkwan University, Korea |
|
Outside Director |
Mr. |
Kang Ho-Sang |
Korean |
1952.10. |
Columbia University, USA |
|
Outside Director |
Mr. |
Lee Young-Ha |
Korean |
1965.07. |
Sungkyunkwan University, Korea |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
572,259,629,143 |
1,277,154,008,533 |
-297,488,297,457 |
|
|
(*)2013 |
1,064,722,979,554 |
1,662,448,878,845 |
-186,615,480,894 |
|
(*)2012 |
915,619,507,212 |
1,578,519,802,699 |
-41,414,955,953 |
|
(*)2011 |
879,189,143,064 |
1,449,062,486,357 |
-137,610,885,691 |
|
2010 |
835,389,175,281 |
1,458,334,535,255 |
139,628,238,723 |
|
2009 |
800,109,039,665 |
1,009,696,015,803 |
-209,111,350,537 |
|
2008 |
673,848,379,657 |
1,204,686,605,549 |
29,776,960,372 |
|
2007 |
564,581,265,768 |
993,847,210,481 |
149,775,935,081 |
|
2006 |
495,059,357,762 |
1,025,811,981,280 |
44,495,256,862 |
|
2005 |
473,019,017,251 |
561,609,043,749 |
83,948,120,499 |
|
2004 |
440,884,972,257 |
407,914,902,255 |
83,940,845,368 |
|
2003 |
358,168,256,632 |
409,357,074,434 |
28,346,513,978 |
(*)Figures are based on
the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
100,000,000,000 |
|
Paid-Up Capital(KRW) |
98,162,565,000 |
|
Total Issues Shares |
19,632,513 |
|
Balance Sheet |
|||
|
Unit : Korean Won |
01/01/2014~06/30/2014 |
As of 12/31/2013 |
As of 12/31/2012 |
|
Total
Assets |
1,277,154,008,533 |
1,662,448,878,845 |
1,578,519,802,699 |
|
Total
Assets |
554,231,369,750 |
636,726,810,846 |
594,848,397,886 |
|
Current
Assets |
96,432,737,369 |
107,549,568,437 |
259,998,821,577 |
|
Cash
& Cash Equivalents |
5,000,000,000 |
5,000,000,000 |
0 |
|
Current
Financial Instruments |
132,740,000 |
867,085,000 |
326,615,000 |
|
Held
to Maturity Financial Assets |
178,396,773,333 |
172,175,962,564 |
161,851,205,357 |
|
Trade
Receivables |
105,206,941,506 |
112,474,008,306 |
87,565,531,294 |
|
Other
Receivables-Construction |
3,319,698,038 |
3,337,314,583 |
3,475,022,433 |
|
Other
Receivables |
682,565,866 |
436,989,366 |
252,453,295 |
|
Derivatives |
12,757,508,033 |
11,484,901,670 |
9,779,517,811 |
|
Inventories |
123,692,777,746 |
204,006,779,088 |
54,036,124,030 |
|
Other
Current Assets |
11,658,479,569 |
19,394,201,832 |
14,066,015,499 |
|
Deferred
Income Tax Assets |
262,726,290 |
0 |
3,497,091,590 |
|
Assets
to be Sold |
16,688,422,000 |
0 |
0 |
|
Non-Current
Assets |
722,922,638,783 |
1,025,722,067,999 |
983,671,404,813 |
|
Non-Current
Financial Instruments |
8,142,970,330 |
835,485,120 |
18,000,000 |
|
Marketable
Financial Instruments |
2,127,067,516 |
23,466,426,870 |
22,844,046,123 |
|
Held
to Maturity Financial Assets |
4,513,260,000 |
4,362,735,000 |
3,329,130,000 |
|
Investment_Related
Companies |
476,715,659,427 |
789,979,328,249 |
711,261,759,868 |
|
Derivatives |
97,890,513 |
575,060 |
11,425,226,401 |
|
Investment_Real
Estates |
14,026,706,275 |
14,556,156,918 |
14,665,741,346 |
|
Tangibles |
83,859,741,740 |
82,424,506,308 |
82,804,220,015 |
|
Intangibles |
5,604,091,291 |
5,604,091,291 |
4,512,175,114 |
|
Other
Financial Instruments |
21,168,803,137 |
15,368,481,318 |
91,906,762,055 |
|
Non-Current
Financial Instruments |
5,320,553,463 |
7,987,110,872 |
15,254,854,159 |
|
Deferred
Income Tax Assets |
101,345,895,091 |
81,137,170,993 |
25,649,489,732 |
|
Total
Liabilities |
771,028,559,968 |
1,035,608,183,531 |
869,603,684,739 |
|
Current
Liabilities |
655,583,504,055 |
729,118,624,815 |
472,980,590,968 |
|
Trade
Payables |
102,125,790,976 |
116,426,166,004 |
97,369,659,049 |
|
Other
Payables |
43,482,756,293 |
43,934,394,883 |
33,738,209,788 |
|
Short-Term
Borrowings |
138,819,828,547 |
119,955,733,837 |
195,856,419,280 |
|
Derivatives |
252,536,166,787 |
336,022,741,816 |
64,609,032,102 |
|
Advance
Receipts |
6,754,582,231 |
6,713,311,085 |
5,662,124,918 |
|
Other
Payables-Construction |
95,045,420,177 |
81,348,431,084 |
59,200,837,811 |
|
Provisions |
9,470,098,879 |
9,972,450,460 |
9,902,438,393 |
|
Other
Financial Debts |
1,099,040 |
1,393,800 |
1,843,820 |
|
Other
Current Liabilities |
7,347,761,125 |
6,357,263,590 |
6,640,025,807 |
|
Deferred
Income Tax Credits |
0 |
8,386,738,256 |
0 |
|
Non-Current
Liabilities |
115,445,055,913 |
306,489,558,716 |
396,623,093,771 |
|
Long-Term
Trade Payables & Other Payables |
94,841,932,205 |
194,641,364,582 |
249,362,988,719 |
|
Other Payables |
785,500,000 |
770,500,000 |
340,500,000 |
|
Derivatives |
0 |
96,836,135,291 |
126,897,452,639 |
|
Confirmed
Salaries |
15,591,234,442 |
10,728,497,622 |
16,258,580,654 |
|
Provision
for Severance & Retirement |
4,226,389,266 |
3,513,061,221 |
3,763,571,759 |
|
Capital
Stock |
98,162,565,000 |
68,162,565,000 |
60,162,565,000 |
|
Capital
Surplus |
678,534,277,559 |
530,240,065,159 |
442,484,738,959 |
|
Other
Accumulated Income |
7,671,879,358 |
8,702,881,294 |
8,381,457,404 |
|
Profit
Surplus |
-278,243,273,352 |
19,735,183,861 |
197,887,356,597 |
|
Total
Equity |
506,125,448,565 |
626,840,695,314 |
708,916,117,960 |
|
Liab.
& Shareholder’s Equity |
1,277,154,008,533 |
1,662,448,878,845 |
1,578,519,802,699 |
|
Income Statement |
|||
|
Unit : Korean Won |
01/01/2014~06/30/2014 |
As of 12/31/2013 |
As of 12/31/2012 |
|
Sales |
572,259,629,143 |
1,064,722,979,554 |
915,619,507,212 |
|
Cost
of Sold Goods |
471,415,580,518 |
877,841,431,554 |
790,466,067,036 |
|
Gross
Profit |
100,844,048,625 |
186,881,548,000 |
125,153,440,176 |
|
Selling
& Admin. Expenses |
46,004,066,279 |
83,758,506,780 |
75,818,901,091 |
|
Operating
Income |
54,839,982,346 |
103,123,041,220 |
49,334,539,085 |
|
Other
Income |
4,866,781,189 |
4,925,209,468 |
7,083,887,103 |
|
Other
Expenses |
323,612,545,173 |
26,773,681,747 |
19,553,259,223 |
|
Finance
Income |
6,367,388,351 |
9,838,162,236 |
25,814,448,222 |
|
Finance
Expenses |
59,431,838,059 |
326,386,311,632 |
116,221,907,641 |
|
Income
Before Taxes |
-316,970,231,346 |
-235,273,580,455 |
-53,542,292,454 |
|
Income
Taxes Expenses |
19,481,933,889 |
-48,658,099,561 |
-12,127,336,501 |
|
Net
Income |
-297,488,297,457 |
-186,615,480,894 |
-41,414,955,953 |
|
Cash Flows |
|||
|
Unit : Korean Won |
01/01/2014~06/30/2014 |
As of 12/31/2013 |
As of 12/31/2012 |
|
Operating
Activities Cash Flows |
54,930,053,695 |
106,316,965,116 |
99,376,567,985 |
|
Cash Flows from Operating |
69,566,977,785 |
119,446,952,710 |
115,508,399,220 |
|
Interests Received |
1,683,183,992 |
6,147,581,149 |
8,512,478,241 |
|
Interests Paid |
-7,119,172,707 |
-22,040,224,929 |
-23,243,282,542 |
|
Dividends Received |
6,594,000 |
186,152,976 |
412,780,656 |
|
Income Taxes |
-9,207,529,375 |
2,576,503,210 |
-1,813,807,590 |
|
Cash Flows from Investing |
-163,234,274,694 |
-223,366,675,244 |
-99,569,574,542 |
|
Cash Flows from Financing |
97,204,391,390 |
-35,374,823,800 |
135,626,481,640 |
|
Increase/Decrease in Cash |
-11,099,829,609 |
-152,424,533,928 |
135,433,475,083 |
|
Cash at the Beginning of Year |
107,549,568,437 |
259,998,821,577 |
124,564,575,529 |
|
Cash at the End of Year |
96,432,737,369 |
107,549,568,437 |
259,998,821,577 |
|
Main Products & Services |
-Elevators, Escalators & Moving Walkways : Manufacture, Sale, Installation
& Service -Auto Parking Systems : Manufacture, Sale, Installation & Service -Material Handling Systems : Manufacture, Sale, Installation &
Service -Parts Sales & Services : Manufacture, Sale, Installation &
Service -Platform Screen Doors Brand Name : LUXEN, Yzer, Time & Space |
|
Detailed Products Spec. |
|
|
Technologies Acquired |
|
|
Suppliers |
|
|
Customers |
HYUNDAI HEAVY INDUSTRIES
CO.,LTD.(181211-0000386) HYUNDAI MOTOR CO(110111-0085450) HYNIX SEMICONDUCTOR INC(134411-0001387) BOOXEN CO., LTD(115611-0011369) |
|
Competitors |
HANKOOK OTIS ELEVATOR CO.,
LTD.(110111-0263858) 10TH FL., HANSEOM BLDG., 15, YEOEUIDO-DONG,
YEONGDEUNGPO-GU, SEOUL, KOREA TEL:+82-2-6007-3114 FAX:+82-2-6007-3036 THYSSENKRUPP ELEVATOR KOREA CO.,
LTD.(124311-0004898) 55-30, ORYU 1-DONG, GURO-GU, SEOUL, KOREA TEL:+82-2-2610-7777 FAX:+82-2-2610-7700 (*)THE SUBJECT IS RANKED AS 1ST
PLAYER IN DOMESTIC MARKET SHARE. |
|
Affiliates-Domestic |
HYUNDAI MERCHANT MARINE CO.,
LTD.(110111-0193740) TRANSORIENT SHIPPING CO.,
LTD.(110111-0781412) HAEYOUNG MARITIME SERVICES CO.,
LTD.(180111-0516766) HYUNDAI LOGISTICS CO., LTD.(110111-0578231) HYUNDAI RESEARCH INSTITUTE(110111-0507660) HYUNDAI SECURITIES CO., LTD(110111-0042476) HYUNDAI ASAN CORPORATION(140111-0011714) HYUNDAI UBIQUOUS & INFORMATION
TECHNOLOGY CO., LTD.(110111-3259408) HYUNDAI INVESTMENT NETWORK CO.,
LTD.(110111-3890848) HYUNDAI ASSET MANAGEMENT CO.,LTD(110111-4003721) |
|
Affiliates-Overseas |
HYUNDAI ELEVATOR SERVICES PHILS. (40.0% held by the subject company) SHIMYANG HYUNDAI ELEVATOR MANUFACTURING
CO., LTD.-CHINA (37.5% held by the subject company) PT. HELSI SUPERHELINDO (30.0% held by the subject company) |
|
Overseas Office |
USA HYUNDAI ELEVATOR CO., LTD. 879W. 190TH ST. SUITE 580 GARDENA, CA 90248
U.S.A. TEL: +1-310-538-4770 FAX: +1-310-538-4745 JAPAN HYUNDAI ELEVATOR CO., LTD. 11F, YAMATO LIFE BLDG. 1-1-7, UCHISAIWAI-CHO,
CHIYODA-KU, TOKYO, 100-0011, JAPAN TEL: +81-3-3519-6125 FAX: +81-3-3519-6126 |
|
Liaison Office |
|
|
Overseas Branch |
|
|
Joint Venture |
|
|
Subsidiary |
HYUNDAI ELEVADORES DO BRASIL LTDA(BRAZIL) (100.0% held by the subject company) HYUNDAI ELEVATOR MALAYSIA SDN.BHD.(MALAYSIA) (45.0% held by the subject company) PT. HYUNDAI ELEVATOR INDONESIA (INDONESIA) (51.0% held by the subject company) |
|
Corporate Ownership |
|
|
Major Shareholders |
|
|
Cooperative Enterprise-Sales Networks |
PHILIPPINES HYCO INDUSTRIAL SALES CORP. #81 KAPILIGAN COR. BAYANI ST., BRGY.DONA
LMELDA, QUEZON CITY, PHILIPPINES TEL: +63-2-716-0905 FAX: +63-2-714-8896 INDONESIA PT. SUPERHELINDO JAYA JL. KH. MOCH. MANSYUR NO 19B, JAKARTA
10140, INDONESIA TEL: +62-21-631-8444 FAX: +62-21-632-6288 THAILAND LOXLEY PUBLIC CO., LTD. CONSTRUCTION MATERIALS DEPARTMENT 102 NA
RANONG RD, KLONGTOEY, BANGKOK 10110, THAILAND TEL: +66-2-348-8000 FAX:
+66-2-240-3127/3128 BANGLADESH REGIONAL TRADERS LTD. KARIM CHAMBER(3RD FLOOR)99, MOTIJHEEL
COMMERCIAL AREA DHAKA-1000, BANGLADESH TEL: +880-2-956-3122 FAX: +880-2-956-7377 INDIA KINETIC ESCALATOR & ELEVATOR LTD. G-92, D-ⅢBLOCK, MIDC, CHINCHWAD, PUNE-411.019 INDIA TEL: +91-20-3250-2190~1 FAX:
+91-20-2747-0568 PAKISTAN ISLAMABAD INDUSTRIAL & TRADING CORP. 205 AMBER ESTATE SHAHRA-E-FAISAL, KARACHI -
75350, PAKISTAN TEL: +92-21-432-0601~5 FAX: +92-21-432-0617 EGYPT INTERNATIONAL ENG. & TRADE 10 EL HAKAM ST., HELMEYT EL ZAYTON CAIRO,
EGYPT TEL: +20-2-2241-8542 FAX: +20-2-2639-2672 |
|
Cooperative Enterprise-Sales Networks |
.A.E. EMIRATES & KOREA ELEVATORS L.L.C. SUITE 51B, ZOMORRODAH BLDG., HURRAIR ROAD,
KARAMA P.O. BOX 126967 DUBAI, UAE TEL 04-334 4579 FAX 04-337 4220 KUWAIT DEAL GENERAL TRADING & CONTRACTING CO. P. O. BOX 27956 SAFAT, 13140 KUWAIT TEL: +965-245-7925 FAX: +965-242-3510 JORDAN BSEISO ENGINEERING MATERIALS CORP. P. O. BOX 830681 AMMAN 11183, JORDAN TEL: +962-656-99012 FAX: +962-656-99014 IRAN MEHFAKHR FLAT NO. 84 8TH FLR. NO. 23 CORNER OF 13TH
ST. ASADABADI AVE. TEHRAN IRAN TEL: +98-21-872-6082 FAX: +98-21-855-3741 SAUDI ARABIA ETA-ELECTROMECHANICAL & TECHNICAL
ASSOCIATES, AL MURJAN TOWER, 11TH FLOOR, SUITE
#1104,HAIL STREET AND WALY AL AHD STREET INTERSECTION, P. O. BOX 6591, JEDDAH-21452, SAUDI ARABIA TEL: +966-2-652-9000 FAX: +966-2-652-9090 QATAR INTERNATIONAL ENG. & TRADE GROUP CO. P. O. BOX N0.22549 DOHA, QATAR TEL: +97-4-436-6689 FAX: +97-4-556-8842 ALGERI FLASH ENGINEERING & TRADE 03 RUE SAIDI AHMED-BORDJ EL KIFFAN PALACE
CENTER, ALGER, ALGERI TEL: +213-21-203785 FAX: +213-21-216444 TUNISIA ASCENSEURS LEVAGE & MANUTENTION(ALM) RUE ABDERRAHMEN IBN AOUF CITE UV4 BLOC
49-1004 MENZEH 6 TUNIS - TUNISIE TEL: +216-71-236-373 FAX: +216-71-754-361 |
|
Cooperative Enterprise-Sales Networks |
PANAMA ELEVADORES DE PANAMA S.A. VIA RICARDO J. ALFARO, DIAGONAL HOSPITAL
S.M. ARCANGEL REPUBLIC OF PANAMA TEL: +507-230-3166 FAX: +507-230-3187 GUATEMALA ELEVADORES OTIS S.A. DE C.V. 17 CALLE 14-53 ZONA 13 GUATEMALA CITY,
GUATEMALA TEL: +502-2381-7600 FAX: +502-2381-7676 OMAN NORTH OCEAN ENTERPRISES LLC P.O.BOX 3725 P.C.112,RUWI SULTANATE OF OMAN TEL : 00968 92864334 FAX: +00968 24498622 CHINA *SHANGHAI HYUNDAI ELEVATOR MANUFACTURING
CO., LTD. HEAD OFFICE(FACTORY) ZHENXI NANLU NO.182, LIANTANG ZHEN, QINGPU
XIAN, SHANGHAI CHINA 201716 TEL: +86-21-5981-3981/3990/3961/3971 FAX:
+86-21-5981-3982 SHANGHAI OFFICE 27F, JINXUAN BLDG., NO.238 NANDAN RD(EAST),
SHANGHAI, CHINA, 200030 TEL: +86-21-6427-6616/9569 FAX: +86-21-6427-4428 |
|
Cooperative Enterprise |
-Technical Support from MITSUBISHI HEAVY INDUSTRIES LTD.-PARKING
EQUIPMENT NABTESCO LTD.-SCREEN DOOR MURATA MACHINERY, LTD.-SKY-RAV -Technical Export SHANGHAI HYUNDAI ELEVATOR CO. -Equity Swap Agreement with NEXGEN CAPITAL LTD. |
|
Sales/ Unit : Million KRW |
09/2011 |
2010 |
2009 |
|
Export |
107,589 |
154,271 |
107,959 |
|
Domestic |
520,294 |
681,118 |
692,150 |
|
Total |
627,883 |
835,389 |
800,109 |
The Subject Company exports to India, Indonesia, Iran, Philippine, Japan,
USA and China.
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
|
Korea Land & Housing Corporation(135671-0033355) |
The Subject Company & Others(6) |
Violation of Anti-Trust Law |
22,727,000,000 |
Proceeding |
|
|
|
Wonil Elevator Co., Ltd.(Korea) |
The Subject Company |
Refund of Inappropriate Profits |
15,148,000,000 |
Proceeding |
|
|
|
Shindler Holding AG |
The Subject Company |
|
|
Proceeding |
|
|
|
Shindler Holding AG |
The Subject Company |
|
|
Proceeding |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.35 |
|
|
1 |
Rs.98.71 |
|
Euro |
1 |
Rs.77.47 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
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.