|
Report No. : |
319810 |
|
Report Date : |
25.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
LS CABLE & SYSTEM LTD. |
|
|
|
|
Registered Office : |
127, LS-Ro, Dongan-Gu, Anyang-Si, Gyeonggi-Do, 12th Fl., LS Tower, Korea 431-848 |
|
|
|
|
Country : |
South
Korea |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
02.07.2008 |
|
|
|
|
Com. Reg. No.: |
138-81-47634 |
|
|
|
|
Legal Form : |
Co., Ltd by shares |
|
|
|
|
Line of Business : |
Manufacture of Other Insulated Wire and Cable. |
|
|
|
|
No. of Employees : |
2,139 |
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 : |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
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
economic 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. A
system of close government and business ties, including directed credit and
import restrictions, initially 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 7% 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 over 6% growth in 2010. The US-Korea
Free Trade Agreement was ratified by both governments in 2011 and went into
effect in March 2012. Between 2012 and 2014, the economy experienced sluggish
growth because of external market slowdowns. The administration in 2015 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 the heavy reliance on
exports, which comprise about half of GDP.
|
Source
: CIA |
|
Company Name |
LS CABLE & SYSTEM LTD. (Ex. Company Name: LS CABLE LTD.) |
|
Registered Address |
127, LS-ro, Dongan-gu, Anyang-si,
Gyeonggi-do, Korea |
|
Building |
12th Fl., LS Tower |
|
Zip Code |
431-848 |
|
Tel |
+82-2-2189-9114 |
|
Fax |
+82-2-2189-9259 |
|
E-mail |
webmaster@lscable.com;kckim1@lscable.com;yjwon@lscable.com;
st2010@lscable.com;choilje@lscable.com |
|
Website |
www.lscns.co.kr |
|
Trading Address |
12th Fl., LS Tower, 127, LS-ro, Dongan-gu,
Anyang-si, Gyeonggi-do, Korea (Old Address System : 12th Fl., LS Tower,
1026-6, Hogye 1-dong, Dongan-gu, Anyang-si, Gyeonggi-do, Korea) |
|
Tel |
+82-2-2189-9114 |
|
Fax |
+82-2-2189-9259 |
|
Other Address-Anyang Factory |
555, Hogwe-dong, Dongan-gu, Anyang-si,
Gyeonggi-do 431-831 Korea |
|
Tel |
+82-31-428-4114 |
|
Fax |
+82-31-428-4033 |
|
Other Address-Gumi Factory |
190, Gongdan-dong, Gumi-si, Gyeongsangbuk-do 730-708 Korea |
|
Tel |
+82-54-469-7114 |
|
Fax |
+82-54-469-7100 |
|
Other Address-Indong Factory |
643 Jinpyeong-dong, Gumi-si,
Gyeongsangbuk-do 730-735 Korea |
|
Tel |
+82-54-469-7710 |
|
Fax |
+82-54-469-7055 |
|
Other Address-Donghae Factory |
1377, Songjeong-dong,
Donghae-si, Gangwon-do, Korea |
|
Tel |
+82-33-820-3114 |
|
Fax |
+82-33-820-3029 |
|
Other Address-Jeongeup Factory |
938 3th Industrial Complex, Taegok-ri,
Buk-myeon Jeongeup, Jeonbuk-do580-812 Korea |
|
Tel |
+82-63-530-4114 |
|
Fax |
+82-63-530-4118 |
|
Other Address-Jeonju Factory |
778 Jeonju 3 Industrial Complex Yongnam-ri, Bongdong-eup, Wanju-gun
Jeonbuk, Korea |
|
Tel |
+82-63-279-5114 |
|
Fax |
+82-63-279-5954 |
|
Other Address-R&D Center |
555 Hogwe-dong, Dongan-gu, Anyang-si, Gyeonggi-do
431-831 Korea |
|
Tel |
+82-31-450-8114 |
|
Fax |
|
|
Other Address-Busan Sales Office |
Floor No. 3, Busan Logistics Center of LS Industrial Systems Co.,
Ltd.140-9, Gamjeon2-dong, Sasang-gu, Busan, Korea |
|
Tel |
+82-51-310-6750 |
|
Fax |
+82-51310-6751 |
|
Other Address-Gwangju Sales
Office |
115-26, Yoo-dong, Buk-gu, Gwangju, Korea |
|
Tel |
+82-62-523-5808 |
|
Fax |
|
|
Other Address-Daejeon Sales
Office |
624-1, Guam-dong, Yusung-gu, Daejeon, Korea |
|
Tel |
+82-42-825-3090 |
|
Fax |
|
|
Other Address-Daegu Sales Office |
9-10, Dongmun-dong, Jung-gu, Daegu, Korea |
|
Tel |
+82-53-420-2800 |
|
Fax |
|
|
Other Address-Chungnam Sales
Office |
624-1, Guam-dong, Yusung-gu, Daejeon, Korea |
|
Tel |
+82-42-825-3090 |
|
Fax |
|
|
Other Address-Gyungsang Sales
Office |
123, Wongyo-ri, Hyunpoong-myun,
Dalsung.gun, Daegu, Korea |
|
Tel |
+82-53-611-4870~71 |
|
Fax |
|
|
Other Address-Jeolla Sales Office |
254-11, Songhwa-dong, Nam-gu, Gwangju, Korea |
|
Tel |
+82-62-674-0941 |
|
Fax |
|
|
Other Address-Chungju Sales
Office |
Cheongju Tower 604, 1695, Yongam-dong, Sangdang-gu, Cheongju, Korea |
|
Tel |
+82-43-298-3642 |
|
Fax |
|
|
Other Address-Gyunggi & Gwangwon Sales Office |
200, Dangjeong-dong, Gunpo, Gyunggido,
Korea |
|
Tel |
+82-31-450-3485 |
|
Fax |
|
|
Type |
Export/Import |
|
Industry |
Manufacture of Other Insulated Wire and Cable |
|
Main Business |
Data Cable, Power Cable, Energy Cable, Enameled Wire, Fiber Optical
Attenuator, Optical Fiber Distribution Frame, Optical Fiber Adaptor, Fiber
Optical Connector |
|
Sub
Business |
|
|
Established (mm/dd/yyyy) |
07/02/2008 |
The Subject owns
the premises of registered HQ address, Anyang Factory, Gumi Factory and Indong Factory.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Electrical wire(26121500) |
|
Sell |
Electrical cable and accessories(26121600) |
|
Sell |
Connecting leads or wires(39121435) |
|
Sell |
Coaxial cable(26121606) |
|
Sell |
Insulated or covered wire(26121524) |
|
Sell |
Electrical cable and accessories(26121600) |
|
Sell |
Network cable(26121609) |
|
Sell |
Fiber optic cable(26121607) |
|
Sell |
Air circulators(40101602) |
|
Name |
Yoon Jae-In |
|
Address |
Suite H-401, 79, Gukjegeumyung-ro, Yeongdeungpo-gu,
Seoul, Korea |
|
Date of Birth |
06/25/1960 |
|
Title |
Vice President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
93,751,985,000 |
||||||||||||
|
Employees |
2,139 |
||||||||||||
|
Formation |
Co., Ltd by shares A Company of LS Business Group |
||||||||||||
|
Bank Details |
S.C. First Bank of Korea- Myeong-Dong
Branch Address: 2F COSMOS, 83-5, MYEONGDONG 2-GA,
JUNG-GU, SEOUL 100-022 KOREA Tel: 82-2-777-0411 Fax 82-2-775-2470 |
||||||||||||
|
Corporate Registered No. |
134111-0168357 |
||||||||||||
|
Business Registered No. |
138-81-47634 |
||||||||||||
|
Permit & Licenses |
Int’l Trade No.: 942388 |
||||||||||||
|
Shareholder Position |
|
||||||||||||
|
Company History |
05/1962
Established Korea Cable Industry Co., Ltd. 04/1966
Completion of construction of Anyang Plant 09/1966 The company merged into GoldStar
Co. 01/1969
Incorporated as Goldstar Cable Ltd. 02/1971
Agrees to joint investment with Hitachi Cable 05/1978
Completion of construction of Gumi Plant of Goldstar Cable 08/1983 XLPE
154kV super-high pressure CV power cables 11/1983
Acquires Gunpo Plant of Korea Heavy Industries 05/1986
Enters electronic connector business 02/1992
Manufacture of 345kV OF cables for the first time in Korea 06/1997
Completes the construction of LG-VINA Cable, a joint plant in Vietnam 07/1999
Manufacture of world’s first 450km optical pre-form 11/2003
Separated from LG Group 03/2005
Change of company name to LS Cable 09/2005
Completion of construction of LS Industry Complex in Wuxi, China 07/2006
Completion of Jeonju Plant, Korea 11/2006
Starts construction a second cable company in Ho Chi Minh, Vietnam 12/2007
Established No. 2 cable factory in Ho Chi Minh, Vietnam 07/2008
Moved head office to LS Tower, Anyang City 07/02/2008 Separated three companies, (1) LS
CORP.(110111-0003965) with Investment Business, (2) LS MTRON
LTD.(134111-0168349) with Machinery Manufacturing Business, and (3) the
Subject Company, LS CABLE LTD., with Cable Manufacturing Business 08/04/2008 Acquired Superior Essex-USA 07/01/2008 Moved to the present HQ address from
19-21FL. Asem Tower, 159-1 Samseong-Dong, Gangnam-Gu, Seoul, Korea 07/09/2009 Agreed to supply QPS System and Soft
Switches to Sinatel Company Limited(IRAQ) 2010 Changed English company name to LS CABLE
& SYSTEM LTD., from LS CABLE LTD., without changing Korean company name 10/21/2013 Split off Real Estate Development Business and Cyprus Overseas Investment, and established LS I&D LTD.(134111-0375209) 11/06/2014
Increased capital to 93,751,985,000 KRW
from 71,516,520,000 KRW |
||||||||||||
|
|
|
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education/Career |
|
Chairman |
Mr. |
Koo Cha-Yop |
Korean |
12/30/1950 |
Myungji University, Korea |
|
Vice President & CEO |
Mr. |
Yoon Jae-In |
Korean |
06/25/1960 |
LS Cable |
|
Vice President & CEO |
Mr. |
Myung Noh-Hyun |
Korean |
07/30/1961 |
LS Cable |
|
Auditor |
Mr. |
Koo Ja-Yun |
Korean |
02/07/1951 |
Graduated School of ENSIEG |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
(*)2014 |
3,425,100,000,000 |
2,603,413,000,000 |
5,618,000,000 |
|
(*)2013 |
3,485,938,000,000 |
2,565,291,000,000 |
23,549,000,000 |
|
(*)2012 |
3,994,923,000,000 |
3,548,498,000,000 |
23,306,000,000 |
|
(*)2011 |
4,798,297,000,000 |
3,698,485,000,000 |
-65,415,000,000 |
|
(*)2010 |
3,868,365,000,000 |
3,352,395,000,000 |
63,991,000,000 |
|
2009 |
3,106,494,000,000 |
3,165,241,000,000 |
72,619,000,000 |
|
2008 |
1,477,274,000,000 |
3,116,295,000,000 |
(-)153,094,000,000 |
|
2007 |
3,164,411,000,000 |
3,192,166,000,000 |
183,962,000,000 |
|
2006 |
2,907,683,000,000 |
2,826,355,000,000 |
215,307,000,000 |
|
2005 |
2,479,976,000,000 |
2,467,421,000,000 |
112,198,000,000 |
|
2004 |
2,428,695,771,000 |
2,259,857,535,000 |
117,829,514,000 |
|
2003 |
1,939,661,763,000 |
1,892,117,461,000 |
58,330,416,000 |
(*)Figures are based
on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
350,000,000,000 |
|
Paid-Up Capital(KRW) |
93,751,985,000 |
|
Total Issued Shares |
18,750,397 |
|
Balance Sheet |
|||
|
Unit : Million Korean Won |
As of 12/31/2014 |
As of 12/31/2013 |
As of 12/31/2012 |
|
Total
Assets |
2,603,413 |
2,565,291 |
3,548,498 |
|
Current Assets |
1,587,644 |
1,497,410 |
1,567,210 |
|
Cash
& Cash Equivalents |
175,814 |
200,368 |
175,996 |
|
Current
Financial Instruments |
19,365 |
19,333 |
55,572 |
|
Trade
Receivables |
742,612 |
702,108 |
776,073 |
|
Other
Receivables |
30,898 |
27,291 |
33,627 |
|
Derivatives |
5,494 |
13,384 |
19,580 |
|
Confirmed
Agreement |
33,822 |
14,511 |
5,351 |
|
Inventories |
248,184 |
260,564 |
264,466 |
|
Other
Current Assets |
331,455 |
259,851 |
236,545 |
|
Non-Current
Assets to be Sold |
9,219 |
- |
545,660 |
|
Non-Current Assets |
1,006,550 |
1,067,881 |
1,435,628 |
|
Tangibles |
539,370 |
570,516 |
538,502 |
|
Intangibles |
34,402 |
39,605 |
41,447 |
|
Investment_Real
Estates |
8,828 |
9,026 |
21,903 |
|
Non-Current
Financial Instruments |
21 |
21 |
21 |
|
Long-Term Trade Receivables |
63,441 |
74,535 |
47,161 |
|
Other Long-Term Receivables |
25,385 |
26,058 |
25,781 |
|
Marketable
Financial Instruments |
4,902 |
5,080 |
5,093 |
|
Derivatives |
- |
139 |
17,745 |
|
Confirmed
Agreement |
1,838 |
689 |
801 |
|
Investment_Subsidiaries |
311,213 |
341,014 |
735,495 |
|
Deferred
Income Tax Assets |
16,425 |
- |
- |
|
Other
Non-Current Assets |
725 |
1,198 |
1,679 |
|
Total Liabilities |
1,916,183 |
2,035,506 |
2,748,555 |
|
Current Liabilities |
1,321,729 |
1,561,842 |
1,576,663 |
|
Trade Payables |
518,622 |
529,404 |
614,916 |
|
Short-Term
Borrowings |
368,867 |
594,426 |
635,970 |
|
Derivatives |
32,298 |
15,631 |
12,179 |
|
Confirmed
Salaries |
1,882 |
8,840 |
13,490 |
|
Other Payables |
157,313 |
125,070 |
135,703 |
|
Deferred
Income Tax Credit |
21,109 |
19,259 |
4,472 |
|
Other
Current Liabilities |
221,638 |
269,212 |
159,933 |
|
Non-Current Liabilities |
594,454 |
473,664 |
1,171,892 |
|
Long-Term
Borrowings |
562,672 |
436,214 |
1,108,096 |
|
Derivatives |
1,838 |
1,118 |
1,582 |
|
Confirmed
Salaries |
- |
61 |
3,126 |
|
Other Long-Term Payables |
2,709 |
5,519 |
3,119 |
|
Confirmed
Salaries |
12,635 |
11,540 |
9,651 |
|
Deferred
Income Tax Credit |
- |
1,147 |
29,218 |
|
Provisions |
14,600 |
18,065 |
17,100 |
|
Capital Stock |
93,752 |
71,517 |
115,000 |
|
Capital
Surplus |
542,579 |
409,321 |
655,916 |
|
Installments |
739 |
707 |
461 |
|
Others |
-110 |
-110 |
- |
|
Profit
Surplus |
50,270 |
48,350 |
28,566 |
|
Total
Equity |
687,230 |
529,785 |
799,943 |
|
Liab.
& Shareholder’s Equity |
2,603,413 |
2,565,291 |
3,548,498 |
|
Income Statement |
|||
|
Unit : Million Korean Won |
As of 12/31/2014 |
As of 12/31/2013 |
As of 12/31/2012 |
|
Sales |
3,425,100 |
3,485,938 |
3,994,923 |
|
Cost
of Sold Goods |
3,126,031 |
3,157,034 |
3,682,582 |
|
Gross
Profit |
299,069 |
328,904 |
312,341 |
|
Selling
& Admin. Expenses |
207,443 |
187,643 |
224,205 |
|
Operating
Income |
91,626 |
141,261 |
88,135 |
|
Other
Income |
198,451 |
179,478 |
194,538 |
|
Other
Expenses |
181,287 |
161,283 |
157,993 |
|
Finance
Income |
15,506 |
16,784 |
17,261 |
|
Finance
Expenses |
35,160 |
77,388 |
93,316 |
|
Non-Operating
Income |
-46,830 |
-54,035 |
1,276 |
|
Income
Before Taxes |
42,306 |
44,817 |
49,901 |
|
Income
Taxes Expenses |
24,986 |
10,529 |
10,311 |
|
Income
from Continuous Business |
17,320 |
34,288 |
39,589 |
|
Income
from Stopped Business |
-11,702 |
-10,739 |
-16,284 |
|
Net
Income |
5,618 |
23,549 |
23,306 |
|
Cash Flows |
|||
|
Unit : Million Korean Won |
As of 12/31/2014 |
As of 12/31/2013 |
As of 12/31/2012 |
|
Operating Activities Cash Flows |
-35,912 |
209,958 |
92,387 |
|
Cash
Flows from Operating |
34,687 |
288,437 |
174,488 |
|
Interests
Received |
3,453 |
6,482 |
6,150 |
|
Dividends
Received |
7,423 |
7,336 |
5,679 |
|
Interests
Paid |
-41,708 |
-85,935 |
-91,158 |
|
Income
Taxes |
-39,767 |
-6,362 |
-2,772 |
|
Cash
Flows from Investing |
-27,986 |
-44,273 |
239,212 |
|
Cash
Flows from Financing |
39,501 |
-141,437 |
-183,813 |
|
Increase/Decrease
in Cash |
-24,397 |
24,248 |
147,786 |
|
Cash
at the Beginning of Year |
200,368 |
175,996 |
28,490 |
|
Cash
at the End of Year |
175,814 |
200,368 |
175,996 |
|
Main Products & Services |
Cables & Wires Fiber Optics -Optical Components -Optical Fiber -Optical Fiber Cable Data Cables -Coaxial Cable -LAN Cable Energy Cables -EHV High Voltage Cable -Medium / Low Voltage Cable -Over Head Transmission Line Shipboard & Offshore Cable Control & Electronics -Automotive Wire -Control Instrument Cable -Electronic Wire Enameled Wires -LITZ -Multiple Coated -Single Coated |
|
Detailed Products Spec. |
|
|
Technologies Acquired |
|
|
Suppliers |
LS GLOBAL INC.(110111-3359985) 1026-6, HOGYE 1-DONG, DONGAN-GU, ANYANG-SI,
GYEONGGI-DO, KOREA TEL:+82-2-2189-9156 FAX:+82-2-2189-9159 INDUSTRY: WHOLESALE OF METAL ORES LG INTERNATIONAL CORP(110111-0004632) 12TH FL., LG TWIN TOWER EAST ANNEX, 20,
YEOUIDO-DONG, YEONGDEUNGPO-GU, SEOUL, KOREA TEL:+82-2-3773-5114 FAX:+82-2-3773-5273 INDUSTRY: WHOLESALE OF NON-SPECIALIZED GOODS POSCO 1, GOEDONG-DONG, NAM-GU, POHANG-SI,
GYEONGBUK-DO 790-704 KOREA TEL: +82-54-220-0114 FAX: +82-54-220-6000 INDUSTRY: MANUFACTURE OF BASIC IRON AND
STEEL CHANGWON SPECIALTY STEEL CO., LTD. 65, SINCHON-DONG, CHANGWON-SI, GYEONGNAM-DO
641-370 KOREA TEL: +82-55-269-6114 FAX: +82-55-269-6900 INDUSTRY: MANUFACTURE OF STEEL WIRE ATEC ENGINEERING CO., LTD. 276-7, GAGOK-RI, JINWI-MYEON,
PYEONGTAEK-SI, GYEONGGI-DO 451-861 KOREA TEL: +82-31-660-9570 FAX: +82-31-660-9556 INDUSTRY: MANUFACTURE OF PRINTED CIRCUIT
BOARDS SUNGWOO TECHRON CO., LTD. 61-10, PALYONG-DONG, CHANGWON-SI,
GYEONGNAM-DO 641-847 KOREA TEL: +82-55-297-6511 FAX: +82-55-297-6510 INDUSTRY: MANUFACTURE OF OTHER ELECTRONIC
VALVES, TUBES AND ELECTRONIC COMPONENTS N.E.C. KOREA PLASMA TECHNOLOGY CO., LTD. 607B-25L, BANWOL INDUSTRIAL COMPLEX,
637-11, SEONGGOK-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO 425-833 KOREA TEL: +82-31-491-5695 FAX: +82-31-491-5698 INDUSTRY: METAL HEATING SERVICES TAE RYUK RUBBER BELT CO., LTD. 40-56, DAEHWA-DONG, DAEDEOK-GU, DAEJEON
307-802 KOREA TEL: +82-42-621-8983 FAX: +82-42-623-6015 INDUSTRY: MANUFACTURE OF INDUSTRIAL
UN-VULCANIZED RUBBER PRODUCTS |
|
Customers |
KOREA
ELECTRIC POWER CORPORATION(114671-0001456) KOREA
ELECTRIC POWER BLDG., 167, SAMSEONG 1-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-3456-3114 FAX:+82-2-3456-4049 INDUSTRY:
POWER TRANSMISSION SERVICES, POWER DISTRIBUTION SERVICES KT
CORPORATION(110111-1468754) 206,
JEONGJA-DONG, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA TEL:+82-31-727-0114 FAX:+82-31-750-3543 INDUSTRY:
TRUNK CALL, HIGH SPEED INTERNET SERVICES, INTERNATIONAL TELEPHONE CALL LG
ELECTRONICS INC. LG TWIN TOWER,
20, YEOEUIDO-DONG, YEONGDEUNGPO-GU, SEOUL 150-721 KOREA TEL:
+82-2-3777-1114 FAX: +82-2-3777-5338 INDUSTRY:
MANUFACTURE OF OTHER DOMESTIC ELECTRIC APPLIANCES TRIGEM
COMPUTER INC. 1055,
SINGIL-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO 425-839 KOREA TEL:
+82-31-489-3001 FAX: +82-31-489-3333 INDUSTRY:
MANUFACTURE OF COMPUTER KOREA
ELECTRIC POWER CORPORATION 167, SAMSUNG
1-DONG, GANGNAM-GU, SEOUL 135-882 KOREA TEL:
+82-2-3456-3114 FAX: +82-2-3456-4049 INDUSTRY:
ELECTRIC POWER GENERATION HYNIX
SEMICONDUCTOR INC. SAN 136-1,
AMI-RI, BUBAL-EUP, ICHEON-SI, GYEONGGI-DO 467-866 KOREA TEL:
+82-31-630-4114 FAX: +82-31-630-4103 INDUSTRY:
MANUFACTURE OF DIODES, TRANSISTORS AND SIMILAR SEMI-CONDUCTOR DEVICES |
|
Competitors |
TAIHAN ELECTRIC
WIRE CO.,LTD(110111-0035835) 113-119,
SIHEUNG 1-DONG, GEUMCHEON-GU, SEOUL 153-839 KOREA TEL:
+82-2-890-9114 FAX: +82-2-892-9387 GAON CABLE
CO.,LTD.(134111-0000567) 166,
GEUMJEONG-DONG, GUNPO-SI, GYEONGGI-DO, KOREA TEL:+82-31-459-6222 FAX:+82-31-454-1916 ILJIN
ELECTRIC CO.,LTD.(134811-0159279) 112-83,
ANNYEONG-DONG, HWASEONG-SI, GYEONGGI-DO, KOREA TEL:+82-31-220-0500 FAX:+82-31-220-0789 KUKDONG
ELECTRIC WIRE CO.,LTD.(115211-0000609) 370-95,
YONGJEONG-RI, CHOPYEONG-MYEON, JINCHEON-GUN, CHUNGBUK-DO 365-863 KOREA TEL:
+82-43-530-2000~1 FAX: +82-43-530-2140 |
|
Affiliates-Domestic |
LS CORP.(110111-0003965) LS INDUSTRIAL SYSTEMS CO.,
LTD.(110111-0520076) LS MTRON LTD.(134111-0168349) LS-NIKKO COPPER INC.(230111-0058436) GAON CABLE CO., LTD(134111-0000567) E1 CORPORATION(110111-0381387) YESCO CO., LTD(110111-0290778) LS NETWORKS CORPORATION
LIMITED(180111-0044717) YESCO SERVICE CO., LTD(110111-1030082) KOSPACE CO., LTD.(134411-0012243) CARBONIX, INC(171711-0036242) E&R INC.(164411-0005052) DAEHAN GM CORPORATION(110111-0613045) CASCO CO.,LTD(210111-0047938) LS ASSET MANAGEMENT CO.,
LTD.(110111-1896137) E1 CONTAINER TERMINAL CO.,
LTD.(120111-0432039) E1 LOGISTICS CORPORATION(124611-0257243) KJ MOTORRAD(110111-3740499) DONGBANG CITY GAS INDUSTRY CO.,
LTD.(141111-0011979) GRM CO., LTD(154611-0008012) OD CAMP CO., LTD.(110111-2839417) |
|
|
|
|
Subsidiary |
LS GLOBAL INCORPORATED.,
LTD.(110111-3359985) (51.0% HELD BY THE SUBJECT COMPANY) POUNTEK LTD.(151111-0022867) (51.0% HELD BY THE SUBJECT COMPANY) GLOBAL CABLE INC.(130111-0008797) (98.23% HELD BY THE SUBJECT COMPANY) ALUTEK LTD.(110111-1479909) (100.0% HELD BY THE SUBJECT COMPANY) JS CABLE CO., LTD(124311-0004327) (78.70% HELD BY THE SUBJECT COMPANY) |
|
Subsidiary |
CYPRUS
INVESTMENTS, INC. 6120 POWERS
FERRY ROAD NW SUITE 150 ATLANTA, GA 30339 LS-VINA SOUTH OF
BINH BRIDGE STR. SO DAU PRECINCT,HONG BANG DISTRICT, HAIPHONG CITY, VIETNAM LS
CABLE(HUBEI) CO., LTD. NO.1
TANJIAHE ROAD, DIANJUN REGION, YICHANG, HUBEI, CHINA LS
CABLE(WUXI) CO., LTD. LS
INDUSTRIAL PARK, XIN MEI ROAD, NATIONAL HIGH-TECH INDUSTRIAL DEVELOPMENT
ZONE, WUXI, 214028, CHINA LS CABLE
INDIA PVT LTD. 101, FIRST FLOOR,
PARK CENTRA, SECTOR-30, GURGAON - 122 002, HARYANA INDIA NEW DELHI LS CABLE
VIETNAM CO. LTD. NHON TRACH Ⅱ-LOCKHANG IZ, NHON TRACH DISTRICT, DONG NAI PROVINCE, VIETNAM LS
CABLE(TIANJIN) CO., LTD. EAST OF
JING-JIN EXPRESS,YIXINGBU ENTRANCE,BEICHIEN, TIANJIN, CHINA LS CABLE
MALAYSIA LOT 1192,
MUKIM 14, PERMATANG TINGGI, 1400 BUKIT MERTAJAM, PENANG, MALAYSIA LS CABLE
AMERICA INC. 920 SYLVAN
AVENUE, ENGLEWOOD CLIFFS,NJ 07670, U.S.A. LS INT'L
TRADE (SHANGHAI) CO., LTD. 31ST FLOOR,
GREAT WALL BUILDING, NO. 3000 NORTH ZHONGSHAN ROAD, SHANGHAI, 200063, CHINA LS CABLE UK
LTD. ROOM
319,BUILDING 3,CHISWICK BUSINESS PARK566, CHISWICK HIGH ROAD, LONDON, W45YA,
U.K LS CABLE
JAPAN LTD. HIGASHI-KAN
16F, AKASAKA TWIN TOWER 17-22, 2-CHOME AKASAKA, MINATO-KU, JAPAN |
|
Corporate Ownership |
|
|
Major Shareholders |
|
|
Cooperative Enterprise |
-Insured Company LIG INSURANCE CO., LTD.(110111-0017859) -Technical Support from FURUKAWA ELECTRIC CO., LTD. |
|
Sales/ Unit :Mil
KRW |
2011 |
2010 |
2009 |
|
Export |
17,158 |
16,402 |
|
|
Domestic |
30,825 |
22,282 |
|
|
Total |
47,983 |
38,684 |
|
The Subject exports
to USA, UK, Middle East, China, India, Thailand and Vietnam.
There are 13 cases filed as Plaintiff(s)/ Creditor(s)/ Applicant(s)
amounting 12,771,000,000 KRW and 4 cases filed as Defendant(s)/ Debtor(s)/
Respondent(s) amounting 1,709,000,000 KRW and EUR 11,000,000 as of 12/31/2014.
---------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.40 |
|
|
1 |
Rs.95.42 |
|
Euro |
1 |
Rs.68.49 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.