|
Report No. : |
324543 |
|
Report Date : |
28.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
LG MMA CORPORATION |
|
|
|
|
Registered Office : |
58, Yeosusandan 4-ro, Yeosu-si, Jeollanam-do 555-805 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
28.03.1991 |
|
|
|
|
Com. Reg. No.: |
417-81-05600 |
|
|
|
|
Legal Form : |
Co., Ltd by
shares |
|
|
|
|
Line of Business : |
Manufacture of Synthetic Resin and Other Plastic Materials |
|
|
|
|
No of Employees : |
260 |
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 : |
Clear |
NOTES :
Any query related to this report can be made on
e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 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 Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 |
Basic
|
Company Name |
LG MMA CORPORATION (Korean Company Name : “LG엠엠에이(주)”) |
|
Registered Address |
58, Yeosusandan 4-ro, Yeosu-si,
Jeollanam-do, Korea (Old Address System : 759, Jungheung-dong, Yeosu-si, Jeollanam-do,
Korea) |
|
Building |
|
|
Zip Code |
555-805 |
|
Tel |
+82-61-688-2500 |
|
Fax |
+82-61-688-2565 |
|
E-mail |
lgmma@lgmma.com |
|
Website |
www.lgmma.com |
|
Trading
Address |
27FL., ONE IFC, 10, Gukjegeumyung-ro, Yeongdeungpo-gu, Seoul, Korea |
|
Tel |
+82-2-6930-3800 |
|
Fax |
+82-2-3770-1209 |
|
Other
Address-PMMA 1 Plant |
70-1, Hwachi-dong, Yeosu-si, Jeollanam-do, Korea |
|
Tel |
+82-1-680-1721 |
|
Fax |
+82-61-680-6034 |
|
Other
Address-PMMA 2 Plant |
762-5,
Jungheung-dong, Yeosu, Jollanam-do, Korea |
|
Tel |
+82-61-690-3952 |
|
Fax |
+82-61-690-3988 |
|
Other
Address-MMA 2 Plant |
762-4,
Jungheung-dong, Yeosu-si, Jeollanam-do, Korea |
|
Tel |
+82-61-690-3931 |
|
Fax |
+82-61-690-3949 |
|
Other
Address-R&D Center |
104-1,
Munji-dong, Yuseong-gu, Daejeon, Korea |
|
Tel |
+82-42-866-5828 |
|
Fax |
+82-42-866-5799 |
|
Type |
Export/Import |
|
Industry |
Manufacture
of Synthetic Resin and Other Plastic Materials |
|
Main Business |
Methyl
Methacrylate, Poly Methylmethacrylate, Methacrylic Acid |
|
Sub
Business |
Wholesale
of Industrial Basic Chemicals |
|
Established (mm/dd/yyyy) |
03/28/1991 |
The Subject owns
the premises of Registered Address/ MMA 1 Plant and
MMA 2 Plant.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Acrylic resins(13111064) |
|
Sell |
Polymethylacrylate(13111053) |
|
Sell |
Chemistry reagents or solutions(41116105) |
|
Sell |
Resins(13111000) |
CEO’s
|
Name |
Na Sang-Up |
|
Address |
Suite 106-401, 37, Mokdongjungangseo-ro,
Yangcheon-gu, Seoul, Korea |
|
Date of Birth |
03/07/1958 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
24,000,000,000 |
|||||||||||||||
|
Employees |
260 |
|||||||||||||||
|
Formation |
Co., Ltd by shares A Company of LG Business Group Foreign
Direct Investment Corporation by Japan |
|||||||||||||||
|
Bank Details |
Shinhan Bank-Yoido Nam Branch Korea Development Bank |
|||||||||||||||
|
Corporate Registered No. |
206211-0001805 |
|||||||||||||||
|
Business Registered No. |
417-81-05600 |
|||||||||||||||
|
Permit & Licenses |
12/27/2004 ISO 9001 10/12/2005 ISO 14001 10/29/2007 ISO 9001 2003 Acquired ISO/TS 16946 certification 1998 Won a certificate for an accident-free
record 1998 Became the certified first-class firm
in the safety and health control 1996 Acquired ISO 14001 Certificate 1995 Acquired ISO 9002 Certificate UL :Product safety testing and certification
system of the United States to ensure safety of products and protect
consumers. Products with UL mark can be sold in all over the America, and can
enter the US federal government procurement market as well. UL mark is
mandatory for a plastic resin applied to electric and electronic packing
material, and proper resin needs to be selected in manufacturing the product. JHPC :Certification of Japan High Polymer
Center RoHS :Restriction of Hazardous Substances
defined by European Union (EU), restricting the use of products containing
non-environmental friendly substances like cadmium, lead, mercury, hexavalent
chromium, and the brominated flame retardants PBBs/PBDEs. AMECA :Standard for automotive parts
material, released by AMECA (Automotive Manufacturers Equipment Compliance
Agency). Click LG MMA in the table of contents to see the certified products
and colors. MSDS :Data prepared by the company
producing, importing, or dealing with chemical substance, based on the hazard
assessment of the substance. It provides the employees and end users with the
necessary information to safely handle chemical substance to prevent
industrial accidents or occupational diseases caused by chemical substances.
MSDS should be delivered to the user when selling or transferring chemical
substance. CSDS (Chemical Safety Data Sheets), ICSC (International Chemical
Safety Cards), SDS (Safety Data Sheets) are alternate terms used to refer to
the same data. Int’l Trade No.: 124269 |
|||||||||||||||
|
Shareholder Position |
|
|||||||||||||||
|
Company History |
03/28/1991 Incorporated
as LUCKY MMA CORP.(a Joint-Venture with LG Chem CO., Ltd., Korea, and
Sumitomo Chemical Co., Ltd., Japan.) 12/31/1998
Acquired PMMA Business from LG CHEM LTD.(110111-2207995) 04/16/2012 Moved to the present trading
address from 12th Fl., Yuhwa Securities Bldg., 23-7, Yeoeuido-dong,
Yeongdeungpo-gu, Seoul, Korea |
|||||||||||||||
|
|
|
Management
|
Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Date |
|
Co-President
& CEO |
Mr. |
Na Sang-Up |
Male |
Korean |
01/02/2014 |
|
Co-President
& CEO |
Mr. |
Yamada Kohichiro |
Male |
Japanese |
03/21/2013 |
|
Director |
Mr. |
Park Jin-Soo |
Male |
Korean |
03/22/2012 |
|
Director |
Mr. |
Sakuma Kazhiro |
Male |
Japanese |
06/07/2010 |
|
Director |
Mr. |
You Ji-Young |
Male |
Korean |
03/24/2011 |
|
Director |
Mr. |
Mastuwura Hidaeaki |
Male |
Japanese |
04/01/2014 |
|
Director |
Mr. |
Jung Tae-Kyun |
Male |
Korean |
01/01/2015 |
|
Director |
Mr. |
Hisasi Sibayama |
Male |
Japanese |
04/01/2015 |
|
Auditor |
Mr. |
Kang
In-Sik |
Male |
Korean |
01/02/2014 |
|
Auditor |
Mr. |
Takasi Kobayashi |
Male |
Japanese |
04/01/2015 |
Financials
|
Year / Unit
: KRW |
Sales |
Assets |
Net Income |
|
491,185,557,166 |
457,675,716,741 |
19,002,296,821 |
|
|
2013 |
524,445,437,215 |
485,687,203,989 |
19,145,386,689 |
|
2012 |
587,248,797,405 |
482,295,772,479 |
45,654,453,796 |
|
2011 |
638,420,801,122 |
555,700,104,956 |
119,227,173,783 |
|
2010 |
562,733,359,475 |
523,081,727,196 |
98,853,225,581 |
|
2009 |
461,342,873,337 |
502,790,052,605 |
55,097,544,357 |
|
2008 |
409,265,991,274 |
526,674,927,511 |
30,192,209,832 |
|
2007 |
326,463,195,624 |
457,737,104,391 |
33,996,100,837 |
|
2006 |
287,451,748,276 |
301,857,650,945 |
27,947,359,124 |
|
2005 |
269,608,331,403 |
270,478,758,222 |
45,385,171,955 |
|
2004 |
223,544,912,665 |
243,659,444,214 |
39,799,167,163 |
|
2003 |
192,878,098,749 |
218,047,327,087 |
27,600,147,954 |
Financial
Description
|
Authorized Capital(KRW) |
24,000,000,000 |
|
Paid-Up Capital(KRW) |
24,000,000,000 |
|
Total Issues Shares |
2,400,000 |
Balance
Sheet
|
|||
|
Unit : Korean Won |
As of
12/31/2014 |
As of
12/31/2013 |
As of
12/31/2012 |
|
Total
Assets |
457,675,716,741 |
485,687,203,989 |
482,295,772,479 |
|
Current Assets |
259,632,422,058 |
264,484,738,427 |
232,942,595,546 |
|
Cash
& Cash Equivalents |
63,039,111,771 |
92,045,649,173 |
57,339,338,181 |
|
Trade
Receivables |
54,700,986,856 |
62,604,735,320 |
61,234,254,876 |
|
Other
Receivables |
61,825,246,361 |
1,287,504,355 |
|
|
Other
Current Assets |
6,709,132,572 |
8,294,224,515 |
9,473,810,423 |
|
Inventories |
73,357,944,498 |
100,252,625,064 |
104,895,192,066 |
|
Non-Current Assets |
198,043,294,683 |
221,202,465,562 |
249,353,176,933 |
|
Long-Term
Trade Receivables & Other Long-Term Receivables |
7,725,223,033 |
6,934,506,579 |
6,673,584,640 |
|
Deferred
Income Tax Assets |
3,027,318,708 |
2,569,303,262 |
2,052,909,656 |
|
Tangibles |
184,797,863,081 |
209,636,991,153 |
238,471,469,533 |
|
Intangibles |
2,492,889,861 |
2,061,664,568 |
2,155,213,104 |
|
Total Liabilities |
64,694,844,066 |
70,961,610,229 |
56,396,088,374 |
|
Current Liabilities |
60,808,805,364 |
69,482,588,342 |
55,082,482,355 |
|
Trade
Payables |
26,923,207,495 |
34,151,413,768 |
39,534,497,431 |
|
Other Payables |
17,750,418,837 |
12,301,678,866 |
|
|
Short-Term
Borrowings |
13,057,188,697 |
20,018,403,337 |
10,047,679,435 |
|
Deferred
Income Tax Credit |
2,094,594,698 |
1,855,262,004 |
4,904,506,211 |
|
Other
Current Liabilities |
983,395,637 |
1,155,830,367 |
595,799,278 |
|
Non-Current Liabilities |
3,886,038,702 |
1,479,021,887 |
1,313,606,019 |
|
Confirmed
Salaries |
2,198,493,361 |
1,479,021,887 |
1,313,606,019 |
|
Other
Non-Current Liabilities |
1,687,545,341 |
- |
|
|
Capital Stock |
24,000,000,000 |
24,000,000,000 |
24,000,000,000 |
|
Capital
Surplus |
29,041,064,441 |
29,041,064,441 |
29,041,064,441 |
|
Profit
Surplus |
339,939,808,234 |
361,684,529,319 |
372,858,619,664 |
|
Total
Equity |
392,980,872,675 |
414,725,593,760 |
425,899,684,105 |
|
Liab.
& Shareholder’s Equity |
457,675,716,741 |
485,687,203,989 |
482,295,772,479 |
Income
Statement
|
|||
|
Unit : Korean Won |
As of
12/31/2014 |
As of
12/31/2013 |
As of
12/31/2012 |
|
Sales |
491,185,557,166 |
524,445,437,215 |
587,248,797,405 |
|
Cost
of Sold Goods |
443,365,357,892 |
475,607,339,846 |
507,402,936,254 |
|
Gross
Profit |
47,820,199,274 |
48,838,097,369 |
79,845,861,151 |
|
Selling
& Admin. Expenses |
25,644,458,768 |
22,822,545,848 |
21,778,072,542 |
|
Operating
Income |
22,175,740,506 |
26,015,551,521 |
58,067,788,609 |
|
Non-Operating
Profits |
1,262,122,270 |
340,389,536 |
342,331,688 |
|
Other Income |
4,075,904,604 |
3,617,602,049 |
3,769,846,399 |
|
Other Expenses |
5,017,154,599 |
5,134,603,888 |
4,445,220,352 |
|
Finance
Income |
2,540,767,823 |
1,611,457,673 |
1,854,168,029 |
|
Finance
Expenses |
337,395,558 |
434,845,370 |
836,462,388 |
|
Income
Before Taxes |
23,437,862,776 |
25,675,161,985 |
58,410,120,297 |
|
Income
Taxes Expenses |
4,435,565,955 |
6,529,775,296 |
12,755,666,501 |
|
Net
Income |
19,002,296,821 |
19,145,386,689 |
45,654,453,796 |
Cash Flows
|
|||
|
Unit : Korean Won |
As of
12/31/2014 |
As of
12/31/2013 |
As of
12/31/2012 |
|
Operating
Activities Cash Flows |
86,858,337,035 |
63,241,762,322 |
64,512,507,230 |
|
Cash Flows from Operating |
88,815,711,577 |
71,929,089,056 |
93,839,061,811 |
|
Interests Received |
2,081,621,711 |
1,458,666,510 |
1,802,780,040 |
|
Interests Paid |
-134,059,318 |
-152,576,760 |
-301,430,751 |
|
Income Taxes |
-3,904,936,935 |
-9,993,416,484 |
-30,827,903,870 |
|
Cash
Flows from Investing |
-70,391,545,743 |
-8,506,175,232 |
-20,312,689,790 |
|
Cash Inflow from Investing |
1,536,470,366 |
1,724,189,594 |
64,698,600 |
|
Cash Outflows for Investing |
-71,928,016,109 |
-10,230,364,826 |
-20,377,388,390 |
|
Cash
Flows from Financing |
-45,473,328,694 |
-20,029,276,098 |
-66,664,965,013 |
|
Cash Inflows from Financing |
- |
9,970,723,902 |
10,191,434,468 |
|
Cash Outflows from Financing |
-45,473,328,694 |
-30,000,000,000 |
-76,856,399,481 |
|
Increase/Decrease
in Cash |
-29,006,537,402 |
34,706,310,992 |
-22,465,147,573 |
|
Cash at
the Beginning of Year |
92,045,649,173 |
57,339,338,181 |
79,804,485,754 |
|
Cash at
the End of Year |
63,039,111,771 |
92,045,649,173 |
57,339,338,181 |
|
Main Products & Services |
METHYL METHACRYLATE(MMA) POLY METHYLMETHACRYLATE(PMMA) METHACRYLIC ACID(MAA) MMA Subject company produced MMA for the first time
in Korea in 1993. MMA is widely used in various industries as a raw material
for transparent plastic resins such as PMMA, optical fiber materials, paints
and adhesives. PMMA MMA is used for the automotive industry,
components of electric and electronic products, and construction materials
for its excellent transparency, weatherability and colorability. Our products
are well recognized worldwide for their excellency: they meet the various
international standards, which include the flame retardant standard from UL
and CSA, the AMECA standard for automotive vehicles, and the JHPC directive
of the Ministry of Health in Japan. |
|
Detailed Products Spec. |
MMA: 100,000 M/T PMMA : 90,000 M/T |
|
Technologies Acquired |
|
|
Suppliers |
LG CHEM, LTD. LG PETROCHEM. CO., LTD. CS CALTEX CORPORATION LG CNS CO., LTD. LG INTERNATIONAL CORP. GS ENGINEERING & CONSTRUCTION CORP. SHINHAN APEX CORPORATION |
|
Customers |
LG CHEM, LTD. LG PETROCHEM. CO., LTD. LG INTERNATIONAL CORP. GS ENGINEERING & CONSTRUCTION CORP. |
|
Competitors |
|
|
Affiliates-Domestic |
LG CORP.(110111-0003543) LG ELECTRONICS INC.(110111-2487050) LG CHEM LTD.(110111-2207995) LG DACOM CORPORATION(110111-0315948) LG INTERNATIONAL CORP(110111-0004632) LG CHEM LTD.(110111-2207995) LG HOUSEHOLD & HEALTH CARE
LTD.(110111-2208000) LG LIFE SCIENCES CO., LTD.(110111-2581183) LG DISPLAY CO., LTD.(110111-0393134) LG TELECOM CO., LTD.(110111-1296676) LG INNOTEK CO., LTD.(110111-0192180) LG MICRON LTD.(175311-0001075) LG DOW POLYCARBONATE CO.,
LTD.(206211-0014519) LG CNS CO., LTD.(110111-0516695) LG SPORTS CO., LTD.(110111-0359300) LG MANAGEMENT DEVELOPMENT INSTITUTE CO.,
LTD.(110111-0423494) SILTRON INCORPORATED(175311-0001348) LG MMA CORPORATION(206211-0001805) DACOM MULTIMEDIA INTERNET
CORPORATION(110111-1905441) DACOM CROSSING CORPORATION(110111-2234683) SERVEONE(110111-2411520) LG N SYS CO., LTD.(110111-2397027) HIPLAZA CO., LTD.(131111-0028801) LG POWERCOM CORPORATION(110111-1863889) HI BUSINESS LOGISTICS CO.,LTD. V-ENS CO., LTD.(120111-0334897) LUSEM CO., LTD.(176011-0038073) CS LEADER CO., LTD.(110111-2271924) AIN TELE SERVICE CO., LTD.(180111-0367581) BIZ TECH & EKTIMO CO.,
LTD.(110111-2689507) LG SOLAR ENERGY INC.(110111-3759408) COCA-COLA BEVERAGE CO.,
LTD.(110111-1342130) UCESS PARTNERS CO., LTD.(110111-3798026) SYSTEM AIR-CON ENGINEERING
INCORPORATION(110111-3371989) JIHEUNG CO., LTD.(180111-0630053) CS ONE PARTNER CORPORATION(110111-3961756) SEETECH CO., LTD. TWIN WINE CO., LTD.(110111-3791129) KOREA COMMERCIAL VEHICLE CO.,
LTD.(200111-0105200) GIOVINE CO., LTD.(110111-3942714) PIXDIX CO., LTD.(110111-3947657) |
|
Affiliates-Overseas |
LG INNOTEK HUIZHOU CO.,LTD SERVEONE(NANJING) COMPANY LIMITED ARCELIC-LG KLIMA SANAYI VE TICARTE
A.S(LGEAT) BEIJING LG HOUSEHOLD CHEMICAL CO., LTD. CCKBC(NETHERLANDS)HOLDING Ⅰ BV CCKBC(NETHERLANDS)HOLDING Ⅱ BV COMPACT POWER INC. DACOM AMERICA INC. DE ZWARTE PONK B.V.(DZP) EIC PROPERTIES PTE.LTD. ELECTROMAGNETICA GOLDSTAR S.R.L EPC MUNAI LLP FOSCO B.V. GFTZ LG INTERNATIONAL LTD. GLOBAL PROFESSIONAL SOURCING CO., LTD GUANGZHOU NEW VISION TECHNOLOGY RESEARCH
AND DEVELOPMENT LIMITED HANGZHOU LG COSMETICS CO., LTD. HI LOGISTICS CHINA HI LOGISTICS EUROPE B.V. LANCHAO LG(YANTAI)DIGITAL MOBILE TECH&
DEVELOP.CO. INSPUR LG DIGITAL MOBILE COMMUNICATIONS
CO., LTD. LG (TIMOR SEA 06-102) LTD LG (YANTAI) INFORMATION & COMMUNICATION
TECH. LG ALINA ELECTONICS(LGERI) LG CHEM BRASIL INTERMEDICAO DE NEGOCIOS DO
SETOR QUIMICO LTDA. LG CHEM DISPLAY MATERIAL CO., LTD LG CHEM EUROPE GMBH LG CHEM INDUSTRIAL MATERIALS INC. LG CHEM POLAND SP. Z O. O. LG CHEM TAIWAN, LTD. LG CHEM(CHINA)INVESTMENT CO.,LTD. LG CHEM(NANJING) INFO & ELECTRONIC
MATERIALS CO. LTD LG CHEM(TIANJIN) ENGINEERING PLASTICS CO.,
LTD LG CHEMICAL AMERICA INC. LG CHEMICAL HONG KONG LTD. LG CHEMICAL INDIA PRIVATE LTD. LG CHEMICAL TRADING CO., LTD LG CHEMICAL(GUANGZHOU) ENGINEERING PLASTICS
CO.,LTD LG CNS AMERICA, INC LG CNS BRASIL SERVICOS DE T.I.LTDA LG CNS CHINA, INC LG CNS EUROPE B.V LG CNS GLOBAL PRIVATE LIMITED |
|
Affiliates-Overseas |
|
|
Affiliates-Overseas |
LG ELECTRONICS RUS-MARKETING, LLC LG ELECTRONICS S.A.(PTY) LTD. (LGESA) LG ELECTRONICS SINGAPORE PTE LTD LG ELECTRONICS TAIWAN TAIPEI CO., LTD. LG ELECTRONICS THAILAND CO.,LTD.(LGETH) LG ELECTRONICS TIANJIN APPLIANCES CO., LTD. LG ELECTRONICS TICARET A.S LG ELECTRONICS UKLAINE LG ELECTRONICS UNITED KINGDOM LTD. (LGEUK) LG ELECTRONICS USA INC. (LGEUS) LG ELECTRONICS VIETNAM LTD. (LGESV) LG ELECTRONICS WALES LTD. (LGEWA) LG ELECTRONICS WROCLAW SP. ZO.O LG ELECTRONICS(CHINA) RESEARCH AND
DEVELOPMENT CENTER CO., LTD LG H&H TRADING(SHANGHAI) CO.LTD. LG HOLDINGS LTD. (LGHK) LG HOUSEHOLD & HEALTH CARE AMERICA, INC LG INNOTEK MEXICALI S.A. DE C.V LG INNOTEK POLAND SP. ZO.O. LG INNOTEK USA INC. LG INNOTEK YANTAI CO., LTD LG INTERNATIONAL AMERICA INC. LG INTERNATIONAL CORP.(SINGAPORE) PTE. LTD. LG INTERNATIONAL JAPAN LTD. LG INTERNATIONAL INVESTMENT (CANADA) LTD. LG INTERNATIONAL SAUDI LLC LG INTERNATIONAL (AUSTRALIA) PT'S, LTD. LG INTERNATIONAL(DEUTCHLAND) GMBH LG INTERNATIONAL(HK) LIMITED LG INTERNATIONAL (U.K.) LTD. LG LIFE SCIENCES INDIA PVT,LTD LG LIFE SCIENCES POLAND, LTD LG MICRON(FUJIAN) ELECTRONICS CO.,LTD LG MICRON (TAIWAN) LTD. LG MITR ELECTRONICS CO., LTD. (LGEMT) LG PHILIPS LCD AMERICA INC. LG PHILIPS LCD GERMANY GMBH LG PHILIPS LCD HONGKONG CO.,LTD LG PHILIPS LCD JAPAN CO.LTD. LG PHILIPS LCD NANJING CO. LTD LG.PHILIPS LCD SHENZEN CO., LTD. LG PHILIPS LCD TAIWAN CO. LTD. (LGPLT) |
|
Affiliates-Overseas |
LG CNS JAPAN, INC LG CNS PHILIPINES, INC LG ELCTRONICS NORWAY AS LG ELECTONICS HUIZHOU LTD. LG ELECTRONICS (KUNSHAN) COMPUTER CO., LTD. LG ELECTRONICS (LEVANT) - JORDAN LG ELECTRONICS (NANJING) PLASMA CO., LTD LG ELECTRONICS (SHENYANG) INC.(LGESY) LG ELECTRONICS AFRICA LOGISTICS FZE LG ELECTRONICS ALAMABA, INC. (LGEAI) LG ELECTRONICS ALMATY KAZAK CO.,
LTD.(LGEAK) LG ELECTRONICS ARGENTINA S.A.(LGEAR) LG ELECTRONICS AUSTRALIA PTY., LTD. (LGEAP) LG ELECTRONICS AUSTRIA GMBH LG ELECTRONICS BENELUX SALES B.V. LG ELECTRONICS CANADA,INC. (LGECI) LG ELECTRONICS CHINA CO., LTD. (LGECH) LG ELECTRONICS COLOMBIA, LTDA.(LGECB) LG ELECTRONICS CZECH S.R.O. LG ELECTRONICS DA AMAZONIA LTDA (LGEAZ) LG ELECTRONICS DE SAO PAULO LTDA. (LGESP) LG ELECTRONICS DEUTSCHLAND.GMBH. (LGEDG) LG ELECTRONICS EGYPT CARIO S.A.E (LGEEC) LG ELECTRONICS EGYPT S.A.E. (LGEEG) LG ELECTRONICS ESPANA S.A. (LGEES) LG ELECTRONICS EUROPEAN HOLDINGS B.V. LG ELECTRONICS EUROPEAN LOGISTICS &
SERVICES B.V. LG ELECTRONICS EUROPEAN SHARED SERVICE
CENTER B.V. LG ELECTRONICS FRANCE S.A.R.L. LG ELECTRONICS GULF FZE (LGEGF) LG ELECTRONICS HELLAS S.A LG ELECTRONICS HK LTD.(LGEHK) LG ELECTRONICS INC. CHILE LIMITADA LG ELECTRONICS INDIA (PVT.) LTD. (LGEIL) LG ELECTRONICS ITALY S.P.A. (LGEIS) LG ELECTRONICS JAPAN INC. (LGEJP) LG ELECTRONICS JIT EUROPE B.V LG ELECTRONICS LATVIA LLC LG ELECTRONICS MAGYAR KFT. (LGEMK) LG ELECTRONICS MALAYSIA SDN. BHD.(LGEML) LG ELECTRONICS MEXICALI, S. A. DE C. V.
(LGEMX) LG ELECTRONICS MEXICO S.A. DE C.V (LGEMS) LG ELECTRONICS MIDDLE EAST CO., LTD. LG ELECTRONICS MLAWA SP.ZO.O (LGEMA) LG ELECTRONICS MOBILE RESEARCH U.S.A. LLC
(LGEMR) LG ELECTRONICS MOBILECOMM FRANCE S.A.S LG ELECTRONICS MOBLECOMM U.S.A.,
INC.(LGEMU) LG ELECTRONICS MONTERREY MEXICO S.A. DE
C.V. LG ELECTRONICS MOROCCO SARL(LGEMC) LG ELECTRONICS NANJING DISPLAY CO.,LTD LG ELECTRONICS(HANGZHOU) RECORDING MEDIA
CO., LTD LG ELECTRONICS NIGERIA LIMITED(LGENI) |
|
Affiliates-Overseas |
LG ELECTRONICS NORDIC AB LG ELECTRONICS OVERSEAS TRADING FZE LG ELECTRONICS PANAMA S.A. (LGEPS) LG ELECTRONICS PERU S.A. (LGEPR) LG ELECTRONICS PHILIPPINES, INC. (LGEPH) LG ELECTRONICS POLSKA SP.ZO.O (LGEPL) LG ELECTRONICS PORTUGAL S.A. LG ELECTRONICS QINHUANGDAO CO.,LTD(LGEQH) LG ELECTRONICS RAYNOSA, S.A.DE C.V(LGERS) LG ELECTRONICS ROMANIA S.R.L LG ELECTRONICS RUS.LLC LG PROPERTIES PTE. LTD. LG SOFT INDIA PVT LTD.(LGSI) LG SOLID SOURCE, LLC LG VINA CHEMICAL J/V COMPANY LG VINA COSMETICS LG.PHILIPS LCD GUANGZHOU CO., LTD.(LPLGZ) LG.PHILIPS LCD POLAND SP. Z O.O. LG.PHILIPS LCD SHANGHAI CO., LTD. LG-SHAKER CO.,LTD MONGOLIA RESOURCES INVESTMENT LIMITED NAKHODKA FEZ TELECOMMUNICATIONS
CO.LTD.(ROKOTEL) NANJING LG INTERNATIONAL VMI LTD.CO. NANJING LG PANDA APPLIANCES CO., LTD.
(LGEPN) NINGBO LG YONGXING CHEMICAL CO., LTD. PHILCO RESOURCES LIMITED PT LG CNS INDONESIA PT LG ELECTRONICS INDONESIA (LGEIN) PT. BATUBARA GLOBAL ENERGY PT. GOLDEN HYUNDAI MACHINERY(PT.GHM) PT. KIMCO ENERGY UTAMA PT. LG INNOTEK INDONESIA PT. TUTUI BATUBARA UTAMA QINGDAO LG INSPUR DIGITAL COMMUNICATION
CO., LTD. RESOURCES INVESTMENT (H.K) LIMITED SHANGHAI LG ELECTRONICS CO., LTD.
(LGESH) SILTRON AMERICA, INC. TAIZHOU LG ELECTRONIC REFRIGERATION
CO.LTD(LGETR) TIANJIN LG BOHAI CHEMICL CO.,LTD. TIANJIN LG DAGU CHEMICAL CO., LTD. TIANJIN LG NEW BUILDING MATERIALS CO., LTD. TRIVENI DIGITAL INC. V-ENS (M) SDN. BHD. ZENITH ELECTRONICS CO. (ZENITH) |
|
Overseas Office |
|
|
Liaison Office |
|
|
Overseas Branch |
|
|
Joint Venture |
|
|
Subsidiary |
|
|
Corporate Ownership |
LG CORP.(110111-0003543) SUMITOMO CHEMICAL CO., LTD. (JAPAN) JAPANESE INTEGRATED CHEMICAL COMPANIES
(JAPAN) |
|
Major Shareholders |
LG CORP.(110111-0003543) SUMITOMO CHEMICAL CO., LTD. (JAPAN) JAPANESE INTEGRATED CHEMICAL COMPANIES
(JAPAN) |
|
Cooperative Enterprise |
-Technical Support from SUMITOMO CHEMICAL CO., LTD.(JAPAN) -Insured Company LIG
INSURANCE CO., LTD(110111-0017859) |
|
Sales/ Unit
: KRW |
2009 |
2008 |
2007 |
|
Export |
348,174,887,451 |
301,057,053,116 |
238,043,592,088 |
|
Domestic |
112,390,164,231 |
106,339,754,168 |
87,222,336,577 |
|
Others |
777,821,655 |
1,869,183,990 |
1,197,266,959 |
|
Total |
461,342,873,337 |
409,265,991,274 |
326,463,195,624 |
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount
(Million KRW) |
Status |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
No.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 63.94 |
|
|
1 |
Rs. 98.63 |
|
Euro |
1 |
Rs. 69.85 |
INFORMATION DETAILS
|
Analysis Done by
: |
RSM |
|
|
|
|
Report Prepared
by : |
DPT |
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.