|
Report No. : |
349189 |
|
Report Date : |
07.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
SK NETWORKS CO., LTD. |
|
|
|
|
Registered Office : |
795, Gyeongsu-daero, Jangan-gu, Suwon-si, Gyeonggi-do440-816 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
24.03.1956 |
|
|
|
|
Com. Reg. No.: |
124-81-00718 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Wholesale of Non-Specialized Goods (Fabrics, Chemicals,
Steel, System Related Total Solutions, Clothing, Cellular Telephone) |
|
|
|
|
No. of Employees : |
3235 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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. 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 slow growth due to sluggish domestic consumption and investment. 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. In an effort to address the long term challenges and sustain economic growth, the current government has prioritized structural reforms, deregulation, promotion of entrepreneurship and creative industries, and the competitiveness of small and medium enterprises.
|
Source
: CIA |
Basic
|
Company Name |
SK
NETWORKS CO., LTD. |
|
Registered Address |
795, Gyeongsu-daero, Jangan-gu, Suwon-si,
Gyeonggi-do, Korea |
|
Building |
|
|
Zip Code |
440-816 |
|
Tel |
+82-2-2221-2114 |
|
Fax |
+82-2-2221-0080 |
|
E-mail |
webmaster@sknetworks.co.kr;jskim08@sknetworks.co.kr;
sechan@sknetworks.co.kr;jonghun724@sknetworks.co.kr |
|
Website |
www.sknetworks.co.kr;www.walkerhill.co.kr |
|
Trading Address |
795, Gyeongsu-daero, Jangan-gu, Suwon-si,
Gyeonggi-do, Korea (Old Address System : 104-28,
Yeonghwa-dong, Jangan-gu, Suwon-si, Gyeonggi-do, Korea) |
|
Tel |
+82-2-2221-2114 |
|
Fax |
+82-2-2221-0080 |
|
Euljiro HQ Office |
198, Euljiro 2(i)-ga, Jung-gu, Seoul, Korea |
|
Tel |
+82-70-7800-2114 |
|
Fax |
+82-2-754-9414 |
|
Myungdong HQ Office |
199-15, Euljiro 2(i)-ga, Jung-gu, Seoul,
Korea |
|
Tel |
+82-70-7800-2114 |
|
Fax |
+82-2-754-9414 |
|
Other Address-WALKERHIL Duty Free Shop |
177, Walkerhill-ro, Gwangjin-gu, Seoul,
Korea |
|
Tel |
+82-2-450-6363 |
|
Fax |
+82-2-450-6349 |
|
Other Address-Metropolitan Branch |
4th Floor, Hong-in Building, 1579-9,
Seocho, 3-dong, Seocho-gu, Seoul, Korea |
|
Tel |
+82-70-7800-0035 |
|
Fax |
+82-2-2101-1919 |
|
Other Address-Dongbu Branch |
8th Floor, Thrunet Building, 1423-1,
Oncheon 3-dong, Dongrae-gu, Busan, Korea |
|
Tel |
+82-70-7800-8814 |
|
Fax |
+82-51-502-2053 |
|
Other Address-Seobu Branch |
7th Floor, Hanaro Telecom Building, 562-8,
Gyerim 1-dong, Dong-gu, Gwangju, Korea |
|
Tel |
+82-70-7800-6801 |
|
Fax |
+82-62-233-6609 |
|
Other Address-Jungbu Branch |
5th Floor, Cheongsa Plaza, 924,
Dunsan-dong, Seo-gu, Daejeon, Korea |
|
Tel |
+82-70-7800-5802 |
|
Fax |
+82-42-472-6842 |
|
Other Address-Busan Branch |
Songpa Building, 1063-1, Beomcheon-dong,
Jin-gu, Busan, Korea |
|
Tel |
+82-51-818-6000 |
|
Fax |
+82-51-816-8901 |
|
Other Address-Daegu Branch |
51, Dongin 2-ga, Jung-gu, Daegu, Korea |
|
Tel |
+82-53-251-8000 |
|
Fax |
+82-53-424-9972 |
|
Other Address-Jungbu Branch |
2nd Floor, SK Telecom Dunsan Building, 594,
Tanbang-dong, Seo-gu, Daejeon, Korea |
|
Tel |
+82-42-610-0100 |
|
Fax |
+82-42-488-7018 |
|
Other Address-Seobu Branch |
2nd Floor, Daeyoung Building, 1178-2,
Chipyeong-dong, Seo-gu, Gwangju, Korea |
|
Tel |
+82-62-380-0100 |
|
Fax |
+82-62-383-3648 |
|
Other Address-Daejeon Sales Office |
2nd Floor, SK Telecom Dunsan Building, 594,
Tanbang-dong, Seo-gu, Daejeon, Korea |
|
Tel |
+82-42-610-0180 |
|
Fax |
+82-42-488-6645 |
|
Other Address-Daegu Sales Office |
51, Dongin 2-ga, Jung-gu, Daegu, Korea |
|
Tel |
+82-53-425-4526 |
|
Fax |
+82-53-424-9972 |
|
Other Address-Busan Sales Office |
2nd Floor, Songpa Building, 1063-1, Beomcheon-dong,
Jin-gu, Busan, Korea |
|
Tel |
+82-51-807-3112 |
|
Fax |
+82-51-818-8033 |
|
Other Address-Fashion Business Division |
The Korea Chamber of Commerce &
Industry Bldg., 3FL., 45, Namdaemunro 4-ga, Jung-gu, Seoul, Korea |
|
Tel |
+82-70-7800-4564 |
|
Fax |
+82-2-3789-4292 |
|
Other Address-S-Movilion Business Division |
45, Namdaemunro 4-ga, Jung-gu, Seoul, Korea |
|
Tel |
+82-2-530-7900 |
|
Fax |
+82-2-530-7929 |
|
Other Address-S-Welheim Business Division |
45, Namdaemunro 4-ga, Jung-gu, Seoul, Korea |
|
Tel |
+82-70-7800-2143 |
|
Fax |
+82-2-776-5957 |
|
Type |
Export/Import |
|
Industry |
Wholesale of Non-Specialized Goods |
|
Main Business |
Fabrics, Chemicals, Steel, System Related
Total Solutions, Clothing, Cellular Telephone |
|
Sub
Business |
|
|
Established (mm/dd/yyyy) |
03/24/1956 |
The Subject owns the premises of the registered HQ address.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Petroleum and distillates(15101500) |
|
Sell |
Clothing(53100000) |
|
Sell |
Corporate uniforms(53102710) |
|
Sell |
Fuels and Fuel Additives and Lubricants and
Anti corrosive Materials(15000000) |
|
Sell |
System administrators(81111800) |
|
Sell |
Information Technology Broadcasting and
Telecommunications(43000000) |
|
Sell |
Digital video disk players or
recorders(52161516) |
|
Sell |
Vehicle maintenance and repair
services(78180100) |
|
Sell |
Mobile communications services(83111600) |
|
Sell |
World wide web WWW site operation host
services(81112105) |
|
Sell |
School uniforms(53102705) |
|
Sell |
Structural materials and basic
shapes(30100000) |
|
Sell |
Fabrics and leather materials(11160000) |
|
Sell |
Plywood(11121609) |
|
Name |
Moon Jong-Hoon |
|
Address |
- |
|
Date of Birth |
04/1959 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
648,653,775,000 |
|||||||||||||||||||||
|
Employees |
3,235 |
|||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange :
001740) as of 06/30/1977 A Company of SK Group |
|||||||||||||||||||||
|
Bank Details |
Hana Bank |
|||||||||||||||||||||
|
Corporate Registered No. |
130111-0005199 |
|||||||||||||||||||||
|
Business Registered No. |
124-81-00718 |
|||||||||||||||||||||
|
Permit & Licenses |
Int’l Trade No.: 670904 |
|||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||
|
Company History |
03/24/1956 SK Global(Sunkyong Limited)
established 11/30/1966 Presidential Award received (for
increasing exports by US$1,835,000) 01/01/1976 Acquired Sunil Textile
Corporation 11/22/1976 Designated as a general trading
company 11/30/1976 Awarded for earning U$100
million in exports 06/30/1977 Listed on the Korean Stocks
Exchange 11/28/1980 SK Corporation(formerly known as
Yukong Limited) is acquired 12/22/1981 Awarded for earning U$500
million in exports 10/1989 Participated in the Oil Exploration
Project in Myanmmar 10/1991 Started participation in Guyana
Forest Development Project 10/09/1996 Established first Chinese Korean
joint venture trading company in China 04/22/1997 Concluded contract on Cambodia
Forest Development Project 07/01/1998 Changed company name to SK
company 12/31/1999 SK Distribution merged with 07/31/2000 SK Energy Sales merged with 07/31/2000 Changed company name to SK
Global 03/19/2003 Started the management by the
Creditors of Financial Institutes 09/19/2003 Changed company name to SK
Networks Co., Ltd. 10/27/2003 Signed the agreement on the
execution of the Plan for strengthening operation 05/01/2005 Sold the equity share of SK Life
Insurance 04/17/2007 Finished the Management
Procedure by the Creditors of Financial Institutes 01/29/2008 The Subject decided to acquire
OBZEE CO., LTD.(110111-1048960) as of 03/31/2008 05/01/2005 Sold the equity share of SK Life
Insurance 04/17/2007 Finished the Management
Procedure by the Creditors of Financial Institutes 05/2007 Moved to the present HQ address
from 4, Pyeong-dong ,Gwonseon-gu ,Suwon-si, Gyeonggi-do, Korea and the
offices at 4, Pyeong-dong ,Gwonseon-gu ,Suwon-si, Gyeonggi-do, Korea has been
closed. 01/29/2008 The Subject decided to acquire
OBZEE CO., LTD.(110111-1048960) as of 03/31/2008 09/23/2009 The Subject acquired WALKERHILL
INC.(110111-0142854) 10/01/2015 Acquire STEVEYONI CO.,
LTD.(110111-4276120) |
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
President & CEO |
Mr. |
Moon Jong-Hoon |
Korean |
1959.04 |
Korea University, Korea |
|
Director |
Mr. |
Kim Hern-Pyo |
Korean |
1959.10 |
Seoul National University, Korea |
|
Director |
Mr. |
Park Sung-Ha |
Korean |
1965.10 |
Yonsei University, Korea |
|
Outside Director |
Mr. |
Yoon Nam-Keun |
Korean |
1956. 05. 21 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Hur Yong-Seok |
Korean |
1956.07 |
Yonsei University, Korea |
|
Outside Director |
Mr. |
Song Ha-Joong |
Korean |
1952.12. |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Kim Sung-Min |
Korean |
1954.07. |
Yonsei University, Korea |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
9,220,026,500,138 |
7,805,868,842,135 |
18,890,848,456 |
|
|
(*)2014 |
20,460,418,440,470 |
7,883,422,774,641 |
11,666,677,921 |
|
(*)2013 |
23,739,620,446,948 |
8,168,923,062,095 |
-530,626,190,343 |
|
(*)2012 |
25,511,199,448,837 |
9,822,542,561,050 |
-85,791,826,303 |
|
(*)2011 |
26,224,418,959,648 |
10,266,831,121,466 |
138,054,125,450 |
|
(*)2010 |
23,523,724,352,491 |
9,160,781,740,016 |
152,885,200,394 |
|
2009 |
21,190,407,487,003 |
7,710,385,127,209 |
50,484,259,385 |
|
2008 |
21,897,444,114,737 |
7,982,489,469,620 |
92,575,278,890 |
|
2007 |
17,686,274,023,495 |
6,264,010,494,308 |
590,557,005,160 |
|
2006 |
15,784,019,148,561 |
5,832,208,519,481 |
473,936,092,951 |
|
2005 |
14,879,511,552,609 |
5,228,066,986,700 |
456,078,604,780 |
|
2004 |
13,613,718,718,390 |
4,408,265,423,877 |
460,628,881,668 |
|
2003 |
21,190,407,487,003 |
7,710,385,127,209 |
50,484,259,385 |
(*)Figures are based on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
7,500,000,000,000 |
|
Paid-Up Capital(KRW) |
648,653,775,000 |
|
Total Issues Shares |
248,301,295 |
|
Balance
Sheet |
|||
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As
of 12/31/2014 |
As
of 12/31/2013 |
|
Total
Assets |
7,805,868,842,135 |
7,883,422,774,641 |
8,168,923,062,095 |
|
Current
Assets |
3,581,371,942,718 |
3,645,215,668,448 |
3,802,563,770,575 |
|
Cash
& Cash Equivalents |
1,193,485,216,610 |
1,153,019,133,538 |
1,174,834,873,774 |
|
Current
Financial Instruments |
1,606,500,000 |
1,606,500,000 |
18,273,715,956 |
|
Trade
Receivables |
1,092,469,868,199 |
1,310,243,058,795 |
1,303,688,888,906 |
|
Derivatives |
15,036,277,818 |
43,672,594,683 |
3,489,885,398 |
|
Other
Finance Assets |
131,870,756,095 |
137,082,042,771 |
142,810,354,377 |
|
Other
Current Assets |
102,741,879,514 |
92,253,496,419 |
57,733,854,350 |
|
Inventories |
891,276,201,777 |
754,453,599,537 |
806,527,172,918 |
|
Assets
to be Sold |
152,885,242,705 |
152,885,242,705 |
295,205,024,896 |
|
Non-Current
Assets |
4,224,496,899,417 |
4,238,207,106,193 |
4,366,359,291,520 |
|
Long-Term Finance Instruments |
45,000,000 |
45,000,000 |
45,000,000 |
|
Marketable
Financial Instruments |
89,644,628,455 |
108,815,441,039 |
138,822,826,831 |
|
Investment_Subsidiaries |
628,867,314,565 |
630,967,023,025 |
843,955,331,967 |
|
Derivatives |
301,258,800 |
|
|
|
Other
Finance Assets |
225,001,478,175 |
227,611,422,270 |
254,327,770,968 |
|
Tangibles |
3,094,391,018,073 |
3,169,910,953,367 |
2,999,627,291,541 |
|
Intangibles |
51,730,309,505 |
51,631,459,677 |
70,138,354,477 |
|
Investment_Real
Estates |
97,076,322,018 |
16,535,657,386 |
13,645,111,236 |
|
Other
Non-Current Assets |
3,425,464,461 |
5,977,168,838 |
3,527,628,873 |
|
Deferred
Income Taxes Assets |
34,014,105,365 |
26,712,980,591 |
42,269,975,627 |
|
Total
Liabilities |
5,422,955,410,449 |
5,492,900,994,572 |
5,732,151,907,224 |
|
Current
Liabilities |
3,870,562,111,999 |
4,143,117,792,680 |
4,319,603,285,456 |
|
Trade
Payables |
2,649,948,376,525 |
2,537,610,354,278 |
2,688,788,353,867 |
|
Borrowings
& Debentures |
1,009,190,065,399 |
1,275,211,547,142 |
1,267,285,347,825 |
|
Derivatives |
3,146,543,167 |
9,829,674,438 |
46,997,790,179 |
|
Other
Financial Debts |
139,655,010,373 |
181,786,109,541 |
183,188,344,219 |
|
Accrued
Income Tax |
10,314,779,198 |
33,557,919,626 |
8,665,193,095 |
|
Other
Current Debts |
58,307,337,337 |
105,122,187,655 |
112,452,673,635 |
|
Non-Current
Assets to be Sold |
|
|
12,225,582,636 |
|
Non-Current
Liabilities |
1,552,393,298,450 |
1,349,783,201,892 |
1,412,548,621,768 |
|
Borrowings
& Debentures |
1,387,727,614,896 |
1,212,155,560,656 |
1,288,878,669,009 |
|
Derivatives |
58,500,000 |
85,297,920 |
11,834,633,243 |
|
Other
Financial Debts |
127,806,030,732 |
110,352,657,578 |
81,147,297,229 |
|
Confirmed
Salaries |
10,013,750,997 |
|
10,446,107,689 |
|
Provisions |
25,199,295,690 |
25,568,187,550 |
18,354,798,793 |
|
Other
Non-Current Debts |
1,588,106,135 |
1,621,498,188 |
1,887,115,805 |
|
Capital
Stock |
648,653,775,000 |
648,653,775,000 |
648,653,775,000 |
|
Capital
Surplus |
788,089,953,532 |
788,089,953,532 |
847,431,994,810 |
|
Profit
Surplus |
944,205,730,430 |
951,955,929,143 |
943,558,761,074 |
|
Others |
1,963,972,724 |
1,822,122,394 |
-2,873,376,013 |
|
Total
Equity |
2,382,913,431,686 |
2,390,521,780,069 |
2,436,771,154,871 |
|
Liab.
& Shareholder’s Equity |
7,805,868,842,135 |
7,883,422,774,641 |
8,168,923,062,095 |
|
Income
Statement |
|||
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As
of 12/31/2014 |
As
of 12/31/2013 |
|
Sales |
9,220,026,500,138 |
20,460,418,440,470 |
23,739,620,446,948 |
|
Cost
of Sold Goods |
8,565,956,134,199 |
18,920,171,634,276 |
22,053,666,612,048 |
|
Gross
Profit |
654,070,365,939 |
1,540,246,806,194 |
1,685,953,834,900 |
|
Selling
& Admin. Expenses |
589,804,533,120 |
1,355,842,645,878 |
1,547,151,486,210 |
|
Operating
Income |
64,265,832,819 |
184,404,160,316 |
138,802,348,690 |
|
Other
Income |
21,364,646,076 |
89,144,818,711 |
128,816,529,005 |
|
Other
Expenses |
19,086,990,154 |
172,140,582,669 |
918,871,075,509 |
|
Finance
Income |
107,757,932,773 |
258,720,462,656 |
355,791,010,616 |
|
Finance
Expenses |
148,111,979,083 |
348,953,597,174 |
446,215,203,049 |
|
Income
Before Taxes |
26,189,442,431 |
11,175,261,840 |
-741,676,390,247 |
|
Income
Taxes Expenses |
7,298,593,975 |
-491,416,081 |
-211,050,199,904 |
|
Net
Income |
18,890,848,456 |
11,666,677,921 |
-530,626,190,343 |
|
Cash
Flows |
|||
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As
of 12/31/2014 |
As
of 12/31/2013 |
|
Operating
Activities Cash Flows |
133,324,743,346 |
-261,736,912,119 |
507,135,282,853 |
|
Net
Income |
18,890,848,456 |
11,666,677,921 |
-530,626,190,343 |
|
Adjustment |
96,490,601,426 |
325,324,121,962 |
825,620,767,187 |
|
Changes
in Asset/ & Liability |
86,701,231,213 |
-514,619,101,320 |
362,481,854,165 |
|
Interests
Received |
6,532,013,361 |
19,640,967,602 |
19,880,676,855 |
|
Interests
Paid |
-40,352,026,341 |
-85,088,329,220 |
-93,917,919,977 |
|
Dividends
Received |
6,173,823,593 |
194,917,403 |
107,175,636 |
|
Income
Taxes |
-41,111,748,362 |
-18,856,166,467 |
-76,411,080,670 |
|
Cash
Flows from Investing |
39,108,335,442 |
348,099,609,984 |
99,502,863,719 |
|
Cash
Flows from Financing |
-131,966,995,716 |
-108,223,407,935 |
-421,714,591,438 |
|
Increase/Decrease
in Cash |
40,466,083,072 |
-21,860,710,070 |
184,923,555,134 |
|
Cash
at the Beginning of Year |
1,153,019,133,538 |
1,174,834,873,774 |
989,911,318,640 |
|
Cash
at the End of Year |
1,193,485,216,610 |
1,153,019,133,538 |
1,174,834,873,774 |
|
Main Products & Services |
IM(Information Communication Technology
Marketing) E&C(Energy & Car) T&I(Trading & Investment) PM(Prestige Marketing) Brand Name : OK-mart, Skopi, OK-Cashbag,
Tommy Hilfiger, DKNY, Daimler Chrysler, Jaguar/Land Rover, Infiniti,
Speedmate |
|
Main Products & Services |
INFORMATION & TELECOMMUNICATION COMPANY NETWORK BUSINESS DIVISIONAL GROUP Continuous Sales Growth of Existing Network
Business & Building Base for New Business (e-Government, Public Data,
VoIP.) On the basis of one of the most stable QoS (Quality of Service) in the
country, Network Business Divisional Group provides “TONETZ”, a
telecommunication line rental service for corporate clients, and “TONETZ
i-fone”, an internet telephony service. Also selected as the operator for
e-Government and public data network projects, the Divisional Group is
providing high-quality telecommunications services for schools, government
agencies and other major institutions. It hopes to build on these efforts to
become the top dedicated line operator in Korea. INFORMATION & TELECOMMUNICATION
DISTRIBUTION BUSINESS DIVISIONAL GROUP 2nd Largest Telecommunications Business in
SK Networks: Providing Integrated ICT Services Information &
Telecommunication Distribution Business Divisional Group is expanding its
business spectrum, centering on domestic mobile devices such as mobile phones
and PDAs and encompassing service businesses such as rental, roaming, after-sales
service, exporting used mobile phones, and solution businesses including IT
system equipment distribution as well as Ufit, Pullbbang.com, OK Coufun
services that make use of wired & wireless platforms. In addition, the
Divisional Group has launched a mobile phone distribution business in China,
opening the first store in Shenyang in October 2006. Having grown to include
sixty mobile phone stores in China by 2007, the business will serve as a
solid foundation for SK Networks to secure the core four logistics hubs and
sales networks, in order to join the ranks of the top five distributors by
2011. |
|
Main Products & Services |
GLOBAL BUSINESS & PRESTIGE LIFESTYLE
BUSINESS COMPANY GLOBAL BUSINESS DIVISIONAL GROUP A Total Solutions Provider that Satisfies Customers
With its information power to respond swiftly to market changes and its
competitive logistics capacity, Global Business Divisional Group is engaging
in trading through a network of more than twenty countries across the world,
mainly on energy, chemicals, and steel. The Divisional Group is aiming to
become a globally localized trader, focusing on local distribution in foreign
markets such as China, and at the same time maintaining a stable and
continuous growth rate by carrying out new businesses, for example developing
strategic products, expanding strategic markets and developing natural
resources. PRESTIGE LIFESTYLE BUSINESS DIVISIONAL
GROUP Creating Rich Customer Value through
Customer-oriented Prestige Marketing Established in March 2004 to reinforce
customer service, Prestige Lifestyle Business Divisional Group is creating
new value that satisfies customers’ needs with services including fashion,
imported cars, housing products and wine funds. The fashion business has
secured top imported brands that reflect diverse lifestyles and is also
developing global fashion brands that continue to be popular over the years.
As of 2007, the imported car business offers a portfolio of four brands
including Chrysler, and is bringing innovation to the market with reasonable
prices and differentiated services by directly importing premium auto brands
such as Benz. Furthermore, the new-concept housing development business that
puts customers first, and the wine fund business that provides a special way
of enjoying high-quality wines are offering customers options to enhance
their quality of life. ENERGY MARKETING COMPANY ENERGY MARKETING DIVISIONAL GROUP Top Network-based Marketing Business Unit
that Creates New Customer Value As a leader in the domestic petroleum
product sales market, Energy Marketing Company continues to strengthen its
competitiveness by consistently improving its service and quality, as well as
conducting differentiated and unique marketing methods. It is expanding its
Car-Life business to become a total service provider for automobiles, and is
pursing diversification of the distribution business by exploring new
business models. The Divisional Group is also aiming to achieve greater
globalization through a full-scale business in the Chinese market, such as
the launching of Speedmate in Shanghai and an integrated petrol station
business focusing on the three Northeastern provinces. |
|
Detailed Products Spec. |
|
|
Technologies Acquired |
|
|
Suppliers |
SK ENERGY CO., LTD.(110111-3710385) |
|
Customers |
|
|
Competitors |
-INFO & TELECOMMUNICATION KT POWER COM DREAM LINE DACOM SKN HANARO -ENERGY GS-CALTEX CORPORATION(110111-0078819) S-OIL CORPORATION(110111-0189955) HYUNDAI OIL REFINERY CO.,
LTD.(110111-0090558) -INT’L TRADING LG INTERNATIONAL
CORPORATION 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 HYUNDAI CORPORATION HUNGKUK LIFE INSURANCE BD 226, SINMUNNO
1-GA, JONGNO-GU, SEOUL 110-786 KOREA TEL:+82-2-390-1114 FAX:+82-2-390-1101 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS DAEWOO INTERNATIONAL CORPORATION DAEWOO CENTER BLDG., 541, NAMDAEMUNNO 5-GA,
JUNG-GU, SEOUL 100-714 KOREA TEL:+82-2-759-2114 FAX:+82-2-753-9489 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS HYOSUNG CORPORATION HYOSUNG BLDG., 450, GONGDEOK 2-DONG,
MAPO-GU, SEOUL 121-720 KOREA TEL:+82-2-707-7000 FAX:+82-2-707-0130 INDUSTRY: MAN-MADE FIBERS SPINNING SAMSUNG CORPORATION 310, TAEPYEONGNO 2-GA, JUNG-GU, SEOUL
100-865 KOREA TEL:+82-2-2145-2114 FAX:+82-2-2145-3114 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS SSANGYONG CORPORATION SSANGYONG BLDG., 24-1, JEODONG 2-GA, JUNG-GU,
SEOUL 100-748 KOREA TEL:+82-2-2270-8114 FAX:+82-2-2270-8334 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS |
|
Affiliates-Domestic |
SK
HOLDINGS CO., LTD.(110111-0022816) SK TELECOM CO., LTD.( 110111-0371346) PAXNET,
INC.(110111-1698830) IHQ,
INC.(110111-0042393) SK TELINK,
CORP.(110111-1533599) AIRCROSS CO.,
LTD.(110111-2121765) TU MEDIA
CORPORATION(110111-2907826) SK
COMMUNICATIONS CO., LTD.(110111-1322885) COMMERCE PLANET
CO., LTD.(110111-1416133) F&U CREDIT
INFORMATION CO., LTD.(135311-0003300) SK WYVERNS
CO., LTD(120111-0217366) SK TELESYS
CO., LTD.(110111-1405897) LOEN
ENTERTAINMENT, INC.(134111-0010706) INFOSEC CO.,
LTD(110111-2007858) ENCAR NETWORKS
LTD.(110111-2125270) INDEPENDENCE
CO., LTD.(110111-2010116) SKC MEDIA CO.,
LTD.(161511-0076377) IFILM
CORPORATION(110111-2857451) SK BROADBAND
CO., LTD.(110111-1466659) CU MEDIA.
INC.(110111-2031477) NTREEV SOFT
CO., LTD.(110111-2906456) SK I-MEDIA
CO., LTD.(110111-3505851) NURI SOLUTION
CO., LTD.(110111-1866213) HANAROMEDIA
INC.(110111-3292664) HANARO DREAM
INCORPORATED(110111-2183343) BROADBAND
D&M CO., LTD.(110111-1509269) NOWON JOEUN
TELECOM CO., LTD.(110111-3655218) MIRACLE
INFORMATION & TELECOMMUNICATION CO., LTD.(120111-0433491) QC I&T
CO., LTD.(110111-3675381) QL KWANAK CO.,
LTD.(110111-3826140) QL DONGJAK
CO., LTD.(110111-3729740) QL SEOCHO CO.,
LTD.(110111-3729807) QL YONGSAN
CO., LTD.(110111-3761023) QL YANGCHEON
CO., LTD.(110111-3729609) SK NETWORKS
CO., LTD.(130111-0005199) SK ENGINEERING
& CONSTRUCTION CO., LTD.(110111-0038805) SK SHIPPING
CO., LTD.(110111-0311392) SK C&C
CO., LTD.(110111-0769583) (15.0% held by
the subject company) INNOACE CO.,
LTD(110111-2104026) (43.0% held by
the subject company) IPLATFORM,
INC(110111-3638917) (66.67% held
by the subject company) |
|
Affiliates-Domestic |
SK D&D
CO., LTD.(110111-3001685) OK CASHBAG
SERVICE CO., LTD.(110111-1873432) SK NETWORKS
SERVICE CO., LTD.(135811-0141788) SK MARKETING
& COMPANY CO., LTD.(110111-3874066) BROADBAND TS
CO., LTD.(281111-0119401) BROADBAND CS
CO., LTD.(110111-1592595) BROADBAND
SEOUL CS CO., LTD.(110111-3558842) BROADBAND
BUSAN CS CO., LTD.(180111-0573774) BROADBAND
GYEONGGI CS CO., LTD.(134111-0147575) BROADBAND
GWANGJU CS CO., LTD.(200111-0233050) ANTS CO.,
LTD.(151111-0031058) ULLEUNG DEEP
SEA WATER CO., LTD(110111-3224724) SOLMICS CO.,
LTD.(134711-0014631) UB CARE CO.,
LTD.(110111-1105364) MECHARONICS
CO., LTD.(120111-0233338) ULLEUNG
MINERAL CO., LTD.(110111-2602244) REAL BEST CO.,
LTD. MRO KOREA CO.,
LTD(110111-2016940) (51.0% held by
the subject company) WS TRADING
CO., LTD.(110111-3448712) (100.0% held
by the subject company) SK SECURITIES
CO., LTD(110111-0037112) (22.71% held
by the subject company) |
|
Affiliates-Overseas |
KIWI STEEL
N.Z. LTD. SK NETWORKS
AMERICA, INC. SK NETWORKS
DEUTSCHLAND GMBH SK NETWORKS
AUSTRALIA PTY. LTD. SK STEEL
AUSTRALIA PTY. LTD. SK NETWORKS
(SHANGHAI) TRADING CO., LTD. SK NETWORKS
(GUANGZHOU) TRADING CO., LTD. SK(DONGGUAN)
STEEL CO., LTD SK(ZHANGJIAGANG)
METAL PRODUCTS CO.,LTD POSK
STEEL(PINGHU) PROCESSING CENTER CO.,LTD SK NETWORKS
PS(SHANTOU)CO., LTD NINGBO SK
ZHENBANG CHEMICAL. LTD DAIYANG - SK
NETWORKS METAL SANAYI VE TICARET LTD SK NETWORKS
MIDDLE EAST FZE PT SK NETWORKS
(INDONESIA) SHENYANG SK
NETWORKS ENERGY CO., LTD SHANGHAI
LAUNCH-SK AUTOMOBILE SERVICE CO., LTD SK NETWORKS
(SHANGHAI) MARKETING CO., LTD SK
NETWORKS(CHINA)HOLDINGS CO., LTD DANDONG SK
NETWORKS REAL ESTATE CO., LTD SHENYANG SK NETWORKS
BUS TERMINAL CO., LTD DANDONG SK
NETWORKS ENERGY CO., LTD DANDONG SK
NETWORKS LOGISTICS CO., LTD SHENYANG SK
NETWORKS ELECTRONICS &TELECOMMUNICATIONS CO., LTD SK NETWORKS
(SHANGHAI) ELECTRONICS &TELECOMMUNICATIONS MARKETING CO., LTD BEIJING SK NETWORKS
ELECTRONICS & TELECOMMUNICATIONS CO., LTD SHANDONG SK
NETWORKS ELECTRONICS &TELECOMMUNICATIONS CO., LTD SK NETWORKS
HONG KONG SK NETWORKS
MEXICO S.A DE C.V SKYNETWORKS
LCC. MIRAE COMPANY
LIMITED RICHARD CHAI
LLC. OBZEE N.Y |
|
Overseas
Office |
SK NETWORKS
CO., LTD. QINGDAO BRANCH ROOM 1403,
HISENSE TOWER 17 DONGHAI XI ROAD, QINGDAO , CHINA TEL :
86-(532)-387-4331, 4333, 7054, 7187, 4440 FAX : 86-(532)-387-4555 SK NETWORKS
CO., LTD. GUANGZHOU BRANCH ROOM 1706, OFFICE TOWER
, CITIC PLAZA, NO.233 TIANHE ROAD NORTH , TIANHE DISTRICT, GUANGZHOU , CHINA
(510613) TEL :
86-(20)-3891-2445 FAX : 86-(20)-8732-0869 SK NETWORKS
CO., LTD. WUHAN BRANCH ROOM 705,
WUHAN INT'L TRADE COMMERCIAL CENTRE, NO.297 XINHUA BACK ROAD , WUHAN , CHINA
(430022) TEL :
86-(27)-8577-5840, 5842, 5847 86-(27)-8572-4634, 4644 / FAX :
86-(27)-8577-5851 SK NETWORKS
CO., LTD. CHENGDU OFFICE
24 THFL. CHUANZIN MANSION , 18 SEC.2 RENMIN SOUTH ROAD , CHENGDU , CHINA
(610016) TEL :
86-(28)-6199-755~9 FAX : 86-(28)-6200-155 SK NETWORKS
CO., LTD. DALIAN OFFICE 18TH FLOOR,
SENMAO BLDG. 147 ZHONG SHAN ROAD XIIGANG DISTRICT, DALIAN , CHINA
(116011) TEL :
86-(411)-8360-9393 FAX : 86-(411)-8369-3924 SK GLOBAL HONG
KONG LTD. TAIPEI BRANCH 5TH FLOOR ROOM
A-1 NO.287 NAN-KING EAST ROAD, SEC.3, TAIPEI, TAIWAN, R.O.C. TEL :
886-(2)-2718-3949 FAX : 886-(2)-2514-0377, 0294 SK NETWORKS
CO., LTD. HARBIN OFFICE
4TH FI., SONGLEIL GROUP BLDG. 160 ZHONGSHAN ST. , DONGLI DIST. HARBIN , CHINA
(150040) TEL :
86-(451)-264-8505 FAX : 86-(451)-246-8492 SK NETWORKS
CO., LTD. SHANGHAI BRANCH ROOM NO.2310,
INTERNATIONAL TRADE CENTER, 2201, YAN AN ROAD (W), SHANGHAI, CHINA TEL :
86-(21)-6295-0088 / FAX : 86-(21)-6295-0033/55 SK NETWORKS
(CHINA) HOLDINGS CO., LTD. SK NETWORKS PS (SHANTOU) CO., LTD SHENYANG SK
NETWORKS ENERGY CO., LTD 18/F BLOCKA
PRESIDENT BUILDING, NO.69HEPING NORTH STREET, HEPING DISTRICT, SHENYANG CITY,
LIAONING PROVINCE, CHINA TEL :
86-(24)-2281-4330 / FAX : 86-(24)-2281-4334,4340,4350 |
|
Liaison Office |
|
|
Overseas
Branch |
|
|
Joint Venture |
|
|
Subsidiary |
SK NETWORKS SERVICE CO., LTD.(135811-0141788) SK NETWORKS RESOURCES AUSTRALIA PTY. LTD.(AUSTRALIA) POSK (PINGHU) STEEL PROCESSING CENTER CO., LTD.(CHINA) SK NETWORKS(SHANGHAI) CO., LTD..(CHINA) SK PINX CO., LTD.(224111-0003760) SKN (CHINA) HOLDINGS CO., LTD .(CHINA) SHENYANG SK BUS TERMINAL CO., LTD .(CHINA) SK NETWORKS HONGKONG LTD.(HONG KONG) LIAONING SK NETWORKS REAL ESTATE DEVELOPMENT CO., LTD .(CHINA) SK (GUANGZHOU) METAL CO., LTD .(CHINA) SK NETWORKS (XIAMEN) STEEL PROCESSING CENTER CO., LTD..(CHINA) SK NETWORKS PS
(SHANTOU) CO., LTD. (100.00% held
by the subject company) POSK (PINGHU)
STEEL PROCESSING CENTER CO., LTD. (80.00% held by
the subject company) SK
(ZHANGJIAGANG) METAL PRODUCSTS CO., LTD. (100.00% held
by the subject company) SK NETWORKS
RESOURCES AUSTRALIA PTY., LTD. (100.00% held
by the subject company) DAIYANG SK
NETWORKS SAN. VE TIC.LTD.ST (51.00% held
by the subject company) |
|
Corporate
Ownership |
|
|
Major
Shareholders |
|
|
Cooperative
Enterprise |
Tommy Hilfiger Licensing, Inc. |
|
Sales/ Unit :Mil KRW |
09/2011 |
2010 |
2009 |
|
Export |
2,426,089 |
2,045,324 |
2,814,825 |
|
Domestic |
17,649,251 |
15,784,216 |
21,346,639 |
|
Total |
20,075,340 |
17,829,540 |
24,161,464 |
The Subject exports to China, Vietnam, Hong Kong, Taiwan, Japan,
Philippines, USA, Thailand, UAE, Saudi Arabia, Belgium, Italy and New Zealand..
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
There are 4 cases filed as Plaintiff(s)/ Creditor(s)/ Applicant(s)
amounting 2,280,000,000 KRW, 13 cases fled as Defendant(s)/ Debtor(s)/
Respondent(s) amounting 4,699,000,000 KRW as of 06/30/2015.
News
Clipping
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.79 |
|
UK Pound |
1 |
Rs.99.95 |
|
Euro |
1 |
Rs.71.55 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
TRU |
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.