|
Report No. : |
351246 |
|
Report Date : |
21.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
LSIS
CO., LTD. |
|
|
|
|
Registered Office : |
127,
LS-Ro, Dongan-Gu, Anyang-Si, Gyeonggi-Do, LS Tower, Korea 14119 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
30.09.2015 |
|
|
|
|
Date of Incorporation : |
01.06.1975 |
|
|
|
|
Com. Reg. No.: |
116-81-19273 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacture of Boards for Electric Control or Distribution |
|
|
|
|
No. of Employees : |
3,552 |
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 : |
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 – 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 |
|
Company Name |
LSIS
CO., LTD. (Ex. Company Name : LS INDUSTRIAL SYSTEMS CO.,
LTD.) |
|
Registered Address |
127,
LS-ro, Dongan-gu, Anyang-si, Gyeonggi-do, Korea |
|
Building |
LS Tower |
|
Zip Code |
14119 |
|
Tel |
+82-1544-2080 |
|
Fax |
+82-2-2034-4969 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
LS Tower,
10FL., 127, LS-ro, Dongan-gu, Anyang-si, Gyeonggi-do, Korea (Old
Address System : LS Tower, 10FL., 1026-6, Hogye 1-dong, Dongan-gu, Anyang-si,
Gyeonggi-do, Korea) |
|
Tel |
+82-1544-2080 |
|
Fax |
+82-2-2034-4969 |
|
Trading Address-Gayang Office |
367-1, Gayang 1-dong, Gangseo-gu, Seoul, Korea |
|
Tel |
+82-2-3660-7114 |
|
Fax |
|
|
Trading Address-Cheongju Plant |
1,
Songjeong-dong, Heungdeok-gu, Cheongju-si, Chungcheongbuk-do, Korea |
|
Tel |
+82-43-261-6031 |
|
Fax |
+82-43-261-6602 |
|
Trading Address-Cheonan Plant |
181, Samsung-ri, Mokcheon-eup, Cheonan-si, Chungcheongnam-do, Korea |
|
Tel |
+82-41-550-8114 |
|
Fax |
+82-41-566-8408 |
|
Trading Address-Janghang Plant |
78, Jangam-ri, Janghang-eup, Seocheon-gun, Chungcheongnam-do, Korea |
|
Tel |
+82-41-955-3114 |
|
Fax |
+82-41-956-1020 |
|
Trading Address-Central R&D Center |
533, Hogye 1-dong, Dongan-gu, Anyang-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-450-7114 |
|
Fax |
|
|
Trading Address-Electric Power R&D Center |
1, Songjeong-dong, Heungdeok-gu, Cheongju-si, Chungcheongbuk-do, Korea |
|
Tel |
+82-43-261-6114 |
|
Fax |
|
|
Trading Address-Busan Sales Office |
140-9, Gamjeon 2-dong, Sasang-gu, Busan, Korea |
|
Tel |
+82-51-310-5300 |
|
Fax |
|
|
Trading Address-Daegu Sales Office |
1575-1, Sangyeok 2-dong, Buk-gu, Daegu, Korea |
|
Tel |
+82-53-603-7711 |
|
Fax |
+82-53-603-7777 |
|
Trading Address-Gwangju Sales Office |
96-2, Unam 2-dong, Buk-gu, Gwangju, Korea |
|
Tel |
+82-62-529-0393 |
|
Fax |
+82-62-527-0575 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Electrical Apparatuses for Switching, Protecting and
Connecting Electrical Circuits Used in Power Distribution Systems |
|
Main Business |
Circuit Breakers, Meter, Transformers, Switchgear(Switching Boards)
Panels, PLC, HMI, Inverter, RF-ID, Copper Tube, Stainless Pipe, Inverter,
Electric Power Quality Sophistication Solution, Automation System, RF-ID,
Pointed End Traffic Controlling System, Copper Pipe, Electric Tool |
|
Sub
Business |
Manufacture of Boards for Electric Control or Distribution |
|
Established (mm/dd/yyyy) |
06/01/1975 |
The Subject owns
the premises of Cheongju Plant (215,838m2), Cheonan Plant (156,205m2), Janghang Plant (244,026m2),
Gayang Office (40,744m2), Busan Sales Office (3,820m2) and Daegu Sales Office
(3,969m2).
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Molded case circuit breakers(39121616) |
|
Sell |
Power relays(39121514) |
|
Sell |
Network gateway(43222605) |
|
Sell |
Power supply transformers(39121002) |
|
Sell |
Power drills(27112703) |
|
Sell |
Air circuit breakers(39121615) |
|
Sell |
Gas analyzers and monitors(41113100) |
|
Sell |
Circuit protection devices and accessories(39121600) |
|
Sell |
Switches and controls and relays and accessories(39121500) |
|
Sell |
Panelboards(39121103) |
|
Sell |
Switchgear systems(39121105) |
|
Sell |
Solar generators(26111607) |
|
Sell |
Wattmeters(41113640) |
|
Sell |
Power conditioning equipment(39121000) |
|
Sell |
Industry specific software(43232600) |
|
Sell |
Cutting machines(23101508) |
|
Sell |
Contactors(39121529) |
|
Sell |
Industrial control software(43232608) |
|
Sell |
Control unit(43201542) |
|
Sell |
Earth leakage circuit breakers(39121614) |
|
Sell |
Power monitoring or control systems(39121106) |
|
Sell |
Grinders(27111905) |
|
Sell |
Load centers(39121101) |
|
Sell |
Flow computers or totalizers(41112512) |
|
Sell |
Traffic control(46161500) |
|
Sell |
Flowmeters(41112501) |
|
Sell |
Overload relays(39121520) |
|
Sell |
Blowers(40101601) |
|
Sell |
Telecommunication terminal units(43222815) |
|
Sell |
Power tools(27112700) |
|
Sell |
Motor control centers(39121104) |
|
Sell |
Automotive exhaust emission analyzers(41113101) |
|
Sell |
Railway signaling systems(46161502) |
|
Sell |
Measuring and observing and testing instruments(41110000) |
|
Sell |
Pressure transmitters(41112410) |
|
Sell |
eries and cells and accessories(26111700) |
|
Sell |
Programmable logic controller (PLC) |
|
Sell |
Graphic recorders(41111908) |
|
Sell |
Inverters(32121705) |
|
Sell |
Central processing unit CPU processors(43201503) |
|
Sell |
Computers(43211500) |
|
Sell |
Polishing machines(23101510) |
|
Sell |
Electrical and electronic engineering(81101700) |
|
Sell |
Copper tubing(31231302) |
|
Name |
Koo Ja-Kyun |
|
Address |
|
|
Date of Birth |
10/08/1957 |
|
Title |
Chairman & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
150,000,000,000 |
|||||||||||||||||||||
|
Employees |
3,552 |
|||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange :
010120 ) as of 07/11/1994 A company of LS Group |
|||||||||||||||||||||
|
Bank Details |
SC First Bank of Korea-Yoido Kwangjang
Branch |
|||||||||||||||||||||
|
Corporate Registered No. |
110111-0520076 |
|||||||||||||||||||||
|
Business Registered No. |
116-81-19273 |
|||||||||||||||||||||
|
Permit & Licenses |
Acquired CE, UL, CCC, IEC Int’l Trade No.: 872465 |
|||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||
|
Company History |
07/24/1974 Incorporated as LUCKY PACKING
CO., LTD. 02/1979 Changed company name to SHINYOUNG
ELECTRIC CO., LTD. 03/1987 Changed company name to GOLD STAR
INDUSTRIAL SYSTEMS CO., LTD. 02/1995 Changed company name to LG
INDUSTRIAL SYSTEMS CO., LTD. 03/31/2005 Changed company name to the
present name 04/01/2010 Split off metal Pipe Business
and established LS Metal Co., Ltd.(110111-4321602) |
|||||||||||||||||||||
|
|
|
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Chairman & CEO |
Mr. |
Koo Ja-Kyun |
Korean |
1957.10.08 |
University of Texas, USA |
|
President & COO |
Mr. |
Han Jae-Hoon |
Korean |
1957.09 |
Korea University, Korea |
|
Outside Director / Auditor |
Mr. |
Han Sang-Woo |
Korean |
1954.06 |
Yonsei University, Korea |
|
Outside Director / Auditor |
Mr. |
Jung Hyun-Kyo |
Korean |
1955.08.17 |
Seoul University, Korea |
|
Outside Director / Auditor |
Mr. |
Lee Byung-Kook |
Korean |
1957.02 |
Chungnam National University, Korea |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
(*)09/2015 |
1,272,212,264,961 |
2,047,033,159,640 |
45,012,978,620 |
|
(*)2014 |
1,827,656,624,910 |
2,151,083,199,307 |
93,904,072,398 |
|
(*)2013 |
1,765,837,121,662 |
1,961,236,234,430 |
110,778,938,966 |
|
(*)2012 |
1,651,122,711,227 |
1,885,861,069,723 |
100,886,002,162 |
|
(*)2011 |
1,402,034,913,423 |
1,623,026,422,314 |
58,827,629,090 |
|
(*)2010 |
1,409,828,572,249 |
1,530,404,312,779 |
116,046,144,043 |
|
2009 |
1,446,199,449,440 |
1,284,995,240,329 |
169,715,728,863 |
|
2008 |
1,419,482,942,153 |
1,147,484,078,505 |
94,779,252,844 |
|
2007 |
1,293,646,222,083 |
955,024,093,899 |
110,727,917,912 |
|
2006 |
1,205,083,943,076 |
934,133,939,980 |
99,536,627,349 |
|
2005 |
1,103,910,055,233 |
873,636,109,837 |
82,292,083,153 |
|
2004 |
1,013,706,858,537 |
847,336,877,612 |
84,431,133,137 |
(*)Figures are based
on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
1,500,000,000,000 |
|
Paid-Up Capital(KRW) |
150,000,000,000 |
|
Total Issues Shares |
30,000,000 |
|
Balance Sheet |
|||
|
Unit : Korean Won |
01/01/2015~09/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Total Assets |
2,047,033,159,640 |
2,151,083,199,307 |
1,961,236,234,430 |
|
Current
Assets |
1,026,426,494,280 |
1,117,159,537,924 |
948,360,722,172 |
|
Cash & Cash Equivalents |
169,051,599,749 |
260,786,609,931 |
123,941,988,192 |
|
Current Financial Instruments |
12,204,822,153 |
9,980,086,719 |
25,299,283,900 |
|
Current Portion of Derivatives |
935,750,930 |
2,301,891,291 |
16,824,400,140 |
|
Trade Receivables |
388,130,600,471 |
400,830,048,879 |
381,613,220,559 |
|
Other Receivables |
52,448,131,880 |
43,400,932,965 |
37,424,206,263 |
|
Current Portion of Receivables-Construction |
274,357,502,158 |
291,290,609,685 |
204,137,942,419 |
|
Other Current Assets |
44,676,712,220 |
36,763,687,848 |
39,699,209,505 |
|
Current Portion of Finance Lease Debts |
292,354,027 |
278,896,033 |
261,910,771 |
|
Inventories |
84,329,020,692 |
71,526,774,573 |
119,158,560,423 |
|
Non-Current
Assets |
1,020,606,665,360 |
1,033,923,661,383 |
1,012,875,512,258 |
|
Non-Current Financial Instruments |
7,425,000,000 |
13,725,000,000 |
6,625,000,000 |
|
Marketable Financial Instruments |
15,213,243,659 |
11,355,293,659 |
9,457,391,823 |
|
Long-Term Trade Receivables |
|
|
1,910,732,252 |
|
Long-Term Other Receivables |
821,398,625 |
742,729,576 |
503,117,341 |
|
Investment_Subsidiaries |
299,922,630,980 |
303,396,131,513 |
313,566,594,288 |
|
Investment_Related Companies |
2,136,219,008 |
15,206,935,008 |
2,136,219,008 |
|
Investment_Co-Subsidiaries |
286,096,773 |
286,096,773 |
21,136,999,260 |
|
Deferred Income Tax |
20,692,640,449 |
2,967,269,255 |
|
|
Other Non-Current Assets |
22,113,973,955 |
27,315,616,672 |
16,630,771,024 |
|
Finance Lease Debts |
1,425,787,862 |
1,646,766,459 |
1,925,662,492 |
|
Tangibles |
521,390,103,001 |
528,960,059,504 |
505,139,060,146 |
|
Intangibles |
129,179,571,048 |
128,321,762,964 |
133,843,964,624 |
|
Total
Liabilities |
1,084,975,794,313 |
1,195,182,584,251 |
1,059,046,641,319 |
|
Current
Liabilities |
556,724,795,708 |
636,130,983,177 |
416,583,931,529 |
|
Current Portion of Derivatives |
35,864,514,644 |
17,014,506,977 |
3,568,887,394 |
|
Account Payables |
147,318,555,241 |
169,890,228,938 |
149,100,944,320 |
|
Other Payables |
53,327,039,708 |
90,934,865,053 |
75,539,391,296 |
|
Current Portion of Payables-Construction |
50,751,362,009 |
34,794,759,057 |
64,717,118,986 |
|
Short-Term Borrowings |
30,610,855,429 |
27,652,278,424 |
37,575,215,031 |
|
Current Portion of Long-Term Borrowings |
159,977,251,673 |
173,170,711,847 |
20,529,119,730 |
|
Other Current Financial Debts |
114,057,840 |
434,826,915 |
59,740,757 |
|
Accrued Income Tax |
14,818,595,747 |
39,659,294,657 |
19,116,017,418 |
|
Current Provisions |
5,988,222,634 |
7,239,678,244 |
8,444,982,941 |
|
Other Current Liabilities |
57,954,340,783 |
75,339,833,065 |
37,932,513,656 |
|
Non-Current
Liabilities |
528,250,998,605 |
559,051,601,074 |
642,462,709,790 |
|
Derivatives |
284,900,316 |
403,919,466 |
279,810,014 |
|
Long-Term Other Liabilities |
6,766,562,500 |
7,941,343,500 |
4,832,994,000 |
|
Long-Term Borrowings |
466,592,938,612 |
522,593,528,387 |
592,769,968,056 |
|
Provision for Severance &
Retirement |
29,995,437,910 |
16,011,871,143 |
20,286,961,551 |
|
Deferred Income Tax Credit |
|
|
15,535,932,603 |
|
Other Non-Current Liabilities |
24,611,159,267 |
12,100,938,578 |
8,757,043,566 |
|
Capital
Stock |
150,000,000,000 |
150,000,000,000 |
150,000,000,000 |
|
Capital Surplus |
-25,542,012,816 |
-25,542,012,816 |
-25,542,012,816 |
|
Others |
-210,337,660 |
-301,463,776 |
-207,684,431 |
|
Profit Surplus |
837,809,715,803 |
831,744,091,648 |
777,939,290,358 |
|
Total Equity |
962,057,365,327 |
955,900,615,056 |
902,189,593,111 |
|
Liab. & Shareholder’s Equity |
2,047,033,159,640 |
2,151,083,199,307 |
1,961,236,234,430 |
|
Income Statement |
|||
|
Unit : Korean Won |
01/01/2015~09/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Sales |
1,272,212,264,961 |
1,827,656,624,910 |
1,765,837,121,662 |
|
Cost of Sold Goods |
997,143,529,865 |
1,458,372,287,906 |
1,396,426,652,295 |
|
Gross Profit |
275,068,735,096 |
369,284,337,004 |
369,410,469,367 |
|
Selling & Admin. Expenses |
162,320,915,934 |
214,169,073,538 |
199,271,749,497 |
|
Operating Income |
112,747,819,162 |
155,115,263,466 |
170,138,719,870 |
|
Other Operating Income |
57,570,960,471 |
60,118,395,683 |
69,574,660,178 |
|
Other Operating Expenses |
76,360,691,054 |
73,070,436,600 |
68,623,679,118 |
|
Finance Income |
3,059,317,634 |
9,017,939,900 |
4,107,345,297 |
|
Finance Expenses |
18,707,622,919 |
26,799,751,142 |
33,474,570,184 |
|
Non-Operating Income |
-1,434,979,692 |
-8,386,656,376 |
-1,421,320,306 |
|
Income Before Taxes |
76,874,803,602 |
115,994,754,931 |
140,301,155,737 |
|
Income Taxes Expenses |
15,016,544,012 |
18,757,942,571 |
28,846,407,143 |
|
Income from Continuous Business |
61,858,259,590 |
97,236,812,360 |
111,454,748,594 |
|
Income from Stopped Business |
-16,845,280,970 |
-3,332,739,962 |
-675,809,628 |
|
Net Income |
45,012,978,620 |
93,904,072,398 |
110,778,938,966 |
|
Cash Flows |
|||
|
Unit : Korean Won |
01/01/2015~09/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Cash Flows from
Operating |
92,741,112,296 |
153,902,982,359 |
61,271,823,668 |
|
Net Income |
48,792,221,044 |
96,325,057,792 |
111,454,748,594 |
|
Expenses |
185,016,805,526 |
215,503,004,640 |
226,954,818,058 |
|
Profits |
-58,738,664,082 |
-68,279,511,702 |
-63,241,582,490 |
|
Changes in Asset/
& Liability |
-17,441,570,130 |
-57,486,911,292 |
-165,299,290,738 |
|
Exp. without Cash
Outflow |
9,212,036,893 |
24,129,257,443 |
3,411,966,184 |
|
Revenue without Cash
Inflows |
-74,099,716,955 |
-56,287,914,522 |
-52,008,835,940 |
|
Cash Flows from Investing |
-79,380,659,101 |
-57,651,343,058 |
-85,781,291,540 |
|
-Cash Inflow from
Investing |
50,414,247,813 |
84,050,043,010 |
45,275,006,797 |
|
-Cash Outflows for
Investing |
-129,794,906,914 |
-141,701,386,068 |
-131,056,298,337 |
|
Cash Flows from Financing |
-105,202,687,913 |
40,264,187,704 |
-2,696,004,800 |
|
-Cash Inflows from
Financing |
227,241,557,900 |
247,208,315,970 |
273,338,470,074 |
|
-Cash Outflows from
Financing |
-332,444,245,813 |
-206,944,128,266 |
-276,034,474,874 |
|
Increase/Decrease in
Cash |
-91,842,234,718 |
136,515,827,005 |
-27,881,282,300 |
|
Cash at the Beginning
of Year |
260,786,609,931 |
123,941,988,192 |
151,760,344,068 |
|
Cash at the End of
Year |
169,051,599,749 |
260,786,609,931 |
123,941,988,192 |
|
Main Products & Services |
POWER TRANSMISSION & DISTRIBUTION
BUSINESS - Electric Equipment - Electric Systems AUTOMATION & CONTROL BUSINESS - Automation Equipment - Production control system and traffic control
system INDUSTRIAL EQUIPMENT & MATERIAL
BUSINESS - Electric Power Tools - Tube & Pipes Brand Name : -Master-K -GLOFA SV-IG5/IS5 -M-P3000 -meta-MECEMPR -MASCOM |
|
Detailed Products Spec. |
|
|
Technologies Acquired |
|
|
Suppliers |
LS GLOBAL INCORPORATED.,
LTD.(110111-3359985) WONIL CO.,LTD.(110111-0434938) RHODIA POLYAMIDE CO.,LTD.(110111-1643059) HEESUNG METAL ,LTD.(120111-0003567) POSCORE CO., LTD.(134811-0003343) POSCO(174611-0000741) TOSHIBA ELECTRONICS KOREA CORP.(110111-1650533) KOREA TRONICS INC(176011-0008737) |
|
Customers |
YUHAN KIMBERLY LTD. 14TH FL., HAESEONG BLDG., 942, DAECHI
3-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-528-1855 FAX:+82-2-528-1086 SAMSUNG HEAVY INDUSTRIES CO., LTD. 35TH FL., SAMSUNG LIFE INSURANCE SEOCHO
TOWER, 1321-15, SEOCHO 2-DONG, SEOCHO-GU, SEOUL, KOREA TEL:+82-2-3458-7000 FAX:+82-2-3458-7100 SAMYANG CORPORATION 263, YEONJI-DONG, JONGNO-GU, SEOUL, KOREA TEL:+82-2-740-7114 FAX:+82-2-743-7720 MITSUBISHI ELECTRIC CORP.-JAPAN |
|
Competitors |
ABB LTD. AFFOLTERNSTRASSE 44 PO BOX 8131 ZURICH,
8050 SWITZERLAND TEL:+41-43-3177111 FAX:+41-43-3174420 NISSIN ELECTRIC CO., LTD. 47, UMEZU-TAKASECHO, UKYO-KU KYOTO-SHI, KYT
615-8686 JAPAN TEL:+81-75-8613151 FAX:+81-75-8720742 TAKAOKA ELECTRIC MFG. CO., LTD. 1-7-1 IRIFUNE CHOU-KU, TKY 104-0042 JAPAN TEL:+81-3-42845700 |
|
Affiliates-Domestic |
LS CORP.(110111-0003965) LS CABLE LTD(134111-0168357) 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) POUNTEK LTD.(151111-0022867) GLOBAL CABLE INC.(130111-0008797) ALUTEK LTD.(110111-1479909) JS CABLE CO., LTD(124311-0004327) 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 GLOBAL INCORPORATED.,
LTD.(110111-3359985) 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) DAESUNG ELECTRIC CO., LTD.(110111-01415590 DELTECH CO., LTD.(134911-0010809) ACE R&A CO., LTD. (135111-0047493) TORECOM CORPORATION(135011-0054119) PLANET SYSTEM CO., LTD.(110111-1619745) RECYTECHKOREA CO., LTD.(161511-0044861) TRINNO TECH CO., LTD.(134111-0169397) |
|
Affiliates-Overseas |
LS KONGJO(SHANDONG) CO., LTD-CHINA LS JEONRAM(MUSEOK) CO., LTD-CHINA LS MACHINERY(MUSEOK) CO., LTD-CHINA LS-VINA LS CABLE MALAYSIA LS CABLE(TENJIN) CO., LTD-CHINA LS CABLE AMERICA INC LS SANGMOO(SHANGHAI) CO., LTD-CHINA LS CABLE VIETNAM CO. LTD. LS ELECTRONIC-DEVICES QINGDAO CO. LTD. LEADING SOLUTION CABLE INDIA PVT LTD. LS CABLE UK LTD. LS AGRICULTURAL EQUIPMENT(QINGDAO)CO.LTD CYPRUS INVESTMENTS, INC. SUPERIOR ESEEX INC. LS INDUSTRIAL SYSTEMS(DAIRIAN) CO.,
LTD.-CHINA LS VINA I.S LS INDUSTRIAL SYSTEM ELECTRIC(SHANGHAI)
CO., LTD-CHINA LS INDUSTRIAL SYSTEMS(MUSEOK) CO., LTD.-CHINA LS I.S(MIDDLE EAST) FZE CASCO DALIAN PT E1-PERTAGAS |
|
Overseas Office |
REPRESENTATIVE OFFICE IN HA NOI B8- 4TH FLOOR.HORISON HOTEL 40A CAT LINH
ST. HA NOI, VIETNAM TEL: 844 733 7581 FAX: 844 733 7582 REPRESENTATIVE OFFICE IN HCM CITY FOSCO BUILDING F12.2 PHUNG KHAC KHOAN,
DIST. 1 TEL: 848 825 0247 FAX: 848 822 1310 |
|
Overseas service Networks |
EAMAN TABLO, IRAN NO.6 -14TH ALLEY- NILOOFAR ST. TEHRAN -
IRAN E-MAIL :INFO@EAMENTABLO.COM TEL :98-21-8876-8001 FAX :98-21-8876-8655 ANT MUH. SAN. VE TIC. LTD. STI. PERPA TICARET MERKEZI A BLOK KAT:2 NO: 2-3
OKMEYDANI-ISTANBUL E-MAIL :INFO@ANTMUH.COM TEL :+ 90 (212) 210 93 61 (PBX) FAX :+ 90
(212) 210 93 68 ANIRO, POLAND UL. RYDYGIERA 33D, PL-87-100 TORUN, NIP
879-00-15-453 E-MAIL :ANDRZEJ_LIKSZA@ANIRO.COM.PL TEL :056-657-63 63 FAX :056-645-0103 |
|
Overseas Branch |
SHANGHAI TRADING CORPORATION, CHINA (LS INDUSTRIAL SYSTEMS INTERNATIONAL
TRADING(SHANGHAI) CO., LTD.) ROOM E-G, 12TH FLOOR HUAMIN EMPIRE PLAZA,
NO.726,WEST YAN'AN ROAD SHANGHAI 200050, P.R. CHINA E-MAIL :HUANGXD@LSIS.COM.CN (ADMIN),
HUANGXD@LSIS.COM.CN (ELECTRIC POWER), JINZX@LSIS.COM.CN (AUTOMATION) TEL :86-21-5237-9977(609) (ADMIN),
86-21-5237-9977(101) (ELECTRIC POWER),86-21-5237-7183 (AUTOMATION) FAX :86-21-5237-7191 WUXI BRANCH OFFICE, CHINA (LS INDUSTRIAL SYSTEMS (WUXI) CO., LTD.) 102-A , NATIONAL HIGH & NEW TECH
INDUSTRIAL DEVELOPMENT AREA, WUXI, JIANGSU,214028, P.R. CHINA E-MAIL :LIXL@LSIS.COM.CN TEL :86-510-534-6666(8007) FAX
:86-0510-534-4099 DALIAN CORPORATION, CHINA LS INDUSTRIAL SYSTEMS (DALIAN) CO., LTD. NO. 15 LIAOHEXI 3 ROAD, ECONOMIC AND
TECHNICAL DEVELOPMENT ZONE, DALIAN, CHINA E-MAIL :LIXK@LSIS.COM.CN TEL :86-411-8730-7561 FAX :86-21-5237-7191 TOKYO OFFICE IN JAPAN (LS INDUSTRIAL SYSTEMS TOKYO REP OFFICE) 16F, HIGASHI-KAN, AKASAKA TWIN TOWER 17-22,
2-CHOME, AKASAKA, MINATO-KU TOKYO 107-8470, JAPAN E-MAIL :DONGKINS@LSIS.BIZ TEL :81-3-3582-9128 FAX :81-3-3582-0065 DUBAI BRANCH OFFICE, U.A.E. (LS INDUSTRIAL SYSTEMS DUBAI REP OFFICE) P.O. BOX 114216 API WORLD TOWER 303B,
SHEIKHE JAYED ROAD, DUBAI, U.A.E. E-MAIL :HWYIM@LSIS.BIZ TEL :971-4-3328289 FAX :971-4-3329444 BEIJING BRANCH OFFICE, CHINA (LS INDUSTRIAL SYSTEMS BEIJING OFFICE) B-TOWER 17FL.BEIJING GLOBAL TRADE CENTER
B/D. NO.36, EAST BEISANHUAN-ROAD, DONGCHENG-DISTRICT, BEIJING 100013, P.R.
CHINA E-MAIL :CUIXR@LSIS.COM.CN TEL :86-10-5825-6027 FAX :86-10-5825-6028 |
|
Overseas Branch |
SHANGHAI TRADING CORPORATION, CHINA (LS INDUSTRIAL SYSTEMS INTERNATIONAL
TRADING(SHANGHAI) CO., LTD.) ROOM E-G, 12TH FLOOR HUAMIN EMPIRE PLAZA,
NO.726,WEST YAN'AN ROAD SHANGHAI 200050, P.R. CHINA E-MAIL :HUANGXD@LSIS.COM.CN (ADMIN),
HUANGXD@LSIS.COM.CN (ELECTRIC POWER), JINZX@LSIS.COM.CN (AUTOMATION) TEL :86-21-5237-9977(609) (ADMIN),
86-21-5237-9977(101) (ELECTRIC POWER),86-21-5237-7183 (AUTOMATION) FAX :86-21-5237-7191 WUXI BRANCH OFFICE, CHINA (LS INDUSTRIAL SYSTEMS (WUXI) CO., LTD.) 102-A , NATIONAL HIGH & NEW TECH
INDUSTRIAL DEVELOPMENT AREA, WUXI, JIANGSU,214028, P.R. CHINA E-MAIL :LIXL@LSIS.COM.CN TEL :86-510-534-6666(8007) FAX
:86-0510-534-4099 DALIAN CORPORATION, CHINA LS INDUSTRIAL SYSTEMS (DALIAN) CO., LTD. NO. 15 LIAOHEXI 3 ROAD, ECONOMIC AND
TECHNICAL DEVELOPMENT ZONE, DALIAN, CHINA E-MAIL :LIXK@LSIS.COM.CN TEL :86-411-8730-7561 FAX :86-21-5237-7191 TOKYO OFFICE IN JAPAN (LS INDUSTRIAL SYSTEMS TOKYO REP OFFICE) 16F, HIGASHI-KAN, AKASAKA TWIN TOWER 17-22,
2-CHOME, AKASAKA, MINATO-KU TOKYO 107-8470, JAPAN E-MAIL :DONGKINS@LSIS.BIZ TEL :81-3-3582-9128 FAX :81-3-3582-0065 DUBAI BRANCH OFFICE, U.A.E. (LS INDUSTRIAL SYSTEMS DUBAI REP OFFICE) P.O. BOX 114216 API WORLD TOWER 303B,
SHEIKHE JAYED ROAD, DUBAI, U.A.E. E-MAIL :HWYIM@LSIS.BIZ TEL :971-4-3328289 FAX :971-4-3329444 BEIJING BRANCH OFFICE, CHINA (LS INDUSTRIAL SYSTEMS BEIJING OFFICE) B-TOWER 17FL.BEIJING GLOBAL TRADE CENTER
B/D. NO.36, EAST BEISANHUAN-ROAD, DONGCHENG-DISTRICT, BEIJING 100013, P.R.
CHINA E-MAIL :CUIXR@LSIS.COM.CN TEL :86-10-5825-6027 FAX :86-10-5825-6028 |
|
Overseas Branch |
GUANGZHOU BRANCH OFFICE, CHINA (LS INDUSTRIAL SYSTEMS GUANGZHOU OFFICE) ROOM 1403, 14F, NEW POLY TOWER, 2 ZHONGSHAN
LIU ROAD, GUANGZHOU, CHINA E-MAIL :ZHANGCH@LSIS.COM.CN TEL
:86-20-8326-6754/6764/6774/6784/6794
FAX :86-20-8326-6287 CHENGDU BRANCH OFFICE, CHINA 12FLOOR, GUODONG BUIDING, NO52 JINDUN ROAD
CHENGDU, 610041, P.R. CHINA E-MAIL :HONGKONK@VIP.163.COM TEL :86-28-8612-9151(9226) FAX
:86-28-8612-9236 QINGDAO BRANCH OFFICE, CHINA (LS INDUSTRIAL SYSTEMS QINGDAO OFFICE) YINHE BLDG. 402 ROOM, NO.29, SHANDONG ROAD,
QINGDAO-CITY, SHANDONG-PROVINCE, 266071, P.R. CHINA E-MAIL :BELLKUK@HANMAIL.NET TEL :86-532-8501-6568 FAX :86-532-8501-6057 SHANGHAI BRANCH OFFICE, CHINA (LS INDUSTRIAL SYSTEMS SHANGHAI OFFICE) ROOM E-G, 12TH FLOOR HUAMIN EMPIRE PLAZA,
NO.726, WEST YAN'AN ROAD SHANGHAI 200050, P.R. CHINA TEL :86-21-5237-7187 FAX :86-21-5237-7192 HANOI CORPORATION, VIETNAM (LS VINA INDUSTRIAL SYSTEMS CO.,
LTD.)&(LS INDUSTRIAL SYSTEMS HANOI OFFICE) LS INDUSTRIAL SYSTEMS VINA CONGTY CHE TAO
MAY DIEN VIET-HUNG DONG ANH, HANOI, VIETNAM ROOM C21, 5TH FLOOR, HORISON HOTEL, 40 CAT
LINH, HANOI, VIETNAM E-MAIL :SRJO@HH.VNN.VN TEL :84-4-882-0222(LS-VINA),
84-4-736-6270/1(HANOI OFFICE) FAX :84-4-882-0220(LS-VINA),
84-4-736-6269(HANOI OFFICE) |
|
Joint Venture |
LS-VINA INDUSTRIAL SYSTEMS CO., LTD. |
|
Subsidiary |
LSMECAPION CO., LTD.(170111-0178807) LS-SAUTER CO., LTD.(110111-1424938) LS METAL CO., LTD.(110111-4321602) |
|
Corporate Ownership |
|
|
Major Shareholders |
|
|
Cooperative Enterprise |
-Insured Company LIG INSURANCE CO., LTD.(110111-0017859) |
The Subject deals with the companies in China, Japan, USA and Europe.
There are 8 cases
filed as Plaintiff(s)/ Creditor(s)/ Applicant(s) amounting 14,486,000,000 KRW and
19 cases filed as Defendant(s)/ Debtor(s)/ Respondent(s) amounting
42,920,000,000 KRW as of 09/30/2015.
------------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.09 |
|
|
1 |
Rs.101.04 |
|
Euro |
1 |
Rs.70.86 |
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
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.