|
Report No. : |
343770 |
|
Report Date : |
02.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
HANWHA CORPORATION |
|
|
|
|
Registered Office : |
86, Cheonggyecheon-ro, Jung-gu, Seoul |
|
|
|
|
Country : |
Korea (South) |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
28.10.1952 |
|
|
|
|
Com. Reg. No.: |
202-81-16825 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacture of Explosives and Pyrotechnic Products. |
|
|
|
|
No. of Employee : |
5,556 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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) |
|
Korea (South) |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
KOREA (SOUTH) 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 AsianFINANCIAL 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 FreeTRADE 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 |
HANWHA CORPORATION (Trade Name : HWC) |
|
Registered Address |
86, Cheonggyecheon-ro, Jung-gu, Seoul,
Korea |
|
Building |
24th Fl., Hanwha Bldg. |
|
Zip Code |
04541 |
|
Tel |
+82-2-729-1114 |
|
Fax |
+82-2-729-1762 |
|
E-mail |
hanwhacorp@hanwha.co.kr;calmmoon@hanwha.co.kr;swhong26@hanwha.co.kr |
|
Website |
www.hanwhacorp.co.kr |
|
Trading Address |
86, Cheonggyecheon-ro, Jung-gu, Seoul,
Korea (Old Address System : 24th Fl., Hanwha
Bldg., 1, Janggyo-dong, Jung-gu, Seoul, Korea (C.P.O Box 7423 Seoul)) |
|
Tel |
+82-2-729-1114 |
|
Fax |
+82-2-729-1762 |
|
Other Address-Asan Factory |
15-2 Block, Asan Technovalley, San 21-9, Seokgok-ri, Dunpo-myeon,
Asan-si, Chungcheongnam-do, Korea |
|
Tel |
+82-41-538-7552 |
|
Fax |
|
|
Other Address-Changwon Factory |
39, Ungnam-dong, Changwon-si, Gyeongnam-do
641-290 Korea |
|
Tel |
+82-55-278-2880 |
|
Fax |
|
|
Other Address-Gumi Factory |
258, Gongdan-dong, Gumi-si, Gyeongbuk-do
730-030 Korea |
|
Tel |
+82-54-467-8500 |
|
Fax |
|
|
Other Address-Daejeon Factory |
52-1, Waesam-dong, Yuseong-gu, Daejeon
305-156 Korea |
|
Tel |
+82-42-829-2255 |
|
Fax |
|
|
Other Address-Incheon Factory |
50, Gojan-dong, Namdong-gu, Incheon 405-310
Korea |
|
Tel |
+82-32-460-1114 |
|
Fax |
+82-32-446-1889 |
|
Other Address-Yeosu Factor |
805, Sinwol-dong, Yeosu-si, Jeonnam-do
550-190 Korea |
|
Tel |
+82-61-640-1114 |
|
Fax |
|
|
Other Address-Cheonan Factory |
402-1, Sinwol-ri, Seongkeo-eup, Cheonan-si,
Chungnam-do 330-834 Korea |
|
Tel |
+82-41-580-3800 |
|
Fax |
|
|
Other Address-Boeun Factory |
111, Eomdun-ri, Naebuk-myeon, Boeun-gun,
Chungbuk-do 376-812 Korea |
|
Tel |
+82-43-540-0114 |
|
Fax |
|
|
Other Address-Onsan Factory |
753, Wonsan-ri, Onsan-eup, Ulju-gun, Ulsan
689-892 Korea |
|
Tel |
+82-52-237-6512 |
|
Fax |
|
|
Other Address-Yeongnam Business Dept. |
127-8, Gamjeon-dong, Sasang-gu, Busan
617-250 Korea |
|
Tel |
+82-51-312-9955 |
|
Fax |
|
|
Other Address-Donghae Branch |
San 24, Mangsang-dong, Donghae-si,
Gangwon-do 240-080 Korea |
|
Tel |
+82-33-532-2747 |
|
Fax |
|
|
Other Address-Taeback Branch |
253-119, Hwangji-dong, Taeback-si,
Gangwon-do 235-010 Korea |
|
Tel |
+82-33-552-2410 |
|
Fax |
+82-33-552-3664 |
|
Other Address-Gwangju Branch |
1352, Songjeon 2-dong, Gwangsan-gu,
Gwangju 506-807 Korea |
|
Tel |
+82-62-942-8011 |
|
Fax |
|
|
Other Address- Busan Branch |
47, Daechang-dong 1-ga, Jung-gu, Busan
600-101 Korea |
|
Tel |
+82-51-469-6066 |
|
Fax |
|
|
Other Address-Cheonan Branch |
89, Namgwan-ri, Pungse-myeon, Cheonan-si,
Chungnam-do 330-911 Korea |
|
Tel |
+82-41-578-7224 |
|
Fax |
|
|
Other Address-Jecheon Branch |
169-1, Sigok-ri, Songhak-myeon, Jechon-si,
Chungbuk-do 390-813 Korea |
|
Tel |
+82-43-647-3644 |
|
Fax |
|
|
Other Address-Guro Business Office |
52-357, Gocheok-dong, Guro-gu, Seoul
152-080 Korea |
|
Tel |
+82-2-2689-1404 |
|
Fax |
|
|
Other Address-Goyang Branch |
San 118, Yongdu-dong, Deokyang-gu, Goyang-si,
Gyeonggi-do 412-110 Korea |
|
Tel |
+82-2-353-1770 |
|
Fax |
|
|
Other Address-Jeomchon Branch |
524-1, Gongpyeong-dong, Mungyeong-si,
Gyeongbuk-do 745-150 Korea |
|
Tel |
+82-54-552-2318 |
|
Fax |
|
|
Type |
Export/Import |
|
Industry |
Manufacture of Explosives and Pyrotechnic Products |
|
Main Business |
Industrial Explosive, Network Equipment, CDMA |
|
Sub
Business |
|
|
Established (mm/dd/yyyy) |
10/28/1952 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Explosive initiators(12131704) |
|
Sell |
Polyvinyl Chloride PVC(13102030) |
|
Sell |
Dynamite(12131501) |
|
Sell |
Fireworks(12131601) |
|
Sell |
Igniters(12131700) |
|
Sell |
Gold(11101801) |
|
Sell |
Bombs and grenades(46111500) |
|
Sell |
Stainless steel plate(30102205) |
|
Sell |
Bearings(31171500) |
|
Sell |
Newsprint and offset papers(14121900) |
|
Sell |
Coated papers(14121800) |
|
Sell |
Art or craft paper(14111606) |
|
Sell |
Pyrotechnics(12131600) |
|
Sell |
Blasting caps(12131701) |
|
Sell |
Metal and mineral industries(73120000) |
|
Sell |
Organic derivatives and substituted
compounds(12352100) |
|
Sell |
Ammonia(12142103) |
|
Sell |
International trade services(80151600) |
|
Sell |
Printing and writing paper(14111500) |
|
Sell |
Inorganic compounds(12352300) |
|
Sell |
Meat and poultry(50111500) |
|
Sell |
Airbags(25172101) |
|
Sell |
Demolition services(72103003) |
|
Sell |
Civil engineering(81101500) |
|
Sell |
Lip balm(53131630) |
|
Name |
Park Jae-Hong |
|
Address |
|
|
Date of Birth |
02/1958 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
377,190,145,000 |
||||||||||||||||||||||||||||||||||||
|
Employees |
5,556 |
||||||||||||||||||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange: 000880) as of 06/25/1976 A Company of HANWHA GROUP |
||||||||||||||||||||||||||||||||||||
|
Bank Details |
Woori Bank- Euljiro 1-Ga Branch Korea Development Bank KEB Hana Bank Kookmin Bank Shinhan Bank |
||||||||||||||||||||||||||||||||||||
|
Corporate Registered No. |
110111-0002959 |
||||||||||||||||||||||||||||||||||||
|
Business Registered No. |
202-81-16825 |
||||||||||||||||||||||||||||||||||||
|
Permit & Licenses |
09/1995 ISO 9002 Int’l Trade No.: 672438 |
||||||||||||||||||||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||||||||||||||||||||
|
Company History |
06/25/2014 Decided to acquire Business
Division of HANWHA TECHM CO.,LTD (194211-0056095) as of 10/01/2014 12/31/2012 Transferred Aerospace Business
to HANWHA
TECHM CO., LTD.(194211-0056095) 10/01/2010 Acquired MICROAEROBOT
CO., LTD.(110111-2798069) 12/02/2008 Awarded US$2 Billion Export Top
Prize 04/01/2008 Acquired CENTEC.CO.,
LTD(180111-0157403) 01/23/2008 Acquired Sentec Co., Ltd. 07/2007 Participated in Yemen’s 4 Zone Oil
Development Project 05/2005 Signed business agreement to
develop the land for the Incheon factory 11/2003 Sold Information &
Communications Division’s Switchboard Unit 06/2003 Sold Information &
Communications Division’s Mobile Communications Unit 04/2003 Formally announced ethical
management initiative 07/2002 Spun-off Construction Division
(Hanwha Engineering & Construction Co.) and Machi 03/2002 Sold Information &
Communications Division’s Transmission Operations Unit and u 12/2001 Acquired Defense Product Unit from
Daewoo Electronics (currently the Gumi factor 03/2001 Spun-off Information Division
(Hanwha S&C) 09/2000 Machinery Division acquired
aircraft components factory (CheonanFactory) 12/1999 Spun-off Pharmaceutical Division
(H-Pharm Co.) 12/1999 Spun-off Power Generation Division
(Hanwha Energy Co.) 09/1999 Acquired Power Generation Unit from
Korea Energy (formerly Hanwha Energy) 12/1998 Incorporated with Hanwha Machine
Co. (Machinery Division) 11/1998 Awarded the Silver Tower Industrial
Medal and the $1 Billion Export Tower award 01/1996 Incorporated with Hanwha Electronic
Information & Communication Co. (Information 02/1996 Incorporated with Duksan
Construction Co. (Construction Division) 12/1995 Assumed operations of Central
Pharmacy 09/1995 Received ISO 9002 certification 01/1995 Incorporated with Golden Bell
Trading Co. (Trade Division) 03/1993 Officially became Hanwha
Corporation 05/1992 Completed construction of Nitrate
Manufacturing Plant in Incheon 01/1991 Completed construction of Boeun
factory 11/1990 Received Korea Productivity Grand
Prize 01/1989 Sold Kimpo Ceramics’ Factory 01/1988 Incorporated with Sanda Co.
(currently the Explosives Division’s Changwon facto 07/1987 Acquired Daejeon factory 04/1984 Acquired Kimpo Ceramics’ factory 11/1982 Awarded the Gold Tower Industrial
Medal and the $100 Million Export Tower award 12/1979 Established Central Research
Institute 08/1978 Completed construction of Yeosu
Factory 06/1976 Company’s IPO (Capital stock: KRW
3.274 million) 05/1974 Officially designated as a Defense
Contractor 01/1955 Acquired Chosun Oil & Fat
Company’s Incheon factory 01/1952 Incorporated as Korea Explosive
Co., Ltd. |
||||||||||||||||||||||||||||||||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
President & CEO / Int’l
Trading |
Mr. |
Park Jae-Hong |
Korean |
1958.02. |
Hanyang University, Korea |
|
President & CEO / Machinery |
Mr. |
Kim Yeon-Cheol |
Korean |
1961.12. |
Yonsei University, Korea |
|
Sr. Executive Director & CEO
/ Chemicals |
Mr. |
Choi Yang-Soo |
Korean |
1958.07. |
Sungkyunkwan University, Korea |
|
Outside Director |
Mr. |
Hwang Eui-Don |
Korean |
1953.12. |
Korea Army Academy |
|
Outside Director |
Mr. |
Choi Jung-Ho |
Korean |
1954.10. |
Pennsylvania University, USA |
|
Outside Director |
Mr. |
Kang Seok-Hoon |
Korean |
1963.08. |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Noh Sun-Ho |
Korean |
1957.02. |
Seogang University, Korea |
|
Outside Director |
Mr. |
Hong Jong-Ho |
Korean |
1940.01. |
Seoul National University, Korea |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
(*)06/2015 |
2,437,636,887,266 |
7,805,779,746,260 |
58,041,042,018 |
|
(*)2014 |
5,057,047,289,914 |
6,588,237,591,955 |
95,381,197,559 |
|
(*)2013 |
5,340,878,642,018 |
6,276,925,505,532 |
53,810,154,027 |
|
(*)2012 |
5,242,016,462,365 |
5,947,456,856,907 |
69,286,562,024 |
|
(*)2011 |
5,426,939,000,000 |
6,160,600,000,000 |
69,558,000,000 |
|
2010 |
5,230,965,000,000 |
6,044,104,000,000 |
129,870,000,000 |
|
2009 |
4,675,860,457,962 |
5,649,188,742,823 |
561,470,674,214 |
|
2008 |
4,942,288,330,531 |
5,207,421,767,749 |
293,413,143,362 |
|
2007 |
3,466,903,819,977 |
4,195,706,697,459 |
215,850,116,823 |
|
2006 |
2,293,081,639,543 |
4,205,878,343,488 |
272,854,639,481 |
|
2005 |
2,150,672,516,399 |
3,448,001,532,340 |
114,157,122,401 |
|
2004 |
2,378,598,196,724 |
3,384,245,709,314 |
241,737,091,895 |
|
2003 |
2,200,754,855,949 |
2,513,734,991,708 |
70,206,212,572 |
(*)Figures are
based on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
1,000,000,000,000 |
|
Paid-Up Capital(KRW) |
377,190,145,000 |
|
Total Issues Shares |
75,438,029 |
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Total
Assets |
7,805,779,746,260 |
6,588,237,591,955 |
6,276,925,505,532 |
|
Current Assets |
2,227,824,583,277 |
1,859,249,801,231 |
1,639,085,299,218 |
|
Cash
& Cash Equivalents |
62,721,524,737 |
48,914,486,419 |
94,723,102,517 |
|
Marketable
Financial Instruments |
2,425,369,293 |
2,379,220,919 |
35,491,108 |
|
Trade
Receivables & Other Receivables |
1,276,065,582,344 |
974,048,417,237 |
921,849,434,477 |
|
Other
Finance Assets |
34,642,339,178 |
35,485,647,896 |
22,845,020,062 |
|
Other
Current Assets |
146,580,739,543 |
143,950,610,369 |
95,665,150,949 |
|
Inventories |
695,095,958,831 |
654,471,418,391 |
503,967,100,105 |
|
Marketable Assets |
10,293,069,351 |
- |
|
|
Non-Current Assets |
5,577,955,162,983 |
4,728,987,790,724 |
4,637,840,206,314 |
|
Marketable
Financial Instruments |
7,561,572,236 |
7,706,653,682 |
8,454,267,262 |
|
Trade
Payables & Other Payables |
573,358,284 |
- |
- |
|
Other
Finance Assets |
50,889,613,804 |
41,686,935,060 |
32,661,281,674 |
|
Investment_Related
Companies |
4,440,333,393,186 |
3,615,193,080,859 |
3,681,464,257,333 |
|
Investment_Real
Estates |
18,921,805,221 |
32,056,837,863 |
44,405,540,108 |
|
Tangibles |
948,450,297,004 |
918,810,973,798 |
771,373,151,769 |
|
Intangibles |
105,484,051,379 |
107,715,340,135 |
95,085,103,744 |
|
Other
Non-Current Assets |
5,741,071,869 |
5,817,969,327 |
4,396,604,424 |
|
Total Liabilities |
5,101,626,743,122 |
3,907,360,492,293 |
3,642,694,962,140 |
|
Current Liabilities |
2,868,455,108,307 |
2,188,272,359,263 |
2,327,038,816,869 |
|
Trade Payables & Other Payables |
728,009,889,673 |
928,063,622,566 |
954,960,661,726 |
|
Long-Term
Borrowings |
1,556,778,779,835 |
818,499,563,721 |
1,129,359,201,310 |
|
Other
Non-Current Financial Debts |
54,883,968,051 |
50,452,627,814 |
38,936,894,654 |
|
Other Current Liabilities |
512,440,285,273 |
307,786,152,894 |
177,217,009,740 |
|
Current Provisions |
- |
51,690,000,000 |
6,560,000,000 |
|
Deferred
Income Tax Credit |
16,342,185,475 |
31,780,392,268 |
20,005,049,439 |
|
Non-Current Liabilities |
2,233,171,634,815 |
1,719,088,133,030 |
1,315,656,145,271 |
|
Long-Term
Trade Payables & Other Payables |
359,895,887,376 |
14,048,472,690 |
12,948,963,143 |
|
Long-Term
Borrowings |
1,365,879,037,934 |
1,201,908,775,001 |
871,892,178,447 |
|
Other Finance Liabilities |
3,436,270,443 |
3,483,138,916 |
3,512,259,864 |
|
Confirmed Salaries |
246,401,253,396 |
236,260,273,417 |
172,739,651,552 |
|
Provision |
12,941,919,863 |
11,013,546,060 |
4,133,055,000 |
|
Other Non-Current Liabilities |
5,764,366 |
5,764,366 |
- |
|
Deferred
Income Tax Credit |
244,611,501,437 |
252,368,162,580 |
250,430,037,265 |
|
Capital Stock |
377,190,145,000 |
377,190,145,000 |
377,190,145,000 |
|
Capital
Surplus |
337,737,690,216 |
337,737,690,216 |
339,257,038,334 |
|
Installments |
-20,751,089,414 |
-20,751,089,414 |
-20,751,089,414 |
|
Installments |
-631,398,095 |
-669,238,753 |
-687,308,967 |
|
Profit
Surplus |
2,010,607,655,431 |
1,987,369,592,613 |
1,939,221,758,439 |
|
Total
Equity |
2,704,153,003,138 |
2,680,877,099,662 |
2,634,230,543,392 |
|
Liab.
& Shareholder’s Equity |
7,805,779,746,260 |
6,588,237,591,955 |
6,276,925,505,532 |
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Sales |
2,437,636,887,266 |
5,057,047,289,914 |
5,340,878,642,018 |
|
Cost of Sold Goods |
2,215,913,046,513 |
4,627,674,955,587 |
4,908,055,104,323 |
|
Gross Profit |
221,723,840,753 |
429,372,334,327 |
432,823,537,695 |
|
Selling & Admin. Expenses |
156,894,716,976 |
269,022,545,893 |
320,774,177,270 |
|
Operating Income |
64,829,123,777 |
160,349,788,434 |
112,049,360,425 |
|
Other Income |
105,533,997,493 |
289,579,882,894 |
132,791,683,421 |
|
Other Expenses |
116,673,962,899 |
286,800,472,660 |
187,426,650,522 |
|
Finance Income |
60,181,850,140 |
49,119,127,955 |
74,827,295,958 |
|
Finance Expenses |
42,530,579,796 |
80,304,814,602 |
79,757,345,550 |
|
Income Before Taxes |
71,340,428,715 |
131,943,512,021 |
52,484,343,732 |
|
Income Taxes Expenses |
13,299,386,697 |
36,562,314,462 |
-1,325,810,295 |
|
Net Income |
58,041,042,018 |
95,381,197,559 |
53,810,154,027 |
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Operating
Activities Cash Flows |
-320,025,341,615 |
221,915,334,266 |
317,836,044,564 |
|
Cash Flows from Operating |
-283,519,005,927 |
231,767,383,236 |
317,711,527,099 |
|
Income Taxes |
-36,506,335,688 |
-9,852,048,970 |
124,517,465 |
|
Cash Flows from Investing |
-485,576,956,973 |
-77,561,970,122 |
-169,927,634,953 |
|
Cash Flows from Financing |
819,409,336,906 |
-190,161,980,242 |
-122,263,202,731 |
|
Increase/Decrease in Cash |
13,807,038,318 |
-45,808,616,098 |
25,645,206,880 |
|
Cash at the Beginning of Year |
48,914,486,419 |
94,723,102,517 |
69,077,895,637 |
|
Cash at the End of Year |
62,721,524,737 |
48,914,486,419 |
94,723,102,517 |
|
Main Products & Services |
EXPLOSIVES BUSINESS Explosives -Explosives -Accessories Nitric Products -Nitric Acid -Ammonia Defense Products -Guided Weaponry -Rockets -Illumination Cartridges -Grenades -Fuzes -High Explosives -Propellants -Undersea Equipment Inflators -Driver's Seat -Passenger Seat -Sides Fireworks -Nighttime Fireworks -Daytime Fireworks -Ground Fireworks -Special Effects -Signals Aerospace Products -Fixed Wing -Rotary Wing -Space Brand Name: MegaMite, Hanwha, NewMITE Plus |
|
Main Products & Services |
MegaMite is a nitroglycol-based gelatin dynamite with good water- and
cold-resistance. The unparalleled detonation power and velocity makes it an
all-purpose explosives for both soft and super hard rocks. In particular, it
is suitable to blow up hard and super hard rocks that are hardly affected by
emulsion explosives. HiDETO Plus is an electric detonator with RDX 650mg as its base
charge, and is used to detonate a blast hole electrically. There are
basically two types of products: MS(Millisecond) delay detonators with a
stage-to-stage interval of 20ms and LP(Long Period) delay detonators with a
stage-to-stage interval of 100∼500ms. They are
generally effective both for open-area and underground blasting. Also, their
excellent millisecond precision is effective in minimizing the blasting
vibration and improving fragmentation. With the coloring of leg wires, shell
bodies, etc. they are extremely easy to discern. Driver's Seat In 2001, Hanwha completed the localization of two kinds of inflators
through technology cooperation with TRW. The two are: FG inflator that uses
Azide as the explosive facilitating the generation of gas to inflate the
airbag; and the ADI inflator that uses non-Azide, an environment friendly
product. Currently, these products are manufactured at the Hanwha Boeun
factory which is the only inflator manufacturer in Korea. Passenger Seat The representative products are PPI3 and PHI-2. PPI3 uses non-Azide
propellant as the main source of gas generation to inflate airbags while PHI2
uses compressed inert gas. These products are manufactured at TRW. In Korea,
the installation of passenger-side airbags is increasing rapidly in order to
enhance vehicle safety. Sides It uses compressed inert gas to inflate side airbags and is currently
manufactured at TRW of Germany. The demand for inflators for side airbags is
expected to increase in Korea in order to increase vehicle safety. Korean Fighter Program HANWHA was designated as a specialized FCISA(Flight Control Integrated
Servo Actuator) supplier for KFP program by Korea MND and successfully
delivered to KAI. We fully support our customer, ROKAF, by repair and
overhaul. |
|
Main Products & Services |
TRADE BUSINESS Petroleum Petrochemicals Plastic Resin Chemicals -Inorganic -Organic Chemical -Chemical Export Transportation Equipment Metals Bearings Machinery Equipment -Pneumetic -General Purpose Valves -Bush -LM Defense Products -Ammunitions -Rockets -Fuzes -Propelling Charges -Hand Grenades and Mines -Bombs and Demolitions -Other Suppliable Defense Livestock -Beef -Pork Salt Plastic Products Papers Cut Flowers |
|
Detailed Products Spec. |
-- |
|
Technologies Acquired |
-- |
|
Suppliers |
HUCHEMS FINE CHEMICAL CORPORATION 5 FL., KUKDONG BLDG., 60-1, CHUNGMURO 3-GA,
JUNG-GU, SEOUL 100-705 KOREA TEL: 82-2-2262-0600 FAX: 82-2-2265-9381 INDUSTRY: MANUFACTURE OF ALL OTHER CHEMICAL
PRODUCTS N.E.C. TAEYOUNG INDUSTRY CORPORATION 1-1, YONGJAM-DONG, NAM-GU, ULSAN 680-070
KOREA TEL: 82-52-228-3300 FAX: 82-52-228-3388 INDUSTRY: WATER FREIGHT HANDLING HANWHA CHEMICAL CORPORATION HANWHA LIVING &CREATIVE CORPORATION HANWHA ENGINEERING & CONSTRUCTION
CORPORATION YEOCHUN NAPHTHA CRACKING CENTER CO., LTD. HANWHA S & C CO., LTD. TRW |
|
Customers |
DEFENSE PROCUREMENT AGENCY HANWHA CHEMICAL CORPORATION HANWHA LIVING &CREATIVE CORPORATION HANWHA ENGINEERING & CONSTRUCTION
CORPORATION YEOCHUN NAPHTHA CRACKING CENTER CO., LTD. HANWHA S & C CO., LTD. NOVELIS KOREA LIMITED(175611-0003950) HANWHA INTERNATIONAL (S) PTE
LTD.(SINGAPORE) HYUNDAI CONSTRUCTION EQUIPMENT USA
INC.(USA) MARUBENI CORPORATION TOKYO(JAPAN) |
|
Competitors |
SK NETWORKS CO.,
LTD. 4, PYEONG-DONG, GWONSEON-GU, SUWON-SI, GYEONGII-DO
441-230 KOREA TEL:+82-2-2221-2016 FAX:+82-2-2221-0080 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 LG INTERNATIONAL
CORP. 12 FL., LG TWIN TOWER EAST ANNEX, 20,
YEOUIDO-DONG, YEONGDEUNGPO-GU, SEOUL 150-721 KOREA TEL:+82-2-3773-5114 FAX:+82-2-3773-5446 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 |
|
Affiliates-Domestics |
HANWHA CHEMICAL CORPORATION
(110111-0360935) HANWHA TIMEWORLD CO., LTD. (160111-0003410) HANWHA SECURITIES CO.,LTD (110111-0003155) HANWHA NON-LIFE INSURANCE CO., LTD.
(110111-0006456) HANWHA L&C CORPORATION(110111-1725930) HANWHA POLYDREAMER CO.,LTD (161511-0001861) HANWHA STATION DEVELOPMENT CO., LTD.
(110111-0544133) HANWHA CHONGNYANGNI STATION DEVELOPMENT
CO., LTD. (110111-3008376) HANWHA INVESTMENT TRUST MANAGEMENT CO.,
LTD. (110111-0571201) HANWHA VC CORP. (110111-1912909) KLI INSURANCE INVESTIGATION CO., LTD.
(110111-3192913) KOREA TELE MARKETING & SERVICES CO.,
LTD (110111-3199349) RADISSON SEOUL PLAZA HOTEL (110111-0154776) HAN COMM. INC. (110111-0362957) ENVIRONMENT FACILITIES MANAGEMENT
CORPORATION (141411-0006564) DREAMPHARMA CORP. (110111-1181025) HANWHA S&C CO., LTD (110111-2204470) GUNPO ECOTECH CORPORATION (110111-2629941) HANWHA 63 CITY CORPORATION (110111-0425622) DAEDEOK TECHNO VALLEY CO., LTD (160111-0115059) YANGJU ENVIRO CORPORATION (110111-2503244) HANWHA CITY DEVELOPMENT CO.,LTD
(160111-0182230) KUMDAN ECOTECH CORPORATION (110111-3205659) HANWHA GALLERIA CO., LTD.( 110111-0202989) HANWHA Q CELLS KOREA CORP.(110111-4572619) HANWHA TOUR HANWHA RESORT CO.,LTD (110111-0249709) KOREA LIFE INSURANCE CO.,LTD
(110111-0003204) HANWHA EAGLES PROFESSIONAL BASEBALL CLUB
(160111-0007214) DANGJIN TECHNO POLIS CO.,
LTD(165011-0022657) AZDEL INC. HANWHA INDEPENDENT ENERGY
CORPORATION(110111-3780932) GIMHAE TECHNO VALLEY
CO.,LTD.(195511-0120447) HANWHA CHEMICAL OVERSEAS HOLDINGS, CO.,
LTD.(110111-4137207) |
|
Affiliates-Overseas |
KOREA LIFE INVESTMENT (AMERICA) LTD. HANWHA (SHANGHAI) CO., LTD. HANWHA CHEMICAL THAILAND. MAXFORMA INCORPORATED. UNION INDUSTRIAL DEVELOPMENT INC. BOR DEVELOPMENT LLC. MAXFORMA HOLDINGS INCORPORATED MAXFORMA PLASTICS LLC. HANWHA CHEMICAL (BEIJING) CO., LTD. HANWHA CHEMICAL (SHANGHAI) CO., LTD. UNIVERSAL BEARINGS INC. HANWHA AMERICA DEVELOPMENT INC. HANWHA LANCASTER LLC. HANWHA DEVELOPMENT SERVICES LLC. LANCASTER DEVELOPMENT GROUP LLC. HANWHA INTERNATIONAL(S) PTE LTD. MGM RT. ACROPARK GOLF CORP. HANWHA BANK HUNGARY LTD. HANWHA FIRST INVESTMENT CO.,BV HANWHA CHANDLER LLC. CHANDLER LLC. HANWHA SONORAN LLC. SONORAN VISTA LLC. HANWHA SAUDI CONTRACTING CO. LTD. HANWHA RESOURCES (CANADA) LTD. HANWHA L&C CANADA INC. HANWHA PARCEL LLC HANWHA INTERNACIONAL DO BRASIL
INTERMEDIACOES DE NEGOCIOS LTDA. HANWHA CORSICANA LLC HANWHA PARCEL O LLC HANWHA Q CELLS JAPAN CO., LTD. HANWHA LIFE INSURANCE COMPANY LIMITED. (VIETNAM) HANWHA SOLARONE TECHNOLOGY CO., LTD. HANWHA SOLARONE (QIDONG) CO., LTD. HANWHA SOLARONE HONG KONG LIMITED HANWHA SOLARONE INVESTMENT HOLDING LTD. HANWHA SOLARONE CO., LTD. |
|
Overseas Office |
HANWHA CORPORATION BEIJING REPRESENTATIVE OFFICE 1804 CAPITAL TOWER BUILDING TOWER A&B
NO.6 JIA JIANGUOMENWAI AVENUE, CHAOYANG DISTRICT, BEIJING, CHINA TEL :+86-10-6517-0012 FAX :+86-10-6517-0025 HANWHA CORPORATION GUANGZHOU REPRESENTATIVE OFFICE RM 1903, WEST TOWER, FORTUNE PLAZA,
#114-118, TIYUNDONG ROAD, GUANGZHOU, CHINA TEL :+86-20 -3893-1567 FAX :+86-20-
3893-2760 HANWHA CORPORATION SHANTOU REPRESENTATIVE OFFICE RM 6-03, 6F MERITUS HOTEL, JINDHA ROAD,
SHANTOU, CHINA TEL :+86-754-8863-3006 FAX 86-754-8863-4209 HANWHA CORPORATION URUMQI REPRESENTATIVE OFFICE 11TH FLOOR, ”D”RM FOUNTAIN PLAZA, #86
ZHONG-SHAN ROAD, URUMQI, XINJIANG, CHINA TEL :+86-991-282-2512,2513 FAX
:+86-991-236-3796 HANWHA CORPORATION SHENZHEN REPRESENTATIVE OFFICE RM 22E2, TIMES PLAZA, NO.1 TAIZI ROAD,
SHEKOU, SHENZHEN, CHINA TEL :+86-755- 2667-3782 FAX :+86-755-
2667-3719 HANWHA CORPORATION SHENYANG REPRESENTATIVE OFFICE RM 1702, TOWER2, SHENYANG CITY PLAZA,
NO.206, NANJING NORTH ST., HEPING DIST, SHENYANG, CHINA TEL :+86-24- 2334-1065 FAX
:+86-24-2334-1096 |
|
Overseas Office |
HANWHA CORPORATION TAIPEI REPRESENTATIVE OFFICE 8F-4, 207, TUN-HWAN ROAD, TAIPEI, TAIWAN TEL :+886-22-547-3355 FAX :+886-22-546-9955 HANWHA CORPORATION JAKARTA REPRESENTATIVE OFFICE S.WIDJOJO BUILDING 9TH FLOOR, JL.JEND.
SUDIRMAN 71, JAKARTA 12190, INDONESIA TEL :+62-21-520-5815 FAX :+62-21-520-5810 HANWHA CORPORATION HO CHI MINH REPRESENTATIVE OFFICE SAIGON RIVERSIDE OFFICE CENTER 15FL, ROOM
1504 2A-4A TON DUC THANG ST., DIST.1., HCMC, VIETNAM TEL :+84-8-822-7301 FAX :+84-8-822-7302 HANWHA CORPORATION MANILA REPRESENTATIVE OFFICE 168 GOLDEN ROCK BLDG. 4TH FLOOR UNIT 4012
168 SALCEDO ST. LEGASPI VILLAGE, MAKATI CITY, PHILIPPINES 1229 TEL :+63-2-840-1330 FAX :+63-2-893-9482 HANWHA CORPORATION ATHENS REPRESENTATIVE OFFICE RIZARIOU 2A AND MIKRAS ASIAS 66, CHALANDRI,
15233, ATHENS, GREECE TEL :+30-210-685-8280 FAX :+30-210-685-8240 HANWHA CORPORATION MOSCOW REPRESENTATIVE OFFICE LENINSKY PROSPEKT 113 / 1, PARK PLACE
BUSINESS CENTER, OFFICE 212D MOSCOW 117198, RUSSIA TEL :+7-495-662-3001~2 FAX :+7-495-662-3003 |
|
Liaison Office |
-- |
|
Overseas Branch |
-- |
|
Joint Venture |
-- |
|
Subsidiary |
HANWHA CHEMICAL CORPORATION
(110111-0360935) (36.52% held by the subject company) HANWHA LIFE INSURANCE CO.,
LTD.(110111-0003204) (21.67% held by the subject company) HANWHA TECHWIN CO.,LTD.(194211-0000480) (32.35% held by the subject company) HANWHA E&C CO., LTD.(110111-2558405) (93.6% held by the subject company) HANWHA HOTELS & RESORTS
CO.,LTD.(110111-0249709) (50.62% held by the subject company) HANWHA Q CELLS KOREA CORP.(110111-4572619) (41.0% held by the subject company) HANWHA TECHM CO.,LTD (194211-0056095) (100.0% held by the subject company) HANWHA AGRITECH LTD.(HONG KONG) (100.0% held by the subject company) HANWHA HOLDINGS (USA) INC.(USA) (0.58% held by the subject company) HANWHA HONGKONG CO.,LTD.(HONG KONG) (100.0% held by the subject company) HANWHA Q CELLS JAPAN CO., LTD. (100.0% held by the subject company) HANWHA EUROPE GMBH (100.0% held by the subject company) |
|
Subsidiary |
HANWHA MACHINERY CORP.(USA) (100.0% held by the subject company) HANWHA RESOURCES (CANADA) LTD. (100.0% held by the subject company) HANWHA RESOURCES (AUSTRALIA) PTY LTD. (100.0% held by the subject company) HANWHA RESOURCES(USA) CORPORATION(USA) (100.0% held by the subject company) HANWHA INTERNACIONAL DO BRASIL
INTERMEDIACOES DE NEGOCIOS LTDA.(BRAZIL) (100.0% held by the subject company) HANWHA GREENTECH LTD.(HONG KONG) (80.0% held by the subject company) HANWHA TECHM HUNGARY ZRT.(HUNGARY) (97.21% held by the subject company) S&P WORLD NETWORKS DMCC(UAE) (100.0% held by the subject company) PT HANWHA MINING SERVICES INDONESIA (99.0% held by the subject company) HANWHA INTERNATIONAL INDIA PVT., LT(INDIA) (99.99% held by the subject company) HANWHA MINING SERVICES AUSTRALIA (100.0% held by the subject company) HANWHA MINING SERVICES PERU S.A.C(PERU) (99.0% held by the subject company) HANWHA MINING SERVICES CHILE SPA(CHILE) (100.0% held by the subject company) HANWHA MINING SERVICES SINGAPORE PTE.
LTD.(SINGAPORE) (100.0% held by the subject company) HANWHA SINGAPORE PTE. LTD.(SINGAPORE) (100.0% held by the subject company) HANWHA EAGLES PROFESSIONAL BASEBALL CLUB(160111-0007214) (40.0% held by the subject company) HANWHA INTERNATIONAL TRADE(SHANGHAI) CO.,
LTD.(CHINA) (33.33% held by the subject company) PT. BARA BUMI INTERNATIONAL (99.6% held by the subject company) |
|
Corporate Ownership |
The Subject company is the ultimate company
of HANWHA GROUP. |
|
Major Shareholders |
-- |
|
Cooperative Enterprise |
CLAVERHAM-UK YICOM-YEMEN -Insured Comp[any FIRST FIRE & MARINE INSURANCE CO., LTD.(110111-0017586) |
|
Sales/ Unit :Thousand KRW |
06/2015 |
2014 |
2013 |
|
Export |
1,319,315,930 |
|
|
|
Domestic |
1,118,320,957 |
|
|
|
Total |
2,437,636,887 |
|
|
The Subject deals with the companies in China, Japan, Russia, Singapore,
Vietnam and USA.
There are 24 cases filed as Defendant(s)/ Debtor(s)/ Respondent(s)
amounting 11,760,000,000 KRW, and 5 cases Plaintiff(s)/ Creditor(s)/
Applicant(s) amounting 9,868,000,000 KRW as of 06/30/2015.
----
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.55 |
|
|
1 |
Rs.99.17 |
|
Euro |
1 |
Rs.73.08 |
INFORMATION DETAILS
|
Analysis Done by
: |
HNA |
|
|
|
|
Report Prepared
by : |
ANK |
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.