|
Report No. : |
344005 |
|
Report Date : |
05.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
HANWHA TECHWIN CO., LTD. |
|
|
|
|
Registered Office : |
1204, Changwon-daero, Seongsan-gu, Changwon-si,
Gyeongsangnam-do, Korea, 51542, Samsung Techwin 2nd Factory |
|
|
|
|
Country : |
South
Korea |
|
|
|
|
Financials (as on) : |
30.06.2015 |
|
|
|
|
Date of Incorporation : |
01.08.1977 |
|
|
|
|
Com. Reg. No.: |
609-81-02992 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacture of Cinematograph Cameras and Projectors and Photographic
or Cinematographic Laboratory Equipment |
|
|
|
|
No. of Employees : |
4,482 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
Slow but correct |
|
Litigation : |
Exist |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – 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 |
HANWHA TECHWIN CO., LTD. (Ex. Company Name : SAMSUNG TECHWIN CO.,
LTD., “삼성테크윈(주)”) (Korean Company Name : “한화테크윈(주)”) |
|
Registered Address |
1204, Changwon-daero, Seongsan-gu,
Changwon-si, Gyeongsangnam-do, Korea (Old Address System : 28, Seongju-dong,
Changwon-si, Gyeongsangnam-do, Korea) |
|
Building |
Samsung Techwin 2nd Factory |
|
Zip Code |
51542 |
|
Tel |
+82-55-260-2114 |
|
Fax |
+82-55-260-2230 |
|
E-mail |
webmaster@hanwhatechwin.co.kr |
|
Website |
www.hanwhatechwin.co.kr |
|
Trading Address |
19FL., Seocho Tower, 1321-15, Seocho-dong,
Seocho-gu, Seoul, Korea |
|
Tel |
+82-2-3467-7114 +82-2-3467-7000 |
|
Fax |
|
|
Trading Address-R&D Center |
HANWHA Techwin R&D Center, 6,
Pangyo-ro 319beon-gil, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea (Old Address System : HANWHA Techwin
R&D Center, 701, Sampyeong-dong,
Bundang-gu, Seongnam-si, Gyeonggi-do, Korea) |
|
Tel |
+82-70-7147-7000 |
|
Fax |
+82-31-8018-3706 |
|
Trading Address-Yeoksam Office |
647-9, Yeoksam 1-dong, Gangnam-gu, Seoul,
Korea |
|
Tel |
+82-2-3467-7064 |
|
Fax |
+82-2-3467-7080 |
|
Other Address-Seoul Office |
678-12, Deungchon-dong, Gangseo-gu, Seoul,
Korea |
|
Tel |
+82-2-3662-3984 |
|
Fax |
+82-2-3662-3933 |
|
Other Address- Changwon 3 Factory |
69, Gongdan-ro, Seongsan-gu, Changwon-si,
Gyeongsangnam-do, Korea (Old Address System : 69-2, Sinchon-dong, Seongsan-gu, Changwon-si, Gyeongsangnam-do, Korea) |
|
Tel |
+82-55-211-8200 |
|
Fax |
+82-55-283-2245 |
|
Other Address-Seongnam Factory |
268,
Galmachi-ro, Jungwon-gu, Seongnam-si, Gyeonggi-do, Korea (Old Address System : 145-3, Sangdaewon
1(il)-dong, Jungwon-gu, Seongnam-si, Gyeonggi-do, Korea) |
|
Tel |
+82-31-740-8114 |
|
Fax |
+82-31-8018-3706 |
|
Type |
Export |
|
Industry |
Manufacture of Cinematograph Cameras and Projectors and Photographic
or Cinematographic Laboratory Equipment |
|
Main Business |
Digital Camera, Optical Module, Aircraft Engine, Lead Frame, DSC |
|
Sub
Business |
Manufacture of Engines for Aircraft |
|
Established (mm/dd/yyyy) |
08/01/1977 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Engines(26101500) |
|
Sell |
Semiconductor process systems(23211101) |
|
Sell |
Air classification equipment or parts or
screens(23152103) |
|
Sell |
Camera tripods(45121602) |
|
Sell |
Binoculars(41111717) |
|
Sell |
Media storage devices(43201800) |
|
Sell |
Camera flashes or lighting(45121601) |
|
Sell |
Digital cameras(45121504) |
|
Sell |
Camera lenses or filters(45121603) |
|
Sell |
Industry specific software(43232600) |
|
Sell |
Surveillance and detection
equipment(46171600) |
|
Sell |
Mechanical engineering(81101600) |
|
Sell |
Turbo compressors(40151615) |
|
Sell |
Chassis components(43201600) |
|
Sell |
War vehicles(25102000) |
|
Sell |
Armored fighting vehicles(25102002) |
|
Name |
Kim Cheol-Gyo |
|
Address |
Suite F-1506, 57, Eonju-ro 30-gil,
Gangnam-gu, Seoul, Korea |
|
Date of Birth |
08/25/1958 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
265,650,000,000 |
||||||||||||||||||
|
Employees |
4,482 |
||||||||||||||||||
|
Formation |
Listed Company(Korea Stock Exchange: 012450) as of 02/20/2009 again (As old one has been spin off into SAMSUNG TECHWIN
CO., LTD., and SAMSUNG DIGITAL IMAGING CO., LTD.(135811-0162239), and old one has been listed since 05/27/1987) A Company of HANWHA GROUP |
||||||||||||||||||
|
Bank Details |
Woori Bank-Namdaemun Branch Korea Development Bank Kookmin Bank |
||||||||||||||||||
|
Corporate Registered No. |
194211-0000480 |
||||||||||||||||||
|
Business Registered No. |
609-81-02992 |
||||||||||||||||||
|
Permit & Licenses |
Int’l Trade No.:832223 |
||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||
|
Company History |
06/29/2015 Changed company name to the
present name 09/24/2014 Decided to stop the CCTV
Business as of 09/30/2014 04/30/2014 Transferred MDS Business to HAESUNG DS CO.,
LTD.(194211-0223694) 04/01/2011 Decided to stop the Phone Camera
Module Business as of 06/30/2011 01/16/2009 The Subject Separated Camera
Business and divided into SAMSUNG TECHWIN CO., LTD., and SAMSUNG DIGITAL
IMAGING CO., LTD.(135811-0162239) at 416, Maetan 3-dong, Yeongtong-gu,
Suwon-si, Gyeonggi-do, Korea for Camera Business 10/2004 Placed Kenox α7 on the market 10/2004 Placed Kenox α7 on the market 12/2003 Contracted to exceed T-50(an
advanced training airplane) 12/2003 Placed Kenox U-ca 3 on the market 12/2003 Contracted to exceed T-50(an
advanced training airplane) engine, F404 12/2003 Placed Kenox U-ca 3 on the market 03/2000 Changed corporate name to Samsung
Techwin Co., Ltd. 02/2000 Opened Korea`s first photo portal
website 02/1999 Opened Internet shopping mall 11/1998 Tie-up with Asiana for engine
maintenance 05/1996 Developed the world`s first lead
frame for 1 giga use 12/1995 Received Presidential Prize at 25th
precision technology 03/1995 Samsung Photospace gallery opened 01/1995 Acquired Union Optical, a Japanese
semiconductor equipme 01/1995 Acquired Rollei, a German camera
maker 08/1988 Established Samsung Precision
Industrial Co., Ltd. 05/1987 Listed on Korea Stock Exchange 02/1987 Corporate name changed to SAMSUNG
TECHWIN Industries 11/1986 Designation as prime contractor for
the Korean Fighter P 07/1986 Launched a new camera model -Winky 10/1984 Development of multi-articulated
assembly robots complet 12/1979 Camera production begun 02/1979 Overhaul of gas turbine aircraft
engines begun 08/1977 Company established as Samsung
Precision Industries Co., |
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
President & CEO |
Mr. |
Kim Cheol-Gyo |
Korean |
1958.08.25 |
Yonsei University, Korea |
|
Director |
Mr. |
Shin Hyun-Woo |
Korean |
1962.02 |
Seoul National University, Korea |
|
Outside Director / Auditor |
Mr. |
Lee Je-Hong |
Korean |
1947.03.06 |
Gyemyung University, Korea |
|
Outside Director / Auditor |
Mr. |
Seok Ho-Cheol |
Korean |
1956.05.15 |
Seoul National University, Korea |
|
Outside Director / Auditor |
Mr. |
Choi Young-Woo |
Korean |
1938.03.03 |
- |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
1,140,690,078,540 |
3,895,387,359,980 |
-42,688,226,284 |
|
|
(*)2014 |
2,482,632,807,787 |
3,359,584,851,451 |
-138,678,634,769 |
|
(*)2013 |
2,475,940,633,185 |
3,254,374,858,903 |
80,659,563,669 |
|
(*)2012 |
2,794,855,008,562 |
3,105,403,487,357 |
102,865,472,978 |
|
(*)2011 |
2,806,143,333,726 |
3,089,473,630,872 |
224,665,928,204 |
|
(*)2010 |
2,826,578,067,424 |
2,787,971,021,133 |
165,648,191,666 |
|
2009 |
2,642,742,781,594 |
2,506,402,592,715 |
127,184,214,390 |
|
2008 |
2,339,638,752,468 |
2,390,099,588,204 |
73,623,347,668 |
|
2007 |
1,976,637,104,702 |
1,900,158,779,556 |
203,163,530,538 |
|
2006 |
2,868,706,056,184 |
1,772,734,659,964 |
157,885,005,253 |
|
2005 |
2,391,351,387,570 |
1,624,359,050,525 |
86,444,421,089 |
|
2004 |
1,980,552,045,206 |
1,737,985,100,310 |
25,825,730,346 |
|
2003 |
1,734,068,407,930 |
1,704,823,344,635 |
43,890,616,676 |
(*)Figures are based
on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
1,000,000,000,000 |
|
Paid-Up Capital(KRW) |
265,650,000,000 |
|
Total Issues Shares |
53,130,000 |
|
Balance Sheet |
|||
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Total
Assets |
3,895,387,359,980 |
3,359,584,851,451 |
3,254,374,858,903 |
|
Current Assets |
1,866,849,361,959 |
1,571,333,385,091 |
1,485,556,130,614 |
|
Cash
& Cash Equivalents |
64,785,994,922 |
67,589,084,360 |
260,735,638,376 |
|
Current
Financial Instruments |
192,174,451,561 |
98,603,305,689 |
|
|
Trade
Receivables & Other Receivables |
521,235,893,928 |
535,743,217,661 |
516,751,655,593 |
|
Inventories |
511,826,881,790 |
445,153,543,545 |
440,315,160,474 |
|
Other
Current Assets |
514,720,967,717 |
424,244,233,836 |
267,753,676,171 |
|
Non-Current Assets to be Sold |
62,105,172,041 |
|
|
|
Non-Current Assets |
2,028,537,998,021 |
1,788,251,466,360 |
1,768,818,728,289 |
|
Non-Current
Financial Instruments |
784,192,499,140 |
404,130,699,340 |
301,524,594,640 |
|
Investment_Subsidiaries |
479,058,736,658 |
479,058,736,658 |
479,336,664,680 |
|
Tangibles |
466,857,964,274 |
527,479,902,865 |
637,768,680,653 |
|
Intangibles |
233,242,080,119 |
245,850,604,966 |
219,114,360,517 |
|
Long-Term
Trade Receivables & Other Long-Term Receivables |
53,077,376,391 |
74,067,867,091 |
46,551,822,400 |
|
Deferred
Income Tax Assets |
|
44,891,486,668 |
69,391,047,859 |
|
Other
Non-Current Non-Financial Assets |
12,109,341,439 |
12,772,168,772 |
15,131,557,540 |
|
Total Liabilities |
2,182,169,053,587 |
1,898,645,195,282 |
1,712,566,858,242 |
|
Current Liabilities |
1,931,853,094,259 |
1,540,992,506,902 |
1,152,432,371,682 |
|
Trade
Payables & Other Payables |
345,859,001,602 |
308,332,438,831 |
259,541,120,486 |
|
Current
Portion of Long-Term Debts |
656,608,239,412 |
420,374,420,179 |
296,312,951,766 |
|
Accrued
Income Tax |
|
|
992,076,715 |
|
Other
Current Liabilities |
925,727,711,594 |
812,285,647,892 |
595,586,222,715 |
|
Liabilities
to be Sold |
3,658,141,651 |
|
|
|
Non-Current Liabilities |
250,315,959,328 |
357,652,688,380 |
560,134,486,560 |
|
Long-Term
Trade Payables & Other Long-Term Payables |
16,858,933,680 |
7,549,603,304 |
14,853,530,196 |
|
Long-Term
Borrowings |
9,271,740,000 |
155,911,485,934 |
357,740,032,646 |
|
Confirmed
Salaries |
202,479,649,347 |
194,191,599,142 |
187,540,923,718 |
|
Deferred Income Tax Credit |
21,705,636,301 |
|
|
|
Capital Stock |
265,650,000,000 |
265,650,000,000 |
265,650,000,000 |
|
Capital
Surplus |
188,649,502,978 |
188,649,502,978 |
188,649,502,978 |
|
Others |
474,645,936,027 |
181,628,638,339 |
103,726,272,053 |
|
Profit
Surplus |
784,272,867,388 |
825,011,514,852 |
983,782,225,630 |
|
Total
Equity |
1,713,218,306,393 |
1,460,939,656,169 |
1,541,808,000,661 |
|
Liab.
& Shareholder’s Equity |
3,895,387,359,980 |
3,359,584,851,451 |
3,254,374,858,903 |
|
Income Statement |
|||
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Sales |
1,140,690,078,540 |
2,482,632,807,787 |
2,475,940,633,185 |
|
Cost of Sold Goods |
965,285,128,837 |
2,040,633,258,798 |
1,981,229,089,642 |
|
Gross Profit |
175,404,949,703 |
441,999,548,989 |
494,711,543,543 |
|
Selling
& Admin. Expenses |
154,562,939,703 |
269,006,607,214 |
244,815,052,276 |
|
R&D |
104,489,526,384 |
181,041,137,663 |
187,756,921,822 |
|
Operating Income |
-83,647,516,384 |
-8,048,195,888 |
62,139,569,445 |
|
Other
Income |
39,579,331,807 |
64,316,935,145 |
62,571,501,497 |
|
Other
Expenses |
17,572,145,204 |
97,602,970,045 |
36,518,582,933 |
|
Finance
Income |
6,403,591,415 |
10,963,131,485 |
8,201,105,953 |
|
Finance
Expenses |
14,975,537,803 |
29,817,119,523 |
27,734,863,531 |
|
Income
Before Taxes |
-70,212,276,169 |
-60,188,218,826 |
68,658,730,431 |
|
Income
Taxes Expenses |
-27,524,049,885 |
23,568,499,859 |
6,719,931,029 |
|
Income
from Continuous Business |
-42,688,226,284 |
-83,756,718,685 |
61,938,799,402 |
|
Income
from Stopped Business |
|
-54,921,916,084 |
18,720,764,267 |
|
Net
Income |
-42,688,226,284 |
-138,678,634,769 |
80,659,563,669 |
|
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 |
-10,409,212,546 |
2,840,113,756 |
200,442,243,224 |
|
Net Income |
-42,688,226,284 |
-138,678,634,769 |
80,659,563,669 |
|
Adjustment |
37,292,501,896 |
165,946,115,696 |
147,143,412,969 |
|
Interests Received |
2,334,617,063 |
5,915,250,007 |
6,392,695,885 |
|
Interests Paid |
-7,765,080,724 |
-19,128,292,976 |
-25,240,676,406 |
|
Income Taxes |
416,975,503 |
-11,214,324,202 |
-8,512,752,893 |
|
Cash Flows from Investing |
-77,237,911,603 |
-88,683,307,063 |
-12,671,864,198 |
|
Cash Flows from Financing |
84,844,034,711 |
-107,303,360,709 |
-145,462,702,083 |
|
Increase/Decrease in Cash |
-2,803,089,438 |
-193,146,554,016 |
42,307,676,943 |
|
Cash at the Beginning of Year |
67,589,084,360 |
260,735,638,376 |
218,427,961,433 |
|
Cash at the End of Year |
64,785,994,922 |
67,589,084,360 |
260,735,638,376 |
|
Main Products & Services |
Engine Division(Power System Business) Special Division(Special Business) Precision Division -SIS(Security & Image Solution) -DIS(Digital & IT Solution) -IMS(Intelligent Machinery& Solution) CCTV Presenter Optical Module Semiconductor Material RFID SMT Turbo compressor Power Generation Gas Turbine Engine Metal Defense Program Aviation Brand Name : Engine : PW Engine BLADE, GE Engine
BLADE,F100, T53, J79, A250, LM2500, T700, K77APU,TurboMaster Series, Micro TM
Series, PTH Weapon : K9, KAAV, K10 SS(Security Solution) Business : CCTV :
SHC735, SHC750, SHC740N, SHC730N, SIR4150, SDC415U, SPD1000, SPD3300PRESENTER
: SDP6500DXA, SDP990DXA, RFID DIS(Digital & IT Solution) Business :
μ-PPF, LOC(Lead On Chip), Stamped Lead Frame, Etched Lead Frame, MCSP,
WBGA, Flexible BGA, Tape BGA, COF(Chip On Film) IMS(Intelligent Machinery & Solution) Business : SM series, CP series, Inspection system, Loader/Unloader,
Dispenser, Screen printer, Reflower |
|
Detailed Products Spec. |
|
|
Technologies Acquired |
|
|
Suppliers |
GENERAL ELECTRIC COMPANY(USA) POSCO(174611-0000741) SERMATECH KOREA CO., LTD.(194211-0037558) (49.0% held by the subject company) |
|
Customers |
THE MINISTRY OF DEFENSE-KOREA DEFENSE ACQUISITION PROGRAM ADMINISTRATION SAMSUNG ELECTRONICS CO., LTD.(130111-0006246) GENERAL ELECTRIC COMPANY(USA) PW |
|
Competitors |
SAMSUNG ELECTRO-MECHANICS CO.,LTD.( 130111-0001626) LS CABLE LTD.(134111-0168357) POONGSAN MICROTEC CORPORATION(110111-0234312) SUMITOMO METAL MINING MHT CANON SONY |
|
Affiliates-Domestic |
HANWHA CORP (110111-0002959) HANWHA CHEMICAL CORPORATION
(110111-0360935) HANWHA TIMEWORLD CO., LTD. (160111-0003410) HANWHA SECURITIES CO.,LTD (110111-0003155) HANWHA GALLERIA
CO., LTD.(110111-0202989) HANWHA NON-LIFE INSURANCE CO., LTD.
(110111-0006456) HANWHA LIVING & CREATIVE CORP
(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
POLYDREAMER CO., LTD.(161511-0001861) 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) HANWHA ASSET MANAGEMENT CO.,
LTD.(110111-0571201) HANWHA
ENGINEERING & CONSTRUCTION CORPORATION(110111-2558405) HANWHA GENERAL CHEMICAL CO., LTD.(161411-0001243) (23.38% held by
the subject company) SERMATECH KOREA CO., LTD.(194211-0037558) (49.0% held by the subject company) |
|
Overseas Office |
CHINA(TSOE) NO.9 ZHANGHENG STREET. MICRO-ELECTRONIC INDUSTRIAL
PARK JINGANG ROAD TIANJIN CHINA TEL:+ 86.22.2388.7788 U.S.A.(SOA) 40 SEAVIEW DRIVE, SECAUCUS, NJ, 07094 U.S.A TEL:+ 1.201.902.0347 GERMANY(SOG) AM KRONBERGER HANG 6. D-65824
SCHWALBACH/TS., GERMANY TEL:+ 49.6196.66 53 20 U.K.((SOUK) SAMSUNG HOUSE, 1000 HILLSWOOD DRIVE,
HILLSWOOD BUSINESS PARK, CHERTSEY, SURREY KT16 OPS TEL:+ 44.1932.45 5302 NETHERLANDS(STE) BEDRIJFSWEG 21 2404 CB ALPHEN AAN DEN RIJN,
THE NETHERLANDS TEL :+ 31.172.423. 820 |
|
Liaison Office |
|
|
Overseas Branch |
|
|
Joint Venture |
SAMSUNG THALES CO., LTD.(176011-0020640) (50.0% held by the subject company) |
|
Subsidiary |
SAMSUNG OPTO-ELECTRONICS AMERICA, INC.(S.O.A : USA) (100.0% held by the subject company) TIANJIN SAMSUNG TECHWIN OPTO-ELECTRONIC
CO., LTD.(T.S.T.O) (95.00% held by
the subject company) NO.11 WEI 6 ST. MICRO-ELECTRONIC INDUSTRIAL PARK, JINGANG RD, TIANJIN,
P.R. CHINA 300385 KOREA AEROSPACE INDUSTRIES, LTD.(110111-1827570) (20.54% held by the subject company) SAMSUNG TECHWIN EUROPE, LTD.(S.T.E) (100.0% held by the subject company) KT13 0NY SAMSUNG SDS EUROPE LTD 1ST FLOOR NO5 THE HEIGHT, BROOKLAND,
WEYBRIDGE, SURREY, UK TECHWIN ENGINEERING CENTER(JAPAN) (100.0% held by the subject company) 7F, KG TENJIN BLDG EAST 3-10-20, TENJIN, CHUOH-KU, FUKUOKA-SHI,810-0001,
JAPAN SAMSUNG TECHWIN DO BRASIL EQUIPAMENTOS DE SEGURANCA LTDA. (S.T.B ) (100.0% held by the subject company) AV. DAS NACOES UNIDAS, 12901 22O. ANDAR / TORRE OE BROOKLIN NOVO SAO
PAULO SHANGHAI SAMSUNG TECHWIN CO., LTD.(S.S.T) (100.0% held by the subject company) 200233 32F, BLOCK B, 391 GUIPING ROAD, XUHUI DISTRICT, SHANGHAI
200233, P.R. CHINA |
|
Corporate Ownership |
HANWHA CORP (110111-0002959) |
|
Major Shareholders |
HANWHA CORP (110111-0002959) |
|
Cooperative Enterprise |
-Technical Support GENERAL ELECTRIC COMPANY(USA) -Strategic Partnership DRESSER-RAND(USA) |
|
Sales/ Unit :Mil KRW |
03/2010 |
2009 |
2008 |
|
Export |
280,841 |
1,236,683 |
1,309,115 |
|
Domestic |
403,220 |
1,454,645 |
1,030,524 |
|
Total |
684,061 |
2,691,328 |
2,339,639 |
The Subject exports to China, South East Asia and East Europe.
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
Texas East Court, USA |
Imperium IP Holdings(USA) |
The Subject Company & Samsung Opto-Electronics America, Inc. |
Infringement of Patent |
|
Proceeding |
|
|
Seoul High Court |
The Subject Company & Others(4) |
DAPA(KOREA) |
Receivables related to KHP |
|
2nd round is proceeding |
|
|
Supreme Court, Korea |
DAPA(KOREA) |
The Subject Company |
Cancellation on Restriction of Bid Application to the Government |
- |
3rd round is proceeding |
------
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
: |
HEE |
|
|
|
|
Report Prepared
by : |
TPT |
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.