MIRA INFORM REPORT

 

 

 

 

Report No. :

346930

Report Date :

23.10.2015

 

IDENTIFICATION DETAILS

 

Name :

HYUNDAI WIA CORPORATION

 

 

Registered Office :

153, Jeongdong-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do, Korea

 

 

Country :

South Korea

 

 

Financials (as on) :

30.09.2014

 

 

Date of Incorporation :

29.03.1976

 

 

Com. Reg. No.:

609-81-01770

 

 

Legal Form :

Listed Company

 

 

Line of Business :

Manufacture of Other Parts and Accessories for Motor Vehicles

 

 

No. of Employees :

2,741

 

 

ECGC Country Risk Classification List – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

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 growth and global integration to become a high-tech industrialized economy. In the 1960s, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion-dollar club of world economies, and is currently the world's 12th largest economy. Initially, a system of close government and business ties, including directed credit and import restrictions, 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 6.9% 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 6.3% growth in 2010. The US-Korea Free Trade Agreement was ratified by both governments in 2011 and went into effect in March 2012. Throughout 2012 and 2013 the economy experienced sluggish growth because of market slowdowns in the United States, China, and the Eurozone. The administration in 2014 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 heavy reliance on exports, which comprise about half of GDP.

 

Source : CIA

Basic Information

 

Company Name

HYUNDAI WIA CORPORATION

Registered Address

153, Jeongdong-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do, Korea

(Old Address System : 391-8, Gaeumjeong-dong, Changwon-si, Gyeongsangnam-do, Korea)

Building

 

Zip Code

641-110

Tel

+82-55-280-9114

Fax

+82-55-285-9186

E-mail

choonie@wia.co.kr;kswon@wia.co.kr

Website

www.wia.co.kr

Trading Address

8F., Hasol Bldg., 736-1, Yeoksam-dong, Gangnam-gu, Seoul 135-080 Korea

Tel

+82-2-2033-8000

Fax

 

Other Address-Namsan Factory

601-2, Namsan-dong, Changwon-si, Gyeongsangnam-do, Korea

Tel

+82-55-280-9114

Fax

+82-55-282-5031

Other Address-M/C 2nd Factory

72, Seongsan-dong ,Changwon-si, Gyeongsangnam-do, Korea

Tel

+82-55-289-4856

Fax

 

Other Address-Jund Dong 1st & 2nd Factory

73, Seongsan-dong ,Changwon-si, Gyeongsangnam-do, Korea

Tel

+82-55-280-9114

Fax

 

Other Address-Seonggok Factory

630-6, Seonggok-dong, Danwon-gu, Ansan-si, Gyeonggi-do, Korea

Tel

+82-31-494-4826

Fax

+82-31-494-4688

Other Address-Tire Module Factory

687-3, Seonggok-dong, Danwon-gu, Ansan-si, Gyeonggi-do, Korea

Tel

+82-31-494-4826

Fax

 

Other Address-Satellite Center

San 80-9, Mabuk-dong ,Giheung-gu ,Yongin-si, Gyeonggi-do, Korea

Tel

+82-31-288-6813

Fax

 

Other Address-Poseung Factory

676-7, Naegi-ri ,Poseung-eup ,Pyeongtaek-si, Gyeonggi-do, Korea

Tel

+82-31-617-0200

Fax

 

Other Address-Gwangju Factory

738-2, Ancheong-dong, Gwangsan-gu, Gwangju, Korea

Tel

+82-62-953-5171

Fax

+82-62-953-5178

Type

Export/Import

Industry

Manufacture of Other Parts and Accessories for Motor Vehicles

  Main Business

Automotive Gearshift, Joint, CNC Lathes, Machining Center, Boring Machine, Grinder Machine, Press, Axle, Landing Gear, Robot

 

 

Established (mm/dd/yyyy)

03/29/1976

 

The Subject owns the premises of registered HQ address.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Machine tools(23171600)

-CNC, Turning Center, Vertical & Horizontae Machining Center, Boring

Sell

Transportation components and systems(25170000)

-Transmissions, Power Steering, C.V. Joint, Axle

Buy

VC Assy.

Buy

Bearing

 

 

CEO’s

 

Name

Yoon Jun-Mo

Address

--

Date of Birth

03/1955

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

128,650,595,000

Employees

2,741

Formation

Listed Company (Korea Stock Exchange : 011210) as of 02/21/2011

A Company of HYUNDAI-KIA MOTORS BUSINESS GROUP

Bank Details

S.C First Bank of Korea-Seo Yoido Branch

Citi Bank, Korea

Shinhan Bank

Corporate Registered No.

194211-0000125

Business Registered No.

609-81-01770

Permit & Licenses

12/2001 ISO 14001

12/2002 QS 9001

 

Int’l Trade No.: 832065

Shareholder Position

Name

Share

%

HYUNDAY MOTOR COMPANY(110111-0085450)

6,893,596

26.79

KIA MOTORS CORPORATION(110111-0037998)

3,654,004

14.20

NATIONAL PENSION SERVICE(110171-0007134)

3,425,405

13.31

OTHERS

11,757,114

45.69

TOTAL

25,730,119

100.00

Company History

03/29/1976 Incorporated as Kia Heavy Industry Co., Ltd

06/01/1983 Developed first machining-centre in Korea

05/01/1986 Merged Changwon Plant of Daehan Heavy Industry

11/01/1986 Changwon-Nansam Plant was opened

04/01/1994 Developed aeroplane landing gear the first in Korea

03/29/1996 Renamed to Kia Heavy Industry

11/01/1996 Innovation Engineering Prize was awarded

03/01/2000 Changed company name to WIA Corporation (World Industries Ace)

05/01/2002 Joined as a company of Hyundai-Kia Motors Business Group

01/01/2005 Acquired Machinery Business Division from Hyundai Motor Company

08/2009 Changed company name to the present name

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Date of Birth

President & CEO

Mr.

Yoon Jun-Mo

Male

Korean

1955.03

Sr. Executive Director

Mr.

Lee In-Sik

Male

Korean

1958.01

Executive Director

Mr.

Son Il-Keun

Male

Korean

1957.07

Outside Director / Auditor

Mr.

Jang Hang-Seok

Male

Korean

1949.03.11

Outside Director / Auditor

Mr.

Hur Bo-Young

Male

Korean

1950.01.21

Outside Director / Auditor

Mr.

Lee Byung-Dae

Male

Korean

1952.01.23

Outside Director / Auditor

Mr.

Jang Ji-Sang

Male

Korean

1956.03.18

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

(*)09/2014

4,995,151,746,211

4,510,117,448,281

291,168,071,704

(*)2013

6,287,025,159,453

4,114,711,537,234

375,115,027,487

(*)2012

6,253,825,028,955

3,873,590,111,711

363,793,908,021

(*)2011

5,634,181,159,827

3,553,860,078,556

216,690,756,923

(*)2010

4,434,894,790,878

2,908,066,370,827

92,058,906,185

2009

3,118,227,201,701

2,343,841,881,416

77,225,187,346

2008

3,186,516,993,276

2,330,760,697,997

46,391,963,315

2007

3,302,650,448,199

 1,902,622,303,880

 43,275,921,389

2006

2,592,403,328,679

1,819,419,224,938

61,462,868,630

2005

2,259,927,105,452

 1,502,120,768,271

62,963,640,689

2004

1,835,526,437,517

1,075,488,176,394

64,533,114,235

2003

1,032,852,629,773

740,612,937,031

51,413,775,382

 

(*)Figures are based on the K-IFRS Accounting System.

 

 

Financial Description

 

Authorized Capital(KRW)

200,000,000,000

Paid-Up Capital(KRW)

128,650,595,000

Total Issues Shares

25,730,119

 

Balance Sheet

Unit : Korean Won

01/01/2014~09/30/2014

As of 12/31/2013

As of 12/31/2012

Total Assets

4,510,117,448,281

4,114,711,537,234

3,873,590,111,711

Current Assets

2,582,971,610,111

2,289,069,617,872

2,314,228,347,668

Cash & Cash Equivalents

115,595,113,206

239,303,656,995

278,388,944,685

Current Financial Instruments

476,897,614,570

341,117,049,915

209,742,906,662

Trade Receivables

1,141,738,902,974

930,513,721,894

934,766,740,900

Other Receivables

54,306,279,901

80,705,157,857

83,348,472,718

Other Current Assets

9,718,297,663

9,190,024,685

12,744,439,225

Inventories

466,528,729,556

480,353,171,932

480,216,813,422

Other Receivables-Construction

318,186,672,241

207,886,834,594

315,020,030,056

Non-Current Assets

1,927,145,838,170

1,825,641,919,362

1,559,361,764,043

Non-Current Financial Instruments

30,243,121,238

9,876,058,168

269,802,141

Marketable Financial Instruments

50,933,888,797

52,063,099,417

30,949,851,947

Other Receivables

32,843,326,545

30,674,335,836

27,719,616,879

Tangibles

1,297,103,662,311

1,240,881,603,775

1,066,020,436,864

Investment_Real Estates

1,522,714,000

1,522,714,000

1,522,714,000

Intangibles

187,909,257,971

164,034,240,858

125,800,313,104

Investment_Subsidiaries

211,585,302,160

211,585,302,160

197,174,463,960

Investment_Related Companies

103,255,242,941

103,255,242,941

103,255,242,941

Investment_Joint Venture

11,749,322,207

11,749,322,207

6,649,322,207

Total Liabilities

2,133,664,193,025

2,014,882,598,189

2,151,585,213,253

Current Liabilities

1,344,781,730,554

1,348,910,354,428

1,555,626,254,444

Trade Payables

1,014,258,389,977

951,524,123,239

1,083,994,001,931

Other Payables

115,068,800,949

111,461,024,246

94,240,832,214

Short-Term Borrowings

 

 

40,676,189,999

Current Portion of Long-Term Debts

40,024,400,000

50,000,000,000

130,000,000,000

Accrued Income Tax

60,731,056,264

38,057,598,869

68,420,451,600

Other Current Financial Debts

2,326,604,540

1,133,529,380

998,620,073

Current Portion of Provisions

17,037,112,088

17,760,286,113

18,843,824,012

Other Current Liabilities

32,045,074,223

28,099,771,534

24,827,588,628

Other Payables-Construction

63,290,292,513

150,874,021,047

93,624,745,987

Non-Current Liabilities

788,882,462,471

665,972,243,761

595,958,958,809

Other Non-Current Debts

1,890,586,696

1,592,204,067

1,390,420,264

Long-Term Borrowings

463,600,000

488,000,000

488,000,000

Debentures

638,204,129,253

528,398,608,652

478,233,699,893

Confirmed Salaries

6,358,587,032

5,745,924,677

6,443,548,143

Other Non-Current Financial Debts

1,292,448,860

1,387,464,925

1,685,454,238

Non-Current Portion of Provisions

22,378,320,201

22,281,875,754

24,239,227,522

Deferred Income Tax Credit

96,102,109,342

100,533,450,661

71,934,233,401

Provision for Severance & Retirement

22,192,681,087

5,544,715,025

11,544,375,348

Capital Stock

128,650,595,000

128,650,595,000

128,650,595,000

Capital Surplus

241,245,256,416

241,245,256,416

241,245,256,416

Others

19,053,116,110

19,910,299,892

4,175,624,953

Profit Surplus

1,987,504,287,730

1,710,022,787,737

1,347,933,422,089

Total Equity

2,376,453,255,256

2,099,828,939,045

1,722,004,898,458

Liab. & Shareholder’s Equity

4,510,117,448,281

4,114,711,537,234

3,873,590,111,711

 

Income Statement

Unit : Korean Won

01/01/2014~09/30/2014

As of 12/31/2013

As of 12/31/2012

Sales

4,995,151,746,211

6,287,025,159,453

6,253,825,028,955

Cost of Sold Goods

4,482,691,947,871

5,603,061,771,409

5,568,938,921,057

Gross Profit

512,459,798,340

683,963,388,044

684,886,107,898

Selling Expenses

78,847,879,735

115,623,404,684

118,689,034,893

Admin. Expenses

84,132,983,947

101,748,748,977

97,959,083,385

Operating Income

349,478,934,658

466,591,234,383

468,237,989,620

Non-Operating Income

61,673,208,418

86,096,395,742

74,073,537,429

Non-Operating Expenses

30,177,474,799

66,013,857,624

46,838,650,988

Finance Income

15,000,152,327

24,857,475,514

14,193,972,311

Finance Expenses

15,847,562,862

26,353,705,608

32,764,861,732

Income Before Taxes

380,127,257,742

485,177,542,407

476,901,986,640

Income Taxes Expenses

88,959,186,038

110,062,514,920

113,108,078,619

Net Income

291,168,071,704

375,115,027,487

363,793,908,021

 

Cash Flows

Unit : Korean Won

01/01/2014~09/30/2014

As of 12/31/2013

As of 12/31/2012

Operating Activities Cash Flows

103,094,848,124

511,878,391,698

466,582,567,781

Net Income

291,168,071,704

375,115,027,487

363,793,908,021

-Exp. without Cash Outflow

206,603,077,152

275,983,617,064

293,771,915,153

-Revenue without Cash Inflows

-36,250,574,303

-45,009,611,156

-42,416,787,809

-Changes in Asset/ & Liability

-291,414,970,720

15,956,156,119

-86,919,318,801

Interests Received

12,258,168,274

14,907,925,461

12,369,081,034

Interests Paid

-13,084,587,342

-17,964,469,581

-28,447,967,433

Dividends Received

4,000,000,000

9,643,450,891

191,088,856

Income Taxes

-70,184,336,641

-116,753,704,587

-45,759,351,240

Cash Flows from Investing

-313,216,626,928

-466,934,996,348

-454,654,988,347

Cash Flows from Financing

86,413,040,500

-84,028,049,499

-25,909,258,760

Increase/Decrease in Cash

-123,708,738,304

-39,084,654,149

-13,981,679,326

Cash at the Beginning of Year

239,303,656,995

278,388,944,685

292,370,624,011

Cash at the End of Year

115,595,113,206

239,303,656,995

278,388,944,685

 

 

Products, Technologies, Services Description

 

Main Products & Services

Auto Parts Division

Transmission Division

Machinery Division

 

 

Trade Partners & Competitors

 

Suppliers

HANKOOK TIRE CO.,LTD.(110111-4952093)

IL JIN METAL. INC.(190111-0006393)

SIEMENS CO., LTD(110111-0645725)

KOREA CONVEYOR.CO., LTD.(110111-0003569)

Customers

HYUNDAI MOTOR COMPANY(110111-0085450)

KIA MOTORS CORPORATION(110111-0037998)

KOREA DELPHI AUTOMOTIVE SYSTEMS CORP.(110111-0384117)

GM DAEWOO AUTO & TECHNOLOGY COMPANY(120111-0294124)

DAPA(KOREA)

MINISTRY OF DEFENSE(THE REPUBLIC OF KOREA)

GENERAL MOTORS(USA)

Competitors

DOOSAN INFRACORE CO., LTD.(120111-0234469)

HWACHEON MACHINERY WORKS CO., LTD.(110111-0342181)

S&T DYNAMICS CO.,LTD.(110111-0042880)

TONG IL HEAVY INDUSTRIES

HYUNDAI POWER TECH

KOREA FLANGE CO., LTD.

 

 

Related Parties (Subsidiaries, Joint-Venture & Affiliates)

 

Affiliates-Domestic

HYUNDAI MOTOR COMPANY(110111-0085450)

KIA MOTORS CORPORATION(110111-0037998)

HYUNDAI MOBIS CO., LTD.(110111-0215536)

HYUNDAI AUTONET CO., LTD.(134411-0015057)

DYMOS INC.(161411-0008562)

KEFICO(110111-0543169)

HYUNDAI POWERTECH CO., LTD.(161411-0009403)

WORLD INDUSTRIES ACE CORP.(194211-0000125)

WISCO(194211-0000084)

METIA CORPORATION(194211-0000068)

IHL CORPORATION(171211-0007722)

AUTOMOBILE INDUSTRIAL ACE CO., LTD.(135011-0029352)

M. SEAT CO., LTD.(110111-2410366)

PARTECS CO., LTD.(161411-0015955)

SAMWOO CO., LTD.(134511-0003480)

HYUNDAI HYSCO(110111-0302416)

HYUNDAI STEEL COMPANY(120111-0001743)

BNG STEEL CO., LTD.(110111-0065395)

HMC INVESTMENT SECURITIES CO., LTD.(110111-0019962)

HYUNDAI CAPITAL SERVICES, INC.(110111-0995378)

HYUNDAI COMMERCIAL INC.(110111-3646697)

HYUNDAI CARD CO., LTD.(110111-0377203)

HAEVICHI RESORT CO., LTD(224111-0006681)

HAEVICHI COUNTRY CLUB CO., LTD.(110111-0616049)

GLOVIS CO., LTD.(110111-2177388)

AUTOEVER SYSTEMS CORPORATION(110111-1935638)

M&SOFT CO., LTD.(110111-1620239)

N.G.V(110111-2094201)

CARNES CO., LTD.(134111-0134001)

HYUNDAI-ROTEM COMPANY(194211-0036336)

SEOUL METRO LINE NINE CORPORATION(110111-3134048)

MAINTRANS COMPANY(110111-3920520)

KIA TIGERS CO., LTD.(200111-0003883)

ASSET MANAGEMENT CO., LTD(110111-2622242)

INNOCEAN WORLDWIDE INC(110111-3229097)

CORENTEC. CO., LTD.(110111-1983653)

JONGRO HAKPYUNG CO., LTD.(110111-0171225)

JONGRO ACADEMY(110111-0109060)

HAEVICHI RESORT CO., LTD.(224111-0006681)

(25.0% held by the subject company)

Affiliates-Overseas

HYUNDAI MOTOR INDIA LTD.

HYUNDAI-ASSAN OTOMOTIV SANAYI VE TICARET A.S.

BEIJING HYUNDAI MOTOR COMPANY

BEIJING JINXIAN MOTOR SAFEGUARD SERVICE CO., LTD

HYUNDAI TRANSLEAD

HYUNDAI MOTOR MANUFACTURING ALABAMA

STAMPED METAL AMERICAN RESEARCH TECHNOLOGY, INC

HYUNDAI MOTOR POLAND

HYUNDAI MORTOR COMPANY AUSTRALIA PTY LTD.

HYUNDAI MOTOR JAPAN CO., LTD

HYUNDAI MOTOR AMERICA, INC.

HYUNDAI MOTOR FINANCE COMPANY

WORLD MARKETING GROUP

HYUNDAI MOTOR EUROPE GMBH

HYUNDAI AUTO CANADA CAPTIVE INSURANCE LTD

GLOBAL ENGINE ALLIANCE LLC

GLOBAL ENGINE MANUFACTURING ALLIANCE LLC

HYUNDAI AMERICA TECHNICAL CENTER INC.

HYUNDAI MOTOR JAPAN R&D CENTER INC.

HYUNDAI DE MEXICO S.A.

HYUNDAI RIO VISTA, INC

CHINA MILLENNIUM CORPORATION

CHINA MILLENNIUM CORPORATION

CHINA MILLENNIUM CORPORATION

BEIJING HINES MILLENIUM REAL ESTATE DEVELOPMENT CO.

HYUNDAI MOTOR GROUP (CHINA) LTD

HYUNDAI MOTOR HUNGARY

HYUNDAI MOTOR EUROPE TECHNICAL CENTER GMBH

HYUNDAI MOTOR NORWAY AS

HYUNDAI INFORMATION SERVICE NORTH AMERICA

HYUNDAI MOTOR UK LIMITED

KIA MOTORS AMERICA INC.

KIA CANADA INC.

KIA MOTORS DEUTSCHLAND GMBH

KIA MOTORS EUROPE GMBH.

KIA MOTORS POLSKA SP.Z O.O.

Affiliates-Overseas

KIA MOTORS UNITED KINGDOM LTD

KIA MOTORS AUSTRIA GMBH

KIA MOTORS BELGIUM GMBH

KIA MOTORS HUNGARY GMBH

KIA MOTORS CZECH GMBH

KIA MOTORS SWEDEN AB(KMSW)

KIA MOTORS IBERIA S.L(KMIB)

KIA MOTORS FRANCE SAS

KIA MOTORS SLOVAKIA S.R.O(KMS)

DONGFENG YUEDA KIA MOTOR CO., LTD

KIA JAPAN CO., LTD.

KIA MOTORS AUSTRALIA PTY LTD

KIA MOTORS SALES SLOVENSKO S.R.O

KIA MOTORS NEW ZEALAND LTD

SHANGHAI HYUNDAI MOBIS AUTOMOTIVE PATRS CO., LTD.

JIANGSU MOBIS AUTOMOTIVE PARTS CO., LTD.

BEIJING HYUNDAI MOBIS AUTOMOTIVE PARTS CO., LTD.

BEIJING MOBIS TRANSMISSION CO., LTD.

MOBIS AMERICA INC.

GUANG DONG HYUNDAI MOBIS CO., LTD.

HYUNDAI MOTOR (SHANGHAI) CO., LTD

MOBIS PARTS EUROPE N.V.

MOBIS PARTS DEUTSCHLAND GMBH

MOBIS PARTS, MIDDLE EAST FREE ZONE ESTABLISHMENT

BEIJING MOBIS CHONCHE AUTOMOTIVE PARTS CO., LTD.

MOBIS SLOVAKIA S.R.O

MOBIS PARTS AUSTRALIA PTY LTD.

BEIJING HYUNDAI MOBIS PARTS CO., LTD

MOBIS PARTS IBERIA S.L.

MOBIS PARTS CIS

MOBIS PARTS JIANGSU YUEDA TRADING CO., LTD.

AMERICAN AUTOPARTS, INC.

OHIO MODULE MANUFACTURING CO., LLC

MOBIS INDIA LIMITED

HYUNDAI MOBIS(HONGKONG) CO.,LTD

MOBIS ALABAMA, LLC

MOBIS PARTS AMERICA, LLC

MOBIS PARTS DETROIT, LLC

WUXI MOBIS AUTOMOTIVE AUTOPARTS CO.,LTD

QINGDAO HYUNDAI MACHINERY CO.,LTD.

HYUNDAI PIPE OF AMERICA, INC.

BEIJING HYUNDAI HYSCO STEEL PROCESS CO., LTD.

HYSCO AMERICA COMPANY, INC.

HYSCO SLOVAKIA,S.R.O

HYUNDAI AUTONET AMERICA

ROTEM USA CORPORATION

HYUNDAI-KIA MACHINE AMERICA CORPRATION

WIA AUTOMOTIVE PARTS CO., LTD

HYUNDAI-KIA MACHINE EUROPE GMBH

GLOVIS AMERICA, INC.

GLOVIS ALABAMA, LLC.

GLOVIS SLOVAKIA, S. R. O

GLOVIS AUSTRALIA PTY.LTD

Affiliates-Overseas

GLOVIS EUROPE GMBH

GLOVIS INDIA PRIVATE LIMITED

GLOBAL AUTO PROCESSING SERVICES, INC

BNG STEEL JAPAN CORP.

BNG STEEL GMBH

AMCO AMERICA, INC

AMCO INDIA CONSTRUCTION PRIVATE, LTD

BEIJING LEAR DYMOS AUTOMOTIVE SYSTEMS CO., LTD

INNOCEAN WORLDWIDE COMMUNICATION PRIVATE LIMITED

JIANGSU HYUNDAI HYSCO STEEL PROCESS CO., LTD

HYSCO STEEL INDIA., LTD

INNOCEAN WORLDWIDE UK LIMITED

EUROTEM

HYUNDAI MOTOR MANUFACTURING CZECH, S.R.O.

AUTOEVER SYSTEMS INDIA PRIVATE LIMITED

ROTEM EQUIPMENTS (BEIJING) CO., LTD.

MOBIS ALABAMA INSTRUMENT PANEL, LLC

AUTOEVER SYSTEMS CHINA CO.,LTD.

KIA MOTORS MANUFACTURING GEORGIA, INC.

HMCIS B.V.

AUTOEVERSYSTEMS EUROPE GMBH

HYUNDAI MOTOR INDIA ENGINEERING

DYMOS CZECH REPUBLIC S.R.O

HYUNDAI AUTO CANADA CORP.

MOBIS AUTOMOTIVE CZECH S.R.O.

HYUNDAI MOTOR CIS LLC

MOBIS PARTS BRAZIL INTERMEDIACAO DE NEGOCIOS LTDA

HYUNDAI AUTONET INDIA ENGINEERING PRIVATE LIMITED

HYSCO CZECH S.R.O

AMCO CAMBODIA CO.,LTD.

GLOVIS LOGISTICS LTD.

GLOVIS CZECH REPUBLIC S.R.O.

INNOCEAN WORLDWIDE EUROPE GMBH

MOBIS GEORGIA, LLC

GLOVIS GEORGIA, LLC

GLOVIS HONG KONG CO.,LTD

Overseas Office

HYUNDAI WIA INDIA PRIVATE LTD.(INDIA)

 

HYUNDAI WIA AUTOMOBILE(SHANDONG) CO., LTD.(CHINA)

(30.0% held by the subject company)

Joint Venture

WIA MAGNA POWERTRAIN CO., LTD.(164811-0048707)

(50.0% held by the subject company)

 

HYUNDAI WIA IHI TURBO CORPORATION(161411-0030193)

Subsidiary

JIANGSU HYUNDAI WIA CO., LTD.(CHINA)

(100.0% held by the subject company)

 

WIA INTERNATIONAL TRADE CO., LTD.(CHINA)

(100.0% held by the subject company)

 

HYUNDAI-WIA INDIA PVT LTD

(100.0% held by the subject company)

 

WIA AUTOMOTIVE PARTS

(100.0% held by the subject company)

 

HYUNDAI-KIA MACHINE EUROPE GMBH(GERMANY)

(100.0% held by the subject company)

 

HYUNDAI-WIA MACHINE AMERICA CORP

(100.0% held by the subject company)

 

HYUNDAI METIA CORPORATION(194211-0000068)

(50.94% held by the subject company)

 

AUTOMOBILE INDUSTRIAL ACE(135011-0029352)

(100.0% held by the subject company)

 

AUTOMOBILE INDUSTRIAL ACE CO., LTD.(135011-0029352)

(100.0% held by the subject company)

 

HYUNDAI WIA MACHINE TOOL CO., LTD.(CHINA)

SHANDONG HYUNDAI WIA MOTOR DIES CO., LTD.(CHINA)

SHANDONG HYUNDAI WIA AUTOMOTIVE ENGINE COMPANY(CHINA)

BEIJING WIA TURBO CHARGER CO., LTD.(CHINA)

Corporate Ownership

HYUNDAY MOTOR COMPANY(110111-0085450)

Major Shareholders

HYUNDAY MOTOR COMPANY(110111-0085450)

Cooperative Enterprise

-Technical Support from

BISHOP- AUSTRALIA

UNIVANCE-JAPAN

APPH-UK

SOCIETE ANONYME AUTOMOBILES CITREON-FRANCE

HITACHI SEIKI

NSK, CITROEN

BOSCH BRAKE SYSTEM

NSK, CTIROEN

COLTEC INDUSTIES ISC

KAWASWKI HEAVY IND.ROBOT

N.S.K. C.V.JOINT

JIDOSHA KIKI CO,LTD,

HITACHI SEIKI

MANNESMAMN DEMAG AG

WANXIANG-CHINA

 

-Insured Company

HYUNDAI MARINE & FIRE INSURANCE CO., LTD.(110111-0035893)

 

 

Sales by Region (Activity & Markets)

 

Sales/ Unit :Mil KRW

2010

2009

2008

Export

3,048,385

1,837,756

1,994,542

Domestic

1,386,510

1,280,471

1,191,975

Total

4,434,895

3,118,227

3,186,517

 

The Subject exports to Mexico, India and Poland.

 

 

Court Action

 

Case No.

Court

Plaintiff(s)/ Creditor(s)/ Applicant(s)

Defendant(s)/ Debtor(s)/ Respondent(s)

Cause

Amount (Million KRW)

Status

 

 

Je Hae-Sung

The Subject Company

Receivables

25

Proceeding

 

 

Dale Turk

The Subject Company & Others(3)

Claim for Compensation from Damages

2,744

Proceeding

 

 

The Subject Company

Hyundae General Machine Co., Ltd.(Korea) & Others(1)

Receivables

683

Proceeding

 

 

The Subject Company

SK Total Marine Co., Ltd.

Transferring Properties

646

Proceeding

 

There are 15 cases filed as Defendant(s)/ Debtor(s)/ Respondent(s) amounting 9,600,000,000 KRW including above cases.

 

 

News Clipping

 

---------

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.15

UK Pound

1

Rs.100.54

Euro

1

Rs.73.97

 

 

INFORMATION DETAILS

 

Report Prepared by :

ASH

               

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.