|
Report No. : |
346190 |
|
Report Date : |
26.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
LG HAUSYS, LTD. |
|
|
|
|
Registered Office : |
10, Gukjegeumyung-Ro, Yeongdeungpo-Gu,
Seoul, IFC Bldg., Korea 07326 |
|
|
|
|
Country : |
South
Korea |
|
|
|
|
Financials (as on) : |
30.06.20015 |
|
|
|
|
Date of Incorporation : |
02.04.2009 |
|
|
|
|
Com. Reg. No.: |
107-87-18122 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
· Manufacture of Plastic Windows and Doors · Manufacture of Wall and Floor Coverings of Plastics |
|
|
|
|
No. of Employees : |
3,131 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
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 |
LG HAUSYS, LTD. |
|
Registered Address |
10, Gukjegeumyung-ro, Yeongdeungpo-gu,
Seoul, Korea |
|
Building |
IFC Bldg. |
|
Zip Code |
07326 |
|
Tel |
+82-2-3777-1114 |
|
Fax |
+82-2-3773-7040 |
|
E-mail |
hysind@lghausys.com;kbrmiki@lghausys.com;puruz@lghausys.com mcchun@lghausys.com;alexandre@lghausys.com;jmohb@lghausys.com lgchem@lghausys.com;shminb@lghausys.com |
|
Website |
www.lghausys.co.kr |
|
Trading Address |
IFC Bldg., 10, Gukjegeumyung-ro,
Yeongdeungpo-gu, Seoul, Korea (Old Address System : IFC Bldg., 23,
Yeouido-dong, Yeongdeungpo-gu, , Seoul, Korea) |
|
Tel |
+82-2-3777-1114 |
|
Fax |
+82-2-3773-7813 |
|
Other Address-Cheongju Factory |
150,Songjeong-dong, Heungdeok-gu,
Cheongju-si, Chungbuk-do 361-721 Korea |
|
Tel |
+82-43-261-7114 |
|
Fax |
+82-43-261-7136 |
|
Other Address-Ulsan Factory |
388, Mangyang-ri, Onyang-eup, Ulju-gun,
Ulsan 689-901 Korea |
|
Tel |
+82-52-231-4114 |
|
Fax |
+82-51-231-4382 |
|
Other Address-Onsan Factory |
580, Hwasan-ri, Onsan-eup, Jlju-gun, Ulsan
689-896 Korea |
|
Tel |
+82-52-231-5114 |
|
Fax |
+82-52-231-5007 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Plastic Windows and Doors |
|
Main Business |
PVC Window & Doors, Flooring Materials, Wallpaper, Artificial
Marble, Woods, Deco Sheet, Mats, Tarpaulin, Upholstery Material for Sofa,
Automotive Components |
|
Sub
Business |
Manufacture of Wall and Floor Coverings of Plastics |
|
Established (mm/dd/yyyy) |
04/02/2009 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Films(13111200) |
|
Sell |
Pipe(40142100) |
|
Sell |
Transportation components and systems(25170000) |
|
Sell |
Synthetic or imitation leather(11162307) |
|
Sell |
Flooring(30161700) |
|
Sell |
Wall finishing materials(30161500) |
|
Sell |
Restroom partitions(30181508) |
|
Sell |
Films(13111200) |
|
Sell |
Tiles and flagstones(30131700) |
|
Sell |
Window frames(30171900) |
|
Sell |
Doors(30171500) |
|
Sell |
Rugs and mats(52101500) |
|
Sell |
Door frames(30171507) |
|
Sell |
Billboard advertising(82101501) |
|
Sell |
Additives(12160000) |
|
Sell |
Heating equipment and parts and accessories(40101800) |
|
Sell |
Molding(30161906) |
|
Name |
Oh Jang-Soo |
|
Address |
|
|
Date of Birth |
11/1954 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
50,000,000,000 |
||||||||||||||||||||||||
|
Employees |
3,131 |
||||||||||||||||||||||||
|
Formation |
Listed Company(Korea stock Exchange : 108670) as of 04/20/2009 A Company of LG Business Group |
||||||||||||||||||||||||
|
Bank Details |
Woori Bank-Twin Tower Branch Hana Bank |
||||||||||||||||||||||||
|
Corporate Registered No. |
110111-4071207 |
||||||||||||||||||||||||
|
Business Registered No. |
107-87-18122 |
||||||||||||||||||||||||
|
Permit & Licenses |
Int’l Trade No.: 30646627 |
||||||||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||||||||
|
Company History |
04/01/2009 Spin off from LG CHEM LTD.(110111-2207995) by
taking the Industrial Material Business Division 04/02/2009 Incorporated as LG HAUSYS,
LTD.(110111-4071207) 10/24/2011 Moved to the present HQ address from 7th Fl., LG Twin
Tower, 20, Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea |
||||||||||||||||||||||||
|
|
|
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
President & CEO |
Mr. |
Oh Jang-Soo |
Korean |
1954.11 |
McGill University |
|
Chairman |
Mr. |
Ha Hyun-Hoi |
Korean |
1956.12 |
Chicago University, USA |
|
Director & CFO |
Mr. |
Kim Hong-Ki |
Korean |
1962.09.07 |
Waseda University, Japan |
|
Director |
Mr. |
You Ji-Young |
Korean |
1962.10.02 |
Seoul National University, Korea |
|
Outside Director / Auditor |
Mr. |
Oh Chan-Seok |
Korean |
1954.12.20 |
Busan National University, Korea |
|
Outside Director / Auditor |
Mr. |
Kim Jin-Kon |
Korean |
1957.12 |
Polytechnic University |
|
Outside Director / Auditor |
Mr. |
Bae Jong-Tae |
Korean |
1959.12 |
KAIST, Korea |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
1,170,828,000,000 |
1,985,611,000,000 |
36,342,000,000 |
|
|
(*)2014 |
2,440,439,000,000 |
1,781,223,000,000 |
57,844,000,000 |
|
(*)2013 |
2,285,965,000,000 |
1,713,858,000,000 |
70,826,000,000 |
|
(*)2012 |
2,073,996,000,000 |
1,535,955,000,000 |
43,109,000,000 |
|
2011 |
2,067,165,000,000 |
1,641,318,000,000 |
40,534,000,000 |
|
2010 |
1,939,116,000,000 |
1,381,484,000,000 |
41,490,000,000 |
|
2009 |
1,440,890,000,000 |
1,315,122,000,000 |
23,267,000,000 |
(*)Figures are based
on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
175,000,000,000 |
|
Paid-Up Capital(KRW) |
50,000,000,000 |
|
Total Issues Shares |
10,000,000(Common : 8,967,670, Preferable : 1,032,330) |
|
Balance Sheet |
|||
|
Unit : Million Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Total
Assets |
1,985,611 |
1,781,223 |
1,713,858 |
|
Current Assets |
940,390 |
753,468 |
793,541 |
|
Cash
& Cash Equivalents |
219,105 |
101,422 |
80,754 |
|
Trade
Receivables |
558,516 |
486,179 |
562,591 |
|
Other
Current Assets |
11,317 |
13,713 |
13,866 |
|
Inventories |
151,452 |
152,154 |
136,330 |
|
Non-Current Assets |
1,040,370 |
1,013,488 |
889,696 |
|
Long-Term
Trade Receivables |
28,967 |
27,005 |
27,139 |
|
Non-Current
Financial Instruments |
2,719 |
2,864 |
4,571 |
|
Investment_Related
Companies |
165,856 |
165,856 |
165,856 |
|
Deferred
Income Tax Assets |
8,290 |
5,036 |
6,907 |
|
Other
Non-Current Assets |
1,508 |
1,848 |
1,889 |
|
Tangibles |
795,039 |
773,861 |
651,029 |
|
Intangibles |
37,991 |
37,018 |
32,305 |
|
Non-Current Assets to be Sold |
4,851 |
14,267 |
30,621 |
|
Total Liabilities |
1,115,778 |
929,334 |
900,953 |
|
Current Liabilities |
436,046 |
460,188 |
576,961 |
|
Trade Payables |
388,568 |
409,217 |
445,173 |
|
Short-Term
Borrowings |
12,630 |
31,770 |
112,390 |
|
Other
Current Financial Debts |
1,271 |
2,856 |
454 |
|
Provisions |
2,004 |
1,029 |
1,918 |
|
Accrued
Income Tax |
14,174 |
7,994 |
7,287 |
|
Other
Current Liabilities |
17,399 |
7,322 |
9,739 |
|
Non-Current Liabilities |
679,732 |
469,146 |
323,992 |
|
Long-Term
Trade Payables & Other Payables |
5,138 |
5,417 |
154 |
|
Long-Term
Borrowings |
649,274 |
449,929 |
300,454 |
|
Non-Current Finance Debts |
850 |
0 |
0 |
|
Provision
for Severance & Retirement |
24,470 |
13,800 |
23,384 |
|
Capital Stock |
50,000 |
50,000 |
50,000 |
|
Capital
Surplus |
621,304 |
621,304 |
621,304 |
|
Others |
-2,742 |
-2,632 |
-2,344 |
|
Profit
Surplus |
201,271 |
183,217 |
143,945 |
|
Total
Equity |
869,833 |
851,889 |
812,905 |
|
Liab.
& Shareholder’s Equity |
1,985,611 |
1,781,223 |
1,713,858 |
|
Income Statement |
|||
|
Unit : Million Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Sales |
1,170,828 |
2,440,439 |
2,285,965 |
|
Cost
of Sold Goods |
877,686 |
1,897,270 |
1,793,587 |
|
Gross
Profit |
293,142 |
543,169 |
492,378 |
|
Selling
& Admin. Expenses |
227,967 |
424,286 |
396,835 |
|
Operating
Income |
65,175 |
118,883 |
95,543 |
|
Non-Operating
Profits |
-18,379 |
-19,106 |
-7,103 |
|
Other
Non-Operating Income |
10,019 |
37,003 |
63,627 |
|
Other
Non-Operating Expenses |
-20,951 |
-44,035 |
-60,901 |
|
Finance
Income |
1,508 |
4,453 |
5,447 |
|
Finance
Expenses |
-8,955 |
-16,527 |
-15,276 |
|
Income
Before Taxes from Continues Business |
46,796 |
99,777 |
88,440 |
|
Income
Taxes from Continues Business |
10,403 |
41,793 |
17,195 |
|
Income
from Continues Business |
36,393 |
57,984 |
71,245 |
|
Income
from Stopped Business |
-51 |
-140 |
-419 |
|
Net
Income |
36,342 |
57,844 |
70,826 |
|
Cash Flows |
|||
|
Unit : Million Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Operating
Activities Cash Flows |
22,490 |
153,035 |
112,950 |
|
Cash
Flows from Operating |
36,236 |
204,286 |
129,800 |
|
Interests
Received |
1,028 |
2,980 |
6,145 |
|
Interests
Paid |
-7,468 |
-15,284 |
-16,206 |
|
Income
Tax |
-7,322 |
-38,976 |
-6,815 |
|
Dividends
Received |
16 |
29 |
26 |
|
Cash Flows from Investing |
-67,635 |
-183,118 |
-130,824 |
|
Cash Flows from Financing |
162,813 |
51,154 |
32,383 |
|
Increase/Decrease in Cash |
117,668 |
21,071 |
14,509 |
|
Cash at the Beginning of Year |
101,422 |
80,754 |
66,394 |
|
Cash at the End of Year |
219,105 |
101,422 |
80,754 |
|
Main Products & Services |
Window Materials -PVC Window -Aluminum Windows Interior Materials -Flooring -Wallpapers And Hi-Macs Highly-Functional Materials -Surface Materials -Car Parts |
|
Detailed Products Spec. |
|
|
Technologies Acquired |
|
|
Suppliers |
LG CHEM LTD.(110111-2207995) LG MMA CORPORATION(206211-0001805) |
|
Customers |
|
|
Competitors |
KUMO HITECH CORPORATION 218-6, YONGAM-RI, EUNHYEON-MYEON,
YANGJU-SI, GYEONGGI-DO, KOREA TEL:+82-31-861-5300 FAX:+82-31-862-1254 PNS THEZONE P.V.C WINDOW & DOOR CO.,
LTD. 272-7, HAKJANG-DONG, SASANG-GU, BUSAN,
KOREA TEL:+82-51-316-5900 FAX:+82-51-315-0777 SHINE SYSTEM CO., LTD. GUEMSEONG NONG GONG DANJI, 749, HASIN-RI,
GEUMSEONG-MYEON, GEUMSAN-GUN, CHUNGCHEONGNAM-DO, KOREA TEL:+82-41-753-8610 FAX:+82-41-754-8614 |
|
Affiliates-Domestic |
LG CORP.(110111-0003543) LG ELECTRONICS INC.(110111-2487050) LG DACOM CORPORATION(110111-0315948) LG INTERNATIONAL CORP(110111-0004632) LG CHEM LTD.(110111-2207995) LG HOUSEHOLD & HEALTH CARE
LTD.(110111-2208000) LG LIFE SCIENCES CO., LTD.(110111-2581183) LG DISPLAY CO., LTD.(110111-0393134) LG TELECOM CO., LTD.(110111-1296676) LG INNOTEK CO., LTD.(110111-0192180) LG MICRON LTD.(175311-0001075) LG DOW POLYCARBONATE CO.,
LTD.(206211-0014519) LG CNS CO., LTD.(110111-0516695) LG SPORTS CO., LTD.(110111-0359300) LG MANAGEMENT DEVELOPMENT INSTITUTE CO.,
LTD.(110111-0423494) SILTRON INCORPORATED(175311-0001348) LG MMA CORPORATION(206211-0001805) DACOM MULTIMEDIA INTERNET
CORPORATION(110111-1905441) DACOM CROSSING CORPORATION(110111-2234683) SERVEONE(110111-2411520) LG N SYS CO., LTD.(110111-2397027) HIPLAZA CO., LTD.(131111-0028801) LG POWERCOM CORPORATION(110111-1863889) HI BUSINESS LOGISTICS CO.,LTD. V-ENS CO., LTD.(120111-0334897) LUSEM CO., LTD.(176011-0038073) CS LEADER CO., LTD.(110111-2271924) AIN TELE SERVICE CO., LTD.(180111-0367581) BIZ TECH & EKTIMO CO.,
LTD.(110111-2689507) LG SOLAR ENERGY INC.(110111-3759408) COCA-COLA BEVERAGE CO.,
LTD.(110111-1342130) UCESS PARTNERS CO., LTD.(110111-3798026) SYSTEM AIR-CON ENGINEERING INCORPORATION(110111-3371989) JIHEUNG CO., LTD.(180111-0630053) CS ONE PARTNER CORPORATION(110111-3961756) SEETECH CO., LTD. TWIN WINE CO., LTD.(110111-3791129) KOREA COMMERCIAL VEHICLE CO.,
LTD.(200111-0105200) GIOVINE CO., LTD.(110111-3942714) PIXDIX CO., LTD.(110111-3947657) LG HAUSYS, LTD.(110111-4071207) |
|
Affiliates-Overseas |
TIANJIN LG NEW BUILDING MATERIALS CO, LTD. LG HAUSYS AMERICA, INC. LG HAUSYS TRADING CO, LTD. LG HAUSYS EUROPE GMBH LG HAUSYS RUS, LLC |
|
Affiliates-Overseas |
LG INNOTEK HUIZHOU CO.,LTD SERVEONE(NANJING) COMPANY LIMITED ARCELIC-LG KLIMA SANAYI VE TICARTE
A.S(LGEAT) BEIJING LG HOUSEHOLD CHEMICAL CO., LTD. CCKBC(NETHERLANDS)HOLDING Ⅰ BV CCKBC(NETHERLANDS)HOLDING Ⅱ BV COMPACT POWER INC. DACOM AMERICA INC. DE ZWARTE PONK B.V.(DZP) EIC PROPERTIES PTE.LTD. ELECTROMAGNETICA GOLDSTAR S.R.L EPC MUNAI LLP FOSCO B.V. GFTZ LG INTERNATIONAL LTD. GLOBAL PROFESSIONAL SOURCING CO., LTD GUANGZHOU NEW VISION TECHNOLOGY RESEARCH
AND DEVELOPMENT LIMITED HANGZHOU LG COSMETICS CO., LTD. HI LOGISTICS CHINA HI LOGISTICS EUROPE B.V. LANCHAO LG(YANTAI)DIGITAL MOBILE TECH&
DEVELOP.CO. INSPUR LG DIGITAL MOBILE
COMMUNICATIONS.CO., LTD. LG (TIMOR SEA 06-102) LTD LG (YANTAI) INFORMATION & COMMUNICATION
TECH. LG ALINA ELECTONICS(LGERI) LG CHEM BRASIL INTERMEDICAO DE NEGOCIOS DO
SETOR QUIMICO LTDA. LG CHEM DISPLAY MATERIAL CO., LTD LG CHEM EUROPE GMBH LG CHEM INDUSTRIAL MATERIALS INC. LG CHEM POLAND SP. Z O. O. LG CHEM TAIWAN, LTD. LG CHEM(CHINA)INVESTMENT CO.,LTD. LG CHEM(NANJING) INFO & ELECTRONIC
MATERIALS CO. LTD LG CHEM(TIANJIN) ENGINEERING PLASTICS CO.,
LTD LG CHEMICAL AMERICA INC. LG CHEMICAL HONG KONG LTD. LG CHEMICAL INDIA PRIVATE LTD. LG CHEMICAL TRADING CO., LTD LG CHEMICAL(GUANGZHOU) ENGINEERING PLASTICS
CO.,LTD LG CNS AMERICA, INC LG CNS BRASIL SERVICOS DE T.I.LTDA LG CNS CHINA, INC LG CNS EUROPE B.V LG CNS GLOBAL PRIVATE LIMITED |
|
Affiliates-Overseas |
LG ELECTRONICS RUS-MARKETING, LLC LG ELECTRONICS S.A.(PTY) LTD. (LGESA) LG ELECTRONICS SINGAPORE PTE LTD LG ELECTRONICS TAIWAN TAIPEI CO., LTD. LG ELECTRONICS THAILAND CO.,LTD.(LGETH) LG ELECTRONICS TIANJIN APPLIANCES CO., LTD. LG ELECTRONICS TICARET A.S LG ELECTRONICS UKLAINE LG ELECTRONICS UNITED KINGDOM LTD. (LGEUK) LG ELECTRONICS USA INC. (LGEUS) LG ELECTRONICS VIETNAM LTD. (LGESV) LG ELECTRONICS WALES LTD. (LGEWA) LG ELECTRONICS WROCLAW SP. ZO.O LG ELECTRONICS(CHINA) RESEARCH AND
DEVELOPMENT CENTER CO., LTD LG H&H TRADING(SHANGHAI) CO.LTD. LG HOLDINGS LTD. (LGHK) LG HOUSEHOLD & HEALTH CARE AMERICA, INC LG INNOTEK MEXICALI S.A. DE C.V LG INNOTEK POLAND SP. ZO.O. LG INNOTEK USA INC. LG INNOTEK YANTAI CO., LTD LG INTERNATIONAL AMERICA INC. LG INTERNATIONAL CORP.(SINGAPORE) PTE. LTD. LG INTERNATIONAL JAPAN LTD. LG INTERNATIONAL INVESTMENT (CANADA) LTD. LG INTERNATIONAL SAUDI LLC LG INTERNATIONAL(AUSTRALIA) PT'S, LTD. LG INTERNATIONAL(DEUTCHLAND) GMBH LG INTERNATIONAL(HK) LIMITED LG INTERNATIONAL(U.K.) LTD. LG LIFE SCIENCES INDIA PVT,LTD LG LIFE SCIENCES POLAND, LTD LG MICRON(FUJIAN) ELECTRONICS CO.,LTD LG MICRON(TAIWAN) LTD. LG MITR ELECTRONICS CO., LTD. (LGEMT) LG PHILIPS LCD AMERICA INC. LG PHILIPS LCD GERMANY GMBH LG PHILIPS LCD HONGKONG CO.,LTD LG PHILIPS LCD JAPAN CO.LTD. LG PHILIPS LCD NANJING CO. LTD LG.PHILIPS LCD SHENZEN CO., LTD. LG PHILIPS LCD TAIWAN CO. LTD. (LGPLT) |
|
Affiliates-Overseas |
LG CNS JAPAN, INC LG CNS PHILIPINES, INC LG ELCTRONICS NORWAY AS LG ELECTONICS HUIZHOU LTD. LG ELECTRONICS (KUNSHAN) COMPUTER CO., LTD. LG ELECTRONICS (LEVANT) - JORDAN LG ELECTRONICS (NANJING) PLASMA CO., LTD LG ELECTRONICS (SHENYANG) INC.(LGESY) LG ELECTRONICS AFRICA LOGISTICS FZE LG ELECTRONICS ALAMABA, INC. (LGEAI) LG ELECTRONICS ALMATY KAZAK CO.,
LTD.(LGEAK) LG ELECTRONICS ARGENTINA S.A.(LGEAR) LG ELECTRONICS AUSTRALIA PTY., LTD. (LGEAP) LG ELECTRONICS AUSTRIA GMBH LG ELECTRONICS BENELUX SALES B.V. LG ELECTRONICS CANADA,INC. (LGECI) LG ELECTRONICS CHINA CO., LTD. (LGECH) LG ELECTRONICS COLOMBIA, LTDA.(LGECB) LG ELECTRONICS CZECH S.R.O. LG ELECTRONICS DA AMAZONIA LTDA (LGEAZ) LG ELECTRONICS DE SAO PAULO LTDA. (LGESP) LG ELECTRONICS DEUTSCHLAND.GMBH. (LGEDG) LG ELECTRONICS EGYPT CARIO S.A.E (LGEEC) LG ELECTRONICS EGYPT S.A.E. (LGEEG) LG ELECTRONICS ESPANA S.A. (LGEES) LG ELECTRONICS EUROPEAN HOLDINGS B.V. LG ELECTRONICS EUROPEAN LOGISTICS &
SERVICES B.V. LG ELECTRONICS EUROPEAN SHARED SERVICE
CENTER B.V. LG ELECTRONICS FRANCE S.A.R.L. LG ELECTRONICS GULF FZE (LGEGF) |
|
Affiliates-Overseas |
LG ELECTRONICS HELLAS S.A LG ELECTRONICS HK LTD.(LGEHK) LG ELECTRONICS INC. CHILE LIMITADA LG ELECTRONICS INDIA (PVT.) LTD. (LGEIL) LG ELECTRONICS ITALY S.P.A. (LGEIS) LG ELECTRONICS JAPAN INC. (LGEJP) LG ELECTRONICS JIT EUROPE B.V LG ELECTRONICS LATVIA LLC LG ELECTRONICS MAGYAR KFT. (LGEMK) LG ELECTRONICS MALAYSIA SDN. BHD.(LGEML) LG ELECTRONICS MEXICALI, S. A. DE C. V.
(LGEMX) LG ELECTRONICS MEXICO S.A. DE C.V (LGEMS) LG ELECTRONICS MIDDLE EAST CO., LTD. LG ELECTRONICS MLAWA SP.ZO.O (LGEMA) LG ELECTRONICS MOBILE RESEARCH U.S.A. LLC
(LGEMR) LG ELECTRONICS MOBILECOMM FRANCE S.A.S LG ELECTRONICS MOBLECOMM U.S.A.,
INC.(LGEMU) LG ELECTRONICS MONTERREY MEXICO S.A. DE
C.V. LG ELECTRONICS MOROCCO SARL(LGEMC) LG ELECTRONICS NANJING DISPLAY CO.,LTD LG ELECTRONICS(HANGZHOU) RECORDING MEDIA
CO., LTD LG ELECTRONICS NIGERIA LIMITED(LGENI) LG ELECTRONICS NORDIC AB LG ELECTRONICS OVERSEAS TRADING FZE LG ELECTRONICS PANAMA S.A. (LGEPS) LG ELECTRONICS PERU S.A. (LGEPR) LG ELECTRONICS PHILIPPINES, INC. (LGEPH) LG ELECTRONICS POLSKA SP.ZO.O (LGEPL) LG ELECTRONICS PORTUGAL S.A. LG ELECTRONICS QINHUANGDAO CO.,LTD(LGEQH) LG ELECTRONICS RAYNOSA, S.A.DE C.V(LGERS) LG ELECTRONICS ROMANIA S.R.L LG ELECTRONICS RUS.LLC |
|
Affiliates-Overseas |
LG PROPERTIES PTE. LTD. LG SOFT INDIA PVT LTD.(LGSI) LG SOLID SOURCE, LLC LG VINA CHEMICAL J/V COMPANY LG VINA COSMETICS LG.PHILIPS LCD GUANGZHOU CO., LTD.(LPLGZ) LG.PHILIPS LCD POLAND SP. Z O.O. LG.PHILIPS LCD SHANGHAI CO., LTD. LG-SHAKER CO.,LTD MONGOLIA RESOURCES INVESTMENT LIMITED NAKHODKA FEZ TELECOMMUNICATIONS
CO.LTD.(ROKOTEL) NANJING LG INTERNATIONAL VMI LTD.CO. NANJING LG PANDA APPLIANCES CO., LTD.
(LGEPN) NINGBO LG YONGXING CHEMICAL CO., LTD. PHILCO RESOURCES LIMITED PT LG CNS INDONESIA PT LG ELECTRONICS INDONESIA (LGEIN) PT. BATUBARA GLOBAL ENERGY PT. GOLDEN HYUNDAI MACHINERY(PT.GHM) PT. KIMCO ENERGY UTAMA PT. LG INNOTEK INDONESIA PT. TUTUI BATUBARA UTAMA QINGDAO LG INSPUR DIGITAL COMMUNICATION
CO., LTD. RESOURCES INVESTMENT (H.K) LIMITED SHANGHAI LG ELECTRONICS CO., LTD.
(LGESH) SILTRON AMERICA, INC. TAIZHOU LG ELECTRONIC REFRIGERATION
CO.LTD(LGETR) TIANJIN LG BOHAI CHEMICL CO.,LTD. TIANJIN LG DAGU CHEMICAL CO., LTD. TIANJIN LG NEW BUILDING MATERIALS CO., LTD. TRIVENI DIGITAL INC. V-ENS(M) SDN. BHD. ZENITH ELECTRONICS CO. (ZENITH) |
|
Overseas Office |
|
|
Liaison Office |
|
|
Overseas Branch |
|
|
Joint Venture |
LG TOSTEM BM CO., LTD.(110111-4080688) (51.0% held by the subject company, and 49.0% held by Tostem(Japan)) HAUSYS INTERPANE, LTD.( 230111-0168798) (80.0% held by the subject company, and 20.0% held by
INTERPANE(Germany)) |
|
Subsidiary |
HAUSYS ENG CO., LTD.(110111-4123389) (100.0% held by the subject company) HAUSYS INTERPANE, LTD.(230111-0168798) (88.9% held by the subject company) LG HAUSYS TIANJIN CO., LTD. (100.0% held by the subject company) 12, QUANFA ROAD, WUQING DEV AREA, TIANJIN, CHINA LG HAUSYS AMERICA, INC. (100.0% held by the subject company) 900 CIRCLE 75 PWKY SUITE#1500 ATLANTA GA30339 LG HAUSYS TRADING CO, LTD (100.0% held by the subject company) 30TH FLOOR, ZHAOFENG PLAZA, NO.1027 CHANGNING RD., CHANGNING DISTRICT,
SHANGHAI CHINA LG HAUSYS EUROPE GMBH (100.0% held by the subject company) 15 LYONER STRASSE, 60528 FRANKFURT AM MAIN, GERMANY LG HAUSYS RUS, LLC (100.0% held by the subject company) LESNAYA PLAZA 8TH FLOOR, 4, 4TH LESNOY PEREULOK, MOSCOW, 125047,
RUSSIA LG HAUSYS INDIA PRIVATE LIMITED (100.0% held by the subject company) C - 107, FIRST FLOOR, ANAND NIKETAN, NEW DELHI - 110021,DELHI, INDIA LG HAUSYS (WUXI) CO., LTD. (100.0% held by the subject company) NO.98 MEILYULU NEW DISTRICT WUXI, JIANGSU, CHINA, 214028 LG HAUSYS (TIANJIN) ENGINEERING CO., LTD 12, CHUNBAL ROAD, MUCHUNG DEV AREA, TIANJIN, CHINA |
|
Corporate Ownership |
|
|
Major Shareholders |
|
|
Cooperative Enterprise |
TOSTEM CORPORATION ARUP SHAW(USA) INTERPANE(GERMANY) |
|
Sales/ Unit :Mil KRW |
09/2011 |
2010 |
2009 |
|
Export |
716,919 |
836,342 |
547,347 |
|
Domestic |
1,110,339 |
1,405,723 |
1,115,189 |
|
Total |
1,827,258 |
2,242,065 |
1,662,536 |
The Subject exports
to Central & West Europe, CIS, India, Southeast Asia, Japan, Mexico,
Central & South America, North America, Russia UK, East and South Europe.
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (Million KRW) |
Status |
|
|
|
The Subject Company (17 Cases) |
|
- |
1,456 |
Proceeding |
|
|
|
|
The Subject Company (9 Cases) |
- |
6,870 |
Proceeding |
------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.88 |
|
|
1 |
Rs.99.89 |
|
Euro |
1 |
Rs.72.06 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
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.