|
Report No. : |
341059 |
|
Report Date : |
14.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
E LAND RETAIL, LTD. |
|
|
|
|
Registered Office : |
51, Jamwon-ro, Seocho-gu, Seoul, Korea
06511 |
|
|
|
|
Country : |
South
Korea |
|
|
|
|
Financials (as on) : |
30.06.2015 |
|
|
|
|
Date of Incorporation : |
22.12.1978 |
|
|
|
|
Com. Reg. No.: |
114-81-01855 |
|
|
|
|
Legal Form : |
Co., Ltd by shares |
|
|
|
|
Line of Business : |
Retail Sale in Other Non-Specialized Large Stores |
|
|
|
|
No. of Employees : |
3,986 |
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 : |
Good |
|
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 |
E LAND RETAIL, LTD. (Ex. Company
Name : NEW CORE CO., LTD., “(주)뉴코아”) (Korean Company
Name : “(주)이랜드리테일”) |
|
Registered Address |
51, Jamwon-ro, Seocho-gu, Seoul, Korea |
|
Building |
|
|
Zip Code |
06511 |
|
Tel |
+82-2-509-5000 |
|
Fax |
+82-2-509-6123~4 |
|
E-mail |
webmaster@newcore.co.kr |
|
Website |
www.newcore.co.kr |
|
Trading Address |
51, Jamwon-ro, Seocho-gu, Seoul, Korea (Old Address System : 70-2, Jamwon-dong,
Seocho-gu, Seoul, Korea) |
|
Tel |
+82-2-2012-5298 |
|
Fax |
+82-2-509-6123~4 |
|
Other Address |
7FL., E Land Bldg., 19-8, Changjeon-dong, Mapo-gu, Seoul, Korea |
|
Tel |
+82-2-323-0456 |
|
Fax |
+82-2-2214-9795 |
|
Other Address-Pyungchon Branch |
1039-3, Hogye-dong, Dongan-gu, Anyang-si,
Gyeonggi-do, Korea |
|
Tel |
+82-31-380-7777 |
|
Fax |
|
|
Other Address-Ilsan Branch |
797-2, Madu-dong, Ilsandong-gu, Goyang-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-900-5000 |
|
Fax |
|
|
Other Address-Yatop Branch |
357-1, Yatap-dong, Bundang-gu,
Seongnam-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-780-3000 |
|
Fax |
|
|
Other Address-Incheon Branch |
1465-1, Guwol-dong, Namdong-gu, Incheon, Korea |
|
Tel |
+82-32-430-5000 |
|
Fax |
|
|
Other Address-Pyeongtaek Branch |
830, Bijeon 2-dong, Pyeongtaek-si,
Gyeonggi-do, Korea |
|
Tel |
+82-31-650-6000 |
|
Fax |
|
|
Other Address- Sanbon Branch |
1231, Sanbon-dong, Gunpo-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-390-5000 |
|
Fax |
|
|
Other Address-Dong Suwon Branch |
1114-1, Ingye-dong, Paldal-gu, Suwon-si,
Gyeonggi-do, Korea |
|
Tel |
+82-31-231-6000 |
|
Fax |
|
|
Other Address-Gwangmyeong Branch |
38, Haan 1-dong, Gwangmyeong-si, Gyeonggi-do, Korea |
|
Tel |
+82-2-3397-2500 |
|
Fax |
|
|
Other Address-Gwacheon Branch |
1-19, Byeoryang-dong, Gwacheon-si,
Gyeonggi-do, Korea |
|
Tel |
+82-2-509-5000 |
|
Fax |
|
|
Other Address-Suncheon Branch |
San 89-8, Jorye-dong, Suncheon-si, Jeollanam-do, Korea |
|
Tel |
+82-61-720-5800 |
|
Fax |
|
|
Other Address-Ulsan Branch |
1360-3, Dal-dong, Nam-gu, Ulsan, Korea |
|
Tel |
+82-52-228-5000 |
|
Fax |
|
|
Other Address-Goejeong Branch |
961-1, Goejeong 3-dong, Saha-gu, Busan, Korea |
|
Tel |
+82-51-209-5000 |
|
Fax |
|
|
Other Address-Changwon Branch |
30-1, Paryong-dong, Changwon-si,
Gyeongsangnam-do, Korea |
|
Tel |
+82-55-270-7000 |
|
Fax |
|
|
Other Address-Ulsan Seongnam Branch |
249-1, Seongnam-dong, Jung-gu, Ulsan, Korea |
|
Tel |
+82-52-210-5000 |
|
Fax |
|
|
Other Address-Ansan Branch |
533, Gojan 2-dong, Danwon-gu, Ansan-si,
Gyeonggi-do, Korea |
|
Tel |
+82-31-8040-8500 |
|
Fax |
|
|
Other Address-Pyungchon Branch |
1039-3, Hogye-dong, Dongan-gu, Anyang-si,
Gyeonggi-do, Korea |
|
Tel |
+82-31-380-7777 |
|
Fax |
|
|
Other Address-Ilsan Branch |
797-2, Madu-dong, Ilsandong-gu, Goyang-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-900-5000 |
|
Fax |
|
|
Other Address-Yatop Branch |
357-1, Yatap-dong, Bundang-gu,
Seongnam-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-780-3000 |
|
Fax |
|
|
Other Address-Incheon Branch |
1465-1, Guwol-dong, Namdong-gu, Incheon, Korea |
|
Tel |
+82-32-430-5000 |
|
Fax |
|
|
Other Address-Pyeongtaek Branch |
830, Bijeon 2-dong, Pyeongtaek-si,
Gyeonggi-do, Korea |
|
Tel |
+82-31-650-6000 |
|
Fax |
|
|
Other Address- Sanbon Branch |
1231, Sanbon-dong, Gunpo-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-390-5000 |
|
Fax |
|
|
Other Address-Dong Suwon Branch |
1114-1, Ingye-dong, Paldal-gu, Suwon-si,
Gyeonggi-do, Korea |
|
Tel |
+82-31-231-6000 |
|
Fax |
|
|
Other Address-Gwangmyeong Branch |
38, Haan 1-dong, Gwangmyeong-si, Gyeonggi-do, Korea |
|
Tel |
+82-2-3397-2500 |
|
Fax |
|
|
Type |
Import/Export |
|
Industry |
Retail Sale in Other Non-Specialized Large Stores |
|
Main Business |
Department Store Operation Services, Retail Sail Large Stores |
|
Sub
Business |
|
|
Established (mm/dd/yyyy) |
12/22/1978 |
The Subject owns the
premises of registered HQ address, Pyeongtaek Branch and Suncheon Branch.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Distribution(80141700) |
|
Sell |
Domestic Appliances and Supplies and Consumer
Electronic Products(52000000) |
|
Sell |
Hotels(90111501) |
|
Name |
Lee Kwang-Il |
|
Address |
|
|
Date of Birth |
06/1960 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
230,710,190,000 |
||||||||||||||||||
|
Employees |
3,986 |
||||||||||||||||||
|
Formation |
Co., Ltd by shares A Company of E-LAND GROUP |
||||||||||||||||||
|
Bank Details |
Shinhan Bank Kookmin Bank Woori Bank-Seoul Station Branch SC First Bank of Korea-Shinbanpo Branch KEB Hana Bank-Shinchon Branch |
||||||||||||||||||
|
Corporate Registered No. |
110111-0243800 |
||||||||||||||||||
|
Business Registered No. |
114-81-01855 |
||||||||||||||||||
|
Permit & Licenses |
Int’l Trade No.: 45189917 |
||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||
|
Company History |
12/22/1978 Incorporated as HANSHIN
EDUCATION DEVELOPMENT CO., LTD. 01/1984 Changed company name to the present
name 12/03/1999 Approved of the Corporate
Clearing Procedure by Seoul District Court 12/30/2003 Approved of the Revised
Corporate Clearing Plan by Seoul District Court 06/15/2004 Completed the Corporate Clearing
Procedure 05/14/2008 The Subject and ELAND WORLD
LTD(110111-0365797) has signed the agreement to transfer the shares of ELAND
RETAIL LIMITED(120111-0402412) to SAMSUNG TESCO CO., LTD.(110111-1684037) 08/31/2009 Merged Distribution Business of E LAND WORLD CO., LTD., and
changed company name to the present name 05/2010 Acquired Distribution Business from HWASUNG INDUSTRIAL CO.,
LTD.(170111-0001131) |
||||||||||||||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Date of Birth |
|
President
& CEO |
Mr. |
Lee Kwang-Il |
Male |
Korean |
1960.06 |
|
Executive
Director & CEO |
Mr. |
Kim Yeon-Bae |
Male |
Korean |
1960.09 |
|
Vice
President |
Mr. |
Shin Dong-Ki |
Male |
Korean |
1956.04 |
|
Director |
Mr. |
Kim Am-In |
Male |
Korean |
1961.03 |
|
Director |
Mr. |
Jung Sung-Kwan |
Male |
Korean |
1966.07 |
|
Auditor |
Mr. |
Kim Bo-Gerl |
Male |
Korean |
1965.04 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
986,051,162,902 |
2,670,986,386,056 |
105,198,864,781 |
|
|
(*)2014 |
2,044,100,423,769 |
2,648,721,277,051 |
132,284,238,758 |
|
(*)2013 |
1,985,727,970,215 |
2,448,160,457,518 |
77,710,703,391 |
|
(*)2012 |
1,891,075,978,368 |
2,180,080,199,142 |
49,696,400,740 |
|
(*)2011 |
1,799,341,559,557 |
2,112,787,471,063 |
131,424,450,044 |
|
(*)2010 |
1,491,444,653,693 |
1,748,691,756,963 |
27,979,230,442 |
|
2009 |
932,497,282,696 |
1,282,178,566,007 |
31,336,087,894 |
|
2008 |
703,595,518,122 |
1,262,678,210,242 |
25,794,718,992 |
|
2007 |
730,352,722,854 |
934,709,048,822 |
-90,687,849,814 |
|
2006 |
739,045,661,802 |
1,031,015,762,482 |
8,075,106,034 |
|
2005 |
566,214,902,413 |
876,429,256,904 |
70,509,874,470 |
|
2004 |
407,862,877,754 |
986,261,890,640 |
94,984,691,880 |
|
2003 |
481,934,949,485 |
1,538,337,671,290 |
274,822,446,794 |
(*)Figures are based
on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
461,493,350,000 |
|
Paid-Up Capital(KRW) |
230,710,190,000 |
|
Total Issues Shares |
38,440,708 (Common: 25,047,851 /
Preferable: 13,392,857) |
|
Balance Sheet |
|||
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Total
Assets |
2,670,986,386,056 |
2,648,721,277,051 |
2,448,160,457,518 |
|
Current
Assets |
524,801,956,207 |
474,387,937,784 |
482,395,778,439 |
|
Cash
& Cash Equivalents |
46,472,475,359 |
18,144,402,412 |
19,344,182,587 |
|
Finance
Assets from this year's Income |
46,657,087,602 |
37,797,365,214 |
- |
|
Current
Financial Instruments |
4,331,900,000 |
3,262,685,000 |
34,766,990,656 |
|
Marketable
Financial Instruments |
6,094,462,870 |
3,892,563,870 |
2,536,520,700 |
|
Trade
Receivables & Other Receivables |
135,644,811,276 |
148,949,741,227 |
140,294,463,361 |
|
Inventories |
249,066,871,013 |
218,563,719,654 |
250,113,360,470 |
|
Other
Current Assets |
36,534,348,087 |
43,777,460,407 |
35,340,260,665 |
|
Non-Current
Assets |
2,146,184,429,849 |
2,174,333,339,267 |
1,965,764,679,079 |
|
Non-Current
Financial Instruments |
6,868,488,984 |
6,868,468,383 |
25,702,201,204 |
|
Non-Current
Marketable Financial Instruments |
13,050,617,606 |
14,566,177,606 |
2,590,057,000 |
|
Finance
Assets from this year's Income |
582,905,156 |
- |
|
|
Long-Term
Trade Receivables & Other Receivables |
231,142,119,726 |
168,098,831,953 |
171,062,120,383 |
|
Investment_Related
Companies |
387,262,102,751 |
410,991,907,839 |
305,172,850,439 |
|
Tangibles |
1,428,525,960,662 |
1,494,849,695,713 |
1,377,960,564,786 |
|
Intangibles |
5,825,520,255 |
6,223,410,928 |
7,397,115,383 |
|
Investment_Real
Estates |
26,228,161,745 |
26,288,277,155 |
25,683,262,635 |
|
Other
Non-Current Assets |
46,698,552,964 |
46,446,569,690 |
50,196,507,249 |
|
Total
Liabilities |
1,623,636,035,619 |
1,687,400,117,703 |
1,687,029,712,966 |
|
Current
Liabilities |
1,230,184,062,053 |
1,336,020,376,961 |
1,095,798,046,142 |
|
Trade
Payables & Other Payables |
289,939,241,176 |
390,838,648,606 |
389,854,273,034 |
|
Short-Term
Borrowings |
885,209,326,454 |
894,500,496,174 |
623,482,247,877 |
|
Finance
Liabilities from this year's Income |
- |
50,311,297 |
- |
|
Accrued
Income Tax |
20,239,182,097 |
23,242,376,107 |
55,779,471,145 |
|
Current
Portion of Provisions |
18,462,030,123 |
9,431,389,683 |
8,474,168,193 |
|
Other
Finance Liabilities |
98,770,816 |
93,568,008 |
453,962,561 |
|
Other
Current Liabilities |
16,235,511,387 |
17,863,587,086 |
17,753,923,332 |
|
Non-Current
Liabilities |
393,451,973,566 |
351,379,740,742 |
591,231,666,824 |
|
Long-Term
Trade Payables & Other Payables |
24,805,146,661 |
24,244,218,113 |
26,257,247,743 |
|
Long-Term
Borrowings |
321,413,023,177 |
289,896,408,878 |
532,061,551,578 |
|
Long-Term
Finance Liabilities from this year's Income |
1,267,990,440 |
- |
|
|
Confirmed
Salaries |
3,200,821,481 |
1,464,415,436 |
- |
|
Deferred
Income Tax Credit |
11,042,924,215 |
5,753,492,475 |
6,428,646,096 |
|
Other
Financial Debts |
|
|
101,079,452 |
|
Other
Non-Current Debts |
31,722,067,592 |
30,021,205,840 |
26,383,141,955 |
|
Capital
Stock |
230,710,190,000 |
230,710,190,000 |
163,745,905,000 |
|
Capital
Surplus |
328,895,869,026 |
328,895,869,026 |
99,942,427,344 |
|
Profit
Surplus |
457,870,487,032 |
372,282,156,049 |
467,833,146,174 |
|
Others |
29,873,804,379 |
29,432,944,273 |
29,609,266,034 |
|
Total
Equity |
1,047,350,350,437 |
961,321,159,348 |
761,130,744,552 |
|
Liab.
& Shareholder’s Equity |
2,670,986,386,056 |
2,648,721,277,051 |
2,448,160,457,518 |
|
Income Statement |
|||
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Sales |
986,051,162,902 |
2,044,100,423,769 |
1,985,727,970,215 |
|
Cost of Sold Goods |
435,452,827,618 |
918,994,043,064 |
882,230,860,228 |
|
Gross Profit |
550,598,335,284 |
1,125,106,380,705 |
1,103,497,109,987 |
|
Selling & Admin. Expenses |
445,567,224,475 |
890,573,437,658 |
904,960,537,967 |
|
Operating Income |
105,031,110,809 |
234,532,943,047 |
198,536,572,020 |
|
Other Income |
30,452,577,601 |
15,836,879,863 |
14,755,813,141 |
|
Other Expenses |
6,654,953,428 |
19,939,464,711 |
12,369,822,244 |
|
Finance Income |
7,984,336,954 |
14,390,809,268 |
15,390,231,993 |
|
Finance Expenses |
34,609,929,840 |
72,864,039,363 |
67,215,899,816 |
|
Income Before Taxes |
102,203,142,096 |
171,957,128,104 |
149,096,895,094 |
|
Income Taxes Expenses |
-2,995,722,685 |
39,672,889,346 |
71,386,191,703 |
|
Net Income |
105,198,864,781 |
132,284,238,758 |
77,710,703,391 |
|
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 |
10,193,226,532 |
190,546,106,359 |
173,712,355,123 |
|
Cash
Flows from Operating |
31,798,767,204 |
308,694,592,559 |
250,166,235,311 |
|
Interests
Received |
1,854,129,712 |
5,559,787,973 |
5,737,015,855 |
|
Interests
Paid |
-29,832,458,745 |
-60,528,638,599 |
-61,717,765,818 |
|
Dividends
Received |
1,228,663,315 |
9,528,937,616 |
7,169,111,049 |
|
Income
Taxes |
5,144,125,046 |
-72,708,573,190 |
-27,642,241,274 |
|
Cash
Flows from Investing |
-107,462,555,500 |
-287,034,330,001 |
-328,033,559,378 |
|
Cash
Flows from Financing |
125,592,137,843 |
95,288,443,467 |
148,141,951,339 |
|
Increase/Decrease
in Cash |
28,322,808,875 |
-1,199,780,175 |
-6,179,252,916 |
|
Cash
at the Beginning of Year |
18,144,402,412 |
19,344,182,587 |
25,531,923,652 |
|
Cash
at the End of Year |
46,472,475,359 |
18,144,402,412 |
19,344,182,587 |
|
Main Products & Services |
Department Store Operation Services, Retail Sail Large Stores, Outlet
Operation, Hotel Operation Brand Name : Kim’s Club, NewCore Outlet, NC
Department Store, Elcanto, Rexington |
|
Detailed Products Spec. |
|
|
Technologies Acquired |
|
|
Suppliers |
|
|
Customers |
|
|
Competitors |
SHINSEGAE CO., LTD. 52-5, CHUNGMURO 1-GA, JUNG-GU, SEOUL, KOREA TEL:+82-2-727-1234 FAX:+82-2-727-1189 SHINSEGAE MART CO., LTD. 7TH FL., KUKDONG BLDG., 60-1, CHUNGMURO 3-GA,
JUNG-GU, SEOUL, KOREA TEL:+82-2-3468-1234 FAX:+82-2-3468-1049 COSTCO WHOLESALE KOREA INC. COSTCO KOREA BLDG., 65, YANGPYEONGDONG
3-GA, YEONGDEUNGPO-GU, SEOUL, KOREA TEL:+82-2-2679-1234 FAX:+82-2-2630-2633 |
|
Affiliates |
E-WORLD CO.,LTD.(170111-0290867) DECO&E CO.,LTD.(110111-0409858) GLOBAL SPORTS CO., LTD.(110111-2111386) E-LAND WORLD CO., LTD.(110111-0365797) LEAD CO., LTD.(110111-0723555) E-LAND SYSTEMS CO., LTD.(110111-0747224) LEADON CO., LTD.(110111-2999352) ELAND CONSTRUCTION CO., LTD.(110111-0841688) ELAND SERVICE CO., LTD.(110111-3656688) WINE CASTLE CO., LTD.(134211-0080103) ELAND CHINA FASHION DESIGN CO.,
LTD.(110111-3814020) OLIVE STUDIO CO., LTD.(110111-3354571) ELAND GONG DEOK CO., LTD.(110111-5005718) |
|
Overseas Office |
|
|
Liaison Office |
|
|
Overseas Branch |
|
|
Joint Venture |
|
|
Subsidiary |
ELAND PARK LIMITED(144411-0000098) (85.2% held by the subject company) E-WORLD CO., LTD.(170111-0290867) (76.2% held by the subject company) WINE CASTLE LIMITED(134211-0080103) (100.0% held by the subject company) ELACANTO CO., LTD.(134211-0001183) (100.0% held by the subject company) MATNURI CO., LTD.(KOREA) (90.0% held by the subject company) KOWUN JOKYUNG CO., LTD.(110111-0808620) (100.0% held by the subject company) AEWOL INT'L CULTURE COMPLEX CO.,
LTD.(224111-0021514 ) (87.0% held by the subject company) ELAND CRUISE CO., LTD.(110111-1005407) (80.5% held by the subject company) TOURMALL CO., LTD.(110111-3964172) (100.0% held by the subject company) WAPOP CO., LTD.( 110111-2718570) (100.0% held by the subject company) YEJI SILUP CO., LTD.(115411-0000811) (50.0% held by the subject company) MICRONESIA RESORT, INC.(SAIPAN) (99.7% held by the subject company) PACIFIC RESORTS SAIPAN LTD.(SAIPAN) (100.0% held by the subject company) INTERPACIFIC RESORTS (SAIPAN) CORP (100.0% held by the subject company) CONSULTANT INTERNATIONAL(SAIPAN) (100.0% held by the subject company) SUWASO CORPORATION(SAIPAN) (80.0% held by the subject company) |
|
Corporate Ownership |
ELAND WORLD LTD.(110111-0365797) |
|
Major Shareholders |
ELAND WORLD LTD.(110111-0365797) |
|
Cooperative Enterprise |
-Insured Company DONGBU INSURANCE CO., LTD.(110111-0095285) SAMSUNG LIFE INSURANCE CO., LTD.(110111-0005953) |
|
Sales/ Unit :Mil KRW |
06/2015 |
2014 |
2013 |
|
Export |
984,843 |
9,478 |
7,528 |
|
Domestic |
1,208 |
2,034,622 |
1,978,200 |
|
Total |
986,051 |
2,044,100 |
1,985,728 |
Not Available.
Court Action
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
Seoul Central District Court |
The Subject Company |
Jungoh Development Co., Ltd & Other |
Claim for Loan |
2,336,000,000 |
Proceeding |
|
|
Seoul Central District Court |
STS City Development Co., Ltd. & Others |
The Subject Company |
Claim for Damages |
8,367,000,000 |
Proceeding |
-------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.39 |
|
|
1 |
Rs.102.59 |
|
Euro |
1 |
Rs.74.90 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.