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|
|
MIRA
INFORM REPORT
|
Report No. : |
485258 |
|
Report Date : |
11.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
HANWHA CORPORATION |
|
|
|
|
Formerly Known As : |
KOREA EXPLOSIVE CO., LTD |
|
|
|
|
Registered Office : |
86, Cheonggyecheon-ro, Jung-gu, Seoul, Korea, 24th Fl., Hanwha Bldg., 04541 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
30.09.2017 |
|
|
|
|
Date of Incorporation : |
28.10.1952 |
|
|
|
|
Com. Reg. No.: |
202-81-16825 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
·
Manufacture of Explosives and Pyrotechnic
Products ·
Manufacture of Industrial Ovens, Furnaces and Furnace
Burners, Industrial Explosive, Network Equipment, CDMA, Industrial Furnaces,
RTO, Industrial Machinery, Machine Tool, Automation Equipment ·
Manufacture of Other Machine-Tools for Working |
|
|
|
|
No. of Employees : |
5,782 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A++ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
Status : |
Excellent |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 2016, the economy experienced slow growth – 2%-3% per year - due to sluggish domestic consumption, a drop in foreign demand for South Korean exports, increased competition from regional rivals such as China and Japan, and declining investment. The administration in 2016 faced the challenge of balancing heavy reliance on exports with domestic restructuring efforts in the country’s shipbuilding and shipping industries.
The South Korean economy's short-term challenges include a potential loss of consumer confidence due to issues with its mobile phone industry, as well as uncertainty stemming from a tumultuous domestic political situation. In the long-term, South Korea must deal with a rapidly aging population, inflexible labor market, dominance of large conglomerates (chaebols), and the heavy reliance on exports, which comprise more than 40% of GDP. South Korea’s low overall unemployment rate masks problems with high youth unemployment, low worker productivity, high labor underutilization, and low female participation in the workforce. The government has tried to implement structural reforms, but continues to face significant headwind from vested interests. Finally, the country could eventually face an unprecedented financial burden in the event the unification of the Korean Peninsula were to occur.
|
Source : CIA |
Basic Information
|
Company Name |
HANWHA CORPORATION (Trade Name : HWC) |
|
Registered Address |
86, Cheonggyecheon-ro, Jung-gu, Seoul,
Korea |
|
Building |
24th Fl., Hanwha Bldg. |
|
Zip Code |
04541 |
|
Tel |
+82-2-729-1114 |
|
Fax |
+82-2-729-1762 |
|
E-mail |
hanwhacorp@hanwha.co.kr;calmmoon@hanwha.co.kr;swhong26@hanwha.co.kr |
|
Website |
www.hanwhacorp.co.kr |
|
Trading Address |
86, Cheonggyecheon-ro, Jung-gu, Seoul,
Korea (Old Address System : 24th Fl., Hanwha Bldg.,
1, Janggyo-dong, Jung-gu, Seoul, Korea (C.P.O Box 7423 Seoul)) |
|
Tel |
+82-2-729-1114 |
|
Fax |
+82-2-729-1762 |
|
Other Address-Changwon Factory(Ex. HANWHA TECHM CO., LTD.) |
9, Seongsanpaechong-ro, Seongsan-gu,
Changwon-si, Gyeongsangnam-do, Korea (Old Address System : 59, Seongsan-dong,
Seongsan-gu, Changwon-si, Gyeongsangnam-do, Korea) |
|
Tel |
+82-55-280-8988 |
|
Fax |
+82-55-280-4664 |
|
Other Address-Seoul Office |
4FL., Hanwha Bldg., 109, Sogong-ro, Jung-gu, Seoul, Korea |
|
Tel |
+82-2-317-5318 |
|
Fax |
+82-2-317-5383 |
|
Other Address-Asan Factory |
15-2 Block, Asan Technovalley, San 21-9, Seokgok-ri, Dunpo-myeon,
Asan-si, Chungcheongnam-do, Korea |
|
Tel |
+82-41-538-7552 |
|
Fax |
|
|
Other Address-Changwon Factory |
39, Ungnam-dong, Changwon-si, Gyeongnam-do
641-290 Korea |
|
Tel |
+82-55-278-2880 |
|
Fax |
|
|
Other Address-Gumi Factory |
258, Gongdan-dong, Gumi-si, Gyeongbuk-do
730-030 Korea |
|
Tel |
+82-54-467-8500 |
|
Fax |
|
|
Other Address-Daejeon Factory |
52-1, Waesam-dong, Yuseong-gu, Daejeon
305-156 Korea |
|
Tel |
+82-42-829-2255 |
|
Fax |
|
|
Other Address-Incheon Factory |
50, Gojan-dong, Namdong-gu, Incheon 405-310
Korea |
|
Tel |
+82-32-460-1114 |
|
Fax |
+82-32-446-1889 |
|
Other Address-Yeosu Factor |
805, Sinwol-dong, Yeosu-si, Jeonnam-do
550-190 Korea |
|
Tel |
+82-61-640-1114 |
|
Fax |
|
|
Other Address-Cheonan Factory |
402-1, Sinwol-ri, Seongkeo-eup, Cheonan-si,
Chungnam-do 330-834 Korea |
|
Tel |
+82-41-580-3800 |
|
Fax |
|
|
Other Address-Boeun Factory |
111, Eomdun-ri, Naebuk-myeon, Boeun-gun,
Chungbuk-do 376-812 Korea |
|
Tel |
+82-43-540-0114 |
|
Fax |
|
|
Other Address-Onsan Factory |
753, Wonsan-ri, Onsan-eup, Ulju-gun, Ulsan
689-892 Korea |
|
Tel |
+82-52-237-6512 |
|
Fax |
|
|
Other Address-Yeongnam Business Dept. |
127-8, Gamjeon-dong, Sasang-gu, Busan
617-250 Korea |
|
Tel |
+82-51-312-9955 |
|
Fax |
|
|
Other Address-Donghae Branch |
San 24, Mangsang-dong, Donghae-si,
Gangwon-do 240-080 Korea |
|
Tel |
+82-33-532-2747 |
|
Fax |
|
|
Other Address-Taeback Branch |
253-119, Hwangji-dong, Taeback-si,
Gangwon-do 235-010 Korea |
|
Tel |
+82-33-552-2410 |
|
Fax |
+82-33-552-3664 |
|
Other Address-Gwangju Branch |
1352, Songjeon 2-dong, Gwangsan-gu,
Gwangju 506-807 Korea |
|
Tel |
+82-62-942-8011 |
|
Fax |
|
|
Other Address- Busan Branch |
47, Daechang-dong 1-ga, Jung-gu, Busan
600-101 Korea |
|
Tel |
+82-51-469-6066 |
|
Fax |
|
|
Other Address-Cheonan Branch |
89, Namgwan-ri, Pungse-myeon, Cheonan-si,
Chungnam-do 330-911 Korea |
|
Tel |
+82-41-578-7224 |
|
Fax |
|
|
Other Address-Jecheon Branch |
169-1, Sigok-ri, Songhak-myeon, Jechon-si,
Chungbuk-do 390-813 Korea |
|
Tel |
+82-43-647-3644 |
|
Fax |
|
|
Other Address-Guro Business Office |
52-357, Gocheok-dong, Guro-gu, Seoul
152-080 Korea |
|
Tel |
+82-2-2689-1404 |
|
Fax |
|
|
Other Address-Goyang Branch |
San 118, Yongdu-dong, Deokyang-gu,
Goyang-si, Gyeonggi-do 412-110 Korea |
|
Tel |
+82-2-353-1770 |
|
Fax |
|
|
Other Address-Jeomchon Branch |
524-1, Gongpyeong-dong, Mungyeong-si, Gyeongbuk-do
745-150 Korea |
|
Tel |
+82-54-552-2318 |
|
Fax |
|
|
Type |
Export/Import |
|
Industry |
Manufacture of Explosives and Pyrotechnic Products Manufacture of Industrial Ovens, Furnaces and Furnace Burners |
|
Main Business |
Industrial Explosive, Network Equipment, CDMA, Industrial Furnaces,
RTO, Industrial Machinery, Machine Tool, Automation Equipment |
|
Sub
Business |
Manufacture of Other Machine-Tools for Working |
|
Established (mm/dd/yyyy) |
10/28/1952 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Explosive initiators(12131704) |
|
Sell |
Polyvinyl Chloride PVC(13102030) |
|
Sell |
Dynamite(12131501) |
|
Sell |
Fireworks(12131601) |
|
Sell |
Igniters(12131700) |
|
Sell |
Gold(11101801) |
|
Sell |
Bombs and grenades(46111500) |
|
Sell |
Stainless steel plate(30102205) |
|
Sell |
Bearings(31171500) |
|
Sell |
Newsprint and offset papers(14121900) |
|
Sell |
Coated papers(14121800) |
|
Sell |
Art or craft paper(14111606) |
|
Sell |
Pyrotechnics(12131600) |
|
Sell |
Blasting caps(12131701) |
|
Sell |
Metal and mineral industries(73120000) |
|
Sell |
Organic derivatives and substituted
compounds(12352100) |
|
Sell |
Ammonia(12142103) |
|
Sell |
International trade services(80151600) |
|
Sell |
Printing and writing paper(14111500) |
|
Sell |
Inorganic compounds(12352300) |
|
Sell |
Meat and poultry(50111500) |
|
Sell |
Airbags(25172101) |
|
Sell |
Demolition services(72103003) |
|
Sell |
Civil engineering(81101500) |
|
Sell |
Lip balm(53131630) |
|
Sell |
Furnaces(40101805) |
|
Sell |
Burners(40101834) |
|
Sell |
Machine tools(23171600) |
|
Sell |
Industrial process machinery and equipment
and supplies(23150000) |
CEO’s
|
Name |
Kim Yeon-Cheol |
|
Date of Birth |
12/05/1961 |
|
Title |
Vice President & CEO |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
489,550,145,000 |
||||||||||||||||||||||||||||||||||||
|
Employees |
5,782 |
||||||||||||||||||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange: 000880) as of 06/25/1976 A Company of HANWHA GROUP |
||||||||||||||||||||||||||||||||||||
|
Bank Details |
Woori Bank-Euljiro 1-Ga Branch Korea Development Bank KEB Hana Bank Kookmin Bank Shinhan Bank |
||||||||||||||||||||||||||||||||||||
|
Corporate Registered No. |
110111-0002959 |
||||||||||||||||||||||||||||||||||||
|
Business Registered No. |
202-81-16825 |
||||||||||||||||||||||||||||||||||||
|
Permit & Licenses |
09/1995 ISO 9002 Int’l Trade No.: 672438 |
||||||||||||||||||||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||||||||||||||||||||
|
Company History |
10/28/1952 Incorporated as Korea Explosive
Co., Ltd. 02/27/1993 Changed company name to the
present name 03/24/1998 Increased the authorized shares
to 200,000,000 shares from 80,000,000 shares 03/23/2000 Increased capital to
377,190,145,000 KRW from 356,162,320,000 KRW 01/23/2008 Acquired Sentec Co., Ltd. 04/01/2008 Acquired CENTEC.CO.,
LTD(180111-0157403) 12/02/2008 Awarded US$2 Billion Export Top
Prize 10/01/2010 Acquired MICROAEROBOT
CO., LTD.(110111-2798069) 12/31/2012 Transferred Aerospace Business
to HANWHA
TECHM CO., LTD.(194211-0056095) 06/25/2014 Decided to acquire Manufacturing
Business Division of HANWHA TECHM CO.,LTD (194211-0056095) as of 10/01/2014 10/06/2016 Increased capital to 489,550,145,000
KRW from 377,190,145,000 KRW |
Detailed Information
Management
|
Job Description |
Name |
Nationality |
Date of Birth |
Inauguration Date |
|
Vice President & CEO /
Machinery |
Kim Yeon-Cheol |
Korean |
12/05/1961 |
03/20/2015 |
|
Vice President & CEO /
Defense |
Lee Tae-Jong |
Korean |
12/27/1958 |
03/25/2015 |
|
Vice President & CEO /
Trading |
Lee Min-Seok |
Korean |
05/10/1963 |
03/24/2017 |
|
Outside Director / Auditor |
Kim Yong-Koo |
Korean |
07/18/1944 |
03/24/2017 |
|
Outside Director |
Hwang Eui-Don |
Korean |
12/20/1953 |
03/21/2014 |
|
Outside Director |
Kang Seok-Hoon |
Korean |
08/22/1963 |
03/21/2014 |
|
Outside Director / Auditor |
Hong Jong-Ho |
Korean |
01/11/1940 |
03/20/2015 |
|
Outside Director / Auditor |
Kim Chang-Rok |
Korean |
11/05/1949 |
03/25/2016 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
09/2017 |
3,400,807,129,646 |
7,627,008,873,735 |
205,456,279,834 |
|
2016 |
5,101,851,156,732 |
7,769,210,423,499 |
106,275,361,441 |
|
2015 |
5,098,918,831,811 |
7,588,298,851,205 |
36,188,799,089 |
|
2014 |
5,057,047,289,914 |
6,588,237,591,955 |
95,381,197,559 |
|
2013 |
5,340,878,642,018 |
6,276,925,505,532 |
53,810,154,027 |
|
2012 |
5,242,016,462,365 |
5,947,456,856,907 |
69,286,562,024 |
|
2011 |
5,426,939,000,000 |
6,160,600,000,000 |
69,558,000,000 |
|
2010 |
5,230,965,000,000 |
6,044,104,000,000 |
129,870,000,000 |
|
2009 |
4,675,860,457,962 |
5,649,188,742,823 |
561,470,674,214 |
|
2008 |
4,942,288,330,531 |
5,207,421,767,749 |
293,413,143,362 |
|
2007 |
3,466,903,819,977 |
4,195,706,697,459 |
215,850,116,823 |
|
2006 |
2,293,081,639,543 |
4,205,878,343,488 |
272,854,639,481 |
|
2005 |
2,150,672,516,399 |
3,448,001,532,340 |
114,157,122,401 |
|
2004 |
2,378,598,196,724 |
3,384,245,709,314 |
241,737,091,895 |
|
2003 |
2,200,754,855,949 |
2,513,734,991,708 |
70,206,212,572 |
Financial Description
|
Authorized Capital(KRW) |
1,000,000,000,000 |
|
Paid-Up Capital(KRW) |
489,550,145,000 |
|
Total Issues Shares |
97,910,029(Common : 74,958,735 / Preferable : 22,951,294) |
|
Balance Sheet |
|||
|
Unit : Korean Won |
01/01/2017~09/30/2017 |
As of 12/31/2016 |
As of 12/31/2015 |
|
Total
Assets |
7,627,008,873,735 |
7,769,210,423,499 |
7,588,298,851,205 |
|
Current Assets |
1,858,665,196,407 |
2,024,047,896,969 |
1,931,291,558,337 |
|
Cash
& Cash Equivalents |
40,469,782,591 |
308,366,678,259 |
65,742,267,628 |
|
Trade
Receivables & Other Receivables |
1,077,741,166,166 |
995,635,603,606 |
1,090,309,861,065 |
|
Other
Finance Assets |
14,380,363,217 |
28,668,204,403 |
28,003,899,563 |
|
Other
Current Assets |
106,258,073,242 |
99,739,202,806 |
139,548,210,364 |
|
Inventories |
619,815,811,191 |
591,638,207,895 |
594,187,319,717 |
|
Assets to be Sold |
|
|
13,500,000,000 |
|
Non-Current Assets |
5,768,343,677,328 |
5,745,162,526,530 |
5,657,007,292,868 |
|
Marketable
Financial Instruments |
7,760,582,993 |
8,670,092,954 |
9,347,854,588 |
|
Trade
Payables & Other Payables |
19,109,957,615 |
14,136,693,005 |
497,325,646 |
|
Other
Finance Assets |
40,186,209,625 |
42,118,377,197 |
61,898,226,848 |
|
Investment_Related
Companies |
4,454,578,440,803 |
4,467,160,406,099 |
4,456,375,452,803 |
|
Investment_Real
Estates |
3,732,995,583 |
3,801,959,463 |
3,893,911,302 |
|
Tangibles |
1,140,216,152,514 |
1,110,349,834,734 |
1,012,977,137,332 |
|
Intangibles |
97,374,721,198 |
92,479,650,230 |
105,428,230,016 |
|
Other
Non-Current Assets |
5,384,616,997 |
6,445,512,848 |
6,589,154,333 |
|
Total Liabilities |
4,368,791,422,182 |
4,659,493,261,130 |
4,918,097,883,623 |
|
Current Liabilities |
2,797,831,602,216 |
3,203,499,593,232 |
2,846,880,350,917 |
|
Trade Payables & Other Payables |
527,992,115,317 |
1,107,386,645,065 |
982,895,920,824 |
|
Long-Term
Borrowings |
1,770,262,173,843 |
1,574,237,201,947 |
1,468,131,823,576 |
|
Other
Non-Current Financial Debts |
49,696,414,582 |
134,146,374,202 |
59,799,874,152 |
|
Other Current Liabilities |
421,264,094,799 |
336,919,392,254 |
313,453,058,973 |
|
Current Provisions |
180,818,983 |
179,406,289 |
95,917,189 |
|
Deferred
Income Tax Credit |
28,435,984,692 |
50,630,573,475 |
22,503,756,203 |
|
Non-Current Liabilities |
1,570,959,819,966 |
1,455,993,667,898 |
2,071,217,532,706 |
|
Long-Term
Trade Payables & Other Payables |
15,115,352,633 |
15,056,812,194 |
188,439,743,613 |
|
Long-Term
Borrowings |
1,045,372,260,380 |
960,145,493,884 |
1,303,043,143,848 |
|
Other Finance Liabilities |
5,293,313,608 |
4,861,967,893 |
69,195,666,524 |
|
Confirmed Salaries |
305,091,313,467 |
285,383,938,331 |
270,158,014,551 |
|
Provision |
21,247,830,683 |
29,880,251,658 |
32,394,953,868 |
|
Other Non-Current Liabilities |
|
|
5,696,286 |
|
Deferred
Income Tax Credit |
178,839,749,195 |
160,665,203,938 |
207,980,314,016 |
|
Capital Stock |
489,550,145,000 |
489,550,145,000 |
377,190,145,000 |
|
Capital
Surplus |
600,706,089,476 |
600,706,089,476 |
337,737,690,216 |
|
Installments |
-20,751,089,414 |
-20,751,089,414 |
-20,751,089,414 |
|
Installments |
-584,240,107 |
-667,991,557 |
-799,525,538 |
|
Profit
Surplus |
2,189,296,546,598 |
2,040,880,008,864 |
1,976,823,747,318 |
|
Total
Equity |
3,258,217,451,553 |
3,109,717,162,369 |
2,670,200,967,582 |
|
Liab.
& Shareholder’s Equity |
7,627,008,873,735 |
7,769,210,423,499 |
7,588,298,851,205 |
|
Income Statement |
|||
|
Unit : Korean Won |
01/01/2017~09/30/2017 |
As of 12/31/2016 |
As of 12/31/2015 |
|
Sales |
3,400,807,129,646 |
5,101,851,156,732 |
5,098,918,831,811 |
|
Cost of Sold Goods |
2,959,464,131,915 |
4,545,095,005,919 |
4,607,418,811,265 |
|
Gross Profit |
441,342,997,731 |
556,756,150,813 |
491,500,020,546 |
|
Selling & Admin. Expenses |
225,007,328,913 |
332,565,778,160 |
325,624,364,545 |
|
Operating Income |
216,335,668,818 |
224,190,372,653 |
165,875,656,001 |
|
Other Income |
184,603,120,586 |
230,916,172,568 |
231,500,526,036 |
|
Other Expenses |
119,754,823,145 |
299,170,171,067 |
333,422,900,765 |
|
Finance Income |
39,813,764,740 |
66,353,851,910 |
70,269,754,456 |
|
Finance Expenses |
62,749,427,493 |
94,432,743,508 |
93,214,089,420 |
|
Income Before Taxes |
258,248,303,506 |
127,857,482,556 |
41,008,946,308 |
|
Income Taxes Expenses |
52,792,023,672 |
21,582,121,115 |
4,820,147,219 |
|
Net Income |
205,456,279,834 |
106,275,361,441 |
36,188,799,089 |
|
Cash Flows |
|||
|
Unit : Korean Won |
01/01/2017~09/30/2017 |
As of 12/31/2016 |
As of 12/31/2015 |
|
Operating
Activities Cash Flows |
-19,571,452,044 |
327,002,305,679 |
2,378,718,969 |
|
Cash Flows from Operating |
37,267,353,743 |
365,477,522,406 |
57,012,437,391 |
|
Income Taxes |
-56,838,805,787 |
-38,475,216,727 |
-54,633,718,422 |
|
Cash Flows from Investing |
-410,944,380,445 |
-96,294,253,838 |
-611,929,360,135 |
|
Cash Flows from Financing |
162,618,936,821 |
11,916,358,790 |
626,378,422,375 |
|
Increase/Decrease in Cash |
-267,896,895,668 |
242,624,410,631 |
16,827,781,209 |
|
Cash at the Beginning of Year |
308,366,678,259 |
65,742,267,628 |
48,914,486,419 |
|
Cash at the End of Year |
40,469,782,591 |
308,366,678,259 |
65,742,267,628 |
Products, Technologies, Services Description
|
Main Products & Services |
EXPLOSIVES BUSINESS Explosives -Explosives -Accessories Nitric Products -Nitric Acid -Ammonia Defense Products -Guided Weaponry -Rockets -Illumination Cartridges -Grenades -Fuzes -High Explosives -Propellants -Undersea Equipment Inflators -Driver's Seat -Passenger Seat -Sides Fireworks -Nighttime Fireworks -Daytime Fireworks -Ground Fireworks -Special Effects -Signals Aerospace Products -Fixed Wing -Rotary Wing -Space Brand Name: MegaMite, Hanwha, NewMITE Plus |
|
Main Products & Services |
MegaMite is a nitroglycol-based gelatin dynamite with good water- and
cold-resistance. The unparalleled detonation power and velocity makes it an
all-purpose explosives for both soft and super hard rocks. In particular, it
is suitable to blow up hard and super hard rocks that are hardly affected by
emulsion explosives. HiDETO Plus is an electric detonator with RDX 650mg as its base
charge, and is used to detonate a blast hole electrically. There are
basically two types of products: MS(Millisecond) delay detonators with a
stage-to-stage interval of 20ms and LP(Long Period) delay detonators with a
stage-to-stage interval of 100∼500ms. They are
generally effective both for open-area and underground blasting. Also, their
excellent millisecond precision is effective in minimizing the blasting
vibration and improving fragmentation. With the coloring of leg wires, shell
bodies, etc. they are extremely easy to discern. Driver's Seat In 2001, Hanwha completed the localization of two kinds of inflators
through technology cooperation with TRW. The two are: FG inflator that uses
Azide as the explosive facilitating the generation of gas to inflate the
airbag; and the ADI inflator that uses non-Azide, an environment friendly
product. Currently, these products are manufactured at the Hanwha Boeun
factory which is the only inflator manufacturer in Korea. Passenger Seat The representative products are PPI3 and PHI-2. PPI3 uses non-Azide
propellant as the main source of gas generation to inflate airbags while PHI2
uses compressed inert gas. These products are manufactured at TRW. In Korea,
the installation of passenger-side airbags is increasing rapidly in order to
enhance vehicle safety. Sides It uses compressed inert gas to inflate side airbags and is currently
manufactured at TRW of Germany. The demand for inflators for side airbags is
expected to increase in Korea in order to increase vehicle safety. Korean Fighter Program HANWHA was designated as a specialized FCISA(Flight Control Integrated
Servo Actuator) supplier for KFP program by Korea MND and successfully
delivered to KAI. We fully support our customer, ROKAF, by repair and
overhaul. |
|
Main Products & Services |
TRADE BUSINESS Petroleum Petrochemicals Plastic Resin Chemicals -Inorganic -Organic Chemical -Chemical Export Transportation Equipment Metals Bearings Machinery Equipment -Pneumetic -General Purpose Valves -Bush -LM Defense Products -Ammunitions -Rockets -Fuzes -Propelling Charges -Hand Grenades and Mines -Bombs and Demolitions -Other Suppliable Defense Livestock -Beef -Pork Salt Plastic Products Papers Cut Flowers |
|
Detailed Products Spec. |
|
|
Technologies Acquired |
|
Trade Partners & Competitors
|
Suppliers |
HUCHEMS FINE CHEMICAL CORPORATION 5 FL., KUKDONG BLDG., 60-1, CHUNGMURO 3-GA,
JUNG-GU, SEOUL 100-705 KOREA TEL: 82-2-2262-0600 FAX: 82-2-2265-9381 INDUSTRY: MANUFACTURE OF ALL OTHER CHEMICAL
PRODUCTS N.E.C. TAEYOUNG INDUSTRY CORPORATION 1-1, YONGJAM-DONG, NAM-GU, ULSAN 680-070
KOREA TEL: 82-52-228-3300 FAX: 82-52-228-3388 INDUSTRY: WATER FREIGHT HANDLING HANWHA CHEMICAL CORPORATION HANWHA LIVING &CREATIVE CORPORATION HANWHA ENGINEERING & CONSTRUCTION
CORPORATION YEOCHUN NAPHTHA CRACKING CENTER CO., LTD. HANWHA S & C CO., LTD. TRW |
|
Customers |
DEFENSE PROCUREMENT AGENCY HANWHA CHEMICAL CORPORATION HANWHA LIVING &CREATIVE CORPORATION HANWHA ENGINEERING & CONSTRUCTION
CORPORATION YEOCHUN NAPHTHA CRACKING CENTER CO., LTD. HANWHA S & C CO., LTD. NOVELIS KOREA LIMITED(175611-0003950) HANWHA INTERNATIONAL (S) PTE
LTD.(SINGAPORE) HYUNDAI CONSTRUCTION EQUIPMENT USA
INC.(USA) MARUBENI CORPORATION TOKYO(JAPAN) |
|
Competitors |
SK NETWORKS CO.,
LTD. 4, PYEONG-DONG, GWONSEON-GU, SUWON-SI,
GYEONGII-DO 441-230 KOREA TEL:+82-2-2221-2016 FAX:+82-2-2221-0080 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS HYUNDAI
CORPORATION HUNGKUK LIFE INSURANCE BD 226, SINMUNNO
1-GA, JONGNO-GU, SEOUL 110-786 KOREA TEL:+82-2-390-1114 FAX:+82-2-390-1101 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS LG INTERNATIONAL
CORP. 12 FL., LG TWIN TOWER EAST ANNEX, 20,
YEOUIDO-DONG, YEONGDEUNGPO-GU, SEOUL 150-721 KOREA TEL:+82-2-3773-5114 FAX:+82-2-3773-5446 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS DAEWOO
INTERNATIONAL CORPORATION DAEWOO CENTER BLDG., 541, NAMDAEMUNNO 5-GA,
JUNG-GU, SEOUL 100-714 KOREA TEL:+82-2-759-2114 FAX:+82-2-753-9489 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS HYOSUNG
CORPORATION HYOSUNG BLDG., 450, GONGDEOK 2-DONG,
MAPO-GU, SEOUL 121-720 KOREA TEL:+82-2-707-7000 FAX:+82-2-707-0130 INDUSTRY: MAN-MADE FIBERS SPINNING SAMSUNG
CORPORATION 310, TAEPYEONGNO 2-GA, JUNG-GU, SEOUL
100-865 KOREA TEL:+82-2-2145-2114 FAX:+82-2-2145-3114 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS WOO YOUL FURNACE CO., LTD. 628-3, BUBONG-RI, SANIN-MYEON, HAMAN-GUN,
GYEONGSANGNAM-DO, KOREA TEL:+82-55-582-4435 FAX:+82-55-582-4438 SOOKOOK CORPORATION 345-4, SUHA-RI, SINDUN-MYEON, ICHEON-SI,
GYEONGGI-DO, KOREA TEL:+82-31-631-3400 FAX:+82-31-631-2730 HAN YANG INDUSTRY CO., LTD. 351-1, JANGHA-DONG, SANGNOK-GU, ANSAN-SI,
GYEONGGI-DO, KOREA TEL:+82-31-486-3200 FAX:+82-31-486-1001 |
Related Parties (Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestics |
HANWHA CHEMICAL CORPORATION
(110111-0360935) HANWHA TIMEWORLD CO., LTD. (160111-0003410) HANWHA SECURITIES CO.,LTD (110111-0003155) HANWHA NON-LIFE INSURANCE CO., LTD.
(110111-0006456) HANWHA L&C CORPORATION(110111-1725930) HANWHA POLYDREAMER CO.,LTD (161511-0001861) HANWHA STATION DEVELOPMENT CO., LTD.
(110111-0544133) HANWHA CHONGNYANGNI STATION DEVELOPMENT
CO., LTD. (110111-3008376) HANWHA INVESTMENT TRUST MANAGEMENT CO.,
LTD. (110111-0571201) HANWHA VC CORP. (110111-1912909) KLI INSURANCE INVESTIGATION CO., LTD.
(110111-3192913) KOREA TELE MARKETING & SERVICES CO.,
LTD (110111-3199349) RADISSON SEOUL PLAZA HOTEL (110111-0154776) HAN COMM. INC. (110111-0362957) ENVIRONMENT FACILITIES MANAGEMENT
CORPORATION (141411-0006564) DREAMPHARMA CORP. (110111-1181025) HANWHA S&C CO., LTD (110111-2204470) GUNPO ECOTECH CORPORATION (110111-2629941) HANWHA 63 CITY CORPORATION (110111-0425622) DAEDEOK TECHNO VALLEY CO., LTD
(160111-0115059) YANGJU ENVIRO CORPORATION (110111-2503244) HANWHA CITY DEVELOPMENT CO.,LTD (160111-0182230) KUMDAN ECOTECH CORPORATION (110111-3205659) HANWHA GALLERIA CO., LTD.( 110111-0202989) HANWHA Q CELLS KOREA CORP.(110111-4572619) HANWHA TOUR HANWHA RESORT CO.,LTD (110111-0249709) KOREA LIFE INSURANCE CO.,LTD
(110111-0003204) HANWHA EAGLES PROFESSIONAL BASEBALL CLUB
(160111-0007214) DANGJIN TECHNO POLIS CO.,
LTD(165011-0022657) AZDEL INC. HANWHA INDEPENDENT ENERGY
CORPORATION(110111-3780932) GIMHAE TECHNO VALLEY
CO.,LTD.(195511-0120447) HANWHA CHEMICAL OVERSEAS HOLDINGS, CO., LTD.(110111-4137207) HANWHA TOTAL PETROCHEMICAL CO., LTD.( 161411-0013066) HANWHA THALES CO., LTD. (76011-0020640) HANWHA TECHWIN CO., LTD.(194211-0000480) (32.4% held by the subject company) |
|
Affiliates-Overseas |
KOREA LIFE INVESTMENT (AMERICA) LTD. HANWHA (SHANGHAI) CO., LTD. HANWHA CHEMICAL THAILAND. MAXFORMA INCORPORATED. UNION INDUSTRIAL DEVELOPMENT INC. BOR DEVELOPMENT LLC. MAXFORMA HOLDINGS INCORPORATED MAXFORMA PLASTICS LLC. HANWHA CHEMICAL (BEIJING) CO., LTD. HANWHA CHEMICAL (SHANGHAI) CO., LTD. UNIVERSAL BEARINGS INC. HANWHA AMERICA DEVELOPMENT INC. HANWHA LANCASTER LLC. HANWHA DEVELOPMENT SERVICES LLC. LANCASTER DEVELOPMENT GROUP LLC. HANWHA INTERNATIONAL(S) PTE LTD. MGM RT. ACROPARK GOLF CORP. HANWHA BANK HUNGARY LTD. HANWHA FIRST INVESTMENT CO.,BV HANWHA CHANDLER LLC. CHANDLER LLC. HANWHA SONORAN LLC. SONORAN VISTA LLC. HANWHA SAUDI CONTRACTING CO. LTD. HANWHA RESOURCES (CANADA) LTD. HANWHA L&C CANADA INC. HANWHA PARCEL LLC HANWHA INTERNACIONAL DO BRASIL
INTERMEDIACOES DE NEGOCIOS LTDA. HANWHA CORSICANA LLC HANWHA PARCEL O LLC HANWHA Q CELLS JAPAN CO., LTD. HANWHA LIFE INSURANCE COMPANY LIMITED. (VIETNAM) HANWHA SOLARONE TECHNOLOGY CO., LTD. HANWHA SOLARONE (QIDONG) CO., LTD. HANWHA SOLARONE HONG KONG LIMITED HANWHA SOLARONE INVESTMENT HOLDING LTD. HANWHA SOLARONE CO., LTD. |
|
Overseas Office |
HANWHA CORPORATION BEIJING REPRESENTATIVE OFFICE 1804 CAPITAL TOWER BUILDING TOWER A&B
NO.6 JIA JIANGUOMENWAI AVENUE, CHAOYANG DISTRICT, BEIJING, CHINA TEL :+86-10-6517-0012 FAX :+86-10-6517-0025 HANWHA CORPORATION GUANGZHOU REPRESENTATIVE OFFICE RM 1903, WEST TOWER, FORTUNE PLAZA,
#114-118, TIYUNDONG ROAD, GUANGZHOU, CHINA TEL :+86-20 -3893-1567 FAX :+86-20-
3893-2760 HANWHA CORPORATION SHANTOU REPRESENTATIVE OFFICE RM 6-03, 6F MERITUS HOTEL, JINDHA ROAD,
SHANTOU, CHINA TEL :+86-754-8863-3006 FAX 86-754-8863-4209 HANWHA CORPORATION URUMQI REPRESENTATIVE OFFICE 11TH FLOOR, ”D”RM FOUNTAIN PLAZA, #86
ZHONG-SHAN ROAD, URUMQI, XINJIANG, CHINA TEL :+86-991-282-2512,2513 FAX :+86-991-236-3796 HANWHA CORPORATION SHENZHEN REPRESENTATIVE OFFICE RM 22E2, TIMES PLAZA, NO.1 TAIZI ROAD,
SHEKOU, SHENZHEN, CHINA TEL :+86-755- 2667-3782 FAX :+86-755-
2667-3719 HANWHA CORPORATION SHENYANG REPRESENTATIVE OFFICE RM 1702, TOWER2, SHENYANG CITY PLAZA,
NO.206, NANJING NORTH ST., HEPING DIST, SHENYANG, CHINA TEL :+86-24- 2334-1065 FAX
:+86-24-2334-1096 |
|
Overseas Office |
HANWHA CORPORATION TAIPEI REPRESENTATIVE OFFICE 8F-4, 207, TUN-HWAN ROAD, TAIPEI, TAIWAN TEL :+886-22-547-3355 FAX :+886-22-546-9955 HANWHA CORPORATION JAKARTA REPRESENTATIVE OFFICE S.WIDJOJO BUILDING 9TH FLOOR, JL.JEND.
SUDIRMAN 71, JAKARTA 12190, INDONESIA TEL :+62-21-520-5815 FAX :+62-21-520-5810 HANWHA CORPORATION HO CHI MINH REPRESENTATIVE OFFICE SAIGON RIVERSIDE OFFICE CENTER 15FL, ROOM
1504 2A-4A TON DUC THANG ST., DIST.1., HCMC, VIETNAM TEL :+84-8-822-7301 FAX :+84-8-822-7302 HANWHA CORPORATION MANILA REPRESENTATIVE OFFICE 168 GOLDEN ROCK BLDG. 4TH FLOOR UNIT 4012
168 SALCEDO ST. LEGASPI VILLAGE, MAKATI CITY, PHILIPPINES 1229 TEL :+63-2-840-1330 FAX :+63-2-893-9482 HANWHA CORPORATION ATHENS REPRESENTATIVE OFFICE RIZARIOU 2A AND MIKRAS ASIAS 66, CHALANDRI,
15233, ATHENS, GREECE TEL :+30-210-685-8280 FAX :+30-210-685-8240 HANWHA CORPORATION MOSCOW REPRESENTATIVE OFFICE LENINSKY PROSPEKT 113 / 1, PARK PLACE
BUSINESS CENTER, OFFICE 212D MOSCOW 117198, RUSSIA TEL :+7-495-662-3001~2 FAX :+7-495-662-3003 |
|
Subsidiary |
HANWHA CHEMICAL CORPORATION
(110111-0360935) (36.52% held by the subject company) HANWHA LIFE INSURANCE CO.,
LTD.(110111-0003204) (21.67% held by the subject company) HANWHA TECHWIN CO.,LTD.(194211-0000480) (32.35% held by the subject company) HANWHA E&C CO., LTD.(110111-2558405) (93.6% held by the subject company) HANWHA HOTELS & RESORTS
CO.,LTD.(110111-0249709) (50.62% held by the subject company) HANWHA Q CELLS KOREA CORP.(110111-4572619) (41.0% held by the subject company) HANWHA TECHM CO.,LTD (194211-0056095) (100.0% held by the subject company) HANWHA AGRITECH LTD.(HONG KONG) (100.0% held by the subject company) HANWHA HOLDINGS (USA) INC.(USA) (0.58% held by the subject company) HANWHA HONGKONG CO.,LTD.(HONG KONG) (100.0% held by the subject company) HANWHA Q CELLS JAPAN CO., LTD. (100.0% held by the subject company) HANWHA EUROPE GMBH (100.0% held by the subject company) |
|
Subsidiary |
HANWHA MACHINERY CORP.(USA) (100.0% held by the subject company) HANWHA RESOURCES (CANADA) LTD. (100.0% held by the subject company) HANWHA RESOURCES (AUSTRALIA) PTY LTD. (100.0% held by the subject company) HANWHA RESOURCES(USA) CORPORATION(USA) (100.0% held by the subject company) HANWHA INTERNACIONAL DO BRASIL
INTERMEDIACOES DE NEGOCIOS LTDA.(BRAZIL) (100.0% held by the subject company) HANWHA GREENTECH LTD.(HONG KONG) (80.0% held by the subject company) HANWHA TECHM HUNGARY ZRT.(HUNGARY) (97.21% held by the subject company) S&P WORLD NETWORKS DMCC(UAE) (100.0% held by the subject company) PT HANWHA MINING SERVICES INDONESIA (99.0% held by the subject company) HANWHA INTERNATIONAL INDIA PVT., LT(INDIA) (99.99% held by the subject company) HANWHA MINING SERVICES AUSTRALIA (100.0% held by the subject company) HANWHA MINING SERVICES PERU S.A.C(PERU) (99.0% held by the subject company) HANWHA MINING SERVICES CHILE SPA(CHILE) (100.0% held by the subject company) HANWHA MINING SERVICES SINGAPORE PTE.
LTD.(SINGAPORE) (100.0% held by the subject company) HANWHA SINGAPORE PTE. LTD.(SINGAPORE) (100.0% held by the subject company) HANWHA EAGLES PROFESSIONAL BASEBALL
CLUB(160111-0007214) (40.0% held by the subject company) HANWHA INTERNATIONAL TRADE(SHANGHAI) CO.,
LTD.(CHINA) (33.33% held by the subject company) PT. BARA BUMI INTERNATIONAL (99.6% held by the subject company) S&P WORLD NETWORKS DMCC (100.0% held by the subject company) |
|
Subsidiary |
HANWHA Q CELLS SOLAR POWER SDN. BHD. UPPER PENTHOUSE, WISMA RKT, NO. 2,
JALAN RAJA ABDULLAH, OFF JALAN SULTAN ISMAIL 50300 KUALA LUMPUR, MALAYSIA HANWHA TECHM USA LLC 1407 ALLEN DRIVE, SUITE F TROY, MI 48083, USA AMRU AND HANWHA INTERNATIONAL #158 NO. 15A, ST. PLAU LUM, SANGKAT RUSEY
KEO, KHAN RUSSEY KEO, PHNOM PENH, KINGDOM OF CAMBODIA HQ MEXICO HOLDINGS S DE RL DE CV LUZ SAVINON 13 PH4, DEL VALLE, C.P.
03100, MEXICO, D.F., MEXICO MAZOVIA SOLAR 1 SP. Z O.O. (구, E14 AMB ENERGIA SP. Z O.O.) UL.
SNIADECKICH 10, 00-656 WARZAW, POLAND HANWHA SOLAR POWER KITSUKI G.K. 1234-2, YAMAGAMACHI OAZAHIROSE,
KITSUKI-SHI, OITA, JAPAN MAZOVIA SOLAR 2 SP. Z O.O. (구, E15 AMB ENERGIA SP. Z O.O.) UL.
SNIADECKICH 10, 00-656 WARZAW, POLAND HANWHA INTERNATIONAL INDIA PVT., LT NO.35, 3RD FLOOR, MAKER CHAMBER III,
NARIMAN POINT, MUMBAI, INDIA HQC PANAMA S DE RL 300 SPECTRUM CENTER DRIVE, SUITE 1250, IRVINE CA
92618 FENLAND RENEWABLES LIMITED LEVEL 6 CITY TOWER, 40 BASINGHALL
STREET, LONDON, UNITED KINGDOM, EC2V 5DE HANWHA Q CELLS TURKEY GN. ALI RIZA GURCAN CAD. MERTER IS
MERKEZI NO:2 OFIS:48 GUNGOREN ISTANBUL, TURKEY GREEN END RENEWABLES LIMITED LEVEL 6 CITY TOWER, 40 BASINGHALL STREET,
LONDON, UNITED KINGDOM, EC2V 5DE Q SOLAR HOLDINGS G.K. OSAKASHI, CHUO-KU, KAWARAMACHI 1-7-2,
TTN B/D 4F, #401, 541-0048 JAPAN DAINI Q SOLAR G.K. OSAKASHI, CHUO-KU, KAWARAMACHI 1-7-2, TTN B/D 4F, #401,
541-0048 JAPAN DAISAN Q SOLAR G.K. OSAKASHI, CHUO-KU, KAWARAMACHI 1-7-2, TTN B/D 4F, #401, 541-0048
JAPAN DAIYON Q SOLAR G.K. OSAKASHI, CHUO-KU, KAWARAMACHI 1-7-2, TTN B/D 4F, #401,
541-0048 JAPAN GK GA NASUKARASUYAMA OSAKASHI, CHUO-KU, KAWARAMACHI 1-7-2, TTN B/D 4F, #401,
541-0048 JAPAN HANWHA PROPERTY USA LLC 300 FRANK W. BURR BLVD., SUITE 52, TEANECK,
NJ 07666 HANWHA Q CELLS CHILE SPA MIRAFLORES 222, PISO 28, SANTIAGO, CHILE HANWHA MINING SERVICES AUSTRALIA PTY., LTD UNIT 3, 47 FORREST STREET, SUBIACO WA
6008, AUSTRALIA HANWHA CHEMICAL INDIA PRIVATE LIMITED (주9) 105-106, RECTANGLE 1,
D-4 , DISTRICT CENTRE SAKET, NEW DELHI 110017 HANWHA MINING SERVICES PERU S.A.C. AV. VICTOR A. BELAUDE 147 VIA PRINCIPAL
140 EDIFICIO REAL SEIS, PISO 7 LIMA 27, PERU HANWHA Q CELLS JAPAN POWER SOLUTIONS
CO.,LTD. 9F HANWHA BLDG., 10-1,
SHIBA 4-CHOME, MINATO-KU, TOKYO, JAPAN HANWHA Q CELLS TIL TIL UNO SPA ENRIQUE FOSTER 39, PISO 12, LAS CONDES,
SANTIAGO, CHILE HANWHA MINING SERVICES CHILE SPA ALONSO DE CORDOVA 5870, FLOOR 7TH,
OFFICE 707, LAS CONDES, SANTIAGO, CHILE HANWHA ASSET MANAGEMENT PTE. LTD. 80 ROBINSON ROAD #02-00
SINGAPORE(068898) |
|
Subsidiary |
BLUE ALBATROSS FZE JAFZAVIEW19 #2401, JEBEL ALI, DUBAI, UAE AVENIR EL DIVISADERO SPA STREET ENRIQUE FOSTER # 39. FLOOR 12,
LAS CONDES, SANTIAGO, REGION METROPOLITANA. CHILE. HANWHA SOLARONE POWER GENERATION (WUXI)
CO., LTD. ROOM 610, 200 LINGHU ROAD,
WUXI T-PARK, JIANGSU, P.R.C. HANWHA SINGAPORE PTE. LTD. 4 SHENTON WAY #15-06 SGX CENTRE II
SINGAPORE (068807) HQ MEXICO SOLAR I S DE RL DE CV LUZ SAVINON 13 PH4, DEL VALLE, C.P. 03100,
MEXICO, D.F., MEXICO FCHQC DEVELOPMENT, LLC 300 SPECTRUM CENTER DRIVE, SUITE 1250,
IRVINE, CA 92618, U.S.A. HSEA PR ISLA II, LLC 300 SPECTRUM CENTER DRIVE, SUITE 1250, IRVINE, CA 92618, U.S.A. HSEA PR ISLA III, LLC 300 SPECTRUM CENTER DRIVE, SUITE 1250,
IRVINE, CA 92618, U.S.A. HSEA PR ISLA IV, LLC 300 SPECTRUM CENTER DRIVE, SUITE 1250, IRVINE, CA 92618, U.S.A. HSEA PR ISLA V, LLC 300 SPECTRUM CENTER DRIVE, SUITE 1250, IRVINE, CA 92618, U.S.A. PV VALLENAR UNO SPA STREET ENRIQUE FOSTER # 39. FLOOR 12, LAS CONDES,
SANTIAGO, REGION METROPOLITANA. CHILE. HW SOLAR POWER 3 G.K. 10-1, SHIBA 4-CHOME, MINATO-KU, TOKYO,
108-0014, JAPAN TAWASUL AL-EZDIHAR CO., LTD AL MANSOUR, MAHLA 609, AVENUE 24, BUILDING
70, OFFICE 15. BAGHDAD, IRAQ HO'OHANA SOLAR I, LLC 300 SPECTRUM CENTER DRIVE, SUITE
1250, IRVINE, CA 92618, U.S.A. HANWHA Q CELLS FRANCE SAS LE CALYPSO, 25 RUE DE LA PETITE
DURANNE, AIX-EN-PROVENCE, FRANCE FENLAND GREEN-END SOLAR HOLDING LTD. LEVEL 6 CITY TOWER, 40 BASINGHALL STREET,
LONDON, UNITED KINGDOM, EC2V 5DE HANWHA MINING SERVICES SINGAPORE PTE. LTD. 8 CROSS STREET #10-00 PWC BUILDING
SINGAPORE (048424) HQ SOLAR DEVELOPMENTS COSTA RICA, S DE RL SAN JOSE-SANTA ANA POZOS, CENTRO
EMPRESARIAL FORUM UNO, EDIFICIO C, OFICINA UNO C UNO, BUFETE ARIAS &
MUNOZ WOODLAND SOLAR POWER GENERATION STATION,
LLC 300 SPECTRUM CENTER DRIVE,
SUITE 1250, IRVINE, CA 92618, U.S.A. HANWHA CONSULTING SERVICES MYANMAR COMPANY
LIMITED MYAWADDY BANK TOWER
COMPLEX TOWER B, B-502 , NO.151, CORNER OF WARDEN STREET&BOGYOKE AUNG SAN
ROAD, LANMADAW TOWNSHIP YANGON, MYANMAR HANWHA ADVANCED MATERIALS GERMANY GMBH INDUSTRIESTR. 27 · 92345 DIETFURT · GERMANY |
|
Subsidiary |
HANWHA ADVANCED MATERIALS MEXICO S. DE R.L.
DE C.V. AV. TECNOLOGICO 1345,
COL. MONTERREY TECHNOLOGY PARK, CIENEGA DE FLORES, NUEVO LEON, MEXICO
CP 65550 HANWHA Q CELLS TIL TIL DOS SPA STREET ENRIQUE FOSTER # 39. FLOOR
12, LAS CONDES, SANTIAGO, REGION METROPOLITANA. CHILE. HQSB SOLAR I, S. DE R.L. DE C.V. LUZ SAVINON 13 PH4 DEL VALLE, C.P. 03100
MEXICO, D.F. MEXICO HIGH ERCALL RENEWABLES LIMITED C/O TUERNER & CO, NOTTINGHAM COMMERCE
CENTRE, 8 EXPERIAN WAY, NOTTINGHAM, NG2 1EP PT. BARA BUMI INTERNATIONAL SEQUIS CENTER,9TH FLOOR,JL.JEND ,
SUDIRMAN,KAV71,JAKARTA SELATAN INDONESIA BOURTON RENEWABLES LIMITED C/O TUERNER & CO, NOTTINGHAM
COMMERCE CENTRE, 8 EXPERIAN WAY, NOTTINGHAM, NG2 1EP HARELAW RENEWABLES LIMITED C/O TUERNER & CO, NOTTINGHAM
COMMERCE CENTRE, 8 EXPERIAN WAY, NOTTINGHAM, NG2 1EP HANWHA Q CELLS SERVICIOS COMERCIALES, S DE
RL DE CV LUZ SAVINON 13 PH4
DEL VALLE, C.P. 03101 MEXICO, D.F. MEXICO SFH SOLARPARK GMBH LORENZWEG 5, 12099 BERLIN/GERMANY KMPT SOLARPARK VERWALTUNG GMBH LORENZWEG 5, 12099 BERLIN/GERMANY Q SOLAR A G.K. 1-7-2, KAWARAMACHI, CHUO-KU, OSAKA, JAPAN Q SOLAR B G.K. 1-7-2, KAWARAMACHI, CHUO-KU, OSAKA, JAPAN Q SOLAR C G.K. 1-7-2, KAWARAMACHI, CHUO-KU, OSAKA, JAPAN MAZOVIA SOLAR 3 SP. Z O.O. UL. DOMANIEWSKA 39A, 02-672 WARZAW, POLAND HMS AUSTRALIA PROPERTY HOLDINGS PTY LTD PO BOX 7191, CLOISTERS SQUARE WA 6850 HSSC STAINLESS INC. 16331 CARMENITA RD, CERRITOS, CA 90703 MIDWAY SOLAR, LLC 300 SPECTRUM CENTER DRIVE, SUITE 1250, IRVINE, CA 92618, U.S.A. HQC ROCK RIVER SOLAR POWER GENERATION
STATION, LLC 300 SPECTRUM CENTER
DRIVE, SUITE 1250, IRVINE, CA 92618, U.S.A. HQC TATANKA WI SOLAR POWER GENERATION
STATION, LLC 300 SPECTRUM
CENTER DRIVE, SUITE 1250, IRVINE, CA 92618, U.S.A. |
|
Corporate Ownership |
The Subject company is the ultimate company
of HANWHA GROUP. |
|
Major Shareholders |
|
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Cooperative Enterprise |
CLAVERHAM-UK YICOM-YEMEN -Insured Comp[any FIRST FIRE & MARINE INSURANCE CO., LTD.(110111-0017586) |
Sales by Region (Activity & Markets)
|
Sales/ Unit :Thousand KRW |
09/2017 |
2016 |
2015 |
|
Export |
1,162,740,009 |
2,132,314,506 |
2,420,801,250 |
|
Domestic |
2,238,067,121 |
2,969,536,651 |
2,678,117,582 |
|
Total |
3,400,807,130 |
5,101,851,157 |
5,098,918,832 |
The Subject deals with the companies in China, Japan, Russia, Singapore,
Vietnam and USA.
Court Action
There are 28 cases filed as Defendant(s)/ Debtor(s)/ Respondent(s)
amounting 19,689,000,000 KRW, and 8 cases Plaintiff(s)/ Creditor(s)/
Applicant(s) amounting 13,610,000,000 KRW as of 09/30/2017.
News Clipping
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.83 |
|
|
1 |
INR 86.28 |
|
Euro |
1 |
INR 76.14 |
|
KRW |
1 |
INR 0.059 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
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|
|
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Report Prepared
by : |
SYL |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.