第 1 頁,共 14 頁 Customer reference: Sample report D&B REPORT Printed on FEB 10 2011 COMPANY DETAILS --------------SAMPLE KOREAN REPORT CO., LTD. (Formerly known as HANWOO TNC CORPORATION) D-U-N-S 68-787-3166 Stock Code 041440 Address 332-3 JANGKWAN-RI, CHINCHON-EUP CHINCHON, CHUNGBUK 365802 REPUBLIC OF KOREA 82 - 435303300 82 - 435303318 WWW.SAMPLEKOREANREPORT.COM [email protected] JEON, BYEONG CHAN PRESIDENT Tel Fax WWW Address E-Mail Address Chief Executive Line of Business SIC Paid Up Capital Started Registered Import Export Employs History Reg Charge 1994 1994 Yes Yes 281 CLEAR NO MANUFACTURE OF CIVIL ENGINEERING AND SIMILAR MACHINE EQUI 3531-0000 5082-0000 7353-0000 D&B Rating 5A3 6,693,750,000 Prev Rating 5A3 第 2 頁,共 14 頁 Sales Tang. Net Worth 162,174,000,000 64,564,000,000 Condition Trend FAIR EVEN CURRENCY: All monetary amounts shown in KOREAN WON unless otherwise stated. EXECUTIVE SUMMARY ----------------- * Subject is an established business with 17 year(s) of operating history. * Operation are profitable operations based on its 2009 financial statement. Financial Highlight ------------------(Figures in millions South Korean WON (KRW)) YEAR : 2007 Sales 152,862 Profit After Tax9,682 Tang. Net Worth 48,861 2008 227,669 10,970 57,893 2009 162,174 9,517 64,564 Company News -----------Title:PANTECH SAYS IT'S NOT BUYING Category:General Media Category Pantech Co., part of Korea's third-largest mobile-phone vendor, denied that the company and its affiliates are considering buying Siemens AG's handset unit. Pantech, affiliate Curitel Communications Inc. and Pantech C&I aren't considering the purchase and haven't received any written or official request from the German company, Pantech spokesman Chang Ki-jun said in Seoul yesterday. Siemens recently asked Pantech to buy its mobile-phone unit and Pantech is considering the request, the Korea Economic Daily reported earlier yesterday. The paper cited an unidentified Pantech official. Curitel earlier this week agreed to buy handset-maker SK Teletech Co. for 300 billion won($296 million). Siemens, which has seen its global mobile-phone vendor ranking drop to sixth from fourth in less than a year, said this month it wants a partnership with other companies for its handset business. 第 3 頁,共 14 頁 (JOINS.COM 7/5/2005) Title:MIXED REACTIONS OVER PANTECH`S ACQUIRING OF SK Category:Mergers & Acquisitions Analysts are mixed whether Pantech Co.'s newly minted alliance with top mobile-phone operator SK Telecom Co. will have a fundamental impact on the company's competitiveness. Pantech, the country's third-largest mobile-phone maker, announced Tuesday that it will acquire 60 percent of rival SK Teletech Co., the handset affiliate of SK Telecom, for 300 billion won ($299 million). SK Telecom, which controlled 89.1 percent of SK Teletech, will remain as the second-largest shareholder with a 29.1 percent stake. 'By acquiring SK Teletech, Pantech will be able increase domestic sales with better access to SK Telecom`s customers, which account for more than half of the wireless market. However, the increase in revenue could be undermined by a negative impact on Pantech's brand image, going against the company's efforts to transform from a original-design manufacturer to a legitimate mobile-phone power,' said Uno Kim, an analyst at Daewoo Securities Co. 'It was just last month that the SK Group held a ground-breaking ceremony to open a new handset production line in China and announced plans to invest 26 billion won in the facility by 2006. Right now, its hard to have a clear grip on SK Group's motives of handing over SK Teletech's management control to Pantech,' he said. Pantech sold more than 2.2 million mobile-phones in Korea last year, controlling about 12.5 percent of the local market. Industry watchers believe Pantech's acquisition of SK Teletech could put the company in a better position to compete against larger rivals Samsung Electronics Co. and LG Electronics Inc. Meeting with reporters on Wednesday, Pantech chairman Park Byung-yeop said that adding SK Teletech will help the company increase its domestic presence and enable them to diversity its product line overseas. 'The idea of aligning with SK Teletech first came when I met SK Group chairman Chey Tae-won three to four months ago. Negotiations had begun in March,' said Park. He said that the alliance was unrelated to Pantech's purchasing of 1.12 percent of SK Corp.'s shares last year, helping the top oil refiner to fend off a hostile takeover attempt by Sovereign Asset Management Ltd. 'SK Group had established a dominant presence in the domestic economy but had been struggling to secure revenue sources in foreign markets. For them, this is where the partnership with Pantech comes in,' he said. Analysts believe Pantech's acquisition of SK Teletech will benefit SK Telecom by effectively ending the government-imposed restrictions on its handset business. Under the antitrust agreement that followed SK Telecom's 2002 takeover of then-rival Shinsegi Telecom, the mobile-phone operator may sell no more than 1.2 million SK Teletech handsets per year to its subscribers through 2005. With the market cap being lifted at the end of the year, the Ministry of Information and Communication had been considering placing further limits on SK Telecom`s handset business. SK Telecom had about 19 million customers as of March, accounting for 51.2 percent of the local market. 'SK Telecom still owns about 30 percent of SK Teletech. It is clear they needed to get rid of one of the many regulatory risks they were facing, but they still wanted to have a presence on 第 4 頁,共 14 頁 the handset manufacturing side,' said Stan Jung, an analyst at Woori Securities Co. (KOREA HERALD 6/5/2005) Title:KOREA'S LARGE SALARIED WORKERS EXCEED 20,000 LAST YEAR. Category:New Development South Korean salaried workers who drew an annual payment of more than 100 million won (US$79,000) last year totaled 21,000, the National Tax Service (NTS) said Sunday. The figure is only 0.4 per cent of total workers, but they paid taxes of 935.6 billion won to the government, 15.4 per cent of total tax amounts paid by workers. The large-salary receivers, who came to 7,000 in 1997 8,000 in 1998, posted a sharp increase in 1999 to 15,000. They came to 21,000 last year, a 6,000 increase from the previous year. The NTS attributed the hike to an improvement in treatment for fund managers and chief executive officials (CEOs) in companies and startups. Workers who received 10 million won and less accounted for 4.05 million, recording 68.3 per cent of total tax-paid workers. Those who collected an annual pay of between over 10 million won and 40 million won and less amounted to 1.76 million while those with more than 40 million won to 80 million won and less hit 90,000. Meanwhile, salaried men last year totaled 11.1 million, marking a new record. (WALL STREET JOURNAL 6/2/2002) Title:GOVERNMENT ADAMANT AGAINST EASING RULES ON CHAEBOL BANK OWNERSHIP. Category:Financial Results Deputy Prime Minister and Minister of Finance and Economy Jin Nyum has reiterated the government position that it will continue to limit non-financial companies' ownership of commercial banks.Jin's remark comes amid large conglomerates' calls for the government to ease related restrictions in a bid to speed up the privatization of state-owned banks.Appearing on a KBS (Korea Broadcasting System) policy debate program, the top economic policymaker stressed that it is problematic for industrial capitalists to own banks.'The government will not deviate from the principal that large industrial companies should be limited in owning commercial banks,' Jin said. 'Such restrictions are also in place in foreign countries.'Currently, an industrial company is banned from owning a stake of more than 4 percent in commercial banks. However, the government will push for privatizing banks injected with public funds as quickly as possible, the economic czar emphasized.In the wake of a 1997 financial crisis, the government has put huge taxpayer money into several banks to keep them going. Currently, the government owns several large banks such as Chohung, Hanvit and Seoul.DPM Jin also said that the government will wrap up impending restructuring issues by February next year. He was referring to the sale of such companies as Daewoo Motor Co., Seoul Bank, Korea Life Insurance Co. to foreign and domestic buyers.'Thereafter, a constant restructuring mechanism will be set in motion, with sound banks culling nonviable companies and forcing them out of the market on a continual basis,' Jin said.Touching on the weakness of the yen, 第 5 頁,共 14 頁 Jin said that it would be disadvantageous to all for Japan to invigorate its exports through the devaluation of its' currency.'Since the ASEM (Asia-Europe Summit Meeting) finance ministers' conference early this year, Korea has been sounding such a warning,' the deputy premier for economic affairs said. 'Korea is discussing the issue with the United States, Japan and China.'The Japanese yen has recently fallen the 130-yen range to the dollar, raising concerns that it will cut into Korea's export competitiveness in foreign markets. More than 60 percent of Korean exports are estimated to compete with Japanese products in international markets.Meanwhile, Jin forecast that the Korean economy would be likely to grow 4 percent year-on-year next year, thanks to a rebound in exports and facility investments during the second half. (THE KOREA HERALD 10/1/2002) Title:KOREA TO LAUNCH US$30 MLN BIOTECHNOLOGY FUND WITH NEW JERSEY. Category:Mergers & Acquisitions The Ministry of Science and Technology plans to raise 40 billion won (US$30.18 million) with the U.S. state of New Jersey to create a joint fund to make investments in biotechnology startups there and in Korea, the ministry said Monday. The ministry wishes to launch the fund with the state government, with which it has maintained close relations, by the third quarter of next year. Science and Technology Minister Kim Young-hwan proposed establishing the fund to the New Jersey state government in early November during a trip to the United States. The ministry said it will contribute 15 billion won to the fund, while having Korean venture capital investment firms and the U.S. state put up 5 billion won and 20 billion won, respectively. (REUTERS NEWS 20/12/2001) Title:KOREA PREPARES FOR OFFICIAL LAUNCH OF EURO TUESDAY. Category:General Media Category Korean individuals and corporations which hold the currencies of the euro-zone countries and maintain trade relations need to prepare for the official switch to the euro starting Jan. 1, 2002. Those who have cash or travelers checks issued by euro-zone countries are advised to exchange them into won or euros by February to avoid higher fees. Local banks have automatically converted bank deposits denominated in the currencies of the 12 euro-zone countries. Banks now exclusively use the euro for money transfers or export letters of credit for the 12 euro-zone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. (ASIA PULSE 15/11/2001) FINANCE ------- 第 6 頁,共 14 頁 Financial Summary ----------------(Figures in millions South Korean WON (KRW)) YEAR : Current: Assets Liabilities 2007 2008 2009 69,052 35,673 ----------------33,379 104,901 78,254 ----------------26,647 84,957 52,976 ----------------31,981 18,605 3,123 ----------------48,861 ================= 34,332 3,086 ----------------57,893 ================= 37,143 4,560 ----------------64,564 ================= Annual Sales Profit After Tax 152,862 9,682 227,669 10,970 162,174 9,517 Profit Before Tax Cash & Bank A/Cs Receivable Inventory Fixed Asset Trade Creditors 9,682 3,054 20,727 39,960 16,714 20,143 7,313 12,620 28,975 55,472 29,466 23,051 8,329 16,316 18,467 44,059 29,984 14,176 Working Capital Other: Tangible Assets Non-Current Liab. Tangible Net Worth Balance Sheet -----------Fiscal statement as of 31/12/09. (Figures in millions South Korean WON (KRW)) Cash & Bank 16,316 Marketable Securities 60 Receivables 18,467 Inventories/Stocks 44,059 Prepayments 2,568 Other Current Assets 3,487 ------------------------------------TOTAL CURRENT ASSET 84,957 ------------------------------------TOTAL CURRENT LIAB 52,976 Land & Building Creditors & Borrowings 17,476 Trade Creditors Creditors & Borrowings Other Curr Liab 14,176 33,000 5,800 1,263 第 7 頁,共 14 頁 Plant & Equipment 1,283 Motor Vehicles 129 Fixtures & Fittings 493 Other Fixed Assets 10,603 ------------------------------------TOTAL FIXED ASSET 29,984 Other Non-Curr Liab 3,297 ------------------------------------TOTAL NON-CURRENT LIAB 4,560 Investments 7,159 ------------------------------------TOTAL INVESTMENT 7,159 Intangibles 490 ------------------------------------TOTAL INTANGIBLES 490 Paid Capital 6,736 Reserves General 12,565 Accum./Retained Profit 48,102 Other Equity -2,349 ------------------------------------TOTAL EQUITY 65,054 TOTAL ASSETS 122,590 ===================================== TOTAL LIAB. & EQUITY 122,590 ===================================== Profit & Loss A/C ----------------(Figures in millions South Korean WON (KRW)) PERIOD 1/1/2007 to 31/12/2007 Sales Cost of Good Sold Gross Profit Operating Expenses Operating Profit Profit before Tax Taxation Profit After Tax Financial Ratios ---------------- 152,862 124,068 28,794 18,656 10,138 9,682 0 9,682 1/1/2008 to 31/12/2008 227,669 169,846 57,823 27,511 30,313 7,313 -3,657 10,970 1/1/2009 to 31/12/2009 162,174 129,885 32,289 18,743 13,546 8,329 -1,188 9,517 第 8 頁,共 14 頁 YEAR Current Ratio Quick Ratio Total Debt to Equity Ratio Debt Ratio Asset to Sales Ratio Inventory Turnover Net Profit Margin(%) Return on Assets(%) Return on Equity(%) 2007 2008 2009 1.93 0.66 0.77 0.43 0.58 95.41 6.33 10.86 19.81 1.34 0.53 1.39 0.58 0.61 88.93 4.81 7.85 18.94 1.60 0.65 0.88 0.46 0.75 99.16 5.86 7.76 14.74 Subject condition is considered Fair. CURRENT INVESTIGATION --------------------On 9/6/2010, Jeon, Byeon Chan, President, confirmed operational and historical information in this report. The financial statement(s) of subject was obtained from it's annual report. The accounts are audited by Yale Accounting Corporation. Fiscal year end date of subject is 31 Dec. D & B's Rating consists of 2 parts, the Financial Strength and the Composite Credit Appraisal. Financial Strength is an indication of the tangible net worth (Total assets - Total Liability - Intangible assets). The Composite Credit Appraisal indicating an overall credit condition is derived from a comprehensive analysis of the information presented throughout the BIR, such as overall financial status, legal structure, management experience and any adverse listings. The D & B Rating for the subject is 5A3 which indicates a tangible net worth more than KRW 35,515,000,000 and an overall credit condition which is considered FAIR. BANK 第 9 頁,共 14 頁 ---Banking relations are maintained principally with :Branch -----Eumsung Korea Exchange Bank Banking Facilities Granted from the Bank(s):- Short-Term Loan Long-Term Loan KRW KRW Amount -----33,000,000,000 1,217,680,000 Est. Credit Limit Low 11 Figures Deposit Level (As of 31 3 2010) Low 10 Figures HISTORY ------- Legal Status Year Started Business Reg No. Exp & Imp Reg. No. Date of Registration Date of Public Listing Listed on Stock Code Corporation - KOSDAQ Listed 1994 1078145758 11180384 1 Jun 1994 15 Nov 2003 KOSDAQ 041440 Divided into:Type of Shares -------------Ordinary Shares Fully Paid Up Capital (as of 31 Mar 2010) No. of Shares ------------13,387,500 6,693,750,000 Par Value --------500.000 第 10 頁,共 14 頁 Shareholders' List -----------------Name of Shareholder ------------------Yang, Cheol Woo Jeon, Byung Chan Others Shares Held -----------14.58% 7.49% 77.93% -----------Total 100% ========== Change in Company Name ---------------------Name was changed from Hanwoo Equipment Co., Ltd. to Hanwoo TNC Corporation on 0 Apr 2000 and to the present name on 12 Mar 2007. Other key events ---------------Date of event: 1 Jun 1994 Details Founded as the name of Hanwoo Equipment Co., Ltd. Date of event: Nov 1998 Details Designated as venture business by the Small and Medium Business Administration. Date of event: Jul 1999 Details Obtained ISO 9001 certificate. Date of event: Apr 2000 Details Changed its name to Hanwoo TNC Corporation. Date of event: 14 Nov 2003 Details Registered on KOSDAQ. 第 11 頁,共 14 頁 Date of event: Mar 2007 Details Changed its name to Sample Korean Report Co., Ltd. Principals ---------Name/Address ------------ ID/PP NO. --------- JEON, Byeong Chan -- Nationality ----------Korean Principals' Background ---------------------Name : Gender : Title : Birth Date : Nationality : Marital Status : Education - Level : - School/University : Started with Subject : Activity Status : Area of Responsibility: Employment History Period ------ JEON, Byeong Chan Male President 15/8/1955 Korean married university Yonsei University 2007 Active in subject's day-to-day operation. overall management : Company Employed ---------------- Last Position Held ------------------ 第 12 頁,共 14 頁 1981-1994 1994-2000 2000-2005 2005-2007 2007 Daewoo Hanwoo Hanwoo Hanwoo Sample Heavy Industries Ltd. Equipment Co., Ltd. TNC Corporation TNC Corporation Korean Report Co., Ltd. Manager General Manager Managing Director President President OPERATION --------Subject is engaged in:Manufacturing of Concrete Pump Truck Manufacturing of Attachment Manufacturing of Tower Crane Others Operations are non-seasonal. Sales Territory & Terms ----------------------Local International Worldwide 65% 35% Selling Terms ------------Cash Contract basis 60 days Purchase Territory & Terms - Merchandise ----------------------------------------International: Japan Purchasing Terms 39% 22% 16% 21% ------100% ======= 第 13 頁,共 14 頁 ---------------Contract basis 60 days L/C (Letter of Credit) T/T (Telegraph Transfer) Purchase Territory & Terms - Raw Materials -----------------------------------------Local 85% International: Sweden Germany 15% Purchasing Terms ---------------Cash Contract basis 60 days Employees --------Total: 281 Staff Breakdown --------------Directors Plant Workers Office Personnel Technicians Others SUBSIDIARIES -----------Name Location % Shares Owned DUNS Name Address 5 98 113 53 12 HANWOO PRECISION MACHINERY LTD. PR China 100% 63-000-0000 TYPOS CO., LTD. 307 Hajang-ri, Ipjang-myeon Chonan, Chungnam 第 14 頁,共 14 頁 Line of Business % Shares Owned BRANCH -----Location Tel. Nature of Business South Korea WHOL. OF ATTACHMENTS 100% Room No. 1203, Woorim Lions Bldg., Kasan-dong, Geu Seoul, Seoul, South Korea 82 - 28010700 Office This report, which is licensed under contract solely for use by D&B's customer as one factor in its business decisions, contains information compiled from sources D&B does not control and which, unless otherwise indicated in this report, has not been verified. D&B does not assume any of user's business risk; does not guarantee the accuracy, completeness, and timeliness of the information; and shall not be liable in tort, contract or otherwise for any loss, damage, and injury resulting from use of this information, even if caused by D&B's negligence. Copyright 2011 Dun & Bradstreet All Rights Reserved *** REPORT COMPLETE *** END OF REPORT
© Copyright 2024