第 1 頁,共 14 頁 Sample report Customer reference:

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
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