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GAON CABLE Co., Ltd. (000500)   STOCK
 
Address 166,GEUMJEONG-DONG, GUNPO-SI, GYEONGGI-DO
Home Page www.gaoncable.com
Established 1947. 9.24 Tel 031-459-6207
Listed 1987. 5.19 IR 02-705-3918
Common shares O/S 3,900,000 President Gu,Ja Yeop
Preferred shares O/S No.of Employees 433(2008. 3)
Firm's sales and operating profit rose, compared to last year, because of demand increases in wires for construction, general use and optical communications. Firm's profitability slightly went down compared to a year earlier, as firm's nonoperating expenses rose, due to interest expense burden stemming from increase in borrowings. Firm's overall financial structure is at good level, in view of high liquidity ratio and low debt ratio in the industry.
Firm's stable growth is expected with top market leader's position amid nonfierce competition in the market of general use cables, though cable biz, firm's flagship biz, has a low earnings structure. Firm's biz revenue growth and earnings structure improvement are expected thru facility building and biz diversification via an agreement for functional materials production for auto parts with Garam Tech. Though, firm's borrowings size increases due to large scale facility investment in the new biz sector along with working capital burden, firm's financial stability is forecast to be good in consideration of asset size and earnings creation ability.
(date: 2007.12, unit : %)
Name Korea Value Asset Management Gu Jahong Gu Jayeol
Portion 7.7 5.5 5.4
(unit : %)
Sales Insulation Electric Wire 85.2 Cost Raw Materials
Cable 14.0 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 87. 6 89.11 89.11 94. 8 96.11
Type RI RI BI RI RI
Amount 9.00  18.00  13.00  30.00  65.00