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Chin Hung International Inc. (002780) |
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STOCK |
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| Address |
RM.402,2B-3L,,GEUMGOK-DONG, SEO-GU, INCHEON |
| Home Page |
www.chinhung.co.kr
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| Established |
1959. 9. 3 |
Tel |
032-566-0576 |
| Listed |
1977. 6.25 |
IR |
02-772-1283 |
| Common shares O/S |
135,594,011 |
President |
Kim,Yong Jin |
| Preferred shares O/S |
14,200,000 |
No.of Employees |
386(2008. 3) |
| Firm's sales rose compared to a year earlier, due to sales in the contract sector, despite reduced sales in firm's own construction sector. Firm's operating profit ratio declined, because of rising cost to sales ratio and allowances for bad debts. Amid rapid biz revenue increase, firm's net borrowings soared, deriving from large scale cash outflows, because of slump in APT selling biz. |
| Though firm is likely to show growth trend thru government's property relief policy, firm's profitability is expected to be limited owing to skyrocketing raw material prices. Firm's growth is projected, thanks to synergy effects with biz connected to Hyusing's construction sector as the firm was acquired by Hyosung. Hyosung became the largest shareholder thru third party-allotted paid in capital increase, and firm's liquidity and financial stability improvement are forecast owing to procurement of fund to acquire CBs. |
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(date: 2007.12, unit : %) |
| Name |
Kuam Development |
Mir E&C |
Jin Geonhyeop |
| Portion |
18.0 |
9.7 |
1.3 |
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(unit : %) |
| Sales |
Contracted Construction |
78.2 |
Cost |
Raw Materials |
22.5 |
| Civil Engineering construction |
21.0 |
Labors |
3.6 |
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Overhead |
73.8 |
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(Unit : 100Mn.Won,Won) |
| Year |
~06.12 |
06.12 |
06.12 |
07.11 |
08. 2 |
| Type |
CB |
RI |
RI |
RI |
RI |
| Amount |
17.92 |
35.00 |
76.45 |
90.00 |
296.99 |
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