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C&Heavy Incdustries Co., Ltd. (008400)   STOCK
 
Address 1282, YEONSAN-DONG, MOKPO-SI, JEOLLANAM-DO
Home Page www.cn-jindo.co.kr
Established 1973. 1. 8 Tel 061-270-7000
Listed 1987.10.24 IR 02-3706-4318
Common shares O/S 20,306,314 President Im,Gap Pyo
Preferred shares O/S 3,713 No.of Employees 324(2008. 3)
Firm's biz revenue declined, because of sales reduction in the existing container ships deriving from conversion of its major biz into shipbuilding, and sales fell, according to division of its clothing division; firm's biz revenue dipped compared to the previous year. Firm' operating deficit was expanded compared to the previous year, due to container ship raw material prices hike and initial Mgt and operating expenses increase for the entry into shipbuilding industry. Firm shows partial impaired capital according to reduction of capital, and maintains high debt ratio in the industry; firm's financial structure is weak.
Firm's biz revenue growth is expected in the shipbuilding sector (firm's flagship biz) in view of winning an order to build four bulk carriers worth KRW 154.4 billion from its affiliate, C& Merchant Marine. Firm's profitability improvement is expected to be limited up to stabilization point of shipbuilding biz amid continued poor performance of the existing biz. Firm's cash flows from operating activities turned into negative; unstable factors are likely to exist including high dependency on external funds, because of ship yard building expenses.
(date: 2007.12, unit : %)
Name C& SHIPPING C&Heavy Industrial C&Woobang
Portion 26.4 6.6 4.0
(unit : %)
Sales Container Business Parts 95.0 Cost Raw Materials
Others 4.9 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year ~06.12 07.10 ~07.12 08. 1~ 08. 3
Type CB MA CB CB MA
Amount 122.23  139.56  50.93  0.04  44.72