SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
Korea
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

ACE HIGHTECH CO.,LTD.

Main Activities: Semiconductor and Related Device Manufacturing

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
ACE HIGHTECH CO.,LTD.

Headquarters
Chungbuk 15; Gwangju; Gyeonggi; 464861
Status: Listed
Legal Form: Public Limited Company
Operational Status: Operational
Financial Auditors: SUNJIN (2011)
Incorporation Date: August 9, 1978
Total Employees: 20

Tel: 043-216-6240

Company Description

Earnings rose slightly on high demand for packaged kimchi and expansion into a home-shopping channel, while exports to Japan fell significantly amid a weaker yen. The scope of operating loss was widened on burdens from rising costs for sales and administrative expenses, while cabbage prices stabilized. The scope of net loss was narrowed on a rise in non-operating profit, but deficit rose despite of a rights issue. Financial stability deteriorated on rising debts. Despite of difficult market conditions
More

Company Analysis

According to the Individual - Audited financial statement for the first half of 2012, total net operating revenues increased with 36.98%, from KRW 2,094,602 thousands to KRW 2,869,127 thousands. Operating Results increased from KRW -439,725 thousands to KRW 36,747 thousands. The results of the period increased 92.71% reaching KRW -929,885 thousands at the end of the period against KRW -12,762,896 thousands last year. Return on equity (Net income/Total equity) went from -111.01% to -8.65%, the Return On Asset (Net income / Total Asset) went from -63.46% to -4.99% and the Net Profit Margin (Net Income/Net Sales) went from -609.32% to -32.41% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 73.34% compared to 74.92% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.84 to 0.73 when compared to the previous year.

Key Executives

Jang,Seok Su President
Kim,Jong Myeong Non-Executive Independent Director
Lee,Gyun Cheol Auditor
Lee,Gi Seo Executive Director

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

20,582,768

18,633,827

Current Assets

6,966,400

5,404,153

Total Liabilities

8,793,258

7,884,216

Shareholders Equity

11,789,510

10,749,611

Current Liabilities

8,367,001

7,379,240

* All the accounts are in KRW.
Income Statement

Total Operating Revenue

8,884,328

2,869,127

Operational Profit (Loss)

516,437

36,747

Net Profit (Loss)

138,447

-929,885

* All the accounts are in KRW.
Ratios
Profitability Ratios

Return on Assets (ROA)

0.67%

-4.99%

Return on Equity (ROE)

1.17%

-8.65%

Return on Sales (ROS)

1.56%

-32.41%

Return on Capital

1.13%

-8.26%

Gross Profit Margin

12.39%

16.63%

Efficiency Ratios

Current asset turnover

1.28x

0.53x

Asset Turnover

0.43x

0.15x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

-315,943

-1,163,318

EBITDA

927,733

243,342

Bookvalue (BV)

10,977,049

9,824,315

Liquidity Ratios

Current Ratio

83.26%

73.23%

Quick ratio

82.97%

70.51%

Doom's day ratio

13.92%

21.85%

Cash Flow to Debt

12.82%

19.98%

Leverage Ratios

Leverage ratio

174.59%

173.34%

Interest Coverage Ratio

130.47%

-298.35%

Debt to equity

74.59%

73.34%

Debt to total assets

42.72%

42.31%

Long Term Debt to Capital

3.49%

4.49%

Market ratios

Price/Book Ratio

1.03

0.94

Trend Ratios

Revenue Trend

140.82%

136.98%

Net Income Trend

-0.91%

7.29%