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Kanaan Co.,Ltd. (South Korea)

Main Activities: Leather and Allied Product Manufacturing | All Other Leather Good and Allied Product Manufacturing
Full name: Kanaan Co.,Ltd. Profile Updated: October 27, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2022 Available in: English Download a sample report

Kanaan Co., Ltd., also known as Canaan, is a bag manufacturing company located in Namyangju, Gyeonggi-do, South Korea. It was established in March 1983 and is led by CEO Kim Cheol-so. The company has approximately 70 employees. Canaan specializes in producing daypacks, technical packs, and luggage. With over 40 years of bag manufacturing experience, the company has gained a leading role in the bag industry. It operates in various international markets, including the United States, Europe, and Asia. Canaan has bag research institutes and production bases in countries such as Vietnam, China, Indonesia, and Myanmar. The company focuses on providing high-quality bags to consumers, utilizing its advanced technology and equipment. Canaan aims to create bags that are considered an essential part of the consumer's body. Additionally, the company is committed to environmental protection and sustainability. It manufactures bags using eco-friendly materials such as Recycle Fabric, Mesh, Webbing, and Buckle. Canaan is dedicated to becoming an eco-friendly company and contributing to global environmental protection through its manufacturing practices. Canaan strives to be a leading company in the 21st century bag manufacturing industry. It emphasizes continuous research and development, as well as technological innovation. The company welcomes interest and advice from stakeholders as it works towards its goal of becoming a respected and successful company in the bag manufacturing sector.

Headquarters
316, Hongyureung-ro Namyangju-si Gyeonggi
Namyangju; Gyeonggi; Postal Code: 472809

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Website: http://www.kanaan.co.kr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 21, 1985
Key Executives
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Chairman
Ownership Details
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82.4%
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10%
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7.6%
Subsidiaries
A.Tion Fashion Inc.
46.6%
Shinsung Tongsang Co.,Ltd.
41.8%
Cnts Co.,Ltd.
Company Performance
Financial values in the chart are available after Kanaan Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net sales revenue
60.54%
Total operating revenue
60.54%
Operating profit (EBIT)
125.11%
EBITDA
125.07%
Net Profit (Loss) for the Period
580.51%
Total assets
34.3%
Total equity
45.85%
Operating Profit Margin (ROS)
4.19%
Net Profit Margin
15.29%
Return on Equity (ROE)
25.98%
Debt to Equity Ratio
-24.82%
Quick Ratio
-0.29%
Cash Ratio
-0.21%

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