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Shinhwa Silup Co.,Ltd. (South Korea)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing | Steel Product Manufacturing from Purchased Steel | Coating, Engraving, Heat Treating, and Allied Activities
Full name: Shinhwa Silup Co.,Ltd. Profile Updated: July 04, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Shinhwa Silup Co., Ltd., located in Ansan, is a company that was founded in 1956. They specialize in the manufacturing of tin-plated steel and have been in operation for several decades. Over the years, they have expanded their operations and achieved various milestones. In 1967, they completed the construction of their tin-plated steel melt manufacturing facility Units 1 and 2. In 1972, they acquired KS certification for tin-plated steel. They continued to grow and in 1975, completed the construction of their tin-plated steel melt manufacturing facility Unit 3. In 1978, they developed their own electric plating line. In the 1980s and 1990s, they expanded their business internationally, exporting their electroplating lines to China and South America. They were also recognized for their achievements, winning the $1 Million Export Tower Award in 1994. In recent years, they have undergone changes, including the appointment of a new CEO in 2018 and completing an environmental improvement project at their Ansan headquarters in 2021. In 2022, they changed their name to Shinhwa Dynamics (SHD) and completed the upgrade installation of SHEAR Unit 2 (LM2E).

Headquarters
661-4 Seonggook-Dong, Danwon-Gu, Ahnsahn
Ansan; Gyeonggi; Postal Code: 425-835

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Website: http://www.shinhwatp.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 01, 1956
Key Executives
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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17.03%
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7.99%
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5.56%
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1.79%
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0.61%
Subsidiaries
(주)신안제관
20%
Company Performance
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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
-15.14%
Total operating revenue
-15.07%
Operating profit (EBIT)
-95.52%
EBITDA
-89.12%
Net Profit (Loss) for the Period
-98.96%
Total assets
-3.99%
Total equity
-0.37%
Operating Profit Margin (ROS)
-10.81%
Net Profit Margin
-8.4%
Return on Equity (ROE)
-20.47%
Debt to Equity Ratio
-3.26%
Quick Ratio
-0.22%
Cash Ratio
-0.41%

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