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Hankuk Paper Mfg. (002300)   STOCK
(Unit : %, Times)
Fiscal Year End 2006.12.312007.12.312008.12.312009.12.312010. 9.30
Net Income to Total Assets - 0.90 - 1.58 - 0.75 11.93 5.30 
Ordinary Income to Total Assets - 1.43 - 2.24 - 0.97 15.56 6.79 
Operating Profit to Working Capital - 1.19 - 1.60 5.94 16.41 16.41 
Net Income to Equity - 1.29 - 2.36 - 1.19 18.36 7.62 
Net Income to Sales - 1.11 - 1.69 - 0.65 10.08 4.33 
Ordinary Income to Sales - 1.76 - 2.40 - 0.84 13.14 5.54 
Operating Income to Sales - 1.22 - 1.60 4.78 12.91 4.80 
Total Income to Sales 8.95 7.85 12.75 21.00 12.55 
Times Interest earned - 0.04 - 0.46 0.42 11.40 10.18 
Financial Expenses/Sales 1.70 1.65 1.45 1.26 0.60 
Equity to Total Assets 67.60 65.77 60.59 69.21 69.96 
Liability to Equity 47.92 52.04 65.03 44.48 42.94 
Borrowings & Bonds to Assets 25.39 28.34 28.26 20.34 22.97 
Current Liabilities to Equity 27.58 42.15 57.13 38.32 38.21 
Fixed Assets to Equity & L/T Liabilities 78.49 81.48 82.28 69.15 68.31 
Fixed Ratio 94.46 89.54 88.78 73.41 71.54 
Current Ratio 193.84 148.28 133.47 185.47 186.84 
Quick Ratio 141.73 113.80 89.39 143.23 127.13 
Debt Coverage Ratio 39.87 23.79 24.27 80.63 30.66 
Total C/F to Liabilities 13.55 12.94 19.99 42.99 -    
Business Capital Turn over 0.98 1.00 1.24 1.27 1.32 
Total Assets Turn over 0.81 0.93 1.16 1.18 1.22 
Trade Receivables Turn over 3.75 3.56 4.19 4.30 4.54 
Inventories Turn over 9.26 9.67 9.25 8.98 8.99 
Trade Payables Turn over 39.34 36.61 22.93 21.51 42.55 
Sales Growth 14.11 17.11 28.40 8.39 11.34 
Total Asset Growth 3.56 0.15 6.88 4.82 3.03 
Equity Growth - 2.73 - 2.56 - 1.53 19.74 4.14 
(Unit : %)
Fiscal Year End 2005.12.312006.12.312007.12.312008.12.312009.12.31
Cost of Sales 81.88  91.05  92.15  87.25  79.00 
Selling & General Adm.Exp. 10.39  10.17  9.44  7.96  8.09 
R & D Costs
Depreciation 4.93  6.60  6.09  2.53  2.07 
Financial Expenses 0.91  1.70  1.65  1.45  1.26 
Operating Income 7.72 - 1.22 - 1.60  4.78  12.91 
Ordinary Income
Income before Income Taxes 9.50 - 1.76 - 2.40 - 0.84  13.14 
Net Profit 8.62 - 1.11 - 1.69 - 0.65  10.08 
(Unit : 100Mn. Won, %)
Fiscal Year End 2005.12.312006.12.312007.12.312008.12.312009.12.31
Total Debt 890.9  1,208.2  1,350.5  1,199.2  1,085.7 
Short-Term Debt 352.9  374.1  621.2  923.8  934.8 
Current Portion of L/T Debt 145.3  245.9  462.3  80.6  18.2 
Long-Term Debt 392.6  588.0  267.0  194.7  132.6 
Short-Term Debt to Total Debt 39.62  30.97  46.00  77.03  86.10