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Ace Bed Co.,Ltd. (003800)   KOSDAQ
 
Address 142-6,SANGDAEWON 1-DONG, SEONGNAM-SI JUNGWON-GU, GYEONGGI
Home Page www.acebed.co.kr
Established 1977. 5.12 Tel 031-746-7111-4
Listed 1996. 5. 3 IR 043-877-1881
Common shares O/S 2,218,000 President Ahn,Seong Ho
Preferred shares O/S No.of Employees 542(2010. 6)
Amid steady increasing trend of demand for beds, arising from living standard improvement, firm's biz revenue grew thru sales increase, boosted by consumer sentiment improvement, deriving from economic recovery in the first half. Operating profit ratio rose, due to decline in selling and administrative expenses burden, according to sales expansion, and thus firm has maintained excellent earnings structure with improved nonoperating balance. Firm has maintained excellent financial structure following the previous year, in view of high equity capital, along with low debt level and non-borrowings Mgmt.
With high brand recognition, the firm shows stable market dominance and firm's biz revenue growth is forecast to continue in the biz cycle in the second half. Profitability improvement is expected with decline of imported raw material prices along with ease in selling and administrative expenses and exchange rate rise, deriving from biz revenue growth. Firm is projected to run the current level of stable biz, considering that Simmons Bed and Serta Bed operated by the company and its related party take up more than 50%.
(date: 2009.12, unit : %)
Name Ahn Seongho Ahn Yusu Ahn Jeongho
Portion 74.5 5.0 0.3
(unit : %)
Sales Bed 91.6 Cost Raw Materials
Furniture 2.4 Labors
Others 5.8 Overhead
(Unit : 100Mn.Won,Won)
Year 96. 4 96. 8 96.12 97. 2 03. 7
Type LI BI BI MA MA
Amount 10.10  30.30  48.60  9.00  12.90