Print
ASIA PAPERTEC Inc (009380)   STOCK
 
Address 1706, JEONGWANG 3-DONG, SIHEUNG-SI
Home Page www.asiapapertec.com
Established 1973.11. 1 Tel 031-499-6366-8
Listed 1995. 8.18 IR 031-434-7404
Common shares O/S 7,346,807 President Park,Won Hui
Preferred shares O/S 2,445,531 No.of Employees 107(2009. 9)
Year-on-year sales fell, due to price decline of products and sales decline. Firm's operating and net profits sharply grew, in view of waste paper prices stabilization and decline of cost to sales ratio. Financial stability improved with some loans repayment, and the firm shows excellent financial structure based on ample cash assets.
Biz revenue growth is expected, thanks to corrugated cardboard demand increase deriving from courier market growth, and agricultural products packing trend. Profitability is expected to go up owing to raw material price decline, and sales ratio expansion of high value added white raw material paper. Supply and demand improvement of waste paper (raw material) is expected, in view of export decline stemming from oversupply of waste paper within China.
(date: 2009.06, unit : %)
Name Asia Cement Co.,Ltd. Asia Paper Mfg. Co.,Ltd. Hong Geonje
Portion 35.2 21.1 0.1
(unit : %)
Sales Liner Paper 100.0 Cost Raw Materials
Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 99.12 03. 4 03. 4 04. 3 04. 3
Type CR CR RI CR RI
Amount - 64.95  - 38.97  33.86  - 35.85  365.00