Seo Won Co.,Ltd. (021050)   STOCK (Unit : %, Times) Fiscal Year End 2003.12.31 2004.12.31 2005.12.31 2006.12.31 2007. 6.30 Net Income to Total Assets 2.97  - 2.40  4.45  7.62  0.34  Ordinary Income to Total Assets 3.31  - 3.84  5.20  9.65  0.40  Operating Profit to Working Capital 5.39  - 5.06  8.48  13.90  2.65  Net Income to Equity 7.06  - 5.89  9.63  16.76  0.80  Net Income to Sales 1.68  - 1.09  1.83  2.69  0.15  Ordinary Income to Sales 1.88  - 1.75  2.14  3.41  0.18  Operating Income to Sales 2.72  - 2.00  2.87  4.04  0.95  Total Income to Sales 6.15  4.46  6.24  6.82  3.69  Times Interest earned 2.35  - 0.43  3.15  3.91  1.14  Financial Expenses/Sales 1.39  1.23  0.99  1.17  1.25  Equity to Total Assets 40.02  41.64  50.94  41.85  41.88  Liability to Equity 149.88  140.15  96.31  138.94  138.75  Borrowings & Bonds to Assets 55.23  51.93  43.56  52.80  53.96  Current Liabilities to Equity 131.08  108.97  66.69  102.69  101.89  Fixed Assets to Equity & L/T Liabilities 56.67  64.14  63.08  65.79  67.20  Fixed Ratio 67.32  84.14  81.77  89.64  91.98  Current Ratio 139.27  143.17  171.75  145.40  144.05  Quick Ratio 73.41  62.02  109.02  61.50  72.19  Debt Coverage Ratio 14.22  8.39  28.98  25.07  11.54  Total C/F to Liabilities 10.92  12.27  14.57  12.71  -     Business Capital Turn over 1.98  2.53  2.95  3.44  2.80  Total Assets Turn over 1.76  2.19  2.43  2.83  2.30  Trade Receivables Turn over 7.41  8.93  9.68  11.23  9.86  Inventories Turn over 4.95  6.16  8.33  9.37  6.87  Trade Payables Turn over 134.52  104.22  87.92  170.89  151.11  Sales Growth 8.32  27.62  2.91  42.91  - 4.65  Total Asset Growth 16.84  - 9.79  - 4.42  51.64  - 2.86  Equity Growth 5.27  - 6.14  16.92  24.59  - 2.79  (Unit : %) Fiscal Year End 2002.12.31 2003.12.31 2004.12.31 2005.12.31 2006.12.31 Cost of Sales 95.28  93.85  95.54  93.76  93.18  Selling & General Adm.Exp. 2.67  3.43  6.47  3.37  2.78  R & D Costs 0.01  0.01  0.05  0.16  0.12  Depreciation 0.96  1.15  1.07  0.87  0.54  Financial Expenses 1.12  1.39  1.23  0.99  1.17  Operating Income 2.05  2.72  - 2.00  2.87  4.04  Ordinary Income -  -  -  -  -  Income before Income Taxes 2.66  1.88  - 1.75  2.14  3.41  Net Profit 1.83  1.68  - 1.09  1.83  2.69  (Unit : 100Mn. Won, %) Fiscal Year End 2002.12.31 2003.12.31 2004.12.31 2005.12.31 2006.12.31 Total Debt 367.8  489.3  415.0  332.7  611.5  Short-Term Debt 308.1  430.8  318.3  219.1  432.9  Current Portion of L/T Debt 2.4  1.1  0.0  7.5  14.0  Long-Term Debt 57.2  57.2  96.6  106.0  164.5  Short-Term Debt to Total Debt 83.79  88.06  76.71  65.86  70.80