Sunjin Co., Ltd.'s Corporate Group Status Disclosure: Financial Health and Affiliate Transactions Revealed
Sunjin is a non-financial company within the Harim group, primarily engaged in animal feed manufacturing, meat processing, and real estate leasing.
As of the latest fiscal year, total assets of 891.7 billion KRW, total liabilities of 389.3 billion KRW, debt ratio of 77.48%, indicating a sound financial structure.
Recorded sales of 990.9 billion KRW, operating profit of 44.0 billion KRW, net income of 40.3 billion KRW, showing stable profitability.
Largest shareholder is Harim Holdings with 50.00% stake; total stake of the same person side is 50.06%.
Operates 13 overseas subsidiaries in Myanmar, China, India, Vietnam, Philippines, etc., engaged in feed and livestock business.
Related-party transactions: domestic affiliate sales of 118.1 billion KRW (11.92% of total sales), purchases of 295.2 billion KRW (36.07% of total purchases).
Receivables from affiliates amount to 87.7 billion KRW, major guarantees outstanding of 125.9 billion KRW (mainly for overseas subsidiaries).
Loans provided: 14.4 billion KRW to affiliates such as Sunjin Hanmaeul.
[AI Comprehensive Analysis]This disclosure is a routine corporate group status report with no special positive or negative news. Sunjin's financial condition is stable, and the scale of inter-company transactions is significant but reasonable from an operational efficiency perspective. There are no immediate implications for investment decisions.
KOSPI Filing Information
Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]