NH NONGWOOBIO Conglomerate Status Disclosure - Financial Stability Maintained, Nonghyup Economic Holding Stake at 57.99%
NH NONGWOOBIO, part of the Nonghyup conglomerate, operates in seeds, horticultural substrates, and fertilizers, with 7 overseas seed subsidiaries.
As of the last fiscal year, total assets are 300.5B KRW, liabilities 44.4B KRW, equity 256.1B KRW, maintaining a low debt ratio of 17.34%. Revenue was 114.7B KRW, operating profit 11.1B KRW, net profit 11.1B KRW.
The largest shareholder, Nonghyup Economic Holding, holds 57.91% of shares, ensuring stable control, while other shareholders hold 42.01%.
Related-party transactions include a 477M KRW loan from Nonghyup Bank and product/service sales via negotiated contracts for seeds and substrates/fertilizers.
[AI Summary]This is a routine conglomerate status disclosure with no direct impact on shareholder value such as capital raising or share changes. The low debt ratio of 17.34% and stable profitability indicate low financial risk, but the controlling stake of Nonghyup Economic Holding (57.99%) limits minority shareholders' voting influence.
KOSDAQ Filing Information
Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]