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Michang Oil Ind. Co.,Ltd. (South Korea)

Main Activities: Petroleum and Coal Products Manufacturing
Full name: Michang Oil Ind. Co.,Ltd. Profile Updated: April 04, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Michang Oil Industrial Co., Ltd. is engaged in manufacturing of lubricants and other petroleum products. The company's product portfolio includes Automotive lubricants, marine lubricants, industrial lubricants, transformer oil, processed oil, liquid paraffin and hydro-carbon solvents and cleaners. Michang Oil Industrial Co., Ltd. is based in Busan, with production facilities located in Ulsan, Ansan as well as in Busan. The company has a tie-up with Mitsubishi Oil Co., Ltd in Japan. Michang Oil Industrial Co., Ltd. was incorporated in 1962.

Headquarters
241, Haeyang-ro Yeongdo-gu Busan
Busan; Busan; Postal Code: 606805

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Website: http://www.michang.co.kr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
December 27, 1962
Key Executives
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CEO
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Non-Executive Independent Director
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Non-Executive Independent Director
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Auditor
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Senior Managing Director
Ownership Details
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28.6%
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10.5%
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10%
Subsidiaries
Pu San Star Motors
24.5%
Middle Pusan Cable Broadcasting
2.4%
Ul San Broadcasting
2%
Company Performance
Financial values in the chart are available after Michang Oil Ind. Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net sales revenue
46.37%
Total operating revenue
46.37%
Operating profit (EBIT)
89.05%
EBITDA
77.88%
Net Profit (Loss) for the Period
63.4%
Total assets
13.4%
Total equity
10.46%
Operating Profit Margin (ROS)
1.97%
Net Profit Margin
0.79%
Return on Equity (ROE)
3.45%
Debt to Equity Ratio
-0.01%
Quick Ratio
-1%
Cash Ratio
-1.09%

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