<![CDATA[
<p>당사가 영위하는 사업은 포괄적 산업분류에 의하면 콘크리트 사업부는 비금속광물제품제조, 스틸 사업부는 전문건설업에 속해 있습니다. 콘크리트
사업부는 비금속광물제품제조로 산업 분류되어 있으나, 건설업 중 전문건설업, 비계구조물해체 공사업의 주자재를 납품하는 업으로 건설업에 영향을
받습니다.</p><p><br></p><p>주요 매출 현황<br><br>
</p><table width="639" class="nb">
<colgroup>
<col width="639"></colgroup>
<tbody>
<tr>
<td width="639" height="21" align="right">(단위 : 백만원)</td></tr></tbody></table><p>
<br></p><table width="744" border="1">
<colgroup>
<col width="78">
<col width="138">
<col width="53">
<col width="84">
<col width="71">
<col width="84">
<col width="76">
<col width="84">
<col width="76"></colgroup>
<thead>
<tr>
<th width="78" height="73" align="center" rowspan="2">
<p>매출유형</p></th>
<th width="191" height="73" align="center" rowspan="2" colspan="2">
<p>품 목</p></th>
<th width="155" height="43" align="center" colspan="2">
<p>2015연도</p>
<p>(제50기)</p></th>
<th width="160" height="43" align="center" colspan="2">
<p>2014연도</p>
<p>(제49기)</p></th>
<th width="160" height="43" align="center" colspan="2">
<p>2013연도</p>
<p>(제48기)</p></th></tr>
<tr>
<th width="84" height="20" align="center">
<p>수량</p></th>
<th width="71" height="20" align="center">
<p>금액</p></th>
<th width="84" height="20" align="center">
<p>수량</p></th>
<th width="76" height="20" align="center">
<p>금액</p></th>
<th width="84" height="20" align="center">
<p>수량</p></th>
<th width="76" height="20" align="center">
<p>금액</p></th></tr></thead>
<tbody>
<tr>
<td width="78" height="140" align="center" rowspan="5">
<p>제품</p></td>
<td width="138" height="80" align="center" rowspan="3">
<p>PHC 파일</p></td>
<td width="53" height="20" align="center">
<p>수 출</p></td>
<td width="84" height="20" align="right">-</td>
<td width="71" height="20" align="right">-</td>
<td width="84" height="20" align="right">
<p>-</p></td>
<td width="76" height="20" align="right">
<p>-</p></td>
<td width="84" height="20" align="right">
<p>5,004</p></td>
<td width="76" height="20" align="right">
<p>625</p></td></tr>
<tr>
<td width="53" height="20" align="center">
<p>내 수</p></td>
<td width="84" height="20" align="right">1,334,786</td>
<td width="71" height="20" align="right">175,525</td>
<td width="84" height="20" align="right">
<p>1,113,830</p></td>
<td width="76" height="20" align="right">
<p>147,749</p></td>
<td width="84" height="20" align="right">
<p>1,001,105</p></td>
<td width="76" height="20" align="right">
<p>136,624</p></td></tr>
<tr>
<td width="53" height="20" align="center">
<p>소 계</p></td>
<td width="84" height="20" align="right"><span>1,334,786</span><br></td>
<td width="71" height="20" align="right"><span>175,525</span><br></td>
<td width="84" height="20" align="right">
<p>1,113,830</p></td>
<td width="76" height="20" align="right">
<p>147,749</p></td>
<td width="84" height="20" align="right">
<p>1,006,109</p></td>
<td width="76" height="20" align="right">
<p>137,249</p></td></tr>
<tr>
<td width="138" height="50" align="center" rowspan="2">
<p>골 재</p></td>
<td width="53" height="20" align="center">
<p>내 수</p></td>
<td width="84" height="20" align="right">780,337</td>
<td width="71" height="20" align="right">2,147</td>
<td width="84" height="20" align="right">670,814</td>
<td width="76" height="20" align="right">
<p>2,122</p></td>
<td width="84" height="20" align="right">
<p>782,204</p></td>
<td width="76" height="20" align="right">
<p>3,250</p></td></tr>
<tr>
<td width="53" height="20" align="center">
<p>소 계</p></td>
<td width="84" height="20" align="right"><span>780,337</span><br></td>
<td width="71" height="20" align="right"><span>2,147</span><br></td>
<td width="84" height="20" align="right"><span>670,814</span><br></td>
<td width="76" height="20" align="right">
<p>2,122</p></td>
<td width="84" height="20" align="right">782,204</td>
<td width="76" height="20" align="right">
<p>3,250</p></td></tr>
<tr>
<td width="78" height="80" align="center" rowspan="3">
<p>용역</p></td>
<td width="138" height="80" align="center" rowspan="3">
<p>강교 제작 및 설치</p></td>
<td width="53" height="20" align="center">
<p>수 출</p></td>
<td width="84" height="20" align="right"><br></td>
<td width="71" height="20" align="right"><br></td>
<td width="84" height="20" align="right">
<p>-</p></td>
<td width="76" height="20" align="right">
<p>-</p></td>
<td width="84" height="20" align="right">
<p>-</p></td>
<td width="76" height="20" align="right">
<p>-</p></td></tr>
<tr>
<td width="53" height="20" align="center">
<p>내 수</p></td>
<td width="84" height="20" align="right">61,718</td>
<td width="71" height="20" align="right">117,780</td>
<td width="84" height="20" align="right">
<p>47,347 </p></td>
<td width="76" height="20" align="right">
<p>108,041 </p></td>
<td width="84" height="20" align="right">
<p>51,226 </p></td>
<td width="76" height="20" align="right">
<p>114,502 </p></td></tr>
<tr>
<td width="53" height="20" align="center">
<p>소 계</p></td>
<td width="84" height="20" align="right"><span>61,718</span><br></td>
<td width="71" height="20" align="right">117,780</td>
<td width="84" height="20" align="right">
<p>47,347 </p></td>
<td width="76" height="20" align="right">
<p>108,041 </p></td>
<td width="84" height="20" align="right">
<p>51,226</p></td>
<td width="76" height="20" align="right">
<p>114,502 </p></td></tr>
<tr>
<td width="216" height="80" align="center" rowspan="3" colspan="2">
<p>합 계</p></td>
<td width="53" height="20" align="center">
<p>수 출</p></td>
<td width="84" height="20" align="right">-</td>
<td width="71" height="20" align="right">-</td>
<td width="84" height="20" align="right">
<p>-</p></td>
<td width="76" height="20" align="right">
<p>-</p></td>
<td width="84" height="20" align="right">
<p>5,004</p></td>
<td width="76" height="20" align="right">
<p>625</p></td></tr>
<tr>
<td width="53" height="20" align="center">
<p>내 수</p></td>
<td width="84" height="20" align="right"><br></td>
<td width="71" height="20" align="right"><span>295,452</span><br></td>
<td width="84" height="20" align="right">
<p> </p></td>
<td width="76" height="20" align="right">
<p>257,906</p></td>
<td width="84" height="20" align="right">
<p> </p></td>
<td width="76" height="20" align="right">
<p>254,376</p></td></tr>
<tr>
<td width="53" height="20" align="center">
<p>합 계</p></td>
<td width="84" height="20" align="right"><br></td>
<td width="71" height="20" align="right">295,452</td>
<td width="84" height="20" align="right">
<p> </p></td>
<td width="76" height="20" align="right">
<p>257,906</p></td>
<td width="84" height="20" align="right">
<p> </p></td>
<td width="76" height="20" align="right">
<p>255,001</p></td></tr></tbody></table><p>
<br></p><p>(*) 수량 단위 : PHC파일(톤), 골재(㎥), 강교(톤)</p><p><br></p><table width="445" class="nb">
<tbody><tr>
<td width="445" height="20" align="center" colspan="2">
<p>[당사 사업부별 시장점유율]</p></td></tr>
<tr>
<td width="219" height="245" valign="top">
<table width="210" border="1">
<colgroup>
<col width="124">
<col width="86"></colgroup>
<thead>
<tr>
<th width="210" height="20" align="center" colspan="2">콘크리트 사업부</th></tr>
<tr>
<th width="124" height="20">
<p>회사명</p></th>
<th width="86" height="20">
<p>시장점유율</p></th></tr></thead>
<tbody>
<tr>
<td width="124" height="20">
<p>대림C&S</p></td>
<td width="86" height="20">
<p>18.4%</p></td></tr>
<tr>
<td width="124" height="20">
<p>IS동서</p></td>
<td width="86" height="20">
<p>18.4%</p></td></tr>
<tr>
<td width="124" height="20">
<p>동양파일</p></td>
<td width="86" height="20">
<p>13.0%</p></td></tr>
<tr>
<td width="124" height="20">
<p>삼부건설공업</p></td>
<td width="86" height="20">
<p>6.0%</p></td></tr>
<tr>
<td width="124" height="20">
<p>아주산업</p></td>
<td width="86" height="20">
<p>6.1%</p></td></tr>
<tr>
<td width="124" height="20">
<p>기타</p></td>
<td width="86" height="20">
<p>38.1%</p></td></tr></tbody></table><br></td>
<td width="226" height="245" valign="top">
<table width="208" border="1">
<colgroup>
<col width="123">
<col width="85"></colgroup>
<thead>
<tr>
<th width="208" height="20" align="center" colspan="2">
<p>스틸사업부</p></th></tr>
<tr>
<th width="123" height="20">
<p>회사명</p></th>
<th width="85" height="20">
<p>시장점유율</p></th></tr></thead>
<tbody>
<tr>
<td width="123" height="20">
<p>대림C&S</p></td>
<td width="85" height="20">
<p>31.9%</p></td></tr>
<tr>
<td width="123" height="20">
<p>현대스틸</p></td>
<td width="85" height="20">
<p>14.1%</p></td></tr>
<tr>
<td width="123" height="20">
<p>대우에스티</p></td>
<td width="85" height="20">
<p>11.7%</p></td></tr>
<tr>
<td width="123" height="20">
<p>영창중공업</p></td>
<td width="85" height="20">
<p>6.7%</p></td></tr>
<tr>
<td width="123" height="20">
<p>흥화</p></td>
<td width="85" height="20">
<p>15.1%</p></td></tr>
<tr>
<td width="123" height="20">
<p>기타</p></td>
<td width="85" height="20">
<p>20.5%</p></td></tr></tbody></table><br></td></tr>
<tr>
<td width="445" height="20" valign="top" colspan="2">(출처: 2014년 말 기준 회사추정자료)</td></tr></tbody></table><p><br></p><p><br></p><table width="639" class="nb"><tbody>
<tr>
<td width="639" height="20" align="center">[주요 화공플랜트 업체 현황]</td></tr>
<tr>
<td width="639" height="20" align="right">(단위: 억원, 톤, %, 명)</td></tr></tbody></table><p>
<br></p><table width="629" border="1">
<colgroup>
<col width="108">
<col width="63">
<col width="78">
<col width="85">
<col width="63">
<col width="63">
<col width="169"></colgroup>
<thead>
<tr>
<th width="108" height="20" align="center">
<p>회사</p></th>
<th width="63" height="20" align="center">
<p>매출액</p></th>
<th width="78" height="20" align="center">
<p>영업이익</p></th>
<th width="85" height="20" align="center">
<p>Capa(ton)</p></th>
<th width="63" height="20" align="center">
<p>가동률</p></th>
<th width="63" height="20" align="center">
<p>총인원</p></th>
<th width="169" height="20" align="center">
<p>기타</p></th></tr></thead>
<tbody>
<tr>
<td width="108" height="43" align="center">GS엔텍</td>
<td width="63" height="43" align="right">
<p>3,211 </p></td>
<td width="78" height="43" align="right">
<p>20 </p></td>
<td width="85" height="43" align="right">
<p>44,812 </p></td>
<td width="63" height="43" align="right">
<p>65.4%</p></td>
<td width="63" height="43" align="right">
<p>621 </p></td>
<td width="169" height="43" align="center">
<p>화공:에너지</p>
<p>= 60:40</p></td></tr>
<tr>
<td width="108" height="43" align="center">대경기계기술</td>
<td width="63" height="43" align="right">
<p>2,735 </p></td>
<td width="78" height="43" align="right">
<p>24 </p></td>
<td width="85" height="43" align="right">
<p>34,380 </p></td>
<td width="63" height="43" align="right">
<p>95.9%</p></td>
<td width="63" height="43" align="right">
<p>543 </p></td>
<td width="169" height="43" align="center">
<p>화공:에너지</p>
<p>= 64:36</p></td></tr>
<tr>
<td width="108" height="43" align="center">티에스엠텍</td>
<td width="63" height="43" align="right">
<p>2,361 </p></td>
<td width="78" height="43" align="right">
<p>(192)</p></td>
<td width="85" height="43" align="right">
<p>-</p></td>
<td width="63" height="43" align="right">
<p>-</p></td>
<td width="63" height="43" align="right">
<p>332 </p></td>
<td width="169" height="43" align="center">
<p>장비:부품</p>
<p>= 80:20</p></td></tr>
<tr>
<td width="108" height="20" align="center">알펙</td>
<td width="63" height="20" align="right">
<p>485 </p></td>
<td width="78" height="20" align="right">
<p>(229)</p></td>
<td width="85" height="20" align="right">
<p>-</p></td>
<td width="63" height="20" align="right">
<p>-</p></td>
<td width="63" height="20" align="right">
<p>93 </p></td>
<td width="169" height="20" align="center">
<p>화공 100%</p></td></tr>
<tr>
<td width="108" height="20" align="center">세월셀론텍</td>
<td width="63" height="20" align="right">
<p>2,014 </p></td>
<td width="78" height="20" align="right">
<p>(121)</p></td>
<td width="85" height="20" align="right">
<p>30,000 </p></td>
<td width="63" height="20" align="right">
<p>51.6%</p></td>
<td width="63" height="20" align="right">
<p>530 </p></td>
<td width="169" height="20" align="center">
<p>PE:MS:RMS = 84:6:10</p></td></tr>
<tr>
<td width="108" height="43" align="center">후성한텍</td>
<td width="63" height="43" align="right">
<p>1,534 </p></td>
<td width="78" height="43" align="right">
<p>(70)</p></td>
<td width="85" height="43" align="right">
<p>-</p></td>
<td width="63" height="43" align="right">
<p>-</p></td>
<td width="63" height="43" align="right">
<p>192 </p></td>
<td width="169" height="43" align="center">
<p>화공:탱크</p>
<p>= 96:4</p></td></tr>
<tr>
<td width="108" height="20" align="center">우양에이치씨</td>
<td width="63" height="20" align="right">
<p>1,697 </p></td>
<td width="78" height="20" align="right">
<p>131 </p></td>
<td width="85" height="20" align="right">
<p>35,438</p></td>
<td width="63" height="20" align="right">
<p>-</p></td>
<td width="63" height="20" align="right">
<p>339 </p></td>
<td width="169" height="20" align="center">
<p>화공 100%</p></td></tr>
<tr>
<td width="108" height="43" align="center">두산메카텍</td>
<td width="63" height="43" align="right">
<p>4,540 </p></td>
<td width="78" height="43" align="right">
<p>104 </p></td>
<td width="85" height="43" align="right">
<p>56,360 </p></td>
<td width="63" height="43" align="right">
<p>61.1%</p></td>
<td width="63" height="43" align="right">
<p>393 </p></td>
<td width="169" height="43" align="center">
<p>두산건설中 </p>
<p>메카텍BG</p></td></tr>
<tr>
<td width="108" height="43" align="center">포스코플랜텍</td>
<td width="63" height="43" align="right">
<p>6,186 </p></td>
<td width="78" height="43" align="right">
<p>(1,884)</p></td>
<td width="85" height="43" align="right">
<p>-</p></td>
<td width="63" height="43" align="right">
<p>-</p></td>
<td width="63" height="43" align="right">
<p>1,096 </p></td>
<td width="169" height="43" align="center">
<p>ENG:플랜트</p>
<p>= 63:37</p></td></tr></tbody></table><p>
<br></p><p>출처: 각사 공시자료 등 (2014년 기준)</p><p><br></p><table width="627" class="nb"><tbody>
<tr>
<td width="627" height="20" align="center">[유통제한물량 및 유통가능물량] </td></tr>
<tr>
<td width="627" height="20" align="right">(단위 : 주, %)</td></tr></tbody></table><p>
<br></p><table width="629" border="1">
<colgroup>
<col width="113">
<col width="93">
<col width="123">
<col width="113">
<col width="74">
<col width="113"></colgroup>
<thead>
<tr>
<th width="113" height="20" align="center">유통가능여부 </th>
<th width="216" height="20" align="center" colspan="2">구분 </th>
<th width="113" height="20" align="center">공모후 주식수</th>
<th width="74" height="20" align="center">지분율</th>
<th width="113" height="20" align="center">보호예수기간</th></tr></thead>
<tbody>
<tr>
<td width="113" height="223" rowspan="7">유통제한물량</td>
<td width="93" height="140" rowspan="5">최대주주등</td>
<td width="123" height="20">대림산업</td>
<td width="113" height="20" align="right">6,468,876</td>
<td width="74" height="20" align="right">50.8</td>
<td width="113" height="110" align="center" rowspan="4">상장일로부터<br>6개월 간</td></tr>
<tr>
<td width="123" height="20">이부용</td>
<td width="113" height="20" align="right">994,810</td>
<td width="74" height="20" align="right">7.8</td></tr>
<tr>
<td width="123" height="20">이준용</td>
<td width="113" height="20" align="right">294,840</td>
<td width="74" height="20" align="right">2.3</td></tr>
<tr>
<td width="123" height="20">대림코퍼레이션</td>
<td width="113" height="20" align="right">200,815</td>
<td width="74" height="20" align="right">1.6</td></tr>
<tr>
<td width="123" height="20">계</td>
<td width="113" height="20" align="right">7,959,341</td>
<td width="74" height="20" align="right">62.5</td>
<td width="113" height="20" align="center">-</td></tr>
<tr>
<td width="216" height="43" colspan="2">우리사주조합<br>(공모배정분)</td>
<td width="113" height="43" align="right">891,236</td>
<td width="74" height="43" align="right"> 7.0</td>
<td width="113" height="43" align="center">상장일로부터 <br>1년 간</td></tr>
<tr>
<td width="216" height="20" colspan="2">유통제한물량 소계</td>
<td width="113" height="20" align="right">8,850,577</td>
<td width="74" height="20" align="right" style="color: rgb(255, 20, 24);"><span style="color: rgb(0, 0, 0);">69.5</span><br></td>
<td width="113" height="20" align="center">-</td></tr>
<tr>
<td width="113" height="80" rowspan="3">유통가능물량</td>
<td width="216" height="20" colspan="2">공모주주</td>
<td width="113" height="20" align="right">3,564,945</td>
<td width="74" height="20" align="right">28.0</td>
<td width="113" height="20" align="center">-</td></tr>
<tr>
<td width="216" height="20" colspan="2">기존주주</td>
<td width="113" height="20" align="right">316,425</td>
<td width="74" height="20" align="right">2.5</td>
<td width="113" height="20" align="center">-</td></tr>
<tr>
<td width="216" height="20" colspan="2">유통가능물량 소계</td>
<td width="113" height="20" align="right">3,881,370</td>
<td width="74" height="20" align="right">30.5</td>
<td width="113" height="20" align="center"><br></td></tr>
<tr>
<td width="329" height="20" colspan="3">합 계</td>
<td width="113" height="20" align="right">12,731,947</td>
<td width="74" height="20" align="right">100.00</td>
<td width="113" height="20" align="center">-</td></tr></tbody></table><p><br></p><p> 요약재무정보
</p><table width="600" class="nb">
<colgroup>
<col width="600"></colgroup>
<tbody>
<tr>
<td width="600" height="20" align="right">(단위: 백만원)</td></tr></tbody></table><p>
<br></p><table width="614" border="1">
<colgroup>
<col width="227">
<col width="129">
<col width="129">
<col width="129"></colgroup>
<tbody>
<tr>
<td width="227" height="20" style="background-color: rgb(214, 212, 202);"><br></td>
<td width="129" height="20" align="center" style="background-color: rgb(214, 212, 202);">제50기</td>
<td width="129" height="20" align="center" style="background-color: rgb(214, 212, 202);">제49기</td>
<td width="129" height="20" align="center" style="background-color: rgb(214, 212, 202);">제48기</td></tr>
<tr>
<td width="227" height="20"><br></td>
<td width="129" height="20" align="center"><span>(2015년
</span><span>12월말</span><span>)</span><br></td>
<td width="129" height="20" align="center">(2014년 12월말)</td>
<td width="129" height="20" align="center">(2013년 12월말)</td></tr>
<tr>
<td width="227" height="20">회계처리기준 </td>
<td width="129" height="20" align="center">K-IFRS </td>
<td width="129" height="20" align="center">K-IFRS</td>
<td width="129" height="20" align="center">K-IFRS</td></tr>
<tr>
<td width="227" height="20">자산총계 </td>
<td width="129" height="20" align="right">338,550</td>
<td width="129" height="20" align="right">304,966</td>
<td width="129" height="20" align="right">323,496</td></tr>
<tr>
<td width="227" height="20"> 유동자산 </td>
<td width="129" height="20" align="right">126,700</td>
<td width="129" height="20" align="right">89,518</td>
<td width="129" height="20" align="right">93,576</td></tr>
<tr>
<td width="227" height="20"> 당좌자산</td>
<td width="129" height="20" align="right">101,635</td>
<td width="129" height="20" align="right">76,462</td>
<td width="129" height="20" align="right">72,371</td></tr>
<tr>
<td width="227" height="20"> 재고자산</td>
<td width="129" height="20" align="right">25,065</td>
<td width="129" height="20" align="right">13,056</td>
<td width="129" height="20" align="right">21,205</td></tr>
<tr>
<td width="227" height="20"> 비유동자산 </td>
<td width="129" height="20" align="right">211,850</td>
<td width="129" height="20" align="right">215,448</td>
<td width="129" height="20" align="right">229,920</td></tr>
<tr>
<td width="227" height="20"> 투자자산 </td>
<td width="129" height="20" align="right">8</td>
<td width="129" height="20" align="right">8</td>
<td width="129" height="20" align="right">11</td></tr>
<tr>
<td width="227" height="20"> 유형자산 </td>
<td width="129" height="20" align="right">182,668</td>
<td width="129" height="20" align="right">181,437</td>
<td width="129" height="20" align="right">191,276</td></tr>
<tr>
<td width="227" height="20"> 무형자산 </td>
<td width="129" height="20" align="right">1,599</td>
<td width="129" height="20" align="right">1,601</td>
<td width="129" height="20" align="right">1,634</td></tr>
<tr>
<td width="227" height="20"> 기타비유동자산 </td>
<td width="129" height="20" align="right">27,575</td>
<td width="129" height="20" align="right">32,402</td>
<td width="129" height="20" align="right">36,999</td></tr>
<tr>
<td width="227" height="20">부채총계 </td>
<td width="129" height="20" align="right">139,452</td>
<td width="129" height="20" align="right">131,930</td>
<td width="129" height="20" align="right">169,664</td></tr>
<tr>
<td width="227" height="20"> 유동부채 </td>
<td width="129" height="20" align="right">114,903</td>
<td width="129" height="20" align="right">94,192</td>
<td width="129" height="20" align="right">93,578</td></tr>
<tr>
<td width="227" height="20"> 비유동부채 </td>
<td width="129" height="20" align="right">24,549</td>
<td width="129" height="20" align="right">37,738</td>
<td width="129" height="20" align="right">76,086</td></tr>
<tr>
<td width="227" height="20">자본총계 </td>
<td width="129" height="20" align="right">199,098</td>
<td width="129" height="20" align="right">173,036</td>
<td width="129" height="20" align="right">153,832</td></tr>
<tr>
<td width="227" height="20"> 자본금 </td>
<td width="129" height="20" align="right">12,922</td>
<td width="129" height="20" align="right">12,922</td>
<td width="129" height="20" align="right">12,922</td></tr>
<tr>
<td width="227" height="20"> 자본잉여금 </td>
<td width="129" height="20" align="right">30,421</td>
<td width="129" height="20" align="right">30,421</td>
<td width="129" height="20" align="right">30,421</td></tr>
<tr>
<td width="227" height="20"> 기타포괄손익누계액 </td>
<td width="129" height="20" align="right">(8,551)</td>
<td width="129" height="20" align="right" style="color: rgb(22, 0, 255);"><span style="color: rgb(0, 0, 0);">(8,551) </span><br></td>
<td width="129" height="20" align="right" style="color: rgb(22, 0, 255);"><span style="color: rgb(0, 0, 0);">(8,551)</span><br></td></tr>
<tr>
<td width="227" height="20"> 이익잉여금 </td>
<td width="129" height="20" align="right">164,306</td>
<td width="129" height="20" align="right">138,244</td>
<td width="129" height="20" align="right">119,040</td></tr>
<tr>
<td width="227" height="43">
<p>종속·관계·공동기업<br>투자주식의 평가방법</p></td>
<td width="129" height="43" align="center">원가법</td>
<td width="129" height="43" align="center" style="color: rgb(22, 0, 255); font-weight: bold;"><span style="color: rgb(0, 0, 0); font-weight: normal;">원가법</span><br></td>
<td width="129" height="43" align="center" style="color: rgb(22, 0, 255); font-weight: bold;"><span style="color: rgb(0, 0, 0); font-weight: normal;">원가법</span><br></td></tr>
<tr>
<td width="227" height="43"><br></td>
<td width="129" height="43" align="center"><span>(2015.01.01~<br></span><span>2015.12.31</span><span>)</span><br></td>
<td width="129" height="43" align="center">(2014.01.01~<br>2014.12.31)</td>
<td width="129" height="43" align="center">(2013.01.01~<br>2013.12.31)</td></tr>
<tr>
<td width="227" height="20">매출액 </td>
<td width="129" height="20" align="right">295,452</td>
<td width="129" height="20" align="right">257,906</td>
<td width="129" height="20" align="right">255,001</td></tr>
<tr>
<td width="227" height="20">매출원가 </td>
<td width="129" height="20" align="right">214,985</td>
<td width="129" height="20" align="right">199,010</td>
<td width="129" height="20" align="right">199,280</td></tr>
<tr>
<td width="227" height="20">매출총이익 </td>
<td width="129" height="20" align="right">80,466</td>
<td width="129" height="20" align="right">58,896</td>
<td width="129" height="20" align="right">55,721</td></tr>
<tr>
<td width="227" height="20">영업이익 </td>
<td width="129" height="20" align="right">54,190</td>
<td width="129" height="20" align="right">33,660</td>
<td width="129" height="20" align="right">31,916</td></tr>
<tr>
<td width="227" height="20">법인세비용차감전계속사업이익</td>
<td width="129" height="20" align="right">48,143</td>
<td width="129" height="20" align="right">25,210</td>
<td width="129" height="20" align="right">22,271</td></tr>
<tr>
<td width="227" height="20">중단사업손익 </td>
<td width="129" height="20" align="right">-</td>
<td width="129" height="20" align="right">-</td>
<td width="129" height="20" align="right">-</td></tr>
<tr>
<td width="227" height="20">당기순이익 </td>
<td width="129" height="20" align="right">36,352</td>
<td width="129" height="20" align="right">19,318</td>
<td width="129" height="20" align="right">16,400</td></tr>
<tr>
<td width="227" height="20">영업활동으로 인한 현금흐름 </td>
<td width="129" height="20" align="right">50,796</td>
<td width="129" height="20" align="right">11,374</td>
<td width="129" height="20" align="right">18,907</td></tr></tbody></table><p><br></p><p><br>
</p><table width="656" border="1">
<colgroup>
<col width="59">
<col width="132">
<col width="149">
<col width="316"></colgroup>
<thead>
<tr>
<th width="59" height="43" align="center">선정<br>기준</th>
<th width="281" height="43" align="center" colspan="2">세부산업분류</th>
<th width="316" height="43" align="center">유사기업</th></tr></thead>
<tbody>
<tr>
<td width="59" height="211" align="center" rowspan="3">업종<br>유사성</td>
<td width="281" height="43" align="center" colspan="2">시멘트제조업<br>(C23311)</td>
<td width="316" height="43">쌍용양회, 한일시멘트, 성신양회, 현대시멘트,아세아시멘트, 유니온 등 6개사</td></tr>
<tr>
<td width="132" height="158" align="center" rowspan="2">
<p>(C23320) <br>콘크리트, 시멘트 및 플라스터 제품 제조업</p></td>
<td width="149" height="59" align="center">레미콘제조업<br>(C23322)</td>
<td width="316" height="59">동양, 부산산업, 티웨이홀딩스, 유진기업, <br>모헨즈, 홈센타, 서산 등 7개사</td></tr>
<tr>
<td width="149" height="89" align="center">콘크리트관 및 기타 구조용 콘크리트제품 제조업(C23325)</td>
<td width="316" height="89">아이에스동서 1개사</td></tr></tbody></table><p><br></p><p>유사회사 EV/EBITDA 산출<br><br>
</p><table width="707" class="nb">
<colgroup>
<col width="707"></colgroup>
<tbody>
<tr>
<td width="707" height="20" align="right">(단위: 천원, 주, 원, 배)</td></tr></tbody></table><p>
<br></p><table width="708" border="1">
<colgroup>
<col width="154">
<col width="139">
<col width="139">
<col width="138">
<col width="138"></colgroup>
<thead>
<tr>
<th width="154" height="20" align="center">구 분</th>
<th width="139" height="20" align="center">쌍용양회</th>
<th width="139" height="20" align="center">성신양회</th>
<th width="138" height="20" align="center">유진기업</th>
<th width="138" height="20" align="center">아이에스동서</th></tr></thead>
<tbody>
<tr>
<td width="154" height="20">시가총액(A)</td>
<td width="139" height="20" align="right">1,188,879,810 </td>
<td width="139" height="20" align="right">182,613,474 </td>
<td width="138" height="20" align="right"> 284,160,000 </td>
<td width="138" height="20" align="right">1,006,268,424 </td></tr>
<tr>
<td width="154" height="20">순부채(B)</td>
<td width="139" height="20" align="right">996,586,327</td>
<td width="139" height="20" align="right">468,464,402</td>
<td width="138" height="20" align="right">400,515,304</td>
<td width="138" height="20" align="right">442,255,381</td></tr>
<tr>
<td width="154" height="20">EV(C=A+B)</td>
<td width="139" height="20" align="right">2,185,466,137 </td>
<td width="139" height="20" align="right"> 651,077,876</td>
<td width="138" height="20" align="right"> 684,675,304</td>
<td width="138" height="20" align="right">1,448,523,805 </td></tr>
<tr>
<td width="154" height="20">EBITDA</td>
<td width="139" height="20" align="right">322,760,188</td>
<td width="139" height="20" align="right">97,017,443</td>
<td width="138" height="20" align="right">74,127,627</td>
<td width="138" height="20" align="right">214,364,748</td></tr>
<tr>
<td width="154" height="20">EV/EBITDA</td>
<td width="139" height="20" align="right">6.77 </td>
<td width="139" height="20" align="right"> 6.71 </td>
<td width="138" height="20" align="right"> 9.24 </td>
<td width="138" height="20" align="right"> 6.76 </td></tr>
<tr>
<td width="154" height="20">평균 EV/EBITDA</td>
<td width="554" height="20" align="center" colspan="4">7.37</td></tr></tbody></table><p>
<br></p><table width="712" class="nb">
<colgroup>
<col width="62">
<col width="650"></colgroup>
<tbody>
<tr>
<td width="62" height="20" valign="top">*주1)</td>
<td width="650" height="20" valign="top">시가총액은 보통주와 우선주를 포함한 수치이며, 시가가 없는 우선주는 액면가를
기준으로 산정</td></tr>
<tr>
<td width="62" height="66" valign="top">*주2)</td>
<td width="650" height="66" valign="top">순부채는 이자지급성
부채(사채+장기차입금+장기금융부채+단기사채+단기차입금+유동성장기부채+단기금융부채) - 현금성자산(단기금융자산+현금및현금성자산)로 산정하였으며,
'15년 3분기말 수치 기준임</td></tr>
<tr>
<td width="62" height="66" valign="top">*주3)</td>
<td width="650" height="66" valign="top">EBITDA는
법인세비용차감전계속사업이익+기타영업비용이자비용+금융비용이자비용-기타영업수익이자수익-금융수익이자수익+유형자산감가상각비+개발비상각+기타무형자산상각비로
산정하였으며, '15년 3분기 연환산 수치 기준임</td></tr></tbody></table><p>
<br></p><p><br></p><p>
<br></p><p>2) EV/EBITDA를 적용한 상대가치 산출 결과</p><p>
<br></p><table width="610" class="nb">
<colgroup>
<col width="610"></colgroup>
<tbody>
<tr>
<td width="610" height="20" align="right">(단위: 천원, 배, 주, 원)</td></tr></tbody></table><p>
<br></p><table width="606" border="1">
<colgroup>
<col width="236">
<col width="235">
<col width="135"></colgroup>
<thead>
<tr>
<th width="236" height="20" align="center">구분</th>
<th width="235" height="20" align="center">대림씨엔에스</th>
<th width="135" height="20" align="center">비고</th></tr></thead>
<tbody>
<tr>
<td width="236" height="20">2015년 EBITDA</td>
<td width="235" height="20" align="right">60,908,893,466</td>
<td width="135" height="20" align="center">주1)</td></tr>
<tr>
<td width="236" height="20">적용 EV/EBITDA 배수</td>
<td width="235" height="20" align="right">7.37배</td>
<td width="135" height="20" align="center">-</td></tr>
<tr>
<td width="236" height="20">예상 EV</td>
<td width="235" height="20" align="right">448,898,544,844</td>
<td width="135" height="20" align="center">-</td></tr>
<tr>
<td width="236" height="20">순차입금</td>
<td width="235" height="20" align="right">33,474,381,552</td>
<td width="135" height="20" align="center">주2)</td></tr>
<tr>
<td width="236" height="20">평가총액</td>
<td width="235" height="20" align="right">415,424,163,292</td>
<td width="135" height="20" align="center">-</td></tr>
<tr>
<td width="236" height="20">기준주식수</td>
<td width="235" height="20" align="right">12,731,947</td>
<td width="135" height="20" align="center">-</td></tr>
<tr>
<td width="236" height="20">주당 평가가액</td>
<td width="235" height="20" align="right">32,628</td>
<td width="135" height="20" align="center">-</td></tr></tbody></table><p>
<br></p><table width="610" class="nb">
<colgroup>
<col width="48">
<col width="562"></colgroup>
<tbody>
<tr>
<td width="48" height="66" valign="top">주1)</td>
<td width="562" height="66" valign="top">EBITDA =
법인세비용차감전계속사업이익+기타영업비용이자비용+금융비용이자비용-기타영업수익이자수익-금융수익이자수익+유형자산감가상각비+개발비상각+기타무형자산상각비</td></tr>
<tr>
<td width="48" height="43" valign="top">주2)</td>
<td width="562" height="43" valign="top">순부채 = 이자지급성
부채(사채+장기차입금+장기금융부채+단기사채+단기차입금+유동성장기부채+단기금융부채) -
현금성자산(단기금융자산+현금및현금성자산)</td></tr></tbody></table><p>
<br></p><p><br></p><p>
<br></p><p>(나) 희망공모가액의 결정<br><br>상기 PER 상대가치 산출 결과를 적용한 대림씨엔에스㈜의 희망공모가액은 아래와
같습니다.<br><br></p><p>
<br></p><table width="607" class="nb">
<colgroup>
<col width="607"></colgroup>
<tbody>
<tr>
<td width="607" height="20" align="right">(단위 : 원, %)</td></tr></tbody></table><p>
<br></p><table width="613" border="1">
<colgroup>
<col width="136">
<col width="177">
<col width="300"></colgroup>
<thead>
<tr>
<th width="136" height="20" align="center">구 분</th>
<th width="177" height="20" align="center">대림씨엔에스(주)</th>
<th width="300" height="20" align="center">비 고</th></tr></thead>
<tbody>
<tr>
<td width="136" height="20">주당 평가가액</td>
<td width="177" height="20" align="center">32,628</td>
<td width="300" height="20" align="center">-</td></tr>
<tr>
<td width="136" height="20">희망공모가액</td>
<td width="177" height="20" align="center">23,500원 ~ 27,700원</td>
<td width="300" height="20" align="center">15.10% ~ 27.98% 할인률 적용</td></tr>
<tr>
<td width="136" height="20">확정공모가액</td>
<td width="177" height="20" align="center" style="color: rgb(22, 0, 255); font-weight: bold;">27,700원</td>
<td width="300" height="20" align="center" style="color: rgb(22, 0, 255); font-weight: bold;">수요예측 결과 반영하여 결정</td></tr></tbody></table><p><br></p><table width="693" class="nb"><tbody>
<tr>
<td width="693" height="20" align="center">[2015년 3분기 기준]</td></tr>
<tr>
<td width="693" height="20" align="right">(단위 : %, 회)</td></tr></tbody></table><p>
<br></p><table width="690" border="1">
<colgroup>
<col width="63">
<col width="143">
<col width="121">
<col width="121">
<col width="121">
<col width="121"></colgroup>
<thead>
<tr>
<th width="63" height="43" align="center">구분</th>
<th width="143" height="43" align="center">세부항목</th>
<th width="121" height="43" align="center">쌍용양회</th>
<th width="121" height="43" align="center">성신양회</th>
<th width="121" height="43" align="center">유진기업</th>
<th width="121" height="43" align="center">아이에스동서</th></tr></thead>
<tbody>
<tr>
<td width="63" height="110" align="center" rowspan="4">수익성<br>비율</td>
<td width="143" height="20">매출액 영업이익율</td>
<td width="121" height="20" align="right" valign="top">10.98</td>
<td width="121" height="20" align="right" valign="top">7.36</td>
<td width="121" height="20" align="right" valign="top">5.76</td>
<td width="121" height="20" align="right" valign="top">11.66</td></tr>
<tr>
<td width="143" height="20">매출액 순이익율</td>
<td width="121" height="20" align="right" valign="top">8.50</td>
<td width="121" height="20" align="right" valign="top">3.27</td>
<td width="121" height="20" align="right" valign="top">3.27</td>
<td width="121" height="20" align="right" valign="top">12.16</td></tr>
<tr>
<td width="143" height="20">총자산 순이익율</td>
<td width="121" height="20" align="right" valign="top">4.33</td>
<td width="121" height="20" align="right" valign="top">1.46</td>
<td width="121" height="20" align="right" valign="top">1.54</td>
<td width="121" height="20" align="right" valign="top">5.76</td></tr>
<tr>
<td width="143" height="20">자기자본 순이익율</td>
<td width="121" height="20" align="right" valign="top">9.58</td>
<td width="121" height="20" align="right" valign="top">4.52</td>
<td width="121" height="20" align="right" valign="top">3.37</td>
<td width="121" height="20" align="right" valign="top">15.25</td></tr>
<tr>
<td width="63" height="80" align="center" rowspan="3">안정성<br>비율</td>
<td width="143" height="20">유동비율</td>
<td width="121" height="20" align="right" valign="top">47.21</td>
<td width="121" height="20" align="right" valign="top">70.96</td>
<td width="121" height="20" align="right" valign="top">72.54</td>
<td width="121" height="20" align="right" valign="top">155.52</td></tr>
<tr>
<td width="143" height="20">부채비율</td>
<td width="121" height="20" align="right" valign="top">109.45</td>
<td width="121" height="20" align="right" valign="top">196.84</td>
<td width="121" height="20" align="right" valign="top">125.86</td>
<td width="121" height="20" align="right" valign="top">165.83</td></tr>
<tr>
<td width="143" height="20">차입금의존도</td>
<td width="121" height="20" align="right" valign="top">34.76</td>
<td width="121" height="20" align="right" valign="top">43.95</td>
<td width="121" height="20" align="right" valign="top">36.15</td>
<td width="121" height="20" align="right" valign="top">39.12</td></tr>
<tr>
<td width="63" height="80" align="center" rowspan="3">성장성<br>비율</td>
<td width="143" height="20">매출액 증가율</td>
<td width="121" height="20" align="right" valign="top">0.27</td>
<td width="121" height="20" align="right" valign="top">6.50</td>
<td width="121" height="20" align="right" valign="top">13.73</td>
<td width="121" height="20" align="right" valign="top">8.82</td></tr>
<tr>
<td width="143" height="20">영업이익 증가율</td>
<td width="121" height="20" align="right" valign="top">37.04</td>
<td width="121" height="20" align="right" valign="top">8.23</td>
<td width="121" height="20" align="right" valign="top">59.57</td>
<td width="121" height="20" align="right" valign="top">26.64</td></tr>
<tr>
<td width="143" height="20">총자산 증가율</td>
<td width="121" height="20" align="right" valign="top">-1.45</td>
<td width="121" height="20" align="right" valign="top">-3.71</td>
<td width="121" height="20" align="right" valign="top">11.96</td>
<td width="121" height="20" align="right" valign="top">25.10</td></tr>
<tr>
<td width="63" height="50" align="center" rowspan="2">활동성<br>비율</td>
<td width="143" height="20">매출채권 회전율</td>
<td width="121" height="20" align="right" valign="top">6.24</td>
<td width="121" height="20" align="right">2.80</td>
<td width="121" height="20" align="right">4.90</td>
<td width="121" height="20" align="right">12.13</td></tr>
<tr>
<td width="143" height="20">재고자산 회전율</td>
<td width="121" height="20" align="right" valign="top">15.76</td>
<td width="121" height="20" align="right">11.81</td>
<td width="121" height="20" align="right">130.58</td>
<td width="121" height="20" align="right">2.18</td></tr></tbody></table><p>
<br></p><table width="688" class="nb">
<colgroup>
<col width="688"></colgroup>
<tbody>
<tr>
<td width="688" height="43">(*1) 자료: 각 사 2015년 3분기 연결 재무제표<br>(*2) 성장성비율은 2015년 3분기
연환산 수치를 2014년 수치와 비교</td></tr></tbody></table><p><br></p>
<!-- -->
]]>
카페 게시글
공모종목 자료
대림씨엔에스
공사모
추천 0
조회 1,267
16.03.20 16:06
댓글 0
다음검색
