MIRA
INFORM REPORT
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Report Date : |
6th
November 2006 |
IDENTIFICATION
DETAILS
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Name : |
KAP
TRADING CO. LTD. |
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Registered Office : |
35-2, Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea |
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Country : |
Korea |
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Financials (as on) : |
31/12/2005 |
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Date of Incorporation : |
07/12/2004 |
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Legal Form : |
Co., Ltd by shares |
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Line of Business : |
Engaged in the business of metals and related raw
materials |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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Status : |
Moderate
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Payment Behaviour : |
Usually
Correct |
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Litigation : |
Clear |
Ⅰ.
Basic Information
Basic
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Company Name |
KAP
Trading Co. Ltd. |
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Address |
35-2, Yeouido-dong,
Yeongdeungpo-gu, Seoul, Korea |
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Building |
Rm. 1009, Baiksang Bldg. |
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Zip Code |
150-885 |
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Tel |
+82-2-780-8075 |
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Fax |
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E-mail |
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Website |
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Other Address |
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Tel |
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Fax |
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Type |
Import/Export |
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Industry |
Metals and related raw materials |
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Main
Business |
Metals, Non-Ferrous Metal |
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Sub
Business |
Chemicals |
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Established |
07/12/2004 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Metal and related materials |
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Sell |
Non-Ferrous Metals |
Others
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Name |
Hwang Jong-Sik |
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Address |
Jangam
Dong-a Apt., 20, Jangam-dong, Uijeongbu-si, Gyeonggi-do 480-767 Korea |
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Date of Birth |
05/09/1959 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
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Capital |
200,000,000 KRW |
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Employees |
Less than 5 |
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Formation |
Co., Ltd by shares |
Ⅱ. Detailed Information
Management
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Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Day |
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President & CEO |
Mr. |
Hwang Jong-Sik |
Male |
Korean |
07/12/2004 |
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Director |
Mr. |
Hyun
Jong-Bae |
Male |
Korean |
07/12/2004 |
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Auditor |
Mr. |
Kim
Sung-Jae |
Male |
Korean |
07/12/2004 |
Financials
Unit: KRW
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Year |
Sales |
Assets |
Net income |
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2005 |
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2004 |
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2003 |
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2002 |
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Financial Description
Unit: KRW
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Authorized
Capital |
400,000,000 |
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Paid-Up
Capital |
200,000,000 |
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Total Issues Shares |
200,000 |
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Balance
Sheet Unit : Million Korean Won |
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As of
12/31/2005 |
As of
12/31/2004 |
As of
12/31/2003 |
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Total Assets |
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Current Assets |
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-Quick
Assets |
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-Inventories |
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Fixed
Assets |
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-Investment |
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-Tangibles |
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-Intangibles |
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Total Liabilities |
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Current Liabilities |
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Fixed Liabilities |
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Capital Stock |
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Capital Surplus |
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Profit Surplus |
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Capital Adjustment |
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Total Equity |
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Liab. & Shareholder’s Equity |
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Income Statement Unit : Million Korean
Won |
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As of
12/31/2005 |
As of 12/31/2004 |
As of
12/31/2003 |
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Sales |
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Cost of Sold Goods |
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Gross Profit |
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Selling
& Admin. Expenses |
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Operating Income |
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Non-Operating Income |
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Non-Operating expenses |
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Ordinary Income |
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Special Income |
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Income Before Taxes |
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Income Taxes Expenses |
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Net Income |
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Bank Details |
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Corporate Registered
No. |
110111-3047960 |
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Business Registered
No. |
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Permit &
Licenses |
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Shareholder
Position |
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Company History |
07/12/2004
Established 10/06/2005
Increased capital to 200,000,000 KRW |
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Products, Technologies, Services
Description
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Main
Products & Services |
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Detailed
Products Spec. |
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Technologies
Acquired |
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Organization Structure
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Suppliers |
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Customers |
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Competitors |
Dongbu Chemical POSCO INI Steel Changwon Steel Choeun International Dongil Industries BS Metal Sammi Corporation |
Related Parties (Subsidiaries,
Joint-Venture & Affiliates)
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Affiliates |
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Overseas Office |
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Liaison Office |
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Overseas Branch |
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Join Venture |
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Subsidiary |
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Corporate Ownership |
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Major Shareholders |
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Cooperative Enterprise |
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Sales by
Region (Activity &
Markets)
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Sales/ Unit :Mil KRW |
2005 |
2004 |
2003 |
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Export |
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Domestic |
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Total |
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Court
Action
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Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
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News
Clipping
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
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56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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