MIRA INFORM REPORT

 

 

Report Date :

17.11.2006

 

IDENTIFICATION DETAILS

 

Name :

C.S.T. GLOBAL CO., LTD.

 

 

Registered Office :

5th Fl., Seu Bldg., 4-14, Ogeum-dong, Songpa-gu, Seoul- 138855

 

 

Country :

Korea

 

 

Date of Incorporation :

12.05.2003

 

 

Legal Form :

Company Limited by Shares

 

 

Line of Business :

Wholesale of Spun Fibers and Yarns.

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

 

Status :

Small Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 


Basic

 

Company Name

C.S.T. GLOBAL CO., LTD.

Address

4-14, Ogeum-dong, Songpa-gu, SEOUL, KOREA

Building

5th Fl., Seu Bldg.

Zip Code

138-855

Tel

+82-2-3401-9486

Fax

+82-2-3401-9953

Type

Export/Import

Industry

Wholesale of Other Machinery and Equipment n.e.c.

  Main Business

Used Textile Machine, Plastic Machine, Cotton Yarn, Fabrics

  Sub Business

Wholesale of Spun Fibers and Yarns

Established

12/05/2003

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Textile processing machinery and accessories(23121500)

Sell

Used Textile Machinery

 

 

Others

 

Name

Shin Dong-Yeoul

Address

90-83, Sillim-dong, Gwanak-gu, Seoul 151-010 Korea

Title

President & CEO

Sex

Male

Nationality

Korean

Capital

50,000,000 KRW

Employees

2

Formation

Co., Ltd by shares

 

The subject deals with the companies in India and Turkey.

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

President & CEO

Mr.

Shin Dong-Yeoul

Male

Korean

03/07/2005

Director

Mr.

Park Yong-Sam

Male

Korean

03/07/2005

Director

M/S

Park Myung-Seo

Female

Korean

03/07/2005

Auditor

M/S

Nam Hyun-Jeong

Female

Korean

11/12/2004

 


Financials                                                

 

                                                                                                                                            Unit: KRW

Year

Sales

Assets

Net income

2004

1,200,00,000

 

 

2003

45,000,000

 

 

 

The latest financial is not available.

 

 

Financial Description                            

 

                                                                                                                                                Unit: KRW

Authorized Capital

200,000,000

Paid-Up Capital

50,000,000

Total Issues Shares

10,000

 

Balance Sheet                           Unit : Million Korean Won

 

As of 12/31/2005

As of 12/31/2004

As of 12/31/2003

Total Assets

 

 

60

Current Assets

 

 

53

-Quick Assets

 

 

53

-Inventories

 

 

 

Fixed Assets

 

 

7

-Investment

 

 

7

-Tangibles

 

 

 

-Intangibles

 

 

 

Total Liabilities

 

 

2

Current Liabilities

 

 

2

Fixed Liabilities

 

 

 

Capital Stock

 

 

50

Capital Surplus

 

 

 

Profit Surplus

 

 

8

Capital Adjustment

 

 

 

Total Equity

 

 

58

Liab. & Shareholder’s Equity

 

 

60

 

    Income Statement                       Unit : Million Korean Won

 

As of 12/31/2005

As of 12/31/2004

As of 12/31/2003

Sales

 

 

45

Cost of Sold Goods

 

 

30

Gross Profit

 

 

15

Selling & Admin. Expenses

 

 

7

Operating Income

 

 

8

Non-Operating Income

 

 

-

Non-Operating expenses

 

 

-

Ordinary Income

 

 

8

Special Income

 

 

-

Income Before Taxes

 

 

8

Income Taxes Expenses

 

 

-

Net Income

 

 

8

 

Bank Details

National Federation of Fisheries

 

 

Corporate Registered

No.

110111-2909864

 

 

Business Registered No.

215-86-50538

 

 

Company History

12/05/2003 Established

2005 Awarded US$1 Million Export Prize

 

 

Products, Technologies, Services Description

 

Main Products &

Services

Preparatory Machines

 

 

 

 


 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

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