MIRA
INFORM REPORT
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Report Date : |
12.04.2007 |
IDENTIFICATION
DETAILS
|
Name : |
KYUNGSUN METAL CO., LTD. |
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Registered Office : |
591-18, Maesan-ri, Juksan-myeon, Anseong-si, Gyeonggi-Do - 456-893 |
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Country : |
India |
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Date of Incorporation : |
12/24/1999 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Manufacture and Wholesales of Hot Rolled, Drawn and Extruded Iron or
Steel Products. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Basic
|
Company
Name |
KYUNGSUN METAL CO., LTD. |
|
Registered Address |
591-18,
Maesan-ri, Juksan-myeon, Anseong-si, GYEONGGI-DO, KOREA |
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Zip Code |
456-893 |
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Tel |
+82-31-673-4651~3 |
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Fax |
+82-31-673-4661 |
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Trading Address |
591-18,
Maesan-ri, Juksan-myeon, Anseong-si, GYEONGGI-DO, KOREA |
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Tel |
+82-31-673-4651~3 |
|
Fax |
+82-31-673-4661 |
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Type |
Import |
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Industry |
Manufacture and Wholesales of Hot Rolled, Drawn and Extruded Iron or
Steel Products |
|
Main Business |
Stainless Steel Round Bars |
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Established (mm/dd/yyyy) |
12/24/1999 |
The Subject owns the premises of registered
address.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Stainless Steel Bars |
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Sell |
Steel Products |
CEO’s
|
Name |
Lim Jong-Rak |
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Address |
42, Yeouido-dong, Yeongdeungpo-gu, Seoul,
Korea |
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Date of Birth |
01/23/1957 |
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Title |
Preisdent & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital |
100,000,000 KRW |
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Employees |
8 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Industrial Bank of Korea |
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Corporate Registered No. |
135511-0102562 |
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Business Registered No. |
134-81-49998 |
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Permit & Licenses |
N/A |
|
Shareholder Position |
N/A |
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Company History |
12/24/1999 Established 07/04/2003 Moved to the present address
from 1290-5, Jeongwang-dong, Siheung-si, Gyeonggi-do, Korea 05/18/2005 Increased capital to
100,000,000 KRW from 50,000,000 KRW |
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President & CEO |
Mr. |
Lim Jong-Rak |
Male |
Korean |
03/06/2006 |
|
Director |
Mr. |
Lee Hoi-Cheon |
Male |
Korean |
03/06/2006 |
|
Director |
Mr. |
Jeong Sun-Chae |
Male |
Korean |
03/06/2006 |
|
Auditor |
Mr. |
Cho Han-Woo |
Male |
Korean |
03/30/2005 |
Financials
Unit: KRW
|
Year |
Sales |
Assets |
Net income |
|
2004 |
2,300,000,000 |
|
|
The latest financial is not available.
Financial Description
Unit:
KRW
|
Authorized
Capital |
200,000,000 |
|
Paid-Up
Capital |
100,000,000 |
|
Total Issues Shares |
20,000 |
Products,
Technologies, Services
Description
|
Main
Products & Services |
Stainless Steel Products |
Sales by Region (Activity
& Markets)
The Subject imports from China.
Court Action
Not Available.
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 |
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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 |
|
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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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)