MIRA
INFORM REPORT
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Report Date : |
28.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
HUMADE CORPORATION |
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Registered Office : |
Rm. 1505, Masters
Tower Bldg., 533, Dohwa 1 – dong, Mapo – gu, Seoul – 121-748 |
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Country : |
Korea |
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Date of Incorporation : |
26.04.2004 |
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Legal Form : |
Company Limited
by Shares |
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Line of Business : |
Wholesale of
Synthetic Rubber and Plastics Materials. |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
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 : |
Small Company |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
Basic
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Company Name |
Humade Corporation |
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Address |
Rm. 1505, Masters
Tower Bldg., 553, Dohwa 1-dong, Mapo-gu, SEOUL, KOREA |
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Zip Code |
121-748 |
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Tel |
+82-2-3275-5155~8 |
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Fax |
+82-2-3275-5157 |
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Type |
Import/Export |
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Industry |
Wholesale of
Synthetic Rubber and Plastics Materials |
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Established |
04/26/2004 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
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Sell |
Synthetic Rubber |
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Sell |
Plastics
Materials |
Others
|
Name |
Kim Cheol-Ho |
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Address |
161-5, Junggye-dong,
Nowon-gu, Seoul 139-220 Korea |
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Date of Birth |
04/07/1964 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
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Capital |
100,000,000 KRW |
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Employees |
3 |
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Formation |
Co., Ltd., by shares |
Management
|
Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Day |
|
President & CEO |
Mr. |
Kim Cheol-Ho |
Male |
Korean |
04/26/2004 |
|
Director |
Mr. |
Kang Dong-Gu |
Male |
Korean |
04/26/2004 |
|
Auditor |
M/S |
Kim Jeong-Sook |
Female |
Korean |
04/26/2004 |
Financials
Unit: KRW
|
Year |
Sales |
Assets |
Net income |
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15,000,000,000 |
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|
|
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2004 |
9,700,000,000 |
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The full financial is not available.
Financial Description
Unit:
KRW
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Authorized
Capital |
200,000,000 |
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Paid-Up
Capital |
100,000,000 |
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Total Issues
Shares |
20,000 |
Corporate
Registered No.
110111-3000538
Company
History
04/26/2004
Established
0/01/2005 Moved to the
present address
12/28/2005 Increased capital to
100,000,000KRW
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 |
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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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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%)