MIRA
INFORM REPORT
|
Report Date : |
01.03.2007 |
IDENTIFICATION
DETAILS
|
Name : |
Sam Young Unitech
Co., Ltd. |
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|
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Registered Office : |
624-7, Geumeo-ri,
Pogok-eup, Cheoin-gu, Yongin-si, Gyeonggi-Do 449-812 |
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Country : |
Korea |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
07/03/1992 |
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Legal Form : |
Company Limited by shares, Venture Business |
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Line of Business : |
Manufacture of All
Other Special Purpose Machinery, n.e.c. |
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 |
|
Status : |
Satisfactory |
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|
|
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Payment Behaviour : |
Usually correct |
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|
|
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Litigation : |
Clear |
Basic
|
Company Name |
Sam Young Unitech
Co., Ltd. |
|
Address |
624-7, Geumeo-ri,
Pogok-eup, Cheoin-gu, Yongin-si, GYEONGGI-DO, KOREA |
|
Zip Code |
449-812 |
|
Tel |
+82-31-338-4561~2 |
|
Fax |
+82-31-338-4499 |
|
E-mail |
syufa@sammach.co.kr |
|
Website |
www.sammach.co.kr |
|
Seoul Branch |
3rd Fl., Dong-yeon
Bldg., 106-4, Yangjae 1-dong, Seocho-gu, SEOUL, KOREA |
|
Tel |
+82-2-573-4561 |
|
Fax |
+82-2-573-4745 |
|
Gumi Factory |
12-2B-20L, Gumi
Country 4-Danji, Bongsan-ri, Sandong-myeon, Gumi-si, GYEONGSANGBUK-DO, KOREA |
|
Tel |
+82-54-475-5606~8 |
|
Fax |
+82-54-475-5609 |
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Deogjin Branch |
Hanaro Application
Research, 150, Deogjin-dong, Yuseong-gu, DAEJEON, KOREA |
|
Tel |
+82-42-863-8982 |
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Fax |
+82-42-863-8983 |
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Type |
Export/Import |
|
Industry |
Manufacture of All
Other Special Purpose Machinery, n.e.c. |
|
Main Business |
Industrial
Machine, Radioisotope, Cyclotron, FA Physical Distribution Equipment, Display
Connection Production Equipment, Communications Satellite Connection Parts,
Radiation Measuring Instrument, Radiation Isotope, Radiation Tester |
|
Sub Business |
Manufacture of
Other Basic Inorganic Chemicals |
|
Established |
07/03/1992 |
Detailed Products
|
Activity |
Detailed
Products (UNSPSC) |
|
Sell |
Dosimetry
equipment(26141700) |
|
Sell |
Isotopes(12142200) |
|
Sell |
Trolleys or
accessories(24101706) |
|
Sell |
lance and
detection equipment(46171600) |
|
Sell |
Conveyors and
accessories(24101700) |
|
Sell |
Electronic and
communication measuring and testing instruments(41113700) |
|
Sell |
Loading
equipment(24101605) |
|
Sell |
Lifting equipment
and accessories(24101600) |
|
Sell |
Robotics(23153200) |
|
Sell |
Electronic
assembly machinery and support equipment(23211000) |
|
Sell |
Cable
trays(39121201) |
Others
|
Name |
Jeong Gyeong-Il |
|
Address |
292, Seohyeon-dong,
Bundang-gu, Seongnam-si, Gyeonggi-do 463-818 Korea |
|
Date of Birth |
09/04/1957 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital |
1,335,140,000 KRW |
|
Employees |
34 |
|
Formation |
Co., Ltd by shares, Venture
Business |
Founded on the third of July, 1992, The
Subject has been at the forefront of continuous product development in the
field of industrial automation equipment.
By utilizing “Transfer” technology, The
Subject has gone on to develop plant automation control systems, CRT Tube Glass
producing systems, and many precision parts used in a wide variety of
communication satellites. In addition, The Subject has accumulated high level
technology through research and has advanced imported RT technology. In order
to develop technology in the field of non-power nuclear applications, The
Subject takes the initiative and produce “Radiation Dosimeter” in use of its
own technology. Also The Subject has positively researched and developed portal
monitor for using to the entrance of radiation monitoring area. In addition, The
Subject has completed to develop radioisotope for research and medical use
successfully and has been supplying to the domestic hospitals. And The Subject
has made a dash and go to be the leading corporation of domestic
radiopharmaceuticals industries by supplying Cyclotron, Hotcell and Incidental
Facilities to the domestic and overseas.
Management
|
Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Day |
|
President & CEO |
Mr. |
Jeong Gyeong-Il |
Male |
Korean |
05/10/1999 |
|
Director |
Mr. |
Lee Chan-Beom |
Male |
Korean |
08/16/2004 |
|
Director |
Mr. |
Kang Sung-Kook |
Male |
Korean |
08/16/2004 |
|
Director |
Mr. |
Lee Sang-Woong |
Male |
Korean |
03/31/2005 |
|
Auditor |
Mr. |
Ji Kyung-Joon |
Male |
Korean |
03/31/2005 |
Financials
Unit: KRW
|
Year |
Sales |
Assets |
Net income |
|
8,480,265,136 |
10,157,532,927 |
456,154,854 |
|
|
2004 |
5,746,648,418 |
10,429,150,352 |
(-)5,512,312 |
|
2003 |
9,260,342,850 |
10,163,158,518 |
204,266,229 |
Financial Description
Unit:
KRW
|
Authorized Capital |
10,000,000,000 |
|
Paid-Up Capital |
1,335,140,000 |
|
Total Issues Shares |
2,670,280 |
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Balance Sheet Unit : Korean Won |
|||
|
|
As of
12/31/2005 |
As of
12/31/2004 |
As of
12/31/2003 |
|
Total Assets |
10,157,532,927 |
10,429,150,352 |
10,163,158,518 |
|
Current Assets |
5,426,716,395 |
6,170,458,210 |
7,133,274,206 |
|
-Quick Assets |
5,390,161,835 |
6,133,903,650 |
7,064,110,794 |
|
-Inventories |
36,554,560 |
36,554,560 |
69,163,412 |
|
Fixed Assets |
4,730,816,532 |
4,258,692,142 |
3,029,884,312 |
|
-Investment |
1,073,015,545 |
1,295,367,715 |
641,578,274 |
|
-Tangibles |
1,826,535,333 |
1,875,317,604 |
1,620,600,536 |
|
-Intangibles |
1,831,265,654 |
1,088,006,823 |
767,705,502 |
|
Total Liabilities |
4,430,799,487 |
5,158,571,766 |
4,887,067,620 |
|
Current Liabilities |
3,716,540,629 |
4,488,391,247 |
4,325,090,330 |
|
Fixed Liabilities |
714,258,858 |
670,180,519 |
561,977,290 |
|
Capital Stock |
1,335,140,000 |
1,335,140,000 |
1,335,140,000 |
|
Capital Surplus |
971,913,130 |
971,913,130 |
971,913,130 |
|
Profit Surplus |
3,419,680,310 |
2,963,525,456 |
2,969,037,768 |
|
Capital Adjustment |
- |
- |
- |
|
Total Equity |
5,726,733,440 |
5,270,578,586 |
5,276,090,898 |
|
Liab. & Shareholder’s Equity |
10,157,532,927 |
10,429,150,352 |
10,163,158,518 |
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Income Statement Unit : Korean Won |
|||
|
|
As of
12/31/2005 |
As of
12/31/2004 |
As of
12/31/2003 |
|
Sales |
8,480,265,136 |
5,746,648,418 |
9,260,342,850 |
|
Cost of Sold Goods |
6,946,267,663 |
5,039,614,945 |
7,664,691,290 |
|
Gross Profit |
1,533,997,473 |
707,033,473 |
1,595,651,560 |
|
Selling & Admin. Expenses |
1,470,461,904 |
1,302,723,085 |
1,339,275,670 |
|
Operating Income |
63,535,569 |
(-)595,689,612 |
256,375,890 |
|
Non-Operating Income |
474,660,904 |
585,280,959 |
261,338,600 |
|
Non-Operating expenses |
173,056,491 |
158,978,560 |
259,223,263 |
|
Ordinary Income |
365,139,982 |
(-)169,387,213 |
258,491,227 |
|
Special Income |
- |
- |
- |
|
Income Before Taxes |
365,139,982 |
(-)169,387,213 |
258,491,227 |
|
Income Taxes Expenses |
(-)91,014,872 |
(-)163,874,901 |
54,224,998 |
|
Net Income |
456,154,854 |
(-)5,512,312 |
204,266,229 |
|
Bank Details |
Shinhaqn Bank Suwon Branch Korea Development Bank Korea Exchange Bank Woori Bank |
|
Corporate Registered No. |
134811-0016558 |
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Business Registered No. |
135-81-13663 |
|
Permit & Licenses |
2005-09.23 : Venture Business Certificate 2005.12.27 : EM Certificates
2004.12.07 : ISO 9001 by ISC 2002.10.31 : Prospective Small and Medium Business Certificate
certified … 2002.07.12 : Promising Export Small and Medium Business
Certificate 2002.03.01 : Safe and Innovative Radiation Technology Certificate 2002.01.23 : Affiliated laboratory
2001.10.03 : ISO 9001 2004.08.10 : Inno-Biz Certificate
1998.06.19 : Safety Management Certificate(S Mark) 1998.04.06 : Prospective Small and Medium Business Certificate
certified … 1995.07.22 : Prospective Small and Medium Business Certificate
certified |
|
Shareholder Position |
Jeong Gyeong-Il : 79.0% HANKUK ELECTRIC GLASS CO., LTD : 2.67% Others |
|
Company History |
07/03/1992 : Sam
Young Comprehensive Machines, Corporation established 04/06/1998 :
Selected as up-and-coming medium/small enterprise of Kyung-Ki Province 11/26/1999 :
Acquired factory and set up a branch office in Kumi (303-10 Kong-dan Dong,
Kumi City) 07/19/2000 :
Established company annex research center (Korean Industrial technology
development committee) 11/14/2000 :
Changed name to Sam Young UniTechnology Corporation 01/11/2001 :
Registered as a Venture Company 05/31/2001 :
Absorb-merged with the Korea Nuclear Power Technology Corporation 06/05/2001 :
Established Seoul branch office 08/10/2001 :
Selected as an INNO-BIZ company by the medium/small enterprises office 08/15/2001 :
Registered as New Radiation Technology Safety Center Orographic Cooperative
Company 11/12/2001 :
Selected as Science Technology Manpower Interchange Company 12/13/2001 :
Authorized to sell radioisotopes (by the Minister of Science and Technology) 12/28/2001 :
Medical wholesale permission approved (in Yong-In Market) 01/25/2002 :
Agreement made on specific process, and contract signed for the import of
technology with the Russian IPPE (National Physics Energy Research Center) 01/27/2002 :
Registered as bidder Participation Company of the National Science Research
Center 02/04/2002 :
Selected as the volunteer company for 13th Korea-China Trade Discussion and
Publicity (Seoul City) 02/14/2002 :
Selected as the export industrialize company of 2002 (medium/small
enterprises office of Kyung-Ki Province) 03/07/2002 : Participated
in the 4th World RI tournament 04/02/2002 :
Selected as the hired company for foundational facilities of the Korea
Nuclear Power Research Center 11/12/2002 :
Participated in the 7th Korea. Russia Atomic Energy Joint Committee 11/14/2002 :
Participated in the 1st Korea. Russia Atomic Energy Seminar (Presentation of
radio pharmaceuticals development : course) 12/25/2002 :
Participated in the 1st Korea. Russia Atomic Energy Seminar (Presentation
ofWinner in the Technology department for“radiation measurement instrument”
by the Kyung-Ki Medium/small enterprises volunteer center. radio
pharmaceuticals development course) 01/02/2004 :
Established a branch office in Daejeon, Korea. (Deokjin-dong, Yuseong-gu,
Daejeon Korea, in Hanaro application research -Korea Atomic Energy Research
Institute) 03/19/2004 :
Participated the second Korea-Vietnam / the first Korea-Thialand Atomic
Industrial Forum 04/06/2004 :
Approved as a manufacturer of the radiopharmaceuticals (Korea Food & Drug
Administration, Technetium sodium “99mTc”) 06/09/2004 :
Approved for designing radio equipment (Ministry of Science and Technology,
Mobile-opening type medical devices) 08/18/2004 :
Selected as a technology transfer company of cyclotron accelerator
(KIRAMS-13) (Korea Institute of Radiological and Medical Sciences) 09/14/2004 :
Participated as a representative member of the Korea-Kazakhstan atoic
cooperation (Ministry of Science and Technology, Kazakhstan) 10/15/2004 :
Aquired Korean Nuclear Safety Mark (Ministry of Science and
Technology,Technetium-99m device) 09/23/2005
Designated as a Venture Business again |
Products,
Technologies, Services
Description
|
Main Products & Services |
Industrial Machine,
Radioisotope, Cyclotron, FA Physical Distribution Equipment, Display
Connection Production Equipment, Communications Satellite Connection Parts,
Radiation Measuring Instrument, Radiation Isotope, Radiation Tester |
Trade Partners
|
Customers |
Syria’s Atomic Committee (Amount : US$1,230,000) HANKUK ELECTRIC GLASS CO., LTD Korea Aerospace Industries, Ltd. Hospitals |
Related Parties
(Subsidiaries, Joint-
Venture &
Affiliates)
|
Cooperative Enterprise |
In 2003, The subject signed the License Agreement on Technologies in
Medical purpose use of atomic manufacturing with State Scientific Center of
Russian Federation-Institute of
Physics & Power Engineering("SSC RF IPPE")-Russia, and
is supposed to pay 1% of total sales for five years. In 2004, The subject signed the agreement on the license fee of
technology usage with Korea Atomic Energy Research Institute (KAERI) and is
supposed to pay 5% of sales for five years. |
Sales by Region (Activity
& Markets)
The subject deals with
the companies in China, India, Syria, Kazakhstan, Middle East and South Africa
and South-East Asia.
Court Action
No
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 |
|
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%)
PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions