MIRA
INFORM REPORT
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Report Date : |
14.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
SAMHOON DOOR
TECH CO., LTD. |
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Registered Office : |
Yongtan Nong Gong Danji, 168-15, Yongtan-dong, Chungju-si,
Chungcheongbuk - do - 380-250 |
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Country : |
Korea |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
09/24/2004 |
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Legal Form : |
Company Limited by shares |
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Line of Business : |
Manufacture of Metal Doors and Related Articles |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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
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Company
Name |
SAMHOON DOOR TECH CO., LTD. |
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Registered Address |
168-15, Yongtan-dong, Chungju-si,
Chungcheongbuk-do, Korea |
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Building |
Yongtan Nong Gong Danji |
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Zip Code |
380-250 |
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Tel |
+82-43-855-2677 |
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Fax |
+82-43-855-2678 |
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E-mail |
shdoortech@shdoortech.co.kr;samhoon@paran.com |
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Website |
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Trading Address |
Yongtan Nong Gong Danji, 168-15, Yongtan-dong,
Chungju-si, Chungcheongbuk-do, Korea |
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Tel |
+82-43-855-2677 |
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Fax |
+82-43-855-2678 |
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Type |
Import/Export |
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Industry |
Manufacture of Metal Doors and Related Articles |
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Main Business |
Blast Proof Door, Water Tight Door, Air Tight Door, EMP Door |
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Sub Business |
Installation or Erection of Doors |
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Established (mm/dd/yyyy) |
09/24/2004 |
The Subject owns
the premise of registered address/factory.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Blast Proof Door |
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Sell |
Water Tight Door |
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Sell |
Air Tight Door |
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Sell |
EMP Door |
CEO’s
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Name |
Lee Geon-Joon |
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Address |
168-15, Yongtan-dong, Chungju-si,
Chungcheongbuk-do, Korea |
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Date of Birth |
01/28/1951 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital |
400,000,000 KRW |
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Employees |
12 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Industrial Bank of Korea-Chungju Branch |
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Corporate Registered No. |
151111-0024433 |
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Business Registered No. |
303-81-40458 |
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Permit & Licenses |
01/09/2006 ISO 9001 01/26/2006 ISO 14001 |
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Shareholder Position |
N/A |
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Company History |
Feb. 27, 2007 Applied for a Patent (Locking
Device and Door ) by KIPO Feb. 05, 2007 Acquired "INNO
Biz" Certification by Small and Medium Business Sept. 28, 2006 Applied for a Patent (Door
Unlocking Device) by KIPO Sept. 11, 2006 Adopted the new business
name "SAMHOON DOOR TECH CO., Ltd." by Mayor of Chungju City July. 07, 2006 Selected as a Clean
Business Place by Korea Occupational Safety & Health Agency June. 17, 2006 Registered as one of the
partner companies for construction by POSCO Engineering & Construction
Co., Ltd May. 17, 2006 Received a License as a
Construction Business by Mayor of Chungju City Jan. 26, 2005 Acquired ISO 14001
Certification by DAS Jan. 09, 2005 Acquired ISO 9001
Certification by DAS Nov. 15, 2005 Registered a Patent (Closed
Door Structure) by The Korean Intellectual Property Office (KIPO) Aug. 02, 2005 Applied for a Patent (Door
Unlocking Device) by The Korean Intellectual Property Office (KIPO) Aug. 02, 2005 Applied for a Patent (Closed
Door Structure) by The Korean Intellectual Property Office (KIPO) July. 19, 2005 Selected as a Prosperous
Small and Medium Export Business by Small and Medium Business Administration June. 22, 2005 Registered its plants by
Mayor of Chungju City June. 09, 2005 Registered as a member of
the Korea International Trade Association by Korea International Trade
Association Apr. 21, 2005 Applied for a Patent (New
Axis Connecting Device for Acting Area)
The Korean Intellectual Property Office (KIPO) Apr. 18, 2005 Applied for a Utility Model
Patent (Door Frame with Turning & Acting Members) by The Korean
Intellectual Property Office (KIPO) Apr. 18, 2005 Applied for a Utility Model
Patent (Closed Structure of Double-Acting Door) by The Korean Intellectual
Property Office (KIPO) Sept. 24, 2004 Shifted to a corporation as
Samhoon Co., Ltd. May. 05, 2003 Establishment of Samhoon
Machinery as an independent business |
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President & CEO |
Mr. |
Lee Geon-Joon |
Male |
Korean |
09/24/2004 |
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Director |
Mr. |
Park Doo-Young |
Male |
Korean |
04/08/2005 |
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Director |
Mr. |
Lee Yang-Hee |
Male |
Korean |
06/12/2007 |
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Auditor |
M/S. |
Lee Geun-Ja |
Female |
Korean |
04/08/2005 |
Financials
Unit: KRW
|
Year |
Sales |
Assets |
Net income |
|
638,000,000 |
981,000,000 |
22,000,000 |
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2004 |
457,000,000 |
633,000,000 |
25,000,000 |
The latest financial is not available.
Financial Description
Unit: KRW
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Authorized
Capital |
1,200,000,000 |
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Paid-Up
Capital |
400,000,000 |
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Total Issues Shares |
40,000 |
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Balance Sheet |
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Unit : Million Korean Won |
As of 12/31/2005 |
As of 12/31/2004 |
As of 12/31/2003 |
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Total Assets |
981 |
633 |
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Current Assets |
38 |
219 |
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-Quick Assets |
38 |
192 |
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-Inventories |
- |
27 |
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Fixed Assets |
943 |
414 |
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-Investment |
- |
20 |
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-Tangibles |
916 |
394 |
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-Intangibles |
27 |
- |
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Total Liabilities |
635 |
308 |
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Current Liabilities |
635 |
308 |
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Fixed Liabilities |
- |
- |
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Capital Stock |
300 |
300 |
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Capital Surplus |
- |
- |
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Profit Surplus |
46 |
25 |
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Capital Adjustment |
- |
- |
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Total Equity |
346 |
325 |
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Liab. & Shareholder’s Equity |
981 |
633 |
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Income Statement |
|||
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Unit : Million Korean Won |
As of 12/31/2005 |
As of 12/31/2004 |
As of 12/31/2003 |
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Sales |
638 |
457 |
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Cost of Sold Goods |
495 |
401 |
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Gross Profit |
143 |
56 |
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Selling & Admin. Expenses |
89 |
34 |
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Operating Income |
54 |
22 |
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Non-Operating Income |
- |
3 |
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Non-Operating expenses |
27 |
- |
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Ordinary Income |
27 |
25 |
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Special Income |
- |
- |
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Income Before Taxes |
27 |
25 |
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Income Taxes Expenses |
5 |
- |
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Net Income |
22 |
25 |
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Products, Technologies, Services
Description
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Main
Products & Services |
The Subject Company specializes in the
design, manufacture and installation of special doors, used in special industries
such as national disaster prevention, defensive military facilities, and
countermeasure facilities to prevent inundation. Blast Proof Door: The Blast Proof Door is designed to protect
human life from any accidental explosions that may occur in petrochemical
plants or in industrial manufacturing facilities; to offer disaster
prevention and protection for main facilities; and to effectively manage and
control explosions in military experiments at military facilities or at any
explosion-prone laboratories. Water Tight Door The Water-Tight Door is a structure that
prevents inundation damage caused by weather disturbances such as typhoons or
heavy rainfall and reverse flow of foul water. It also protects human life
and property in flood-prone regions. In addition to its function as a gateway
(including doorway, emergency exit, lighting, and ventilation), the
Water-Tight Door can resist high water pressure and prevent inundation. Air Tight Door The Air-/Gas-Tight Door blocks air flow
in-between compartments and is designed to be completely airtight using a
gasket packing system to prevent any contaminated air from entering a clean
area. It is used in military facilities and atomic power plants. Shielding Door The shielding doors are operable either through
finger-contact style or gasket style. The finger stock or gasket should be
fully protected from contact by other materials or any external shock that
may cause damage or breakage Electro-Magnetic Pulse(EMP) Door |
Trade
Partners
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Customers |
GEUMGANG SERVICE AREA CO., LTD. AIREF ENGINEERS (P) LTD. SAMSUNG CORPORATION DOWON ENGINEERING CO., LTD. TEST LAB &OFFICE HYUNDAI DEPARTMENT STORE CO., LTD. SAMSUNG HEAVY INDUSTRIES CO., LTD. PRIME DEVELOPMENT CO., LTD. AIREF ENGINEERS (P) LTD SEOUL METROPOLITAN RAPID TRANSIT CORP STAHL TECNIKS PVT. LTD. POSCO ENGINEERING & CONSTRUCTION CO.,
LTD. AGENCY FOR DEFENSE DEVELOPMENT SAMSUNG ENGINEERING CO., LTD. STAHL TECNIKS. PVT. LTD. DOWON E & C |
Sales by
Region (Activity &
Markets)
The Subject exports to South-East Asian Countries.
Court
Action
Not Available
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. |
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%)