MIRA
INFORM REPORT
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Report Date : |
31.08.2007 |
IDENTIFICATION DETAILS
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Name : |
SHINWON CHEMICAL & TRADING CORP. |
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Registered Office : |
957-34, Bongcheonbon-dong, Gwanak-gu, |
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Country : |
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Date of Incorporation : |
01/01/1982 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesale of Industrial Basic Chemicals |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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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. |
Small |
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Status : |
Small Concern |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
Basic
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Company
Name |
SHINWON CHEMICAL & TRADING
CORP. |
|
Registered Address |
957-34, Bongcheonbon-dong, Gwanak-gu, |
|
Zip Code |
151-827 |
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Tel |
+82-2-877-0106~7 |
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Fax |
+82-2-877-0540 |
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E-mail |
gold@swct.co.kr |
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Website |
www.swct.co.kr |
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Trading Address |
957-34, Bongcheonbon-dong, Gwanak-gu, |
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Tel |
+82-2-877-0106~7 |
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Fax |
+82-2-877-0540 |
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Type |
Import |
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Industry |
Wholesale of Industrial Basic Chemicals |
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Main Business |
Attacking with Fire Medicines, Food Additive, Oil |
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Established (mm/dd/yyyy) |
01/01/1982 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
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Sell |
Inorganic hydroxides(12352305) |
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Sell |
Additives(12160000) |
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Sell |
Paraffins(12181503) |
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Sell |
Chemistry reagents or solutions(41116105) |
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Sell |
Inorganic metal salts(12352302) |
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Sell |
Processed and synthetic rubber(13101600) |
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Sell |
Oils(12181600) |
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Sell |
Petrolatums(12181504) |
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Sell |
Shellacs(31211705) |
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Sell |
Naphthalene |
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Sell |
Camphor |
CEO’s
|
Name |
Hwang Kyu-Nam |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital |
Not Applicable to
the Sole Proprietorship |
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Employees |
2 |
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Formation |
Sole Proprietorship |
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Bank Details |
Woori Bank |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
112-19-74641 |
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Permit & Licenses |
N/A |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
01/01/1982
Established as the present name |
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
Owner |
Mr. |
Hwang Kyu-Nam |
Male |
Korean |
1982 |
|
Director |
M/S. |
Hwang Jin-Sun |
Female |
Korean |
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Financials
The latest financial is not available.
Products,
Technologies, Services
Description
|
Main Products & Services |
Japan Wax Aluminum Chloride L-Tartaric Acid Copal Gum Dron Emulsion Remover Sodium Perborate Naphthalene Gum Damar Bee's Wax Vaseline Arabic Gum |
Sales by Region (Activity
& Markets)
The Subject imports from
Court Action
Not Available.
RATING EXPLANATIONS
|
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%)