MIRA
INFORM REPORT
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Report Date : |
06.09.2007 |
IDENTIFICATION DETAILS
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Name : |
HANYANG FASTENER CO., LTD. |
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Registered Office : |
660, Munhak-ri, Jeongnam-myeon, Hwaseong-si, Gyeonggi-Do - 445-961 |
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Country : |
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Date of Incorporation : |
01/05/2000 |
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Legal Form : |
Company Limited by shares |
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Line of Business : |
Wholesale of Hardware and Hand-tools |
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 |
HANYANG FASTENER CO., LTD. |
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Registered Address |
660, Munhak-ri, Jeongnam-myeon,
Hwaseong-si, |
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Zip Code |
445-961 |
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Tel |
+82-31-366-2345 |
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Fax |
+82-31-366-2340 |
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E-mail |
hanyang@hanyang-f.co.kr;qjr77777@nate.com |
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Website |
www.hanyang-f.co.kr |
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Trading Address |
660, Munhak-ri, Jeongnam-myeon,
Hwaseong-si, |
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Tel |
+82-31-366-2345 |
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Fax |
+82-31-366-2340 |
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Branch |
154-5, Gamjeon-dong, Sasang-gu, |
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Type |
Import/Export |
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Industry |
Wholesale of Hardware and Hand-tools |
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Main Business |
Bolt, Nut, Screw, Washer |
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Established (mm/dd/yyyy) |
01/05/2000 |
The Subject owns
the premises of registered HQ address.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Nuts(31161700) |
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Sell |
Bolts(31161600) |
CEO’s
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Name |
Park Sung-Kuk |
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Address |
110, Haan-dong, Gwangmyeong-si, |
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Date of Birth |
02/29/1964 |
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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 |
640,000,000 KRW |
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Employees |
Head Office(8) and Branch(7) |
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Formation |
Co., Ltd by shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-1842825 |
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Business Registered No. |
113-81-57787 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
11/1990 Established as Hanyang Bolt Co. 01/05/2000 Incorporated as the present
name 06/30/2006 Moved to the present HQ address
from 273-3, Oryu-dong, Guro-gu, 12/28/2006 Increased capital to
640,000,000 KRW from 560,000,000 KRW |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
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President & CEO |
Mr. |
Park Sung-Kuk |
Male |
Korean |
12/27/2006 |
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Director |
M/S. |
Byun Byung-Ok |
Female |
Korean |
01/21/2005 |
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Auditor |
Mr. |
Park Seung-Nam |
Male |
Korean |
01/21/2005 |
Financials
Unit: KRW
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Year |
Sales |
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10,000,000,000 |
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2005 |
N/A |
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2004 |
5,000,000,000 |
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2003 |
4,000,000,000 |
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2002 |
3,600,000,000 |
The figures are from the industry
organizations and recruiting memo.
Financial Description
Unit: KRW
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Authorized Capital |
1,000,000,000 |
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Paid-Up Capital |
640,000,000 |
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Total Issues Shares |
128,000 |
Products,
Technologies, Services
Description
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Main Products & Services |
Bolts and Nuts |
Sales by Region (Activity
& Markets)
The Subject imports from
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%)