MIRA
INFORM REPORT
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Report Date : |
03.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
UPI CO., LTD. |
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Registered Office : |
3Ba-304, Sihwa Industrial Complex, 2191-7,
Jeongwang 1-dong, Siheung-si, Gyeonggi-do, 429-936 |
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Country : |
Korea |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
30.12.1997 |
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Com. Reg. No.: |
133-81-35297 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Manufacture of Other Electric Motors, Generators and Transformers |
RATING &
COMMENTS
|
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 Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Basic
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Company
Name |
UPI CO., LTD. (Korean Company
Name : “유피아이”) |
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Registered Address |
2191-7, Jeongwang 1-dong, Siheung-si,
Gyeonggi-do, Korea |
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Building |
3Ba-304, Sihwa Industrial Complex |
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Zip Code |
429-936 |
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Tel |
+82-31-499-5701~3 |
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Fax |
+82-31-499-5704 |
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E-mail |
upi@upi.co.kr |
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Website |
www.upi.co.kr |
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Trading Address |
3Ba-304, Sihwa Industrial Complex, 2191-7,
Jeongwang 1-dong, Siheung-si, Gyeonggi-do, Korea |
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Tel |
+82-31-499-5701~3 |
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Fax |
+82-31-499-5704 |
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Type |
Export/Import |
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Industry |
Manufacture of Other Electric Motors, Generators and Transformers |
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Main Business |
Plating Rectifier, Coil Winding Machines, Core Cut to Length Machines |
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Sub Business |
Manufacture of Other Special Purpose Machinery, n.e.c. |
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Established (mm/dd/yyyy) |
12/30/1997 |
The Subject owns
the premises of registered HQ address.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
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Sell |
Ammeters(41113601) |
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Sell |
Rectifiers(32121701) |
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Sell |
Cutting machines(23101508) |
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Sell |
Electrical or power regulators(39121009) |
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Sell |
Wire cutters(27111511) |
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Sell |
Rectifiers(32121701) |
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Buy |
Motion detectors(46171608) |
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Buy |
Fixed capacitors(32121501) |
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Buy |
Diodes(32111500) |
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Buy |
Heat sinks(32131001) |
CEO’s
|
Name |
Ra Byung-Chul |
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Address |
890, Guun-dong, Gwonseon-gu, Suwon-si,
Gyeonggi-do, Korea |
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Date of Birth |
01/11/1958 |
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Title |
Representative Director |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital |
150,000,000 KRW |
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Employees |
18 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Industrial Bank of Korea-Dong Shihwa Branch |
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Corporate Registered No. |
135011-0090303 |
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Business Registered No. |
133-81-35297 |
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Permit & Licenses |
10/08/2001 ISO 9001 12/2005 ISO 14001 |
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Shareholder Position |
N/A |
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Company History |
11/1988 Established
Rectifier manufacturing plant 04/1992 Established
machinery depart 06/1993 Developed
Winding machine for transformer 12/1993 Developed
Auto current setting & controller for plating line 05/1996 Patented
Cut to length machine for transformer 01/1998 Incorporated
as the present name 12/2000 Moved
to the present place 10/2001 Applicable
Standards : ISO9001 12/2001 Developed
Foil Winding Machine for Transformer 04/2002 Authorized
as the first grade factory of KTL of the ministry 11/2002 Awarded
a prize by the prime minister, republic of Korea 02/2003 Awarded
a K-Mark by the KTL of the minister, republic of Korea 05/2003 Awarded
a family company by the minister, republic of Korea 07/2003 Authorized
as the first grade factory of the ministry 05/1904 Authorized
as the Venture business 06/2004 Authorized
as the first grade of the technology 08/2004 Ino-Biz
business 11/2005 Awarded
a prize by the prime minister, republic of Korea 12/2005 Applicable
Standards : ISO14001 06/27/2008
Moved to the present HQ address from 3Ba-215, Sihwa Industrial Complex,
Jeongwang 1-dong, Siheung-si, Gyeonggi-do, Korea |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Representative Director |
Mr. |
Ra Byung-Chul |
Male |
Korean |
12/16/2000 |
|
Auditor |
Mr. |
Kwon Young-Sook |
Male |
Korean |
12/16/2000 |
Financials
Unit: KRW
|
Year |
Sales |
Assets |
Net income |
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2,988,000,000 |
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|
|
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2006 |
3,250,000,000 |
2,258,000,000 |
335,000,000 |
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2005 |
2,988,000,000 |
2,115,000,000 |
327,000,000 |
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2004 |
1,743,000,000 |
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|
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2003 |
1,620,000,000 |
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The full financials
are not available, and the Subject Company does not have any obligations to
release its financials to the public.
Financial Description
Unit: KRW
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Authorized
Capital |
200,000,000 |
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Paid-Up
Capital |
150,000,000 |
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Total Issues Shares |
30,000 |
Balance
Sheet
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Unit : Million Korean Won |
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As of 12/31/2005 |
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Total Assets |
|
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2,115 |
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Current Assets |
|
|
1,298 |
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-Quick Assets |
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|
1,219 |
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-Inventories |
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79 |
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Fixed Assets |
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|
817 |
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-Investment |
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12 |
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-Tangibles |
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|
800 |
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-Intangibles |
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5 |
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Total Liabilities |
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1,142 |
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Current Liabilities |
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|
899 |
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Fixed Liabilities |
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|
242 |
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Capital Stock |
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|
150 |
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Capital Surplus |
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- |
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Profit Surplus |
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|
824 |
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Capital Adjustment |
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(-)1 |
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Total Equity |
|
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973 |
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Liab. & Shareholder’s Equity |
|
|
2,115 |
Income
Statement
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Unit : Million Korean Won |
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As of 12/31/2005 |
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Sales |
|
|
2,988 |
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Cost of Sold Goods |
|
|
2,358 |
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Gross Profit |
|
|
630 |
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Selling & Admin. Expenses |
|
|
351 |
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Operating Income |
|
|
280 |
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Non-Operating Income |
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|
85 |
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Non-Operating expenses |
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13 |
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Ordinary Income |
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|
351 |
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Special Income |
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- |
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Income Before Taxes |
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|
351 |
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Income Taxes Expenses |
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|
24 |
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Net Income |
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|
327 |
Products, Technologies, Services
Description
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Main
Products & Services |
Electronics -SCR Rectifier -IGBT Rectifier -DC Pulse Rectifier -Reverse Pulse Rectifier -AH Meter -AC/ DC Power supply Machinery -Core Cut to Length machine -HV Coil Winding Machine -Foil winding machine -Slitting machine for Insulation -Corrugated forming machine -Slitting machine for Silicon steel |
Trade
Partners
|
Competitors |
NARAE NANOTECH CORPORATION 355-2, HWASAN-RI, IDONG-MYEON, CHEOIN-GU,
YONGIN-SI, GYEONGGI-DO, KOREA TEL:+82-31-337-2600 FAX:+82-31-337-2622 DAEJI PRECISION CO., LTD. 1000-12, IGOK-DONG, DALSEO-GU, DAEGU, KOREA TEL:+82-53-581-2060 FAX:+82-53-582-1614 COBIS CO., LTD. 671, YUBANG-DONG, CHEOIN-GU, YONGIN-SI,
GYEONGGI-DO, KOREA TEL:+82-31-323-1612~3 FAX:+82-31-323-1614 |
Related Parties (Subsidiaries,
Joint-Venture & Affiliates)
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Overseas Branch |
UPI CO., LTD (INDIA) POST BOX NO.62 , GPO, GURGAON, HARYANA,
INDIA TEL:+91-124-4269688 FAX:+91-124-4269688 E-MAIL : LEELEEINDO@YAHOO.CO.KR |
Sales by
Region (Activity &
Markets)
The Subject exports
to India, Thailand and UAE.
Court
Action
Not Available.
News
Clipping
--
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.49.90 |
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UK Pound |
1 |
Rs.74.30 |
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Euro |
1 |
Rs.63.42 |
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%)