MIRA
INFORM REPORT
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Report Date : |
13.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
HANMI CO., LTD. |
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Formerly Known as : |
HANMI INGREDIENTS CO., LTD |
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Registered Office : |
1375-1, Seongseok-dong, Ilsandong-gu, Goyang-si, Gyeonggi-do
410-570 |
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Country : |
Korea |
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Date of Incorporation : |
07.01.2000 |
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Com. Reg. No.: |
128-81-45041 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Manufacture of Other Food Additive Products |
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 Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Basic
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Company
Name |
HANMI CO., LTD. (Korean Company Name : ”한미”) (Ex. Company Name: HANMI INGREDIENTS CO.,
LTD.) |
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Registered Address |
1375-1, Seongseok-dong,
Ilsandong-gu, Goyang-si, Gyeonggi-do, Korea |
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Zip Code |
410-570 |
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Tel |
+82-31-977-7031 |
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Fax |
+82-31-977-7032 |
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Trading Address |
1375-1, Seongseok-dong,
Ilsandong-gu, Goyang-si, Gyeonggi-do, Korea |
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Tel |
+82-31-977-7028 |
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Fax |
+82-31-977-7032 |
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Type |
Import/Export |
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Industry |
Manufacture of Other Food Additive Products |
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Main Business |
Green-TX, Color-Aid, Gum-Arabic, Organic
Sugar, Organic Flour, Chocolate |
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Sub Business |
Wholesales
of Chemicals, Pharmaceuticals, Feeds and Agricultural Products |
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Established (mm/dd/yyyy) |
01/07/2000 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Food or drug additives(12164500) |
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Sell |
Natural sugars or sweetening
products(50161509) |
CEO’s
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Name |
Yoo Tae-Gyun |
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Address |
1278, Gireum-dong, Seongbuk-gu, Seoul, Korea |
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Date of Birth |
03/17/1962 |
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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 |
150,000,000 KRW |
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Employees |
3 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Industrial Bank of Korea-Juyeob Branch |
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Corporate Registered No. |
115911-0026289 |
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Business Registered No. |
128-81-45041 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
01/07/2000 Incorporated as HANMI
INGREDIENTS CO., LTD. 09/19/2002 Increased the authorized shares to 500,000 shares from
40,000 shares 09/19/2002 Increased capital to 150,000,000 KRW from 50,000,000 KRW 11/21/2007 Changed company name to the present name |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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President & CEO |
Mr. |
Yoo Tae-Gyun |
Male |
Korean |
01/07/2000 |
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Director |
M/S. |
Park Keum-Hee |
Female |
Korean |
01/07/2000 |
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Auditor |
Mr. |
Yoo Tae-Boong |
Male |
Korean |
01/07/2000 |
Financials
Unit: KRW
|
Year |
Sales |
Assets |
Net income |
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2006 |
695,000,000 |
549,000,000 |
50,000,000 |
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2005 |
717,000,000 |
572,000,000 |
(-)40,000,000 |
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2004 |
1,200,000,000 |
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2003 |
680,000,000 |
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The latest &
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 |
2,500,000,000 |
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Paid-Up
Capital |
150,000,000 |
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Total Issues Shares |
30,000 |
Products, Technologies, Services
Description
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Main
Products & Services |
Green-TX Color-Aid Gum-Arabic Organic Sugar Organic Flour Chocolate |
Trade
Partners
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Customers |
Major Domestic Food Manufacturers |
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Competitors |
VIXXOL CORPORATION 220-10, ANYANG 7-DONG, MANAN-GU, ANYANG-SI,
GYEONGGI-DO, KOREA TEL:+82-31-467-6767 FAX:+82-31-468-1502 YUGINONGSAN CO., LTD. 47-14, GARAKBON-DONG, SONGPA-GU, SEOUL,
KOREA TEL:+82-2-3426-6204 FAX:+82-2-402-0660 TREVOM CO., LTD. 413-14, JIYEONG-DONG, ILSANDONG-GU,
GOYANG-SI, GYEONGGI-DO, KOREA TEL:+82-31-907-6230 FAX:+82-31-907-6233 |
Sales by
Region (Activity &
Markets)
The Subject imports
from China, India, Indonesia, Malaysia and Sudan.
Court
Action
Not Available.
News
Clipping
--
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.48.71 |
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UK Pound |
1 |
Rs.72.85 |
|
Euro |
1 |
Rs.64.70 |
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%)