MIRA
INFORM REPORT
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Report Date : |
28.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
A-JIN INC. |
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Registered Office : |
209, Daeyeon 3-dong, Nam-gu, Busan, 608-806 |
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Country : |
Korea |
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Date of Incorporation : |
01.27.1967 |
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Com. Reg. No.: |
617-81-00544 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Wholesale of Industrial Basic Chemicals |
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 : |
No Complaints |
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Litigation : |
Clear |
Basic
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Company
Name |
A-JIN INC. |
|
Registered Address |
209, Daeyeon 3-dong,
Nam-gu, Busan, Korea |
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Zip Code |
608-806 |
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Tel |
+82-51-622-3171~4 |
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Fax |
+82-51-622-4865 |
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E-mail |
yckim@ujinchem.co.kr;mjkim@nuri.net |
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Website |
www.ujinchem.co.kr |
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Trading Address- Seoul Office |
Suite 2406,
Masters Tower, 553 Dohwa-dong, Mapo-ku, Seoul 121-040 Korea |
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Tel |
+82-2-711-3291 |
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Fax |
+82-2-711-3292 |
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Type |
Import/Export |
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Industry |
Wholesale of Industrial Basic Chemicals |
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Main Business |
Phthalic Anhydride, Isophthalic Acid |
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Established (mm/dd/yyyy) |
01/27/1967 |
The Subject owns
the premises of registered address.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
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Sell |
Plasticizers(12162000) |
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Sell |
Aromatic or heterocyclic compounds(12352005) |
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Sell |
Chemical engineering(81101800) |
CEO’s
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Name |
Kim Myung-Jin |
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Address |
Suite 2406, Masters Tower, 553 Dohwa-dong,
Mapo-ku, Seoul 121-040 Korea |
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Date of Birth |
04/20/1951 |
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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 |
188,344,000 KRW |
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Employees |
2 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Kookmin Bank |
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Corporate Registered No. |
180111-0002707 |
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Business Registered No. |
617-81-00544 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
01/27/1967 Incorporate as A-Jin Chemical
Co., Ltd. 07/13/1992 Changed company name to the
present name |
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
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President & CEO |
Mr. |
Kim Myung-Jin |
Male |
Korean |
02/05/2007 |
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Director |
Mr. |
Kim Yong-Chul |
Male |
Korean |
02/05/2007 |
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Auditor |
Mr. |
Yang Soo-Bok |
Male |
Korean |
02/05/2007 |
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Supervisor |
Mr. |
Kim Bo-Kwon |
Male |
Korean |
07/11/1995 |
Financials
Unit: KRW
|
Year |
Sales |
Assets |
Net income |
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2005 |
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2004 |
1,050,000,000 |
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2003 |
536,000,000 |
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The financial is not available, and the
subject does not have any obligation to releases its financials to the public.
Financial Description
Unit: KRW
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Authorized
Capital |
250,000,000 |
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Paid-Up
Capital |
188,344,000 |
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Total Issues Shares |
23,543 |
Products, Technologies, Services
Description
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Main
Products & Services |
Formaldehyde And Its Derivatives Pentaerythritol Hexamine Sodium Formate Paraformaldehyde Other Related Chemical Products |
Trade
Partners
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Suppliers |
VARN INTERNATIONAL-USA DAY INTERNATIONAL-USA CHEMSTAR CORP.-JAPAN JOHN ZINK-USA WEECO-USA |
Sales by
Region (Activity &
Markets)
The Subject deals with the companies in India, Japan, Kenya, UAE, Egypt
and USA.
Court
Action
Not Available.
News
Clipping
--
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.42.79 |
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UK Pound |
1 |
Rs.85.04 |
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Euro |
1 |
Rs.67.39 |
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%)