MIRA INFORM REPORT

 

 

Report Date :

29.02.2008

 

 

IDENTIFICATION DETAILS

 

Name :

WON JI INTERNATIONAL INC.

 

 

Registered Office :

580-26, Sipjeong 2-dong, Bupyeong-gu, Incheon, Rm. 302, Gwaneum Bldg. 403-849

 

 

Country :

Korea

 

 

Date of Incorporation :

12.01.1990

 

 

Com. Reg. No.:

137-04-65337

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Hot Stamping, Hot Art Foil, Hot Stamping Machinery, Flexible Packaging Materials

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Concern

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

 

Basic

 

Company Name

WON JI INTERNATIONAL INC.

Registered Address

580-26, Sipjeong 2-dong, Bupyeong-gu, Incheon, Korea

Building

Rm. 302, Gwaneum Bldg.

Zip Code

403-849

Tel

+82-32-513-5411

Fax

+82-32-511-3330

E-mail

wonjiintl@hanafos.com;ybyou@wjintl.com

Website

www.wjintl.com

Trading Address

Rm. 302, Gwaneum Bldg., 580-26, Sipjeong 2-dong, Bupyeong-gu, Incheon, Korea

Tel

+82-32-528-3883  +82-32-503-2274

Fax

+82-32-528-8889

Type

Export

Industry

Wholesale of Other Goods n.e.c.

  Main Business

Hot Stamping, Hot Art Foil, Hot Stamping Machinery, Flexible Packaging Materials

Established (mm/dd/yyyy)

12/01/1990

 

The Subject occupies the premises of registered HQ address by leasing base.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Hot Stamping

Sell

Hot Art Foil

Sell

Hot Stamping Machinery

Sell

Flexible Packaging Materials

 

 

CEO’s

 

Name

You Yun-Bum

Title

Owner

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital

Not Applicable to the Sole Proprietorship

Employees

5

Formation

Sole Proprietorship

Bank Details

Industrial Bank of Korea-Guro Branch

Corporate Registered No.

Not Applicable to the Sole Proprietorship

Business Registered No.

137-04-65337

Permit & Licenses

Int’l Trade No.: 550457

Shareholder Position

The Owner has 100% shares.

Company History

12/01/1990 Established as the present name

Since the establishment, The Subject Company has been engaged in Flexible Packaging Materials manufacturer and specialized in manufacturing of Hot Stamping Foil / Heat Transferring Foil, Heat Sealable Laminating Pouch & Film, Flexible Packaging Materials and Aluminum Foil Container Manufacturing Machine and Tools.

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

Owner

Mr.

You Yun-Bum

Male

Korean

12/01/1990

 

 

Financials                                  Unit: KRW

 

The financial is not available, and the subject does not have any obligation to releases its financials to the public.

 

 

Financial Description             Unit: KRW

 

Authorized Capital

Not Applicable to the Sole Proprietorship

Paid-Up Capital

Not Applicable to the Sole Proprietorship

Total Issues Shares

Not Applicable to the Sole Proprietorship

 

 

Products, Technologies, Services Description

 

Main Products & Services

Pressor for making Aluminum Foil Containers

Moulds for Aluminum Foil Containers

Hot Stamping Foil

Flexible packing materials & Relative Machinery

 

 

Related Parties (Subsidiaries, Joint-Venture & Affiliates)

 

Overseas Office

601, Auto Commerce House, Kennedy Bridge, Bombay 400 007 India

 

 

Sales by Region (Activity & Markets)

 

The Subject deals with the companies in India.

 

Court Action

 

Not Available.

 

News Clipping

-

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions