MIRA
INFORM REPORT
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Report Date : |
05.03.2008 |
IDENTIFICATION
DETAILS
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Name : |
CST GLOBAL CO., LTD. |
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Registered Office : |
4-14, Ogeum-dong, Songpa-gu, Seoul, 5th Fl., Seu Bldg.138-855 |
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Country : |
Korea |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
12.05.2003 |
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Com. Reg. No.: |
215-86-50538 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Used Textile Machine, Plastic Machine, Cotton Yarn, Fabrics |
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 |
CST GLOBAL CO., LTD. |
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Registered Address |
4-14, Ogeum-dong, Songpa-gu, Seoul, Korea |
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Building |
5th Fl., Seu Bldg. |
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Zip Code |
138-855 |
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Tel |
+82-2-3401-9486 |
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Fax |
+82-2-3401-9953 |
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E-mail |
hyintl@hitel.net;hyintl888@hotmail.com |
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Trading Address |
5th Fl., Seu Bldg., 4-14, Ogeum-dong,
Songpa-gu, Seoul, Korea |
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Tel |
+82-2-3401-9486 |
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Fax |
+82-2-3401-9953 |
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Type |
Export/Import |
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Industry |
Wholesale of Other Industrial Machinery and Equipment |
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Main Business |
Used Textile Machine, Plastic Machine, Cotton Yarn, Fabrics |
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Sub Business |
Wholesale of Spun Fibers and Yarns |
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Established (mm/dd/yyyy) |
12/05/2003 |
The Subject
occupies the premises of registered HQ address by leasing base.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
|
Sell |
Textile processing machinery and
accessories(23121500) |
CEO’s
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Name |
Shin Dong-Yeoul |
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Address |
90-83, Sillim-dong, Gwanak-gu, Seoul, Korea |
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Date of Birth |
09/06/1974 |
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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 |
50,000,000 KRW |
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Employees |
2 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Suhyup Bank-Ogeum Dong Branch |
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Corporate Registered No. |
110111-2909864 |
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Business Registered No. |
215-86-50538 |
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Permit & Licenses |
Int’l Trade No.: 45230640 |
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Shareholder Position |
N/A |
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Company History |
12/05/2003
Incorporated as the present name 11/12/2004
Moved to the present address from 26-4, Geoyeo-dong, Songpa-gu, Seoul, Korea |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
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President & CEO |
Mr. |
Shin Dong-Yeoul |
Male |
Korean |
03/07/2005 |
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Director |
Mr. |
Park Yong-Sam |
Male |
Korean |
12/05/2003 |
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Director |
Mr. |
Park Myung-Seo |
Male |
Korean |
12/05/2003 |
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Auditor |
M/S. |
Nam Hyun-Jung |
Female |
Korean |
11/12/2004 |
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Managing Director |
Mr. |
Song Mhin-Seop |
Male |
Korean |
- |
Financials Unit: KRW
|
Year |
Sales |
Assets |
Net income |
|
2006 |
1,967,000,000 |
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|
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2005 |
2,786,000,000 |
180,000,000 |
53,000,000 |
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2004 |
1,539,000,000 |
340,000,000 |
25,000,000 |
|
2003 |
45,000,000 |
60,000,000 |
8,000,000 |
The latest & full 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 |
200,000,000 |
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Paid-Up
Capital |
50,000,000 |
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Total Issues Shares |
10,000 |
Balance
Sheet
|
Unit : Million Korean Won |
As of 12/31/2005 |
As of 12/31/2004 |
As of 12/31/2003 |
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Total Assets |
180 |
340 |
60 |
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Current Assets |
168 |
336 |
53 |
|
-Quick Assets |
168 |
310 |
53 |
|
-Inventories |
- |
26 |
- |
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Fixed Assets |
12 |
4 |
7 |
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-Investment |
10 |
- |
- |
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-Tangibles |
2 |
4 |
7 |
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-Intangibles |
- |
- |
- |
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Total Liabilities |
43 |
257 |
2 |
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Current Liabilities |
40 |
257 |
2 |
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Fixed Liabilities |
3 |
- |
- |
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Capital Stock |
50 |
50 |
50 |
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Capital Surplus |
- |
- |
- |
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Profit Surplus |
87 |
33 |
8 |
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Capital Adjustment |
- |
- |
- |
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Total Equity |
137 |
83 |
58 |
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Liab. & Shareholder’s Equity |
180 |
340 |
60 |
Income
Statement
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Unit : Million Korean Won |
As of 12/31/2005 |
As of 12/31/2004 |
As of 12/31/2003 |
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Sales |
2,786 |
1,539 |
45 |
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Cost of Sold Goods |
2,316 |
1,305 |
30 |
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Gross Profit |
469 |
234 |
15 |
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Selling & Admin. Expenses |
416 |
208 |
7 |
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Operating Income |
53 |
26 |
8 |
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Non-Operating Income |
1 |
- |
- |
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Non-Operating expenses |
1 |
1 |
- |
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Ordinary Income |
53 |
25 |
8 |
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Special Income |
- |
- |
- |
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Income Before Taxes |
53 |
25 |
8 |
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Income Taxes Expenses |
- |
- |
- |
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Net Income |
53 |
25 |
8 |
Products, Technologies, Services
Description
|
Main
Products & Services |
Jacquard Machine SOMI-Construction Food Processing Machinery Microfiber Industrial Machinery Baby Diaper Health Food Knitting Fabrics Yarn Textile Machinery & Parts |
Sales by
Region (Activity &
Markets)
The Subject deals with the companies in India, New Zealand, Vietnam and
Turkey.
Court Action
Not Available.
News Clipping
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%)