MIRA INFORM REPORT

 

 

Report Date :

30.08.2011

 

IDENTIFICATION DETAILS

 

Name :

HERA PHARM CO., LTD.

 

 

Registered Office :

3FL., Gyohak Bldg. 1100-4, Hwagokbon-dong, Gangseo-gu, Seoul, Korea 157-010

 

 

Country :

South Korea

 

 

Date of Incorporation :

11.06.2008

 

 

Legal Form :

Co., Ltd by shares

 

 

Line of Business :

Wholesale of Pharmaceuticals

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

South Korea

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Basic Information

 

Company Name

HERA PHARM CO., LTD.

(Korean Company Name : “()헤라팜”)

Registered Address

1100-4, Hwagokbon-dong, Gangseo-gu, Seoul, Korea

Building

3FL., Gyohak Bldg.

Zip Code

157-010

Tel

+82-2-741-7592

Fax

+82-2-741-7593

E-mail

ckr@herapharm.co.kr;heramoll@hanmail.net

Website

 

Trading Address

3FL., Gyohak Bldg., 1100-4, Hwagokbon-dong, Gangseo-gu, Seoul, Korea

Tel

+82-2-741-7592

Fax

+82-2-741-7593

Type

Export/Import

Industry

Wholesale of Pharmaceuticals

  Main Business

Pharmaceutical Products, Medical Devices, Information Providing for Hospital Operational Information, Software Development

  Sub Business

Drugs & Pharmaceutical Products

Established (mm/dd/yyyy)

06/11/2008

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

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Drugs and Pharmaceutical Products(51000000)

 

 

CEO’s

 

Name

Jeong Dae-Youn(Mobile : +82-19-220-5089)

Address

Suite 107-1805, 10, Jeonnong-dong, Dongdaemun-gu, Seoul, Korea

Date of Birth

11/18/1968

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

210,000,000

Employees

7

Formation

Co., Ltd by shares

Bank Details

N/A

Corporate Registered No.

110111-3912957

Business Registered No.

109-86-13*** (The full numbers are kept by the National Tax Service confidentially.)

Permit & Licenses

N/A

Shareholder Position

N/A

Company History

06/11/2008 Incorporated as the present name

07/13/2010 Moved to the present HQ address from 3rd Fl., Daehan Bldg., 71-4, Hwagokbon-dong, Gangseo-gu, Seoul, Korea

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

Mr.

Jeong Dae-Youn

Male

Korean

06/11/2008

Director

Mr.

Lim Hyung-Mook

Male

Korean

06/11/2008

Auditor

Mr.

Jang Jin-Seok

Male

Korean

06/11/2008

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2010

 

 

 

2009

 

 

 

2008

288,000,000

 

 

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

 

Authorized Capital(KRW)

840,000,000

Paid-Up Capital(KRW)

210,000,000

Total Issues Shares

42,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Pharmaceutical Products, Medical Devices, Information Providing for Hospital Operational Information, Software Development

 


Trade Partners & Competitors

 

Suppliers

LIGHT MEDICAL(USA)

Competitors

GEO-YOUNG CORPORATION

421-1, YEONHUI-DONG, SEODAEMUN-GU, SEOUL, KOREA

TEL:+82-2-3662-8222  FAX:+82-2-3141-6492

 

BONA MEDICAL SUPPLY CO., LTD.

787, JUNG-RI, DONGTAN-MYEON, HWASEONG-SI, GYEONGGI-DO, KOREA

TEL:+82-31-377-8091  FAX:+82-31-377-8095

 

BOKSAN PHARM. CO., LTD.

825-13, BEOMIL 2-DONG, DONG-GU, BUSAN, KOREA

TEL:+82-51-667-1511  FAX:+82-51-645-2365

 

 

Sales by Region

(Activity & Markets)

 

The Subject imports from USA.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.87

UK Pound

1

Rs.75.14

Euro

1

Rs.66.68

 

 

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

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

--

NB

                                       New Business

 

--

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.