MIRA
INFORM REPORT
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Report Date : |
22.12.2011 |
IDENTIFICATION DETAILS
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Name : |
ATIS CORPORATION |
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Registered Office : |
B-501, Technology Innovation Center, Ulsan Techno Park 421, Daun-dong,
Jung-gu, Ulsan, Korea 681-802 |
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Country : |
South Korea |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
07.07.2009 |
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Com. Reg. No.: |
620-81-34166 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Manufacture of Other Work trucks, Lifting and Handling Equipment |
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No. of Employees : |
8 |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
South Korea |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Basic Information
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Company Name |
ATIS CORPORATION (Korean Company Name : (주)아티스) |
|
Registered Address |
421, Daun-dong, Jung-gu, Ulsan, Korea |
|
Building |
B-501, Technology Innovation Center, Ulsan Techno Park |
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Zip Code |
681-802 |
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Tel |
+82-70-7011-1891 |
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Fax |
+82-52-7016-1891 |
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E-mail |
autoatis@daum.net |
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Website |
www.autoatis.co.kr |
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Trading Address |
Rm. 307, Korea Institute of Science, Busan
National Univ., San 30, Jangjeon 2-dong, Geumjeong-gu, Busan, Korea |
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Tel |
+82-70-7011-1892 |
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Fax |
+82-70-7016-1891 |
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Other Address |
71-2, Deokgye-dong,
Yangsan-si, Gyeongsangnam-do, Korea |
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Tel |
+82-70-7013-1892 |
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Fax |
+82-52-7016-1891 |
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Type |
Export/Import |
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Industry |
Manufacture of Other Work trucks, Lifting and Handling Equipment |
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Main Business |
Automatic Guided Vehicle, Auto Packing Machine, Auto Traverser,
Unmanned Distribution Transfer System, Wrapping Machine, Strapping Machine,
Palletizer |
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Sub
Business |
|
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Established (mm/dd/yyyy) |
07/07/2009 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Lifting equipment and accessories(24101600) |
|
Sell |
Industrial trucks(24101500) |
|
Sell |
Industrial process machinery and equipment
and supplies(23150000) |
CEOs
|
Name |
Bae Sun-Il |
|
Address |
Suite 403-804, 7-1, Gulhwa-ri,
Beomseo-eup, Ulju-gun, Ulsan, Korea |
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Date of Birth |
05/05/1957 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital (KRW) |
300,000,000 |
|
Employees |
8 |
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Formation |
Co., Ltd by Shares Venture Business |
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Bank Details |
N/A |
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Corporate Registered No. |
230111-0156230 |
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Business Registered No. |
620-81-34166 |
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Permit & Licenses |
Intl Trade No.: 17105879 |
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Shareholder Position |
N/A |
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Company History |
07/07/2009 Incorporated as the present name 12/11/2009 Designated as a Venture Business 07/05/2010 Moved to the prese4nt HQ address
from B-504,
Technology Innovation Center, Ulsan Techno Park, 421, Daun-dong, Jung-gu,
Ulsan, Korea 11/11/2010 Increased the authorized shares to 100,000 shares from
20,000 shares 11/12/2010 Increased capital to 300,000,000 KRW from 150,000,000 KRW |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Bae Sun-Il |
Male |
Korean |
07/07/2009 |
|
Director |
M/S. |
Han Kyung-Ah |
Female |
Korean |
07/07/2009 |
|
Auditor |
Mr. |
Bae Won-Il |
Male |
Korean |
07/07/2009 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
1,106,729,000 |
901,834,000 |
125,955,000 |
|
|
2009 |
406,160,000 |
381,046,000 |
11,764,000 |
Financial Description
|
Authorized Capital(KRW) |
1,000,000,000 |
|
Paid-Up Capital(KRW) |
300,000,000 |
|
Total Issued Shares |
30,000 |
Balance
Sheet
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
901,834,000 |
381,046,000 |
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|
Current Assets |
823,733,000 |
333,027,000 |
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|
-Quick Assets |
- |
- |
|
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-Inventories |
- |
- |
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Fixed Assets |
78,101,000 |
48,019,000 |
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-Investment |
- |
- |
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-Tangibles |
- |
- |
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-Intangibles |
- |
- |
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Total Liabilities |
464,116,000 |
319,282,000 |
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Current Liabilities |
114,116,000 |
269,282,000 |
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Fixed Liabilities |
350,000,000 |
50,000,000 |
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Capital Stock |
300,000,000 |
50,000,000 |
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Capital Surplus |
- |
- |
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Profit Surplus |
137,718,000 |
11,764,000 |
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Capital Adjustment |
- |
- |
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Total Equity |
437,718,000 |
61,764,000 |
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Liab. & Shareholders Equity |
901,834,000 |
381,046,000 |
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Income
Statement
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
1,106,729,000 |
406,160,000 |
|
|
Cost of Sold Goods |
781,510,000 |
352,018,000 |
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Gross Profit |
325,219,000 |
54,142,000 |
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Selling & Admin. Expenses |
222,156,000 |
42,137,000 |
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Operating Income |
103,063,000 |
12,005,000 |
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Non-Operating Income |
350,000,000 |
50,000,000 |
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Non-Operating Expenses |
4,368,000 |
249,000 |
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Income Before Taxes |
127,046,000 |
11,764,000 |
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Income Taxes Expenses |
1,091,000 |
- |
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Net Income |
125,955,000 |
11,764,000 |
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Cash
Flows
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
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Cash Flows from Operating |
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-Net Income |
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-Exp. without Cash Outflow |
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-Revenue without Cash Inflows |
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-Changes in Asset/ & Liability |
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Cash Flows from Investing |
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-Cash Inflow from Investing |
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-Cash Outflows for Investing |
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Cash Flows from Financing |
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-Cash Inflows from Financing |
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-Cash Outflows from Financing |
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Increase/Decrease in Cash |
350,000,000 |
50,000,000 |
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Cash at the Beginning of Year |
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Cash at the End of Year |
4,368,000 |
249,000 |
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Products, Technologies, Services Description
|
Main Products & Services |
Automatic Guided Vehicle, Auto Packing Machine, Auto Traverser,
Unmanned Distribution Transfer System, Wrapping Machine, Strapping Machine,
Palletizer |
Trade Partners & Competitors
|
Customers |
NOVELIS KOREA LIMITED(175611-0003950) |
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Competitors |
ADVANCED MACHINE SYSTEM CO., LTD. 134B-7L, NAMDONG INDUSTRIAL COMPLEX, 705-6,
GOJAN-DONG, NAMDONG-GU, INCHEON, KOREA TEL:+82-32-816-7784 FAX:+82-32-815-7631 DAEYANG MECHATECH CO., LTD. 583, SISAN-RI, HALLIM-MYEON, GIMHAE-SI,
GYEONGSANGNAM-DO, KOREA TEL:+82-55-346-2890~2 FAX:+82-55-346-2893 GEUMSEONG AUTOMATION 151-2, CHEOGSAN-RI, NAMI-MYEON,
CHEONGWON-GUN, CHUNGCHEONGBUK-DO, KOREA TEL:+82-43-296-1361~3 FAX:+82-43-296-1364 |
Related Parties
(Subsidiaries,
Joint-Venture & Affiliates)
|
Cooperative Enterprise |
KOREA INSTITUTE OF INDUSTRIAL TECHNOLOGY (KITECH) |
Sales by Region
(Activity &
Markets)
Not Available.
Court Action
Not Available.
News Clipping
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.67 |
|
|
1 |
Rs.82.53 |
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Euro |
1 |
Rs.69.13 |
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 |
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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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
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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-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs 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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.