MIRA
INFORM REPORT
|
Report Date : |
26.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
hanoul technical co., ltd. |
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|
|
|
Registered Office : |
628-11, Dokjeong-ri, Jangan-myeon, Hwaseong-si,
Gyeonggi-do, Korea 445-944 |
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|
|
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Country : |
South Korea |
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|
|
|
Financials (as on) : |
31.12.2010 |
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|
|
|
Date of Incorporation : |
10.06.2004 |
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Com. Reg. No.: |
131-81-85428 |
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|
|
|
Legal Form : |
Co., Ltd by Shares |
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|
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Line of Business : |
Manufacture of Metal Cutting and Compressing Machines |
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|
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No. of Employees : |
31 |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Exists |
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 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Basic Information
|
Company
Name |
HANOUL TECHNICAL
CO., LTD. (Korean Company
Name : (주)한얼공업) |
|
Registered Address |
628-11, Dokjeong-ri, Jangan-myeon,
Hwaseong-si, Gyeonggi-do, Korea |
|
Building |
|
|
Zip Code |
445-944 |
|
Tel |
+82-31-358-0111 |
|
Fax |
+82-31-351-5511 |
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E-mail |
hanoul@untel.co.kr |
|
Website |
www.hanoul-tec.com |
|
Trading Address |
628-11, Dokjeong-ri, Jangan-myeon,
Hwaseong-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-358-0111 |
|
Fax |
+82-31-351-5511 |
|
Other Address-Daegu A/S Center |
528, Nowon-dong 1-ga,
Buk-gu, Daegu, Korea |
|
Tel |
+82-53-353-4520 |
|
Fax |
+82-53-359-1541 |
|
Other Address-Busan A/S Center |
389-2, Samnak-dong,
Sasang-gu, Busan, Korea |
|
Tel |
+82-51-303-9563~4 |
|
Fax |
+82-51-303-9565 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Metal Cutting and Compressing Machines |
|
Main Business |
Press Machine, Automation Devices |
|
Sub
Business |
|
|
Established (mm/dd/yyyy) |
06/10/2004 |
The Subject owns
the premises of registered HQ address.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Workshop presses(23171622) |
CEOs
|
Name |
Youn Hyung-Seob |
|
Address |
Suite 107-608, 401-7, Sosabon-dong,
Sosa-gu, Bucheon-si, Gyeonggi-do, Korea |
|
Date of Birth |
08/17/1957 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
1,305,000,000 |
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|
Employees |
31 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
Industrial Bank of Korea |
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Corporate Registered No. |
120111-0348137 |
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Business Registered No. |
131-81-85428 |
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Permit & Licenses |
07/2005 ISO 9001 09/2008 ISO 14001 Intl Trade No.: 14121496 |
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Shareholder Position |
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Company History |
06/10/2004 Incorporated as the present name 12/23/2010 Increased capital to
1,305,000,000 KRW from 1,000,000,000 KRW |
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|
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Youn Hyung-Seob |
Male |
Korean |
06/10/2011 |
|
Director |
Mr. |
Cho Kyung-Cheol |
Male |
Korean |
06/10/2011 |
|
Director |
M/S. |
Cho Hye-Jin |
Female |
Korean |
06/10/2011 |
|
Director |
Mr. |
Cho Eun-Tak |
Male |
Korean |
06/10/2011 |
|
Auditor |
Mr. |
Cho Il-Woo |
Male |
Korean |
06/10/2011 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
20,064,277,842 |
17,277,040,159 |
-412,453,321 |
|
|
2009 |
9,814,687,969 |
16,280,492,293 |
-640,781,872 |
|
2008 |
19,232,813,532 |
16,062,079,529 |
-2,216,910,114 |
Financial Description
|
Authorized Capital(KRW) |
2,000,000,000 |
|
Paid-Up Capital(KRW) |
1,305,000,000 |
|
Total Issued Shares |
261,000 |
Balance
Sheet
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
17,277,040,159 |
16,280,492,293 |
16,062,079,529 |
|
Current Assets |
7,281,203,452 |
7,058,502,626 |
6,760,528,378 |
|
-Quick Assets |
4,010,877,859 |
2,709,053,956 |
3,051,002,611 |
|
-Inventories |
3,270,325,593 |
4,349,448,670 |
3,709,525,767 |
|
Fixed Assets |
9,995,836,707 |
9,221,989,667 |
9,301,551,151 |
|
-Investment |
732,382,600 |
564,279,400 |
396,176,200 |
|
-Tangibles |
9,010,824,073 |
8,639,477,267 |
8,887,141,951 |
|
-Intangibles |
227,324,034 |
- |
- |
|
-Others |
25,306,000 |
18,233,000 |
18,233,000 |
|
Total Liabilities |
15,912,605,540 |
15,150,513,353 |
14,484,900,907 |
|
Current Liabilities |
12,309,475,129 |
10,067,368,516 |
7,988,936,635 |
|
Fixed Liabilities |
3,603,130,411 |
5,083,144,837 |
6,495,964,272 |
|
Capital Stock |
1,305,000,000 |
1,000,000,000 |
1,000,000,000 |
|
Capital Surplus |
- |
- |
- |
|
Profit Surplus |
-1,725,923,945 |
-1,313,470,624 |
-672,688,752 |
|
Capital Adjustment |
1,785,358,564 |
1,443,449,564 |
1,249,867,374 |
|
Total Equity |
1,364,434,619 |
1,129,978,940 |
1,577,178,622 |
|
Liab. & Shareholders Equity |
17,277,040,159 |
16,280,492,293 |
16,062,079,529 |
|
Current Liabilities |
12,309,475,129 |
10,067,368,516 |
7,988,936,635 |
|
Trade Payables |
3,265,066,357 |
3,807,390,568 |
3,513,312,247 |
|
Short-Term Borrowings |
2,420,475,596 |
2,367,108,034 |
2,443,613,593 |
|
Account Payables |
531,924,187 |
298,544,749 |
391,429,751 |
|
Short-Term Borrowings to Shareholders/ Executives/ Employees |
- |
335,000,000 |
- |
|
Advance Receipts |
3,091,189,389 |
1,222,267,552 |
965,755,140 |
|
Withholdings |
16,231,250 |
13,581,147 |
14,703,200 |
|
Accrued Expenses |
15,338,266 |
11,271,192 |
18,068,903 |
|
Current Portion of Long-Term Debts |
2,969,250,084 |
2,012,205,274 |
642,053,801 |
|
Fixed Liabilities |
3,603,130,411 |
5,083,144,837 |
6,495,964,272 |
|
Long-Term Borrowings |
3,449,851,660 |
4,942,697,226 |
6,356,907,449 |
|
Provision for Severance & Retirement |
158,427,078 |
140,447,611 |
139,056,823 |
Income
Statement
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
20,064,277,842 |
9,814,687,969 |
19,232,813,532 |
|
Cost of Sold Goods |
17,586,725,351 |
8,432,963,221 |
16,802,506,291 |
|
Gross Profit |
2,477,552,491 |
1,381,724,748 |
2,430,307,241 |
|
Selling & Admin. Expenses |
2,444,943,461 |
1,833,907,831 |
2,498,673,749 |
|
Operating Income |
32,609,030 |
-452,183,083 |
68,366,508 |
|
Non-Operating Income |
665,941,929 |
715,912,689 |
527,865,890 |
|
Non-Operating Expenses |
1,111,004,280 |
904,511,478 |
2,819,985,068 |
|
Income Before Taxes |
-412,453,321 |
-640,781,872 |
-2,360,485,686 |
|
Income Taxes Expenses |
- |
- |
-143,575,572 |
|
Net Income |
-412,453,321 |
-640,781,872 |
2,216,910,114 |
Cash
Flows
|
Unit :
Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows
from Operating |
812,885,423 |
-321,512,171 |
-740,122,781 |
|
-Net Income |
-412,453,321 |
-640,781,872 |
-2,216,910,114 |
|
-Exp.
without Cash Outflow |
1,271,203,637 |
739,133,792 |
2,580,094,464 |
|
-Revenue
without Cash Inflows |
-326,580,960 |
-438,135,297 |
-16,451,796 |
|
-Changes in
Asset/ & Liability |
280,716,067 |
18,271,206 |
-1,086,855,335 |
|
Cash Flows
from Investing |
-573,734,272 |
-221,320,229 |
-861,770,661 |
|
-Cash Inflow
from Investing |
319,947,010 |
19,911,328 |
0 |
|
-Cash Outflows
for Investing |
-893,681,282 |
-241,231,557 |
-861,770,661 |
|
Cash Flows
from Financing |
-214,133,194 |
635,000,000 |
810,000,000 |
|
-Cash
Inflows from Financing |
697,615,729 |
635,000,000 |
833,343,898 |
|
-Cash
Outflows from Financing |
-911,748,923 |
0 |
-23,343,898 |
|
Increase/Decrease
in Cash |
25,017,957 |
92,167,600 |
-791,893,442 |
|
Cash at the
Beginning of Year |
181,253,964 |
89,086,364 |
880,979,806 |
|
Cash at the
End of Year |
206,271,921 |
181,253,964 |
89,086,364 |
(*)The Subject
needs to be monitored because Net Incomes for recent 3 consecutive years were
all negative figures.
Products, Technologies, Services Description
|
Main Products & Services |
Press Machine, Automation Devices |
Trade Partners & Competitors
|
Suppliers |
HANKOOK MACHINE TOOLS CO.,LTD.( 194211-0000464) S&T DYNAMICS CO.,LTD(110111-0042880) NAMSUN PRECISION MACHINERY CO., LTD.(160111-0013857) |
|
Competitors |
IDH CO., LTD. 201, PAHO-DONG, DALSEO-GU, DAEGU, KOREA TEL:+82-53-582-7900 FAX:+82-53-582-3334 HYUNDAI WIA CORPORATION 391-8, GAEUMJEONG-DONG, SEONGSAN-GU,
CHANGWON-SI, GYEONGSANGNAM-DO, KOREA TEL:+82-55-280-9114 FAX:+82-55-285-9186 SEIL PRECISION MACHINERY CO., LTD. 48-10, SEOKJEONG-RI, DAEGOT-MYEON, GIMPO-SI,
GYEONGGI-DO, KOREA TEL:+82-31-998-7111 FAX:+82-31-998-7145 |
Sales by Region
(Activity &
Markets)
Not Available.
Court Action
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (Million KRW) |
Status |
|
|
|
Woori Press Co., Ltd.(Korea) |
The Subject Company |
Related to Patent Rights |
- |
2 cases are Proceeding |
News Clipping
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.72 |
|
|
1 |
Rs.82.70 |
|
Euro |
1 |
Rs.68.90 |
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 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.