MIRA INFORM REPORT

 

 

 

Report Date :

01.07.2011

 

IDENTIFICATION DETAILS

 

Name :

PETAMEDIA, INC.

 

 

Registered Office :

680, Gasan-dong, Geumcheon-gu, Seoul, Korea, Rm. 317, Woolim Lion`s Valley 2-cha 153-776

 

 

Country :

South Korea

 

 

Date of Incorporation :

28.04.2003

 

 

Com. Reg. No.:

105-86-53295

 

 

Legal Form :

Co., Ltd by shares

 

 

Line of Business :

Wholesale of Computers, Computer Peripheral Equipment and Software

 

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

 

Company Name

PETAMEDIA, INC.

(Korean Company Name : “(주)페타미디어”)

Registered Address

680, Gasan-dong, Geumcheon-gu, Seoul, Korea

Building

Rm. 317, Woolim Lion`s Valley 2-cha

Zip Code

153-776

Tel

+82-2-2027-3250

Fax

+82-2-2027-3257

E-mail

stepstone@petamedia.co.kr

Website

www.petamedia.co.kr

Trading Address

Rm. 317, Woolim Lion`s Valley 2-cha, 680, Gasan-dong, Geumcheon-gu, Seoul, Korea

Tel

+82-2-2027-3250

Fax

+82-2-2027-3257

Other Address

Rm.1001~1002, Woolim Bluenine, 240-1, Yeomchang-dong, Gangseo-gu, Seoul, Korea

Type

Export/Import

Industry

Wholesale of Computers, Computer Peripheral Equipment and Software

  Main Business

CD-R Blank Disc, DVD-R Blank Disc, DVD Re-Writer, Universal Remocon, HDTV Antenna, DTOA Box, FM Modulator, Chemistry Materials

Established (mm/dd/yyyy)

04/28/2003

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Digital video disk players or recorders(52161516)

 

 

CEO’s

 

Name

Lee Joon-Pyo

Address

Suite 317-401, 4, Wonmun-dong, Gwacheon-si, Gyeonggi-do, Korea

Date of Birth

10/23/1968

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital

200,000,000 KRW

Employees

8

Formation

Co., Ltd by shares

Bank Details

Industrial Bank of Korea-Seo Shihwa Branch

Corporate Registered No.

110111-2769490

Business Registered No.

105-86-53295

Permit & Licenses

N/A

Shareholder Position

N/A

Company History

04/28/2003 Incorporated as the present name

12/27/2006 Moved to the present HQ address from 8-51, Yongmun-dong, Yongsan-gu, Seoul, Korea

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

Mr.

Lee Joon-Pyo

Male

Korean

03/22/2009

Director

Mr.

Jung Jae-Ki

Male

Korean

03/22/2009

Auditor

M/S.

Park Hye-Ryun

Female

Korean

03/22/2009

 

 

Financials                                            

 

 

 

 

    Unit: KRW

Year

Sales

Assets

Net Income

2009

 

 

 

2008

 

 

 

2007

5,460,000,000

1,709,000,000

46,000,000

2006

4,980,000,000

1,072,000,000

93,000,000

2005

1,850,000,000

515,000,000

10,000,000

2004

1,720,000,000

 

 

2003

1,400,000,000

 

 

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                                  

 

 

     Unit: KRW

Authorized Capital

400,000,000

Paid-Up Capital

200,000,000

Total Issues Shares

400,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Universal Remocon

Digital Antenna

Digital Accessories

 

Brand Name : Miffy, Hello Kitty

 

 

Trade Partners & Competitors

 

Suppliers

BENQ(TAIWAN)

TESCO(UK)

DICK BRUNA(NETHERLANDS)

YAGI ANTENNA(JAPAN)

Customers

GRUNDIG(TURKEY)

VIDEOCON(INDIA)

 

And the subject sells through major marts including E-Mart, Homeplus, Lotte Mart, COSTCO and GS Mart, and online shopping malls including GS eshop, CJ Mall, Lotte.Com, Interpark and G Market.

Competitors

I-SOUND CO., LTD.

2-601, ACE HIGHTECH CITY, 55-20, MULLAEDONG 3-GA, YEONGDEUNGPO-GU, SEOUL, KOREA

TEL:+82-2-2663-7100  FAX:+82-2-2663-7116

 

KYUNG IN ELECTRONICS CO., LTD.

RM. 1411, BYUCKSAN DIGITAL VALLEY 2-CHA, 481-10, GASAN-DONG, GEUMCHEON-GU, SEOUL, KOREA

TEL:+82-2-2113-2000  FAX:+82-2-869-9900

 

SESS CO., LTD.

3RD FL., DAEA BLDG., 1720, SANGYEOK 2-DONG, BUK-GU, DAEGU, KOREA

TEL:+82-53-383-0677  FAX:+82-53-384-0675

 

 

Sales by Region (Activity & Markets)

 

The Subject deals with the companies in Australia, China, Taiwan, France, Saudi Arabia and Egypt.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.72

UK Pound

1

Rs.71.95

Euro

1

Rs.64.79

 

 

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

 

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.