MIRA
INFORM REPORT
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Report Date : |
13.06.2011 |
IDENTIFICATION DETAILS
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Name : |
LEE-SHINE CO., LTD. |
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Registered Office : |
LS Bldg.458, Daeheung-dong, Mapo-gu,
Seoul, Korea 121-811 |
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Country : |
South Korea |
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Date of Incorporation : |
29.01.1999 |
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Com. Reg. No.: |
105-81-97492 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Manufacture of Imitation Precious Metals and Ornamentations |
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 |
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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
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Company
Name |
LEE-SHINE CO., LTD. (Korean Company Name : “(주)리샤인코퍼레이션”) |
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Registered Address |
458, Daeheung-dong, Mapo-gu, Seoul, Korea |
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Building |
LS Bldg. |
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Zip Code |
121-811 |
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Tel |
+82-2-718-9780 |
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Fax |
+82-2-718-9782 |
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E-mail |
info@lsbodyjewelry.com |
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Website |
www.lsbodyjewelry.co.kr |
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Trading Address |
LS Bldg., 458, Daeheung-dong, Mapo-gu,
Seoul, Korea |
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Tel |
+82-2-718-9780 |
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Fax |
+82-2-718-9782 |
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Type |
Export/Import |
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Industry |
Manufacture of Imitation Precious Metals and Ornamentations |
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Main Business |
Body Piercing Jewelry, Fashion Accessories, Piercing Accessories,
Piercing Jewelry |
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Sub
Business |
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Established (mm/dd/yyyy) |
01/29/1999 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Body jewelry(54101605) |
CEO’s
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Name |
Lee Tae-Yeol |
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Address |
Suite 501, 458, Daeheung-dong,
Mapo-gu, Seoul, Korea |
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Date of Birth |
04/25/1956 |
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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 (KRW) |
100,000,000 |
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Employees |
30 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
Woori Bank-Mapo Branch |
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Corporate Registered No. |
110111-1642613 |
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Business Registered No. |
105-81-97492 |
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Permit & Licenses |
Int’l Trade No.: 11524559 |
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Shareholder Position |
N/A |
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Company History |
05/08/1998 Established as Sole
Proprietorship 01/29/1999 Incorporated as the present name 02/26/2000 Increased capital to 100,000,000
KRW from 50,000,000 KRW |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Lee Tae-Yeol |
Male |
Korean |
01/29/1999 |
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Director |
Mr. |
Jin Sang-Won |
Male |
Korean |
01/29/1999 |
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Auditor |
M/S. |
Shin Hye-Yong |
Female |
Korean |
01/29/1999 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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2009 |
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2008 |
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2007 |
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2006 |
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2005 |
2,340,000,000 |
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2004 |
2,404,000,000 |
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2003 |
3,300,000,000 |
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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
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Authorized Capital(KRW) |
200,000,000 |
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Paid-Up Capital(KRW) |
100,000,000 |
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Total Issues Shares |
20,000 |
Products, Technologies, Services Description
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Main Products & Services |
Fashion Accessories, Piercing Accessories, Piercing Jewelry |
Trade Partners & Competitors
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Competitors |
JISEONG NEW TECHNOLOGY CO., LTD. 302-16, HWAYANG-DONG, GWANGJIN-GU, SEOUL,
KOREA TEL:+82-2-447-6393 FAX:+82-2-452-5770 LEE-SHINE CO., LTD. LS BLDG., 458, DAEHEUNG-DONG, MAPO-GU,
SEOUL, KOREA TEL:+82-2-718-9780~1 FAX:+82-2-718-9782 UNITED KOREA CO., LTD. 1ST FL., CROSS BLDG., 46-6, NAMSANDONG
2-GA, JUNG-GU, SEOUL, KOREA TEL:+82-2-771-4425 FAX:+82-2-771-4497 |
Sales by Region
(Activity &
Markets)
The Subject deals with
the companies in China, Japan, USA, Europe, South America and South East Asia.
Court Action
Not Available.
News Clipping
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.72 |
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|
1 |
Rs.72.93 |
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Euro |
1 |
Rs.64.72 |
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 |
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 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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.