MIRA INFORM
REPORT
|
Report Date : |
29.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
GS GLOBAL CORP |
|
|
|
|
Registered Office : |
679, Yeoksam 1-dong, Gangnam-gu, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
30.06.2010 |
|
|
|
|
Date of Incorporation : |
31.07.1954 |
|
|
|
|
Com. Reg. No.: |
202-81-33028 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Wholesale of Non-Specialized Goods. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment
Behaviour : |
No Complaints |
|
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 – 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 |
GS GLOBAL CORP. (Korean Company Name : “(주)지에스글로벌”) |
|
Registered
Address |
679, Yeoksam 1-dong, Gangnam-gu, |
|
Building |
10th FI., GS |
|
Zip Code |
135-985 |
|
Tel |
+82-2-2005-5300 |
|
Fax |
+82-2-2005-5301 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
10th FI., GS Gangnam Tower, 679, Yeoksam
1-dong, Gangnam-gu, |
|
Tel |
+82-2-2005-8300 |
|
Fax |
+82-2-2005-8301 |
|
Other Address-Logistics Team |
381-5, Wonchang-dong, Seo-gu, |
|
Tel |
+82-32-573-8460 |
|
Fax |
+82-32-573-8465 |
|
Other Address-Leisure Sports Business |
154-2, Choil-dong, Hanam-si, |
|
Tel |
+82-31-792-5952 |
|
Fax |
+82-31-792-5993 |
|
Other Address-Machinery Import Team |
A-903, SK Twin Tech Tower, 345-9,
Gasan-dong, Geumcheon-gu, |
|
Tel |
+82-2-866-5600 |
|
Fax |
+82-2-862-5649 |
|
Type |
Export/Import |
|
Industry |
Wholesale of Non-Specialized Goods |
|
Main
Business |
Iron & Steel Products, Chemicals, Cement, Machinery, Plants |
|
Established
(mm/dd/yyyy) |
07/31/1954 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Clothing(53100000) |
|
Sell |
Steel(11101704) |
|
Sell |
Cement(30111601) |
|
Sell |
Network service equipment(43222600) |
|
Sell |
Cooking or table salt(50171551) |
|
Sell |
Inorganic compounds(12352300) |
|
Sell |
Processed and synthetic rubber(13101600) |
|
Sell |
Storage(78130000) |
|
Sell |
Solid and gel fuels(15101600) |
|
Sell |
Chemicals including Bio Chemicals and Gas
Materials(12000000) |
|
Sell |
Industrial
Manufacturing and Processing Machinery and Accessories(23000000) |
CEO’s
|
Name |
Jung Taik-Keun |
|
Address |
|
|
Date of Birth |
11/30/1953 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital |
28,178,471,882 KRW |
||||||||||||||||||
|
Employees |
185 |
||||||||||||||||||
|
Formation |
Listed Company( A Company of GS Group |
||||||||||||||||||
|
Bank Details |
Shinhan Bank-Central Branch Woori Bank |
||||||||||||||||||
|
Corporate Registered No. |
110111-0031479 |
||||||||||||||||||
|
Business Registered No. |
202-81-33028 |
||||||||||||||||||
|
Permit & Licenses |
Int’l Trade No.: 670203 |
||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||
|
Company History |
07/31/1954 Incorporated as Kumsung
Industries Co., Ltd. 03/20/1972 Changed company name to
Ssangyong Industries Co., Ltd. 05/27/1975 Designated as a general trading company 12/01/1975 Changed company name to Ssangyong Corporation 11/2009 Moved to the present HQ address from 24-1, Jeodong 2-ga,
Jung-gu, 07/21/2009 Changed company name to the present name 11/2009 Moved to the present HQ address from 24-1, Jeo-dong 2-ga,
Jung-gu, |
||||||||||||||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
President & CEO |
Mr. |
Jung Taik-Keun |
Korean |
1953.11.30 |
|
|
Executive Director & CFO |
Mr. |
Kim Seok-Hwan |
Korean |
1962.12.12 |
|
|
Director |
Mr. |
Seo Kyung-Seok |
Korean |
1947.12.23 |
|
|
Director |
Mr. |
Kim Byung-Yeol |
Korean |
1954.10.01 |
|
|
Director |
Mr. |
Yoon Il-Joong |
Korean |
1953.07.29 |
|
|
Outside Director |
Mr. |
Lee Soo-Ho |
Korean |
1944.02.08 |
|
|
Outside Director |
Mr. |
Ahn Jong-Won |
Korean |
1948.01.24 |
|
|
Outside Director |
Mr. |
Kim Young-Seob |
Korean |
1950.02.13 |
|
Financials
Unit:
KRW
|
Year |
Sales |
Assets |
Net Income |
|
560,162,841,842 |
209,147,604,855 |
11,696,022,261 |
|
|
2009 |
1,153,563,497,667 |
152,504,740,325 |
24,401,357,182 |
|
2008 |
1,303,117,078,277 |
145,633,611,686 |
27,205,755,897 |
|
2007 |
1,050,359,245,212 |
106,953,182,431 |
9,588,004,175 |
|
2006 |
936,707,087,308 |
126,790,504,103 |
7,139,644,578 |
|
2005 |
1,476,005,249,828 |
195,240,508,293 |
1,856,850,261 |
|
2004 |
1,479,830,933,063 |
238,510,768,978 |
9,274,434,544 |
Financial Description
Unit: KRW
|
Authorized Capital |
1,000,000,000,000 |
|
Paid-Up Capital |
28,178,471,882 |
|
Total Issues Shares |
11,266,882 |
Balance
Sheet
|
|||
|
Unit : Korean Won |
01/01/2010~06/30/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
209,147,604,855 |
152,504,740,325 |
145,633,611,686 |
|
Current Assets |
152,180,633,908 |
94,694,131,746 |
90,968,371,762 |
|
-Quick Assets |
123,135,333,027 |
76,537,694,177 |
64,641,162,011 |
|
-Inventories |
29,045,300,881 |
18,156,437,569 |
26,327,209,751 |
|
Fixed Assets |
56,966,970,947 |
57,810,608,579 |
54,665,239,924 |
|
-Investment |
25,247,978,469 |
26,583,266,538 |
27,357,268,031 |
|
-Tangibles |
4,429,930,167 |
2,931,642,505 |
2,288,990,713 |
|
-Intangibles |
139,466,418 |
1,483,944,172 |
1,702,030,124 |
|
-Others |
27,149,595,893 |
26,811,755,364 |
23,316,951,056 |
|
Total Liabilities |
122,160,161,714 |
72,446,674,484 |
81,429,086,344 |
|
Current Liabilities |
117,414,598,350 |
68,694,746,689 |
78,085,068,279 |
|
Fixed Liabilities |
4,745,563,364 |
3,751,927,795 |
3,344,018,065 |
|
Capital Stock |
28,167,205,000 |
28,167,205,000 |
26,698,805,000 |
|
Capital Surplus |
16,424,350,252 |
16,424,350,252 |
10,030,427,664 |
|
Profit Surplus |
44,906,197,082 |
43,902,260,334 |
36,793,760,072 |
|
Capital Adjustment |
(-)2,510,309,193 |
(-)8,435,749,745 |
(-)9,318,467,394 |
|
Total Equity |
86,987,443,141 |
80,058,065,841 |
64,204,525,342 |
|
Liab. & Shareholder’s Equity |
209,147,604,855 |
152,504,740,325 |
145,633,611,686 |
|
Current
Liabilities |
117,414,598,350 |
68,694,746,689 |
78,085,068,279 |
|
Current Portion of Long-Term Debts |
- |
- |
6,000,000,000 |
|
Trade Payables |
106,594,215,440 |
56,091,638,295 |
50,061,707,379 |
|
Short-Term Borrowings |
1,543,003,429 |
93,027,244 |
8,500,000,000 |
|
Account Payables |
253,614,857 |
236,789,547 |
1,289,835,300 |
|
Advance Receipts |
817,711,987 |
1,008,838,892 |
4,703,465,413 |
|
Withholdings |
2,077,085,169 |
2,893,532,034 |
1,425,299,263 |
|
Accrued Expenses |
5,889,831,461 |
6,870,962,747 |
4,844,224,649 |
|
Accrued Income Tax |
- |
1,108,724,370 |
- |
|
Derivatives |
239,136,007 |
391,233,560 |
1,260,536,275 |
|
Fixed
Liabilities |
4,745,563,364 |
3,751,927,795 |
3,344,018,065 |
|
Provision for Severance & Retirement |
4,842,913,517 |
3,844,718,259 |
3,328,573,741 |
|
Guarantee Deposit Withhold |
58,041,146 |
57,999,789 |
167,136,942 |
Income
Statement
|
|||
|
Unit : Korean Won |
01/01/2010~06/30/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
560,162,841,842 |
1,153,563,497,667 |
1,303,117,078,277 |
|
Cost of Sold Goods |
540,025,380,431 |
1,092,703,240,992 |
1,245,328,856,678 |
|
Gross Profit |
20,137,461,411 |
60,860,256,675 |
57,788,221,599 |
|
Selling & Admin. Expenses |
14,632,350,572 |
25,568,467,639 |
24,959,635,805 |
|
Operating Income |
5,505,110,839 |
35,291,789,036 |
32,828,585,794 |
|
Non-Operating Income |
23,458,089,807 |
46,584,531,981 |
63,692,343,693 |
|
Non-Operating Expenses |
17,267,178,385 |
56,366,239,465 |
69,315,173,590 |
|
Ordinary Income |
11,696,022,261 |
25,510,081,552 |
27,205,755,897 |
|
Special Income |
- |
- |
- |
|
Income Before Taxes |
11,696,022,261 |
25,510,081,552 |
27,205,755,897 |
|
Income Taxes Expenses |
- |
1,108,724,370 |
- |
|
Net Income |
11,696,022,261 |
24,401,357,182 |
27,205,755,897 |
Cash
Flows
|
|||
|
Unit : Korean Won |
01/01/2010~06/30/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows from Operating |
(-)1,649,936,644 |
50,814,240,546 |
18,568,177,889 |
|
-Net Income |
11,696,022,261 |
24,401,357,182 |
27,205,755,897 |
|
-Exp. without Cash Outflow |
7,080,258,162 |
16,188,862,024 |
15,003,057,667 |
|
-Revenue without Cash Inflows |
(-)10,690,319,067 |
(-)7,042,502,866 |
(-)6,065,168,930 |
|
-Changes in Asset/ & Liability |
(-)9,735,898,000 |
17,266,524,206 |
(-)17,575,466,745 |
|
Cash Flows from Investing |
9,035,930,595 |
412,366,279 |
(-)12,246,151,257 |
|
-Cash Inflow from Investing |
17,104,977,421 |
7,638,113,532 |
67,530,254,771 |
|
-Cash Outflows for Investing |
(-)8,069,046,826 |
(-)7,225,747,253 |
(-)79,776,406,028 |
|
Cash Flows from Financing |
(-)4,204,543,628 |
(-)26,707,557,491 |
624,917,908 |
|
-Cash Inflows from Financing |
1,502,643,616 |
5,253,603,363 |
8,500,000,000 |
|
-Cash Outflows from Financing |
(-)5,707,187,244 |
(-)31,961,160,854 |
(-)7,875,082,092 |
|
Increase/Decrease in Cash |
3,181,450,323 |
24,519,049,334 |
6,946,944,540 |
|
Cash at the Beginning of Year |
46,788,532,801 |
22,269,483,467 |
15,322,538,927 |
|
Cash at the End of Year |
49,969,983,124 |
46,788,532,801 |
22,269,483,467 |
Products,Technologies,Services
Description
|
Main Products & Services |
CEMENT MATERIAL Cement, Cement Clinker, Special
Cement(Micem, Etc) ENERGY -Bituminous Coal, Anthracite -Gypsum, Petroleum Coke PETROCHEMICAL -Aromatics -Fiber Intermediates -Polymers (Plastics) -Chemical products STEEL & METAL MACHINERY -Industrial Products & Materials -Sparkignition Engine, Engine Parts, Water
Pump, Lawn Mower, Brush Cutter LOGISTICS SERVICES -PDI (Pre-Delivery Inspection) Service LEISURE SPORTS BUSINESS |
Trade
Partners & Competitors
|
Suppliers |
HONDA |
|
Competitors |
SK NETWORKS CO.,
LTD. 4, PYEONG-DONG, GWONSEON-GU, SUWON-SI,
GYEONGGI-DO 441-230 TEL:+82-2-2221-2016 FAX:+82-2-2221-0080 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS HYUNDAI
CORPORATION HUNGKUK LIFE INSURANCE BD 226, SINMUNNO
1-GA, JONGNO-GU, TEL:+82-2-390-1114 FAX:+82-2-390-1101 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS DAEWOO
INTERNATIONAL CORPORATION DAEWOO CENTER BLDG., 541, NAMDAEMUNNO 5-GA,
JUNG-GU, TEL:+82-2-759-2114 FAX:+82-2-753-9489 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS HYOSUNG
CORPORATION HYOSUNG BLDG., 450, GONGDEOK 2-DONG,
MAPO-GU, TEL:+82-2-707-7000 FAX:+82-2-707-0130 INDUSTRY: MAN-MADE FIBERS SPINNING SAMSUNG C&T
CORPORATION 310, TAEPYEONGNO 2-GA, JUNG-GU, TEL:+82-2-2145-2114 FAX:+82-2-2145-3114 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS LG INTERNATIONAL CORPORATION 12TH FL., LG TEL:+82-2-3773-5034 FAX:+82-2-3773-5034 INDUSTRY: WHOLESALE OF NON-SPECIALIZED GOODS |
Related Parties
(Subsidiaries, Joint-Venture
& Affiliates)
|
Affiliates-Domestic |
GS HOLDINGS
CORP. (110111-3045112) GS HOME
SHOPPING INC. (110111-1111444) COSMO
CHEMICALCO., LTD (110111-0152738) GS ENGINEERING & CONSTRUCTION CORPORATION(110111-0002694) SAMYANG
TONGSANG LTD GS-CALTEX
CORPORATION (110111-0078819) GS POWER
(134111-0074744) HAEYANG CITY
GAS CO., LTD (200111-0004906) SEORABEOL CITY
GAS CO.,LTD (171211-0024180) OIL CHAIN
CORPORATION (110111-2194754) GS FUELCELL
CO.LTD. (160111-0108202) GS RETAIL
(110111-0090037) GSWATSONS
(110111-3136474) KOREA CABLE TV
ULSAN STATION (181211-0045481) GS TELESERVICE
(110111-2618192) GS SPORTS.LTD
(110111-3024330) HAMOO
DEVELOMET CO., LTD (110111-0411142) XI SERVICE
(110111-3141720) SAMYANG INT'L CO.,
LTD. (110111-0424848) BOHEUN
DEVELOPMENT CO., LTD. (110111-1557573) COMTECH
INTERNATIONAL OKSAN
DISTRIBUTION (110111-1426108) S M COMPANY
LTD (110111-1308124) GS NEOTEK
(110111-0166953) EZVILLE INC.
(110111-1934557) CENTRAL MOTORS
CORP. (131111-0101912) SUNGSAN GROUP
CORPORATION (110111-0110653) SLS LTD
(110111-1632424) SUNGSAN
LEISURE INC (141111-0022893) YEOSU-WHAMUL
INC (204714-0001033) WANNA NET COSMO FINE
CHEMICALS CO., LTD.(110111-0531205) COSMO
INDUSTRIAL CO.LTD (150111-0077722) SMARTRO CO.,
LTD (110111-1536189) COSMO &
COMPANY CO., LTD. (110111-0298243) COSMO
CORPORATION CO., LTD.(110111-2559354) COSMO INET
(110111-2559362) ISURF INC.
(110111-2197047) LANDMARK ASIA,
INC. (110111-2219411) DREAM SPORTS COSMO S&F MARUMAN KOREA
(131111-0093953) DH CLUB.COM ESTECH
ESTIMATE CORP. (110111-3253583) NEXTATION.CO.,LTD.
(110111-2123571) UIJEONGBU
LIGHT RAIL TRANSIT CO., LTD (280111-0071743) STSLOGISTICS
INC. (110111-1999197) GS EPS KANGNAM CABLE
SYSTEM INC. (110111-1009780) ITMEXSYI
(110111-3451731) GLS SERVICE
CORP. (110111-3532846) |
|
Overseas
Office |
TOKYO TEL:+81-3-3434-1515/8537
FAX:+81-3-3434-3856 E-MAIL :
HJKIM@SYCORP.CO.KR 7TH FL, MORI
BLDG, EDOMIZAKA 1-40, 4-CHOME, TORANOMON MINATO-KU, TOKYO, JAPAN OSAKA TEL:+81-6-282-1414~8,
282-1421~3 FAX:+81-6-282-1420 E-MAIL :
DISON@SYCORP.CO.KR 8TH FL.,
HOMMACHI YAMAMOTO BLDG., 1-10, 4-CHOME, MINAMI-HOMMACHI CHOU-KU, OSAKA, JAPAN U.S.A L.A. HEAD
OFFICE TEL:+1-562-906-0799
FAX:+1-562-941-9890 E-MAIL :
CKIM@SYCORP.CO.KR 10504 PIONEER BLVD/SANTA
FE SPRINGS CA 90670 U.S.A. N.J. BRANCH TEL:+1-201-585-7202
FAX:+1-201-585-7205 E-MAIL :
CKIM@SYCORP.CO.KR 2125 CENTER
AVE, SUITE #107 FORP LEE, NJ07024 |
|
Overseas
Office |
SHANGHAI TEL:+86-21-6440-0321
FAX:+86-21-6440-0334 E-MAIL :
THOMAS@SYCORP.CO.KR RM, 181 I/J
ZHAO FENG UNIVERSE BLDG, NO.1800 ZHONG SHAN WEST ROAD, SHANGHAI P.R.CHINA
200233 CHINA BEIJING TEL:+86-10-6510-1299
FAX:+86-10-6510-1239 E-MAIL :
KHAHN@SYCORP.CO.KR RM. 1117, BEIJING
BRIGHT CHINA CHANG AN BUILDING NI.7, JIANGUOMEN NEI AVENUE DONGCHENG DISTRICT
BEIJING P.R.C DALIAN TEL:+86-411-8230-2555
FAX:+86-411-8230-3838 E-MAIL :
JYEE@SYCORP.CO.KR RM, 1209,
SWISSOTEL DALIAN, 21 WUHUI ROAD, DALIAN, CHINA GUANGZHOU TEL:+86-20-8752-0586
FAX:+86-20-8752-0508 E-MAIL :
DOLEE@SYCORP.CO.KR RM. 5406,
CITIC PLAZA 233, TIAN HE NORTH ROAD, GUANGZHOU, CHINA HONGKONG TEL:+852-2542-3151
FAX:+852-2544-9342 E-MAIL :
HSKKIM@SYCORP.CO.KR RM. 609. WING
ON CENTER 111, CONNAUGHT ROAD CENTRAL, HONG KONG, CHINA TAIPEI TEL:+886-2-2775-3777
FAX:+866-2-2772-4526 E-MAIL :
TPETSOU@SYCORP.CO.KR RM. 703,148
CHUNGHSIAO EAST ROAD, SEC. 4, TAIPEI, TAIWAN, R.O. CHINA |
|
Overseas
Office |
KUALA LUMPUR TEL:+60-3-2162-3635
FAX:+60-3-2162-3807 E-MAIL : SMKIM@SYCORP.CO.KR SUITE 1707,
17TH FLOOR PERNAS INT’S BLDG., JALAN SULTAN ISMAIL 50250 KUALA LUMPUR,
MALAYSIA SINGAPORE TEL:+65-6334-2550
FAX:+65-6337-4898 7 TEMASEK
BOULEVARD #32-03 SUNTEC TOWER ONE SINGAPORE 038987 JAKARTA TEL:+62-21-5296-3283
FAX:+62-21-5296-3284 E-MAIL :
MGPARK@SYCORP.CO.KR KOREA CENTRE
BLDG., #302 JI, JEND. GATOT SUBROTO KAV. 57~58 JAKARTA, SELATAN 12950 NEW DELHI TEL:+91-11-5132-3704
FAX:+91-11-5132-5649 E-MAIL :
KSHAN@SYCORP.CO.KR #9 RING ROAD,
LAJPAT NAGAR Ⅳ, NEW DELHI-110024, INDIA HANOI TEL : 84-4-772-4183 FAX : 84-4-772-4184 E-MAIL :
LULURARA@SYCORP.CO.KR UNIT 705
FORTUNA OFFICE BUILDING 6B LANG HA, BA DINH, HANOI, VIETNAM |
|
Overseas
Office |
BANGKOK TEL:+66-2-655-5609
FAX:+66-2-655-5611 E-MAIL :
SSYBKK@SYCORP.CO.KR 29 VANISSA
BLDG., 4TH FLR. SOI CHILDOM, LANGSUAN ROAD, LUMPINI, PATHUMWAN DISTRICT
BANGKOK 10330, THAILAND RIYADH TEL:+966-1-473-0622,0266
FAX:+966-1-479-1848 E-MAIL :
DHKANG@SYCORP.CO.KR RM. 303, AL
AKARIYAH BLDG. AL SITEEN ST., RIYADH 11683 SAUDI ARABIA FRANKFURT TEL:+49-6196-481756~7
FAX:+49-6196-43439 E-MAIL :
JHSONG@SYCORP.CO.KR T.O.PA.S.1.
MERGENTHALERALLE 77 65760, ESCHBORM, GERMANY SYDNEY,
AUSTRALIA TEL:+61-2-9954-0911
FAX:+61-2-9954-0919 E-MAIL :
YJIN@SYCORP.CO.KR LEVEL 5 107 MOUNT
STREET, NORTH SYDNEY, NSW2060 AUSTRALIA |
|
Joint Venture |
PLS CO., LTD.(131311-0093131) (90.0% held by the subject company) |
|
Subsidiary |
SSANGYONG
(U.S.A) INC. (100.0% held
by the subject company) GS GLOBAL
JAPAN CORPORATION (100.0% held
by the subject company) GS GLOBAL
AUSTRALIA PTY LTD. (100.0% held
by the subject company) SSANGYONG
SINGAPORE PTE LTD. (100.0% held
by the subject company) GS GLOBAL
(H.K) CO., LTD. (100.0% held
by the subject company) SSANGYONG
RESOURCES PTY LTD. (100.0% held
by the subject company) GS GLOBAL
EUROPE GMBH (100.0% held
by the subject company) SSANYONG SLAG
& MATERIALS CO., LTD.(211111-0015835) (36.0% held by
the subject company) |
Sales by
Region
(Activity & Markets)
|
Sales/ Unit :Mil KRW |
06/2010 |
2009 |
2008 |
|
Export |
532,221 |
1,096,487 |
1,218,637 |
|
Domestic |
19,111 |
34,802 |
55,491 |
|
Others |
8,831 |
22,274 |
28,989 |
|
Total |
560,163 |
1,153,563 |
1,303,117 |
The Subject deals with
the companies in
Court
Action
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount |
Status |
|
|
|
The Subject Company |
UNIMARINE |
Claim for Compensation |
US$1,530,000 |
Proceeding |
|
|
|
The Subject Company |
Namdaemun Tax Office |
Cancellation on Imposed Taxes |
2,798,000,000 KRW |
Proceeding |
|
|
|
The Subject Company |
AKRAM |
Others(3 Cases) |
183,000,000 KRW / US$61,000 |
Proceeding |
|
|
|
D.O.T( |
The Subject Company |
Claim for Compensation |
US$1,692,000 |
Proceeding |
|
|
|
ELDORADO |
The Subject Company |
Confirmation on Not Existing Debts |
US$2,662,000 |
Proceeding |
|
|
|
Park Kil-Soo |
The Subject Company |
Claim for Compensation |
US$2,874,000 |
Proceeding |
|
|
|
NASCO |
The Subject Company |
Others(7 Cases) |
373,000,000 KRW |
Proceeding |
News
Clipping
------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.05 |
|
|
1 |
Rs.71.92 |
|
Euro |
1 |
Rs.64.34 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.