MIRA INFORM REPORT
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Report Date : |
22.11.2011 |
IDENTIFICATION DETAILS
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Name : |
MIJU PRECISION CO. |
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Registered Office : |
1-1, Gujang-ri, Paltan-myeon, Hwaseong-si, Gyeonggi-do, Korea, Zip Code 445-915 |
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Country : |
South Korea |
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Date of Incorporation : |
10.01.1990 |
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Com. Reg. No.: |
123-28-73310 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Manufacturer of Moulding Patterns, Moulds and Industrial Patterns |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
MIJU PRECISION
CO. (Korean Company
Name : “미주정밀”) |
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Registered Address |
1-1, Gujang-ri, Paltan-myeon, Hwaseong-si,
Gyeonggi-do, Korea |
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Zip Code |
445-915 |
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Tel |
+82-31-366-4701 |
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Fax |
+82-31-366-4706 |
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E-mail |
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Website |
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Trading Address |
1-1, Gujang-ri, Paltan-myeon, Hwaseong-si,
Gyeonggi-do, Korea |
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Tel |
+82-31-366-4701 |
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Fax |
+82-31-366-4706 |
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Type |
Export/Import |
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Industry |
Manufacture of Moulding Patterns, Moulds and Industrial Patterns |
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Main Business |
Plastic Mold |
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Established (mm/dd/yyyy) |
01/10/1990 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Plastic injection molds(23151514) |
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Buy |
Iron(11101713) |
CEO’s
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Name |
Lee Joong-Jae |
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Date of Birth |
1959 |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
60 |
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Formation |
Sole Proprietorship |
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Bank Details |
Industrial Bank of Korea |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
123-28-73310 |
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Permit & Licenses |
10/27/2005 ISO 9001 by JAS-ANZ 01/16/2006 ISO 14001 by JAS-ANZ Int’l Trade No.: 30685239 |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
01/10/1990 Established as the present name |
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Owner |
Mr. |
Lee Joong-Jae |
Male |
Korean |
01/10/1990 |
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Sr. Executive Director |
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Lee A-Jae |
Male |
Korean |
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Executive Director |
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Kwon Oh-Chang |
Male |
Korean |
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Executive Director |
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Yoon Byung-Joo |
Male |
Korean |
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Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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12,991,000,000 |
8,745,000,000 |
888,000,000 |
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2009 |
13,749,000,000 |
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962,000,000 |
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2008 |
11,591,000,000 |
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599,000,000 |
The 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) |
Not Applicable to the Sole Proprietorship |
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Paid-Up Capital(KRW) |
Not Applicable to the Sole Proprietorship |
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Total Issued Shares |
Not Applicable to the Sole Proprietorship |
Products, Technologies, Services Description
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Main Products & Services |
Plastic Mold |
Trade Partners & Competitors
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Customers |
SAMSUNG ELECTRONICS CO.,
LTD.(130111-0006246) WOONGJIN COWAY CO., LTD.(110111-0626501) G.S.C CO., LTD.(134811-0071639) SAMJIN CO., LTD.(134111-0005351) |
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Competitors |
HYESUNG PRECISION CO. 1768-10, SONGJEONG-DONG, GANGSEO-GU, BUSAN,
KOREA TEL:+82-51-831-4975 FAX:+82-51-831-4985 ALCHEMY MOLD & PLASTIC LTD. 461-2, HYEONGOK-RI, CHEONGBUK-MYEON,
PYEONGTAEK-SI, GYEONGGI-DO, KOREA TEL:+82-31-682-9383 FAX:+82-31-682-9386 WOOSHIN METAL CO., LTD. 345-4, NAMYANG-DONG, JINHAE-SI,
GYEONGSANGNAM-DO, KOREA TEL:+82-55-551-9711 FAX:+82-55-551-9717 |
Sales by Region
(Activity & Markets)
Not Available.
Court Action
Not Available.
News Clipping
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.51.72 |
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UK Pound |
1 |
Rs.81.42 |
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Euro |
1 |
Rs.68.89 |
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 |
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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.