MIRA INFORM REPORT
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Report Date : |
22.10.2011 |
IDENTIFICATION DETAILS
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Name : |
ASPE CO., LTD. |
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Formerly Known As : |
KGL CO., LTD., |
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Registered Office : |
716-3, Seonggok-dong, Danwon-gu, Ansan-si, Gyeonggi-do, Korea, 4Ma-502-1, Sihwa Industrial Complex, Zip Code 425-836 |
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Country : |
South Korea |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
07.08.2000 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Manufacture of Distilling Machinery, Heat exchange unit and Gas Generators |
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 – 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 |
ASPE CO., LTD. (Ex. Company Name : KGL CO., LTD., “케이지엘(주)”) (Korean Company Name : “(주)아스페”) |
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Registered Address |
716-3, Seonggok-dong, Danwon-gu, Ansan-si, Gyeonggi-do, Korea |
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Building |
4Ma-502-1, Sihwa Industrial Complex |
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Zip Code |
425-836 |
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Tel |
+82-31-319-6845 |
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Fax |
+82-31-319-6848 |
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E-mail |
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Website |
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Trading Address |
4Ma-502-1, Sihwa Industrial Complex,
716-3, Seonggok-dong, Danwon-gu, Ansan-si, Gyeonggi-do, Korea |
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Tel |
+82-31-319-6845 |
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Fax |
+82-31-319-6848 |
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Other Address-Anyang Branch |
Rm.1501, 954-6, Gwanyang-dong,
Dongan-gu, Anyang-si, Gyeonggi-do, Korea |
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Type |
Export/Import |
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Industry |
Manufacture of Distilling Machinery, Heat exchange unit and Gas
Generators |
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Main Business |
Nitrogen Generator, Oxygen Generator |
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Established (mm/dd/yyyy) |
08/07/2000 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Oxygen generators(47101513) |
CEO’s
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Name |
Lee Hung-Sup |
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Address |
Suite 106-1003, 1514, Sa-dong,
Sangrok-gu, Ansan-si, Gyeonggi-do, Korea |
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Date of Birth |
02/13/1961 |
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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) |
50,000,000 |
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Employees |
6 |
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Formation |
Co., Ltd by Shares Venture Business |
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Bank Details |
Woori Bank-Shihwa Idustrial Complex Branch |
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Corporate Registered No. |
135511-0109089 |
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Business Registered No. |
134-81-58*** (The numbers are kept by the National Tax Service
confidentially.) Because the subject’s full Business Registered No., for checking
through the National Tax Service whether the subject is still existing or
not, is not available, so we cannot confirm if the subject exist or not
legally.) |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
08/07/2000 Incorporated as KGL CO., LTD. 05/16/2004 Moved to the present HQ address
from 668-5, Seonggok-dong, Danwon-gu, Ansan-si, Gyeonggi-do, Korea 10/10/2011 Changed company name to the
present name |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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President & CEO |
Mr. |
Lee Hung-Sup |
Male |
Korean |
03/15/2004 |
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Director |
Mr. |
Kang Hyung-Seok |
Male |
Korean |
03/15/2004 |
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Director |
Mr. |
Do Sung-Hwan |
Male |
Korean |
06/08/2011 |
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Auditor |
M/S. |
Lim Jae-Hee |
Female |
Korean |
08/07/2001 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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2,614,000,000 |
982,000,000 |
119,000,000 |
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2009 |
1,954,000,000 |
823,000,000 |
86,000,000 |
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2008 |
886,000,000 |
935,000,000 |
49,000,000 |
Financial Description
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Authorized Capital(KRW) |
200,000,000 |
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Paid-Up Capital(KRW) |
50,000,000 |
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Total Issued Shares |
10,000 |
Balance
Sheet
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Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
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Total Assets |
982,000,000 |
823,000,000 |
935,000,000 |
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Current Assets |
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-Quick Assets |
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-Inventories |
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Fixed Assets |
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-Investment |
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-Tangibles |
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-Intangibles |
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Total Liabilities |
382,000,000 |
342,000,000 |
540,000,000 |
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Current Liabilities |
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Fixed Liabilities |
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Capital Stock |
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Capital Surplus |
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Profit Surplus |
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Capital Adjustment |
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Total Equity |
600,000,000 |
481,000,000 |
395,000,000 |
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Liab. & Shareholder’s Equity |
982,000,000 |
823,000,000 |
935,000,000 |
Income
Statement
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Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
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Sales |
2,614,000,000 |
1,954,000,000 |
886,000,000 |
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Cost of Sold Goods |
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Gross Profit |
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Selling & Admin. Expenses |
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Operating Income |
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Non-Operating Income |
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Non-Operating Expenses |
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Income Before Taxes |
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Income Taxes Expenses |
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Net Income |
119,000,000 |
86,000,000 |
49,000,000 |
Products, Technologies, Services Description
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Main Products & Services |
Nitrogen Generator, Oxygen Generator |
Trade Partners & Competitors
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Competitors |
WON HI TECH CORP. 119-65, SASA-DONG, SANGNOK-GU, ANSAN-SI,
GYEONGGI-DO, KOREA TEL:+82-31-419-2601 FAX:+82-31-419-2606 G.I.TECH CO., LTD. 861, TOEGYE-DONG, CHUNCHEON-SI, GANGWON-DO,
KOREA TEL:+82-33-253-2420 FAX:+82-33-253-2423 PURITECH RM. 408, EDUCATIONAL-INDUSTRY COOPERATIVE
BLDG., SUNMOON UNIV., 100, GALSAN-RI, TANGJEONG-MYEON, ASAN-SI,
CHUNGCHEONGNAM-DO, KOREA TEL:+82-41-541-7437 FAX:+82-41-541-7436 |
Sales by Region
(Activity & Markets)
Not Available.
Court Action
Not Available.
News Clipping
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.50.07 |
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UK Pound |
1 |
Rs.79.16 |
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Euro |
1 |
Rs.69.04 |
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.