MIRA
INFORM REPORT
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Report Date : |
31.10.2011 |
IDENTIFICATION DETAILS
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Name : |
EINS AUTOMATION CO., LTD. |
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Registered Office : |
Rm.307, Sihwa Hitech Factory 1234-7, Jeongwang
3-dong, Siheung-si, Gyeonggi-do, Korea 429-848 |
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Country : |
South Korea |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
27.06.2008 |
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Com. Reg. No.: |
140-81-29809 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Manufacture of Industrial Machinery |
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 30, 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 Information
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Company Name |
EINS AUTOMATION CO., LTD. (Korean Company Name : “(주)아인스오토메이션”) |
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Registered Address |
1234-7, Jeongwang
3-dong, Siheung-si, Gyeonggi-do, Korea |
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Building |
Rm.307, Sihwa Hitech Factory |
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Zip Code |
429-848 |
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Tel |
+82-31-8041-3450 |
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Fax |
+82-31-8041-3452 |
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E-mail |
smyoon@einsauto.co.kr |
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Website |
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Trading Address |
Rm.307, Sihwa Hitech Factory, 1234-7, Jeongwang 3-dong, Siheung-si, Gyeonggi-do, Korea |
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Tel |
+82-31-8041-3450 |
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Fax |
+82-31-8041-3452 |
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Type |
Export/Import |
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Industry |
Manufacture of Industrial Machinery |
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Main Business |
Automation Equipment, Machinery and Control Architecture, Electric
Works, Engineering, Testing Services |
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Sub Business |
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Established (mm/dd/yyyy) |
06/27/2008 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Electrical and electronic
engineering(81101700) |
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Sell |
Industrial Machinery |
CEO’s
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Name |
Moon Geon-Il |
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Address |
Suite 202, 153-26, Anyang-dong,
Manan-gu, Anyang-si, Gyeonggi-do, Korea |
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Date of Birth |
06/28/1971 |
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Title |
Representative Director |
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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 |
10 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
Industrial Bank of Korea |
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Corporate Registered No. |
135511-0192349 |
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Business Registered No. |
140-81-29809 |
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Permit & Licenses |
Int’l Trade No.: 30695191 |
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Shareholder Position |
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Company History |
06/27/2008 Incorporated as the present name 03/24/2011 Moved to the present HQ address
from Rm.415, Sihwa Hitech Factory, 1234-7, Jeongwang
3-dong, Siheung-si, Gyeonggi-do, Korea |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Representative Director |
Mr. |
Moon Geon-Il |
Male |
Korean |
06/27/2008 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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6,368,000,000 |
2,104,000,000 |
202,000,000 |
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2009 |
3,650,000,000 |
1,388,000,000 |
212,000,000 |
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2008 |
802,000,000 |
624,000,000 |
134,000,000 |
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 |
2,104,000,000 |
1,388,000,000 |
624,000,000 |
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Current Assets |
1,924,000,000 |
1,330,000,000 |
552,000,000 |
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-Quick Assets |
- |
- |
- |
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-Inventories |
- |
- |
- |
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Fixed Assets |
180,000,000 |
58,000,000 |
72,000,000 |
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-Investment |
- |
- |
- |
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-Tangibles |
- |
- |
- |
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-Intangibles |
- |
- |
- |
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Total Liabilities |
1,458,000,000 |
942,000,000 |
390,000,000 |
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Current Liabilities |
1,458,000,000 |
942,000,000 |
390,000,000 |
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Fixed Liabilities |
- |
- |
- |
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Capital Stock |
100,000,000 |
100,000,000 |
100,000,000 |
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Capital Surplus |
- |
- |
- |
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Profit Surplus |
546,000,000 |
346,000,000 |
134,000,000 |
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Capital Adjustment |
- |
- |
- |
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Total Equity |
646,000,000 |
446,000,000 |
234,000,000 |
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Liab. & Shareholder’s Equity |
2,104,000,000 |
1,388,000,000 |
624,000,000 |
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 |
6,368,000,000 |
3,650,000,000 |
802,000,000 |
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Cost of Sold Goods |
5,326,000,000 |
2,978,000,000 |
576,000,000 |
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Gross Profit |
1,042,000,000 |
672,000,000 |
226,000,000 |
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Selling & Admin. Expenses |
776,000,000 |
432,000,000 |
78,000,000 |
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Operating Income |
266,000,000 |
240,000,000 |
148,000,000 |
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Non-Operating Income |
- |
- |
- |
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Non-Operating Expenses |
68,000,000 |
26,000,000 |
- |
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Income Before Taxes |
226,000,000 |
238,000,000 |
148,000,000 |
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Income Taxes Expenses |
24,000,000 |
26,000,000 |
14,000,000 |
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Net Income |
202,000,000 |
212,000,000 |
134,000,000 |
Cash
Flows
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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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Cash Flows from Operating |
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-Net Income |
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-Exp. without Cash Outflow |
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-Revenue without Cash Inflows |
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-Changes in Asset/ & Liability |
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Cash Flows from Investing |
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-Cash Inflow from Investing |
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-Cash Outflows for Investing |
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Cash Flows from Financing |
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-Cash Inflows from Financing |
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-Cash Outflows from Financing |
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Increase/Decrease in Cash |
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Cash at the Beginning of Year |
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Cash at the End of Year |
68,000,000 |
26,000,000 |
- |
Products, Technologies, Services Description
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Main Products & Services |
Automation Equipment, Machinery and Control
Architecture, Electric Works, Engineering, Testing Services |
Trade Partners & Competitors
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Customers |
KIA MOTORS CORPORATION(110111-0037998) HYUNDAI MOTOR CO., LTD.(110111-0085450) HYUNDAI-ROTEM COMPANY(194211-0036336) |
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Competitors |
SEJONG CORPORATION 8TH FL., SEJONG PALACE BLDG., 901-3,
JAKJEON-DONG, GYEYANG-GU, INCHEON, KOREA TEL:+82-32-555-5577 FAX:+82-32-555-6554 KUM SUNG BAEK JOE CONSTRUCTION CO., LTD. 682, TANBANG-DONG, SEO-GU, DAEJEON, KOREA TEL:+82-42-630-9595 FAX:+82-42-634-6932 SAM SAM CORPORATION 629-90, YONGHYEON 5-DONG, NAM-GU, INCHEON,
KOREA TEL:+82-32-891-3388 FAX:+82-32-887-0331 |
Related Parties
(Subsidiaries,
Joint-Venture & Affiliates)
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Affiliates |
ESTECH(KOREA) |
Sales by Region
(Activity &
Markets)
Not Available.
Court Action
Not Available.
News Clipping
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.82 |
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|
1 |
Rs.78.57 |
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Euro |
1 |
Rs.69.28 |
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.