MIRA
INFORM REPORT
|
Report Date : |
31.10.2011 |
IDENTIFICATION DETAILS
|
Name : |
SAMHWA GREENTECH CO., LTD. |
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Registered Office : |
106, Yangsa-ri,
Bibong-myeon, Cheongyang-gun, Chungcheongnam-do, Korea 345-881 |
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Country : |
South Korea |
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Financials (as on) : |
31.12.2008 |
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Date of Incorporation : |
01.02.1974 |
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Com. Reg. No.: |
307-81-03659 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Manufacture of Chemicals |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 : |
Unknown |
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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
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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 Information
|
Company
Name |
SAMHWA GREENTECH CO., LTD. (Korean Company Name : “(주)삼화그린텍”) |
|
Registered Address |
106, Yangsa-ri,
Bibong-myeon, Cheongyang-gun, Chungcheongnam-do, Korea |
|
Zip Code |
345-881 |
|
Tel |
+82-41-942-5030 |
|
Fax |
+82-41-942-9624 |
|
E-mail |
soo-2202@hanmail.net |
|
Website |
www.shvk.co.kr |
|
Trading Address |
4FL., Nammi
Bldg., 757-11, Geumgok-dong, Gwonseon-gu, Suwon-si, Gyeonggi-do,
Korea |
|
Tel |
+82-31-291-7890~1 |
|
Fax |
+82-31-291-7895 |
|
Other Address-Iksan Factory |
506, Gudeok-ri, Wanggung-myeon,
Iksan-si, Jeonbuk, Korea |
|
Tel |
+82-63-832-1358~9 |
|
Fax |
+82-63-832-7358 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Chemicals |
|
Main Business |
Agricultural Organic Materials, Organic Fertilizer,
Organic Agricultural Chemicals, Agricultural Materials, Environmental
Materials |
|
Established (mm/dd/yyyy) |
02/01/1974 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Organic fertilizers and plant nutrients(10171500) |
CEO’s
|
Name |
Yoon Ho-Joon |
|
Address |
Suite 101-610, 30-1, Jeongja-dong,
Bundang-gu, Seongnam-si, Gyeonggi-do, Korea |
|
Date of Birth |
01/28/1967 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
220,000,000 |
|
Employees |
34 |
|
Formation |
Co., Ltd by Shares |
|
Bank Details |
Kookmin Bank-Cheonyang Branch |
|
Corporate Registered No. |
110111-0159437 |
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Business Registered No. |
307-81-03659 |
|
Permit & Licenses |
N/A |
|
Shareholder Position |
N/A |
|
Company History |
02/01/1974 Incorporated as SAMHWA JILSEOK
INDUSTRY CO., LTD. 05/21/2003 Increased the authorized shares
to 200,000 shares from 20,000 shares 05/22/2003 Increased capital to 220,000,000
KRW from 100,000,000 KRW 07/01/2009 Changed company name to the
present name |
|
|
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Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Yoon Ho-Joon |
Male |
Korean |
04/26/2006 |
|
Director |
Mr. |
Yoon Seok-Je |
Male |
Korean |
05/21/2003 |
|
Director |
Mr. |
Kim Yong-Tae |
Male |
Korean |
03/31/2010 |
|
Auditor |
M/S. |
Kim Sung-Ah |
Female |
Korean |
01/15/2007 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
|
|
|
|
|
2009 |
|
|
|
|
2008 |
4,669,000,000 |
2,252,000,000 |
240,000,000 |
|
2007 |
|
|
|
|
2006 |
|
|
|
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2005 |
3,103,000,000 |
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|
|
2004 |
3,154,000,000 |
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|
|
2003 |
|
|
|
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
|
Authorized Capital(KRW) |
1,000,000,000 |
|
Paid-Up Capital(KRW) |
220,000,000 |
|
Total Issued Shares |
44,000 |
Balance
Sheet
|
Unit : Million Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
|
|
2,252 |
|
Current Assets |
|
|
1,539 |
|
-Quick Assets |
|
|
1,363 |
|
-Inventories |
|
|
176 |
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Fixed Assets |
|
|
713 |
|
-Investment |
|
|
11 |
|
-Tangibles |
|
|
586 |
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-Intangibles |
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|
|
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Total Liabilities |
|
|
1,190 |
|
Current Liabilities |
|
|
1,099 |
|
Fixed Liabilities |
|
|
91 |
|
Capital Stock |
|
|
220 |
|
Capital Surplus |
|
|
|
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Profit Surplus |
|
|
842 |
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Capital Adjustment |
|
|
|
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Total Equity |
|
|
1,062 |
|
Liab. & Shareholder’s Equity |
|
|
2,252 |
Income
Statement
|
Unit : Million Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
|
|
4,669 |
|
Cost of Sold Goods |
|
|
3,828 |
|
Gross Profit |
|
|
841 |
|
Selling & Admin. Expenses |
|
|
527 |
|
Operating Income |
|
|
315 |
|
Non-Operating Income |
|
|
48 |
|
Non-Operating Expenses |
|
|
86 |
|
Income Before Taxes |
|
|
277 |
|
Income Taxes Expenses |
|
|
37 |
|
Net Income |
|
|
240 |
Products, Technologies, Services Description
|
Main Products & Services |
Agricultural Organic Materials, Organic
Fertilizer, Organic Agricultural Chemicals, Agricultural Materials,
Environmental Materials |
Trade Partners & Competitors
|
Competitors |
SHINSUNG TRADING CO., LTD. RM. 1108, SEONGNAM WOOLIM LION`S VALLEY 3-CHA,
5445, SANGDAEWON 2-DONG, JUNGWON-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA TEL:+82-2-409-3666~8 FAX:+82-2-2237-8422 WANG CO., LTD. YANGJAE-DONG FLOWERING PLANT JOINT MARKET,
232, YANGJAE 2-DONG, SEOCHO-GU, SEOUL, KOREA TEL:+82-2-579-5083 FAX:+82-2-578-8638 DAESIN CORPORATION RM. 1101, HANSHIN OFFICETEL, 2463-4,
SINHEUNG 2-DONG, SUJEONG-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA TEL:+82-31-730-2182~3 FAX:+82-31-730-2184 |
Related Parties
(Subsidiaries,
Joint-Venture & Affiliates)
|
Affiliates |
SAMHWA AGRO CO., LTD.(134111-0127402) |
Sales by Region (Activity &
Markets)
Not Available.
Court Action
Not Available.
News Clipping
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.82 |
|
|
1 |
Rs.78.57 |
|
Euro |
1 |
Rs.69.28 |
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 |
|
-- |
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.