MIRA INFORM REPORT
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Report Date : |
19.09.2011 |
IDENTIFICATION DETAILS
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Name : |
ALCHEMY MOLD & PLASTIC LTD. |
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Registered Office : |
461-2, Hyeongok-ri, Cheongbuk-myeon, Pyeongtaek-si, Gyeonggi-do, Korea, Zip Code 451-831 |
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Country : |
South Korea |
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Financials (as on) : |
31.12.2008 |
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Date of Incorporation : |
11.12.2007 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Manufacture 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 : |
Usually Correct |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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 |
ALCHEMY MOLD & PLASTIC LTD. (Korean Company Name : “알케미몰드앤플라스틱(주)”) |
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Registered Address |
461-2, Hyeongok-ri,
Cheongbuk-myeon, Pyeongtaek-si,
Gyeonggi-do, Korea |
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Zip Code |
451-831 |
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Tel |
+82-31-682-9383 |
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Fax |
+82-31-682-9386 |
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E-mail |
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Website |
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Trading Address |
461-2, Hyeongok-ri,
Cheongbuk-myeon, Pyeongtaek-si,
Gyeonggi-do, Korea |
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Tel |
+82-31-682-9383 |
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Fax |
+82-31-682-9386 |
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Type |
Export |
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Industry |
Manufacture of Moulding Patterns, Moulds and
Industrial Patterns |
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Main Business |
Molds and Tooling for Injection Blow Molding, Injection Molding, Extrusion
Blow Molding and Injection Stretch Blow Molding |
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Established (mm/dd/yyyy) |
12/11/2007 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Plastic injection molds(23151514) |
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Sell |
Foundry molds(23161606) |
CEO’s
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Name |
Kim Joung-Hyoun |
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Address |
Suite 2-606, 1028-1, Bangbae-dong, Seocho-gu, Seoul, Korea |
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Date of Birth |
08/09/1974 |
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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) |
2,028,705,000 |
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Employees |
22 |
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Formation |
Co., Ltd by Shares Foreign Direct Investment Corporation |
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Bank Details |
Shinhan Bank-Pyungtaik Corporate Finance Branch |
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Corporate Registered No. |
131311-0078216 |
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Business Registered No. |
125-81-71***(The full 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 |
Int’l Trade No.: 45338900 |
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Shareholder Position |
N/A |
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Company History |
12/11/2007 Incorporated as the present name 12/24/2007 Registered as a Foreign Direct
Investment Corporation by India 01/23/2008 Moved to the present HQ address from 180-2, Eoyeon-ri, Cheongbuk-myeon, Pyeongtaek-si,
Gyeonggi-do, Korea 03/10/2008 Increased the authorized shares to
1,000,000 shares from 140,000 shares 04/14/2009 Increased capital to 2,028,705,000 KRW from 1,977,710,000 KRW |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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President & CEO |
Mr. |
Kim Joung-Hyoun |
Male |
Korean |
06/30/2010 |
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Director |
Mr. |
Bineiram Kishan Agawal |
Male |
Indian |
06/30/2010 |
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Director |
Mr. |
Surendrakumahu Kamchande Agawal |
Male |
Indian |
06/30/2010 |
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Auditor |
Mr. |
Pankaz Agawal |
Male |
Indian |
06/30/2010 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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4,805,740,000 |
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394,220,000 |
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2009 |
3,169,620,000 |
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331,460,000 |
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2008 |
1,051,540,000 |
2,916,000,000 |
122,300,000 |
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2007 |
- |
181,000,000 |
-10,000,000 |
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) |
5,000,000,000 |
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Paid-Up Capital(KRW) |
2,028,705,000 |
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Total Issues Shares |
405,741 |
Balance
Sheet
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Unit : Korean Won |
As of 12/31/2009 |
As of 12/31/2008 |
As of 12/31/2007 |
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Total Assets |
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2,916,000,000 |
181,000,000 |
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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 |
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841,000,000 |
8,000,000 |
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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 |
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2,075,000,000 |
173,000,000 |
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Liab. & Shareholder’s Equity |
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2,916,000,000 |
181,000,000 |
Products, Technologies, Services Description
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Main Products & Services |
Molds and Tooling for Injection Blow Molding, Injection Molding,
Extrusion Blow Molding and Injection Stretch Blow Molding |
Trade Partners & Competitors
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Customers |
PROCTER & GAMBLE KOREA, INC.(161511-0010630) JOHNSON AND JOHNSON KOREA LTD.(110111-0350639) CAVINKARE BANBAXY ITC LIMITED |
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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 HANA METAL CO., LTD. 118-4, SINCHON-DONG, CHANGWON-SI,
GYEONGSANGNAM-DO, KOREA TEL:+82-55-286-5031 FAX:+82-55-286-5034 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.47.47 |
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UK Pound |
1 |
Rs.74.96 |
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Euro |
1 |
Rs.65.79 |
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.