MIRA INFORM REPORT
|
Report Date : |
21.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
GTG LOGISTICS CO., LTD. |
|
|
|
|
Formerly Known As : |
Hana Hangwoon Co. |
|
|
|
|
Registered Office : |
630-12, Deungchon 1-dong, Gangseo-gu, Seoul, Korea, Rm. 602~603, Gangseo Medical Center Bldg., Zip Code 157-839 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
14.04.2005 |
|
|
|
|
Com. Reg. No.: |
109-81-96947 |
|
|
|
|
Legal Form : |
Co., Ltd by Shares |
|
|
|
|
Line of Business : |
Freight Transport Brokerage, Agency and Other Supporting Transport Services |
|
|
|
|
No. of Employees
: |
21 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment
Behaviour : |
Unknown |
|
|
|
|
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, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company
Name |
GTG LOGISTICS
CO., LTD. (Korean Company
Name : “(주)지티지로지스틱스”) |
|
Registered Address |
630-12, Deungchon 1-dong, Gangseo-gu, |
|
Building |
Rm. 602~603, |
|
Zip Code |
157-839 |
|
Tel |
+82-2-3662-5831 |
|
Fax |
+82-2-3662-7192~3 |
|
E-mail |
|
|
Website |
www.gtglo.co.kr |
|
Trading Address |
Rm. 602~603, Gangseo Medical Center Bldg.,
630-12, Deungchon 1-dong, Gangseo-gu, Seoul, Korea |
|
Tel |
+82-2-3662-5831 |
|
Fax |
+82-2-3662-7192~3 |
|
Type |
Export/Import |
|
Industry |
Freight Transport Brokerage, Agency and Other Supporting Transport
Services |
|
Main Business |
Integrated Global Logistics,
Air & Sea Freight Forwarding |
|
Established (mm/dd/yyyy) |
04/14/2005 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Transport arrangements(78141500) |
|
Sell |
International trade services(80151600) |
|
Sell |
Freight forwarders services(78141501) |
|
Name |
Kim Jung-Tae |
|
Address |
|
|
Date of Birth |
12/10/1962 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
300,000,000 |
|
Employees |
21 |
|
Formation |
Co., Ltd by Shares |
|
Bank Details |
N/A |
|
Corporate Registered No. |
110111-3208140 |
|
Business Registered No. |
109-81-96947 |
|
Permit & Licenses |
N/A |
|
Shareholder Position |
N/A |
|
Company History |
08/1991 Established as Hana Hangwoon
Co.(Sole Proprietorship) 04/14/2005 Incorporated as the present name |
|
|
|
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Kim Jung-Tae |
Male |
Korean |
04/14/2008 |
|
Director |
Mr. |
Kim Ho-Joon |
Male |
Korean |
05/07/2007 |
|
Auditor |
Mr. |
Kim Hyung-Rae |
Male |
Korean |
04/06/2012 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
|
|
|
|
|
2010 |
1,348,000,000 |
1,949,000,000 |
47,000,000 |
|
2009 |
1,544,000,000 |
2,247,000,000 |
21,000,000 |
|
2008 |
1,364,000,000 |
1,948,000,000 |
12,000,000 |
|
2007 |
|
|
|
|
2006 |
2,259,000,000 |
|
|
|
2005 |
1,450,000,000 |
|
|
|
2004 |
|
|
|
|
2003 |
|
|
|
The latest
financials are not available, and the Subject Company does not have any
obligations to release its financials to the public.
|
Authorized Capital(KRW) |
1,200,000,000 |
|
Paid-Up Capital(KRW) |
300,000,000 |
|
Total Issued Shares |
30,000 |
Balance Sheet
|
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
1,949,000,000 |
2,247,000,000 |
1,948,000,000 |
|
Current Assets |
1,872,000,000 |
2,157,000,000 |
1,892,000,000 |
|
-Quick Assets |
- |
- |
- |
|
-Inventories |
- |
- |
- |
|
Fixed Assets |
77,000,000 |
90,000,000 |
56,000,000 |
|
-Investment |
- |
- |
- |
|
-Tangibles |
- |
- |
- |
|
-Intangibles |
- |
- |
- |
|
Total Liabilities |
- |
- |
- |
|
Current Liabilities |
148,000,000 |
1,825,000,000 |
1,547,000,000 |
|
Fixed Liabilities |
- |
- |
- |
|
Capital Stock |
300,000,000 |
300,000,000 |
300,000,000 |
|
Capital Surplus |
- |
- |
- |
|
Profit Surplus |
169,000,000 |
122,000,000 |
101,000,000 |
|
Capital Adjustment |
- |
- |
- |
|
Total Equity |
469,000,000 |
422,000,000 |
401,000,000 |
|
Liab. & Shareholder’s Equity |
1,949,000,000 |
2,247,000,000 |
1,948,000,000 |
Income Statement
|
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
1,348,000,000 |
1,544,000,000 |
1,364,000,000 |
|
Cost of Sold Goods |
- |
- |
- |
|
Gross Profit |
1,348,000,000 |
1,544,000,000 |
1,364,000,000 |
|
Selling & Admin. Expenses |
1,322,000,000 |
1,451,000,000 |
1,297,000,000 |
|
Operating Income |
26,000,000 |
93,000,000 |
67,000,000 |
|
Non-Operating Income |
- |
- |
- |
|
Non-Operating Expenses |
142,000,000 |
181,000,000 |
188,000,000 |
|
Income Before Taxes |
52,000,000 |
21,000,000 |
15,000,000 |
|
Income Taxes Expenses |
5,000,000 |
- |
3,000,000 |
|
Net Income |
47,000,000 |
21,000,000 |
12,000,000 |
|
Main Products & Services |
Freight Transport Brokerage, Agency and Other Supporting Transport
Services |
|
Competitors |
YOUNG CHEON LOGISTICS CO., LTD. 4TH FL., YEONGCHEON BLDG., 33-2,
GONGHANG-DONG, GANGSEO-GU, TEL:+82-2-3663-9009 FAX:+82-2-3665-3004 AGILITY LTD. 2ND FL., YEOLRIN BLDG., 1666-3, SEOCHO
1-DONG, SEOCHO-GU, TEL:+82-2-539-9411 FAX:+82-2-539-2071 AIRSTAR INTERNATIONAL CO., LTD. 2ND FL., SEOYEONG BLDG., 367-9,
SEOGYO-DONG, MAPO-GU, TEL:+82-2-333-3933 FAX:+82-2-323-5700 |
(Activity & Markets)
The Subject
provides the services globally.
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.99 |
|
|
1 |
Rs.83.54 |
|
Euro |
1 |
Rs.63.40 |
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.