|
Report Date : |
17.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
SEJONG PHARMATECH CO., LTD. |
|
|
|
|
Registered Office : |
419-4, Cheongcheon 2-dong, Bupyeong-gu, Incheon, Korea, Zip Code 403-858 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
08.03.1993 |
|
|
|
|
Com. Reg. No.: |
130-81-42445 |
|
|
|
|
Legal Form : |
Co., Ltd by shares |
|
|
|
|
Line of Business : |
Manufacture of Containers Cleaning, Packing and Wrapping Machinery and Charger |
|
|
|
|
No. of Employees : |
102 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company
Name |
SEJONG PHARMATECH CO., LTD. (Korean Company Name : “(주)세종파마텍”) |
|
Registered Address |
419-4, Cheongcheon
2-dong, Bupyeong-gu, Incheon,
Korea |
|
Zip Code |
403-858 |
|
Tel |
+82-32-508-1280~7 |
|
Fax |
+82-32-508-1288~9 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
419-4, Cheongcheon
2-dong, Bupyeong-gu, Incheon,
Korea |
|
Tel |
+82-32-508-1280~7 |
|
Fax |
+82-32-508-1288~9 |
|
Other Address-Techno Town Branch |
414-2, Cheongcheon-dong,
Bupyeong-gu, Incheon,
Korea |
|
Type |
Export |
|
Industry |
Manufacture of Containers Cleaning, Packing and Wrapping Machinery and
Charger |
|
Main Business |
Automatic Capsule Filling Machine, Rotary Tablet Press, Automatic
Coating Machine, High Speed Mixer |
|
Established (mm/dd/yyyy) |
03/08/1993 |
The Subject owns
the premises of registered HQ address/Factory(6,817㎡) and Techno Town Branch.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Coating machines(23151502) |
|
Sell |
Battery chargers(26111704) |
|
Sell |
Batch mixers(23191000) |
|
Sell |
Form or fill or seal machinery(23152902) |
|
Sell |
Iron plate(30102203) |
|
Sell |
Hydraulic presses(27121500) |
|
Buy |
Nuts(31161700) |
|
Buy |
Aluminum(11101705) |
|
Buy |
Iron plate(30102203) |
|
Buy |
Stainless steel plate(30102205) |
|
Buy |
Bolts(31161600) |
|
Buy |
Non ferrous alloy(11101711) |
|
Name |
Lee Won-Woo |
|
Address |
Suite A-2904, 262, Gilju-ro,
Wonmi-gu, Bucheon-si, Gyeonggi-do, Korea |
|
Date of Birth |
05/10/1947 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
400,000,000 |
||||||||||||||||||
|
Employees |
102 |
||||||||||||||||||
|
Formation |
Co., Ltd by shares |
||||||||||||||||||
|
Bank Details |
Korea Exchange Bank-Dodang
Dong Branch Shinhan Bank Kookmin Bank Woori Bank |
||||||||||||||||||
|
Corporate Registered No. |
124311-0038227 |
||||||||||||||||||
|
Business Registered No. |
130-81-42445 |
||||||||||||||||||
|
Permit & Licenses |
10/28/2005 CE 07/07/2005 ISO 14001 06/28/2005 CE 04/29/2003 ISO 9001 07/08/2002 CE 03/09/1999 CE 12/15/1998 ISO 9001 Int’l Trade No.: 11103831 |
||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||
|
Company History |
03/08/1993 Incorporated as the present name 08/30/2005 Increased the authorized shares
to 400,000 shares from 40,000 shares 08/31/2005 Increased capital to 400,000,000
KRW from 200,000,000 KRW |
||||||||||||||||||
|
|
|
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Lee Won-Woo |
Male |
Korean |
03/08/1993 |
|
Director |
Mr. |
Lee Sang-Ho |
Male |
Korean |
02/28/2011 |
|
Auditor |
M/S. |
Ko Han-Soon |
Female |
Korean |
03/27/2007 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
2011 |
28,897,473,765 |
34,488,616,548 |
1,229,214,298 |
|
2010 |
30,882,701,088 |
38,814,382,731 |
2,086,686,636 |
|
2009 |
26,954,518,416 |
38,515,820,278 |
1,197,215,639 |
|
2008 |
26,585,757,187 |
37,814,671,402 |
2,745,461,807 |
|
2007 |
24,804,265,938 |
16,634,091,234 |
1,937,070,433 |
|
2006 |
20,589,042,619 |
16,121,439,924 |
420,901,489 |
|
2005 |
18,955,210,622 |
14,734,763,201 |
2,219,673,878 |
|
2004 |
15,331,000,000 |
6,703,000,000 |
197,000,000 |
|
2003 |
9,378,000,000 |
6,988,000,000 |
216,000,000 |
|
Authorized Capital(KRW) |
4,000,000,000 |
|
Paid-Up Capital(KRW) |
400,000,000 |
|
Total Issues Shares |
40,000 |
Balance
Sheet
|
|||
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total Assets |
34,488,616,548 |
38,814,382,731 |
38,515,820,278 |
|
Current Assets |
7,952,295,487 |
10,545,993,935 |
10,603,687,976 |
|
-Quick Assets |
4,325,911,372 |
7,686,510,294 |
8,690,268,671 |
|
-Inventories |
3,626,384,115 |
2,859,483,641 |
1,913,419,305 |
|
Fixed Assets |
26,536,321,061 |
28,268,388,796 |
27,912,132,302 |
|
-Investment |
85,975,443 |
1,513,840,000 |
1,088,980,000 |
|
-Tangibles |
26,354,004,098 |
26,711,795,882 |
26,797,927,648 |
|
-Intangibles |
52,220,452 |
41,520,914 |
21,992,654 |
|
-Others |
44,121,068 |
1,232,000 |
3,232,000 |
|
Total Liabilities |
26,742,855,233 |
29,293,425,157 |
29,881,549,340 |
|
Current Liabilities |
9,908,101,073 |
27,937,883,257 |
13,186,719,140 |
|
Fixed Liabilities |
16,834,754,160 |
1,355,541,900 |
16,694,830,200 |
|
Capital Stock |
400,000,000 |
400,000,000 |
400,000,000 |
|
Capital Surplus |
|
|
|
|
Profit Surplus |
7,350,171,872 |
9,120,957,574 |
8,234,270,938 |
|
Capital Adjustment |
-4,410,557 |
- |
|
|
Total Equity |
7,745,761,315 |
9,520,957,574 |
8,634,270,938 |
|
Liab. & Shareholder’s Equity |
34,488,616,548 |
38,814,382,731 |
38,515,820,278 |
|
Current
Liabilities |
9,908,101,073 |
27,937,883,257 |
13,186,719,140 |
|
Trade
Payables |
4,534,430,140 |
5,672,130,380 |
4,196,889,657 |
|
Short-Term
Borrowings |
3,000,000,000 |
5,100,000,000 |
6,270,000,000 |
|
Current
Portion of Long-Term Borrowings |
- |
15,000,000,000 |
- |
|
Account
Payables |
889,101,432 |
882,139,614 |
949,834,254 |
|
Withholdings |
72,354,660 |
57,490,370 |
49,657,150 |
|
Advance
Receipts |
1,366,338,403 |
1,129,233,564 |
1,631,998,175 |
|
Accrued Expenses |
45,876,438 |
24,538,159 |
25,871,274 |
|
Accrued Income Tax |
- |
72,351,170 |
62,468,630 |
|
Fixed
Liabilities |
16,834,754,160 |
1,355,541,900 |
16,694,830,200 |
|
Long-Term Borrowings |
15,000,000,000 |
- |
15,000,000,000 |
|
Leasehold Deposit Received |
775,450,000 |
621,950,000 |
1,110,044,000 |
|
Provision for Severance & Retirement |
1,059,304,160 |
733,591,900 |
588,629,500 |
Income
Statement
|
|||
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Sales |
28,897,473,765 |
30,882,701,088 |
26,954,518,416 |
|
Cost of Sold Goods |
18,001,998,019 |
18,260,255,889 |
17,597,006,348 |
|
Gross Profit |
10,895,475,746 |
12,622,445,199 |
9,357,512,068 |
|
Selling & Admin. Expenses |
9,666,935,888 |
9,914,732,381 |
7,408,419,922 |
|
Operating Income |
1,228,539,858 |
2,707,712,818 |
1,949,092,146 |
|
Non-Operating Income |
1,431,023,078 |
1,054,772,933 |
997,189,289 |
|
Non-Operating Expenses |
1,258,863,664 |
1,541,772,558 |
1,621,846,336 |
|
Income Before Taxes |
1,400,699,272 |
2,220,713,193 |
1,324,435,099 |
|
Income Taxes Expenses |
171,484,974 |
134,026,557 |
127,219,460 |
|
Net Income |
1,229,214,298 |
2,086,686,636 |
1,197,215,639 |
Cash
Flows
|
|||
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Cash Flows from Operating |
2,401,468,414 |
2,619,658,984 |
3,710,048,449 |
|
-Net Income |
1,229,214,298 |
2,086,686,636 |
1,197,215,639 |
|
-Exp. without Cash Outflow |
1,215,324,378 |
1,299,615,075 |
678,996,816 |
|
-Revenue without Cash Inflows |
-41,873,272 |
-26,668,013 |
- |
|
-Changes in Asset/ & Liability |
-1,196,990 |
-739,974,714 |
1,833,835,994 |
|
Cash Flows from Investing |
3,294,514,857 |
-890,953,239 |
-1,571,422,055 |
|
-Cash Inflow from Investing |
6,322,630,777 |
4,126,822,844 |
2,245,826,924 |
|
-Cash Outflows for Investing |
-3,028,115,920 |
-5,017,776,083 |
-3,817,248,979 |
|
Cash Flows from Financing |
-5,100,000,000 |
-2,370,000,000 |
-1,452,451,000 |
|
-Cash Inflows from Financing |
16,800,000,000 |
- |
1,210,550,000 |
|
-Cash Outflows from Financing |
-21,900,000,000 |
-2,370,000,000 |
-2,663,001,000 |
|
Increase/Decrease in Cash |
595,983,271 |
-641,294,255 |
686,175,394 |
|
Cash at the Beginning of Year |
271,202,148 |
912,496,403 |
226,321,009 |
|
Cash at the End of Year |
867,185,419 |
271,202,148 |
912,496,403 |
|
Main Products & Services |
Capsule Filling Machine Automatic Coating System Rotary Tablet Press |
|
Competitors |
KEUMSUNG MACHINERY CO., LTD. 6BA-504, SIHWA INDUSTRIAL COMPLEX, 683-3,
SEONGGOK-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO, KOREA TEL:+82-31-491-5505 FAX:+82-31-491-5504 HL PHARM TECH CO., LTD. 3BA-815, SIHWA INDUSTRIAL COMPLEX, 2180-8,
JEONGWANG 1-DONG, SIHEUNG-SI, GYEONGGI-DO, KOREA TEL:+82-31-434-0126~7 FAX:+82-31-433-3157 SHINWHA PHARMA TECH 3RA-202, SIHWA INDUSTRIAL COMPLEX, 1273-1,
JEONGWANG 1-DONG, SIHEUNG-SI, GYEONGGI-DO, KOREA TEL:+82-31-434-3240 FAX:+82-31-434-3239 |
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates |
SEJONG ENGINEERING CO., LTD.(121111-0130616) SEJONG INDUSTRIAL MACHINERY CO., LTD.(121111-0130616) |
|
Cooperative Enterprise |
-Insured Company DONGBU INSURANCE CO., LTD.(110111-0095285) |
(Activity & Markets)
The subject exports
to Asia including India, Europe, Africa and North America.
No.
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.98 |
|
UK Pound |
1 |
Rs.87.55 |
|
Euro |
1 |
Rs.68.69 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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%) Maket trend (10%) Operational
size (10%)
|
Report Date : |
17.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
SEJONG PHARMATECH CO., LTD. |
|
|
|
|
Registered Office : |
419-4, Cheongcheon 2-dong, Bupyeong-gu, Incheon, Korea, Zip Code 403-858 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
08.03.1993 |
|
|
|
|
Com. Reg. No.: |
130-81-42445 |
|
|
|
|
Legal Form : |
Co., Ltd by shares |
|
|
|
|
Line of Business : |
Manufacture of Containers Cleaning, Packing and Wrapping Machinery and Charger |
|
|
|
|
No. of Employees : |
102 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company
Name |
SEJONG PHARMATECH CO., LTD. (Korean Company Name : “(주)세종파마텍”) |
|
Registered Address |
419-4, Cheongcheon
2-dong, Bupyeong-gu, Incheon,
Korea |
|
Zip Code |
403-858 |
|
Tel |
+82-32-508-1280~7 |
|
Fax |
+82-32-508-1288~9 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
419-4, Cheongcheon
2-dong, Bupyeong-gu, Incheon,
Korea |
|
Tel |
+82-32-508-1280~7 |
|
Fax |
+82-32-508-1288~9 |
|
Other Address-Techno Town Branch |
414-2, Cheongcheon-dong,
Bupyeong-gu, Incheon,
Korea |
|
Type |
Export |
|
Industry |
Manufacture of Containers Cleaning, Packing and Wrapping Machinery and
Charger |
|
Main Business |
Automatic Capsule Filling Machine, Rotary Tablet Press, Automatic
Coating Machine, High Speed Mixer |
|
Established (mm/dd/yyyy) |
03/08/1993 |
The Subject owns
the premises of registered HQ address/Factory(6,817㎡) and Techno Town Branch.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Coating machines(23151502) |
|
Sell |
Battery chargers(26111704) |
|
Sell |
Batch mixers(23191000) |
|
Sell |
Form or fill or seal machinery(23152902) |
|
Sell |
Iron plate(30102203) |
|
Sell |
Hydraulic presses(27121500) |
|
Buy |
Nuts(31161700) |
|
Buy |
Aluminum(11101705) |
|
Buy |
Iron plate(30102203) |
|
Buy |
Stainless steel plate(30102205) |
|
Buy |
Bolts(31161600) |
|
Buy |
Non ferrous alloy(11101711) |
|
Name |
Lee Won-Woo |
|
Address |
Suite A-2904, 262, Gilju-ro,
Wonmi-gu, Bucheon-si, Gyeonggi-do, Korea |
|
Date of Birth |
05/10/1947 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
400,000,000 |
||||||||||||||||||
|
Employees |
102 |
||||||||||||||||||
|
Formation |
Co., Ltd by shares |
||||||||||||||||||
|
Bank Details |
Korea Exchange Bank-Dodang
Dong Branch Shinhan Bank Kookmin Bank Woori Bank |
||||||||||||||||||
|
Corporate Registered No. |
124311-0038227 |
||||||||||||||||||
|
Business Registered No. |
130-81-42445 |
||||||||||||||||||
|
Permit & Licenses |
10/28/2005 CE 07/07/2005 ISO 14001 06/28/2005 CE 04/29/2003 ISO 9001 07/08/2002 CE 03/09/1999 CE 12/15/1998 ISO 9001 Int’l Trade No.: 11103831 |
||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||
|
Company History |
03/08/1993 Incorporated as the present name 08/30/2005 Increased the authorized shares
to 400,000 shares from 40,000 shares 08/31/2005 Increased capital to 400,000,000
KRW from 200,000,000 KRW |
||||||||||||||||||
|
|
|
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Lee Won-Woo |
Male |
Korean |
03/08/1993 |
|
Director |
Mr. |
Lee Sang-Ho |
Male |
Korean |
02/28/2011 |
|
Auditor |
M/S. |
Ko Han-Soon |
Female |
Korean |
03/27/2007 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
28,897,473,765 |
34,488,616,548 |
1,229,214,298 |
|
|
2010 |
30,882,701,088 |
38,814,382,731 |
2,086,686,636 |
|
2009 |
26,954,518,416 |
38,515,820,278 |
1,197,215,639 |
|
2008 |
26,585,757,187 |
37,814,671,402 |
2,745,461,807 |
|
2007 |
24,804,265,938 |
16,634,091,234 |
1,937,070,433 |
|
2006 |
20,589,042,619 |
16,121,439,924 |
420,901,489 |
|
2005 |
18,955,210,622 |
14,734,763,201 |
2,219,673,878 |
|
2004 |
15,331,000,000 |
6,703,000,000 |
197,000,000 |
|
2003 |
9,378,000,000 |
6,988,000,000 |
216,000,000 |
|
Authorized Capital(KRW) |
4,000,000,000 |
|
Paid-Up Capital(KRW) |
400,000,000 |
|
Total Issues Shares |
40,000 |
Balance
Sheet
|
|||
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total Assets |
34,488,616,548 |
38,814,382,731 |
38,515,820,278 |
|
Current Assets |
7,952,295,487 |
10,545,993,935 |
10,603,687,976 |
|
-Quick Assets |
4,325,911,372 |
7,686,510,294 |
8,690,268,671 |
|
-Inventories |
3,626,384,115 |
2,859,483,641 |
1,913,419,305 |
|
Fixed Assets |
26,536,321,061 |
28,268,388,796 |
27,912,132,302 |
|
-Investment |
85,975,443 |
1,513,840,000 |
1,088,980,000 |
|
-Tangibles |
26,354,004,098 |
26,711,795,882 |
26,797,927,648 |
|
-Intangibles |
52,220,452 |
41,520,914 |
21,992,654 |
|
-Others |
44,121,068 |
1,232,000 |
3,232,000 |
|
Total Liabilities |
26,742,855,233 |
29,293,425,157 |
29,881,549,340 |
|
Current Liabilities |
9,908,101,073 |
27,937,883,257 |
13,186,719,140 |
|
Fixed Liabilities |
16,834,754,160 |
1,355,541,900 |
16,694,830,200 |
|
Capital Stock |
400,000,000 |
400,000,000 |
400,000,000 |
|
Capital Surplus |
|
|
|
|
Profit Surplus |
7,350,171,872 |
9,120,957,574 |
8,234,270,938 |
|
Capital Adjustment |
-4,410,557 |
- |
|
|
Total Equity |
7,745,761,315 |
9,520,957,574 |
8,634,270,938 |
|
Liab. & Shareholder’s Equity |
34,488,616,548 |
38,814,382,731 |
38,515,820,278 |
|
Current
Liabilities |
9,908,101,073 |
27,937,883,257 |
13,186,719,140 |
|
Trade
Payables |
4,534,430,140 |
5,672,130,380 |
4,196,889,657 |
|
Short-Term
Borrowings |
3,000,000,000 |
5,100,000,000 |
6,270,000,000 |
|
Current
Portion of Long-Term Borrowings |
- |
15,000,000,000 |
- |
|
Account
Payables |
889,101,432 |
882,139,614 |
949,834,254 |
|
Withholdings |
72,354,660 |
57,490,370 |
49,657,150 |
|
Advance
Receipts |
1,366,338,403 |
1,129,233,564 |
1,631,998,175 |
|
Accrued Expenses |
45,876,438 |
24,538,159 |
25,871,274 |
|
Accrued Income Tax |
- |
72,351,170 |
62,468,630 |
|
Fixed
Liabilities |
16,834,754,160 |
1,355,541,900 |
16,694,830,200 |
|
Long-Term Borrowings |
15,000,000,000 |
- |
15,000,000,000 |
|
Leasehold Deposit Received |
775,450,000 |
621,950,000 |
1,110,044,000 |
|
Provision for Severance & Retirement |
1,059,304,160 |
733,591,900 |
588,629,500 |
Income
Statement
|
|||
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Sales |
28,897,473,765 |
30,882,701,088 |
26,954,518,416 |
|
Cost of Sold Goods |
18,001,998,019 |
18,260,255,889 |
17,597,006,348 |
|
Gross Profit |
10,895,475,746 |
12,622,445,199 |
9,357,512,068 |
|
Selling & Admin. Expenses |
9,666,935,888 |
9,914,732,381 |
7,408,419,922 |
|
Operating Income |
1,228,539,858 |
2,707,712,818 |
1,949,092,146 |
|
Non-Operating Income |
1,431,023,078 |
1,054,772,933 |
997,189,289 |
|
Non-Operating Expenses |
1,258,863,664 |
1,541,772,558 |
1,621,846,336 |
|
Income Before Taxes |
1,400,699,272 |
2,220,713,193 |
1,324,435,099 |
|
Income Taxes Expenses |
171,484,974 |
134,026,557 |
127,219,460 |
|
Net Income |
1,229,214,298 |
2,086,686,636 |
1,197,215,639 |
Cash
Flows
|
|||
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Cash Flows from Operating |
2,401,468,414 |
2,619,658,984 |
3,710,048,449 |
|
-Net Income |
1,229,214,298 |
2,086,686,636 |
1,197,215,639 |
|
-Exp. without Cash Outflow |
1,215,324,378 |
1,299,615,075 |
678,996,816 |
|
-Revenue without Cash Inflows |
-41,873,272 |
-26,668,013 |
- |
|
-Changes in Asset/ & Liability |
-1,196,990 |
-739,974,714 |
1,833,835,994 |
|
Cash Flows from Investing |
3,294,514,857 |
-890,953,239 |
-1,571,422,055 |
|
-Cash Inflow from Investing |
6,322,630,777 |
4,126,822,844 |
2,245,826,924 |
|
-Cash Outflows for Investing |
-3,028,115,920 |
-5,017,776,083 |
-3,817,248,979 |
|
Cash Flows from Financing |
-5,100,000,000 |
-2,370,000,000 |
-1,452,451,000 |
|
-Cash Inflows from Financing |
16,800,000,000 |
- |
1,210,550,000 |
|
-Cash Outflows from Financing |
-21,900,000,000 |
-2,370,000,000 |
-2,663,001,000 |
|
Increase/Decrease in Cash |
595,983,271 |
-641,294,255 |
686,175,394 |
|
Cash at the Beginning of Year |
271,202,148 |
912,496,403 |
226,321,009 |
|
Cash at the End of Year |
867,185,419 |
271,202,148 |
912,496,403 |
|
Main Products & Services |
Capsule Filling Machine Automatic Coating System Rotary Tablet Press |
|
Competitors |
KEUMSUNG MACHINERY CO., LTD. 6BA-504, SIHWA INDUSTRIAL COMPLEX, 683-3,
SEONGGOK-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO, KOREA TEL:+82-31-491-5505 FAX:+82-31-491-5504 HL PHARM TECH CO., LTD. 3BA-815, SIHWA INDUSTRIAL COMPLEX, 2180-8,
JEONGWANG 1-DONG, SIHEUNG-SI, GYEONGGI-DO, KOREA TEL:+82-31-434-0126~7 FAX:+82-31-433-3157 SHINWHA PHARMA TECH 3RA-202, SIHWA INDUSTRIAL COMPLEX, 1273-1,
JEONGWANG 1-DONG, SIHEUNG-SI, GYEONGGI-DO, KOREA TEL:+82-31-434-3240 FAX:+82-31-434-3239 |
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates |
SEJONG ENGINEERING CO., LTD.(121111-0130616) SEJONG INDUSTRIAL MACHINERY CO., LTD.(121111-0130616) |
|
Cooperative Enterprise |
-Insured Company DONGBU INSURANCE CO., LTD.(110111-0095285) |
(Activity & Markets)
The subject exports
to Asia including India, Europe, Africa and North America.
No.
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.98 |
|
UK Pound |
1 |
Rs.87.55 |
|
Euro |
1 |
Rs.68.69 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.