MIRA INFORM REPORT

 

 

Report Date :

30.08.2012

 

 

 

 

IDENTIFICATION DETAILS

 

Name :

JS INTERNATIONAL CO., LTD.

 

 

Registered Office :

449-2, Sinsu-dong, Mapo-gu, Seoul, Korea 121-856

 

 

Country :

South Korea

 

 

Date of Incorporation :

31.12.1998

 

 

Com. Reg. No.:

105-81-97148

 

 

Legal Form :

Co., Ltd by shares

 

 

Line of Business :

Manufacture of Other Parts and Accessories for Motor Vehicles

 

 

No. of Employees :

10

 

 

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)

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

JS INTERNATIONAL CO., LTD.

(Korean Company Name : “제이에스인터내셔날(주)”)

Registered Address

449-2, Sinsu-dong, Mapo-gu, Seoul, Korea

Building

 

Zip Code

121-856

Tel

+82-2-3272-8751

Fax

+82-2-3272-8756

E-mail

joonlee@jsintn.com;info@jsintn.com

Website

www.jsintn.com

Trading Address

449-2, Sinsu-dong, Mapo-gu, Seoul, Korea

Tel

+82-2-3272-8751

Fax

+82-2-3272-8756

Other Address-Factory

602, Wadong-ri, Gyoha-eup, Paju-si, Gyeonggi-do, Korea

Tel

+82-31-944-1717

Fax

 

Type

Export

Industry

Manufacture of Other Parts and Accessories for Motor Vehicles n. e. c.

  Main Business

Brake Pad, Brake Lining, Clutch, Filter, Bearing, Auto Lamp

  Sub Business

 

Established (mm/dd/yyyy)

12/31/1998

The Subject Company occupies the premises of registered HQ address by leasing base.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Disc brake pads(25171713)

Sell

Clutches(26111900)

Sell

Bearings(31171500)

Sell

Lamps(39101600)

Sell

Braking systems and components(25171700)

Sell

Brake lines(25171716)

Sell

Greases(15121900)

Sell

Asbestos(11101510)

Sell

Nonwoven fabrics(11162200)

Sell

Brake drum(25171714)

Sell

Braking systems and components(25171700)

 

 

CEO’s

 

Name

Lee Joon-Young

Address

Suite 102-803, 1682, Seocho-dong, Seocho-gu, Seoul, Korea

Date of Birth

12/03/1971

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

50,000,000

Employees

10

Formation

Co., Ltd by shares

Bank Details

Shinhan Bank-Namdaemun Branch

Corporate Registered No.

110111-1627251

Business Registered No.

105-81-97148

Permit & Licenses

Int’l Trade No.: 11593144

Shareholder Position

Name

Shares

%

LEE JOON-YOUNG

7,000

70.00

HUR EUN-SUNG

1,000

10.00

HAN JI-HYUN

1,000

10.00

OTHERS

1,000

10.00

TOTAL

10,000

100.00

Company History

12/31/1998 Incorporated as the present name

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

Mr.

Lee Joon-Young

Male

Korean

12/27/2007

Director

Mr.

Lee Byung-Kwan

Male

Korean

12/31/1998

Director

M/S.

Han Ji-Hyun

Female

Korean

12/31/2001

Auditor

M/S.

Hur Eun-Sung

Female

Korean

12/31/1998

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2011

 

 

 

2010

 

 

 

2009

1,529,840,000

 

11,380,000

2008

2,173,000,000

 

10,000,000

2007

1,580,000,000

 

17,000,000

2006

1,150,000,000

 

-79,000,000

2005

1,200,000,000

 

 

2004

1,400,000,000

 

 

2003

1,400,000,000

 

 

The full financials are not available, and the Subject Company does not have any obligations to release its financials to the public.

 

Financial Description

 

Authorized Capital(KRW)

200,000,000

Paid-Up Capital(KRW)

50,000,000

Total Issues Shares

10,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Brake Pad

Brake Shoe

Brake Lining

Special Brake

 

 

Trade Partners & Competitors

 

Competitors

S & T DYNAMICS CO., LTD.

853-5, OE-DONG, CHANGWON-SI, GYEONGSANGNAM-DO, KOREA

TEL:+82-55-280-5000  FAX:+82-55-283-2579

 

SEOJIN CLUTCH CORP.

3NA-609, SIHWA INDUSTRIAL COMPLEX, 1280-9, JEONGWANG 1-DONG, SIHEUNG-SI, GYEONGGI-DO, KOREA

TEL:+82-31-496-1500  FAX:+82-31-499-7760

 

SAERON AUTOMOTIVE CORPORATION

306-1, GAJEON-RI, BYEONGCHEON-MYEON, DONGNAM-GU, CHEONAN-SI, CHUNGCHEONGNAM-DO, KOREA

TEL:+82-41-560-4114  FAX:+82-41-561-9219

 

 

Related Parties

(Subsidiaries, Joint-Venture & Affiliates)

 

Affiliates

JS CORPORATION

SAMSUNG BRAKE CO., LTD.

SK TRADE INTERNATIONAL

SHAMIN FARAZ ASIA CO., LTD.(IRAN)

Overseas Office

JSC(GWANGZHOU, CHINA)

 

 

Sales by Region

(Activity & Markets)

 

The Subject exports to Bangladesh and Iran.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

--

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.66

UK Pound

1

Rs.88.04

Euro

1

Rs.69.91

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.