MIRA INFORM REPORT

 

 

Report Date :

25.01.2012

 

IDENTIFICATION DETAILS

 

Name :

CRYSTAR & JOR

 

 

Registered Office :

KCC Bldg. 11-1, Malli-dong 2-ga, Jung-gu, Seoul, Korea 100-372

 

 

Country :

South Korea

 

 

Year of Establishment :

2008

 

 

Com. Reg. No.:

119-14-20326

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Wholesales and Retails of Precious Metals and Related Articles

 

 

No. of Employees :

Not Available

 

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 :

Small Company

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 – 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

CRYSTAR & JOR

(Trade name : CHRYSE)

(Korean Company Name : “크리스타엔조르”)

Registered Address

11-1, Malli-dong 2-ga, Jung-gu, Seoul, Korea

Building

KCC Bldg.

Zip Code

100-372

Tel

+82-2-318-8302

Fax

N/A

E-mail

md@chryse.co.kr

Website

www.chryse.co.kr

Trading Address

KCC Bldg., 11-1, Malli-dong 2-ga, Jung-gu, Seoul, Korea

Tel

+82-2-318-8302

Fax

N/A

Other Address

Rm.403, 181-1, Hoehyeon-dong 1-ga, Jung-gu, Seoul, Korea

Type

Export/Import

Industry

Wholesales and Retails of Precious Metals and Related Articles

  Main Business

Necklace, Ring, Earrings

Established (mm/dd/yyyy)

2008

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Earrings(54101604)

Sell

Fine jewelry necklaces(54101502)

Sell

Fine jewelry rings(54101503)

Sell

Imitation jewelry(54101600)

 

 

CEO’s

 

Name

Yoon Sun-Young

Title

Owner

Sex

Female

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

Not Applicable to the Sole Proprietorship

Employees

N/A

Formation

Sole Proprietorship

Bank Details

Kookmin Bank (A/C No.: 435001-01-304702)

Corporate Registered No.

N/A. (The 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.)

Business Registered No.

119-14-20326

Company History

N/A, but it is known that the subject has been established in 2008.

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

Owner

M/S.

Yoon Sun-Young

Female

Korean

 

Manager

M/S.

Yoon Ja-Young

Female

Korean

 

 

 

Financials

 

The 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)

Not Applicable to the Sole Proprietorship

Paid-Up Capital(KRW)

Not Applicable to the Sole Proprietorship

Total Issued Shares

Not Applicable to the Sole Proprietorship

 

 

Products, Technologies, Services Description

 

Main Products & Services

Necklace, Ring, Earrings

 

Brand Name : CHRYSE

 


Trade Partners & Competitors

 

Competitors

ECHO TEK

110, GUMI-DONG, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA

TEL:+82-31-717-6324  FAX:+82-31-717-6341

 

KOREA POWDER METALLURGY CO., LTD.

1025, INJU LOCAL INDUSTRIAL COMPLEX 1, GEOLMAE-RI, INJU-MYEON, ASAN-SI, CHUNGCHEONGNAM-DO, KOREA

TEL:+82-41-538-3800  FAX:+82-41-538-3815

 

ADVANCE POWER METALLURSY CORP.

764-2, YEHYEON-RI, GUJI-MYEON, DALSEONG-GUN, DAEGU, KOREA

TEL:+82-2-869-6921  FAX:+82-2-855-5106

 

 

Sales by Region

(Activity & Markets)

 

Not Available.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

--

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.97

UK Pound

1

Rs.77.74

Euro

1

Rs.65.09

 

 

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.