|
Report Date : |
15.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
TERAVISION CORPORATION |
|
|
|
|
Registered Office : |
388-28, Jangji-dong, Gwangju-si, |
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Country : |
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|
|
|
|
Financials (as on) : |
31.12.2011 |
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|
|
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Date of Incorporation : |
04.07.2001 |
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|
|
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Com. Reg. No.: |
129-81-43288 |
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|
|
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Legal Form : |
Co., Ltd by shares |
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|
|
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Line of Business : |
Manufacture of Video and Other Audio Equipment |
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No. of Employees : |
19 |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
|
Litigation : |
Exist |
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 |
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Company
Name |
TERAVISION CORPORATION (Korean Company Name : (주)테라비젼) |
|
Registered Address |
388-28, Jangji-dong, Gwangju-si, |
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Zip Code |
464-070 |
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Tel |
+82-31-701-0251 |
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Fax |
+82-31-701-5891 |
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E-mail |
moon@teravision.co.kr;jhkim@teravision.co.kr |
|
Website |
www.teravision.co.kr |
|
Trading Address |
388-28, Jangji-dong, Gwangju-si, |
|
Tel |
+82-31-701-0251 |
|
Fax |
+82-31-701-5891 |
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Type |
Export/Import |
|
Industry |
Manufacture of Video and Other Audio Equipment |
|
Main Business |
CRT TV Board Kits, LCD TV Board Kits |
|
Established (mm/dd/yyyy) |
07/04/2001 |
Mr. Kim Soo-Tae owns
the premises of registered HQ address.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Bare printed circuit boards(32131010) |
|
Sell |
System boards processors interfaces or
modules(43201500) |
|
Name |
Moon Kyung Ho |
|
Address |
Suite 411-1302, 92, Seohyeon-dong,
Bundang-gu, Seongnam-si, |
|
Date of Birth |
07/17/1954 |
|
Title |
Co-President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
200,000,000 |
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|
Employees |
19 |
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Formation |
Co., Ltd by shares Venture Business |
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Bank Details |
Kookmin Bank-Yongin Branch Korea Exchange Bank Kookmin Bank-Yongin Branch Hana Bank |
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Corporate Registered No. |
131111-0063063 |
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Business Registered No. |
129-81-43288 |
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Permit & Licenses |
Intl Trading No. : 30034824 |
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Shareholder Position |
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Company History |
07/04/2001
Incorporated as the present name 11/30/2003
Awarded US$ 5 Million Export Prize 07/19/2004 Increased
the capital to 200,000,000KRW 11/2004
Awarded US$10 Million Export Top Prize 2005
Designated as a 01/01/2006
Designated as a Venture Business 03/2006
Designated as an INNO-BIZ 05/30/2006 Moved to the present HQ address
from 174-4, Yatap-dong, Bundang-gu, Seongnam-si, 11/11/2007 Spin off the par value to 500 KRW from 5,000 KRW 11/11/2007 Increased the authorized shares to 10,000,000 shares from
40,000 shares 02/27/2009 Designated as a Venture Business again |
||||||||||||||||||
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|
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Co-President & CEO |
Mr. |
Moon Kyung Ho |
Male |
Korean |
07/04/2001 |
|
Co-President & CEO |
Mr. |
Kim Soo-Tae |
Male |
Korean |
07/04/2004 |
|
Director |
Mr. |
Lee Chun-Pyo |
Male |
Korean |
07/04/2004 |
|
Director |
Mr. |
Yang Jae-Mo |
Male |
Korean |
07/04/2004 |
|
Director |
Mr. |
Kang Moo-Soon |
Male |
Korean |
07/04/2004 |
|
Auditor |
Mr. |
Kim Soo-Chul |
Male |
Korean |
03/31/2004 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
32,036,920,769 |
8,789,791,118 |
179,020,071 |
|
|
2010 |
39,027,090,206 |
11,263,836,786 |
199,040,434 |
|
2009 |
36,368,739,612 |
8,963,994,377 |
352,559,178 |
|
2008 |
28,937,023,553 |
7,159,325,361 |
167,723,504 |
|
2007 |
22,438,475,239 |
7,517,282,986 |
100,616,289 |
|
2006 |
26,330,610,000 |
6,495,000,000 |
445,030,000 |
|
2005 |
33,324,300,000 |
5,958,000,000 |
325,440,000 |
|
2004 |
23,208,000,000 |
2,264,000,000 |
231,000,000 |
|
2003 |
13,917,000,000 |
1,511,000,000 |
309,000,000 |
|
Authorized Capital(KRW) |
50,000,000,000 |
|
Paid-Up Capital(KRW) |
200,000,000 |
|
Total Issues Shares |
400,000 |
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total Assets |
8,789,791,118 |
11,263,836,786 |
8,963,994,377 |
|
Current Assets |
4,689,988,189 |
6,691,212,118 |
4,897,996,558 |
|
-Quick Assets |
2,809,733,550 |
3,499,647,844 |
3,397,448,784 |
|
-Inventories |
1,880,254,639 |
3,191,564,274 |
1,500,547,774 |
|
Fixed Assets |
4,099,802,929 |
4,572,624,668 |
4,065,997,819 |
|
-Investment |
788,120,000 |
664,949,000 |
499,545,940 |
|
-Tangibles |
88,692,618 |
184,930,449 |
212,055,863 |
|
-Intangibles |
431,637,159 |
490,479,059 |
549,320,959 |
|
-Others |
2,791,353,152 |
3,232,266,160 |
2,805,075,057 |
|
Total Liabilities |
6,502,992,587 |
9,153,919,220 |
7,052,277,085 |
|
Current Liabilities |
6,168,366,837 |
8,863,644,543 |
6,809,391,898 |
|
Fixed Liabilities |
334,625,750 |
290,274,677 |
242,885,187 |
|
Capital Stock |
200,000,000 |
200,000,000 |
200,000,000 |
|
Capital Surplus |
|
|
|
|
Profit Surplus |
2,097,628,992 |
1,918,608,921 |
1,719,568,487 |
|
Capital Adjustment |
-10,830,461 |
-8,691,355 |
-7,851,195 |
|
Total Equity |
2,286,798,531 |
2,109,917,566 |
1,911,717,292 |
|
Liab. &
Shareholders Equity |
8,789,791,118 |
11,263,836,786 |
8,963,994,377 |
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Current
Liabilities |
6,168,366,837 |
8,863,644,543 |
6,809,391,898 |
|
Trade Payables |
522,747,886 |
2,231,299,666 |
1,308,451,706 |
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Account Payables |
17,630,866 |
117,590,495 |
80,783,664 |
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Withholdings |
17,314,050 |
17,948,880 |
21,817,600 |
|
Advance Receipts |
213,623,333 |
592,296,854 |
1,380,207,812 |
|
Short-Term Borrowings |
5,365,931,686 |
5,726,404,443 |
3,731,218,849 |
|
Accrued Income Tax |
3,633,669 |
6,437,296 |
95,254,373 |
|
Accrued Expenses |
26,899,255 |
27,200,201 |
36,848,208 |
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Guarantee
Deposit Withhold |
- |
143,619,708 |
143,619,708 |
|
Short-Term Borrowings to Shareholders/
Executives/ Employees |
586,092 |
847,000 |
11,189,978 |
|
Fixed
Liabilities |
334,625,750 |
290,274,677 |
242,885,187 |
|
Provision for Severance & Retirement |
334,625,750 |
290,274,677 |
242,885,187 |
|
Unit : Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Sales |
32,036,920,769 |
39,027,090,206 |
36,368,739,612 |
|
Cost of Sold Goods |
27,224,459,471 |
34,418,655,915 |
31,005,891,919 |
|
Gross Profit |
4,812,461,298 |
4,608,434,291 |
5,362,847,693 |
|
Selling & Admin. Expenses |
4,363,655,418 |
4,181,943,414 |
4,869,323,462 |
|
Operating Income |
448,805,880 |
426,490,877 |
493,524,231 |
|
Non-Operating Income |
609,795,915 |
873,980,844 |
1,240,891,670 |
|
Non-Operating Expenses |
853,512,845 |
1,075,142,174 |
1,266,610,060 |
|
Income Before Taxes |
205,088,950 |
225,329,547 |
467,805,841 |
|
Income Taxes Expenses |
26,068,879 |
26,289,113 |
115,246,663 |
|
Net Income |
179,020,071 |
199,040,434 |
352,559,178 |
|
Unit :
Korean Won |
As of 12/31/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Cash Flows
from Operating |
-350,093,312 |
-1,153,061,410 |
796,522,387 |
|
-Net Income |
179,020,071 |
199,040,434 |
352,559,178 |
|
-Exp. without
Cash Outflow |
358,436,749 |
427,712,441 |
451,720,458 |
|
-Revenue
without Cash Inflows |
-11,739,559 |
-157,509,261 |
-44,425,203 |
|
-Changes in
Asset/ & Liability |
-875,810,573 |
-1,622,305,024 |
36,667,954 |
|
Cash Flows
from Investing |
276,164,498 |
-674,239,471 |
-726,824,242 |
|
-Cash Inflow
from Investing |
575,588,726 |
1,445,620,181 |
853,800,440 |
|
-Cash
Outflows for Investing |
-299,424,228 |
-2,119,859,652 |
-1,580,624,682 |
|
Cash Flows
from Financing |
-360,733,665 |
1,984,842,616 |
442,919,310 |
|
-Cash
Inflows from Financing |
5,488,023,840 |
5,476,968,931 |
6,039,510,358 |
|
-Cash
Outflows from Financing |
-5,848,757,505 |
-3,492,126,315 |
-5,596,591,048 |
|
Increase/Decrease
in Cash |
-434,662,479 |
157,541,735 |
512,617,455 |
|
Cash at the
Beginning of Year |
737,557,122 |
580,015,387 |
67,397,932 |
|
Cash at the
End of Year |
302,894,643 |
737,557,122 |
580,015,387 |
|
Main Products & Services |
CRT TV Board Kits, LCD TV Board Kits |
|
Competitors |
JEONGMIN ELECTRONICS CO., LTD. 7TH FL., SIBEOM INDUSTRIAL COMPLEX, 377-3,
YONGHO 3-DONG, TEL:+82-51-627-7342 FAX:+82-51-627-7345 ESTECOM CO., LTD. RM. 705, GUNPO I-VALLEY, 14-1, DANG-DONG,
GUNPO-SI, TEL:+82-31-427-8105 FAX:+82-31-427-8108 PETEC KOREA INC. 4TH FL., NATIONAL AGRICULTURAL COOPERATIVE
FEDERATION BLDG., 900-19, SINJEONG 4-DONG, YANGCHEON-GU, TEL:+82-2-2604-3684 FAX:+82-2-2604-4735 |
(Subsidiaries,
Joint-Venture & Affiliates)
|
Cooperative |
-Insured Company LIG INSURANCE CO., LTD(110111-0017859) -Cooperative Organization ELECTRONICS AND TELECOMMUNICATIONS RESEARCH
INSTITUTE(ETRI) |
(Activity &
Markets)
The subject exports
to
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
2010DA102755 |
Supreme Court of |
The Subject Company |
Phenix International Co., Ltd.( |
Claim for Compensation form Damages |
232,200,000 |
3rd round is proceeding |
|
2012GADAN6560 |
|
The Subject Company |
Dawoo Plan Co., Ltd.( |
Receivables |
31,020,000 |
1st round is proceeding. |
|
2012CHA546 |
|
The Subject Company |
Mr. Lee Ho(Individual) |
Claim for Compensation form Damages |
565,000,000 |
Proceeding |
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.79 |
|
|
1 |
Rs.86.37 |
|
Euro |
1 |
Rs.70.07 |
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 SCs 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.