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Report Date : |
16.06.2012 |
IDENTIFICATION DETAILS
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Name : |
CENOTEC CO., LTD. |
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|
|
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Registered Office : |
1412, Okryeol-ri, Daesan-myeon, Haman-gun, |
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|
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Country : |
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|
|
|
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Financials (as on) : |
31.12.2009 |
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|
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Date of Incorporation : |
14.05.1999 |
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Com. Reg. No.: |
608-81-34467 |
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Legal Form : |
Co., Ltd by shares |
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Line of Business : |
Manufacturer of Non-metallic Crushed Mineral Products |
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|
|
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No. of Employees : |
22 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 |
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Restricted |
C2 |
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Off-credit |
D |
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Company
Name |
CENOTEC CO.,
LTD. (Korean Company
Name : “(주)쎄노텍”) |
|
Registered Address |
1412, Okryeol-ri, Daesan-myeon, Haman-gun,
|
|
Zip Code |
637-913 |
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Tel |
+82-55-584-9181~3 |
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Fax |
+82-55-584-9186 |
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E-mail |
|
|
Website |
|
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Trading Address |
1413-1,
1413-2, Okryeol-ri, Daesan-myeon, Haman-gun, Gyeongsangnam-do, |
|
Tel |
+82-55-584-9181~3 |
|
Fax |
+82-55-584-9186 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Non-metallic Crushed Mineral Products |
|
Main Business |
Zirconia Bead, Zircon Bead, Functional Fine Ceramic Powder |
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Established (mm/dd/yyyy) |
05/14/1999 |
The Subject owns the
premises of registered HQ address.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Abrasives and abrasive media(31191500) |
|
Name |
Kim Eok-Gon |
|
Address |
|
|
Date of Birth |
03/08/1970 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
400,000,000 |
||||||||||||||||||
|
Employees |
22 |
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|
Formation |
Co., Ltd by shares |
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Bank Details |
Industrial Bank of Korea-Masan Branch Gyungnam Bank-Sales Department |
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Corporate Registered No. |
190111-0035136 |
||||||||||||||||||
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Business Registered No. |
608-81-34467 |
||||||||||||||||||
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Permit & Licenses |
04/2002 ISO 9001 Int’l Trade No.: 24026002 |
||||||||||||||||||
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Shareholder Position |
|
||||||||||||||||||
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Company History |
09/1998 Established as CERAMIC R&D
CO.(SOLE PROPRIETORSHIP) 05/14/1999 Incorporated as CERAMIC R&D
CO., LTD. 11/1999 Designated as a Venture Business 09/2001 Changed company name to the present
name 01/16/2004 Designated as a Venture Business
again 01/16/2006 Designated as a Venture Business
again 12/27/2006 Moved to the present HQ address
from 430-31, Sinchon-ri, Jinbuk-myeon, Masan-si, |
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|
|
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Kim Eok-Gon |
Male |
Korean |
03/16/2011 |
|
Director |
Mr. |
Moon Jong-Soo |
Male |
Korean |
06/01/2011 |
|
Director |
Mr. |
Hong Gyoung-Pyo |
Male |
Korean |
12/27/2006 |
|
Director |
Mr. |
Tak Hyun-Cheol |
Male |
Korean |
03/27/2012 |
|
Director |
Mr. |
Cho Bum-Rae |
Male |
Korean |
12/27/2006 |
|
Auditor |
Mr. |
Moon Jong-Soo |
Male |
Korean |
12/27/2006 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
|
|
|
|
|
2010 |
|
|
|
|
2009 |
11,875,000,000 |
7,263,000,000 |
1,903,000,000 |
|
2008 |
6,766,000,000 |
5,192,000,000 |
608,000,000 |
|
2007 |
4,956,000,000 |
4,763,000,000 |
302,000,000 |
|
2006 |
4,458,000,000 |
4,357,000,000 |
334,000,000 |
|
2005 |
4,191,000,000 |
2,139,000,000 |
333,000,000 |
The latest & full
financials are not available, and the Subject Company does not have any
obligations to release its financials to the public.
|
Authorized Capital(KRW) |
1,000,000,000 |
|
Paid-Up Capital(KRW) |
400,000,000 |
|
Total Issued Shares |
80,000 |
Balance
Sheet
|
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
|
7,263,000,000 |
5,192,000,000 |
|
Current Assets |
|
4,602,000,000 |
2,896,000,000 |
|
-Quick Assets |
|
4,560,000,000 |
2,896,000,000 |
|
-Inventories |
|
42,000,000 |
- |
|
Fixed Assets |
|
2,661,000,000 |
2,296,000,000 |
|
-Investment |
|
350,000,000 |
224,000,000 |
|
-Tangibles |
|
2,260,000,000 |
2,066,000,000 |
|
-Intangibles |
|
- |
- |
|
Total Liabilities |
|
4,534,000,000 |
3,365,000,000 |
|
Current Liabilities |
|
3,112,000,000 |
2,271,000,000 |
|
Fixed Liabilities |
|
1,423,000,000 |
1,095,000,000 |
|
Capital Stock |
|
400,000,000 |
400,000,000 |
|
Capital Surplus |
|
- |
- |
|
Profit Surplus |
|
2,329,000,000 |
1,426,000,000 |
|
Capital Adjustment |
|
- |
- |
|
Total Equity |
|
2,729,000,000 |
1,826,000,000 |
|
Liab. & Shareholder’s Equity |
|
7,263,000,000 |
5,192,000,000 |
Income
Statement
|
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
|
11,875,000,000 |
6,766,000,000 |
|
Cost of Sold Goods |
|
7,884,000,000 |
5,214,000,000 |
|
Gross Profit |
|
3,991,000,000 |
1,552,000,000 |
|
Selling & Admin. Expenses |
|
1,380,000,000 |
1,046,000,000 |
|
Operating Income |
|
2,611,000,000 |
506,000,000 |
|
Non-Operating Income |
|
345,000,000 |
608,000,000 |
|
Non-Operating Expenses |
|
663,000,000 |
506,000,000 |
|
Income Before Taxes |
|
2,294,000,000 |
608,000,000 |
|
Income Taxes Expenses |
|
391,000,000 |
- |
|
Net Income |
|
1,903,000,000 |
608,000,000 |
|
Main Products & Services |
Yttria Stabilized Zirconia Bead (CZY) Ceria Stabilized Zirconia Bead (CZC) Zirconium Silicate Bead(CZS) Brand Name : cenobead |
|
Competitors |
NANOINTECH CO., LTD. 143, BOTONG-RI, JIJEONG-MYEON, WONJU-SI, TEL:+82-33-735-4061~3 FAX:+82-33-735-4067 DOOROO CORP. 269-211, SEONGSU 2-GA 1-DONG, SEONGDONG-GU,
TEL:+82-2-468-3134 FAX:+82-2-468-9346 |
(Activity &
Markets)
The Subject exports
to
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.76 |
|
|
1 |
Rs.86.69 |
|
Euro |
1 |
Rs.70.44 |
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.