MIRA INFORM REPORT

 

 

Report Date :           

07.03.2012

 

IDENTIFICATION DETAILS

 

Name :

UNITMA CO., LTD.

 

 

Registered Office :

224-8, Jamsilbon-dong, Songpa-gu, Seoul, Korea, 3rd Fl., Cheongmyeong Bldg., Zip Code 138-863

 

 

Country :

South korea

 

 

Financials (as on) :

31.12.2008

 

 

Date of Incorporation :

13.03.2006

 

 

Com. Reg. No.:

215-86-82985

 

 

Legal Form :

Co., Ltd by Shares

 

 

Line of Business :

Manufacture of Other Medical and Surgical Equipment and Orthopedic Appliances

 

 

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 – September 30th, 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

 

Company Name

UNITMA CO., LTD.

(Korean Company Name : “유니트마()”)

Registered Address

224-8, Jamsilbon-dong, Songpa-gu, Seoul, Korea

Building

3rd Fl., Cheongmyeong Bldg.

Zip Code

138-863

Tel

+82-2-420-0070

Fax

+82-2-420-9797

E-mail

unitma@unitma.com

Website

www.unitma.com

Trading Address

3rd Fl., Cheongmyeong Bldg., 224-8, Jamsilbon-dong, Songpa-gu, Seoul, Korea

Tel

+82-2-420-0070

Fax

+82-2-420-9797

Type

Export

Industry

Manufacture of Other Medical and Surgical Equipment and Orthopedic Appliances n.e.c.

  Main Business

Manual Tissue Microarrayer, Automated Tissue Microarrayer, Insulin Pump, Recipient Block, Carbon Film Heater

Established (mm/dd/yyyy)

03/13/2006

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Enteral feeding infusion pumps(42231501)

Sell

Clinical and diagnostic analyzers and accessories and supplies(41115800)

 

 

CEO’s

 

Name

Lee Young-Do

Address

Suite 602, 307-2, Jamsil-dong, Songpa-gu, Seoul, Korea

Date of Birth

02/16/1959

Title

President & CEO

Sex

Male

Nationality

Korean

 


Profiles

 

Capital (KRW)

300,000,000

Employees

10

Formation

Co., Ltd by Shares

Bank Details

N/A

Corporate Registered No.

110111-3417890

Business Registered No.

215-86-82985

Permit & Licenses

08/2007 ISO 9001

02/2008 CE Mark

04/2008 CE Mark

05/2008 UL Mark

Shareholder Position

N/A

Company History

03/13/2006 Incorporated as the present name

04/04/2006 Increased the authorized shares to 2,400,000 shares from 400,000 shares

04/04/2006 Increased capital to 300,000,000 KRW from 58,823,500 KRW

02/06/2007 Designated as a Venture Business

02/06/2008 Designated as a Venture Business again

04/2009 Designated as an INNO-BIZ Company

02/2010 Designated as a Venture Business again

06/2010 Designated as a Promising SME

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

Mr.

Lee Young-Do

Male

Korean

03/13/2009

Director

Mr.

Jung Hyung-Jae

Male

Korean

03/13/2009

Director

M/S.

Shin Joo-Yeon

Female

Korean

03/13/2009

Auditor

M/S.

Bum Hyang-Ok

Female

Korean

03/13/2009

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2010

1,500,000,000

 

 

2009

 

 

 

2008

421,000,000

488,000,000

93,000,000

2007

480,000,000

 

 

2006

220,000,000

 

 

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)

1,200,000,000

Paid-Up Capital(KRW)

300,000,000

Total Issued Shares

600,000

 

 

Balance Sheet

 

Unit : Korean Won

As of 12/31/2010

As of 12/31/2009

As of 12/31/2008

Total Assets

 

 

488,000,000

Current Assets

 

 

202,000,000

-Quick Assets

 

 

122,000,000

-Inventories

 

 

80,000,000

Fixed Assets

 

 

286,000,000

-Investment

 

 

97,000,000

-Tangibles

 

 

169,000,000

-Intangibles

 

 

 

Total Liabilities

 

 

201,000,000

Current Liabilities

 

 

201,000,000

Fixed Liabilities

 

 

 

Capital Stock

 

 

300,000,000

Capital Surplus

 

 

 

Profit Surplus

 

 

5,000,000

Capital Adjustment

 

 

-18,000,000

Total Equity

 

 

287,000,000

Liab. & Shareholder’s Equity

 

 

488,000,000

 

 

Income Statement

 

Unit : Korean Won

As of 12/31/2010

As of 12/31/2009

As of 12/31/2008

Sales

 

 

421,000,000

Cost of Sold Goods

 

 

185,000,000

Gross Profit

 

 

236,000,000

Selling & Admin. Expenses

 

 

144,000,000

Operating Income

 

 

92,000,000

Non-Operating Income

 

 

26,000,000

Non-Operating Expenses

 

 

25,000,000

Income Before Taxes

 

 

93,000,000

Income Taxes Expenses

 

 

 

Net Income

 

 

93,000,000

 


 

Products, Technologies, Services Description

 

Main Products & Services

Manual Tissue Microarrayer, Automated Tissue Microarrayer, Insulin Pump, Recipient Block, Carbon Film Heater

 

 

Trade Partners & Competitors

 

Competitors

KOREA BONE BANK CO., LTD.

RM. 402, NAMSUNG PLAZA(ACE 9-CHA), 345-30, GASAN-DONG, GEUMCHEON-GU, SEOUL, KOREA

TEL:+82-2-2104-0475  FAX:+82-2-2104-0478

 

SOLCO BIOMEDICAL CO., LTD.

34-6, GEUMAM-RI, SEOTAN-MYEON, PYEONGTAEK-SI, GYEONGGI-DO, KOREA

TEL:+82-31-664-4101  FAX:+82-31-663-6520

 

DIO MEDICAL CO., LTD.

RM. 103, MEGA CENTER, SKN TECHNO PARK, 190-1, SANGDAEWON 1-DONG, JUNGWON-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA

TEL:+82-31-776-3690  FAX:+82-31-776-3691

 

 

Sales by Region

(Activity & Markets)

 

The Subject exports to Italy, Turkey, Pakistan, India, Vietnam, China and Taiwan.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.03

UK Pound

1

Rs.79.32

Euro

1

Rs.66.02

 

 

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.