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Report Date : |
03.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
CHUN HA TRADING CO. |
|
|
|
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Registered Office : |
2nd Fl., 814, Siheung 4-dong, Geumcheon-gu, |
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Country : |
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Date of Incorporation : |
23.05.1992 |
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Com. Reg. No.: |
107-46-84051 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesale of Other Industrial Machinery and Equipment |
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No. of Employees : |
01 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
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Status : |
Small Concern |
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Payment Behaviour : |
Unknown |
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Litigation : |
--- |
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 |
|
Company
Name |
CHUN HA TRADING
CO. (Korean Company Name : “천하무역상사”) |
|
Registered Address |
2nd Fl., 814, Siheung 4-dong,
Geumcheon-gu, |
|
Zip Code |
153-855 |
|
Tel |
+82-2-896-4071 |
|
Fax |
+82-2-6280-6966 |
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E-mail |
|
|
Trading Address |
2nd Fl., 814, Siheung 4-dong,
Geumcheon-gu, |
|
Tel |
+82-2-896-4071 |
|
Fax |
+82-2-6280-6966 |
|
Type |
Export/Import |
|
Industry |
Wholesale of Other Industrial Machinery and Equipment |
|
Main Business |
Plastic Raw Material Extruder, Food Machine, Food Engineering, PE, PS,
PP, Plastic Resin |
|
Sub
Business |
Wholesale of Synthetic Rubber and Plastics Materials |
|
Established (mm/dd/yyyy) |
05/23/1992 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Rubber and plastic processing machinery and
equipment and supplies(23151500) |
|
Sell |
Thermoplastic plastics(13102000) |
|
Sell |
Plastic resins(13111059) |
|
Sell |
Polymer masterbatches(12171701) |
|
Sell |
Chemistry reagents or solutions(41116105) |
|
Name |
Choi Jeom-Ryong(Jackie) |
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Title |
Owner |
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Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
|
Employees |
1 |
|
Formation |
Sole Proprietorship |
|
Bank Details |
Woori Bank-Youngdeungpo Seo Branch |
|
Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
|
Business Registered No. |
107-46-84051 |
|
Permit & Licenses |
N/A |
|
Shareholder Position |
The owner has 100% shares. |
|
Company History |
05/23/1992 Established as the present name |
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Owner |
Mr. |
Choi Jeom-Ryong(Jackie) |
Male |
Korean |
05/23/1992 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
2005 |
500,000,000 |
|
|
|
2004 |
500,000,000 |
|
|
|
2003 |
500,000,000 |
|
|
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) |
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 |
|
Main Products & Services |
Plastic Raw Material Extruder, Food Machine, Food Engineering, PE, PS,
PP, Plastic Resin |
|
Suppliers |
FOSHAN SHUNDE LECONG JINRONG FURNIFURE TEL: +86-757-28904890 FAX: :+86-757-24180120 |
|
Competitors |
JUNYOUNG CORPORATION 6TH FL., TEL:+82-2-547-8595 FAX:+82-2-547-8598 NAMDUCK MOOLSAN CO., LTD. RM. 1014, YEOUIDO DEPT. STORE, 36-2,
YEOUIDO-DONG, YEONGDEUNGPO-GU, TEL:+82-2-3774-0900 FAX:+2-2-3774-0901 KOWON CO., LTD. 7TH FL., GOWON BLDG., 20-19, YANGJAE
1-DONG, SEOCHO-GU, TEL:+82-2-578-6181 FAX:+82-2-578-6692 |
(Subsidiaries,
Joint-Venture & Affiliates)
|
Overseas Office |
NanChun Industrial Zone, Tel :+86-757-2618-0120 Fax :+86-757-2618-0120 |
(Activity &
Markets)
The Subject deals
with the companies in
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.93 |
|
|
1 |
Rs.85.85 |
|
Euro |
1 |
Rs.69.94 |
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.