|
Report Date : |
09.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
IST CO., LTD. |
|
|
|
|
Registered
Office : |
497-5, Daeheung-ri, Seongnam-myeon,
Dongnam-gu, Cheonan-si, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
30.05.2003 |
|
|
|
|
Com. Reg. No.: |
312-81-62892 |
|
|
|
|
Legal Form : |
Co., Ltd by Shares |
|
|
|
|
Line of Business : |
Manufacture of Diodes, Transistors and Similar Semi-conductor Devices |
|
|
|
|
No. of Employees : |
88 |
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 |
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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 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company Name |
IST CO., LTD. (English
Company Name : INFINITY SEMICONDUCTOR
& TELECOMMUNICATION CO., LTD.) (Korean Company Name : “(주)아이에스티”) |
|
Registered Address |
497-5, Daeheung-ri, Seongnam-myeon,
Dongnam-gu, Cheonan-si, |
|
Zip Code |
330-893 |
|
Tel |
+82-41-552-5381~4 |
|
Fax |
+82-41-552-5385 |
|
E-mail |
ist@k-ist.com |
|
Website |
www.k-idt.com |
|
Trading Address |
497-5, Daeheung-ri, Seongnam-myeon,
Dongnam-gu, Cheonan-si, |
|
Tel |
+82-41-552-5381~4 |
|
Fax |
+82-41-552-5385 |
|
Type |
Export/Import |
|
Industry |
Manufacture of Diodes, Transistors and Similar Semi-conductor Devices |
|
Main Business |
LED Top View, LED Module, Memory Card |
|
Established (mm/dd/yyyy) |
05/30/2003 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Light emitting diodes LEDs(32111503) |
|
Name |
Kim Dong-Ho |
|
Address |
26, Haesol-gil, Dongnam-gu,
Cheonan-si, |
|
Date of Birth |
02/07/1967 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
1,725,000,000 |
|
Employees |
88 |
|
Formation |
Co., Ltd by Shares |
|
Bank Details |
Woori Bank-Cheonan Branch |
|
Corporate Registered No. |
161511-0057509 |
|
Business Registered No. |
312-81-62892 |
|
Permit & Licenses |
01/2005 ISO 9001 Int’l Trade No.: 16113660 |
|
Shareholder Position |
N/A |
|
Company History |
05/30/2003 Incorporated as the present name 03/10/2005 Moved to the present HQ address
from 9-2, Chaam-dong, Seobuk-gu, Cheonan-si, 11/2006 Awarded US$ 5 Million Export Top
Prize 07/02/2007 Increased the authorized shares
to 30,000,000 shares from 2,400,000 shares 02/27/2010 Increased capital to
1,725,000,000 KRW from 1,650,000,000 KRW |
|
|
|
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Kim Dong-Ho |
Male |
Korean |
03/21/2006 |
|
Director |
Mr. |
Lee Jung-Seok |
Male |
Korean |
05/29/2009 |
|
Director |
Mr. |
Noh Cheol-Myung |
Male |
Korean |
05/29/2009 |
|
Auditor |
Mr. |
Choi Sung-Jong |
Male |
Korean |
07/02/2007 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
|
|
|
|
|
2010 |
7,080,705,000 |
5,822,392,000 |
-462,170,000 |
|
2009 |
6,035,762,000 |
6,265,810,000 |
-2,445,647,000 |
|
2008 |
5,637,421,577 |
8,494,360,535 |
-4,862,964,508 |
|
2007 |
9,440,859,967 |
11,191,386,438 |
174,991,102 |
|
2006 |
16,330,000,000 |
|
|
The latest
financials are not available, and the Subject Company does not have any
obligations to release its financials to the public.
|
Authorized Capital(KRW) |
15,000,000,000 |
|
Paid-Up Capital(KRW) |
1,725,000,000 |
|
Total Issued Shares |
3,450,000 |
Balance
Sheet
|
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
5,822,392,000 |
6,265,810,000 |
8,494,361,000 |
|
Current Assets |
2,582,806,000 |
2,242,380,000 |
2,808,779,000 |
|
-Quick Assets |
- |
- |
- |
|
-Inventories |
- |
- |
- |
|
Fixed Assets |
3,239,586,000 |
4,023,430,000 |
5,685,582,000 |
|
-Investment |
- |
- |
- |
|
-Tangibles |
- |
- |
- |
|
-Intangibles |
- |
- |
- |
|
Total Liabilities |
5,513,747,000 |
5,794,119,000 |
6,154,092,000 |
|
Current Liabilities |
4,834,078,000 |
4,928,960,000 |
4,923,420,000 |
|
Fixed Liabilities |
679,669,000 |
865,159,000 |
1,230,672,000 |
|
Capital Stock |
1,725,000,000 |
1,650,000,000 |
1,320,000,000 |
|
Capital Surplus |
222,044,000 |
- |
- |
|
Profit Surplus |
-1,638,399,000 |
-1,176,229,000 |
1,275,553,000 |
|
Capital Adjustment |
- |
-2,080,000 |
-255,284,000 |
|
Total Equity |
308,645,000 |
471,691,000 |
2,340,269,000 |
|
Liab. & Shareholder’s Equity |
5,822,392,000 |
6,265,810,000 |
8,494,361,000 |
Income
Statement
|
|||
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
7,080,705,000 |
6,035,762,000 |
5,637,422,000 |
|
Cost of Sold Goods |
6,682,383,000 |
6,878,117,000 |
7,757,119,000 |
|
Gross Profit |
398,322,000 |
-842,355,000 |
-2,119,697,000 |
|
Selling & Admin. Expenses |
790,703,000 |
865,440,000 |
2,418,480,000 |
|
Operating Income |
-392,381,000 |
-1,707,795,000 |
-4,538,177,000 |
|
Non-Operating Income |
679,669,000 |
865,159,000 |
1,230,672,000 |
|
Non-Operating Expenses |
- |
- |
- |
|
Income Before Taxes |
-462,170,000 |
-2,445,647,000 |
-4,660,803,000 |
|
Income Taxes Expenses |
- |
- |
- |
|
Net Income |
-462,170,000 |
-2,445,647,000 |
-4,660,803,000 |
|
Main Products & Services |
LED Top View, LED Module, Memory Card |
|
Customers |
SAMSUNG ELECTRONICS CO., LTD.(130111-0006246) |
|
Competitors |
INTERNATIONAL DISPLAY SOLUTIONS CO., LTD. 593-2, CHANG-RI, NAMSA-MYEON, CHEOIN-GU,
YONGIN-SI, TEL:+82-31-329-8500 FAX:+82-31-329-8501 EPI VALLEY CO., LTD. 321, GONGDAN-DONG, GUMI-SI, TEL:+82-54-467-2114 FAX:+82-54-467-2222 ALTI SEMICONDUCTOR CO., LTD. 90-1, BONGMYEONG-RI, NAMSA-MYEON,
CHEOIN-GU, YONGIN-SI, TEL:+82-31-339-6400 FAX:+82-31-339-7646 |
(Subsidiaries,
Joint-Venture & Affiliates)
|
Cooperative |
-Insured Company SAMSUNG FIRE & MARINE INSURANCE CO., LTD.(110111-0005078) |
(Activity &
Markets)
Not Available.
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.34 |
|
|
1 |
Rs.86.09 |
|
Euro |
1 |
Rs.69.37 |
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.