|
Report Date : |
04.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
JINDOO TECHNOLOGY CO. |
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|
|
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Registered Office : |
221-2,
Ji-dong, Paldal-gu, Suwon-si, Gyeonggi-do, Korea |
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|
|
|
Country : |
South Korea |
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|
|
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Date of Incorporation : |
1997 |
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|
|
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Com. Reg. No.: |
135-26-96739 |
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|
|
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Legal Form : |
Sole Proprietorship |
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|
|
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Line of Business : |
Subject is engaged in Web Site Design |
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|
|
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No. of Employees : |
Not Available |
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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SOUTH KOREA - ECONOMIC
OVERVIEW
South Korea over the past four decades has demonstrated
incredible growth and global integration to become a high-tech industrialized economy.
In the 1960s, GDP per capita was comparable with levels in the poorer countries
of Africa and Asia. In 2004, South Korea joined the trillion dollar club of
world economies, and is currently the world's 12th largest economy. Initially,
a system of close government and business ties, including directed credit and
import restrictions, made this success possible. The government promoted the
import of raw materials and technology at the expense of consumer goods, and
encouraged savings and investment over consumption. The Asian financial crisis
of 1997-98 exposed longstanding weaknesses in South Korea's development model
including high debt/equity ratios and massive short-term foreign borrowing. GDP
plunged by 6.9% in 1998, and then recovered by 9% in 1999-2000. Korea adopted
numerous economic reforms following the crisis, including greater openness to
foreign investment and imports. Growth moderated to about 4% annually between
2003 and 2007. Korea''s export focused economy was hit hard by the 2008 global
economic downturn, but quickly rebounded in subsequent years, reaching 6.3%
growth in 2010. The US-South Korea Free Trade Agreement was ratified by both
governments in 2011 and went into effect in March 2012. Throughout 2012 the
economy experienced sluggish growth because of market slowdowns in the United
States, China, and the Eurozone. The incoming administration in 2013, following
the December 2012 presidential election, is likely to face the challenges of
balancing heavy reliance on exports with developing domestic-oriented sectors,
such as services. The South Korean economy''s long term challenges include a
rapidly aging population, inflexible labor market, and heavy reliance on
exports - which comprise half of GDP
Source
: CIA
Basic
|
Company Name |
JINDOO TECHNOLOGY CO. (Korean Company Name : “진두테크놀러지”) |
|
Registered
Address |
221-2,
Ji-dong, Paldal-gu, Suwon-si, Gyeonggi-do, Korea |
|
Building |
3FL.,
Dadahorse |
|
Zip Code |
442-837 |
|
Tel |
+82-31-255-3008 |
|
Fax |
+82-31-629-5223 |
|
E-mail |
korea@jindoo.net |
|
Website |
|
|
Trading Address |
3FL., Dadahorse, 221-2, Ji-dong, Paldal-gu, Suwon-si, Gyeonggi-do, Korea (New Address System : 371-1, Seji-ro, Paldal-gu, Suwon-si, Gyeonggi-do, Korea) |
|
Tel |
+82-31-255-3008 |
|
Fax |
+82-31-629-5223 |
|
Type |
Services |
|
Industry |
Web Site Design |
|
Main Business |
Web Site Design |
|
Sub Business |
|
|
Established
(mm/dd/yyyy) |
01/1997 |
Detailed Products
|
Activity |
Detailed
Products (UNSPSC) |
|
Sell |
World wide web WWW site operation host services(81112105) |
|
Sell |
System Software Development and Supply |
CEO’s
|
Name |
Park Moon-Sook |
|
Address |
|
|
Date of Birth |
|
|
Title |
Owner |
|
Sex |
Female |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
Not Applicable
to the Sole Proprietorship |
|
Employees |
N/A |
|
Formation |
Sole Proprietorship |
|
Bank Details |
N/A |
|
Corporate
Registered No. |
Not Applicable
to the Sole Proprietorship |
|
Business
Registered No. |
135-26-96739 |
|
Permit &
Licenses |
N/A |
|
Shareholder
Position |
The owner has
100% shares. |
|
Company
History |
01/1997
Established as the present name 08/21/2011
Moved to the present HQ address from 162-2, Ji-dong,
Paldal-gu, Suwon-si, Gyeonggi-do, Korea |
Management
|
Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Date |
|
Owner |
Mr. |
Park Moon-Sook |
Male |
Korean |
01/1997 |
Financials
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) |
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 |
Products,
Technologies, Services Description
|
Main Products
& Services |
Web Site Design |
|
Detailed
Products Spec. |
|
|
Technologies
Acquired |
|
Trade Partners &
Competitors
|
Suppliers |
|
|
Customers |
|
|
Competitors |
KOREACENTER.COM
CO., LTD. A-1401, WOOLIM
LION`S VALLEY 1-CHA, 371-28, GASAN-DONG, GEUMCHEON-GU, SEOUL, KOREA TEL:+82-2-2627-6562 FAX:+82-2-2026-5081 INAMES CO.,
LTD. 6TH FL., SEONGMUN
BLDG., 1-26, YANGJAE 1-DONG, SEOCHO-GU, SEOUL, KOREA TEL:+82-2-559-1004 FAX:+82-2-559-1234 +82-2-559-1001~3 JUNGBONET CO.,
LTD. RM. 1002,
NAKWON PLAZA BLDG., 856-3, JANGHANG 2-DONG, ILSANDONG-GU, GOYANG-SI,
GYEONGGI-DO, KOREA TEL:+82-70-7090-0050 +82-31-907-2430 FAX:+82-70--7016-0920 +82-31-907-2054 |
Sales by Region
(Activity & Markets)
Not Available.
Court Action
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.34 |
|
|
1 |
Rs.102.06 |
|
Euro |
1 |
Rs.84.46 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIS |
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.