|
Report Date : |
17.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
KOLON INDUSTRIES, INC. |
|
|
|
|
Registered Office : |
1-23, Byeoryang-dong, Gwacheon-si, Gyeonggi-do |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
30.09.2013 |
|
|
|
|
Date of Incorporation : |
05.01.2010 |
|
|
|
|
Com. Reg. No.: |
138-81-56604 from 202-81-44660 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacture of Synthetic Resin and Other Plastic Materials |
|
|
|
|
No. of Employees : |
3,788 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No complaints |
|
|
|
|
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 |
KOLON INDUSTRIES, INC. |
|
Registered Address |
1-23, Byeoryang-dong, Gwacheon-si, Gyeonggi-do, Korea |
|
Building |
Kolon Tower |
|
Zip Code |
427-709 |
|
Tel |
+82-2-3677-3114 |
|
Fax |
+82-2-3677-3389 |
|
E-mail |
ikolon@kolon.com;ddochi97@kolon.com |
|
Website |
www.ikolon.com |
|
Trading Address |
10Th FL., Kolon Tower, 1-23, Byeoryang-dong, Gwacheon-si,
Gyeonggi-do, Korea |
|
Tel |
+82-2-3677-3515 |
|
Fax |
+82-2-3677-3539 |
|
Other Address-FnC Div. |
Gt Tower, 1317-27, Seocho-dong, Seocho-gu, Seoul,
Korea |
|
Tel |
+82-2-3677-8053 |
|
Fax |
|
|
Other Address-Gumi Factory |
Kolon, 212, Gongdan 2-dong, Gumi-si, Gyeongsangbuk-do, Korea |
|
Tel |
+82-54-469-3114 |
|
Fax |
+82-54-469-3116 |
|
Other Address-Gyeongsan Factory |
345, Bugi-ri, Jillyang-eup, Gyeongsan-si, Gyeongsangbuk- do, Korea |
|
Tel |
+82-53-850-2114 |
|
Fax |
+82-53-850-2034 |
|
Other Address-Gimcheon Factory |
300-2, Eungmyeong-dong, Kimcheon-si, Gyeongsangbuk- do, Korea |
|
Tel |
+82-54-429-7305 |
|
Fax |
+82-54-429-7660 |
|
Type |
Export/Import |
|
Industry |
Spinning of Man-Made Fibers |
|
Main Business |
Spandex Yarn, Tire Cord Yarn, PET Film, Nylon Film, Stamping Foil,
Window Film, Dry Film, Engineering
Plastic, Sports Wear, Golf Wear, Casual Wear |
|
Sub
Business |
Manufacture of Synthetic Resin and Other Plastic Materials |
|
Established (mm/dd/yyyy) |
01/05/2010 |
The Subject owns the premises of registered Gumi Factory,
Gyeongsan Factory and Gimcheon Factory.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Gel stabilizers(12161807) |
|
Sell |
Phenolic resin(13111002) |
|
Sell |
Additives(12160000) |
|
Sell |
Resins(13111000) |
|
Sell |
Polyurethane resins(13111061) |
|
Sell |
Petroleum resins(13111060) |
|
Sell |
Blank video tapes(45131604) |
|
Sell |
Tire cord(25172507) |
|
Sell |
Miniature golf courses(90151703) |
|
Sell |
Films(13111200) |
|
Sell |
Threads(11151600) |
|
Sell |
Polyester thread(11151603) |
|
Sell |
Nylon thread(11151608) |
|
Sell |
Spandex thread(11151611) |
CEO’s
|
Name |
Park Dong-Moon |
|
Address |
|
|
Date of Birth |
07/1958 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
135,837,700,000 |
|||||||||||||||||||||||||||
|
Employees |
3,788 |
|||||||||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange: 120110) as of 02/01/2010 A Company of KOLON GROUP |
|||||||||||||||||||||||||||
|
Bank Details |
Korea Development Bank Korea Exchange Bank Woori Bank-Kwacheon Branch |
|||||||||||||||||||||||||||
|
Corporate Registered No. |
135311-0013606 from 110111-0030528 |
|||||||||||||||||||||||||||
|
Business Registered No. |
138-81-56604 from 202-81-44660 |
|||||||||||||||||||||||||||
|
Permit & Licenses |
Int’l Trade No.: 974679 |
|||||||||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||||||||
|
Company History |
04/12/1957 Incorporated as Korea Nylon INC. 02/25/1977 Changed company name to KOLON(NYLON) INC. 10/28/1981 Changed company name to the present name 06/01/2007 Acquired KOLON CHEMICAL CO., LTD. (110111-0191405) 11/20/2007 Decided to spin off into two companies, KOLON INDUSTRIES, INC., and KOLN Fashion Material Co., Ltd. as of
03/02/2008 08/2009 Acquired FnC KOLON CORP(110111-0003973) 12/31/2009 Spin off into the Subject Company, KOLON
INDUSTRIES, INC.(Newly Established Company and which is taken of the manufacturing
business), and KOLON CORPORATION(110111-0030528) as a Holding
Company 01/05/2010 Incorporated as the present name 02/01/2010 Listed at Korea Stock Exchange(120110) 05/01/2011 Acquired CAMBRIDGE KOLON CO., LTD.(134111-0000517) 09/30/2012 Acquired KOLON PLASTICS INC.(171311-0003504) and KSI CO.,
LTD.(171411-0010789) |
|||||||||||||||||||||||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Chairman & CEO |
Mr. |
Lee Woong-Ryeol |
Korean |
1956.04.18 |
MBA, Gorge Washington University |
|
President & CEO |
Mr. |
Park Dong-Moon |
Korean |
1958.07 |
George Washington University,
USA |
|
Director |
Mr. |
Song Seok-Jung |
Korean |
1955.05 |
Korea University, Korea |
|
Sr. Executive President |
Mr. |
Hong Sung-An |
Korean |
1961.07 |
Busan national University, Korea |
|
Director |
Mr. |
Numano Ryuichi |
Japanese |
1952.06.08 |
慶應義塾大學, Japan |
|
Outside Director |
Mr. |
Kim Myung-Won |
Korean |
1947.05.28 |
Myungji University, Korea |
|
Outside Director |
Mr. |
Shin Jang-Sub |
Korean |
1962.01.28 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Choi Nam-Kyu |
Korean |
1941.11.25 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Nam In-Sik |
Korean |
1950.01.21 |
Univ. of Massachusetts |
|
Outside Director |
Mr. |
Kim Sung-Ho |
Korean |
1946.10.21 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Kim Jong-Ho |
Korean |
1947.08 |
Kyunghee University, Korea |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
2,851,365,395,717 |
3,696,834,407,990 |
54,647,645,334 |
|
|
(*)2012 |
4,103,325,509,899 |
3,561,314,087,017 |
130,707,394,640 |
|
(*)2011 |
4,063,828,838,425 |
3,578,931,698,372 |
185,310,557,004 |
|
(*)2010 |
3,228,788,843,934 |
3,186,148,737,420 |
179,435,051,168 |
(*)Figures are
based on the K-IFRS Accounting System.
Financial
Description
|
Authorized Capital(KRW) |
250,000,000,000 |
|
Paid-Up Capital(KRW) |
139,118,490,000 |
|
Total Issued Shares |
27,823,698 |
|
Unit : Korean Won |
01/01/2013~09/30/2013 |
As of 12/31/2012 |
As of 12/31/2011 |
|
Total Assets |
3,696,834,407,990 |
3,561,314,087,017 |
3,578,931,698,372 |
|
Current Assets |
1,428,771,712,453 |
1,398,243,507,828 |
1,437,412,190,597 |
|
Cash & Cash Equivalents |
62,746,694,183 |
105,651,447,519 |
96,153,894,887 |
|
Other Finance Assets |
40,000,000,000 |
30,000,000,000 |
- |
|
Trade Receivables & Other
Receivables |
614,354,459,362 |
628,023,787,047 |
692,004,432,363 |
|
Inventories |
677,792,868,680 |
609,940,905,170 |
605,994,032,684 |
|
Other Current Assets |
33,877,690,228 |
24,627,368,092 |
43,259,830,663 |
|
Non-Current Assets |
2,268,062,695,537 |
2,163,070,579,189 |
2,141,519,507,775 |
|
Non-Current Financial Instruments |
41,500,000 |
41,500,000 |
59,500,000 |
|
Trade Receivables & Other
Receivables |
56,363,151,070 |
54,855,137,777 |
30,883,990,566 |
|
Marketable Financial Instruments |
106,886,259,601 |
131,821,981,713 |
198,844,619,749 |
|
Investment_Related Companies |
648,714,320,538 |
568,499,343,010 |
548,136,777,634 |
|
Tangibles |
1,342,887,617,115 |
1,292,545,231,488 |
1,254,302,332,356 |
|
Investment_Real Estates |
14,034,110,478 |
14,213,479,306 |
14,634,420,748 |
|
Intangibles |
93,092,248,363 |
93,579,105,249 |
91,978,366,041 |
|
Other Non-Current Assets |
6,043,488,372 |
7,514,800,646 |
2,679,500,681 |
|
Total Liabilities |
2,175,211,831,308 |
2,050,071,010,679 |
2,101,957,415,821 |
|
Current Liabilities |
1,590,495,375,302 |
1,277,220,441,541 |
1,446,840,927,583 |
|
Trade Payables & Other
Payables |
480,720,417,276 |
463,746,028,210 |
550,554,337,045 |
|
Short-Term Borrowings |
1,045,118,281,443 |
744,721,919,652 |
801,540,927,589 |
|
Other Current Liabilities |
47,292,164,026 |
61,029,885,586 |
52,029,624,983 |
|
Accrued Income Tax |
17,364,512,557 |
7,722,608,093 |
42,716,037,966 |
|
Non-Current Liabilities |
584,716,456,006 |
772,850,569,138 |
655,116,488,238 |
|
Long-Term Trade Payables &
Other Payables |
56,249,679,370 |
58,760,901,536 |
51,981,186,930 |
|
Long-Term Borrowings |
435,828,371,657 |
604,357,066,255 |
487,000,000,000 |
|
Other Non-Current Financial
Instruments |
1,189,688,197 |
1,207,400,759 |
1,210,038,383 |
|
Provision for Severance &
Retirement |
61,732,302,907 |
52,179,612,659 |
42,651,424,237 |
|
Deferred Income Tax Credit |
10,268,957,687 |
36,203,288,606 |
52,831,592,828 |
|
Other Non-Current Non-Financial
Instruments |
19,447,456,188 |
20,142,299,323 |
19,442,245,860 |
|
Capital Stock |
139,118,490,000 |
139,118,490,000 |
139,016,160,000 |
|
Capital Surplus |
895,427,734,125 |
895,427,734,125 |
895,197,595,236 |
|
Treasury Stock |
-127,349,033,682 |
-127,349,033,682 |
-127,349,033,682 |
|
Profit Surplus |
566,393,154,169 |
535,029,269,320 |
450,285,204,429 |
|
Others |
48,032,232,070 |
69,016,616,575 |
119,824,356,568 |
|
Total Equity |
1,521,622,576,682 |
1,511,243,076,338 |
1,476,974,282,551 |
|
Liab. & Shareholder’s Equity |
3,696,834,407,990 |
3,561,314,087,017 |
3,578,931,698,372 |
|
Unit : Korean Won |
01/01/2013~09/30/2013 |
As of 12/31/2012 |
As of 12/31/2011 |
|
Sales |
2,851,365,395,717 |
4,103,325,509,899 |
4,063,828,838,425 |
|
Cost of Sold Goods |
2,099,717,581,115 |
2,969,428,124,009 |
2,969,915,704,021 |
|
Gross Profit |
751,647,814,602 |
1,133,897,385,890 |
1,093,913,134,404 |
|
Selling & Admin. Expenses |
621,350,489,702 |
876,801,485,612 |
792,381,173,617 |
|
Operating Income |
130,297,324,900 |
257,095,900,278 |
301,531,960,787 |
|
Other Operating Income |
22,769,595,805 |
34,660,725,837 |
41,339,577,282 |
|
Other Operating Expenses |
51,748,301,506 |
79,295,967,549 |
48,096,854,156 |
|
Finance Income |
19,012,246,428 |
16,918,547,021 |
8,958,435,119 |
|
Finance Expenses |
-45,739,982,719 |
-70,690,196,794 |
-75,176,497,682 |
|
Profits from Investment on Related/Subsidiary Companies |
-1,129,210,000 |
|
|
|
Income Before Taxes |
73,461,672,908 |
158,689,008,793 |
228,556,621,350 |
|
Income Taxes Expenses |
18,814,027,574 |
27,981,614,153 |
43,246,064,346 |
|
Net Income |
54,647,645,334 |
130,707,394,640 |
185,310,557,004 |
|
Unit : Korean Won |
01/01/2013~09/30/2013 |
As of 12/31/2012 |
As of 12/31/2011 |
|
Operating Activities Cash Flows |
115,820,239,481 |
249,300,181,533 |
243,266,332,241 |
|
Net Income |
54,647,645,334 |
130,707,394,640 |
185,310,557,004 |
|
Adjustment |
194,065,271,984 |
275,236,981,810 |
253,081,669,630 |
|
Changes in Asset/ & Liability |
-104,051,231,563 |
-97,271,162,871 |
-185,586,639,142 |
|
Income Taxes |
-28,841,446,274 |
-59,373,032,046 |
-9,539,255,251 |
|
Cash Flows from Investing |
-226,675,271,483 |
-204,170,589,115 |
-131,586,587,596 |
|
Cash Flows from Financing |
67,991,957,453 |
-35,498,334,694 |
-71,195,635,430 |
|
Increase/Decrease in Cash |
-42,863,074,549 |
9,631,257,724 |
41,410,697,372 |
|
Cash at the Beginning of Year |
105,651,447,519 |
96,153,894,887 |
54,732,240,559 |
|
Cash at the End of Year |
62,746,694,183 |
105,651,447,519 |
96,153,894,887 |
Products,
Technologies, Services Description
|
Main Products & Services |
Nylon Yarn, Films, Polyester Yarn, Spandex Yarn, Tire Cord Yarn, PET Film,
Nylon Film, Stamping Foil, Window Film, Dry Film, Engineering Plastic,
Fashion Business Brand Name: N-SDY1, P-SDY, PTC AKILEN, Secura, CM-N6, CM-PBT, EPD-6,
BASE FILM, NYLON FILM, EXTREME, TREKKING, TRANSITION, PERFORMANCE, KIDS |
Trade Partners
& Competitors
|
Suppliers |
SAMNAM
PETROCHEMICAL CO., LTD.( 110111-0557061) KP CHEMICAL
CORP(230111-0082112) HONAM PETRO
CHEMICAL CORPORATION(110111-0193196) SK CHEMICALS
CO., LTD(130111-0005727) ASAHI SOLUTIA INVISTA |
|
Customers |
SAMSUNG
ELECTRONICS CO,.LTD(130111-0006246) LG.PHILIPS LCD
CO., LTD.( 110111-0393134) SKC
LTD(130111-0001585) HYUNDAI MOBIS CO., LTD.(110111-0215536) GOODYEAR BRIDGESTONE MICHELIN CONTINENTAL |
|
Competitors |
HYOSUNG
CORPORATION(110111-0030497) KP
CHEMTECH(230111-0100443) HUVIS
CORPORATION(110111-2102070) TOK DUPONT ETERNAL HITACHI-JAPAN ASHAI-JAPAN |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
KOLON
PHARMACEUTICAL CO., LTD.(110111-0256259) (42.53%
held by the subject company) KOLON
CORPORATION(110111-0030528) KTP
INDUSTRIES INC.(171311-0003504) KOLON
GLOTECH INC. (110111-0524838) (53.84%
held by the subject company) KOLON
FASHION CORPORATION(110111-2127292) NEOVIEWKOLON
CO., LTD (134211-0040660) KF&T
INDUSTRIES INC.(230111-0091824) KOLON
LIFE SCIENCE CO., LTD.(110111-1948277) CELLVIC
DEVELOPMENT CORPORATION(131111-0031292) CRYOTECH
CO., LTD.(191211-0010226) KOLON
FASHION MATERIAL INC.(135311-0011139) (67.13% held by the subject company) KOLON
EVERAY CO., LTD.(176011-0054417) FNC
KOLON CORP.(110111-0003973) CAMBRIDGE
MEMBERS CO., LTD.(134111-0000517) KOLONWELLCARE
CO., LTD.(110111-2930299) SWEET
MEAL CO., LTD.(110111-2925604) SURPLUS
GLOBAL, INC.(110111-1921140) KOLON
MOTORS CO., LTD.(131111-0209708) KOLON
ENGINEERING & CONSTRUCTION CO., LTD.(110111-0036502) KOLON
CONSTRUCTION & CONSULTING CO., LTD.(170111-0230756) I
PACIFIC PARTNERS INC.(110111-1902786) KOLON
I' NETWORKS CORP.(110111-0712350) DEOK
PYEONG LAND CO., LTD.(134411-0024149) KOLON
ENVIRONMENTAL SERVICE CO., LTD.(135311-0005893) GREEN
NARAE INC(161511-0078133) KESCO
LANDSCAPE CO., LTD.(135311-0009572) KOLON
BENIT CO., LTD.(135311-0003920) MAUNA
OCEAN DEVELOPMENT CO., LTD.(171211-0045128) EFMC
(ENVIRONMENTAL FACILITIES MANAGEMENT CORPORATION 110111-1458739 ) ENVY
SYSTEM INC.(110111-1028798) GREEN
HWASUN INC.(160111-0199459) GREEN
GYEONGSAN INC.(160111-0203622) GREEN
SUNCHANG INC.(160111-0134942) ON
ORGANICNANO ELECTROIC SYSEMS INC.(200111-0255228) KOREA EPLATFORM CO., LTD.(110111-2008921) |
|
Affiliates-Overseas |
PT. KOLON INA KOLON USA INC. TISSUEGENE
INC. QINGDAO KOLON
GLOTECH INC. KOLON NANJING
CO., LTD. ZHANGJIAGANG
KOLON GLOTECH INC. PT. KOLON
LANGGENG BEIJING KOLON
GLOTECH, INC. KOLON GP
CHEMICAL (SUZHOU) CO., LTD. KOLON INT'L(H.K)
LTD. KOLON IMPERIAL
GRAPHICS PLC. IMPERIAL
GRAPHICS GROUP SERVICES LTD. IMPERIAL
GRAPHICS PRODUCTS LTD. KOLON(U.K)
LTD. BEIJING MI JO
DESIGN CO., LTD. KOLON GLOTECH
U.S.A. CORP. FNC KOLON
SHANGHAI CORP. FNC KOLON USA
CORP. |
|
Overseas
Office |
KOLON USA INC. 3 SPERRY ROAD,
FAIRFIELD, N.J. 07004 U.S.A TEL:+1-973-575-2550
FAX:+1-973-575-1332, 6628 P.T KOLON INA. JL. RAYA
JAKARTA-SERANG KM80, DESA KESERANGAN KABUPATEN SERANG JAWA, BARAT, INDONESIA TEL:+62-254-281-234
/ 282-222 FAX:+62-254-281-555 SIAM TIRE CORD
CO., LTD. 46/1 MOO 9
BANGNA-TRAD ROAD, K.M 39 BANGWUA BANGPAKONG, CHACHEONGSAO, 24130 THAILAND TEL:+66-38-538-555
FAX:+:66-38-538-399 TOKYO OFFICE DAIICHI HIBIYA
BLDG. 9/F, 18-21, 1-CHOME, SHINBASHI, MINATO-KU, TOKYO, JAPAN TEL:+81-3-3502-5509/3503-9986
FAX:+81-3-3508-2105 OSAKA OFFICE SHINBO BLDG.
3/F 1-11, 3-CHOME, BINGOMACHI, CHUO-KU, OSAKA, JAPAN TEL:++81-6-6204-1007
FAX : 81-6-6204-1155 BEIJING OFFICE ROOM 718,
BEIJING HUAPU INTERNATIONAL PLAZA, #19, CHAOYANG MEN WAI STREET, BEIJING, CHINA TEL:+86-10-6599-2716
FAX:+86-10-6599-2715 FRANKFURT
OFFICE ARABELLA
CENTER 2 OG, LYONER STRASSE 44-48 60528, FRANKFURT / MAIN, GERMANY TEL:+49-69-962-21510
FAX:+49-69-962-21515 KOLON NANJING
CO., LTD. 210046, HENG
JING ROAD, NANJING ECONOMIC & TECHNOLOGICAL DEVELOPMENT ZONE, QIXIA
DISTRICT, NANJING CITY, JIANGSU PROVINCE, CHINA TEL:+1-86-25-8557-3500
FAX:+1-86-25-8557-1592 |
|
Cooperative
Enterprise |
CHEMTEX-USA TORAY-JAPAN -Insured
Company SAMSUNG FIRE & MARINE INSURANCE CO.,
LTD.(110111-0005078) |
Sales by Region
(Activity & Markets)
The Subject exports to China, USA, Europe and South America.
Court Action
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
Case No. 3:09cv58 |
In The United States District Court For The
Eastern District of Virginia Richmond Division |
E. I. DU PONT DE NEMOURS AND COMPANY |
The Subject Company |
Infringement of Trade Secret |
1,048,716,900,000 |
The Subject has been defeated at 1st round(11/22/2011),
and is supposed to apply for 2nd
round. |
Not Available
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.10 |
|
|
1 |
Rs.101.27 |
|
Euro |
1 |
Rs.85.43 |
INFORMATION DETAILS
|
Report Prepared
by : |
NNA |
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.