|
Report Date : |
06.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
SIGMA ELEVATOR COMPANY |
|
|
|
|
Registered Office : |
23, Yeouido-dong, Yeongdeungpo-gu, |
|
|
|
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Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
11.14.2000 |
|
|
|
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Com. Reg. No.: |
609-81-45007 |
|
|
|
|
Legal Form : |
Limited Responsibility Company |
|
|
|
|
Line of Business : |
Wholesale of Other Machinery and Equipment n.e.c. |
|
|
|
|
No. of Employees : |
14 |
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 |
|
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Source
: CIA |
Basic
|
Company Name |
SIGMA ELEVATOR COMPANY |
|
Registered Address |
23, Yeouido-dong, Yeongdeungpo-gu, |
|
Building |
8F, Two IFC |
|
Zip Code |
150-945 |
|
Tel |
+82-2-6007-3109 |
|
Fax |
+82-2-6007-3767 |
|
E-mail |
yonghwa.park@sigmaelevator.com;harry.kim@sigmaelevator.com |
|
Website |
www.sigmaelevator.com |
|
Trading Address |
8F, Two IFC Seoul, 23, Yeouido-dong, Yeongdeungpo-gu, |
|
Tel |
+82-2-6007-3109 |
|
Fax |
+82-2-6007-3767 |
|
Type |
Export/Import |
|
Industry |
Wholesale of Other Machinery and Equipment n.e.c. |
|
Main
Business |
Elevator, Escalator, Moving Walkway, Dumbwaiter, Platform Screen Doors |
|
Sub
Business |
Maintenance Services |
|
Established (mm/dd/yyyy) |
11/14/2000 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Commercial or industrial construction(72131600) |
|
Sell |
Liquid crystal display LCD panels or monitors(43211902) |
|
Sell |
Business and corporate management consultation services(80101500) |
|
Sell |
Lifting equipment and accessories(24101600) |
|
Sell |
Systems integration design(81111503) |
|
Sell |
Material handling machinery and equipment(24100000) |
|
Sell |
Elevators(24101601) |
|
Sell |
Escalator or walkways(24101626 |
|
Name |
Cho Ik-Seo |
|
Address |
|
|
Date of Birth |
10/22/1959 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Australian |
|
Capital (KRW) |
300,000,000 |
|
Employees |
14 |
|
Formation |
Limited Responsibility Company Foreign Direct Investment Corporation |
|
Bank Details |
N/A |
|
Corporate Registered No. |
194214-0003149 |
|
Business Registered No. |
609-81-45007 |
|
Permit & Licenses |
N/A |
|
Shareholder Position |
N/A |
|
Company History |
11/14/2000 Incorporated as the present
name, after the December 1999 Acquisition (LG's sale of its elevator and
escalator business to Otis Elevator Korea), 03/27/2012 Increased capital to 100,000,000 KRW from 10,000,000 KRW 05/10/2013 Moved to 4F 12/07/2013 Moved to the present HQ address from 4F |
|
|
|
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Cho Ik-Seo |
Male |
Korean |
01/20/2014 |
|
Director |
Mr. |
Kwon Hyuck-Joon |
Male |
Korean |
11/10/2008 |
|
Director |
Mr. |
Peter Van |
Male |
|
03/05/2010 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
|
|
|
|
|
2012 |
|
|
|
|
2011 |
|
|
|
|
2010 |
|
|
|
|
2009 |
|
|
|
|
2008 |
889,000,000 |
28,498,000,000 |
-19,000,000 |
|
2007 |
611,000,000 |
15,361,000,000 |
-67,000,000 |
|
2006 |
728,000,000 |
17,672,000,000 |
-200,000,000 |
|
2005 |
949,000,000 |
|
|
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 Limited
Responsibility Company |
|
Paid-Up Capital(KRW) |
300,000,000 |
|
Total Issues Shares |
Not Applicable to the Limited
Responsibility Company |
|
Balance Sheet |
|||
|
Unit : Korean Won |
As of 12/31/2008 |
As of 12/31/2007 |
As of 12/31/2006 |
|
Total Assets |
28,498,000,000 |
15,361,000,000 |
17,672,000,000 |
|
Current Assets |
|
|
|
|
-Quick Assets |
|
|
|
|
-Inventories |
|
|
|
|
Fixed Assets |
|
|
|
|
-Investment |
|
|
|
|
-Tangibles |
|
|
|
|
-Intangibles |
|
|
|
|
Total Liabilities |
29,373,000,000 |
16,217,000,000 |
18,461,000,000 |
|
Current Liabilities |
|
|
|
|
Fixed Liabilities |
|
|
|
|
Capital Stock |
|
|
|
|
Capital Surplus |
|
|
|
|
Profit Surplus |
|
|
|
|
Capital Adjustment |
|
|
|
|
Total Equity |
-875,000,000 |
-856,000,000 |
-789,000,000 |
|
Liab. & Shareholder’s Equity |
28,498,000,000 |
15,361,000,000 |
17,672,000,000 |
|
Income Statement |
|||
|
Unit : Korean Won |
As of 12/31/2008 |
As of 12/31/2007 |
As of 12/31/2006 |
|
Sales |
889,000,000 |
611,000,000 |
728,000,000 |
|
Cost of Sold Goods |
|
|
|
|
Gross Profit |
|
|
|
|
Selling & Admin. Expenses |
|
|
|
|
Operating Income |
|
|
|
|
Non-Operating Income |
|
|
|
|
Non-Operating Expenses |
|
|
|
|
Income Before Taxes |
|
|
|
|
Income Taxes Expenses |
|
|
|
|
Net Income |
-19,000,000 |
-67,000,000 |
-200,000,000 |
|
Main Products & Services |
Elevator, Escalator, Moving Walkway, Dumbwaiter Brand Name : Sigma |
|
Competitors |
HYUNDAI ELEVATOR CO., LTD.(134411-0001519) HYUNDAI GROUP BLDG., 1-7, YEONJI-DONG,
JONGNO-GU, TEL:+82-2-3670-0500 FAX:+82-2-3673-1785~6 THYSSENKRUPP ELEVATOR KOREA CO.,
LTD.(124311-0004898) 55-30, ORYU 1-DONG, GURO-GU, TEL:+82-2-2610-7777 FAX:+82-2-2610-7700 |
|
Affiliates |
OTIS ELEVATOR( |
|
Overseas Office |
DALIAN SIGMA ELEVATOR COMPANY NO. TEL:+86-411-8731-0175 DALIAN SIGMA ELEVATOR COMPANY ROOM 4601, 46TH FLOOR, THE TEL:+86-411-8281-2580 DALIAN SIGMA ELEVATOR COMPANY BUILDING 3, AREA8, NO. 188, NAN SIHUAN XI
LU, FENG TAI DISTRICT, TEL:+86-10-6462-3256 DALIAN SIGMA ELEVATOR COMPANY 12F EAST B/D KEJI JINGCHENG NO, TEL:+86-21-5308-1662 DALIAN SIGMA ELEVATOR COMPANY 3F JINZHU B/D, NO. TEL:+86-28-8665-1506 DALIAN SIGMA ELEVATOR COMPANY SHENZHEN
BRANCH 03-04 22F ZHENZHEN INTERNATIONAL CULTURE
CENTRE, 3039 SHENNAN ROAD MIDDLE, ZHENZHEN, 518026, TEL:+86-28-8665-1506 SIGMA ELEVATOR (HK) LTD. 6F ALLIED TEL:+852-3169-3288 TAIWAN TATUNG OTIS ELEVATOR COMPANY 5TH FLOOR 22 CHUNGSHAN NORTH ROAD, SEC3, TEL:+886-2-2593-7063 SIGMA ELEVATOR (M) SDN. BHD #1.02, LEVEL 1, TEL:+603-7958-7000 SIGMA ELEVATOR ( 1491 NEAR SUKHUMVIT 67 RD., PRAKANONG, TEL:+662-381-8444 |
|
Overseas Office |
OTIS E & M COMPANY PHILS.,INC 14/F TEL:+632-886-3502 SIGMA ELEVATOR 25 NEW INDUSTRIAL ROAD 6TH FLOOR, TEL:+65-6383-1603 P.T. JAYA KENCANA JI. SALEMBA RAYA 61, TEL:+62-21-390-8501 FORTUNE INTL. LTD. NO(B) 11/12, FORTUNE HOUSE, BAHOSI COMPLEX,
TEL:+951 211 392 HAI VAN OTIS ELEVATOR CO., LTD 4TH FL, TEL:+84-8-824-2153 AIROS ELECTRICAL SUPPLY & SERVICE NO.11, 1ST FLOOR, BANGUNAN, MENGLAIT II,
JALAN GADONG, BANDARA SERI BEGAWAN, NEGARA BRUNEI, DARRUSSALM TEL:+673-3-453-200 ZIAFCO ENGINEERS AND CONTRACTORS 4TH FL, TEL:+92-21-455-6077 MAAN BANGLADESH LTD. 4-B, CHANDRASHILA SUVASYU
TOWER,69/1,GREENROAD TEL:+880-2-862-2807 ACCESS INDUSTRIAL SYSTEMS(PVT) LTD. LUCKY PLAZA 2ND FLOOR NO.70, ST. ANTHONY'S
MAWATHA TEL:+94-11-237-5303 U.A.E. P. O. TEL:+971-4-285-1145 |
|
Overseas Office |
MOHAMMAD BIN JASIM AL ZAYANI TRADING P. O. TEL:+973-17-311-341 AL BAJIL TRADING AGENCIES CO., IN FRONT OF MARAFIE ENGINEERING GROUP CO. IP. O. TEL:+965-461-1190 MDARWISH & COMPANY LTD. TEL:+974-441-4747 SHAMEL INTERNATIONAL INDUSTRIES TRAD. &
CONT. L.L.L. P. O. TEL:+968-2450-1681/3 NATIONAL TRADING COMPANY LTD. P. O. TEL:+967-1-441-500/ EXT.4346 TANIT ALGER 133, BOULEVARD KRIM BELKASEM, TEL:+213-2171-2088 TOTAL AUTOMATION COMPANY TEL:+202-269-09680 AGENCIES AND TEL:+962-6-464-6277 RAYES & THEWES ELEVATOR CO., S.A.R.L TEL:+961-1-892-682 |
|
Overseas Office |
ALWIFAK ALEFRIKI FOR GENERAL CONTRACTING TEL:+218-21-444-1192 DATA ENGINEERING LTD. 43, A MERE BARTHELEMY ST.PORT-LOUIS, TEL:+230-211-9383 LIFT & CARRY LTD. ZONE INDUSTRIELLE-EXTENSION ZEME
TRANCHE-LOT 73,BERRECHID, TEL:+212-22-33-6676 SHAREKAT ALQUDS ABU, TEL:+972-2-296-3890 SAUDI ENSAS CO., LTD. AL EQTESSAD PLAZA-FIRST FLOOR, SITTEEN
STREET,NEAR SUZUKI & HILTI BUILDINGS, P. O. BOX : 8292JEDDAH 21482, KSA TEL:+966-2-691-1540/692-2390/683-1466 SIGMA LIFTS AND ESCALATORS (PTY) LTD. TEL:+2711-878-6000 NAHAS FOR TRADE AND MACHINERY BARAMKEH STR., AMIN RIHANI STR.TRANSTOUR
BLDG, P.O.BOX : 3050DAMASCUS, TEL:+963-11-224-5190 EXPRESS ASCENSEUR 99, RUE ALI DARGUOUTH 1000, TEL:+216-71-255105 BEHRENS LIMITED VAT REGISTRATION NO. 10017362-13OFFICE
SHOWROOMS & TEL:+260-1-225-539 CEMCOLIFT INC. TEL:+1-215-799-2910 |
|
Overseas Office |
ASCENSORES GOLDSTAR, S.A. AVENIDA LAS GARDENIAS, CASA # 3ENTRE CALLE
69 Y CALLE 70, SAN FRANCISCOREPUBLIC OF TEL:+507-226-7677, 8862 LUCKY GLOBAL ELEVATORS S.A. CALLE 19 NO.69-65 (NUEVA) ZONA INSUSTIAL TEL:+571-405-0020 ELEVADORES OTIS LTDA. ESTRADA PARTICULAR SADAE TAKAGI,
150009852-070 BAIRRO COOPERATIVA, TEL:+55-11-752-3234 ELEVADORES OTIS S.A DE C.V CALLE 10 NO. 145, 2DO PISO, SAN PEDRO DE
LOS PINOS TEL:+5255-2636-3000 (PRESS 0 FOR OPERATOR) ASCENSORES OTIS TEL:+562-355-2108 OTIS ARGENTINA S.A. BLAS PARERA 51, (1602) FLORIDA-PDO. DE
VINCENTE LOPEZ, BUENOS AIRESREPUBLICA TEL:+54-11-4469-6100 LOGIC 1RA AV.BUENA VISTA CON CALLE SAN ANTONIOSECTOR
BUENA VISTA, FINAL DE CALIFORNIA NORTECARACAS, TEL:+58212-213-9105 DOMINICAN FAMA ELEVATOR SERVICE, S.A. AV. BOLIVAR #353, 5TO. PISO, SUITE 5-A,
GAZCUESANTO DOMINGO, DOMINICAN REP. TEL:+1-809-682-7732 ASCENSORES VIA DE EVITAMIENTO 1784LIMA-03, TEL:+511-437-7140(EXT.136) |
|
Overseas Office |
ELEVIMPORT S.A AV. DE LOS SHYRIS Y GASPAR DE
VILLAROELEDIFICIO OCANO 3ER PISO 302QUITO, TEL:+593-2-245-5830, 5033, 5793 ELEVADORES OTIS S.A DE C.V 4A, AVE, 15-70, ZONA 10,EDIFICIO PALADIUM
3ER, NIVEL 01010GUATEMALA, TEL:+502-367-6404 ALL LG INTERNATIONAL CORP., OFFICE BILD. SOVINCENTER, 12,
KRASNOPRESNENSKAYA NAB., TEL:+495- 258-1444 JSC LIFTSTROY 115093, PARTIYNY PER. 1/57 BUILDING
3RUSSIA, TEL:+7 495 953 6866 OOO LIFT-SERVICE TEL:+342-244-67-34 KABE TEL:+987-2969812 BASHLIFTMONTAZH CO. 450064, TEL:+3472-48-79-53 OOO VERTIKAL-YUG 350000, TEL:+342-244-67-34 SAINT OOO LIFTSTROY SPB (SAMSHIT CO) MALIY PROSPEKT #55, VASILIEVSKIY TEL:+921-7414397 ZAO “BAIKAL-ASIA-ENGINEERING 664055, 44, BUL'VAR GAGARINA, NTURIST
HOTEL, ROOM #913 TEL:+TEL. (3952) 250-998 |
|
Overseas Office |
ZAO ?YAK SOYUZLIFTMONTAZH? 677008, TEL:+4112) 36-10-28 OOO ?SOYUZLIFTMONTAZH-MARKET? 690105,BORODINSKAY STR. 20A TEL:+.(4232) 32-99-24 ZAO “SOYUZLIFTMONTAZH SIBIR” 630005,KRULOVA STR. 38 TEL:+(3832) 24-63-33 EKATERINBURG OOO "LIFTMONTAZH-1" 620028,FROLOVA STR. 29 OFFICE #1 TEL:+343-3734554 TUMEN LIFT MODERN 625000, REVOLYUCHIY STR. #82 TEL:+3452) 91-76-16 OOO ?SOYUZLIFTMONTAZH-? 693020,YUZHNOSAKHALINSK, VOKZAL’NAYA #9-63 TEL:+4242) 43-43-43 SOYUZLIFTMONTAZH-KHABAROVSK 680000,LENINGRADKSAYA STR 28ABK, #8,OFFICE
408 TEL:+4212-38-17-82 DANA ENGINEERING LTD FUCHIKA STR.,18 (3RD FLOOR), TEL:+380-56-3720952 BISHKEKLIFT 720082 TEL:+996-312-53-09-88 ARMENLIFT TEL:+37491-215-315 |
|
Overseas Office |
SIGMA TURKMEN INSAAT TEL:+99312 45 49 47 SIGMA TEL:+976-11453643 TASHKENTLIFT TREST ALMAZAR STR. 127, TEL:+998712) 453-889 3, TEL:+994-12-490-57-43 APEX LTD № 15, S.KEDIA STR.TBILISIGEORGIA TEL:+995- 32-34-34-53 LIFTCOMPLEX TEL:+7-3232-737926 MR. VLADIMIR MARENYCH TEL:+7 3272 22 35 76 JSC ASTANALIFT TEL:+7 3172 39 31 95 |
|
Sales/ Unit :Mil KRW |
2013 |
2012 |
2011 |
|
Export |
|
|
|
|
Domestic |
|
|
|
|
Total |
|
|
|
The Subject exports to 70 countries.
Not Available.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.75 |
|
|
1 |
Rs.100.06 |
|
Euro |
1 |
Rs.77.95 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
SDA |
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.