MIRA INFORM REPORT
|
Report Date : |
16th May 2006 |
IDENTIFICATION DETAILS
|
Name : |
OKTO CORPORATION |
|
|
|
|
Registered Office : |
90-5, Kosan-Ri, Opo-Eup, Kwangju-Shi, Kyungki-Do, Korea |
|
|
|
|
Date of Incorporation : |
15 years ago |
|
|
|
|
Legal Form : |
Sole proprietorship |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
RATING
|
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk
exists. Caution needed to be exercised |
Credit not recommended |
|
Status : |
Small Concern |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
Ⅰ. Basic Information
Basic
|
Company Name |
Okto
Corporation |
|
Address |
90-5,
Kosan-Ri, Opo-Eup, Kwangju-Shi, Kyungki-Do, Korea |
|
Building |
|
|
Zip Code |
464-891 |
|
Tel |
+82-31-768-6578 |
|
Fax |
+82-31-768-6574 |
|
E-mail |
okto@unitel.co.kr |
|
Website |
|
|
Other Address |
|
|
Tel |
|
|
Fax |
|
|
Type |
Wholesales |
|
Industry |
|
|
Main Business |
|
|
Sub Business |
|
|
Established
(mm/dd/yyyy) |
15 years ago |
We interviewed with Mr. Kim Hyung-Kyu, the owner of the subject, because
the subject’s information available is very limited. He did not want to open
any information on the subject unless he knows who is behind of the inquiry. If
we can get the authority to open the client’s name, we will try and get more
information.
Detailed Products
|
Activity |
Detailed
Products (UNSPSC) |
|
|
|
|
|
|
|
|
|
|
|
|
Others
|
Name |
Kim Hyung-Kyu |
|
Address |
- |
|
Date of Birth
(mm/dd/yyyy) |
- |
|
Title |
Owner |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital |
- |
|
Employees |
1 |
|
Formation |
Sole
proprietorship |
Ⅱ. Detailed Information
Management
|
Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
Owner |
Mr. |
Kim Hyung-Kyu |
Male |
Korean |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financials
Unit: KRW
|
Year |
Sales |
Assets |
Net income |
|
2005 |
|
|
|
|
2004 |
|
|
|
|
2003 |
|
|
|
|
2002 |
|
|
|
Financial Description
Unit: KRW
|
Authorized
Capital |
|
||
|
Paid-Up
Capital |
|
||
|
Total Issued
Shares |
|
||
|
|
|||
|
Balance
Sheet Unit:
Million KRW |
|||
|
|
2004 |
2003 |
2002 |
|
Total Assets |
|
|
|
|
Current Assets |
|
|
|
|
Fixed Assets |
|
|
|
|
Total
Liabilities |
|
|
|
|
Current
Liabilities |
|
|
|
|
Fixed
Liabilities |
|
|
|
|
Capital Stock |
|
|
|
|
Capital
Surplus |
|
|
|
|
Profit Surplus |
|
|
|
|
Capital
Adjustment |
|
|
|
|
Total Equity |
|
|
|
|
Total
Liabilities & Equity |
|
|
|
|
|
|||
|
Income Statement Unit: Million KRW |
|||
|
|
2004 |
2003 |
2002 |
|
Sales |
|
|
|
|
Cost of Sold
Goods |
|
|
|
|
Gross Profit |
|
|
|
|
Selling &
Admin. Expenses |
|
|
|
|
Operating
Income |
|
|
|
|
Non-Operating
Income |
|
|
|
|
Non-Operating
expenses |
|
|
|
|
Ordinary
Income |
|
|
|
|
Special Income |
|
|
|
|
Income Before
Taxes |
|
|
|
|
Income Taxes
Expenses |
|
|
|
|
Net Income |
|
|
|
|
Bank Details |
|
||
|
Corporate Registered No. |
|
||
|
Business Registered No. |
|
||
|
Permit & Licenses |
|
||
|
Shareholder Position |
|
||
|
Company History |
|
||
Products, Technologies, Services Description
|
Main Products
& Services |
|
|
Detailed
Products Spec. |
|
|
Technologies
Acquired |
|
Organization Structure
|
Suppliers |
|
|
Customers |
|
|
Competitors |
|
Related Parties (Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates |
|
|
Overseas
Office |
|
|
Liaison Office |
|
|
Overseas
Branch |
|
|
Join Venture |
|
|
Subsidiary |
|
|
Corporate
Ownership |
|
|
Major
Shareholders |
|
|
Cooperative
Enterprise |
|
Sales Spread
|
Unit : Mil KRW |
2005 |
2004 |
2003 |
|
Export |
|
|
|
|
Domestic |
|
|
|
|
Total |
|
|
|
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 |
Unfavourable &
favourable factors carry similar weight in credit consideration. Capability
to overcome financial difficulties seems comparatively below average/normal. |
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 |