MIRA
INFORM REPORT
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Report Date : |
04.07.2007 |
IDENTIFICATION DETAILS
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Name : |
DONGIN TEXTILES CORPORATION |
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Registered Office : |
2FL., Dongin B/D., 95-1, Ihwa-dong, Jongno-gu, |
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Country : |
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Date of Incorporation : |
02/03/1998 |
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Legal Form : |
Company Limited by shares |
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Line of Business : |
Wholesale of Fibers and Yarns and Textiles |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Basic
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Company
Name |
DONGIN TEXTILES CORPORATION |
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Registered Address |
95-1, Ihwa-dong, Jongno-gu, |
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Building |
2FL., Dongin B/D. |
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Zip Code |
110-500 |
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Tel |
+82-2-744-3600~3 |
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Fax |
+82-2-744-3609 |
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E-mail |
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Trading Address |
2FL., Dongin B/D., 95-1, Ihwa-dong,
Jongno-gu, |
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Tel |
+82-2-744-3605~8 |
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Fax |
+82-2-744-3609 |
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Type |
Import |
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Industry |
Wholesale of Fibers and Yarns and Textiles |
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Main Business |
Cotton Fabrics, Blended Fabrics, Denim Fabrics |
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Established (mm/dd/yyyy) |
02/03/1998 |
Mr. Lee Kwang-Yeon/CEO owns the premises of registered address by
leasing base.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Silk fabrics(11161500) |
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Sell |
Cotton fabrics(11161700) |
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Sell |
Synthetic fabrics(11161800) |
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Sell |
Hessian or hemp or jute cloth(11162003) |
CEO’s
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Name |
Lee Kwang-Yeon |
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Address |
89, Bangi-dong, Songpa-gu, |
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Date of Birth |
10/09/1956 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital |
100,000,000 KRW |
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Employees |
7 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Woori Bank-Dunchon Station Branch |
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Corporate Registered No. |
110111-1507362 |
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Business Registered No. |
212-81-38559 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
01/24/1998 Incorporated as the present
name 05/25/2007 Moved to the present address
from Rm. 303, Handeok Bldg., 242-1, Jongno 6-ga, Jongno-gu, |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
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President & CEO |
Mr. |
Lee Kwang-Yeon |
Male |
Korean |
01/24/1998 |
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Director |
M/S. |
Kim Kyung-Ja |
Female |
Korean |
01/24/1998 |
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Auditor |
M/S. |
Lee Yoon-Sook |
Female |
Korean |
06/01/1999 |
Financials
The financial is not available.
Financial Description
Unit: KRW
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Authorized Capital |
400,000,000 |
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Paid-Up Capital |
100,000,000 |
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Total Issues Shares |
10,000 |
Products,
Technologies, Services
Description
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Main Products & Services |
Brand Name: DTC |
Trade Partners
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Customers |
The Subject supplies to the apparel
companies and the wholesalers in Dong-Dae-Mun Market( |
Sales by Region (Activity
& Markets)
The Subject imports from
Court Action
Not Available.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)