MIRA
INFORM REPORT
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Report Date : |
22.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
DONG HA SHIRUP CO., LTD. |
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Registered Office : |
410-394, Oryu-dong,
Seo-gu, Incheon, 404-300 |
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Country : |
Korea |
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Financials (as on) : |
31.12.2004 |
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Date of Incorporation : |
09.16.1994 |
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Com. Reg. No.: |
137-81-10513 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Wholesale of Other Construction Materials Wastewater Treatment Services |
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 |
DONG HA SHIRUP CO., LTD. |
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Registered Address |
410-394, Oryu-dong,
Seo-gu, Incheon, Korea |
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Zip Code |
404-300 |
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Tel |
+82-32-569-2171~3 |
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Fax |
+82-32-569-2174 |
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E-mail |
ljk6956@naver.com |
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Website |
www.indiastone.co.kr |
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Trading Address |
410-394, Oryu-dong,
Seo-gu, Incheon, Korea |
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Tel |
+82-32-569-2171~3 |
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Fax |
+82-32-569-2174 |
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Type |
Import/Export |
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Industry |
Wholesale of Other Construction Materials n.e.c. Wastewater Treatment Services |
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Main Business |
Stones, Marble, Sandstone, Disposal of
Waste |
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Sub Business |
Construction lithography, Board, Marble, Granite |
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Established (mm/dd/yyyy) |
09/16/1994 |
The Subject owns
the premises of registered HQ address.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Stone(11111600) |
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Sell |
Marble(11111605) |
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Sell |
Limestone(11111608) |
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Sell |
Granite(11111604) |
CEO’s
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Name |
Park Hak-Kyu |
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Address |
924, Dongchun-dong, Yeonsu-gu, Incheon, Korea |
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Date of Birth |
02/08/1953 |
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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 |
8 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Industrial Bank of Korea-Seoknam Dong
Branch |
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Corporate Registered No. |
120111-0101345 |
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Business Registered No. |
137-81-10513 |
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Permit & Licenses |
N/A |
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Shareholder Position |
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Company History |
09/16/1994 Incorporated as the present
name 07/01/2006 Moved to the present HQ address
from 4-14, Wonchang-dong, Seo-gu, Incheon, Korea |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
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President & CEO |
Mr. |
Park Hak-Kyu |
Male |
Korean |
10/23/2000 |
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Director |
Mr. |
Park Soo-Kwang |
Male |
Korean |
10/23/2000 |
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Director |
Mr. |
Ryu Jae-Ho |
Male |
Korean |
02/14/2005 |
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Auditor |
Mr. |
Song Byung-Hwan |
Male |
Korean |
02/14/2008 |
Financials
Unit: KRW
|
Year |
Sales |
Assets |
Net income |
|
2004 |
1,959,000,000 |
2,033,000,000 |
63,000,000 |
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2003 |
2,251,000,000 |
2,168,000,000 |
66,000,000 |
The latest & full financial is not
available, and the subject does not have any obligation to releases its financials
to the public.
Financial Description
Unit: KRW
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Authorized
Capital |
200,000,000 |
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Paid-Up
Capital |
100,000,000 |
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Total Issues Shares |
10,000 |
Balance
Sheet
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Unit : Million Korean Won |
As of 12/31/2004 |
As of 12/31/2003 |
As of 12/31/2002 |
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Total Assets |
2,033 |
2,168 |
1,894 |
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Current Assets |
409 |
519 |
346 |
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-Quick Assets |
409 |
519 |
346 |
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-Inventories |
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Fixed Assets |
1,624 |
1,649 |
1,548 |
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-Investment |
41 |
18 |
12 |
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-Tangibles |
1,583 |
1,631 |
1,536 |
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-Intangibles |
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Total Liabilities |
1,403 |
1,601 |
1,393 |
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Current Liabilities |
804 |
1,001 |
943 |
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Fixed Liabilities |
599 |
600 |
450 |
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Capital Stock |
100 |
100 |
100 |
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Capital Surplus |
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Profit Surplus |
530 |
467 |
401 |
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Capital Adjustment |
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Total Equity |
630 |
567 |
501 |
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Liab. &
Shareholder’s Equity |
2,033 |
2,168 |
1,894 |
Income
Statement
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Unit : Million Korean Won |
As of 12/31/2004 |
As of 12/31/2003 |
As of 12/31/2002 |
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Sales |
1,959 |
2,251 |
2,129 |
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Cost of Sold Goods |
- |
- |
- |
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Gross Profit |
1,959 |
2,251 |
2,129 |
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Selling & Admin. Expenses |
1,938 |
2,136 |
2,045 |
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Operating Income |
21 |
115 |
84 |
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Non-Operating Income |
111 |
2 |
26 |
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Non-Operating expenses |
58 |
38 |
37 |
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Ordinary Income |
74 |
79 |
73 |
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Special Income |
- |
- |
- |
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Income Before Taxes |
74 |
79 |
73 |
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Income Taxes Expenses |
11 |
13 |
11 |
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Net Income |
63 |
66 |
62 |
Products, Technologies, Services Description
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Main
Products & Services |
Stones, Marble, Sandstone, Disposal of
Waste |
Sales by
Region (Activity &
Markets)
The Subject imports from India.
Court
Action
Not Available.
News
Clipping
--
FOREIGN EXCHANGE
RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.43.38 |
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UK Pound |
1 |
Rs.81.34 |
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Euro |
1 |
Rs.64.55 |
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. |
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%)