MIRA
INFORM REPORT
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Report Date : |
30.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
DA CO., LTD. |
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Formerly Known as : |
DA TRADE CO. |
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Registered Office : |
Daegyeong Bldg., 493-1, Gongneung 1.3-dong, Nowon-gu, Seoul, |
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Country : |
Korea |
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Date of Incorporation : |
03.16.1999 |
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Com. Reg. No.: |
217-81-15717 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Manufacture of Leather Garments |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Basic
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Company
Name |
DA CO., LTD. |
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Registered Address |
493-1, Gongneung 1.3-dong, Nowon-gu,
Seoul, Korea |
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Building |
Daegyeong Bldg. |
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Zip Code |
139-806 |
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Tel |
+82-2-971-5209 |
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Fax |
+82-2-971-5245 |
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Trading Address |
Daegyeong Bldg., 493-1, Gongneung
1.3-dong, Nowon-gu, Seoul, Korea |
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Tel |
+82-2-971-5209 |
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Fax |
+82-2-971-5245 |
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Type |
Export/Import |
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Industry |
Manufacture of Leather Garments |
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Main Business |
Fur Clothing, Leather Clothing, Accessories |
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Established (mm/dd/yyyy) |
03/16/1999 |
The Subject
occupies the premises of registered HQ address by leasing base.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Coats and jackets(53101800) |
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Sell |
Dresses and skirts and saris and
kimonos(53102000) |
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Sell |
Slacks and trousers and shorts(53101500) |
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Buy |
Animal hair(11131503) |
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Buy |
Sheep leather(11162303) |
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Buy |
Miscellaneous sewing supplies(53141600) |
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Buy |
Fabrics and leather materials(11160000) |
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Buy |
Threads(11151600) |
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Buy |
Zippers(53141503) |
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Buy |
Buttons(53141505) |
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Buy |
Cow leather(11162305) |
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Buy |
Pig leather(11162306) |
CEO’s
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Name |
Song So-Won |
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Address |
715, Gongneung-dong, Nowon-gu, Seoul, Korea |
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Date of Birth |
01/13/1966 |
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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 |
50,000,000 KRW |
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Employees |
5 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Kookmin Bank-Taenung Station Branch |
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Corporate Registered No. |
110111-1664542 |
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Business Registered No. |
217-81-15717 |
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Permit & Licenses |
Int’l Trade No.: 11378989 |
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Shareholder Position |
N/A |
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Company History |
11/22/1996 Established as DA Trade Co. 03/16/1999 Incorporated as DA CO., LTD. |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
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President & CEO |
Mr. |
Song So-Won |
Male |
Korean |
03/16/1999 |
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Director |
Mr. |
Kim Kyung-Won |
Male |
Korean |
02/22/2002 |
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Director |
Mr. |
Nichimura Yuji |
Male |
Japanese |
03/28/2005 |
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Auditor |
Mr. |
Kim Sa-Sung |
Male |
Korean |
03/16/1999 |
Financials
Unit: KRW
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Year |
Sales |
Assets |
Net income |
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2006 |
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2005 |
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2004 |
1,048,000,000 |
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2003 |
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The 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 |
50,000,000 |
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Total Issues Shares |
10,000 |
Products, Technologies, Services
Description
|
Main
Products & Services |
Leather Jacket Brand Name : TEXTOPIA |
Sales by
Region (Activity &
Markets)
The Subject exports to Italy and Japan.
Court
Action
Not Available.
News
Clipping
--
FOREIGN EXCHANGE
RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.43.79 |
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UK Pound |
1 |
Rs.80.05 |
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Euro |
1 |
Rs.64.56 |
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%)