MIRA INFORM REPORT
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Report Date : |
07.06.2011 |
IDENTIFICATION DETAILS
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Name : |
DONG BANG ENTERPRISE CO., LTD |
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Registered Office : |
1605, Gwanyang-dong, Dongan-gu, Anyang-si, Gyeonggi-do, Korea, Rm. 1102, Hansol Central Park 2-cha, Zip Code 431-060 |
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Country : |
South korea |
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Date of Incorporation : |
29.06.2009 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Wholesale of Basic Metals |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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South Korea |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Basic
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Company
Name |
DONG BANG ENTERPRISE
CO., LTD. (Korean Company
Name : “(주)동방엔터프라이즈”) |
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Registered Address |
1605, Gwanyang-dong, Dongan-gu, Anyang-si,
Gyeonggi-do, Korea |
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Building |
Rm. 1102, Hansol Central Park 2-cha |
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Zip Code |
431-060 |
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Tel |
+82-31-388-8977 |
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Fax |
+82-31-388-8979 |
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Trading Address |
Rm. 1102, Hansol Central Park 2-cha, 1605,
Gwanyang-dong, Dongan-gu, Anyang-si, Gyeonggi-do, Korea |
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Tel |
+82-31-388-8977 |
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Fax |
+82-31-388-8979 |
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Type |
Export |
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Industry |
Wholesale of Basic Metals |
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Main
Business |
Hot Coil, Iron Scrap, Steel Products |
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Established (mm/dd/yyyy) |
06/29/2009 |
The Subject Company
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 |
Steel sheet(30102504) |
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Sell |
Steel coil(30101904) |
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Sell |
Steel(11101704) |
CEO’s
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Name |
Lee Wan-Woo |
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Address |
Suite 805-1304, 1053-4, Hogye-dong,
Dongan-gu, Anyang-si, Gyeonggi-do, Korea |
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Date of Birth |
06/08/1964 |
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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 (KRW) |
100,000,000 |
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Employees |
8 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
N/A |
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Corporate Registered No. |
134111-0179164 |
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Business Registered No. |
138-81-53704 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
06/29/2009 Incorporated as the present name |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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President & CEO |
Mr. |
Lee Wan-Woo |
Male |
Korean |
06/29/2009 |
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Director |
M/S. |
Ahn Joo-Sun |
Female |
Korean |
06/29/2009 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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2009 |
2,763,000,000 |
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The full financials
are not available, and the Subject Company does not have any obligations to
release its financials to the public.
Financial Description
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Authorized Capital(KRW) |
400,000,000 |
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Paid-Up Capital(KRW) |
100,000,000 |
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Total Issues Shares |
20,000 |
Products, Technologies, Services Description
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Main Products & Services |
Hot Coil, Iron Scrap, Steel Products |
Trade Partners & Competitors
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Competitors |
TAESAN CORPORATION RM. 1303, URI VENTURE TOWN 2-CHA, 82-29, MULLAE-DONG
3-GA, YEONGDEUNGPO-GU, SEOUL, KOREA TEL:+82-2-3486-4950 FAX:+82-2-3486-4951 TRANS PACIFIC RESOURCES LTD. RM. 414, NAMSAN BLDG., 34-5, NAMSANDONG
3-GA, JUNG-GU, SEOUL, KOREA TEL:+82-2-773-9210 FAX:+82-2-773-9213 BOW STEEL INC. 5TH FL., WONSANG BLDG., 577-8, SINSA-DONG,
GANGNAM-GU, SEOUL, KOREA TEL:+82-2-542-9200 FAX:+82-2-542-9209 |
Sales by Region
(Activity & Markets)
The Subject exports
to Vietnam.
Court Action
Not Available.
News Clipping
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.72 |
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UK Pound |
1 |
Rs.73.46 |
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Euro |
1 |
Rs.65.47 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.