MIRA INFORM REPORT

 

 

Report Date :           

23.06.2011

 

IDENTIFICATION DETAILS

 

Name :

DONG HO MARBLE LTD.

 

 

Registered Office :

713, Suseo-dong, Gangnam-gu, Seoul, Korea, Rm.1523, Hyundai Ventureville, Zip Code 135-884

 

 

Country :

South korea

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

28.02.2007

 

 

Com. Reg. No.:

120-87-13509

 

 

Legal Form :

Co., Ltd by shares

 

 

Line of Business :

Wholesales of Stone, Stone Materials

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

No Complaints 

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

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

South korea

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

Basic

 

Company Name

DONG HO MARBLE LTD.

(Korean Company Name : “동호마블()”)

Registered Address

713, Suseo-dong, Gangnam-gu, Seoul, Korea

Building

Rm.1523, Hyundai Ventureville

Zip Code

135-884

Tel

+82-2-2226-9937~8

Fax

+82-2-2226-9808

E-mail

nariya7@naver.com

Website

www.donghomarble.co.kr

Trading Address

Rm.1523, Hyundai Ventureville, 713, Suseo-dong, Gangnam-gu, Seoul, Korea

Tel

+82-2-2226-9937~8

Fax

+82-2-2226-9808

Other Address-Factory

1-20, Okgil-ri, Cheongbuk-myeon, Pyeongtaek-si, Gyeonggi-do, Korea

Tel

+82-31-683-0870~2

Fax

+82-31-683-0823

Other Address-Iksan Hwangdeung Branch

903, Yulchon-ri, Hwangdeung-myeon, Iksan-si, Jeonbuk, Korea

Other Address-Iksan Nangsan Branch

36, Nangsan-ri, Nangsan-myeon, Iksan-si, Jeonbuk, Korea

Type

Export/Import

Industry

Wholesales of Stone, Stone Materials

  Main Business

Stones, Stone Brick, Construction Service

Established (mm/dd/yyyy)

02/28/2007

The Subject Company occupies the premises of registered HQ address by leasing base.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Stone(11111600)

 

 

CEO’s

 

Name

Choi Keum-Soon

Address

Suite 102-1206, 712, Suseo-dong, Gangnam-gu, Seoul, Korea

Date of Birth

03/08/1957

Title

President & CEO

Sex

Female

Nationality

Korean

 

Profiles

 

Capital (KRW)

200,000,000

Employees

47

Formation

Co., Ltd by shares

Bank Details

Woori Bank

Corporate Registered No.

110111-3628869

Business Registered No.

120-87-13509

Permit & Licenses

N/A

Shareholder Position

N/A

Company History

02/28/2007 Incorporated as the present name

02/27/2009 Moved to the present HQ address from Rm.1622, Hyundai Ventureville, 713, Suseo-dong, Gangnam-gu, Seoul, Korea

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

M/S.

Choi Keum-Soon

Female

Korean

03/29/2007

Director

Mr.

Kim Jae-Beom

Male

Korean

02/28/2007

Auditor

Mr.

Lee Hyung-Yool

Male

Korean

03/29/2007

Director

Mr.

Kim Kwang-Sung

Male

Korean

08/05/2010

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2010

 

 

 

2009

13,709,000,000

5,310,000,000

982,000,000

2008

5,454,000,000

3,261,000,000

204,000,000

2007

1,545,000,000

1,587,000,000

90,000,000

2006

 

 

 

2005

 

 

 

2004

 

 

 

2003

 

 

 

The latest financials are not available, and the Subject Company does not have any obligations to release its financials to the public.

 

 

Financial Description

 

Authorized Capital(KRW)

800,000,000

Paid-Up Capital(KRW)

200,000,000

Total Issues Shares

40,000

 

Balance Sheet

 

Unit : Korean Won

As of 12/31/2009

As of 12/31/2008

As of 12/31/2007

Total Assets

5,310,000,000

3,261,000,000

1,587,000,000

Current Assets

 

 

 

-Quick Assets

 

 

 

-Inventories

 

 

 

Fixed Assets

 

 

 

-Investment

 

 

 

-Tangibles

 

 

 

-Intangibles

 

 

 

Total Liabilities

3,707,000,000

2,767,000,000

1,297,000,000

Current Liabilities

 

 

 

Fixed Liabilities

 

 

 

Capital Stock

 

 

 

Capital Surplus

 

 

 

Profit Surplus

 

 

 

Capital Adjustment

 

 

 

Total Equity

1,603,000,000

494,000,000

290,000,000

Liab. & Shareholder’s Equity

5,310,000,000

3,261,000,000

1,587,000,000

 

 

Income Statement

 

Unit : Korean Won

As of 12/31/2009

As of 12/31/2008

As of 12/31/2007

Sales

13,709,000,000

5,454,000,000

1,545,000,000

Cost of Sold Goods

 

 

 

Gross Profit

 

 

 

Selling & Admin. Expenses

 

 

 

Operating Income

 

 

 

Non-Operating Income

 

 

 

Non-Operating Expenses

 

 

 

Income Before Taxes

 

 

 

Income Taxes Expenses

 

 

 

Net Income

982,000,000

204,000,000

90,000,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Stones, Stone Brick

 


Trade Partners & Competitors

 

Competitors

WOOJEON STONE INDUSTRY

605-2, MUNHYEONG-RI, OPO-EUP, GWANGJU-SI, GYEONGGI-DO, KOREA

TEL:+82-31-767-1393  FAX:+82-31-767-1397

 

STONEPIA CO., LTD.

RM. 2012, SEONGJI HEIGHTS 1-CHA BLDG., 702-13, YEOKSAM 1-DONG, GANGNAM-GU, SEOUL, KOREA

TEL:+82-2-544-7667  FAX:+82-2-546-5954

 

TOP SILK CORP.

RM. 502, SONGJI BLDG., 375-2, JANGAN 1-DONG, DONGDAEMUN-GU, SEOUL, KOREA

TEL:+82-2-2214-9282~3  FAX:+82-2-2215-3688

 

 

Sales by Region

(Activity & Markets)

 

Not Available.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.82

UK Pound

1

Rs.72.84

Euro

1

Rs.64.58

 

 

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

Capability to overcome financial difficulties seems comparatively below average.

 

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

----

NB

New Business

----

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.