MIRA INFORM REPORT
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Report Date : |
10.04.2012 |
IDENTIFICATION DETAILS
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Name : |
DONG IL TEXTILE CO., LTD. |
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Registered Office : |
738, Dapsimni-dong, Dongdaemun-gu, |
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Country : |
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Financials (as on) : |
31.12.2008 |
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Date of Incorporation : |
19.10.2000 |
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Com. Reg. No.: |
204-81-53748 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Wholesales of Textiles, Thread and Other Textile Fibers |
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No. of Employees
: |
20 |
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, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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 |
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Company
Name |
DONG IL TEXTILE CO., LTD. (Korean Company Name : “(주)동일직물”) |
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Registered Address |
738, Dapsimni-dong,
Dongdaemun-gu, |
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Zip Code |
130-808 |
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Tel |
+82-2-2243-0964 |
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Fax |
+82-2-2214-4808 |
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E-mail |
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Trading Address |
738, Dapsimni-dong,
Dongdaemun-gu, |
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Tel |
+82-2-2243-0964 |
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Fax |
+82-2-2214-4808 |
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Type |
Export/Import |
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Industry |
Wholesales of Textiles, Thread and Other Textile
Fibers |
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Established (mm/dd/yyyy) |
10/19/2000 |
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Yarns(11151700) |
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Sell |
Threads(11151600) |
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Name |
Koo Cheon-Seok |
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Address |
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Date of Birth |
05/29/1965 |
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Title |
Representative Director |
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Sex |
Male |
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Nationality |
Korean |
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Capital (KRW) |
100,000,000 |
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Employees |
20 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
Woori Bank-Hancheonro Branch |
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Corporate Registered No. |
110111-2094128 |
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Business Registered No. |
204-81-53748 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
10/19/2000 Incorporated as the present name 12/19/2001 Increased capital to 100,000,000
KRW from 50,000,000 KRW 11/21/2005 Moved to the present HQ address
from 756, Dapsimni-dong, Dongdaemun-gu, |
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Representative Director |
Mr. |
Koo Cheon-Seok |
Male |
Korean |
02/11/2009 |
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Auditor |
M/S. |
Kim Hee-Sun |
Female |
Korean |
03/20/2003 |
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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2009 |
3,188,370,000 |
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130,350,000 |
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2008 |
2,760,000,000 |
1,497,000,000 |
106,000,000 |
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2007 |
2,147,000,000 |
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73,000,000 |
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2006 |
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2005 |
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2004 |
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2003 |
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The latest
financials are not available, and the Subject Company does not have any obligations
to release its financials to the public.
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Authorized Capital(KRW) |
200,000,000 |
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Paid-Up Capital(KRW) |
100,000,000 |
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Total Issued Shares |
20,000 |
Balance
Sheet
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|||
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Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
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Total Assets |
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1,497,000,000 |
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Current Assets |
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1,031,000,000 |
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-Quick Assets |
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272,000,000 |
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-Inventories |
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759,000,000 |
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Fixed Assets |
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466,000,000 |
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-Investment |
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265,000,000 |
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-Tangibles |
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-Intangibles |
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201,000,000 |
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Total Liabilities |
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982,000,000 |
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Current Liabilities |
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982,000,000 |
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Fixed Liabilities |
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Capital Stock |
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100,000,000 |
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Capital Surplus |
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Profit Surplus |
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415,000,000 |
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Capital Adjustment |
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Total Equity |
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515,000,000 |
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Liab. & Shareholder’s Equity |
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1,497,000,000 |
Income
Statement
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Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
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Sales |
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2,760,000,000 |
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Cost of Sold Goods |
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2,084,000,000 |
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Gross Profit |
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676,000,000 |
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Selling & Admin. Expenses |
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508,000,000 |
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Operating Income |
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168,000,000 |
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Non-Operating Income |
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Non-Operating Expenses |
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42,000,000 |
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Income Before Taxes |
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126,000,000 |
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Income Taxes Expenses |
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21,000,000 |
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Net Income |
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105,000,000 |
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Main Products & Services |
Textiles, Thread and Other Textile
Fibers |
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Competitors |
SAMIL SPINNING CO., LTD. 2-1, GAYA-RI, JILLYANG-EUP, GYEONGSAN-SI, TEL:+82-53-817-3131~6 FAX:+82-53-817-3139 JEIL SYNTHETIC FIBERS CO., LTD. RM. 1501, GANGNAM BLDG., 1321-1, SEOCHO
2-DONG, SEOCHO-GU, TEL:+82-2-597-3202~3 FAX:+82-2-581-9224 SEWON
ENTERPRISE CO., LTD. 976-4,
GEUMSAN-RI, WAEGWAN-EUP, CHILGOK-GUN, TEL:+82-54-973-6321 FAX:+82-54-973-1659 |
(Activity &
Markets)
Not Available.
Not Available.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.28 |
|
|
1 |
Rs.81.38 |
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Euro |
1 |
Rs.67.01 |
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.