MIRA INFORM REPORT

 

 

Report Date :           

24.04.2012

 

IDENTIFICATION DETAILS

 

Name :

DAEHO OUTDOOR CO., LTD.

 

 

Registered Office :

230-15, Yongdap-dong, Seongdong-gu, Seoul, Korea, 4th Fl., Daeho Bldg., Zip Code133-850

 

 

Country :

South Korea

 

 

Date of Incorporation :

30.05.2003

 

 

Com. Reg. No.:

206-81-82026

 

 

Legal Form :

Co., Ltd by Shares

 

 

Line of Business :

Wholesale of Shirts and Outer Garments

 

 

No. of Employees :

08

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Closed

Payment Behaviour :

---

Litigation :

---

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

 

Country Name

Previous Rating

                   (31.12.2011)                  

Current Rating

(31.03.2012)

South korea

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Basic

 

Company Name

DAEHO OUTDOOR CO., LTD.

(Korean Company Name : “()대호아웃도어”)

Registered Address

230-15, Yongdap-dong, Seongdong-gu, Seoul, Korea

Building

4th Fl., Daeho Bldg.

Zip Code

133-850

Tel

+82-2-2244-1710~1

Fax

+82-2-2244-1712

E-mail

daehoco@hitel.net

Website

www.daehoco.com

Trading Address

4th Fl., Daeho Bldg., 230-15, Yongdap-dong, Seongdong-gu, Seoul, Korea

Tel

+82-2-2244-1710~1

Fax

+82-2-2244-1712

Type

Export/Import

Industry

Wholesale of Shirts and Outer Garments

  Main Business

Outdoor Garments, Trekking Boots, Fabrics, Trekking poles, Avalanche Probe, Accessory Carabiner, Decelerator, Steel Cable Ladder

Established (mm/dd/yyyy)

5/30/2003

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Athletic footwear(53111900)

Sell

Athletic wear(53102900)

 

 

CEO’s

 

Name

Kim Dae-Song

Address

Suite 92-101, 481, Apgujeong-dong, Gangnam-gu, Seoul, Korea

Date of Birth

11/17/1950

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

300,000,000

Employees

8

Formation

Co., Ltd by Shares

Bank Details

Shinhan Bank-Janganpyung Branch

Corporate Registered No.

110111-2790651

Business Registered No.

206-81-82026

Permit & Licenses

Int’l Trade No.: 45106280

Shareholder Position

N/A

Company History

05/30/2003 Incorporated as the present name

12/13/2003 Increased the authorized shares to 300,000,000 KRW from 100,000,000 KRW

 

 

 

DAE HO INTERNATIONAL CORP.(110111-1717028, CEO : Kim Dae-Song) located at 230-15, Yongdap-dong, Seongdong-gu, Seoul, Korea has been liquidated and closed as of 03/19/2004.

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

Mr.

Kim Dae-Song

Male

Korean

09/21/2006

Director

Mr.

Chae Young-Im

Male

Korean

03/15/2006

Director

Mr.

Kim Hye-Seung

Male

Korean

03/15/2006

Auditor

Mr.

Kim Bum-Seung

Male

Korean

03/15/2006

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2011

 

 

 

2010

 

 

 

2009

 

 

 

2008

 

 

 

2007

 

 

 

2006

6,863,000,000

 

 

2005

6,405,000,000

 

 

2004

8,200,000,000

 

 

2003

4,286,000,000

 

 

 

The latest & full 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)

400,000,000

Paid-Up Capital(KRW)

300,000,000

Total Issued Shares

60,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Outdoor Garments, Trekking Boots, Fabrics, Trekking poles, Avalanche Probe, Accessory Carabiner, Decelerator, Steel Cable Ladder

 

 

Trade Partners & Competitors

 

Competitors

DONG IN CO.

388-1, MONGNAE-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO, KOREA

TEL:+82-31-492-3024  FAX:+82-31-493-0406

 

KWANG MYOUNG TREADING CO.

463-1, GAEGOK-RI, WOLGOT-MYEON, GIMPO-SI, GYEONGGI-DO, KOREA

TEL:+82-31-997-4300  FAX:+82-31-996-4309

 

VERMONT OUTDOOR CORP.

RM. 208, BYUKSAN AIR TRIUM, 849, BANGHWA 2-DONG, GANGSEO-GU, SEOUL, KOREA

TEL:+82-2-2667-0545  FAX:+82-2-2661-0546

 

 

Sales by Region

(Activity & Markets)

 

The Subject imports from France, Italy, Japan and USA.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

--


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.52.23

UK Pound

1

Rs.84.16

Euro

1

Rs.68.84

 

 

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.