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Report Date : |
26.04.2012 |
IDENTIFICATION DETAILS
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Name : |
KWANG JE CO., LTD. |
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Registered Office : |
517-15, Gwacheon-dong, Gwacheon-si, |
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Country : |
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Date of Incorporation : |
28.06.1997 |
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Com. Reg. No.: |
180111-0235374 |
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Legal Form : |
Co., Ltd by shares |
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Line of Business : |
Wholesale of Other Agricultural Raw Materials and Live Animals |
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No. of Employees : |
4 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 : |
No complaints |
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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 – September 30, 2011
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
|
Company
Name |
KWANG JE CO., LTD. (Korean Company Name : “(주)광제무역”) |
|
Registered Address |
517-15, Gwacheon-dong,
Gwacheon-si, |
|
Building |
2FL., Dongkwang Bldg. |
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Zip Code |
427-060 |
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Tel |
+82-2-581-0271 |
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Fax |
+82-2-581-0231 |
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E-mail |
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Website |
|
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Trading Address |
2FL., Dongkwang Bldg., 517-15, Gwacheon-dong, Gwacheon-si, |
|
Tel |
+82-2-581-0229 |
|
Fax |
+82-2-581-0231 |
|
Type |
Export |
|
Industry |
Wholesale of Other Agricultural Raw Materials and Live Animals |
|
Main Business |
Cow Finished Leather |
|
Sub
Business |
Wholesale of Leather and Fur Products |
|
Established (mm/dd/yyyy) |
06/28/1997 |
The Subject
occupies the premises of registered address by leasing base.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Leathers(11162300) |
|
Sell |
Finished Leather Products |
|
Name |
Kim Dong-Kyung |
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Address |
Suite 1105-1002, 71, Jungang-dong
,Gwacheon-si, |
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Date of Birth |
05/10/1963 |
|
Title |
Representative Director |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
50,000,000 |
|
Employees |
4 |
|
Formation |
Co., Ltd by shares |
|
Bank Details |
Shinhan Bank-Shihwa Branch (Acct. No.:
100-002-975935) Kookmin Bank (Acct. No.: 820801-04-140943) Korea Exchange Bank (Acct. No.:
630-005357-368) |
|
Corporate Registered No. |
180111-0235374 |
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Business Registered No. |
622-81-17843 |
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Permit & Licenses |
Int’l Trade No.: 12072143 |
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Shareholder Position |
N/A |
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Company History |
07/01/1991 Established as KWANG JE CO. 06/28/1997 Incorporated as KWANG JE CO.,
LTD. 10/31/2000 Awarded US$10 Million Export
Top Prize 10/31/2001 Awarded US$20 Million Export
Top Prize 05/04/2007 Moved to the present address
from 672-1, Bono-dong ,Sangrok-gu ,Ansan-si, 05/04/2007 Changed company name to the
present Korean name. 03/10/2011 Moved to the present HQ address
from A-1301, SK Leaders View, 444-3, Bangbae 2-dong, Seocho-gu, |
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|
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Representative Director |
Mr. |
Kim Dong-Kyung |
Male |
Korean |
08/18/2006 |
|
Auditor |
Mr. |
Kim Dong-Myung |
Male |
Korean |
08/18/2006 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
|
|
|
|
|
2010 |
|
|
|
|
2009 |
6,318,220,000 |
|
59,090,000 |
|
2008 |
8,675,000,000 |
|
72,000,000 |
|
2007 |
5,890,430,000 |
|
36,110,000 |
|
2006 |
2,000,000,000 |
|
|
|
2005 |
5,589,000,000 |
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|
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2004 |
7,218,000,000 |
|
|
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2003 |
4,732,000,000 |
1,509,000,000 |
218,000,000 |
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) |
200,000,000 |
|
Paid-Up Capital(KRW) |
50,000,000 |
|
Total Issues Shares |
10,000 |
|
Main Products & Services |
Bag & Garment Leather Soft Nappa: It is 1.0~1.2mm Soft and Naked,
it is usually used for Bag. LAMB TOUCH NAPPA, DRUM DYED NAPPA, SEMI D/DYED
NAPPA, PIGMENTED NAPPA, WASHABLE NAPPA MC Nappa: 1.2~1.5mm Naked and soft to Touch
and Flat. It is possible to use as Bag and Shoe. DRUM DYED NAPPA, SEMI D/DYED NAPPA,
PIGMENTED NAPPA Nubuck Embossed Leather Shoes Leather Sports Shoes: 1.0~1.2mm. It is suitable as
the sports shoes. CGL, F/G NAPPA, PRINTED NAPPA Casual Shoes: 1.0~2.0mm FULL GRAIN FIRM
TYPE, FULL GRAIN SOFT TYPE, BBG TYPE, SEMI D/DYED PIGMENTED, OIL PULL UP, CORRECTED GRAIN
SMOOTH, CORRECTED GRAIN PRINTED, BURNISHABLECRAZY HORSE Boots: 1.3~1.5mm Flat Type FULL GRAIN, CORRECTED GRAIN, OIL PULL UP,
OIL FULL GRAIN Children Shoes: FULL GRAIN, CORRECTED
GRAIN, NAPPA Lamb
Skin Lamb Skin is softer than Cow Leather and it
can manufacture as various effect and Type. NZ Lamb: Semi Coated Type, Full Drum Dyed
Type. Others Upholstery: Aniline leather, Semi Aniline
Leather, Embossed Leather. It is pleasant to the touch and
Fashionable. Car Seat Leather: Pull Grain, Corrected
Grain Leather. Emphasis the physical property. Split: It is possible to do various work
according to the request of Buyer. Drum Dyed Leather Soft & Thin Leather Full Grain Leather Shrunken Leather Vegetable tanned Leather Nubuck Leather Automotive Leather Brand Name: Bois |
|
Detailed Products Spec. |
|
|
Technologies Acquired |
|
|
Suppliers |
TONY PEROTTI-ITALY |
|
Customers |
Major department stores including Lotte
Department Store in |
|
Competitors |
DAE IL LEATHER CO., LTD. 1086-1, JANGNIM 1-DONG, SAHA-GU, TEL:+82-51-262-9191~4 FAX:+82-51-262-9195 SEONG WON LEATHER IND. CO., LTD. 18B-45, BANWOL INDUSTRIAL COMPLEX, 617-7,
SEONGGOK-DONG, DANWON-GU, ANSAN-SI, TEL:+82-31-491-0212~3 FAX:+82-31-491-0504 YONG SHIN LEATHER CO., LTD. 100, SAMBANG-DONG, GIMHAE-SI, TEL:+82-55-329-0871 FAX:+82-55-329-0874 |
The Subject imports from
Not Available.
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.48 |
|
|
1 |
Rs.84.65 |
|
Euro |
1 |
Rs.69.25 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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 |
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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 |
|
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 |
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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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.