|
Report Date : |
07.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
DAE SUNG CO. |
|
|
|
|
Registered Office : |
55-23, Sangpyeong-dong,
Jinju-si, Gyeongsangnam-do, Korea |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Date of Incorporation : |
01.07.1985 |
|
|
|
|
Com. Reg. No.: |
613-16-97919 |
|
|
|
|
Legal Form : |
Sole Proprietorship |
|
|
|
|
Line of Business : |
Manufacture of Other Machinery for Textiles, Apparel and
Leather Production |
|
|
|
|
No. of Employees : |
13 |
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, 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 |
|
Company Name |
DAE SUNG CO. (Korean Company Name : “대성공업사”) |
|
Registered Address |
55-23,
Sangpyeong-dong, Jinju-si, Gyeongsangnam-do, Korea |
|
Zip Code |
660-902 |
|
Tel |
+82-55-752-1484 |
|
Fax |
+82-55- 752-3571 |
|
E-mail |
|
|
Trading Address |
55-23,
Sangpyeong-dong, Jinju-si, Gyeongsangnam-do, Korea |
|
Tel |
+82-55-752-1484 |
|
Fax |
+82-55- 752-3571 |
|
Other Address-Branch Office |
188-8, Nowon-dong 2-ga, Buk-gu, Daegu, Korea |
|
Tel |
+82-53-358-0008 |
|
Type |
Export |
|
Industry |
Manufacture of Other Machinery
for Textiles, Apparel and Leather Production n.e.c. |
|
Main Business |
Machinery
and Parts for Textiles |
|
Established (mm/dd/yyyy) |
07/01/1985 |
Mr. Kim Kyung
Ho/Owner has owned the premises of registered HQ address/Factory, and the
branch office.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Textile working machinery and equipment and
accessories(23121600) |
|
Sell |
Machinery for Apparel and Leather Production |
|
Name |
Kim Kyung-Ho |
|
Title |
Owner |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
Not
Applicable to the Sole Proprietorship |
|
Employees |
13 |
|
Formation |
Sole Proprietorship |
|
Bank Details |
Kyungnam Bank-Seo Branch Nonghyup Bank-Jinju Central
Branch |
|
Corporate Registered No. |
Not Applicable to the Sole
Proprietorship |
|
Business Registered No. |
613-16-97919 |
|
Permit & Licenses |
Int’l Trade No.: 372611 |
|
Shareholder Position |
The owner has 100% shares. |
|
Company History |
07/01/1985
Established as the present name |
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Owner |
Mr. |
Kim Kyung-Ho |
Male |
Korean |
07/01/1985 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
2007 |
1,566,400,000 |
|
|
|
2006 |
|
|
|
|
2005 |
3,651,000,000 |
2,470,000,000 |
298,000,000 |
|
2004 |
|
|
|
|
2003 |
2,100,000,000 |
|
|
The latest financial is not
available, and the subject does not have any obligation to releases its
financials to the public.
|
Authorized Capital(KRW) |
Not Applicable to the Sole Proprietorship |
|
Paid-Up Capital(KRW) |
Not Applicable to the Sole Proprietorship |
|
Total Issued Shares |
Not Applicable to the Sole Proprietorship |
|
Main Products & Services |
Machinery for Textiles, Apparel and Leather Production |
|
Competitors |
KORIN MACHINERY CO., LTD. 929-9, WORAM-DONG, DALSEO-GU,
DAEGU, KOREA TEL:+82-53-587-9231~3 FAX:+82-53-587-9230 OKWON INDUSTRY CO., LTD. 100-58, GALSAN-DONG, DALSEO-GU,
DAEGU, KOREA TEL:+82-53-583-1722 FAX:+82-53-582-1724 SUNG CHANG TEXTILE MACHINE CO.,
LTD. 189, CHANGHYEON-RI, HWADO-EUP,
NAMYANGJU-SI, GYEONGGI-DO, KOREA TEL:+82-31-594-3382 FAX:+82-31-594-3389 |
(Activity &
Markets)
The Subject exports to Pakistan.
Not Available.
---
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.47 |
|
UK Pound |
1 |
Rs.86.60 |
|
Euro |
1 |
Rs.68.66 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.