MIRA INFORM REPORT

 

 

Report Date :

14.08.2012

 

IDENTIFICATION DETAILS

 

Name :

ROBO INDUSTRY CO., LTD.

 

 

Registered Office :

B1, 610-22, Mok-dong, Yangcheon-gu, Seoul 158-050

 

 

Country :

South Korea

 

 

Date of Incorporation :

02.09.2002

 

 

Legal Form :

Co., Ltd by Shares

 

 

Line of Business :

Manufacture of Leather Garments

 

 

No. of Employees :

27

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

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

 


Basic

 

Company Name

ROBO INDUSTRY CO., LTD.

(Korean Company Name : “()로보산업”)

Registered Address

B1, 610-22, Mok-dong, Yangcheon-gu, Seoul, Korea

Zip Code

158-050

Tel

+82-2-335-0836

Fax

+82-2-335-0866

E-mail

robo@robokorea.co.kr

Website

www.robokorea.co.kr

Trading Address

B1, 610-22, Mok-dong, Yangcheon-gu, Seoul, Korea

Tel

+82-2-335-0836

Fax

+82-2-335-0866

Type

Export/Import

Industry

Manufacture of Leather Garments

  Main Business

Garments and Accessories

  Sub Business

 

Established (mm/dd/yyyy)

09/02/2002

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Dresses and skirts and saris and kimonos(53102000)

Sell

Slacks and trousers and shorts(53101500)

Sell

Coats and jackets(53101800)

 

 

CEO’s

 

Name

Kim Min-Hee

Address

Suite 101-1404, 48, Singye-dong, Yongsan-gu, Seoul, Korea

Date of Birth

09/22/1981

Title

President & CEO

Sex

Female

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

200,000,000

Employees

27

Formation

Co., Ltd by Shares

Bank Details

Woori Bank-Sigyo Central Branch

Corporate Registered No.

1101112-601204

Business Registered No.

105-86-44480

Permit & Licenses

N/A

Shareholder Position

N/A

Company History

10/03/1983 Established as ANAM Corporation(Sole Proprietorship)

09/02/2002 Changed company name to the present name

11/04/2005 Increased capital to 200,000,000 KRW from 50,000,000 shares

09/30/2007 Moved to the present HQ address from 400-19, Hapjeong-dong, Mapo-gu, Seoul, Korea

 

 

Detailed Information

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

Representative Director

M/S.

Kim Min-Hee

Female

Korean

09/02/2002

Auditor

M/S.

Kim Soo-Yeon

Female

Korean

03/27/2008

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2011

8,260,000,000

1,710,000,000

94,000,000

2010

6,776,000,000

1,668,000,000

92,000,000

2009

6,069,000,000

1,312,000,000

89,000,000

2008

2,210,680,000

 

18,280,000

2007

1,737,820,000

 

17,180,000

2006

 

 

 

2005

 

 

 

2004

 

 

 

2003

 

 

 

 

Financial Description

 

Authorized Capital(KRW)

200,000,000

Paid-Up Capital(KRW)

200,000,000

Total Issues Shares

40,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Leather Garments

 

Brand Name : ROBO

 

 

Trade Partners & Competitors

 

Customers

LOTTE DEPARTMENT STORE, GS HOMESHOPPING, HYUNDAI DEPARTMENT STORE

Competitors

PIWON CO., LTD.

542, DONGDUCHEON-DONG, DONGDUCHEON-SI, GYEONGGI-DO, KOREA

TEL:+82-31-867-8670  FAX:+82-31-866-8670

 

BUMYANG LEATHER TECH CO., LTD.

27-5, CHOSEONG-RI, CHEONGSAN-MYEON, YEONCHEON-GUN, GYEONGGI-DO, KOREA

TEL:+82-31-835-6177  FAX:+82-31-835-6252

 

DSI COMPANY LTD.

617-1, SEONGGOK-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO, KOREA

TEL:+82-31-491-9421  FAX:+82-31-491-0387

 

 

Sales by Region (Activity & Markets)

 

The Subject imports from Italy.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.41

UK Pound

1

Rs.86.77

Euro

1

Rs.55.41

 

 

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

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%)

 

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