x
|
Report Date : |
15.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
DONGBU SPECIAL
STEEL CO., LTD. |
|
|
|
|
Registered Office : |
891-10, Daechi 4-dong, Gangnam-gu, Seoul, 4th Fl., Dongbu Financial
Center, 135-523 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Date of Incorporation : |
04.01.2011 |
|
|
|
|
Com. Reg. No.: |
120-87-62602 |
|
|
|
|
Legal Form : |
Co., Ltd by Shares |
|
|
|
|
Line of Business : |
Manufacture of Steel Wire |
|
|
|
|
No. of Employees : |
42 |
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 : |
New company |
|
Payment Behaviour : |
Unknown |
|
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 (30.06.2011) |
Current Rating (30.09.2011) |
|
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 |
DONGBU SPECIAL
STEEL CO., LTD. (Korean Company
Name : “동부특수강(주)”) |
|
Registered Address |
891-10, Daechi 4-dong, Gangnam-gu, Seoul,
Korea |
|
Building |
4th Fl., Dongbu Financial Center |
|
Zip Code |
135-523 |
|
Tel |
+82-2-3450-8120 |
|
Fax |
+82-2-3450-8522 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
4th Fl., Dongbu Financial Center, 891-10,
Daechi 4-dong, Gangnam-gu, Seoul, Korea |
|
Tel |
+82-2-3450-8120 |
|
Fax |
+82-2-3450-8522 |
|
Other Address-Factory |
792-1, Goedong-dong, Nam-gu,
Pohang-si, Gyeongbuk, Korea |
|
Tel |
+82-54-289-2114 |
|
Fax |
+82-54-285-8022 |
|
Type |
Export |
|
Industry |
Manufacture of Steel Wire |
|
Main Business |
CHQ Wire, Steel Wire, Cold Drawn Bar |
|
Established (mm/dd/yyyy) |
01/04/2011 |
The Subject owns
the premises of Factory.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Mechanical wire(31151800) |
|
Sell |
Steel bars(30101604) |
|
Name |
Seo Young-Joon |
|
Address |
Suite 305-701, 28, Naruter-ro 4 gil, Seocho-gu,
Seoul, Korea |
|
Date of Birth |
01/21/1950 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
20,000,000,000 |
|||||||||
|
Employees |
42 |
|||||||||
|
Formation |
Co., Ltd by Shares A Company of DONGBU Group |
|||||||||
|
Bank Details |
Hana Bank Korea Development Bank Korea Exchange Bank |
|||||||||
|
Corporate Registered No. |
110111-4505595 |
|||||||||
|
Business Registered No. |
120-87-62602 |
|||||||||
|
Permit & Licenses |
N/A |
|||||||||
|
Shareholder Position |
|
|||||||||
|
Company History |
01/04/2011 Incorporated after spin off from
DONGBU STEEL CO., LTD.(110111-0393308) |
|||||||||
|
|
|
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Seo Young-Joon |
Male |
Korean |
11/01/2011 |
|
Director |
Mr. |
Park Jae-Jong |
Male |
Korean |
01/04/2011 |
|
Director |
Mr. |
Cho Sung-Kwan |
Male |
Korean |
01/04/2011 |
|
Auditor |
Mr. |
Bae Heung-Joon |
Male |
Korean |
01/04/2011 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
|
|
|
Financial
Description
|
Authorized Capital(KRW) |
80,000,000,000 |
|
Paid-Up Capital(KRW) |
20,000,000,000 |
|
Total Issues Shares |
20,000,000 |
|
Main Products & Services |
-Cold Drawn Bar Characteristics: The cold drawn steel bar (CD
Bar) is a hot-rolled wire rod that has undergone the cold-rolled drawing
process. It is sheared to a regular length, which adds perfect straightness
as one of its features. Compared with hot rolled drawn steel bars,
cold-rolled drawn steel bars feature superb surface roughness, dimensional
precision, and straightness. They are used in the manufacture of automotive
parts and home electrical appliances. The Subject offers long bars and CTL
(cut to length) products which are sheared to the length of the final part. Applications: Automotive shafts, industrial
machines, OA machines |
|
Suppliers |
POSCO(174611-0000741) |
|
Customers |
DONGBU STEEL CO., LTD.(110111-0393308) DONGBU METAL CO., LTD.(110111-3836678) |
|
Competitors |
SEAH SPECIAL STEEL CO., LTD. 747, JANGHEUNG-DONG, NAM-GU, POHANG-SI,
GYEONGSANGBUK-DO, KOREA TEL:+82-54-285-4771 FAX:+82-54-285-4095 POSCO SPECIALTY STEEL CO., LTD. 65, SINCHON-DONG, CHANG-WON-SI,
GYEONGSANGNAM-DO, KOREA TEL:+82-55-269-6114 FAX:+82-55-269-6901 KISWIRE LTD. 475, MANGMI 2-DONG, SUYEONG-GU, BUSAN,
KOREA TEL:+82-51-760-1700 FAX:+82-51-757-7379 |
|
Affiliates-Domestic |
DONGBU STEEL CO., LTD.(110111-0393308) DONGBU HITECK CO., LTD.(110111-0026206) DONGBU FINE CHEMICALS CO.,
LTD.(110111-0026206) DONGBU FINECELL CO., LTD.(110111-1504102) TOMATO LSI INC.(110111-1801988) SOLEX SEMICONCODUCTOR CO.,
LTD.(110111-3727611) DONGBU METAL CO., LTD.(110111-3836678) DONGBU CORPORATION(110111-0005002) DONGBU ENGINEERING CO., LTD.
(110111-0659536) DONGBU PUSAN CONTAINER TERMINAL CO.,
LTD.(180111-0356013) CENTRAL PIER OPERATION CO.,
LTD.(180111-0290237) DONGBU GWANGYANG LOGISTICS CENTER CO.,
LTD.(204611-0025180) DONGBU EXPRESS MARINE CO.,
LTD.(180111-0605866) FINE-ADVANTAS AMC CORPORATION CO.,
LTD.(110111-3783811) DONGBU COMPLEX LOGISTICS CO.,
LTD.(204611-0026203) DAESUNG FREZING TRANSPORTATION CO.,
LTD.(115611-0011096) DAESUNG TOTAL LOGISTICS SYSTEM CO.,
LTD.(115611-0038892) DCT CO., LTD.(144711-0015786) DONGBU GWANGYANG STEEL DISTRIBUTION CENTER
CO., LTD.(204611-0027649) BAIKSAN ITS CO., LTD.(110111-2585630) DONGBU INSURANCE CO., LTD.(110111-0095285) DONGBU AUTOMOBILE INSURANCE CLAIM
ADJUSTMENT CO., LTD.(110111-0367402) DONGBU SECURITIES CO., LTD.(110111-0339956) DONGBU MUTUAL SAVING BANK (110111-0135627) DONGBU ASSET MANAGEMENT CO., LTD.
(110111-1363160) DONGBU CNI CO., LTD.(110111-1054339) GONGJU ENVIRONMENT CO.,
LTD.(161211-0011288) DONGBU INCHEON PORT TERMINAL CO., LTD. (120111-0305327) DONGBU LIFE INSURANCE CO.,
LTD.(110111-0623606) DONGBU CAPITAL CORP. (110111-1220641) DONGBU CO., LTD. (110111-0367212) DONGBU WORLD INC.(110111-0628086) DONGBU EXPRESS CO., LTD.(110111-4505769) DONGBU LED CO., LTD.(110111-4616623) (19.52% held by the subject company) |
|
Affiliates-Overseas |
DONGBU AUSTRALIA PTY. LTD. DONGBU EXPRESS INDIA LOGISTICS PRIVATE
LIMITED YOUNGKU DONGBU HANNONG SEEDS CO., LTD. DONGBUCHEM.HK LTD. EASTERNCHEM PTE. LTD DONGBU HITEK USA, INC. DONGBU HIGHTECH HONGKONG CO., LIMITED DONGBU HITECK(SHIMCHEON) CO., LTD.(CHINA) MICROCMOS, INC. DONGBU ZSC DONGBU HANNONG (HEILONGJIANG) CHEMICAL
CORP. SOLEX SEMICONDUCTOR(SHANGHAI) R&D LTD SOLEX SEMICONDUCTOR INDIA PRIVATE LIMITED SHANGHAI DONGBU INTERNATIONAL FREIGHT
AGENCY CO., LTD. DONGBU ELECTRIC COMPENENTS CO., LTD. DONGBU PRECISION PRODUCTS CO., LTD. DONGBU U.S.A. INC. DONGBU JAPAN CO., LTD. DONGBU SINGAPORE PTE, LTD. |
|
Corporate Ownership |
DONGBU STEEL CO.,
LTD.(110111-0393308) |
|
Major Shareholders |
DONGBU STEEL CO.,
LTD.(110111-0393308) |
The Subject exports
to Iran.
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.33 |
|
|
1 |
Rs.77.41 |
|
Euro |
1 |
Rs.64.83 |
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.