x
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Report Date : |
16.02.2012 |
IDENTIFICATION DETAILS
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Name : |
DAE JIN PRECISION CORP. |
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Registered Office : |
106-1, Wolmun-ri, Paltan-myeon,
Hwaseong-si, Gyeonggi-do, Korea 445-971 |
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Country : |
South Korea |
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Date of Incorporation : |
27.02.1989 |
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Com. Reg. No.: |
113-03-93354 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Manufacture of Taps, Valves and Similar Products |
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No. of Employees : |
27 |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 : |
Unknown |
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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 (30.06.2011) |
Current Rating (30.09.2011) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Company Name |
DAE JIN PRECISION CORP. (Korean Company Name : 대진산업) |
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Registered Address |
106-1, Wolmun-ri, Paltan-myeon,
Hwaseong-si, Gyeonggi-do, Korea |
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Zip Code |
445-971 |
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Tel |
+82-31-354-1747~8 |
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Fax |
+82-31-354-7678 |
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E-mail |
djshaft@sprinkler.co.kr |
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Website |
www.sprinkler.kr |
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Trading Address |
106-1, Wolmun-ri, Paltan-myeon,
Hwaseong-si, Gyeonggi-do, Korea |
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Tel |
+82-31-354-1747~8 |
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Fax |
+82-31-354-7678 |
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Type |
Export |
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Industry |
Manufacture of Taps, Valves and Similar Products |
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Main Business |
Sprinkler Flexible Joint, Reducer, Nipple, Shaft, Gas Spindle, Wheel
for Scale Model, Precision Machined Parts |
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Sub
Business |
|
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Established (mm/dd/yyyy) |
02/27/1989 |
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Activity |
Detailed Products (UNSPSC) |
|
Sell |
Axle spindles(25173804) |
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Sell |
Pipe expansion joints(40142312) |
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Sell |
Pipe reducers(40142305) |
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Name |
Lim Young-Sun |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
27 |
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Formation |
Sole Proprietorship |
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Bank Details |
Industrial Bank of Korea |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
113-03-93354 |
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Permit & Licenses |
2003 ISO 9001 2008 UL Mark |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
02/27/1989 Established as the present name 06/09/2011 Designated as a Venture Business |
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Owner |
Mr. |
Lim Young-Sun |
Male |
Korean |
02/27/1989 |
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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2009 |
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2008 |
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2007 |
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178,510,000 |
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2006 |
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2005 |
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2004 |
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2003 |
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The full &
latest financials are not available, and the Subject Company does not have any
obligations to release its financials to the public.
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Authorized Capital(KRW) |
Not Applicable to the Sole Proprietorship |
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Paid-Up Capital(KRW) |
Not Applicable to the Sole Proprietorship |
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Total Issued Shares |
Not Applicable to the Sole Proprietorship |
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Main Products & Services |
Sprinkler Flexible Joint, Reducer, Nipple, Shaft, Gas Spindle, Wheel
for Scale Model, Precision Machined Parts |
|
Customers |
DAEKYUNG ENGINEERING CO., LTD.(120111-0008567) HEUNGHAN DEVELOPMENT CO., LTD.(200111-0004815) SANYO(JAPAN) MITSUBISHI(JAPAN) TOSHIBA(JAPAN) |
|
Competitors |
WONIL INDUSTRIAL CO., LTD. 595-1, SONGCHEON-RI, SUDONG-MYEON,
NAMYANGJU-SI, GYEONGGI-DO, KOREA TEL:+82-31-594-8033 FAX:+82-31-594-8034 KWANG WON I & D CO., LTD. 45, SACHANG-RI, YANGGAM-MYEON, HWASEONG-SI,
GYEONGGI-DO, KOREA TEL:+82-31-353-3245 FAX:+82-31-353-4146 DONG YANG CO., LTD. 858-1, EOGOK-DONG, YANGSAN-SI,
GYEONGSANGNAM-DO, KOREA TEL:+82-55-367-2311 FAX:+82-55-367-2316 |
(Activity &
Markets)
The Subject exports
to Japan and USA.
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.29 |
|
|
1 |
Rs.77.45 |
|
Euro |
1 |
Rs.64.89 |
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 SCs 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.