MIRA INFORM REPORT

 

 

Report Date :           

19.01.2012

 

IDENTIFICATION DETAILS

 

Name :

DAEYOUNG INSTRUMENT CO., LTD.

 

 

Registered Office :

1258, Guro 2-dong, Guro-gu, Seoul, Korea, Ra-2522, Jungang Circulation Complex, Zip Code 152-721

 

 

Country :

South Korea

 

 

Date of Incorporation :

06.01.1990

 

 

Com. Reg. No.:

113-81-18071

 

 

Legal Form :

Co., Ltd by Shares

 

 

Line of Business :

Wholesale of Medical, Precision and Scientific Instruments and Equipment

 

 

No. of Employees :

07

 

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 :

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 30th, 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

 


Basic

 

Company Name

DAEYOUNG INSTRUMENT CO., LTD.

(Korean Company Name : “()대영계장”)

Registered Address

1258, Guro 2-dong, Guro-gu, Seoul, Korea

Building

Ra-2522, Jungang Circulation Complex

Zip Code

152-721

Tel

+82-2-2625-3344

Fax

+82-2-2625-0480~1

E-mail

dpharp@hanmail.net;fishbob@empal.com

Website

www.daeyoung.biz

Trading Address

Ra-2522, Jungang Circulation Complex, 1258, Guro 2-dong, Guro-gu, Seoul, Korea

Tel

+82-2-2625-3344

Fax

+82-2-2625-0480~1

Type

Import

Industry

Wholesale of Medical, Precision and Scientific Instruments and Equipment

  Main Business

Recorder, Transmitter, Controller, Vacuum Flexible Tube, Bellows

Established (mm/dd/yyyy)

01/06/1990

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Pressure transmitters(41112410)

Sell

Switches and controls and relays and accessories(39121500)

Sell

Oxygen sensors(41111924)

 

 

CEO’s

 

Name

Seo Byung-Choon

Address

Suite 711-701, 932-4, Pyeongchon-dong, Dongan-gu, Anyang-si, Gyeonggi-do, Korea

Date of Birth

08/24/1958

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

50,000,000

Employees

7

Formation

Co., Ltd by Shares

Bank Details

Shinhan Bank-Haan Dong Branch

Corporate Registered No.

110111-0667860

Business Registered No.

113-81-18071

Permit & Licenses

Int’l Trade No.: 11010735

Shareholder Position

N/A

Company History

1979 Established as DONGHWA CORPORATION(Sole Proprietorship)

01/06/1990 Incorporated as the present name

10/11/2005 Moved to the present HQ address from Ba-1328, Jungang Circulation Complex, 1258, Guro 2-dong, Guro-gu, Seoul, Korea

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

Mr.

Seo Byung-Choon

Male

Korean

06/12/2008

Director

Mr.

Oh Seung-Eun

Male

Korean

12/03/2007

Auditor

M/S.

Park In-Sook

Female

Korean

03/31/1996

 

 

Financials

 

The 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 Issued Shares

5,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Recorder, Transmitter, Controller, Vacuum Flexible Tube, Bellows

 

Brand Name : YOKOGAWA, TOKYO KEISO, OSAKA RASEN KAN KOGYO, CHINO, NAGANO

 

 

Trade Partners & Competitors

 

Customers

Major Governmental Corporations in Korea

Competitors

PANASIA CO., LTD.

542-5B, NOKSAN NATIONAL INDUSTRIAL COMPLEX, 1559-3, SONGJEONG-DONG, GANGSEO-GU, BUSAN, KOREA

TEL:+82-51-831-1010  FAX:+82-51-831-1399

 

S-TEK ENGINEERING

4TH FL., OKCHUN BLDG., 385-47, HAPJEONG-DONG, MAPO-GU, SEOUL, KOREA

TEL:+82-2-324-4605  FAX:+82-2-324-4607

 

DAEHYUN INDUSTRIAL TECHNOLOGIES

2-603, JAMWON HANSHIN APT., 56-3, JAMWON-DONG, SEOCHO-GU, SEOUL, KOREA

TEL:+82-2-585-0027  FAX:+82-2-585-4070

 

 

Sales by Region

(Activity & Markets)

 

The Subject imports from Japan.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

--


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.67

UK Pound

1

Rs.77.72

Euro

1

Rs.64.63

 

 

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.