MIRA INFORM REPORT

 

 

Report Date :

17th June 2006

 

IDENTIFICATION DETAILS

 

Name :

NELTRON INDUSTRIAL CO LTD

 

 

Registered Office :

4F, 192 Chengteh Rd Section 4 Shihlin Dist Taipei City 111, Taiwan

 

 

Country :

Taiwan

 

 

Date of Incorporation :

October 27, 1989

 

 

Com. Reg. No.:

23457064

 

 

Legal Form :

Private Company

 

 

Line of Business :

Engaged in the business of manufacturing and trading of cable assembly, electronic switches and connectors and computer peripherals

 

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 :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


 

NAME & ADDRESS           

 

NELTRON INDUSTRIAL CO LTD

4FL, 192 CHENGTEH RD SECTION 4 SHIHLIN DIST TAIPEI CITY 111, TAIWAN

TEL:886-2-28802631 

FAX:886-2-28802710

 

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE            : OCTOBER 27, 1989

REGISTRATION NO.                  : 23457064

LEGAL FORM                           : PRIVATE COMPANY

CHIEF EXECUTIVE                    : MS. KELLY CHIA-SHU LEE   (CHAIRMAN)

STAFF STRENGTH                    : 40

CAPITAL                                   : US$ 312,500

BUSINESS LINE                        : TRADER

TURNOVER                              : N/A (AS OF DEC. 31, 2004)

EQUITIES                                 : N/A (AS OF DEC. 31, 2004)

PAYMENT                                : AVERAGE

RECOMM. CREDIT RANGE       : USD 50,000

MARKET CONDITION                : COMPETITIVE

FINANCIAL CONDITION             : STABLE

OPERATIONAL TREND  : STEADY

GENERAL REPUTATION           : AVERAGE

EXCHANGE RATE                     : TWD 32.4695 = US$1 AS OF 2006-6-16

 

 

 


Rounded Rectangle: HISTORY 

 

 

 


*Company History*

===============

1989            - Developed wire to board connectors for HK car audio market .

1991            - Developed screw machine pin, PGA, IC Socket product for mother board market.

1992            - Developed D-SUB connectors and 2.54 Board to Board connector.

1993            - Settled world sales channel completed, involving more than 30 countries.

1994            - Settled OEM system make a total solution to value customers.

1995            - Settled wire harness business.

1997            - Designed fine pitch SMD connectors .Ex:1.27mm pitch.

1998            - Established China factory in Dong Guan city Tangxia town.

2000            - Designed 0.8mm and 0.5mm board to board connectors.

2001            - Developed USB connector.

2003            - Developed 0.5mm board to board low profile 1.5-2.0mm height and 0.4mm board to board

                      connector ,worldwide of leading and attractive products.                 

2004            - Established new factory started using on  June of 2005 and setup lead free and RoHS

                     system.  

2005            - Started using new factory, lead free and RoHS Compliant.

 

*Company Registration*

===================

License number    : 23457064

Date issued           : 27 October, 1989

Issuing authority   : Ministry of Economic Affairs (MOEA) 

 

*Office & Facilities*

===============

Size                     : 127 sq. meter

Property status    : Owned by Ms. Kelly Chia-shu Lee

Type of building : Industrial building

Comments          : Served as office and warehouse.

 

Other Fax no. : 2-28802888

 

Previous Contact Details

----------------------------------

Address : 6Fl, 611 Chung Cheng Rd Shihlin District, Taipei City 111

Tel No   : 2-28162542

Fax  No  : 2-28162541 

 

*Corporate & Organization Structure*

=============================

A medium company operated and managed by an experienced team of professionals.

 

*Reputation*

==========

Reference checking for the purpose of establishing the firm's reputation within the respective industry failed to reveal any negative information.

 

 

Rounded Rectangle: WEB SITE 

 

 

 


Web site: www.neltron.com.tw SC’s website is unable to be landed at present for the technical reason.

 

Email : neltron@neltron.com.tw

 

 

 

 

Rounded Rectangle: LITIGATION 

 

 


For the past two years there is no record of litigation.

 

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 

 


*Major Shareholders*

=================

Shareholder's Name                               % of Shares

---------------------------                              ----------------

Ms. Kelly Chia-shu Lee                             470,000

Mr. Peter Wen-tai Huang                           470,000

Ms. Shu-yuan Huang                                           0

Mr. Shao-ming Lee                                              0 

 

 

 

Rounded Rectangle: MANAGEMENT 

 

 

 


Management :  Mr. Peter Wen-tai Huang, Sales Manager

                        Ms. Amei Chen, Human Resources Director

                        Ms. Ann Chang, Sales Manager

 

*COMPANY MANAGEMENT*

========================

Name                                        Job Description              Nationality

Ms. Kelly Chia-shu Lee              General Manager           Taiwan

 

*Key Personnel*

==============

(1) Ms. Amei Chen

Email : amei@neltron.com.tw

 

(2) Ms. Ann Chang

E-mail   : ann@neltron.com.tw

 

(3) Ms. Kelly Chia-shu Lee

Founder                : Co-Founder

Work experience : More than 20 years

Responsibilities   : Daily operation of the firm including all financial, sales and legal matters.

Email                   : kelly@neltron.com.tw

 

 

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


*Main Products & Services*

======================

Specializes in trading of cable assembly, electronic switches and connectors and computer peripherals, manufactured in its China factory.

 

Products :         41612 connectors 

                        Adapters 

                        Cable assemblies 

            Cables 

                        Centronic cables 

 

Brand: NELTRON

 

*Exhibition Participation*

====================

Participated in the following local exhibitions:

(1) Exhibition fair    : TAITRONICS AUTUMN - Taipei Int'l Electronics Autumn Show

Dates attended :  8-12 October, 1999

Location             : Taipei World Trade Center (TWTC)

 

(2) Exhibition fir      : TAITRONICS AUTUMN - Taipei Int'l Electronics Autumn Show

Dates attended : 9-13 October, 2000

Location             : Taipei World Trade Center (TWTC)

 

(3) Exhibition fair    : TAITRONICS SPRING - Taipei Int'l Electronics Spring Show

Dates attended : 25-29 April, 2002

Location            : Taipei World Trade Center (TWTC)

 

(4) Exhibition fair    : TAITRONICS - Components & Equipment

Dates attended : 9-13 October, 2002

Location            : Taipei World Trade Center (TWTC)

 

(5) Exhibition fair    : TAITRONICS - Finished Products

Dates attended : 16-20 October, 2002

Location            : Taipei World Trade Center (TWTC)

 

(6) Exhibition fair   : TAITRONICS SPRING - Taipei Int'l Electronics Spring Show

Dates attended : 18-22 April, 2003

Location            : Taipei World Trade Center (TWTC)

 

(7) Exhibition fair   : TAITRONICS - Components & Equipment

Dates attended : 9-13 October, 2003

Location            : Taipei World Trade Center (TWTC)

 

(8) Exhibition fair    : TAITRONICS SPRING - Taipei Int'l Electronics Spring Show

Dates attended : 7-11 April, 2004

Location           : Taipei World Trade Center (TWTC)

 

*Quality Certification*

==================

(1) Type of certification : ISO 9001 and UL certificate

Approved number    : E144392

Year of certification  : 1990

 

(2) Type of certification : ISO 9001 and 3-4 big OEM projects

Year of certification  : 1999

 

(3) Type of certification : USB 2.0 version certificate

Year of certification  : 2002

 

(4) Type of certification :

- ISO9001-2000

- UL E144392 (Connector) & UL E244929 (Terminal Block)

- UL 239299 (Wire Hardness)

- UL 239329 (Cable Assembly)

- CBPOWER CORD

- DEMKO/ SFS/NEMKO/SEMKO POWER CORD

- SGSTest Certificate

- ETC(Electrical Test Center) Project Certificate

 

*Payment Terms*

=============

Sales

------

Local   : Cash

               30-60 days credit

Export : Letter of Credit (L/C)

              Telegraphic Transfer (T/T)

 

Purchases

--------------

Local   : Cash

               30-90 days credit

Import : Letter of Credit (L/C)

Telegraphic Transfer (T/T)

 

 

*Competitors*

============

The following locally based firms supply similar range of products:

- CONSTAR INDUSTRIAL CO LTD

- DAVID ELECTRONICS CO LTD

- FAST CHANNEL CO LTD

- GLORY SPRING INT'L INC

- LIENTRON ENTERPRISE CO LTD 

 

*Detailed Product Specifications*

==========================

Product       :  Connectors

Application :  For computers & OA equipment

    - Board to Board (0.5mm Board to Board, 0.8mm Board to Board, 1.27mm Board to Board, 2.0mm Board to Board, 2.54mm Board to Board)

    - PCB (PCB Connector)

    - FPC/FFC Connector (0.5mm Pitch, 1.0mm Pitch, 1.25mm Pitch)

    - USB Connector (Mini USB Connector, USB Connector)

    - IEEE 1394 (IEEE-1394 Series)

    - 41612 Connector (Din 41612 Double Rows Male R/A & Female Straight Type)

    - Machine Pin (1.27mm Pin, 1.778mm Pin, 2.0mm Pin, 2.54mm Pin, Pogo Pin Series)

    - Wire to Board (1.0mm W T B, 1.25mm W T B, 1.5mm W T B, 2.0mm W T B, 2.5mm W T B, 2.54mm W T B, 3.0mm W T B,3.5mm W T B, 3.96mm W T B, 4.0mm W T B, 4.2mm W T B, 5.08mm W T B, 7.5/5.0mm W T B, 10.0/8.0mm W T B)

    - Wire to Wire (Dia. 1.3mm W H A, Dia. 1.58mm W H A, Dia. 2.0mm W H A, Dia. 2.36mm W H A 2.5mm W H A, 6.0/5.0mm W H A, 6.35mm W H A)

   - IDC Connector (2.0mm Pitch , 2.54mm Pitch)

   - D-SUB (D-SUB Solder Male & Female Type)

   - IC Memory Card  (Compact Flash Card)

   - Cable (Flat Cable, 2.0mm Pitch, 2.54mm Pitch, D-SUB IDC Flat Cable, SCSI IDC Flat Cable, Round Cable, HDMI Cable, DVI Cable, V.35 Cable, D-SUB Cable, HD.D-SUB Cable, DIN Cable Mini Din Cable, Micro Din Cable, Ear Phone Cable, DC Cable, RCA Cable, TV Cable, BNC Cable, SCART Cable, Cellular Phone Cable, Wire Harness, Lan Cable, SATA Cable, SR Series, Telephone Cable)

-          Adapter 

 

*Local Distribution Network*

=======================

30% of the annual turnover is attributed to local sales. 

 

*Export Markets*

=============

70% of the annual turnover is attributed to export.

 

 

*Overseas Agents & Distributors*

============================

Country                    Company Name                  Brand                    Product

-----------                ---------------------                 ---------              ----------------

Australia           BRAEMAC PTY LTD          NELTRON             Adaptors

Australia           BRAEMAC PTY LTD         NELTRON            Cables

Australia           BRAEMAC PTY LTD          NELTRON            Card edge connectors

Australia           BRAEMAC PTY LTD          NELTRON            Centronic cables

Australia           BRAEMAC PTY LTD          NELTRON            Centronics connectors

Australia           BRAEMAC PTY LTD          NELTRON            D-sub connectors

Australia           BRAEMAC PTY LTD          NELTRON            Dimm sockets

Australia           BRAEMAC PTY LTD          NELTRON            Dimm/simm socket connectors

Australia           BRAEMAC PTY LTD          NELTRON            Din connectors

Australia           BRAEMAC PTY LTD          NELTRON            Fpc connectors

Australia           BRAEMAC PTY LTD          NELTRON            Harnesses

Australia           BRAEMAC PTY LTD          NELTRON            Ic sockets

Australia           BRAEMAC PTY LTD          NELTRON            Ieee 1394 connectors

Australia           BRAEMAC PTY LTD          NELTRON            Modular jack

Australia           BRAEMAC PTY LTD          NELTRON            Modular plugs

Australia           BRAEMAC PTY LTD          NELTRON            Pga sockets

Australia           BRAEMAC PTY LTD          NELTRON            Pin headers

Australia           BRAEMAC PTY LTD          NELTRON            Rf connectors

Australia           BRAEMAC PTY LTD          NELTRON            Screws

Australia           BRAEMAC PTY LTD          NELTRON            Scsi connectors

Australia           BRAEMAC PTY LTD          NELTRON            Sockets

Australia           BRAEMAC PTY LTD          NELTRON            Terminal blocks

Australia           BRAEMAC PTY LTD          NELTRON            Usb connectors

Australia           BRAEMAC PTY LTD          NELTRON            Wire-to-board connectors

Poland               ELHURT SP ZOO                 Neltron                  Electronic components 

 

 

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


LOCAL BRANCHES & MANAGEMENT

 

Branch : NELTRON INDUSTRIAL CO LTD - TAIPEI CITY

Branch Address : 2Fl, 184 Cheng-Teh Rd Section 4

Branch Zip : 111

Branch Suburb : Shihlin Dist

Branch City : Taipei City

 

 

*Subsidiaries, Joint-ventures & Affiliates*

=================================

Maintains factory in China and sales office in Singapore.

 

OVERSEAS AGENTS AND DISTRIBUTORS 

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Adaptors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Cables

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Card edge connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Centronic cables

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : D-sub connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Dimm sockets

Brand : NELTRON

Year : 1992

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Dimm/simm socket connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Din connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Fpc connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Harnesses

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Ieee 1394 connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Modular jack

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Modular plugs

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Pga sockets

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Rf connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Scsi connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Sockets

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Usb connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Wire-to-board connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Pin headers

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Terminal blocks

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Centronics connectors

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Ic sockets

Brand : NELTRON

Year : 1992

 

Agent : BRAEMAC PTY LTD

Global Identifier : P0349024

Country of Origin : Australia

Product Description : Screws

Brand : NELTRON

Year : 1992

 

Agent : ELHURT SP ZOO

Global Identifier : P0775005

Country of Origin : Poland

Product Description : Electronic components

Brand : Neltron

Year : 2002

 

Agent : ELHURT SP ZOO

Global Identifier : P0775005

Country of Origin : Poland

Product Description : Electronic components

Brand : Neltron

Year : 2002

 

 

 

 

Rounded Rectangle: PAYMENT HISTORY 

 

 


PAYMENT RATING       :3                OBTAINED SCORES          : 60

Rating Key

Implication

Implications

1

Scores 85–100

Excellent

2

Scores 75 – 84

Above Average

3

Scores 50 – 74

Average

4

Scores 35 – 49

Fair

5

Scores 15 – 34

Below Average

6

Scores 01 – 14

Poor

NR

No Data

No Data

 

The rating indicates the payment pattern of SC based upon our Payment Database, comments from suppliers of SC, information from banks (if available), as well as industrial sources.

 

Dealings on open terms may be possible for MODERATE amounts depending on individual judgement experience.

 

 

 

Rounded Rectangle: FINANCIAL HIGHLIGHTS 

 

 


*Financial History*

===============

1996 -  Japan market share and turn over grown up.

 

*Int´l Trade Activity  (Currency: U.S. $'s)

==============================

Year     Imports             Exports             Total

2003     $600,000.00      $800,000.00      $1,400,000.00

2004     $1,500,000.00    $1,000,000.00    $2,500,000.00

2005     $800,000.00      $2,000,000.00    $2,800,000.00

 

 

 

 

Rounded Rectangle: REMARKS 

 

 


Over the past 17 years, SC has made a stable growth with satisfactory profit. It is considered a credit line up to USD 50,000 would appear to be within SC’s capacities.

 

 

 

Attached: trade references

 

SIC PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Code                Product/Service Description

Trading              3357                 Nonferrous metal wire and cable, drawn and insulated

Trading              3577                 Computer peripheral equipment, nspf, and parts, nspf

Trading              3600                 Electronic & Electric Equip.

Trading              3672                 Printed circuit boards

Trading              3678                 Connectors, for electronic applications

Trading              3679                 Electronic components, nspf

Trading              3694                 Electrical equipment for internal combustion engines

Trading              5063                 Electrical Equip/Wiring

Trading              5065                 Electronic Parts/Equip, NEC

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Code                Product/Service Description

Trading              7318158040       Socket screws of iron or steel nesoi, having shanks or threads with

                                                adiameter of 6 mm or more

Trading              8204200000       Socket wrenches with or without handles, drives and extensions, parts, base metal

Trading              8431100090       Parts of winches, capstans and jacks

Trading              8471                 Automatic data process machines; magn reader, etc. computer hardware

Trading              8473                 Parts etc for typewriters & other office machines computer accessories

Trading              8479896000       Electromechanical appliances with self-contained electric motors, not

                                                specified or included elsewhere in chapter 84

Trading              8532                 Electric capacitors, fixed, variable or adjustable (preset)

Trading              8535900040       Electrical connectors for a voltage exceeding 1,000 v

Trading              8535908060       Electrical switching & circuit protection apparatus and connectors, for a

                                                voltage exceeding 1000 volts

Trading              8536                 Electrical apparatus for switching etc, n/ov 1000v

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Product/Service Description

Trading              Centronics connectors 

Trading              Computer connectors 

Trading              Computer parts 

Trading              Computer peripherals 

Trading              Computer products 

Trading              Computers 

Trading              Connectors, board to board 

Trading              D-sub connectors 

Trading              DIMM/SIMM socket connectors 

Trading              Electrical components

 

INTERNATIONAL TRADE : ACTIVITY & MARKETS

Exporting to Argentina

Exporting to Asia

Exporting to Australia

Exporting to Europe

Exporting to Germany

Exporting to Hong Kong

Exporting to Indonesia

Exporting to Ireland

Exporting to Israel

Exporting to Italy

Exporting to Japan

Exporting to Jordan

Exporting to Mexico

Exporting to Middle East

Exporting to New Zealand

Exporting to Oceania

Exporting to Philippines

Exporting to Poland

Exporting to Singapore

Exporting to Slovenia

Exporting to South Africa

Exporting to South Korea

Exporting to Switzerland

Exporting to Turkey

Exporting to USA

Exporting to United Kingdom

Importing from Asia

Importing from Australia

Importing from China

Importing from Europe

Importing from Japan

Importing from Switzerland


 

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

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

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

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions