MIRA
INFORM REPORT
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Report Date : |
10.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
OPNETI COMMUNICATIONS CO |
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Registered Office : |
Rm 904 Loon Kee Bldg, 267-275 Des Veoux Rd |
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Country : |
Hong Kong |
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Date of Incorporation : |
January 21, 2003 |
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Com. Reg. No.: |
33299492 |
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Legal Form : |
Sole-Proprietorship |
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Line of Business : |
Import of fiber-optic components, modules and sub-systems. Sales and distribution of imported products to local and overseas
markets. |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Maximum Credit Limit : |
Up To USD 5,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
OPNETI COMMUNICATIONS CO
RM 904 LOON KEE BLDG
267-275 DES VEOUX RD, HONG KONG
TEL: 852-22489504
FAX: 852-28516483
EXECUTIVE SUMMARY
INCORPORATION DATE :
JANUARY 21, 2003
REGISTRATION NO. :
33299492
LEGAL FORM :
SOLE-PROPRIETORSHIP
CHIEF EXECUTIVE :
MS. LIN ZHU (CHAIRMAN)
STAFF STRENGTH :
10
CAPITAL :
N/A
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
FAIR
RECOMM. CREDIT RANGE : UP TO
USD 5,000
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.79686 = US$1
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
HKD –Hong Kong Dollars
*Trading Names*
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Although the company is legally registered by the name listed above, it
is commonly known as OPNETI under which it operates locally.
*Office & Facilities*
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Other email address: julia@opneti.com
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
www.opneti.com The design is
professional and the content is well organized. At present it is in English
version.
E-mail: sales@opneti.com
For the past two years there is no record of litigation.
Based on corporate filing regulations for this type of entity in Hong
Kong, there is either, no requirement for Shareholders or no requirement for
public disclosure of Shareholders.
*Key Personnel*
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Lin Zhu
Founder : Sole Founder
National ID number : ZZ5171805
Date of appointment : 21
January, 2003
Responsibility :
Handles the overall management of the firm.
*Main Products & Services*
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Specializes in the following areas of work:
1. Import of fiber-optic components, modules and sub-systems.
2. Sales and distribution of imported products to local and overseas
markets.
Other detailed products include:
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Polarization Insensitive Isolator
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Features Applications
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High isolation
Fiber optic amplifiers
Low insertion loss
CATV fiber optic links
High return loss
Fiber optic systems testing
Low PDL
Fiber optic LAN systems
Optical path epoxy free
Telecommunications
- Polarization maintaining fiber components
- Manual Variable Optical Attenuator
- Electrically Variable Optical Attenuator
- Collimator type Variable Optical Attenuator
Products: Adapters
Business centers
CWDM transceiver
Carbon fiber float
tips
Circulators
*Payment Terms*
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Sales
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Local : Cash or credit
Export : Letter of Credit (L/C)
Telegraphic Transfer
(T/T)
Purchases
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Import : Letter of Credit (L/C)
Telegraphic Transfer
(T/T)
*Quality Certification*
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Type of certification: ISO 9001:2000
*Local Distribution Network*
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Part of the annual turnover is attributed to local sales.
*Export Markets*
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Part of the annual turnover is attributed to export.
*(Subsidiaries, Joint-ventures & Affiliates)
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Company Name: OPNETI COMMUNICATIONS CO
Address: 3Fl East South Block Hi-tech Industry Park Nanshan Dist
Shenzhen 518052 Guangdong China
Country: China
Relationship: Affiliate
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Electronic Products & Components
PAYMENT RATING : 4 OBTAINED SCORES : 47
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Implication |
Implications |
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1 |
Scores 85–100 |
Excellent |
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2 |
Scores 75 – 84 |
Above Average |
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3 |
Scores 50 – 74 |
Average |
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4 |
Scores 35 – 49 |
Fair |
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5 |
Scores 15 – 34 |
Below Average |
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6 |
Scores 01 – 14 |
Poor |
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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 SMALL amounts depending
on individual judgement experience.
As a sole proprietorship there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
*Bank Details*
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Bank name : BANK OF CHINA (HONG KONG) LTD
Branch : Hong Kong
Swift code : BKCHHKHH
SC is considered small-sized in its line with a short history. Taking
into consideration of SC’s general performance, a credit line up to USD 5,000
appears to be within SC’s capacities.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 8900 Services,
NEC
Service 9300 Finance,
Taxation, & Monetary
Trading 3613 Switchgear and switchboard
apparatus, and parts,
Trading 3678 Connectors, for electronic
applications
Trading 3679 Electronic components,
Trading 3699 Electrical equipment and
supplies, and parts,
Trading 3827 Optical
instruments, and parts,
Trading 5064 Electrical
Appliances
Trading 5065 Electronic
Parts/Equip, NEC
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 9900 Business
services, health, financial/insur. legal/real estate, hotels, and misc
repairs
Service 9977 Forfating,
factoring & other int'l finance services
Trading 8471801000 Control
or adapter units for automatic data processing machines
Trading 8536 Electrical
apparatus for switching etc, n/ov 1000v
Trading 8536500060 Switches,
for a voltage not exceeding 1,000 v
Trading 8536690040 Electrical
connectors, printed circuit type
Trading 8537103000 Electrical
apparatus equipment assembled with outer housing or supports, for the
goods
of heading 8421, 8422, 8450 or 8516
Trading 8541408000 Optical
coupled isolators
Trading 8543809080 Electrical
machines and apparatus
Trading 9001901000 Lenses,
prisms, and mirrors, unmounted
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Trader Carbon fiber
float tips
Trader Circulators
Trader Coarse WDMs
(CWDMs)
Trader Collimators
Trader Configurable
OADM modules
Trader Connectors
Trader Couplers
Trader DWDMs
Trader Fiber fused
coupler
Trader Fiber optic
components
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Exporting to Asia
Importing from Asia
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)