MIRA
INFORM REPORT
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Report Date : |
25.04.2008 |
IDENTIFICATION
DETAILS
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Correct Name : |
ATMA CHAMP ENTERPRISE CORP |
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Registered Office : |
Wuku Industrial Park 65 Wu Chuan 7th Rd Wuku Hsiang Taipei Hsien 248 |
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Country : |
Taiwan |
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Date of Incorporation : |
26.08. 1988 |
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Com. Reg. No.: |
22998485 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Research and Development of PCB screen printers and other related
electronic components. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
ATMA CHAMP
ENTERPRISE CORP
WUKU INDUSTRIAL PARK 65 WU CHUAN
7TH RD WUKU HSIANG TAIPEI HSIEN 248, TAIWAN
TEL: 886-2-22991293 FAX:
886-2-22991291
EXECUTIVE SUMMARY
INCORPORATION DATE :
AUGUST 26, 1988
REGISTRATION NO. :
22998485
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MR. TUNG-CHING CHEN (CHAIRMAN)
STAFF STRENGTH :
25
CAPITAL :
US$ 1,990,050
BUSINESS LINE :
MANUFACTURER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
TWD 30.30864 = US$1
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
TWD –Taiwan New Dollars
NOTE:
---------
UNION BUSINESS INTL TRADING CO LTD is legally registered in British
Virgin Islands and not in Taiwan.
*Company History*
===============
1981 -
Launched its two-post type pneumatic screen printer.
1983 -
Established cooperation with Singapore and Indonesia agents
- Started to construct its international sales and service channel
1988 -
Set up agencies for Germany and Netherlands, Thailand, Hong Kong and Malaysia
1989 -
Set up agencies in USA, Japan and Korea
1990 -
Began to market larger pneumatic models
1991 -
Total sales of machines reached up to 10,000 sets
1993 -
Set up its Shanghai branch office
- Began to market clam-shell type mechanical screen printers
1994 -
Set up agency for Great Britain
1995 -
Began to market four-post type screen printers
- Set up 5 more agencies in Spain, Norway, Finland, Italy and Sweden
- Moved its manufacturing department
1996 -
Jumbo four-post screen printers were marketed
- Total sales reached 16,000 sets
- Set up an agency for France
1997 - Introduced ISO 14000 environmental
management system.
- Assessed emulation plant for medium and small industries
1999 -
Marketed the all new P-series.
- Purchased plant 3
- Total sales reached 18,000 sets
2000 -
Developed fully automatic visual registering models
- Total sales reached 20,000 sets
*Capital Details*
=============
Initial registered capital : NTD 35,000,000.00
Capital increase :
NTD 60,000,000.00
Date increase :
N/A
*Licenses & Permits*
================
(1)
License number : 99601583
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(2)
License number : 99601590
Date issued : 27
February 1991
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
*Office & Facilities*
===============
License number : 99601590
Building size : 9605sq
meters (Approx)
Location : Wuku
Hsiang
Property status : Owned by ATMA
CHAMP ENTERPRISE CORP
Facilities : Modern
Type of building : Industrial building
Comments : - Serves as
office, factory and warehouse
- Premises is shared with its affiliate companies :
- TUNG YUAN PRECI-TECH INDUSTRIAL CORP
- ATMA INT'L CORP
*Factories, Size & Locations*
=====================
License number : 99601583
Building size : 461sq
meters (Approx)
Location : Taipei
Hsien
Property status : Rented
Facilities :
Modern
Type of building : Industrial
Building
*Corporate & Organization Structure*
============================
A small-medium sized specialized company operated and managed by the
owner and a professional management team.
Organizational Chart
---------------------------
Board of Directors
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General Manager
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Executive |
General Manager Office
General Manager |
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|------------------------------------------------|-----------------------------------------------------|
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R&D
Production Marketing Management
Division Division Division
Division
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|---------|-------| |--------------------------------------| |---------------------| |---------------------------|
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Product | Quality
Production Mfg |
Assembly | China
Domestic | Finance Management
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Planning | Assurance
Man Sec. Sec. |
Section | Market
Sales | Dept. Dept.
General
| | | Dept Dept.
Int'l Sales Affair
Dev't Elec Control Material Dept. Dept
Dept Section Man Sec.
*Awards*
========
Received the following awards:
(1)
Award : Good
performance for 10 years
Awarded by : Import and Export
Association of Taipei County
Year : 1992- 2001
(2)
Award : 4th Golden
Dragon Award
Year : 1993
(3)
Award : Silver
National Award of Excellence (on LCD printer)
Year : 1996
(4)
Award : National
Innovation Research Award (on ATMACE 67/G)
Year : 1997
(5)
Award : National
Little Giant Award
Year : 2000
(6)
Award : Symbol of
Excellence (on 20 more models)
Year : 1993-2003
(7)
Award : First Award of
The National Innovation
Year : 2003
(8)
Award : 12th National
Award of Small and Medium Enterprise
Year : 2003
Details : Regarded by
all small and medium enterprises as a great glory
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
Web
site: www.atma.com.tw
the design is professional and the content is well organized. At present it is
in both Chinese and English versions.
E-mail: atma@atma.com.tw
For the past two years there is no record of litigation.
*Major Shareholder*
===============
Total number of shareholders: 4
Total number of shares: 4,980,667
Shareholders Country
Number Amount %
------------------ ----------- -------------- ----------- ------
Mr. Tung-ching Chen Taiwan 2,819,000.00 n/a 56.60
Ms. Mei-jui Wu Taiwan 2,121,334.00 n/a 42.59
Mr. Pin-sheng Chen Taiwan 23,333.00 n/a 0.47
Mr. Chin-hsiung Wu Taiwan 17,000.00 n/a 0.34
Management: Mr. Pin-sheng Chen,
Manager
Mr. Tung-ching Chen, General Manager
Name Nationality
Job Description Dept. / Division
Mr. Pin-sheng Chen Taiwanese Manager Sales
Mr. Tung-ching Chen Taiwanese General Manager -
*Main Products & Services*
======================
Specializes in the following areas of work:
1. Research and Development of PCB screen printers and other related
electronic components.
2. Importing of raw materials/components for in-house OEM production
3. Manufacturing a wide range of screen printing equipment for the
screen-printing and graphic-imaging industries.
4. Exports and domestic sales of its finished products.
Sold and installed around 24,000 machines worldwide.
Products: Aluminium profile
Auxiliary
equipment
Flat screen
printing machine
Flatbed screen
printers
Machine
centres
*Brand*
======
ATMA
*Payment Terms*
=============
Sales
-------
Local : 30-90 days credit
Cash
Export : Letter of Credit (L/C)
Document against
Acceptance (D/A)
Telegraphic
Transfer (T/T)
Purchases
-------------
Local : 30-90 days credit
Import : Letter of Credit (L/C)
Document against
Acceptance (D/A)
Telegraphic Transfer (T/T)
Open account /DA
terms with settlement using Telegraphic Transfer (T/T)
*Machinery & Equipment*
====================
Machinery/ Equipment include:
- CNC drilling and tapping machines
- Fully automatic CNC two-spindle lathes
- CNC machine centers
- Milling machines
- Lathes
- Drilling machines
- Auto cutting machines
- Tapping machines
- Jumbo standard platforms
- Surface treatment facilities
- Automatic storage
*Quality Certification*
=================
Obtained the following certifications:
(1)
Type of certification : ISO9001 & ISO14001
Year of certification :
1997-2003
(2)
Type of certification : CE
Year of certification : 2000
Other details :
Officially certified on full lines of Four-post screen printers.
*Mergers & Acquisitions*
===================
Type :
Merger
Parties involved : TUNG YUAN
PRECI-TECH INDUSTRIAL CORP
Date of transaction : October 2001
Details :
The company which is the surviving entity merged with TUNG YUAN PRECI-TECH
INDUSTRIAL CORP.
*Long & Short-term Investment*
========================
Type of investment : Production machines
Amount : NTD
200 million
*Exhibition Participation*
===================
Participated in the following exhibitions:
(1)
Exhibition fair : The 13th
international Opto
Dates attended : 9-12 June, 2004
Location : Taipei
(2)
Exhibition fair : Tigax
Scheduled dates : 1-4 October, 2004
Location : Taipei
(3)
Exhibition fair : TPCA
Scheduled dates : 29 October- 1 November, 2004
Location : Taipei
*Associations*
============
Member of the following associations:
- Screen printing & Graphic
Imaging Association International
- Taiwan Printed Circuit Association
- Taiwan Engineering & Electronic Membership Association
- Import & Export Association of Taipei County
- Directory of Wu Ku Industrial Park
*Competitors*
===========
The following locally based companies supply similar range of products:
- FUFONG PRINTING TECHNOLOGY CO LTD
- HWANG JYUE ENTERPRISE CO LTD
- MING TAI SCREEN PRINTING MACHINE CO LTD
- CHEING SHUENG CO LTD
- D-YING ELECTRONIC INC
*Patents*
========
1980-2003 - Maintains over 50 patents on hold in Taiwan, nearly 10
patents in Europe, United States, Japan and Korea, over 10 patents in China.
*Domestic Customers*
================
Major local customers include:
- ASUS
- CHIN POON
- CORE TRONIC
- ICHIA
- PICVUE
- PWC
- TAIWAN GLASS
- TAIYO YUDEN
- YETI
*Local Distribution Network*
=====================
An estimated 40% of the annual turnover is attributed to local sales.
*Export Markets*
=============
An estimated 60% of the annual turnover is attributed to export to more
than 50 nations.
*Overseas Customers*
=================
Overseas customers include:
- 3M
- AT&S
- BAKELITE
- BELGIUM NATIONAL BANK
- CMK
- COMPAQ
- DELL
- ERICSSON
- HP
- IBM
- IGT
- ISRAELI DEPARTMENT OF DEFENSE
- ITT
- LEGO
- MOTOROLA
- NEC
- NOKIA
- PHILIPS
- PILLKINGTON
- ROTRING
- SAMSUNG
- SHARP
- SIEMENS
- SONY
- SUMITOMO
- TOSHIBA
*International Exhibition Participation*
==============================
Date
Exhibition Location
------
-------------- -------------
10-12 March, 2004 CPCA'04 Shanghai
2-4 June, 2004 JPCA'04 Tokyo
9-12 June, 2004 The 13th international
Opto Taiwan Taipei TBA
19-21 August, 2004 Image World '04 Mexico
1-4 October, 2004 Tigax '04 Taipei
7-10 October, 2004 SGIA'04 Mineapolis/USA
29 October -1 November, 2004
TPCA'04 Taipei
10-12 December, 2004 HKPCA'04 Guangzhou
*LOCAL BRANCHES & MANAGEMENT*
================================
Branch : ATMA CHAMP ENTERPRISE CORP
Branch Address : 129 Wu Kung Rd Wuku Hsiang, Taipei Hsien 248
Branch Tel : [+886] 2-22993068
Branch Fax : [+886] 2-22993067
Branch Employees : 13
*(Subsidiaries, Joint-ventures & Affiliates)
=============================
Company Name : ATMA CHAMP (DONGGUAN) CO LTD
Address : 569 Huang-jiang Blvd Huang Jiang Guangdong China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : ATMA CHAMP (KUNSHAN) CO LTD
Address : Kunshan Economic & Technical Development Zone 10 South Rd
Jinshajiang Kunshan 215300 Jiangsu China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Machinery
Company Name : ATMA INT'L CORP
Address : Wuku Industrial Park 65 Wu Chuan 7th Rd Wuku Hsiang 248 Taipei
Hsien Taiwan
Country : Taiwan
Relationship : Affiliate
Legal Form : Unknown
Company Type : Trader
Industry : Machinery
Company Name : ATMA USA INC
Address : Suite E, 6752 Preston Ave Livermore 94551 California USA
Country : USA
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Machinery
Company Name : TUNG YUAN PRECI-TECH INDUSTRIAL CORP
Address : Wuku Industrial Park 65 Wu Chuan 7th Rd Wuku Hsiang 248 Taipei
Hsien Taiwan
Country : Taiwan
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Machinery
Company Name : UNION BUSINESS INT'L TRADING CO LTD
Country : Virgin Islands (British)
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Machinery
*Subsidiaries, Joint-ventures & Affiliates*
===============================
Maintains the following:
- Factory in China with a site area of 13,340 sq. meters
- Distribution networks in 40 countries
PAYMENT RATING : 3 OBTAINED SCORES :
65
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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
MODERATE amounts depending on individual judgement experience.
As a private limited company with a paid-up capital of less than USD 6
million, there is no legal requirement according to local corporate law for
public disclosure of detailed financials.
Although financial summaries were obtained for reference.
*BANK DETAILS*
===============
Bank Name :
COSMOS BANK TAIWAN
Branch :
Ta-an Dist,Taipei City
Branch Address : Prince
Tower 39 Tun Hua South Rd Section 2
SWIFT Code :
CSMBTWTP
Bank Name : MEGA
INT'L COMMERCIAL BANK CO LTD
Branch Chungcheng Dist,Taipei City
Branch Address : 123
Jhongsiao E Rd Section 2
SWIFT Code :
ICBCTWTP
*Financial Summary (Currency: U.S. $'s)
==============================
Year Sales Net
Income
2006 $22,551,390.57 $937,122.13
Int´l Trade Activity (Currency: U.S. $'s)
==============================
Year Imports Exports Total
2001 $158,000.00 $3,458,000.00 $3,616,000.00
2002 $158,200.00 $6,785,000.00 $6,943,200.00
2003 $645,000.00 $5,246,000.00 $5,891,000.00
2004 $590,000.00 $6,100,000.00 $6,690,000.00
2005 $830,000.00 $8,900,000.00 $9,730,000.00
2006 $1,250,000.00 $11,000,000.00 $12,250,000.00
SC is considered small-sized in its line with a long history.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 3555 Printing
trades machines and equipment, and parts and accessories,
Importing 3353 Aluminum
sheet, plate, and foil, rolled or drawn
Importing 3491 Industrial
Valves
Manufacturing 3500 Industrial
Machinery & Equipment
Manufacturing 3555 Printing
trades machines and equipment, and parts and accessories,
Service 1796 Install/Erect
Bldg Equip, NEC
Service 7600 Miscellaneous
Repair Services
Trading 3500 Industrial Machinery & Equipment
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 8443 Printing
machinery; machines ancil to printing, parts
Exporting 8443505000 Printing machinery
Exporting 8443595000 Printing machinery, other than ink jet and other than those of
heading 8471
Exporting 8443600000 Machines for uses ancillary to printing
Exporting 8443905000 Parts of printing machinery, except textile, and machines for
uses ancillary to printing
Importing 7604101000 Aluminum profiles not alloyed
Importing 8457100045 Machining centers, without automatic tool changers
Importing 8459610040 Milling machines, except knee type, metal removing, numerically
controlled, used or rebuilt
Importing 8481801010 Hand operated taps, cocks, valves and similar appliances of
copper, having a pressure rating under 850 kpa (123 lbs pressure)
Manufacturing 8443 Printing
machinery; machines ancil to printing, parts
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Importer Valves
Importer Milling
machines
Importer Aluminium
profile
Importer Machine
centres
Manufacturer Pcb screen
printers
Manufacturer Flatbed screen
printers
Manufacturer Screen
printers
Manufacturer Screen printing
machines
Manufacturer Wet film screen
printers
Manufacturer Auxiliary
equipment
INTERNATIONAL
TRADE : ACTIVITY & MARKETS
Exporting to Africa
Exporting to Asia
Exporting to Australia
Exporting to Bahrain
Exporting to Belgium
Exporting to Brazil
Exporting to Bulgaria
Exporting to Canada
Exporting to China
Exporting to Colombia
Exporting to Denmark
Exporting to Ecuador
Exporting to Egypt
Exporting to Europe
Exporting to Finland
Exporting to France
Exporting to Germany
Exporting to Guatemala
Exporting to Honduras
Exporting to Hong Kong
Exporting to Hungary
Exporting to India
Exporting to Indonesia
Exporting to Iran
Exporting to Israel
Exporting to Italy
Exporting to Japan
Exporting to Jordan
Exporting to Kenya
Exporting to Kuwait
Exporting to Latvia
Exporting to Lithuania
Exporting to Malaysia
Exporting to Mexico
Exporting to Middle East
Exporting to Netherlands
Exporting to New Zealand
Exporting to North America
Exporting to Norway
Exporting to Oceania
Exporting to Pakistan
Exporting to Papua New Guinea
Exporting to Philippines
Exporting to Poland
Exporting to Singapore
Exporting to Slovenia
Exporting to South Africa
Exporting to South Korea
Exporting to Spain
Exporting to Sri Lanka
Exporting to Sweden
Exporting to Thailand
Exporting to Turkey
Exporting to UAE
Exporting to USA
Exporting to United Kingdom
Exporting to Vietnam
Importing from Asia
Importing from China
Importing from Europe
Importing from Germany
Importing from Japan
Importing from North America
Importing from South Korea
Importing from USA
RATING
EXPLANATIONS
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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 |
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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 |
|
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%)