MIRA
INFORM REPORT
|
Report Date : |
01.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
I SHENG ELECTRIC WIRE & CABLE CO LTD |
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Registered Office : |
50 Ting Hu Rd Takang Village Kueishan
Hsiang Taoyuan Hsien 333 |
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Country : |
Taiwan |
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Financials (as on) : |
31.03.2008 |
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Date of Incorporation : |
25.11.1986 |
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Com. Reg. No.: |
22304288 |
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Legal Form : |
Public Listed Company |
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Line of Business : |
Research and Development of Power Connectors and Power Transmission Lines Components Export and Domestic Sales of its Finished Products. Importing of Raw Materials / Components for in-house OEM production. |
RATING &
COMMENTS
|
MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
USD 3,000,000 |
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Status : |
Very Good |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
I
SHENG ELECTRIC WIRE & CABLE CO LTD
50 TING HU RD TAKANG VILLAGE KUEISHAN
HSIANG TAOYUAN HSIEN 333, TAIWAN
TEL: 886-3-3282391 FAX: 886-3-3284228
EXECUTIVE SUMMARY
INCORPORATION DATE :
NOVEMBER 25, 1986
REGISTRATION NO. :
22304288
LEGAL FORM :
PUBLIC LISTED COMPANY
CHIEF EXECUTIVE :
MR. TONY TZU-CHEN HUANG (CHAIRMAN)
STAFF STRENGTH :
127
CAPITAL :
US$ 62,111,801
BUSINESS LINE :
MANUFACTURER
TURNOVER :
NTD 4,446,544,000 (AS OF SEP. 30, 2008)
EQUITIES :
NTD 3,093,725,000 (AS OF SEP. 30, 2008)
PAYMENT :
ABOVE AVERAGE
RECOMM. CREDIT RANGE : UP TO
USD 3,000,000
MARKET CONDITION :
COMPETITIVE
FINANCIAL CONDITION :
STABLE
OPERATIONAL TREND : STEADY
GENERAL REPUTATION :
FAIRLY GOOD
EXCHANGE RATE :
TWD 33.36670 = 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
*Company Name*
==============
Previous name : YEAR SWEEP
INDUSTRIAL CO LTD
Changed name to : I SHENG ELECTRIC WIRE & CABLE CO LTD
Year of change : 1998
*Company History*
===============
1986 -
Established in Taiwan by both Mr. T. C. Huang and Mr. Alan Fang.
2001 -
Became a public company in Taiwan.
*Licenses & Permits*
================
(1)
License number : 9962879100
Date issued : 23 April
1990
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(2)
License number : 9962879201
Date issued : 12 October
1982
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
*Capital Details*
=============
Initial registered capital : NTD
198,000,000.00
Capital increase :
NTD 1,160,000,000 .00
Initial paid-up capital :
NTD 40,000,000.00
Paid-up capital increases as follows:
Year
Increase (NTD)
------
--------------------
1996
120,000,000.00
1998 198,000,000.00
1999
257,400,000.00
2001
457,000,000.00
2002
553,000,000.00
2004
658,831,600.00
- 1,407,027,720.00
-
1,409,180,670.00
*Office & Facilities*
================
Size : 1,800
sq. feet
Building size : 7553 sq.
feet (Approx)
Location : Taoyuan
Hsien
Facilities : Modern
Property status : Owned by I
SHENG ELECTRIC WIRE & CABLE CO LTD
Type of building : Industrial
building
Comment : Serves as
office, warehouse and factory.
Other Contact Details
-----------------------------
Fax no : 3-3284228
E-mail address : isheng1@ms12.hinet.net
*Factories, Size & Locations*
=======================
The firm maintains manufacturing premises as listed below:
(1)
Building size : 28,800 sq.
feet
Location : Taoyuan Hsien
(2)
Building size : 3582 sq.
feet (Approx)
Location : Kueishan
Hsiang
Facilities : Modern
Property status : Owned by I
SHENG ELECTRIC WIRE & CABLE CO LTD
Type of building : Industrial building
*Corporate & Organization Structure*
=============================
Organizational Chart
---------------------------
Board of Shareholder
|
Board of Directors
|
Chairman
|
General
Manager
_____________| | |_____________
| | |
Auditing
Office | President Office
|
Power Supply Cords
Division----------|----------R&D Department
|
Power Cable
Division----------|----------Sales Department
|
Lan Cable
Division----------|----------Financial Department
|
Fiber Optics Cords
Division----------|----------Quality Control Department
|
|----------Administration
Department
Organization and management of the company is divided into 3 divisions :
Division Main Activity
-------------
---------------------
1. Manufacturing - Producing wires, cables and cable
connectors.
2. Sales - Dealing with the
local and overseas market development.
3. Export - Dealing with orders
and shipments to overseas clients.
- All
exports are handled by ISEWC's export division.
*Industry Ranking*
===============
- Generally regarded as one of the Top 1000 Companies in manufacturing
industry of Taiwan.
Details of Rank are as follows :
Year Rank
------ ------
1999 807
2000 839
2001 746
2002 755
- Generally regarded as one of the Top 5000 Companies in manufacturing
industry of Taiwan.
Details of Rank are as follows :
Year Rank
------ ------
2005 995
2006 759
2007 658
*Sales Ranking*
=============
Details of Rank are as follows :
Year Rank
------ -------
1998 808
2002 673
2003 663
2004 604
2007 351
*Registrar*
=========
SINOPAC SECURITIES CORP
Stock market code : 6115
www.isheng.com.tw
The design is professional and the content is well organized. At present it is
in both Chinese and English versions.
E-mail: sales@isheng.com.tw
For the past two years there is no record of litigation.
*Major Shareholders*
===============
Total number of shareholders: 8
Total number of shares: N/A
Shareholders Country Number Amount %
Mr. Yu-chi Wu Taiwan n/a n/a n/a
Mr. Alian Yi-hsiung Fang Taiwan 8,495,770.00 n/a n/a
Mr. Tony Tzu-chen Huang Taiwan 8,371,257.00 n/a n/a
Mr. Chueh-sheng Yeh Taiwan 1,558,711.00 n/a n/a
Mr. Yu-yi Chou Taiwan 347,536.00 n/a n/a
Mr. Chin-ming Huang Taiwan 261,767.00 n/a
n/a
Mr. Chin-hsiung Wang Taiwan 12,763.00 n/a
n/a
Mr. Hsin-tai Tsao Taiwan 4,251.00 n/a n/a
Management: Ms. Shu-ying Yeh,
Manager
Mr. Cheng-chung Wu, Manager
Mr. Chih-chen Liu, Manager
Name Nationality
Job Description Dept. / Division
Ms. Shu-ying Yeh Taiwanese
Manager Audit
Mr. Cheng-chung Wu Taiwanese
Manager Factory
Mr. Chih-chen Liu Taiwanese
Manager Factory
Mr. Shih-jung Kao Taiwanese
Manager Finance
Mr. Pope Tzu-ping Huang Taiwanese
Manager Marketing
Mr. Chin-liou Yang Taiwanese
Manager Quality Control
Mr. Jen-hsiu Lai Taiwanese
Director R&D
Mr. Chin-yu Huang Taiwanese
Manager Sales
Ms. Hui-chun Lee Taiwanese
Auditor -
Mr. Alian Yi-hsiung Fang Taiwanese
General Manager -
Ms. Wen-lien Ting Taiwanese
Supervisor -
*COMPANY DIRECTORS*
======================
1
Name : Mr. Tony Tzu-chen Huang
Nationality : Taiwanese
*Main Products & Services*
=====================
Specializing in three main areas of work :
1. Research and development of power connectors and power transmission
lines components.
2. Importing of raw materials / components for in-house OEM production.
3. Manufacturing a wide range of molded plugs, connectors, flexible
cords, LAN cables and other related electronic components.
4. Export and domestic sales of its finished products.
Products also include:
- UTP cable (solid) Cat. 5
- UTP cable (patch) Cat. 5
- IEEE 1394 cable
- Universal Series Bus (USB)
- FTP cable (solid) Cat. 5
- FTP cable (patch) Cat. 5
- SFTP cable (solid) Cat. 5
- STTP cable (solid) Cat. 5
- UTP cable Cat. 5+
- UTP cable Cat. 6
Products: AC power cords
AC power
supplies
Cables
Computer cable
connectors
Computer
cables
*Brand*
======
I-SHENG
ISEWC
*Payment Terms*
=============
Sales
------
Local : 30-60 days credit
Export : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
Purchases
--------------
Local : 30-60 days credit
Import : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
*Quality Certification*
==================
(1)
ISEWC products received quality approval recognition from:
(1) United Laboratory
(UL) of the U.S.
(2) Canada Standard
Approval (CSA) of Canada
(2)
Type of certification : ISO 9002
Issuing authority : ASA
Approved number : 12075
(3)
Type of certification : ISO 9002
Details
: This certification are given to its two factories located in Shenzhen
and Kunshan, China
(4)
Type of certification : ISO
14001
Issuing authority : UL
Others:
- TAIWAN ISO 9001
- SONGGANG ISO 9001
- KUNSHAN ISO 9001
- TAIWAN ISO 9001
- IECQ ISO 9001
- SONGGANG ISO 14001
*Production Capacity*
==================
(1)
Item : Connectors
Maximum capacity : 115,200,000 pcs
Current capacity : 99,548,000 pcs
(2)
Item :
Transmission line
Maximum capacity : 103,200,000 pcs
Current capacity : 86,250,000
pcs
(3)
Item : Network cables
Maximum capacity : 59,194,000 pcs
Current capacity : 57,600,000
pcs
(4)
Item :
Power cord connector
Maximum capacity : 200,000 (NTD 1000/Amounts)
Current capacity : 190,015
(NTD 1000/Amounts)
Year :
2007
(5)
Item :
Power transmission line
Maximum capacity : 120,000 (NTD 1000/Amounts)
Current capacity : 100,520
(NTD 1000/Amounts)
Year :
2007
(6)
Item : Internet Line
Maximum capacity : 170,000 (NTD 1000/Amounts)
Current capacity : 165,900
(NTD 1000/Amounts)
Year :
2007
*Exhibition Participation*
===================
Participated in the following local exhibitions:
(1)
Exhibition fair : Taipei
Int'l Electronics Show
Date attended : 8-12 October,
1999
Location : Taipei
World Trade Center - Exhibition Hall
(2)
Exhibition fair : Taipei
International Electronic Show
Date attended : 9-13 October,
2000
Location : Taipei World Trade Center - Exhibition Hall
(3)
Exhibition fair : TAITRONICS -
Components & Equipment Show
Date attended : 9-13 October,
2002
Location : Taipei
World Trade Center - Exhibition Hall
(4)
Exhibition fair : TAITRONICS - Finished Products Show
Date attended : 16-20 October, 2002
Location : Taipei World
Trade Center - Exhibition Hall
*Associations*
============
Member of the following associations :
- Importers & Exporters Association of Taiwan
- Taiwan Electronic Appliance Manufacturing Association
*Competitors*
===========
The following five (5) locally based companies supply similar range of
products/services:
- AASHEND TECHNOLOGY INC
- JEBSEE ELECTRONICS CO LTD
- LEAD TYPE PRECISION ELECTRONICS CO LTD
- CHANT SAINT TECHNOLOGY CORP
- TAIWAN FIRST LINE ELECTRONICS CORP
*Imports*
=========
Plug prongs are imported from Japan.
*Local Distribution Network*
=======================
An estimated 10% of the annual turnover is attributed to local sales.
*Export Markets*
=============
An estimated 90% of the annual turnover is attributed to export.
Plastic injection products are mostly for export to Europe and the US.
Export breakdown for computer cables:
Country Percentage
-----------
---------------
Asia
50
USA
40
Europe
10
*Overseas Customers*
=================
Major overseas customers include:
Company Name Country Product
--------------------- -------------
-------------
SONY CORP Japan PS2 power
cords
LG
South Korea
Wire and cables
CANON INC Japan Electric wire for printer
HEWLETT-PACKARD CO USA Electric wire for printer
*International Trade Ranking*
=======================
The firm has been ranked among Taiwan's Top Importers/Exporters based on
the standard measured by the
Board of Foreign Trade (BOFT)
Details of rank are as follows :
Year Rank
----- ------
2005 2319
2007 1674
*(Subsidiaries, Joint-ventures & Affiliates)
===============================
Company Name : DRAGONJET CORP
Address : Nantze Export Processing Zone (N.E.P.Z.) 30 Chin 5th Rd Nantzu
Dist Kaohsiung City 811 Taiwan
Country : Taiwan
Relationship : Joint-Venture
Legal Form : Public Company
Company Type : Manufacturer
Industry : Plastics & Products
Company Name : I-SHENG ELECTRIC WIRE & CABLE CO
Country : Vietnam
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electrical Equipment & Appliances
Company Name : I-SHENG ELECTRONICS (KUNSHAN) CO LTD
Address : Kunshan Economic & Technological Development Zone 85 Fu
Ming Rd Kunshan Dist Suzhou 215300 Jiangsu China
Country : China
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : KAOHSIUNG PRECISE INDUSTRIES CO LTD
Address : 8 Chenggin 4th Rd Zhongshan Guangdong China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electrical Equipment & Appliances
Company Name : MASTER LAKE INT'L LTD
Country : Virgin Islands (British)
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : MING HONG WIRE & CABLE (SHENZHEN) CO LTD
Address : Tang Xia Yong Rd Song Gang Town Baoan Dist Shenzhen 518105
Guangdong China
Country : China
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : SUPERNOVA ELECTRONIC (MALAYSIA) SDN BHD
Address : Mega Mendung Bandar Park 134-1 Off Jalan Klang Lama Kuala
Lumpur 58200 Malaysia
Country : Malaysia
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : WAYSBOTH CO LTD
Country : Hong Kong
Relationship : Affiliate
Legal Form : Private company with limited liability
Industry : N/A
Company Name : WAYSBOTH CO LTD
Country : Virgin Islands (British)
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : YEAR SWEEP LTD
Country : Samoa
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
*OVERSEAS AGENTS AND DISTRIBUTORS*
====================================
Agent : NYP TRINITY LTD
Country of Origin : Hong Kong
Product Description : Electric wires & cables
Brand : I-SHENG
Agent : ELECTRONIC CORD MFG CO
Country of Origin : USA
*Subsidiaries, Joint-ventures & Affiliates*
===============================
Maintains the following facilities:
US Office & Warehouse:
- Westfield, New York
- Eagan, Minnesota
US Warehouse
- Indianapolis, Indiana
- Memphis, Tennesse
- Houston, Texas
- Ontario, California
Mexico Office & Warehouse
- Guadalajara, Mexico
Mexico Warehouse
- Chihuahua, Mexico
Europe Warehouse
- Germany
- Hungary
Australia Warehouse
- Sydney, Australia
PAYMENT RATING : 2 OBTAINED SCORES :
80
|
Implication |
Implications |
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1 |
Scores 85–100 |
Excellent |
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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
FAIRLY LARGE amounts depending on individual judgement experience.
*BANK DETAILS*
================
Bank Name : BANK OF TAIWAN
Branch : Chungcheng Dist, Taipei City
Branch Address : 120 Chung Ching South Rd Section 1 Chungcheng Dist
Taipei City 100 (Head Office)
SWIFT Code : BKTWTWTP
Bank Name : TAIWAN BUSINESS BANK
Branch : Tatung Dist, Taipei City
Branch Address : International Department 3Fl, 30 Ta Cheng St Tatung
Dist Taipei City 103 (Head Office)
SWIFT Code : MBBTTWTP
Bank Name : E.SUN COMMERCIAL BANK LTD
Branch : Sungshan Dist, Taipei City
Branch Address : 115 Min Sheng East Rd Section 3 Sungshan Dist Taipei
City 105 (Head Office)
SWIFT Code : ESUNTWTP
*Long & Short Term Investment*
==========================
Type of investment : Factory located in Lin Kou, Taiwan.
Year of investment : 1985
Investment amount : NTD 20 million
*Financials*
==========
(1)
Balance Sheet
Currency : NTD
Denomination : In thousands
2006 2007
------
------
Current Assets 2,056,165 2,210,117
Funds & long-term investments 1,668,208 2,165,466
Property
243,291 240,394
Other Assets
10,742
8,502
Current Liabilities (Before) 807,119 1,128,015
(After) 1,114,183 --
Long-term Liabilities 608,364 489,830
Other Liabilities 51,574 51,863
Common stock
1,108,415 1,262,187
Capital Reserve 472,749 548,561
Retained Earnings (Before) 944,560 1,092,344
(After) 637,496 --
Total Assets
3,986,674 4,631,857
Total Liabilities (Before) 1,467,057 1,669,708
(After)
1,774,121
--
Total Shareholder's Equity (Before) 2,519,617 2,962,149
(After) 2,212,553 --
Income Statement
Currency : NTD
Denomination : In thousands
2006 2007
------ ------
Operating revenue
4,469,259 5,519,143
Gross Profit 486,941 554,814
Operating Income
342,054 395,772
Non-operating income 358,071 331,063
Non-operating expense
20,170 18,480
Net Income
584,955 584,755
Earnings (losses) per share (After) 4.92 4.70
(2)
Balance
Sheet
Currency : NTD
Denomination
: In thousands
31 March,
2008 30 June,
2008 30 September,
2008
-------------------- ------------------ ----------------------
Assets
Current
Assets 1,880,921 2,133,618 2,212,955
Funds
& long-term investments
2,110,338 2,341,168 2,504,331
Property
234,780
247,564
255,469
Other
Assets 6,874
6,870 6,110
Current
Liabilities (Before) 750,030 1,438,600 1,377,028
Long-term
Liabilities 488,796 485,132 465,746
Other
Liabilities
39,295
38,431 37,662
Common
stock 1,262,187 1,262,187 1,409,181
Capital
Reserve 548,561 548,561 553,331
Retained
Earnings (Before)
1,210,385 805,965 1,009,105
-------------------- ------------------ ----------------------
Total
Assets 4,240,291 4,736,598 4,986,243
-------------------- ------------------ ----------------------
Total
Liabilities (Before) 1,290,203 1,974,245 1,892,518
-------------------- ------------------ ----------------------
Total
Shareholder's Equity (Before)
2,950,088
2,762,353 3,093,725
Income
Statement
Currency : NTD
Denomination
: In thousands
31 March, 2008
30 June, 2008
30 September, 2008
-------------------- ------------------ ----------------------
Operating
revenue 1,313,991 2,761,910 4,446,544
Gross
Profit 163,355 302,000 436,106
Operating
Income 122,010 195,736 281,371
Non-operating
income
85,725
198,869 286,062
Non-operating
expense
72,794 96,224 14,412
Net
Income
118,041
266,381 469,521
Earnings
(losses) per share (After) 0.94 2.11
3.34
*Financial Ratios*
==============
2006 2007
------
------
Ratio of liabilities to Assets % 36.80 36.05
Ratio of long-term capital to fixed Assets % 1,285.70 1,435.97
Current ratio %
254.75 195.93
Quick ratio %
247.38 192.22
Interest coverage
39.38 40.15
Turnover of receivable (times) 3.31 3.23
Average collection period of receivable 110.00 113.00
Turnover of inventories (times) 74.90 102.16
Turnover of expense (times) 6.09 6.85
Average days of sales 5.00 4.00
Turnover of total assets (times) 1.12 1.19
Return on total assets % 14.67 12.62
Operating Income 30.86 31.36
Net Income before tax 61.34 56.12
Profit margin % 13.09 10.60
*Accountants*
============
DIWAN ERNST & YOUNG CORPORATE FINANCE INC
*Financial Summary (Currency: U.S. $'s)
==============================
Year Sales Assets Net Income
1998 $41,179,133.33 $30,143,633.33 $2,705,366.67
1999 $37,966,187.50 $32,171,031.25 $3,417,031.25
2000 $40,513,312.60 $35,024,323.48 $4,540,653.19
2001 $36,392,484.04 $38,938,334.30 $4,061,636.68
2002 $49,061,224.49 $59,685,886.75 $5,960,505.89
2003 $58,342,877.74 $67,640,455.59 $9,243,310.27
2004 $74,380,781.95 $78,029,293.23 $7,481,744.36
2005 $99,820,947.87 $100,705,750.39 $8,859,747.24
2006 $135,104,564.69 $120,516,142.68 $17,683,041.11
2007 $166,540,223.30 $139,766,354.86 $17,644,990.95
*Int´l Trade Activity (Currency: U.S. $'s)
===============================
Year Imports Exports Total
2001 $1,337,541.99 $12,225,565.99 $13,563,107.98
2002 $1,143,044.01 $12,865,988.01 $14,009,032.02
2003 $1,006,351.01 $10,275,529.99 $11,281,881.00
2004 n/a $59,500,751.88
$59,500,751.88
2005 $1,960,824.99 $12,609,184.01 $14,570,009.00
2006 $2,100,000.00 $18,000,000.00 $20,100,000.00
2007 $2,084,681.99 $21,577,181.99 $23,661,863.98
SC is considered large-sized in its line with a development history of
22 years. A credit line at the above amount appears to be within SC’s
capacities.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 3600 Electronic
& Electric Equip.
Exporting 3679 Electronic
components,
Importing 3357 Nonferrous
metal wire and cable, drawn and insulated
Manufacturing 3357 Nonferrous
metal wire and cable, drawn and insulated
Manufacturing 3600 Electronic
& Electric Equip.
Manufacturing 3674 Semiconductors
and related devices, and parts,
Manufacturing 3678 Connectors,
for electronic applications
Service 7629 Elect/Electronic
Repair, NEC
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 3900 Plastics
& articles thereof
Exporting 8419896000 Industrial machinery, plant or equipment for the treatment of
materials, involving a change in temperature, for molten-salt-cooled acrylic
acid reactors
Exporting 8480790000 Molds for rubber or plastics, other than injection or
compression types
Exporting 8504900040 Transformer parts
Exporting 8542 Electronic
integrated circuits & microassembl, parts
Exporting 8544510000 Electrical conductors > 80 but =< 1000v fitted with
connectors
Exporting 8544592080 Insulated electric conductors of copper
Importing 3901909000 Polymers of ethylene in primary form,
Importing 8544510000 Electrical conductors > 80 but =< 1000v fitted with
connectors
Importing 8544700000 Insulated optical fiber cables with individually sheathed
fibers
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Importer Optic fibre cables
Manufacturer Computer cable
connectors
Manufacturer Computer
connectors
Manufacturer PVC cables
Manufacturer Cables
Manufacturer Flexible, cords
& cables
Manufacturer Extension
cords
Manufacturer AC power
cords
Manufacturer Cord sets
Manufacturer Pvc sheathed
flexible cord
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Country / Region Main Trading Activity
Africa Exporting
Asia / Pacific Exporting,
Importing
Europe Exporting,
Importing
North America Exporting
Pacific Exporting
Australia Exporting
Belgium Exporting
China Exporting,
Importing
Finland Exporting
Germany Exporting
Hong Kong Exporting
India Exporting
Italy Exporting
Japan Exporting,
Importing
Malaysia Exporting
Mexico Exporting
Netherlands Exporting
Peru Exporting
Russia Exporting
Singapore Exporting
South Africa Exporting
South Korea Exporting
Sweden Importing
Thailand Exporting
USA Exporting
United Arab Emirates Exporting,
Importing
United Kingdom Exporting
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.09 |
|
UK Pound |
1 |
Rs.76.68 |
|
Euro |
1 |
Rs.63.48 |
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. |
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 |
|
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%)