MIRA
INFORM REPORT
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Report Date : |
16.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
UNIVERSAL SCIENTIFIC INDUSTRIAL CO LTD |
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Registered Office : |
141, Lane 351, Tai Ping Rd Section 1 Tsaotun Chen Nantou Hsien 542 |
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Country : |
Taiwan |
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Financials (as on) : |
2007 |
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Date of Incorporation : |
01.02.1974 |
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Com. Reg. No.: |
61781463 |
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Legal Form : |
Public Listed Company |
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Line of Business : |
Research and Development of technologies related to computer product,
communication product, consuming electronic product and automotive electronic
product |
RATING &
COMMENTS
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MIRA’s Rating : |
Aa |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
USD 15,000,000 |
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Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
UNIVERSAL
SCIENTIFIC INDUSTRIAL CO LTD
141, LANE 351, TAI PING RD SECTION 1
TSAOTUN CHEN NANTOU HSIEN 542, TAIWAN
TEL: 886-4-92325876 FAX:
886-4-92391272
EXECUTIVE SUMMARY
INCORPORATION DATE :
FEBRUARY 1, 1974
REGISTRATION NO. :
61781463
LEGAL FORM :
PUBLIC LISTED COMPANY
CHIEF EXECUTIVE :
MR. RICHARD HUNG-PENG CHANG (CHAIRMAN)
STAFF STRENGTH :
3,300
CAPITAL :
US$ 431,177,446
BUSINESS LINE :
MANUFACTURER
TURNOVER :
NTD 35,410,114,000 (AS OF 2007)
EQUITIES :
NTD 15,697,478,000 (AS OF 2007)
PAYMENT :
EXCELLENT
RECOMM. CREDIT RANGE : UP TO
USD 15,000,000
MARKET CONDITION :
COMPETITIVE
FINANCIAL CONDITION :
STRONG
OPERATIONAL TREND : STEADY
GENERAL REPUTATION : WELL
KNOWN
EXCHANGE RATE :
TWD 30.42520 = 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 History*
===============
1977 -
USI commenced R & D on solid-state relays.
1978 -
First Taiwan company to offer Hybrid IC.
1979 -
USI manufactures on a small-scale basis for local sales.
- Commenced
production of automotive electronics, including service parts for regulator
modules.
1984 - Commenced
production of frequency devices, including full size clock oscillators.
October 1984 - Began
mass production.
1985 -
Started to cover a larger market.
1989 -
Commenced motherboard assembly and systems assembly operations.
1993 - Commenced
production of communications products, including wireless local area network
access points and interface cards.
23 April,
1996 - Became a listed company
in Taiwan Stock Exchange under ticker code 2350.
November 1998 -
Established its first manufacturing operations in Ayrshire, Scotland
2001 -
Commenced production of notebook PC motherboards.
10 December, 2007 - Introduced
world's first 8-inch digital photo frame printer
7 April, 2008 - Revealed the latest strategic
focus on LED Lighting and Voltage Regulator technology for JDM and ODM.
*Licenses & Permits*
================
(1)
License number : 9965235000
Date issued : 22
August, 1977
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(2)
License number : 9965202502
Date issued : 25
February, 1998
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(3)
License number : 99652031
Date issued : 27 July
1998
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(4)
License number : 9965203101
Date issued : 17 August, 2000
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
*Capital Details*
=============
Authorized capital : NTD
13,000,000,000.00
Initial paid-up capital : NTD
10,000,000.00
Paid-up capital increases as follows :
Year
Increase (NTD)
-------
---------------------
1986
180,000,000.00
1990
198,000,000.00
1991 800,000,000.00
1994
920,000,000.00
1995
1,120,870,000.00
1996
1,736,820,000.00
1997
2,300,526,000.00
1998 2,988,594,200.00
2000
5,703,158,570.00
2001
6,885,000,000.00
2004
7,284,110,000.00
2005
7,613,255,600.00
2006
9,782,861,330.00
2007
10,309,764,460.00
-- 10,318,494,460.00
*Office & Facilities*
================
Size :
97,074 sq.meter (Approx.)
Location :
Nantou Hsien
Type of building : Industrial
building
Property status : Owned by
UNIVERSAL SCIENTIFIC INDUSTRIAL CO LTD
Comment : Serves
as office and factory 1.
Other Contact Details
------------------------------
Tel. no. :
4-92350876
Fax nos :
4-9350491/ 4-2337360 / 4-92329561 / 92262135
Email address :
stanley@ms.usi.com.tw / louis@ms.usi.com.tw / robato@ms.usi.com.tw /
ted_c@ms.usi.com.tw / ir@ms.usi.com.tw
/ cd_bd@ms.usi.com.tw
Previous address: 135, Lane 351, Taiping Rd Section 1 Nantou City Nantou
Hsien 540
*Factories, Size & Locations*
=======================
Address : Nan Kang Industrial Park 330 Kung Yeh Rd
Other fax nos : 4-92254630 /
92262263 / 92262169
*Corporate & Organization Structure*
=============================
A large specialized company operated and managed by an experienced team
of professionals.
Organization & Management Team
-----------------------------------------------
Chairman
|
CEO
COO
|------CEO/COO Office
|
|-------------------------------------------------------------------------------------------------------------------------|
| |
| | | | | | | |
| | |
|
Computing
BG |
Mobility Solution | EMS BG
| Automotive BU | U-ABIT
| Storage/Server |
| Wireless
| BG |
| | |
BU | |
Product
| GOM Central Eng Global
FIN &
IT | BU
Global Sales Procurement Legal CSG
Organization and management of the company is divided into the following
departments:
- Boards Division
- Box systems Division
- Components Division
- Mother Board Division
*Industry Ranking*
================
Generally regarded as one of the Top 1,000 Companies in Manufacturing
Industry of Taiwan.
Details of rank are as follows:
Year Rank
------- -------
2004 657
2005 726
2006 641
*Sales Ranking*
============
Details of rank are as follows:
Year Rank
------ -------
1996 106
1997 84
1998 41
2000 28
2001 34
2002 44
Ranked among Taiwan's largest manufacturers as follows :
Year Rank
------ -------
1984 816
1985 757
1986 926
1987 711
1988 735
*Auditors*
=========
- DELOITTE & TOUCHE
- TN SOONG & CO
*Registrar*
=========
PRESIDENT SECURITIES CO LTD
*Awards*
========
(1)
Award : Q1 Preferred
Quality Award
Awarded by : Ford
Year : 1988
(2)
Award : Quality
Excellence Award
Awarded by : Chrysler
Year : 1991-1992
(3)
Award : Certificate of
Honor
Awarded by : Siemens
Year : 1992
(4)
Award : Excellence Performance Award
Awarded by : IBM
Year : 1993
(5)
Award : No 1 Supplier /
Partner
Awarded by : AT&T
Year : 1994
(6)
Award : Gold Pentastar
Award
Awarded by : Chrysler
Year : 1995
(7)
Award : "Favor
Supplier"
Awarded by : BABT Approval Lucent
Year : 1996
(8)
Award : Best Supplier
Award Overseas Supplier Category
Awarded by : IBM
Year : 1997-1998
(9)
Award : Supplier
Appreciation Award
Awarded by : Micro Networks
Year : 2000
(10)
Award : Service
Excellence Awards
Awarded by : TECHNOLOGY
FORECASTERS INC
Circuits Assembly Magazine
Year : 2001
Details : For
"Dependability/Timely Delivery and Responsiveness"
www.usi.com.tw
The design is professional and the content is well organized. At present it is
in English version.
E-mail: usi@ms.usi.com.tw
For the past two years there is no record of litigation.
*Major Shareholders*
===============
Total number of shareholders: N/A
Total number of shares: N/A
Shareholders Country Number Amount
%
------------------- ----------- ------------- ---------
----
Mr. Chang-yi Chen Taiwan n/a n/a n/a
ADVANCED SEMICONDUCTOR Taiwan
170,832,720.00 n/a n/a
ENGINEERING INC
CHUNG HUA DEVELOPMENT Taiwan
41,405,527.00 n/a n/a
INDUSTRIAL BANK CO LTD
Mr. John Hung Ho Taiwan
864,884.00 n/a n/a
Mr. Yung Tsui Taiwan 237,164.00 n/a n/a
Mr. Pi-li Liu Taiwan
15,888.00 n/a n/a
Management: Mr. Liang-liang Lai,
Supervisor
Mr. Sam Hsiao-ming Liu, Chief Officer
Mr. Gilbert Chen-yen Wei, General Manager
Name Nationality
Job Description Dept. / Division
Mr. Liang-liang Lai Taiwanese
Supervisor Account
Mr. Sam Hsiao-ming Liu Taiwanese
Chief Officer Administrative
Mr. Gilbert Chen-yen Wei Taiwanese
General Manager -
Mr. Brian Meng-kuo Shih Taiwanese
Vice General Manager -
Mr. Chen-lung Wei Taiwanese
Vice General Manager -
Mr. Cheng-chun Yu Taiwanese
Vice General Manager -
Mr. Chia-hsing Husng Taiwanese
Vice General Manager -
Mr. Chueh Hou Taiwanese
Vice General Manager -
Mr. Feng-ta Chen Taiwanese
Vice General Manager -
Mr. Frank Fu-hui Wu Taiwanese
Vice General Manager -
Mr. Hung-chi Liu Taiwanese
Vice General Manager -
Mr. John Hung Ho Taiwanese
Vice General Manager -
Mr. Luke Shu-hua Chu Taiwanese
Vice General Manager -
Mr. Ta-yi Lin Taiwanese
Vice General Manager -
Mr. Yuan-hsin Sheng Taiwanese
Vice General Manager -
Ms. Li-hua Chen Taiwanese
Vice General Manager -
*Main Products & Services*
======================
Specializes in the following areas of work:
1. Research and Development of technologies related to computer product,
communication product, consuming electronic product and automotive electronic
product.
2. Manufacturing of various types of electronic products.
3. Selling to both domestic and international market.
Product applications includes:
1. Manufacture of computer product for use to the following :
- Desk-top computer
motherboard
- Notebook motherboard
- Multi-Functional Handheld
Device
- UMPC
- Array System
- Server
- Network Attached Storage
2. Manufacture of communication product for use to the following:
- Wi-Fi (NIC,AP/RG)
- Bluetooth
- WinMAX
- UWB
- WI-FI ADSL
- Skype Phone
3. Manufacture of consuming electronic product for use to the following:
- DCS printer
- Digital writing pad
- Flat Panel Device Control
Board
4. Manufacture of automotive electronic product for use to the
following:
- Car Electronics &
Applied Devices
- Telematics
- LED Lighting
- Power & Thick Film
Hybrid
*Brand*
======
USC
*Payment Terms*
=============
Sales
-------
Local : Cash
30-90 days credit
Export : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
Purchases
--------------
Local : 30-90 days credit
Import : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
Open account /DA
terms with settlement using Telegraphic Transfer (T/T)
*Machinery & Equipment*
=====================
Machinery/ Equipment include:
- CNC laser trimmer and testing equipment
- Thermal shock and burn-in equipment.
*Production Capacity*
==================
Product :
Resistor network
Current capacity : 5.5
million/month
Maximum capacity : 7
million/month
*Long Term Investments*
=====================
Date of investment : November,
1998
Investment amount : USD24 million
Details :
The site spans 26 acres and will employ 700 workforce.
*Quality Certification*
==================
(1)
Type of certification : ISO 9002
Issuing authority : UL
Year of certification : 1992
Approved number : 3577
Certification Items :
Electric-Engineering Equipment and Information Products
(2)
Type of certification : ISO 9000
Year of certification : 1999
Place issued :
Mexico
(3)
Typeof certification : QS9000
Year of certification : 1997
(4)
Type of certification : ISO 9001
Year of certification : 1994
(5)
Type of certification : ISO 9001:2000
Year of certification : 2001
(China, Shenzhen)
2002 (Taiwan)
2003 (UK, GNK)
2003 (Mexico, Guadalajara)
2003 (USA, California)
2004 (China, Shanghai)
2005 (USA, RTP)
(6)
Type of certification : TL 9000
Year of certification : 2001
(Taiwan)
2002 (China, Shenzhen)
2005 (China, Shanghai)
(7)
Type of certification : TS 16949
Year of certification : 2003
(Taiwan)
2003 (China, Shenzhen)
2005 (Mexico,
Guadalajara)
2007 (China, Shanghai)
(8)
Type of certification : BABT
Year of certification : 1996
(Taiwan)
(9)
Type of certification : IECQ QC080000
Year of certification : 2006
(Taiwan)
2007 (Mexico, Guadalajara)
2006 (China, Shenzhen)
2007 (China, Shanghai)
(10)
Type of certification : ISO 14001
Year of certification : 1997
(Taiwan)
(11)
Type of certification : ISO 14000
Year of certification :
2001(China)
(12)
Type of certification :TIPS
Year of certification : 2005
(Taiwan)
(13)
Type of certification :IECQ QC080000
Year of certification : 2006
(Taiwan)
(14)
Type of certification : ISO 17025
Year of certification :
2007(Taiwan)
Products also obtained approval from the following certification bodies:
- IECQ
- CSA
- TUV Rheiland
- NOM
*Exhibition Participation*
====================
Participated in the following local exhibitions:
(1)
Exhibition fair : Computex Taipei '98
Date attended : 2-6 June, 1998
Location : Taipei World Trade Center - Exhibition
Hall
Taipei International Convention Center
(2)
Exhibition fair : Taipei
International Electronics Show
Date attended : 8-12 October, 1999
Location : Taipei World
Trade Center - Exhibition Hall
(3)
Exhibition fair : Computex
Taipei ' 99
Date attended : 1-5 June, 1999
Location : Taipei World
Trade Center - Exhibition Hall
(4)
Exhibition fair : Taipei International Computer Show
Date attended : 5-9 June, 2000
Location : Taipei World
Trade Center - Exhibition Hall
(5)
Exhibition fair : Taipei
International Auto/Motorcycle Parts & Accessories Show
Date attended : 17-20 May, 2000
Location : Taipei World
Trade Center - Exhibition Hall
(6)
Exhibition fair : Taipei
International Computer Show 2001
Date attended : 4-8 June, 2001
Location : Taipei World Trade Center - Exhibition
Hall
(7)
Exhibition fair : Taipei
International Computer Show 2002
Date attended : 3-7 June, 2002
Location : Taipei
World Trade Center - Exhibition Hall
(8)
Exhibition fair : TAITRONICS -
Components & Equipment Show
Date attended : 9-13 October,
2002
Location : Taipei
World Trade Center - Exhibition Hall
(9)
Exhibition fair : Taipei
International Automobile Electronics Show (AutoTronics)
Dates attended : 2-5 April, 2007
Location : Taipei
World Trade Center (TWTC) - Exhibition Hall
*Associations*
============
Member of the following associations:
- Taiwan Electrical & Electronic Manufacturers' Association (TEEMA)
- Taiwan Electrical Appliance Manufacturing Association
- Taipei Computer Association
*Competitors*
===========
The following locally based companies supply similar range of products:
- BIN TERNG ENTERPRISE CO LTD
- LONG WELL ELECTRONICS CORP
- FORTUNA ELECTRONIC CORP
- DOUBLE WIN ENTERPRISE CO LTD
- CMC MAGNETICS CORPORATION
*Domestic Customers*
==================
Customers who have purchased solid-state relays from USI on an OEM base
are as follows:
- TATUNG CO LTD
- TII
- GTE
*Imports*
=========
Import products from the following countries:
Product
Countries
----------
-------------
Pins
USA, Finland, France and Japan
Epoxy
USA and Japan
*Local Distribution Network*
=======================
15% of the annual turnover is attributed to local sales, composition as
follows:
Composition %
of Sales
-----------------
---------------
Customer Orders 60
Standard models
40
Note: 70% of the total production outputs of thick film hybrid ICs are
sold locally.
*International Trade Activity*
=======================
Note: At the time of performing this report, the 2007 export figures had
not yet been released by the Ministry of Economic Affairs which monitors
exports and imports.
*Export Markets*
==============
85% of the annual turnover is attributed to export to the following
countries:
Country
% of Export
---------- ----------------
USA 70
Germany, France,
United Kingdom & Japan 30
Breakdown of exports per product is as follows:
Product
Country % of
Export
------------
-----------
----------------
Relays
USA
70.00
Europe 15.00
Others 15.00
ICs USA 60.00
Europe 10.00
Asia 5.00
Australia 5.00
Others 20.00
Semiconductors
USA
60.00
Europe 10.00
Asia 5.00
Australia 5.00
Others 20.00
Microprocessors
USA
60.00
Europe 10.00
Asia 5.00
Australia 5.00
Others 20.00
Resistors/Rheostats
USA
70.00
Europe 20.00
Others 10.00
*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
------ --------
2006 58
2005 49
2004 42
2003 31
2002 32
2001 25
1997 16
*International Exhibition Participation*
=============================
Exhibition fair : Auto
Shanghai 2005
Dates attended : 22-28 April, 2005
Location : Shanghai
New Int'l Expo Center, China
*LOCAL BRANCHES & MANAGEMENT*
=================================
Branch : UNIVERSAL SCIENTIFIC INDUSTRIAL CO LTD - TAIPEI CITY
Branch Address : 6Fl, 22, Lane 407, Ti Ting Ta Tao Section 2 Chungshan
Dist, Taipei City, 104
Branch Tel : [+886] 2-26597288
Branch Fax : [+886] 2-26597218
Branch Email : tphr@ms.usi.com.tw
Branch : UNIVERSAL SCIENTIFIC INDUSTRIAL CO LTD - TAICHUNG HSIEN
Branch Address : 5Fl, 27-29 Ke Ya Rd Taya Hsiang, Taichung Hsien 428
Branch Employees : 580
Branch : UNIVERSAL SCIENTIFIC INDUSTRIAL CO LTD - HSINCHU CITY
Branch Address : 5Fl, 18 Chan Yeh 2nd Rd Hsinchu City, 300
Branch Tel : [+886] 3-5780568
Branch Fax : [+886] 3-5781060
Branch Employees : 500
*(Subsidiaries , Joint-ventures & Affiliates)
================================
Company Name : ADVANCED SEMICONDUCTOR ENGINEERING INC
Address : Nantze Export Processing Zone (NEPZ) 26 Ching 3rd Rd Nantzu
Dist Kaohsiung City 811 Taiwan
Country : Taiwan
Relationship : Affiliate
Legal Form : Public Listed Company
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : CHAN YI INVESTMENT CO LTD
Address : 141, Lane 351, Tai Ping Rd Section 1 Tsaotun Chen 542 Nantou
Hsien Taiwan
Country : Taiwan
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : HUNTINGTON HOLDINGS INT'L CO LTD
Address : Drake Chambers Tortola Virgin Islands (British)
Country : Virgin Islands (British)
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : REAL TECH HOLDINGS LTD
Address : PO Box 3444 Road Town Tortola Virgin Islands (British)
Country : Virgin Islands (British)
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : TA CHI INVESTMENT CO LTD
Address : 141, Lane 351, Tai Ping Rd Section 1 Tsaotun Chen 542 Nantou
Hsien Taiwan
Country : Taiwan
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : UNITECH HOLDINGS INT'L CO LTD
Address : PO Box 3321 Road Town Tortola Virgin Islands (British)
Country : Virgin Islands (British)
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : UNIVERSAL ABIT (HK) CO LTD
Address : 31Fl The Center 99 Queen's Rd Central Hong Kong Hong Kong
Country : Hong Kong
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : UNIVERSAL ABIT (SHANGHAI) CO LTD
Address : Rm 1301 An Tai Bldg 107 Zun Yi Rd Changning Dist Shanghai
200051 China
Country : China
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : UNIVERSAL ABIT AUSTRIA COMPUTER GMBH
Address : Schma Ibachsreasse 5 Gerasdorf bei Wien 2201 Lower Austria
Austria
Country : Austria
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : UNIVERSAL ABIT CO LTD
Address : 11Fl, 8 Tun Hua North Rd Sungshan Dist Taipei City 105 Taiwan
Country : Taiwan
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : UNIVERSAL ABIT HOLDING (CAYMAN) CO LTD
Address : PO Box 30691 Seven Mile Beach Georgetown Grand Cayman Cayman
Islands
Country : Cayman Islands
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : UNIVERSAL ABIT NL BV
Address : Jan van Riebeeckweg 15 Venlo 5928RH Netherlands
Country : Netherlands
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : UNIVERSAL ABIT UK CO LTD
Address : Unit 3, 24-26 Boulton Rd Stevenage Herts SGI3LL United Kingdom
Country : United Kingdom
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : UNIVERSAL ABIT USA CORP
Address : 2901 Bayview Drive Fremont 94538 California USA
Country : USA
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : UNIVERSAL ELECTRONICS HOLDING CO LTD
Country : USA
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : UNIVERSAL SCIENTIFIC INDUSTRIAL (KUN SHAN) CO LTD
Address : Huang Pu Jiang Qian Deng Town Kushan 215816 Jiangsu China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : UNIVERSAL SCIENTIFIC INDUSTRIAL (SHANGHAI) CO LTD
Address : Zhang Jiang High-Park 1558 Zhang Dong Rd Shanghai 201203 China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : UNIVERSAL SCIENTIFIC INDUSTRIAL (SHENZHEN) CO LTD
Address : USI Electronics Park North of High-Tech Park Nanshan Dist
Shenzhen 518057 Guangdong China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : UNIVERSAL SCIENTIFIC INDUSTRIAL CO (UK) LTD
Address : Steadman Place Riverside Business Park Irvine KA128JG Scotland
United Kingdom
Country : United Kingdom
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : UNIVERSAL SCIENTIFIC INDUSTRIAL DE MEXICO SA DE CV
Address : Residential Santa Isabel 656 Anillo Periferico Manuel Gomez
Morin Guadalajara 44290 Jalisco Mexico
Country : Mexico
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : USI ELECTRONICS (SHENZHEN) CO LTD
Address : Bldg H1 - East Industry Park Overseas Chinese Town Shenzhen
518053 Guangdong China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : USI INT'L LTD
Address : 6Fl United Chinese Bank Bldg 31 -37 Des Voeux Rd Central Hong
Kong Hong Kong
Country : Hong Kong
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : USI JAPAN CO LTD
Address : 12Fl Yokohama Business Park East Tower 134 Godo-Cho
Hodogaya-ku Yokohama-shi 2400005 Kanagawa Japan
Country : Japan
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : USI MFG SERVICE INC
Address : 685A Jarvis Drive Morgan Hill Morgan Hill 95037 California USA
Country : USA
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : USI UK LTD
Address : 1 Steadman Place Ayrshire Irvine KA115DN United Kingdom
Country : United Kingdom
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : USI@WORK INC
Address : Suite 420, 2000 Regency Parkway Cary 27518 North Carolina USA
Country : USA
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
*Strategic Partners & Alliances*
=========================
Group Name : ASE
GROUP
Founder :
ADVANCED SEMICONDUCTOR ENGINEERING INC
Country :
Taiwan
Management center : Taiwan
Group members : ADVANCED
SEMICONDUCTOR ENGINEERING INC
ASE TECHNOLOGIES INC
ASE TEST INC
ASE MATERIALS TAIWAN LTD
ASE CHUNGLI INC
ASE ELECTRONICS (M) SDN BHD -
Malaysia
ASE TRADING CORP - South Korea
ADVANCE SEMICONDUCTOR MATERIALS - Philippines
ISE LABS INC - USA
PAYMENT RATING : 1 OBTAINED SCORES :
89
|
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 LARGE
amounts depending on individual judgement experience.
*BANK DETAILS*
================
Bank Name
: CHANG HWA COMMERCIAL BANK LTD
Branch :
Central Dist, Taichung City
Branch Address :
38 Tzu Yu Rd Section 2
SWIFT Code :
CCBCTWTP
Bank Name :
FIRST COMMERCIAL BANK CO LTD
Branch :
Chungcheng Dist, Taipei City
Branch Address :
10Fl, 30 Chungking South Rd Section 1
SWIFT Code :
FCBKTWTP
Balance Sheet
Currency : NTD
Denomination : In Thousands
2006 2007
----------- -----------
Current Assets 11,090,506 11,960,598
Funds & long-term investments 9,264,805 11,080,370
Property
2,949,025 2,536,926
Other Assets
469,932 248,689
Current Liabilities (Before) 9,294,343
9,288,904
(After)
10,123,739
--
Long-term Liabilities 500,000 500,000
Other Liabilities 418,810 348,148
Common stock 9,482,861 10,309,764
Capital Reserve 1,950,661 2,099,218
Retained Earnings (Before) 2,700,633 3,307,295
(After)
1,438,943 --
Total Assets 23,784,126 25,834,530
Total Liabilities (Before) 10,213,153 10,137,052
(After) 11,042,549 --
Total Shareholder's Equity (Before)
13,570,973 15,697,478
(After) 12,741,577 --
Income Statement
Currency : NTD
Denomination : In Thousands
2006 2007
----------- -----------
Operating revenue 37,063,708 35,410,114
Gross Profit 3,149,507 3,379,007
Operating Income 462,170 602,946
Non-operating income 1,462,754 1,719,615
Non-operating expense 402,171 233,319
Net Income
1,376,952 1,868,353
Earnings (losses) per share (After) 1.69 1.91
*Financial Ratios*
===============
2006 2007
----------- -----------
Ratio of liabilities to Assets (%) 42.94 39.24
Current ratio (%) 119.33 128.76
Quick ratio (%) 92.07 106.12
Interest coverage 8.60 33.27
Turnover of receivable (times) 5 5.06
Average collection period of receivable 70.00
72.00
Turnover of inventories (times) 13.00 14.00
Turnover of expense (times) 6.08 5.44
Average days of sales 28.00 26.00
Turnover of fixed assets (times) 12.57 13.96
Turnover of total assets (times) 1.56 1.37
Return on total assets (%) 5.79 7.23
Return on shareholder's Equity (%) 11.15 11.90
Operating Income 5 5.85
Net Income before tax 16.02 20.26
Profit margin (%) 3.72 5.28
Retroactive
1.69 1.91
Cash flows ratio (%) 31.97 8.23
Cash flows adequacy (%) 187.56 151.50
Cash reinvestment ratio (%) 15.29 0.39
Degree of operating leverage 2.38 1.79
Degree of financial leverage 1.76 1.12
*Financial Summary (Currency: U.S. $'s)
================================
Year Sales Assets Net Income
1997 $370,000,000.00 n/a n/a
2000 $1,222,173,937.50 $656,128,312.50 $41,833,968.75
2001 $837,666,860.13 $507,486,941.38 -$4,730,121.88
2002 $813,739,580.34 $511,468,812.88 $7,933,314.17
2003 $1,003,870,732.41 $593,841,089.97 $22,384,227.22
2004 $1,385,954,947.37 $678,667,037.59 $31,407,187.97
2005 $1,321,319,241.71 $734,722,148.50 $21,551,690.36
2006 $1,120,426,481.26 $718,988,089.48 $41,624,909.31
2007 $1,068,500,724.20 $779,557,332.53 $56,377,579.96
Int´l Trade Activity (Currency: U.S. $'s)
===============================
Year Imports Exports Total
1997 $164,600,000.00 $346,300,000.00 $510,900,000.00
1998 $400,700,000.00 $563,600,000.00 $964,300,000.00
1999 $464,000,000.00 $699,900,000.00 $1,163,900,000.00
2004 $299,937,627.46 $418,045,112.78 $717,982,740.24
2005 $321,327,014.22 $524,486,571.88 $845,813,586.10
2006 $361,850,060.46 $563,180,169.29 $925,030,229.75
SC is considered large-sized in its line with a long development
history. Credit dealings with SC in favorable terms can be considered.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 3679 Electronic
components,
Exporting 3714 Motor
vehicle parts and accessories,
Importing 3676 Resistors,
for electronic applications
Manufacturing 3577 Computer
peripheral equipment, and parts,
Manufacturing 3613 Switchgear
and switchboard apparatus, and parts,
Manufacturing 3625 Relays
and industrial controls
Manufacturing 3651 Radio
& tv receiving sets; phonographs; recorders; microphones; loudspeakers;
audio amplifiers; & oth audio equip
Manufacturing 3674 Semiconductors
and related devices, and parts,
Trading 5065 Electronic
Parts/Equip, NEC
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 3926901000 Buckets & pails of plastic
Exporting 4819502000 Sanitary food and beverage containers of paper, paperboard,
cellulose wadding or webs of cellulose fibers
Exporting 7318 Screws,
bolts, nuts, washers etc, iron or steel
Exporting 7318152000 Bolts and bolts and their nuts or washers exported in the same
shipment
Exporting 7320 Springs
& leaves for springs, iron or steel
Exporting 7320100060 Leaf springs and leaves therefor, iron or steel wire, with
individual leaves less than 1.6 mm thick
Exporting 7326 Articles
of iron or steel
Exporting 7326901000 Other articles of tinplate (not household)
Exporting 8007 Articles
of tin
Exporting 8428330000 Continuous-action elevators and conveyors, for goods or
materials, belt type
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Importer Resistors &
rheostats
Importer Fan motors
Importer Resistors
Importer Capacitors
Importer Chip
capacitors
Importer Resistors
SMD
Manufacturer Notebook PC
Manufacturer Automotive
electronics
Manufacturer Passive
components
Manufacturer Power
supplies
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Exporting to Argentina
Exporting to Asia
Exporting to Australia
Exporting to Austria
Exporting to Belgium
Exporting to Brazil
Exporting to Bulgaria
Exporting to Canada
Exporting to China
Exporting to Costa Rica
Exporting to Czech Republic
Exporting to Denmark
Exporting to Estonia
Exporting to Europe
Exporting to Finland
Exporting to France
Exporting to Germany
Exporting to Hong Kong
Exporting to Hungary
Exporting to India
Exporting to Ireland
Exporting to Israel
Exporting to Italy
Exporting to Japan
Exporting to Macau
Exporting to Malaysia
Exporting to Mexico
Exporting to Netherlands
Exporting to New Zealand
Exporting to North America
Exporting to Norway
Exporting to Philippines
Exporting to Poland
Exporting to Portugal
Exporting to Puerto Rico
Exporting to Romania
Exporting to Singapore
Exporting to South Africa
Exporting to South Korea
Exporting to Spain
Exporting to Swaziland
Exporting to Sweden
Exporting to Switzerland
Exporting to Thailand
Exporting to Turkey
Exporting to USA
Exporting to United Arab Emirates
Exporting to United Kingdom
Importing from Argentina
Importing from Asia
Importing from Australia
Importing from Austria
Importing from Belgium
Importing from Brazil
Importing from Bulgaria
Importing from Cameroon
Importing from Canada
Importing from Chile
Importing from China
Importing from Costa Rica
Importing from Czech Republic
Importing from Denmark
Importing from Europe
Importing from Finland
Importing from France
Importing from Germany
Importing from Hong Kong
Importing from Hungary
Importing from India
Importing from Indonesia
Importing from Iran
Importing from Ireland
Importing from Israel
Importing from Italy
Importing from Japan
Importing from Macau
Importing from Malaysia
Importing from Mali
Importing from Malta
Importing from Mexico
Importing from Morocco
Importing from Netherlands
Importing from Panama
Importing from Philippines
Importing from Poland
Importing from Portugal
Importing from Puerto Rico
Importing from Singapore
Importing from South Korea
Importing from Spain
Importing from Sweden
Importing from Switzerland
Importing from Thailand
Importing from USA
Importing from United Kingdom
Importing from Vietnam
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%)