MIRA
INFORM REPORT
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Report Date : |
24.11.2008 |
IDENTIFICATION DETAILS
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Name : |
MICRO-STAR INT'L CO LTD |
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Registered Office : |
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Country : |
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Financials (as on) : |
2007 |
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Date of Incorporation : |
04.08.1986 |
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Com. Reg. No.: |
22178368 |
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Legal Form : |
Public Listed Company |
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Line of Business : |
Research and Development of computer peripheral and other related products Importing of raw materials / components for in-house OEM production. |
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 10,000,000 |
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Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
MICRO-STAR
INT'L CO LTD
TEL: 886-2-32345599 FAX: 886-2-32345488
EXECUTIVE SUMMARY
INCORPORATION DATE :
AUGUST 4, 1986
REGISTRATION NO. :
22178368
LEGAL FORM :
PUBLIC LISTED COMPANY
CHIEF EXECUTIVE :
MR. JOSEPH HSIANG HSU (CHAIRMAN)
STAFF STRENGTH :
2,268
CAPITAL :
US$ 492,610,837
BUSINESS LINE : MANUFACTURER
TURNOVER :
NTD 90,589,643,000 (AS OF 2007)
EQUITIES :
NTD 23,999,954,000 (AS OF 2007)
PAYMENT :
EXCELLENT
RECOMM.
MARKET CONDITION :
COMPETITIVE
FINANCIAL CONDITION : STABLE
OPERATIONAL TREND :
STEADY
GENERAL REPUTATION : AVERAGE
EXCHANGE RATE :
TWD 31.47592= 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 –
*Company History*
================
2001 -
Started the production operation in the Baoan Plant, Shenzhen
-
Launched the MSI graphic card.
2003 -
Established a production facilities and a research and development center in
11 May, 2004 - Launched a
range of portable computers and other electronic products.
2005 - MSI
Notebook received 4 best performance awards for exports in Taiwan Innovalue
*Capital Details*
=============
Initial paid-up capital : NTD 5,000,000
The authorized capital : NTD 15,000,000,000.00
Paid up capital increases/decreases as follows:
Date
Increase (NTD)
------
---------------------
June 1990
30,000,000
August 1991
60,000,000
May 1994 100,000,000
July 1995
180,000,000
June 1996
407,500,000
May 1997
708,000,000
March 1999
1,368,000,000
July 1999
1,963,760,000
July 2000
2,910,000,000
January 2001 2,919,136,240
May 2001
3,765,818,240
January 2002
3,860,269,500
July 2002
5,556,326,040
September 2003 6,604,774,940
October 2003
6,703,956,270
September 2004
7,564,351,900
July 2005
7,821,282,450
- 10,200,000,000
July 2006
8,856,023,520
July 2007
8,824,473,520
September 2007
9,477,801,930
October 2007
9,502,770,930
February 2008
9,507,540,930
May 2008
9,509,371,930
-
9,513,040,930
*Licenses & Permits*
================
(1)
License number : 9960775200
Date issued : 28 August
1997
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory 1
license
(2)
License number : 9960666802
Date issued : 30 August
2000
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory 2
license
*Office & Facilities*
================
Size :
11,792 sq meters (Approx.)
Location : Central Business District
Facilities : Modern
Property status : Owned by
MICRO-STAR INT'L CO LTD
Type of building : Commercial
& Industrial mixed
Comments : Serves as
office, factory and warehouse
Other Contact Details
-----------------------------
Fax nos. : 2-22271707 /
22215041/ 32345748
E-mail : blancatsai@msi.com.tw
Previous website : www.cwcb.msi.com.tw
*Factories, Size & Locations*
=======================
Factory 2
-------------
Building size : 41,927 sq.
meters (Approx)
Location :
Property status : Owned by
MICRO-STAR INT'L CO LTD
Facilities : Modern
Type of building : Industrial building
*Corporate & Organization Structure*
=============================
A large specialized company operated and managed by an experienced team
of professionals.
Maintains 893 experienced engineers in the Research and Development
Department.
*Industry Ranking*
===============
- Generally regarded as one of the Top 1000 Companies in manufacturing
industry of
- Considered as the nation's fourth-largest motherboard maker.
- Ranked within
- VGA production has been standing on the No. 1 position in the world
for four consecutive years.
Generally regarded as one of the Top 5000 Companies in Manufacturing
Industry of Taiwan.
Details of rank are as follows:
Year Rank
------- ---------
2005 47
2006 51
2007 47
*Sales Ranking*
=============
Details of Rank are as follows
Year Rank
------ ------
1996 215
1997 193
1998 98
2000 46
2001 21
2002 23
2007 24
*Registrar*
=========
CHINATRUST FINANCIAL HOLDING CO LTD
*Accountants*
============
PRICEWATERHOUSECOOPERS
*Awards*
========
(1)
Awards : "The World's Largest Graphics Card Manufacturer Laurel
Award"
Details : Received for two years
in a row.
(2)
Products has achieved award logos from the following :
1. Mainboard
Date Product Comment Media Country
-------- ----------- ------------- ------------ ------------
June 2004 K8N Neo-FSR Editor's Choice PC Magazine
May 2004 848P Neo-S Best Performance Pconline
May 2004 K8N
Neo Platinum
Recommended ViperLair.com
April 2004 K8N Neo Platinum Recommended Anandtech.com
April 2004 K8T Neo-FIS2R Recommended Anandtech.com
2. VGA
Date Product Comment Media Country
-------- ----------- ------------- ------------ ------------
June 2004 RX800 PRO-TD256 Best of Test bit-tech.net
June 2004 RX800 PRO-TD256 Top Product Hartware.net
June 2004 FX5900 XT-VTD128 Winner in this HardwareZone
eight-way GeForce
FX 5900XT graphics
card
shootout
June 2004 NX6800 Hot Award Atomic
Ultra-T2D256
June 2004 FX5900 XT-VTD128 Editor's Choice HardTecs4U
3. Server / Workstation
Date Product Comment Media Country
-------- ----------- ------------- ------------ ------------
May 2004 E7505 Master2-F Best of Tom's 2004 Tom's Hardware
Series Guide
January 2004 K8D Master-F Reference Award TecChannel.de
December2003 K8T Master Series Best of Test PC Praxis
December 2003 K1-1000 Series Editor's Choice WCM
November 2003 K8T Master Series The Fastest GameStar
Athlon-64-FX
Motherboard
(Over Result: 1.7)
4. Barebone
Date Product Comment Media Country
-------- ----------- ------------- ------------ ------------
June 2004 MEGA 865 SOE Award DigiTimes
June 2004 MEGA 180 Best of Test Tomorrow
May 2004 MEGA 180 Test Winner CHIP
May 2004 MEGA 180 Best Tested Award DATOR Magazine
May 2004 MEGA 180 Best Buy PC Hemma
5. Optical Storage
Date Product Comment Media Country
-------- ----------- ------------- ------------ ------------
July 2004 DR8-A Best Buy Computer
May 2004 DR8-A Recommended PC World
April 2004 X48 Best Buy PC World
April 2004 DR8-A Best Buy CDRlabs.com
April 2004 DR8-A Recommended Anandtech.com
6. Consumer Electronic
Date Product Comment Media Country
-------- ----------- ------------- ------------ ------------
July 2004 MEGA CACHE 15 Recommended PC Achat
May 2004 MEGA PLAYER 515 Trefa Award Svethardware.cz
May 2004 MEGA CACHE 15 Editor's Choice HardTecs4U
April 2004 MEGA Stick 256 Best CP Hard'n'Soft
April 2004 MEGA Stick 256 Editor's Choice ComputerDIY
7. Communication
Date Product Comment Media Country
-------- ----------- ------------- ------------ ------------
March 2004 PC
March 2004 CB
January 2004 UB11B Recommended BIT
January 2004 AP11B Recommended BIT
January 2004 PC11B Recommended BIT
8. Multimedia
Date Comment Media Country
-------- ----------- ------------- ------------
May 2004 Best Buy Computer Bild
January 2004 Tip Award PC Space
July 2003 Max Power PC format
May 2003 Silver Award BIT
August 2002 Editor's Choice ComputerDIY
9. Notebook
Date Product Comment Media Country
-------- ----------- ------------- ------------ -----------
June
June
10
Award : Won the Highest Honors
Event :
Year : 2004
Details : For the MSI CE products
11
Award : Winner
Event : German iF Design Contest
Year : 2004
12
Date
Award
Media Country
-------
-----------
-------------
-----------
September 2008 Best
Worthwhileness Award PC World
Computer
Redaction Choice Award
PC World Computer
Mini Note PC ranking No.2
Recommend Windwos100% Extra
Power Award PC PowerPlay
Magazine
Crazy But Cool Custom
PC
Best Buy Award Computer
Buyer
Smart Buy Award PC PowerPlay
Magazine
Best Buy Award PC Praxis
August 2008 Power
Selection Award
DOS/V Power Report
Hot List
PC Plus
Editor's Choice Award
PC Plus
Editor's Choice Award
What Laptop
Neo2 Power Selection Award
DOS/V Power Report
Editor's Choice Award
PC Magazine
Editor's Choice Award
PC Net
Platinum / P45 Zilent Good
Product Award Benchmark.pl
Best of Tom's Hardware 2008
Tom's Hardware
Recommended Buy Award
Tom's Hardware
Silent Award BareboneCenter.de
Editor's Choice Award
Digital Trends
ECO Award
CD-Action Magazine
Power Award CD-Action
Magazine
Hot Buy Award Stuff
Magazine
Hybrid Freezer Highly
Recommended
APC
Highly Recommended
APC
Editor's Choice Award
L'Ordinateur Individuel
Zilent Editor's Choice
Gold Award Xtremevn
Zilent Gold Award HWM
Zilent Editor's Choice Award
PCDIY!
Zilent Recommended
ViperLair.com
Platinum Silver Award
HardwareZone.com.au
Quality
Award PC
Format
Quality / Price Award PC Format
Power CHIP Tip Award CHIP
Must Have Best
Performance Award
TweakTown.com
Choice Award PCDIY!
Editor's Choice Award
OverclockersClub.com
Gold Award
HWM
Editor's Choice Award
PCDIY!
Zilent Recommended PC World
Editor's Choice Award tweak.dk
High Ratings (Score 94%) Firingsquad.com
Gold Award
HardOCP.com
4 out of 5 Stars Award Les Numeriques
Recommended PC
World
Product of the Year Silver Award
Platinum Price/Performance
Award
GameStar Magazine
Gold Award PC
Format
Platinum 4 out of 5 Stars Award
HardwareZone.com
Test Winner SFT
Magazine
July 2008 Hardware
Reference
GameStar Magazine
Editor's
Choice Award
HKEPC.com
Zilent Editor's Choice Award
pcBee
Best Choice of 1st Half Year of
2008(Intel Platform Category)
pcBee
Hybrid Freezer Gold Award
The Reviewer
Hybrid Freezer
Original Design
Award
iXBT.com
4.5 out of 5 Stars Award Techtree.com
Editor's Choice Award PC Magazine
4.5 out of 5 Stars Award PurePC.pl
Best Price-Quality Award
PurePC.pl
Recommended
PurePC.pl
Gold Award T3
Magazine
Top Product Award CHIP Magazine
Edition Best Choice of 1st Half
Year of 2008(Notebook Category) pcBee
Max Value Award MaxIT Magazine
Editor's Choice Award eBuzz
Platinum / P7N Zilent Best
Buy Award
Zhelezo
Weekly ASCII Best Buy Award
ASCII Mediaworks
/
Weekly ASCII
Super Product Award Benchmark.pl
Hybrid Freezer Top Product Award
CHIP
Super Product Award Benchmark.pl
Quality Award PC Format
Best Test Computer -
Gold Award
HWM
Reviewer's Choice Award
Silver Award The Reviewer
Highly Recommended PC Home Advance
Gold Award
HWM
Buy It Award
Computer Active
Zilent Silver Award The Reviewer
Power Selection Award DOS/V Power Report
Gold Award
Hardware.Info
Recommended PC
World
Zilent Recommended PC World
Zilent Energy Tip CHIP
Zilent Bronze Award
Zilent Recommended
for
Mainstream
Madshrimps.be
Zilent Hot Product Award Motherboard.org
Best Test Award
Prohardver.hu
Bronze Award
Great Product Award tweak.dk
Recommended
Fudzilla.com
Recommended PC
World
Recommended PC
World
May 2008
Recommended Product Award
Redaction Choice Award CafePC.pl
Best Quality Award CafePC.pl
Best Efficiency Award CafePC.pl
The Hall of Fame
Motherboard MYCOM Journal
Good Choice (Overall: 5 out of 6)
ITpro.no
Recommended - Great Product
Good Choice (Overall: 5 out of 6)
ITpro.no
Best Performance Award
Hard'n'Soft
www.msi.com.tw
The design is professional and the content is well organized. At present it is
in Japanese, Chinese and English versions.
E-mail: marketing@msi.com.tw
Litigation ( 1 )
Position : Defendant
Other Parties Involved : Position Country
Party's Name
Defendant
Defendant Japan
SONY CORP
Defendant USA
I/O MAGIC CORP
Defendant Japan
MITSUMI ELECTRIC CO LTD
Defendant Japan
TEAC CORP
Defendant USA
MEMOREX PRODUCTS INC
Defendant Taiwan
LITE-ON TECHNOLOGY CORP
Defendant South
Korea LG ELECTRONICS INC
Defendant Taiwan
IOMEGA CORP
Defendant
Defendant Taiwan
ACER INC
Defendant USA
DELL CORP
Defendant USA
EASTMAN KODAK CO
Plaintiff USA
MAGNEQUENCH INC
Case Issue : A petition to the Court due to patent infringement.
Court : Federal
Date Commenced : March, 2004
Status : Pending
Litigation ( 2 )
Position : Defendant
Other Parties Involved : Position Country
Party's Name
Plaintiff
Plaintiff USA
PHILIPS CORP
Defendant Taiwan
ABIT COMPUTER CORP
Defendant Taiwan
ASUSTEK COMPUTER INC
Case Issue : A petition to the Court due to patent infringement.
Date Commenced : March, 2004
Status : Pending
*Major Shareholders*
===============
Total number of shareholders: N/A
Total number of shares: N/A
Shareholders Country Number Amount %
Mr. Joseph Hsiang Hsu
Mr. Wen-tong Lin
Mr. Chin-ching Huang
Mr. Chi-long Lu
Mr. Hsien-neng Yu
Ms. Fen-lan Hsu
Mr. Chun-hsien Hsu
Mr. Kao-shan Hsu
Mr. Ming-jen Hsu
Mr. Sung-chou Wang
Management: Ms. Jade Pao-yu
Hung, Manager
Mr. Joseph Hsiang Hsu, General Manager
Ms. Ju-ting Chang, Manager
Name Nationality
Job Description Dept. / Division
Ms. Jade Pao-yu Hung Taiwanese
Manager Finance
Mr. Joseph Hsiang Hsu Taiwanese
General Manager -
Ms. Ju-ting Chang Taiwanese
Manager -
Mr. Wei-hao Lin Taiwanese
Representative -
Mr. Chi-long Lu Taiwanese
Vice General Manager -
Mr. Chin-ching Huang Taiwanese
Vice General Manager -
Mr. Hsien-neng Yu Taiwanese
Vice General Manager -
Mr. Long-ping Wu Taiwanese
Vice General Manager -
Mr. Sheng-chang Chiang Taiwanese
Vice General Manager -
Mr. Wei-huang Cheng Taiwanese
Vice General Manager -
Mr. Wen-tong Lin Taiwanese
Vice General Manager -
*COMPANY DIRECTORS*
====================
1
Name : Mr. Joseph Hsiang Hsu
Nationality : Taiwanese
Country of Residence :
*Main Products & Services*
=======================
Specializing in the following main areas of work:
1. Research and Development of computer peripheral and other related
products.
2. Importing of raw materials / components for in-house OEM production.
3. Manufacturing a wide range of PC133 motherboards, mainboards, add-on
cards, servers/workstations, barebones, optical storage devices, communication
devices and IA accessories.
4. Export and domestic sales of its finished products.
Maintains the following customer oriented services:
- Customer services hotline and a 22-language website that provide
top-notch after-purchase service.
- A service and repair network to provide its customers with 24-hour,
round-the-clock service.
Products include:
- Pentium PC/ISA
- All-in-One Pentium
- Sdram
- Window Based Terminal
- 5-in-1 multi-functional MEGA STICK1
Products: Add-on cards
Bare bone
system
CD-ROM drivers
CD-RW drives
Coaxial cables
*Brand*
======
Mega Player
Mega Stick
Mega View
*Payment Terms*
==============
Sales
-------
Local : Cash
30-60 days credit
Exporter : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
Purchases
--------------
Local : Cash
30-60 days
credit
Importer : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
*Production Capacity*
==================
(1)
Item :
Motherboard
Maximum Capacity : 20,227,000 pcs / year
Current Capacity : 16,713,000
pcs / year
(2)
Item :
Add-on cards
Maximum Capacity : 10,011,000 pcs / year
Current Capacity : 7,839,000
pcs / year
(3)
Item :
Mainboard
Maximum Capacity : 19,088 (In thousand NTD)
Current Capacity : 16,820 (In
thousand NTD)
Year :
2007
(4)
Item :
Interface Card
Maximum Capacity : 11,232 (In thousand NTD)
Current Capacity : 10,515 (In
thousand NTD)
Year :
2007
(5)
Item :
Other related computer peripheral
Maximum Capacity : 34,391 (In thousand NTD)
Current Capacity : 13,824 (In
thousand NTD)
Year :
2007
*Detailed Product Specifications*
==========================
(1)
Product : Optical
Features : -
- Fast speed
and stability.
- Compact
sizes and appearances and low noise features
- Installed
with the ABS (Anti-Bumping System) technology and
SoftBurn noise-reducing
mechanism to maintain the stable disk reading
and
writing.
(2)
Product : Barebone System
Features : Exclusively design
with CPU fan duct board and installing the system fan on the side; this speeds
up the heat dispersing and makes the whole process very smooth. This design is
very quiet and noise-free. It only produces 28.6 decibels of noise under the
state of power on. In addition, it uses the latest main stream Magnetic Levitation
Fan to solve the most difficult problems of barebone systems.
*Technologies Developed and/or Acquired*
===================================
Developed the CoreCell Chip and D.O.T. (Dynamic OverClocking Technology)
as technological achievement for Motherboard products.
*Quality Certification*
==================
(1)
Type certifications : ISO-9002
Year of certification : 1995
(2)
Type of certification : ISO 9001
Issuing authority : TUV
Year of certification : 1996
(3)
Type of certification : ISO 14001
Issuing authority : Bureau
Veritas Quality Int'l (BVQi)
Year of certification : 1999
Other details :
Received environmental certification, affirming the company's commitment to the
environment.
(4)
Type of certification : ISO
14001: 1996
Issuing authority : Bureau
Veritas Quality Int'l (BVQi)
Date of certification : 19
November, 2002
(5)
Type of certification : QS 9000 :
1998
Issuing authority :
Underwriters Laboratories (UL)
Date of certification : 22 May,
2003
(6)
Type of certification : ISO 9001
: 2000
Issuing authority :
Underwriters Laboratories (UL)
Date of certification : 22 May,
2003
(7)
Type of certification : OHSAS
18001 : 1999
Issuing authority : Bureau
Veritas Quality Int'l (BVQi)
Year of certification : 2
February, 2004
(8)
Type of certification : DIN EN
ISO 9001 08.94
Issuing authority : TUV
*Exhibition Participation*
====================
Participated at the following local exhibitions:
(1)
Exhibition fair : COMPUTEX
Date attended : 2-6 June, 1998
Location :
(2)
Exhibition fair : COMPUTEX
Date attended : 1-5 June, 1999
Location :
(3)
Exhibition fair : COMPUTEX
Date attended : 5-9 June, 2000
Location :
(4)
Exhibition fair : COMPUTEX
Date attended : 4-8 June, 2001
Location :
(5)
Exhibition fair : COMPUTEX
Date attended : 3-7 June, 2002
Location :
(6)
Exhibition fair : Global
Distributor Conference
Years held : 2001and 2002
Other details : The
conference aims to further strengthened the already close relationship between
the company and its cooperating vendors.
*Associations*
=============
Member of the following associations:
-
-
*Competitors*
===========
The following locally based firms supply similar range of
products/services:
- MITAC INC
- ACER SERTEK INC
- MEDIATEK INC
- SILITEK CORP
- ASUSTEK COMPUTER INC
*Domestic Agency Contracts Maintained*
==============================
The following local agency & distribution rights for the local
market are maintained:
- ANPRO-TECH INT'L CO LTD
- GENUINE C & C INC
- XANDER INT'L CORP
*Domestic Agents & Distributors*
=========================
SIANG KONG CO LTD
*Local Distribution Network*
======================
An estimated 47% of the annual turnover is attributed to local sales.
*Export Markets*
=============
An estimated 53% of the annual turnover is attributed to export.
Products are exported to the following countries:
Region % of
Export
----------
-----------------
Others
7
*International Trade Ranking*
========================
The firm has been ranked among
Details of rank are as follows:
Year Rank
----- ------
1997 80
2004 83
2005 219
2006 294
*LOCAL BRANCHES & MANAGEMENT*
==================================
Branch : MICRO-STAR INT'L CO LTD -
Branch Address : 1Fl, 1 Sung
Branch Tel : [+886] 2-25055008
Branch Employees : 10
*(Subsidiaries , Joint-ventures & Affiliates)
===============================
Company Name : KUNSHAN MICROTECK COMPUTER
Address :
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MEGA INFORMATION HOLDING CO LTD
Address : Offshore Incorporation's
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : MICRO ELECTRONICS HOLDING CO LTD
Address : Offshore Incorporation's
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : MICRO-STAR INT'L (BVI) HOLDING CO LTD
Address : Offshore Incorporation's
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name : MICRO-STAR INT'L (CAYMAN) HOLDING CO LTD
Address : Huntlaw Bldg Georgetown Grand Cayman
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name : MICRO-STAR INT'L (
Address : Rm 306, 3Fl
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MICRO-STAR INT'L CO LTD
Address : 10Fl Pacific Centre
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MICRO-STAR INT'L CO LTD
Address : 23/5Fl Ul Shabolovka Metro Shabolovskaya Moscow 119049
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MICRO-STAR INT'L CO LTD
Address :
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MICRO-STAR INVESTMENT CO LTD
Address : 4Fl-3, 45-1 Chang An
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
Company Name :
Address : Ekkersrijt 6050 Son 5692GA
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name :
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Service
Industry : Computer & Information Products
Company Name : MICRO-STAR SHANGHAI CO LTD
Address : Rm1509,
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI COMPUTER (
Address : Unit 1
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI COMPUTER (
Address : Unit 2,
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI COMPUTER (CAYMAN) CO LTD
Address :
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI COMPUTER (
Address : D-128, 129 First Floor Okhla Industrial Area Phase I
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI COMPUTER (SHENZHEN) CO LTD
Address :
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name : MSI COMPUTER (
Address : Unit 3 Swalowfield Centre Swalowfield Way Hayes UB31AW
Middlesex
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI COMPUTER CORP
Address :
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI COMPUTER CORP -
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI COMPUTER DO
Address : Rua Capricornio 72 Alpha Conde 1 Barueri Sao Paolo
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name :
Address :
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI COMPUTER JAPAN CO LTD
Address : 6Fl C & K Bldg
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : MSI COMPUTER SARL
Address : 12 Blvd de Strasbourg Zi Gustave Eiffel St Georges 77600
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI KOREA CO LTD
Address : 223-558 Seok-Nam Dong Seo-ku Inchon South
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI MIAMI CORP
Address :
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI PACIFIC INT'L HOLDING CO LTD
Address : 4Fl Scotia Centre
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name : MSI POLSKA SP ZOO
Address : Bldg DC-1 Ul Magazynowa 1 Kobierzyce 55040
Country :
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : MSI TECHNOLOGY GMBH
Address : Hanauer Landstrasse 306 Frankfurt 60314 Hessen (Hesse)
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name :
Address : Ekkersrijt 6050 Son 5692GA
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : SHENZHEN MICRO-STAR ELECTRONIC CO LTD
Address :
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Computer & Information Products
Company Name : STAR INFORMATION HOLDING CO LTD
Address : Offshore Incorporation's
Country :
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial Services - General
*OVERSEAS AGENTS AND DISTRIBUTORS*
======================================
Agent : PLANET TECHNOLOGY (M) SDN BHD
Country of Origin :
Product Description : Computer peripherals
Brand : MSI
Year : 2003
Agent : PLANET TECHNOLOGY (M) SDN BHD
Country of Origin :
Product Description : Vga
Brand : MSI
Year : 2003
Agent : PLANET TECHNOLOGY (M) SDN BHD
Country of Origin :
Product Description : Motherboards
Brand : MSI
Year : 2003
PAYMENT RATING : 1 OBTAINED SCORES : 87
|
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 :
CHINATRUST COMMERCIAL BANK LTD
Branch :
Branch Address : 14Fl
SWIFT Code :
CTCBTWTP
Bank Name : JIH
SUN INT'L COMMERCIAL BANK
Branch :
Branch Address : 4Fl
SWIFT Code :
JSIBTWTP
Balance Sheet
Currency : NTD
Denomination : In thousand
2006 2007
----------------- -----------------
Current Assets
30,079,050 36,710,789
Funds & long-term investments 8,724,175 10,291,550
Property
2,688,049 2,650,935
Other Assets
424,839 409,271
Current Liabilities (Before) 20,587,492 25,943,928
(After)
21,150,330 -
Long-term Liabilities
- -
Other Liabilities
131,526 118,663
Common stock 8,805,624 9,507,541
Capital Reserve
4,904,083 4,933,382
Retained Earnings (Before) 7,241,439 8,937,961
(After) 6,025,264 -
Total Assets
41,916,113 50,062,545
Total Liabilities (Before) 20,719,018 26,062,591
(After) 21,281,856 -
Total Shareholder's Equity (Before) 21,197,095 23,999,954
(After) 20,634,257 -
Income Statement
Currency : NTD
Denomination : In thousand
2006 2007
-----------------
-----------------
Operating revenue
74,532,127 90,589,643
Gross Profit
6,114,381 8,066,894
Operating Income
739,025 2,046,274
Non-operating income
764,380 1,672,352
Non-operating expense
103,274 246,829
Net Income
1,247,074 2,912,697
Earnings (losses) per share (After) 1.32 3.07
*Financial Ratios*
==============
2006 2007
----------------- -----------------
Ratio of liabilities to Assets % 49.43 52.06
Ratio of long-term capital
to fixed Assets % 788.57 905.34
Current ratio%
146.10 141.50
Quick ratio%
83.49 81.06
Interest coverage 37,131.00 31,265.00
Turnover of receivable (times) 7.00 6.51
Average collection period
of receivable
55.00 56.00
Turnover of inventories (times) 5.84 5.93
Average days of sales
63.00 62.00
Turnover of fixed assets (times) 27.73 34.17
Turnover of total assets (times) 1.78 1.81
Return on total assets% 2.98 5.82
Return on shareholder's Equity% 5.88 12.14
Operating Income 8.00 21.52
Net Income before tax
15.90 36.52
Profit margin%
1.67 3.22
*Financial History*
===============
2000 - Obtained a sales growth of 58.7%, this equates to sales of USD
710,978 per employee and achieved a sales comparison of 96.0% during the entire
fiscal year.
20 May, 2003 - Reported that sales for the month of April fell by more
than 15%.
*Financial Summary (Currency:
=============================
Year Sales Assets Net Income
1999 $493,752,312.50 $329,822,781.25
$43,505,312.50
2000 $748,814,743.39 $527,813,437.01 $67,333,779.16
2001 $1,136,197,301.22 $697,712,217.06 $111,306,674.41
2002 $1,626,477,895.95 $953,667,375.68 $96,012,417.36
2003 $1,841,704,152.25 $1,111,044,809.69 $86,000,432.53
2004 $1,977,479,699.25 $1,166,072,842.11 $13,513,383.46
2005 $2,201,233,870.46 $1,226,678,609.79 $37,151,974.72
2006 $2,253,087,273.28 $1,267,113,452.24 $37,698,730.35
2007 $2,733,543,844.30 $1,510,638,050.69 $87,890,675.92
*Int´l Trade Activity (Currency:
=============================
Year Imports Exports Total
2001 $397,562,391.18 $1,081,543,818.92 $1,479,106,210.10
2002 $498,131,647.03 $1,150,330,554.76 $1,648,462,201.79
2003 $348,615,916.96 $806,805,074.97 $1,155,420,991.93
2004 $173,221,290.02 $263,816,507.01 $437,037,797.03
2005 $112,906,391.00 $82,321,741.01 $195,228,132.01
2006 $69,886,486.00 $73,738,133.01 $143,624,619.01
2007 $65,000,000.00 $72,900,000.00 $137,900,000.00
SC is considered large-sized in its line with a development history of
22 years. Taking into consideration of SC’s general performance, a credit line
up to USD 10,000,000 appears to be within SC’s capacities.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 3357 Nonferrous
metal wire and cable, drawn and insulated
Exporting 3571 Electronic
computers
Exporting 3572 Computer
storage devices
Exporting 3575 Computer terminals
Exporting 3577 Computer
peripheral equipment, and parts,
Exporting 3579 Office
machines, and parts,
Exporting 3612 Transformers,
and parts,
Exporting 3651 Radio & tv
receiving sets; phonographs; recorders; microphones; loudspeakers; audio
amplifiers; & oth audio equip
Exporting 3669 Other
communications equipment, and parts,
Exporting 3675 Electronic
capacitors
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 3926 Articles
of plastics (inc polymers & resins)
Exporting 3926901000 Buckets
& pails, of plastic
Exporting 4821100000 Paper
and paperboard labels of all kinds, printed
Exporting 4821902000 Paper
and paperboard labels, unprinted, pressure-sensitive
Exporting 4911100020 Printed
catalogs relating principally to current offers for the sale of
Exporting 7616991000 Aluminum
luggage frames
Exporting 7616995060 Aluminum
castings
Exporting 8414591000 Blowers
for pipe organs
Exporting 8414599080 Fans
Exporting 8414800500 Air
compressors, turbochargers and superchargers
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Exporter Web pads
Exporter Tablet PCs
Exporter Consumer
electronics
Exporter DVD-ROM
drives
Exporter Inductors
Exporter Power
supplies
Exporter Transformers
Exporter VGA cards
Exporter Notebooks
Exporter Slim drive
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Country / Region
Middle-East Exporting,Importing
Pacific Exporting,Importing
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.09 |
|
|
1 |
Rs. 74.90 |
|
Euro |
1 |
Rs.63.40 |
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%)