MIRA INFORM REPORT
|
Report Date : |
07.08.2010 |
IDENTIFICATION DETAILS
|
Name : |
LI PENG ENTERPRISE CO LTD |
|
|
|
|
Registered Office : |
5 fl, 162 Sung |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
20.08.1975 |
|
|
|
|
Com. Reg. No.: |
33955322 |
|
|
|
|
Legal Form : |
Public Listed
Company |
|
|
|
|
Line of Business : |
Manufacturer of
Suits and trouser materials made from DTY |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment
Behaviour : |
No Complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – April 1, 2010
|
Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name & address
LI PENG ENTERPRISE CO LTD
5FL, 162 SUNG
TEL: 886-2-21002188 FAX:
886-2-21001817
EXECUTIVE SUMMARY
INCORPORATION DATE : AUGUST 20, 1975
REGISTRATION NO. : 33955322
LEGAL FORM : PUBLIC LISTED
COMPANY
CHIEF EXECUTIVE : MR. SHAO-YI KUO (CHAIRMAN)
STAFF STRENGTH : 1,047
CAPITAL : NTD
6,800,000,000.00
BUSINESS LINE : MANUFACTURER
TURNOVER : N/A (AS OF DEC.
31, 2009)
EQUITIES : N/A (AS OF
DEC. 31, 2009)
PAYMENT : AVERAGE
RECOMM.
MARKET CONDITION : AVERAGE
FINANCIAL CONDITION : N/A
OPERATIONAL TREND :
STEADY
GENERAL REPUTATION : AVERAGE
EXCHANGE RATE : TWD 31.83144 = 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 –
Registered Legal Address:
6Fl, 162 Sung
*Company History*
===============
20 August, 1975 - Date founded.
1976 - Established a printing
plant in Tucheng, which makes printed paper and printed calico.
1979 - Acquired competitor
WINNER.
1986 - Established a plant in
Yangmei for dyeing and finishing.
1988 - Established a fabric
weaving plant to produce various kinds of filament woven fabrics.
1989 - Its dyeing and
finishing plant was expanded for dyeing and finishing polyester fiber and nylon
filament woven fabrics
1990 - Expanded for several
times
28 January, 1992 -
Became listed on the Taiwan Stock Exchange.
1992 - Established its
Changhwa weaving plant
1994 - Changed its products
lines and invested in new equipments.
- Installed a
co-generation plant to provide steady power source for its production.
- Replaced some
of its weaving machines for making higher quality and wider range of fabrics.
1999 - Began mass production
of its nylon FDY plant.
*Company
Registration*
===================
License number : 33955322
Date issued : 20 August, 1975
Issuing authority :
Ministry of Economic Affairs (MOEA)
Type of license : A company owned by shareholders,
incorporated with limited liability and confirmed with the respective
Government authorities to legally exist.
*Capital Details*
=============
Initial authorized
capital : NTD 5,707,000,000.00
Capital
increase : NTD
6,800,000,000.00
Date of
increase : N/A
Market capitalization
: NTD 4,442,310,000
Year : 1995
*Office &
Facilities*
================
Size : 4,320 sq. feet
Location : Central Business District
Facilities : Modern
Type of building :
Commercial building
*Factory Contact
Details*
===================
Address :
Zip : 326
Suburb : Yangmei
Chen
State : Taoyuan
Hsien
Tel : [+886]
3-4905265
Fax : [+886]
3-4905195
*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 159
2000 145
2001 138
*Sales Ranking*
=============
Details of rank are
as follows:
Year Rank
------ ------
1996 243
1997 233
1998 234
2000 140
2001 133
2002 154
*Auditors*
==========
DELOITTE TOUCHE TOHMATSU
INT'L
*Registrar*
==========
GRAND CATHAY
SECURITIES CO LTD
www.lipeng.com.tw this website belongs to “LEALEA GROUP” in
E-mail: lp_sales@lipeng.com.tw
For the past two
years there is no record of litigation.
*Major Shareholders*
=================
Shareholders'
Name No. of Shares
--------------------------- ------------------
Mr. Pei-huan
Chen 85,028,519
Mr. Yen-lin
Chen 85,028,519
Mr. Shao-yi Kuo 8,510,351
Mr. Chuan-ching
Kuo 8,510,115
Mr. Chun-nan
Kuo 8,509,893
Mr. Ming-lang
Chan
0
Management: Ms. Winnie Yih-ting Chung, Supervisor, Senior
Mr.
Tai-ping Lee, Manager
Mr.
James Mu-sheng Kuo, General Manager
Name Nationality
Job Description Dept. / Division
Ms. Winnie Yih-ting
Chung Taiwanese Supervisor, Senior Administration
Mr. Tai-ping Lee Taiwanese Manager Finance
Mr. James Mu-sheng
Kuo Taiwanese General Manager -
Mr. Wen-chung Lin Taiwanese Manager -
Mr. Wen-chung Tien Taiwanese Manager -
*COMPANY DIRECTORS*
=====================
1
Name : Mr. Chin-fu
Yang
Nationality :
Taiwanese
2
Name : Mr. Pei-huan
Yuan
Nationality :
Taiwanese
3
Name : Mr. Shao-yi
Kuo
Nationality :
Taiwanese
4
Name : Ms. Winnie
Yih-ting Chung
Sex : F
Email :
ytchung@lipeng.com.tw
Tel : [+886]
2-21002188
Ext : 2215
5
Name : Mr. Tai-ping
Lee
Sex : M
6
Name : Mr. James
Mu-sheng Kuo
Sex : M
7
Name : Mr. Wen-chung
Lin
Sex : M
8
Name : Mr. Wen-chung
Tien
Sex : M
*Main Products &
Services*
=====================
manufactures the
following products:
- Suits and trouser materials made from DTY
- Stretch fabrics of new synthetic fiber
- Casual wear made
from micro fiber (peach skin felling)
- Nylon and N/T
interwoven cloth for sports wear
- High twisted
fabrics of new synthetic fiber
- One-way and
both-way stretch "LYCRA" fabrics
- GIPY suede made
from micro fiber
- Home furnishing
materials (for tablecloth, shower curtains, bed covers, window curtains, etc.)
- Fire-retardant
home furnishing materials
- Athletic shoe
materials
- Super black (Jade
black) fabrics
- Functional cloth
with hollow fiber, anti-flame and anti-static properties
- Eagle black
Products:
Acetate-like fabric
Casual wear
Chemical products
Coloring agents
Dishwashing machines
*Brand*
======
LP
Li Peng
Transcolor
*Quality
Certification*
==================
(1)
Type of
certification : ISO 9001
Date of
certification : December 1995
Type of
certifications : ISO 9001
ISO-14001
OHSAS-18001
Date of
certification : January 2001
Details : Its Changwa
Weaving Plant received this certification making it the first three-in-one
certified dying and weaving plant in
*Machinery &
Equipment*
====================
Machinery/ Equipment
include:
Factory
Machineries/Equipments
------------ -------------------------------------
Yangmei Weaving
Factories
Water-jet weaving looms
Cogeneration system
Related
equipment
Yangmei
Dyeing/Finishing Factories
Jet-dyeing machine
Weight reducing machine
Tenser
Boil-off machine
Brushing machine
Automatic
systems for dyestuff dripping, weighing
and computer color matching
Water treatment facilities
Changhwa Weaving
Factory Water-jet weaving looms
High twisting machines
Related equipment
*Domestic Raw
Materials Suppliers*
===========================
- LEALEA ENTERPRISE
CO LTD
*Domestic Customers*
=================
UNITED RAW MATERIAL
SOLUTIONS INC
*Export Markets*
=============
Products are also
exported to
*International Trade
Ranking*
========================
The firm has been
ranked among
Details of rank are
as follows:
Year Rank
------ ----------
1997 0255
*LOCAL BRANCHES
& MANAGEMENT*
=================================
Branch : LI PENG
ENTERPRISE CO LTD -
Branch Address :
10Fl,
Branch Tel : [+886] 2-25317976
Branch : LI PENG
ENTERPRISE CO LTD - SUNGSHAN DIST
Branch Address :
7Fl-3, Ming Chi Bldg 54 Min Sheng East Rd Section 4 Sungshan Dist,
Branch Tel : [+886]
2-27185909
Branch Fax : [+886]
2-27134496
Branch : LI PENG ENTERPRISE
CO LTD (CHANGHWA WEAVING FACTORY) - CHANGHWA HSIEN
Branch Address :
Branch Tel : [+886]
4-8952222
Branch : LI PENG
ENTERPRISE CO LTD (CHANGHWA FDY FACTORY) - CHANGHWA HSIEN
Branch Address :
Branch Tel : [+886]
4-8953888
*(Subsidiaries,
Joint-ventures & Affiliates)
===============================
Business Entity Name
: LEALEA TECHNOLOGY CO LTD
Address : 7Fl Lealea
Commercial Bldg 162 Sung
Country :
Relationship :
Affiliate
Legal Form : Private
Company with Limited Liability
Company Type :
Importer
Industry : Computer
& Information Products
Business Entity Name
: LEARNED WINNER ENTERPRISES CO LTD
Address : 7Fl Lealea
Commercial Bldg 162 Sung
Country :
Relationship :
Affiliate
Legal Form : Private
Company with Limited Liability
Company Type :
Trader
Industry : Textiles
& Raw Material
Business Entity Name
: SHATEX TRADING CO
Address : 12Fl, 162
Sung
Country :
Relationship :
Affiliate
Legal Form : Private
Company with Limited Liability
Company Type :
Trader
Industry : Textiles
& Raw Material
*Strategic Partners
& Alliances*
==========================
Group name : LEALEA GROUP
Group members : LI PENG ENTERPRISE CO LTD
LEALEA ENTERPRISE CO LTD
REGIANT
INDUSTRIAL CORP
LEARNED WINNER
ENTERPRISES CO LTD
RICH
DEVELOPMENT CONSTRUCTION CO LTD
LEADER CONSTRUCTION CO LTD
JET GOAL
ENTERPRISES CO LTD
LEALEA
TECHNOLOGY CORP
Group
activities : Its business includes
textiles, construction, trading and information technology.
Group employees :
2,517
Details : Founded in 1975 which was
originally a printing plant.
PAYMENT RATING : 3
OBTAINED SCORES : 59
|
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 MODERATE amounts depending on
individual judgement experience.
SC’s financial
details are not available at present.
*BANK DETAILS*
===============
Bank Name : CHANG
HWA COMMERCIAL BANK LTD
Branch : Central
Dist,
Branch Address :
SWIFT Code :
CCBCTWTP
Bank Name : BANK OF
Branch : Chungcheng
Dist,
Branch Address :
SWIFT Code :
BKTWTWTP
SC is considered
large-sized in its line with a long development history. Taking into
consideration of SC’s general performance, credit dealings with SC in moderate
amount can be considered.
SIC PRODUCT CLASSIFICATION
& ACTIVITY
Activity Code Product/Service Description
Manufacturing 2200 Textile Mill Products
Manufacturing 2211 Broad woven fabrics, cotton
Manufacturing 2221 Broad woven fabrics, manmade fibers and silk
Manufacturing 2261 Finish Cotton Fabrics
Manufacturing 2262 Finish Man Fiber/Silk Fabric
Manufacturing 2269 Finishers of Textiles, NEC
Manufacturing 2295 Coated fabrics, not rubberized
Manufacturing 2299 Textile goods,
Manufacturing 2392 House furnishings,
Manufacturing 2800 Chemicals and Allied Products
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 5209
Woven cotton fabrics, nu 85% cot, wt
ov
Exporting 5407
Woven fab of syn fil yarn, incl
monofil 67 dec etc
Exporting 5903
Textile fabrics (not tire cord) coat
etc, plastics
Importing 3204
Syn org coloring matter & prep;
syn org brit agent
Importing 5402
Synthetic filament yarn (no sew
thread), no retail
Importing 8414
Air or vacuum pumps, compr & fans;
hoods & fans; parts
Importing 8422
Machines, dishwash, clean etc cont
& fill, pak etc
Importing 8428
Lifting, handling, loading &
unload machines
Importing 8445
Machines for preparing textile fibers
& yarns
Importing 8448
Auxiliary machinery for use with
textile machines
DETAILED PRODUCT CLASSIFICATION &
ACTIVITY
Activity Product/Service
Description
Importer Vacuum pumps
Importer Fabrics, synthetic filament
Importer Coloring agents
Manufacturer Nylon 6 fiber
Manufacturer Home fabrics
Manufacturer Plastics raw
Manufacturer Chemical products
Manufacturer Woven fabrics, filament yarn
Manufacturer Fully drawn yarns (FDY)
Manufacturer Wool textile
INTERNATIONAL TRADE: ACTIVITY & MARKETS
Country / Region
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.46.02 |
|
|
1 |
Rs.73.21 |
|
Euro |
1 |
Rs.60.70 |
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 |
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 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.