MIRA INFORM REPORT
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Report Date : |
12.04.2011 |
IDENTIFICATION DETAILS
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Name : |
CAMPRO PRECISION MACHINERY CO., LTD. |
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Registered Office : |
No. 12, |
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Country : |
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Date of Incorporation : |
16.06.2003 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture and sales of industrial machinery |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 80,000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Contact Points
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Supplied Name: |
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Trading Address: |
No. 12, |
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Supplied Address: |
No. 12, |
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Telephone Number: |
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Fax Number: |
+886-4-2350-0131/ 2350-0213 |
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E-mail: |
Zachary@campro.com.tw;
sales@campro.com.tw |
Notes: Subject’s exact name and address are as above.
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Company Identification Details
History
Subject was incorporated on
Shareholders
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Subscription Shares |
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Qingzhe Cai |
196,700 |
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Sing Lung Trading Co.,
Ltd (Literal Translated) |
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|
3,358,275 |
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Qionghua Cheng |
104,339 |
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Longhui Lin |
829,528 |
|
Qiuju Wang |
3,756,300 |
The information
above is that of subject’s major shareholders.
Subsidiaries & Branches
|
Address: |
No. 12, |
Shanghai sales office
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Address: |
No. 1689, |
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Tel: |
+86-21-69156662 |
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Fax: |
+86-21-69156338 |
It is introduced
that subject also has factory in
Personnel Information
Core
Management
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1 |
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Name |
Qingzhe Cai |
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Position |
Board Chairman |
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2 |
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Name |
Sing Lung Trading Co., Ltd (Literal Translated) |
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Position |
Director |
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3 |
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Name |
Qionghua Cheng |
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Position |
Director |
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4 |
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Name |
Longhui Lin |
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Position |
Supervisor |
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5 |
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Name |
Qiuju Wang |
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Position |
Supervisor |
Personnel
Structure
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Total Employees |
Over 80 employees |
Operation Information
Offices
& Factories
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|
Headquarters |
|
Add |
No. 12, |
Production
Information
l
Subject is a manufacturer of mechanical equipments
and it is introduced that subject has manufacturing facilities both in
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
CB01010 |
Mechanical equipment manufacturing industry |
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CA03010 |
Heat treatment industry |
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CA04010 |
Surface treatment industry |
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CB01990 |
Other mechanical manufacturing industry (Automatic
control processor) |
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F113010 |
Mechanical wholesaling industry |
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F401010 |
International trading business |
l
The purchases components both at home and board,
and the factory in
l The subject is
engaged in sales of mechanical equipments.
l
Subject has its own brand named “CAMPRO”.
l
Subject’s products are both sold in domestic and
overseas market, it is introduced that subject’s export business and Taiwan
Sales Business are mainly in Taiwan and subject sells its products through its
shanghai office to the mainland of China.
Major products
sold
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1 |
Vertical Machining Center |
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2 |
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3 |
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4 |
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5 |
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6 |
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
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Components |
CBD, etc |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
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Components |
CBD, etc |
100% |
Sales
Domestic Markets
|
Payment Terms |
Proportion |
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Machinery |
CBD, etc |
100% |
Export
|
Payment Terms |
Proportion |
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Machinery |
L/C, etc |
100% |
Financial Information
Subject has no obligations to disclose its financial statements to the third
party according to the relevant policy in
Subject’s relevant staff Mr. Cai declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
Bankers
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Name |
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Address |
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Notes: Mr. Cai introduced subject’s bank as above and he did not
introduce the Bankers mentioned in the enquiry Mega International Commercial
Bank, North Taichung Branch or A/C No.-03753050916 Swift Code - ICBCTWTP037, he
stated that he will release the details of bankers if there is further
cooperation, from other source we can not obtain the relevant information,
either.
Public Record
Mortgage
No chattel mortgage record of subject has been found within the recent 3
months.
Lawsuit
Up to date of reporting,
no existing or latent litigation of the subject has been found.
Interview Details
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Name |
Mr. Cai |
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Department |
Sales department |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.22 |
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|
1 |
Rs.72.26 |
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Euro |
1 |
Rs.63.90 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
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 |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<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.