MIRA INFORM REPORT
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Report Date : |
03.08.2011 |
IDENTIFICATION DETAILS
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Name : |
YU-TING INDUSTRIAL CO., LTD. |
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Registered Office : |
No.291, Jiun-Shing St., Shulin Dist., New Taipei City 238 |
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Country : |
Taiwan |
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Date of Incorporation : |
15.05.2000 |
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Com. Reg. No.: |
70506946 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Wholesales of hardware |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Taiwan |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
|
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
Notes: Subject’s registered name and contact information are as above.
Credit
Summary
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Credit Opinion: |
In view of the
absence of information about subject’s status, caution should be exercised. |
Special
Notes
We can not confirm
subject’s information at present. And we will update the report as soon as
possible.
We found subject’s
registration information as follows for reference.
Company
Identification Details
The staff number is not available at present.
History
Subject was incorporated on
Awards
|
Year |
Awards |
|
2007 |
Blue chip
importer and exporter |
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2008 |
Blue chip
importer and exporter |
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2009 |
Blue chip
importer and exporter |
Standard of Blue
chip importer and exporter
Unit: USD
|
Year |
Amount |
|
2007 |
18,000,000 |
|
2008 |
19,000,000 |
|
2009 |
15,000,000 |
Shareholders
|
Name |
Subscription Shares |
|
Ruiyu Huang |
3,310,898 |
| Huizhou
Zhang |
3,310,898 |
|
Jie Zhang |
488,818 |
|
Junzhe Zheng |
1,708,236 |
|
Huiping Xu |
931,767 |
|
Jieyuan Wang |
2,523,356 |
The information
above is that of subject’s major shareholders.
Subsidiaries &
Branches
We can not
confirm whether subject has any subsodiaries or branches.
Personnel
Information
Core
Management
|
1 |
|
|
Name |
Ruiyu Huang |
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Position |
Board Chairman |
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2 |
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|
Name |
Huizhu Zhang |
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Position |
Director |
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3 |
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Name |
Jie Zhang |
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Position |
Director |
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4 |
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Name |
Junzhe Zheng |
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Position |
Director |
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5 |
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|
Name |
Huiping Xu |
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Position |
Director |
|
Date of
Appointment |
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5 |
|
|
Name |
Jieyuan Wang |
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Position |
Supervisor |
Operation
Information
Offices
& Factories
We can not confirm subject’s trading address
at present
Purchase
Information
l
The major registered activities of subject:
|
Business Code |
Details |
|
F106010 |
Wholesales of hardware |
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111070 |
Wholesales of metal building materials |
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F401010 |
International trading business |
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Items imported and
exported:
|
Items imported |
Cold Rolled Stainless Steel Sheet in Coil Cold
Rolled Stainless Steel Sheet |
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Items exported |
Cold Rolled Stainless Steel Sheet in Coil Cold
Rolled Stainless Steel Sheet |
At present we can
not confirm subject’s operation information and we gave the information above
obtained from local registry for reference.
Financial
Information
Subject has no obligations to disclose its financial statements to the
third party according to the relevant policy in Taiwan and the only source from
which we can obtain the information is the subject itself.
We can not obtain the financials at present and we will update the report
as soon as possible.
Public Record
Mortgage
|
1 |
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Document number |
10030341150 |
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Receipt date |
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Case category |
Chattel mortgage |
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Nature |
Registered |
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Mortgagor |
YU-TING INDUSTRIAL CO., LTD. |
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Mortgagee |
Taiwan Business Bank –Xinjhuang Branch |
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Status: |
Licensed |
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2 |
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Document number |
10030341160 |
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Receipt date |
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Case category |
Chattel mortgage |
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Nature |
Registered |
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Mortgagor |
YU-TING INDUSTRIAL CO., LTD. |
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Mortgagee |
Taiwan Business Bank –Xinjhuang Branch |
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Status: |
Licensed |
Lawsuit
Up to date of
reporting, no existing or latent litigation of the subject has been found.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.23 |
|
UK Pound |
1 |
Rs.72.09 |
|
Euro |
1 |
Rs.62.99 |
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 |
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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 |
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NB |
New Business |
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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.