MIRA
INFORM REPORT
|
Report Date : |
01.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
CHAIR YUAN ENTERPRISE CO., LIMITED |
|
|
|
|
Registered Office : |
1F, No.103, Bauyang St., San Min Dist., Aohsiung |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
13.08.1991 |
|
|
|
|
Com. Reg. No.: |
86053737 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Subject trades as a beauty salon and it sells skincare products. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 40,000 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Contact Points
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
|
|
Supplied Address: |
|
|
Telephone Number: |
+886-7-390-8799 |
|
Fax Number: |
|
|
E-mail: |
Notes: Subject’s exact name and address are as above.
Credit Summary
|
Credit Rating: |
|
|
Credit Opinion: |
Company Identification Details
Notes: Subject did not introduce its staff
information; from other source we can not obtain the relevant information,
either.
History
Subject was incorporated on
Shareholders
|
Name |
Subscription Amount |
|
Xuehua Zhou |
300,000 |
The information above is that of subject’s
major shareholders.
Subsidiaries & Branches
Personnel Information
Core
Management
Director
|
Name |
Xuehua Zhou |
|
Position |
Director |
Operation Information
Offices
& Factories
|
|
Headquarters |
|
Add |
|
Production
Information
l
Subject operates as a beauty salon without any
production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
-- |
Sales of foods, canned food, garment and
accessories |
|
-- |
Sales of cosmetics, Beauty teaching materials and
equipments, etc |
|
-- |
Beauty consultant service and operation of beauty
business |
|
F401010 |
International Trading Business |
l
It is introduced that
Subject’s products are imported from France and Switzerland, etc
Sales
Information
l
Subject mainly supplies
skincare service (course of
treatment service, etc) for customers and
subject also sells skincare products including essential
oil and lotion, etc
l
Subject sells products
branded Paul. Scerri, LUVIR, etc.
l
Subject mainly serves
local customer in Taiwan.
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Settlements
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
Skincare products, etc |
COD, etc |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Skincare products, etc |
CBD, etc |
100% |
Sales
Domestic Markets (Taiwan)
|
Sales Terms |
Proportion |
|
|
Skincare products and service |
COD, etc |
100% |
Export
Subject has little export business.
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.
Subject’s relevant staff declined to disclose its financials citing the
grounds of company’s confidentiality; from other source we can not obtain the
relevant information, either.
Bankers
Subject declined to
disclose its bank details; 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
|
Name: |
N/A |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.16 |
|
|
1 |
Rs.81.29 |
|
Euro |
1 |
Rs.69.47 |
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 |
|
-- |
NB |
New Business |
-- |
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.