MIRA
INFORM REPORT
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Report Date : |
06.12.2011 |
IDENTIFICATION DETAILS
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Name : |
GPK TRADING CO., LTD. |
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Registered Office : |
10th Fl., No.15, Hsin Yi Rd., Sec.2, Taipei |
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Country : |
Taiwan |
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Date of Incorporation : |
03.09.1979 |
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Com. Reg. No.: |
05055215 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Agent of different kinds of pumps and related products. |
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No. of Employees : |
Not Available |
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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Maximum Credit Limit : |
USD 40,000 |
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Status : |
Moderate |
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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 – September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Taiwan |
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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Company Name: |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
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Telephone Number: |
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Fax Number: |
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E-mail: |
Notes:
The supplied address is incomplete, and the exact address is as above.
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Company Identification Details
The staff number
is not available from the subject or other sources.
History
Subject was incorporated on
Shareholders
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Subscription
Number |
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Yuqi Liang |
7,500 |
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Guoxin Xu |
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5,000 |
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Jingji Lu |
5,000 |
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Ruie Liu |
5,000 |
The information
above is that of subject’s major shareholders.
Subsidiaries & Branches
Subject introduced that it has a
related company in Mainland of China which helps subject to deal with business
in Mainland of China.But subject declined to disclose more information about
it.
Personnel Information
Core
Management
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1 |
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Name |
Yuqi Liang |
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Position |
Board Chairman |
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2 |
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Name |
Guoxin Xu |
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Position |
Director |
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3 |
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Name |
Jingji Lu |
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Position |
Director |
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4 |
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Name |
Ruie Liu |
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Position |
Supervisor |
Operation Information
Offices
& Factories
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Headquarters |
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Add |
Production
Information
l
Subject is a agent of different kinds of pumps
without any production activities
Purchase
Information
l
The products of subject are mostly purchased from both
local China and abroad.
l
Subject is mainly involved in being an agent of
different kinds of pumps and related products.
l
Subject introduced that it also can be charge of
after service of the products.
l
Subject introduced that the brands it trades are
famous, such as ITT Industries, RITZ, RathGibson, JABSCO, Viking Pump, OBL,
Flowserve, Rexnord and so on
l
Subject’s selling territory covers all over the
world, such as USA, Singapore and so on.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase (Taiwan and Mainland, China)
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Payment Terms |
Proportion |
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Pump products
and related products |
CBD, etc |
100% |
Foreign Purchase
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Payment Terms |
Proportion |
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Pump products
and related products |
CBD, etc |
100% |
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Pump products
and related products |
CBD, etc |
100% |
Export
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Sales Terms |
Proportion |
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Pump products
and related products |
CBD, etc |
100% |
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 Mr. Liu declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
Bankers
The bankers’ information is not available from the subject or other
sources.
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 |
Mr. Liu |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.39 |
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|
1 |
Rs.80.20 |
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Euro |
1 |
Rs.68.92 |
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 |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.