MIRA INFORM REPORT
|
Report Date : |
06.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
PRECISION CONTROL TECHNOLOGY CO., LTD. |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
06.10.1997 |
|
|
|
|
Com. Reg. No.: |
16236565 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Agency and trader
of environmental chemical equipment
and automation engineering, etc. |
|
|
|
|
No. of Employees
: |
15 Persons |
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 20,000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
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 – September 30th, 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: |
+886-2-24365078 |
|
Fax Number: |
Notes: The correct subject’s address is as above mentioned.
Credit
Summary
|
Credit Rating: |
|
|
Credit Opinion: |
Company Identification
Details
History
Subject was incorporated on 1997-10-6 with registered
number 16236565 as Limited
Liability Company in Taiwan.
Shareholders
|
Name |
Subscription Amount |
|
Chenlang Zhang |
5,000,000 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Personnel
Information
Core
Management
|
Name |
Chenlang Zhang |
|
Position |
Director |
Personnel
Structure
|
Total Employees |
10-15 Employees |
Operation
Information
Offices
& Factories
|
|
Headquarters |
|
Add |
Production
Information
l
Subject is a trader of environmental chemical equipment without any
production activities.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
1 |
Telephones, telephone switches, installation engineering
contracting |
|
2 |
TV sets, air conditioners, refrigerators, tape
recorders and household electrical goods the import and export business |
|
3 |
Chemical analysis instrumentation, physical
analysis instruments and apparatus of the microcomputer control the import
and export trading business |
|
4 |
Automatic control of the plant control system
equipment, building equipment and environmental control systems,
transportation, water and electricity equipment of remote control system integration,
design, installation, maintenance services (except business license |
|
5 |
Mixer, converter, metal piping components of the
import and export trading business |
|
6 |
Air pollution control equipment, pollution equipment,
pollution treatment equipment design, installation and sales |
|
7 |
Planning and design of water treatment works,
construction equipment, installation, maintenance, repair and water treatment
engineering business laboratory analysis |
|
8 |
General import and export business (except for
permitted business) |
|
9 |
Water treatment equipment, installation
equipment, ion exchange, wastewater treatment equipment design and
installation contract (except business license) |
|
10 |
The water filter with activated carbon trading
exchange resin |
Besides licensed business, all other business items those are not banned
or restricted.
l
The products are mostly purchased from abroad.
l
The subject has a
proportion of 50% for Import
l
The subject is mainly engaged in sales of environmental chemical equipment and automation
engineering, etc.
l
Subject has both domestic and foreign markets.
l
The subject has a
proportion of 50% for export.
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Settlements
Purchase
Domestic Purchase
Notes: Subject seldom
purchases from domestic markets.
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Environmental
chemical equipment |
CBD, etc. |
100% |
Sales
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Environmental
chemical equipment |
COD, etc. |
100% |
Export
|
Sales Terms |
Proportion |
|
|
Environmental
chemical equipment |
COD, 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 Ms. Wu declined to disclose its financials
citing the grounds of company’s confidentiality; 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 |
Ms. Wu |
|
E-mail |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.40 |
|
UK Pound |
1 |
Rs.80.20 |
|
Euro |
1 |
Rs.68.92 |
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.