MIRA INFORM REPORT
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Report Date : |
14.12.2011 |
IDENTIFICATION DETAILS
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Name : |
HONGKONG RATON INTERNATIONAL CO.
LTD. |
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Registered Office : |
Unit 805, 8/F., Grandtech Centre, 8 On Ping Street, Shatin, New Territories |
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Country : |
Hong Kong |
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Date of Incorporation : |
22.03.2006 |
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Com. Reg. No.: |
36567806 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Logistic Service Provider |
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No. of Employees
: |
20. (Subject in Hong Kong) 120. (Group) |
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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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Hong Kong |
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 |
Company name
HONGKONG RATON INTERNATIONAL CO. LTD.
Company ADDRESS
Unit 805, 8/F., Grandtech Centre, 8 On Ping Street, Shatin, New Territories, Hong Kong.
PHONE: 2827 2876, 3162 6059
FAX: 2827 2001, 2827 2922
MANAGEMENT
Managing Director: Mr. Zhang Yun
SUMMARY
Incorporated on: 22nd March, 2006.
Organization: Private Limited Company.
Capital: Nominal: HK$10,000.00
Issued: HK$10,000.00
Business Category: Logistic Service Provider.
Turnover:- (6 months ended 30-06-2010)
RMB558,163,400.00 (Subject)
RMB620,997,327.52 (Group)
Employees: 20. (Subject in Hong Kong)
120. (Group)
Main Dealing Banker: Bank of China (Hong Kong) Ltd., Hong Kong.
Banking Relation: Satisfactory.
Company ADDRESS
Registered Head
Office:-
Unit 805, 8/F., Grandtech Centre, 8 On Ping Street, Shatin, New Territories, Hong Kong.
Holding Company:-
Shenzhen Prolto Supply Chain Management Co. Ltd., China.
Associated
Companies:-
Beihai Prolto Supply Chain Management Co. Ltd., China.
Shenzhen Prolto Electronic Commerce Co. Ltd., China.
Silver Talent International Ltd., Hong Kong.
Wuhan Prolto Supply Chain Management Co. Ltd., China.
Xinjiang Prolto International Business Co. Ltd., China.
BUSINESS REGISTRATION NUMBER
36567806
COMPANY FILE NUMBER
1032674
MANAGEMENT
Managing Director: Mr. Zhang Yun
CAPITAL
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$10,000.00
SHAREHOLDER
(As per registry
dated 22-03-2011)
|
Name |
|
No. of shares |
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Shenzhen Prolto Supply Chain Management Co. Ltd. Room 2003-2006, Excellence Building, Futian District, Shenzhen, China. |
|
10,000 ===== |
DIRECTOR
(As per registry dated
22-03-2011)
|
Name (Nationality) |
Address |
|
ZHANG Yun |
2701B, International Wenhua Mansion, Futian, Shenzhen, Guangdong, China. |
SECRETARY
(As per registry
dated 22-03-2011)
|
Name |
Address |
Co.
No. |
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ATA Corporate Formation & Management Ltd. |
Room 1001, 10/F., Fourseas Building, |
0768611 |
HISTORY
The subject was incorporated on 22nd March, 2006 as a private limited liability company under the Hong Kong Companies Ordinance.
Last time, the subject was located at Flat 12, 3/F., On Wui Centre, 25 Lok Yip Road, On Lok Chuen, Fanling, New Territories, Hong Kong, moved to the present with effect from 1st August, 2011.
Apart from these, neither material change nor amendment has been ever traced and noted.
OPERATIONS
Activities & Lines: Logistic Service Provider.
Employees: 20. (Subject in Hong Kong)
120. (Group)
Business Territories: Hong Kong, China, Southeast Asia, Europe, North America, etc.
Turnover:-
|
Period |
Subject |
Group |
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Year ended 31-12-2007 |
RMB643,497,800.00 |
RMB 699,818,114.83 |
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Year ended 31-12-2008 |
RMB904,847,700.00 |
RMB 975,087,563.11 |
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Year ended 31-12-2009 |
RMB961,594,300.00 |
RMB1,170,666,794.83 |
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6 months ended 30-06-2010 |
RMB558,163,400.00 |
RMB 620,997,327.52 |
Terms/Services: As per contracted.
FINANCIAL INFORMATION
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$10,000.00
Mortgage or Charge: (See attachment)
Net
Profit/(Loss):-
|
Period |
Subject |
Group |
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Year ended 31-12-2007 |
(RMB 245,200.00) |
RMB19,250,830.23 |
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Year ended 31-12-2008 |
(RMB 7,401,900.00) |
RMB17,561,125.57 |
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Year ended 31-12-2009 |
RMB29,155,600.00 |
RMB29,267,209.28 |
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6 months ended 30-06-2010 |
RMB 6,447,000.00 |
RMB20,080,655.56 |
Profit or Loss: Making a small profit in the past two years.
Condition: Keeping in a satisfactory manner.
Facilities: Making active use of general banking facilities.
Payment: Met trade commitments as required.
Commercial Morality: Satisfactory.
Bankers:-
· Bank of China (Hong Kong) Ltd., Hong Kong.
· Industrial & Commercial Bank of China (Asia) Ltd., Hong Kong.
· China Construction Bank Corporation, Hong Kong Branch.
· Standard Chartered Bank (Hong Kong) Ltd., Hong Kong.
Standing: Normal.
GENERAL
Hongkong Raton International Co. Ltd. is a wholly-owned subsidiary of Shenzhen Prolto Supply Chain Management Co. Ltd. [Shenzhen Prolto] which is a China-based firm. The only director of the subject Zhang Yun is a China ID holder. The subject is a logistic service provider, so does its holding company.
Established in December 2005, Shenzhen Prolto changed into limited liability company on 22nd October, 2009 after completed the shareholding reform. Shenzhen Prolto is dedicated to providing improvement programs as well as assistance in execution of supply chain on logistics, product flow, capital flow, information flow and work flow, and therefore providing integral supply chain services of links of the design and optimisation about supply chain programs, purchase and distribution, inventory management, settlement and custom logistics and auxiliary spurting of information system.
Presently, services of supply chain management are mainly for electronic information industry. With the further development, the business scopes of Shenzhen Prolto expands as well, including medical devices, agents of foods and red wine, together with import and export trade.
Currently, Shenzhen Prolto has developed into a leading company nationwide in the industry of supply chain management service. For years, Shenzhen Prolto operation revenues and net profits increase steadily, and its business has expanded from a single area of supply chain to modern diversified areas. Now, Shenzhen Prolto has three independent wholly-owned branch companies, Hong Kong Silver Talent International Ltd., Wuhan Prolto Supply Chain Management Co. Ltd. and Shenzhen Prolto Electronic Commerce Co. Ltd. — Yizhaike. Among the three, the establishment of Shenzhen Prolto Electronic Commerce Co. Ltd. — Yizhaike means that the company is entering the “B to C” area.
Shenzhen Prolto had the intention to be listed in Shenzhen Special Economic Zone. However, the poor economic conditions of the worldwide market made Shenzhen Prolto withdrew its IPO.
The subject is one of the branch companies of Shenzhen Prolto. Other branch companies are located in Beijing, Shanghai, Wuhan, Xinjiang, Beihai, etc.
The total employees of the Group is about 120 persons. The subject has about 20 employees in Hong Kong.
The annual sales turnover of the subject ranges from RMB900 to 1,000 million. Making a small profit in the past two years.
As the history of the subject is over five years and eight months in Hong Kong, on the whole, consider it good for normal business engagements.
MORTGAGE OR CHARGE
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Date |
Particulars |
Amount |
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24-04-2008 |
Instrument: Security over Deposit in respect of Obligations of the Depositor Property: By way of first fixed charge to the Chargee the account number 873530001586 and all deposits Mortgagee: Industrial & Commercial Bank of China (Asia) Ltd., Hong Kong. |
All monies and liabilities, present and future, actual or contingent |
|
30-03-2011 |
Instrument: Assignment Property: All the rights, title, interest, benefits and entitlement in and to the Contracts Mortgagee: China Construction Bank Corporation, Hong Kong Branch. |
To secure all of the obligations |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.40 |
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UK Pound |
1 |
Rs.83.32 |
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Euro |
1 |
Rs.70.44 |
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 |
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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.