MIRA INFORM REPORT
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Report Date : |
21.12.2011 |
IDENTIFICATION DETAILS
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Name : |
HONG SHENG MEDICAL INSTRUMENTS CO. |
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Registered Office : |
No.51-1, LN. 103, Sec.
1, Xinsheng S. Rd., Da-An Dist., Taipei City 10652 |
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Country : |
Taiwan |
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Date of Incorporation : |
26.05.1987 |
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Com. Reg. No.: |
22458635 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Trader of medical instrument, etc. |
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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 10,000 |
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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 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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: |
Hong Sheng Medical Instruments Co. |
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Supplied Name: |
Hong Sheng Medical Instruments Co |
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Trading Address: |
No.51-1, LN. 103, Sec. 1, Xinsheng S. Rd., Da-An Dist., Taipei City
10652, Taiwan (R.O.C.) |
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Supplied Address: |
1F No. 51-1 LN 103 Sec 1 Xincheng S Rd Da An Dist. Tpe City, Taiwan |
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Telephone Number: |
+886-2-27782222 |
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Fax Number: |
+886-2-27783131 |
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E-mail: |
Notes: The exact subject’s address is as above mentioned.
Credit
Summary
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Credit Rating: |
|
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Credit Opinion: |
Company
Identification Details
Notes: Subject declined to introduce its staff number.
History
Subject was incorporated on 1987-5-26 with registered
number 22458635 as Private
Limited Liability Company in Taiwan.
Shareholders
|
Name |
Subscription Amount |
|
Yiwen Liao |
750,000 |
The information above is that of subject’s major shareholders.
Personnel
Information
Core
Management
|
Name |
Yiwen Liao |
|
Position |
Director |
Operation
Information
Offices
& Factories
|
|
Headquarters |
|
Add |
No.51-1, LN. 103, Sec. 1, Xinsheng S. Rd., Da-An Dist., Taipei City
10652, Taiwan (R.O.C.) |
Production
Information
l
Subject is a trader of medical instrument, etc.
without any production activities.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
1 |
Trader of Various physical and
chemical testing equipment, scientific glass Affairs health care equipment |
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2 |
Trader of Stainless steel
equipment, instruments and equipment |
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3 |
Agents of foreign
manufacturers of the product distribution business (futures bid price
except) |
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4 |
Import and export of above mentioned products |
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F401171 |
Wine importer |
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F102030 |
Wholesales of tobacco and
alcohol |
Besides licensed business, all other business items those are not banned
or restricted.
l
The products are purchased from Germany.
l
The subject has a proportion
of 100% for Import
l
The subject is engaged in sales of medical
instrument, etc.
l
Subject’s medical instruments include Bipolar Scissors, Laryngologists, Container
System, Arthroscopy, Ophthalmology, Otology, etc.
l
Subject’s selling
territory is 100% domestic markets (Taiwan).
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase
Notes: Subject seldom purchases from domestic markets.
|
Payment Terms |
Proportion |
|
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Medical instrument, etc. |
CBD, etc. |
100% |
Sales
Domestic Markets (Taiwan)
|
Sales Terms |
Proportion |
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Medical instrument, etc. |
COD, CBD, etc. |
100% |
Export
Notes: Subject seldom exports.
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.
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
|
Interview Date |
2011-12-21 |
Notes: The woman who answered the telephone declined to introduce her name.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.03 |
|
UK Pound |
1 |
Rs.82.34 |
|
Euro |
1 |
Rs.68.99 |
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 |
|
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 |
---- |
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.