MIRA INFORM REPORT
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Report Date : |
27.12.2011 |
IDENTIFICATION DETAILS
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Name : |
TAIWAN NJC CORPORATION |
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Registered Office : |
No.45, Chung-Cheng Rd., Ming-Hsiung Industrial Park, Chia-Yi County |
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Country : |
Taiwan |
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Date of Incorporation : |
07.02.1990 |
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Com. Reg. No.: |
23527245 |
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Legal Form : |
Overseas Company |
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Line of Business : |
Manufacture and trader of amide, betaine, tertiary amine oxide,
phosphate-type surfactants, etc |
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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 |
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Maximum Credit Limit : |
USD 30,000 |
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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 |
|
Risk Category |
ECGC
Classification |
|
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: |
Taiwan NJC Corporation |
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Supplied Name: |
Taiwan NJC Corporation |
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Trading Address: |
No.45, Chung-Cheng Rd., Ming-Hsiung Industrial Park, Chia-Yi
County,Taiwan, R.O.C. |
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Supplied Address: |
No. 45, Chung-Cheng Road, Ming-Hsiung Industrial Park, ming Hsiung,
Chia-Yi Hsien, Taiwan |
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Telephone Number: |
+886-5-2219900 |
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Fax Number: |
+886-5-2216515 |
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E-mail: |
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 1990-2-7 with registered
number 23527245 as Overseas Company in Taiwan.
Awards
|
Year |
Awards |
|
2008 |
Blue chip
importer and exporter |
|
2009 |
Blue chip
importer and exporter |
|
2010 |
Blue chip
importer and exporter |
Standard of Blue
chip importer and exporter
Unit: USD
|
Year |
Amount |
|
2007 |
19,000,000 |
|
2008 |
15,000,000 |
|
2009 |
20,000,000 |
Shareholders
|
Name |
Subscription Shares |
|
6,330,421 |
|
| Wantailang Tengben |
17,668,872 |
|
Zhiyu Zhang |
6,330,421 |
|
Yiyan Chen |
1,395,708 |
|
Shenzhi Jiateng |
17,668,872 |
|
Lin Li |
17,668,872 |
|
Zhihong Chen |
235,996 |
The information
above is that of subject’s major shareholders.
Personnel
Information
Core
Management
|
1 |
|
|
Name |
Jingtan Chen |
|
Position |
|
|
2 |
|
|
Name |
Wantailang Tengben |
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Position |
Vice- Chairman |
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3 |
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Name |
Zhiyu Zhang |
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Position |
Director |
|
4 |
|
|
Name |
Yiyan Chen |
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Position |
Director |
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5 |
|
|
Name |
Shenzhi Jiateng |
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Position |
Director |
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6 |
|
|
Name |
Lin Li |
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Position |
Supervisor |
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7 |
|
|
Name |
Zhihong Chen |
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Position |
Supervisor |
Operation
Information
Offices
& Factories
|
|
Headquarters |
|
Add |
No.45, Chung-Cheng Rd., Ming-Hsiung Industrial Park, Chia-Yi
County,Taiwan, R.O.C. |
Production
Information
l
Subject produces amide, betaine, tertiary amine oxide, phosphate-type surfactants, etc.
l
Subject has factories in Taiwan and Malaysia, etc.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
C801010 |
Basic Chemical Industry |
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C802090 |
Cleaning supplies
manufacturing |
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C802100 |
Cosmetics industry |
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C802120 |
Additive manufacturing
industry |
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C805030 |
Plastic commodity
manufacturing |
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C805070 |
Reinforced plastic products
manufacturing |
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C805990 |
Other plastic products
manufacturing |
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C803021 |
Ethanol and biodiesel fuel
and recycling of waste oil and other renewable energy generation industry |
|
A101020 |
Crop growing industry |
|
A101030 |
Special crops growing
industry |
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A102060 |
Food business |
|
C105010 |
Edible oils and fats
industry |
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C106010 |
Milling industry |
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J101090 |
Waste Disposal Industry |
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ZZ99999 |
Besides licensed business,
all other business items those are not banned or restricted |
Besides licensed business, all other business items those are not banned
or restricted.
l
The raw material for production is purchased from
domestic and abroad.
l
The subject has a
proportion of 50% for Import
l
The subject is mainly engaged in trading of amide, betaine, tertiary amine oxide,
phosphate-type surfactants, etc.
l
Subject
has both domestic and foreign markets.
l
Subject can export to
countries where they have an office.
l
The subject has a
proportion of 50% for export.
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Settlements
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
Raw material |
CBD, COD, etc. |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
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|
Raw material |
CBD, COD, etc. |
100% |
Sales
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Amide, betaine,
tertiary amine oxide, phosphate-type surfactants, etc. |
CBD, etc. |
100% |
Export
|
Sales Terms |
Proportion |
|
|
Amide, betaine,
tertiary amine oxide, phosphate-type surfactants, etc. |
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. Guo 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 |
Mr. Guo |
|
E-mail |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.82 |
|
UK Pound |
1 |
Rs.82.07 |
|
Euro |
1 |
Rs.68.93 |
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 |
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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.