MIRA
INFORM REPORT
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Report Date : |
30.12.2011 |
IDENTIFICATION DETAILS
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Name : |
XTRA INDUSTRIAL CORPORATION |
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Registered Office : |
5F.-2, No.11, Ln. 238, Siping Rd., Beitun Dist., Taichung City 40679 |
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Country : |
Taiwan |
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Date of Incorporation : |
30.05.1983 |
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Com. Reg. No.: |
9411150 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Exporter of hydraulic mobile cranes, hydraulic cylinders, hydraulic & mechanical presses, fording equipments, industrial moulds, 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 20,000 |
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Status : |
Small Company |
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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: |
+886-4-24224776 |
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Fax Number: |
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
Subject declined
to introduce its staff number.
History
Subject was incorporated on 1983-5-30 with registered
number 9411150 as Private
Limited Liability Company in Taiwan.
Shareholders
|
Name |
Subscription Amount |
|
Xiaozeng Ye |
5,000,000 |
The information
above is that of subject’s major shareholders.
Subsidiaries & Branches
Personnel Information
Core
Management
|
Name |
Xiaozeng Ye |
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Position |
Director |
Operation Information
Offices
& Factories
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Headquarters |
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Add |
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Production
Information
l
Subject is a trader of hydraulic mobile cranes, hydraulic cylinders, hydraulic & mechanical
presses, fording equipments, industrial moulds, etc. without any
production activities.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
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1 |
Manufacture, process and trading of Hardware
parts of the mold automobile parts motorcycle parts machinery parts, etc. |
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2 |
Items on the business of
import and export and agency tender offer domestic and foreign manufacturers
and product distribution business |
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F106010 |
Wholesales of hardware |
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F106030 |
Wholesales of moulds |
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F113010 |
Wholesales of machinery |
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F114030 |
Wholesales of automobile and motorcycle parts, etc. |
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F401010 |
International trade |
Besides licensed business, all other business items those are not banned
or restricted.
l
The products are purchased from domestic.
l
The subject is mainly engaged in sales of hydraulic mobile cranes, hydraulic cylinders,
hydraulic & mechanical presses, fording equipments, industrial moulds, etc.
l
Subject’s selling territory is foreign markets.
l
Subject also provides services, which include free
consultancy of solutions, customized design and manufacture, on-site
installation and training program.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase
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Payment Terms |
Proportion |
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Industrial equipments |
COD, CBD, etc. |
100% |
Foreign Purchase
Notes: Subject seldom imports.
Sales
Domestic Markets
Notes: Subject seldom sells to domestic markets.
Export
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Sales Terms |
Proportion |
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Industrial equipments |
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. Ye 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
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Name |
Mr. Ye |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.53.36 |
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1 |
Rs.82.51 |
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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 |
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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.