MIRA INFORM
REPORT
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Report Date : |
23.07.2011 |
IDENTIFICATION DETAILS
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Name : |
TCL OVERSEAS MARKETING LTD |
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Registered Office : |
13Fl TCL Tower 8 Tai Chung Rd, Tsuen Wan, New Territories |
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Country : |
Hong Kong |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Manufacturing Machinery, Apparatus, and Supplies for the
generation, storage, transmission, transformation, and utilization of electrical
energy |
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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Status : |
Moderate |
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Payment
Behaviour : |
Usually Correct |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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 & address
Tcl Overseas Marketing Ltd
13Fl TCL Tower 8 Tai Chung Rd
Tsuen Wan
New Territories,
Hong Kong
Tel: 852-24377300
Fax: 852-24058400
Web www.tclhk.com
Synthesis
Employees: 10
Company Type: Private Subsidiary
Corporate Family: 9
Companies
Ultimate Parent: TCL
Corporation
Auditor: Ernst & Young
Reporting Currency: US
Dollar
Annual Sales: NA
Total Assets: NA
Business Description
This major group
includes establishments engaged in manufacturing machinery, apparatus, and
supplies for the generation, storage, transmission, transformation, and
utilization of electrical energy. Included are the manufacturing of electricity
distribution equipment; electrical industrial apparatus; household appliances;
electrical lighting and wiring equipment; radio and television receiving
equipment; communications equipment; electronic components and accessories; and
other electrical equipment and supplies. The manufacture of household
appliances is included in this group.
Industry
Industry Miscellaneous Capital
Goods
ANZSIC 2006: 243 - Electrical
Equipment Manufacturing
NACE 2002: 31 - Manufacture
of Electrical Machinery and Apparatus Not Elsewhere Classified
NAICS 2002: 335 - Electrical
Equipment, Appliance, and Component Manufacturing
UK SIC 2003: 31 - Manufacture
of Electrical Machinery and Apparatus Not Elsewhere Classified
US SIC 1987: 36 - Electronic
and Other Electrical Equipment and Components, Except Computer Equipment
Key Executives
Name Title
Wan-wen Shi Company
Director .
1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
Location
13Fl TCL Tower 8 Tai Chung Rd
Tsuen Wan
New Territories, Hong Kong
Tel: 852-24377300
Fax: 852-24058400
Web www.tclhk.com
Sales USD(mil): NA
Assets USD(mil): NA
Employees: 10
Industry: Miscellaneous
Capital Goods
Company Type: Private
Subsidiary
Quoted Status: Not
Quoted
Contents
· Industry Codes
· Business Description
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
2429 - Other Electronic Equipment Manufacturing
243 - Electrical Equipment Manufacturing
NACE 2002 Codes:
3230 - Manufacture of television and radio receivers, sound or
video recording or reproducing apparatus and associated goods
31 - Manufacture of Electrical Machinery
and Apparatus Not Elsewhere Classified
NAICS 2002 Codes:
334310 - Audio and Video Equipment Manufacturing
335 - Electrical Equipment, Appliance, and Component Manufacturing
US SIC 1987:
36 - Electronic and Other Electrical
Equipment and Components, Except Computer Equipment
3651 - Household Audio and Video Equipment
UK SIC 2003:
31 - Manufacture of Electrical Machinery
and Apparatus Not Elsewhere Classified
3230 - Manufacture of television and radio receivers, sound or
video recording or reproducing apparatus and associated goods
Business
Description
This major group
includes establishments engaged in manufacturing machinery, apparatus, and
supplies for the generation, storage, transmission, transformation, and
utilization of electrical energy. Included are the manufacturing of electricity
distribution equipment; electrical industrial apparatus; household appliances;
electrical lighting and wiring equipment; radio and television receiving
equipment; communications equipment; electronic components and accessories; and
other electrical equipment and supplies. The manufacture of household
appliances is included in this group.
Key Corporate
Relationships
Auditor: Ernst & Young
Auditor: Ernst & Young
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Corporate Family |
Corporate Structure News: |
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Total Corporate Family Members: 9 |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Hui Zhou |
China |
Audio and Video Equipment |
7,662.9 |
51,673 |
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Subsidiary |
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Hong Kong |
Electronic Instruments and Controls |
3,468.8 |
27,103 |
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Subsidiary |
New Territories, New Territories |
Hong Kong |
Miscellaneous Capital Goods |
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10 |
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Subsidiary |
Bangkok, Bangkok |
Thailand |
Computer Storage Devices |
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Subsidiary |
Shenzhen |
China |
Communications Equipment |
1,120.0 |
7,600 |
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Subsidiary |
Huizhou City, Guang Dong |
China |
Communications Services |
36.9 |
1,000 |
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Subsidiary |
Hong Kong |
Hong Kong |
Communications Services |
1.0 |
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Subsidiary |
Zhongshan City, Guang Dong |
China |
Miscellaneous Capital Goods |
274.1 |
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Subsidiary |
Guangdong |
China |
Appliance and Tool |
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Executive
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Company Director |
Other |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.38 |
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UK Pound |
1 |
Rs.72.34 |
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Euro |
1 |
Rs.63.87 |
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.