MIRA INFORM REPORT
|
Report Date : |
10.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
ARRIES STEEL MOULD CO., LTD. |
|
|
|
|
Registered Office : |
No.8, Lane 227, Sec.3, Yong Ping Rd., Taiping Dist.,
Taichung City 411 |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
14.06.2001 |
|
|
|
|
Com. Reg. No.: |
12821312 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
Export of mould |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 10,000 |
|
Status : |
Small Company |
|
Payment
Behaviour : |
No Complaints |
|
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) |
|
Taiwan |
a2 |
a2 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Contact Points
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
No.8, Lane 227, Sec.3, Yong Ping Rd.,
Taiping Dist., Taichung City 411, Taiwan (R.O.C.) |
|
Supplied Address: |
No. 8 Lane 227
Sec 3, Yong Ping Road, Taiping City Jaiching Taiwan |
|
Telephone Number: |
|
|
Fax Number: |
Credit Summary
|
Credit Rating: |
|
|
Credit Opinion: |
Company Identification Details
|
Registered Name: |
|
|
Registered
Address: |
No.8, Lane 227, Sec.3, Yong Ping Rd.,
Taiping Dist., Taichung City 411, Taiwan (R.O.C.) |
|
Date of
Foundation: |
|
|
Registration
Number: |
|
|
Registry: |
MOEA Central Office |
|
Registered
Capital: |
NTD 5,000,000 (USD 172,500) |
|
Legal
Representatives: |
|
|
Legal Form: |
|
|
Principal
Activities: |
|
|
Staff: |
|
|
Listed at Stock Exchange: |
|
|
Date of Last Annual Return: |
History
Subject was
incorporated on
Shareholders
|
Name |
Subscription
Amount |
|
2,500,000 |
Notes: The information above is that of subject’s
major shareholders.
Subsidiaries
& Branches
Subject did not register any subsidiaries or branches,
from other source we can not obtain the relevant information, either.
Personnel Information
Core Management
|
Name |
Zhengji Luo |
|
Position |
Director |
Personnel Structure
|
Total Employees |
About 11 Employees |
Operation Information
Offices & Factories
|
|
Headquarters
|
|
Add |
No.8, Lane 227, Sec.3,
Yong Ping Rd., Taiping Dist., Taichung City 411, Taiwan (R.O.C.) |
Production Information
l
Subject
produces mould.
l
The
subject purchases in Taiwan.
Purchase Information
l
The
registered activities of subject:
|
Business Code |
Details
|
|
CQ01010 |
|
|
CA02030 |
Manufacturing
of screw, screw cap, rivet, etc |
|
F106010 |
wholesale
of hardware |
|
F106030 |
Wholesale
of mould |
|
F401010 |
International
trade |
|
C805030 |
|
|
C805990 |
Manufacturing
of other plastics products |
|
ZZ99999 |
Besides licensed business, all other business
items those are not banned or restricted. |
l
The raw material
for production is mostly purchased from Taiwan.
l
The
subject is mainly engaged in sales of mould.
l
The
subject sells products to foreign countries such as India, European countries,
etc.
Import and export right:
|
Import
right |
Yes |
|
Export
right |
Yes |
Settlements
Purchase
Domestic
Purchase (Taiwan and Mainland, China)
|
Payment
Terms |
Proportion |
|
|
Raw
materials |
100% |
Foreign
Purchase
The subject seldom
purchases from foreign markets.
Sales
Domestic
Markets (Taiwan)
The subject seldom
sells in domestic markets.
Export
|
Sales
Terms |
Proportion |
|
|
Mould |
CBD,
etc |
100% |
Financial Information
|
Year |
Sales |
|
2010 |
NTD 50,000,000 (USD 1,725,000) |
(As of 2011.04, 1 NTD = 0.0345 USD)
Bankers
|
Taiwan Bank |
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. Luo |
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.72 |
|
UK Pound |
1 |
Rs.73.47 |
|
Euro |
1 |
Rs.65.38 |
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 |
|
---- |
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.