MIRA INFORM REPORT
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Report Date : |
23.06.2011 |
IDENTIFICATION DETAILS
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Name : |
POWERTRONICS CO., LTD. |
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Registered Office : |
10F., NO.205-2, SEC. 3, Beixin Rd., Xindian Dist., New Taipei City 231, Taiwan (R.O.C.) |
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Country : |
Taiwan |
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Date of Incorporation : |
26.01.1996 |
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Com. Reg. No.: |
96932086 |
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Legal Form : |
Stock Joint Company |
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Line of Business : |
Trading of IGBT, Diode, Relay, Sernsor, Formex, Termalpad,
Connectors, Socket, Plug, Bus Bar, Wire |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
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 80,000 |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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
Notes: The exact address is as above.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Company
Identification Details
History
Subject was incorporated on
Shareholders
|
Subscription Shares |
|
|
Guohua Liu |
3,320,998 |
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|
|
|
173,001 |
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Zhengxiong Lai |
2,889,997 |
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Ruixiang Qiu |
2,312,000 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Branch Companies
in Taiwan
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1 |
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Name |
Kaohsiung Branch |
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Registration
Number |
70849936 |
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Date of
Registration |
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Status |
Active |
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Manager Name |
Guohua Liu |
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Address: |
No. 5-2, Dongliu
Street, Export Processing Zone Kaohsiung, Cianjhen District, Kaohsiung |
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Name |
Taoyuan Branch |
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Registration
Number |
28168198 |
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Date of
Registration |
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Status |
Active |
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Manager Name |
Guohua Liu |
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Address: |
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Brach Companies in the Mainland China
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Address: |
Room 418, 4thFloor, No. 110, Futian Area East Block,
Guang Ye Building, Fu Hua Road, Shen Zhen City, China |
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+86-755-8981-1108 |
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Fax: |
+86-755-8398-3707 |
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2 |
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Address: |
No. 11, Alley
980, Shilong Road, Xuhui District, Shang Hai City, China |
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+86-21-6090-0111 |
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Fax: |
+86-21-6090-0222 |
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3 |
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Address: |
Room |
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Tel: |
+86-10-51003731/86-10-51003732 |
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Fax: |
+86-10-51003730 |
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4 |
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Address: |
Room 7 , 16th
Floor ,Three Unit, Xi Chen Tian Xia Building, Shu Han Road , Jin Niu
District, Chendou City, Sichuan Province , China. |
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Tel: |
+86-28-6199-8510/
6199-8511/ 6199-8512 |
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Fax: |
+86-28-61998513 |
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5 |
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Address: |
Unit 8, 4th Floor,
Kinglet Industrial Building, No.21~23, Shing Wan Rd. Shatin, N.T., Hong Kong |
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Tel: |
+852-3176 -5166 |
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Fax: |
+852-28-3176
-5216 |
Personnel
Information
Core
Management
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1 |
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Name |
Guohua Liu |
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Position |
Board Chairman |
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2 |
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Name |
Guomin Liu |
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Position |
Director |
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3 |
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Name |
Zhengxiong Lai |
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Position |
Director |
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4 |
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Name |
Ruixiang Qiu |
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Position |
Supervisor |
Personnel
Structure
|
Total Employees |
About 100 Employees |
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 Accessories for Electrical Welding Apparatus,
Electronic Concepts, Connectors for Electric Vehicles, Current Sensor, Model
Review of High Current Product Group, Connector System for Photovoltaic, ITW
Clip, Phase Chang Pad P4/Lga775 Clip Pushpin, ITW Switch, ITW Pancon,
Multi-Contact, Panduit, Tyco, Fujitsu Battery, Furugaw Battery" with
operations in mainland China, Taiwan.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
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CB01010 |
Manufacture of machinery and equipment |
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CB01020 |
Manufacture of office machinery |
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CB01990 |
Manufacture of other machinery |
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CC01010 |
Manufacture of generation, transmission,
distribution machinery |
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CC01020 |
Manufacture of wire and cable |
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CC01030 |
Manufacture of electrical and audio-visual
electronic products |
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CC01040 |
Manufacture of lighting equipment |
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CC01060 |
Manufacture of wired communication machinery and
equipment |
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CC01070 |
Manufacture of wireless communication machinery and
equipment |
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CC01080 |
Manufacture of electronic components |
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CC01090 |
Manufacture of battery |
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CC01110 |
Manufacture of computer and
peripheral equipment |
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CC01120 |
Manufacturing and Reproduction of data Storage
Media |
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CC01990 |
Manufacture of other electrical and
electronic machinery and equipment |
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CE01010 |
Manufacture of general equipment |
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CE01030 |
Manufacture of optical instruments |
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CP01010 |
Manufacture of hand tools |
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E701030 |
Engineering of installation of telecommunications
equipment, control of radio frequency |
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EZ05010 |
Engineering of instruments, meters, installation |
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F113030 |
Wholesale of precision
Instrument |
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F113050 |
Wholesale of computer equipment
and transactional equipment |
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F113070 |
Wholesale of telecommunications equipment |
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F113110 |
Wholesale of battery |
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F113990 |
Wholesale of electronic materials |
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F116010 |
Wholesale of photographic equipment |
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F118010 |
Wholesale of information software |
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F119010 |
Wholesale of electronic Materials |
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F213010 |
Retail of electrical appliances |
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F213030 |
Retail of computer equipment and transactional
equipment |
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F213040 |
Retail of precision instruments |
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F213050 |
Retail of Measurement device |
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F213060 |
Retail of telecom equipment |
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F213080 |
Retail of mechanical appliances |
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F213110 |
Retail of battery |
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F213990 |
Retail of other mechanical appliances |
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F219010 |
Retail of electronic materials |
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F401010 |
International Trade |
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JA02010 |
Repair of electrical and electronic products |
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JB01010 |
Services of convention and exhibition |
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I301010 |
Services of information software |
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F112040 |
Wholesale of petroleum products |
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F212050 |
Retail of petroleum products |
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G801010 |
Warehousing |
Besides licensed business, all other business items those are not banned
or restricted.
l
The components and raw material for production are mostly
purchased from abroad.
l
Subject is mainly engaged in supplying the power
and electronics components.
l
Subject is also involved in Thermal Interface
Material, CPU Clip, Screws, Thermal Grease, Connector, Switch, Cable Assembly, Sorbent
Product, Resistor, Hall Current Sensor, IGBT Module, Diode, Alkaline Dry
Battery, Rechargeable Battery, Li Button Battery, LED & Light Pipe, and
Automotive-Engine Oil.
l
Subject’s selling territory
is all over the world.
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Settlements
Purchase
Domestic Purchase (Taiwan and Mainland, China)
Subject seldom purchases from the domestic market.
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
IGBT, Diode, Relay, SERNSOR, FORMEX, TERMALPAD,
Connectors, Socket, Plug, Bus Bar, Wire. |
100% |
Sales
Domestic Markets (Taiwan, and Mainland China)
|
Sales Terms |
Proportion |
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|
IGBT, Diode, Relay, SERNSOR, FORMEX, TERMALPAD,
Connectors, Socket, Plug, Bus Bar, Wire. |
CBD, etc |
100% |
Export
|
Sales Terms |
Proportion |
|
|
IGBT, Diode, Relay, SERNSOR, FORMEX, TERMALPAD,
Connectors, Socket, Plug, Bus Bar, Wire. |
T.T in advance, etc. |
100% |
Notes: Subject’s settlement for export is generally in USD
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 Ms Liu declined to disclose
its financials citing the grounds of company’s confidentiality; from other
source we can not obtain the relevant information, either.
Bankers
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 |
Ms Liu |
|
E-mail |
antina.liu@powertronics.com.tw |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.82 |
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UK Pound |
1 |
Rs.72.84 |
|
Euro |
1 |
Rs.64.58 |
RATING EXPLANATIONS
|
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.