MIRA INFORM REPORT

 

 

Report Date :           

11.03.2011

 

IDENTIFICATION DETAILS

 

Name :

CHIF INT'L CO LTD

 

 

Registered Office :

 6Fl-4 Sun Plaza 57 Fu Hsing North Rd Sungshan Dist Taipei City 105 

 

 

Country :

Taiwan

 

 

Date of Incorporation :

03.07.2001

 

 

Com. Reg. No.:

12830136 

 

 

Legal Form :

Private Company With Limited Liability

 

 

Line of Business :

distribution of computer products

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

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 – December 31, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

Taiwan

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address            

 

CHIF INT'L CO LTD

RM 415 NANKANG SOFTWARE PARK-BLDG E 19-13 SAN CHUNG RD,

NANKANG DIST, TAIPEI CITY 115, TAIWAN

TEL: 886-2-37895139   FAX: 886-2-26552019

 

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE            : JULY 3, 2001

REGISTRATION NO.                  : 12830136 

LEGAL FORM                           : PRIVATE COMPANY WITH LIMITED LIABILITY

CHIEF EXECUTIVE                    : MR. CHIN-CHUAN CHANG (CHAIRMAN)

STAFF STRENGTH                    : 100

PAID-UP CAPITAL                     : NTD 38,000,000

BUSINESS LINE                        : TRADER

TURNOVER                              : N/A (AS OF DEC. 31, 2009)

EQUITIES                                 : N/A (AS OF DEC. 31, 2009)

PAYMENT                                : FAIR

RECOMM. CREDIT RANGE       : SMALL AMOUNT

MARKET CONDITION                : AVERAGE

FINANCIAL CONDITION             : N/A

OPERATIONAL TREND              : STEADY

GENERAL REPUTATION           : AVERAGE

EXCHANGE RATE                     : TWD 29.37727 = US$1

 

 

Adopted abbreviations

 

ANS - amount not stated           

NS - not stated 

SC - subject company (the company inquired by you)

NA - not available          

M - million        

TWD –Taiwan New Dollars

 

 

 

 

 


Rounded Rectangle: HISTORY

 

 

 


Registered Legal Address: 6Fl-4 Sun Plaza 57 Fu Hsing North Rd Sungshan Dist Taipei City 105 

 

Previous Name: CHF INT'L CO LTD

 

*Company Name*

=============

Incorporated as            : CHF INT'L CO LTD

Date of incorporation  : 3 July, 2001

Changed name to         : CHIF INT'L CO LTD 

 

*Company Registration*

===================

License number     : 12830136

Date issued            : 3 July, 2001

Issuing authority  : Ministry of Economic Affairs

Type of license     : A company owned by shareholders, incorporated with limited liability and confirmed with the respective Government authorities to legally exist.

 

*CAPITAL (Currency: NTD)

======================

Authorized Capital: 38,000,000

Paid-up Capital: 38,000,000

 

*Registered Office*

==============

Although the company is operating its main business from the address listed above, the actual business license is legally registered at the following address:

 

Address: 6Fl-4 Sun Plaza 57 Fu Hsing North Rd, Sungshan Dist, Taipei City 105

 

*Office & Facilities*

================

Type of building: Commercial

 

Note: We were unable to find any reference of the supplied address on any local. The above address as reflected on our report was confirmed to be its current registered/operating address.

 

Rounded Rectangle: WEB SITE 

 

 

 


www.chif.com.tw The design is professional and the content is well organized. At present it is in Chinese, Japanese and English versions.

 

E-mail: service@chif.com.tw

 

 

Rounded Rectangle: LITIGATION 

 

 


For the past two years there is no record of litigation.

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


*Major Shareholders*

================

Shareholders' Name               No. of Shares                 

--------------------------               ------------------        

Mr. Chin-Chuan Chang              1,255,000             

Mr. Ching-Chung Huang              200,000        

Mr. Hsueh-Chin Chang                 150,000             

Mr. Chih-Chung Huang                  50,000 

 

 

Rounded Rectangle: MANAGEMENT 

 

 


SC’s management details are not available at present.

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


*Main Products & Services*

=====================

Specializes in distribution of computer products.

 

Products: Computer products 

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


SC is not known to have any subsidiary at present.

 

Rounded Rectangle: PAYMENT HISTORY 

 

 


PAYMENT RATING       : 4               OBTAINED SCORES          : 45

Rating Key

Implication

Implications

1

Scores 85–100

Excellent

2

Scores 75 – 84

Above Average

3

Scores 50 – 74

Average

4

Scores 35 – 49

Fair

5

Scores 15 – 34

Below Average

6

Scores 01 – 14

Poor

NR

No Data

No Data

The rating indicates the payment pattern of SC based upon our Payment Database, comments from suppliers of SC, information from banks (if available), as well as industrial sources.

 

Dealings on open terms may be possible for SMALL amounts depending on individual judgement experience.

 

 

Rounded Rectangle: FINANCIAL HIGHLIGHTS 

 

 


SC’s financial details are not available at present.

 

 

Rounded Rectangle: REMARKS 

 

 


SC is considered medium-sized in its line with an acceptable base to come into credit dealings of small amount.

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Code    Product/Service Description

Trading              3577     Computer peripheral equipment, and parts,

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Code    Product/Service Description

Trading              8471     Automatic data process machines; magn reader, etc. computer hardware


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.11

UK Pound

1

Rs.72.91

Euro

1

Rs.62.56

 

 

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

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.