MIRA
INFORM REPORT
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Report Date : |
04.05.2011 |
IDENTIFICATION DETAILS
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Name : |
SHIBAO INTERNATIONAL CO., LTD. |
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Registered Office : |
1F., No.39, Ln. 113, Sec. 3, Minsheng E. Rd., Songshan Dist., Taipei City 10556, Taiwan (R.O.C.) |
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Country : |
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Date of Incorporation : |
05.05.2004 |
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Com. Reg. No.: |
27315995 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Import and export of cowhide |
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 5,000 |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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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
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Company Identification Details
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Registered Name: |
Shibao
International Co., Ltd. |
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Registered Address: |
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Date of Foundation: |
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Registration Number: |
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Registry: |
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Registered Capital: |
NTD 1,000,000 (USD 34,500) (As of 2011.04,
1 NTD = 0.0345 USD) |
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Legal Representatives: |
Sulan Zhou |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock
Exchange: |
History
Subject was incorporated on
Shareholders
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Name |
Subscription Amount |
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300,000 |
Personnel Information
Core
Management
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1 |
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Name |
Sulan Zhou |
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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 cowhide without any
production.
Purchase
Information
l
The registered activities of subject:
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Business Code |
Details |
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F104020 |
Wholesale of hand-me-down |
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F104030 |
Wholesale of shoes |
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F104040 |
Wholesale of portfolio, reticule,
leather suitcase |
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F104050 |
Wholesale of furnishing |
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F401010 |
International Trade |
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I301010 |
Information software service
trade |
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I301020 |
Data deal service
trade |
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I301030 |
Electronic information supply
service trade |
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I103010 |
Operate management
consultant |
l
The subject purchases cowhide
from foreign countries.
l
The subject is mainly engaged in sales of cowhide.
l
The subject sells cowhide
to foreign countries.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase (
The subject seldom purchases from domestic markets.
Foreign Purchase
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Payment Terms |
Proportion |
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Sales
Domestic Markets (
The subject
seldom sells products in domestic markets.
Export
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Sales Terms |
Proportion |
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Cowhide |
CBD, etc |
100% |
Financial Information
Subject has no obligations to disclose its financial statements to the
third party according to the relevant policy in
Subject’s relevant staff declined to disclose its financials citing the
grounds of company’s confidentiality; from other source we can not obtain the
relevant information, either.
Bankers
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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.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.34 |
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1 |
Rs.73.69 |
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Euro |
1 |
Rs.65.75 |
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.