MIRA INFORM REPORT
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Report Date : |
29.11.2011 |
IDENTIFICATION DETAILS
|
Name : |
BEANSUM CO., LTD. |
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Registered Office : |
No.6, Wu Chuan 5th Rd.,
Wugu Dist., New Taipei City 248 |
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Country : |
Taiwan |
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Date of Incorporation : |
23.06.1987 |
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Com. Reg. No.: |
22468253 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Import and sales
of peanuts, beans, kinds of starch, kelp, sesame, etc. |
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No. of Employees
: |
50 Persons |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 10,000 |
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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Taiwan |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
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High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Contact
Points
|
Company Name: |
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Supplied Name: |
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Trading Address: |
No.6, Wu Chuan 5th Rd., Wugu Dist., New
Taipei City 248, Taiwan (R.O.C.) |
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Supplied Address: |
#6, Wuku Industrial Park, 6 Wu Kung 5th
Road, Wuku Hsisn, Taipei |
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Telephone Number: |
+886-2-22991677 |
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Fax Number: |
Notes: The exact subject’s name and address are as above mentioned.
Credit
Summary
|
Credit Rating: |
|
|
Credit Opinion: |
Company
Identification Details
History
Subject was incorporated on 1987-6-23 with registered
number 22468253 as Private
Limited Liability Company in Taiwan.
Shareholders
|
Name |
Subscription Shares |
|
Wu Zhiming |
6,820,000 |
|
Zhuang Ruiyun |
|
|
1,980,000 |
|
|
Wu Yici |
200,000 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Personnel
Information
Core
Management
|
1 |
|
|
Name |
Wu Zhiming |
|
Position |
Chairman |
|
2 |
|
|
Name |
Zhuang Ruiyun |
|
Position |
Director |
|
3 |
|
|
Name |
Wu Yirou |
|
Position |
Director |
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4 |
|
|
Name |
Wu Yici |
|
Position |
Director |
Personnel
Structure
|
Total Employees |
About 50 employees |
Operation
Information
Offices
& Factories
|
|
Headquarters |
|
Add |
No.6, Wu Chuan 5th Rd., Wugu Dist., New Taipei City 248, Taiwan
(R.O.C.) |
Production
Information
l
Subject is a trader of peanuts, beans, kinds of starch, kelp, sesame, etc. without any
production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
A102060 |
Food business |
|
F101990 |
Wholesaling of other agricultural product, animal
product, sea product |
|
F102170 |
Wholesaling of food goods |
|
F108011 |
Wholesaling of traditional Chinese medicine |
|
F201990 |
Retailing of other agricultural product, animal
product, sea product |
|
F203010 |
Retailing of food goods |
|
F208011 |
Retailing of traditional Chinese medicine |
|
G801010 |
Warehousing |
|
JA02990 |
Other repair industry |
|
A102020 |
Process of agriculture product |
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C199040 |
Manufacture of bean products |
Besides licensed business, all other business items those are not banned
or restricted.
l
The products for sales are mostly purchased from
abroad.
l
The subject has a
proportion of 50% for Import
l
The subject is mainly engaged in sales of peanuts, beans, kinds of starch, kelp,
sesame, etc.
l
The subject’s selling
territory is 100% local area.
l
The subject seldom exports.
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Settlements
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
Peanuts |
COD, etc. |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Kelp, sesame, etc. |
CBD, etc. |
100% |
Sales
Domestic Markets (Taiwan)
|
Sales Terms |
Proportion |
|
|
Peanuts, beans, kinds
of starch, kelp, sesame, etc. |
COD, etc. |
100% |
Export
Notes: Subject seldom exports.
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 Mr. Lin declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
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. Lin |
|
E-mail |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.98 |
|
UK Pound |
1 |
Rs.80.59 |
|
Euro |
1 |
Rs.69.12 |
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 |
|
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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.