MIRA INFORM REPORT
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Report Date : |
12.10.2011 |
IDENTIFICATION DETAILS
|
Name : |
AIDLITE CO., LTD. |
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Registered Office : |
5FL.-4, No.164, Sec. 2,
Keelung Rd., Da-An District, Taipei City 106 |
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Country : |
Taiwan |
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Date of Incorporation : |
06.08.1995 |
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Com. Reg. No.: |
89592267 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Trading of LED lamps, etc |
RATING & COMMENTS
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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 30,000 |
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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 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Contact
Points
|
Company Name: |
Aidlite Co., Ltd. |
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Supplied Name: |
Aidlite Co Ltd. |
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Trading Address: |
5FL.-4, No.164, Sec. 2, Keelung Rd., Da-An District, Taipei City 106,
Taiwan (R.O.C.) |
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Supplied Address: |
|
|
Telephone Number: |
+886-2-2735-9569 |
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Fax Number: |
+886-2-2735-9621/2739-3335 |
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E-mail: |
Notes: Subject’s exact name and address are as above.
Credit
Summary
|
Credit Rating: |
|
|
Credit Opinion: |
Company
Identification Details
|
Registered Name: |
Aidlite Co., Ltd. |
|
Registered Address: |
5FL.-4, No.164, Sec. 2, Keelung Rd., Da-An District, Taipei City 106,
Taiwan (R.O.C.) |
|
Date of Foundation: |
|
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Registration Number: |
89592267 |
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Registry: |
Taipei City Government |
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Registered Capital: |
(As of 2011.10 1 NTD = 0.0329 USD) |
|
Legal Representatives: |
Junde Liu |
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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: |
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Date of Last
Annual Return: |
Notes: Subject’s staff number is estimated and
only for reference.
History
Subject was incorporated on
Shareholders
|
Name |
Subscription Amount |
|
Junde Liu |
3,000,000 |
The information
above is that of subject’s major shareholders.
Subsidiaries &
Branches
It is introduced
that subject has an office in the mainland of China with the basic information
as follows
Guangzhou Office:
|
Address |
1808, Kaiyuege,
Paomadi Garden, Huangfu Avenue, Guangzhou city, Guangdong Province, China |
|
Tel: |
+86-20-8527-1343, |
|
Fax: |
+86-20-8527-1096 |
Personnel
Information
Core
Management
|
Name |
Junde Liu |
|
Position |
Director |
Personnel
Structure
|
Total Employees |
5-10 employees |
Notes: Subject’s staff
information is estimated and only for reference.
Operation
Information
Offices
& Factories
|
|
Headquarters |
|
Add |
5FL.-4, No.164, Sec. 2, Keelung Rd., Da-An District, Taipei City 106,
Taiwan (R.O.C.) |
l
Subject is a trader of LED lamp
bulbs without any production activities
itself.
Purchase
Information
l
The registered activities of subject:
|
1 |
General import and export trading business
besides licensed business |
|
2 |
Agent service, price quoting and bidding service
of the above mentioned business |
l
Subject purchases mainly
from the cooperative manufacturers in Taiwan and the mainland of China.
l
Subject is engaged in
sales of LED lamp bulbs
l
Subject’s products are
mainly applied to automobile industry; etc
l
Subject’s products are
mainly sold in overseas market including Western Europe, eastern Europe, South
America, etc
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Settlements
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
COD, Credit Sales, etc |
100% |
Foreign Purchase
Sales
Domestic Markets
Subject has little domestic sales.
|
Product |
Sales Terms |
Proportion |
|
CBD, etc |
100% |
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. Huang declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
Bankers
Subject declined to disclose its bank details; 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 |
Ms. Huang |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.03 |
|
UK Pound |
1 |
Rs.76.60 |
|
Euro |
1 |
Rs.66.80 |
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.