MIRA INFORM REPORT
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Report Date : |
25.10.2011 |
IDENTIFICATION DETAILS
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Name : |
CANDIA CO., LTD. |
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Registered Office : |
3f., No.49, Dafong Rd., Xindian Dist., New Taipei City 231 |
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Country : |
Taiwan |
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Date of Incorporation : |
30.05.2005 |
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Com. Reg. No.: |
27802735 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
manufacturer of sport products with some
production activities |
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 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 |
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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
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Company Name: |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
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Telephone Number: |
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Fax Number: |
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E-mail: |
Notes:
The exact name is
as above.
The supplied
address is incomplete, and the exact address is as above.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Company
Identification Details
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Registered Name: |
Candia Co., Ltd. |
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Registered
Address: |
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Date of
Foundation: |
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Registration
Number: |
27802735 |
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Registry: |
New Taipei City
Government |
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Registered
Capital: |
(As of 2011.10, 1
NTD = 0.03319 USD) |
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Paid-up Capital: |
NTD 5,000,000
(USD165,931) |
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Legal
Representatives: |
Huiling 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: |
The staff number is not available from the
subject or other sources.
History
Subject was incorporated on
Shareholders
|
Name |
Subscription
Amount |
|
Huiling Liu |
5,000,000 |
Subsidiaries &
Branches
Subject
introduced that the factory is located at Canton China,but didn't disclose more
details.
Personnel
Information
Core Management
|
Name |
Huiling Liu |
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Position |
Director |
Personnel Structure
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Total Employees |
About 10 Employees |
Operation
Information
Offices & Factories
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Headquarters
|
|
Add |
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Production Information
l
Subject
is a manufacturer of sport products with some production activities
Purchase Information
l
The
registered activities of subject:
|
Business Code |
Details
|
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F106020 |
Wholesale
of daily things |
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F401010 |
International
Trade |
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ZZ99999 |
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
The subject
is mainly engaged in manufacturing and trading of sports products.
l
The
products included EVA sporting goods, Water sports, body board, kick board,
surf board, snow board, swim vest, camping mat, yoga mat and so on.
l
The
selling territory mainly covers United States, Australia, Hong Kong, Taiwan,
Republic of China, Germany, Denmark, France, Canada, Italy, etc.
l
Subject
introduced that subject’s factory is located at Canton China and sales office
in Taipei Taiwan.
Import and export right:
|
Import
right |
Yes |
|
Export
right |
Yes |
Settlements
Purchase
Subject declined to
disclose any information about the purchase settlements.
Sales
Domestic
Markets (Taiwan)
|
Sales
Terms |
Proportion |
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|
Sport
products |
CBD,
etc |
100% |
Export
|
Sales
Terms |
Proportion |
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Sport
products |
T.T,
L/C, 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. 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
The bankers’
information is not available from the subject or other sources.
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 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.87 |
|
UK Pound |
1 |
Rs.79.73 |
|
Euro |
1 |
Rs.69.52 |
RATING EXPLANATIONS
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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 |
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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 |
|
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 |
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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.