MIRA INFORM REPORT
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Report Date : |
19.09.2011 |
IDENTIFICATION DETAILS
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Name : |
JIAN-SUN MACHINERY CO., LTD. |
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Formerly Known As : |
JIAN SHANG MECHANICAL CO., LTD. |
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Registered Office : |
No.34, Hezuo St., Yuanlin Township, Changhua County 510 |
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Country : |
Taiwan |
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Date of Incorporation : |
22.06.1992 |
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Com. Reg. No.: |
86764716 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and sales
of Tire molds, etc |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 30,000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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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) |
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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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Former Name: |
JIAN SHANG
MECHANICAL CO., LTD. |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
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Telephone Number: |
+886-4-8726022 |
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Fax Number: |
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E-mail: |
Notes: Subject’s exact name and address are 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: |
JIAN-SUN MACHINERY
CO., LTD. |
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Registered
Address: |
No.34, Hezuo St.,
Yuanlin Township, Changhua County 510, Taiwan (R.O.C.) |
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Date of
Foundation: |
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Registration
Number: |
86764716 |
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Registry: |
MOEA Central
Office |
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Registered
Capital: |
(As of 2011.09, 1
NTD = 0.0345 USD) |
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Paid-up Capital: |
NTD 5,000,000
(USD 172,500) |
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Legal
Representatives: |
Jinhua Li |
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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:
the staff information is
estimated and only for reference.
History
Subject was
incorporated on
Change of Name
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Former English Name |
JIAN SHANG MECHANICAL CO., LTD. |
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Current English Name |
JIAN-SUN MACHINERY CO., LTD. |
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Former Chinese Name |
建上機械股份有限公司 |
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Current Chinese Name |
政昌機械股份有限公司 |
Shareholders
|
Name |
Subscription
Shares |
|
Jinhua
Li |
140,000 |
|
Pingxiong Huang |
|
|
160,000 |
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|
Wen
Huang |
5,000 |
|
Zhangli
Huang |
5,000 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Subject did not introduce whether it has any subsidiaries
or branches, from other source we can not obtain the relevant information,
either.
Personnel
Information
Core Management
|
1 |
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Name |
Jinhua Li |
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Position |
Board Chairman |
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2 |
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Name |
Pingxiong Huang |
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Position |
Director |
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3 |
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Name |
Wen Huang |
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Position |
Director |
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4 |
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Name |
Zhangli Huang |
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Position |
Supervisor |
Personnel Structure
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Total Employees |
About
20 employees (estimated) |
Operation
Information
Offices & Factories
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Headquarters
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Add |
Production Information
l
Subject is
a manufacture of tire mold.
Purchase Information
l
The
registered activities of subject:
|
Business
Code |
Details |
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CQ01010 |
Manufacture
of Molds |
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CB01010 |
Wholesales
of mechanical equipment |
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F106030 |
Wholesales
of Molds |
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F113010 |
Wholesales
of machinery |
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F401010 |
International
Trading Business |
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ZZ99999 |
Besides
licensed business, all other business items those are not banned or
restricted. |
l
Subject
did not introduce its purchasing information.
l
The subject
is mainly engaged in sales of tire molds.
l
Subject’s
products are applied to the manufacturing of PU tires, truck/lorry tire, ATV
tires, agricultural tire, motorcycle tire and passenger radial car tire, etc
l
Subject’s
products are both sold in domestic and overseas market.
Import and export right:
|
Import
right |
Yes |
|
Export
right |
Yes |
Settlements
Purchase
Subject did
not introduce its purchasing terms
Sales
Domestic
Markets
|
Sales
Terms |
Proportion |
|
|
Tire
mold |
COD, etc |
100% |
Export
|
Sales
Terms |
Proportion |
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Tire
mold |
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. Wu 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. Wu |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.47 |
|
UK Pound |
1 |
Rs.74.96 |
|
Euro |
1 |
Rs.65.79 |
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.