MIRA INFORM REPORT
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Report Date : |
03.04.2012 |
IDENTIFICATION DETAILS
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Name : |
NESI TRADING CO., LTD. |
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Registered Office : |
8F., No.51, Sec.2, |
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Country : |
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Date of Incorporation : |
05.07.1984 |
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Com. Reg. No.: |
52899552 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and sales of shoes, etc. |
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No. of Employees
: |
About 25 Employees |
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 50,000 |
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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 |
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Company Name: |
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Supplied Name: |
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Trading Address: |
8F., No.51, Sec.2, Kuang Yi Rd., Taichung
City, Taiwan, R.O.C. |
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Supplied Address: |
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Telephone Number: |
+886-4-23216316 |
Notes: The exact subject’s name and address are as above mentioned.
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Credit Rating: |
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Credit Opinion: |
Subject was incorporated on 1984-7-5 with registered
number 52899552 as Joint Stock Company in Taiwan.
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Name |
Subscription Shares |
|
Limei Pan |
11,950 |
The information
above is that of subject’s major shareholders.
Core
Management
|
1 |
|
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Name |
Limei Pan |
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Position |
Chairman |
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2 |
|
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Name |
Liwen Chen |
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Position |
Director |
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3 |
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Name |
Xiuxiang Xie |
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Position |
Director |
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4 |
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Name |
Huiling Liao |
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Position |
Supervisor |
Personnel
Structure
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Total Employees |
About 25 Employees |
Offices
& Factories
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|
Headquarters |
|
Add |
8F., No.51, Sec.2, Kuang Yi Rd., Taichung City, Taiwan, R.O.C. |
l
Subject produces shoes, etc. and has its factories
in Taiwan.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
F104110 |
Wholesales of cloth, clothing, shoes, hats,
umbrellas, clothing |
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F204110 |
Retailing of cloth, clothing, shoes, hats,
umbrellas, clothing items |
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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 domestic.
l
The subject is mainly engaged in manufacturing and
processing of various shoes.
l
Subject is committed to
providing the market consumers' fashion shoes.
l
Subject exports mainly men
casual shoes and gentleman leather shoes.
l
Subject cooperates with foreign brands such as Italian brands Enrico Coveri and Rene Caovilla.
l
Subject exports all over the world according to
customers’ orders.
l
Subject has both domestic and foreign markets.
l
The subject has a
proportion of 50% for export.
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
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Components and raw material |
CBD, etc. |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
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Components and raw material |
CBD, etc. |
100% |
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Various shoes, etc. |
COD, CBD, etc. |
100% |
Export
|
Sales Terms |
Proportion |
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Various shoes, etc. |
CBD, etc. |
100% |
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 declined to disclose its financials citing the
grounds of company’s confidentiality; from other source we can not obtain the
relevant information, either.
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.
|
Name |
Ms. Liao |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.16 |
|
UK Pound |
1 |
Rs.81.79 |
|
Euro |
1 |
Rs.68.34 |
RATING EXPLANATIONS
|
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 |
---- |
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.