MIRA INFORM REPORT

 

 

Report Date :           

12.04.2012

 

IDENTIFICATION DETAILS

 

Name :

BEAM TECH ELECTRONICS CO., LTD.

 

 

Registered Office :

4F, No.756, Chung Cheng Rd., Zhonghe Dist., New Taipei City 235

 

 

Country :

Taiwan

 

 

Date of Incorporation :

09.01.1992

 

 

Com. Reg. No.:

86532152

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

manufacturing, processing and trading of various electronic equipment, etc.

 

 

No. of Employees :

About 40 Employees

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 50,000

Status :

Satisfactory

Payment Behaviour :

No Complaints

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, 2012

 

Country Name

Previous Rating

                   (31.12.2011)                  

Current Rating

(31.03.2012)

Taiwan

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Contact Points

 

Company Name:

Beam Tech Electronics Co., Ltd.

Supplied Name:

Beam Tech Electronics Company Pvt. Ltd.

Trading Address:

4F, No.756, Chung Cheng Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.)

Supplied Address:

756-4S Chung Cheng Road Chung Hu Taipei

Telephone Number:

+886-2-22259928/22261000

Fax Number:

+886-2-22256675

E-mail:

info@beamtech.com.tw

Notes:

The exact subject’s name and address are as above mentioned.

 

 

Credit Summary

 

Credit Rating:

Maximum credit USD 50,000

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

Beam Tech Electronics Co., Ltd.

Registered Address:

4F, No.756, Chung Cheng Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.)

Date of Foundation:

1992-1-9

Registration Number:

86532152

Registry:

Government of Taipei City

Registered Capital:

NTD 20,000,000 (USD 660,000)

(As of 2012.04, 1 NTD = 0.033 USD)

Paid-up Capital:

NTD 20,000,000 (USD 660,000)

Legal Representatives:

Junqin Liu

Legal Form:

Joint Stock Company

Principal Activities:

manufacturing, processing and trading of various electronic equipment, etc.

Staff:

About 40 Employees

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-6-7

 

 

History

 

Subject was incorporated on 1992-1-9 with registered number 86532152 as Joint Stock Company in Taiwan.

 

 

Shareholders

 

Name

Subscription Shares

Junqin Liu

50,000

 

Liu Gu Baolian

 

750,000

 

Shicheng Liu

500,000

Wenqi Xu

100,000

 

The information above is that of subject’s major shareholders.

 

 

Subsidiaries & Branches

 

Subject did not register any subsidiaries or branches, from other source we can not obtain the relevant information, either.

 

 


Personnel Information

 

Core Management

Directors

1

Name

Junqin Liu

Position

Chairman

2

Name

Liu Gu Baolian

Position

Director

3

Name

Shicheng Liu

Position

Director

4

Name

Wenqi Xu

Position

Supervisor

 

Personnel Structure

Total Employees

About 40 Employees

 

 

Operation Information

 

Offices & Factories

 

Headquarters

Add

4F, No.756, Chung Cheng Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.)

 

Production Information

l         Subject produces uninterruptible power systems, transformers, etc.

l         Subject has its factory in Taiwan.

 

Purchase Information

l         The registered activities of subject:

Business Code

Details

1

Manufacturing, processing and trading of Power supplies, transformers, uninterruptible power equipment and charging equipment, information and communications equipment, computers and peripheral equipment Electronic Components

2

Variety of computer and information software design, modification, maintenance, sale of business

3

Import and export trade business of above products

4

The former agent and foreign manufacturers of the products offer tender distribution business.

F104010

Wholesales of cloth

F104020

Wholesales of garments

F204010 

Retails of cloth

F204020

Retails of garments

F401010

International trade

F104050

Wholesales of Clothing Accessories

Besides licensed business, all other business items those are not banned or restricted.

l         The components and raw material for production are purchased from both domestic and abroad.

l         The subject has a proportion of 50% for Import

 

Sales Information

l         The subject is mainly engaged in manufacturing, processing and trading of various electronic equipment, etc.

l         Subject’s products include uninterruptible power systems, transformers, power adapter, charger, power supply, etc.

l         The relevant staff introduced that they have their own agent in Taiwan and cannot accept others’ orders.

Import and export right:

Import right

Yes

Export right

Yes

 

 

Settlements

 

Subject declined to introduce information on settlement.

 

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 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.

 

Notes:

The man who answered the telephone did not introduce his name.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.55

UK Pound

1

Rs.81.95

Euro

1

Rs.67.57

 

 

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

----

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.