MIRA INFORM REPORT
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Report Date : |
20.04.2012 |
IDENTIFICATION DETAILS
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Name : |
CHIUAN-HUEY ENTERPRISE COMPANY |
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Registered Office : |
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Country : |
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Date of Incorporation : |
08.11.2005 |
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Com. Reg. No.: |
9225992 |
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Legal Form : |
Solely Funded Enterprise |
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Line of Business : |
Manufacturing and trading
of automated machinery |
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No. of Employees
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Not Available |
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 20,000 |
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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, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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 |
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Company Name: |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
No. 30, LN. 66, Zhuangqian Road, Shengang
Dist., Taichung City 42951 Taiwan |
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Telephone Number: |
+886-4-25612996 |
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Fax Number: |
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E-mail: |
Notes: The exact
subject’s name and address are as above mentioned.
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Credit Rating: |
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Credit Opinion: |
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Registered Name: |
Chiuan-Huey Enterprise Company |
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Registered Address: |
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Date of Foundation: |
2005-11-8 |
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Registration Number: |
9225992 |
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Registry: |
Taichung City Government |
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Registered Capital: |
(As of 2012.04, 1 NTD = 0.033 USD) |
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Paid-up Capital: |
NTD 400,000 (USD 13,200) |
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Legal Representatives: |
Xueliang Liao |
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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 subject declined to introduce its staff
number.
Subject was incorporated on 2005-11-8 with registered
number 9225992 as Solely Funded Enterprise in Taiwan.
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Name |
Xueliang Liao |
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Position |
Owner |
Offices
& Factories
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Headquarters |
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Add |
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l
Subject produces automated machinery.
l
Subject has its factory in Taiwan.
Purchase
Information
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The registered activities of subject:
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Business Code |
Details |
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E603050 |
Automatic control equipment engineering (this for
office use only) |
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F113020 |
Electrical wholesale industry (for office use
only) |
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F213010 |
Retailing of electrical appliances |
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F213080 |
Retailing of machinery and equipment |
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F401010 |
International trade |
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I599990 |
Other design industry |
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
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The subject is mainly engaged in manufacturing and
processing of various machinery and equipment.
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Subject sells automatic control equipment and
machines.
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Subject has both domestic and foreign markets.
l
Subject exports according to orders.
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The subject has a
proportion of 50% for export.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
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Payment Terms |
Proportion |
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Components and raw material |
COD, CBD, etc. |
100% |
Foreign Purchase
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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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Machinery and equipment |
CBD, etc. |
100% |
Export
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Sales Terms |
Proportion |
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Machinery and equipment |
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 |
Mr. Liao |
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E-mail |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.89 |
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UK Pound |
1 |
Rs.83.18 |
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Euro |
1 |
Rs.68.06 |
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.