MIRA INFORM REPORT
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Report Date : |
18.08.2012 |
IDENTIFICATION DETAILS
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Name : |
TAIWAN BUTYL CO., LTD. |
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Registered Office : |
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Country : |
Taiwan |
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Date of Incorporation : |
06.03.1987 |
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Com. Reg. No.: |
22403246 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and trader of ball tube, inner tube valve |
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No. of Employees
: |
About 200 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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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Taiwan |
a2 |
a2 |
|
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: |
IF N 42-5 Jhancian Rd Luodong Township Yilan
County 26546 Taiwan |
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Telephone Number: |
+886-3-9615592/3-9615593 |
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Fax Number: |
Notes:
The correct subject’s name and address are as above mentioned.
The subject’s relevant staff Mr. Zhou introduced that the supplied name is a foreign trade name of their company, which is not registered in Taiwan.
Subject was incorporated on 1987-3-6 with registered
number 22403246 as Joint Stock Company in Taiwan.
|
Name |
Subscription Shares |
|
Zhou Kehua |
2,750 |
|
Chen Limei |
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1,300 |
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Li Jinqi |
1,000 |
|
Yan Houzhu |
250 |
The information
above is that of subject’s major shareholders.
|
Other Address: |
IF N 42-5 Jhancian Rd Luodong Township Yilan County 26546 Taiwan |
Core
Management
Directors
|
1 |
|
|
Name |
Zhou
Kehua |
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Position |
Chairman |
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2 |
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Name |
Chen
Limei |
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Position |
Director |
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3 |
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Name |
Li Jinqi |
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Position |
Director |
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4 |
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|
Yan Houzhu |
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Position |
Supervisor
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Personnel
Structure
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Total Employees |
About 200 employees |
Offices
& Factories
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Headquarters |
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Add |
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Production
Information
l
Subject produces ball tube, inner tube valve.
l
Subject has factory in Shanghai.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
1 |
Forced the Department of
Industrial Rubber, rubber sheet, rubber ring of the processing trade business |
|
2 |
With a variety of sports
balls (basketball, soccer, volleyball, football, etc.) manufacturing trading |
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3 |
A variety of natural and
synthetic rubber raw materials for the distribution of trading |
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4 |
Import and export |
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5 |
Products for domestic and
foreign firms tender offer agent service |
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6 |
Trading and investment of above mentioned
products |
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
trading of ball tube, inner tube valve.
l
Subject has both domestic and foreign markets.
l
Subject’s selling territory is 90% foreign markets
and 10% domestic markets.
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
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Raw material |
COD, CBD, etc. |
100% |
Foreign Purchase
Notes:
Subject seldom imports.
Sales
Domestic
Markets
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Sales Terms |
Proportion |
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Ball tube, inner tube valve |
CBD, etc. |
100% |
Export
|
Sales Terms |
Proportion |
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|
100% |
100% |
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 Mr. Guo 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. Guo |
|
E-mail |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.70 |
|
UK Pound |
1 |
Rs.87.55 |
|
Euro |
1 |
Rs.68.85 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
|
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 |
|
<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.