MIRA INFORM REPORT
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Report Date : |
01.02.2012 |
IDENTIFICATION DETAILS
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Name : |
IMAGE-TRANS TECHNICS INC. |
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Registered Office : |
3F., No.25, Lane 122, Sec.1,
Min-Chi Rd., Taishan Dist., New Taipei City 243 |
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Country : |
Taiwan |
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Date of Incorporation : |
24.03.2004 |
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Com. Reg. No.: |
80736263 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Manufacture and trading
of transfer printing, etc. |
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No. of Employees
: |
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 30,000 |
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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) |
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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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Supplied Name: |
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Trading Address: |
26 Alley 5, Lane 19 Sec. 1, Min-Chi Road,
Tai-Shan, Taipei Hsien, Hsinchuang, Taipei Hsien, Taiwan |
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Supplied Address: |
26 Alley 5, Lane 19 Sec. 1, Min-Chi Road,
Tai-Shan, Taipei Hsien, Hsinchuang, Taipei Hsien, Taiwan |
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Telephone Number: |
+886-2-29007201/2-29091185 |
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Fax Number: |
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E-mail: |
Notes:
The exact subject’s name and address are as above mentioned.
And the supplied name is another foreign trading name of subject which was not
registered in the registry.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Company
Identification Details
Subject declined to introduce its staff number.
History
Subject was incorporated on 2004-3-24 with registered
number 80736263 as Private
Limited Liability Company in Taiwan.
Shareholders
|
Name |
Subscription
Amount |
|
Minghua Cai |
500,000 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Personnel
Information
Core
Management
|
Minghua Cai |
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Position |
Director |
Operation
Information
Offices
& Factories
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|
Headquarters |
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Add |
26 Alley 5, Lane 19 Sec. 1, Min-Chi Road, Tai-Shan, Taipei Hsien,
Hsinchuang, Taipei Hsien, Taiwan |
Production
Information
l
Subject is a trader of transfer printing, etc.
l
Subject has its factory in Taiwan.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
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F107130 |
Wholesale of synthetic resin |
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F207130 |
Retails of synthetic resin |
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F107010 |
Wholesale of Paints,
coatings |
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F207010 |
Retails of Paints, coatings |
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F104020 |
Wholesale of garments |
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F204020 |
Retails of garments |
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F109020 |
Wholesale of stationery |
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F209010 |
Retails of books, stationery |
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I102010 |
Investment adviser industry |
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I103010 |
Business management
consultant business |
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F401010 |
International trade |
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 and abroad.
l
The subject has a proportion
of 50% for Import
l
The subject is mainly engaged in manufacturing and
processing of transfer printing, etc.
l
Subject’s products include photo-heat
transfers-garments, iron-on transfers, etc.
l
Subject has both domestic and foreign markets.
l
Subject exports to South Africa, United States,
Australia, Bangladesh, Hong Kong, Indonesia, Japan, Republic Of Korea,
Malaysia, Pakistan, Singapore, Thailand, Viet Nam, United Arab Emirates, United
Kingdom, Netherlands, etc.
l
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 |
Settlements
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
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Raw material |
COD, CBD, etc. |
100% |
Foreign Purchase
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Payment Terms |
Proportion |
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Raw material |
CBD, etc. |
100% |
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Transfer printing, etc. |
COD, CBD, etc. |
100% |
Export
|
Sales Terms |
Proportion |
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Transfer printing, etc. |
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 Mr. Cai 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.
Interview
Details
|
Name |
Mr. Cai |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.68 |
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UK Pound |
1 |
Rs.78.17 |
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Euro |
1 |
Rs.65.52 |
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.