MIRA INFORM REPORT
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Report Date : |
03.02.2012 |
IDENTIFICATION DETAILS
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Name : |
TRANSPAK EQUIPMENT CORPORATION |
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Registered Office : |
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Country : |
Taiwan |
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Date of Incorporation : |
24.02.1984 |
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Com. Reg. No.: |
12481545 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and sales of mechanical equipment, 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 40,000 |
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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
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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: |
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Supplied Address: |
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Telephone Number: |
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Fax Number: |
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E-mail: |
Notes: Subject’s exact name and address are as above.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Company
Identification Details
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Registered Name: |
Transpak Equipment Corporation |
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Registered Address: |
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Date of Foundation: |
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Registration Number: |
12481545 |
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Registry: |
Taipei City Government |
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Registered Capital: |
(As of 2012.02 1 NTD = 0.0336 USD) |
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Paid-up Capital: |
NTD 29,000,000 (USD 974,400) |
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Legal Representatives: |
Qizhan Su |
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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: Subject declined to disclose the staff number, from other source we can
not obtain the relevant information, either.
History
Subject was incorporated on
Awards
|
Year |
Awards |
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2008 |
Blue chip
importer and exporter |
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2010 |
Blue chip
importer and exporter |
Standard of Blue
chip importer and exporter
Unit: USD
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Year |
Amount |
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2008 |
19,000,000 |
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2010 |
20,000,000 |
Shareholders
|
Name |
Subscription Shares |
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Qizhan Su |
8,346 |
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Wanting Su |
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|
1,740 |
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Meihui Chen |
3,689 |
|
Jinzhang Liu |
1,740 |
The information
above is that of subject’s major shareholders.
Subsidiaries &
Branches
It is introduced that
subject has warehouse in Europe to keep the inventories.
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Name: |
Schaflein AG |
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Address: |
Röthlein,
Germany |
Personnel
Information
Core
Management
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1 |
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Name |
Qizhan Su |
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Position |
Board Chairman |
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2 |
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Name |
Wanting Su |
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Position |
Director |
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3 |
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Name |
Meihui Chen |
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Position |
Director |
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4 |
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Name |
Jinzhang Liu |
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Position |
Supervisor |
Operation
Information
Offices
& Factories
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Headquarters |
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Add |
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Production
Information
l
Subject is a manufacturer of strapping machines and
it is introduced that all the products are made its own ISO 9001 certified
factory in Taiwan.
Purchase
Information
l
The registered activities of subject:
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Business Code |
Details |
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-- |
General import and export trading business |
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-- |
Bidding service, price quoting and marketing of
relevant products for domestic and overseas customers. |
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ZZ99999 |
Besides licensed business, all other business
items those are not banned or restricted. |
l
Subject purchases both at home and abroad.
l
It is introduced that subject has warehouse in
Europe to keep the inventories.
l
The subject is mainly engaged in sales of strapping
machines including Strapping
Tool, Semi
Automatic Strapping Machine, Fully
Automatic Strapping Machine, Strapping
Head and Speciality
Strapping Machine, etc
l
Subject’s products are both sold in domestic and
overseas market
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 materials and components, etc |
COD, Credit Sales, etc |
100% |
Foreign Purchase
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Payment Terms |
Proportion |
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Raw materials and components, etc |
CBD, etc |
100% |
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Strapping Machines, etc |
CBD, etc |
100% |
Export
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Sales Terms |
Proportion |
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Strapping Machines, 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 declined to disclose its financials citing the grounds of
company’s confidentiality; from other source we can not obtain the relevant
information, either.
Bankers
Subject declined to disclose its bank details; 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
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Department |
Sales department |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.13 |
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UK Pound |
1 |
Rs.77.85 |
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Euro |
1 |
Rs.64.78 |
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.