|
Report Date : |
14.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
NEW RIVER BUSINESS CO., LTD. |
|
|
|
|
Registered Office : |
11F-3, No.29, Lane 141, Rong Tzong Road, Tzuoo Yng Dist., Kaohsiung |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
08.02.2001 |
|
|
|
|
Com. Reg. No.: |
70419823 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
Export of galvanized and galvalume steel sheets, etc. |
|
|
|
|
No. of Employees : |
About 5 Employees |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 20,000 |
|
Status : |
Small Company |
|
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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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: |
|
|
Supplied Name: |
|
|
Trading Address: |
|
|
Supplied Address: |
11F 3 No. 29 Lane 141 Rong Tzong Road Tzuco
Yng Dist Kaohsiung Taiwan |
|
Telephone Number: |
+886-7-3477519 |
|
Fax Number: |
Notes: The exact subject’s name and address are as above mentioned.
|
Credit Rating: |
|
|
Credit Opinion: |
Subject was incorporated on 2001-2-8 with registered
number 70419823 as Private
Limited Liability Company in Taiwan.
|
Name |
Subscription Amount |
|
Qihua Huang |
4,500,000 |
The information above
is that of subject’s major shareholders.
Core
Management
Directors
|
Name |
Qihua Huang |
|
Position |
Director |
Offices
& Factories
|
|
Headquarters |
|
Add |
|
Production
Information
l
Subject is a trader of galvanized and galvalume steel sheets, etc. without any production
activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
F401010 |
International trade |
Besides licensed business, all other business items those are not banned
or restricted.
l
The products for sale are purchases from Taiwan
markets.
l
The subject has no
proportion for Import
l
The subject is mainly engaged in sales of steel products.
l
Subject’ products are
galvanized and galvalume steel sheets, etc.
l
Subject’s main markets are most foreign markets.
l
Subject exports to Vietnam, Middle East, the
mainland of China, etc.
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
Steel sheets, etc. |
COD, CBD, etc. |
100% |
Foreign Purchase
Notes: Subject seldom imports.
Sales
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Steel sheets, etc. |
COD, CBD, etc. |
100% |
Export
|
Sales Terms |
Proportion |
|
|
Steel sheets, etc. |
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 Mr. Huang 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. Huang |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.32 |
|
|
1 |
Rs.77.84 |
|
Euro |
1 |
Rs.65.35 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.