|
Report Date : |
14.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
STANDARD CHEM. & PHARM. CO.,
LTD. |
|
|
|
|
Registered Office : |
No.6-20, Tu-Ku, Tu-Ku Village,
Xinying Dist., Tainan City 730 |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
30.06.1967 |
|
|
|
|
Com. Reg. No.: |
71122503 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture and Trading of
chemicals, etc. |
|
|
|
|
No. of Employees : |
About 1,000 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 30,000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
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 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 |
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
|
|
Supplied Address: |
6-20,
Tu-Ku Li Hsinying City, Postal address : Tainan Hsien, 73042 |
|
Telephone Number: |
+886-6-6361516 |
|
Fax Number: |
Notes:
The correct subject’s name and
address are as above mentioned.
|
Credit Rating: |
|
|
Credit Opinion: |
Subject was
incorporated on 1967-6-30 with registered number 71122503 as Joint Stock Company in Taiwan.
|
Name |
Subscription Amount |
|
Jincai Fan |
21,136,813 |
|
Foundation Fan Daonan |
|
|
4,752,881 |
|
|
Yuanfeng Gao |
16,182 |
|
Cuiwen Ye |
1,340,669 |
The information above is that of subject’s major
shareholders.
Core Management
Directors
|
1 |
|
|
Name |
Jincai Fan |
|
Position |
Chairman |
|
2 |
|
|
Name |
Foundation Fan Daonan |
|
Position |
Director |
|
3 |
|
|
Name |
Zhenming Xiao |
|
Position |
Director |
|
4 |
|
|
Name |
Juncai Qiu |
|
Position |
Director |
|
5 |
|
|
Name |
Jiaxiu Lin |
|
Position |
Director |
|
6 |
|
|
Name |
Yuanfeng Gao |
|
Position |
Supervisor |
|
7 |
|
|
Name |
Cuiwen Ye |
|
Position |
Supervisor |
Personnel Structure
|
Total Employees |
About 1,000 employees |
Offices & Factories
|
|
Headquarters |
|
Add |
No.6-20, Tu-Ku, Tu-Ku Village, Xinying Dist.,
Tainan City 730, Taiwan (R.O.C.) |
Production Information
Subject produces chemicals, etc.
Subject has its factory in Taiwan.
Purchase Information
The registered activities of subject:
|
Business Code |
Details |
|
C110010 |
Manufacture of beverage |
|
F102040 |
Wholesales of beverage |
|
C199990 |
Unallocated other food manufacturing |
|
F102170 |
Wholesales of food |
|
F203010 |
Retails of food, beverage |
|
C201010 |
Wholesales of feed |
|
F103010 |
Wholesales of feed |
|
F202010 |
Retails of feed |
|
C801110 |
Manufacture of Fertilizer |
|
F107050 |
Wholesales of Fertilizer |
|
F207050 |
Retails of Fertilizer |
|
C802041 |
Manufacture of medicine |
|
F108021 |
Wholesales of medicine |
|
F208021 |
Retails of medicine |
|
C802051 |
Manufacture of Traditional
Chinese medicine |
|
F108011 |
Wholesales of Traditional
Chinese medicine |
|
F208011 |
Retails of Traditional
Chinese medicine |
|
C802100 |
Manufacture of Cosmetic |
|
F108040 |
Wholesales of Cosmetic |
|
F208040 |
Retails of Cosmetic |
|
CE01010 |
Manufacture of General
Instrument |
|
CF01011 |
Manufacture of medical instrument |
|
F108031 |
Wholesales of medical instrument |
|
F208031 |
Retails of medical instrument |
|
C802060 |
Manufacture of animal medicine |
|
F107070 |
Wholesales of animal medicine |
|
F207070 |
Retails of animal medicine |
|
F401010 |
International trade |
|
H701040 |
Development of industry specific
professional area |
|
H701060 |
New towns, new community development
industry |
|
I103060 |
Management consulting |
|
ZZ99999 |
Besides licensed business, all
other business items those are not banned or restricted |
The components and raw material for production are mostly
purchased from domestic and abroad.
The subject has a proportion of
50% for Import
The subject is mainly engaged in
manufacturing and processing of various chemicals, etc
Subject’s products include Medicine, health products, animal drugs, cosmetics and
pharmaceuticals, etc.
Subject has both domestic and foreign markets.
Subject exports to Malaysia, Vietnam, etc.
The subject has a proportion of
50% for export.
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic
Purchase
|
Payment Terms |
Proportion |
|
|
Components and raw material |
COD, CBD, etc. |
100% |
Foreign
Purchase
|
Payment Terms |
Proportion |
|
|
Components and raw material |
CBD, etc. |
100% |
Sales
Domestic
Markets
|
Sales Terms |
Proportion |
|
|
Chemicals, etc. |
COD, CBD, etc. |
100% |
Export
|
Sales Terms |
Proportion |
|
|
Chemicals, 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 Ms. Lin
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
|
Court No.: |
100, Nanjian, 546 |
|
Date: |
2011-7-4 |
|
Debt clearance |
|
|
2 |
|
|
Court No.: |
100, Nanxiao, 162 |
|
Date: |
2011-3-22 |
|
Reason: |
Debt clearance |
|
Name |
Ms. Lin |
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.