|
Report Date : |
21.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
JOSON INTERNATIONAL CO., LTD. |
|
|
|
|
Registered Office : |
1F., No.192-15, Sec. 1, Dongshan Rd., Beitun District, Taichung City 406 |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
03.04.2007 |
|
|
|
|
Com. Reg. No.: |
28635270 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Trading of building material, etc. |
|
|
|
|
No. of Employees : |
Not Available |
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 : |
Moderate |
|
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: |
No. 41, Shuijin Street Beitun Dist. Taichung
City 406, Taiwan |
|
Supplied Address: |
No. 41, Shuijin Street Beitun Dist. Taichung
City 406, Taiwan |
|
Telephone Number: |
+886-4-24361788 |
|
Fax Number: |
|
|
Email: |
Notes:
The exact subject’s name is as above mentioned.
|
Credit Rating: |
|
|
Credit Opinion: |
Subject declined
to introduce its staff number.
Subject was incorporated on 2007-4-3 with registered
number 28635270 as Joint Stock Company in Taiwan.
Change of Name
|
Former Chinese
Name |
九誠天然石材股份有限公司 |
|
Current Chinese
Name |
九誠國際實業股份有限公司 |
|
Former English
Name |
Joson Flagstone
Co., Ltd. |
|
Current English
Name |
Joson International Co., Ltd. |
|
Name |
Subscription Shares |
|
Zongyang Yang |
90,000 |
|
Yongzhi Yang |
|
|
60,000 |
|
|
Zongyuan Yang |
50,000 |
The information
above is that of subject’s major shareholders.
Core
Management
Directors
|
1 |
|
|
Name |
Zongyang Yang |
|
Position |
Chairman |
|
2 |
|
|
Name |
Yongzhi Yang |
|
Position |
Director |
|
3 |
|
|
Name |
Zongyuan Yang |
|
Position |
Director |
|
4 |
|
|
Name |
Meiling Zhang |
|
Position |
Supervisor |
Offices
& Factories
|
|
Headquarters |
|
Add |
No. 41, Shuijin Street Beitun Dist. Taichung City 406, Taiwan |
l
Subject is a trader of building material without
any production activities
Purchase
Information
The registered
activities of subject:
|
Business Code |
Details |
|
F111090 |
Wholesales of building material |
|
F102050 |
Wholesales of tea |
|
F199990 |
Other wholesales |
|
I503010 |
Landscape, the interior design industry |
|
F401010 |
International trade |
|
ZZ99999 |
Besides licensed business,
all other business items those are not banned or restricted. |
Besides licensed business, all other business items those are not banned
or restricted.
l
The products for sale are mostly purchased from
abroad.
l
The subject has a proportion
of 90% for Import
l
The subject is mainly engaged in trading of various
building material.
l
Subject’s products include wood products, marble, etc.
l
Subject has both domestic and foreign markets.
l
Subject exports to all over the world according to
customers’ order.
l
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 |
|
|
Building material |
COD, etc. |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Building material |
CBD, etc. |
100% |
Sales
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Building material |
COD, etc. |
100% |
Export
|
Sales Terms |
Proportion |
|
|
Building material |
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. Luo 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 |
Ms. Luo |
|
E-mail |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.21 |
|
|
1 |
Rs.77.75 |
|
Euro |
1 |
Rs.64.58 |
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.