MIRA INFORM REPORT
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Report Date : |
27.02.2012 |
IDENTIFICATION DETAILS
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Name : |
CENTRALION INDUSTRIAL INC. |
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Registered Office : |
9F, No.135, Sec.2, Ta-Tong Rd., Xizhi Dist., New Taipei City 221 |
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Country : |
Taiwan |
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Date of Incorporation : |
04.08.1969 |
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Com. Reg. No.: |
3211818 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and sales of UPS and other electronic products |
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No. of Employees
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About 350 employees (Group) |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 80,000 |
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Status : |
Satisfactory |
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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 |
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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: |
+886-2-2794-6363 |
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Fax Number: |
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E-mail: |
Notes: Subject’s exact name and address are as above.
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Credit Rating: |
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Credit Opinion: |
Notes: the staff information is not available from
subject or other sources.
Subject was incorporated on
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Name |
Subscription
Shares |
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Eaton Phoenixtec Mmpl Co., Ltd |
23,924,940 |
The information above is that of subject’s major shareholders.
Related Companies
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1 |
Phoenixtec
Electronics, China |
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2 |
Santak
Corporation, China |
Core
Management
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1 |
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Name |
Louis Abraham
Rosen |
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Position |
Board Chairman |
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2 |
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Name |
Charles Curtis
Sims |
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Position |
Director |
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3 |
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Name |
Shihuan Wei |
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Position |
Director |
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4 |
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Name |
Ho Sin Leong |
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Position |
Supervisor |
Offices
& Factories
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Headquarters |
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Add |
Production
Information
l
Subject is engaged in manufacture of electronics and subject’s related companies
in the same group also produce electronics.
Purchase
Information
l
The registered activities of subject:
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Business Code |
Details |
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F401010 |
International Trading Business |
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CC01010 |
Manufacture of Power generating,
Power transmission power distribution machinery, etc |
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ZZ99999 |
Besides licensed business, all other business
items those are not banned or restricted. |
l
Subject purchases mainly from domestic market and
it is introduced that subject’s purchasing all depends on specific conditions
l
The subject is mainly engaged in sales of
electronics
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Subject’s products are both sold in domestic and
overseas market and subject exports to Europe, America, India & Arica, Aisa
Pacific and Middle East.
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Major products sold
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UPS |
Off Line UPS Line Interactive
UPS On Line UPS |
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AVR |
PowerMate AVR ( 450 / 625 / 1000VA ) Voltage Regulating. |
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Inverter |
Inverter /
Charger Telecom Power
System Solar Power
System |
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Software |
UPS monitoring
software branded WinPower |
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
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Payment Terms |
Proportion |
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Raw materials, etc |
COD, CBD, Credit Sales, etc |
100% |
Foreign Purchase
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Payment Terms |
Proportion |
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Raw materials, etc |
CBD, etc |
100% |
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Electronics |
CBD, etc |
100% |
Export
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Sales Terms |
Proportion |
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Electronics |
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 declined to disclose its financials citing the grounds of
company’s confidentiality; from other source we can not obtain the relevant
information, either.
Subject declined to disclose its Bank details; 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.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.49.07 |
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UK Pound |
1 |
Rs.77.19 |
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Euro |
1 |
Rs.65.57 |
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.