MIRA INFORM REPORT
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Report Date : |
12.01.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
STEADY STREAM BUSINESS CO., LTD. |
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Registered Office : |
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Country : |
Taiwan |
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Date of Incorporation : |
28.04.1989 |
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Com. Reg. No.: |
23329771 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and trade
of plastic injection mold and die casting mold |
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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 50,000 |
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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: |
No. 333, |
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Supplied Address: |
No. 335, |
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Telephone Number: |
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Fax Number: |
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E-mail: |
ssb58029@ms8.hinet.net / y29771@ms25.hinet.net (Japanese) |
Notes:
The supplied name and address are not accurate, and the exact name and address are as above.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Company
Identification Details
Note:
The staff number is not available from the subject or other sources.
History
Subject was incorporated on
Shareholders
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Name |
Subscription
Number |
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Peishan Qi |
5,750 |
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Xiujuan Zhang |
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100 |
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Shihong Lv |
5,500 |
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Yongkang Zhang |
4,000 |
Subsidiaries &
Branches
Subject introduced that it has a factory located in South of Taiwan, and it
has a mold factory in New Delhi, India. But more details of the factories is
not available from subject, because it refused to disclose the information.
Personnel
Information
Core
Management
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1 |
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Name |
Peishan Qi |
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Position |
Board Chairman |
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2 |
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Name |
Xiujuan Zhang |
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Position |
Director |
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3 |
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Name |
Shihong Lv |
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Position |
Director |
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4 |
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Name |
Yongkang Zhang |
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Position |
Supervisor |
Operation
Information
Offices
& Factories
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|
Headquarters |
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Add |
No. 333, |
Production
Information
l
Subject is a manufacturer of plastic injection mold
and die casting mold with the production activities.
Purchase
Information
l
The registered activities of subject:
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Business Code |
Details |
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1 |
Import and export of varies of electronic
components |
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2 |
Trade of varies of rubbers, plastic raw material
, mold, construct material, hardware |
l
The components and raw material for production are
purchased from local Taiwan and abroad.
l
The subject is mainly engaged in manufacturing and
trading of plastic injection mold and die casting mold.
l
Subject introduced that it would manufacture as the
query of customer and supply the after services of products.
l
Major products sold as following:
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Product |
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1 |
Communication and Computer parts Mold |
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2 |
Home Appliance Mold |
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3 |
Automobile and Motorcycle Parts |
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4 |
Construct Mold |
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5 |
Medical Mold |
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6 |
Others industrial Mold |
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7 |
Rubber injection Mold |
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8 |
Others |
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Subject’s selling territory covers many countries,
such as Japan, Europe, East Europe, North and South America, Middle East, North
and South Africa, Asia.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Subject declined to disclose the purchase settlements information, and
from other sources, we couldn’t obtain the information, either.
Sales
Domestic Markets
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Sales Terms |
Proportion |
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CBD, etc |
100% |
Export
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Sales Terms |
Proportion |
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Plastic injection mold and die casting mold. |
T.T, L/C, 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’s relevant staff Ms. Zhang declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
Bankers
The bankers’ information is not available from the
subject or other sources.
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
|
Name |
Ms. Zhang |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.75 |
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UK Pound |
1 |
Rs.80.01 |
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Euro |
1 |
Rs.65.99 |
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.