MIRA
INFORM REPORT
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Report Date : |
18.01.2012 |
IDENTIFICATION DETAILS
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Name : |
CHARNG GUEY MACHINERY CO., LTD. |
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Registered Office : |
4, Lane 48, Nan Hsing Rd., Yongkang Dist., Tainan City 710 |
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Country : |
Taiwan |
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Date of Incorporation : |
22.02.1980 |
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Com. Reg. No.: |
73693417 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and trade of the screw making machines |
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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 30,000 |
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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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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.4, Lane 48, Nan Hsing Road, Yung Kang,
Tainan Hsien, Taiwan. |
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Supplied Address: |
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Telephone Number: |
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Fax Number: |
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E-mail: |
Notes:
The supplied address is incomplete, and the exact address is as above.
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Company Identification Details
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Registered Name: |
Charng Guey Machinery
Co., Ltd. |
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Registered Address: |
4, Lane 48, Nan Hsing
Rd., Yongkang Dist., Tainan City 710, Taiwan (R.O.C.) |
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Date of Foundation: |
|
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Registration Number: |
73693417 |
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Registry: |
MOEA Central Office |
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Registered Capital: |
(As of 2012.1, 1 NTD =
0.03225 USD) |
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Paid-up Capital: |
NTD 10,000,000 (USD
322,477) |
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Legal Representatives: |
Kunquan Li |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
The staff number
is not available from the subject or other sources.
History
Subject was incorporated on
Shareholders
|
Name |
Subscription
Amount |
|
Kunquan Li |
1,668 |
|
Huijuan Li |
|
|
1,561 |
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Benyuan Li |
1,666 |
|
Tianyu Li |
1,666 |
|
Guotang Li |
834 |
|
Huizhu Li |
1,561 |
The information
above is that of subject’s major shareholders.
Subsidiaries & Branches
Personnel Information
Core
Management
Directors
|
1 |
|
|
Name |
Kunquan Li |
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Position |
Board Chairman |
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2 |
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Name |
Huijuan Li |
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Position |
Director |
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3 |
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Name |
Benyuan Li |
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Position |
Director |
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4 |
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Name |
Tianyu Li |
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Position |
Director |
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5 |
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Name |
Guotang Li |
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Position |
Director |
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6 |
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Name |
Huizhu Li |
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Position |
Supervisor |
Operation Information
Offices
& Factories
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Headquarters |
|
Add |
No.4, Lane 48,
Nan Hsing Road, Yung Kang, Tainan Hsien, Taiwan. |
Production
Information
l
Subject is a manufacturer of screw making machines
with the production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
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1 |
Trade , repair,
manufacture of screw components, iron wire nail, rivet |
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2 |
Import and
export of above products. |
l
The components and raw material for production are mostly
purchased from abroad.
l
Subject is mainly engaged in manufacturing and
trading of the screw making machines and the related products.
l
Major products sold as following:
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Product |
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1 |
High Speed
Thread Rolling Machine |
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2 |
Automatic Thread
Rolling Machine |
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3 |
Production
Equipment |
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4 |
Others |
l
Subject introduced that it has many distributors in
about 20 countries as Europe, countries in South- East Asia, and South America.
l
Subject’s selling territory covers all over the
world, such as Asia, USA, and Australia and so on.
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Settlements
Subject declined the
settlements information, and from other sources, we couldn’t obtain the
information, either.
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 Mr. Li 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 |
Mr. Li |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.06 |
|
|
1 |
Rs.78.48 |
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Euro |
1 |
Rs.64.99 |
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 |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.