MIRA
INFORM REPORT
|
Report Date : |
25.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
|
|
|
|
|
Formerly Known As : |
|
|
|
|
|
Registered Office : |
ROOM 2709, BLOCK A, DONGYA WANGJING CENTER, BUILDING 401, WANGJINGYUAN, CHAOYANG DISTRICT, BEIJING, 100102 PR CHINA feb. 14, 2011 110105013596382 LIMITED LIABILITIES
COMPANY 5 import and export business. (该公司目前实际主要从事进出口贸易)。 mainly include coconut husks fibers, arts and crafts, bath supplies, electronic components, watches, electronic products, etc. |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
|
|
|
|
|
Date of Incorporation : |
|
|
|
|
|
Com. Reg. No.: |
|
|
|
|
|
Legal Form : |
|
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
|
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
-- |
NB |
New Business |
-- |
|
Status : |
New Company |
|
Payment Behaviour : |
Unknown |
|
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ROOM 2709, BLOCK A, DONGYA WANGJING CENTER,
BUILDING 401, WANGJINGYUAN, CHAOYANG DISTRICT, BEIJING, 100102 PR CHINA
TEL: 86 (0)
10-57153889 FAX: 86 (0) 10-74286263
EXECUTIVE SUMMARY
INCORPORATION DATE : feb. 14, 2011
REGISTRATION NO. : 110105013596382
REGISTERED LEGAL FORM : LIMITED LIABILITIES
COMPANY
STAFF STRENGTH :
5
REGISTERED CAPITAL : CNY 1,000,000
BUSINESS LINE :
TRADING
TURNOVER :
N/A
EQUITIES :
N/A
PAYMENT :
AVERAGE
RECOMM.
MARKET CONDITION : AVERAGE
FINANCIAL CONDITION : N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION : AVERAGE
EXCHANGE RATE :
CNY 6.39= USD 1 AS OF
CREDIT RATING : CA4- (see below explanatory notes)
|
RATING KEY |
CREDIT RISK ASSESSMENT |
PROPOSED CREDIT LIMIT (in concerned business field) |
|
|
CA1 |
Minimal |
Credit can proceed with favorable terms |
Large amount |
|
CA2 |
Low |
Credit can proceed promptly |
Fairly large amount |
|
CA3 |
Average |
Credit can proceed normally |
Moderate amount |
|
CA4 |
Above average |
Credit should proceed with monitor |
Small amount – periodical review |
|
CA5 |
Fairly High |
Credit should be extended under guarantee |
C.O.D. To small amount |
|
CA6 |
High |
Credit is not recommended |
C.O.D. |
|
NR |
Assessment not conducted |
Insufficient data available |
No recommendation |
This rating 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 %) in our credit
analysis are as follows:
Financial
condition (40%) Ownership
background (10%) Payment
record (10%)
Credit history
(15%) Market
trend (10%) Operational
size (15%)
In case of unlimited companies, newly established companies, or lack of
financial data, more weight is given to ‘Ownership background’ and ‘Payment
record’ in our analysis.
Adopted
abbreviations:
ANS - amount not
stated NS - not stated SC - subject company (the company
inquired by you)
NA - not available CNY - China Yuan Ren Min Bi
Note: the
correct company name of SC should be the heading one instead of the given one
“Beijing Dakaiel Import & Export Co., Ltd.”.
SC was registered
as a limited liabilities company at local Administration for Industry &
Commerce (AIC - The official body of issuing and renewing business license) on
Feb. 14, 2011.
Company Status: Limited liabilities co. This form of business in PR
China is defined as a legal person. No more than fifty shareholders
contribute its registered capital jointly. Shareholders bear limited
liability to the extent of shareholding, and the co. is liable for its
debts only to extent of its total assets. The characteristics of this form
of co. are as follows: Upon
the establishment of the co., an investment certificate is issued to the
each of shareholders. The board of directors is
comprised of three to thirteen members. The minimum registered capital
for a co. is CNY 30,000. Shareholders may take their
capital contributions in cash or by means of tangible assets or intangible
assets such as industrial property and non-patented technology. Cash contributed by all shareholders
must account for at least 30% of the registered capital. Existing shareholders have
pre-exemption right to purchase shares of the co. offered for sale by the
other shareholders and to subscribe for the newly increased registered
capital of the co.
SC’s registered business scope includes selling hardware, chemical
products (excluding dangerous chemicals), machinery and equipment, handicrafts,
construction materials, stationery, sporting goods, furniture, metal materials,
clothing, textile needles; import and export of goods; import and export agent;
import and export of technology; technical extension services; accounting
advisory; economic and trade advisory; education advisory (excluding study
abroad advice and intermediary services); investment advice; investment
management; business management consulting; computer technology training;
dispatch services; convention and exhibition services; organizational culture
and art exchange activities (excluding performance); design, production of
advertising; freight forwarding; warehousing services. (该公司的法定经营范围包括：销售五金交电、化工产品（不含危险化学品）、机械设备、工艺品、建筑材料、文具用品、、体育用品、家具、金属材料、服装、针纺织品；货物进出口；代理进出口；技术进出口；技术推广服务；会计咨询；经济贸易咨询；教育咨询（不含出国留学咨询及中介服务）；投资咨询；投资管理；企业管理咨询；计算机技术培训；劳务派遣；会议及展览服务；组织文化艺术交流活动（不含演出）；设计、制作广告；货运代理；仓储服务。)
SC is mainly
engaged in import and export business. (该公司目前实际主要从事进出口贸易)。
Li Haifei (李海飞) is the legal
representative, chairman and general manager of SC at present.
SC is known
to have approx. 5 employees at present.
SC
is currently operating at the above stated address, and this address houses its
operating office in the commercial zone of Beijing. SC’s management declined to
release detailed information of the premise.
http://www.dakaile.com/index.asp
The design is professional and the content is well organized. At present it is
in Chinese and English versions.
Email: info@dakaile.com.cn
No significant events or changes were found during our checks with local
AIC.
MAIN SHAREHOLDERS:
Name %
of Shareholding
Guan Yufei 49
管予菲
Li Haifei 51
李海飞
l
Legal representative, Chairman and General manager:
Li Haifei (李海飞) is currently responsible for the overall
management of SC.
Working
Experience(s):
At
present Working in SC
as legal representative, chairman and general manager
Supervisor:
……………
Guan Yufei
管予菲
SC is mainly
engaged in import and export business. (该公司目前实际主要从事进出口贸易)。
SC’s products mainly
include coconut husks fibers, arts and crafts, bath supplies, electronic
components, watches, electronic products, etc.
SC sources its
merchandise 70% from domestic market and 30% from overseas market, mainly
The buying terms of SC include Check, T/T, L/C and Credit of 30-60 days.
The payment terms of SC include Check, T/T, L/C and Credit of 30-60 days.
Note:
SC’s management declined to release its major clients and suppliers.
SC
is not known to have any subsidiary at present.
Overall payment appraisal:
( ) Excellent (
) Good (X) Average (
) Fair ( ) Poor
( ) Not yet determined
The appraisal serves as a reference to reveal SC's payments habits and
ability to pay. It is based on the 3
weighed factors: Trade payment
experience (through current enquiry with SC's suppliers), our delinquent
payment and our debt collection record concerning SC.
Trade payment experience: SC did not
provide any name of trade/service suppliers and we have no other sources to
conduct the enquiry at present.
Delinquent
payment record: None in our database.
Debt collection record: No overdue amount owed by SC was placed to us for
collection within the last 6 years.
SC’s management
declined to release its banking information.
SC’s financial reports
were not found during our checks with the local Administration for Industry and
Commerce.
SC’s management
declined to release any financial information.
SC is considered small-sized in its line with a short operation history.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. |
|
|
1 |
Rs. |
|
Euro |
1 |
Rs. |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.