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Report Date : |
19.06.2012 |
IDENTIFICATION DETAILS
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Name : |
PROTECTOR SPRINKLER
IND. CO., LTD. |
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Formerly Known As : |
PROTECTOR SPRINKLERS IND. CO., LTD. |
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Registered Office : |
No.3, Alley 16, Lane 228, Sec. 2, Nankan Rd., Lujhu Township, Taoyuan County 338 |
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Country : |
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Date of Incorporation : |
10.11.1997 |
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Com. Reg. No.: |
16176481 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and
sales of fire protection equipment, etc |
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No. of Employees : |
About 30 Employees |
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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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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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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Former Name: |
Protector
Sprinklers Ind. Co., Ltd. |
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Supplied Name: |
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Trading Address: |
No.3, Alley 16, Lane 228, Sec. 2, Nankan
Rd., Lujhu Township, Taoyuan County 338, Taiwan (R.O.C.) |
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Supplied Address: |
3 Alley 16 Lane 228nan Kan Rd Section 2
Luchu Hsiang Taoyuan Hsien 338xxx Taiwan |
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Telephone Number: |
+886-3-3129308 |
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Fax Number: |
+886-3-3217956 |
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E-mail: |
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Website: |
Notes:
The correct name and address are as above mentioned.
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Credit Opinion: |
Subject was incorporated on
Change of Name
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Former English
Name |
Protector
Sprinklers Ind. Co., Ltd. |
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Current English
Name |
Protector Sprinkler Ind. Co., Ltd. |
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Name |
Subscription Shares |
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Xiuying Jian |
73,000 |
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Guozhen Huang |
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322,000 |
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Shuqiong Yang |
54,000 |
The information
above is that of subject’s major shareholders.
Core
Management
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1 |
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Name |
Xiuying Jian |
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Position |
Chairman |
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2 |
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Name |
Guozhen Huang |
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Position |
Director |
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3 |
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Name |
Shuqiong Yang |
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Position |
Director |
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4 |
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Name |
Chongzhi Jian |
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Position |
Supervisor |
Personnel
Structure
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Total Employees |
About 30 Employees |
Offices
& Factories
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Headquarters |
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Add |
No.3, Alley 16, Lane 228, Sec. 2, Nankan Rd., Lujhu Township, Taoyuan
County 338, Taiwan (R.O.C.) |
Production
Information
l
Subject is engaged in
manufacture of fire protection equipment, etc.
l
Subject obtained the ISO
9001 certification.
Purchase Information
l
The registered activities of subject:
|
Business Code |
Details |
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Design, manufacture and sales of automatic fire
extinguishing equipment, automatic watering equipment, fire hydrant
equipment, valve and hose nippler, etc |
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Assembly design, installation and sales of
automatic fire alarms, automatic fire extinguisher, automatic watering
equipment, lighting fixture and loud-speaker, etc |
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F117010 |
Wholesale of fire control safety equipment |
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F217010 |
Retail of fire control safety equipment |
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CB01990 |
Manufacture of other machinery (fire control
safety equipment ) |
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CC01040 |
Manufacture of lighting fixture |
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CR01010 |
Manufacture
of gas equipment and component |
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-- |
Trade of building materials |
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-- |
Design, installation, trade and maintenance of
fire control safety system equipment |
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-- |
Construction of fire control safety system
equipment (except the construction industry) |
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-- |
Construction of upholstery design (except the
construction industry) (except construction interior decoration) (except
architect) |
l
The components and raw material for production are
mostly purchased from Taiwan, America and Germany, etc
l
Subject is engaged in
sales of fire protection equipment, etc.
l
Subject’s sale regions
include North America, South America, Europe, Asia, Africa, Oceania, etc.
Major products
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Concealed
Sprinkler |
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Conventional
Sprinkler |
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Fire Hose |
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Flush Pendent
Sprinkler |
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Pendent
Sprinkler |
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Recessed Pendent
Sprinkler |
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Sidewall
Sprinkler |
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Slowly
Descending Devices |
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Upright
Sprinkler |
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Valve |
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase (Taiwan)
|
Payment Terms |
Proportion |
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Components and raw material |
COD, CBD, etc |
100% |
Foreign Purchase
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Payment Terms |
Proportion |
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Components and raw material |
CBD, etc |
100% |
Sales
Domestic Markets (Taiwan)
|
Sales Terms |
Proportion |
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Fire protection equipment, etc |
COD, CBD, etc |
100% |
Export
|
Sales Terms |
Proportion |
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Fire protection equipment, etc |
CBD, etc |
100% |
Notes: Subject’s settlement for export is generally in USD
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. Lin 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
cannot 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. Lin |
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Department |
Sales Department |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.59 |
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|
1 |
Rs.87.34 |
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Euro |
1 |
Rs.70.66 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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 |
-- |
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.