|
Report Date : |
20.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
GABRIAN CHEMICAL CO., LTD. |
|
|
|
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Registered Office : |
7f., No.46, Sec.1, |
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|
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Country : |
|
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|
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Date of Incorporation : |
02.12.1992 |
|
|
|
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Com. Reg. No.: |
84105366 |
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|
|
|
Legal Form : |
Joint Stock Company |
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|
|
|
Line of Business : |
Manufacturer of chemical products. |
|
|
|
|
No. of Employees : |
About 10 Employees |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
No Complaints |
|
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) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company Name: |
|
|
Supplied Name: |
|
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Trading Address: |
|
|
Supplied Address: |
C/O |
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Telephone Number: |
|
|
Fax Number: |
|
|
E-mail: |
Notes:
The supplied name and address are incomplete, and the exact name and
address are as above.
|
Credit Opinion: |
|
Registered Name: |
Gabrian Chemical Co.,
Ltd. |
|
Registered Address: |
|
|
Date of Foundation: |
|
|
Registration Number: |
84105366 |
|
Registry: |
Taipei City Government |
|
Registered Capital: |
(As of 2012.6, 1 NTD =
0.03343 USD) |
|
Paid-up Capital: |
NTD 25,000,000 (USD
835,729) |
|
Legal Representatives: |
Fanqian Li Wang |
|
Legal Form: |
|
|
Principal Activities: |
|
|
Staff: |
|
|
Listed at Stock Exchange: |
|
|
Date of Last Annual Return: |
Subject was incorporated on
|
Name |
Subscription
Amount |
|
Fanqian Li Wang |
931,250 |
|
Shanguo Wang |
|
|
1,335,937 |
|
The information
above is that of subject’s major shareholders.
Core
Management
|
1 |
|
|
Name |
Fanqian Li Wang |
|
Position |
Board of Chairman |
|
2 |
|
|
Name |
Shanguo Wang |
|
Position |
Director |
|
3 |
|
|
Name |
Yixuan Chen |
|
Position |
Director |
|
4 |
|
|
Name |
Shangde Lao |
|
Position |
Supervisor |
Personnel
Structure
|
Total Employees |
About 10 Employees |
Offices
& Factories
|
|
Headquarters |
|
Add |
Production
Information
l
Subject is a manufacturer of chemical products and the related products
with the production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
C801030 |
Manufacture of
precious chemical material |
|
C801040 |
Manufacture of synthetic resin |
|
C802030 |
Manufacture of
paint |
|
C802120 |
Manufacture of
industrial additives |
|
C802150 |
Manufacture of
dyes and pigments |
l
The raw materials for production are mostly
purchased from local.
l
Subject is mainly engaged in manufacturing and
trading of chemical products and the related products.
l
Subject introduced that its major products include the
industrial additives, dyes, paint.
l
Subject introduced that its
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
Raw Material |
Cash, check, etc. |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Raw Material |
L/C , T.T, etc. |
100% |
Sales
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Industrial
additives, dyes, paint |
Cash, check,
etc. |
100% |
Export
|
Sales Terms |
Proportion |
|
|
Industrial
additives, dyes, paint |
L/C , T.T, 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. Wang declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
The bankers’ information is not available from the subject or other
sources.
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. Wang |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.01 |
|
|
1 |
Rs.87.85 |
|
Euro |
1 |
Rs.70.54 |
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.