MIRA
INFORM REPORT
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Report Date : |
22.06.2012 |
IDENTIFICATION DETAILS
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Name : |
HONGKONG INET TECHNOLOGY LIMITED |
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Registered Office : |
A610, Mingyou, |
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Country : |
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Date of Incorporation : |
19.08.2010 |
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Legal Form : |
Private |
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Line of Business : |
Exporting Tablet Computer |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Registered in Hong Kong |
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Payment Behaviour : |
Unknown |
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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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China |
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 |
Company name and address
HONGKONG INET TECHNOLOGY LIMITED
A610, MINGYOU, NO. 168 BAOYUAN ROAD, XIXIANG STREET
BAOAN DISTRICT, SHENZHEN, GUANGDONG PROVINCE 518100 PR CHINA
TEL: 86 (0) 755-86322980
FAX: 86 (0) 755-86322986
NARRATIVE REPORT
This refers to a type of report whose format is different from that of a
standard report. Such type of report is provided when:
l
Information obtained is insufficient for compiling
a standard report.
l
The enquired co has been out of business or its
business address has been untraceable.
It should be noted that the time and manpower spent on preparing such
type of report might be greater than those on a standard report. On many
occasions, the information in this type of report still indicates the current
status of the enquired co. and serves as a useful reference to assess its credit
standing.
------------------------------------------
Adopted abbreviations (as follows)
SC - Subject Company
(the company inquired by you)
N/A – Not available
CNY – China Yuan Ren
Min Bi
CHECK ON SC’S REGISTERED
TELEPHONE LINE
²
According to the
given name, we found the following contact ways,
Tel: 86 (0)
755-86322980
Fax: 86 (0)
755-86322986
When we dialed the above telephone number, a lady answered the phone.
She admitted the given English name, and told us SC is registered in Hong Kong,
and its Chinese name in translation is “香港品网科技有限公司”, SC mainly
operates in Shenzhen, Guangdong Province PR China.
²
The lady
introduced the below information,
A.
SC is mainly engaged in exporting tablet computer.
B.
The products mainly include: Smart pad, etc.
C.
SC sources its materials 100% from domestic market,
mainly Shenzhen. SC sells 100% to overseas market, mainly India, Pakistan, Mid
East, etc.
D.
She refused to release further information on SC.
SPOT VISIT
Room 2805, 28
Floor West Tower Nanshan District Shen Zhen
According to the lady, the above address was the former one, while SC
locates in A610, Mingyou, No. 168 Baoyuan Road, Xixiang Street, Baoan District,
Shenzhen, Guangdong Province 518100 PR China (Current address).
REGISTRATION
During our check with Hong Kong Registry, we found
the following registration about SC,
Company Name: Hongkong Inet Technology Limited
Company File No.: 1495331
Date of Registration: August 19, 2010
Legal Form: Private
Status: Live
CONCLUSIONS
SC is considered small-sized in its line with 2years business history.
Credit dealings with SC should be confined into small amount at present.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.56.42 |
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1 |
Rs.88.45 |
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Euro |
1 |
Rs.71.52 |
INFORMATION DETAILS
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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 |
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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.