MIRA INFORM REPORT

 

 

Report Date :           

13.03.2012

 

IDENTIFICATION DETAILS

 

Name :

STAMPO ENTERPRISES CO., LTD.

 

 

Formerly Known As :

Stampo Co., Ltd.

 

 

Registered Office :

No.81, Lane 168, Yilin Rd., Rende Dist., Tainan City 717

 

 

Country :

Taiwan

 

 

Date of Incorporation :

29.09.2004

 

 

Com. Reg. No.:

27454665

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Manufacture and sales of mechanical equipment

 

 

No. of Employees :

About 70 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

 

Maximum Credit Limit :

USD 40,000

Status :

Moderate

Payment Behaviour :

No Complaints

Litigation :

Exists

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 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Taiwan

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Contact Points

 

Company Name:

Stampo Enterprises Co., Ltd.

Supplied Name:

Stampo Enterprises Co Ltd.

Trading Address:

No.81, Lane 168, Yilin Rd., Rende Dist., Tainan City 717, Taiwan (R.O.C.)

Supplied Address:

No. 81, Lane 168, Yilin Rd., Rende Township, Taiwan Country 71752, Taiwan, R.O.C.

Telephone Number:

+886-6-2495896

Fax Number:

+886-6-2495876

E-mail:

info@stampo.com.tw

Notes: Subject’s exact name and address are as above.

 

 

Credit Summary

 

Credit Rating:

Maximum credit USD 40,000

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

Stampo Enterprises Co., Ltd.

Registered Address:

No.81, Lane 168, Yilin Rd., Rende Dist., Tainan City 717, Taiwan (R.O.C.)

Date of Foundation:

2004-9-29

Registration Number:

27454665

Registry:

MOEA Central Office

Registered Capital:

NTD 180,000,000 (USD 6,102,000)

(As of 2012.03, 1 NTD = 0.0339 USD)

Paid-up Capital:

NTD 180,000,000 (USD 6,102,000)

Legal Representatives:

Qingfang Shichen

Legal Form:

Joint Stock Company

Principal Activities:

Manufacture and sales of mechanical equipment.

Staff:

About 70 employees (Taiwan)

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-8-29

 

 

History

 

Subject was incorporated on 2004-9-29 with registered number 27454665 as Joint Stock Company in Taiwan.

 

Change of Name

Former Chinese Name

鈤占企業股份有限公司

Current Chinese Name

占揚機械實業股份有限公司

 

Former English Name

Stampo Co., Ltd.

Current English Name

Stampo Enterprises Co., Ltd.

 

 

Shareholders

 

Name

Subscription Shares

Qingfang Shichen

1,950,000         

 

Zhankui Shi

 

2,100,000

 

Qili Zhu

1,400,000

Junjie Yang

1,000,000

Peizhe Zhong

300,000

Lian Yu Investment Corp

(Registered in British Virgin Island)

5,000,000

 

The information above is that of subject’s major shareholders.

 


Subsidiaries & Branches

 

It is introduced that subject has a factory in Kunshan, China, while the details are not disclsoed.

 

 

Personnel Information

 

Core Management

Directors

1

Name

Qingfang Shichen

Position

Board Chairman

2

Name

Zhankui Shi

Position

Director

3

Name

Qili Zhu

Position

Director

4

Name

Junjie Yang

Position

Director

5

Name

Peizhe Zhong

Position

Director

6

Name

Wobo Hong

Position

Supervisor

 

Personnel Structure

Total Employees

About 70 employees (Taiwan)

 

 

Operation Information

 

Offices & Factories

 

Headquarters

Add

No.81, Lane 168, Yilin Rd., Rende Dist., Tainan City 717, Taiwan (R.O.C.)

 

Production Information

l         Subject is a manufacturer of screw molding machines and nut molding machines

l         It is introduced that subject has factory in Kunshan, China.

l         Subject has obtained the certification of TUV ISO 9001-2000, etc

 

Purchase Information

l         The registered activities of subject:

Business Code

Details

ZZ99999

 

Besides licensed business, all other business items those are not banned or restricted.

l         Subject purchases raw materials and components both at home and abroad, it is introduced that subject’s purchasing depends on specific conditions and customers’ demands.

Sales Information

l         The subject is mainly engaged in sales of screw molding machines and nut molding machines

l         Subject’s products are both sold in domestic and overseas market and subject’s business spreads over the regions of Taiwan, South  America, Brazil, Germany, Turkey, Iran, Egypt, China, India, Itay, Indonesia, Malaysia, Thailand, Mexico, Russia and South Korea, etc

Major products sold

1

SBF2/3/4/5 screw molding machines

2

SDB2/3/4/5 Akle screw molding machines

3

SUB2/3/4/5 Super long screws molding machine

Import and export right:

Import right

Yes

Export right

Yes

 

Settlements

 

Purchase

Domestic Purchase

Product

Payment Terms

Proportion

Raw materials and components, etc

COD, etc

100%

 

Foreign Purchase

Product

Payment Terms

Proportion

Raw materials and components, etc

CBD, etc

100%

 

Sales

Domestic Markets

Product

Sales Terms

Proportion

Screws and nuts Molding machines

CBD, etc

100%

 

Export

Product

Sales Terms

Proportion

Screws and nuts Molding machines

CBD, etc

100%

 

 

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 declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.

 

Bankers

 

Subject declined to disclose its bank details; from other source we can not obtain the relevant information, either.

 

 

Public Record

 

Mortgage

No chattel mortgage record of subject has been found within the recent 3 months.

 

Lawsuit

1

Trial Number

98,南簡,522

Trial Date

980630

Reason

Payment of fare

2

Trial Number

98,南簡,522

Trial Date

980617

Reason

Payment of fare

 

 

Interview Details

 

Department

Sales department

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.02

UK Pound

1

Rs.79.00

Euro

1

Rs.66.18

 

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.