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Report Date : |
02.05.2012 |
IDENTIFICATION DETAILS
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Name : |
RED HOPE CO., LTD. |
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Registered Office : |
No.91, Ln. 1434, |
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Country : |
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Date of Incorporation : |
08.06.1999 |
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Com. Reg. No.: |
16936188 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Trading of paintings, etc |
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No. of Employees : |
Not Available |
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 : |
Usually Correct |
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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
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
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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Supplied Name: |
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Trading Address: |
No.91, Ln. 1434,Chunri Rd.,Taoyuan City,
Taoyaun County 33051, Taiwan |
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Supplied Address: |
91 Lane 1434 Chun Jih Rd Taoyuan City
Taoyuan Hsien 330 Taiwan |
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Telephone Number: |
+886-3-3582388 |
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Fax Number: |
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E-mail: |
Notes: The exact subject’s name and address are as above mentioned.
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Credit Opinion: |
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Registered Name: |
Red Hope Co., Ltd. |
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Registered Address: |
No.91, Ln. 1434,Chunri Rd.,Taoyuan City, Taoyaun County 33051, Taiwan |
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Date of Foundation: |
1999-6-8 |
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Registration Number: |
16936188 |
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Registry: |
Ministry of Economic Affairs Central Office |
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Registered Capital: |
(As of 2012.04, 1 NTD = 0.033 USD) |
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Paid-up Capital: |
NTD 5,000,000 (USD 165,000) |
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Legal Representatives: |
Xiumei Xu |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
Notes: The subject
declined to introduce its staff number.
Subject was incorporated on 1999-6-8 with registered
number 16936188 as Private
Limited Liability Company in Taiwan.
Change of Name
|
Former Chinese
Name |
芮泓貿易有限公司 |
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Current Chinese
Name |
芮泓實業有限公司 |
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Name |
Subscription Amount |
|
Xiumei Xu |
2,000,000 |
The information above is that of subject’s major shareholders.
Core
Management
|
Xiumei Xu |
|
|
Position |
Director |
Offices
& Factories
|
|
Headquarters |
|
Add |
No.91, Ln. 1434,Chunri Rd.,Taoyuan City, Taoyaun County 33051, Taiwan |
Production
Information
l
Subject is a trader of paintings without any
production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
F401010 |
International trade |
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F107010 |
Wholesales of dyes, pigments |
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F107020 |
Wholesales of dyes, pigments |
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F107170 |
Wholesales of Industrial additives |
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F104010 |
Wholesales of cloths |
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F113030 |
Wholesales of Precision instruments |
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F113050 |
Wholesales of Transactional machinery and
equipment |
Besides licensed business, all other business items those are not banned
or restricted.
l
The products for sales are purchased from domestic.
l
The subject is mainly engaged in trading of
paintings.
l
Subject’s products include dyes, pigments,
paintings, industrial additives, etc.
l
Subject’s markets are mainly foreign markets.
l
Subject exports overseas
markets worldwide according to orders.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
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|
Paintings |
COD, CBD, etc. |
100% |
Foreign Purchase
Notes: Subject seldom imports.
Sales
Domestic Markets
Notes: Subject mainly exports.
Export
|
Sales Terms |
Proportion |
|
|
Paintings |
CBD, etc. |
100% |
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 declined to disclose its financials citing the
grounds of company’s confidentiality; from other source we can not 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. Xu |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.68 |
|
UK Pound |
1 |
Rs.85.12 |
|
Euro |
1 |
Rs.69.38 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
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 |
|
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 |
|
<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.