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Report Date : |
05.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
JIN CHANG SHUN CO., LTD. |
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|
|
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Registered Office : |
4f., No.209, Sec. 1, Ziqiang Rd., Sanchong Dist., New Taipei City 241 |
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|
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Country : |
Taiwan |
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Date of Incorporation : |
11.10.2010 |
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Com. Reg. No.: |
53184962 |
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|
|
Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of painting |
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No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
-- |
NB |
New Business |
-- |
|
Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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 |
Notes:
The exact name is as above.
|
Credit Opinion: |
Since the subject is a newly established
company, the future development remains to be seen. At this stage credits
require securities. |
According to the supplied name and address, we found a
telephone number (+886 2-29883885),
and we tried to contact subject, a staff answered the phone, but she declined
to disclose the information about subject, except the name and the address.
From other
sources, we couldn’t find any information about subject.
We found subject’s
registration information as follows for reference.
|
Registered Name: |
Jin Chang Shun Co.,
Ltd. |
|
Registered Address: |
|
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Date of Foundation: |
|
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Registration Number: |
53184962 |
|
Registry: |
New Taipei City
Government |
|
Registered Capital: |
(As of 2012.5, 1 NTD = 0.03424 USD) |
|
Legal Representatives: |
Zongqing Cai |
|
Legal Form: |
|
|
Principal Activities: |
|
|
Staff: |
|
|
Listed at Stock Exchange: |
|
|
Date of Last Annual Return: |
Subject declined
to disclose the staff number, and from other sources, we couldn’t obtain the
information, either.
Subject was incorporated on
|
Name |
Subscription
Amount |
|
Zongqing Cai |
1,000,000 |
The information
above is that of subject’s major shareholders.
Core
Management
|
Name |
Zongqing Cai |
|
Position |
Director |
Offices
& Factories
|
|
Headquarters |
|
Add |
|
Operation
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
F107010 |
Wholesale of
painting |
|
F401010 |
International
trade |
|
ZZ99999 |
Besides licensed
business, all other business items those are not banned or restricted. |
l
From other sources, we couldn’t obtain any
information on operation about subject.
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Subject declined to disclose the settlements information, and from other
sources, we couldn’t obtain the information, either.
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.
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.
Note:
A lady answered the phone, but refused to disclose her name.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.72 |
|
|
1 |
Rs.86.98 |
|
Euro |
1 |
Rs.70.64 |
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.