MIRA INFORM REPORT

 

 

Report Date :

21.05.2012

 

IDENTIFICATION DETAILS

 

Name :

CAL-COMP ELECTRONICS & COMMUNICATIONS COMPANY LIMITED

 

 

Registered Office :

3F., No.99, Sec. 5, Nanjing E. Rd., Songshan District, Taipei City 105

 

 

Country :

Taiwan

 

 

Date of Incorporation :

22.12.2004

 

 

Com. Reg. No.:

27580987

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Manufacture and sales of electronic products

 

 

No. of Employees :

Over 1,000 employees

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Good

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

 


Contact Points

 

Company Name:

Cal-Comp Electronics & Communications Company Limited

Supplied Name:

Cal Comp Electronics & Communications Co Ltd.

Trading Address:

A, 147, Sec. 3, Beishen Rd., Wanshuen Tsuen, Shenkeng Shiang, Taipei Taiwan 222

Supplied Address:

147, Sec. 3, Beishen Rd., Wanshuen Tsuen, Shenkeng Shiang, taipei taiwan 222

Telephone Number:

+886-2-7705-8001

Fax Number:

+886-2-2662-2391

E-mail:

ir@calcomp.com.tw 

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

 

Credit Summary

 

Credit Opinion:

Business connections are permissible.

 

Company Identification Details

 

Registered Name:

Cal-Comp Electronics & Communications Company Limited

Registered Address:

3F., No.99, Sec. 5, Nanjing E. Rd., Songshan District, Taipei City 105, Taiwan (R.O.C.)

Date of Incorporation

2004-12-22

Registration Number:

27580987

Registry:

Taipei City Government

Registered Capital:

NTD 100,000,000 (USD 3,390,000)

(As of 2012.05, 1 NTD = 0.0339 USD)

Paid-up Capital:

NTD 69,920,780 (USD 2,370,314)

Legal Representatives:

Shengxiong Xu

Legal Form:

Joint Stock Company

Principal Activities:

Manufacture and sales of electronic products

Staff:

Over 1,000 employees

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-6-29

 

History

 

Subject was incorporated on 2004-12-22 with registered number 27580987 as Joint Stock Company in Taiwan.

 

Shareholders

 

Name

Subscription Shares

Cal-Comp Electronics (Thailand) Pub Co Ltd

6,992,078         

 

 

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

 

Subsidiaries & Branches

 

Related Companies

Cal-Comp Electronics (Thailand) Public Company Limited
191/54, 191/57 18th FL., CTI Tower, Rachadapisek Road, Klongtoey, Bangkok 10110, Thailand.
TEL +66-2261-5033-40
FAX +66-2261-5042

Thailand Mahachai Factory

60 Moo 8, Sethakij Rd., Klong Moduea, Kratoom Bean Samuth, Thailand
TEL +66-3484-9686
FAX +66-3-471-998

Thailand Petchaburi Factory

138 Moo 4, Phetchkasem Rd., Sapang, Koaw Yoi, Petchaburi, Thailand
TEL +66-3-244-7766-67
FAX +66-3-244-7619-20

Cal-Comp Electronics (Suzhou) Co., Ltd (Literal Translation)
No.18, Jiangxing Road, Wujiang Economic Development Zone, Jiangsu, Peoples Republic of China
TEL +86-512-63407000
FAX +86-512-63407995

China Su-Zhou Wujiang Factory
No.2288, Jiangxing East Rd., Wujiang Economic Development Zone, Jiangsu, 215200, Peoples Republic of China
TEL +86-512-63407000
FAX +86-512-63407995

 

Personnel Information

Core Management

 

Directors

1

Name

Shengxiong Xu

Position

Board Chairman

2

Name

Shirong Shen

Position

Director & Manager

Date of Appointment

2008-8-26

3

Name

Shengjie Xu

Position

Director

4

Name

Khongsit Choukitcharoen

Position

Director

5

Name

Changqi Ke

Position

Supervisor

 

Personnel Structure

 

Total Employees

Over 1,000 employees

 

Operation Information

 

Offices & Factories

 

 

Headquarters

Add

A, 147, Sec. 3, Beishen Rd., Wanshuen Tsuen, Shenkeng Shiang, Taipei Taiwan 222

 

Production Information

 

l         Subject is a manufacturer of electronic products and subject has related factories in the mainland of China and Thailand to deal with the production activities.

l         Subject supplies ODM and Power Management service

 

Purchase Information

 

l         The registered activities of subject:

Business Code

Details

F119010 

Wholesales of electronic materials

F219010 

Retails of electronic materials

I301010 

Information software services

F213030 

Retails of computers and Routine machine equipment

F113050 

Wholesales of computers and Routine machine equipment

F213060 

Retails of Telecommunications equipment

F113070 

Wholesales of Telecommunications equipment

IZ99990 

Other industry and commerce services

F401010 

International Trading Business

F401021 

Import of Controlled telecommunications radio-frequency devices

ZZ99999 

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

 

l         Subject purchases raw materials both home and abroad.

 

Sales Information

 

l         The subject is mainly engaged in sales of electronic products

l         Subject’s products are both sold in domestic and overseas market and it exports to Europe, America and Japan, etc

 

Major products sold

Product Type

Detailed items

Storage

External HDD

HDD PCBA

Printing

Printer

Printer Modules

CIS

FAX

Communication

Set-Top-Box

Mobile Phone

Optical Fiber

Set-Top-Box PCBA

Low Volume High Mix

Industrial Printer

Color Laser MFP

Large Formatter

Server Power Supply

Storage Power Supply

AC DC Converter

Consumer Electronics

Calculator

Portable Keyboard

Electronic Dictionary

Mouse

GPS & GPS Module

Entertainment System

IT Products

Tablet PC

E-Book Reader

Remote Control

Photo Viewer

Power Management

Power Supply

AC / DC Adapter

PCBA for AV Products

TV PCBA

Car Audio Video PCBA

Green Energy

LED Lighting

Smart Grid

ATM / POS Enclosure

ATM, POS, Gaming Machines, etc

 

Import and export right:

Import right

Yes

Export right

Yes

 


Settlements

 

Purchase

 

Domestic Purchase

Product

Payment Terms

Proportion

Raw materials, etc

COD, Credit Sales, etc

100%

 

Foreign Purchase

Product

Payment Terms

Proportion

Raw materials, etc

CBD, etc

100%

 

Sales

 

Domestic Markets

Product

Sales Terms

Proportion

Electronic products

COD, etc

100%

 

Export

Product

Sales Terms

Proportion

Electronic products

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

Up to date of reporting, no existing or latent litigation of the subject has been found.

 

 

Interview Details

 

Department

Sales department

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.87

UK Pound

1

Rs.86.46

Euro

1

Rs.69.49

 

 

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%)

 

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.