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Report Date : |
21.05.2012 |
IDENTIFICATION DETAILS
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Name : |
LONG DAY SKY ENTERPRISE CO., LTD. |
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Registered Office : |
1f., No.198, |
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Country : |
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Date of Incorporation : |
23.07.1984 |
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Com. Reg. No.: |
76472155 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Processor of steel and the related products. |
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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 : |
No Complaints |
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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 |
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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 |
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Company Name: |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
198 Baomi Road, Ganshan Township, Kaohsiung
County 820 Taiwan |
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Telephone Number: |
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Fax Number: |
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E-mail: |
Notes:
The supplied address is the factory address of subject, and the exact
trading address is as above.
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Credit Opinion: |
Subject declined
to disclose the staff number, and from other sources, we couldn’t obtain the
information, either.
Subject was incorporated on
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Subscription
Shares |
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Yinfeng Su |
66,500 |
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Yinlong Su |
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66,500 |
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Tailong Deng |
4,250 |
|
Yanye Wu |
4,250 |
The information above
is that of subject’s major shareholders.
Factory:
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Address |
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Telephone Number: |
+886 7-625-8721~6 |
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Fax Number: |
+886 7-625-8727 |
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E-mail: |
Core
Management
Directors
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1 |
|
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Name |
Yinfeng Su |
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Position |
Board of Chairman |
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2 |
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Name |
Yinlong Su |
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Position |
Director |
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3 |
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Name |
Tailong Deng |
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Position |
Director |
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4 |
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Name |
Yanye Wu |
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Position |
Supervisor |
Offices
& Factories
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Headquarters |
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Add |
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Production
Information
l
Subject is a processor of steel and the related products with the production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
1 |
Trade of machinery
(Calendaring machine, Strip cutting machine, Plate shearing machine, etc.) |
|
2 |
Trade of
Galvanized sheet and the related products |
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3 |
Processing and
Cutting of steel and the related products. |
l
The components and raw material for production are
purchased from local.
l
Subject is mainly engaged in processing and trading
of steel and the related products.
l
Subject introduced its major products
sold as following:
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Product |
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1 |
Hot polled steel |
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2 |
Cold rolled
steel |
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3 |
Hot dipped
galvanized checkered steel |
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4 |
Galvanized press
checkered plate |
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5 |
Hot rolled,
pickled and oiled |
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6 |
Expansion plate |
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7 |
Others |
l
Subject’s selling territory covers all over the
world.
Import and export
right:
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Import right |
Yes |
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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:
The staff declined to disclose her name.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.87 |
|
|
1 |
Rs.86.46 |
|
Euro |
1 |
Rs.69.49 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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 |
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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 |
-- |
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.