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Report Date : |
24.05.2012 |
IDENTIFICATION DETAILS
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Name : |
ESQUEL ENTERPRISES LIMITED |
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Registered Office : |
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Country : |
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Year of Establishment : |
1977 |
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Legal Form : |
Private Parent Company |
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Line of Business : |
Production of cotton fabrics and clothing, principally mens' shirts |
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No. of Employees : |
43,000 |
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
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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A2 |
A2 |
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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 |
Esquel Enterprises Limited
12/F Harbour Centre
25 Harbour Road
Wanchai,
Hong Kong
Tel: 852 2811 8077
Fax: 852 2960 6988
Web: www.esquel.com
Employees:
43,000
Company Type: Private
Parent
Corporate Family: 2
Companies
Incorporation Date: 1977
Reporting Currency: Hong
Kong Dollar
Annual Sales: NA
Total Assets: NA
Production of cotton fabrics and clothing, principally mens' shirts
Industry
Industry Textiles - Non Apparel
ANZSIC 2006: 1312 - Natural
Textile Manufacturing
NACE 2002: 1721 - Cotton-type
weaving
NAICS 2002: 313210 -
Broadwoven Fabric Mills
UK SIC 2003: 1721 - Cotton-type
weaving
US SIC 1987: 2211 - Broadwoven
Fabric Mills, Cotton
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Name |
Title |
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Marjorie Yang |
Chairman |
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Teresa Yang |
Vice Chairman |
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York Liao |
Independent Non-Executive Director |
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Daniel Ng |
Independent Non-Executive Director |
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John Strickland |
Independent Non-Executive Director |
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Title |
Date |
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Hong Kong Young Fashion Designers' Contest Winners Announced |
18-Jan-2012 |
Key IDSM Number: 46009373
1 - Profit & Loss Item Exchange Rate: USD 1 = HKD
2 - Balance Sheet Item Exchange Rate: USD 1 = HKD
Location
12/F Harbour Centre
25 Harbour Road
Wanchai, Hong Kong
Tel: 852 2811 8077
Fax: 852 2960 6988
Web: www.esquel.com
Sales HKD(mil): NA
Assets HKD(mil): NA
Employees: 43,000
Industry: Textiles
- Non Apparel
Incorporation Date: 1977
Company Type: Private
Parent
Quoted Status: Not
Quoted
Independent
Non-Executive Director: York Liao
Contents
Industry Codes
Business Description
Subsidiaries
Industry Codes
ANZSIC 2006 Codes:
1351 - Clothing Manufacturing
1312 - Natural Textile Manufacturing
NACE 2002 Codes:
1721 - Cotton-type weaving
1822 - Manufacture of other outerwear
1823 - Manufacture of underwear
NAICS 2002 Codes:
315212 - Women's, Girls', and Infants' Cut and Sew Apparel
Contractors
315223 - Men's and Boys' Cut and Sew Shirt (except Work Shirt)
Manufacturing
313210 - Broadwoven Fabric Mills
315224 - Men's and Boys' Cut and Sew Trouser, Slack and Jean
Manufacturing
315232 - Women's and Girls' Cut and Sew Blouse and Shirt
Manufacturing
US SIC 1987:
2331 - Women's, Misses', and Juniors' Blouses and Shirts
2211 - Broadwoven Fabric Mills, Cotton
2321 - Men's and Boys' Shirts, Except Work Shirts
2325 - Men's and Boys' Separate Trousers and Slacks
2335 - Women's, Misses', and Juniors' Dresses
UK SIC 2003:
1721 - Cotton-type weaving
18231 - Manufacture of men's underwear
18232 - Manufacture of women's underwear
18222 - Manufacture of other women's outerwear
18221 - Manufacture of other men's outerwear
Business
Description
Production of cotton fabrics and clothing, principally mens' shirts
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Corporate
Family |
Corporate
Structure News: |
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Esquel Enterprises Limited |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Esquel Enterprises Limited |
Parent |
Wanchai |
Hong Kong |
Textiles - Non Apparel |
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43,000 |
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Esquel (Mauritius) Ltd |
Subsidiary |
Beau-Bassin |
Mauritius |
Apparel and Accessories |
65.8 |
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Board of Directors |
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Chairman |
Chairman |
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Vice Chairman |
Chairman |
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Independent Non-Executive Director |
Director/Board Member |
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Independent Non-Executive Director |
Director/Board Member |
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Independent Non-Executive Director |
Director/Board Member |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.93 |
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UK Pound |
1 |
Rs.88.15. |
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Euro |
1 |
Rs.70.88 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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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.