MIRA INFORM REPORT
|
Report Date : |
09.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
KUANYEH ENTERPRISES CO., LTD. |
|
|
|
|
Registered Office : |
23FL.-2, No.185, Sec.1, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
17.10.1988 |
|
|
|
|
Com. Reg. No.: |
23077846 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Trader of closure compounds for crown cork, aluminum cap
and plastic closures |
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 : |
Satisfactory |
|
Payment
Behaviour : |
Usually Correct |
|
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, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Taiwan |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
23FL.-2, No.185, Sec.1, Taichung Port Rd., West District, Taichung City
403,Taiwan, R.O.C. |
|
Supplied Address: |
|
|
Telephone Number: |
|
|
Fax Number: |
|
|
E-mail: |
Notes:
According to the
introduction of subject, subject has the both name above, and the registered
name is as above, and the name you supplied mainly applies to international
clients.
|
Credit Opinion: |
The staff number is not available from the subject
or other sources.
Subject was incorporated on
Awards
|
Year |
Awards |
|
2009 |
Blue chip importer and exporter |
Standard of Blue chip importer and exporter
Unit: USD
|
Year |
Amount |
|
2009 |
15,000,000 |
|
Name |
Subscription
Amount |
|
Kuanhong Chen |
10,350,000 |
The information above is that of subject’s
major shareholders.
Core Management
|
Name |
Kuanhong Chen |
|
Position |
Director |
Offices & Factories
|
|
Headquarters
|
|
Add |
23FL.-2, No.185,
Sec.1, Taichung Port Rd., West District, Taichung City 403,Taiwan, R.O.C. |
Production Information
l
Subject is
a manufacturer of closure compounds with some production activities
Purchase Information
l
The
components and raw material for production are purchased from local and abroad.
l
Subject is
mainly involved in manufacturing and trading of closure compounds for crown
cork, aluminum cap and plastic closures.
l
And
subject introduced that through continuous study and research, they have
developed a series of sealing compounds that can meet the high performance
requirements.
l
Subject’s
selling territory covers all over the world.
Import and export right:
|
Import
right |
Yes |
|
Export
right |
Yes |
Subject declined to
disclose the information about the settlement, and we couldn’t obtained the
information from other sources, 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 Ms. Huang declined to disclose its financials citing the grounds of company’s
confidentiality; from other source we can not obtain the relevant information,
either.
The banker’s
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.
|
Name |
Ms. Huang |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.44 |
|
UK Pound |
1 |
Rs.87.00 |
|
Euro |
1 |
Rs.69.43 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.