|
Report Date : |
20.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
CENTRALION INDUSTRIAL INC. |
|
|
|
|
Registered Office : |
No.93, Xinhu 3rd Rd., Neihu Dist., Taipei
City 11494 |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
04.08.1969 |
|
|
|
|
Com. Reg. No.: |
03211818 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacturing and sale of power products,
etc |
|
|
|
|
No. of Employees : |
Over 350 Employees (Group) |
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 : |
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Taiwan - ECONOMIC OVERVIEW
Taiwan has a dynamic capitalist economy with gradually decreasing government guidance of investment and foreign trade. In keeping with this trend, some large, state-owned banks and industrial firms have been privatized. Exports, led by electronics, machinery, and petrochemicals have provided the primary impetus for economic development. This heavy dependence on exports exposes the economy to fluctuations in world demand. In 2009, Taiwan's GDP contracted 1.9%, due primarily to a 20% year-on-year decline in exports. In 2010 GDP grew 10.9%, as exports returned to the level of previous years, and in 2011, grew 5.2%. However, 2012 growth will likely be less, according to most forecasters, because of softening global demand. Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are major long-term challenges. Free trade agreements have proliferated in East Asia over the past several years, but so far Taiwan has been excluded from this greater economic integration largely because of its diplomatic status with the exception of the landmark Economic Cooperation Framework Agreement (ECFA) signed with China in June 2010. The MA administration has said that the ECFA will serve as a stepping stone toward trade pacts with other regional partners, and negotiations on a deal with Singapore began this year. Follow-on components of ECFA, including deals on trade in goods, services, and investment, have yet to be completed. Taiwan's Total Fertility rate of just over one child per woman is among the lowest in the world, raising the prospect of future labor shortages, falling domestic demand, and declining tax revenues. Taiwan's population is aging quickly, with the number of people over 65 accounting for 10.9% of the island's total population as of 2011. The island runs a large trade surplus, and its foreign reserves are the world's fourth largest, behind China, Japan, and Russia. Since 2005 China has overtaken the US to become Taiwan's second-largest source of imports after Japan. China is also the island's number one destination for foreign direct investment. Three financial memorandums of understanding, covering banking, securities, and insurance, took effect in mid-January 2010, opening the island to greater investments from the mainland's financial firms and institutional investors, and providing new opportunities for Taiwan financial firms to operate in China. Closer economic links with the mainland bring greater opportunities for the Taiwan economy, but also poses new challenges as the island becomes more economically dependent on China while political differences remain unresolved.
Source : CIA
|
Company Name: |
Centralion Industrial Inc. |
|
Supplied Name: |
CENTRALION INDUSTRIES INC |
|
Trading Address: |
No.93, Xinhu 3rd Rd., Neihu Dist., Taipei
City 11494, Taiwan (R.O.C.) |
|
Supplied Address: |
No. 93, Shin-Hu 3rd Road Nelhu Taipei 114 |
|
Telephone Number: |
+886-2-2794-6363 |
|
Fax Number: |
+886-2-6606-8704 |
|
E-mail: |
Notes: The exact name and address are as
above.
Subject was incorporated
on 1969-8-4 with registered number 03211818
as Joint Stock Company in
Taiwan.
|
Name |
Subscription Shares |
|
Eaton Phoenixtec Mmpl Co., Ltd. |
23,924,940 |
The information above is that of subject’s major shareholders.
Parent Company
|
Registered Name: |
Eaton Phoenixtec Mmpl Co., Ltd. |
|
Registered Address: |
No.269-1, Baodong Rd., Guanmiao Dist., Tainan City 71841, Taiwan
(R.O.C.) |
|
Date of Foundation: |
1985-6-1 |
|
Registration Number: |
73735839 |
|
Registry: |
Department of Commerce, Ministry of
Economic Affairs, R.O.C. |
|
Registered Capital: |
NTD 6,496,000,000 (USD 220,864,000) (As of 2013.04, 1 NTD = 0.0340 USD) |
|
Paid-up Capital: |
NTD 6,496,000,000 (USD 220,864,000) |
|
Legal Representatives: |
Louis Abraham Rosen |
|
Legal Form: |
Joint Stock Company |
|
Listed at Stock Exchange: |
No |
|
Date of Last Annual Return: |
2012-10-8 |
Related Companies
|
1 |
|
|
Name |
Phoenixtec Electronics (Shenzhen) Co., Ltd. |
|
Address |
16th Bldg, Shatou Jiao Bonded Area, Yantian District,
Shenzhen City, Guangdong Province, China |
|
Telephone Number |
+86-755-2526-0880 |
|
Fax Number |
+86-755-2526-0410 |
|
2 |
|
|
Name |
Santak Electronics (Shenzhen) Co., Ltd. |
|
Address |
8 Baoshi Road, Bao'an District, Shenzhen City, Guangdong Province,
China |
|
Telephone Number |
+86-755-2757-2666 |
|
Fax Number |
+86-755-2757-2730 |
Core Management
Directors
|
1 |
|
|
Name |
Louis Abraham Rosen |
|
Position |
Board Chairman |
|
2 |
|
|
Name |
Charles Curtis Sims |
|
Position |
Director |
|
3 |
|
|
Name |
Shihuan Wei |
|
Position |
Director |
|
4 |
|
|
Name |
Ho Sin Leong |
|
Position |
Supervisor |
Personnel
Structure
|
Total Employees |
Over 350 Employees (Group) |
Offices &
Factories
|
|
Headquarters |
|
Add |
No.93, Xinhu 3rd Rd., Neihu Dist., Taipei City 11494, Taiwan (R.O.C.) |
Production
Information
Subject is engaged in manufacturing of power products, etc.
Subject has factories in Taiwan and mainland China for production.
It is introduced that subject can provide OEM and ODM services.
Subject obtained the certifications of ISO 9001 and ISO 14001.
Purchase
Information
The registered activities of subject:
|
Business Code |
Details |
|
F401010 |
International Trading Business |
|
CC01010 |
Manufacture of power generating, power transmission, power
distribution machinery, etc |
|
ZZ99999 |
Besides licensed business, all other business items those are not
banned or restricted. |
The components for production are mostly purchased in domestic market.
Subject is engaged in sale of power
products, etc.
Subject’s sales regions include India, Arica, USA, Europe, and Middle
East.
The products sold by subject are applied to telecommunication and
electric power industry, etc.
Major products
|
Product |
Sales Region |
|
UPS |
Off Line UPS Line Interactive UPS On Line UPS |
|
AVR |
Power Mate AVR ( 450 / 625 / 1000VA ) Voltage Regulating Suitable for Home and Office equipment High voltage and low voltage protection (option) |
|
Inverter |
Inverter / Charger Telecom Power System Solar Power System |
|
Software |
UPS monitoring software branded WinPower |
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
Components, etc |
COD, CBD,
Credit Sales, etc |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Components, etc |
CBD, etc |
100% |
Sales
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Power products |
COD, CBD, etc |
100% |
Export
|
Sales Terms |
Proportion |
|
|
Power products |
CBD, etc |
100% |
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. Li declined to
disclose its financials citing the grounds of company’s confidentiality; from
other source we can not obtain the relevant information, either.
Subject declined to disclose its Bank
details; from other source we can not obtain the relevant information, either.
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. Li |
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.03 |
|
|
1 |
Rs.82.43 |
|
Euro |
1 |
Rs.70.49 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.