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Report Date : |
20.02.2013 |
IDENTIFICATION DETAILS
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Name : |
BEAM TECH ELECTRONICS CO., LTD. |
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Registered Office : |
4F, No.756, Chung Cheng Rd., Zhonghe Dist.,
New Taipei City 235 |
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Country : |
Taiwan |
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Date of Incorporation : |
09.01.1992 |
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Com. Reg. No.: |
86532152 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and sales of electronic
materials, etc |
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No. of Employees : |
About 50 Employees |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 – 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 |
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Restricted |
C2 |
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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
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Company Name: |
|
|
Supplied Name: |
Beam Tech Electronics Co Ltd |
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Trading Address: |
4F, No.756, Chung Cheng Rd., Zhonghe Dist.,
New Taipei City 235, Taiwan (R.O.C.) |
|
Supplied Address: |
No 756 4F Chung cheng Road Chung Ho (235)
Taipei |
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Telephone Number: |
+886-2-2226-1000 |
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Fax Number: |
+886-2-2225-6675 |
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E-mail: |
Notes: The exact name and address are as
above.
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Registered Name: |
BEAM TECH ELECTRONICS CO., LTD. |
|
Registered Address: |
4F, No.756, Chung Cheng
Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.) |
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Date of Foundation: |
|
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Registration Number: |
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Registry: |
New Taipei City Government |
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Registered Capital: |
(As of 2013.02, 1 NTD = 0.0337 USD) |
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Paid-up Capital: |
NTD 20,000,000 (USD 674,000) |
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Legal Representatives: |
Junqin Liu |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
Subject was incorporated
on 1992-1-9 with registered number 86532152
as Joint Stock Company in
Taiwan.
|
Name |
Subscription Shares |
|
Junqin Liu |
50,000 |
| Baolian
Guliu |
750,000 |
|
Shicheng Liu |
500,000 |
|
Wenqi Xu |
100,000 |
The information above is that of subject’s major shareholders.
Subject did not introduce
whether it has any subsidiaries or branches, from other source we can not
obtain the relevant information, either.
Core Management
Directors
|
1 |
|
|
Name |
Junqin Liu |
|
Position |
Chairman |
|
2 |
|
|
Name |
Baolian Guliu |
|
Position |
Director |
|
3 |
|
|
Name |
Shicheng Liu |
|
Position |
Director |
|
4 |
|
|
Name |
Wenqi Xu |
|
Position |
Supervisor |
Personnel
Structure
|
Total Employees |
About 50 Employees |
Offices &
Factories
|
|
Headquarters |
|
Add |
4F, No.756, Chung Cheng Rd., Zhonghe Dist., New Taipei City 235, Taiwan
(R.O.C.) |
Production
Information
Subject is a manufacturer of electronic materials, etc.
It is introduced that the subject has a factory in Taiwan for production.
The subject obtained the ISO 9002 and ISO 9001 certifications.
Purchase
Information
The registered activities of subject:
|
Business Code |
Details |
|
-- |
Manufacturing, processing and trading of Power supplies, transformers,
uninterruptible power equipment and charging equipment, information and
communications equipment, computers and peripheral equipment Electronic
Components |
|
-- |
Variety of computer and information software design, modification,
maintenance, sale of business |
|
-- |
Import and export trade business of above products |
|
-- |
The former agent and foreign manufacturers of the products offer
tender distribution business. |
|
F104010 |
Wholesales of cloth |
|
F104020 |
Wholesales of garments |
|
F204010 |
Retails of cloth |
|
F204020 |
Retails of garments |
|
F401010 |
International trade |
|
F104050 |
Wholesales of Clothing Accessories |
It is introduced that the components for production
are mainly purchased in Taiwan domestic market.
Subject imports technology from Japan.
The subject is engaged in sales of
electronic materials, etc.
It is introduced that subject’s major products
are audio and power transformers, adaptors, chargers and power supplies, etc.
It is introduced that the sales region of subject includes America,
Europe and etc.
Subject can provide ODM and OEM services.
It is introduced that subject’s major customers are “BALLAST of
EMERGENCY LIGHT” and “SINE WAVE LINE INTERACTIVE UPS”.
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
Domestic Purchase (Taiwan)
|
Payment Terms |
Proportion |
|
|
Components |
COD, CBD and etc |
100% |
Foreign
Purchase
The subject has little
imports.
Sales
Domestic Markets (Taiwan)
|
Sales Terms |
Proportion |
|
|
COD, CBD and etc |
100% |
Export
|
Sales Terms |
Proportion |
|
|
Electronic
products |
CBD and 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. Peng 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 cannot 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. Peng |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.29 |
|
|
1 |
Rs.84.09 |
|
Euro |
1 |
Rs.72.44 |
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.