|
Report Date : |
27.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
F.C.F. FISHERY CO., LTD. |
|
|
|
|
Registered Office : |
28F., No.8, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
16.08.1972 |
|
|
|
|
Com. Reg. No.: |
82007494 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Trading of Seafood Products. |
|
|
|
|
No. of Employees : |
About 100 Employees |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Source
: CIA |
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
|
|
Supplied Address: |
28th Flr, 8 Min Chuan 2nd Floor Chien Chen District Kaohsiung |
|
Telephone Number: |
+886-7-339-1636 |
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Fax Number: |
|
|
E-mail: |
Notes: The
exact name and address are as above.
Subject was incorporated on 1972-8-16 with registered number 82007494 as Joint Stock Company in Taiwan.
Major Related
Companies
|
1 |
|
|
Name |
FCC Co., Ltd. (China) |
|
Address |
#117-119, Jiangang Road, Haicang Investment Zone, Xiamen, Fujian Province, China |
|
Telephone Number |
+86-592-689-2556 |
|
Fax Number |
+86-592-689-2558 |
|
2 |
|
|
Name |
FCS Trading & Fishery PTE Ltd. |
|
Address |
31, Fishery Port Road, # 02-01, Singapore 619741 |
|
Telephone Number |
+65-626-66789 |
|
Fax Number |
+65-626-60369 |
|
3 |
|
|
Name |
F.C.N.
INTERNATIONAL CO., LTD. |
|
Address |
Matsushiro Bldg. 3F, 173-4, Shimazaki-Cho, Shimizu-Ku, Shizuoka-City, Shizuoka-Pref. 424-0823, Japan |
|
Telephone Number |
+81-54-353-2631 |
|
Fax Number |
+81-54-353-2632 |
|
Name |
Subscription Shares |
|
Zhao Guan Investment Co., Ltd (Literal Translation) |
12,012,153 |
|
Hong Ying Investment Co., Ltd (Literal Translation) |
|
|
33,704,339 |
|
|
Xin Sheng Investment Co., Ltd (Literal Translation) |
47,597,568 |
|
Shuzhen Lv |
1,128,602 |
|
Zhengzhao Ceng |
1,429,908 |
|
Guang Zhou Investment Co., Ltd (Literal Translation) |
17,406,621 |
|
Feng Qun Investment Holding Co., Ltd (Literal Translation) |
50,399,347 |
|
Qing Yang Investment Co., Ltd (Literal Translation) |
12,806,996 |
Shareholder Information:
|
1 |
|
|
Registered Name: |
Qing Yang
Investment Co., Ltd (Literal Translation) |
|
Registered
Address: |
7F., No.1, Fuxing
4th Rd., Qianzhen Dist., Kaohsiung City, Taiwan (R.O.C.) |
|
Date of
Foundation: |
1985-10-17 |
|
Registration
Number: |
06773903 |
|
Registry: |
Export Processing
Zone Administration, Ministry of Economic Affairs |
|
Registered
Capital: |
NTD 417,000,000
(USD 13,135,500) (As of 2014.12, 1
NTD = 0.0315 USD) |
|
Paid-up Capital: |
NTD 417,000,000
(USD 13,135,500) |
|
Legal
Representatives: |
Zhaoxia Chenlu |
|
Legal Form: |
Joint Stock Company |
|
Date of Last
Annual Return: |
2012-8-14 |
|
2 |
|
|
Registered Name: |
Feng Qun
Investment Holding Co., Ltd (Literal Translation) |
|
Registered
Address: |
2F.-2, No.87-3, Lane
155, Dunhua N. Rd., Songshan Dist., Taipei City, Taiwan (R.O.C.) |
|
Date of
Foundation: |
1993-11-16 |
|
Registration
Number: |
84702899 |
|
Registry: |
Department of
Commerce, Ministry of Economic Affairs, R.O.C. |
|
Registered
Capital: |
NTD 4,050,000,000
(USD 127,575,000) (As of 2014.12, 1
NTD = 0.0315 USD) |
|
Paid-up Capital: |
NTD 4,050,000,000
(USD 127,575,000) |
|
Legal
Representatives: |
Hongjia Zhang |
|
Legal Form: |
Joint Stock Company |
|
Date of Last
Annual Return: |
2012-6-19 |
|
3 |
|
|
Registered Name: |
Guang Zhou
Investment Co., Ltd (Literal Translation) |
|
Registered
Address: |
15F., No.394,
Yucheng Rd., Zuoying Dist., Kaohsiung City, Taiwan (R.O.C.) |
|
Date of
Foundation: |
1979-4-4 |
|
Registration
Number: |
75972499 |
|
Registry: |
Economic
Development Board of Kaohsiung City Government |
|
Registered
Capital: |
NTD 198,515,670
(USD 6,253,244) (As of 2014.12, 1
NTD = 0.0315 USD) |
|
Paid-up Capital: |
NTD 198,515,670
(USD 6,253,244) |
|
Legal
Representatives: |
Wentan Ke |
|
Legal Form: |
Joint Stock Company |
|
Date of Last
Annual Return: |
2014-4-16 |
|
4 |
|
|
Registered Name: |
Xin Sheng
Investment Co., Ltd (Literal Translation) |
|
Registered
Address: |
No.17, Linhai 1st
Rd., Gushan Dist., Kaohsiung City, Taiwan (R.O.C.) |
|
Date of
Foundation: |
1979-1-19 |
|
Registration
Number: |
82066774 |
|
Registry: |
Economic
Development Board of Kaohsiung City Government |
|
Registered
Capital: |
NTD 98,901,000
(USD 3,115,382) (As of 2014.12, 1
NTD = 0.0315 USD) |
|
Paid-up Capital: |
NTD 98,901,000
(USD 3,115,382) |
|
Legal
Representatives: |
Hongming Ke |
|
Legal Form: |
Joint Stock Company |
|
Date of Last
Annual Return: |
2012-12-22 |
|
5 |
|
|
Registered Name: |
Hong Ying
Investment Co., Ltd (Literal Translation) |
|
Registered
Address: |
22F.-1, No.36,
Minsheng 2nd Rd., Xinxing Dist., Kaohsiung City, Taiwan (R.O.C.) |
|
Date of
Foundation: |
1991-4-26 |
|
Registration
Number: |
23988788 |
|
Registry: |
Economic
Development Board of Kaohsiung City Government |
|
Registered
Capital: |
NTD 57,500,000
(USD 1,811,250) (As of 2014.12, 1
NTD = 0.0315 USD) |
|
Paid-up Capital: |
NTD 57,500,000
(USD 1,811,250) |
|
Legal
Representatives: |
Junxiong Zhou |
|
Legal Form: |
Joint Stock Company |
|
Date of Last
Annual Return: |
2012-1-12 |
|
6 |
|
|
Registered Name: |
Zhao Guan
Investment Co., Ltd (Literal Translation) |
|
Registered
Address: |
9F., No.533,
Zhongshan 2nd Rd., Qianjin Dist., Kaohsiung City, Taiwan (R.O.C.) |
|
Date of
Foundation: |
1999-2-9 |
|
Registration
Number: |
16477775 |
|
Registry: |
Economic
Development Board of Kaohsiung City Government |
|
Registered
Capital: |
NTD 1,000,000 (USD
31,500) (As of 2014.12, 1
NTD = 0.0315 USD) |
|
Legal
Representatives: |
Wenhong Li |
|
Legal Form: |
Private Limited
Liability Company |
|
Date of Last
Annual Return: |
2009-8-31 |
Core Management
Directors
|
1 |
||
|
Name |
Wenhong Li |
|
|
Position |
Board Chairman |
|
|
2 |
||
|
Name |
Changyi Zhou |
|
|
Position |
Director |
|
|
3 |
||
|
Name |
Junxiong Zhou |
|
|
Position |
Director |
|
|
4 |
||
|
Name |
Shuzhen Lv |
|
|
Position |
Director & Manager |
|
|
Date of Appointment of Manager |
2003-5-1 |
|
|
5 |
||
|
Name |
Zhengzhao Ceng |
|
|
Position |
Director |
|
|
6 |
||
|
Name |
Junnan Ke |
|
|
Position |
Director |
|
|
7 |
||
|
Name |
Hongjia Zhang |
|
|
Position |
Director |
|
|
8 |
||
|
Name |
Qinghui Chen |
|
|
Position |
Supervisor |
|
Personnel
Structure
|
Total Employees |
About 100 Employees |
|
|
Headquarters |
|
Add |
Production
Information
· Subject is a trader of seafood products, etc. without any production activities.
Purchase
Information
· The registered activities of subject:
|
Business Code |
Details |
|
1 |
Management and agent foreign fishing base and aquatic products market |
|
2 |
Sales and import and export trade business of management and agent domestic and foreign products warehouse, transportation and ship equipment, fishing tackle, foreign base oil, lubricating oil, domestic base for food, clothing, stationery and other supplies. |
|
3 |
Management of freezer ice making factory and aquatic products processing factory. |
|
4 |
In technical cooperation with domestic and foreign manufacturers operating the above business |
|
5 |
Investigation and study of Marine resources and aquatic products trade related technical consultant design business |
|
6 |
China ocean offshore fishing industry, aquaculture industry consultancy business. |
· Subject’s major products are mostly purchased from domestic markets and foreign markets, such as Taiwan, Japan, and the United States, etc.
· Subject is engaged in sale of seafood products, etc.
· Subject sells products with the brand “BUMBLE BEE”, “PRINCES”, and “StarKist Tuna”, etc.
· Subject’s sales regions include Taiwan, Mainland China, Thailand, Japan, South Korea, Philippines, Spain and Italy, and the United States, etc.
· Subject’s major customers are Seafreeze Ltd., and ROCMAR SEAFOOD, S.A., etc.
Major Products
|
Types |
Products |
|
Raw Materials |
Frozen of Squid,
Skipjack Tuna, Yellowfin Tuna, Bigeye Tuna, Long Tail Tuna, and Bonito, etc. |
|
Semi-Finished
& Finished Products |
Cooked and Pre-cooked
Loins, Canned Products, Tuna steak, Swordfish steak, Cooked loins, and
Uncooked loins, etc. |
|
Other Pelagic
Species |
Mackerel (various
types), Milk fish, and Sardine, etc. |
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic Purchase
|
Products |
Seafood products,
etc. |
|
Payment Terms |
T/T, Cash, etc. |
Import
|
Products |
Seafood products,
etc. |
|
Payment Terms |
L/C, T/T, etc. |
Sales
Domestic Markets
|
Product |
Seafood products,
etc. |
|
Selling Terms |
T/T, Cash, etc. |
Export
|
Product |
Seafood products,
etc. |
|
Selling Terms |
L/C, T/T, etc. |
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 Mr. Zhang declined to disclose its financials citing the grounds of
company’s confidentiality; from other sources we could not obtain such
information, either.
Subject declined to disclose its bank details; from other source we could 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.
Interview Details
|
Name |
Mr. Zhang |
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.64 |
|
|
1 |
Rs.98.98 |
|
Euro |
1 |
Rs.77.74 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
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.