|
Report Date : |
03.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
LIPERS ENTERPRISE CO., LTD. |
|
|
|
|
Registered Office : |
3F., No.158,
Jiankang Rd., Zhonghe Dist., New Taipei City 235, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
28.10.1994 |
|
|
|
|
Com. Reg. No.: |
89892139 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacturing and
sales of foremost technology electronic components |
|
|
|
|
No. of Employees |
250 |
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 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
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. 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. Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are other major long-term challenges. Free trade agreements have proliferated in East Asia over the past several years, and following the landmark Economic Cooperation Framework Agreement (ECFA) signed with China in June 2010, Taiwan in July 2013 signed a free trade deal with New Zealand—Taipei’s first-ever with a country with which it does not maintain diplomatic relations—and in November inked a trade pact with Singapore. Negotiations continue on follow-on components of ECFA regarding trade in goods and a dispute resolution mechanism; a trade in services agreement is under review in the legislature. 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 11.2% of the island's total population as of 2012. The island runs a large overall trade surplus largely because of its surplus with China, and its foreign reserves are the world's sixth largest, behind China, Japan, Saudi Arabia, Russia, and Switzerland. In 2006 China overtook 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. Taiwan since 2009 has gradually loosened rules governing Chinese investment on the island, and has also secured greater market access for its investors in the mainland. In August 2012, Taiwan Central Bank signed a memorandum of understanding on cross-Strait currency settlement with its Chinese counterpart. The MOU allows for the direct settlement of Chinese RMB and the New Taiwan dollar across the Strait, which could help develop Taiwan into a local RMB hub. 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: |
|
|
Supplied Name: |
|
|
Trading Address: |
3F., No.158, Jiankang Rd., Zhonghe Dist., New Taipei City 235, Taiwan
(R.O.C.) |
|
Supplied Address: |
3F, No.158, Jian Kang Road., Chung Ho City 235, Taipei County, Taiwan |
|
Telephone Number: |
+886-2-3234-0289 |
|
Fax Number: |
|
|
E-mail: |
Notes: The exact
name and address are as above.
|
Registered Name: |
LIPERS ENTERPRISE CO., LTD. |
|
Registered
Address: |
3F., No.158,
Jiankang Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.) |
|
Date of
Foundation: |
1994-10-28 |
|
Registration
Number: |
89892139 |
|
Registry: |
Department of
Commerce, Ministry of Economic Affairs, R.O.C. |
|
Registered
Capital: |
NTD 1,000,000,000 (USD 33,100,000) (As of 2014.09, 1
NTD = 0.0331 USD) |
|
Paid-up Capital: |
NTD 729,231,200
(USD 24,137,553) |
|
Legal
Representatives: |
Weiling Zhou |
|
Legal Form: |
|
|
Principal
Activities: |
Manufacturing and sales of foremost technology electronic components
and etc. |
|
Staff: |
|
|
Listed at Stock Exchange: |
|
|
Date of Last Annual Return: |
Subject was incorporated on 1994-10-28 with registered number 89892139 as Joint Stock Company in Taiwan.
Change of Name
|
Former Chinese Name: |
力垣企業有限公司 |
|
Current Chinese Name: |
力垣企業股份有限公司 |
Related Companies
|
Name |
LIPERS (HONG KONG)ENTERPRISE CO.,LTD. |
|
Address |
Unit A 28/F., Dynamic Cargo Centre, 188 Yeung Uk Road, Tsuen Wan, Hong Kong |
|
Telephone Number |
+852-3421-0068 |
|
Fax Number |
+852-2406-9566 |
Offices
|
LIPERS ENTERPRISE CO.,LTD.(Taichung OFFICE) TEL: (886 4) 2298-4692 FAX: (886 4) 2293-6741 ADDRESS: 7F.-6, No.241, Sec. 3,Wenxin Rd.,Xitun Dist., Taichung City 407, Taiwan(R.O.C.) LIPERS ENTERPRISE CO.,LTD.(Kaohsiung OFFICE) TEL: (886 7) 556-1008 FAX: (886 7) 556-4931 ADDRESS: Rm.601,6F., No.350,Minghua 1st Rd.,Zuoying Dist., Kaohsiung City 81358, Taiwan(R.O.C.) LIPERS ENTERPRISE CO.,LTD.(KOREA OFFICE) TEL: 82-2-2051-0289 FAX: 82-2-2051-0285 ADDRESS: ROOM # 1518, YEOK-SAM HEIGHTS BUILDING, 642-19, YEOK-SAM DONG, KANG-NAM GU, SEOUL, KOREA. |
Major Shareholders
|
Name |
Subscription Shares |
|
Nichidenbo Corporation |
46,612,816 |
|
Cheng Wu |
|
|
1,289,329 |
|
|
Yosun Industrial Corp. |
14,700,332 |
Shareholder
Information:
|
1 |
|
|
Registered Name: |
Nichidenbo Corporation |
|
Registered
Address: |
1F, No.4, Alley 1,
Lane Szu Wei,Chung Cheng Rd., Xindian Dist., New Taipei City 231, Taiwan
(R.O.C.) |
|
Date of
Foundation: |
1993-1-4 |
|
Registration
Number: |
84116878 |
|
Registry: |
Department of Commerce,
Ministry of Economic Affairs, R.O.C. |
|
Registered
Capital: |
NTD 1,500,000,000
(USD 49,650,000) (As of 2014.09, 1
NTD = 0.0331 USD) |
|
Paid-up Capital: |
NTD 1,446,518,470
(USD 47,879,761) |
|
Legal
Representatives: |
Renhu Huang |
|
Legal Form: |
Joint Stock
Company |
|
Date of Last
Annual Return: |
2014-1-4 |
|
2 |
|
|
Registered Name: |
Yosun Industrial Corp. |
|
Registered
Address: |
9F, No.489, Tiding
Ave., Sec.2, Nei Hu, Taipei, Taiwan, R.O.C. |
|
Date of
Foundation: |
1980-5-30 |
|
Registration Number: |
15876227 |
|
Registry: |
Department of
Commerce, Ministry of Economic Affairs, R.O.C. |
|
Registered
Capital: |
NTD 5,500,000,000
(USD 182,500,000) (As of 2014.09, 1
NTD = 0.0331 USD) |
|
Paid-up Capital: |
NTD 5,212,892,090
(USD 172,546,728) |
|
Legal
Representatives: |
Guodong Zeng |
|
Legal Form: |
Joint Stock
Company |
|
Date of Last
Annual Return: |
2014-8-19 |
Core Management
Directors
|
1 |
||
|
Name |
Weiling Zhou |
|
|
Position |
Board Chairman |
|
|
2 |
||
|
Name |
Cheng Wu |
|
|
Position |
Director |
|
|
3 |
||
|
Name |
Renhu Huang |
|
|
Position |
Director |
|
|
4 |
||
|
Name |
Yaoguo Yu |
|
|
Position |
Director/Manger |
|
|
Date of Appointment |
2013-5-1 |
|
|
5 |
||
|
Name |
Jiaojun Huang |
|
|
Position |
Director |
|
|
Name |
Hongan Liu |
|
|
Position |
Supervisor |
|
|
7 |
||
|
Name |
Jinhua Hou |
|
|
Position |
Supervisor |
|
Personnel Structure
|
Total Employees |
About 250 Employees (Taiwan) |
Offices & Factories
|
|
Headquarters |
|
Add |
3F., No.158, Jiankang Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.) |
Production Information
Subject is engaged in manufacturing of foremost technology electronic components and etc.
It is introduced that subject has a factory in Dongguan City, Guangdong Province, the mainland of China for production. However, the subject declined to disclose the details for us, we cannot find any relevant information from other valid sources.
It is introduced that
Subject obtained the certification of ISO 9001 and ISO 14001.
Purchase Information
The registered activities of subject:
|
Business Code |
Details |
|
CC01080 |
Manufacturing of electronic components. |
|
CC01120 |
Manufacturing and copying of files storage media |
|
CC01030 |
Manufacturing of electrical appliances and audio visual electronic products. |
|
CB01010 |
Manufacturing of machinery equipment. |
|
F113010 |
Manufacturing of machinery. |
|
F113020 |
Wholesales of electrical appliances. |
|
F113050 |
Wholesales of computer and office equipment. |
|
F118010 |
Wholesales of information software. |
|
F119010 |
Wholesales of electronic materials. |
|
F401010 |
International trading business. |
|
ZZ99999 |
Besides licensed business, all other business items those are not banned or restricted. |
It is introduced that subject purchases its components, products and etc both at home and abroad.
It is introduced that subject imports some products from Germany, South Korea, Japan, America and etc.
Subject is engaged in sale of foremost technology electronic components and etc.
The major products are Chip MLCC, Array, High-voltage, Chip Resistor, Chip Bead, Chip inductor and so on.
Subject’s sales regions cover Asia, Europe, America, etc.
Subject’s major customers are distributors and manufacturers of electronic products, electrical products
It is introduced that subject has its own brand named “UWA”.
It is introduced that subject also is an agent of many brands, such as “KEMET”, “EPCOS”, “KYOCERA”, “Panasionic”, SUMSUNGS ELECTRO-MECHANICS”, “ikanos”, “VIA Labs, Inc”, “GENESYS”, “Rubycon” and etc.
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic Purchase
|
Products |
Components,
products and etc |
|
Payment Terms |
Cash, T/T and etc |
Import
|
Products |
Components,
products and etc |
|
Payment Terms |
L/C, T/T and etc |
Sales
Domestic Markets
|
Product |
Foremost technology electronic components and etc |
|
Selling Terms |
Cash, T/T and etc |
Export
|
Product |
Foremost technology electronic components and etc |
|
Selling Terms |
L/C, T/T and 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 Ms. Wang declined to disclose its financials citing the grounds of
company’s confidentiality; from pubic files we found subject’s sales
information as following for reference:
|
YEAR |
2011 |
2012 |
2013 |
|
USD/Million |
156 |
157 |
158 |
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 |
Ms. Wang |
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.61 |
|
|
1 |
Rs.100.48 |
|
Euro |
1 |
Rs.79.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIS |
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.