|
Report Date : |
27.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
UNI-PRESIDENT ENTERPRISES CORP. |
|
|
|
|
Registered Office : |
No.301, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
28.05.1967 |
|
|
|
|
Com. Reg. No.: |
73251209 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacturing and sales of drinks, food and etc. |
|
|
|
|
No. of Employees : |
About 5,179
Employees |
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: |
No.301, Zhongzheng Rd., Yongkang
Dist., Tainan City 71001, Taiwan (R.O.C.) |
|
Supplied Address: |
|
|
Telephone Number: |
+886-6-2532121 |
|
Fax Number: |
Notes: The supplied
address belongs to the subject’s Taipei Branch, the exact name and address are
as above.
Subject was incorporated on 1967-8-25 with registered number 73251209 as Joint Stock Company in Taiwan.
Subject listed on Taiwan stock exchange on 1987-12-28.
Factories
|
1 |
|
|
Name |
Huku General
Plant |
|
Address: |
No.30, Sec. 3,
Bade Rd., Hukou Township, Hsinchu County, Taiwan (R.O.C.) |
|
Date of
Registration: |
2014-1-17 |
|
Factory
Registration Number: |
04000293 |
|
Factory Manager: |
Zhixian Luo |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2014-1-17 |
|
Major Products: |
089 Other
food |
|
Tel |
+886-30559-3161 |
|
2 |
|
|
Address: |
3F., No.131,
Wugong 1st Rd., Wugu Dist., New Taipei City, Taiwan (R.O.C.) |
|
Date of
Registration: |
2011-4-25 |
|
Factory
Registration Number: |
65000332 |
|
Factory Manager: |
Zhixian Luo |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2013-12-5 |
|
Major Products: |
089 Other
food |
|
Tel |
+886-7-236-7191 |
|
3 |
|
|
Address: |
No.5, Gong
7th Rd., Liuying Dist., Tainan City, Taiwan (R.O.C.) |
|
Date of
Registration: |
2013-3-1 |
|
Factory
Registration Number: |
67000578 |
|
Factory Manager: |
Zhixian Luo |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2013-3-1 |
|
Major Products: |
087 Animal
feedings |
|
4 |
|
|
Name: |
Yangmei General Plant |
|
Address: |
No. 301,
Sec.1, Minfu Rd, Yangmei City, Taoyuan Country 32606, Taiwan |
|
Tel |
+886-3-478-4143 |
|
5 |
|
|
Name: |
Chungli General Plant |
|
Address: |
No.15,
dingning rd, zhongli city, taoyuan county 32061, Taiwan |
|
Tel |
+886-3-452-3191 |
|
6 |
|
|
Name: |
Madou General Plant |
|
Address: |
No. 1-30,
Madoukou, Mdou Dist, Tainan City 72154, Taiwan |
|
Tel |
+886-6-570-4210 |
|
7 |
|
|
Name: |
Ruefang General Plant |
|
Address: |
No. 27-3, Bin
2nd Rd, Ruefang Dist, New Taipei City 22447, Taiwan |
|
Tel |
+886-2-2496-9413 |
|
8 |
|
|
Name: |
Xinying General Plant |
|
Address: |
No. 83,
Gongye St, Xinying Dist, Tainan City 73048, Taiwan |
|
Tel |
+886-6-637-1906 |
|
9 |
|
|
Name: |
Yungkang Ice General Plant |
|
Address: |
No.1, Jingzhong
Rd, Yongkang Dist, Tainan City 71041, Taiwan |
|
Tel |
+886-6-233-3105 |
Branches
|
1 |
|
|
Name |
Taichung
Branch |
|
Address |
No.7, Gongyequ
3rd Rd., Xitun Dist., Taichung City 40767, Taiwan (R.O.C.) |
|
Registration
Number |
80329028 |
|
Date of
Registration |
2002-3-7 |
|
Status |
Live |
|
Date of Last
Annual Return |
2011-1-5 |
|
Tel |
+886
4-23591158 |
|
Fax |
+886
4-23591216 |
|
2 |
|
|
Name |
Taipei Branch |
|
Address |
23F., No.9,
Songgao Rd., Xinyi Dist., Taipei City 11073, Taiwan (R.O.C.) |
|
Registration
Number |
30993131 |
|
Date of
Registration |
1986-6-9 |
|
Status |
Live |
|
Date of Last
Annual Return |
2009-3-18 |
|
Tel |
+886 2-87868899
(main number)/ 87866888 (AVR) |
|
Fax |
+886
2-87863888 |
Offices
|
Name: |
Kaohsiung Sales Offices |
|
Address: |
3F., No.301,
Qixian 1st Rd., Xinxing Dist., Kaohsiung City 80053, Taiwan (R.O.C.) |
|
Tel |
+886
7-2367191 |
|
Fax |
+886
7-2224301 |
Related Companies
|
Uni-President Glass Industrial Co., Ltd. Weilih Food Industrial Co., Ltd. President
Chain Store Hong Kong Holdings Limited Uni-President (Vietnam) Co., Ltd. Uni-President (Thailand) Corp. Uni-President (Philippines) Corp. President Chain Store (Labuan) Holdings Ltd. T.S.Retail & Distribution Co., Ltd. Qware Systems & Services Corp. Mech-President Corp. |
Note: The subject has many members covering all over the world, we offered
10 members as subject’s related companies for references.
Major Shareholders
|
Name |
Subscription
Shares |
|
Gaoquan
Investment Co., Ltd (Liberal Translation) |
244,852,439 |
|
Jiufu Investment Co., Ltd (Liberal Translation) |
|
|
23,370,222 |
|
|
Cangsheng Lin |
48,077,833 |
|
Taibo
Investment Co., Ltd (Liberal Translation) |
29,406,104 |
|
Boming Hou |
142,068,668 |
|
Xiuren Liu |
84,825,199 |
|
Boyu Hou |
123,958,715 |
|
7,090,989 |
Shareholder Information:
|
Registered Name: |
Gaoquan
Investment Co., Ltd (Liberal Translation) |
|
Registered Address: |
No.3, Lane 148, Daqiao 2nd St., Yongkang Dist., Tainan City, Taiwan
(R.O.C.) |
|
Date of Foundation: |
1986-12-10 |
|
Registration Number: |
22267853 |
|
Registry: |
Department of Commerce, Ministry of Economic Affairs, R.O.C. |
|
Registered Capital: |
NTD 842,500,000 (USD 27,886,750) (As of 2014.09, 1 NTD = 0.0331 USD) |
|
Paid-up Capital: |
NTD 842,500,000 (USD 27,886,750) |
|
Legal Representatives: |
Xiuling Gao |
|
Legal Form: |
Joint Stock Company |
|
Date of Last Annual Return: |
2014-3-13 |
|
2 |
|
|
Registered Name: |
Jiufu
Investment Co., Ltd (Liberal Translation) |
|
Registered Address: |
No.171, Sec. 2, Minquan Rd., West Central Dist., Tainan City, Taiwan
(R.O.C.) |
|
Date of Foundation: |
1986-4-30 |
|
Registration Number: |
22001545 |
|
Registry: |
Tainan City Government |
|
Registered Capital: |
NTD 199,990,000 (USD 6,619,669) (As of 2014.09, 1 NTD = 0.0331 USD) |
|
Paid-up Capital: |
NTD 199,990,000 (USD 6,619,669) |
|
Legal Representatives: |
Liling Zheng |
|
Legal Form: |
Joint Stock Company |
|
Date of Last Annual Return: |
2014-9-18 |
|
3 |
|
|
Registered Name: |
Taibo Investment
Co., Ltd (Liberal Translation) |
|
Registered Address: |
4F., No.90, Zhongshan Rd., West Central Dist., Tainan City, Taiwan
(R.O.C.) |
|
Date of Foundation: |
1986-9-30 |
|
Registration Number: |
22265594 |
|
Registry: |
Tainan City Government |
|
Registered Capital: |
NTD 170,000,000 (USD 5,627,000) (As of 2014.09, 1 NTD = 0.0331 USD) |
|
Paid-up Capital: |
NTD 170,000,000 (USD 5,627,000) |
|
Legal Representatives: |
Weide Wu |
|
Legal Form: |
Joint Stock Company |
|
Date of Last Annual Return: |
2012-7-25 |
|
4 |
|
|
Registered Name: |
Yongyuan
Investment Co., Ltd (Liberal Translation) |
|
Registered Address: |
6F.-1, No.28, Aly. 10, Lane 30, Dong’an Rd., East Dist., Tainan City,
Taiwan (R.O.C.) |
|
Date of Foundation: |
1987-9-2 |
|
Registration Number: |
22661406 |
|
Registry: |
Tainan City Government |
|
Registered Capital: |
NTD 141,200,000 (USD 4,673,720) (As of 2014.09, 1 NTD = 0.0331 USD) |
|
Paid-up Capital: |
NTD 141,200,000 (USD 4,673,720) |
|
Legal Representatives: |
Zhonghe Wu |
|
Legal Form: |
Joint Stock Company |
|
Date of Last Annual Return: |
2013-9-2 |
Core Management
Directors
|
1 |
||
|
Name |
Zhixian Luo |
|
|
Position |
Board
Chairman/Manager |
|
|
Date of
Appointment |
2002-3-1 |
|
|
2 |
||
|
Name |
Gaohui Zheng |
|
|
Position |
Director |
|
|
3 |
||
|
Name |
Cangsheng Lin |
|
|
Position |
Director |
|
|
4 |
||
|
Name |
Zhiping Wu |
|
|
Position |
Director |
|
|
5 |
||
|
Name |
Boming Hou |
|
|
Position |
Director |
|
|
6 |
||
|
Name |
Xiuren Liu |
|
|
Position |
Director |
|
|
7 |
||
|
Name |
Xiuling Gao |
|
|
Position |
Director |
|
|
8 |
||
|
Name |
Boyu Hou |
|
|
Position |
Director |
|
|
9 |
||
|
Name |
Zhonghe Wu |
|
|
Position |
Director |
|
|
10 |
||
|
Name |
Qingyuan Gao |
|
|
Position |
Director |
|
|
11 |
||
|
Name |
Yun Lin |
|
|
Position |
Independent
Director |
|
|
12 |
||
|
Name |
Xingyi Zhou |
|
|
Position |
Independent
Director |
|
|
13 |
||
|
Name |
Chaotang You |
|
|
Position |
Independent
Director |
|
|
14 |
||
|
Name |
Borong Yan |
|
|
Position |
Manager |
|
|
Date of
Appointment |
2002-3-1 |
|
|
15 |
||
|
Name |
Huayang Li |
|
|
Position |
Manager |
|
|
Date of
Appointment |
2002-3-1 |
|
|
16 |
||
|
Name |
Zhipeng Xie |
|
|
Position |
Manager |
|
|
Date of
Appointment |
2005-1-1 |
|
|
17 |
||
|
Name |
Wenlong Yang |
|
|
Position |
Manager |
|
|
Date of
Appointment |
2005-1-1 |
|
|
18 |
||
|
Name |
Chongming Su |
|
|
Position |
Manager |
|
|
Date of
Appointment |
2008-5-1 |
|
|
10 |
||
|
Name |
Jianli Yin |
|
|
Position |
2008-5-1 |
|
|
20 |
||
|
Name |
Ronghong Lu |
|
|
Position |
Manager |
|
|
Date of
Appointment |
2011-6-23 |
|
|
21 |
||
|
Name |
Jinsong Wu |
|
|
Position |
Manager |
|
|
Date of
Appointment |
2011-6-23 |
|
|
22 |
||
|
Name |
Ruidian Huang |
|
|
Position |
Manager |
|
|
Date of
Appointment |
2011-6-23 |
|
Personnel
Structure
|
Total
Employees |
About 5,179 Employees (As of 2014-4-30) |
Offices &
Factories
|
|
Headquarters |
|
Add |
No.301,
Zhongzheng Rd., Yongkang Dist., Tainan City 71001, Taiwan (R.O.C.) |
Production
Information
· Subject is engaged in manufacturing of food and etc.
Subject has 8 factories in Taiwan for
production, and subject’s members also have factories in the mainland of China,
Southeast Asia countries, etc.
Subject obtained the certification of
Purchase
Information
· The registered activities of subject:
|
Business Code |
Details |
|
C106010 |
Manufacturing
of powder. |
|
C201010 |
Manufacturing
of feedings. |
|
C199010 |
Manufacturing
of noodles and vermicelli. |
|
C105010 |
Manufacturing
of edible fat and oil. |
|
C110010 |
Manufacturing
of drinks. |
|
C102010 |
Manufacturing
of dairy products. |
|
C199040 |
Manufacturing
of processed bean products. |
|
C601030 |
Manufacturing
of paper container. |
|
C805990 |
Manufacturing
of other plastic products. |
|
C103050 |
Manufacturing
of canned food, frozen food, dehydrated food and pickling food. |
|
C109010 |
Manufacturing
of condiment. |
|
C199020 |
Manufacturing
of edible ice. |
|
C104020 |
Manufacturing
of bakery products and steamed cooking products. |
|
C199990 |
Manufacturing
of unclassified food. |
|
CB01010 |
Manufacturing
of machinery. |
|
F113010 |
Wholesales of
machinery. |
|
F213080 |
Retails of
machinery and retails. |
|
A401010 |
Operation of
livestock farm. |
|
A102060 |
Food dealers
industry. |
|
A102020 |
Processing of
agriculture products. |
|
G801010 |
Storing
industry. |
|
F401010 |
International
trading business. |
|
F106060 |
Wholesales of
pet products. |
|
F206050 |
Retails of
pet products. |
|
F101050 |
Wholesales of
aquatic product. |
|
F201030 |
Retails of
aquatic product. |
|
F107050 |
Wholesales of
fertilizer. |
|
F207050 |
Retails of fertilizer. |
|
F102030 |
Wholesales of
cigarette and wine. |
|
F102040 |
Wholesales of
drinks. |
|
F102170 |
Wholesales of
miscellaneous goods and food. |
|
F203010 |
Retails of
miscellaneous goods, food and drinks. |
|
F501030 |
Drinks
storing industry. |
|
IZ99990 |
Other
business services. |
|
ZZ99999 |
Besides
licensed business, all other business items those are not banned or
restricted. |
· It is introduced that subject purchases its raw materials and etc both at home and abroad.
· Subject is engaged in sale of food, etc.
The major products include drinks, frozen food,
instant food, dairy food, health food, eatable oil, bakery food, pet food,
spices and so on.
It is introduced that subject also operates
convenience stores, coffee shop and etc.
Subject’s sales regions cover China, Southeast
Asia, America, Canada and etc.
Subject’s major customers are food dealers,
supermarket and etc.
It is introduced that subject has many brands,
such as Dr.Milker, Amelie's Bagel, LP33, L'uxpresso, Petlife, UNI water and etc
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic Purchase
|
Products |
Raw materials and etc |
|
Payment Terms |
Cash, T/T and etc |
Import
|
Products |
Raw materials and etc |
|
Payment Terms |
L/C, T/T and etc |
Sales
Domestic Markets
|
Product |
Food and etc |
|
Selling Terms |
Cash, T/T and etc |
Export
|
Product |
Food and etc |
|
Selling Terms |
L/C, T/T and etc |
Unit: NTD/000
|
|
2013-12-31 |
2012-12-31 |
|
Non-current assets |
|
|
|
Non-current financial assets at fair value through profit or loss |
|
|
|
Total non-current financial assets at fair value through profit or
loss |
0 |
288,222 |
|
Non-current available-for-sale financial assets |
|
|
|
Non-current available-for-sale financial assets, net |
6,243,181 |
8,027,256 |
|
Non-current financial assets at cost |
|
|
|
Non-current financial assets at cost, net |
1,834,369 |
1,959,776 |
|
Non-current bond investment without active market |
|
|
|
Non-current bond investment without active market, net |
297,037 |
289,413 |
|
Investments accounted for using equity method |
|
|
|
Investments accounted for using equity method, net |
32,050,071 |
30,403,290 |
|
Property, plant and equipment |
|
|
|
Total property, plant and equipment |
147,683,175 |
127,429,263 |
|
Investment property, net |
|
|
|
Investment property, net |
20,748,124 |
20,979,266 |
|
Intangible assets |
|
|
|
Total intangible assets |
2,828,190 |
2,931,369 |
|
Deferred tax assets |
4,345,161 |
3,986,300 |
|
Other non-current assets |
|
|
|
Prepayments for business facilities |
1,403,458 |
1,635,336 |
|
Guarantee deposits paid |
2,940,692 |
2,706,178 |
|
Long-term prepaid rents |
13,269,623 |
9,622,686 |
|
Other non-current assets, others |
|
|
|
Total other non-current assets, others |
6,647,008 |
6,009,764 |
|
Total other non-current assets |
24,260,781 |
19,973,964 |
|
Total non-current assets |
240,290,089 |
216,268,119 |
|
Total assets |
370,203,449 |
340,577,384 |
|
Total assets (USD) |
12,253,734,162 |
11,273,111,410 |
|
Liabilities |
|
|
|
Current liabilities |
|
|
|
Short-term borrowings |
|
|
|
Total short-term borrowings |
28,755,368 |
23,056,798 |
|
Short-term notes and bills payable |
|
|
|
Total short-term notes and bills payable |
7,016,189 |
7,508,498 |
|
Current financial liabilities at fair value through profit or loss |
|
|
|
Total current financial liabilities at fair value through profit or
loss |
211,841 |
769 |
|
Notes payable |
|
|
|
Total notes payable |
1,685,312 |
1,664,905 |
|
Accounts payable |
|
|
|
Total accounts payable |
30,902,926 |
30,563,457 |
|
Other payables |
|
|
|
Total other payables |
40,304,885 |
41,730,158 |
|
Current tax liabilities |
1,904,175 |
1,923,501 |
|
Liabilities related to non-current assets classified as held for
sale |
414,902 |
0 |
|
Other current liabilities |
|
|
|
Advance receipts |
|
|
|
Total advance receipts |
9,814,059 |
6,932,835 |
|
Long-term liabilities, current portion |
|
|
|
Total long-term liabilities, current portion |
9,165,925 |
6,569,750 |
|
Other current liabilities, others |
187,983 |
242,042 |
|
Total other current liabilities |
19,167,967 |
13,744,627 |
|
Total current liabilities |
130,363,565 |
120,192,713 |
|
Non-current liabilities |
|
|
|
Bonds payable |
|
|
|
Total bonds payable |
20,168,987 |
15,650,000 |
|
Long-term borrowings |
|
|
|
Total long-term borrowings |
59,292,662 |
57,825,328 |
|
Deferred tax liabilities |
|
|
|
Total deferred tax liabilities |
3,853,171 |
3,603,323 |
|
Other non-current liabilities |
|
|
|
Accrued pension liabilities |
9,911,834 |
10,037,451 |
|
Guarantee deposits received |
6,156,851 |
5,559,877 |
|
Other non-current liabilities, others |
2,389,768 |
2,471,628 |
|
Total other non-current liabilities |
18,458,453 |
18,068,956 |
|
Total non-current liabilities |
101,773,273 |
95,147,607 |
|
Total liabilities |
232,136,838 |
215,340,320 |
|
Equity |
|
|
|
Equity attributable to owners of parent |
|
|
|
Share capital |
|
|
|
Ordinary share |
51,542,229 |
48,624,744 |
|
Total capital stock |
51,542,229 |
48,624,744 |
|
Capital surplus |
|
|
|
Capital surplus, additional paid-in capital |
|
|
|
Total capital surplus, additional paid-in capital |
489,454 |
489,454 |
|
Capital surplus, treasury share transactions |
117,576 |
0 |
|
Capital surplus, difference between consideration and carrying
amount of subsidiaries acquired or disposed |
3,073,680 |
3,098,213 |
|
Capital surplus, donated assets received |
|
|
|
Total capital surplus, donated assets received |
43,044 |
0 |
|
Capital surplus, changes in equity of associates and joint ventures accounted
for using equity method |
52,980 |
145,667 |
|
Capital surplus, others |
98,938 |
187,083 |
|
Total capital surplus |
3,875,672 |
3,920,417 |
|
Retained earnings |
|
|
|
Legal reserve |
11,336,707 |
10,095,973 |
|
Special reserve |
4,045,704 |
4,118,766 |
|
Unappropriated retained earnings (accumulated deficit) |
|
|
|
Total unappropriated retained earnings (accumulated deficit) |
13,307,471 |
11,572,819 |
|
Total retained earnings |
28,689,882 |
25,787,558 |
|
Other equity interest |
|
|
|
Exchange differences on translation of foreign financial statements |
|
|
|
Total exchange differences on translation of foreign financial
statements |
997,847 |
-1,201,113 |
|
Unrealized gains (losses) on available-for-sale financial assets |
|
|
|
Total unrealized gains (losses) on available-for-sale financial
assets |
1,101,694 |
1,326,727 |
|
Total other equity interest |
2,099,541 |
125,614 |
|
Total equity attributable to owners of parent |
86,207,324 |
78,458,333 |
|
Non-controlling interests |
51,859,287 |
46,778,731 |
|
Total equity |
138,066,611 |
125,237,064 |
|
Total equity (USD) |
4,570,004,824 |
4,145,346,818 |
|
Equivalent
issue shares of advance receipts for ordinary share |
0 |
0 |
|
Number of shares in entity held by entity and by its subsidiaries |
0 |
0 |
(As of 2014.09, 1 NTD = 0.0331 USD)
Unit: NTD/000
|
|
2013 |
2014 |
|
Operating
revenue |
|
|
|
Total operating revenue |
423,056,211 |
406,046,701 |
|
Total operating revenue (USD) |
14,003,160,584 |
13,440,145,803 |
|
Operating
costs |
|
|
|
Total operating costs |
292,198,739 |
280,318,329 |
|
Gross
profit (loss) from operations |
130,857,472 |
125,728,372 |
|
Gross
profit (loss) from operations |
130,857,472 |
125,728,372 |
|
Operating
expenses |
|
|
|
Selling
expenses |
|
|
|
Total selling expenses |
90,958,402 |
87,532,008 |
|
Administrative expenses |
|
|
|
Total administrative expenses |
20,855,512 |
17,731,110 |
|
Research and development expenses |
|
|
|
Total research and development expenses |
955,973 |
773,394 |
|
Total operating expenses |
112,769,887 |
106,036,512 |
|
Net
operating income (loss) |
18,087,585 |
19,691,860 |
|
Non-operating income and expenses |
|
|
|
Other income |
|
|
|
Total other income |
5,660,721 |
4,179,123 |
|
Other gains and losses |
|
|
|
Other gains and losses, net |
1,410,380 |
-4,835,152 |
|
Finance costs |
|
|
|
Finance costs, net |
2,082,438 |
2,014,909 |
|
Share
of profit (loss) of associates and joint ventures accounted for using equity
method |
|
|
|
Share of profit (loss) of associates and joint ventures accounted
for using equity method, net |
2,205,913 |
2,455,737 |
|
Total non-operating income and expenses |
7,194,576 |
-215,201 |
|
Profit
(loss) from continuing operations before tax |
25,282,161 |
19,476,659 |
|
Tax
expense (income) |
|
|
|
Total tax expense (income) |
4,542,199 |
3,907,880 |
|
Profit
(loss) from continuing operations |
20,739,962 |
15,568,779 |
|
Profit
(loss) |
20,739,962 |
15,568,779 |
|
Profit
(loss) (USD) |
686,492,742 |
515,326,585 |
|
Other
comprehensive income |
|
|
|
Exchange differences on translation |
3,163,881 |
-1,372,647 |
|
Unrealised
gains (losses) on valuation of available-for-sale financial assets |
-233,213 |
3,877,118 |
|
Actuarial gains (losses) on defined benefit plans |
-295,494 |
-1,797,375 |
|
Share of other comprehensive income of associates and joint ventures accounted
for using equity method |
|
|
|
Total share of other comprehensive income of associates and joint
ventures accounted for using equity method |
190,083 |
-22,233 |
|
Income tax related to components of other comprehensive income |
-40,051 |
-333,465 |
|
Other comprehensive income, net |
2,865,308 |
1,018,328 |
|
Total
comprehensive income |
23,605,270 |
16,587,107 |
|
Profit
(loss), attributable to: |
|
|
|
Profit (loss), attributable to owners of parent |
12,764,241 |
9,875,085 |
|
Profit (loss), attributable to non-controlling interests |
7,975,721 |
5,693,694 |
|
Comprehensive income attributable to: |
|
|
|
Comprehensive income, attributable to owners of parent |
14,601,200 |
10,534,765 |
|
Comprehensive
income, attributable to non-controlling interests |
9,004,070 |
6,052,342 |
|
Basic
earnings per share |
|
|
|
Basic earnings (loss) per share from continuing operations |
2.48 |
1.92 |
|
Total basic earnings per share |
2.48 |
1.92 |
|
Diluted
earnings per share |
|
|
|
Diluted earnings (loss) per share from continuing operations |
2.47 |
1.91 |
|
Total diluted earnings per share |
2.47 |
1.91 |
(As of 2014.09, 1 NTD = 0.0331 USD)
Unit: NTD/000
|
|
2013 |
2012 |
|
Cash flows
from (used in) operating activities, indirect method |
|
|
|
Profit
(loss) from continuing operations before tax |
25,282,161 |
19,476,659 |
|
Profit
(loss) before tax |
25,282,161 |
19,476,659 |
|
Adjustments |
|
|
|
Adjustments to reconcile profit (loss) |
|
|
|
Depreciation expense |
15,723,309 |
14,007,280 |
|
Amortization expense |
604,826 |
469,923 |
|
Provision (reversal of provision) for bad debt expense |
-138,304 |
70,803 |
|
Net loss (gain) on financial assets or liabilities at fair value
through profit or loss |
-19,048 |
-10,080 |
|
Interest expense |
2,082,438 |
2,014,909 |
|
Interest income |
-712,033 |
-804,958 |
|
Dividend income |
1,330,220 |
1,104,566 |
|
Share of loss (profit) of associates and joint ventures accounted
for using equity method |
-2,205,913 |
-2,455,737 |
|
Loss (gain) on disposal of property, plan and equipment |
212,398 |
180,370 |
|
Loss (gain) on disposal of investment properties |
-24,572 |
22 |
|
Loss (gain) on disposal of investments |
-1,836,627 |
-277,715 |
|
Loss (gain) on disposal of investments accounted for using equity
method |
-712,653 |
32,480 |
|
Impairment loss on financial assets |
57,435 |
3,053,255 |
|
Reversal of impairment loss on non-financial assets |
249,884 |
70,025 |
|
Other adjustments to reconcile profit (loss) |
-110,367 |
-305,755 |
|
Total adjustments to reconcile profit (loss) |
14,500,993 |
17,149,388 |
|
Changes in operating assets and liabilities |
|
|
|
Changes in operating assets |
|
|
|
Decrease (increase) in financial assets held for trading |
-3,213,168 |
1,057,464 |
|
Decrease (increase) in notes receivable |
414,659 |
279,066 |
|
Decrease (increase) in accounts receivable |
-38,146 |
-589,880 |
|
Decrease (increase) in other receivable |
700,321 |
-185,487 |
|
Decrease (increase) in inventories |
-2,051,921 |
896,485 |
|
Decrease (increase) in prepayments |
-2,028,395 |
-409,300 |
|
Decrease (increase) in other current assets |
-255,489 |
-371,605 |
|
Total changes in operating assets |
-6,472,139 |
676,743 |
|
Changes in operating liabilities |
|
|
|
Increase (decrease) in notes payable |
20,407 |
26,894 |
|
Increase (decrease) in accounts payable |
526,898 |
1,719,785 |
|
Increase (decrease) in other payable |
426,239 |
6,304,159 |
|
Increase (decrease) in receipts in advance |
2,881,224 |
-716,788 |
|
Increase (decrease) in other current liabilities |
-259,794 |
176,311 |
|
Increase (decrease) in accrued pension liabilities |
-262,585 |
350,925 |
|
Total changes in operating liabilities |
3,332,389 |
7,861,286 |
|
Total changes in operating assets and liabilities |
-3,139,750 |
8,538,029 |
|
Total adjustments |
11,361,243 |
25,687,417 |
|
Cash inflow (outflow) generated from operations |
36,643,404 |
45,164,076 |
|
Interest received |
712,033 |
804,958 |
|
Interest paid |
-2,025,595 |
-1,884,933 |
|
Income taxes refund (paid) |
-4,984,577 |
-3,836,077 |
|
Net cash
flows from (used in) operating activities |
30,345,265 |
40,248,024 |
|
Cash
flows from (used in) investing activities |
|
|
|
Acquisition of available-for-sale financial assets |
-1,207,517 |
-1,604,059 |
|
Proceeds
from disposal of available-for-sale financial assets |
4,380,367 |
1,674,152 |
|
Proceeds from capital reduction of available-for-sale financial assets |
184 |
77,361 |
|
Acquisition of financial assets at cost |
-223,503 |
-134,238 |
|
Proceeds
from disposal of financial assets at cost |
460,983 |
266,871 |
|
Proceeds from capital reduction of financial assets at cost |
81,842 |
100,980 |
|
Acquisition of investments accounted for using equity method |
-1,459,880 |
-599,911 |
|
Proceeds
from disposal of investments accounted for using equity method |
1,921,933 |
15,640 |
|
Proceeds from capital reduction of investments accounted for using equity
method |
21,849 |
86,000 |
|
Acquisition of property, plant and equipment |
-31,783,690 |
-23,493,608 |
|
Proceeds from disposal of property, plant and equipment |
1,330,206 |
876,211 |
|
Increase in refundable deposits |
-234,514 |
-271,169 |
|
Decrease in other receivables due from related parties |
1,681 |
47,325 |
|
Acquisition
of intangible assets |
-457,224 |
-545,889 |
|
Acquisition of investment properties |
-485,368 |
-88,366 |
|
Proceeds from disposal of investment properties |
116,274 |
0 |
|
Increase in other financial assets |
28,283 |
37,658 |
|
Increase
in other non-current assets |
-661,392 |
-202,979 |
|
Increase in prepayments for business facilities |
-3,993,441 |
-5,269,498 |
|
Increase in other prepayments |
-3,571,690 |
-999,699 |
|
Net cash flows from (used in) investing activities |
-35,734,617 |
-30,027,218 |
|
Cash
flows from (used in) financing activities |
|
|
|
Increase in short-term loans |
5,698,570 |
-6,746,013 |
|
Increase in short-term notes and bills payable |
-492,309 |
798,355 |
|
Proceeds from issuing bonds |
6,918,987 |
7,100,000 |
|
Repayments of bonds |
-1,450,000 |
0 |
|
Proceeds from long-term debt |
101,769,062 |
142,782,023 |
|
Repayments of long-term debt |
-99,254,914 |
-147,586,610 |
|
Increase in guarantee deposits received |
596,974 |
767,796 |
|
Decrease in other payables to related parties |
0 |
-55,601 |
|
Decrease in other non-current liabilities |
-16,197 |
-579,226 |
|
Cash dividends paid |
-6,807,464 |
-4,544,369 |
|
Disposal
of ownership interests in subsidiaries (without losing control) |
92,937 |
4,916,783 |
|
Change in non-controlling interests |
-2,867,002 |
-4,660,278 |
|
Net cash flows from (used in) financing activities |
4,188,644 |
-7,807,140 |
|
Effect of
exchange rate changes on cash and cash equivalents |
-1,937,183 |
-268,499 |
|
Net
increase (decrease) in cash and cash equivalents |
-3,137,891 |
2,145,167 |
|
Cash and
cash equivalents at beginning of period |
43,945,441 |
41,800,274 |
|
Cash and
cash equivalents at end of period |
40,807,550 |
43,945,441 |
|
Cash and cash equivalents reported in the statement of financial position |
40,807,550 |
43,945,441 |
|
1 |
|
|
Name |
Mega
International Commercial Bank |
|
2 |
|
|
Name |
Bank of
Taiwan |
|
3 |
|
|
Name |
Taiwan
Cooperative Bank |
|
4 |
|
|
Name |
First
Commercial Bank |
|
5 |
|
|
Name |
Taishin
International Bank |
|
6 |
|
|
Name |
Chang hwa
bank |
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
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.57 |
|
|
1 |
Rs.100.42 |
|
Euro |
1 |
Rs.78.45 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.