MIRA INFORM REPORT
|
Report No. : |
336438 |
|
Report Date : |
18.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
trumpler chemicals
and dyes (jiaxing) co., ltd. |
|
|
|
|
Registered Office : |
Room 1528, Yangguang West Road, Weitang Town, Jiashan County, Jiaxing City, Zhejiang Province, 314100 Pr |
|
|
|
|
Country : |
China |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
05.04.2004 |
|
|
|
|
Com. Reg. No.: |
330421400000676 |
|
|
|
|
Legal Form : |
Wholly Foreign-Owned Enterprise |
|
|
|
|
Line of Business : |
Subject is mainly engaged in Manufacturing and Selling of chemicals
Dyes. |
|
|
|
|
No. of Employees : |
52 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
China |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CHINA - ECONOMIC OVERVIEW
Since the late 1970s China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role - in 2010 China became the world's largest exporter. Reforms began with the phasing out of collectivized agriculture, and expanded to include the gradual liberalization of prices, fiscal decentralization, increased autonomy for state enterprises, growth of the private sector, development of stock markets and a modern banking system, and opening to foreign trade and investment. China has implemented reforms in a gradualist fashion. In recent years, China has renewed its support for state-owned enterprises in sectors considered important to "economic security," explicitly looking to foster globally competitive industries. After keeping its currency tightly linked to the US dollar for years, in July 2005 China moved to an exchange rate system that references a basket of currencies. From mid 2005 to late 2008 cumulative appreciation of the renminbi against the US dollar was more than 20%, but the exchange rate remained virtually pegged to the dollar from the onset of the global financial crisis until June 2010, when Beijing allowed resumption of a gradual appreciation. In 2014 the People’s Bank of China (PBOC) doubled the daily trading band within which the RMB is permitted to fluctuate. The restructuring of the economy and resulting efficiency gains have contributed to a more than tenfold increase in GDP since 1978. Measured on a purchasing power parity (PPP) basis that adjusts for price differences, China in 2014 stood as the largest economy in the world, surpassing the US that year... Still, per capita income is below the world average.
The Chinese government faces numerous economic challenges, including: (a) reducing its high domestic savings rate and correspondingly low domestic consumption; (b) facilitating higher-wage job opportunities for the aspiring middle class, including rural migrants and increasing numbers of college graduates; (c) reducing corruption and other economic crimes; and (d) containing environmental damage and social strife related to the economy's rapid transformation. Economic development has progressed further in coastal provinces than in the interior, and by 2014 more than 274 million migrant workers and their dependents had relocated to urban areas to find work. One consequence of population control policy is that China is now one of the most rapidly aging countries in the world. Deterioration in the environment - notably air pollution, soil erosion, and the steady fall of the water table, especially in the North - is another long-term problem. China continues to lose arable land because of erosion and economic development. The Chinese government is seeking to add energy production capacity from sources other than coal and oil, focusing on nuclear and alternative energy development.
Several factors are converging to slow China's growth, including debt overhang from its credit-fueled stimulus program, industrial overcapacity, inefficient allocation of capital by state-owned banks, and the slow recovery of China's trading partners. The government's 12th Five-Year Plan, adopted in March 2011 and reiterated at the Communist Party's "Third Plenum" meeting in November 2013, emphasizes continued economic reforms and the need to increase domestic consumption in order to make the economy less dependent in the future on fixed investments, exports, and heavy industry. However, China has made only marginal progress toward these rebalancing goals. The new government of President XI Jinping has signaled a greater willingness to undertake reforms that focus on China's long-term economic health, including giving the market a more decisive role in allocating resources. In 2014 China agreed to begin limiting carbon dioxide emissions by 2030. China implemented several economic reforms in 2014, including passing legislation to allow local governments to issue bonds, opening several state-owned enterprises to further private investment, loosening the one-child policy, passing harsher pollution fines, and cutting administrative red tape.
|
Source
: CIA |
Company
Name and address
trumpler chemicals and dyes (jiaxing) co., ltd.
room 1528,
yangguang west road, weitang town, jiashan county,
jiaxing city,
zhejiang PROVINCE, 314100 PR CHINA
TEL: 86 (0)
573-84062882/84062922 FAX: 86 (0)
573-84062798
EXECUTIVE
SUMMARY
INCORPORATION DATE : april 5, 2004
REGISTRATION NO. : 330421400000676
REGISTERED LEGAL FORM : Wholly foreign-owned enterprise
STAFF STRENGTH : 52
REGISTERED CAPITAL : eur 2,430,000
BUSINESS LINE :
manufacturing and TRADING
TURNOVER : CNY 98,497,000
(AS OF DEC. 31, 2014)
EQUITIES : CNY 77,551,000
(AS OF DEC. 31, 2014)
PAYMENT : AVERAGE
MARKET CONDITION : AVERAGE
FINANCIAL CONDITION :
FAIRLY STABLE
OPERATIONAL TREND :
STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE : CNY 6.3858 =USD
1
Adopted
abbreviations:
ANS – amount not stated
NS – not stated
SC – subject
company (the company inquired by you)
NA – not available
CNY – China Yuan Ren Min Bi
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image023.gif){kind=small}
SC was registered as a wholly foreign-owned
enterprise at local Administration for Industry & Commerce (AIC – The
official body of issuing and renewing business license) on april
5, 2004.
Company Status: Wholly foreign-owned enterprise This form of business in PR
China is defined as a legal person. It is a limited co. established within the
territories of PR China with capital provided totally by the foreign
investors. More than one foreign investor may jointly invest in a wholly
foreign-owned enterprise. The investing party/parties solely exercise
management, reap profit and bear risks and liabilities by themselves. This
form of companies usually have a limited duration is extendible upon
approval of Examination and Approval Authorities.
SC’s registered
business scope includes manufacturing and selling fat fluid, tanning agents and
re-tanning agents, leather tanning chemical raw materials, dye products.
Wholesaling, commission agency (excluding auction), importing, exporting and
after-sale service of chemical products (excluding dangerous chemicals and
precursor chemicals), packaging materials, machinery equipment and spare parts.
If the trade of the goods is governed by the quota or special rule, relevant
regulations shall be followed. (the above scope excluding state regulations
prohibit foreign investment and permitted items).
SC is mainly
engaged in manufacturing and selling chemical dyes.
Henricus Adrianus
Antonius Maria Vugs has been the legal representative, chairman and general
manager of SC since 2015.
SC is known
to have approx. 52 employees at present.
SC
is currently operating at the above stated address, and this address houses its
operating office and factory in the industrial zone of Jiaxing. Our checks
reveal that SC owns the total premise, but the gross area is unspecified.
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image024.gif){kind=small}
http://www.trumpler.de/
The website belongs to Trumpler International. The design is professional and
the content is well organized. At present it is in German and English versions.
Email: mail@trumpler.cn; syh@trumpler.cn
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image025.gif){kind=small}
Changes of its registered information:
|
Date of change |
Item |
Before the change |
After the change |
|
2005-02 |
Registered capital |
EUR 2,030,000 |
Present amount |
|
2013-8-23 |
Registration no. |
003092 |
Present one |
|
2015-2-9 |
Legal rep. |
Dr. Thomas Feigel |
Present one |
Tax Registration Certificate No.: 330421757099882.
Organization Code: 757099882
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image026.gif){kind=small}
For the past two years there is no record of litigation.
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image027.gif){kind=small}
MAIN
SHAREHOLDERS:
Name
% of
shareholdings
Trumpler GmbH & Co. KG, Chemische Fabrik
(Germany) 65
Trumpler Española S.A. (Spain) 35
Trumpler GmbH & Co. KG, Chemische Fabrik
(Germany):
==========================================
Company number: HRA 10073
Add.: Hafenstrabe 10 67547 Worms Germany
Tel: (+49) 6241-4060
Fax: (+49) 6241-406111
E-mail: mail@trumpler.de
Trumpler Española S.A. (Spain)
=======================
Add.: Apartado de Correos 10208210 Barbera
del Valles, Barcelona
Tel: (+34-93) 7 47 93 55
Fax: (+34-93) 7 18 80 06
Email: info@trumpler.es
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image028.gif){kind=small}
l Legal
Representative, Chairman and General Manager:
Henricus Adrianus Antonius Maria Vugs, Swiss, is currently responsible
for the overall management of SC.
Working Experience(s):
From 2015 to present Working in SC as legal
representative, chairman and general manager.
Directors:
-----------
Juan Barenys Martinez Passport No.: 43397587-z
Joadhim Jurgen Muller
Supervisor:
-----------
Christian Roos Passport No.: 2184409352
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image029.gif){kind=small}
SC is mainly
engaged in manufacturing and selling chemical dyes.
SC’s products
mainly include: chemical dyes, etc.
SC sources its materials 100% from overseas market,
mainly Germany. SC sells 100% of its products in domestic market, mainly
Shandong province and Zhejiang province.
The buying terms of SC include L/C and Credit of 30-60 days. The payment
terms of SC include T/T and Credit of 30-60 days.
TRADEMARKS & PATENTS
|
Registration No. |
6529340 |
6529313 |
6529320 |
|
Registration Date |
|
|
|
|
Trademark Design |
|
|
|
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image030.jpg)
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image031.jpg){kind=small}
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image032.jpg){kind=small}
Etc.
*Major Customer:
==============
Jinan Weinuoer Industry Co., Ltd.
*Major Supplier:
============
Trumpler GmbH & Co. KG, Chemische Fabrik (Germany)
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image033.gif){kind=small}
According to http://www.trumpler.de/:
Trumpler Brasileira Ltda. (Brazil)
Av. Colombia, 233
Bairro Santa Rita
CEP 95780-000
Montenegro - RS
Tel.: (+ 55-51) 36 49 29 41
Fax: (+ 55-51) 36 49 29 41
Trumpler France S.a.r.l. (France)
2, rue Marcelin Berthelot
ZA de
81300 Graulhet
Tel.: (+ 33-5) 63 34 57 52
Fax: (+ 33-5) 63 34 25 00
Trumpler Italia S.R.L.
Via Lombardia 5/7
56029 S. Croce
Tel.: (+ 39-05 71) 3 25 46
Fax: (+ 39-05 71) 3 55 58
Etc.
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image034.gif){kind=small}
Overall payment appraisal:
( ) Excellent (
) Good (X) Average (
) Fair ( ) Poor
( ) Not yet determined
The appraisal serves as a reference to reveal SC's payments habits and
ability to pay. It is based on the 3
weighed factors: Trade payment
experience (through current enquiry with SC's suppliers), our delinquent
payment and our debt collection record concerning SC.
Trade payment experience: SC’s suppliers
declined to make any comments.
Delinquent
payment record: None in our database.
Debt collection record: No overdue amount owed by SC was placed to us for collection
within the last 6 years.
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image035.gif){kind=small}
Bank of China
Jiaxing City Jiashan Sub-Branch
AC#: N/A
Relationship:
Normal
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image036.gif){kind=small}
Financial
Information
Unit: CNY’000
|
|
as of
Dec. 31, 2014 |
as of Dec. 31, 2013 |
|
Total liabilities |
34,430 |
38,820 |
|
Equities |
77,551 |
70,721 |
|
|
-------------- |
-------------- |
|
Total assets |
111,981 |
109,541 |
|
|
========= |
========= |
|
Turnover |
98,497 |
95,039 |
|
Profit before tax |
10,044 |
9,161 |
|
Profit tax |
1,414 |
1,116 |
|
Profits |
8,630 |
8,045 |
Note:
SC’s accountant refused to release the detailed financial reports for Yr2014
and Yr2013.
Important Ratios
=============
|
|
as of Dec. 31,
2014 |
as of Dec. 31,
2013 |
|
*Liabilities
to assets |
0.31 |
0.35 |
|
*Net profit
margin (%) |
8.76 |
8.46 |
|
*Return on
total assets (%) |
7.71 |
7.34 |
|
*Turnover/Total
assets |
0.88 |
0.87 |
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image037.gif){kind=small}
PROFITABILITY:
FAIRLY GOOD
l
The turnover of SC appears average in its line in
both years, and it increased in 2014.
l
SC’s net profit margin is fairly good in both
years.
l
SC’s return on total assets is fairly good in both
years.
l
SC’s turnover is in a fair level in both years,
comparing with the size of its total assets.
LEVERAGE: FAIRLY
GOOD
l
The debt ratio of SC is low.
l
The risk for SC to go bankrupt is average.
Overall financial
condition of the SC: Fairly Stable.
%20CO.,%20LTD.%20-%20336438%2018-Aug-2015_files/image038.gif){kind=small}
SC is considered small-sized in its line with fairly stable financial
conditions.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.22 |
|
|
1 |
Rs.102.23 |
|
Euro |
1 |
Rs.72.39 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
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%) Maret trend (10%) Operational
size (10%)
MIRA INFORM REPORT
|
Report No. : |
336438 |
|
Report Date : |
18.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
trumpler chemicals
and dyes (jiaxing) co., ltd. |
|
|
|
|
Registered Office : |
Room 1528, Yangguang West Road, Weitang Town, Jiashan County, Jiaxing City, Zhejiang Province, 314100 Pr |
|
|
|
|
Country : |
China |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
05.04.2004 |
|
|
|
|
Com. Reg. No.: |
330421400000676 |
|
|
|
|
Legal Form : |
Wholly Foreign-Owned Enterprise |
|
|
|
|
Line of Business : |
Subject is mainly engaged in Manufacturing and Selling of chemicals
Dyes. |
|
|
|
|
No. of Employees : |
52 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
China |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CHINA - ECONOMIC OVERVIEW
Since the late 1970s China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role - in 2010 China became the world's largest exporter. Reforms began with the phasing out of collectivized agriculture, and expanded to include the gradual liberalization of prices, fiscal decentralization, increased autonomy for state enterprises, growth of the private sector, development of stock markets and a modern banking system, and opening to foreign trade and investment. China has implemented reforms in a gradualist fashion. In recent years, China has renewed its support for state-owned enterprises in sectors considered important to "economic security," explicitly looking to foster globally competitive industries. After keeping its currency tightly linked to the US dollar for years, in July 2005 China moved to an exchange rate system that references a basket of currencies. From mid 2005 to late 2008 cumulative appreciation of the renminbi against the US dollar was more than 20%, but the exchange rate remained virtually pegged to the dollar from the onset of the global financial crisis until June 2010, when Beijing allowed resumption of a gradual appreciation. In 2014 the People’s Bank of China (PBOC) doubled the daily trading band within which the RMB is permitted to fluctuate. The restructuring of the economy and resulting efficiency gains have contributed to a more than tenfold increase in GDP since 1978. Measured on a purchasing power parity (PPP) basis that adjusts for price differences, China in 2014 stood as the largest economy in the world, surpassing the US that year... Still, per capita income is below the world average.
The Chinese government faces numerous economic challenges, including: (a) reducing its high domestic savings rate and correspondingly low domestic consumption; (b) facilitating higher-wage job opportunities for the aspiring middle class, including rural migrants and increasing numbers of college graduates; (c) reducing corruption and other economic crimes; and (d) containing environmental damage and social strife related to the economy's rapid transformation. Economic development has progressed further in coastal provinces than in the interior, and by 2014 more than 274 million migrant workers and their dependents had relocated to urban areas to find work. One consequence of population control policy is that China is now one of the most rapidly aging countries in the world. Deterioration in the environment - notably air pollution, soil erosion, and the steady fall of the water table, especially in the North - is another long-term problem. China continues to lose arable land because of erosion and economic development. The Chinese government is seeking to add energy production capacity from sources other than coal and oil, focusing on nuclear and alternative energy development.
Several factors are converging to slow China's growth, including debt overhang from its credit-fueled stimulus program, industrial overcapacity, inefficient allocation of capital by state-owned banks, and the slow recovery of China's trading partners. The government's 12th Five-Year Plan, adopted in March 2011 and reiterated at the Communist Party's "Third Plenum" meeting in November 2013, emphasizes continued economic reforms and the need to increase domestic consumption in order to make the economy less dependent in the future on fixed investments, exports, and heavy industry. However, China has made only marginal progress toward these rebalancing goals. The new government of President XI Jinping has signaled a greater willingness to undertake reforms that focus on China's long-term economic health, including giving the market a more decisive role in allocating resources. In 2014 China agreed to begin limiting carbon dioxide emissions by 2030. China implemented several economic reforms in 2014, including passing legislation to allow local governments to issue bonds, opening several state-owned enterprises to further private investment, loosening the one-child policy, passing harsher pollution fines, and cutting administrative red tape.
|
Source
: CIA |
Company
Name and address
trumpler chemicals and dyes (jiaxing) co., ltd.
room 1528,
yangguang west road, weitang town, jiashan county,
jiaxing city,
zhejiang PROVINCE, 314100 PR CHINA
TEL: 86 (0)
573-84062882/84062922 FAX: 86 (0)
573-84062798
EXECUTIVE
SUMMARY
INCORPORATION DATE : april 5, 2004
REGISTRATION NO. : 330421400000676
REGISTERED LEGAL FORM : Wholly foreign-owned
enterprise
STAFF STRENGTH : 52
REGISTERED CAPITAL : eur 2,430,000
BUSINESS LINE :
manufacturing and TRADING
TURNOVER : CNY 98,497,000
(AS OF DEC. 31, 2014)
EQUITIES : CNY 77,551,000 (AS
OF DEC. 31, 2014)
PAYMENT : AVERAGE
MARKET CONDITION : AVERAGE
FINANCIAL CONDITION :
FAIRLY STABLE
OPERATIONAL TREND :
STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE : CNY 6.3858 =USD
1
Adopted
abbreviations:
ANS – amount not
stated
NS – not stated
SC – subject
company (the company inquired by you)
NA – not available
CNY – China Yuan Ren Min Bi
SC was registered as a wholly foreign-owned
enterprise at local Administration for Industry & Commerce (AIC – The
official body of issuing and renewing business license) on april
5, 2004.
Company Status: Wholly foreign-owned enterprise This form of business in PR
China is defined as a legal person. It is a limited co. established within
the territories of PR China with capital provided totally by the foreign
investors. More than one foreign investor may jointly invest in a wholly
foreign-owned enterprise. The investing party/parties solely exercise
management, reap profit and bear risks and liabilities by themselves. This
form of companies usually have a limited duration is extendible upon
approval of Examination and Approval Authorities.
SC’s registered
business scope includes manufacturing and selling fat fluid, tanning agents and
re-tanning agents, leather tanning chemical raw materials, dye products.
Wholesaling, commission agency (excluding auction), importing, exporting and
after-sale service of chemical products (excluding dangerous chemicals and
precursor chemicals), packaging materials, machinery equipment and spare parts.
If the trade of the goods is governed by the quota or special rule, relevant
regulations shall be followed. (the above scope excluding state regulations
prohibit foreign investment and permitted items).
SC is mainly
engaged in manufacturing and selling chemical dyes.
Henricus Adrianus
Antonius Maria Vugs has been the legal representative, chairman and general
manager of SC since 2015.
SC is known
to have approx. 52 employees at present.
SC
is currently operating at the above stated address, and this address houses its
operating office and factory in the industrial zone of Jiaxing. Our checks
reveal that SC owns the total premise, but the gross area is unspecified.
http://www.trumpler.de/
The website belongs to Trumpler International. The design is professional and
the content is well organized. At present it is in German and English versions.
Email: mail@trumpler.cn; syh@trumpler.cn
Changes of its registered information:
|
Date of change |
Item |
Before the change |
After the change |
|
2005-02 |
Registered capital |
EUR 2,030,000 |
Present amount |
|
2013-8-23 |
Registration no. |
003092 |
Present one |
|
2015-2-9 |
Legal rep. |
Dr. Thomas Feigel |
Present one |
Tax Registration Certificate No.: 330421757099882.
Organization Code: 757099882
For the past two years there is no record of litigation.
MAIN
SHAREHOLDERS:
Name
% of
shareholdings
Trumpler GmbH & Co. KG, Chemische Fabrik
(Germany) 65
Trumpler Española S.A. (Spain) 35
Trumpler GmbH & Co. KG, Chemische Fabrik
(Germany):
==========================================
Company number: HRA 10073
Add.: Hafenstrabe 10 67547 Worms Germany
Tel: (+49) 6241-4060
Fax: (+49) 6241-406111
E-mail: mail@trumpler.de
Trumpler Española S.A. (Spain)
=======================
Add.: Apartado de Correos 10208210 Barbera
del Valles, Barcelona
Tel: (+34-93) 7 47 93 55
Fax: (+34-93) 7 18 80 06
Email: info@trumpler.es
l Legal
Representative, Chairman and General Manager:
Henricus Adrianus Antonius Maria Vugs, Swiss, is currently responsible
for the overall management of SC.
Working Experience(s):
From 2015 to present Working in SC as legal
representative, chairman and general manager.
Directors:
-----------
Juan Barenys Martinez Passport No.: 43397587-z
Joadhim Jurgen Muller
Supervisor:
-----------
Christian Roos Passport No.: 2184409352
SC is mainly
engaged in manufacturing and selling chemical dyes.
SC’s products
mainly include: chemical dyes, etc.
SC sources its materials 100% from overseas
market, mainly Germany. SC sells 100% of its products in domestic market,
mainly Shandong province and Zhejiang province.
The buying terms of SC include L/C and Credit of 30-60 days. The payment
terms of SC include T/T and Credit of 30-60 days.
TRADEMARKS & PATENTS
|
Registration No. |
6529340 |
6529313 |
6529320 |
|
Registration Date |
|
|
|
|
Trademark Design |
|
|
|
Etc.
*Major Customer:
==============
Jinan Weinuoer Industry Co., Ltd.
*Major Supplier:
============
Trumpler GmbH & Co. KG, Chemische Fabrik (Germany)
According to http://www.trumpler.de/:
Trumpler Brasileira Ltda. (Brazil)
Av. Colombia, 233
Bairro Santa Rita
CEP 95780-000
Montenegro - RS
Tel.: (+ 55-51) 36 49 29 41
Fax: (+ 55-51) 36 49 29 41
Trumpler France S.a.r.l. (France)
2, rue Marcelin Berthelot
ZA de
81300 Graulhet
Tel.: (+ 33-5) 63 34 57 52
Fax: (+ 33-5) 63 34 25 00
Trumpler Italia S.R.L.
Via Lombardia 5/7
56029 S. Croce
Tel.: (+ 39-05 71) 3 25 46
Fax: (+ 39-05 71) 3 55 58
Etc.
Overall payment appraisal:
( ) Excellent (
) Good (X) Average (
) Fair ( ) Poor
( ) Not yet determined
The appraisal serves as a reference to reveal SC's payments habits and
ability to pay. It is based on the 3
weighed factors: Trade payment
experience (through current enquiry with SC's suppliers), our delinquent
payment and our debt collection record concerning SC.
Trade payment experience: SC’s suppliers
declined to make any comments.
Delinquent
payment record: None in our database.
Debt collection record: No overdue amount owed by SC was placed to us for collection
within the last 6 years.
Bank of China
Jiaxing City Jiashan Sub-Branch
AC#: N/A
Relationship:
Normal
Financial
Information
Unit: CNY’000
|
|
as of
Dec. 31, 2014 |
as of Dec. 31, 2013 |
|
Total liabilities |
34,430 |
38,820 |
|
Equities |
77,551 |
70,721 |
|
|
-------------- |
-------------- |
|
Total assets |
111,981 |
109,541 |
|
|
========= |
========= |
|
Turnover |
98,497 |
95,039 |
|
Profit before tax |
10,044 |
9,161 |
|
Profit tax |
1,414 |
1,116 |
|
Profits |
8,630 |
8,045 |
Note:
SC’s accountant refused to release the detailed financial reports for Yr2014
and Yr2013.
Important Ratios
=============
|
|
as of Dec. 31,
2014 |
as of Dec. 31,
2013 |
|
*Liabilities
to assets |
0.31 |
0.35 |
|
*Net profit
margin (%) |
8.76 |
8.46 |
|
*Return on
total assets (%) |
7.71 |
7.34 |
|
*Turnover/Total
assets |
0.88 |
0.87 |
PROFITABILITY:
FAIRLY GOOD
l
The turnover of SC appears average in its line in
both years, and it increased in 2014.
l
SC’s net profit margin is fairly good in both
years.
l
SC’s return on total assets is fairly good in both
years.
l
SC’s turnover is in a fair level in both years,
comparing with the size of its total assets.
LEVERAGE: FAIRLY
GOOD
l
The debt ratio of SC is low.
l
The risk for SC to go bankrupt is average.
Overall financial
condition of the SC: Fairly Stable.
SC is considered small-sized in its line with fairly stable financial
conditions.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.22 |
|
|
1 |
Rs.102.23 |
|
Euro |
1 |
Rs.72.39 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
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.