|
Report No. : |
336986 |
|
Report Date : |
21.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
CTCI CORPORATION |
|
|
|
|
Registered Office : |
No.89, Sec.6, Zhong Shan N. Road, Taipei
11155, Taiwan, R.O.C. |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
06.04.1979 |
|
|
|
|
Com. Reg. No.: |
20817282 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Providing the related services about
construction and engineering. |
|
|
|
|
No. of Employees : |
ABOUT 3,200 EMPLOYEES (TAIWAN) ABOUT 7,300 EMPLOYEES (GROUP) |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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) |
|
Taiwan |
A1 |
A1 |
|
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. 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. However, follow-on components of the ECFA, including a signed agreement on trade in services and negotiations on trade in goods and dispute resolution, have stalled. In early 2014, the government bowed to public demand and proposed a new law governing the oversight of cross-Strait agreements, before any additional deals with China are implemented; the legislature has yet to vote on such legislation, leaving the future of ECFA up in the air as President MA enters his final full year in office. MA has portrayed ECFA as Taiwan’s key to greater participation in East Asia’s free trade networks.
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 expected to account for nearly 20% of the island's total population by 2025.
The island runs a trade surplus, largely because of its surplus with China, and its foreign reserves are the world's fifth largest, behind those of China, Japan, Saudi Arabia, 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, the Taiwan Central Bank signed a memorandum of understanding (MOU) 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 has helped Taiwan develop into a local RMB hub.
Closer economic links with the mainland bring greater opportunities for Taiwan’s economy but also pose new challenges as the island becomes more economically dependent on China at a time when political differences remain unresolved. During 2014, the press paid increasing attention to domestic economic issues, while pushing aside the debates over trade liberalization that were a hallmark of MA’s tenure. The media focused on the divide between Taiwan’s “haves” and “have nots,” providing extensive coverage of public frustration with stagnant wages, skyrocketing housing prices, and the difficulty of finding decent entry-level jobs.
|
Source
: CIA |
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
No.89, Sec.6,
Zhong Shan N. Road, Taipei 11155, Taiwan, R.O.C. |
|
Supplied Address: |
22FL Ctci Tower
77 Tun Hua South Rdsection 2 Tan An Dist Taipei City 106 |
|
Telephone Number: |
+886-2-2700-9659/2833-9999 |
|
Fax Number: |
|
|
E-mail: |
Notes: The exact name and address are as above. It is introduced that the
supplied address is subject’s former address.
Subject was incorporated
on 1979-04-06 with registered number 20817282 as Joint Stock Company in Taiwan.
Subject listed on Taiwan Stock Exchange on 1993-05-28.
Related Companies
|
1 |
|
|
Name |
E&C Engineering Corporation |
|
Address |
5 Fl., 16, Lane 270, Sec. 3, Beishen Road, Shenkeng District, New
Taipei City 22205, Taiwan, R.O.C. |
|
Tel |
+886-2-2662-5858 |
|
Fax |
+886-2-2662-2814 |
|
Website |
|
|
2 |
|
|
Name |
Resources Engineering Services Inc. |
|
Address |
4 Fl., 48, Sec. 3, Nankang Road, Taipei 11510, Taiwan, R.O.C. |
|
Tel |
+886-2-2783-8250 |
|
Fax |
+886-2-2783-8232 |
|
Website |
|
|
3 |
|
|
Name |
Advanced Control & Systems Inc. |
|
Address |
5 Fl., 52, Sec. 3, Nankang Road, Taipei 11510, Taiwan, R.O.C. |
|
Tel |
+886-2-2785-3839 |
|
Fax |
+886-2-2782-0180 |
|
Website |
|
|
4 |
|
|
Name |
KD Holding Corporation |
|
Address |
5 Fl., 132, Xingshan Road, Neihu District, Taipei 11469, Taiwan,
R.O.C. |
|
Tel |
+886-2-2162-1689 |
|
Fax |
+886-2-2162-1680 |
|
Website |
|
|
5 |
|
|
Name |
Sino Environmental Services Corporation |
|
Address |
5 Fl., 132, Xingshan Road, Neihu District, Taipei 11469, Taiwan,
R.O.C. |
|
Tel |
+886-2-2162-1688 |
|
Fax |
+886-2-2162-1681 |
|
Website |
|
|
6 |
|
|
Name |
Leading Energy Corporation |
|
Address |
5 Fl., 132, Xingshan Road, Neihu District, Taipei 11469, Taiwan,
R.O.C. |
|
Tel |
+886-2-2162-1689 |
|
Fax |
+886-2-2162-1680 |
|
Website |
|
|
7 |
|
|
Name |
HD Resource Management Corporation |
|
Address |
5 Fl., 132, Xingshan Road, Neihu District, Taipei 11469, Taiwan,
R.O.C. |
|
Tel |
+886-2-2162-1689 |
|
Fax |
+886-2-2162-1680 |
|
Website |
|
|
8 |
|
|
Name |
Fortune Energy Corporation |
|
Address |
5 Fl., 132, Xingshan Road, Neihu District, Taipei 11469, Taiwan,
R.O.C. |
|
Tel |
+886-2-2162-1689 |
|
Fax |
+886-2-2162-1680 |
|
Website |
|
|
9 |
|
|
Name |
CTCI Chemicals Corporation |
|
Address |
5 Fl., 132, Xingshan Road, Neihu District, Taipei 11469, Taiwan,
R.O.C. |
|
Tel |
+886-2-2162-1687 |
|
Fax |
+886-2-2162-1680 |
|
Website |
|
|
10 |
|
|
Name |
CTCI Machinery Corporation |
|
Address |
Tashe Fabrication Shop 5, Hsin Kung Road, Tashe District, |
|
Tel |
+886-7-351-2141 |
|
Fax |
+886-7-351-2460 |
|
Website |
|
|
11 |
|
|
Name |
G.D. Development Corporation |
|
Address |
5 Fl., 132, Xingshan Road, Neihu District, Taipei 11469, Taiwan,
R.O.C. |
|
Tel |
+886-2-2162-1689 |
|
Fax |
+886-2-2792-8352 |
|
12 |
|
|
Name |
CTCI (Thailand) Co., Ltd. |
|
Address |
825, Phairojkijja Tower, 19 Fl., Bangna-Trad Road, KM. 4, Bangna
Bangna Bangkok 10260, Thailand |
|
Tel |
+66-2-769-6888 |
|
Fax |
+66-2-769-6819 |
|
Website |
|
|
13 |
|
|
Name |
Jingding Engineering & Construction Co., Ltd. |
|
Address |
9-11 Fl., Royal City International Centre, 136, Andingmenwai Street,
Dongcheng District, Beijing 100011, P. R. China |
|
Tel |
+86-10-6482-7878 |
|
Fax |
+86-10-6482-7958 |
|
Website |
|
|
14 |
|
|
Name |
CTCI Engineering & Construction Sdn. Bhd. |
|
Address |
Suite 22-03B, 22 Fl., Menara Tan & Tan, 207 Jalan Tun Razak, 50400
Kuala Lumpur, Malaysia |
|
Tel |
+60-3-2166-5568 |
|
Fax |
+60-3-2166-6658 |
|
15 |
|
|
Name |
CIMAS Engineering Co., Ltd. |
|
Address |
6 Fl., Charmvit Building, 117 Tran Duy Hung Road, Cau Giay District,
Hanoi, Vietnam |
|
Tel |
+84-4-3833-5513 |
|
Fax |
+84-4-3833-7824 |
|
Website |
|
|
16 |
|
|
Name |
CTCI Arabia Ltd. |
|
Address |
201, Al-Taher Tower, Al-Rawdah Street, Al-Rawdah District, Jeddah
21461, Kingdom of Saudi Arabia |
|
Tel |
+966-2-663-8745 |
|
17 |
|
|
Name |
Shang Ding Engineering & Construction Co., Ltd. |
|
Address |
7 Fl., 26, Lane 168, Daduhe Road, Putuo District, Shanghai 200062, P. R. China |
|
Tel |
+86-21-5251-9888 |
|
Fax |
+86-21-3250-1012 |
|
Website |
|
|
18 |
|
|
Name |
CTCI Corporation Abu Dhabi |
|
Address |
P. O. Box 44924, Abu Dhabi, United Arabia Emirates |
|
Tel |
+971-2-671-1572 |
|
Fax |
+971-2-671-1573 |
|
19 |
|
|
Name |
CINDA Engineering & Construction Pvt. Ltd. |
|
Address |
Corenthum, 6 Fl., Tower-B, Plot No. A-41, Sector-62,
Noida-201301(U.P.), India |
|
Tel |
+91-120-472-2300 |
|
Fax |
+91-120-472-2399 |
|
20 |
|
|
Name |
SINOGAL – Waste Services Co., Ltd. |
|
Address |
Central de Incineracao, Pac On Ilha da Taipa, Macau |
|
Tel |
+853-2885-0681 |
|
Fax |
+853-2885-0893 |
|
21 |
|
|
Name |
CTCI & Partners Co., Ltd. |
|
Address |
Room 201, Al-Mohammdia Tower, Dhahran Road, Al-Khobar 31952, Kingdom
of Saudi Arabia |
|
Tel |
+966-3-865-6145 |
|
Fax |
+966-3-864-9136 |
|
Website |
|
|
22 |
|
|
Name |
CTAS Corporation |
|
Address |
11757 Katy Freeway, Suite 1520 Houston, TX 77079, USA |
|
Tel |
+1-281-870-9998 |
|
Fax |
+1-281-870-9981 |
|
23 |
|
|
Name |
CTCI Singapore Pte. Ltd. |
|
Address |
100 Beach Road, #27-08, Shaw Tower, Singapore 189702 |
|
Tel |
+65-6295-2997 |
|
Fax |
+65-6295-1219 |
Offices
|
1 |
|
|
Name |
CTCI Corporation Qatar Branch Office |
|
Address |
P. O. Box 30261, 6, Ground Floor, Al Emadi Business Centre, C-Ring
Road, Doha, Qatar |
|
2 |
|
|
Name |
CTCI Corporation Italian Branch Office |
|
Address |
Via G. Carducci, 12, 21013 Gallarate (VA), Italy |
|
Tel |
+39-0331-771-026 |
|
Fax |
+39-0331-770-370 |
|
3 |
|
|
Name |
Samin District |
|
Address |
20 Fl., 366, Po Ai 1st Road, Sanmin District, Kaohsiung City 80757,
Taiwan, R.O.C. |
|
Tel |
+886-7-315-1011 |
|
Fax |
+886-7-313-3108 |
|
4 |
|
|
Name |
Al-Khobar Office |
|
Address |
Room 301, Al-Mohammdia Tower, Dhahran Road, Al-Khobar 31952, Kingdom
of Saudi Arabia |
|
Tel |
+966-3-865-6148 |
Major Shareholders
|
Name |
Subscription Shares |
|
Hsing Li Development Co., Ltd (Literal
Translation) |
|
|
912,170 |
|
|
Chuang Ding Investment Co., Ltd (Literal Translation) |
344,436 |
|
Sino Environmental Services Corporation |
1,028 |
|
Asian Crown Second Investment Co., Ltd (Literal Translation) |
500 |
|
CTCI Foundation |
60,862,051 |
Major Shareholders’ Information
|
1 |
|
|
Registered Name: |
Hsing Li Development Co., Ltd (Literal
Translation) |
|
Registered Address: |
10/F, No.89, Sec.6, Zhong Shan N. Road,
Taipei 11155, Taiwan, R.O.C. |
|
Date of Foundation: |
1999-02-24 |
|
Registration Number: |
16836821 |
|
Registry: |
Department of Commerce, Ministry of Economic Affairs,
R.O.C. |
|
Legal Representatives: |
Wenhui Yang |
|
Legal Form: |
Joint Stock Company |
|
Date of Last Annual Return: |
2014-09-19 |
|
2 |
|
|
Registered Name: |
Chuang Ding Investment Co., Ltd (Literal
Translation) |
|
Registered Address: |
10F, No.89, Sec.6, Zhong Shan N. Road,
Taipei 11155, Taiwan, R.O.C. |
|
Date of Foundation: |
1999-02-05 |
|
Registration Number: |
16835941 |
|
Registry: |
Department of Commerce, Ministry of Economic Affairs,
R.O.C. |
|
Legal Representatives: |
Zongxing Yang |
|
Legal Form: |
Joint Stock Company |
|
Date of Last Annual Return: |
2015-05-14 |
|
3 |
|
|
Registered Name: |
Asian Crown Second Investment Co., Ltd
(Literal Translation) |
|
Registered Address: |
17F., No.167, Dunhua N. Rd., Songshan Dist.,
Taipei City, Taiwan (R.O.C.) |
|
Date of Foundation: |
2011-04-21 |
|
Registration Number: |
53331541 |
|
Registry: |
Taipei City Government |
|
Legal Representatives: |
Takao Kamij |
|
Legal Form: |
Private Liability Limited Company |
|
Date of Last Annual Return: |
2011-09-02 |
|
4 |
|
|
Registered Name: |
Sino Environmental Services Corporation |
|
Registered Address: |
10F, No.89, Sec.6, Zhong Shan N. Road,
Taipei 11155, Taiwan, R.O.C. |
|
Date of Foundation: |
1994-05-24 |
|
Registration Number: |
84787313 |
|
Registry: |
Taipei City Government |
|
Legal Representatives: |
Junzhe Liao |
|
Legal Form: |
Joint Stock Company |
|
Date of Last Annual Return: |
2015-07-13 |
Core Management
Directors
|
1 |
||
|
Name |
Junyan Yu |
|
|
Position |
Board Chairman & Manager |
|
|
Date of Appointment for Manager |
2001-12-04 |
|
|
2 |
||
|
Name |
Junhua Lin |
|
|
Position |
Vice Board Chairman & Manager |
|
|
Date of Appointment for Manager |
2002-06-28 |
|
|
3 |
||
|
Name |
Yiming Xu |
|
|
Position |
Executive Director & Manager |
|
|
Date of Appointment for Manager |
2009-06-23 |
|
|
4 |
||
|
Name |
Takao Kamiji |
|
|
Position |
Director |
|
|
5 |
||
|
Name |
Tengyao Yu |
|
|
Position |
Director |
|
|
6 |
||
|
Name |
Yigui Wu |
|
|
Position |
Director |
|
|
7 |
||
|
Name |
Ping Shen |
|
|
Position |
Director |
|
|
8 |
||
|
Name |
Yingjun Hai |
|
|
Position |
Director |
|
|
9 |
||
|
Name |
Chengyun Gu |
|
|
Position |
Director |
|
|
10 |
||
|
Name |
Wenyan Pan |
|
|
Position |
Director |
|
|
11 |
||
|
Name |
Jiayi Xi |
|
|
Position |
Independent Director |
|
|
12 |
||
|
Name |
Rican Huang |
|
|
Position |
Independent Director |
|
|
13 |
||
|
Name |
Liang Fan |
|
|
Position |
Independent Director |
|
|
14 |
||
|
Name |
Zongxing Yang |
|
|
Position |
Manager |
|
|
Date of Appointment |
2014-06-26 |
|
Personnel Structure
|
Total Employees |
About 3,200 Employees (Taiwan) About 7,300 Employees (Group) |
Offices & Factories
|
|
Headquarters |
|
Add |
No.89, Sec.6,
Zhong Shan N. Road, Taipei 11155, Taiwan, R.O.C. |
Production Information
Subject is engaged in providing the services of construction and
engineering, etc.
Subject obtained the certification of ISO 9001: 2008, ISO 14001: 2004,
OHSAS 18001: 2007 and TOSHMS: 2007.
Purchase Information
The registered activities of subject:
|
Business Code |
Details |
|
B101010 |
Coal mining industry |
|
B102010 |
Petroleum and gas |
|
B201010 |
Metal mining industry |
|
B202010 |
Non-metal industry |
|
B601010 |
Assumption of fill dam |
|
C801010 |
Basic chemical industry |
|
C801020 |
Manufacturing of petrochemical materials |
|
C801030 |
Manufacturing of precision chemical materials |
|
C801060 |
Manufacturing of synthetic rubber |
|
C801100 |
Manufacturing of synthetic resin and plastic |
|
C801110 |
Manufacturing of fertilizer |
|
C801120 |
Manufacturing of man-made fibre |
|
C801990 |
Manufacturing of other chemical materials |
|
C802120 |
Manufacturing of industrial additives |
|
C802200 |
Manufacturing of coating, painting, dyes and pigment |
|
C802990 |
Manufacturing of other chemical products |
|
C901040 |
Manufacturing of premixed concrete |
|
Manufacturing of cement and concrete products |
|
|
CA01010 |
Smelting of steel and iron |
|
CA01020 |
Steel rolling and extruding industry |
|
CA01030 |
Steel casting industry |
|
CA01050 |
Secondary processing of steel |
|
CA01990 |
Other non-metal industry |
|
CA02010 |
Manufacturing of metal construction and construction components |
|
CA02050 |
Manufacturing of ATOS |
|
CA02060 |
Manufacturing of metal container |
|
CA02080 |
Forging of metal |
|
The heat treatment industry |
|
|
CA04010 |
The surface treatment industry |
|
CB01010 |
Manufacturing of machinery and equipment |
|
CB01030 |
Manufacturing of pollution-prevention equipment |
|
CB01990 |
Manufacturing of other machinery |
|
CC01010 |
Manufacturing of machinery for electricity generation, electricity
transmission and distribution of electricity |
|
CC01040 |
Manufacturing of lighting equipment |
|
CC01080 |
Manufacturing of electronic components |
|
CC01090 |
Manufacturing of battery |
|
CC01110 |
Manufacturing of computer and related equipment |
|
CC01120 |
Manufacturing of media for files storage and copying |
|
CC01990 |
Manufacturing of other electric machine and electronic machinery |
|
CD01020 |
Manufacturing of rail vehicles and its components |
|
CE01010 |
Manufacturing of general instrument |
|
D101040 |
Non-public power generating industry |
|
D101050 |
Cogeneration industry |
|
D301010 |
Operating of tap water |
|
D401010 |
Supplying of heat energy |
|
E103101 |
Environmental protection engineering construction enterprises |
|
E401010 |
Dredging industry |
|
E501011 |
Installing of tap water |
|
E502010 |
Installing project of fuel line |
|
E599010 |
Piping engineer industry |
|
E601010 |
Installing of electrical appliances |
|
E601020 |
Installation of electrical appliances |
|
E603010 |
Installation of electric cable |
|
E603020 |
Installation of elevator |
|
E603040 |
Installing project of fire safety equipment |
|
E603050 |
Project of automatic control equipment |
|
E603080 |
Installing project of traffic sign |
|
E603090 |
Installing project of lighting equipment |
|
E603100 |
Welding engineering project |
|
E603110 |
Cold work engineering |
|
E603120 |
Sand blasting engineering |
|
E603130 |
Installation of gas water heater |
|
E604010 |
Installation of machinery |
|
E605010 |
Installation of computer |
|
E701020 |
KU channel of satellite TV and channel C equipment |
|
E701030 |
Installing project of radio-frequency devices under telecommunications
regulation |
|
E801010 |
Interior decorating businesses |
|
E801020 |
Installation of doors and windows |
|
E801030 |
Project of indoor light steel frame |
|
E801040 |
Installing project of glass |
|
E801070 |
Installing project of kitchenware and plumping products |
|
E901010 |
Paint engineering industry |
|
EZ03010 |
Installation of melting pot |
|
EZ02010 |
Lifting engineering |
|
EZ03010 |
Installation of smelter |
|
EZ05010 |
Installation of instrument and apparatus |
|
EZ06010 |
Project of traffic signs |
|
EZ07010 |
Drilling engineering industry |
|
EZ09010 |
Electrostatic protection and elimination of engineering industry |
|
EZ13010 |
Nuclear engineering industry |
|
EZ14010 |
Sports venues in equipment engineering industry |
|
EZ15010 |
Installation of heat and cold preservation |
|
EZ99990 |
Other project |
|
F106010 |
Wholesales of hardware |
|
F107170 |
Wholesales of industrial additives |
|
F107200 |
Wholesales of chemical materials |
|
F107990 |
Wholesales of other chemical products |
|
F113010 |
Wholesales of machinery |
|
F113020 |
Wholesales of electrical appliance |
|
F113030 |
Wholesales of precision instrument |
|
F113050 |
Wholesales of computer and related equipment |
|
F113060 |
Wholesales of measuring instruments directives |
|
F113070 |
Wholesales of telecommunication equipment |
|
F113090 |
Wholesales of traffic signs |
|
F113100 |
Wholesales of pollution-prevention equipment |
|
F114080 |
Wholesales of rail cars and components |
|
F117010 |
Wholesales of fire safety equipment |
|
F118010 |
Wholesales of information media |
|
F119010 |
Wholesales of electronic materials |
|
F120010 |
Wholesales of refractory material |
|
F199010 |
Wholesales of recovered materials |
|
F199990 |
Other wholesales |
|
F206010 |
Retails of hardware |
|
F207170 |
Retails of industrial additives |
|
F207200 |
Retails of chemical materials |
|
F207990 |
Retails of other chemical products |
|
F211010 |
Retails of construction materials |
|
F213010 |
Retails of electrical appliances |
|
F213030 |
Retails of computers and related equipment |
|
F213040 |
Retails of precision instrument |
|
F213050 |
Retails of measuring instruments directives |
|
F213060 |
Retails of telecommunication equipment |
|
F213080 |
Retails of machinery and tool |
|
F213090 |
Retails of traffic signs equipment |
|
F213100 |
Retails of pollution-prevention equipment |
|
F214080 |
Retails of rail cars and components |
|
F217010 |
Retails of fire safety equipment |
|
F218010 |
Retails of information media |
|
F219010 |
Retails of electronic materials |
|
F220010 |
Retails of refractory material |
|
F299990 |
Other retails |
|
F401010 |
International trading business |
|
H701010 |
Retails of resident and building |
|
H701020 |
Renting and developing of industrial premises |
|
H701030 |
Renting and developing of burial place |
|
H701040 |
Developing of specific professional area |
|
H701050 |
Invest in the construction industry |
|
H701060 |
Developing of new town and new community |
|
H701080 |
Urban renewal rebuilding industry |
|
H702010 |
Building manager industry |
|
H703090 |
Trading of real estate |
|
H703100 |
Renting of real estate |
|
I101061 |
Consult of engineering technologies |
|
I102010 |
Consult of investment |
|
I103060 |
Consult of management |
|
I199990 |
Services of other consult |
|
I301010 |
Services of information media |
|
I301020 |
Services of handling with files |
|
I301030 |
Supplying of electronic information |
|
I501010 |
Designing of products |
|
I503010 |
Landscape and interior designing |
|
I599990 |
Other designing |
|
IF01010 |
Fire safety equipment maintenance and repair industry |
|
IF02010 |
Electrical equipment inspection maintenance industry |
|
IF04010 |
Nondestructive testing industry |
|
IG01010 |
Services of biotechnologies |
|
IG02010 |
Services of researching and developing |
|
IG03010 |
Services of energy technology |
|
IZ09010 |
Management system authentication. |
|
IZ13010 |
Internet authentication service |
|
IZ15010 |
Marketing research and opinion survey |
|
IZ99990 |
Other business services |
|
J101010 |
Building cleaning services |
|
J101030 |
Waste removal industry |
|
J101040 |
Waste disposal industry |
|
J101050 |
Environmental testing services |
|
J101080 |
Resources recycling industry |
|
J101990 |
Other environmental health and pollution prevention services |
|
J399990 |
Other publishing industry |
|
JE01010 |
Renting industry |
|
ZZ99999 |
Besides licensed business, all other business items those are not banned
or restricted |
· It is introduced that the construction, engineering materials and equipment are purchased from both home and abroad.
· Subject is engaged in providing the services about construction and engineering, etc.
· It is introduced that the services of subject are mainly supplied for petroleum refining, petrochemical processing, transportation, metal mills, storage and terminals, chemical manufacturing, environment and safety, power generation, air pollution control and waste-to-energy, etc.
· It is introduced that subject’s service regions include domestic market, Southeast Asia, etc.
The major customers and services as follows
|
Major Customers |
Services |
|
Petroleum Refining |
．Crude
Distillation ．Vacuum
Distillation ．Catalytic
Reforming ．Hydrodesulfurization
．Amine Treatment ．Sweetening ．Coking ．Hydrotreating ．Fluid Catalytic
Cracking ．Hydrocracking ．Alkylation ．Isomerization ．Lubes and Fuels ．Asphalt ．Sulfur Recovery ．Gasification ．Hydrogen |
|
Petrochemical Processing |
．Olefins ．Aromatics ．Butadiene ．PDH ．OCU ．Organics:
Acetaldehyde, Acetic Acid, Acrylonitrile, CPL, EB/SM, EDC /VCM, EO / EG, MMA,
MEK, Methanol, Cumene, Phenol, BPA, PTA, and various monomers ．Polyolefins: PE,
PP ．Plastics: PVC,
PS, ABS, PVA, etc. ．Elastomers: SBR,
EPDM, etc. ．Synthetic
Fibers: PET, Nylon, etc.. |
|
Transportation |
．Mass Rapid
Transit Systems ．Highways ．High Speed Rails |
|
Metal Mills |
Blast Furnaces ．Coke Oven, CDQ,
By-Products ．Sinter Plant ．Roll Mill Plant ．Copper
Smelting |
|
Storage and Terminals |
Tank Yards ．LNG Receiving
Terminals ．Chemical Storage |
|
Chemical Manufacturing |
．Fertilizers,
Phosphates, Ion Exchange Resins, Waxes ．Brewery and
Winery ．Pharmaceuticals ．Polysilicon |
|
Environmental And Safety |
EIS/EIA ．Solid Waste
Treatment and Management ．Hazard and Risk
Assessment ．Water /
Wastewater Treatment ．Sewage and
Sludge Treatment ．Noise Abatement |
|
Power Generation and Utility |
．Coal-fired Power
Plants ．Combined Cycle Power
Plants ．Oil/Gas fired
Power Plants ． Nuclear Power
Plants ．Cogeneration
Plants ． Water Supply ．Air Separation |
|
Air Pollution Control |
De-NOx, De-Dioxin, De-SOx & De-dust for : ．Oil Refinery ．Petrochemical
Plants ．Utility Power
Plants ．Co-Generation
Plants ．Sinter Plant of
Steel Mill ．Metallurgical ．Waste
Incinerator ．Chemical &
Plastic ．Pulp & Paper ．Cement |
|
Waste-To-Energy |
．Refuse
Incineration ．Medical &
Hazardous Waste Incineration ．Liquid/ Gas
Incineration ．Bio-mass
Incineration ．Waste Collection
and Disposal ．Slag and Fly Ash
Treatment ．Operation &
Maintenance |
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
PURCHASE
Domestic Purchase
|
Products |
Materials, etc. |
|
Payment Terms |
T/T, Cash, etc. |
Import
|
Products |
Materials, etc. |
|
Payment Terms |
L/C, T/T, etc. |
Domestic Markets
|
Product |
Engineering Service and Construction
Services, etc. |
|
Selling Terms |
T/T, Cash, etc. |
Export
|
Product |
Engineering Service and Construction
Services, etc. |
|
Selling Terms |
L/C, T/T, etc. |
Unit: NTD/000
|
Consolidated |
2014-12-31 |
2013-12-31 |
|
Assets |
|
|
|
Current
assets |
|
|
|
Cash
and cash equivalents |
|
|
|
Total
cash and cash equivalents |
9,810,303 |
9,327,026 |
|
Current
financial assets at fair value through profit or loss |
|
|
|
Total
current financial assets at fair value through profit or loss |
1,783,575 |
843,215 |
|
Current
available-for-sale financial assets |
|
|
|
Current
available-for-sale financial assets, net |
680,181 |
604,730 |
|
Notes
receivable, net |
|
|
|
Notes
receivable, net |
11,774 |
3,244,527 |
|
Notes
receivable due from related parties, net |
|
|
|
Notes
receivable due from related parties, net |
1,411,400 |
0 |
|
Accounts
receivable, net |
|
|
|
Accounts
receivable, net |
4,964,255 |
4,367,870 |
|
Accounts
receivable due from related parties, net |
|
|
|
Accounts
receivable due from related parties, net |
3,927 |
4,136 |
|
Construction
contracts receivable |
18,758,973 |
12,372,269 |
|
Other
receivables |
|
|
|
Other
receivables, net |
283,345 |
175,433 |
|
Other
receivables due from related parties |
|
|
|
Other
receivables due from related parties, net |
38,008 |
67,235 |
|
Current
tax assets |
|
|
|
Total
current tax assets |
170,268 |
163,728 |
|
Inventories |
|
|
|
Total
inventories |
316,169 |
89,661 |
|
Prepayments |
|
|
|
Total
prepayments |
3,632,839 |
3,002,991 |
|
Other
current assets |
|
|
|
Total
other current assets |
225,591 |
869,378 |
|
Total
current assets |
42,090,608 |
35,132,199 |
|
Non-current
assets |
|
|
|
Non-current
financial assets at cost |
|
|
|
Non-current
financial assets at cost, net |
574,622 |
584,153 |
|
Investments
accounted for using equity method |
|
|
|
Investments
accounted for using equity method, net |
2,065,874 |
675,002 |
|
Property,
plant and equipment |
|
|
|
Total
property, plant and equipment |
7,026,878 |
7,150,831 |
|
Investment
property, net |
|
|
|
Investment
property, net |
827,635 |
833,141 |
|
Intangible
assets |
|
|
|
Total
intangible assets |
118,638 |
114,766 |
|
Deferred
tax assets |
495,877 |
449,881 |
|
Other
non-current assets |
|
|
|
Total
other non-current assets |
3,638,169 |
3,897,325 |
|
Total
non-current assets |
14,747,693 |
13,705,099 |
|
Total
assets |
56,838,301 |
48,837,298 |
|
Liabilities |
|
|
|
Current
liabilities |
|
|
|
Short-term
borrowings |
|
|
|
Total
short-term borrowings |
353,618 |
991,965 |
|
Current
financial liabilities at fair value through profit or loss |
|
|
|
Total
current financial liabilities at fair value through profit or loss |
14,907 |
20,061 |
|
Notes
payable |
|
|
|
Total
notes payable |
19,397 |
5,518 |
|
Accounts
payable |
|
|
|
Total
accounts payable |
15,454,053 |
13,348,156 |
|
Accounts
payable to related parties |
|
|
|
Total
accounts payable to related parties |
189,299 |
16,134 |
|
Construction
contracts payable |
9,989,561 |
5,427,224 |
|
Other
payables |
|
|
|
Total
other payables |
2,523,644 |
2,688,807 |
|
Current
tax liabilities |
375,668 |
172,416 |
|
Other
current liabilities |
|
|
|
Total
other current liabilities |
2,113,784 |
987,389 |
|
Total
current liabilities |
31,033,931 |
23,657,670 |
|
Non-current
liabilities |
|
|
|
Long-term
borrowings |
|
|
|
Total
long-term borrowings |
2,926,350 |
3,296,297 |
|
Deferred
tax liabilities |
|
|
|
Total
deferred tax liabilities |
440,049 |
422,653 |
|
Other
non-current liabilities |
|
|
|
Total
other non-current liabilities |
2,734,962 |
2,515,189 |
|
Total
non-current liabilities |
6,101,361 |
6,234,139 |
|
Total
liabilities |
37,135,292 |
29,891,809 |
|
Equity |
|
|
|
Equity
attributable to owners of parent |
|
|
|
Share
capital |
|
|
|
Ordinary
share |
7,575,303 |
7,474,343 |
|
Total
capital stock |
7,575,303 |
7,474,343 |
|
Capital
surplus |
|
|
|
Capital
surplus, additional paid-in capital |
|
|
|
Total
capital surplus, additional paid-in capital |
2,737,464 |
2,488,469 |
|
Capital
surplus, treasury share transactions |
5,043 |
5,043 |
|
Capital
surplus, difference between consideration and carrying amount of subsidiaries
acquired or disposed |
184,615 |
172,654 |
|
Capital
surplus, changes in equity of associates and joint ventures accounted for
using equity method |
0 |
0 |
|
Capital
surplus, employee share options |
296,048 |
397,019 |
|
Capital
surplus, share options |
3,303 |
3,986 |
|
Capital
surplus, others |
3,560 |
2,914 |
|
Total
capital surplus |
3,230,033 |
3,070,085 |
|
Retained
earnings |
|
|
|
Legal
reserve |
2,663,798 |
2,499,625 |
|
Special
reserve |
778,162 |
778,162 |
|
Unappropriated
retained earnings (accumulated deficit) |
|
|
|
Total
unappropriated retained earnings (accumulated deficit) |
2,651,692 |
2,432,195 |
|
Total
retained earnings |
6,093,652 |
5,709,982 |
|
Other
equity interest |
|
|
|
Exchange
differences on translation of foreign financial statements |
|
|
|
Total
exchange differences on translation of foreign financial statements |
102,387 |
7,178 |
|
Unrealized
gains (losses) on available-for-sale financial assets |
|
|
|
Total
unrealized gains (losses) on available-for-sale financial assets |
148,176 |
222,360 |
|
Other
equity, others |
|
|
|
Total
other equity, others |
0 |
0 |
|
Total
other equity interest |
250,563 |
229,538 |
|
Treasury
shares |
11,835 |
11,835 |
|
Total
equity attributable to owners of parent |
17,137,716 |
16,472,113 |
|
Non-controlling
interests |
2,565,293 |
2,473,376 |
|
Total
equity |
19,703,009 |
18,945,489 |
|
Number
of share capital awaiting retirement |
0 |
0 |
|
Equivalent
issue shares of advance receipts for ordinary share |
0 |
0 |
|
Number
of shares in entity held by entity and by its subsidiaries |
1,257,634 |
1,257,634 |
Unit: NTD/000
|
Consolidated |
2014 |
2013 |
|
Operating
revenue |
|
|
|
Total
operating revenue |
57,691,937 |
52,221,958 |
|
Operating
costs |
|
|
|
Total
operating costs |
53,526,514 |
48,004,905 |
|
Gross
profit (loss) from operations |
4,165,423 |
4,217,053 |
|
Gross
profit (loss) from operations |
4,165,423 |
4,217,053 |
|
Operating
expenses |
|
|
|
Administrative
expenses |
|
|
|
Total
administrative expenses |
1,617,734 |
1,743,753 |
|
Research
and development expenses |
|
|
|
Total
research and development expenses |
103,994 |
107,525 |
|
Total
operating expenses |
1,721,728 |
1,851,278 |
|
Net
operating income (loss) |
2,443,695 |
2,365,775 |
|
Non-operating
income and expenses |
|
|
|
Other
income |
|
|
|
Total
other income |
352,471 |
175,479 |
|
Other
gains and losses |
|
|
|
Other
gains and losses, net |
167,836 |
723 |
|
Finance
costs |
|
|
|
Finance
costs, net |
89,005 |
106,126 |
|
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 |
31,199 |
74,059 |
|
Total
non-operating income and expenses |
462,501 |
144,135 |
|
Profit
(loss) from continuing operations before tax |
2,906,196 |
2,509,910 |
|
Tax
expense (income) |
|
|
|
Total
tax expense (income) |
584,468 |
474,134 |
|
Profit
(loss) from continuing operations |
2,321,728 |
2,035,776 |
|
Profit
(loss) |
2,321,728 |
2,035,776 |
|
Other
comprehensive income |
|
|
|
Exchange
differences on translation |
87,199 |
34,668 |
|
Unrealised
gains (losses) on valuation of available-for-sale financial assets |
-86,616 |
51,916 |
|
Other
comprehensive income, net |
583 |
86,584 |
|
Total
comprehensive income |
2,322,311 |
2,122,360 |
|
Profit
(loss), attributable to: |
|
|
|
Profit
(loss), attributable to owners of parent |
1,882,119 |
1,641,730 |
|
Profit
(loss), attributable to non-controlling interests |
439,609 |
394,046 |
|
Comprehensive
income attributable to: |
|
|
|
Comprehensive
income, attributable to owners of parent |
1,903,144 |
1,729,559 |
|
Comprehensive
income, attributable to non-controlling interests |
419,167 |
392,801 |
|
Basic
earnings per share |
|
|
|
Basic
earnings (loss) per share from continuing operations |
2.51 |
2.22 |
|
Total
basic earnings per share |
2.51 |
2.22 |
|
Diluted
earnings per share |
|
|
|
Diluted
earnings (loss) per share from continuing operations |
2.48 |
2.17 |
|
Total
diluted earnings per share |
2.48 |
2.17 |
Unit: NTD/000
|
Consolidated |
2014 |
2013 |
|
Cash
flows from (used in) operating activities, indirect method |
|
|
|
Profit
(loss) from continuing operations before tax |
2,906,196 |
2,509,910 |
|
Profit
(loss) before tax |
2,906,196 |
2,509,910 |
|
Adjustments |
|
|
|
Adjustments
to reconcile profit (loss) |
|
|
|
Depreciation
expense |
325,305 |
353,326 |
|
Amortization
expense |
153,205 |
137,598 |
|
Provision
(reversal of provision) for bad debt expense |
-75,002 |
77,933 |
|
Net
loss (gain) on financial assets or liabilities at fair value through profit
or loss |
6,864 |
17,331 |
|
Interest
expense |
89,005 |
106,126 |
|
Interest
income |
-149,180 |
-77,754 |
|
Dividend
income |
-45,825 |
-40,075 |
|
Share-based
payments |
28,507 |
70,878 |
|
Share
of loss (profit) of associates and joint ventures accounted for using equity
method |
-31,199 |
-74,059 |
|
Loss
(gain) on disposal of property, plan and equipment |
3,477 |
-3,813 |
|
Loss
(gain) on disposal of investments |
2,397 |
-93,263 |
|
Impairment
loss on financial assets |
86,756 |
82,536 |
|
Other
adjustments to reconcile profit (loss) |
492 |
808 |
|
Total
adjustments to reconcile profit (loss) |
394,802 |
557,572 |
|
Changes
in operating assets and liabilities |
|
|
|
Changes
in operating assets |
|
|
|
Decrease
(increase) in financial assets held for trading |
-1,071,643 |
955,505 |
|
Decrease
(increase) in notes receivable |
1,821,353 |
-3,234,780 |
|
Decrease
(increase) in accounts receivable |
-521,174 |
-245,172 |
|
Decrease
(increase) in construction contracts receivable |
-6,386,704 |
955,926 |
|
Decrease
(increase) in other receivable |
-93,420 |
48,762 |
|
Decrease
(increase) in other receivable due from related parties |
29,227 |
-15,362 |
|
Decrease
(increase) in inventories |
-226,508 |
-16,838 |
|
Decrease
(increase) in prepayments |
-629,848 |
564,313 |
|
Decrease
(increase) in other current assets |
643,787 |
-351,813 |
|
Decrease
(increase) in other operating assets |
247,639 |
213,616 |
|
Total
changes in operating assets |
-6,187,291 |
-1,125,843 |
|
Changes
in operating liabilities |
|
|
|
Increase
(decrease) in notes payable |
13,879 |
-638 |
|
Increase
(decrease) in accounts payable |
2,105,897 |
2,285,851 |
|
Increase
(decrease) in accounts payable to related parties |
173,165 |
16,134 |
|
Increase
(decrease) in construction contracts receivable |
4,562,337 |
-7,001,523 |
|
Increase
(decrease) in other payable |
-165,163 |
101,761 |
|
Increase
(decrease) in provisions |
0 |
0 |
|
Increase
(decrease) in other current liabilities |
1,310,277 |
-81,381 |
|
Increase
(decrease) in other operating liabilities |
164,699 |
336,359 |
|
Total
changes in operating liabilities |
8,165,091 |
-4,343,437 |
|
Total
changes in operating assets and liabilities |
1,977,800 |
-5,469,280 |
|
Total
adjustments |
2,372,602 |
-4,911,708 |
|
Cash
inflow (outflow) generated from operations |
5,278,798 |
-2,401,798 |
|
Interest
received |
134,206 |
80,027 |
|
Dividends
received |
117,115 |
69,950 |
|
Interest
paid |
-89,393 |
-120,807 |
|
Income
taxes refund (paid) |
-392,663 |
-830,938 |
|
Net
cash flows from (used in) operating activities |
5,048,063 |
-3,203,566 |
|
Cash
flows from (used in) investing activities |
|
|
|
Acquisition
of available-for-sale financial assets |
-159,765 |
131,455 |
|
Acquisition
of financial assets at cost |
-79,225 |
0 |
|
Proceeds
from capital reduction of financial assets at cost |
1,995 |
12,497 |
|
Acquisition
of investments accounted for using equity method |
-1,390,933 |
0 |
|
Acquisition
of property, plant and equipment |
-139,460 |
-166,824 |
|
Proceeds
from disposal of property, plant and equipment |
8,352 |
10,656 |
|
Increase
in refundable deposits |
-11,946 |
32,426 |
|
Acquisition
of intangible assets |
-76,881 |
-76,742 |
|
Increase
in other non-current assets |
-38,134 |
-41,494 |
|
Interest
received |
482 |
402 |
|
Net
cash flows from (used in) investing activities |
-1,885,515 |
-97,624 |
|
Cash
flows from (used in) financing activities |
|
|
|
Increase
in short-term loans |
-638,347 |
139,092 |
|
Repayments
of long-term debt |
-553,829 |
-590,776 |
|
Decrease
in guarantee deposits received |
65,608 |
-2,077 |
|
Cash
dividends paid |
-1,880,031 |
-2,447,272 |
|
Exercise
of employee share options |
327,328 |
339,932 |
|
Net
cash flows from (used in) financing activities |
-2,679,271 |
-2,561,101 |
|
Net
increase (decrease) in cash and cash equivalents |
483,277 |
-5,862,291 |
|
Cash
and cash equivalents at beginning of period |
9,327,026 |
15,189,317 |
|
Cash
and cash equivalents at end of period |
9,810,303 |
9,327,026 |
|
Cash
and cash equivalents reported in the statement of financial position |
9,810,303 |
9,327,026 |
Note: Subject didn’t submit its individual financial
information; we obtained its consolidated financials as above for reference.
The
above financial figures are based on the IFRSs Accounting System.
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.
|
1 |
|
|
Trial Number: |
2009, Beijian, 31034 |
|
Date of Trial: |
|
|
Reason: |
Return of cash deposit |
|
Claimant: |
CTCI Corporation |
|
Defendant: |
Niansheng Enterprise Co., Ltd. (Literal
Translation) |
|
2 |
|
|
Trial Number: |
2009, Beijian, 31034 |
|
Date of Trial: |
2009-09-29 |
|
Reason: |
Return of cash deposit |
|
Claimant: |
CTCI Corporation |
|
Defendant: |
Niansheng Enterprise Co., Ltd. (Literal
Translation) |
|
3 |
|
|
Trial Number: |
2007, Beijian,34532 |
|
Date of Trial: |
2007-09-28 |
|
Reason: |
Payment for goods |
|
Claimant: |
Shangquan Beton Co., Ltd. (Literal
Translation) |
|
Defendant: |
CTCI Corporation |
|
4 |
|
|
Trial Number: |
2011,Beilaojian, 3 |
|
Date of Trial: |
2011-05-20 |
|
Reason: |
Payment for Severance |
|
Claimant: |
Yongji Huang |
|
Defendant: |
Zhongqin HR Management Consultant Co., Ltd. |
Interview Details
|
Name |
Ms. Lin |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.24 |
|
|
1 |
Rs.102.21 |
|
Euro |
1 |
Rs.72.57 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.