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Report No. : |
356016 |
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Report Date : |
24.12.2015 |
IDENTIFICATION DETAILS
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Name : |
YUMBO INDUSTRIAL CORPORATION |
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Registered Office : |
2F., No. 16, Wu-Chuan Rd., Wugu Dist., New
Taipei City 24886, Taiwan (R.O.C.) |
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Country : |
Taiwan |
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Date of Incorporation : |
27.08.1980 |
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Com. Reg. No.: |
12294162 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Trading of Grains. |
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No. of Employees : |
ABOUT 20 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Company Name: |
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Supplied Name: |
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Trading Address: |
2F., No. 16,
Wu-Chuan Rd., Wugu Dist., New Taipei City 24886, Taiwan (R.O.C.) |
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Supplied Address: |
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Telephone Number: |
+886-2-2298-9608 |
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Fax Number: |
Notes: The exact name and address are as above.
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Registered Name: |
Yumbo Industrial Corporation |
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Registered Address: |
2F., No. 16, Wu-Chuan Rd., Wugu Dist., New
Taipei City 24886, Taiwan (R.O.C.) |
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Date of Foundation: |
1980-8-27 |
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Registration Number: |
12294162 |
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Registry: |
New Taipei City Government |
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Registered Capital: |
(As of 2015.12, 1 NTD = 0.03 USD) |
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Legal Representatives: |
Jiongyu Chen |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
Subject was incorporated
on 1980-8-27 with registered number 12294162
as Private Limited Liability Company in Taiwan.
Factory
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Address: |
No.53, Fangyuan Township, Changhua County, Taiwan (R.O.C.) |
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Date of Foundation: |
1969-1-1 |
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Date of Registration: |
1969-1-1 |
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Factory Registration Number: |
99646782 |
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Factory Manager: |
Jiongyu Chen |
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Status: |
In production |
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Date of Last Annual Return: |
2012-2-10 |
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Major Products: |
084 edible fat and oil 086 milling, powder and starch
product |
Major Shareholders
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Name |
Subscription Amount |
|
500,000 |
Core Management
Directors
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Name |
Jiongyu Chen |
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Position |
Director |
Personnel Structure
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Total Employees |
About 20 Employees |
Offices & Factories
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Headquarters |
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Add |
2F., No. 16, Wu-Chuan Rd., Wugu Dist., New Taipei City 24886, Taiwan
(R.O.C.) |
Production Information
Subject is a trader of grains
and etc without any production activities.
Purchase Information
The registered activities of subject:
|
Business Code |
Details |
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A102060 |
Grain dealer. |
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C199040 |
Manufacturing of bean processed food. |
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F101050 |
Wholesales of aquatic product. |
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F102170 |
Wholesales of miscellaneous goods and food. |
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F102020 |
Wholesales of edible fat and oil. |
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F104110 |
Wholesales of cloth, garment, shoes, caps, umbrella and garment
accessories. |
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F106010 |
Wholesales of hardware. |
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F106020 |
Wholesales of daily supplies. |
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F109070 |
Wholesales of products for education and culture, music instrument and
entertainment. |
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F201010 |
Retails of agriculture products. |
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F201030 |
Retails of aquatic product. |
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F203010 |
Retails of food, drink and miscellaneous goods |
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F204110 |
Retails of cloth, garment, shoes, caps, umbrella and garment
accessories. |
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F206010 |
Retails of hardware. |
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F206020 |
Retails of daily supplies. |
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F209060 |
Retails of products for education and culture, music instrument and
entertainment. |
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F401010 |
International trading business. |
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ZZ99999 |
Besides licensed business, all other business items those are not
banned or restricted. |
Subject purchases its products both at home and abroad.
It is introduced that subject import some products from India,
Argentina.
Subject is engaged in sale of grains and etc
The major products include peanut, yoyumin and etc.
Subject’s sales regions are mainly in Taiwan domestic markets.
Subject’s major customers are food processing industry and etc.
It is introduced that imported peanuts of subject’s goods in stock is
coming from India. And the peanut imported from Argentina will arrive in January,
2016.
Import and export right:
|
Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
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Products |
Grains |
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Payment Terms |
Cash, T/T |
Import
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Products |
Grains |
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Payment Terms |
L/C, T/T |
Sales
Domestic Markets
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Product |
Grains |
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Selling Terms |
Cash, T/T |
Export
It is introduced that subject has little
export.
Subject has no obligations to disclose its financial
statements to the third party according to the relevant policy in Taiwan and
the only source from which we can obtain the information is the subject itself.
Subject’s relevant staff Mr. Lin declined to
disclose its financials citing the grounds of company’s confidentiality; from
other sources we could not obtain such information, either.
Subject declined to disclose its bank details; from other source we
could not obtain the relevant information, either.
Mortgage
No chattel mortgage record of subject has been found within the recent 3
months.
Lawsuit
Up to date of reporting, no existing or latent
litigation of the subject has been found.
Interview Details
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Name |
Mr. Lin |
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Department |
Sales Department |
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Mobile Number: |
+86-9726960622 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.20 |
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|
1 |
Rs.98.30 |
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Euro |
1 |
Rs.72.41 |
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TWD |
1 |
Rs.2.01 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
KAS |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
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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.