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Report No. : |
356261 |
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Report Date : |
26.12.2015 |
IDENTIFICATION DETAILS
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Name : |
JEOU LIAN FLAGSTONE CO., LTD. |
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Registered Office : |
1F., No.41, Shuijing St., Beitun Dist.,
Taichung City 40641 |
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Country : |
Taiwan |
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Date of Incorporation : |
16.10.1992 |
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Com. Reg. No.: |
86965875 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Trading of flagstone |
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No. of Employee : |
About 25 Employees |
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 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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: |
No.6, Lane 192,
Sec 1, Dongshang Road, Taichung City, Taiwan, R.O.C. |
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Supplied Address: |
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Telephone Number: |
+886-4-24374107 / 24368500 |
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Fax Number: |
Note: The exact name and address are as above. It is
introduced that the supplied address belongs to that of subject’s Engineering
Department.
|
Registered Name: |
Jeou Lian Flagstone Co., Ltd. |
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Registered Address: |
1F., No.41, Shuijing
St., Beitun Dist., Taichung City 40641, Taiwan (R.O.C.) |
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Date of Foundation: |
1992-10-16 |
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Registration Number: |
86965875 |
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Registry: |
Taichung City Government |
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Registered Capital: |
(As of 2015.12, 1 NTD = 0.0304 USD) |
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Paid-up Capital: |
NTD 20,000,000 (USD 608,000) |
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Legal Representatives: |
Huocheng Yang |
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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 1992-10-16 with registered number 86965875
as Joint Stock Company in Taiwan.
Branches
|
Name |
Zhubei Branch |
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Address |
No.207, Shengli 5 Road, Zhubei City, Taiwan, R.O.C. |
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Telephone Number |
+886-3-658-7268 |
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Fax Number |
+886-3-658-7269 |
Major Shareholders
|
Name |
Subscription Shares |
|
Huocheng Yang |
12,300 |
|
Yuzhen Zhang |
|
|
1,200 |
|
|
Yongzhi Yang |
2,380 |
|
Zongyang Yang |
2,905 |
Core Management
Directors
|
1 |
|
|
Name |
Huocheng Yang |
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Position |
Board chairman |
|
2 |
|
|
Name |
Yuzhen Zhang |
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Position |
Director |
|
3 |
|
|
Name |
Yongzhi Yang |
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Position |
Director |
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4 |
|
|
Name |
Zongyang Yang |
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Position |
Supervisor |
Personnel
Structure
|
Total Employees |
About 25 employees |
Offices &
Factories
|
|
Headquarters |
|
Add |
No.6, Lane 192, Sec 1, Dongshang Road, Taichung City, Taiwan, R.O.C. |
Production
Information
Subject is a trader of flagstone, etc. without any production activities
Purchase
Information
The registered activities of subject:
|
-- |
Design and construction of virescence of villa gardens |
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Trading of ceramic, flagstone and building materials |
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Import and export business of above mentioned items |
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-- |
Agent, price quoting, bidding service, Import, export and marketing of
all kinds of above mentioned items. |
Subject’s products are purchased from both home and abroad.
It is introduced that subject purchases large-scale machineries from
abroad.
Subject is engaged in sale of flagstones
It is introduced that subject’s major products are landscape stone,
floor stone, sandstone, crystalline rock, wall rock, multicolored slices,
volcanic rock, sandstone, iron flat stone, magnificent rock and sand rock,
granite, granite floor and granite flower terraces
It is introduced that subject also can carry on all kinds of engineering,
including construction stone, stone beauty and maintenance and exterior wall
construction stone, etc.
Subject’s sales and service region mainly focus on Taiwan domestic market.
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic Purchase
|
Products |
Flagstones |
|
Payment Terms |
T/T, Cash |
Import
|
Products |
Flagstones |
|
Payment Terms |
L/C, T/T |
Sales
Domestic Markets
|
Product |
Flagstones |
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Selling Terms |
T/T, Cash |
Export
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 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
|
Name |
Ms. Luo |
|
Department |
Sales Department |
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Email: |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.20 |
|
|
1 |
Rs.98.30 |
|
Euro |
1 |
Rs.72.41 |
|
NTD |
1 |
Rs.2.01 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
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|
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Report Prepared
by : |
ANK |
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.