|
Report No. : |
303547 |
|
Report Date : |
22.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
GREEN ENERGY TECHNOLOGY INC. |
|
|
|
|
Registered Office : |
No.22, Sec.3, Jhongshan N. Rd., Jhongshan District, Taipei City 104 |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Financials (as on) : |
31.12.2013 (Consolidated) |
|
|
|
|
Date of Incorporation : |
29.06.2004 |
|
|
|
|
Com. Reg. No.: |
27335280 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture and sales of electronic components |
|
|
|
|
No. of Employee : |
About 1,500 Employees |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow But Correct |
|
|
|
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
TAIWAN ECONOMIC OVERVIEW
Taiwan has a dynamic capitalist economy with gradually decreasing government guidance of investment and foreign trade. Exports, led by electronics, machinery, and petrochemicals have provided the primary impetus for economic development. This heavy dependence on exports exposes the economy to fluctuations in world demand. Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are other major long-term challenges. Free trade agreements have proliferated in East Asia over the past several years, and following the landmark Economic Cooperation Framework Agreement (ECFA) signed with China in June 2010, Taiwan in July 2013 signed a free trade deal with New Zealand—Taipei’s first-ever with a country with which it does not maintain diplomatic relations—and in November inked a trade pact with Singapore. Negotiations continue on follow-on components of ECFA regarding trade in goods and a dispute resolution mechanism; a trade in services agreement is under review in the legislature. Taiwan's Total Fertility rate of just over one child per woman is among the lowest in the world, raising the prospect of future labor shortages, falling domestic demand, and declining tax revenues. Taiwan's population is aging quickly, with the number of people over 65 accounting for 11.2% of the island's total population as of 2012. The island runs a large overall trade surplus largely because of its surplus with China, and its foreign reserves are the world's sixth largest, behind China, Japan, Saudi Arabia, Russia, and Switzerland. In 2006 China overtook the US to become Taiwan's second-largest source of imports after Japan. China is also the island's number one destination for foreign direct investment. Taiwan since 2009 has gradually loosened rules governing Chinese investment on the island, and has also secured greater market access for its investors in the mainland. In August 2012, Taiwan Central Bank signed a memorandum of understanding on cross-Strait currency settlement with its Chinese counterpart. The MOU allows for the direct settlement of Chinese RMB and the New Taiwan dollar across the Strait, which could help develop Taiwan into a local RMB hub. Closer economic links with the mainland bring greater opportunities for the Taiwan economy, but also poses new challenges as the island becomes more economically dependent on China while political differences remain unresolved.
|
Source
: CIA |
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
19-2,Tatung 1st
Rd., Kuanyin Industrial Park, Kuanyin Township, Taoyuan County 32849,Taiwan |
|
Supplied Address: |
|
|
Telephone Number: |
|
|
Fax Number: |
|
|
E-mail: |
Notes: The exact name and address are as above.
|
Credit Opinion: |
Subject was incorporated
on 2004-6-29 with registered number 27335280 as Joint Stock Company in Taiwan.
Subject was listed on the Taiwan Stock Exchange
on 2008-1-25.
Factories
|
1 |
|
|
Name: |
Dayuan Factory |
|
Address: |
No. 106-4, 106, Minsheng Rd., Neihai Li, Dayuan Dist., Taoyuan City,
Taiwan |
|
Date of Registration: |
2007-12-28 |
|
Factory Registration Number: |
99707372 |
|
Factory Manager: |
Weishan Lin |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2013-6-6 |
|
Major Products: |
269 Other electronic components 264 Photoelectric material and components |
|
2 |
|
|
Name: |
Nanke Branch |
|
Address: |
No. 118, Minzhi Rd., Beiling Li, Luzhu Dist., Gaoxiong City, Taiwan |
|
Date of Registration: |
2011-12-23 |
|
Factory Registration Number: |
94A00296 |
|
Factory Manager: |
Shiyuan Lin |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2013-9-24 |
|
Major Products: |
269 Other electronic components 264 Photoelectric material and components |
|
3 |
|
|
Name: |
Guanyin Factory |
|
Address: |
No. 19-2, Datong Yi Rd., Caoluo Li, Guanyin Dist., Taoyuan City,
Taiwan |
|
Date of Registration: |
2004-12-13 |
|
Factory Registration Number: |
99688093 |
|
Factory Manager: |
Weishan Lin |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2013-6-6 |
|
Major Products: |
269 Other electronic components 264 Photoelectric material and components |
Branch
|
Name |
Branch Of Southern Taiwan Science Park |
|
Registration Number |
29184647 |
|
Date of Registration |
2010-8-9 |
|
Status |
Active |
|
Manager Name |
Shiyuan Lin |
|
Date of Last Annual Return |
2012-12-14 |
Office
|
Address |
No.98 Ronggong S. Rd., Kuanyin Industrial Park, Kuanyin Township,
Taoyuan County 32849, Taiwan, ROC. |
|
Tel |
+886-3-416-0207 |
|
Fax |
+886-3-416-0523 |
Major Shareholders
|
Name |
Subscription Shares |
|
San Chih Semiconductor Co. |
|
|
87,811,967 |
|
|
Yuansheng Tang |
19,348 |
|
Fanxiong Chen |
10,477 |
|
Baisong Qiu |
4,577 |
Shareholder Information:
|
Registered Name: |
San Chih Semiconductor Co. |
|
Registered Address: |
22 Chungshan North Road, 3rd Sec. Taipei,
Taiwan, R.O.C. |
|
Date of Foundation: |
1995-7-25 |
|
Registration Number: |
89487188 |
|
Registry: |
Department of Commerce, Ministry of Economic
Affairs, R.O.C |
|
Registered Capital: |
NTD 1,500,000,000 (USD 46,500,000) (As of 2015.01, 1 NTD = 0.0310 USD) |
|
Paid-up Capital: |
NTD 1,155,973,480 (USD 35,835,177.88) |
|
Legal Representatives: |
Weishan Lin |
|
Legal Form: |
Joint Stock Company |
|
Date of Last Annual Return: |
2014-7-17 |
Core
Management
Directors
|
1 |
||
|
Name |
Weishan Lin |
|
|
Position |
Chairman of the Board |
|
|
2 |
||
|
Name |
Guowenyan Lin |
|
|
Position |
Director |
|
|
3 |
||
|
Name |
Helong Lin |
|
|
Position |
Director |
|
|
4 |
||
|
Name |
Longda Li |
|
|
Position |
Director |
|
|
5 |
||
|
Name |
Yuansheng Tang |
|
|
Position |
Director |
|
|
6 |
||
|
Name |
Fanxiong Chen |
|
|
Position |
Director |
|
|
7 |
||
|
Name |
Juqing Wang |
|
|
Position |
Independent Director |
|
|
8 |
||
|
Name |
Baisong Qiu |
|
|
Position |
Independent Director |
|
|
9 |
||
|
Name |
Dengcai Tu |
|
|
Position |
Independent Director |
|
Personnel
Structure
|
Total Employees |
About 1,500 Employees |
Offices & Factories
|
|
Headquarters |
|
Add |
19-2,Tatung 1st Rd., Kuanyin Industrial Park,
Kuanyin Township, Taoyuan County 32849,Taiwan |
Production Information
l Subject is engaged
in manufacturing of electronic components, etc.
l Subject has 3
factories in Taiwan for production.
Purchase Information
l
The registered activities of subject:
|
Business Code |
Details |
|
CC01080 |
Electronic
components manufacturing |
|
F119010 |
Electronics
material wholesale business |
|
F219010 |
Electronics
components retail business |
|
IG03010 |
Energy service |
|
ZZ99999 |
Besides licensed
business, all other business items those are not banned or restricted. |
l The components and
raw materials for production are both purchased at home and abroad such as
Korea, etc.
l Subject is engaged
in sale of electronic components, etc.
l The major products
of the subject are silicon wafer and thin film, etc.
l Subject’s sales
regions include domestic market, Southeast Asia, USA, Europe, etc.
l Subject’s major
customers are manufacturers of semiconductor and LED, etc.
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
1.
Domestic Purchase
|
Products |
Components and raw materials, etc. |
|
Payment Terms |
T/T, Cash, etc. |
2.
Import
|
Products |
Components and raw materials, etc. |
|
Payment Terms |
L/C, T/T, etc. |
1.
Domestic Markets
|
Product |
Electronic components, etc. |
|
Selling Terms |
T/T, Cash, etc. |
2.
Export
|
Product |
Electronic components, etc. |
|
Selling Terms |
L/C, T/T, etc. |
Unit: NTD/000
|
Consolidated |
2013-12-31 |
2012-12-31 |
|
Assets |
|
|
|
Current assets |
|
|
|
Cash and cash
equivalents |
|
|
|
Total cash and cash
equivalents |
983,742 |
1,584,833 |
|
Current bond investment
without active market |
|
|
|
Current bond investment
without active market, net |
498,239 |
174,927 |
|
Notes receivable, net |
|
|
|
Notes receivable, net |
45,219 |
102,756 |
|
Accounts receivable,
net |
|
|
|
Accounts receivable,
net |
2,449,497 |
1,805,351 |
|
Other receivables |
|
|
|
Other receivables, net |
53,745 |
256,855 |
|
Current tax assets |
|
|
|
Total current tax
assets |
27,378 |
16,686 |
|
Inventories |
|
|
|
Total inventories |
1,958,286 |
2,228,717 |
|
Prepayments |
|
|
|
Total prepayments |
2,217,914 |
1,767,153 |
|
Non-current assets
classified as held for sale, net |
|
|
|
Non-current assets
classified as held for sale, net |
109,784 |
0 |
|
Other current assets |
|
|
|
Total other current
assets |
4,173 |
305 |
|
Total current assets |
8,347,977 |
7,937,583 |
|
Non-current assets |
|
|
|
Non-current
available-for-sale financial assets |
|
|
|
Non-current
available-for-sale financial assets, net |
189,161 |
400,343 |
|
Investments accounted
for using equity method |
|
|
|
Investments accounted for
using equity method, net |
130,425 |
143,871 |
|
Property, plant and
equipment |
|
|
|
Total property, plant
and equipment |
13,161,069 |
15,307,190 |
|
Intangible assets |
|
|
|
Total intangible assets |
14,288 |
15,495 |
|
Deferred tax assets |
338,013 |
329,347 |
|
Other non-current
assets |
|
|
|
Total other non-current
assets |
2,306,465 |
3,078,683 |
|
Total non-current
assets |
16,139,421 |
19,274,929 |
|
Total assets |
24,487,398 |
27,212,512 |
|
Liabilities |
|
|
|
Current liabilities |
|
|
|
Short-term borrowings |
|
|
|
Total short-term
borrowings |
5,110,377 |
5,693,666 |
|
Short-term notes and
bills payable |
|
|
|
Total short-term notes
and bills payable |
548,442 |
0 |
|
Current derivative
financial liabilities for hedging |
0 |
0 |
|
Notes payable |
|
|
|
Total notes payable |
0 |
57,965 |
|
Accounts payable |
|
|
|
Total accounts payable |
3,854,202 |
1,936,041 |
|
Other payables |
|
|
|
Total other payables |
1,264,862 |
679,499 |
|
Current tax liabilities |
30,478 |
0 |
|
Current provisions |
|
|
|
Total current
provisions |
20,562 |
19,235 |
|
Other current
liabilities |
|
|
|
Long-term liabilities,
current portion |
|
|
|
Long-term borrowings,
current portion |
1,876,237 |
2,761,779 |
|
Total long-term liabilities,
current portion |
1,876,237 |
2,761,779 |
|
Other current
liabilities, others |
253,918 |
568,747 |
|
Total other current
liabilities |
2,130,155 |
3,330,526 |
|
Total current
liabilities |
12,959,078 |
11,716,932 |
|
Non-current liabilities |
|
|
|
Long-term borrowings |
|
|
|
Total long-term
borrowings |
2,476,807 |
4,671,860 |
|
Non-current provisions |
|
|
|
Total non-current
provisions |
73,435 |
72,007 |
|
Deferred tax
liabilities |
|
|
|
Total deferred tax
liabilities |
94,240 |
62,488 |
|
Other non-current
liabilities |
|
|
|
Accrued pension
liabilities |
18,145 |
14,521 |
|
Other non-current
liabilities, others |
63,130 |
130,892 |
|
Total other non-current
liabilities |
81,275 |
145,413 |
|
Total non-current
liabilities |
2,725,757 |
4,951,768 |
|
Total liabilities |
15,684,835 |
16,668,700 |
|
Equity |
|
|
|
Equity attributable to
owners of parent |
|
|
|
Share capital |
|
|
|
Ordinary share |
3,441,285 |
3,218,513 |
|
Total capital stock |
3,441,285 |
3,218,513 |
|
Capital surplus |
|
|
|
Total capital surplus |
7,478,144 |
10,847,256 |
|
Retained earnings |
|
|
|
Legal reserve |
0 |
0 |
|
Special reserve |
0 |
0 |
|
Unappropriated retained
earnings (accumulated deficit) |
|
|
|
Total unappropriated retained
earnings (accumulated deficit) |
-2,392,512 |
-3,535,268 |
|
Total retained earnings |
-2,392,512 |
-3,535,268 |
|
Other equity interest |
|
|
|
Exchange differences on
translation of foreign financial statements |
|
|
|
Total exchange differences
on translation of foreign financial statements |
32,845 |
-74,125 |
|
Unrealized gains
(losses) on available-for-sale financial assets |
|
|
|
Total unrealized gains
(losses) on available-for-sale financial assets |
-410,839 |
-444,903 |
|
Total other equity
interest |
-377,994 |
-519,028 |
|
Treasury shares |
0 |
0 |
|
Total equity
attributable to owners of parent |
8,148,923 |
10,011,473 |
|
Equity attributable to
former owner of business combination under common control |
0 |
8,504 |
|
Non-controlling
interests |
653,640 |
523,835 |
|
Total equity |
8,802,563 |
10,543,812 |
|
Equivalent issue shares
of advance receipts for ordinary share |
0 |
0 |
|
Number of shares in
entity held by entity and by its subsidiaries |
0 |
0 |
Unit: NTD/000
|
Consolidated |
2013 |
2012 |
|
Operating revenue |
|
|
|
Net sales revenue |
|
|
|
Sales revenue |
|
|
|
Total sales revenue |
13,322,845 |
10,621,880 |
|
Sales discounts and
allowances |
64,956 |
21,498 |
|
Net sales revenue |
13,257,889 |
10,600,382 |
|
Total operating revenue |
13,257,889 |
10,600,382 |
|
Operating costs |
|
|
|
Total operating costs |
14,795,497 |
13,471,417 |
|
Gross profit (loss)
from operations |
-1,537,608 |
-2,871,035 |
|
Gross profit (loss)
from operations |
-1,537,608 |
-2,871,035 |
|
Operating expenses |
|
|
|
Selling expenses |
|
|
|
Total selling expenses |
65,970 |
144,263 |
|
Administrative expenses |
|
|
|
Total administrative
expenses |
391,641 |
473,429 |
|
Research and
development expenses |
|
|
|
Total research and
development expenses |
99,706 |
176,104 |
|
Total operating
expenses |
557,317 |
793,796 |
|
Net operating income
(loss) |
-2,094,925 |
-3,664,831 |
|
Non-operating income
and expenses |
|
|
|
Other income |
|
|
|
Total other income |
93,947 |
556,680 |
|
Other gains and losses |
|
|
|
Other gains and losses,
net |
-72,083 |
-287,998 |
|
Finance costs |
|
|
|
Finance costs, net |
275,491 |
301,676 |
|
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 |
-13,371 |
4,636 |
|
Total non-operating
income and expenses |
-266,998 |
-28,358 |
|
Profit (loss) from
continuing operations before tax |
-2,361,923 |
-3,693,189 |
|
Tax expense (income) |
|
|
|
Total tax expense
(income) |
25,199 |
-27,175 |
|
Profit (loss) from
continuing operations |
-2,387,122 |
-3,666,014 |
|
Profit (loss) |
-2,387,122 |
-3,666,014 |
|
Other comprehensive
income |
|
|
|
Exchange differences on
translation |
147,934 |
-109,571 |
|
Unrealised gains
(losses) on valuation of available-for-sale financial assets |
34,064 |
35,925 |
|
Actuarial gains (losses)
on defined benefit plans |
-3,456 |
-11,111 |
|
Income tax related to
components of other comprehensive income |
10,582 |
-17,071 |
|
Other comprehensive
income, net |
167,960 |
-67,686 |
|
Total comprehensive
income |
-2,219,162 |
-3,733,700 |
|
Profit (loss),
attributable to: |
|
|
|
Profit (loss),
attributable to owners of parent |
-2,428,169 |
-3,573,240 |
|
Profit (loss),
attributable to former owner of business combination under common control |
-3,427 |
-38,754 |
|
Profit (loss), attributable
to non-controlling interests |
44,474 |
-54,020 |
|
Comprehensive income
attributable to: |
|
|
|
Comprehensive income,
attributable to owners of parent |
-2,290,004 |
-3,620,660 |
|
Comprehensive income, attributable
to former owner of business combination under common control |
-3,427 |
-38,754 |
|
Comprehensive income,
attributable to non-controlling interests |
74,269 |
-74,286 |
|
Basic earnings per
share |
|
|
|
Total basic earnings
per share |
-7.26 |
-11.65 |
Unit: NTD/000
|
Consolidated |
2013 |
2012 |
|
Cash flows from (used
in) operating activities, indirect method |
|
|
|
Profit (loss) from
continuing operations before tax |
-2,361,923 |
-3,693,189 |
|
Profit (loss) before
tax |
-2,361,923 |
-3,693,189 |
|
Adjustments |
|
|
|
Adjustments to
reconcile profit (loss) |
|
|
|
Depreciation expense |
2,238,533 |
2,223,802 |
|
Amortization expense |
3,344 |
3,634 |
|
Net loss (gain) on financial
assets or liabilities at fair value through profit or loss |
0 |
-15,254 |
|
Interest expense |
275,491 |
301,676 |
|
Interest income |
-4,991 |
-12,997 |
|
Share-based payments |
27,704 |
94,631 |
|
Share of loss (profit) of
associates and joint ventures accounted for using equity method |
10,672 |
-4,637 |
|
Loss (gain) on disposal
of property, plan and equipment |
258 |
1,938 |
|
Loss (gain) on disposal
of investments |
-115,111 |
0 |
|
Impairment loss on non-financial
assets |
219,265 |
364,117 |
|
Reversal of impairment
loss on non-financial assets |
-127,791 |
0 |
|
Other adjustments to
reconcile profit (loss) |
0 |
82,552 |
|
Total adjustments to
reconcile profit (loss) |
2,527,374 |
3,039,462 |
|
Changes in operating
assets and liabilities |
|
|
|
Changes in operating
assets |
|
|
|
Decrease (increase) in
notes receivable |
57,537 |
-17,215 |
|
Decrease (increase) in
accounts receivable |
-644,146 |
-401,698 |
|
Decrease (increase) in other
receivable |
330,752 |
219,385 |
|
Decrease (increase) in
inventories |
270,431 |
-528,335 |
|
Decrease (increase) in
prepayments |
-450,761 |
-584,151 |
|
Decrease (increase) in
other current assets |
-3,868 |
19,716 |
|
Decrease (increase) in other
operating assets |
772,361 |
740,678 |
|
Total changes in
operating assets |
332,306 |
-551,620 |
|
Changes in operating
liabilities |
|
|
|
Increase (decrease) in
notes payable |
-57,965 |
57,965 |
|
Increase (decrease) in
accounts payable |
1,918,161 |
1,047,896 |
|
Increase (decrease) in
other payable |
561,958 |
187,617 |
|
Increase (decrease) in
provisions |
2,755 |
2,639 |
|
Increase (decrease) in
other current liabilities |
-314,829 |
135,797 |
|
Increase (decrease) in
accrued pension liabilities |
168 |
-385 |
|
Increase (decrease) in
other operating liabilities |
-67,762 |
-624,050 |
|
Total changes in
operating liabilities |
2,042,486 |
807,479 |
|
Total changes in
operating assets and liabilities |
2,374,792 |
255,859 |
|
Total adjustments |
4,902,166 |
3,295,321 |
|
Cash inflow (outflow)
generated from operations |
2,540,243 |
-397,868 |
|
Interest received |
5,140 |
25,977 |
|
Income taxes refund
(paid) |
7,960 |
-34,565 |
|
Net cash flows from
(used in) operating activities |
2,553,343 |
-406,456 |
|
Cash flows from (used
in) investing activities |
|
|
|
Proceeds from disposal
of available-for-sale financial assets |
360,357 |
0 |
|
Acquisition of bond
investments without active market |
-390,435 |
-164,452 |
|
Proceeds from disposal of
bond investments without active market |
74,220 |
459,359 |
|
Acquisition of
investments accounted for using equity method |
0 |
-72,679 |
|
Increase in prepayments
for investments |
0 |
-2,140 |
|
Acquisition of non-current
assets classified as held for sale |
-109,784 |
0 |
|
Acquisition of
property, plant and equipment |
-133,002 |
-581,587 |
|
Proceeds from disposal
of property, plant and equipment |
0 |
50 |
|
Acquisition of
intangible assets |
-1,411 |
0 |
|
Net cash flows from
(used in) investing activities |
-200,055 |
-361,449 |
|
Cash flows from (used
in) financing activities |
|
|
|
Increase in short-term
loans |
21,531,076 |
22,577,540 |
|
Decrease in short-term
loans |
-22,107,635 |
-23,279,969 |
|
Increase in short-term
notes and bills payable |
548,442 |
0 |
|
Decrease in short-term
notes and bills payable |
0 |
-99,325 |
|
Proceeds from long-term
debt |
178,591 |
781,343 |
|
Repayments of long-term
debt |
-3,284,419 |
-2,239,362 |
|
Proceeds from issuing
shares |
450,000 |
1,543,848 |
|
Interest paid |
-280,477 |
-312,647 |
|
Change in
non-controlling interests |
209 |
-14,424 |
|
Net cash flows from
(used in) financing activities |
-2,964,213 |
-1,042,996 |
|
Effect of exchange rate
changes on cash and cash equivalents |
9,834 |
-52,516 |
|
Net increase (decrease)
in cash and cash equivalents |
-601,091 |
-1,863,417 |
|
Cash and cash
equivalents at beginning of period |
1,584,833 |
3,448,250 |
|
Cash and cash
equivalents at end of period |
983,742 |
1,584,833 |
|
Cash and cash
equivalents reported in the statement of financial position |
983,742 |
1,584,833 |
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.
|
Name |
China Development Industrial Bank |
Mortgage
|
1 |
|
|
Case Type: |
Chattel Mortgage |
|
File No.: |
101083 |
|
Debtor Name: |
Green Energy Technology Inc. |
|
Document Number: |
09930333400 |
|
Date of Registration: |
2010-8-19 |
|
Date of Alteration: |
2011-10-26 |
|
2 |
|
|
Case Type: |
Chattel Mortgage |
|
File No.: |
109673 |
|
Debtor Name: |
Green Energy Technology Inc. |
|
Document Number: |
10331025350 |
|
Date of Registration: |
2014-4-29 |
|
Date of Alteration: |
2014-11-27 |
|
3 |
|
|
Case Type: |
Chattel Mortgage |
|
File No.: |
104461 |
|
Debtor Name: |
Green Energy Technology Inc. |
|
Document Number: |
10030362490 |
|
Date of Registration: |
2011-8-12 |
|
4 |
|
|
Case Type: |
Chattel Mortgage |
|
File No.: |
109008 |
|
Debtor Name: |
Green Energy Technology Inc. |
|
Document Number: |
10231374440 |
|
Date of Registration: |
2013-12-26 |
|
5 |
|
|
Case Type: |
Chattel Mortgage |
|
File No.: |
105031 |
|
Debtor Name: |
Green Energy Technology Inc. |
|
Document Number: |
10030381490 |
|
Date of Registration: |
2011-11-22 |
|
6 |
|
|
Case Type: |
Chattel Mortgage |
|
File No.: |
105300 |
|
Debtor Name: |
Green Energy Technology Inc. |
|
Document Number: |
10130302080 |
|
Date of Registration: |
2012-1-12 |
|
7 |
|
|
Case Type: |
Chattel Mortgage |
|
Debtor Name: |
Green Energy Technology Inc. |
|
Document Number: |
10331071530 |
|
Date of Registration: |
2014-11-27 |
Lawsuit
Up to date of reporting, no existing or latent
litigation of the subject has been found.
Interview Details
|
Name |
Mr. Lin |
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.61 |
|
|
1 |
Rs.93.47 |
|
Euro |
1 |
Rs.71.37 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
DPT |
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.