|
Report No. : |
349118 |
|
Report Date : |
16.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
LISKY TECHNOLOGY CO., LTD. |
|
|
|
|
Registered Office : |
Room 4, 6/F, No.108, Sec.2, N. Xinsheng Rd.,
Zhongshan Dist., Taipei City |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
03.10.1992 |
|
|
|
|
Com. Reg. No.: |
86875641 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacturing and sale of textile machinery.
|
|
|
|
|
No. of Employee : |
Not Available |
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 : |
Unknown |
|
|
|
|
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: |
1F., No.1, Lane 131, Lu Chu St., Luzhu
Dist., Taoyuan City 338, Taiwan (R.O.C.) |
|
Supplied Address: |
1F, NO.1, LANE
131, LU CHU STREET LU CHU VILLAGE, LU CHU HSIANG, TAOYUAN HSIEN |
|
Telephone Number: |
+886-3-321-9436 |
|
Fax Number: |
Notes: The exact name and address are as above.
|
Registered Name: |
Lisky Technology Co., Ltd. |
|
Registered Address: |
Room 4, 6/F, No.108, Sec.2, N. Xinsheng Rd.,
Zhongshan Dist., Taipei City, Taiwan |
|
Date of Foundation: |
1992-10-03 |
|
Registration Number: |
86875641 |
|
Registry: |
Taipei City Government |
|
Registered Capital: |
(As of 2015.11, 1 NTD = 0.031 USD) |
|
Paid-up Capital: |
NTD 30,000,000 (USD 930,000) |
|
Legal Representatives: |
Lizhi Lin |
|
Legal Form: |
|
|
Principal Activities: |
|
|
Staff: |
|
|
Listed at Stock Exchange: |
|
|
Date of Last Annual Return: |
Subject was incorporated
on 1992-10-03 with registered number 86875641
as Joint Stock Company in Taiwan.
Factory
|
Address: |
1F., No.1, Lane 131, Lu Chu St., Luzhu Dist., Taoyuan City 338, Taiwan
(R.O.C.) |
|
Date of Registration: |
2006-07-11 |
|
Factory Registration Number: |
99706446 |
|
Factory Manager: |
Lizhi Lin |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2006-07-11 |
|
Major Products: |
292 Other special machinery equipment 293 General machinery equipment |
Major Shareholders
|
Name |
Subscription Shares |
|
Lizhi Lin |
|
|
20,125 |
|
|
Xiaomeng Lin |
1,000 |
|
Yitian Lin |
4,000 |
|
Renyue Ke |
4,250 |
Core Management
Directors
|
1 |
||
|
Name |
Lizhi Lin |
|
|
Position |
Chairman of the Board |
|
|
2 |
||
|
Name |
Xiaomeng Lin |
|
|
Position |
Director |
|
|
3 |
||
|
Name |
Yitian Lin |
|
|
Position |
Director |
|
|
4 |
||
|
Name |
Renyue Ke |
|
|
Position |
Supervisor |
|
Offices &
Factories
|
|
Headquarters |
|
Add |
1F., No.1, Lane
131, Lu Chu St., Luzhu Dist., Taoyuan City 338, Taiwan (R.O.C.) |
Production
Information
Subject is engaged in manufacturing of textile machinery
Subject has a factory in Taiwan for production.
Purchase
Information
The registered activities of subject:
|
Business Code |
Details |
|
-- |
Assembly and repair of electronic circuit board, sales of computer
machine integration equipment, hardware tools, audiovisuals, physical and chemical
equipment, refrigeration and air condition, test instrument, teaching
experiment equipment, language electrical and electronic (except the weights
and measures business) |
|
-- |
Sales of computer automatic control equipment, computer peripherals (except
the franchise business) |
|
-- |
Sales of the parts of sanitary and bathroom equipment, kitchen
equipment, fire equipment, pollution control equipment, vehicle equipment,
photographic equipment, sound equipment (except the franchise business) |
|
-- |
Sales of grass, flowers, miniascape, gift, grocery, agriculture and
fishery products |
|
-- |
Sales of education supplies and sporting goods |
|
-- |
Whole plant machine output |
|
-- |
Sales of all kinds of leather, artificial leather and glass crafts |
|
-- |
Sales of all kinds of beverage (except the authorized business) |
|
-- |
Sales of plastic rubber floor tile carpet and construction materials |
|
-- |
Sales of all kinds of communications equipment and satellite receivers |
|
-- |
Import and export of textile machinery pigment |
|
-- |
Import and export of the above products |
|
-- |
General import and export (except the authorized business) |
|
CB01010 |
Machinery equipment manufacturing |
|
ZZ99999 |
Besides licensed business, all other business items those are not
banned or restricted |
It is introduced that the components and raw materials of subject for
production are purchased from both home and abroad.
Subject is engaged in sales of textile
machinery
Subject’s sales regions include domestic market, Asia and Middle East
Subject’s major customers are manufacturers of fabrics
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
Settlements
Purchase
Domestic Purchase
|
Products |
Raw materials |
|
Payment Terms |
T/T, Cash |
Import
|
Products |
Raw materials |
|
Payment Terms |
L/C, T/T |
Domestic Markets
|
Product |
Textile machinery |
|
Selling Terms |
T/T, Cash |
Export
|
Product |
Textile machinery |
|
Selling Terms |
L/C, T/T |
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.
Special Note
Interview Details
|
Name |
Ms. Wang |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.14 |
|
|
1 |
Rs.100.55 |
|
Euro |
1 |
Rs.71.26 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.