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Report No. : |
349811 |
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Report Date : |
20.11.2015 |
IDENTIFICATION DETAILS
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Name : |
PEI CHEN CORPORATION |
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Formerly Known As : |
HUANG KUAN CO., LTD. |
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Registered Office : |
No.26, Wucyuan 6th Rd., Wugu Dist., New
Taipei City 248, Taiwan (R.O.C.) |
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Country : |
Taiwan |
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Date of Incorporation : |
16.03.1991 |
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Com. Reg. No.: |
86017536 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacturing and Sales of Tea and Related
Products. |
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No. of Employees : |
About 100 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 : |
No Complaints |
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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: |
Pei Chen Corporation |
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Supplied Name: |
PEI CHEN CORPORATION nf |
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Trading Address: |
No.26, Wucyuan 6th Rd., Wugu Dist., New
Taipei City 248, Taiwan (R.O.C.) |
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Supplied Address: |
NO. 26, WUCYUAN 6TH ROAD, WUGU
TOWNSHIP,TAIPEI COUNTY 248, |
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Telephone Number: |
+886-2-2299-2629 |
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Fax Number: |
+886-2-2298-8028 |
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E-mail: |
Notes: The exact name and address are as above.
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Registered Name: |
Pei Chen Corporation |
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Registered Address: |
No.26, Wucyuan 6th Rd., Wugu Dist., New
Taipei City 248, Taiwan (R.O.C.) |
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Date of Foundation: |
1991-03-16 |
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Registration Number: |
86017536 |
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Registry: |
New Taipei City Government |
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Registered Capital: |
NTD 88,000,000 (USD 2,728,000) (As of 2015.11, 1 NTD = 0.031 USD) |
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Paid-up Capital: |
NTD 88,000,000 (USD 2,728,000) |
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Legal Representatives: |
Yichen You |
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Legal Form: |
Joint Stock Company |
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Principal Activities: |
Manufacturing and sales of tea and related
products, etc. |
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Staff: |
About 100 Employees |
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Listed at Stock Exchange: |
No |
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Date of Last Annual Return: |
2015-10-07 |
Subject was incorporated on 1991-03-16 with registered
number 86017536 as Joint Stock
Company in Taiwan.
Change of Name
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Former English Name: |
Huang Kuan Co., Ltd. |
|
Current English Name: |
Pei Chen Corporation |
Factory
|
Address: |
3/F, 4/F, No.26, Wucyuan 6th Rd., Wugu Dist.,
New Taipei City 248, Taiwan (R.O.C.) |
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Date of Registration: |
2008-06-10 |
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Factory Registration Number: |
99718415 |
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Factory Manager: |
Yichen You |
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Status: |
In Production |
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Date of Last Annual Return: |
2008-06-10 |
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Major Products: |
089 Other food |
Major Shareholders
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Name |
Subscription Shares |
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Yichen You |
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4,800,000 |
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Weihua Cai |
3,600,000 |
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Heqin You |
200,000 |
Core Management
Directors
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1 |
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Name |
Yichen You |
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Position |
Chairman of the Board |
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2 |
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Name |
Weihua Cai |
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Position |
Director |
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3 |
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Name |
Heqin You |
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Position |
Director |
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4 |
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Name |
Qiujiang Cai |
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Position |
Supervisor |
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Personnel Structure
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Total Employees |
About 100 Employees |
Offices & Factories
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Headquarters |
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Add |
No.26, Wucyuan 6th Rd., Wugu Dist., New
Taipei City 248, Taiwan (R.O.C.) |
Production Information
Subject is engaged in manufacturing of tea and related products, etc.
Subject has a factory in Taiwan for production.
Subject obtained the certification of ISO 22000, HACCP and ISO 9001.
Purchase Information
The registered activities of subject:
|
Business Code |
Details |
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C111010 |
Manufacturing of tea |
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C199990 |
Manufacturing of other unclassified food |
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F101990 |
Other agriculture, livestock and aquatic products wholesaling |
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F102050 |
Wholesales of tea |
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F102170 |
Wholesale of food and miscellaneous goods |
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F106020 |
Wholesale of daily supplies |
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F106050 |
Manufacturing of pottery and glass ware |
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F113010 |
Machinery wholesaling |
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F113020 |
Wholesales of electrical appliances |
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F121010 |
Food additives wholesaling |
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F199990 |
Other wholesale |
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F201990 |
Other agriculture, livestock and aquatic products retailing |
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F203010 |
Food, grocery and beverage retailing |
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F206020 |
Daily supplies retailing |
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F299990 |
Other retail |
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I501010 |
Designing for products |
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ZZ99999 |
Besides licensed business, all other business items those are not
banned or restricted |
It is introduced that the raw materials for production are purchased
from both home and abroad.
Sales Information
Subject is engaged in sales of tea
and related products, etc.
The major products are bubble loose tea, commercial tea bags, tea presso
tea bag, seasons tea, boutique afternoon tea raw materials, tea presso tea bag,
tea dust, instant powder, smoothie & jelly powder, toppings, the 3D
triangular tea bags, herbal tea, Taiwan fruit jams, etc.
It is introduced that subject can provide OEM services.
Subject’s sales regions include domestic market, Southeast Asia, America
and Europe, etc.
Subject’s major customers are supermarket, café, restaurant and etc.
Import and export right:
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Import right |
Yes |
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Export right |
Yes |
Purchase
Domestic Purchase
|
Products |
Raw materials, etc. |
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Payment Terms |
T/T, Cash, etc. |
Import
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Products |
Raw materials, etc. |
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Payment Terms |
L/C, T/T, etc. |
Sales
Domestic Markets
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Product |
Tea and related products, etc. |
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Selling Terms |
T/T, Cash, etc. |
Export
|
Product |
Tea and related products, etc. |
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Selling Terms |
L/C, T/T, etc. |
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. Liu |
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.11 |
|
|
1 |
Rs.101.03 |
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Euro |
1 |
Rs.70.78 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
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.