|
|
|
MIRA
INFORM REPORT
|
Report No. : |
489979 |
|
Report Date : |
02.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
SHANGHAI SML CO., LTD. |
|
|
|
|
Registered Office : |
No. 68, Jianding Road, Fengjing Town, Jinshan District, Shanghai City |
|
|
|
|
Country : |
China |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
27.06.2006 |
|
|
|
|
Unified Social
Credit Code : |
91310000787878254Q |
|
|
|
|
Legal Form : |
Limited Liabilities Company (Foreign Invested) |
|
|
|
|
Line of Business : |
Subject is mainly engaged in design, manufacture and sales business of
clothing trademark. Its products mainly include woven label, printed label,
printed dress trademark (tag), marking, screen printing, leather mark, hanging
grain, drop plastic products. The company mainly provides garment trademark
products for various clothing items. |
|
|
|
|
No. of Employees : |
1,000 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Exist |
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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
China |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
CHINA - ECONOMIC OVERVIEW
Since the late 1970s, China has moved from a closed, centrally planned
system to a more market-oriented one that plays a major global role. China has
implemented reforms in a gradualist fashion, resulting in efficiency gains that
have contributed to a more than tenfold increase in GDP since 1978. Reforms
began with the phaseout of collectivized agriculture, and expanded to include
the gradual liberalization of prices, fiscal decentralization, increased
autonomy for state enterprises, growth of the private sector, development of
stock markets and a modern banking system, and opening to foreign trade and
investment. China continues to pursue an industrial policy, state support of
key sectors, and a restrictive investment regime. Measured on a purchasing
power parity (PPP) basis that adjusts for price differences, China in 2016
stood as the largest economy in the world, surpassing the US in 2014 for the
first time in modern history. China became the world's largest exporter in
2010, and the largest trading nation in 2013. Still, China's per capita income
is below the world average.
After keeping its currency tightly linked to the US dollar for years,
China in July 2005 moved to an exchange rate system that references a basket of
currencies. From mid-2005 to late 2008, the renminbi appreciated more than 20%
against the US dollar, but the exchange rate remained virtually pegged to the
dollar from the onset of the global financial crisis until June 2010, when
Beijing announced it would allow a resumption of gradual liberalization. From
2013 until early2015, the renminbi (RMB) appreciated roughly 2% against the
dollar, but the exchange rate fell 13% from mid-2015 until end-2016 amid strong
capital outflows in part stemming from the August 2015 official devaluation; in
2017 the RMB resumed appreciating against the dollar – roughly 7% from
end-of-2016 to end-of-2017. From 2013 to 2017, China had one of the fastest
growing economies in the world, averaging slightly more than 7% real growth per
year. In 2015, the People’s Bank of China announced it would continue to
carefully push for full convertibility of the renminbi, after the currency was
accepted as part of the IMF’s special drawing rights basket. However, since
late 2015 the Chinese Government has strengthened capital controls and
oversight of overseas investments to better manage the exchange rate and
maintain financial stability.
The Chinese Government faces numerous economic challenges including: (a)
reducing its high domestic savings rate and correspondingly low domestic
household consumption; (b) managing its high corporate debt burden to maintain
financial stability; (c) controlling off-balance sheet local government debt
used to finance infrastructure stimulus; (d) facilitating higher-wage job
opportunities for the aspiring middle class, including rural migrants and
college graduates, while maintaining competitiveness; (e) dampening speculative
investment in the real estate sector without sharply slowing the economy; (f)
reducing industrial overcapacity; and (g) raising productivity growth rates
through the more efficient allocation of capital and state-support for
innovation. Economic development has progressed further in coastal provinces
than in the interior, and by 2016 more than 169.3 million migrant workers and
their dependents had relocated to urban areas to find work. One consequence of
China’s population control policy known as the “one-child policy” - which was
relaxed in 2016 to permit all families to have two children - is that China is
now one of the most rapidly aging countries in the world. Deterioration in the
environment - notably air pollution, soil erosion, and the steady fall of the
water table, especially in the North - is another long-term problem. China
continues to lose arable land because of erosion and urbanization. The Chinese
Government is seeking to add energy production capacity from sources other than
coal and oil, focusing on natural gas, nuclear, and clean energy development.
In 2016, China ratified the Paris Agreement, a multilateral agreement to combat
climate change, and committed to peak its carbon dioxide emissions between 2025
and 2030.
The government's 13th Five-Year Plan, unveiled in March 2016, emphasizes
the need to increase innovation and boost domestic consumption to make the
economy less dependent on government investment, exports, and heavy industry.
However, China has made more progress on subsidizing innovation than
rebalancing the economy. Beijing has committed to giving the market a more
decisive role in allocating resources, but the Chinese Government’s policies
continue to favor state-owned enterprises and emphasize stability. Chinese
leaders in 2010 pledged to double China’s GDP by 2020, and the 13th Five Year
Plan includes annual economic growth targets of at least 6.5% through 2020 to
achieve that goal. In recent years, China has renewed its support for state-owned
enterprises in sectors considered important to "economic security,"
explicitly looking to foster globally competitive industries. Chinese leaders
also have undermined some market-oriented reforms by reaffirming the “dominant”
role of the state in the economy, a stance that threatens to discourage private
initiative and make the economy less efficient over time. The slight
acceleration in economic growth in 2017—the first such uptick since 2010—gives
Beijing more latitude to pursue its economic reforms, focusing on financial
sector deleveraging and its Supply-Side Structural Reform agenda, first
announced in late 2015.
|
Source
: CIA |
ORDER DETAILS & INVESTIGATION RESULTS
|
- |
Order
Information |
Verification |
|
Name(English) |
SHANGHAI SML CO., LTD |
Correct |
|
Address (English) |
NO.68 JIAN DIANG ROAD, FENG JING TOWN, JIN SHAN DISTRICT, SHANGHAI,
CHINA |
SC's inaccurate factory address. |
ABSTRACT
|
Name (English) |
SHANGHAI SML CO., LTD. |
|
Unified Social Credit Code |
91310000787878254Q |
|
AIC registration No. |
310000400470890 |
|
National Organization Code |
787878254 |
|
Company Status |
Operational |
|
Executive |
Wu Shunliang |
|
Registered Capital |
USD 9,800,000.00 |
|
Date of Establishment |
2006-06-27 |
|
Employee |
1,000 |
|
Company Size |
Large |
|
SIC (China) |
1830,Production of Finery |
|
Import/Export Permit |
Yes |
|
Judicial Records |
12 |
CONTACTS
|
Tel |
(86 21)34308198 |
|
Fax |
(86 21)34308285 |
|
Address |
Floor 9, Hongsong Building, No. 185, Hongjing Road, Minhang District,
Shanghai City(Office) |
|
Address Post code |
201103 |
|
Ownership |
- |
GENERAL COMMENTS
|
RISK ANALYSIS |
|
Established in Jun. 2006 with registered capital of USD 9,800,000.00,
SC is mainly engaged in manufacture and sales business of clothing
trademarks, etc. With a long history, the company has accumulated rich
industrial experience. Its shareholders with strong strength can provide
certain technical and financial support for SC. Currently, the company's
business scale is large and its supply and marketing channels are stable. And
it enjoys high popularity and influence in the industry. According to SC's current financial information, the company's
operating income of 2016 changed slightly from that of 2015, indicating its
business development condition is stable. SC's net profit margin in 2016
decreased over that in 2015, reflecting its profitability is weakened. The
company's turnover of total assets in 2016 decreased over that in 2015 and is
at a low level, showing its operating ability is poor. As of the end of 2016,
SC's liabilities to assets ratio is at a high level, indicating its long-term
solvency is poor. |
REGISTRATION INFORMATION
|
Unified Social Credit Code |
91310000787878254Q |
|
AIC registration No. |
310000400470890 |
|
Date of Establishment |
2006-06-27 |
|
Registered Address |
No. 68, Jianding Road, Fengjing Town, Jinshan District, Shanghai City |
|
Registry |
Administration Bureau of Industry and Commerce – Shanghai City |
|
Legal Representative |
Wu Shunliang |
|
Legal Form |
Limited Liabilities Company (Foreign Invested) |
|
Registered Capital |
USD 9,800,000.00 |
|
Paid-in Capital |
USD 9,800,000.00 |
|
Latest Year of Annual Report |
2016 |
|
Operation duration |
2006-06-27 to 2056-06-26 |
|
Business Scope |
Manufacture of computer brand goods, clothing and textile and
packaging printing machinery products, packaging and decoration printing; Sales of own products. (Any project that needs to be approved by law can only be carried out
after getting approval by relevant authorities.) |
SHAREHOLDER INFORMATION
|
- |
Name |
% Ownership |
Capital Contributed |
Currency |
Investment Way |
Paid-in % |
Country |
|
1 |
WIDE MIND INVESTMENT LIMITED |
52.04 |
5,100,000.00 |
USD |
Capital |
100 |
Hong Kong |
|
2 |
PREFECT CLASSIC INTERNATIONAL LIMITED |
47.96 |
4,700,000.00 |
USD |
Capital |
100 |
Hong Kong |
|
Total |
|
100.0 |
9,800,000 |
|
|
|
|
ENTITY SHAREHOLDER
|
Name (English) |
WIDE MIND INVESTMENT LIMITED |
|
Country |
Hong Kong |
|
Registration No. |
0931515 |
|
Date of Establishment |
2004-11-03 |
|
Status |
Operational |
|
Name (English) |
PREFECT CLASSIC INTERNATIONAL LIMITED |
|
Country |
Hong Kong |
|
Registration No. |
0230565 |
|
Date of Establishment |
1988-10-18 |
|
Status |
Operational |
ULTIMATE HOLDING
|
- |
Ultimate Shareholder |
Investment Way |
|
1 |
WIDE MIND
INVESTMENT LIMITED |
Capital |
|
English Name |
WIDE MIND INVESTMENT LIMITED |
|
Country |
Hong Kong |
|
Type |
Legal entity shareholder |
|
Investment Way |
Capital |
|
Note |
WIDE MIND INVESTMENT LIMITED -->52.04% SHANGHAI SML CO., LTD. |
BRANCHES
No branch information of subject is searched from database.
INVESTMENT IN OTHER COMPANIES
|
- |
Name |
License Status |
Share Holding |
Currency |
% Ownership |
|
1 |
Jiangsu
SML&CF Co., Ltd. |
Operational |
22,750,000.00 |
CNY |
65 |
|
Name (English) |
Jiangsu SML&CF Co., Ltd. |
|
Unified Social Credit Code |
91320413338878339X |
|
License Status |
Operational |
|
Registration No. |
320482000126660 |
|
Name Of Legal Representative |
Wu Shunliang |
|
Legal Form |
Limited Liabilities Company |
|
Country |
China |
|
Registered Capital |
CNY 35,000,000.00 |
|
Type |
Subsidiary |
|
Date of Establishment |
2015-05-04 |
|
Share Holding |
22,750,000.00 |
|
Currency |
CNY |
|
Way of Investment |
Capital |
|
% Ownership |
65 |
MANAGEMENT
|
Name |
Wu Shunliang |
|
Position |
Chairman |
INVOLVEMENT IN OTHER COMPANIES
|
- |
Name (English) |
License Status |
Legal Representative |
Position |
Type of Engagement |
|
1 |
Jiangsu
SML&CF Co., Ltd. |
Operational |
YES |
Chairman |
Directorship |
|
2 |
Shanghai
Hualilai Special Fiber Co., Ltd. |
Operational |
YES |
Chairman |
Directorship |
|
Name (English) |
Jiangsu SML&CF Co., Ltd. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wu Shunliang |
|
Registered Capital |
CNY 35,000,000.00 |
|
Country |
China |
|
Registration No. |
320482000126660 |
|
Unified Social Credit Code |
91320413338878339X |
|
Legal Form |
Limited Liabilities Company |
|
Position |
Chairman |
|
Date of Establishment |
2015-05-04 |
|
Name (English) |
Shanghai Hualilai Special Fiber Co., Ltd. |
|
License Status |
Operational |
|
Name Of Legal Representative |
Wu Shunliang |
|
Registered Capital |
USD 12,000,000.00 |
|
Country |
China |
|
Registration No. |
310000400415117 |
|
Unified Social Credit Code |
91310000769447733F |
|
Legal Form |
Limited Liabilities Company (Foreign Invested) |
|
Position |
Chairman |
|
Date of Establishment |
2005-02-24 |
MANAGEMENT
|
- |
Name |
Position |
Gender |
|
1 |
Wu Shunliang |
Chairman |
- |
|
2 |
Liang Ruichen |
Director and general manager |
- |
DIRECTORS AND SUPERVISORS
|
- |
Name |
Position |
Gender |
|
1 |
Wu Shunliang |
Chairman |
- |
|
2 |
Cheng Jinde |
Vice Chairman |
- |
|
3 |
Chen Deliang |
Director |
- |
|
4 |
Mai Zhancheng |
Supervisor |
- |
|
5 |
JUDICIAL
INFORMATION
As of the reporting date, no related record about subject is found
through below sources:
A. Website of China Court Organization;
B. Websites of local courts of subject's location;
C. Websites of major domestic courts;
D. Judicial information of database.
SUBJECT AS EXECUTED PARTY
As of the reporting date, through website of China Court Organization,
websites of local courts of subject's location, websites of major domestic
courts and judicial information of database, the total amount executed against
subject is CNY 206,284.53.
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
Execution Court |
People’s Court of Putuo District, Shanghai City |
|
Court Type |
Basic People's Court |
|
File No. |
(2014) PU Zhi Zi 02533 |
|
File Date |
2014-06-13 |
|
Status |
Closed |
|
Execution |
191,153.53 |
|
Value |
191,153.53 |
|
Currency |
CNY |
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
Execution Court |
People’s Court of Jinshan District, Shanghai City |
|
Court Type |
Basic People's Court |
|
File No. |
(2009) JIN Zhi Zi 00085 |
|
File Date |
2008-12-29 |
|
Status |
Closed |
|
Execution |
15,131.00 |
|
Value |
15,131.00 |
|
Currency |
CNY |
CIVIL & COMMERCIAL TRIAL PROCESS
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
File No. |
(2017) HU 0116 Min Chu 9466 |
|
Position |
Plaintiff |
|
Hearing Court |
People’s Court of Jinshan District, Shanghai City |
|
Date Type |
Trial Date |
|
Date |
2017-09-29 |
|
Cause |
Labor dispute |
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
File No. |
(2017) HU 0116 Min Chu 9466 |
|
Position |
Plaintiff |
|
Hearing Court |
People’s Court of Jinshan District, Shanghai City |
|
Date Type |
Trial Date |
|
Date |
2017-08-28 |
|
Cause |
Labor dispute |
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
File No. |
(2017) HU 0116 Min Chu 9466 |
|
Position |
Plaintiff |
|
Hearing Court |
People’s Court of Jinshan District, Shanghai City |
|
Date Type |
Trial Date |
|
Date |
2017-08-09 |
|
Cause |
Labor dispute |
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
File No. |
(2016) HU 0116 Min Chu 10310 |
|
Position |
Defendant |
|
Hearing Court |
People’s Court of Jinshan District, Shanghai City |
|
Date Type |
Trial Date |
|
Date |
2017-03-08 |
|
Cause |
Labor dispute |
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
File No. |
(2016) HU 0116 Min Chu 10310 |
|
Position |
Defendant |
|
Hearing Court |
People’s Court of Jinshan District, Shanghai City |
|
Date Type |
Trial Date |
|
Date |
2017-02-28 |
|
Cause |
Labor dispute |
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
File No. |
(2016) HU 0116 Min Chu 10310 |
|
Position |
Defendant |
|
Hearing Court |
People’s Court of Jinshan District, Shanghai City |
|
Date Type |
Trial Date |
|
Date |
2016-11-28 |
|
Cause |
Labor dispute |
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
Position |
Defendant |
|
Hearing Court |
People’s Court of Jinshan District, Shanghai City |
|
Date Type |
Trial Date |
|
Date |
2016-11-28 |
|
Cause |
Labor dispute |
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
File No. |
(2013) JIN Min Yi (Min) Chu Zi 3020 |
|
Position |
Defendant |
|
Hearing Court |
People’s Court of Jinshan District, Shanghai City |
|
Date Type |
Trial Date |
|
Date |
2013-09-03 |
|
Cause |
Motor vehicle traffic accident liability dispute |
CIVIL & COMMERCIAL JUDGMENT DOCUMENT
|
Name |
SHANGHAI SML CO., LTD. |
|
File No. |
(2017) HU 0116 Min Chu 9466 |
|
Hearing Court |
People’s Court of Jinshan District, Shanghai City |
|
Court Type |
Basic People's Court |
|
Cause of Action |
Labor dispute |
|
Value |
60,570.4700 |
|
Position |
Plaintiff |
|
Date of Closing |
2017-09-29 |
|
Name |
SHANGHAI SML CO., LTD. |
|
Government ID. / AIC Registration No. |
310000400470890 |
|
File No. |
(2017) HU 01 Min Zhong 6900 |
|
Hearing Court |
First Intermediate People’s Court of Shanghai City |
|
Court Type |
First Intermediate People’s Court |
|
Cause of Action |
Labor dispute |
|
Value |
0 |
|
Position |
Appellee |
|
Date of Closing |
2017-07-26 |
ADMINISTRATIVE ILLEGAL RECORDS
As of the reporting date, no related record about subject is found
through below sources:
A. Website of China Court Organization;
B. Websites of local courts of subject's location;
C. Websites of major domestic courts;
D. Judicial information of database.
OPERATION & TRENDS
|
Main Business |
Manufacture and sales of clothing trademark, etc. |
|
Products & Service |
SC is mainly engaged in design, manufacture and sales business of
clothing trademark, etc. Its products mainly include woven label, printed
label, printed dress trademark (tag), marking, screen printing, leather mark,
hanging grain, drop plastic products, etc. The company mainly provides
garment trademark products for various clothing items. |
|
OTHER INFORMATION |
SC has got ISO9001 system authentication and has got EU eco-textile
standard OKO-TEX STANDARD 100 environmental protection certification. |
OPERATION FACILITIES
|
Business Address |
Floor 9, Hongsong Building, No. 185, Hongjing Road, Minhang District,
Shanghai City(Office) |
|
Tel |
(86 21)34308198 |
|
Fax |
(86 21)34308285 |
|
Post code |
201103 |
|
Environment |
Urban Area |
|
Ownership |
- |
|
Traffic Condition |
Convenient |
|
Business Address |
No. 68, Jianding Road, Fengjing Town, Jinshan District, Shanghai
City(Factory) |
|
Post code |
201502 |
|
Ownership |
- |
|
Traffic Condition |
Convenient |
|
Region |
Products |
Customer Type |
Number of Customers |
Payment Terms |
Region |
Percentage |
|
|
Domestic |
Clothing trademarks, etc. |
Garment factories, trading companies, etc. |
More than 20 |
Credit payment, prompt payment |
All over China |
80 |
|
|
International |
Clothing trademarks, etc. |
Traders, etc. |
More than 10 |
L/C, T/T |
Europe, America, Asia and the Middle East,
etc. |
20 |
|
|
OTHER INFORMATION |
SC's products are sold to both domestic market and international
market. Its domestic market covers all over China and its international
market is concentrated in Kampuchea, Hong Kong, Bangladesh, Indonesia,
Vietnam, etc. Its products are mainly sold to garment factories, trading
companies, etc. Currently, the company has accumulated certain customer
resources. |
||||||
MAJOR CUSTOMERS
|
- |
Name |
Legal Form |
Country |
|
1 |
DONGGUAN YISHION GROUP CO., LTD. |
Limited Liabilities Company |
China |
|
2 |
Goldlion (China) Co., Ltd. |
Limited Liabilities Company (Foreign
Invested) |
China |
|
3 |
K-boxing Men's Wear Co., Ltd. |
Shares Limited Company (Unlisted) |
China |
|
4 |
Li-ning (China) Sports Goods Co., Ltd. |
Limited Liabilities Company (Foreign
Invested) |
China |
|
5 |
SHANGHAI METERSBONWE FASHION &
ACCESSORIES CO., LTD. |
Shares Limited Company (Public Listed) |
China |
|
6 |
Xiamen Dancing Wolves Apparel Co., Ltd. |
Limited Liabilities Company |
China |
|
Name (English) |
DONGGUAN YISHION GROUP CO., LTD. |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company |
|
Name (English) |
Goldlion (China) Co., Ltd. |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company (Foreign Invested) |
|
Name (English) |
K-boxing Men's Wear Co., Ltd. |
|
Country |
China |
|
Legal Form |
Shares Limited Company (Unlisted) |
|
Name (English) |
Li-ning (China) Sports Goods Co., Ltd. |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company (Foreign Invested) |
|
Name (English) |
SHANGHAI METERSBONWE FASHION & ACCESSORIES CO., LTD. |
|
Country |
China |
|
Legal Form |
Shares Limited Company (Public Listed) |
|
Name (English) |
Xiamen Dancing Wolves Apparel Co., Ltd. |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company |
PURCHASE INFORMATION
|
Region |
Main Products Purchased |
Number of Suppliers |
Payment Terms |
Region |
Percentage |
|
|
Domestic |
Printing ink, textile material, digital
printing machine, processing equipment, etc. |
More than 10 |
Credit payment, prompt payment |
All over China |
90 |
|
|
International |
Offset machine, printing ink, etc. |
More than 3 |
L/C, T/T |
Asia, Europe and the United States etc. |
10 |
|
|
OTHER INFORMATION |
SC's products are mainly purchased from domestic market and its
domestic purchase market covers all over China. Some are imported from South
Korea, India, Hong Kong, UK, USA etc. Currently, the company has maintained
good cooperation relationship with some suppliers. |
|||||
MAJOR SUPPLIERS
|
- |
Name |
Legal Form |
Country |
|
1 |
Shanghai Huali Electric Control Equipment Co., Ltd. |
Limited Liabilities Company |
China |
|
2 |
SHANGHAI HUAYAN DIGITAL CO., LTD. |
Limited Liabilities Company |
China |
|
3 |
Shanghai Lanchao Catering Management Co., Ltd. |
Limited Liabilities Company |
China |
|
Name (English) |
Shanghai Huali Electric Control Equipment Co., Ltd. |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company |
|
Name (English) |
SHANGHAI HUAYAN DIGITAL CO., LTD. |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company |
|
Name (English) |
Shanghai Lanchao Catering Management Co., Ltd. |
|
Country |
China |
|
Legal Form |
Limited Liabilities Company |
CREDIT RECORDS
|
- |
Supplier Name |
Product Supplied |
Cooperation Period |
Payment History |
|
1 |
SHANGHAI HUAYAN DIGITAL CO., LTD. |
Konica Minolta black-and-white digital
printing machine |
- |
Prompt payment |
|
Name (English) |
SHANGHAI HUAYAN DIGITAL CO., LTD. |
|
Country |
China |
|
Product Supplied |
Konica Minolta black-and-white digital printing machine |
|
Payment History |
Prompt payment |
|
Date of Interview |
2018-01-30 |
|
Name of Interviewee |
Lady (whose name was refused to be disclosed) |
|
Tel |
(86 21) 61679365 |
|
Comment |
ELECTRICITY CONSUMPTION RECORD
No electricity
consumption record of subject can be obtained as the electricity consumer may
not be filed with subject's name.
QUALIFICATIONS
|
- |
Patent Name |
Patent Type |
Status |
Application No. |
Application date |
Classification |
Publication No. |
|
1 |
Double layer
ribbon ultrasonic shearing machine |
Patent for
utility models |
Approved |
CN201720307595.4 |
2017-03-28 |
B26D7/08(2006.01)I;
B26D1/04(2006.01)I; B26D7/32(2006.01)I |
CN206623150U |
|
2 |
The new clothing
to extend the function of water washed and manufacturing method |
Invention |
Published |
CN201710190566.9 |
2017-03-28 |
G06K19/077(2006.01)I;
B32B9/00(2006.01)I; B32B9/04(2006.01)I; B32B27/02(2006.01)I;
B32B27/34(2006.01)I; B32B27/06(2006.01)I; B32B5/02(2006.01)I;
B32B33/00(2006.01)I |
CN107153867A |
|
3 |
The method of
making the tag with RFID label |
Invention |
Published |
CN201710190567.3 |
2017-03-28 |
G09F3/02(2006.01)I;
G06K7/10(2006.01)N; G06K19/077(2006.01)N |
CN107154212A |
|
4 |
Clothing sticker
label with RFID function and its manufacturing method |
Invention |
Published |
CN201710190554.6 |
2017-03-28 |
G06K19/077(2006.01)I |
CN107153866A |
|
5 |
Printing device
with conjoined folding scissors |
Invention |
Published |
CN201610164478.7 |
2016-03-22 |
B41J3/407(2006.01)I;
B41J29/387(2006.01)I; B41J11/00(2006.01)I; B41J29/46(2006.01)I |
CN105691006A |
|
6 |
Synchro polygon
label tape making equipment |
Invention |
Published |
CN201610164505.0 |
2016-03-22 |
B23P23/06(2006.01)I;
B26D7/08(2006.01)I |
CN105773172A |
|
7 |
Multi type
ultrasonic shear band device |
Patent for
utility models |
Approved |
CN201620008977.2 |
2016-01-05 |
B26D7/08(2006.01)I |
CN205989372U |
|
8 |
Synchro polygon
label tape making equipment |
Invention |
Published |
CN201610005543.1 |
2016-01-05 |
B23P23/06(2006.01)I;
B26D7/08(2006.01)I |
CN105458728A |
|
9 |
Printing device
with conjoined folding scissors |
Invention |
Published |
CN201610005492.2 |
2016-01-05 |
B41J3/44(2006.01)I;
B41J11/00(2006.01)I; B41J11/04(2006.01)I; B41J11/66(2006.01)I;
B41J29/46(2006.01)I |
CN105479951A |
|
10 |
Clothing label |
Patent for
utility models |
Approved |
CN201521070468.4 |
2015-12-19 |
G09F3/02(2006.01)I;
G09F3/14(2006.01)I |
CN205354518U |
|
11 |
Loom electronic
coiling controller |
Patent for
utility models |
Approved |
CN201521070489.6 |
2015-12-19 |
D03D49/20(2006.01)I;
D03D51/12(2006.01)I |
CN205347691U |
|
12 |
Multi function
clothing tag and its preparation method |
Invention |
Published |
CN201510951398.1 |
2015-12-19 |
D21H27/30(2006.01)I;
D21H11/00(2006.01)I; D21H17/66(2006.01)I; D21H17/00(2006.01)I;
D21H17/37(2006.01)I; D21H17/02(2006.01)I; D21H17/20(2006.01)I;
D21H21/14(2006.01)I; D21H21/10(2006.01)I; D21H21/40(2006.01)I;
D21H21/36(2006.01)I; B32B29/00(2006.01)I; B32B37/06(2006.01)I;
C09D11/50(2014.01)I; G09F3/02(2006.01)I |
CN106894295A |
|
13 |
Anti fake
clothing tag and its preparation method |
Invention |
Published |
CN201510951400.5 |
2015-12-19 |
D21H27/00(2006.01)I;
D21H11/00(2006.01)I; D21H17/66(2006.01)I; D21H17/00(2006.01)I;
D21H17/37(2006.01)I; D21H17/02(2006.01)I; D21H17/20(2006.01)I;
D21H21/14(2006.01)I; D21H21/10(2006.01)I; D21H21/40(2006.01)I;
D21H21/36(2006.01)I; C09D11/50(2014.01)I; G09F3/02(2006.01)I |
CN106894288A |
|
14 |
A semi automatic
barge used for the production of knitted standard |
Patent for
utility models |
Approved |
CN201521051985.7 |
2015-12-15 |
G05G1/32(2008.04)I |
CN205353834U |
|
15 |
Data input
module |
Patent for
utility models |
Approved |
CN201521046851.6 |
2015-12-15 |
H03K19/0175(2006.01)I |
CN205356297U |
|
16 |
RFID label
folding machine |
Patent for
utility models |
Approved |
CN201521046891.0 |
2015-12-15 |
B65H45/107(2006.01)I;
B65H45/109(2006.01)I |
CN205346468U |
|
17 |
Pressure adding
machine |
Patent for
utility models |
Approved |
CN201521046842.7 |
2015-12-15 |
B32B37/06(2006.01)I;
B32B37/10(2006.01)I |
CN205344029U |
|
18 |
Printing ink
drying device |
Patent for
utility models |
Approved |
CN201521051972.X |
2015-12-15 |
B41F23/04(2006.01)I |
CN205344099U |
|
19 |
Environment-friendly
pneumatic flatting machine |
Patent for
utility models |
Approved |
CN201521052040.7 |
2015-12-15 |
B32B37/10(2006.01)I |
CN205344038U |
|
20 |
Handmade mounted
auxiliary alignment tool |
Patent for
utility models |
Approved |
CN201521046727.X |
2015-12-15 |
B44C7/02(2006.01)I |
CN205344296U |
Note: Maximum 20
records are showed for the client’s reference.
COPYRIGHT
|
- |
Copyright
Information |
File No. |
Classification |
|
1 |
Procurement
application system |
2015SR261226 |
30106-0000 |
|
2 |
Tesco project
data acquisition and analysis software |
2015SR250639 |
30301-0000 |
|
3 |
M$S project data
acquisition and analysis tool software |
2015SR250636 |
30301-0000 |
|
4 |
Raw material
ordering system |
2015SR250620 |
30309-0000 |
|
5 |
Target project
data acquisition and analysis software |
2015SR250616 |
30106-0000 |
|
6 |
Leave management
system |
2015SR250603 |
30309-0000 |
|
7 |
Business cost
management system |
2015SR250601 |
30106-0000 |
|
8 |
CDC project data
acquisition and analysis tool software |
2015SR250597 |
30106-0000 |
AUTHENTICATION
INFORMATION
|
- |
Certificate
Category |
Certificate No. |
Issue Date |
Expire Date |
Status |
|
1 |
Quality
management system certification (ISO9000) |
111706005 |
2017-06-29 |
2020-06-28 |
effective |
|
2 |
Environmental
management system certification |
CN10/20919 |
2016-09-25 |
2018-09-15 |
effective |
|
3 |
Quality
management system certification (ISO9000) |
CN02/00343 |
2014-06-27 |
2017-06-26 |
Revoke |
|
4 |
Forest
certification FSC |
SGSHK-COC-005286 |
2012-03-28 |
2013-10-06 |
Cancellation |
|
5 |
Certification of
corporate social responsibility management system |
HK10/00350 |
2010-10-11 |
2013-10-11 |
Expiry failure |
|
6 |
Forest
certification FSC |
SGS-COC-005286 |
2008-10-07 |
2013-10-06 |
Cancellation |
EXPORT/IMPORT PERMIT
|
EXPORT/IMPORT
PERMIT |
Yes |
|
|
||||||||||||||
|
|
||||||||||||||||
|
|
||||||||||||||||
|
|
||||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||||
|
|
||||||||||||||||
|
|
||||||||||||||||
|
Employee Number |
1,000 |
|
OTHER
INFORMATION |
The above
information was confirmed by SC's staff. |
ADMINISTRATIVE INFORMATION
ADMINISTRATIVE
LICENSES & IDENTIFICATIONS
|
- |
License No. |
License Name |
|
1 |
Jin Ren She Gong
Shi Shen 2015 No. 0200 |
The decision to
grant the enterprise to implement the other working time system |
|
2 |
Jin Ren She Gong
Shi Shen 2017 No. 0314 |
The decision to
grant the enterprise to implement the other working time system |
|
License No. |
Jin Ren She Gong
Shi Shen 2015 No. 0200 |
|
License Name |
The decision to
grant the enterprise to implement the other working time system |
|
Issuing date |
2015-06-01 |
|
Expire date |
2016-05-31 |
|
Issuing party |
Human Resources
and Social Security Bureau - Jinshan District |
|
License Content |
Agree on
carrying out work system with integrative computation of work hours. |
|
License No. |
Jin Ren She Gong
Shi Shen 2017 No. 0314 |
|
License Name |
The decision to
grant the enterprise to implement the other working time system |
|
Issuing date |
2017-06-01 |
|
Expire date |
2018-05-31 |
|
Issuing party |
Human Resources
and Social Security Bureau - Jinshan District |
|
License Content |
Agree on
carrying out work system with integrative computation of work hours. |
ABNORMAL TAX PAYER
As of the
reporting date, no related record about subject is found through below sources:
A. Website of Tax
Bureau of China;
B. Website of
local Tax Bureau of subject's location;
C. Taxpayer information
of database.
TAX ARREARS LIST
As of the
reporting date, no related record about subject is found through below sources:
A. Website of Tax
Bureau of China;
B. Website of
local Tax Bureau of subject's location;
C. Taxpayer
information of database.
As of the
reporting date, no related record about subject is found through below sources:
A. Major
telecommunication operators of China;
B.
Telecommunication information of database.
FINANCIAL INFORMATION
DETAILED FINANCIAL INFORMATION (UNIT: CNY 1,000)
Financial Note: Due to the lack of a clear government policy regarding
the transparency of enterprise financial information, some financial items
might be missing in the financial statements, causing possible inequality
between the sum of the provided items and the provided total numbers.
|
Assets |
|
|
|
Year |
2015-12-31 |
2016-12-31 |
|
Report Type |
Annual Report |
Annual Report |
|
Statement Type |
Individual |
Individual |
|
Source |
AIC |
AIC |
|
Audited or Not |
Unknown |
Unknown |
|
Total Assets |
558,110 |
593,200 |
|
Liabilities |
|
|
|
Year |
2015-12-31 |
2016-12-31 |
|
Total Liabilities |
177,880 |
484,140 |
|
Total Owner’s Equity |
380,230 |
109,060 |
|
Total Liabilities and Owner's Equity |
558,110 |
593,200 |
|
Income Statement |
|
|
|
Year |
2015-12-31 |
2016-12-31 |
|
Operating Income |
451,730 |
449,890 |
|
Total Profit |
66,580 |
43,650 |
|
Income Tax |
15,450 |
6,940 |
|
Net Profit |
51,130 |
36,710 |
GROWTH RATE OF MAJOR
FINANCIAL
|
|
2015 |
Growth(%) |
2016 |
|
Operating Income |
451,730 |
-0.41 |
449,890 |
|
Total Assets |
558,110 |
6.29 |
593,200 |
|
Total Profit |
66,580 |
-34.44 |
43,650 |
|
Net Profit |
51,130 |
-28.20 |
36,710 |
|
Total Liabilities |
177,880 |
172.17 |
484,140 |
|
Total Owner’s Equity |
380,230 |
-71.32 |
109,060 |
IMPORTANT RATIO
|
Profitability |
2015 |
2016 |
|
Return on net
assets (%) |
13.45 |
33.66 |
|
Return on total
assets (%) |
9.16 |
6.19 |
|
Net profit
margin (%) |
11.32 |
8.16 |
|
Operation
capacity |
2015 |
2016 |
|
Turnover of
total assets |
0.81 |
0.76 |
|
Solvency |
2015 |
2016 |
|
Liabilities to
assets ratio (%) |
31.87 |
81.61 |
|
Development
capacity |
2015 |
2016 |
|
Yearly Growth of
Operating Income (%) |
- |
-0.41 |
|
Yearly growth of
total assets (%) |
- |
6.29 |
FINANCIALS &
ANALYSIS
|
Financial Note |
Subject’s
detailed financial information of 2015 and 2016 is unavailable through all
available channels. Subject’s staff was contacted but declined to provide
relevant financial information. Hence only subject’s financial summaries of
2015 and 2016 obtained from AIC source are provided for client’s reference. |
INDUSTRY INFORMATION
|
SIC (China) |
1830,Production of Finery 【Major】 |
|
ISIC |
1410,Manufacture of wearing apparel, except fur apparel |
|
NACE |
14.1,Manufacture of wearing apparel, except fur apparel |
|
- |
2015 |
Subject |
Best(10%) |
Average |
Worst(10%) |
|
Solvency |
Liabilities to Assets Ratio (%) |
31.87 |
45 |
54 |
76.50 |
|
Current ratio |
- |
2.71 |
1.44 |
0.84 |
|
|
Quick ratio |
- |
1.70 |
0.91 |
0.53 |
|
|
Development Capacity |
Yearly Growth of Operating Income (%) |
- |
31.14 |
5.94 |
-11.07 |
|
Yearly Growth of Gross Profit (%) |
- |
19.49 |
2.02 |
-21.96 |
|
|
Yearly Growth of Total Assets (%) |
- |
23.07 |
1.46 |
-16.83 |
|
|
Profitability |
Return on net assets (%) |
13.45 |
15.68 |
5.49 |
-7.92 |
|
Return on total assets (%) |
9.16 |
11.76 |
3.70 |
-2.25 |
|
|
Gross profit margin (%) |
- |
25.42 |
10.19 |
-3.06 |
|
|
Operation Capacity |
Turnover of total assets |
0.81 |
2.80 |
0.90 |
0.22 |
|
Turnover of current assets |
- |
3.70 |
1.57 |
0.45 |
|
|
Turnover days of account receivable |
- |
12.75 |
32.72 |
63.53 |
|
- |
2016 |
Subject |
Best(10%) |
Average |
Worst(10%) |
|
Solvency |
Liabilities to Assets Ratio (%) |
81.61 |
46.35 |
52.92 |
78.03 |
|
Current ratio |
- |
2.79 |
1.42 |
0.86 |
|
|
Quick ratio |
- |
1.75 |
0.89 |
0.54 |
|
|
Development Capacity |
Yearly Growth of Operating Income (%) |
-0.41 |
32.07 |
5.82 |
-11.29 |
|
Yearly Growth of Gross Profit (%) |
- |
20.07 |
1.98 |
-22.40 |
|
|
Yearly Growth of Total Assets (%) |
6.29 |
23.76 |
1.43 |
-17.17 |
|
|
Profitability |
Return on net assets (%) |
33.66 |
16.15 |
5.38 |
-8.08 |
|
Return on total assets (%) |
6.19 |
12.11 |
3.62 |
-2.29 |
|
|
Gross profit margin (%) |
- |
26.19 |
9.99 |
-3.12 |
|
|
Operation Capacity |
Turnover of total assets |
0.76 |
2.88 |
0.88 |
0.23 |
|
Turnover of current assets |
- |
3.81 |
1.54 |
0.46 |
|
|
Turnover days of account receivable |
- |
13.14 |
32.07 |
64.80 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.61 |
|
|
1 |
INR 89.32 |
|
Euro |
1 |
INR 78.95 |
|
CNY |
1 |
INR 10.19 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
SYL |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.