- Delivery Date: Apr 28 2020
Last Update Date: Apr 28 2020 - Subscriber No: 735000006
Ticket key :202004287357352196
Reference: D&B Alert_½DTaitra DRS¿¤Ñ╬
MORETHANALL CO., LTD.
ACTIVE SINGLE LOCATION
| Company Name(CHN): | 煜倫股份有限公司 |
| Address: | 8F, No. 659-2, Zhongzheng Rd., Xinzhuang Dist., New Taipei City, 24257, Taiwan (R.O.C.) |
| Tel: | (+886) 2 29082428 |
| DUNS: | 65-868-7368 |
Identification
- 80468885
- (+886) 2 29082429
- www.morethanall.com
Summary
- 2003
- 2003
- A private company limited by shares
- Incomplete
- Wholesaler & Design of electronic connectors
- 5065-0305
- 10 (Total)
- No
- Yes
- Chung Sui Liang President
Currency
All monetary amounts quoted in this report are shown in NEW TAIWAN DOLLARS (TWD) unless otherwise stated
8F, No. 659-2, Zhongzheng Rd.
Xinzhuang Dist. New Taipei City
24257,Taiwan (R.O.C.)
Risk Evaluation
| D&B Rating | BB2 |
| Financial Stress Class | 2 |
| Former Rating | BB2 |
| Blacklist | No |
| NSF | No |
| Law Suit(s) | 0 |
| Bidding Right Suspension | No |
Summary
| Payment Record(s) | 1 |
| Paid up Capital | 5,000,000 |
| Current Ratio | N/A |
| Debt to Equity Ratio | N/A |
The World Health Organization declared the novel coronavirus (2019-nCOV) a global emergency on 30 January 2020. As the human cost escalates, the economic cost is becoming ever more evident, and ever more significant, especially in China. As individual businesses and various levels of government take steps to prevent the virus spreading by curtailing travel and movement of people, many companies are already seeing an impact on their business. When conducting investigation research, D&B seeks to understand and report on potential business impacts to the subject business, especially around employees and operations. We also attempt to gauge the general maturity of the risk management policies and procedures of the subject business. Findings from our business research are interleaved with the product you are receiving, with any specific findings noted in the Current Investigation section below.
For further information, please download D&B's recently released Whitepaper which provides our expert commentary on the worldwide business impact of the Coronavirus.
Risk Indicator
- 2
Low Risk (1)
High Risk (4)
Risk Level of the Company is : Low Risk
D&B Rating
BB
Based on net worth
2
Low Risk
Former Rating
BB
2
The Dun & Bradstreet Rating of BB2 indicates:
- Financial Strength of TWD 5,000,000 - 9,999,999 based on Capital
- A Risk Indicator which is Low Risk
The Taiwan Financial Stress (TFS) Model predicts the likelihood of a firm ceasing business without paying all creditors in full, or re-organizing or obtaining relief from creditors over the next 12 months. Scores were calculated using a statistically valid model derived from D&B's extensive data files.
Subject Company
- 72
Low Risk (100)
High Risk (1)
- Financial Stress Percentile : (Highest Risk: 1 ; Lowest Risk: 100) : 72
- Incidence of Financial Stress Among Companies with this Classification: 0.40% (40 per 10,000 cos)
- Incidence of Financial Stress - Taiwan Database Average : 2.10% (210 per 10,000 cos)
Relative Risk
- Lower than Average
Financial Stress Score :
- 1419
(Highest Risk: 1232; Lowest Risk: 1600)
Financial Stress Class
- 2
(Highest Risk: 5; Lowest Risk: 1)
Comparisons
- 60
Low Risk (100)
High Risk (1)
Industry: WHOL ELECTRONIC PARTS/EQUIPMENT
The subject business has a Financial Stress Percentile that shows lower risk than other businesses in the same industry.
- 67
Low Risk (100)
High Risk (1)
Employee Size: 10-19 employees
The subject business has a Financial Stress Percentile that shows lower risk than other businesses in the same employee size range.
- 68
Low Risk (100)
High Risk (1)
Years in Business: 15-19 years
The subject business has a Financial Stress Percentile that shows lower risk than other businesses with a comparable number of the years in business range.
Notes
1. The Financial Stress Class indicates that this company shares some of the same business and financial characteristics of other companies with this classification. It does not mean the firm will necessarily experience financial distress.
2. The Financial Stress Percentile reflects the relative ranking of a company among all scoreable companies in D&B database.
3. The Financial Stress Score offers a more precise measure of the level of risk than the Class and Percentile. It is specially helpful to customers using a scorecard approach to determine overall business.
4. All Financial Stress Class, Percentile, Score and Incidence statistics are based on latest analysis derived from D&B Taiwan database.
Amounts may be rounded to nearest figure in prescribed ranges
Trade Payment Experiences
D&B obtains payment references from local and international suppliers. References listed below may be from either or both sources. Amounts may be rounded to the nearest figure in prescribed ranges.
| Date |
Paying Record |
Currency |
High Credit |
Now Owes |
Past Due |
Payment Terms |
Last Sale |
|---|---|---|---|---|---|---|---|
| Sep 08 2019 | PROMPT |
TWD |
15,000 |
1,000 |
0 |
NET 30 |
Sep 15 2019 |
The above payment record reflects how accounts are paid in relation to the terms granted. SLOW30, for example, indicates a 30 day term where 30 additional days are taken.
In some instances, payment beyond terms can be the result of disputes over merchandise, lost invoices, etc.
D&B Paydex
Paydex is not computable with the current payment information of the company.
Suits
A search conducted in all courts including 1 Supreme Court, 6 High Courts, 20 District Courts, 29 Small Claims Tribunals and 5 Administrative Courts within Taiwan and Fu Chien reveals no court judgment been formed against the subject.
Collateral Records
A search conducted at Ministry of Economic Affairs has revealed no Collateral Record (s) as at present.
Bidding Right Suspension
A search conducted at the Taiwan Governmental Authorities revealed the subject is not prohibited from bidding against Governmental projects currently.
Non-Sufficient Fund & Blacklist
The following bounced checks/blacklist information is obtained from Taiwan Clearing House
| Search Date: | Apr 28 2020 |
| Record effective until: | Apr 22 2020 |
A search at the Taiwan Clearing House on Apr 28 2020 did not revealed subject as a "classified" account to be prohibited from operating check account in Taiwan.
Management Summary
On Apr 27 2020, Lee, Ching Yi, Specialist confirmed operational and historical data in this report.
Business Registration
Subject is a private company limited by shares which was registered in Taiwan on Aug 22 2003 under business registration number 80468885. Business was established in 2003.
Special Events
| Authorized Capital: | $5,000,000. |
| Paid up Capital: | $5,000,000 as of Apr 27 2020. |
Change in Shareholder Structurer
| Shareholders | Number of shares |
%Shares |
|
|---|---|---|---|
| Chung, Sui Liang | 100,000 | 20.00 | |
| Hu Wang, Mei Yu | 75,000 | 15.00 | |
| Chung, Hsiu E | 37,500 | 7.50 | |
| Others | 287,500 | 57.50 | |
| Total | 100.00 |
Additional Comments
A search at the Bureau of Foreign Trade and Department of Commerce on Apr 27 2020 confirmed the above registration and capital details.
| Name: | CHUNG, SUI LIANG |
| Title: | President |
| Gender: | male |
| Active in Operation: | Yes |
Line of Business
Wholesaler & Design of electronic connectors
Sales Territory
Local & International
| Local: | 20% |
| International: | 80% |
Purchases
Local
| Local: | 100% |
Export/Import value range
Following are the subject's annual export/import value range records posted by the Bureau of Foreign Trade, R.O.C
| Year | 2017 | 2018 |
|---|---|---|
| Actual export value range: | I | I |
| Actual import value range: | L | M |
* Please refer to the "Appendix" at the bottom of this report for the table of value ranges.
Purchasing and Selling Terms
| Purchasing Terms: | T/T |
| Selling Terms: | T/T |
Employees
| Number of Employees: | 10 (Total) |
Subject is located in a residential/commercial area. Subject owns premises, used as its office..
Industry Median
| Particulars | 2016 | 2017 | 2018 |
|---|---|---|---|
| Total Debt/Equity Ratio | 0.75 | 0.8 | 0.83 |
| Debt Ratio | 0.42 | 0.435 | 0.45 |
| Long Term Funds to Fixed Assets (%) | 418.32 | 430.955 | 405.94 |
| Current Ratio | 1.93 | 1.895 | 1.79 |
| Quick Ratio | 1.49 | 1.445 | 1.37 |
| Accounts Receivable Turnover (Times) | 4.77 | 4.815 | 4.58 |
| Days Sales Outstanding (Days) | 75.16 | 72.88 | 78 |
| Average Inventory turnover (times) | 5.39 | 4.915 | 5.26 |
| Average Days to Sell Inventory (Days) | 65.22 | 67.19 | 63 |
| Fixed Assets Turnover (Times) | 6.47 | 6.77 | 6.5 |
| Total Asset Turnover (Times) | 0.95 | 0.95 | 1 |
| Return on Assets | 2.48 | 2.605 | 3.08 |
| Return on Equity | 5.26 | 5.54 | 7.12 |
| Earnings Per Share (NTD) | 0.95 | 0.85 | 1.3 |
Note: Industry median is calculated by using the data from 223 public companies' within the same industry as the subject.
Financial HighLights / Partial Estimates
Partial Estimates
Financial highlights of the company for the period Jan 01 2019 to Dec 31 2019 were as follows:
| Amount (Thousands) |
|
|---|---|
| Sales | 60,000 |
D&B Rating
The D&B rating of BB2 indicates a tangible net worth over TWD 5,000,000 - 9,999,999 and an overall credit condition which is considered Low Risk.
D&B Rating Table: Taiwan
*Financial Strength In: New Taiwan Dollars
Financial Strength Based On:Tangible Net Worth or Capital
| Financial Strength Indicators: | Range |
|---|
| Networth | Capital | From | To |
|---|---|---|---|
| 5A | 5AA | $ 1,500,000,000 | And Above |
| 4A | 4AA | $ 250,000,000 | $ 1,499,999,999 |
| 3A | 3AA | $ 25,000,000 | $ 249,999,999 |
| 2A | 2AA | $ 20,000,000 | $ 24,999,999 |
| 1A | 1AA | $ 15,000,000 | $ 19,999,999 |
| A | AA | $ 10,000,000 | $ 14,999,999 |
| B | BB | $ 5,000,000 | $ 9,999,999 |
| C | CC | $ 3,000,000 | $ 4,999,999 |
| D | DD | $ 2,000,000 | $ 2,999,999 |
| E | EE | $ 1,000,000 | $ 1,999,999 |
| F | FF | $ 750,000 | $ 999,999 |
| G | GG | $ 500,000 | $ 749,999 |
| H | HH | $ 0 | $ 499,999 |
| Alternate Ratings Used | |
|---|---|
| N | Financial Strength is negative |
| O | Financial Strength is undisclosed |
| NB | New Business: Less than 24 months |
| NQ | Out of Business: Business has ceased to trade |
| BR | Branch or division location |
| DS | Indicates that only brief partial information is currently available on the company, and a full investigation will be conducted once an enquiry is placed |
| INV | Indicates that D&B is currently conducting an investigation to gather the most current details |
Composite Conditions
1 Minimal risk
2 Low risk
3 Risk slightly higher than average
4 High risk
- Undetermined risk
Taiwan Financial Stress Model
The Financial Stress model assigns three measurements of risk:
1. A "Class" of 1 - 5,which is a segmentation of the scoreable universe into five distinct risk groups where a one (1) represents businesses that have the lowest probability of financial stress, and a five (5) represents businesses with the highest probability of financial stress. This Class enables a customer to quickly segment their new and existing accounts into various risk segments to determine appropriate marketing or credit policies.
2. A "Percentile" of 1 - 100,where a 1 represents businesses that have the highest probability of financial stress, and a 100 which represents businesses with the lowest probability of financial stress. This Percentile shows you where a company falls among businesses in the D&B database, and is most effectively used by customers to rank order their portfolios from highest to lowest risk of business failure.
3. A "Financial Stress Score" of 1,232 - 1,600,where a 1,232 represents businesses that have the highest probability of financial stress, and a 1,600 which represents businesses with the lowest probability of financial stress. As this score is derived directly from the scorecard, it offers a more precise measure of the level of risk than any other measurements of risk as it shows the exact score from the scoring algorithm. The D&B Financial Stress Score is especially useful to customers using computerized decision systems to determine overall business performance.
Export/Import Value Range Table
| A | 10 USD million & up |
| B | 9~10 USD million |
| C | 8~9 USD million |
| D | 7~8 USD million |
| E | 6~7 USD million |
| F | 5~6 USD million |
| G | 4~5 USD million |
| H | 3~4 USD million |
| I | 2~3 USD million |
| J | 1~2 USD million |
| K | 0.5~1 USD million |
| L | 0~0.5 USD million |
| M | 0 |
| Paydex Payment | Rating Manner |
|---|---|
| 100 |
Anticipated |
| 90 |
Discount |
| 80 |
Prompt |
| 70 |
Slow to 15 |
| 50 |
Slow to 30 |
| 40 |
Slow to 60 |
| 30 |
Slow to 90 |
| 20 |
Slow to 120 |
Customer Service
Should you require any further information or have any questions, please contact your local Customer Service Center. Taiwan subscribers please contact:
Dun & Bradstreet Int'l Ltd, Taiwan Branch
13F, 133, Min Sheng E. Rd., Sec. 3, Sung Shan Dist.,
Taipei City, Taiwan R.O.C. 105
Tel: +886 2 8770-7568
Website: www.dnb.com.tw
Inquiries should always contain the below minimum details:
- Full Company Name
- Full Headquarters Address
- Telephone Number
- Business Identification Number
- Contact Name
Confidentiality
CONFIDENTIAL THIS INFORMATION IS PROVIDED BY DUN & BRADSTREET SUBJECT TO THE TERMS AND CONDITIONS OF YOUR SUBSCRIPTION CONTRACT AND IS NOT TO BE DISCLOSED.
© Rights Reserved 2020 Dun & Bradstreet Int'l Ltd, Taiwan Branch. All Rights Reserved. This report, furnished pursuant to contract for the exclusive use of the subscriber as one factor to consider in connection with credit, insurance, marketing or other business decisions, contains information complied from sources which Dun & Bradstreet Int'l Ltd, Taiwan Branch does not control and whole information, unless otherwise indicated in the report, has not been verified. In furnishing this report, Dun & Bradstreet Int'l Ltd, Taiwan Branch in no way assumes any part of the user's business risk, does not guarantee the accuracy, completeness, or timeliness of the information provided, and shall not be liable for any loss or injury whatsoever resulting from contingencies beyond its control or from negligence. The preceding information (data) is for information purposes only and is not the official record of this business (company). Information in this report is based upon existing records in D&B database as of today and may not include information (data) which relates to this company (business) due to possible changes in ownership, control, name or legal status.
COPYRIGHT © 2020 DUN & BRADSTREET INT'L LTD, TAIWAN BRANCH. THIS REPORT MAY NOT BE REPRODUCED IN WHOLE OR IN PART IN ANY FORM OR MANNER WHATSOEVER.