- Delivery Date: Jan 25 2022
Last Update Date: Jan 25 2022 - Subscriber No: 735000006
Ticket key :202201185007350134
Reference: D&B Alert_½DTaitra DRS¿¤Ñ╬
CYSTECH ELECTRONICS CORP.
ACTIVE SINGLE LOCATION
Trading Style: CYSTECH
| Company Name(CHN): | 全宇昕科技股份有限公司 |
| Address: | 15F-7, No. 716, Zhongzhen Rd., Zhonghe Dist., New Taipei City, 235603, Taiwan |
| Tel: | (+886) 2 82273827 |
| DUNS: | 65-865-0809 |
Identification
- 13063718
- (+886) 2 77315510
- www.cystekec.com
Summary
- 2002
- 2002
- A public company limited by shares
- 6651
- Clear
- Manufacture of Discrete Devices
R&D of semiconductor devices
- 3679-0000
5065-0300
8731-9901
7389-1801
- 94 (Total)
- Yes
- Yes
- Lee Jian Qing, Patrick President
Currency
All monetary amounts quoted in this report are shown in NEW TAIWAN DOLLARS (TWD) unless otherwise stated
15F-7, No. 716, Zhongzhen Rd.
Zhonghe Dist. New Taipei City
235603,Taiwan
Risk Evaluation
| D&B Rating | 4A1 |
| Financial Stress Class | 2 |
| Former Rating | 4A2 |
| Blacklist | No |
| NSF | No |
| Law Suit(s) | 0 |
| Bidding Right Suspension | No |
Summary
| Paydex® | 80 |
| Payment Record(s) | 26 |
| Sales | 1,193,172 Thousands 2020 |
| Net Worth | 539,460 Thousands 2020 |
| Paid up Capital | 329,632,220 |
| Current Ratio | 2.14 |
| Debt to Equity Ratio | 0.94 |
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
- 1
Low Risk (1)
High Risk (4)
Risk Level of the Company is : Minimal Risk
D&B Rating
4A
Based on Networth
1
Minimal Risk
Former Rating
4A
Based on Networth
2
Minimal Risk
The Dun & Bradstreet Rating of 4A1 indicates:
- Financial Strength of TWD 250,000,000 - 1,499,999,999 based on Networth
- A Risk Indicator which is Minimal 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
- 92
Low Risk (100)
High Risk (1)
- Financial Stress Percentile : (Highest Risk: 1 ; Lowest Risk: 100) : 92
- 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 :
- 1486
(Highest Risk: 1232; Lowest Risk: 1600)
Financial Stress Class
- 2
(Highest Risk: 5; Lowest Risk: 1)
Comparisons
- 61
Low Risk (100)
High Risk (1)
Industry: MFG ELECTRONIC COMPONENTS
The subject business has a Financial Stress Percentile that shows lower risk than other businesses in the same industry.
- 80
Low Risk (100)
High Risk (1)
Employee Size: 50-99 employees
The subject business has a Financial Stress Percentile that shows lower risk than other businesses in the same employee size range.
- 70
Low Risk (100)
High Risk (1)
Years in Business: 20-49 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.(Max. 100 records displayed)
| Date |
Paying Record |
Currency |
High Credit |
Now Owes |
Past Due |
Payment Terms |
Last Sale |
|---|---|---|---|---|---|---|---|
| Dec 31 2021 | PROMPT |
TWD |
40,000 |
40,000 |
0 |
EOM 90 |
Dec 15 2021 |
| Nov 30 2021 | PROMPT |
TWD |
2,500 |
2,500 |
0 |
EOM 60 |
Nov 15 2021 |
| Nov 30 2021 | PROMPT |
TWD |
25,000 |
20,000 |
0 |
EOM 90 |
Nov 15 2021 |
| Oct 31 2021 | PROMPT |
TWD |
25,000 |
20,000 |
0 |
EOM 90 |
Oct 15 2021 |
| Sep 30 2021 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Sep 11 2021 |
| Sep 30 2021 | PROMPT |
TWD |
25,000 |
10,000 |
0 |
EOM 90 |
Sep 15 2021 |
| Aug 31 2021 | PROMPT |
TWD |
2,500 |
750 |
0 |
EOM 60 |
Aug 15 2021 |
| Aug 31 2021 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Aug 09 2021 |
| Jul 31 2021 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Jul 19 2021 |
| Jun 30 2021 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Jun 28 2021 |
| May 31 2021 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
May 14 2021 |
| May 31 2021 | PROMPT |
TWD |
25,000 |
25,000 |
0 |
EOM 90 |
May 15 2021 |
| Apr 30 2021 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Apr 19 2021 |
| Apr 30 2021 | PROMPT |
TWD |
2,500 |
2,500 |
0 |
EOM 60 |
Apr 15 2021 |
| Mar 31 2021 | PROMPT |
TWD |
5,000 |
5,000 |
0 |
NET 0 |
Mar 22 2021 |
| Jan 31 2021 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Jan 04 2021 |
| Dec 31 2020 | PROMPT |
TWD |
7,500 |
7,500 |
0 |
EOM 90 |
Dec 15 2020 |
| Nov 30 2020 | PROMPT |
TWD |
2,500 |
2,500 |
0 |
EOM 60 |
Nov 15 2020 |
| Nov 30 2020 | PROMPT |
TWD |
5,000 |
5,000 |
0 |
NET 0 |
Nov 13 2020 |
| Jul 31 2020 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Jul 31 2020 |
| Jul 31 2020 | PROMPT |
TWD |
1,000 |
1,000 |
0 |
EOM 60 |
Jul 15 2020 |
| Jun 30 2020 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Jun 26 2020 |
| May 31 2020 | PROMPT |
TWD |
1,000 |
1,000 |
0 |
EOM 60 |
May 15 2020 |
| Apr 30 2020 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Apr 27 2020 |
| Mar 31 2020 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Mar 27 2020 |
| Feb 29 2020 | PROMPT |
TWD |
5,000 |
2,500 |
0 |
NET 0 |
Feb 21 2020 |
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
This Payment section reflects payment information in D&B's file as of Jan 25 2022.
| The Paydex for Cystech Electronics Corp. is: | 80 |
This Paydex indicates that, within the past 12 months, payments to suppliers are generally Payments received within terms granted weighted by TWN dollar amounts.
The Paydex used by Dun&Bradstreet is a computer generated, 1 to 100 dollar-weighted numerical indicator of payment performance as reported to D&B.
Paydex of This Business
- 80
Low Risk (100)
High Risk (1)
- When weighted by value, payments to suppliers average Payments received within terms granted based on payments collected over the last 12 months.
- This business has a same paydex than its industry.
Risk of Slow Payment
- Low Risk
D&B Paydex
- 80
Payment Behaviour
- Payments received within terms granted
Paydex of This Industry
- 80
Low Risk (100)
High Risk (1)
- Median is 80 (Payments received within terms granted)
- Upper Quartile is 80 (Payments received within terms granted)
- Lower Quartile is 77 (5 days beyond terms)
Median:
- Payments received within terms granted
Industry Name:
- MFG ELECTRONIC COMPONENTS
Based On :
- 673 businesses
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
According to TSE Public Observation Post, the subject did not report any bounced checks stem from Non Sufficient Funds in recent one month.
| Search Date: | Jan 19 2022 |
| Record effective until: | Jan 13 2022 |
A search at the Taiwan Clearing House on Jan 19 2022 did not revealed subject as a "classified" account to be prohibited from operating check account in Taiwan.
On Jan 19 2022, the information in this report was obtained from public records and D&B database.
Management Summary
On Jan 22 2022, in view of public company nature, part of information in this report is updated according to its annual report.
Business Registration
Subject is a public company limited by shares which was registered in Taiwan on Apr 10 2002 under business registration number 13063718. Business was established in 2002. Subject is listed on the OTC under the code 6651 with effect from Feb 01 2021.
Registered address and legal representative
| Registered Address: | 15F-7, No. 716, Zhongzheng Rd., Zhonghe Dist., New Taipei City |
| Legal Representative: | Lee, Jian Qing, Patrick |
Special Events
| Authorized Capital: | $600,000,000. |
| Paid up Capital: | $329,632,220 as of Jan 19 2022. |
| Ordinary par value: | $10 |
Change in Shareholder Structurer
| Shareholders | %Shares |
||
|---|---|---|---|
| Lee, Jian Qing, Patrick | 1.52 | ||
| Lee, Xu Hua, Jesse | 5.03 | ||
| Wang, Cheng Huang | 3.88 | ||
| Lai, Shang Cheng | 1.96 | ||
| Others | 87.61 | ||
| Total | 100.00 |
Total Number of Shareholders: 4772.
Included in 'others' above are shareholders each holding less than 10% of equity.
Additional Comments
A search at the New Taipei City Government, Department of Commerce and Bureau of Foreign Trade on Jan 19 2022 confirmed the above registration and capital details.
Key Events
- In Jan 2006, subject was passed the ISO9001:2000 certification
- In Dec 2011, subject was passed the ISO9001:2008 certification
| Name: | LEE, JIAN QING, PATRICK |
| Title: | President |
| Gender: | male |
| Educational Background: | Graduated from National Cheng Kung University |
| Active in Operation: | Yes |
| Name: | LEE, XU HUA, JESSE |
| Title: | General Manager |
| Gender: | male |
| Educational Background: | Graduated from National Taiwan Ocean University |
| Active in Operation: | Yes |
Line of Business
Manufacture of Discrete Devices
(Data source: Fiscal Information Agency, MOF)
R&D of semiconductor devices
Trade Style
| Trading Style: | CYSTECH |
Line of Products and Services
| Line of Products and Services: | Diode 9.20% |
| Transistor 16.04% |
|
| MOSFET 73.28% |
|
| IC 1.48% |
Brand
| Major brands includes: | CYSTECH |
Sales Territory
Local & Other Markets
| Local: | 31.43% |
| Other Markets (Country/Region): | 68.57% |
| Exporting to (Country/Region): | Asia 68.17% |
| Others 0.4% |
Purchases
Local & Other Markets
| Importing From (Country/Region): | Japan |
Export/Import Volume and Rank
The Yearly Import/Export Volume data is obtained from the Bureau of Foreign Trade, MOEA. D&B ranks the volume sequentially with the latest records in this report. Subject cannot be ranked in cases of insufficient information or unqualified rank level.
| Year |
|---|
Export/Import value range
Following are the subject's annual export/import value range records posted by the Bureau of Foreign Trade, MOEA
| Year | 2019 | 2020 |
|---|---|---|
| Actual export value range: | A | A |
| Actual import value range: | A | A |
* Please refer to the "Appendix" at the bottom of this report for the table of value ranges.
Major Customers
| Name |
|---|
| Foxconn (China) |
| Cybertan Technology Inc. |
| Golden Elite Technology (Shenzhen) Ltd. |
| TPV Group |
| MOBILETRON ELECTRONICS CO., LTD. |
Major Suppliers
| Name | D-U-N-S |
|---|---|
| MOSEL VITELIC INC. | 656061991 |
| JCET Group Co., Ltd. | |
| Vanguard International Semiconductor Corporation | 656385655 |
| PHENITEC SEMICONDUCTOR Corp |
Purchasing and Selling Terms
| Purchasing Terms: | T/T |
| Post Dated Checks |
| Selling Terms: | T/T |
| Post Dated Checks |
Employees
| Number of Employees: | 94 (Total) |
Subject is located in an industrial area. Subject owns premises, used as its office..
OFFICE(S)
| Address: | 13F-7, No. 716, Zhongzhen Rd. Zhonghe Dist., New Taipei City, Taiwan R.O.C. |
| TEL: | 02-82273826 |
| FAX: | 02-82273830 |
| Premises | Rented |
RESEARCH CENTER
| Address: | 7F-11, No. 35, Hsin Tai Rd., Chupei City, Hsinchu County, Taiwan R.O.C. |
| TEL: | 03-5537271 |
| FAX: | 03-5535742 |
OFFICE(S)
| Address: | Shenzhenshi, Guangdong Province, China. |
| TEL: | 139-246-33125 |
Balance Sheet
| Balance Sheet Information | Fiscal Dec 31 2018 Thousands TWD |
Fiscal Dec 31 2019 Thousands TWD |
Fiscal Dec 31 2020 Thousands TWD |
|---|---|---|---|
| Level of Audit | yes | yes | yes |
| Audited by | SUN RISE CPAS & CO. | Deloitte & Touche | Deloitte & Touche |
| Auditor notes | Auditors opinion is free from all qualifications. | Auditors opinion is free from all qualifications. | Auditors opinion is free from all qualifications. |
| Statement Source | The above statements were obtained from TSE Market Observation Post | The above statements were obtained from TSE Market Observation Post | The above statements were obtained from TSE Market Observation Post |
| Assets | Fiscal Dec 31 2018 Thousands TWD |
Fiscal Dec 31 2019 Thousands TWD |
Fiscal Dec 31 2020 Thousands TWD |
|---|---|---|---|
| Cash | 84,215 | 211,867 | 243,635 |
| Accounts Receivables | 324,399 | 334,332 | 429,992 |
| Notes Receivable | 16,290 | 11,951 | 10,026 |
| Other Receivables | 2,930 | 3,381 | 5,502 |
| Inventory | 403,444 | 243,962 | 269,335 |
| Prepayment | 1,981 | 2,087 | 8,246 |
| Prepayment | 1,981 | 2,087 | 8,246 |
| Short Term Investments | 14,240 | ||
| Other Current Assets | 11,998 | 10,596 | 12,532 |
| CURRENT ASSETS | 845,257 | 818,176 | 993,508 |
| Other Fixed Assets | 29,314 | 41,206 | 45,052 |
| Fixed Assets | 29,314 | 41,206 | 45,052 |
| Intangible Asset | 7,608 | 9,241 | 5,891 |
| Intangibles | 7,608 | 9,241 | 5,891 |
| Other Assets | 11,934 | 10,601 | 14,557 |
| TOTAL LONG TERM ASSETS | 11,934 | 10,601 | 14,557 |
| TOTAL ASSETS | 894,113 | 879,224 | 1,059,008 |
| Liabilities | Fiscal Dec 31 2018 Thousands TWD |
Fiscal Dec 31 2019 Thousands TWD |
Fiscal Dec 31 2020 Thousands TWD |
|---|---|---|---|
| Accounts Payable | 129,462 | 139,369 | 174,046 |
| Notes Payable | 3,849 | 2,691 | 4,288 |
| Other Payables | 47,023 | 55,756 | 61,695 |
| Short-Term Loans | 293,160 | 195,825 | 188,395 |
| Provision for Income Tax | 18,094 | 8,429 | 17,721 |
| Other Current Liabilities | 5,795 | 7,771 | 17,517 |
| TOTAL CURRENT LIABILITIES | 497,383 | 409,841 | 463,662 |
| Provisions | 1,136 | 490 | 1,934 |
| Medium/Long Term Loans | 4,133 | 3,306 | 32,105 |
| Other Non-Current Liab | 7,682 | 13,532 | 15,956 |
| Deferred Liab | 991 | 0 | |
| TOTAL NON-CURRENT LIABILITIES | 13,942 | 17,328 | 49,995 |
| TOTAL LIABILITIES | 511,325 | 427,169 | 513,657 |
| Shareholder's Equity | Fiscal Dec 31 2018 Thousands TWD |
Fiscal Dec 31 2019 Thousands TWD |
Fiscal Dec 31 2020 Thousands TWD |
|---|---|---|---|
| Capital | 235,959 | 260,027 | 286,030 |
| Capital Reserve | 39,720 | 39,720 | 39,720 |
| Others | 0 | ||
| Retained Earnings | 107,109 | 152,308 | 219,601 |
| Minority Interest | 0 | 0 | 0 |
| TOTAL EQUITY | 382,788 | 452,055 | 545,351 |
| TOTAL EQUITY AND LIABILITIES | 894,113 | 879,224 | 1,059,008 |
Profit & Loss
| Particulars | Fiscal From Jan 01 2018 To Dec 31 2018 Thousands TWD |
Fiscal From Jan 01 2019 To Dec 31 2019 Thousands TWD |
Fiscal From Jan 01 2020 To Dec 31 2020 Thousands TWD |
|---|---|---|---|
| Sales | 985,354 | 1,010,380 | 1,193,172 |
| Net Sales | 985,354 | 1,010,380 | 1,193,172 |
| Cost of Goods Sold | -703,410 | -689,441 | -830,113 |
| Gross Profit/Loss | 281,944 | 320,939 | 363,059 |
| Sell.,General & Adm. Exp. | -80,664 | -95,178 | -89,967 |
| Other Expenses | -4,898 | --43 | -0 |
| R&D Exp. | -27,953 | -29,160 | -31,409 |
| General & Adm. Exp. | -65,847 | -70,292 | -77,170 |
| Operating Income / Expenses | -179,362 | -194,587 | -198,546 |
| Operating Profit / Loss | 102,582 | 126,352 | 164,513 |
| Non Operating Income/Exp. | -6,220 | -13,976 | -18,323 |
| Non-Operating Income / Expenses | -6,220 | -13,976 | -18,323 |
| Profit/Loss before Tax | 96,362 | 112,376 | 146,190 |
| Income Tax | -24,565 | -19,041 | -26,891 |
| Profit/Loss after Tax | 71,797 | 93,335 | 119,299 |
| Net Profit (Loss) after tax & Min. Interest | 71,797 | 93,335 | 119,299 |
Cash Flow Statement
| Particulars | 2018 |
2019 |
Change % YOY |
2020 |
Change % YOY |
|---|---|---|---|---|---|
| Cash Flows from Operating Activities | -17,993 | 265,754 | -- | 55,643 | -79.06 |
| Cash Flows from Investing Activities | -13,565 | -7,119 | 47.52 | -18,516 | -160.09 |
| Cash Flows from Financing Activities | 51,354 | -130,983 | -- | -5,359 | 95.91 |
| Effects of Changes in Exchange Rate | 0 | -- | -- | ||
| Net Cash Flows | 19,796 | 127,652 | 544.84 | 31,768 | -75.11 |
Key Ratios
| Particulars | Dec 31 2018 |
Dec 31 2019 |
Dec 31 2020 |
|---|---|---|---|
| CAPTIAL STRUCTURE ANALYSIS | |||
| Total Debt/Equity Ratio | 1.34 | 0.94 | 0.94 |
| Debt Ratio | 0.57 | 0.49 | 0.49 |
| Long Term Funds to Fixed Assets (%) | 1,353.38 | 1,139.11 | 1,321.46 |
| LIQUIDITY ANALYSIS | |||
| Current Ratio | 1.70 | 2.00 | 2.14 |
| Quick Ratio | 0.89 | 1.40 | 1.56 |
| EFFICIENCY ANALYSIS | |||
| Working Capital Turnover (Days) | 127.09 | 145.49 | 159.87 |
| Accounts Receivable Turnover (Times) | 2.87 | 2.89 | 2.68 |
| Days Sales Outstanding (Days) | 125.54 | 124.59 | 134.42 |
| Payment Period (Days) | 92.29 | 103.29 | 104.09 |
| Average Inventory turnover (times) | 1.74 | 2.83 | 3.08 |
| Average Days to Sell Inventory (Days) | 206.48 | 127.39 | 116.81 |
| Fixed Assets Turnover (Times) | 33.61 | 24.52 | 26.48 |
| Total Asset Turnover (Times) | 1.10 | 1.15 | 1.13 |
| PROFITABILITY ANALYSIS | |||
| Profit Margin | 7.29 | 9.24 | 10.00 |
| Return on Assets | 8.03 | 10.62 | 11.27 |
| Return on Equity | 18.76 | 20.65 | 21.88 |
| Earnings Per Share (NTD) | 3.04 | 3.59 | 4.17 |
Industry Median
| Particulars | 2018 | 2019 | 2020 |
|---|---|---|---|
| Total Debt/Equity Ratio | 0.65 | 0.625 | 0.64 |
| Debt Ratio | 0.4 | 0.39 | 0.39 |
| Long Term Funds to Fixed Assets (%) | 244.09 | 254.54 | 258.15 |
| Current Ratio | 2.04 | 2.095 | 2.06 |
| Quick Ratio | 1.54 | 1.62 | 1.65 |
| Accounts Receivable Turnover (Times) | 4.47 | 4.685 | 4.495 |
| Days Sales Outstanding (Days) | 80 | 77 | 80 |
| Average Inventory turnover (times) | 4.94 | 4.925 | 4.55 |
| Average Days to Sell Inventory (Days) | 72 | 72 | 77.5 |
| Fixed Assets Turnover (Times) | 2.59 | 2.595 | 2.67 |
| Total Asset Turnover (Times) | 0.72 | 0.725 | 0.67 |
| Return on Assets | 3.69 | 3.15 | 3.735 |
| Return on Equity | 6.94 | 5.925 | 6.215 |
| Earnings Per Share (NTD) | 1.19 | 0.955 | 1.22 |
Note: Industry median is calculated by using the data from 502 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 2021 to Sep 30 2021 were as follows:
| Amount (Thousands) |
|
|---|---|
| Total Current Assets | 1,219,941 |
| Other Assets | 112,096 |
| Total Assets | 1,332,037 |
| Total Current Liabilities | 392,963 |
| Total Non-Current Liab | 40,758 |
| Total Liabilities | 433,721 |
| Shareholders' Equity | 898,316 |
| Sales | 1,182,694 |
| Cost of Goods Sold | 751,330 |
| Gross Profit | 431,364 |
| Operating Expenses | 188,516 |
| Operating Profits(Loss) | 242,848 |
| Non-Operating Income | -7,409 |
| Net Profit(Loss) before Tax | 235,439 |
| Net Profit(Loss) after tax | 191,823 |
| Cash Flows from Operating Activities | -43,338 |
| Cash Flows from Investing Activities | 21,581 |
| Cash Flows from Financing Activities | 9,429 |
| Net Cash Flows | -12,328 |
Above interim was Non-Consolidated statement.
D&B Rating
The D&B rating of 4A1 indicates a tangible net worth over TWD 250,000,000 - 1,499,999,999 and an overall credit condition which is considered Minimal 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
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Taipei City, Taiwan 105
Tel: +886 2 8770-7568
Website: www.dnb.com.tw
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- Full Company Name
- Full Headquarters Address
- Telephone Number
- Business Identification Number
- Contact Name
The information in this report was last updated on Jan 22 2022.
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© Rights Reserved 2022 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.
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