International In-Depth Report

Transcription

1 Identification Data As Requested Given name: BI ELECTRIC SHERZHEN International In-Depth Report Address HUA MEI ROAD, LONG GANG SHENZHEN, GUANGDONG, , CHINA Country China (PRC) Verified Identification Data Subject name: BI ELECTRIC (SHENZHEN) CO., LTD. Registered number: Address 3/F - 4/F No 86 Huamei Middle Road Huanggekeng Community Area Longcheng Avenue Longgang District Town Shenzhen State/province Guangdong Zip/postal code Country China (PRC) Telephone +86 (755) Fax +86 (755) Website Credit Risk Rating Risk Dashboard (Subject) (Group) / (Ultimate) As at Analysis Excellent Organisational structure is acceptable Good Management is modestly experienced Satisfactory Serious detrimental records found Passable Group financial performance is good 0-25 >>> Poor Operational trend is in liquidation N/A No classification Payment punctuality is undetermined The Subject is in liquidation since Open credits of any magnitude are not advisable. Exercise business relations with caution. Credit limit Recommended limit: Fully secured terms preferable. 1

2 Corporate Data Subject name BI ELECTRIC (SHENZHEN) CO., LTD. Other style 比安电气 ( 深圳 ) 有限公司 Date registered Legal form Wholly Foreign-Owned Enterprise Registered number Registry authority Shenzhen City Administration of Industry and Commerce Registry status In Liquidation Principal trading address 3/F - 4/F No 86 Huamei Middle Road Huanggekeng Community Area Longcheng Avenue Longgang District Shenzhen, Guangdong China (PRC) Main activities Design, development, production and sales of electronic devices and related products, parts and components Number of employees As reported Legal Notices Bankruptcy filings Court judgements Tax liens Debt collections Other None None None No negative information was found. The Subject is currently under liquidation. A board of committees of liquidation is being elected on Financials Required to file Yes Source Group Consolidated Statements Presentation Attached to this report / Summarised below Date of accounts Accounts type Full audited Currency Kuwaiti Dinar (KWD) Exchange rate USD 1 = KWD 0.28 as of Summarised Consolidation: Group consolidated Group consolidated Group consolidated Period: 6 months 12 months 12 months Sales turnover: 52,795, ,688,000 98,072,000 Gross profit: 12,356,000 25,500,000 22,550,000 Profit before tax: 16,258,000-32,328,000-25,797,000 Profit after tax: 16,180,000-34,032,000-26,208,000 Non-current assets: 1,072,917,000 1,116,172,000 1,173,408,000 Current assets: 288,184, ,533, ,697,000 Inventories: 27,307,000 23,602,000 20,053,000 Total assets: 1,361,101,000 1,499,705,000 1,634,105,000 Current liabilities: 384,148, ,192, ,623,000 Non-current liabilities: 460,377, ,904, ,021,000 Total liabilities: 844,525, ,096, ,644,000 Shareholders' equity: 516,576, ,609, ,461,000 2

3 Comment The above group consolidated figures relate to the Subject's Ultimate Holding Company NATIONAL INDUSTRIES GROUP (HOLDING) S A K and its subsidiaries. Current Directors and Other Appointments Appointments Board function Address Board function Address Board function Address Board function Address Board function Address Board function Address Board function Address Ian Starkey Chairman and Liquidator China Hong Gao Liquidator China Rongrong Cui Liquidator China Yanqing Wang Liquidator China Janine Anita Ramsdale Director China Merrick Wentworth Taylor Director China Paul Anthony Hope Director China Management Team Job Title Job Title Job Title Job Title Job Title Ian Starkey Chairman and Liquidator Janine Anita Ramsdale Director Merrick Wentworth Taylor Director Paul Anthony Hope Director Dalei Li General Manager Share Capital Structure Authorised capital HKD 2,400,000 Issued capital HKD 2,400,000 Paid-up capital HKD 2,400,000 3

4 Shareholders How listed Full List DIAMOND ASIA CONTROLS MANUFACTURING (HONG KONG) LIMITED No. of shares HKD 2,400,000 % of shares 100% Address Room 501 5/F 113 Argyle Street Mongkok Kowloon Hong Kong Comment Corporate Structure Also known as 協優製造 ( 香港 ) 有限公司 NATIONAL INDUSTRIES GROUP (HOLDING) S A K Affiliation type Ultimate Holding Company Address PO Box 417 Safat Kuwait DIAMOND ASIA CONTROLS MANUFACTURING (HONG KONG) LIMITED Affiliation type Parent Company Address Room 501 5/F 113 Argyle Street Mongkok Kowloon Hong Kong Comment Also known as 協優製造 ( 香港 ) 有限公司 Comments Other companies of the NATIONAL INDUSTRIES GROUP (HOLDING) S A K Group should also be considered as affiliates of the Subject. A list of major affiliated companies is attached to this report. Operations and History Full description The Subject is engaged in design, development, production and sales of electronic devices and related products, parts and components. Property and Assets Premises The Subject principally operates from premises located at the heading address, consisting of production facilities, a warehouse and administrative offices. Payment Profile Debt Collections / Judgements Payment Experience Payment behaviour No negative information was found. As trade references were not supplied, the Subject's payment track record history CANNOT BE ACCURATELY DETERMINED. 4

5 Analysts' Comments Sources Official and local business sources Attachments Attachments Group consolidated financial statements List of affiliated companies IMPORTANT NOTICE. This report is confidential and is intended for viewing only by the entity which purchased it from Experian Limited. It should not be disclosed to third parties. Any scores and comments given are the opinion of Experian Limited and should not be taken as current fact or historical facts, or as recommendations. You should not use the information, scores, comments and opinions in this report as the sole basis for any decision. The data in this report is derived from a range of third party sources and Experian Limited cannot guarantee the accuracy of such data. This report may not use all information held about the business by Experian Limited, its group companies, and its suppliers. 5

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