Global Full Investigation Sample

Rm 1801, 27-28Fl Fuli Kexun Edifice 638 Huangpu West Rd, Guangzhou, Guangdong 510627
Researched with care: 01/01/2021
For: Customer Name
Global Full Investigation
GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD
廣豐卡尼德盧樣式與配件有限公司
China

 
Highlights
 
 
Company Identification Details
Company Name GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD(1)
Name in Local Language 廣豐卡尼德盧樣式與配件有限公司
Country China
Operating Address Rm 1801, 27-28Fl Fuli Kexun Edifice 638 Huangpu West Rd, Guangzhou, Guangdong 510627
Website Details
Website http://www.candilo.com/
Status Normal - operational
Ownership Type Registered ownership by Subject Business Entity
Email info@candilo.com
invest@candilo.com
Telephone [+86] 20-37573979
[+86] 20-83763787
Fax [+86] 20-37573989
[+86] 20-37583833
Global Unique Key P2514499
Factory address 1st St Xiasha Economic Development Zone, Yuexiu, Guangzhou, Guangdong 510087
Tel [+86] 20-37581119
Fax [+86] 20-37581112
 
 
Registration Details
Date of Registration 19 Jan, 2015
Registered Address Rm 1801, 27-28Fl Fuli Kexun Edifice 638 Huangpu West Rd, Guangzhou, Guangdong 510627
License Number 940101120166369
Issuing Authority ADMINISTRATION FOR INDUSTRY & COMMERCE (AIC) - Guangzhou
License Status License exists - Normal.
Tax Number 44010649929668
Tax Issuing Authority STATE ADMINISTRATION OF TAXATION (SAT)
Legal Form Category Private Company with Limited Liability
 
 
Previous Business License/s
Historical License Date(s) Historical License Number(s)
18 Jul, 2002 4401021502636
25 Feb, 2004 4401023005727
16 May, 2006 4491042009668
 
 
Key Facts
Company Status Normal
Acronym GCSA
Main Business Activity Manufacturer
Main Industry Sector Garments & Accessories
Capital US$ 30,769,231
Staff 1,200
 
Key Financial Data
Currency:USD - US Dollar
Year Turnover Assets Net Income
2015  Annual 7,504,825 41,039,090 2,398,327
2014  Annual 11,289,037 32,788,017 1,331,197
2013  Annual (*) 12,882,341 34,332,969 2,385,017
Note: (*)
Financials listed are the most recent available for this company.
Trends Turnover
2015 2014 2013 2012 2011 2010 2009 2008 2007 2006

33.52%

12.37%
- - - - - - - -
Note: (*)
Financials listed are the most recent available for this company.
 
 
Turnover & Procurement
 
Annual Sales Analysis Percentage
Domestic Sales 70%
International Sales (Export) 30%
 
 
Annual Purchases Analysis Percentage
Local Purchases 80%
Imports 20%
 
 
Sales Channel
Currently local sales are predominantly generated via the following channels:
Sales Channel Sales Channel Ownership Percentage
Direct sales to end-user /consumers - via sales team Owned by SBE 30.00%
Retail outlets Owned by SBE 70.00%
 
 
Ranking
Type Coverage Ranking Detail
Corporate Ranking Domestic Top 500 companies in China - Based on Turnover in 2015
Industry Ranking Domestic Top 50 companies within this industry sector in China in 2015
 
 
Quality Accreditation
Quality Accreditation Listings
# Name Accreditation Category
1 INTERNATIONAL STANDARDS ORGANIZATION (ISO) 9000:2008
 
 
 
Note
(1)Legal status of the English corporate name
The English name of the Subject Business Entity (SBE) is a randomly selected translation / transliteration made by the owners of the SBE. It is not a registered English corporate name, but simply a translation / transliteration of the local language name.
 
Risk Analysis
 
Credit Score
Credit Assessment Factors
GCC's Credit risk assessment is gauged on 12 key business factors.
Each factor is assigned a rating and the total is aggregated and weighed
in consideration of any other influencing factors relevant to the final assessment.

These factors include :
Financial Status Profitability Industry sector & trends
Principals Civil Litigation Liabilities
Management Scale of operations Years in business & co history
Assets(real estate etc.) Trade references & reputation Family involvement & support
 
 
Maximum Credit
Maximum Recommended Credit USD 20,000,000 based on 60 days
 
 
Adverse Events
Dishonored Checks No Record Found
Debts No Record Found
Civil Ligitations 1 Record Found
Civil Ligitations(1)
Position
:
Defendant
Other Parties Involved
:
Position Country Party's Name
Plaintiff China SENIOR STYLISTS & DISTRIBUTORS CO LTD
Case Issue
:
A petition to the Court claiming a sum of money amounting to RMB 600,000 (filed under case no. 00160).
Court
:
Supreme People's Court, China
Date Commenced
:
24 Jun, 2014
Status
:
Not stated
Performance Defaults No Record Found
Adverse Local Media Coverage / Advers Filing History No Record Found
 
Reputation
Reference checking for the purpose of establishing GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD's reputation within the respective industry failed to reveal any adverse information.
 
Previous orders from other customers
Date of Order Industry
in which customer operates
Maximum Credit Type
(* / **)
Credit Amount Period
4 Mar, 2016 Professional Services MRC USD 20,000,000 60 days
28 Oct, 2014 Professional Services MRC USD 5,000,000 90 days
23 Sep, 2013 Professional Services MRC USD 12,000,000 60 days
23 Oct, 2012 Professional Services MRC USD 10,500,000 60 days
13 Oct, 2011 Professional Services ISC USD 3,500,000 60 days
13 Oct, 2010 Professional Services ISC USD 4,000,000 30 days
21 Apr, 2010 Professional Services ISC USD 5,800,000 90 days
Note:
* MRC : Max. Recommended Credit amount
** ISC : Inquirer Specified Credit amount
Management & Corporate Structure
Shareholder Information
Direct Corporate Parent : GUANGFENG XINGHAI ZHENGBUNG INVESTMENTS CO LTD
Global Unique Key : P2514500
Legal Form : Private Company with Limited Liability
Country : China
 
Shareholders
Total number of shareholders : 7
Total number of shares : 200,000,000
 
No. Shareholders Country Shares
Number Amount (RMB) %
1 GUANGFENG XINGHAI ZHENGBUNG INVESTMENTS CO LTD China 106,000,000 106,000,000 53.00
2 Mr. Jong-Fay Lynn China 42,000,000 42,000,000 21.00
3 Mr. Hu-Wi Yang China 16,000,000 16,000,000 8.00
4 Mr. Kin-Yang Zang China 10,000,000 10,000,000 5.00
5 Mr. Wui-Kang Wang China 10,000,000 10,000,000 5.00
6 Mr. Xio-Yam Loi China 10,000,000 10,000,000 5.00
7 GUANGZHOU ROOFING GROUP CO LTD China 6,000,000 6,000,000 3.00
Total 200,000,000 200,000,000 100.00
Based on corporate statutory laws / regulations in China, there is no requirement for public disclosure of Shareholders.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.
 
 
Top Management
Function : Chairman
Name : Mr. Jong-Fay Lynn
Local Name : 鐘菲林恩
Nationality : Chinese
 
 
Management
Management Listings
  Name Personal
Unique Identifier
Nationality Job Description Dept. / Division
1 Mr. Xio-Yam Loi MI03309124 Chinese Supervisor -
2 Mr. Jong-Fay Lynn MI03309121 Chinese Chief Executive Officer - CEO -
3 Mr. Wui-Kang Wang MI03309125 Chinese General Manager -
4 Mr. Kin-Yang Zang MI03309126 Chinese Chief Financial Officer - CFO -
Financial Information
 
Capital(Currency: RMB - Renminbi)
Currency: RMB - Renminbi
Share Value : ¥  1.00
Authorized Capital : ¥  200,000,000.00
Paid-up Capital : ¥  200,000,000.00
 
 
Detailed Financials Statement
Balance Sheet
  Currency : RMB
  Denomination : 1
  Financial Year Ending : December
Financial Highlights 2015 Annual 2014 Annual 2013 Annual
Non Current Liabilities(*) 675,482,567.00 319,360,607.00 244,358,132.00
Share Capital(*) 200,000,000.00 200,000,000.00 200,000,000.00
Non Current Assets(*) 1,500,480,480.00 815,848,232.00 626,339,696.00
Assets 
Current Assets(*) 1,178,140,919.00 1,217,008,799.00 1,503,334,363.00
Total Assets(*) 2,678,621,399.00 2,032,857,031.00 2,129,674,059.00
Liabilities 
Current Liabilities(*) 626,513,448.00 409,518,272.00 558,808,816.00
Total Liabilities(*) 1,301,996,015.00 728,878,879.00 803,166,948.00
Owner's Equity 
Shareholders Funds(*) 1,376,625,384.00 1,303,978,152.00 1,326,507,111.00
Note: (*)
Financial Highlights
Income Statement
  Currency : RMB
  Denomination : 1
  Financial Year Ending : December
Financial Highlights 2015 Annual 2014 Annual 2013 Annual
Turnover(*) 489,839,957.00 699,920,278.00 799,091,591.00
Profit (Loss) Before Tax(*) 162,403,877.00 87,072,616.00 172,891,340.00
Profit After Tax attributable to Shareholders(*) 156,538,802.00 82,534,224.00 147,942,589.00
Note: (*)
Financial Highlights
Financial Ratios
Financial Highlights 2015 Annual 2014 Annual 2013 Annual
Growth % 
Year-on-Year Growth (30.01) (12.41) -
Profitability 
Profit Margin (%) 31.96 11.79 18.51
Return on Equity (%) 11.37 6.33 11.15
Return on Assets (%) 5.84 4.06 6.95
Leverage 
Total Debt Equity (Times) 0.95 0.56 0.61
Current Debt Equity (Times) 0.46 0.31 0.42
Long Term Debt to Equity 0.49 0.24 0.18
Total Asset To Total Equity 1.95 1.56 1.61
Asset Management 
Total Assets Turnover (Times) 0.18 0.34 0.38
Fixed Assets Turnover (Times) 0.33 0.86 1.28
Liquidity 
Current Ratio 1.88 2.97 2.69
 
 
Banking Details
Banking Details(1)
Bank : GUANGZHOU CITY COMMERCIAL BANK
Global Unique Identifier : P0345469
Branch : GUANGZHOU CITY COMMERCIAL BANK, CHEBEI RD
Branch Address : Chebei Rd
SWIFT Code : GDBKCN22
 
 
Payment Terms
Selling
Type Terms
Local Cash on delivery (COD)
Credit - Unsecured 30~60 days
Export Documents against Acceptance (D/A)
Letter of Credit (At-sight)
Procurement
Type Terms
Import Letter of Credit (At-sight)
Telegraphic Transfer (T/T) - Executed at time of transaction
Local Credit - Unsecured 30~60 days
Cash on delivery (COD)
 
Customer & Supplier Network
 
Domestic Customers
Global Unique Key Domestic Customer Name
P2514527 FANG LONG COMMERCIAL & TRADE CO LTD
P2514526 GUANGZHOU GRANDY FASHION CO LTD
 
 
Domestic Suppliers
Global Unique Key Domestic Supplier Name
P2514520 CHANGZHOU DONGCHAN GARMENTS CO LTD
P2514521 DONG GUAN JINJIA APPARELS CO LTD
P2514524 SUZHOU KING GARMENTS CO LTD
P2514525 XINXIULI INT'L DISTRIBUTION (NINGBO) CO LTD
 
 
International Customers
Global Unique Key International Customer Name Country
P2514519 BB KREMA (AUSTRALIA) PTY LTD Australia
P2514517 CANDILO FASHION & ACCESSORIES (HONG KONG) CO LTD Hong Kong
P2514518 SUMMER TIME GARMENTS AND ACCESSORIES INC USA
 
 
International Suppliers
Global Unique Key International Supplier Name Country
P2514503 BALLY DISTRIBUTION AG Switzerland
P2514504 BRITISH AMERICAN TEXTILES PLC United Kingdom
 
 
Import / Export
Country / Region Estimated level of importance Trading Activity
Asia / Pacific Medium Exporting
Europe Medium Importing
North America Medium Exporting
Australia Medium Exporting
Hong Kong Medium Exporting
Switzerland Medium Importing
USA Medium Exporting
United Kingdom Medium Importing
 
Product, Brands & Trademark
Key Products
Products / Materials / Services Description Activity
Casual clothing Manufacturing, Exporting
Clothing, feather Manufacturing, Exporting
Garments Manufacturing, Exporting
Leather garments Manufacturing, Exporting
 
Product Classification (SIC) & Activity
Product/Service Description Code Activity
Apparel and accessories, nspf 2389 Manufacturing, Exporting
Apparel/Other Textile Products 2300 Manufacturing, Exporting
Leather and Leather Products 3100 Manufacturing, Exporting
Leather goods, nspf 3199 Manufacturing, Exporting
Textile goods, nspf 2299 Manufacturing, Exporting
 
 
Standardized Product Classification & Activity
Product/Service Description Code Activity
Articles of apparel 4203100090 Manufacturing, Exporting
Articles of apparel & access, leather & comp leather 4203 Manufacturing, Exporting
Articles of leather 4205 Manufacturing, Exporting
Garments nesoi, knitted or crocheted 6114 Manufacturing, Exporting
 
 
Main Business Description
Main Business
The primary business focus of GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD is Manufacturing - Finished products .

Key products include:
  • Garments
  • Leather garments
  • Casual clothing
  • Clothing, feather

An integral part of the core business includes:
  • Distribution
Supplementary Business
In addition to the core business, GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD also is engaged in the following areas of business:
  1. Exporting
    • Exporting - Finished products
  2. Importing
    • Importing - Raw Materials
 
 
Brands & Trademarks
Brands & Trademarks - 1
Brands & Trademarks : CANDILO
Brands & Trademarks - 2
Brands & Trademarks : GCSA APPARELS
 
Others
 
Property Information
The following property / ies are owned by GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD :
Property Information(1)
Property Name : GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD - GUANGZHOU, GUANGDONG
Type of Property : Office & Factory compound
Address : Rm 1801, 27-28Fl Fuli Kexun Edifice 638 Huangpu West Rd, Guangzhou, Guangdong 510627
Office Size : 3,000 Square meters
 
 
Trade Shows
Exhibition Acronym Country Participating Year
ACLE - All China Leather Exhibition n/a China 2010
China Fabrics & Accessories Expo - Int'l Fabrics, Apparel Accesories & Materials Exhibition for China n/a China 2012
 
 
Local Branches & Management
Local Branches & Management 1
Branch : GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD - BAIYUN DIST, GUANGZHOU
Branch Address : Baiyun Airport 1st Branch (P44 Baiyun International Airport), Dist, Guangzhou, Guangdong, Baiyun Dist, Guangzhou, Guangdong 201206
Primary use of location :
#1. Retail outlet
Local Branches & Management 2
Branch : GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD - YUEXIU, GUANGZHOU
Branch Address : 1Fl China Grand Hotel R122-124 Liuhua Rd, Yuexiu, Guangzhou, Guangdong 510095
Primary use of location :
#1. Retail outlet
 
 
Subsidiaries & Related Parties
The following provides a summary of the number of businesses that are related to GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD:
TYPE DOMESTIC
TOTAL
Subsidiaries 3
Joint-Ventures -
Minority shareholdings -
Affiliates -
Liaison / Representative Offices -
Domestic
Domestic(1)
Company Name : CHINESE CLOTHINGS AND ACCESSORIES CORP
Global Unique Key : P2514532
Relationship : Subsidiary
Domestic(2)
Company Name : HANGZHOU CLOTHING CO LTD
Global Unique Key : P2514530
Relationship : Subsidiary
Domestic(3)
Company Name : ZHONGCE LEATHER APPARELS (FUYANG) CO LTD
Global Unique Key : P2514531
Relationship : Subsidiary
 
 
Competitors
The following is a representative list of local competitors:
Company Name Global Unique Key
GUANGZHOU BA'E STYLES & ACCESSORIES CO LTD P2514528
GUANGZHOU JINYU STYLES & ACCESSORIES CO LTD P2514529
 
 
Factories, Size, & Locations
The following information relates to the Business Entity's factory as listed above:
Factories, Size, & Locations(1)
Name : GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD - YUEXIU, GUANGZHOU
Building Size : 1,500 Square meters
Type of Location : Commercial Bldg
Address : 1st St Xiasha Economic Development Zone, Yuexiu, Guangzhou, Guangdong 510087
Ownership of Property : Rented / Leased
Status : Operational
 
 
Approved Signatures
The Company Director/s listed below maintain the legal right to sign on behalf of the company:
Name
Mr. Jong-Fay Lynn
Mr. Wui-Kang Wang
 
 
Associations
GUANGFENG CANDILO STYLES AND ACCESSORIES CO LTD are members of the following associations:
Domestic Associations
Association Name
CHINA NATIONAL TEXTILE & APPAREL COUNCIL - CNTAC
 
Historical Company Data
 
Historical Name(s)
Company Name since
GUANGFENG YISHILU DISTRIBUTION CO LTD 18 Jul, 2002
GUANGFENG CANDILO STYLES & ACCESSORIES CO LTD 24 Dec, 2008
 
 
Capital History
Currency: RMB - Renminbi
 
Date Authorized Capital History
13 Jun, 2015 200,000,000
20 Mar, 2012 100,000,000
10 Jun, 2010 35,000,000
20 May, 2008 20,000,000
9 Aug, 2005 10,000,000
25 Feb, 2004 2,000,000
18 Jul, 2002 500,000
 
Date Paid up Capital History
13 Jun, 2015 200,000,000
20 May, 2012 100,000,000
10 Jun, 2010 35,000,000
20 May, 2008 20,000,000
9 Aug, 2005 10,000,000
25 Feb, 2004 1,800,000
18 Jul, 2002 300,000
 
 
Historical Company History
Date Details
2002 - Jul Established as a Private Company with Limited Liability.
2008 - Dec Changed legal form to Joint Stock Company.
2012 - Feb Changed legal form to Private Company with Limited Liability.
 
 
Historical Contact Details
Historical Contact Details 1
Company Address : Rm 2411, 33 Jianshe 6 Rd, Dist, Guangzhou, Guangdong, Dongshan Dist, Guangzhou, Guangdong
Date of Relocation : 25 Feb, 2004
 
END OF REPORT