Current Rating
Rating FAQ
Long-term  :   twA
Short-term  :   twA-1
Outlook  :  Positive
Issuer Rating History
Rating Date Long-term Rating outlook (credit watch) Short-term Rating
2025/01/21 twA Positive twA-1
2021/08/25 twA Stable twA-1
2020/08/04 twA Negative twA-1
2020/01/21 twA Stable twA-1
2017/02/17 twA+ Stable twA-1
2015/08/05 twA+ Negative twA-1
2015/06/26 twA+ Stable twA-1
2013/12/10 twAA- Stable twA-1+
2013/11/26 twA+ Watch Pos twA-1
2007/07/02 twA+ Stable twA-1
2007/06/07 twA Stable twA-1
2004/12/27 twA Stable twA-2
Research Analysis
Publish Date Subject
2025/01/21 Media Release: Far Eastern New Century And Yuan Ding Investment Outlooks Revised To Positive On Accelerated Deleveraging; 'twA/twA-1' Ratings Affirmed
2024/08/28 Research Update: Far Eastern New Century Corp. And Yuan Ding Investment Corp. Ratings Affirmed At 'twA/twA-1'; Outlook Stable
2023/08/15 Research Update: Far Eastern New Century Corp. And Yuan Ding Investment Corp. Ratings Affirmed At 'twA/twA-1'; Outlook Stable
2022/08/26 Research Update: Far Eastern New Century Corp. And Yuan Ding Investment Corp. Ratings Affirmed At 'twA/twA-1'; Outlook Stable
2021/08/25 Media Release: Far Eastern New Century And Yuan Ding Investment Outlooks Revised To Stable From Negative On Robust EBITDA Recovery; Ratings Affirmed
2020/08/04 Media Release: Far Eastern New Century And Yuan Ding Investment Outlooks Revised To Negative On Lower Operating Cash Flow; Ratings Affirmed
Last 5 Years Issue Rating History
Series Amount
(Million)		 Issue Date Maturity Date
 Coupon Rate
(%)		 Rating Rating Date
None
*Taiwan Ratings maintains continuous surveillance over its ratings and the “Rating date” below refers to the last date on which the ratings/outlook have been changed or the ratings on/off CreditWatch.
*Unless there is a material change in our rating views on a given entity, Taiwan Ratings does not update the “Rating date,” which is accordance with the general international practice for rating disclosures.