MIRA
INFORM REPORT
|
Report Date : |
21.09.2007 |
IDENTIFICATION DETAILS
|
Name : |
SHENYANG HUI SHENG INTERNATIONAL CO., LTD. |
|
|
|
|
Registered Office : |
Middle of |
|
|
|
|
Country : |
|
RATING & COMMENTS
|
MIRA’s Rating : |
NR |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
Status : |
Undetermined |
COMPANY NAME &
ADDRESS
SHENYANG HUI SHENG INTERNATIONAL CO., LTD.
MIDDLE OF
TEL: 86 (0) 24-25876611
FAX: 86 (0) 24-25876611
Alert report!
This refers to a type of report whose format is different from that of a standard report. Such type of report is provided when:
Information obtained is insufficient for compiling a standard report.
The enquired co has been out of business or its business address has been untraceable.
It should be noted that the time and manpower spent on preparing such type of report might be greater than those on a standard report. On many occasions, the information in this type of report still indicates the current status of the enquired co. and serves as a useful reference to assess its credit standing.
The provided telephone number is:
86024-25876611
When we dialed the number, a gentleman surnamed Cheng answered. He recognized the given English company name and told us SC's Chinese name is “ According to Mr. Cheng, subject is mainly engaged in importing and exporting plastic products, electromechanical products, automotive parts, steel, metal materials, and chemicals. He also released SC is not officially registered.
A research was conducted with the local Administration of Industry & Commerce (the official body of issuing and renewing business license), and no registration record of SC was found.
The address client provided is:
MIDDLE OF
According to Mr. Cheng, SC is currently operating at the above stated address.
As our investigation, SC is not officially registered. Great caution is requested in providing credit to SC & COD is recommended.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)