MIRA
INFORM REPORT
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Report Date : |
08.08.2012 |
IDENTIFICATION DETAILS
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Name : |
SHANDONG AONA CHEMICAL CO.,LTD. |
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Registered Office : |
Liuyuan Zhen, Yicheng Qu, Zaozhuang,
277300 |
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Country : |
China |
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Date of Incorporation : |
1983 |
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Legal Form : |
Private Independent |
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Line of Business : |
Chemical Manufacturing |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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China |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and address
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Shandong Aona Chemical Co.,Ltd. |
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Employees: |
NA |
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Company Type: |
Private
Independent |
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Incorporation
Date: |
1983 |
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Financials in: |
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Fiscal Year End:
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31-Dec-2005 |
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Reporting
Currency: |
Chinese Renminbi
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Annual Sales: |
0.0 |
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Total Assets: |
0.0 |
Business Description
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SHANDONG AONA CHEMICAL CO.,LTD. was
established in SHANDONG. It was registered as a Private-Ownership. Main
products include: Carbon black; Activated silicon powder; Reinforced. |
Industry
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Industry |
Chemical
Manufacturing |
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ANZSIC 2006: |
1812 - Basic
Organic Chemical Manufacturing |
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NACE 2002: |
2412 -
Manufacture of dyes and pigments |
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NAICS 2002: |
325182 - Carbon
Black Manufacturing |
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UK SIC 2003: |
2412 - Manufacture
of dyes and pigments |
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US SIC 1987: |
2895 - Carbon
Black |
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1 - Profit & Loss
Item Exchange Rate: USD 1 = CNY 8.192835
2 - Balance Sheet Item Exchange Rate: USD 1 = CNY 8.0702
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.14 |
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1 |
Rs.86.00 |
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Euro |
1 |
Rs.68.31 |
INFORMATION DETAILS
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Report Prepared
by : |
PDT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.