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Report Date : |
20.02.2012 |
IDENTIFICATION DETAILS
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Name : |
SINTAN KIMYA SANAYII VE TICARET A.S. |
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Registered Office : |
Izmir Serbest Bolgesi (Free Zone) Maltepe Koyu Menekse Sokak No:3 /7
Izmir |
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Country : |
Turkey |
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Date of Incorporation : |
03.08.2006 |
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Com. Reg. No.: |
3167 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and trade of leather chemicals |
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No. of Employees : |
30 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No complaints |
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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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Turkey |
B1 |
B1 |
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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 |
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NAME |
: |
SINTAN KIMYA SANAYII VE TICARET A.S. |
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HEAD OFFICE ADDRESS |
: |
Izmir Serbest Bolgesi (Free Zone) Maltepe Koyu Menekse Sokak No:3 /7 Izmir
/ Turkey |
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PHONE NUMBER |
: |
90-232-842 60 77 |
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FAX NUMBER |
: |
90-232-842 60 79 |
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WEB-ADDRESS |
: |
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NOTES ON
LEGAL STATUS AND HISTORY |
: |
The paid-in
capital is declared by the subject. There is no certification for the paid-in
capital.. |
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TAX OFFICE |
: |
Menemen |
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TAX NO |
: |
7710298592 |
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REGISTRATION NUMBER |
: |
3167 |
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REGISTERED OFFICE |
: |
Menemen Chamber of Commerce |
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DATE ESTABLISHED |
: |
03.08.2006 |
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ESTABLISHMENT GAZETTE DATE/NO |
: |
09.08.2006/6617 |
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LEGAL FORM |
: |
Joint Stock Company |
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TYPE OF COMPANY |
: |
Private |
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REGISTERED CAPITAL |
: |
TL 13.200.000 |
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PAID-IN CAPITAL |
: |
TL 13.200.000 |
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HISTORY |
: |
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SHAREHOLDERS |
: |
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GROUP PARENT COMPANY |
: |
TURKIYE SISE VE CAM FABRIKALARI A.S. |
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SISTER COMPANIES |
: |
ANADOLU CAM SANAYII A.S. ANADOLU CAM YENISEHIR SANAYI A.S. ASMAS AGIR SANAYI MAKINALARI A.S. CAM ELYAF SANAYII A.S. CAMIS AMBALAJ SANAYI A.S. CAMIS EGYPT MINING LTD CO CAMIS ELEKTRIK URETIM A.S. CAMIS LIMITED CAMIS MADENCILIK A.S. CAYIROVA CAM SANAYII A.S. CROMITAL S.P.A. DENIZLI CAM SANAYI VE TICARET A.S. MADENCILIK SANAYI VE TICARET A.S. OMCO ISTANBUL KALIP SANAYI VE TICARET A.S. OXYVIT KIMYA SANAYI VE TICARET A.S. PASABAHCE CAM SANAYII VE TICARET A.S. PASABAHCE ESKISEHIR CAM SANAYI VE TICARET A.S. PASABAHCE GLAS GMBH PASABAHCE MAGAZALARI A.S. POSUDA LIMITED RUSCAM LTD SINTAN KIMYA SANAYII VE TCARET A.S. SISECAM (SHANGHAI) TRADING CO. LTD. SISECAM BULGARIA LTD SISECAM DIS TICARET A.S. SISECAM SIGORTA ARACILIK HIZMETLERI A.S. SISECAM SODA LUKAVAC D.O.O. SODA SANAYII A.S. SOLVAY SISECAM HOLDING AG TRAKYA CAM INVESTMENT B.V. TRAKYA CAM SANAYII A.S. TRAKYA GLASS BULGARIA EAD TRAKYA GLASS KUBAN OOO TRAKYA GLASS LOGISTICS EAD TRAKYA INVESTMENT B.V. TRAKYA POLATLI CAM SANAYII A.S. TRAKYA YENISEHIR CAM SANAYII A.S. TURKIYE SISE VE CAM FABRIKALARI A.S. |
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SUBSIDIARIES |
: |
Declared to be: None |
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BOARD OF DIRECTORS |
: |
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BUSINESS ACTIVITIES |
: |
Manufacture and trade of leather chemicals. The firm which was established on 03.08.2006 has started active
operation in December 2008. |
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NACE CODE |
: |
DG.24.13 |
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NUMBER OF EMPLOYEES |
: |
30 |
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NET SALES |
: |
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REMARKS ON NET SALES |
: |
The net sales figures of 2009 and 2010 are declared by the company.
There is no certification for these figures. |
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IMPORT COUNTRIES |
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Italy China |
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MERCHANDISE IMPORTED |
: |
Raw materials |
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HEAD OFFICE ADDRESS |
: |
Izmir Serbest Bolgesi (Free Zone) Maltepe Koyu Menekse Sokak No:3 /7
Izmir / Turkey ( owned ) |
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BRANCHES |
: |
Head Office/Production Plant
: Izmir Serbest Bolgesi Maltepe
Koyu Menekse Sokak No:3/7 Izmir/Turkey (owned) |
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TREND OF
BUSINESS |
: |
There was an
upwards trend in 2010. |
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SIZE OF BUSINESS |
: |
Large |
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MAIN DEALING BANKS |
: |
T. Is Bankasi Istanbul Kurumsal Branch T. Is Bankasi Esbas Branch |
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PAYMENT BEHAVIOUR |
: |
No payment delays have come to our knowledge. |
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KEY FINANCIAL ELEMENTS |
: |
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Capitalization |
Low As of
31.12.2010 |
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Liquidity |
Low As of
31.12.2010 |
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Remarks On
Liquidity |
Current ratio is
0,36 |
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Profitability |
Net Loss in 2009 Net Loss in 2010 |
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General
Financial Position |
Unsatisfactory |
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Incr. in producers’ price index |
Average USD/TL |
Average EUR/TL |
Average GBP/ TL |
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( 2009 ) |
5,93 % |
1,5460 |
2,1529 |
2,4094 |
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( 2010 ) |
8,87 % |
1,5128 |
2,0096 |
2,3410 |
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( 01.01-31.01.2012) |
0,38 % |
1,8353 |
2,3964 |
2,8635 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.21 |
|
|
1 |
Rs.77.75 |
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Euro |
1 |
Rs.64.58 |
RATING EXPLANATIONS
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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 |
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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.