|
Report Date : |
22.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
CHINTEX, S.R.O. |
|
|
|
|
Registered Office : |
Terezínská
1111 , 410 02 Lovosice |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
30.06.2004 |
|
|
|
|
Com. Reg. No.: |
C/20757 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale and retail sale activities – plastics, plastic parts, packages, pressed folios, regranulates |
|
|
|
|
No. of Employees : |
06 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
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
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Czech Republic |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CHINTex, s.r.o.
Terezínská 1111
410 02 Lovosice
Telephone: 00420/
416 533 204
Telefax: 00420/
416 533 204
e-mail:
sale@chintex.cz
Web: www.chintex.eu
|
Company
development |
Constant
business development |
|
|
Order situation |
Satisfactory
course of business |
|
|
Terms of payment |
mostly within
agreed terms, but partly also delayed |
|
|
Business connection |
Business
connections are not denied |
|
|
Legal form |
Private limited company |
|
|
|
Foundation |
30/06/2004 - Private limited company |
||
|
Comp. Register |
30/06/2004, Krajský soud Ústí nad
Labem, RegNr.: C/20757 |
||||
|
Share Capital |
30/06/2004 |
CZK |
200 000,- |
|
|
|
Shareholders |
Ing. Miroslav
Novotný (06.12.1960) |
CZK |
90 000,- |
|
|
|
Jiří
Schoř (06.09.1971) |
CZK |
90 000,- |
|
|
|
Petr Novotný (30.08.1971) |
CZK |
20 000,- |
|
|
|
Management |
Jiří
Schoř (06.09.1971) |
||||
|
|
Ing. Miroslav
Novotný (06.12.1960) |
|
General Data |
Wholesale and
retail sale activities – plastics, plastic |
|
|
Main activity: |
|
|
|
|
Trade name(s) |
||
|
|
Export: |
|
|
|
|
|
||
|
|
Address: |
|
|
Kardinála Trochty 522/16, 412 01
Litoměřice |
|
Staff |
2008 |
6 employees |
|
|
2009 |
7 employees |
|
|
2010 |
7 employees |
|
|
2011 |
7 employees |
|
|
2012 |
6 employees |
|||||
|
Annual Sales |
2007 |
actual sales |
CZK |
33 732 000,- |
|
||
|
|
2008 |
actual sales |
CZK |
54 072 000,- |
|
|
|
2009 |
actual sales |
CZK |
54 527 000,- |
|
|
|
2010 |
actual sales |
CZK |
59 667 000,- |
|
|
|
Property |
none |
|||||
|
Balance sheets |
The enclosed balance of 2010 from business
register, -. (31.12.2010 - 1 CZK) |
|
|
The enclosed profit/loss account of 2010
from business register, -. (31.12.2010 - 1 CZK) |
|
Remarks |
The company is a
holder of ISO 9001 certificate. |
|
|
Other
entrepreneurial interests: |
|
Bankers |
Československá obchodní banka, a.
s. |
|
|
Copyright s.r.o.
Praha |
This information is addressed exclusively
to the addressee. Contractor obligates to provide updated information.
Although it is always put maximum effort to collect actual and exact information,
it is not confirmed as delinquency if there are particular inaccurateness
contained within the information, which are not considered as essential in
terms of the objective for which the information is provided to the
addressee. Contractor and recipient conform to the rules of the Name and
Description Security Act, Nub.101/2000. According to the Name and Description
Security Act, recipient has the right to process or to use forwarding data
only for the purpose for which information has been sent to the recipient.
Usage for other purpose is acceptable only in case referring to valid
regulations of the above mentioned act. |
|
|
|
balance |
31.12.2007 (CZK) |
31.12.2008 (CZK) |
31.12.2009 (CZK) |
31.12.2010 (CZK) |
|
r1 |
TOTAL ASSETS |
5 774 000 |
11 383 000 |
10 958 000 |
10 279 000 |
|
r2 |
Receivables for subscriptions |
0 |
0 |
0 |
0 |
|
r3 |
Fixed assets |
95 000 |
1 523 000 |
2 397 000 |
2 861 000 |
|
r4 |
Intangible fixed
assets |
0 |
0 |
0 |
0 |
|
r13 |
Tangible fixed assets |
95 000 |
1 523 000 |
2 397 000 |
2 861 000 |
|
r23 |
Long-term
financial assets |
0 |
0 |
0 |
0 |
|
r31 |
Current assets |
5 430 000 |
9 694 000 |
8 494 000 |
7 367 000 |
|
r32 |
Inventory |
1 365 000 |
707 000 |
368 000 |
482 000 |
|
r39 |
Long-term receivables |
0 |
0 |
0 |
0 |
|
r48 |
Short-term
receivables |
3 346 000 |
6 128 000 |
4 544 000 |
3 749 000 |
|
r58 |
Short-term
financial assets |
719 000 |
2 859 000 |
3 582 000 |
3 136 000 |
|
r63 |
Accruals |
249 000 |
166 000 |
67 000 |
51 000 |
|
r67 |
TOTAL
LIABILITIES |
5 774 000 |
11 383 000 |
10 958 000 |
10 279 000 |
|
r68 |
Equity |
-1 347 000 |
127 000 |
-354 000 |
354 000 |
|
r69 |
Registered
capital |
200 000 |
200 000 |
200 000 |
200 000 |
|
r73 |
Capital funds |
0 |
0 |
0 |
0 |
|
r78 |
Reserve funds,
statutory reserve account for cooperatives, and other retained earnings |
0 |
0 |
20 000 |
20 000 |
|
r81 |
Profit / loss -
previous years |
-1 672 000 |
-1 546 000 |
-93 000 |
-574 000 |
|
r84 |
Profit / loss -
current year (+/-) |
125 000 |
1 473 000 |
-481 000 |
708 000 |
|
r85 |
Other sources |
7 121 000 |
11 256 000 |
11 312 000 |
9 925 000 |
|
r86 |
Reserves |
0 |
0 |
0 |
0 |
|
r91 |
Long-term
payables |
0 |
0 |
0 |
0 |
|
r102 |
Short-term
payables |
4 054 000 |
7 494 000 |
7 395 000 |
5 584 000 |
|
r114 |
Bank loans and
financial accommodations |
3 067 000 |
3 762 000 |
3 917 000 |
4 341 000 |
|
r118 |
Accruals |
0 |
0 |
0 |
0 |
|
|
profit/loss
account |
31.12.2007 (CZK) |
31.12.2008 (CZK) |
31.12.2009 (CZK) |
31.12.2010 (CZK) |
|
a1 |
Turnover |
33 732 000 |
54 072 000 |
54 527 000 |
59 667 000 |
|
a2 |
Revenues from sold goods |
33 452 000 |
53 936 000 |
54 408 000 |
59 531 000 |
|
a3 |
Expenses on sold goods |
25 771 000 |
36 271 000 |
35 143 000 |
36 108 000 |
|
a4 |
Sale margin |
7 681 000 |
17 665 000 |
19 265 000 |
23 423 000 |
|
a5 |
Production |
280 000 |
136 000 |
119 000 |
136 000 |
|
a9 |
Production
consumption |
5 780 000 |
14 199 000 |
15 441 000 |
18 046 000 |
|
a12 |
Added value |
2 181 000 |
3 602 000 |
3 943 000 |
5 513 000 |
|
a13 |
Personnel
expenses |
1 472 000 |
1 856 000 |
2 424 000 |
2 302 000 |
|
a18 |
Taxes and fees |
13 000 |
35 000 |
32 000 |
64 000 |
|
a19 |
Depreciations of intangible and tangible
assets |
29 000 |
215 000 |
799 000 |
1 613 000 |
|
a20 |
Revenues from disposals
of fixed assets and materials |
0 |
252 000 |
0 |
0 |
|
a23 |
Net book value
of disposed fixed assets and materials |
0 |
69 000 |
0 |
159 000 |
|
a26 |
Change in operating reserves and
adjustments and complex deferred costs ( + / - ) |
0 |
0 |
0 |
0 |
|
a27 |
Other operating revenues |
24 000 |
41 000 |
32 000 |
397 000 |
|
a28 |
Other operating expenses |
64 000 |
219 000 |
718 000 |
470 000 |
|
a29 |
Transfer of operating revenues |
0 |
0 |
|
0 |
|
a30 |
Transfer of operating expenses |
0 |
0 |
|
0 |
|
a31 |
Operating profit
/ loss |
627 000 |
1 501 000 |
2 000 |
1 302 000 |
|
a32 |
Revenues from sales of securities and
ownership interests |
0 |
0 |
|
0 |
|
a33 |
Sold securities and ownership interests |
0 |
0 |
|
0 |
|
a34 |
Revenues from long-term
financial assets |
0 |
0 |
|
0 |
|
a38 |
Revenues from short-term financial assets |
0 |
0 |
|
0 |
|
a39 |
Expenses associated with financial assets |
0 |
0 |
|
0 |
|
a40 |
Revenues from revaluation of securities
and derivatives |
0 |
0 |
|
0 |
|
a41 |
Cost of revaluation of securities and
derivatives |
0 |
0 |
|
0 |
|
a42 |
Change in financial reserves and
adjustments ( + / - ) |
0 |
0 |
|
0 |
|
a43 |
Interest revenues |
0 |
3 000 |
1 000 |
0 |
|
a44 |
Interest expenses |
10 000 |
84 000 |
156 000 |
161 000 |
|
a45 |
Other financial revenues |
332 000 |
1 533 000 |
1 799 000 |
1 159 000 |
|
a46 |
Other financial expenses |
824 000 |
1 435 000 |
2 111 000 |
1 436 000 |
|
a47 |
Transfer of financial revenues |
0 |
0 |
|
0 |
|
a48 |
Transfer of financial expenses |
0 |
0 |
|
0 |
|
a49 |
Profit / loss
from financial operations ( transactions ) |
-502 000 |
17 000 |
-467 000 |
-438 000 |
|
a50 |
Income tax on
ordinary income |
0 |
45 000 |
34 000 |
242 000 |
|
a53 |
Operating profit
/ loss ordinary activity |
125 000 |
1 473 000 |
-499 000 |
622 000 |
|
a54 |
Extraordinary revenues |
0 |
0 |
18 000 |
86 000 |
|
a55 |
Extraordinary expenses |
0 |
0 |
|
0 |
|
a56 |
Income tax on
extraordinary income |
0 |
0 |
|
0 |
|
a59 |
Operating profit
/ loss extraordinary activity |
0 |
0 |
18 000 |
86 000 |
|
a60 |
Transfer profit ( loss ) to partners (+/-) |
0 |
0 |
|
0 |
|
a61 |
Profit / loss of
current accounting period (+/-) |
125 000 |
1 473 000 |
-481 000 |
708 000 |
|
a62 |
Profit / loss
before tax (+/-) |
125 000 |
1 518 000 |
-447 000 |
950 000 |
|
|
Receivables
after due date total |
|
2 439 000 |
3 014 000 |
1 601 000 |
|
|
Liabilities
after due date total |
|
4 412 000 |
3 520 000 |
1 745 000 |
|
Balance indices |
|
31.12.2007 |
31.12.2008 |
31.12.2009 |
31.12.2010 |
|
Return on total assets ROA (in %) |
a62/r1 * 100 |
2,16 |
13,34 |
-4,08 |
9,24 |
|
Return on equity ROE (in %) |
a62/r68 * 100 |
-9,28 |
1 195,28 |
126,27 |
268,36 |
|
Return on sales ROS (in %) |
a62/a1 * 100 |
0,37 |
2,81 |
-0,82 |
1,59 |
|
Turnover of receivables (in days) |
r49/a1 * 365 |
n/a |
n/a |
n/a |
n/a |
|
Turnover of liabilities (in days) |
r103/a1 * 365 |
n/a |
n/a |
n/a |
n/a |
|
Turnover of inventories (days) |
r32/a1 * 365 |
14,77 |
4,77 |
2,46 |
2,95 |
|
Net working capital (in ths. CZK) |
r31 - r102 - r116 - r117 |
1 376,00 |
2 200,00 |
1 099,00 |
1 783,00 |
|
Ratio of accounts payable to accounts
receivable (in %) |
(r39+r48) / (r91+r102) * 100 |
82,54 |
81,77 |
61,45 |
67,14 |
|
Ratio of profit/loss to tangible assets
(in%) |
r3 / a1 * 100 |
0,28 |
2,82 |
4,40 |
4,79 |
|
Current ratio |
r31 / (r102+r116+r117) |
n/a |
n/a |
n/a |
n/a |
|
Quick ratio |
(r58+r48) / (r102+r116+r117) |
1,00 |
1,20 |
1,10 |
1,23 |
|
Cash ratio |
r58 / (r102+r116+r117) |
n/a |
n/a |
n/a |
n/a |
|
Debt ratio I (in %) |
(1-r68/r67) * 100 |
123,33 |
98,88 |
103,23 |
96,56 |
|
Debt ratio II (in %) |
r85/r67 * 100 |
123,33 |
98,88 |
103,23 |
96,56 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.42 |
|
UK Pound |
1 |
Rs.88.45 |
|
Euro |
1 |
Rs.71.52 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
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 |
|
---- |
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.