|
Report Date : |
26.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
Emerald Essence Sdn. Bhd. |
|
|
|
|
Registered Office : |
30-A, Jalan 17/155C, Bandar Bukit Jalil, 57000 Kuala Lumpur, Wilayah Persekutuan,
Malaysia |
|
|
|
|
Country : |
Malaysia |
|
|
|
|
Financials (as on) : |
30.09.2012 |
|
|
|
|
Date of Incorporation : |
19.09.2011 |
|
|
|
|
Com. Reg. No.: |
960587-U |
|
|
|
|
Legal Form : |
Private Limited (Limited By Share) |
|
|
|
|
Line of Business : |
General Trading, Land & Property Investment And Investment Holding |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
|
|
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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Malaysia |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
MALAYSIA - ECONOMIC
OVERVIEW
Malaysia, a middle-income country, has transformed itself
since the 1970s from a producer of raw materials into an emerging multi-sector
economy. Under current Prime Minister NAJIB, Malaysia is attempting to achieve
high-income status by 2020 and to move farther up the value-added production
chain by attracting investments in Islamic finance, high technology industries,
biotechnology, and services. NAJIB's Economic Transformation Program (ETP) is a
series of projects and policy measures intended to accelerate the country's
economic growth. The government has also taken steps to liberalize some
services sub-sectors. The NAJIB administration also is continuing efforts to
boost domestic demand and reduce the economy's dependence on exports.
Nevertheless, exports - particularly of electronics, oil and gas, palm oil and
rubber - remain a significant driver of the economy. As an oil and gas
exporter, Malaysia has profited from higher world energy prices, although the
rising cost of domestic gasoline and diesel fuel, combined with strained
government finances, has forced Kuala Lumpur to begin to reduce government
subsidies. The government is also trying to lessen its dependence on state oil
producer Petronas. The oil and gas sector supplies about 35% of government
revenue in 2011. Bank Negera Malaysia (central bank) maintains healthy foreign
exchange reserves, and a well-developed regulatory regime has limited
Malaysia's exposure to riskier financial instruments and the global financial
crisis. Nevertheless, Malaysia could be vulnerable to a fall in commodity
prices or a general slowdown in global economic activity because exports are a
major component of GDP. In order to attract increased investment, NAJIB has
raised possible revisions to the special economic and social preferences
accorded to ethnic Malays under the New Economic Policy of 1970, but he has
encountered significant opposition, especially from Malay nationalists and
other vested interests.
Source
: CIA
|
* Adopted abbreviations : |
SC - Subject Company (the company enquired by you) |
|
|
|
|
N/A - Not Applicable |
|
REGISTRATION NO. |
: |
960587-U |
|
COMPANY NAME |
: |
EMERALD ESSENCE
SDN. BHD. |
|
FORMER NAME |
: |
N/A |
|
INCORPORATION DATE |
: |
19/09/2011 |
|
COMPANY STATUS |
: |
EXIST |
|
LEGAL FORM |
: |
PRIVATE LIMITED (LIMITED BY SHARE) |
|
LISTED STATUS |
: |
NO |
|
|
|
|
|
REGISTERED ADDRESS |
: |
30-A, JALAN 17/155C, BANDAR BUKIT JALIL,
57000 KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA. |
|
BUSINESS ADDRESS |
: |
30-A, JALAN 17/155C, BANDAR BUKIT JALIL,
57000 KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA. |
|
TEL.NO. |
: |
N/A |
|
FAX.NO. |
: |
N/A |
|
HP.NO. |
: |
0162211051 |
|
CONTACT PERSON |
: |
ZAINUDIN BIN KOMING ( MANAGING DIRECTOR ) |
|
|
|
|
|
INDUSTRY CODE |
: |
68101 |
|
PRINCIPAL ACTIVITY |
: |
GENERAL TRADING, LAND & PROPERTY
INVESTMENT AND INVESTMENT HOLDING |
|
AUTHORISED CAPITAL |
: |
MYR 100,000.00 DIVIDED INTO |
|
ISSUED AND PAID UP CAPITAL |
: |
MYR 2.00 DIVIDED INTO |
|
|
|
|
|
SALES |
: |
N/A |
|
NET WORTH |
: |
MYR <4,190> [2012] |
|
STAFF STRENGTH |
: |
N/A |
|
LITIGATION |
: |
CLEAR |
|
DEFAULTER CHECK |
: |
CLEAR |
|
FINANCIAL CONDITION |
: |
N/A |
|
PAYMENT |
: |
N/A |
|
MANAGEMENT CAPABILITY |
: |
WEAK |
|
COMMERCIAL RISK |
: |
N/A |
|
CURRENCY EXPOSURE |
: |
N/A |
|
GENERAL REPUTATION |
: |
POOR |
|
INDUSTRY OUTLOOK |
: |
MARGINAL GROWTH |
|
PROPOSED CREDIT LIMIT |
: |
NIL |
The SC is a private limited company and is allowed to have a minimum of one and a maximum of forty-nine shareholders. As a private limited company, the SC must have at least two directors. A private limited company is a separate legal entity from its shareholders. As a separate legal entity, the SC is capable of owning assets, entering into contracts, sue or be sued by other companies. The liabilities of the shareholders are to the extent of the equity they have taken up and the creditors cannot claim on shareholders' personal assets even if the SC is insolvent. The SC is governed by the Companies Act, 1965 and the company must file its annual returns, together with its financial statements with the Registrar of Companies.
The SC is principally engaged in the (as a / as an) general trading, land & property investment and investment holding.
The SC is not listed on Bursa Malaysia (Malaysia Stock Exchange).
The major shareholder(s) of the SC are shown as follows :
Name |
Address |
IC/PP/Loc No |
Shareholding |
(%) |
|
MS. NORAINI
BINTI ABDULLAH + |
274-3 BLOK 2,
FLAT SRI LABUAN, BANDAR TUN RAZAK, CHERAS, 56000 KUALA LUMPUR, WILAYAH
PERSEKUTUAN, MALAYSIA. |
670201-08-5358
A0699751 |
1.00 |
50.00 |
|
MR. ZAINUDIN BIN
KOMING + |
274-3 BLOK 2,
FLAT SRI LABUAN, BANDAR TUN RAZAK, CHERAS, 56000 KUALA LUMPUR, WILAYAH
PERSEKUTUAN, MALAYSIA. |
610406-04-5275 |
1.00 |
50.00 |
|
|
|
|
--------------- |
------ |
|
|
|
|
2.00 |
100.00 |
|
|
|
|
============ |
===== |
+ Also Director
DIRECTOR 1
|
Name Of Subject |
: |
MS. NORAINI BINTI ABDULLAH |
|
Address |
: |
274-3 BLOK 2, FLAT SRI LABUAN, BANDAR TUN RAZAK, CHERAS, 56000 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA. |
|
IC / PP No |
: |
A0699751 |
|
New IC No |
: |
670201-08-5358 |
|
Date of Birth |
: |
01/02/1967 |
|
Nationality |
: |
MALAYSIAN |
DIRECTOR 2
|
Name Of Subject |
: |
MR. ZAINUDIN BIN KOMING |
|
Address |
: |
274-3 BLOK 2, FLAT SRI LABUAN, BANDAR TUN RAZAK, CHERAS, 56000 KUALA
LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA. |
|
New IC No |
: |
610406-04-5275 |
|
Date of Birth |
: |
06/04/1961 |
|
Nationality |
: |
MALAYSIAN |
|
1) |
Name of Subject |
: |
ZAINUDIN BIN KOMING |
|
|
Position |
: |
MANAGING DIRECTOR |
|
Auditor |
: |
RICHARD HO & ASSOCIATES |
|
Auditor' Address |
: |
11-1-1, JALAN 3/62D, MEDAN PUTRA BUSINESS CENTRE, BANDAR SRI
MENJALARA, 52200 KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA. |
|
1) |
Company Secretary |
: |
MS. LEE SU JANE |
|
|
IC / PP No |
: |
A3333337 |
|
|
New IC No |
: |
760129-14-5596 |
|
|
Address |
: |
48, JALAN 52/26, TAMAN SRI RAMPAI, 53300 KUALA LUMPUR, WILAYAH
PERSEKUTUAN, MALAYSIA. |
No Banker found in our databank.
No encumbrance was found in our databank at the time of
investigation.
* A check has been
conducted in our databank againt the SC whether the subject has been involved
in any litigation. Our databank consists of 99% of the wound up companies in
Malaysia.
No legal action was found in our databank.
No winding up petition was found in our databank.
* We have checked through the SC in our
defaulters' database which comprised of debtors that have been blacklisted by
our customers and debtors that have been placed or assigned to us for
collection since 1990. Information was provided by third party where the debt
amount can be disputed. Please check with creditors for confirmation as alleged
debts may have been paid since recorded or are being disputed.
No blacklisted record & debt collection
case was found in our defaulters' databank.
|
SOURCES OF RAW MATERIALS: |
||
|
Local |
: |
N/A |
|
Overseas |
: |
N/A |
The SC refused to disclose its supplier.
|
Local |
: |
N/A |
|
|
|
|
|
Overseas |
: |
N/A |
The SC refused to disclose its clientele.
|
Branch |
: |
NO
|
Other Information:
The SC is principally engaged in the (as a / as an) general trading, land &
property investment and investment holding.
The SC refused to disclose its business operation.
No projects found in our databank
Latest fresh investigations carried out on the SC indicated that :
|
Telephone Number Provided By Client |
: |
N/A |
|
Current Telephone Number |
: |
0162211051 |
|
Match |
: |
N/A |
|
|
|
|
|
Address Provided by Client |
: |
NO 30 A JALAN 17/155 C BANDAR BUKIT JALIL 5700 KUACHLSMUR |
|
Current Address |
: |
30-A, JALAN 17/155C, BANDAR BUKIT JALIL, 57000 KUALA LUMPUR, WILAYAH
PERSEKUTUAN, MALAYSIA. |
|
Match |
: |
NO |
|
|
|
|
|
Latest Financial Accounts |
: |
YES |
Other Investigations
On 25th April 2013 we contacted Mr. Lovelish, the person incharge for SC,
however he just provide limited information on SC.
The SC only can be contacted via Mr. Lovelish's mobile phone at 016-2211051.
The address provided is incomplete.
The SC has commence its business operation in 2013.
The SC refused to disclose its number of employees.
|
Overall Assessment : |
||||||
|
The SC's turnover figure was nil as it has yet to commence its
business operation during the financial year. Hence, we are unable to further
comment on the SC's financial health. |
||||||
|
|
|
|
|
|
|
|
|
Overall financial condition of the SC : N/A |
||||||
|
Major Economic Indicators: |
2009 |
2010 |
2011 |
2012* |
2013** |
|
|
|
|
|
|
|
|
Population ( Million) |
28.13 |
28.35 |
28.70 |
29.30 |
29.80 |
|
Gross Domestic Products ( % ) |
<0.5> |
7.2 |
5.1 |
5.6 |
5.3 |
|
Domestic Demand ( % ) |
2.9 |
6.3 |
8.2 |
9.4 |
5.6 |
|
Private Expenditure ( % ) |
<2.7> |
8.1 |
8.2 |
8.0 |
7.4 |
|
Consumption ( % ) |
0.7 |
6.7 |
7.1 |
1.0 |
5.7 |
|
Investment ( % ) |
<17.2> |
17.7 |
12.2 |
11.7 |
13.3 |
|
Public Expenditure ( % ) |
5.2 |
3.8 |
8.4 |
13.3 |
1.2 |
|
Consumption ( % ) |
3.1 |
0.2 |
16.1 |
11.3 |
<1.2> |
|
Investment ( % ) |
8.0 |
2.8 |
<0.3> |
15.9 |
4.2 |
|
|
|
|
|
|
|
|
Balance of Trade ( MYR Million ) |
89,650 |
118,356 |
116,058 |
106,300 |
110,700 |
|
Government Finance ( MYR Million ) |
<28,450> |
<40,482> |
<45,511> |
<42,297> |
<39,993> |
|
Government Finance to GDP / Fiscal Deficit ( % ) |
<4.8> |
<5.6> |
<5.4> |
<4.5> |
<4.0> |
|
Inflation ( % Change in Composite CPI) |
<5.2> |
5.1 |
3.1 |
1.6 |
2.5 |
|
Unemployment Rate |
4.5 |
3.9 |
3.3 |
3.2 |
3.0 |
|
|
|
|
|
|
|
|
Net International Reserves ( MYR Billion ) |
331 |
329 |
415 |
427 |
- |
|
Average Risk-Weighted Capital Adequacy Ratio ( % ) |
2.87 |
2.20 |
3.50 |
2.20 |
- |
|
Average 3 Months of Non-performing Loans ( % ) |
11.08 |
15.30 |
14.80 |
14.70 |
- |
|
Average Base Lending Rate ( % ) |
5.53 |
6.30 |
6.60 |
6.53 |
- |
|
Business Loans Disbursed( % ) |
10.5 |
14.7 |
15.3 |
32.2 |
- |
|
Foreign Investment ( MYR Million ) |
22,156.8 |
22,517.9 |
23,546.1 |
26,230.4 |
- |
|
Consumer Loans ( % ) |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
Registration of New Companies ( No. ) |
41,578 |
44,148 |
45,455 |
45,441 |
- |
|
Registration of New Companies ( % ) |
<0.1> |
6.2 |
3.0 |
<0.0> |
- |
|
Liquidation of Companies ( No. ) |
39,075 |
25,585 |
132,476 |
- |
- |
|
Liquidation of Companies ( % ) |
39.6 |
<34.5> |
417.8 |
- |
- |
|
|
|
|
|
|
|
|
Registration of New Business ( No. ) |
312,581 |
271,414 |
284,598 |
324,761 |
- |
|
Registration of New Business ( % ) |
- |
- |
- |
- |
- |
|
Business Dissolved ( No. ) |
19,345 |
19,738 |
20,121 |
- |
- |
|
Business Dissolved ( % ) |
2.4 |
2.0 |
1.9 |
- |
- |
|
|
|
|
|
|
|
|
Sales of New Passenger Cars (' 000 Unit ) |
486.3 |
543.6 |
535.1 |
552.2 |
- |
|
Cellular Phone Subscribers ( Million ) |
30.1 |
32.8 |
35.3 |
38.5 |
- |
|
Tourist Arrival ( Million Persons ) |
23.6 |
24.6 |
24.7 |
25.0 |
- |
|
Hotel Occupancy Rate ( % ) |
58.0 |
63.0 |
60.6 |
62.4 |
- |
|
|
|
|
|
|
|
|
Credit Cards Spending ( % ) |
12.8 |
14.1 |
15.6 |
12.6 |
- |
|
Bad Cheque Offenders (No.) |
36,667 |
33,568 |
32,627 |
26,982 |
- |
|
Individual Bankruptcy ( No.) |
16,228 |
18,119 |
19,167 |
19,575 |
- |
|
Individual Bankruptcy ( % ) |
16.7 |
11.7 |
5.8 |
2.1 |
- |
|
INDUSTRIES ( % of Growth ): |
2009 |
2010 |
2011 |
2012* |
2013** |
|
|
|
|
|
|
|
|
Agriculture |
0.4 |
2.1 |
5.9 |
0.6 |
2.4 |
|
Palm Oil |
<1.1> |
<3.4> |
10.8 |
<2.8> |
- |
|
Rubber |
<19.8> |
9.9 |
6.1 |
<0.6> |
- |
|
Forestry & Logging |
<5.9> |
<3.3> |
<7.6> |
<2.2> |
- |
|
Fishing |
5.5 |
5.6 |
2.1 |
<0.7> |
- |
|
Other Agriculture |
9.0 |
7.9 |
7.1 |
6.4 |
- |
|
Industry Non-Performing Loans ( MYR Million ) |
413.7 |
508.4 |
634.1 |
- |
- |
|
% of Industry Non-Performing Loans |
1.3 |
2.1 |
3.2 |
- |
- |
|
|
|
|
|
|
|
|
Mining |
<3.8> |
0.2 |
<5.7> |
1.5 |
2.7 |
|
Oil & Gas |
2.1 |
0.5 |
<1.7> |
- |
- |
|
Other Mining |
- |
- |
- |
- |
- |
|
Industry Non-performing Loans ( MYR Million ) |
44.2 |
49.7 |
46.5 |
- |
- |
|
% of Industry Non-performing Loans |
0.1 |
0.1 |
0.1 |
- |
- |
|
|
|
|
|
|
|
|
Manufacturing # |
<9.4> |
11.4 |
4.7 |
4.2 |
4.9 |
|
Exported-oriented Industries |
<19.0> |
12.1 |
2.8 |
4.1 |
- |
|
Electrical & Electronics |
<30.3> |
28.4 |
<4.9> |
1.6 |
- |
|
Rubber Products |
<10.1> |
25.3 |
15.4 |
3.6 |
- |
|
Wood Products |
<24.1> |
20.1 |
<4.9> |
4.6 |
- |
|
Textiles & Apparel |
<19.5> |
<0.4> |
14.8 |
<7.1> |
- |
|
Domestic-oriented Industries |
<9.8> |
16.3 |
6.5 |
8.6 |
- |
|
Food, Beverages & Tobacco |
0.2 |
3.0 |
4.2 |
- |
- |
|
Chemical & Chemical Products |
<7.7> |
16.2 |
5.5 |
9.9 |
- |
|
Plastic Products |
<9.1> |
2.4 |
3.8 |
- |
- |
|
Iron & Steel |
<32.7> |
29.3 |
2.4 |
- |
- |
|
Fabricated Metal Products |
<2.5> |
14.9 |
25.2 |
- |
- |
|
Non-metallic Mineral |
<15.5> |
20.2 |
27.1 |
6.6 |
- |
|
Transport Equipment |
<13.5> |
36.5 |
<10.4> |
13.7 |
- |
|
Paper & Paper Products |
<5.0> |
18.7 |
14.8 |
<7.8> |
- |
|
Crude Oil Refineries |
0.2 |
<11.4> |
9.3 |
- |
- |
|
Industry Non-Performing Loans ( MYR Million ) |
6,007.3 |
6,217.5 |
6,537.2 |
- |
- |
|
% of Industry Non-Performing Loans |
18.3 |
23.8 |
25.7 |
- |
- |
|
|
|
|
|
|
|
|
Construction |
5.8 |
5.1 |
4.4 |
15.5 |
11.2 |
|
Industry Non-Performing Loans ( MYR Million ) |
3,241.8 |
4,038.5 |
3,856.9 |
- |
- |
|
% of Industry Non-Performing Loans |
9.9 |
10.7 |
10.2 |
- |
- |
|
|
|
|
|
|
|
|
Services |
2.6 |
6.5 |
6.4 |
5.5 |
5.6 |
|
Electric, Gas & Water |
0.4 |
8.5 |
5.6 |
4.8 |
- |
|
Transport, Storage & Communication |
1.6 |
7.7 |
6.5 |
7.3 |
- |
|
Wholesale, Retail, Hotel & Restaurant |
2.8 |
4.7 |
5.2 |
6.9 |
- |
|
Finance, Insurance & Real Estate |
3.8 |
6.1 |
6.3 |
6.5 |
- |
|
Government Services |
2.0 |
6.7 |
7.6 |
5.6 |
- |
|
Other Services |
4.4 |
4.2 |
5.4 |
5.7 |
- |
|
Industry Non-Performing Loans ( MYR Million ) |
6,631.3 |
7,384.6 |
6,825.2 |
- |
- |
|
% of Industry Non-Performing Loans |
20.2 |
25.7 |
23.4 |
- |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* Estimate / Preliminary |
|
|
|
|
|
|
** Forecast |
|
|
|
|
|
|
# Based On Manufacturing Production
Index |
|||||
|
MSIC CODE |
|
|
68101 : Buying, selling, renting and operating of self-owned or leased
real estate - residential buildings |
|
|
|
|
|
INDUSTRY : |
PROPERTY DEVELOPMENT |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OVERALL INDUSTRY OUTLOOK : Marginal Growth |
|
|
|
|
|
|
|
|
|
|
|
|
THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH MALAYSIAN
FINANCIAL REPORTING STANDARDS(FRS) |
|
EMERALD ESSENCE SDN. BHD. |
|
Financial Year End |
30/09/2012 |
|
Months |
12 |
|
Consolidated Account |
Company |
|
Audited Account |
YES |
|
Unqualified Auditor's Report (Clean Opinion) |
YES |
|
Financial Type |
FULL |
|
Currency |
MYR |
|
|
|
|
PROFIT/(LOSS) FROM OPERATIONS |
<4,192> |
|
|
---------------- |
|
PROFIT/(LOSS) BEFORE TAXATION |
<4,192> |
|
|
---------------- |
|
PROFIT/(LOSS) AFTER TAXATION |
<4,192> |
|
|
---------------- |
|
RETAINED PROFIT/(LOSS) BROUGHT FORWARD |
|
|
|
---------------- |
|
PROFIT AVAILABLE FOR APPROPRIATIONS |
<4,192> |
|
|
---------------- |
|
RETAINED PROFIT/(LOSS) CARRIED FORWARD |
<4,192> |
|
|
============= |
|
EMERALD ESSENCE SDN. BHD. |
|
CURRENT ASSETS |
|
|
Cash & bank balances |
2 |
|
|
---------------- |
|
TOTAL CURRENT ASSETS |
2 |
|
|
---------------- |
|
TOTAL ASSET |
2 |
|
|
============= |
|
|
|
|
CURRENT LIABILITIES |
|
|
Other creditors & accruals |
1,280 |
|
Amounts owing to director |
2,912 |
|
|
---------------- |
|
TOTAL CURRENT LIABILITIES |
4,192 |
|
|
---------------- |
|
NET CURRENT ASSETS/(LIABILITIES) |
<4,190> |
|
|
---------------- |
|
TOTAL NET ASSETS |
<4,190> |
|
|
============= |
|
|
|
|
SHARE CAPITAL |
|
|
Ordinary share capital |
2 |
|
|
---------------- |
|
TOTAL SHARE CAPITAL |
2 |
|
|
|
|
RESERVES |
|
|
Retained profit/(loss) carried forward |
<4,192> |
|
|
---------------- |
|
TOTAL RESERVES |
<4,192> |
|
|
|
|
|
---------------- |
|
SHAREHOLDERS' FUNDS/EQUITY |
<4,190> |
|
|
|
|
|
---------------- |
|
|
<4,190> |
|
|
============= |
|
EMERALD ESSENCE SDN. BHD. |
|
TYPES OF FUNDS |
|
|
Cash |
2 |
|
Net Liquid Funds |
2 |
|
Net Liquid Assets |
<4,190> |
|
Net Current Assets/(Liabilities) |
<4,190> |
|
Net Tangible Assets |
<4,190> |
|
Net Monetary Assets |
<4,190> |
|
BALANCE SHEET ITEMS |
|
|
Total Borrowings |
0 |
|
Total Liabilities |
4,192 |
|
Total Assets |
2 |
|
Net Assets |
<4,190> |
|
Net Assets Backing |
<4,190> |
|
Shareholders' Funds |
<4,190> |
|
Total Share Capital |
2 |
|
Total Reserves |
<4,192> |
|
LIQUIDITY (Times) |
|
|
Cash Ratio |
0.00 |
|
Liquid Ratio |
0.00 |
|
Current Ratio |
0.00 |
|
WORKING CAPITAL CONTROL (Days) |
|
|
Stock Ratio |
0 |
|
Debtors Ratio |
0 |
|
Creditors Ratio |
0 |
|
SOLVENCY RATIOS (Times) |
|
|
Gearing Ratio |
0.00 |
|
Liabilities Ratio |
<1.00> |
|
Times Interest Earned Ratio |
0.00 |
|
Assets Backing Ratio |
<2,095.00> |
|
PERFORMANCE RATIO (%) |
|
|
Operating Profit Margin |
0.00 |
|
Net Profit Margin |
0.00 |
|
Return On Net Assets |
100.05 |
|
Return On Capital Employed |
100.05 |
|
Return On Shareholders' Funds/Equity |
100.05 |
|
Dividend Pay Out Ratio (Times) |
0.00 |
|
NOTES TO ACCOUNTS |
|
|
Contingent Liabilities |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.17 |
|
|
1 |
Rs.82.99 |
|
Euro |
1 |
Rs.70.62 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
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.