|
Report Date : |
21.11.2014 |
IDENTIFICATION DETAILS
|
Name : |
GENIX - INDÚSTRIA
FARMACÊUTICA LTDA |
|
|
|
|
Registered Office : |
Via Primária 1E - Quadra 3 - S/Nº. Módulos 1 E 2 Daia |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
28.03.2001 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Subject is engaged in the manufacture and sale of pharmaceutical raw materials |
|
|
|
|
No of Employees : |
370 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BRAZIL - ECONOMIC OVERVIEW
Characterized by large and
well-developed agricultural, mining, manufacturing, and service sectors, and a rapidly
expanding middle class, Brazil's economy outweighs that of all other South
American countries, and Brazil is expanding its presence in world markets.
Since 2003, Brazil has steadily improved its macroeconomic stability, building
up foreign reserves, and reducing its debt profile by shifting its debt burden
toward real denominated and domestically held instruments. In 2008, Brazil
became a net external creditor and two ratings agencies awarded investment
grade status to its debt. After strong growth in 2007 and 2008, the onset of
the global financial crisis hit Brazil in 2008. Brazil experienced two quarters
of recession, as global demand for Brazil's commodity-based exports dwindled
and external credit dried up. However, Brazil was one of the first emerging
markets to begin a recovery. In 2010, consumer and investor confidence revived
and GDP growth reached 7.5%, the highest growth rate in the past 25 years.
Rising inflation led the authorities to take measures to cool the economy;
these actions and the deteriorating international economic situation slowed
growth in 2011-13. Unemployment is at historic lows and Brazil's traditionally
high level of income inequality has declined for each of the last 14 years.
Brazil's historically high interest rates have made it an attractive
destination for foreign investors. Large capital inflows over the past several
years have contributed to the appreciation of the currency, hurting the
competitiveness of Brazilian manufacturing and leading the government to intervene
in foreign exchange markets and raise taxes on some foreign capital inflows.
President Dilma ROUSSEFF has retained the previous administration's commitment
to inflation targeting by the central bank, a floating exchange rate, and
fiscal restraint.
|
Source
: CIA |
GENIX - INDÚSTRIA
FARMACÊUTICA LTDA
ADDRESSES
|
|
MAIN ADDRESS: |
VIA PRIMÁRIA 1E - QUADRA 3 - S/Nº. MÓDULOS 1 E 2 DAIA |
|
ZIP CODE/CITY: |
75133-660 - ANÁPOLIS/GO |
|
|
|
|
PHONE: |
62 4010-9000 |
|
E-MAIL: |
valorcontabil1@gmail.com |
|
WEB SITE: |
|
|
|
|
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA CORONEL CABRITA, 121 JARDIM DA GLÓRIA |
|
ZIP CODE/CITY: |
01545-030 SÃO PAULO/SP |
LEGAL
DATA
|
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF PHARMACEUTICALS. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
28/03/2001 |
|
REGISTER DATE: |
03/04/2001 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
04.376.121/0001-93 |
|
STATE REGISTER: |
10.338.210-0 |
|
|
|
|
SHARE CAPITAL: |
R$ 35.000.000,00 |
|
LAST REGISTER OF CAPITAL: |
01/11/2011 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
JULIO TOMIZO TANAKA |
MANAGING PARTNER |
AUTHORIZED
USE OF SIGNATURE
|
|
THE MANAGING PARTNER IS AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
||
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
|
|
JULIO TOMIZO TANAKA |
R$ 34.825.000,00 |
|
|
IVAN DA GLORIA TEIXEIRA |
R$ 175.000,00 |
|
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
A SCAN THROUGH OUTSIDE SOURCES SHOWED THE
SUBJECT AND/OR PARTNERS HAS/HAVE THE FOLLOWING UNCONFIRMED HOLDINGS: |
|
|
|
|
|
BISNAGO INDUSTRIA DE EMBALAGENS LTDA |
|
|
J.V.T. CONSTRUTORA E INCORPORADORA LTDA |
|
|
GEMINI INDUSTRIA DE INSUMOS FARMACEUTICOS LTDA |
|
|
LEVIALE COMERCIAL DE COSMÉTICOS LTDA |
|
|
LVA PARTICIPAÇÕES LTDA |
|
|
D CRIS CONFECÇÕES LTDA |
|
|
FARMACEUTICAL COML IMPORTAÇÃO E EXPORTAÇÃO LTDA |
|
COMPANY'S
BACKGROUND
|
|
THE SUBJECT WAS ESTABLISHED ON MARCH 28, 2001 TO BE ENGAGED IN THE
SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL
SCENE REPORTED HEREIN. TRADE NAME: "GENIX". PARTNERS: JULIO TOMIZO TANAKA: BRAZILIAN, MARRIED, ENTREPRENEUR, RESIDENTIAL
ADDRESS AT RUA DAS PRIMAVERAS 255, CONDOMINIO BOUGUEVILLE III, ZIP CODE
11750-000, PERUÍBE/SP, HOLDER OF DOCUMENTS RG 11.005.913 SSP-SP AND CPF
006.297.068-24; IVAN DA GLORIA TEIXEIRA: BRAZILIAN, MARRIED, ENTREPRENEUR, RESIDENTIAL
ADDRESS AT RUA 3, Nº. 483, APTO 401, CONDOMINIO SOLAR DAS ACÁCIAS, SETOR
OESTE, ZIP CODE 74115-050, GOIÂNIA/GO, HOLDER OF DOCUMENTS RG 405.390 SSP-GO
AND CPF 160.156.571-20. FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. |
PUBLIC
INFORMATION
|
|
NO DETRIMENTAL FILES WERE FOUND. |
FINANCIAL
INFORMATION
|
|
GENERAL BALANCE
SHEETS AS OF 31/12/2013, 31/12/2012 AND 31/12/2011. |
|
( FIGURES ARE IN
REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
CASH AND BANKS |
4.385.275,68 |
648.481,07 |
1.031.694,80 |
|
CLIENTS |
12.738.641,87 |
12.640.543,62 |
11.350.368,11 |
|
ADVANCE TO EMPLOYEES |
5.242,24 |
9.705,61 |
18.869,54 |
|
OTHER ADVANCES |
970.160,83 |
42.969,24 |
4.009.824,19 |
|
ACCOUNTS RECEIVABLE |
10.925.173,83 |
116.541,03 |
171.408,08 |
|
RECOVERABLE TAXES |
2.897.069,12 |
2.573.288,39 |
1.715.110,59 |
|
INVENTORY |
6.337.139,26 |
8.971.641,85 |
15.901.853,12 |
|
PRE PAID EXPENSES |
31.297,85 |
89.229,99 |
90.836,73 |
|
SHORT TERM INVESTMENTS |
|
15.606.100,14 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
38.290.000,68 |
40.698.500,94 |
34.289.965,16 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
CREDITS |
9.359.939,56 |
8.142.646,15 |
3.835.792,43 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
9.359.939,56 |
8.142.646,15 |
3.835.792,43 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
17.956.267,61 |
18.347.177,57 |
19.851.055,78 |
|
INTANGIBLE |
661.701,21 |
671.412,71 |
405.734,69 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
18.617.968,82 |
19.018.590,28 |
20.256.790,47 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
66.267.909,06 |
67.859.737,37 |
58.382.548,06 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
SUPPLIERS |
2.846.616,89 |
2.288.402,38 |
2.905.653,37 |
|
FOREIGN SUPPLIERS |
|
1.863.548,91 |
1.321.753,14 |
|
SALARIES PAYABLE |
387.795,19 |
281.372,86 |
470.941,85 |
|
SOCIAL OBLIGATIONS |
390.627,46 |
395.700,05 |
457.533,93 |
|
PROVISIONS |
532.214,46 |
1.056.056,22 |
1.069.905,73 |
|
TRIBUTARY OBLIGATIONS |
995.489,43 |
687.464,82 |
580.474,28 |
|
ACCOUNTS PAYABLE |
432.264,86 |
247.541,46 |
227.827,82 |
|
FREIGHTS PAYABLE |
19.137,81 |
31.768,04 |
35.526,01 |
|
ADVANCE FROM CLIENTS |
14.750,87 |
13.057,55 |
335.500,00 |
|
OTHER DEBTS |
396.281,98 |
314.808,62 |
537.238,32 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
6.015.178,95 |
7.179.720,91 |
7.942.354,45 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
389.925,82 |
557.036,98 |
1.750.225,63 |
|
TRIBUTARY OBLIGATIONS |
9.742.030,29 |
5.665.708,18 |
7.176.513,81 |
|
INSTALLMENTS TAXES PAYABLE |
383.884,99 |
652.958,49 |
|
|
LEASING |
11.824,57 |
7.417.310,95 |
153.718,09 |
|
GOODS FROM THIRD PARTIES |
2.569.347,13 |
|
|
|
DEFERRED REVENUE |
14.071,83 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
13.111.084,63 |
14.293.014,60 |
9.080.457,53 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
35.000.000,00 |
35.000.000,00 |
35.000.000,00 |
|
CAPITAL RESERVES |
10.895.534,08 |
10.895.534,08 |
6.000.006,36 |
|
ACCRUED PROFIT (LOSS) |
1.246.111,40 |
491.467,78 |
359.729,72 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
47.141.645,48 |
46.387.001,86 |
41.359.736,08 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
66.267.909,06 |
67.859.737,37 |
58.382.548,06 |
|
PROFIT AND LOSS
ACCOUNTS AS OF 31/12/2013, 31/12/2012 AND 31/12/2011. |
|
( FIGURES ARE IN
REAIS ). |
|
|
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
GROSS SALES |
69.479.083,79 |
70.247.089,84 |
77.839.904,62 |
|
(-) TAXES ON SALES |
14.415.552,60 |
13.110.028,71 |
12.001.060,36 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
55.063.531,19 |
57.137.061,13 |
65.838.844,26 |
|
(-) COST OF SOLD GOODS |
39.470.074,22 |
43.195.473,82 |
43.379.929,42 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
15.593.456,97 |
13.941.587,31 |
22.458.914,84 |
|
OPERATING REVENUE (EXPENSE) |
-8.349.736,05 |
-12.175.972,97 |
-15.956.638,89 |
|
FINANCIAL REVENUE(EXPENSE) |
-86.117,76 |
5.120.402,14 |
5.423.907,73 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
7.157.603,16 |
6.886.016,48 |
11.926.183,68 |
|
NON-OPERATING RESULT |
73.387,48 |
175.636,40 |
-9.291,07 |
|
CONTRIBUTION/INCOME TAX |
-2.415.020,77 |
-706.941,25 |
-2.025.893,94 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
4.815.969,87 |
6.354.711,63 |
9.890.998,67 |
|
RATIOS: |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
QUICK RATIO |
5,31 |
|
4,42 |
|
2,32 |
|
|
CURRENT RATIO |
6,37 |
|
5,67 |
|
4,32 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
4,32 |
TIMES |
4,52 |
TIMES |
5,80 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
83,28 |
DAYS |
79,64 |
DAYS |
62,06 |
DAYS |
|
INVENTORY TURNOVER |
6,23 |
TIMES |
4,81 |
TIMES |
2,73 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
25,96 |
DAYS |
19,07 |
DAYS |
24,11 |
DAYS |
|
RETURN ON ASSETS |
,83 |
TIMES |
,84 |
TIMES |
1,13 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
1,17 |
TIMES |
1,23 |
TIMES |
1,59 |
TIMES |
|
NET WORTH TIE-UP |
,38 |
|
,40 |
|
,48 |
|
|
INDEBTEDNESS |
,41 |
|
,46 |
|
,41 |
|
|
EQUITY RATIO |
71,14 |
% |
68,36 |
% |
70,84 |
% |
|
WORKING CAPITAL RATIO |
536,56 |
% |
466,85 |
% |
331,74 |
% |
|
GENERAL SOLVENCY |
3,46 |
|
3,16 |
|
3,43 |
|
|
RETURN ON NET EQUITY |
10,22 |
% |
13,70 |
% |
23,91 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
8,75 |
% |
11,12 |
% |
15,02 |
% |
|
GROSS PROFIT MARGIN |
28,32 |
% |
24,40 |
% |
34,11 |
% |
|
OPERATIONAL RESULT |
13,00 |
% |
12,05 |
% |
18,11 |
% |
|
SALES TURNOVER ON LIABILITIES |
9,15 |
TIMES |
7,96 |
TIMES |
8,29 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,59 |
- OFFICIAL RATE ON 18/11/2014 |
|
US$ 1,00 = R$ 2,34 |
- OFFICIAL RATE ON 31/12/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
US$ 1,00 = R$ 1,87 |
- OFFICIAL RATE ON 31/12/2011 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE ANNUAL FIGURES SHOW GOOD FINANCIAL STANDING. IT HAS HIGH LIQUIDITY
RATIOS AND GOOD WORKING CAPITAL, AS WELL AS LOW LEVEL OF INDEBTEDNESS. SALES
DROPPED BUT POSTED PROFIT. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 8.575.261,55
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 871.940,81
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 13.408.680,77
INSURANCE
|
|
NOT AVAILABLE. |
BANKING
REFERENCES
|
|
|
BRANCH/PHONE: |
|
|
BANCO SANTANDER (BRASIL) S/A |
62 3311-2002 |
|
|
BANCO DO BRASIL S/A |
62 3311-1633 |
|
|
BANCO ITAÚ S/A |
62 3311-1893 |
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW
PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). |
ACTIVITIES
COMMENTS
|
|
THE SUBJECT IS ENGAGED IN THE MANUFACTURE AND SALE OF PHARMACEUTICAL
RAW MATERIALS. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
COLOMBIA, CHINA, UNITED STATE, INDIA AND OTHERS. |
EXPORTS TO:
|
DOES NOT EXPORT. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
CITY: |
|
|
DROGADERMUS DROG. E FARM. DE MAIP. LTDA |
GOIÂNIA/GO |
|
|
FARMACIA IANNARELLI LTDA |
JOÃO MOLEVADE/MG |
|
|
MICROGRAMA FARM. MANIP. LIDA - ME |
RIBEIRÃO PRETO/SP |
|
|
RENATA BATAGLIA GALLI |
JUNDIAÍ/SP |
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 370 EMPLOYEE(S) |
CONCEPT
AND FULFILMENT
|
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 2001. SO
FAR IT HAS A CLEAR TRADE HISTORY AND NORMAL PAYMENT BEHAVIOR. THE COMPANY HAS TRADE RELATIONS WITH SOME SUPPLIERS IN BRAZIL. THE
SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS
ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
BIOQUÍMICA SUPRIMENTOS ANALÍTICOS LTDA |
|
16 2138-6111 |
|
DEGUSA BRASIL LTDA |
|
11 3146-4100 |
|
ELETRO RODNEY MATS. ELETRICOS LTDA |
|
62 3311-6888 |
|
EMBALAGENS BANDEIRANTES LTDA |
|
11 4061-1115 |
|
GELITA DO BRASIL S/A |
|
11 4612-8111 |
|
LOCGUEL LOC. DE EUQUIPAMENTOS PARA CONSTRUÇÃO LTDA |
|
31 3464-0166 |
|
MERCK S/A |
|
11 3346-8500 |
|
PERKIN ELMER DO BRASIL LTDA |
|
11 3868-6200 |
|
SINTEFINA IND E COM LTDA. |
|
11 4056-7887 |
|
UNI TINTAS LTDA |
|
62 3310-8600 |
|
WATERS TECHNOLOGIES DO BRASIL LTDA |
|
11 4193-6133 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
CHIBA NATIONAL AERO-TECHOLOGY IMP & EXP. XIAME CORPORATION |
CHINA |
|
|
IPCA LABORATORIES LTDA |
INDIA |
|
|
SINOCHEM JIANGSU CORPORATION |
CHINA |
|
|
PAYMENT HISTORY: |
|
06 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 44.906,00 |
|
|
|
AMOUNT OF INVOICES PAID: 20 |
|
TOTAL OF PROMPT PAYMENTS: 90,6% |
|
TOTAL OF DELAYED PAYMENTS: 9,4% |
|
|
|
HIGHEST INVOICE: R$ 6.348,00 |
|
HIGHEST CREDIT: R$ 6.348,00 |
FINAL
OPINION
|
|
THE SUBJECT HAS BEEN IN BUSINESS SINCE 2001. UP TO DATE IT HAS CLEAR
TRADE HISTORY AND NORMAL PAYMENT BEHAVIOR. BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S FINANCIAL STRENGTH. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.10 |
|
|
1 |
Rs.97.32 |
|
Euro |
1 |
Rs.77.91 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
SMN |
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.