MIRA INFORM REPORT

 

 

Report No. :

331895

Report Date :

13.07.2015

 

IDENTIFICATION DETAILS

 

Name :

DUC GIANG CHEMICALS AND DETERGENT POWDER JSC

 

 

Formerly Known As :

DUC GIANG CHEMICAL CO

 

 

Registered Office :

18, Lane 44, Duc Giang St Thuong Thanh Ward, Long Bien Dist, Hanoi

 

 

Country :

Vietnam

 

 

Financials (as on) :

2015

 

 

Date of Incorporation :

22.12.2011

 

 

Legal Form :

Public Listed Company

 

 

Line of Business :

Manufacturer of Chemicals

 

 

No. of Employee :

235

 

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Vietnam

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

VIETNAM - ECONOMIC OVERVIEW

 

Vietnam is a densely-populated developing country that has been transitioning from the rigidities of a centrally-planned economy since 1986. Vietnamese authorities have reaffirmed their commitment to economic modernization in recent years. Vietnam joined the World Trade Organization in January 2007, which has promoted more competitive, export-driven industries . Vietnam became an official negotiating partner in the Trans-Pacific Partnership trade agreement in 2010. Agriculture's share of economic output has continued to shrink from about 25% in 2000 to 18% in 2014, while industry's share increased from 36% to 38% in the same period. State-owned enterprises account for about 40% of GDP. Poverty has declined significantly, and Vietnam is working to create jobs to meet the challenge of a labor force that is growing by more than one million people every year. The global recession hurt Vietnam's export-oriented economy, with GDP in 2014 growing at 5.4%, one of the slower growth rates since 1999. Exports have grown strongly in 2013-14; several administrative actions brought the trade deficit back into balance. Between 2008 and 2011, Vietnam's managed currency, the dong, was devalued in excess of 20%, but its value has remained relatively stable since then. Hanoi has oscillated between promoting growth and emphasizing macroeconomic stability in recent years. In February 2011, the government shifted from policies aimed at achieving a high rate of economic growth, which had stoked inflation, to those aimed at stabilizing the economy, through tighter monetary and fiscal control. Although Vietnam unveiled a broad, "three pillar" economic reform program in early 2012, proposing the restructuring of public investment, state-owned enterprises, and the banking sector, Hanoi’s progress in meeting its goals is lagging behind its proposed schedule. Vietnam's economy continues to face challenges from an undercapitalized banking sector and non-performing loans weigh heavily on banks and businesses. Vietnam is a member of the 12-nation Trans-Pacific Partnership free trade agreement negotiations.

 

Source : CIA

REGISTERED NAME & COMPANY SUMMARY

 

Company Details

Organization Name

:

DUC GIANG CHEMICALS AND DETERGENT POWDER JSC

Address

:

18, Lane 44, Duc Giang St Thuong Thanh Ward, Long Bien Dist, Hanoi

Country

:

Vietnam

Phone (S)

:

[+84] 4-38271620

Facsimile

:

[+84] 4-38271068

Email

:

ducgiangchemco@hn.vnn.vn

Website

:

http://www.ducgiangchem.vn

Primary Business Activity

:

Manufacturer

Key Industry

:

Chemicals

 

Key Facts

Registered Legal Address

:

18, Lane 44, Duc Giang St Thuong Thanh Ward, Long Bien Dist, Hanoi

Operational Address

:

18, Lane 44, Duc Giang St Thuong Thanh Ward, Long Bien Dist, Hanoi

Trading Name

:

DGC

Name History

:

Business Entity Name

Effective Date

DUC GIANG CHEMICAL CO

11 Jun, 1996

DUC GIANG CHEMICALS AND DETERGENT POWDER JSC

5 Mar, 2004

Issuing Authority

:

DEPARTMENT OF PLANNING & INVESTMENT - Hanoi

License Number

:

0101452588

License Status

:

License exists - Normal.

Legal Form - Category

:

Public Listed Company

Legal Form

:

Joint Stock Company

Legal Form - Abbreviation

:

JSC

Operational Status of Business

:

Normal

Date of Registration

:

22 Dec, 2011

Employees

:

235

Capital

:

US$ 15,380,762

PREVIOUS BUSINESS LICENSE/S

:

License Date

License No.

11 Jun, 1996

110973

8 Jun, 2003

135/2003/QD-BCN

13 Feb, 2004

10/2004/QD-BCN

5 Mar, 2004

0103003850

 

 

DIRECTORS/MANAGEMENT

 

Key Person

Legal Title

:

Chairman

Name

:

Mr. Huyen Huu Dao

Local Name

:

Huyền Hữu Đào

Nationality

:

Vietnamese

 

COMPANY MANAGEMENT

Management Listings

 

Name

Nationality

Job Description

Dept. / Division

1

Mr. Anh Duy Huu Dao

Vietnamese

Deputy Managing Director

-

2

Mr

 Hung Viet Dao

Vietnamese

Deputy Managing Director

-

3

Mr. Huyen Huu Dao

Vietnamese

Managing Director

-

4

Ms. Mai Thi Dao

Vietnamese

Chief Accountant

-

5

Mr. Khang Tien Nguyen

Vietnamese

Representative

-

6

Mr. Kien Van Nguyen

Vietnamese

Representative

-

7

Mr. Hung Van Pham

Vietnamese

Deputy Chief Executive Officer (CEO)

-

8

Mr. Thuyet Minh Vu

Vietnamese

Representative

-

 

Management Details - 1

Personal Unique Identifier

:

MI03709917

Name

:

Mr. Anh Duy Huu Dao

Name in local language

:

Anh Duy Hữ

 Đào

Date of Birth

:

1988

Management Details - 2

Personal Unique Identifier

:

MI03709916

Name

:

Mr. Hung Viet Dao

Name in local language

:

Hưng Việt Đào

Date of Birth

:

1977

Management Details - 3

Personal Unique Identifier

:

MI03709881

Name

:

Mr. Huyen Huu Dao

Name in local language

:

Huyền Hữu Đào

Date of Birth

:

1956

Management Details - 4

Personal Unique Identifier

:

MI03709919

Name

:

Ms. Mai Thi Dao

Name in local language

:

Mai Thị Đào

Date of Birth

:

1981

Management Details - 5

Personal Unique Identifier

:

MI03875267

Name

:

Mr. Khang Tien Nguyen

Name in local language

:

Khang Tiến Nguyễn

Management Details - 6

Personal Unique Identifier

:

MI03875270

Name

:

Mr. Kien Van Nguyen

Name in local language

:

Kiên Văn Nguyễn

Management Details - 7

Personal Unique Identifier

:

MI03875275

Name

:

Mr. Hung Van Pham

Name in local language

:

Hùng Văn Phạm

Management Details - 8

Personal Unique Identifier

:

MI03875278

Name

:

Mr. Thuyet Minh Vu

Name in local language

:

Thuyết Minh Vũ

 

COMPANY DIRECTORS

1

 

 

Personal Unique Identifier

:

MI03709917

Name

:

Mr. Anh Duy Huu Dao

Name in local language

:

Anh Duy Hữu Đào

Date of Birth

:

1988

2

 

 

Personal Unique Identifier

:

MI03709881

Name

:

Mr. Huyen Huu Dao

Name in local language

:

Huyền Hữu Đào

Date of Birth

:

1956

3

 

 

Personal Unique Identifier

:

MI03875272

Name

:

Mr. Quang Van Nguyen

4

 

 

Personal Unique Identifier

:

MI03875280

Name

:

Mr. Tam Nhat Vu

Name in local language

:

Tâm Nhất Vũ

5

 

 

Personal Unique Identifier

:

MI01485073

Name

:

Mr. The Vinh Nguyen

6

 

 

Personal Unique Identifier

:

MI03875281

Name

:

Mr. Tuan Quoc Vu

Name in local language

:

Tuấn Quốc Vũ

 

 

NEGATIVE INFORMATION

 

REPUTATION

Reference checking for the purpose of establishing DUC GIANG CHEMICALS AND DETERGENT POWDER JSC's reputation within the respective industry failed to reveal any adverse information.

 

 

NEGA-SCAN - ADVERSE DATA MONITORING

DISHONORED CHECKS

 

No Record Found

 

 

DEBT

 

No Record Found

 

 

CIVIL LITIGATION

 

No Record Found

 

 

PERFORMANCE DEFAULTS

 

No Record Found

 

 

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

 

No Record Found

 

 

SHARE & SHARE CAPITAL INFORMATION

 

CAPITAL (Currency: VND - Vietnam Dong)

Authorized Capital

:

₫ 334,993,000,000

Paid-up Capital

:

₫ 334,993,000,000

 

Date

Authorized Capital - History

11 Jun, 1996

66,000,000,000

Dec, 2012

220,000,000,000

2013

334,993,000,000

 

SHAREHOLDERS

Total number of shareholders

:

Public shareholding traded via Stock Exchange

Total number of shares

:

n/a

 

Currency

:

VND - Vietnam Dong

 

No.

Shareholders

Country

Shares

Number

Amount (VND)

%

1

Public shareholding traded via Stock Exchange

n/a

n/a

108,202,739,000

32.30

2

Mr. Huyen Huu Dao

Vietnam

n/a

87,768,166,000

26.20

3

VIETNAM NATIONAL CHEMICAL GROUP

Vietnam

n/a

66,697,106,300

19.91

4

Mr. Kha Huu Dao

Vietnam

n/a

26,363,949,100

7.87

5

Mr. Lan Ngoc Thi Ngo

Vietnam

n/a

25,995,456,800

7.76

6

Mr. Anh Duy Huu Dao

Vietnam

n/a

8,374,825,000

2.50

7

Mr. Lan Hong Thi Nguyen

Vietnam

n/a

7,369,846,000

2.20

8

Mr. Nhung Thi Pham

Vietnam

n/a

1,473,969,200

0.44

9

Mr. Hung Viet Dao

Vietnam

n/a

1,205,974,800

0.36

10

Mr. Thuyet Minh Vu

Vietnam

n/a

837,482,500

0.25

11

Mr. Quyen Thi Dao

Vietnam

n/a

234,495,100

0.07

12

Mr. Hanh Hong Dao

Vietnam

n/a

167,496,500

0.05

13

Mr. Hoa Thi Vu

Vietnam

n/a

133,997,200

0.04

14

Mr. Chau Minh Pham

Vietnam

n/a

33,499,300

0.01

15

Mr. Hien Thu Thi Dao

Vietnam

n/a

33,499,300

0.01

16

Mr. Hoc Van Dao

Vietnam

n/a

33,499,300

0.01

17

Mr. Mai Phuong Thi Nguyen

Vietnam

n/a

33,499,300

0.01

18

Ms. Mai Thi Dao

Vietnam

n/a

33,499,300

0.01

Total

n/a

334,993,000,000

100.00

 

 

 

 

PAYMENT INFORMATION

 

International Trade - Statistics  (Currency: USD - US Dollar)

Year

Imports

Exports

Total

2012

n/a

10,454,807

10,454,807

2013

n/a

8,603,909

8,603,909

2014

n/a

10,690,323

10,690,323

 

DOMESTIC SALES & PURCHASES

Annual Sales Analysis

Percentage

Domestic Sales

40%

International Sales (Export)

60%

Annual Purchases Analysis

Percentage

Local Purchases

70%

Imports

30%

 

PAYMENT TERMS

Selling

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

Export

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Received at time of transaction

Purchasing

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

Import

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Executed at time of transaction

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

LOCAL BRANCHES & MANAGEMENT

Branch

:

DUC GIANG CHEMICALS AND DETERGENT POWDER JSC - THUAN AN DIST, BINH DUONG

Branch Address

:

Dong An Industrial Zone Rd 5, Thuan An Dist, Binh Duong

 

RELATED PARTIES (Subsidiaries , Joint-ventures & Affiliates)

The following provides a summary of the number of businesses that are related to DUC GIANG CHEMICALS AND DETERGENT POWDER JSC:

 

TYPE

DOMESTIC

TOTAL

Subsidiaries

-

Joint-Ventures

-

Minority shareholdings

-

Affiliates

1

Liaison / Representative Offices

-

 

Domestic

Business Entity Name

:

VIETNAM NATIONAL CHEMICAL GROUP

Global Identifier

:

P0169778

Country

:

Vietnam

Relationship

:

Affiliate

Operational Address

:

1A Trang Tien St Trang Tien Ward, Hoan Kiem Dist, Hanoi

Primary Business Activity

:

Manufacturer

Industry

:

Chemicals

 

 

FINANCIAL INFORMATION

 

Financials - Summary  (Currency: USD - US Dollar)

Year

Turnover

Assets

Net Income

2013 Annual  

14,339,848

27,549,484

7,111,360

2014 Annual  

17,817,205

28,675,899

5,874,849

2015 1st Qtr  

4,581,684

26,531,880

385,357

 

Sales Trend – Analysis

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

-

-

-

-

-

-

-

-

http://www.asiancredit.com/Manage/image/up_arrow_04.gif

-

 

FINANCIALS - SUMMARY (Currency: USD - US Dollar)

Year

Turnover

Assets

Net Income

2011 Annual

17,162,362

14,257,321

4,217,715

2012 Annual

17,424,678

21,445,200

7,973,528

 

FINANCIAL STATEMENT - DETAILED

 

Balance Sheet

Currency

:

VND

Denomination

:

1

Financial Year Ending

:

December

Financial Highlights

2013 Annual

2014 Annual

2015 1st Qtr

Current Assets(*)

353,895,000,000

248,930,485,136

209,839,415,830

Non Current Assets(*)

227,071,000,000

357,381,252,767

368,024,928,113

Non Current Liabilities(*)

0

0

0

Share Capital(*)

334,993,000,000

334,993,660,000

334,993,660,000

Other long term assets 

Total Assets(*)

580,966,000,000

606,311,737,903

577,864,343,943

Total Liabilities(*)

39,866,000,000

75,964,956,342

55,833,972,974

Current Liabilities(*)

39,866,000,000

75,964,956,342

55,833,972,974

Long term liabilities 

Shareholders Funds(*)

541,100,000,000

530,346,781,561

522,030,370,969

 

Current assets & short term investments

353,895,000,000

248,930,485,136

209,839,415,830

Cash & cash equivalents

2,317,000,000

3,439,658,210

621,478,371

Cash

2,317,000,000

3,439,658,210

621,478,371

Short term investments

-

76,838,406,598

43,466,450,963

Short term securities investments

-

76,838,406,598

43,466,450,963

Accounts receivable

316,790,000,000

120,372,255,286

113,663,040,010

Accounts receivable trade

7,500,000,000

17,248,998,930

23,361,929,166

Trade prepayment

1,748,000,000

1,091,759,621

5,198,900,466

Others receivables

307,999,000,000

102,532,014,446

82,602,728,089

Provision for bad debts

(457,000,000)

(500,517,711)

(500,517,711)

Inventories

34,497,000,000

42,282,967,418

42,161,407,812

I. Other short term asset

291,000,000

5,997,197,624

9,927,038,674

VAT deductible

22,000,000

5,656,125,160

9,221,524,234

II. Other short term asset

269,000,000

341,072,464

673,547,860

Long term assets

227,071,000,000

357,381,252,767

368,024,928,113

Fixed assets

18,129,000,000

16,737,366,976

27,470,610,322

Tangible fixed assets

18,129,000,000

16,210,390,486

26,943,633,832

I. Cost

75,961,000,000

77,792,659,387

89,682,732,114

I. Accumulated depreciation

57,832,000,000

(61,582,268,901)

(62,739,098,282)

Construction in progress

-

526,976,490

526,976,490

Long term investments

208,279,000,000

340,281,940,000

340,281,940,000

Invest to subsidiary company

154,209,000,000

286,211,940,000

286,211,940,000

Invest to joint venture company

54,070,000,000

54,070,000,000

54,070,000,000

I. Other long term assets

663,000,000

361,945,791

272,377,791

Long term prepayments

631,000,000

330,195,791

240,627,791

II. Other long term assets

32,000,000

31,750,000

31,750,000

Total Assets

580,966,000,000

606,311,737,903

577,864,343,943

Liabilities

39,866,000,000

75,964,956,342

55,833,972,974

Current Liabilities

39,866,000,000

75,964,956,342

55,833,972,974

Accounts payables-trade

12,012,000,000

45,111,308,863

33,077,009,526

Advances from customers

3,190,000,000

1,558,398,575

1,872,325,972

Taxes and payable to state budget

5,086,000,000

7,259,130,604

3,443,674,708

Payable to employees

8,654,000,000

7,055,600,677

3,269,207,050

Accrued expenses payable

(4,000,000)

63,398,390

-

Other payables

706,000,000

720,854,831

1,567,794,830

I. Bonus and welfare funds

10,222,000,000

14,196,264,402

12,603,960,888

I. Owner's equity

541,100,000,000

530,346,781,561

522,030,370,969

II. Owner's equity

541,100,000,000

530,346,781,561

522,030,370,969

Business capital

334,993,000,000

334,993,660,000

33,499,366,000

Share capital's surplus

1,072,000,000

1,072,000,000

1,072,000,000

Shares

(2,000,000)

(2,630,000)

(2,630,000)

Business development funds

35,512,000,000

43,010,088,294

43,010,088,294

Financial reserved funds

19,098,000,000

26,596,043,953

26,596,043,953

Retained earnings

150,427,000,000

124,677,619,314

116,361,208,722

Total Resources

580,966,000,000

606,311,737,903

577,864,343,943

Note: (*)

Financial Highlights

 

Income Statement

Currency

:

VND

Denomination

:

1

Financial Year Ending

:

December

Financial Highlights

2013 Annual

2014 Annual

2015 1st Qtr

Turnover(*)

302,400,000,000

376,719,855,954

99,789,085,605

Profit (Loss) Before Tax(*)

155,067,000,000

132,297,203,163

10,780,654,369

Profit After Tax attributable to Shareholders(*)

149,965,000,000

124,215,454,889

8,393,070,408

 

Gross sales

302,400,000,000

376,719,855,954

99,789,085,605

Less deductions

164,000,000

113,960,065

-

Net income

302,236,000,000

376,605,895,889

99,789,085,605

Cost of goods sold

256,883,000,000

307,050,342,744

80,871,524,641

Gross margin

45,353,000,000

69,555,553,145

18,917,560,964

Income from financial activities

137,136,000,000

99,250,674,926

629,264,424

Expenses from financial activities

7,571,000,000

618,447,570

156,885,836

In which: Interest expenses

55,000,000

208,107,045

-

Selling expenses

22,747,000,000

25,597,989,205

6,072,424,411

General & administration expenses

11,074,000,000

10,518,964,285

2,743,141,266

Net income from operating activities

141,097,000,000

132,070,827,011

10,574,373,875

Extraordinary income

15,285,000,000

294,446,065

206,280,494

Extraordinary expenses

1,315,000,000

68,069,913

-

Extraordinary gains

13,970,000,000

226,376,152

206,280,494

Net profit before tax

155,067,000,000

132,297,203,163

10,780,654,369

Income tax

5,102,000,000

8,081,748,274

2,387,583,961

Net profit after tax

149,965,000,000

124,215,454,889

8,393,070,408

Note: (*)

Financial Highlights

 

Financial Ratios

Financial Highlights

2013 Annual

2014 Annual

2015 1st Qtr

Growth % 

Year-on-Year Growth

(16.66)

24.58

-

Profitability 

Profit Margin (%)

49.59

32.97

8.41

Return on Equity (%)

27.71

23.42

1.61

Return on Assets (%)

25.81

20.49

1.45

Leverage 

Total Debt Equity (Times)

0.07

0.14

0.11

Current Debt Equity (Times)

0.07

0.14

0.11

Total Asset To Total Equity

1.07

1.14

1.11

Asset Management 

Total Assets Turnover (Times)

0.52

0.62

0.17

Fixed Assets Turnover (Times)

1.33

1.05

0.27

Liquidity 

Current Ratio

8.88

3.28

3.76

 

 

FOREIGN EXCHANGE RATES

 

Today's Exchange rate

:

1.00 VND
Vietnam Dong

=

0.000046 USD
United States Dollars

 

 

ADDITIONAL INFORMATION

 

Report Details

Country

:

Vietnam

Business Entity Name

:

DUC GIANG CHEMICALS AND DETERGENT POWDER JSC

Primary Business Activity

:

Manufacturer

Primary Industry

:

Chemicals

Office Contact Details

Operating Address

:

18, Lane 44, Duc Giang St Thuong Thanh Ward, Long Bien Dist, Hanoi

Tel

:

[+84] 4-38271620

Fax

:

[+84] 4-38271068

Email

:

ducgiangchemco@hn.vnn.vn
cbtt.dgc@ducgiangchem.vn

Website Details

Website

:

http://www.ducgiangchem.vn

Status

:

Normal - operational

Country of Registration

:

Vietnam

Ownership Type

:

Registered ownership by Subject Business Entity

Tax / VAT Details

Tax Issuing Authority

:

Ministry of Finance

Local Name Used

:

Gia Trj Gia Tang (Value Added Tax)

Acronym

:

GTGT / VAT

GTGT / VAT Number

:

0101452588

 

 

Primary Products

Products / Materials / Services Description

Activity

Chemical products

Manufacturing, Exporting

Detergent powder

Manufacturing, Exporting

Ferrous metal product

Manufacturing, Exporting

Fertilizers

Manufacturing, Exporting

Food additives

Manufacturing, Exporting

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Chemical preparations, nspf

2899

Manufacturing, Exporting

Chemicals and Allied Products

2800

Manufacturing, Exporting

Chemicals and fertilizer minerals

1479

Manufacturing, Exporting

Rubber & Misc. Plastics

3000

Manufacturing, Exporting

Soap and other detergents, except specialty cleaners

2841

Manufacturing, Exporting

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Chemical products and preparations of the chemical or allied industries

3823905050

Manufacturing, Exporting

Fertilizers

3100

Manufacturing, Exporting

Miscellaneous chemical products

3800

Manufacturing, Exporting

Organic surf-act agents, preps & cleaning preps

3402

Manufacturing, Exporting

Phosphorus

2804700000

Manufacturing, Exporting

Plastics & articles thereof

3900

Manufacturing, Exporting

Rubbers & articles thereof

4000

Manufacturing, Exporting

Soap, organic surf-act prep for soap use, bars etc

3401

Manufacturing, Exporting

Synthetic detergents

3402901000

Manufacturing, Exporting

 

 

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY

Products / Materials / Services Description

Ranking

Activity

Minerals

Primary

Manufacturing, Exporting

Oil products

Primary

Manufacturing, Exporting

Phosphorus

Primary

Manufacturing, Exporting

Plastic

Primary

Manufacturing, Exporting

Pure chemical

Primary

Manufacturing, Exporting

Rubber

Primary

Manufacturing, Exporting

 

 

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of DUC GIANG CHEMICALS AND DETERGENT POWDER JSC is Manufacturing - Finished products.

Key products include :

Detergent powder

Chemical products

Fertilizers

Phosphorus

Plastic

Pure chemical

Rubber


An integral part of the core business includes:

Distribution

Supplementary Business

 

In addition to the core business, DUC GIANG CHEMICALS AND DETERGENT POWDER JSC also is engaged in the following areas of business:

Exporting

Exporting - Finished products

Importing

Importing - Raw materials

 

 

 

STOCK EXCHANGE LISTING DETAILS

 

Country

:

Vietnam

Name of Stock Exchange

:

Name

Acronym

HANOI STOCK EXCHANGE

HNX

Stock Symbol / No.

:

DGC

Date of listing

:

26 Aug, 2014

 

BANK DETAILS

Bank Name

:

HSBC BANK (VIETNAM) LTD

Global Identifier

:

32403760

Branch

:

District 1,Ho Chi Minh

Branch Address

:

HSBC BANK (VIETNAM) LTD - HANOI

SWIFT Code

:

HSBCVNVX

 

Bank Name

:

VIETNAM COMBANK

Global Identifier

:

32408807

Branch

:

Ho Chi Minh

Branch Address

:

HANOI

SWIFT Code

:

This bank does not have a SWIFT Code

 

#

Account Number

1

0011004077189

 

 

INTERNATIONAL TRADE - Statistics (Currency: USD - US Dollar)

Year

Imports

Exports

Total

2011

n/a

10,297,417

10,297,417

 

INTERNATIONAL TRADE - Activity & Markets

Country / Region

Estimated level of importance

Trading Activity

Asia / Pacific

High

Importing, Exporting

China

Medium

Importing

India

Medium

Exporting

Japan

Medium

Exporting

Korea, South (Republic of Korea)

Medium

Importing, Exporting

Malaysia

Medium

Exporting

Singapore

Medium

Importing

 

OFFICE & FACILITIES

 

The following information relates to the Business Entity's office as listed above:

Name

:

DUC GIANG CHEMICALS AND DETERGENT POWDER JSC - LONG BIEN DIST, HANOI

Primary Use

:

Office & Administration facilities

Address

:

18, Lane 44, Duc Giang St Thuong Thanh Ward, Long Bien Dist, Hanoi

Country

:

Vietnam

Status

:

Operational

 

 

 

COMPANY HISTORY

Date

Details

2004 - Mar

Changed its Legal form from Government Enterprise to Joint Stock Company.

 

 

 

NOTES & COMMENTS

 

N/A

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.38

UK Pound

1

Rs.97.65

Euro

1

Rs.70.43

 

INFORMATION DETAILS

 

Analysis Done by :

SAN

 

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.