|
Report No. : |
344528 |
|
Report Date : |
10.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
CATIVA TEXTIL INDUSTRIA E COMERCIO LTDA |
|
|
|
|
Registered Office : |
Rua Hermann Ehlert, 320 - Centro, Caixa Postal: 160, 89107-000 - Pomerode/Sc |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
30.06.2015 |
|
|
|
|
Date of Incorporation : |
01.09.1988 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of Textiles |
|
|
|
|
No. of Employees : |
823 |
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 : |
Good |
|
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) |
|
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. Since 2008, Brazil became a net
external creditor and all three of the major 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.
After reaching historic lows of 4.5% in early 2014, the unemployment rate
remains low, but is rising. Brazil's traditionally high level of income
inequality has declined for each of the last 15 years. GDP growth has slowed
since 2011, due to several factors, including: overdependence on exports of raw
commodities, low productivity, high operational costs, persistently high
inflation, and low levels of investment. Brazil’s fiscal and current account
balances have eroded during the past four years as the government attempted to
boost economic growth through targeted tax cuts for industry and incentives to
spur household consumption. After winning re-election in October 2014 by a
historically narrow margin, President Dilma ROUSSEFF appointed a new economic
team led by Finance Minister Joaquim LEVY, who introduced a fiscal austerity
package intended to restore the primary account surplus to 1.2% of GDP and
preserve the country’s investment-grade sovereign credit rating. Brazil seeks
to strengthen its workforce and its economy over the long run by imposing local
content and technology transfer requirements on foreign businesses, by
investing in education through social programs such as Bolsa Familia and the
Brazil Science Mobility Program, and by investing in research in the areas of
space, nanotechnology, healthcare, and energy.
|
Source
: CIA |
CATIVA
TEXTIL INDUSTRIA E COMERCIO LTDA
ADDRESSES:
|
|
MAIN ADDRESS: |
RUA HERMANN EHLERT,320 - CENTRO, CAIXA POSTAL: 160 |
|
ZIP CODE/CITY: |
89107-000 - POMERODE/SC |
|
|
|
|
PHONE: |
47 3387-9999 |
|
FAX: |
47 3387-9999 |
|
E-MAIL: |
isolete.financas@cativa.com.br |
|
WEB SITE: |
www.cativa.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA 15 DE NOVEMBRO,3113 - CENTRO |
|
ZIP CODE/CITY: |
89107-000 POMERODE/SC |
|
CNPJ: |
80.959.513/0004-06 |
LEGAL
DATA:
|
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF TEXTILES |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
01/09/1988 |
|
REGISTER DATE: |
01/09/1988 |
|
BALANCE SHEET FILING DATE: |
12/31 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
80.959.513/0001-63 |
|
STATE REGISTER: |
251.735.346 |
|
|
|
|
SHARE CAPITAL: |
R$ 1.404.995,00 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
GILMAR ROGERIO SPRUNG |
PRESIDENT DIRECTOR |
|
VALCI MARCIA SPRUNG KREUTZFELD |
VICE-PRESIDENT DIRECTOR |
|
CATIA MARIA SPRUNG |
COMMERCIAL DIRECTOR |
AUTHORIZED
USE OF SIGNATURE:
|
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
GILMAR ROGERIO SPRUNG |
R$ 1,00 |
|
FENIX PARTICIPACOES LTDA |
R$ 1.404.994,00 |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
A SCAN THROUGH
OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR DIRECTORS HAS/HAVE THE FOLLOWING
UNCONFIRMED HOLDINGS: |
|
|
CATIVA BENEFICIAMENTOS TEXTEIS LTDA. |
|
COMPANY'S
BACKGROUND:
|
|
THE SUBJECT WAS ESTABLISHED ON SEPTEMBER 01, 1988 TO BE ENGAGED IN THE
SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL
SCENE REPORTED HEREIN. THE COMPANY OPERATES WITH THE TRADE NAME " CATIVA". PARTNERS: FENIX PARTICIPACOES LTDA: HEADQUARTERED AT RUA LUIZ ABRY 454, SALA B,
POMERODE/SC / REGISTRATION # CNPJ: 09.911.601/0001-20. GILMAR ROGERIO SPRUNG: BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS CPF
421.396.359-49, RG 1.393.437 SSP/SP, RESIDENTIAL ADDRESS AT RUA HERMANN SCHWANKE
355, POMERODE/SC. FURTHER DETAILS ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
PROTESTS: |
|
2 PROTESTS,TOTAL AMOUNT R$
688,64 |
|
DETAILS OF LATEST PROTESTS: |
|
NOTARY OFFICE: |
DATE: |
VALUE: |
|
CARTÓRIO DE MARILANDIA DO SUL-PR |
08/05/2015 |
R$ 344,32 |
|
CARTÓRIO DE MARILANDIA DO SUL-PR |
14/04/2015 |
R$ 344,32 |
FINANCIAL
INFORMATION:
|
|
GENERAL BALANCE SHEETS AS OF 30/06/2015, 31/12/2014 AND 31/12/2013. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
30/06/2015 |
31/12/2014 |
31/12/2013 |
|
|
|
|
|
|
CASH AND BANKS |
4.879.034,00 |
6.174.078,00 |
11.970.820,00 |
|
INVESTMENTS |
1.030.353,00 |
3.974.754,00 |
7.070.802,00 |
|
CLIENTS |
82.517.941,00 |
73.581.404,00 |
60.107.847,00 |
|
INVENTORY |
36.657.377,00 |
32.896.862,00 |
27.255.123,00 |
|
RECOVERABLE TAXES |
150.550,00 |
2.461.917,00 |
1.241.629,00 |
|
ADVANCES |
14.242.074,00 |
17.190.182,00 |
14.779.583,00 |
|
OTHER |
1.893.085,00 |
2.734.189,00 |
2.973.082,00 |
|
PREPAID EXPENSES |
1.975.519,00 |
2.263.532,00 |
1.098.181,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
143.345.933,00 |
141.276.918,00 |
126.497.067,00 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
RECOVERABLE TAXES |
1.600.717,00 |
1.656.267,00 |
1.050.310,00 |
|
JUDICIAL DEPOSITS |
783.408,00 |
784.813,00 |
591.899,00 |
|
DEFERRED TAXES |
414.373,00 |
414.373,00 |
598.579,00 |
|
PRE PAID EXPENSES |
2.652.895,00 |
2.865.466,00 |
3.575.374,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
5.451.393,00 |
5.720.919,00 |
5.816.162,00 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
26.630.251,00 |
26.681.797,00 |
17.349.815,00 |
|
FIXED ASSETS |
19.883.178,00 |
19.969.414,00 |
15.779.082,00 |
|
DEFERRED |
11.504.453,00 |
11.648.684,00 |
12.016.114,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
58.017.882,00 |
58.299.895,00 |
45.145.011,00 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
206.815.208,00 |
205.297.732,00 |
177.458.240,00 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
30/06/2015 |
31/12/2014 |
31/12/2013 |
|
|
|
|
|
|
SUPPLIERS |
28.403.644,00 |
23.112.957,00 |
15.296.743,00 |
|
LOANS AND FINANCING |
41.592.181,00 |
43.317.792,00 |
35.592.484,00 |
|
SALARY, TAXES & CONTRIB. |
659.161,00 |
670.834,00 |
559.633,00 |
|
LABOR PROVISIONS |
2.820.385,00 |
1.994.959,00 |
2.286.913,00 |
|
FISCAL RECOVERY PROGRAM - REFIS |
469.145,00 |
469.145,00 |
469.145,00 |
|
TRIBUTARY OBLIGATIONS |
3.112.710,00 |
2.506.497,00 |
4.567.294,00 |
|
ROYALITES PAYABLE |
1.628.523,00 |
1.853.175,00 |
1.044.197,00 |
|
OTHER |
1.069.317,00 |
1.051.647,00 |
8.905.542,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
79.755.066,00 |
74.977.006,00 |
68.721.951,00 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
58.368.824,00 |
61.311.102,00 |
50.740.463,00 |
|
FISCAL RECOVERY PROGRAM - REFIS |
3.101.287,00 |
3.368.281,00 |
3.949.383,00 |
|
DEFERRED TAXES |
3.911.514,00 |
3.960.553,00 |
4.080.446,00 |
|
OTHER |
2.615.289,00 |
3.592.640,00 |
3.590.289,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
67.996.914,00 |
72.232.576,00 |
62.360.581,00 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
1.404.995,00 |
1.404.995,00 |
1.404.995,00 |
|
CAPITAL RESERVES |
5.265,00 |
5.265,00 |
5.265,00 |
|
OTHER COMPREHENSIVE INCOME |
11.504.453,00 |
11.648.684,00 |
12.015.982,00 |
|
OTHER |
-3.911.514,00 |
-3.960.553,00 |
-4.080.446,00 |
|
ACCRUED PROFIT (LOSS) |
50.060.029,00 |
48.989.759,00 |
37.029.912,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
59.063.228,00 |
58.088.150,00 |
46.375.708,00 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
206.815.208,00 |
205.297.732,00 |
177.458.240,00 |
|
PROFIT AND LOSS ACCOUNTS AS OF 30/06/2015, 31/12/2014 AND 31/12/2013. |
|
( FIGURES ARE IN REAIS ). |
|
|
30/06/2015 |
31/12/2014 |
31/12/2013 |
|
|
|
|
|
|
GROSS SALES |
113.484.494,00 |
235.813.441,00 |
216.315.662,00 |
|
(-) TAXES ON SALES |
17.048.584,00 |
35.423.129,00 |
32.452.018,00 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
96.435.910,00 |
200.390.312,00 |
183.863.644,00 |
|
(-) COST OF SOLD GOODS |
59.660.530,00 |
128.102.154,00 |
108.346.283,00 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
36.775.380,00 |
72.288.158,00 |
75.517.361,00 |
|
OPERATING REVENUE (EXPENSE) |
-28.201.898,00 |
-55.819.008,00 |
-48.429.963,00 |
|
FINANCIAL REVENUE(EXPENSE) |
-7.066.623,00 |
-12.943.267,00 |
-11.816.532,00 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
1.506.859,00 |
3.525.883,00 |
15.270.866,00 |
|
NON-OPERATING RESULT |
22.281,00 |
8.824.337,00 |
3.923.572,00 |
|
CONTRIBUTION/INCOME TAX |
-458.870,00 |
-390.373,00 |
-6.478.962,00 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
1.070.270,00 |
11.959.847,00 |
12.715.476,00 |
|
MONTHLY SALES |
|||
|
|
2014 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 8.001.337,81 |
|
|
|
FEBRUARY |
R$ 16.232.236,85 |
|
|
|
MARCH |
R$ 25.873.493,63 |
|
|
|
APRIL |
R$ 25.501.952,67 |
|
|
|
MAY |
R$ 19.096.803,05 |
|
|
|
JUNE |
R$ 13.656.904,65 |
|
|
|
JULY |
R$ 19.143.501,52 |
|
|
|
AUGUST |
R$ 28.835.013,74 |
|
|
|
SEPTEMBER |
R$ 21.971.991,35 |
|
|
|
OCTOBER |
R$ 26.789.401,76 |
|
|
|
NOVEMBER |
R$ 26.879.576,43 |
|
|
|
DECEMBER |
R$ 3.831.227,76 |
|
|
|
TOTAL |
R$
235.813.441,22 |
|
|
|
RATIOS: |
30/06/2015 |
31/12/2014 |
31/12/2013 |
|
QUICK RATIO |
1,34 |
|
1,45 |
|
1,44 |
|
|
CURRENT RATIO |
1,80 |
|
1,88 |
|
1,84 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
1,17 |
TIMES |
2,72 |
TIMES |
3,06 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
154,02 |
DAYS |
132,19 |
DAYS |
117,69 |
DAYS |
|
INVENTORY TURNOVER |
1,63 |
TIMES |
3,89 |
TIMES |
3,98 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
85,70 |
DAYS |
64,95 |
DAYS |
50,83 |
DAYS |
|
RETURN ON ASSETS |
,47 |
TIMES |
,98 |
TIMES |
1,04 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
1,63 |
TIMES |
3,45 |
TIMES |
3,96 |
TIMES |
|
NET WORTH TIE-UP |
,34 |
|
,34 |
|
,34 |
|
|
INDEBTEDNESS |
2,50 |
|
2,53 |
|
2,83 |
|
|
EQUITY RATIO |
28,56 |
% |
28,29 |
% |
26,13 |
% |
|
WORKING CAPITAL RATIO |
79,73 |
% |
88,43 |
% |
84,07 |
% |
|
GENERAL SOLVENCY |
1,40 |
|
1,39 |
|
1,35 |
|
|
RETURN ON NET EQUITY |
1,81 |
% |
20,59 |
% |
27,42 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
1,11 |
% |
5,97 |
% |
6,92 |
% |
|
GROSS PROFIT MARGIN |
38,13 |
% |
36,07 |
% |
41,07 |
% |
|
OPERATIONAL RESULT |
1,56 |
% |
1,76 |
% |
8,31 |
% |
|
SALES TURNOVER ON LIABILITIES |
1,21 |
TIMES |
2,67 |
TIMES |
2,68 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 3,85 |
- OFFICIAL RATE ON 08/10/2015 |
|
US$ 1,00 = R$ 2,65 |
- OFFICIAL RATE ON 31/12/2014 |
|
US$ 1,00 = R$ 2,34 |
- OFFICIAL RATE ON 31/12/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE ANNUAL FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING.
IT SHOWS HIGH LEVEL OF INDEBTEDNESS WHICH IS MOSTLY COMPRISED BY FINANCIAL
LIABILITIES. ON THE OTHER HAND IT IS NOTED GOOD LIQUIDITY RATIOS AND POSITIVE
WORKING CAPITAL AMOUNT. IN ADDITION THE COMPANY OPERATES WITH GROWING SALES
AND PROFITABILITY. THE INTERIM FIGURES FOR JUNE 2015 SHOW THAT THE INDEBTEDNESS KEEPS
HIGH BUT THE LIQUIDITY KEEPS GOOD. IN ADDITION IT IS NOTED DOWNWARD SALES
TREND BUT THE OPERATIONS ARE PROFITABLE. |
|
REAL ESTATE: |
THE PARTNERS OWN REAL ESTATE
VALUED AT R$ 4.685.500,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$
442.500,00
THE PARTNERS OWN VEHICLES
VALUED AT R$ 738.000,00
|
MACHINES: |
NOT AVAILABLE
INSURANCE:
|
|
VEHICLES / BUILDING / INVENTORY. |
BANKING
REFERENCES:
|
|
|
BRANCH/PHONE: |
|
|
BANCO BRADESCO S/A |
2656-5 47 3322-9788 |
|
|
BANCO DO BRASIL S/A |
3420-7 47 3321-2544 |
|
|
BANCO SAFRA S/A |
06700 47 2123-6630 |
|
|
BANCO SANTANDER (BRASIL) S/A |
0147 47 3144-4560 |
|
|
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:
|
|
SUBJECT IS ENGAGED IN THE MANUFACTURE AND SALE OF MESHES AND CLOTHING
ARTICLES |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
ARGENTINA, INDIA, USA, SPAN, KOREA, URUGUAY AND CHILE |
EXPORTS TO:
|
PARAGUAY, SPAIN, SURINAME, BOLIVIA, MOTEVIDEO AND USA. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
PHONE: |
|
BRASCOL COM. DE ROUPAS LTDA |
|
11 3328-1800 |
|
CASAS BAHIA COMERCIAL |
|
11 3218-3988 |
|
CHIK S CENTER MODAS LTDA |
|
11 6694-8899 |
|
CLAUDINO S/A |
|
86 3218-4030 |
|
CLAUDIO S/A |
|
86 2118-4030 |
|
COMERCIAL MANAX LTDA |
|
31 3212-8888 |
|
CONFECÇÕES ASCONA LTDA |
|
11 6693-1513 |
|
CONFECÇÕES EDIMAIS LTDA |
|
16 3371-5100 |
|
GRUPO ASKER |
|
31 3337-3994 |
|
LINS FERRÃO & CIA LTDA |
|
51 3671-4655 |
|
LOJÃO DO BEBE |
|
61 3561-0109 |
|
LOJAS BESNE CENTER LTDA |
|
11 3357-0500 |
|
LOJAS GRIPPON |
|
11 2291-9000 |
|
MYMO COM. DE ROUPAS LTDA |
|
11 3921-1689 |
|
SELLER MAGAZINE LTDA |
|
19 3231-2566 |
|
FOREIGN CLIENTS: |
COUNTRY: |
|
|
AL MATH S/A |
PARAGUAY |
|
|
COLOMBIA JEANS |
GUATEMALA |
00502 79431249 |
|
COMERCIAL ECCSA S/A |
CHILE |
|
|
COOPERATIVA BANCARIA |
URUGUAY |
598 2 915 0009 |
|
G KID MODA INFANTI SL |
SPAIN |
3465690684 |
|
HELVI |
SPAIN |
|
|
INDITEX S/A |
SPAIN |
|
|
LAS SABINAS DEL POZO AZUL S/A |
COSTA RICA |
506 240-4021 |
|
M&M ASOCIADOS |
ECUADOR |
|
|
MARCELA FEENEY PARADA DE PENA |
BOLIVIA |
|
|
ODALER |
MONTEVIDEO |
|
|
PIBA COERCIO GERAL LTDA |
ANGOLA |
244 923 292 402 |
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SUE & SAM |
USA |
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WAL MART ARGENTINA S/A |
ARGENTINA |
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STAFF: |
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THE COMPANY HAS: 823 EMPLOYEE(S) |
CONCEPT
AND FULFILMENT:
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THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1988. SO
FAR IT OPERATES WITH HIGH SCALE OF ACTIVITIES, CLEAR TRADE HISTORY AND VERY
GOOD PAYMENT BEHAVIOR. IT IS FAMILY-OWNED AND BOTH THE COMPANY AND ITS PRINCIPALS
KEEP ENJOYING GOOD REPUTATION AMONG TRADE SOURCES. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL 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. THE PROTESTS ARE IRRELEVANT. |
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MAIN SUPPLIERS: |
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DOMESTIC
SUPPLIERS: |
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PHONE: |
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AVANÇO S/A IND. COM. DE MAQUINAS |
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11 6914-4511 |
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BRASTEX S/A |
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83 2107-0500 |
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CACARI -COOPERATIVA AGROPECUARIA E INDUSTRIAL |
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44 3232-2112 |
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COATS CORRENTE |
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11 3247-8000 |
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COOPERATIVA AGROP. E INDUSTRIAL |
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44 3232-2113 |
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COTECE S/A |
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85 3215-2344 |
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INVISTA BRASIL IN. E COM. DE FIBRAS LTDA |
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11 6558-8169 |
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LINK COM. IMORTADORA E EXPORTADORA LTDA |
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47 3242-8000 |
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OMI -ZILLO -LORENZETTI S/A |
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14 3263-1233 |
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SANCRIS LINHAS E FIOS LTDA |
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47 3251-2222 |
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SIDERQUIMICA IND. COM. DE PRODUTOS QUIMICOS S/A |
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41 2105-3838 |
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SILMAQ COM. E REPRESENTAÇÕES LTDA |
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47 3321-4444 |
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TEXTIL UNIÃO S/A |
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85 3215-2344 |
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TOYOBO DO BRASIL IND. TEXTIL LTDA |
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11 5509-7830 |
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FOREIGN
SUPPLIERS: |
COUNTRY: |
PHONE: |
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LARA FASCHION LIMITED |
HONG KONG |
852 2270 8457 |
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TECHNOCRAFT INDUSTRIES LTD |
INDIA |
92 22 4098-2204 |
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WESPTEX FASHION LTD |
HONG KONG |
852 3420-4800 |
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YUN JIN CORPORATION |
KOREA |
82 2 715 0452 |
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PAYMENT HISTORY: |
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30 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 38.137.957,00 |
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AMOUNT OF INVOICES PAID: 2569 |
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TOTAL OF PROMPT PAYMENTS: 99,2% |
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TOTAL OF DELAYED PAYMENTS: 0,8% |
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HIGHEST INVOICE: R$ 232.397,00 |
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HIGHEST CREDIT: R$ 232.397,00 |
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--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
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DUE WITHIN 30 DAYS |
8 |
162 |
R$ 6.260.025,25 |
|
DUE WITHIN 60 DAYS |
5 |
99 |
R$ 4.483.066,95 |
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DUE WITHIN 90 DAYS |
3 |
15 |
R$ 1.240.199,80 |
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ALL |
2 |
19 |
R$ 2.141.332,94 |
FINAL
OPINION:
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THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL
YEARS. UP TO DATE IT HAS A SATISFACTORY FINANCIAL STANDING, A CLEAR TRADE
HISTORY AND EXCELLENT PAYMENT PERFORMANCE. 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.64.78 |
|
|
1 |
Rs.99.54 |
|
Euro |
1 |
Rs.73.08 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
-- |
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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.