NATIONAL CREDIT INFORMATION CENTRE OF VIETNAM - STATE BANK
OF VIET NAM
Address: No. 10 Quang Trung, Hadong Dist., Hanoi
Telephone: (+844) 33824769
Fax: (+844) 33824693
Email: ncpt@creditinfo.org.vn
Web: http://www.cicb.vn
No: ……/20xx/S56.E3
ENTERPRISE CREDIT RATING REPORT
Requesting
Organization:
Address:
Requesting Individual:
Requesting time:
(Name of credit Institution)
No….., Street……, District……., City ……, Country ……
Nguyen Tuan H
xxxx
Requesting Ref:
hh:pp - dd/mm/yy
hh:pp - dd/mm/yy
Delivery Time:
1. LEGAL INFORMATION
Native Name
Cong ty AAA
Foreign Name
AAA Company
Shorten Name
xxxxxxxxxxxx
Address
xxxxxxxxxxxx
CIC Code
xxxxxxxxxxxx
Tax Code
Telephone
xxxxxxxxxxxx
Fax
xxxxxxxxxxxx
Email
Website
xxxxxxxxxxxx
Establishment License
Granted date
xxxxxxxxxxxx
Registration No
Granted date
Issued by
Department of Planning and Investment of ………….
xxxxxxxxxxxx
Business Line
xxxxxxxxxxxx
Industry
xxxxxxxxxxxx
Number of employee
xxxxxxxxxxxx
Registered Capital
Registered Capital
Capital Structure
A: ….%; B…..% ……
Premise ownership and
xxxxxxxxxxxx
Square
description
Start year
xxxxxx
Listed year(if have)
ISO,
TQM,
QA/QC,
xxxxxx
Listed code(if have)
HACCP certificate(if have)
Operation Scale
xxxxxx
Business status
Active
Other information(if have)
Notice
xxxxxx
2. GENERAL INFORMATION
1. Domestic market
Products/Services
Market
xxxxxx
xxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
0 (USD)
xxxxxx (m2)
0
2. Export
Product
Market
Payment method
3. Import
Product
Market
Payment method
xxxxxx
xxxxxx
xxxxxx
xxxxxx
xxxxxx
xxxxxx
3. BOARD OF DIRECTORS
Name
Tran Gia Ha A
Dob
xxxxxx
Nationality
xxxxxx
Position
Director
Year of Experience
xxxxxx
Qualification
xxxxxx
4. THE PARENT COMPANY, BRANCHES, SUBSIDIARY AND AFFILIATE
4.1. The parent company
xxxxxx
Native Name
xxxxxx
Foreign Name
xxxxxx
Shorten Name
xxxxxx
Address
xxxxxx
Telephone
xxxxxx
Email
xxxxxx
Tax code
xxxxxx
Registration No
The ratio of capital contribution
xxxxxx
in the Enterprise
4.2. Branches and representative offices information
No
Name of branches and representative offices
1 xxxxxxxxxxxxx
Address
xxxxxxxxxxxxx
Tel
xxxxx
5. BUSINESS CHARACTERISTICS
No.
Norm
1 The potential of the Enterprise's products or services is replaced by the others
2 The Enterprise's competitive position on the market
3 The marketing strategy (not applied to the small-scale)
4 The brand
5 The Business Awards
6 Contributing to Social Security Activities such as: scholarships, other charities…
7 The investment in technology and R&D
6. THE CHARACTERISTICS OF THE BUSINESS INDUSTRY
Content
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
No.
Norm
1 The prospect or impact of the economic industry at the time of assessment
2 The prospect or impact of state policies at the time of assessment
Content
xxxxxxxxxxx
xxxxxxxxxxx
7. THE PROBLEMS OF THE ENTERPRISE
No.
Norm
1 The business violations of the Enterprise
2 The unforeseen risks (such as a natural disaster like an earthquake or explosion...)
3 The law violations of the General Director/Director (impact on the Enterprise's reputation.)
4 The law violations of The Chief Accountant (impact on the Enterprise's reputation.)
Content
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
8. LIST OF CREDIT INSTITIONS (as of dd/mm/20xx)
No
1
2
3
4
5
Credit Institution Code
xxxxxx
xxxxxx
xxxxxx
xxxxxx
xxxxxx
Name of Credit Institution and/or branches
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
Latest reported date
dd/mm/yyyy
dd/mm/yyyy
dd/mm/yyyy
dd/mm/yyyy
dd/mm/yyyy
9. FINANCE INFORMATION
Audited financial statement
Unaudited financial statement
9.1. Balance sheet
Norm
A. CURRENT ASSETS
I. Cash and cash equivalents
1.Cash
2. Cash equivalents
II. Short-term financial investments
1. Short term Securities
2. Provision for the diminution in value if short term investment
III. Short-term receivables
1. Trade accounts receivables
2. Prepayment to suppliers
3. Internal receivables
4. Receivable according to the progress of construction
Unit: Million VND
Year
20xx-3 20xx-2 20xx-1 20xx
5. Other receivables
6. Provision for short-term doubtful debts
IV. Inventories
1. Inventories
2. Provision for devaluation of inventories
V. Other short-term assets
1. Short-term prepayments
2. VAT deductibles
3. Taxes receivables
5. Other short-term assets
B. LONG- TERM ASSETS
I- Long-term receivables
1. Long-term trade account receivables
2. Capital of subsidiaries
3. Long-term internal receivable
4. Other long-term receivables
5. Provision for doubtful long-term debts
II. Fixed assets
1. Tangible fixed assets
- Cost
- Accumulated depreciation
2. Finance lease assets
-Cost
-Accumulated depreciation
3.Intangible fixed assets
-Cost
-Accumulated depreciation
4. Construction in progress
III. Investment in real estate
-Cost
-Accumulated depreciation
IV. Other financial long-term investment
1. Investments in subsidiaries
2. Investment in other join venture companies
3. Other long-term investments
4. Provision for devaluation of long-term financial investments
V. Other long-term assets
1. Long-term prepayments
2. Deferred tax assets
3. Other long-term assets
TOTAL ASSETS
A. LIABILITIES
I. Current liabilities
1. Short-term borrowings and liabilities
2. Trade accounts payable
3. Advances from customers
4. Taxes and amounts payable to the State budget
5. Payables to employees
6. Accrued expenses
7. Internal payable
8. Payables according to the progress of construction
9. Other current payables
10. Provision for short-term payables
II. Long-term liabilities
1. Trade accounts long-term payables
2. Internal long-term payables
3. Other long-term payables
4. Long-term loans
5. Deferred tax payables
6. Provision for unemployment
7.Provision for long-term payables
B. EQUITY
I. Owner's equity
1. Legal capital
2.Share premiums
3. Other sources of capital
4. Treasury stocks
5. Difference on revaluation of assets
6. Foreign exchange differences
7. Business promotion fund
8. Financial reserved fund
9. Other funds
10. Retained earnings
11. Funds for capital expenditures
II. Other sources and funds
1. Bonus and welfare funds
2. Sources of expenditure
3. Fund to form fixed assets
C. Minority interests
TOTAL RESOURCES
ASSET – RESOURCE DIFERENCE
9.2. Income statement
Norm
20xx-2
Unit: Million VND
Year
20xx-1
20xx
1. Gross sales of merchandise and services
2. Less deductions
3. Net sales of merchandise and services
4. Cost of goods sold
5. Gross profit from sales of merchandise and services
6. Financial income
7. Financial expenses
- Including: Interest expense
8. Selling expenses
9. General and administration expenses
10 Operating profit / ( loss)
11. Other income
12. Other expenses
13. Profit/(loss) from other activities
14. Net accounting profit before tax
15. Corporate income tax
16. Deferred income tax
17. Net profit after tax
18. Earnings per share
9.3. Financial ratio comparatives
31/12/20xx-2
31/12/20xx-1
31/12/20xx
Percentage In/De
Percentage In/De
Percentage In/De
Figure
Figure
Figure
(%)
(%)
(%)
(%)
(%)
(%)
I. Total Assets
1. Short-term Assets
2. Short-term Receivables
3. Inventories
4. Long-term Assets
II. Total resources
1. Liabilities
2. Short-term Liabilities
3. Owner's equity
III. Net income
1. Cost of goods sold
2. Net profit after tax
10. SCORING AND EVALUATING ON ENTERPRISE'S NON-FIANCIAL RATIO
10.1. Scoring Criterias
Norm
Unit
Year 20xx-2 Year 20xx-1
Year 20xx
Result Score Result Score Result Score
1. Years of operation of the enterprise
Year
2. Years of experience as a leader in the General Director
Year
(Director) position
3. Qualification of the General Director (Director)
4. The potential of the Enterprise's products or services is
replaced by the others
5. The Enterprise's competitive position on the market
6. Business scope
7. Ownership right of enterprise's headquarter (only applied to
the small-scale)
8. The marketing strategy (not applied to the small-scale)
9. The prospect or impact of the economic industry at the time of
assessment
10. The prospect or impact of state policies at the time of
assessment
Note: The Criterias from 4 to 10 are only applied from the financial year 20xx of new credit rating methods by CIC
10.2. Considering and adjusting non-financial scores (Made by Analysis Experts)
Norm
Year 20xx
Result Score
1. Positive criterias
Create jobs for employees (review the number of employees increased every year)
The Management Policy (such as ISO, TQM,QA/QC, HACCP)
The brand
Contributing to Social Security Activities such as: scholarships, other charities…
The investment in technology and R&D
The Business Awards
2. Negative criterias
The law violations of The Chief Accountant (impact on the Enterprise's reputation.)
The law violations of the General Director/Director (impact on the Enterprise's reputation.)
The business violations of the Enterprise
The unforeseen risks (such as a natural disaster like an earthquake or explosion...)
10.3. Considering impacts of the parent company
Content
1. The impact of the parent company's rating
Year 20xx
Result
Score
2. The impact of the parent company's bad debts
11. SCORING ON LOAN AND INTEREST EXPENSE RATIOS
Unit: Times
Fiscal year
20xx
20xx-1
20xx-2
Result
Score
12. SCORING AND EVALUATING ON ENTERPRISE'S FIANCIAL INDEXES
12.1. Scoring Criterias
Year 20xx-2
Year 20xx-1
Year 20xx
Comparative to
Comparative to
Comparative to
Content
Unit
industry
industry
industry
Result
Score Result
Score Result
Score
average
average
average
LIQUIDITY RATIOS
1. Current ratio
Times
2. Quick ratio
Times
PERFORMANCE RATIOS
3. Inventory turnover Times
4. Average
Days
Receivables Period
5. Asset turnover
Times
INSOLVENCY RATIOS
6. Liabilities/Total
%
assets
7. Liabilities/Owner's
%
equity
8. Overdue
debt/Total
%
outstanding loans
PROFITABILITY RATIOS
9. Net profit after
%
tax/Turnover
10. Net profit after
%
tax/Total assets
11. Net profit after
%
tax/Owner's equity
Note: Scores are ranged from minimum of 0 to maximum of 5. Background are marked as higher (>), smaller (<) or
equal (=).
12.2. Considering and Adjusting financial scores (Made by Analysis Expert)
Norm
Year 20xx
Result
Score
Unit
1. Growth rate of total assets
2. Growth rate of net profit after tax
%
%
13. SYNTHESIZING THE RESULT OF SCORING AND CREDIT RATING OF THE ENTERPRIS
13.1. Credit Rating Chart and Indexes
Content
Credit Rating
Fiscal year
20xx-2
xxxxx
Fiscal year
20xx-1
xxxxx
Fiscal year
20xx
xxxxx
13.2. Other assessment on the Enterprise's Operations (Made by Analysis Expert) (if have)
Analyst and Supervisor
Tran Xuan AA
Note: The report is made by CIC data, standard and program. You are requested to use information provided by CIC as regulated by law,
not to provide to any third party or not to use for illegal competition.
All comment and further request, please contact Credit Rating Division
Tel: 04.33553905/33553906/33117063 and Website: http://creditinfo.org.vn or http://www.cicb.vn
CREDIT RATING INDEXES
AAA+
AAAOptimal Enterprises are assessed by experts that they have Enterprises are assessed by experts that they have good
AAA
very strong financial capability, good debt payment financial capability, long-term growth prospect. However,
type
history, currently strong business situation and long- existing restrictive policies could have impacts on their
term growth prospects. Lowest risk.
business operations. Low risk.
AA+
AAVery good Enterprises are assessed by experts that they have Enterprises are assessed by experts that they have good but
AA
good and sustainable growth prospects, fairly good
type
unsustainable growth prospects and good debt payment
business situation and good debt payment history. low
history. Relatively low risk
risk.
A+
AEnterprises are assessed by experts that they have
A
Good type good and stable growth prospects, are not affected by Enterprises are assessed by experts that they have efficient but
not stable business operations with certain business
competitive pressures and economic risks. Relatively
environmental and competitive risks. Medium risk.
low risk.
BBB+
BBBFairly
Enterprises are assessed experts that they have stable Enterprises are assessed by experts that they have efficient
BBB
good type and efficient business operations, fairly good debt business operations but certain restrictive financial capability.
payment history. Medium risk.
Medium risk.
BB+
BBFairly
Enterprises are assessed by experts that they have not
BB average Enterprises are assessed by experts that they have not promoted their financial capability and easily been affected by
promoted their financial capability and have
type
large economic changes due to business environmental
inefficient business operations. Medium risk
pressuress as well as competition. Medium risk.
B+
BAverage
Enterprises are assessed by experts that they have weak
B
Enterprises are assessed by experts that they have
type
financial autonomy and low debt payment capability. High
weak financial autonomy. Relatively high risk.
risk.
CCC+
CCCEnterprises are assessed by experts that they have
Fairly
Enterprises are assessed by experts that they have poor
CCC
weak type poor competition and management capacity due to competitive and management capability and low-debt
certain pressure from business environment as well as
payment history. Very high risk.
competition. High risk.
CC+
CCCC Weak type Enterprises are assessed by experts that they have Enterprises are assessed by experts that they have very weak
very weak financial autonomy and weak debt financial autonomy, weak debt payment capability and bad
payment capability. Very high risk.
business situation. very high risk.
C+
CVery weak Enterprises are assessed by experts that they have Enterprises are assessed by experts that they have the weakest
C
type
extremely weak autonomy, weak management autonomy, weakest management capability, signs of
capability and legal problems. Extremely high risk. bankruptcy due to legal problems. Highest risk.