SHANGHAI DALONG ZHIHENG TECHNOLOGY DEVELOPMENT CO., LTD. 上海大隆智恒科技发展有限公司 Business Credit Report SAMPLE

Transcription

Business Credit Report SAMPLE
SHANGHAI DALONG ZHIHENG TECHNOLOGY DEVELOPMENT CO., LTD.
上海大隆智恒科技发展有限公司
Your Enquiry:
Shanghai Dalong Zhiheng Technology
Development Co., Ltd.
Date of Enquiry: May 10, 2012
Report Type:
Business Credit Report
Type of Enquiry: Normal
Date of Delivery: May 16, 2012
INVESTIGATION NOTES
The given contact person SUN Lili is the Director of Subject’s Sales Department.
1 / 12
PROFILE
Subject Name:
Sinotrust No.:
AIC No.:
N.O.C.:
Address:
Zip Code:
Telephone:
Facsimile:
Website:
SUMMARY
SHANGHAI DALONG
ZHIHENG TECHNOLOGY
DEVELOPMENT CO., LTD.
(Given by Official Sources)
Establishment Date:
May 18, 1997
Legal Status:
Limited liability company
Listed or Not:
No
Legal Rep.:
WANG Tao
Registered Capital:
1,000,000
0243320517
Sales:
11,915,000 (2011)
310000101234567
Net Profit:
193,000 (2011)
222222222
Total Assets:
6,053,000 (Dec. 31, 2011)
Suite B, 24/F, 88 Hengshan Rd. Net Worth:
3,299,000 (Dec. 31, 2011)
Xuhui District
Employees:
56
Shanghai City
I/E License:
Yes
Litigation Records:
Yes
Credit Records:
Yes
Public Records:
Yes
200000
(+86 21) 61238888
Currency in this report is Chinese Yuan (RMB) unless
(+86 21) 61238800
otherwise stated. "--" in this report indicates
http://www.dlzh.com.cn
"unavailable" or "no comment" due to insufficient
information.
CREDIT ASSESSMENT
Major Indicators
Business Size:
Company Background:
Financial Position:
Industry Outlook:
Credit Rating:
Base Credit Limit:
RATING DISTRIBUTION IN SINOTRUST DATABASE
Score
40
68
74
73
72
Rating
Fairly Small
Fairly Strong
Fairly Strong
Fairly Strong
CR3
200,000
MAIN BUSINESS & INDUSTRY CLASSIFICATION
Main Business:
Chinese SIC:
ISIC:
NACE:
Wholesale and retail of computer equipment
5170,Wholesale of mechanical equipment, hardware, electrical and electronic
products
4650,Wholesale of machinery, equipment and supplies
46.5,Wholesale of information and communication equipment
More information about Subject's lines of business can be found in the section “OPERATIONS.”
2 / 12
FINANCIAL SUMMARY
2011
11,915,000
285,000
193,000
6,053,000
2,754,000
3,299,000
5.85
1.62
1.97
45.50
8.81
9.36
Sales
Total profit
Net profit
Total assets
Total liabilities
Total shareholders' equity
Return on net assets (%)
Net profit margin (%)
Turnover of total assets
Liabilities/assets ratio (%)
Sales growth (%)
Total assets growth (%)
2010
10,950,000
-567,000
-489,000
5,535,000
2,418,000
3,117,000
-15.69
-4.47
1.98
43.69
---
IMPORTANT EVENTS
Subject changed its name from Shanghai Zhiheng Technology Development Co., Ltd. to the present one in Apr.
2005.
GENERAL COMMENTS
With a history of 15 years, Subject has established rather sound sales channels in East China and proves certain
market competitiveness. Its shareholders boast strong competencies and its management level is also well
experienced in respect to industry and management expertise, which lays a solid foundation for its stable
development.
Due partly to the impact of the global financial crisis and partly to the intensified market competition, the market
share of the products it sells on a commission basis dropped, causing Subject to experience certain fluctuations
in operating revenue over the past three years and to post a loss in 2009. However, Subject adjusted its sales
strategies in a timely manner, swung from deficit to surplus in 2010, and its solvency also remained strong.
REGISTRATION
Establishment Date:
Registered Address:
Zip Code:
Registry:
Legal Rep.:
AIC No.:
Legal Status:
Registered Capital:
Business Scope:
Duration of Operation:
Latest Yearly Inspection:
May 18, 1997
1688 Huqingping Highway, Shanghai
200001
Shanghai Municipal Administration for Industry and Commerce
WANG Tao
310000101234567
Limited liability company
1,000,000.00
Computer system equipment, office automation equipment, communications
equipment, mechanical and electrical equipment (wholesale and retail, and
purchasing and marketing on a commission basis)
From May 18, 1997 To May 17, 2016
2011
CHANGES IN REGISTRATION
Date of Change
Apr. 2006
Aug. 2010
Change(s)
Registered Capital
AIC No.
From
RMB 100,000
3100001234567
3 / 12
To
RMB 1,000,000
310000101234567
SHAREHOLDERS AND SHARES
Shareholders
Shanghai Dalong (Group) Co., Ltd.
LI Jun
FU Bin
Total
Capital Subscribed
510,000
400,000
90,000
----------1,000,000
% of Total
51.00
40.00
9.00
-------100.00
Shareholders
LI Jun
FU Bin
Way of Investment
Cash
Cash
Cash
Paid-up %
100.00
100.00
100.00
BACKGROUND OF MAJOR SHAREHOLDERS
0243321552
May 18, 1997
WANG Tao
310000101234567
Joint stock limited company (listed)
1,000,000.00
300 Dalian Rd., Shanghai
(+86 21) 67891234
(+86 21) 67894321
www.dalong.com.cn
Investment in industries and real estate development
638,467,200,000 (2011)
As one of Shanghai's most renowned real estate companies, Shanghai Dalong
(Group) Co., Ltd. was listed on the Shanghai Stock Exchange in 2000 (stock code:
666666).
Note: Information provided above comes directly from Sinotrust database and may contain obsolete information.
Name:
Sinotrust No.:
Establishment Date:
Legal Rep.:
AIC No.:
Legal Status:
Registered Capital:
Address:
Telephone:
Facsimile:
Website:
Main Business:
Sales:
Other Information:
HISTORY
May 1997
Apr. 2005
Apr. 2006
May 2010
Shanghai Zhiheng Technology Development Co., Ltd. was incorporated.
Shanghai Zhiheng Technology Development Co., Ltd. was acquired by Shanghai
Dalong (Group) Co., Ltd. and accordingly was renamed Shanghai Dalong Zhiheng
Technology Development Co., Ltd.
Subject increased its registered capital from RMB 100,000 to RMB 1,000,000.
Subject became the general agent of Nanjing Hwuary Display Co., Ltd. in East China.
MAIN EXECUTIVE(S)
Name:
Post:
Gender:
Date of Birth:
Education:
Work Experience:
WANG Tao
Chairman of the Board
Male
1969
Master's degree
Previously, with the Chinese Academy of Sciences;
currently, with Shanghai Dalong (Group) Co., Ltd. as General Manager;
since Apr. 2005, concurrently with Subject as Chairman of the Board.
4 / 12
Name:
Post:
Gender:
Date of Birth:
Education:
Work Experience:
LI Jun
General Manager
Male
1965
Master's degree
1983-1985: with Shanghai Chemical Fiber Research Institute as a research fellow;
1985-1989: with Shanghai Foreign Trade Corporation as Dept. Manager;
1989-1990: with Shanghai Honglong Electronic Co., Ltd. as Manager;
1990-1997: with Shanghai Data Industry Co., Ltd. as General Manager;
since 1997: with Subject as General Manager.
AFFILIATE(S)
Name:
Address:
Website:
Main Business:
Sales:
Shares held by Subject:
Shanghai Dalong Zhiyu Technology Development Co., Ltd. (literal translation)
218 Dongfang Rd., Pudong New Area, Shanghai
www.dalong.com.cn
Selling electronic products
550,000 (2010)
95%
Name:
Address:
Website:
Main Business:
Sales:
Shares held by Subject:
Shanghai Dalong Zhichuang Technology Development Co., Ltd. (literal translation)
1/F, 2000 Quyang Rd., Shanghai
www.dalong.com.cn
Producing and selling electronic products
650,000 (2010)
90%
BANKING RELATIONSHIP
Account Bank:
Account No.:
Account No.:
Interviewee:
Telephone:
Interviewee's Remarks:
Date of Interview:
Bank of Shanghai, Xuhui District Sub-branch
XXXXXXXXX8090333 (RMB)
XXXXXXXXX8090334 (FC)
Miss XU, Service Counter
(+86 21) 56786666
Subject does hold accounts with the Bank, and its day-to-day transaction records are
normal.
May 16, 2012
NUMBER OF EMPLOYEES
Total Employees:
Head office:
56
18
The information above was confirmed by Subject's managerial staff in May 2012.
OFFICE FACILITIES
Location:
Area:
Property Ownership:
Traffic Convenience:
Suite B, 24F, 88 Hengshan Road, Shanghai
300 square meters
Rented
Situated in Xujiahui Business Circle, Subject enjoys favorable transport facilities.
5 / 12
OPERATIONS
Main Business:
Chinese SIC:
Wholesale and retail of computer equipment
5170,Wholesale of mechanical equipment, hardware, electrical and electronic
products
7210,Corporate management
ISIC:
4650,Wholesale of machinery, equipment and supplies
7010,Activities of head offices
NACE:
46.5,Wholesale of information and communication equipment
70.1,Activities of head offices
Subject is the general agent of Hwuary brand displays in East China and also distributes Hongda brand
computer memory sticks, Kunpeng brand hard drives, Quanshun brand CD-ROMs, keyboards, mice, etc. on a
commission basis.
TRADEMARKS & PATENTS
Total No. of Trademarks
Registration No.
Registration Date
Trademark Design
2
2345678
Mar. 28, 2010
Patent Type
Total Patents
Patents Applied in 2011
Invention Patent
0
------
Utility Model Patent
5
2
1
1
-1
Design Patent
5
1
-2
2
--
2123456
Dec. 7, 2009
Total
10
3
1
3
2
1
Note: Information on only the patent application records since 2007 is provided herein.
PURCHASING INFORMATION
Main Purchases:
No. of Major Suppliers:
Major Suppliers:
Main Payment Terms:
Displays, computer memory, hard drives, CD-ROMs, etc.
Around 10
Nanjing Hwuary Liquid Crystal Display Technical Co., Ltd., Suzhou Zhongji Electronic
Co., Ltd. and other producers of computer fittings
30-day credit or immediate payment
Subject is the general agent of Hwuary brand displays and purchases displays from Nanjing Hwuary Liquid
Crystal Display Technical Co., Ltd. directly on 30-day open account.
The information above was provided by Subject's managerial staff in May 2012.
SELLING INFORMATION
Domestic:
Regions:
About 95%
Shanghai and major cities in Jiangsu Province
6 / 12
Customers:
Sales Terms:
Retailers and individual users
30-day credit or immediate payment
Overseas:
Regions:
Customers:
Sales Terms:
About 5%
Hong Kong
ABC Ltd.
L/C
Subject is planning to reinforce its sales efforts in medium- and small-sized cities since its gross sales profit
margin in medium- and small-sized cities is relatively high. For the time being, competition in the large cities of
East China is heating up, leading to a declining gross sales profit margin of relevant products, especially the
displays Subject currently sells.
The information above was provided by Subject's managerial staff in May 2012.
IMPORT & EXPORT
I/E License:
Customs' Rating:
Total Imports:
Yes
A (May 16, 2012)
0 (Unit: USD 10,000)（2011）
Total Exports:
0-10 (Unit: USD 10,000)（2011）
Definitions of Ratings of General Customs:
AA:
Excellent;
A:
Good
B:
Average
C:
Fairly Poor
D:
Very Poor
Please order our Business I/E Records Report for more detailed import and export information on Subject.
CREDIT RECORD
Supplier:
Commodities Supplied:
Interviewee:
Post:
Telephone:
Amount:
Cooperation Duration:
Cooperation Terms:
Payment Punctuality:
Date of Interview:
Nanjing Hwuary Liquid Crystal Display Technical Co., Ltd
Computer displays
Miss YAN
Financial Dept.
025-84556567
Approx 3.5 million Yuan per month
Long-term
Monthly settlement
Prompt
May 16, 2012
Supplier:
Commodities Supplied:
Interviewee:
Post:
Telephone:
Amount:
Cooperation Duration:
Cooperation Terms:
Payment Punctuality:
Date of Interview:
Suzhou Zhongji Electronic Co., Ltd.
Computer mice and hard drives
Mr. WANG
Sales Manager
0551-63415399
Approx 1 million Yuan per month
Long-term
45-day credit
Prompt
May 16, 2012
7 / 12
MAJOR RANKS
Year
2010
2009
Major Rank
Top 100 Private Enterprises of Shanghai
Top 100 Private Enterprises of Shanghai
Place
89
97
LITIGATION RECORDS
Source:
Hearing Court:
Case Number:
Plaintiff:
Date of Hearing:
Case Brief:
Date of Acquisition:
www.hshfy.sh.cn
Pudong New Area People's Court, Shanghai
(2010) PMY(M)CZ No. 15487
SONG Sanxiong
Sep. 28, 2010
Dispute over the sales contract between SONG Sanxiong and Subject
May 16, 2012
PUBLIC RECORDS
Source:
Date of Issue:
Issue Title:
http://www.creditlink.cn/crdopen/findOneBill/1152922840606525712.html
May 1, 2012
List of Companies with Abnormal Operations (2012) No.5 Issue of Shanghai Xuhui District
Office, SAT
Note: This report only provides litigation records, public rankings as well as other public records from the latest
3 years.
FINANCES
Balance Sheet ('000):
TOTAL ASSETS
TOTAL LIABILITIES
TOTAL SHLDRS’ EQUITY
TOTAL LIABILITIES & SHLDRS’ EQUITY
Dec. 31, 2011
(Consolidated)
6,053
Dec. 31, 2010
(Consolidated)
5,535
2,754
3,299
6,053
2,418
3,117
5,535
2011
11,915
285
193
2010
10,950
-567
-489
Income Statement ('000)
Sales
Total profit
Net profit
NOTES TO FINANCES
Due to the lack of a clear government policy regarding the transparency of enterprise financial information,
many financial items might be missing in the above financial statements, causing possible inequality between
the sum of the provided items and the provided Total Number.
Change of Key Financials ('000)
2011
11,915
193
Sales
Net profit
8 / 12
Growth Rate (%)
8.81
--
2010
10,950
-489
Total assets
Total liabilities
Total shareholders’ equity
6,053
2,754
3,299
9.36
13.90
5.84
5,535
2,418
3,117
Profitability
Return on total assets (%)
Net profit margin (%)
2011
5.85
3.19
1.62
2010
-15.69
-8.83
-4.47
Efficiency
2011
1.97
2010
1.98
Solvency
2011
45.50
2010
43.69
Growth
Sales growth (%)
2011
8.81
9.36
2010
---
Important Ratios:
INDUSTRY PROFILE
5170,Wholesale of mechanical equipment, hardware, electrical and electronic products
Industry Definition:
This industry involves the wholesale and import & export of general machinery, special equipment, traffic &
transport equipment, electric machinery, hardware & electric products, household appliances, computer
equipment, communications equipment, electronic products, meters & instruments and office machinery. This
industry is composed of such sub-industries as the wholesale of agricultural machinery; wholesale of
automobiles, motorcycles and components thereof; wholesale of hardware & electric products; wholesale of
household appliances; wholesale of computer, software & auxiliary equipment; wholesale of communications,
broadcasting, & television equipment, and the wholesale of other machinery & equipment and electronic
products n.e.s.o.i.
Industry Status & Trend:
The machinery industry reported production value and sales value of 7.88 trillion Yuan and 7.69 trillion Yuan
respectively in 2011, up 27.08% and 26.73% year-on-year. The growth of production and sales slowed for five
consecutive months and rallied in June when the production value and sales value stood at 1.56 trillion Yuan
and 1.52 trillion Yuan respectively, both of which achieved new record highs. However, import growth outpaced
export growth for the past two years and the machinery industry continued to incur a trade surplus in 2011;
judging from the current situation, a trade deficit will reappear in six years.
Industry production and sales are expected to maintain 2-digit growth in 2012 and the estimate is 20% or so, but
the profit margin will be markedly lower as compared with 2011 and a trade deficit will reoccur. To
accommodate new challenges imposed by international and domestic economic circumstances, this industry
must accelerate its structural adjustment and upgrade to experience continuous and healthy development.
INDUSTRY BENCHMARK
2011
Gross profit margin (%)
Best
22.30
13.60
18.30
3.30
9 / 12
Average
8.60
5.50
10.20
1.80
Worst
-5.00
-1.40
-0.10
0.30
Turnover of current assets
Turnover of accounts receivable (days)
Current ratio
Quick ratio
Sales growth (%)
Gross profit growth (%)
4.50
17.65
41.90
4.06
1.61
30.30
23.80
26.30
2.40
38.71
64.40
1.34
1.06
11.90
12.30
13.00
0.40
240.00
85.10
0.63
0.52
-19.30
-26.50
-15.30
2010
Gross profit margin (%)
Turnover of current assets
Turnover of accounts receivable (days)
Current ratio
Quick ratio
Sales growth (%)
Gross profit growth (%)
Best
23.60
13.80
18.70
3.30
4.50
17.73
49.00
4.06
1.66
28.30
21.70
23.60
Average
9.10
5.60
10.40
1.80
2.40
39.13
71.50
1.34
1.11
9.90
11.20
9.90
Worst
-4.70
-1.40
-0.10
0.30
0.40
257.14
92.20
0.63
0.57
-21.30
-29.40
-19.00
* The above indicators come from industry statistics regularly published by the government.
TREND CHART OF KEY INDICATORS
Trend of Gross Profit Margin (Average)
Trend of Turnover of Accounts Receivable (Days) (Average)
10 / 12
Trend of Liabilities/assets Ratio (Average)
Trend of Sales Growth (Average)
CREDIT RATING
CR3
In assessing credit status of a business, SINOTRUST takes into consideration its size, history and background,
financials and operations against industry average, credit history, etc. Indications of SINOTRUST credit ratings
are as follows.
11 / 12
Rating
CR1
CR2
CR3
CR4
CR5
CR6
CR7
Risk Level
Very low
Low
Below average
Average
Above average
High
Very high
Indications
Credit can be extended on very loose terms.
Credit can be extended on fairly loose terms.
Credit can be extended on normal terms.
Credit should be on a closely monitored basis.
Credit should be avoided as much as possible.
Credit should be on secured basis.
Transaction should be on COD basis.
BASE CREDIT LIMIT
200,000
When calculating base credit limit, SINOTRUST presupposes that Subject purchases main
commodities/services equally from many suppliers. Main factors considered include Net Assets, Total Assets,
Total Sales, Profit, Credit Rating, etc. No consideration is given to the specific situation of your transaction with
Subject. You may refer to the following recommendations when making credit decisions, but it is advisable that
necessary adjustments be made in accordance with your sales strategies and credit policies.
Annual Supply/Subject's Sales
Above 40%
30%～40%
Recommended Credit Limit
Above 4 times the base credit limit
3 to 4 times the base credit limit
20%～30%
10%～20%
Below 10%
Within base credit limit
--------- End of the Report --------This report is furnished at your request for your exclusive use in making business decisions and shall not be used in legal proceedings.
Information contained herein shall not be released to the person or firm reported on, nor to any third party, unless otherwise agreed upon by
SINOTRUST and GLOBIS. Neither SINOTRUST nor GLOBIS shall be held liable for any loss or damage arising out of use of any of the
information contained in this report.
12 / 12

SHANGHAI DALONG ZHIHENG TECHNOLOGY DEVELOPMENT CO., LTD. 上海大隆智恒科技发展有限公司 Business Credit Report SAMPLE

Transcription

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