Our
in-country agent's credit scoring system indicates the following
credit scores.
Credit Rating:
4
Rating Key
Credit Risk Assessment
Proposed Credit Limit (In Concerned Business
Field)
1
Minimal
Credit can proceed with favorable terms
Large amount
2
Low
Credit can proceed promptly
Fairly large amount
3
Average
Credit can proceed normally
Moderate amount
4
Above average
Credit should proceed with monitor
Small amount – periodical review
5
Fairly High
Credit should be extended under guarantee
C.O.D. to small amount
6
High
Credit is not recommended
C.O.D.
NR
Assessment not conducted
Insufficient data available
No recommendation
This rating serves as a reference to
assess the subject’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 %) in our
credit analysis are as follows:
Financial condition (40%)
Ownership
background (20%)
Payment record (10%)
Credit history (10%)
Market trend (10%)
Operational size (10%)
In case of unlimited companies, newly
established companies, or lack of financial data, more weight is given
to ‘Ownership background’ and ‘Payment record’ in our
analysis.
This form of
business in PR China is defined as a legal person. It is a limited
company established within the territories of PR China with capital
provided totally by the foreign investors. More than one foreign
investor may jointly invest in a wholly foreign-owned enterprise. The
investing party/parties solely exercise management, reap profit and bear
risks and liabilities by themselves. This form of companies usually
have a limited duration is extendible upon approval of Examination and
Approval Authorities.
( ) Excellent ( ) Good (X) Average ( ) Fair ( ) Poor ( ) Not yet
determined
The appraisal serves as a reference to
reveal subject's payments habits and ability to pay. It is based on
the 3 weighed factors: Trade payment experience (through current
inquiry with subject's suppliers), delinquent payment records and debt
collection records concerning subject.
Delinquent Payment Record: None in our agent’s
database.
Subject is considered
medium-sized in its line with fair financial conditions. Credit
dealings with company should be limited to small amount at present.