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Credit Rating Analysis: Sanki Engineering (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

【Analysis Menu】 @Outline @Statement @Rating @Indicator @Download

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Credit Rating (Bankruptcy Risk): Sanki Engineering (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  BB  Credit is a little enough, but be insufficient potential by biz environs. ¥ 154 B
4.50%
¥ 2 B
18.16%
¥ -4 B
-2,936.36%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating BBBCC
Total Assets
¥ 152 B
¥ 166 B
¥ 155 B
¥ 152 B
Net Assets
¥ 77 B
¥ 76 B
¥ 75 B
¥ 75 B

Financial Statement Risk Analysis: Sanki Engineering (Annual ) (Consolidated )

Special note
Net income has dropped 5 consecutive terms. The business have high risk.
[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -4 B) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Net Income is decrease )
Net Income (¥ -4 B) is first term Net Income (¥ 176 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-3.23%) is first term Net Profit Margin (0.12%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -9 B) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 9 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -4 B) & Operating Cash Flow (¥ 9 B), Dividend (¥ -1 B) is paid.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -3 B) & Operating Cash Flow (¥ -2 B) is a minus, Interest-bearing Debt (¥ 6 B) is first term Interest-bearing Debt (¥ 5 B) more , there is a possibility that the financing is very severe.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -2 B) and Investment Cash Flow (¥ -1 B) is minus, Net Income (¥ 176 M) is plus. Because it is unnatural that profits have come out in this situation, the possibility of holding the non-performing asset is very high.
Management Risk (*Sales is decrease )
Sales (¥ 147 B) is first term Sales (¥ 151 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 176 M) is first term Net Income (¥ 2 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (0.12%) is first term Net Profit Margin (1.40%) less , there is a possibility that the profitability has deteriorated.
Dividend Risk
Under the situation of Net Income (¥ 176 M) & Operating Cash Flow (¥ -2 B), Dividend (¥ -1 B) is paid.
Non-performing asset Risk
Operating Cash Flow (¥ -2 B) is a minus, Other Current Assets (¥ 83 B) - more than 50% of Total Assets (¥ 163 B) is occupied , there is a possibility of holding the non-performing asset.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 4 B) is Sales first term ratio (¥ -3 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 151 B) is first term Sales (¥ 159 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 2 B) is first term Net Income (¥ 3 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.40%) is first term Net Profit Margin (1.97%) less , there is a possibility that the profitability has deteriorated.
Dividend
Under the situation of Net Income (¥ 2 B) & Operating Cash Flow (¥ 11 B) , Dividend (¥ -1 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -5 B) is Sales first term ratio (¥ -7 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 159 B) is first term Sales (¥ 203 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 3 B) is first term Net Income (¥ 3 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -1 B) & Financial Cash Flow (¥ -2 B) is a minus, Operating Cash Flow (¥ 1 B) is a plus,
Dividend
Under the situation of Net Income (¥ 3 B) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -1 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -1 B) is Sales first term ratio (¥ -44 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Dividend
Under the situation of Net Income (¥ 3 B) & Operating Cash Flow (¥ 19 B) , Dividend (¥ -1 B) is paid.

Ticker Market Industry Month report Rating
@ Sanki Engineering 1961 TSE 1st Construction 3 Annual BB

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