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Credit Rating Analysis: C&G SYSTEMS (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): C&G SYSTEMS (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2012-12-31  B  Credit is not enough, easily undermined by biz environs. ¥ 3 B
12.82%
¥ 194 M
46.96%
¥ 140 M
86.66%

Financial Timeline

Date  2012-12-31 
(Annual )
 2013-03-31 
(First quarter )
 2013-06-30 
(Second quarter )
 2013-09-30 
(Third quarter )
Credit Rating BBBAABBB
Total Assets
¥ 3 B
¥ 3 B
¥ 3 B
¥ 3 B
Net Assets
¥ 2 B
¥ 2 B
¥ 2 B
¥ 2 B

Financial Statement Risk Analysis: C&G SYSTEMS (Annual ) (Consolidated )

Special note
Net sales has increased 4 consecutive terms. The performance is good.
The change of Net income is going too far. The management situation is unstable.
The change of Operating cash flow is going too far. The management situation is unstable.
[Date: 2012-12-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -366 M) & Financial Cash Flow (¥ -449 M) is a minus, Operating Cash Flow (¥ 245 M) is a plus,
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 3 B) is first term (¥ 3 B) more, however Operating Cash Flow (¥ 245 M) is first term (¥ 260 M) less , there is a possibility that the financing has deteriorated very much.
[Date: 2011-12-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -219 M) & Financial Cash Flow (¥ -131 M) is a minus, Operating Cash Flow (¥ 260 M) is a plus,
[Date: 2010-12-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -92 M) & Operating Cash Flow (¥ -319 M) is minus or 0, so , there is a possibility that the management situation is very severe.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -319 M) and Investment Cash Flow (¥ -62 M) is minus, so , there is a possibility of the overinvestment.
[Date: 2009-12-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -1 B) & Operating Cash Flow (¥ -384 M) is minus or 0, so , there is a possibility that the management situation is very severe.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -384 M) is a minus, Financial Cash Flow (¥ 33 M) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -384 M) and Investment Cash Flow (¥ -27 M) is minus, so , there is a possibility of the overinvestment.

Related Information: C&G SYSTEMS (Annual )

Statement Type
Annual : C&G SYSTEMS
First quarter : C&G SYSTEMS
Second quarter : C&G SYSTEMS
Third quarter : C&G SYSTEMS
Analysis Menu
@Outline : C&G SYSTEMS
@Statement : C&G SYSTEMS
@Rating : C&G SYSTEMS
@Indicator : C&G SYSTEMS
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Industry Comparison Ranking
Electric Appliances - EDIUNET Industry Rankings
Electric Appliances - EDIUNET Credit Rating
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Related company's newest statement

Date Company Credit Rating Date
1/10 Newtech CC→B 2013-11-30 (Q3)
12/26 Optoelectronics BB 2013-11-30
12/12 石井表記 C 2013-10-31 (Q3)
12/11 COSEL A 2013-11-20 (Q2)
12/11 SANNO CCC→B 2013-10-31 (Q1)
12/11 CCS B→BB 2013-10-31 (Q1)
12/10 SAMCO A→BB 2013-10-31 (Q1)
12/10 TOMITA ELECTRIC. BB→BBB 2013-10-31 (Q3)
12/6 SUMCO CCC→B 2013-10-31 (Q3)
12/6 OSG CORPORATION BBB→A 2013-10-31 (Q3)

Ticker Market Industry Month report Rating
@ C&G SYSTEMS 6633 OSE JASDAQ Electric Appliances 12 Annual B

Related Company

@ Nippon Chemi-Con (Sales ¥ 92 B)
@ I-O DATA DEVICE (Sales ¥ 36 B)
@ JAPAN ELECTRONIC MATERIALS (Sales ¥ 11 B)
@ SANKO (Sales ¥ 9 B)
@ Uniden (Sales ¥ 27 B)
@ キョウデン (Sales ¥ 38 B)
@ C&G SYSTEMS (Sales ¥ 3 B)
@ HONDA TSUSHIN KOGYO (Sales ¥ 13 B)
@ SEIKO ELECTRIC (Sales ¥ 18 B)
@ 北川工業 (Sales ¥ 9 B)
@ ELNA (Sales ¥ 28 B)
@ 図研 (Sales ¥ 17 B)
@ TECHNOL SEVEN (Sales ¥ 2 B)
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