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Credit Rating Analysis: ShinMaywa Industries (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): ShinMaywa Industries (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  BBB  Credit is enough, but be decreased potential by biz environs. ¥ 150 B
38.48%
¥ 6 B
206.48%
¥ 11 B
4,375.18%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating BBBBBBBBBB
Total Assets
¥ 147 B
¥ 155 B
¥ 151 B
¥ 153 B
Net Assets
¥ 85 B
¥ 89 B
¥ 89 B
¥ 92 B

Financial Statement Risk Analysis: ShinMaywa Industries (Annual ) (Consolidated )

[Date: 2013-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -6 B) & Financial Cash Flow (¥ -10 B) is a minus, Operating Cash Flow (¥ 11 B) is a plus,
Dividend
Under the situation of Net Income (¥ 11 B) & Operating Cash Flow (¥ 11 B) , Dividend (¥ -997 M) is paid.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -266 M) is minus or 0, so , there is a possibility that the management situation is severe.
Dividend Risk
Under the situation of Net Income (¥ -266 M) & Operating Cash Flow (¥ 4 B), Dividend (¥ -997 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 108 B) is first term (¥ 107 B) more, however Operating Cash Flow (¥ 4 B) is first term (¥ 4 B) less , there is a possibility that the financing has deteriorated very much.
Non-performing asset Risk
Net Income (¥ -266 M) is a minus, Other Current Assets (¥ 84 B) - more than 50% of Total Assets (¥ 136 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 (¥ 3 B) is Sales first term ratio (¥ 1 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -1 B) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 107 B) is first term Sales (¥ 110 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -1 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 (-1.63%) is first term Net Profit Margin (2.80%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -1 B) & Financial Cash Flow (¥ -3 B) is a minus, Operating Cash Flow (¥ 4 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -1 B) & Operating Cash Flow (¥ 4 B), Dividend (¥ -997 M) is paid.
Non-performing asset Risk
Net Income (¥ -1 B) is a minus, Other Current Assets (¥ 81 B) - more than 50% of Total Assets (¥ 130 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 (¥ -24 M) is Sales first term ratio (¥ -3 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 (¥ 110 B) is first term Sales (¥ 127 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 93 B) is first term Gross Income (¥ 110 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -843 M) & Financial Cash Flow (¥ -3 B) is a minus, Operating Cash Flow (¥ 10 B) is a plus,
Dividend
Under the situation of Net Income (¥ 3 B) & Operating Cash Flow (¥ 10 B) , Dividend (¥ -997 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -11 B) is Sales first term ratio (¥ -17 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -2 B) and Investment Cash Flow (¥ -3 B) is minus, Net Income (¥ 26 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.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -2 B) is a minus, Financial Cash Flow (¥ 4 B) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.
Dividend Risk
Under the situation of Net Income (¥ 26 M) & Operating Cash Flow (¥ -2 B), Dividend (¥ -998 M) is paid.
Non-performing asset Risk
Operating Cash Flow (¥ -2 B) is a minus, Other Current Assets (¥ 93 B) - more than 50% of Total Assets (¥ 140 B) is occupied , there is a possibility of holding the non-performing asset.

Related Information: ShinMaywa Industries (Annual )

Statement Type
Annual : ShinMaywa Industries
First quarter : ShinMaywa Industries
Second quarter : ShinMaywa Industries
Third quarter : ShinMaywa Industries
Analysis Menu
@Outline : ShinMaywa Industries
@Statement : ShinMaywa Industries
@Rating : ShinMaywa Industries
@Indicator : ShinMaywa Industries
@Download : ShinMaywa Industries
Industry Comparison Ranking
Transportation Equipments - EDIUNET Industry Rankings
Transportation Equipments - EDIUNET Credit Rating
Transportation Equipments - EDIUNET Industry Avg
Comparison with a neighboring company
Hyogo - EDIUNET Prefectures
Hyogo宝塚市 - EDIUNET Prefectures

Related company's newest statement

Date Company Credit Rating Date
1/15 U-SHIN  CCC→BBB 2013-11-30
1/15 エッチ・ケー・エス BB→B 2013-11-30 (Q1)
1/15 ASKA BBB→BB 2013-11-30
12/13 ハイレックスコーポレー.. AAA→A 2013-10-31
12/10 EIKEN INDUSTRIES BBB→A 2013-10-31
11/14 市光工業 BB→CC 2013-09-30 (Q2)
11/14 Daido Metal BBB 2013-09-30 (Q2)
11/14 MIKUNI BB 2013-09-30 (Q2)
11/14 Jidosha Buhin Kogyo BB→BBB 2013-09-30 (Q2)
11/14 I Metal Technology BB→BBB 2013-09-30 (Q2)

Ticker Market Industry Month report Rating
@ ShinMaywa Industries 7224 TSE 1st Transportation Equipments 3 Annual BBB

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