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Credit Rating Analysis: Sumitomo Bakelite (Annual )

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

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Credit Rating (Bankruptcy Risk): Sumitomo Bakelite (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. ¥ 183 B
-1.01%
¥ 8 B
44.17%
¥ 3 B
36.35%

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
¥ 198 B
¥ 213 B
¥ 221 B
¥ 230 B
Net Assets
¥ 120 B
¥ 131 B
¥ 137 B
¥ 143 B

Financial Statement Risk Analysis: Sumitomo Bakelite (Annual ) (Consolidated )

[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 183 B) is first term Sales (¥ 185 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 131 B) is first term Gross Income (¥ 135 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -13 B) & Financial Cash Flow (¥ -642 M) is a minus, Operating Cash Flow (¥ 16 B) is a plus,
Dividend
Under the situation of Net Income (¥ 3 B) & Operating Cash Flow (¥ 16 B) , Dividend (¥ -2 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -374 M) is Sales first term ratio (¥ -1 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 185 B) is first term Sales (¥ 190 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 (¥ 5 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.36%) is first term Net Profit Margin (2.70%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -13 B) & Financial Cash Flow (¥ -3 B) is a minus, Operating Cash Flow (¥ 6 B) is a plus,
Dividend
Under the situation of Net Income (¥ 2 B) & Operating Cash Flow (¥ 6 B) , Dividend (¥ -3 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 (¥ -5 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Dividend
Under the situation of Net Income (¥ 5 B) & Operating Cash Flow (¥ 16 B) , Dividend (¥ -3 B) is paid.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 170 B) is first term Sales (¥ 212 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 122 B) is first term Gross Income (¥ 164 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -7 B) & Financial Cash Flow (¥ -13 B) is a minus, Operating Cash Flow (¥ 15 B) is a plus,
Dividend
Under the situation of Net Income (¥ 3 B) & Operating Cash Flow (¥ 15 B) , Dividend (¥ -3 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 329 M) is Sales first term ratio (¥ -41 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -7 B) is minus or 0, so , there is a possibility that the management situation is severe.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -13 B) & Financial Cash Flow (¥ -5 B) is a minus, Operating Cash Flow (¥ 20 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -7 B) & Operating Cash Flow (¥ 20 B), Dividend (¥ -3 B) is paid.

Ticker Market Industry Month report Rating
@ Sumitomo Bakelite 4203 TSE 1st Chemicals 3 Annual BB

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@ 和光純薬工業 (Sales ¥ 74 B)
@ Sumitomo Bakelite (Sales ¥ 183 B)
@ Chugoku Marine Paints (Sales ¥ 83 B)
@ Milbon (Sales ¥ 23 B)
@ TAIYO HOLDINGS (Sales ¥ 36 B)
@ TENMA (Sales ¥ 58 B)
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