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Credit Rating Analysis: SHOWA SHELL SEKIYU (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): SHOWA SHELL SEKIYU (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. ¥ 2.6 T
-5.12%
¥ 12 B
-79.49%
¥ 1 B
-95.61%

Financial Timeline

Date  2012-12-31 
(Annual )
 2013-03-31 
(First quarter )
 2013-06-30 
(Second quarter )
 2013-09-30 
(Third quarter )
Credit Rating BBBBBBBBB
Total Assets
¥ 1.2 T
¥ 1.2 T
¥ 1.1 T
¥ 1.2 T
Net Assets
¥ 273 B
¥ 295 B
¥ 301 B
¥ 310 B

Financial Statement Risk Analysis: SHOWA SHELL SEKIYU (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
[Date: 2012-12-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 2.6 T) is first term Sales (¥ 2.7 T) 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 (¥ 23 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (0.04%) is first term Net Profit Margin (0.83%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -17 B) & Financial Cash Flow (¥ -21 B) is a minus, Operating Cash Flow (¥ 41 B) is a plus,
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 41 B) , Dividend (¥ -6 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 50 B) is Sales first term ratio (¥ -142 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-12-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -24 B) & Financial Cash Flow (¥ -31 B) is a minus, Operating Cash Flow (¥ 50 B) is a plus,
Dividend
Under the situation of Net Income (¥ 23 B) & Operating Cash Flow (¥ 50 B) , Dividend (¥ -6 B) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 2.7 T) is first term (¥ 2.3 T) more, however Operating Cash Flow (¥ 50 B) is first term (¥ 89 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2010-12-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -82 B) & Financial Cash Flow (¥ -8 B) is a minus, Operating Cash Flow (¥ 89 B) is a plus,
Dividend
Under the situation of Net Income (¥ 15 B) & Operating Cash Flow (¥ 89 B) , Dividend (¥ -10 B) is paid.
[Date: 2009-12-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -57 B) & Operating Cash Flow (¥ -7 B) 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 (¥ -7 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 (¥ -57 B) & Operating Cash Flow (¥ -7 B), Dividend (¥ -13 B) is paid.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -7 B) and Investment Cash Flow (¥ -47 B) is minus, so , there is a possibility of the overinvestment.

Related Information: SHOWA SHELL SEKIYU (Annual )

Statement Type
Annual : SHOWA SHELL SEKIYU
First quarter : SHOWA SHELL SEKIYU
Second quarter : SHOWA SHELL SEKIYU
Third quarter : SHOWA SHELL SEKIYU
Analysis Menu
@Outline : SHOWA SHELL SEKIYU
@Statement : SHOWA SHELL SEKIYU
@Rating : SHOWA SHELL SEKIYU
@Indicator : SHOWA SHELL SEKIYU
@Download : SHOWA SHELL SEKIYU
Industry Comparison Ranking
Oil & Coal Products - EDIUNET Industry Rankings
Oil & Coal Products - EDIUNET Credit Rating
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Related company's newest statement

Date Company Credit Rating Date
1/15 MORESCO A 2013-11-30 (Q3)
11/8 AOC Holdings CC→C 2013-09-30 (Q2)
11/8 Yushiro Chemical Indutry BBB 2013-09-30 (Q2)
11/7 MITSUUROKO B→BBB 2013-09-30 (Q2)
11/6 Nichireki BBB 2013-09-30 (Q2)
11/5 出光興産 BBB 2013-09-30 (Q2)
11/5 コスモ石油 CC→BB 2013-09-30 (Q2)
11/5 SHOWA SHELL SEKIYU CCC→BBB 2013-09-30 (Q3)
11/1 JX Holdings A 2013-09-30 (Q2)
10/31 シナネン A→BB 2013-09-30 (Q2)

Ticker Market Industry Month report Rating
@ SHOWA SHELL SEKIYU 5002 TSE 1st Oil & Coal Products 12 Annual B

Related Company

@ TOA OIL (Sales ¥ 33 B)
@ コスモ石油 (Sales ¥ 3.1 T)
@ FUJI KOSAN COMPANY,  (Sales ¥ 95 B)
@ MORESCO (Sales ¥ 19 B)
@ Yushiro Chemical Indutry (Sales ¥ 24 B)
@ MITSUUROKO (Sales ¥ 211 B)
@ SHOWA SHELL SEKIYU (Sales ¥ 2.6 T)
@ AOC Holdings (Sales ¥ 780 B)
@ シナネン (Sales ¥ 274 B)
@ Nichireki (Sales ¥ 56 B)
@ 出光興産 (Sales ¥ 4.3 T)
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