This report prepared by Huaxia D&B China is sent to answer your inquiry on:

Shenzhen Amei Display Products Co., Ltd

D-U-N-S: 52-560-7129

Prepared for   :   D&B Registration (Normal) - 1 year
Subscriber Key   :   927012669
Delivery Date   :   Jul 04,2011
Printed on   :   Jul 04,2011
Inquiry Date   :   Jun 29,2011
Inquiry Subject   :   深圳市亚美展示用品有限公司
Inquiry Address   :   深圳
Inquiry Phone/Fax   :     
Inquiry Reference   :   CS Dept.

Copyright © 2011-2015 Shanghai Huaxia Dun & Bradstreet Business Information Consulting Co., Limited

THIS REPORT MAY NOT BE REPRODUCED IN WHOLE OR IN PART IN ANY FORM OR MANNER WHATSOEVER
This report, furnished pursuant to contract for the exclusive use of the subscriber as one factor to consider in connection with credit, insurance, marketing or other business decisions, contains information compiled from sources which Shanghai Huaxia Dun & Bradstreet Business Information Consulting Co., Limited (Huaxia D&B China) does not control and whose information, unless otherwise indicated in the report, has not been verified. In furnishing this report, Huaxia D&B China in no way assumes any part of the user's business risk, does not guarantee the accuracy, completeness, or timeliness of the information provided, and shall not be liable for any loss or injury whatever resulting from contingencies beyond its control or from negligence.
 
   
Identification & Summary Risk Trade History Principals Operations Structure Finance Public Records Appendices

Shenzhen Amei Display Products Co., Ltd
Report compiled Jul 04,2011
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IDENTIFICATION & SUMMARY

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Identification
Company Name Shenzhen Amei Display Products Co., Ltd
Official English Name Yes
Chinese Name 深圳市亚美展示用品有限公司
DUNS® Number 52-560-7129
Address 6/F, Bldg. A, Jinxiongda Tech. Park, South Huanguan Rd., Guanlan Street, Bao'an Dist.
Shenzhen
Guangdong
Postal Code 518110
Address (Chinese) 宝安区观澜街道环观南路金雄达科技园A栋六楼
深圳市
广东省
Telephone 0755 29588589-815
Facsimile 0755 29588580
Website www.szamei.com
E-mail john@szamei.com
Type of Business A limited company
Year Started 2009
History Clear
Exports Yes
Employees 150 (Total)
Principal Xiaoping WANG / General Manager
US SIC Code 3231 0000
Primary Business Products of purchased glass
 
 

Risk Summary

    
 
RISK EVALUATION
   
  EMMA Score 7  
  D&B Rating EE3  
  D&B PAYDEX® N/A  
 
LEGAL EVENTS
   
  Litigation Records 0  
 
PRINCIPAL INFORMATION
   
  Principal(s) 3  
 
PAYMENT INFORMATION
   
  Trade References 0  
 
COMPANY KEY EVENTS
   
  History Changes 0  
  Media Records 0  
 
FINANCIAL SUMMARY
   
  Registered Capital RMB 500,000  
 
 
Click on summary items for full details
 
 
 
CURRENCY
All monetary amounts quoted in this report are shown in Renminbi(RMB) unless otherwise stated.
 
REMARK
"-" stands for "Insufficient information" or "No comments".
 
 
   

Risk Assessment


  EMMA Score 7  
  Relative Risk  
 
Higher Than Average Risk 
 
   
  1 10  
 
  D&B Rating EE3  
  Financial Strength EE (Registered Capital 450,000 - 649,999)  
  Composite Appraisal3 Fair 

Company Overview

Subject is mainly engaged in the production and sales of acrylic, plexiglass products. It was established in 2009. Currently, subject owns around 150 staff.

Current Investigation


On Jul 04,2011 , Miss Zou (Tel:0755-29588589), confirmed partially operational and historical data in this report. Other information from a third party source and last investigation.

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RISK ANALYSIS
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EMMA Score


1  2  3  4  5  6  7  8  9  10 

Company EMMA Score

The Company EMMA Score is 7, indicating Higher Than Average Risk.


EMMA Score Analysis

Subject is rated average scores in some aspects and poor scores in other aspects as follows:

  Good Factor Bad Factor  
  Business Type Years in Business  
    Registered capital  
    Employee Size  
EMMA Score
7
Industry Norm Grouping
       
  Industry Group SIC 3231  
  Industry Group Description Products of purchased glass  
  Industry Group EMMA Score Quartile Values
Lower Quartile 3
Median 4
Upper Quartile 7
 

Company Risk Vs Industry Norm Chart
EMMA Score
Lower Quartile
Median
Upper Quartile
  0 1 2 3 4 5 6 7 8 9 10
EMMA Score
Shenzhen Amei Display Products Co., Ltd Industry
Distribution of EMMA Score in Huaxia D&B China's Database
40%
35%
30%
25%
20%
15%
10%
5%
0%
  1 2 3 4 5 6 7 8 9 10
 
Score Distribution
1 19%
2 8%
3 15%
4 13%
5 9%
6 11%
7 6%
8 9%
9 8%
10 2%

Note: please refer to the report appendix for the principle and major factors of Huaxia D&B China EMMA Score.

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TRADE PAYMENTS
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Up to Jul 04,2011 , no particular payment records on subject can be found in HDBC Dun-trade Program database. In addition, any related payment information for subject could not be obtained via tele-interviews during current investigation.

D&B PAYDEX®


The D&B PAYDEX® is a unique indicator of payment performance weighted by the monetary value of the payment experiences as reported to D&B by trade references. A detailed explaination of how to read and interpret PAYDEX values can be found in the Appendices section of this report.


  PAYDEX of This Business UN
     
  PAYDEX of This Business      UN
     
  It requests at least three trade experiences to generate a PAYDEX. PAYDEX is not computable with the current payment information of the company.
     
 
  PAYDEX of This Industry
73
 
 
 
 
   
  0 100  
 
  When weighted by value,payments to suppliers average 11 days beyond terms based on payments collected over the last 24 months
 
  Industry Name:Products of purchased glass
  Industry Median:73
  Upper/Lower Quartile:95/43
  Based on:240 businesses
     
 
D&B PAYDEX® Key
High risk of late payment(average 30 to 120 days beyond terms) Medium risk of late payment(average 30 days or less beyond terms) Low risk of late payment(average prompt to 30+ days sooner)

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HISTORY
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Registration


Registration Date Mar 25,2009
Registered At Shenzhen Administration for Industry & Commerce
Registration No. 440306103913735
National Organization Code 685391648
License Expiry Date Mar 25,2019
Registered Capital RMB 500,000
Tax No. 440300685391648
Business Started 2009
Type of Business a limited company
Registered Address 6/F, A Bldg., Jinxiongda Tech. Park, South Huanguan Rd., Dahe Community, Guanlan Str., Bao'an Dist., Shenzhen
Legal Representative Zou Lile
Business Scope Demonstrate the production of goods (environmental approval is valid until September 30, 2011) and sales, domestic commerce, materials supply and marketing of goods and technology import and export. (The above are free laws, administrative regulations, and required the State Council decided to ban pre-approval of the project)

Shareholder(s)

Shareholding Structure

Name Region/ Country Shares Investment Mode Paid-Up Rate
Wang Xiaoping
王小平		 China 80% Cash fully paid
Zou Lile
邹利乐		 China 20% Cash fully paid
Total   100%    

Comment:

  • Subject passed the annual inspection of 2010 with Administration for Industry & Commerce.
  • Should you need to know if subject's legal representative is also the legal person, shareholder or member of director of other entities in mainland China, or about subject's subordinate companies invested by subject, you may refer to subject's Entity Family Linkage Overview Report.

    • History Summary

    Subject was established in 2009, at the beginning of its establishment, subject's shareholders were Wang Xiaoping and Zou Lile. Zou Lile is now acting as subject's legal representative.

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    PRINCIPALS
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    Principal(s)

    Lile ZOU - Legal Representative
    邹 利乐

    Gender Male
    Nationality China


    Xiaoping WANG - General Manager
    王 小平

    Gender Male
    Year of Birth 1971
    Nationality China
    Activity Status Yes
    Area of Responsibility Overall management
    Related Working Experience 5 Year+


    Lishan ZOU - Manager
    邹 利山

    Gender Male
    Year of Birth 1977
    Nationality China

    Other principal information is not available.

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    OPERATIONS

    		 Summarise  
       

    Line of Business

    Subject is a manufacturer.

    Subject is mainly engaged in the production and sales of acrylic, plexiglass products.


    3231 0000 Products of purchased glass

    Licenses

    Subject is entitled to independent import and export rights.



    Products & Services

    Product Name Maximum Productivity Percent
    organic glass products RMB 10 mln. yuan per year  

    Purchasing

    Purchase Territory

    Area Percent Region/Country
    Domestic 100%  

    Purchasing Terms

    Terms   Percent
    Agreement/Contract basis - -

    Major Suppliers

    Area Name DUNS  
    Domestic Guangshun Plastic Product Factory    
    Domestic Xishun Plastic Product Factory    

    Selling

    Sales Territory

    Area Percent Region/Country
    Domestic 30%  
    Overseas 70%  

    Selling Terms

    Terms   Percent
    Agreement/Contract basis - -

    Customer Type

    Type Percent
    Manufacturers 30%
    Wholesalers & Retailers 65%
    Government 4%
    Individuals 1%

    Major Customers

    Area Name DUNS
    Domestic Shenzhen Anji'er Clean Water Industry Group  
    Domestic Philip Lamp Decorations Manufacture Co., Ltd.  

    Employees

    Employee Size


    Type Number
    Total 150
    The above are approximate staff numbers.

    Operations Summary
    Subject is mainly engaged in the production and sales of acrylic, plexiglass products. Major products include organic glass products. The productivity of organic glass products is RMB 10 mln. yuan per year. Subject is entitled to I/E Rights. Subject's products 30% are sold in domestic market and 70% are exported. Subject's major customer includes Shenzhen Anji'er Clean Water Industry Group , Philip Lamp Decorations Manufacture Co., Ltd. and etc. 100% of subject's purchasing is conducted in domestic market. Subject's major suppliers include Guangshun Plastic Product Factory, Xishun Plastic Product Factory and etc.

    Location

    Principal Place of Business

    Location Description A development area
    Used as Office and factory

    Other Place of Business

    Type REGISTERED ADDRESS
    Address 6/F, A Bldg., Jinxiongda Tech. Park, South Huanguan Rd., Dahe Community, Guanlan Str., Bao'an Dist., Shenzhen
       

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    FINANCE & BANKING
    Summarise
    		 
       
    Financial Comments
     
    • During this current investigation, the latest financial statements of subject are not available.
    		 

    Industry Financial Norms

      Ratio
    		 2009 2008 2007  
      No. of enterprises covered 1039 1016 208  
      Current Ratio
    Total Current Assets/Total Current Liabilities    		 1.18 1.18 1.22  
      Quick Ratio
    (Total Current Assets - Total Inventory)/Total Current Liabilities    		 0.85 0.84 0.92  
      Debt/Equity Ratio
    Total Liabilities/Total Equity    		 1.01 1.12 0.90  
      Debt Ratio
    Total Liabilities/Total Assets    		 0.52 0.54 0.49  
      Collection Period (Days)
    Accounts Receivable/Sales x 360    		 33.98 33.00 62.15  
      Payment Period (Days)
    Accounts Payable/Cost of Sales x 360    		 39.50 39.67 58.93  
      Inventory Turnover (Days)
    Total Inventory/Cost of Sales x 360    		 40.00 44.00 69.21  
      Asset Turnover
    Net Sales/Total Assets    		 1.34 1.53 0.77  
      Net Profit Margin %
    Net Profit(Loss)/Sales x 100%    		 3.57 3.66 8.42  
      Return On Equity %
    Net Profit(Loss)/Total Equity x 100%    		 14.86 15.16 13.71  
      Return On Assets %
    Net Profit(Loss)/Total Assets x 100%    		 6.25 6.19 5.69  

  • Above industry financial norms were derived by calculating the data in HDBC's database.

    Banking

    The company maintains relationship(s) with the following bank(s) in China:

    Shenzhen Rural Commercial Bank

    Account Number 000047515396

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    INDUSTRY HIGHLIGHTS

    		 Summarise  
     
       

    Industry Highlights


    Date May23,2011
    Source Statistics Authorities
    Detail By the end of November 2010, Manufacture of Non-metallic Mineral Products Industry had a total of 34,924 enterprises with 5,180,128 employees. Of which, there are 4,296 enterprises running under deficit, accounting for 12.3% amid the industry. Total Assets of enterprises in the industry totaled RMB 2,411.3 billion, and the debt ratio posted 56%. In the first eleven months of 2010, total profit of the industry booked RMB 204.4 billion on the revenue of RMB 2,825.6 billion. The profit margin achieved 7.23%, asset turnover recorded 1.17, and return on assets reached 8.48%.
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    Public Records
    Summarise
    		 
       

    Litigation Records

    Up to Jul 04,2011 , HDBC has searched the China Court website, website of local court in the place where subject is located, major domestic courts nets as well as our internal China court database, but no related
    court records can be found against the subject during current investigation.
    Clarifications:
    1. There lacks public access to litigation records in Chinese courts.
    2. There also lacks a centralized database for litigation information as China’s legal regime is built vertically and one segment is separate from another.
    3. Information search is not feasible in courts.
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    APPENDICES

    		 Summarise  
       

    HDBC EMMA Score
    Summarise

    D&B EMMA Score (Emerging Market Mediation Alert Score) is a risk assessment model developed for emerging market countries. It is a score developed by data profiling approach and statistical molding, which predicts the possibility of a business in perilous status of instability or unreliability, such as poor financials, late payment, stale inventory, abnormal operational status, etc. The EMMA Score provides you with a quick assessment of a business' risk standing, and when used together with other information, allows you to make better risk decisions. The EMMA Score is based on a scale of 1 to 10, where 1 represents a lower risk and 10 a higher risk.

    HDBC EMMA Score Commentary
    Range % of High Risk Business EMMA Score   % of Report in Database   Commentary  
    Low Risk Scores 2.0% 1   10.5%   Much lower Risk  
      2.7% 2   8.6%   Low Risk  
      3.1% 3   10.8%   Moderate low Risk  
    Medium Risk Scores 4.7% 4   16.3%   Below average Risk  
      7.0% 5   15.9%   Slight below average Risk  
      8.1% 6   11.4%   Average Risk  
      10.9% 7   7.1%   Higher than average Risk  
    High Risk Scores 16.5% 8   6.8%   Moderate high Risk  
      24.5% 9   6.5%   High Risk  
      41.9% 10   6.1%   Much Higher Risk  

    EMMA Score for China is initially rolled out in May 2009, derived from an Index Development Sample of close to 4,000,000 company records. When using the Score to make individual applicant decisions, a customized version of this table based on an analysis of the Score against your customer account portfolio is recommended. It does not necessarily mean doing business with a company, which is assigned with higher Risk Score, will result in increased risk.


    The Key Drivers of the EMMA Score include the following:

    Business Information

    • Business Type
    • Line of Business
    • Employee Size
    • Sales Territory
    • Registered Capital
    • Years in Business
    • History Status
    • Property Ownership

    Public Record

    • Number of Negative Record

    Financial Information

    • Quick Ratio
    • Debt Ratio
    • Assets Turnover
    • Collection Period
    • Net Profit Margin
    • Return on Equity

    Geographical Information

    • Region & Province

    Payment Information

    • Payment Period
    • Percentage of Overdue Payment
    EMMA Score Application
    • Low EMMA Score - May proceed to process the applicant quickly with minimal or no manual review depending on the extent of score validation analysis.
    • Medium EMMA Score - Medium Risk Scores - Recommend a manual review of the applicant based on the applicant's capacity, your internal policy and risk tolerance.
    • High EMMA Score - High Risk Scores - Requires thorough manual review of potential decline, or approval depending on the applicant's capacity, your internal policy and risk tolerance.

    The above illustration assumes that no prior history or experience with the new applicant. When using EMMA Score, combination with other information including an internal assessment policies, other HDBC data, and front channel input is suggested.

    D&B Rating
    Summarise

    D&B Rating Interpretation Tables


      Financial Strength   Composite Credit Appraisal
    Tangible Net worth Registered Capital Renminbi (RMB) Strong Good Fair Limited Undetermined
    5A 5AA > 450,000,000 1 2 3 4 -
    4A 4AA 85,000,000 - 449,999,999 1 2 3 4 -
    3A 3AA 8,500,000 - 84,999,999 1 2 3 4 -
    2A 2AA 6,500,000 - 8,499,999 1 2 3 4 -
    1A 1AA 4,500,000 - 6,499,999 1 2 3 4 -
    A AA 2,500,000 - 4,499,999 1 2 3 4 -
    B BB 1,750,000 - 2,499,999 1 2 3 4 -
    C CC 1,000,000 - 1,749,999 1 2 3 4 -
    D DD 650,000 - 999,999 1 2 3 4 -
    E EE 450,000 - 649,999 1 2 3 4 -
    F FF 300,000 - 449,999 1 2 3 4 -
    G GG 200,000 - 299,999 1 2 3 4 -
    H HH < 200,000 1 2 3 4 -
      Alternate Ratings   Explanation               
    N Financial Strength is negative     3 4 -
    O Financial Strength is undisclosed 1 2 3 4 -
    NB New Business: Less than 24 months 1 2 3 4 -
    NQ Out of Business: Business has ceased to trade 4  
    BR Branch or division location
    INV Investigation is undergoing

    Explanation of PAYDEX

    A score of 80 denotes that payments reported to D&B have generally been made within terms. Scores over 80 indicate that payments reported to D&B have been made earlier than terms. The chart below outlines the specific 0-100 score and what it means.

     

    D&B PAYDEX®   Payment Habit
    100   Anticipate
    90   Discount
    80   Prompt
    70   15 days beyond terms
    60   22 days beyond terms
    50   30 days beyond terms
    40   60 days beyond terms
    30   90 days beyond terms
    20   120 days beyond terms
    0-19   Over 120 days beyond terms
    UN   Unavailable

    Customer Service
    Summarise

    Customer Service Contact Information
    Web www.huaxiadnb.com
    Email enquiry@huaxiadnb.com
    Telephone 400-820-3536 (Shanghai)
    400-810-3531 (Beijing)
    800-830-9032 (Guangzhou)
    		 
    Our ref: 201106299309300271

    Your ref: CS Dept.
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