Comprehensive Report
  • Delivery Date: Mar 16, 2018
  • Subscriber No: 980111111
    Inquiry Name: Sample Report Holdings Limited
    Ticket Key: 201803165009800002
    Subscriber Name: APIC Testing
    Attention: aplant
    Address: 479 St Kilda Road, Melbourne, VIC

SAMPLE REPORT HOLDINGS LIMITED

ACTIVE SINGLE LOCATION

Trade Style: SAMPLE REPORT HK HOLDINGS

Chinese Trade Style: 樣本報告香港集團

Chinese Company Name: 樣本報告集團有限公司
Address: RM 1308-15,13/F, MILLENNIUM CITY 5 BEA TWR, 418 KWUN TONG RD, KWUN TONG, KOWLOON, HONG KONG
Tel: 852 - 25161108
DUNS: 66-444-9493

Identification & Summary

Identification

  • 66-444-9493
  • 98999998
  • 9999998
  • Private Limited Company
  • 1993
  • 1993

Summary

  • WHOL OF GARMENTS, HLDG CO
  • 5136-0000
    6719-9901
    5137-0000
  • CLEAR
  • CHAN, TAI MAN
    DIRECTOR
  • YES
  • YES

Currency

All monetary amounts shown in HONG KONG DOLLARS unless otherwise stated.

Street Address

RM-1308-15 13/F, MILLENNIUM CITY 5 BEA TWR, 418 KWUN TONG RD, KWUN TONG, KOWLOON, HONG KONG

Risk Evaluation

D&B Rating: 3A1
Previous Rating: N/A
D&B Risk Predictor: 8.2

SUMMARY

Court: NO
Reg Charge: YES
Paid Up Capital: 20,000
Employs: 100

Risk Assessment

Risk Assessment as of MAR 16, 2018


Risk Indicator

  • 1

Low Risk (1)

High Risk (4)

Risk Level of the Company is : Strong

D&B Rating

3A

Based on net worth

1

Strong (Minimal Risk)

Previous Rating

N/A

N/A


The Dun & Bradstreet Rating of 3A1 indicates:

  • Financial Strength of HK$ 10,000,000 to HK$ 69,999,999 (based on net worth).
  • A Risk Indicator which is Strong (Minimal Risk).

Executive Summary

  • The Risk Predictor for the company is 8.20 which indicates far below average risk. The likelihood of a company having financial distress over the next 12 months is 0.18%.
  • Company has been established for 24 year(s).
  • Nothing detrimental found against the company in D&B Hong Kong District Court, High Court and Gazette files for the past five years.
  • No record found against the company in D&B Small Claim Tribunal files for the past five years.
  • Subject company has 6 payment experience(s).
  • Registered charges are reported for this business.
  • Subject company rents captioned premises.
  • Operation are profitable operations based on its 2016 financial statement.

Financial Highlight

YEAR: 2015
(Figures in (HKD))
 2016
(Figures in (HKD))
Sales 57,450,007 73,692,458
Profit After Tax 6,498,166 3,982,092
Tangible Net Worth 8,188,501 17,938,440

D&B Risk Predictor

D&B Risk Predictor as of MAR 16, 2018


Risk Predictor uses a statistically valid model derived from D&B database to predict the likelihood of a company having financial distress over the next 12 months period.

D&B Risk Predictor for the Company

  • 8.2

Low Risk (10)

High Risk (0.1)

  • The Risk Predictor for this Company is 8.2.
  • It is indicating Far Below Average.

Likelihood of financial distress over the next 12 months based on Financial Stress Score

Far Below Average

Risk Predictor

8.2

(Highest Risk: 0.1; Lowest Risk: 10.0)

Financial Stress Score Equivalent

1491

(Highest Risk: 1001; Lowest Risk: 1890)

Industry Median for the Industry

  • 5.3

Low Risk (10)

High Risk (0.1)

  • The Industry Median for this Industry is 5.3.
  • It is indicating Average.
  • Industry: WHOL MEN'S/BOY'S CLOTHING.

Relative Risk

Average

Industry Median

5.3

(Highest Risk: 0.1; Lowest Risk: 10.0)

Based on

4,487 firms

Key Influencing Factors

  • No record of litigation is found against the subject in D&B database.
  • The subject's total Employee Size suggests slightly lower risk of financial stress.
  • Lower percentage of total payments 90 days or above suggests lower risk of financial stress.
  • The subject's Age suggests lower risk of financial stress.
Disclaimer:-

Indications of slowness can be the result of disputes over merchandise, skipped invoices etc.

Notes:-

1. The Risk Predictor indicates that this company shares some of the same business and financial characteristics of other companies with this classification. It does not mean the firm will necessarily experience financial distress.

2. Risk Predictors are updated the day new information enters the company's file.

3. Both Risk Predictors and Financial Stress Scores are derived from D&B's new Failure Scoring System. Each of them cater different needs in risk assessment.

Monitor this business for changes in Risk Predictor.If you have registered for D&B Monitoring Services click here to email- cssales.hk@dnb.com to add this business to your monitoring list by sending us an email. If you would like to find out more information click here- cssales.hk@dnb.com to send an email to our Customer Service team or call us on 2561-6333.

Trade Payments

Trade Payments as of MAR 16, 2018


Paydex

Paydex is not computable with the current payment information of the company.

Payment Experiences

DATE
 PAYING RECORD
 HIGH CREDIT
 NOW OWES
 PAST DUE
 TERM
 LAST SALE DATE
May 31, 2016 Prompt
 100,000 100,000 0 Net 30 May 31, 2016
Apr 30, 2016 Slow 30
 10,000 10,000 10,000 Net 30 Apr 30, 2016
Mar 31, 2016 Prompt
 10,000 5,000 0 COD Mar 31, 2016
Mar 31, 2016 Prompt/Slow 30
 2,000,000 2,000,000 200,000 Net 60 Mar 31, 2016
Mar 31, 2016 Slow 30
 30,000 2,500 2,500 Net 30 Mar 31, 2016
Mar 31, 2016 Slow 30
 2,000,000 300,000 300,000 Net 30 Mar 31, 2016

In some instances, payment beyond terms can be the result of disputes over merchandise, lost invoices, etc.

All slow paying records are recorded as "slow 30, 60, 90, 120, 150, 180 or 181" (for slow 1-30, 31-60, 61-90, 91-120, 121-150, 151-180, 181 or above). All dollar amounts in this section are rounded by the system.

Public Record Information

Public Record Information as of MAR 16, 2018


A search of the Court File did not show any record of civil suit against the company from High Court, District Court, Small Claim Tribunal, Labour Tribunal and Government Gazette for the past five years.

This corporate information is provided based on the information we have collected from public sources and kept in our record within the last 5 years; and is for general information purpose only. In relation to such information, we would like to remind you that we do not warrant its accuracy, completeness, correctness or whether it is updated at any given time; and we shall disclaim all liabilities on any claims in relation to such information or any part thereof.

Current Investigation

  • On Mar 29, 2017, Mr. Chan, Peter, Financial Controller, submitted financial statement and confirmed operational and historical information.
  • The financial statement(s) of subject was obtained by email.
  • The accounts are audited by Sample Audit, CPA.
  • Fiscal year end date of subject is 30 Jun.
  • On 29/3/2017, contacted the provided contact, Mr. Chan, Peter, Financial Controller, via the captioned phone number, 852-25161108, he confirmed subject's information during current investigation.
  • Mr. Chan submitted audited financial statement as of FY2016 via email during current investigation.
  • He projected that the sales turnover in FY2017 will stay at the same level when compared to FY2016 due to stable operations.
  • Audited financial statement as of FY2015 was audited by Sample Audit, CPA and obtained from the previous investigation via email.
  • Site visit conducted on 29/3/2017 confirmed the subject is located at the captioned address.
  • Subject has not changed its English company name since its establishment.
Outlook
Projected Period Jul 01, 2016 to Jun 30, 2017
Approximately sales HKD 74,000,000

Banks

Banking relations are maintained principally with :

Bank Name
CITIBANK, N.A.
HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (THE)
HANG SENG BANK, LIMITED

Banking Facilities Granted from the Bank(s):

Particulars
Long-Term Loan
Secured Letter of Credit
Total Credit Limit HKD 34,500,000
Est. Credit Limit HKD Low 8 Figures
Deposit Level HKD Low 7 Figures

History

This section was compiled after a company search from the Companies Registry on Jun 08, 2016 and includes capital structure, shareholdings, registered charges and director details. As of the date of the search, the latest annual return filed by the company was dated Oct 05, 2015.
Legal Status: Private Limited Company
Date of Registration: Oct 05, 1993
Incorporation No: 9999998
Business Registration No.: 98999998
Type of Shares No. of Shares
Ordinary Shares 20,000
Fully Paid Up Capital: 20,000 (as of Oct 05, 2015)

Shares are shown to be held by:

Ordinary Shares

Name of Shareholder Location Shares Held Percent (%)
Chan Tai Man Hong Kong 10,000 50.00
Sample Report Parent Co Ltd Hong Kong 10,000 50.00
20,000 100.00

Change in Capital

  • Paid Up capital has been changed from $6,000 to $20,000 on Jan 13, 2006.

Share Allotment

Name No. of Shares
Sample Report Parent Co Ltd 3,000
Chan Tai Man 1,000

Change in Shareholding

From To Shares Date
Chan Tai Man Sample Report Parent Co Ltd 1,000 Jan 14, 2013

Registered Charge

Charge: A Charge of Deposit
Date: Jan 01, 2005
Secured Party: BANK OF CHINA (HONG KONG) LIMI TED
Description: HK$300,000.-
Particular: Deposit A/C No. 110-021-8335444 for securing general banking facilities.
Total Indebtedness: Nil

The above charges do not represent the full history of all transactions relating to the registered charges of the company. Some of the charges may have been released or there could be mortgages charges not reflected in this report. For complete mortgage details, please subscribe to our Full Mortgage Search Copy.

Registered Address
Address RM 1308-1315 13/F Millennium City 5 BEA Twr
418 Kwun Tong Rd
Kwun Tong, Kowloon
Hong Kong
Company Secretary
Name Com Secretary Limited
Address RM A 2/F ABC Bldg
1 ABC St
Central District, Hong Kong Island
Hong Kong

Principals

Details of director(s) are listed as follows:
Name: CHAN, Tai Man
Title: Director
Activity Status: Active in subject's day-to-day operation.
Name: SAMPLE REPORT PARENT CO LTD
Title: Corporate Director
Address: Rm 1308-15
13/F
Millennium City 5 BEA Twr
418
Kwun Tong Rd
Kwun Tong, Kowloon
Hong Kong
Activity Status: Not active in subject's day-to-day operation.

On Nov 29, 2017 legal check from D&B Hong Kong database revealed that no exact court cases against the above stated principal.

Operations

Subject operates as a holding company and through its affiliates are engaged in:
Wholesaling of Garments 100.00%
Major Brands
DnB
  • Production process subcontracted to affiliated factory in PR China.
  • Operations are seasonal.
  • Season peaks during Christmas & New Year.
Major Customer(s)
WWW Department Store
Lucky Boutique Ltd
Major Supplier(s)
MMM Buttons Ltd
Well-Good Threats Ltd
Products/Services Percent (%)
Men's wear 40.00
Ladies' wear 30.00
Children's wear 20.00
Other accessories 10.00
Total 100.00
  • In June 2001, subject has launched its official website, www.sample.com.hk, to enable B2B business. In the same year, its new affiliated factory in Panyu, PR China, has also commenced its operation.
  • Production is subcontracted to affiliated factory located in Panyu, PR China. There are approximately 1,000 workers working there.
  • Production is on OEM and ODM basis.
  • Reportedly, subject's factory is ISO 9001:2000 certified.
  • Subject maintains around 20 active suppliers at present.
  • Reportedly, subject has no plan to change its employee size this year.
  • Subject maintains no warehouse at the captioned address.
  • General price range is from USD 10 to USD 70 depending on the types of products.
  • According to subject's website, subject maintains two offices in Toronto, Canada.
Sales Territory
Local 15%
International 85%
Germany 50%
USA 25%
UK 10%
Selling Terms
Net Terms 60-90 days
L/C (Letter of Credit)
T/T (Telegraph Transfer)
Types of Customers
Wholesalers
Retailers
Number of Customer Accounts: 20
Purchase Territory - Merchandise
International 100%
PR China 100%
Purchasing Terms
Inter-Company A/C
Purchase Territory - Raw Materials
International 100%
PR China
South-East Asia
Purchasing Terms
Net Terms 60-90 days
T/T (Telegraph Transfer)
L/C (Letter of Credit)
Advance
Employees
Total 100
Staff in PRC 1000
Staff shared with its affiliated company(ies).
Location
Previous Address 18/F, Caroline Ctr, Lee Gardens Two, 28 Yun Ping Road, Causeway Bay, Hong Kong
Date of relocation Dec, 2009

  • Premises are located in an industrial/commercial area.
  • Subject rents premises on the 13/F of a multi-storey building.
  • Office is shared with its affiliated company(ies) named Sample Report Parent Co Ltd.
Land Search
Date of Search Jun 08, 2016
Owner of Premises ABC Company Limited.
Relationship with Subject Unrelated Party
Date of Purchase Mar 18, 1999
Purchase Price $6,700,000
Mortgaged Bank: BANK OF CHINA (HONG KONG) LIMI

Financial Information

Financial Summary Graph


Financial Summary

YEAR:


 2015

(Figures in (HKD))
 2016

(Figures in (HKD))
Current:
Assets 10,663,586 19,166,895
Liabilities 19,844,551 13,780,852
Working Capital -9,180,965 5,386,043
Other:
Tangible Assets 32,424,634 43,689,284
Non-Current Liability 15,055,168 31,136,887
Tangible Net Worth 8,188,501 17,938,440
Annual Sales 57,450,007 73,692,458
Profit After Tax 6,498,166 3,982,092
Profit Before Tax 7,053,825 4,797,692
Cash & Bank 5,012,361 6,040,000
A/Cs Receivable 1,895,501 7,545,051
Inventory 1,891,260 2,679,689
Fixed Asset 32,395,683 43,663,584
Trade Creditors 5,647,646 4,899,091

Balance Sheet

YEAR:


 Consolidated statement as of Jun 30, 2016

(Figures in (HKD))
Cash and Bank 6,040,000
Receivables 7,545,051
Inventories/Stocks 2,679,689
Short Term Deposit 838,935
Prepayments 665,661
Due from Subsidiaries 376,246
Due from Related Co. 539,321
Trade Securities 373,405
Inv Securities 88,945
Other Current Assets 19,642
TOTAL CURRENT ASSET 19,166,895
Trade Creditors 4,899,091
Creditors and Borrowings 2,521,167
Bank Loans 733,817
Prov. for Income Tax 618,863
Prov. for Dividends 59,224
Due to Parent 821,797
Due to Subsidiaries 276,965
Due to Related Co 53,153
Other Curr Liab 3,796,775
TOTAL CURRENT LIAB 13,780,852
Prpty, Plant and Equip 42,863,637
Other Fixed Assets 799,947
TOTAL FIXED ASSET 43,663,584
Loans Secured 27,151,349
Minority Interests 883,252
Other Non-Curr Liab 3,102,286
TOTAL NON-CURRENT LIAB 31,136,887
Investments 25,700
TOTAL INVESTMENT 25,700
Goodwill 295,962
Paid Capital 20,000
Reserves 1,601,658
Accum./Retained Profit 2,809,246
Other Equity 13,803,498
TOTAL INTANGIBLES 295,962
TOTAL EQUITY 18,234,402
TOTAL ASSETS 63,152,141
TOTAL LIAB AND EQUITY 63,152,141

Profit & Loss

PERIOD:


 Jul 01, 2014 to Jun 30, 2015

(Figures in (HKD))
 Jul 01, 2015 to Jun 30, 2016

(Figures in (HKD))
Sales 57,450,007 73,692,458
Cost of Good Sold 43,662,005 58,470,177
Gross Profit 13,788,002 15,222,281
Operating Expenses 6,634,177 10,324,589
Operating Profit 7,153,825 4,897,692
Finance Cost 100,000 100,000
Profit before Tax 7,053,825 4,797,692
Taxation 555,659 815,600
Profit After Tax 6,498,166 3,982,092
Minority Interest 364,200 143,711
Net Profit Attribut. to Shareholders 6,133,966 3,838,381

Financial Ratio Graph



Financial Ratios

YEAR:

 2015

 2016
Current Ratio 0.53 1.39
Quick Ratio 0.37 1.01
Total Debt to Equity Ratio 4.08 2.46
Debt Ratio 0.80 0.71
Asset to Sales Ratio 0.75 0.85
Collection Period (Day) 12.04 37.37
Inventory Turnover 15.81 16.72
Net Profit Margin (%) 11.31 5.40
Return on Assets (%) 14.95 6.30
Return on Equity (%) 79.35 22.19

Subject condition is considered Strong.

Corporate Structure

Affiliated Company

Name: SAMPLE REPORT PARENT CO LTD
Address: Rm 1308-15 13/F Millennium City 5 BEA Twr
418 Kwun Tong Rd
Kwun Tong, Kowloon
Hong Kong
Relationship with Subject: Affiliate holds 50% subject's shares

Appendices

HEADER INDICATOR

Status Description
Active Registration is valid from official source.
Inactive Either deregistered, dissolved or in voluntary/compulsory liquidation process.
Caution No registration is found from official source.
Single Location Individual Entity with no upper linkage.
Branch Branch Location.
Headquarters Headquarters or Entity with upper linkage.

D&B Rating Glossary

D&B Rating allows you to quickly assess a company's financial strength and credit appraisal to help determine its credit-worthiness. The Dun & Bradstreet Rating is made up of two components: the Financial Strength and the Composite Credit Appraisal.

Financial Strength Indicator

Net Worth Capital From - (HK$) To - (HK$)
5A 5AA 300,000,000 And Above
4A 4AA 70,000,000 299,999,999
3A 3AA 10,000,000 69,999,999
2A 2AA 7,000,000 9,999,999
1A 1AA 6,000,000 6,999,999
A AA 5,000,000 5,999,999
B BB 4,000,000 4,999,999
C CC 3,000,000 3,999,999
D DD 2,000,000 2,999,999
E EE 1,000,000 1,999,999
F FF 500,000 999,999
G GG 200,000 499,999
H HH 0 199,999
Other Interpretation
N Financial Strength is negative
O Financial Strength is undisclosed
NB New Business: Less than 24 months
FB Foreign Branch
NQ Out of Business
Composite Credit Appraisal Condition
1 Strong
2 Good
3 Fair
4 Poor
- Undetermined

Risk Predictor Score Methodology

  • The Risk Predictor Score predicts the probability of business failure (i.e. going out of business) within the next 12 months.
  • The Score is based on a scale of 0.1 to 10, where 0.1 represents the highest risk and 10 lower risk. It is developed using advanced statistical techniques and available data from D&B's vast database.

Key Drivers in the Risk Predictor Score include the following:

Business Demographics Payment Information
Employee Size Trade Experience
Industry Slow Payment
Legal Structure Maximum High Credit
Business Age Paydex
Collection Amount
Financial Information Court Information
Net Worth High Court Records
Turnover District Court Records
Current Ratio
Debt Ratio
Profit Margin

Interpretation of Payment Experience

Terminology Definition
Date The date of the paying record as of.
Paying Record To indicate how promptness is the payment made.
High Credit The highest outstanding amount in D&B Payment Database that is due to the same suppliers in the past 12 months.
Now Owes The total outstanding amount due to a specific supplier as of the payment record date.
Past Due The total outstanding payment not made as of the scheduled credit period and indicates slow payment.
Term The credit term and days agreed by specific supplier.
Last Sale Day The date at which the latest sales recorded.

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

Value Added Services

More of our customers are enhancing their processes so they can identify and take action on their risky accounts before they go bad. And they are leveraging predictive risk insight to improve the productivity of their collections efforts. These actions are working in their efforts to overcome the challenges of the current economic environment.


D&B Risk Portfolio Manager benchmarks your entire customer base and provides a risk ranking to help you more accurately understand the risk profile of your accounts.Being our valued customer, you can try out a risk breakdown analysis on your portfolio and get a detailed view on the good and bad accounts. We will show you step-by-step the best practices for protecting your company's bottom line in current economic environment.For more information, contact Customer Service at (852) 2561-6333 or email cssales.hk@dnb.com.

Confidentiality

CONFIDENTIAL: THIS INFORMATION IS PROVIDED BY DUN & BRADSTREET SUBJECT TO THE TERMS AND CONDITIONS OF YOUR SUBSCRIPTION CONTRACT AND IS NOT TO BE DISCLOSED.


This report, furnished pursuant to contract for the exclusive use of the subscriber as one factor to consider in connection with business decisions, contains information compiled from sources which Dun & Bradstreet (HK) Ltd does not control and whole information,unless otherwise indicated in the report, has not been verified.In furnishing this report, Dun & Bradstreet (HK) Ltd 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 whatsoever resulting from contingencies beyond its control or from negligence. The preceding information (data) is for information purposes only and is not the official record of this business (company). Information in this report is based upon existing records in D&B database as of today and may not include information (data) which relates to this company (business) due to possible changes in ownership, control, name or legal status.


COPYRIGHT 2018 DUN & BRADSTREET (HK) LTD. THIS REPORT MAY NOT BE REPRODUCED IN WHOLE OR IN PART IN ANY FORM OR MANNER WHATSOEVER WITHOUT THE WRITTEN CONSENT OF D&B.


If you have any questions or suggestions about this report, please call the D&B Customer Service Centre on 2561-6333.

(LI/AM/--)

END OF REPORT