Completing the credit rating system of corporate customers at Lien Viet Post Commercial Joint Stock Bank - 14

APPENDIX IV

Table IV.3: Standards for evaluating financial indicators of enterprises in the Heavy Industry group
TargetsLarge scaleMedium sizeSmall scale
100806040201008060402010080604020
<<<
Liquidity indicator group               
1.Short solvency
term
2.01.51.00.50.52.21.61.20.80.82.41.91.41.01.0
2.Ability
payment
1.20.90.60.40.41.31.00.70.50.51.41.10.80.50.5
Group of activity targets               
3.Inventory turnover4.54.03.52.52.55.04.54.03.53.55.55.04.54.04.0
4.Rotation
capital
3.53.02.52.02.03.53.02.52.02.03.53.02.52.02.0
5.The rotation of the
turnover
5.55.04.54.04.06.05.55.04.54.56.56.05.55.05.0
6.Effective use
use of assets
1.81.51.21.01.01.81.51.21.01.01.81.51.21.01.0
Debt balance target group               
7. Liabilities
/Total Assets
455060707045505565654045505555
8. It payable / equity
ownership
12215018523323310012215018518582100122150150
Income target group               
9.LNTT / Sales
revenue
5.554336542.52.56.56544
10.EBT/TTS65.55446.5542.52.576.5655
11.EBT/Equity14.213.713.3131314.213.31312.212.213.31312.912.512.5
(Source: proposal of the topic)

APPENDIX IV

Table IV.4: Standards for assessing financial indicators of light industry enterprises
TargetsLarge scaleMedium sizeSmall scale
100806040201008060402010080604020
<<<
Liquidity indicator group               
1.Short-
term solvency
2.11.61.10.60.62.31.81.30.90.92.52.01.51.11.1
2.Fast
payment ability
1.31.00.70.40.41.41.10.80.50.51.51.20.90.60.6
Group of
activity targets
               
3.Vong rotating
inventory
5.05.04.03.03.06.05.14.33.53.57.06.05.04.04.0
4. Working
capital turnover
4.03.32.62.02.04.03.32.62.02.04.03.32.62.02.0
5.Receivables
turnover
6.05.54.04.54.57.06.56.05.55.57.57.06.56.06.0
6.Effective
use of assets
2.01.61.31.01.02.21.81.41.01.02.41.91.41.01.0
Debt balance target group               
7. Liabilities
/Total Assets
455060707045505565654045505555
8. It payable / equity
ownership
12215018523323310012215018518582100122150150

Income target group
               
9.LNTT / Sales
revenue
5.554336542.52.56.56544
10.EBT/TTS65.55446.5542.52.576.5655
11.EBT/Equity14.213.713.3131314.213.31312.212.213.31312.912.512.5
(Source: proposal of the topic)

APPENDIX IV

Table IV.5: Standards for evaluating financial indicators of enterprises in the capital construction investment industry
TargetsLarge scaleMedium sizeSmall scale
100806040201008060402010080604020
<<<
Liquidity indicator group               
1.Short-
term solvency
1.91.40.90.50.52.11.61.10.60.62.31.71.20.70.7
2.Fast
payment ability
0.80.50.30.10.11.00.70.50.30.31.20.90.70.50.5
Group of activity targets               
3.Inventory turnover3.02.52.01.51.53.53.02.52.02.04.03.53.02.52.5
4. Working
capital turnover
2.01.51.00.80.82.01.51.00.80.82.52.01.51.01.0
5.Receivables
turnover
4.03.32.62.02.04.54.02.62.22.24.53.83.12.52.5
6.Effective use
use of assets
1.21.00.80.60.61.61.31.00.70.71.61.31.00.70.7
Debt balance target group               
7.Liabilities
/Total Assets
556065707050556065654550556060
8. It payable / equity
ownership
69100150233233691001221501506669100122122
Income target group               
9.LNTT / Sales
revenue
8765598766ten9877
10.EBT/TTS64.53.52.52.56.55.54.53.53.57.56.55.54.54.5
11.EBT/Equity9.298.78.38.311.511ten8.78.711.311ten9.59.5
(Source: proposal of the topic)
Table V.1: Scoring the financial indicators of JSC A by the modified model proposed by the topic
TargetsUnitValueInitial scoreWeightWeighted Score
Liquidity indicator group     
1.Short-term solvencyTime1.486014%8.4
2.Fast payment abilityTime1.37808%6.4
Group of activity targets     
3.Inventory turnoverRing5.53808%6.4
4. Working capital turnoverRing0.19208%1.6
5.Receivables turnoverRing0.2208%1.6
6.Effective use of assetsTime0.14204%0.8
Debt balance target group     
7.Liabilities/Total Assets%38.510015%15
8.Liabilities/Equity%62.510015%15
Income target group     
9. Profit before tax/Revenue%1.55208%1.6
10. Profit before tax /Total assets%0.21206%1.2
11. Profit before tax /Equity%0.35206%1.2
Total weighted score59.2
(Source: Grading according to the proposed model of the topic)
Table V.2: Determining the default risk index of JSC A using Altman's Z-score statistical function
TargetsUnitValue
Total assets (TA)Million dong489,595
Current Assets (CA)Million dong247.546
Short-term debt (CL)Million dong167,304
Working Capital (CA-CL)Million dong80.242
Retained earnings (RE)Million dong1.332
Earnings before interest and taxes (EBIT)Million dong1,769
Intangible Assets (IA)Million dong16.743
Book value of debt (TL)Million dong188,263
Book value of equity (BV=TA-IA-TL)Million dong284,589
Net Sales (SL)Million dong67,350
X1 = (CA-CL)/TA 0.164
X2 = RE/TA 0.002
X3 = EBIT/TA 0.003
X4 = BV/TL 1.511
X5 = SL/TA 0.137
Z = 1.2X1 + 1.4X2 + 3.3X3 + 0.64X4 + 0.999X5 1.313
(Source: Grading according to the proposed model of the topic)

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Completing the credit rating system of corporate customers at Lien Viet Post Commercial Joint Stock Bank - 14

Date published: 17/11/2021