What is a corporate credit report?

Enterprise credit report is a comprehensive record of all kinds of economic activities of enterprises, reflecting the credit status of enterprises, is the basic product of enterprise credit system. The enterprise credit report is issued by the credit center of the People's Bank of China or other authorized institutions, and contains the basic information, financial information, debt information, guarantee information, judicial information, administrative penalty information and other data of the enterprise. An enterprise credit report can help an enterprise to show its own business status and reputation level, and can also help other entities understand the background and risk status of the enterprise.

What is the role of corporate credit reporting?

Corporate credit reporting plays an important role in both the enterprise itself and other stakeholders. For the enterprise itself, it can check its own credit report, understand its own business situation and financial situation, find and correct the existing problems in time, and improve its competitiveness and market influence. At the same time, you can also view the credit reports of other enterprises to understand the market environment and competitors, and formulate reasonable development strategies and marketing strategies.

For other stakeholders, such as government departments, financial institutions, partners, investors, etc., they can obtain first-hand, authoritative, comprehensive and timely information by querying the credit report of the enterprise, evaluate the business ability and risk level of the enterprise, and make reasonable decisions and supervision. For example, government departments can formulate corresponding policies, measures and incentive mechanisms to promote market order and fair competition according to the credit report of the enterprise; financial institutions can determine the loan amount and interest rate level according to the credit report of the enterprise, and control the loan risk; partners can choose appropriate cooperation objects and methods according to the credit report of the enterprise, so as to protect the cooperation interests; Investors can, according to the credit report of the enterprise, assess investment value and rate of return to avoid investment risk.

How do I get a corporate credit report?

At present, there are several ways to obtain enterprise credit reports in China:

Log on to the website of the People's Bank of China Credit Centeror"People's Bank of China Consultation Center" micro-service platform online query. You need to fill in the "Enterprise Inquiry Application Form" and upload relevant materials, and authenticate with the mobile phone verification code or digital certificate.

Go to the People's Bank of China to consult sub-centers or designated outlets for on-site inquiries. Need to carry the "enterprise inquiry inquiry application form" and related materials, and through fingerprint or face recognition for identity verification.

Entrust a third party to inquire. It is necessary to sign an entrustment agreement and provide relevant materials, and a third party agency will inquire and provide reports on behalf of the agency. Third-party institutions include consultation service institutions, consultation cooperation institutions and consultation agencies. The specific list can be found on the website of the People's Bank of China Consultation Center.

How to use corporate credit reports for market research, investment decisions and risk management?

Enterprise credit report is the enterprise."Health examination" can reflect the strength and status of enterprises from many angles. Using the enterprise credit report, the following aspects can be analyzed:

Basic information analysis. Basic information includes the name, address, legal representative, registered capital, date of establishment, business scope, etc. of the enterprise, which can understand the basic situation and background of the enterprise, judge the legality and standardization of the enterprise, and the degree of matching and difference with itself.

Analysis of financial information. Financial information includes the balance sheet, profit statement, cash flow statement, etc., can understand the financial situation and operating efficiency of the enterprise, calculate the financial ratio of the enterprise, such as asset-liability ratio, current ratio, profit margin, return on net assets, etc., to assess the solvency, profitability and growth ability of the enterprise.

Debt information analysis. Debt information includes the enterprise's loan records, credit card records, bill records, etc., which can understand the enterprise's borrowing and repayment status, judge the enterprise's credit rating and default risk, and compare with its own debt level and structure.

Guarantee information analysis. Guarantee information includes the enterprise's external guarantee records and guaranteed records, which can understand the enterprise's guarantee situation and liability, judge the enterprise's guarantee risk and joint and several risks, and compare with its own guarantee level and structure.

Analysis of judicial information. Judicial information includes the enterprise's litigation records, judgment documents, implementation, etc., which can understand the litigation situation and results of the enterprise, judge the legal risk and reputation risk of the enterprise, and compare with its own judicial level and structure.

Analysis of administrative penalty information. Administrative penalty information includes the enterprise's administrative penalty record, the record of the person who has been executed for breach of trust, etc., which can understand the violation and punishment of the enterprise, judge the compliance risk and reputation risk of the enterprise, and compare with its own administrative level and structure.

Through the analysis of the above aspects, we can comprehensively evaluate the comprehensive strength and comprehensive risk of the enterprise, and provide valuable reference for market research, investment decision-making and risk management.

Shangpu Consulting is a consulting company specializing in market research consulting, investment consulting and IPO consulting services. When providing services to customers, Shangpu Consulting will make full use of corporate credit reports as one of the important data sources, combine data obtained from other channels, conduct in-depth and detailed analysis, and put forward professional and feasible suggestions. The following are some specific examples of clients of Champ Consulting Services:

A state-owned energy group plans to acquire a 70% stake in a natural gas pipeline operating company. Champ Consulting provided the group with pre-acquisition due diligence services, including an assessment of the financial, legal, market and technical aspects of the target company. By querying the target company's credit report, Shangpu Consulting learned its basic information, financial information, debt information, guarantee information, judicial information and administrative penalty information, and found the following problems:

The registered capital of the target company is 1 billion yuan, but the paid-in capital is only 0.5 billion yuan, and there is a risk of insufficient capital.

The financial statements of the target company show that its net profit has shown a downward trend in the past three years, and the net cash flow is negative, and there is a risk of low operating efficiency.

The target company's debt information shows that its loan balance is 1.5 billion yuan, and there are two loans overdue, there is a risk of bad credit.

The target company's guarantee information shows that its external guarantee amount is 2 billion yuan, and a guarantee has been executed, there are guarantee risks and joint risks.

The target company's judicial information shows that it is involved in multiple litigation cases, and there is a judgment lost, there are legal risks and reputational risks.

The target company's administrative penalty information shows that it has been fined and warned by the Industrial and Commercial Bureau, Environmental Protection Bureau, Tax Bureau and other departments, and there is a risk of violation and reputation risk.

Based on the above analysis, Champ Consulting makes the following recommendations to the Group:

Adjust the purchase price and conditions, require the target company to make up the registered capital, and assume part of the debt and guarantee liability.

Strengthen the financial management and supervision of the target company, optimize its asset structure and cost structure, and improve its profitability and cash flow.

Negotiate with the target company's creditors to extend the repayment period or reduce interest to improve its creditworthiness and solvency.

Negotiate with the guarantor of the target company to cancel or reduce the amount of the external guarantee and require appropriate counter-guarantee measures to reduce its guarantee risk and associated risk.

Negotiate with the target company's litigants to reach a settlement or mediation as far as possible to avoid or reduce legal disputes and losses.

Strengthen the compliance management and supervision of the target company, standardize its business practices and internal systems, and prevent or reduce irregularities and penalties.

Through the professional services of Champu Consulting, the Group successfully completed the acquisition transaction and achieved post-acquisition integration and development.

A private manufacturing company plans to list on the Shanghai Stock Exchange. Shangpu Consulting provides IPO consulting services for the enterprise, including guidance on financial restructuring, internal control construction and information disclosure. By querying the credit report of the enterprise, Shangpu Consulting learned its basic information, financial information, debt information, guarantee information, judicial information and administrative penalty information, and found the following advantages:

The registered capital of the enterprise is 5 billion yuan, which has been fully paid in, reflecting its capital strength and credit level.

The company's financial statements show that its operating income and net profit have grown steadily over the past three years, and its net cash flow is positive, reflecting its operating efficiency and cash flow.

The enterprise's debt information shows that its loan balance is 1 billion yuan, and there is no overdue or default record, reflecting its good credit and solvency.

The enterprise's guarantee information shows that it has no record of external guarantees and no record of being guaranteed, reflecting its unsecured and associated risks.

The judicial information of the enterprise shows that it has no litigation record, no judgment documents or implementation, which reflects that it has no legal risk and reputation risk.

The administrative penalty information of the enterprise shows that it has no record of administrative penalty and no record of the person who has been executed for breach of trust, which reflects that it has no risk of violation and credit risk.

Based on the above analysis, Champ Consulting made the following recommendations to the company:

Maintain and improve the financial situation and operating efficiency of the enterprise, highlighting its core competitiveness and market advantages.

Maintain and enhance the creditworthiness and solvency of enterprises, and enhance their financing capacity and creditworthiness.

Maintain and improve the guarantee status and liability of the enterprise, and reduce its guarantee risk and associated risk.

Maintain and enhance the legal status and reputation of the business and avoid or reduce legal disputes and losses.

Maintain and improve the compliance and reputation of the enterprise, regulate its business practices and internal systems, and prevent or reduce violations and penalties.

Through the professional services of Shangpu Consulting, the company successfully passed the listing review and received a good market response after listing.