Home
 
Company
Company Introduction
President's Message
Organizational Chart
Basic Information
Team
Development History
Honours & Qualifications
Corporate Culture
Time Line
Ratings Definitions
Client List
Compliance Management
Postion>>Company>>Ratings Definitions
Ratings Definitions
Long-term Issuer Credit Rating:
RATING
DEFINITION
Investment
AAA
Extremely good ability for debt repayment, basically not affected by an unfavorable economic environment, extremely low risk of default;
AA
Very good ability for debt repayment, not greatly affected by an unfavorable economic environment, very low risk of default.
A
Good ability for debt repayment, somewhat easily affected by an unfavorable economic environment, low risk of default;
BBB
Average ability for debt repayment, greatly affected by an unfavorable economic environment, average risk of default;
Speculative
BB
Weak ability for debt repayment, very greatly affected by an unfavorable economic environment, high risk of default;
B
Ability for debt repayment greatly relies on a favorable economic environment, very high risk of default.
CCC
Ability for debt repayment has an extreme reliance on a favorable economic environment, extremely high risk of default;
CC
Can receive little protection during bankruptcy or restructuring, basically cannot ensure debt repayment;
C
Cannot repay debt.
Ratings from AA to CCC may be modified by the addition of a plus "+" or minus "-" sign to show relative standing within the major rating categories.
 
Long-term Issue Credit Rating: 
RATING
DEFINITION
Investment
AAA
Extremely good ability for debt repayment, basically not affected by an unfavorable economic environment, extremely low risk of default;
AA
Very good ability for debt repayment, not greatly affected by an unfavorable economic environment, very low risk of default.
A
Good ability for debt repayment, somewhat easily affected by an unfavorable economic environment, low risk of default;
BBB
Average ability for debt repayment, greatly affected by an unfavorable economic environment, average risk of default;
Speculative
BB
Weak ability for debt repayment, very greatly affected by an unfavorable economic environment, high risk of default;
B
Ability for debt repayment greatly relies on a favorable economic environment, very high risk of default.
CCC
Ability for debt repayment has an extreme reliance on a favorable economic environment, extremely high risk of default;
CC
Can receive little protection during bankruptcy or restructuring, basically cannot ensure debt repayment;
C
Cannot repay debt.
Ratings from AA to CCC may be modified by the addition of a plus "+" or minus "-" sign to show relative standing within the major rating categories.
 
Short-term Issue Credit Rating:

RATING
DEFINITION
A
A-1
The highest short-term issue, strongest capacity  to pay back the capital plus interest, highest safety.
A-2
Stronger capacity to pay back the capital plus interest, high safety.
A-3
General capacity to pay back the capital plus interest, susceptible to the adverse effects of changes in circumstances. 
B
B
Low capacity to pay back the capital plus interest, have some default risk.
C
C
Lower capacity to pay back the capital plus interest, higher default risk.
D
D
Default, Cannot pay back the capital plus interest on time. 
Each rating can not be modified.
 


Copyright © 1992-2011 Shanghai Brilliance Credit Rating & Investors Service Co.,Ltd All Rights Reserved
Address:14FL. Huasheng Building, No.398 Hankou Rd, Shanghai 200001,China
TEL: (86-21) 63501349/63500711 FAX: (86-21) 63500872 Email: mail@shxsj.com
Beijing Marketing Office Address:15F Taikang Financial Tower, No.38 Dong San Huan Bei Road, Chaoyang District, 100026 Beijing China
TEL:(86-10)85879769 FAX: (86-10)85879770 Email: xsj85879770@shxsj.com
    Site Map
You are No. ! Hu ICP Number: 09010149