T/SCSTA 001-2022 General Standards for Corporate Credit Rating
T/SCSTA 001-2022
Basic Information
Scope
Scope: This standard specifies the credit rating subjects, basic rating indicators, recommended rating indicators, rating business regulations, and rating management and supervision in Shanghai. This standard applies to credit rating activities conducted by rating agencies within the city, and enterprises can also refer to it when conducting internal credit rating activities. Main technical content: 1. Basic qualitative credit rating indicators: corporate quality and future prospects. 2. Basic quantitative credit rating indicators: debt risk, asset quality, profitability, operational growth, and cash flow situation. 3. Recommended rating indicators: net assets to year-end loan balance ratio, fixed asset net value rate, capital immobilization ratio, debt to total capital ratio, long-term investment to long-term capital ratio, non-credit fund raising rate, current ratio, quick ratio, rental ratio, net cash inflow from non-financing activities to current liabilities ratio, net cash inflow from operating activities to current liabilities ratio, fixed asset turnover rate, technology investment ratio, guarantee ratio, capital adequacy ratio, cost-income ratio, investment return rate, and investment return cash recovery rate. 4. Rating business work procedures: basic requirements, rating preparation, on-site investigation or material verification, rating report writing, report review, rating review, data archiving, information confidentiality, and database management. 5. Rating management and supervision: institutional management and institutional self-discipline.