What does the credit rating "÷HR" mean?

The credit rating HR is the lowest. According to foreign practice, the first four ratings are usually classified as investment grade (AAA—BBB) and the last five ratings as speculative grade (BB-C). Investment grade means normal income and little risk; Speculation level means that the income is not guaranteed, but the risk is greater. For short-term debt, it is usually divided into four levels.

In China, the credit rating industry started late, and the setting of credit rating is still not uniform. Generally speaking, there are two different methods. One is the internal credit rating of the bank, which is generally set to four levels, and some are called super, first, second and third levels; Some are called a, b, c and d.

Extended data:

Classification of credit rating:

1, AAA enterprise. The score is above 90 points (inclusive), the asset-liability ratio, interest repayment rate and repayment rate of due creditor's rights are full marks, and the cash flow index score shall not be less than 5 points. If one item does not meet the requirements, it can only be rated as AA.

2.AA-level enterprises. The score is 80 (inclusive) ~ 90 (exclusive), and the asset-liability ratio and interest repayment rate are full marks. The credit repayment rate maturity index score is not less than 10.8, and the cash flow index score is not less than 3. If one item does not meet the requirements, it can only be rated as Grade A at the highest.

3.a-level enterprises. The score is between 70 (inclusive) and 80 (exclusive), the asset-liability ratio index score is not less than 5, the interest repayment rate index score is not less than 8. 1, and the maturity credit repayment rate index score is not less than 9.6.

4. Class B enterprises. Score 60 (inclusive) ~ 70 (exclusive); Or the score is above 70 points, but in any of the following circumstances:

(1) is an industry restricted by the state;

(2) The asset-liability ratio score is below 5 points;

(3) The interest repayment rate score is below 8. 1;

(4) The due credit repayment rate score is below 9.6.

5.c-level enterprises. The score is below 60 (excluding); Or the score is above 60 points, but under any of the following circumstances:

(1) Production equipment, technology and products officially eliminated by the state;

(2) Insolvency;

(three) the enterprise has stopped production for more than half a year;

(4) evasion of bank creditor's rights;

(5) The interest repayment rate score is below 2.7;

(6) The due credit repayment rate score is below 3.6 points.