TEJ has been developing the Taiwan Corporate Risk Index (TCRI) for over 20 years, providing an effective and easily interpretable method for assessing risks and analyzing data. Our mission and goal have always been to promptly deliver significant and relevant information related to credit risks to our clients.
In the Year of the Dog in 2018, we introduced the “TCRI Watchdog” with updated news and commentary database, aiming to help users quickly grasp the most significant events and information related to publicly listed companies. We also provide exclusive insights from TCRI to facilitate credit risk management and decision-making.
Three Key Aspects
Transforming cluttered data into actionable information
Systematic categorization with 5 major categories and over 70 sub-categories
TCRI researchers screen events and provide short commentaries
Covers all publicly listed companies in Taiwan
Rapid understanding of major events influencing credit risks
Professional interpretation by TCRI researchers offering exclusive insights
Daily interpretation and screening of major events to provide the most useful information in a short timeframe
Early identification of significant event impacts for proactive risk mitigation or business development opportunities
Access to exclusive perspectives from researchers to enhance work efficiency
Event Classification – 5 Major Categories, 71 Sub-categories
TCRI Watchdog covers a wide range of samples and extensive information, including:
Major operational news
Material information from the Public Information Observation System
Top management and board changes
Various significant indicators (revenue decline, abnormal stock price fluctuations, stock pledge, negative net worth, auditor opinion changes, delisting or cancellation of public offering, stock trading suspension, full delivery)
TCRI upward and downward rating explanations, and more.
Three Sources of Risk Events A. Accounting/Financial Analysis: Information disclosure quality, financial reporting quality, etc. (12 sub-categories) I. Industry Outlook: Production, sales, human resources, research and development, investment and financing, regulatory compliance, etc. (15 sub-categories) M. Management Risks: Ownership, executive management capabilities, fair treatment of shareholders, social responsibility, etc. (20 sub-categories)
Pre-default signs: TCRI downgrades, rumors of financial crises, delisting, regulatory penalties, etc. (12 sub-categories)