Credit + financial check · US$599
What the invoice-based financial report answers about a Chinese company
ChineseCheck · Updated
Unlisted Chinese companies do not publish financial statements, so a buyer cannot read a supplier's accounts the way they would a listed company's. The $599 check adds a second report built from the company's monthly invoice records. It answers a narrower set of questions than audited accounts would: how actively the company trades, with whom, how concentrated that trade is, and where its invoices were reversed. This page lists those questions, the report section that answers each one, and what the report does not tell you.
Eight questions it answers
1. Is this company actually trading, and how actively?
The report shows the invoice amount (excluding tax) and invoice counts the source reports for each month, on one timeline. A company that registered years ago but issues few or no invoices looks very different from one invoicing every month.
Report section: Operating activity & comparable amount timeline; Monthly invoice amounts & reported counts
2. Is its activity growing or shrinking?
The latest six months are compared with the six months before them. When eighteen contiguous months are available, the latest six months are also compared with the same calendar months a year earlier. If a month is missing or the base is not positive, the comparison is marked unavailable instead of being quietly shortened.
Report section: Equal-length recent-period comparison
3. Who are its direct customers and suppliers?
Counterparties are aggregated by their registration identifier, not by name, so one company is not split in two because of spacing or punctuation differences. The report lists the leading customers and suppliers by name, how many months each one traded, and a complete appendix.
Report section: Direct customers / Direct suppliers; Complete customer & supplier appendix
4. Does it depend on one customer or one supplier?
CR1 and CR5 show what share of the positive net amount goes to the largest one and the largest five counterparties. A supplier whose sales mostly go to one buyer carries a different risk from one with a spread customer base.
Report section: Concentration & dependence
5. Are there unusual invoice reversals?
Red (credit) and void invoice amounts are shown month by month, with the share of the amount they represent and the denominator used. Red invoices can come from returns, price changes or corrections. Their presence alone does not show fraud or a tax problem; it shows where to ask for an explanation.
Report section: Red & void invoice adjustment timeline; Adjustment amounts, frequency & timing
6. Where does it sell inside China?
Sales regions come from the source territory records. Region codes that match the official administrative code table are named; older tax-office codes are kept as they are rather than guessed.
Report section: Source-reported sales geography
7. Do the credit records and the invoice records tell the same story?
When the credit report for the same company is complete and its dates match, the two are read together: for example, registered mortgages next to the invoice trend. The report states when each set of records was captured, because they describe different dates.
Report section: Same-company credit / financial cross-analysis
8. What should I put in the deal terms?
Each observed signal is tied to a commercial impact and a concrete control, such as reconciling reversed invoices against order and delivery evidence before a larger commitment, or staging commitments when activity depends on a few counterparties. The report does not invent payment percentages, credit limits or guarantees.
Report section: Recommended transaction controls
What it does not answer
- Audited revenue, profit, cash position or solvency. The invoice amount is an operating-activity signal, not audited revenue.
- Default probability or a credit rating. The operating index is a transparent product rule; it is not calibrated to default rates or industry performance.
- Tier-2 or Tier-3 supply chains. The report describes direct trading relationships only.
- Whether a contract with a customer is still in force. Repeated transactions describe historical continuity.
- Fraud or tax non-compliance. Red and void invoices are shown as facts that need context, not as findings.
For the legal and registry side (status, ownership, lawsuits, enforcement, penalties and tax credit rating), use the credit report, which is included in the $599 check. For what a company's yearly public filing shows, see our guide to Chinese company financial reports.
Credit report or credit + financial?
| Your question | $299 credit | $599 credit + financial |
|---|---|---|
| Is the company registered and in operation? | Yes | Yes |
| Who owns it; any lawsuits, enforcement or penalties? | Yes | Yes |
| How actively does it invoice, month by month? | — | Yes |
| Who are its direct customers and suppliers? | — | Yes |
| Does it depend on a few counterparties? | — | Yes |
| Where were invoices reversed or voided? | — | Yes |
Frequently asked questions
What does the $599 check include?
Two separate reports on the same company: the complete Company Credit Report (the same report sold alone for $299) and the bilingual English / Chinese Invoice-Based Financial Risk Signals & Supply Chain Analysis. Each has its own web view and PDF, available for 12 months from generation.
Is invoice data available for every Chinese company?
No. When we already know a company has no usable invoice data, the confirmation page offers only the credit check, so you cannot buy the dual-report check for it.
What if the financial report cannot be produced after I pay?
The credit report stays available. For a single dual-report check within the payment-date window in our refund policy, we open a US$300 difference refund (never more than the amount paid) for manual processing. Outside that window, or for a 4-check pack, the check credit is returned instead.
How is this different from the annual report a Chinese company files?
The annual report published through the national enterprise credit system carries a few self-reported figures, often in ranges, once a year. The invoice-based report works from monthly invoice records and the counterparties behind them, so it can show trend, concentration and adjustments that a yearly filing cannot.
How many months does a report cover?
It covers the monthly records the source returns for that company, and the report states the observed window. The public sample covers 22 months, from July 2024 to April 2026; other companies can have shorter or longer histories.
Full refund terms: refund policy.
See a real report before you buy
The financial sample keeps the real invoice records of one company and replaces only its display name.