A Study On Optimization For Capital Structure Of ZR Finance Leasing Company

Finance leasing companies mainly rely on internal sources of financing and externalfinancing. The current size of the domestic financial leasing companies and industrialstructure in the country only takes small scale and has a geographical concentration. Fromthe management system of the companies, internal management capacity of leasingcompanies is still weak, the owners of leasing companies tends to speculate the high-riskindustry and short-sighted investment prominent which leads to low efficiency in the use offunds. And finance leasing companies shall only achieve low ROE. This paper attempts topresent situation analysis of finance lease financing channels for enterprises as well asmajor financing, financial leasing companies to analyze problems in financing cases, tryingto find ways to make the finance leasing companies to broaden the financing channels,strengthen the bargaining power of finance leasing companies and anti-risks managementability.Founded in Tianjin Dongjiang Port in March2013with a registered capital ofUS$30,000,000.00as approved by the Ministry of Commerce, ZR (Tianjin) FinancialLeasing Co., Ltd (hereinafter referred to as “ZR”) is a wholly foreign-owned enterprisespecialized in domestic and foreign financial leasing business. Having built extensiverelations with the Leasing Industry Association, Financial Service Office, CommerceCommittee and other government and industry organizations and built strategic cooperationrelations with more than one large enterprise in such industries as aerospace, electric power,port and maritime engineering equipment, ZR Leasing is striving to become a domesticwell-known financial leasing company with the great support of the State for financialleasing industry.The paper made research and study on the financing conditions of ZR finance leasingcompany. The first section of the paper is foreword which introduced the financingbackground for financing enterprises. Domestic and international background of leasingindustry was also introduced; the second section briefly introduced information about thedevelopment of finance leasing industry of China; the third section introduced thefinancing status of ZR financial leasing company, and also suggested solutions for theproblems faced by ZR financing leasing company; the fourth section made practicalanalysis on a financing leasing case of ZR financing leasing company.Financial leasing company is the inevitable product when the market economy develops toa certain stage. Finance leasing has become an important tool for corporate financing. Butthe financing channels for financial leasing companies had became the key point offinancial leasing company’s survival and development, and leasing assets volumes. Further financing capacity plays a vital role in the optimization and improvement offinancial leasing companies. The improving of financing channels has become essential tofinance leasing companies.Through the analysis of finance leasing companies to find out financing channels andoptimization methods for ZR Finance Leasing Co., Ltd and ultimately provide referencesand practical guidance on optimizing channels for other finance leasing enterprises.