The Improvement Research Of HT Company Credit Rating Index System

Small and medium-sized enterprises (SMEs) has become the promotion of nationaleconomic growth that should be reckoned with. So how to develop the growing SME hasbecome primary task of the current economic edvelopment. The main factor restricting thedevelopment of SEMs is financing difficulties. No increasing productivity or expandingproduction scale without adequate timely funding, and because of limited understanding of theSMEs, outside investors still holding investment funds. Obviously the main factor that led tofinancing difficulties of SMEs is credit problem. It is an important way of reasonableassessment that Established improving SMEs credit rating system. Most of our current creditrating system is based on large-scale enterprises that is mainly formed by reference to the UScredit rating system, although the various rating agencies based on their original rating systemfor corporate customers varying degrees of adjustment. Adjusted SMEs credit rating system isnot suitable for the companies that have a main business variability, inadequate institutionalarrangements, management flexibility and other characteristics. So how to reflect the stage ofdevelopment of SMEs objectively for investors to make speculative program provides ascientific basis. SME development process has become an urgent problem in China.HT company is a typical small and medium sized company for the third-party creditrating agencies, which customers are SMEs and the unscientific rating index is not suitable forsmall and medium enterprises. The actual rating process is still not perfect, that resulting in itsrating results can not objectively and fairly reflect the actual situation ratings object. Optimizeand improve the small third-party rating agencies credit rating index system like HT companythat is beneficial for lenders to issued more objective to grasp the business risk and impartialratings. According to the actual situation and the characteristics of the development of smalland medium-sized enterprises in China, it is very necessary to improve the rating index systemof HT company that constructs a set of credit situation of SMEs in China and to evaluate thecredit rating system comprehensively and objectively.This thesis takes HT company as the main body. Studying SMEs Credit Rating Method asthe starting point. Based on the analysis of the company’s credit rating HT index system andaccording to the principles of the SMEs credit rating index system to use the combination of qualitative and quantitative analysis methods. On the basis of previous research on thecompany’s credit rating index system HT re-build to reveals a new rating results. The re-buildHT company’s credit rating index system focus on the future status of SMEs and creditanalysis, I hope that the re-build SME credit rating index system for investors can reflect thecredit risk of SMEs accurately and to make speculative program provides a scientific basis, sothat the financing difficulties of SMEs to a certain extent.