Credit Risk Analysis Of Supply Chain Finance In China Automotive Industry

In recent years,supply chain finance in China has been rapid development,as a financial innovation products have become the major commercial banks focus on the development of business.At the same time,in the process of SME financing,supply chain finance has played a very important role.It is important to assess and control credit risk for the robust development of the business.At present,in the field of domestic research,many scholars will focus on the credit risk defense process,how to use the supply chain financing business,the supply chain financial credit risk research is relatively small.The exact basis for the bank to make credit risk is to scientifically and effectively assess the financial credit risk of the supply chain,and to promote the stable development of the business in turn.The first part of this article is the introduction,mainly on the background of this topic,significance and domestic and foreign research status to introduce.The second part of this paper is the theoretical basis and measurement method of supply chain financial credit risk.In the theoretical basis,the information asymmetry theory,risk management theory and principal-agent theory are briefly introduced.In the supply chain financial credit risk measurement part,respectively,introduced several traditional and modern measurement methods and different measurement model evaluation and selection criteria.The third chapter is the analysis of financial risk of supply chain finance,which mainly summarizes the characteristics,influencing factors and risk identification of supply chain financial credit risk.The fourth part of this paper is based on LOGISTIC model of supply chain financial credit risk empirical test,the fifth part of the supply chain to prevent financial credit risk recommendations.Through the research of this paper,we draw the following conclusions: First,in the supply chain financing mode,the management level,profitability and solvency of financing enterprises will more significantly affect their credit risk.Therefore,financial institutions should focus on their profitability and solvency to study,development capacity can also be used as a supplementary standard.Second,for the supply chain financial risk assessment,the core business of the credit situation plays a vital role in the impact.In the risk assessment system,its profitability and solvency should be investigated.In the supply chain financial financing business,the core business for small and medium enterprises were secured,the two sides of the credit were bundled to enhance the credit rating of SMEs.