Evaluation And Optimization Of Huarong Energy's Deleveraging Swap

Since the end of 2015,Highly leveraged phenomenon in domestic enterprises,China began to attach importance to the way of deleveraging,and issued a number of opinions to guide enterprises to actively reduce high leverage.As a typical capital-intensive enterprise and a heavy industry enterprise,the deleveraging scheme of the enterprise has important reference significance.Huarong Energy,once the leader of the shipping industry,is also plagued by high leverage.After a series of deleveraging programs,Huarong Energy's operating conditions have plummeted,not as before.Therefore,studying the deleveraging plan of Huarong Energy has far-reaching significance for itself and other non-financial enterprises.This paper collects a large amount of relevant information and data of Huarong Energy,based on Huarong Energy's own corporate situation,analyze the real goal of deleveraging,And through a series of financial analysis and macro analysis to evaluate the real situation that after the implementation of the deleveraging program,Finally,the optimization Suggestions are put forward based on the deleveraging schemes of other industries,Hope to give Huarong Energy and other enterprises some useful advice.At last,this paper puts forward some Suggestions and expectations for the future development of deleveraging in China,Whether from the policy market or the bank,all hope to be able to effectively promote the effective implementation of domestic deleveraging.