Research On Risk Management Of JS Financial Leasing Company

In recent years,China's financial leasing industry has developed rapidly.By the end of the third quarter of 2017,the number of financial leasing companies approved by CBRC has reached 66,with assets totaling nearly 2 trillion yuan.The financial leasing companies in our country can quickly complete the accumulation of assets,mainly from the support of the after-sale service of credit under the condition of high leverage.Historical experience shows that rapid expansion under high leverage can bring risks.In recent years,the financial leasing companies have been involved in various risk exposures,such as the default of huishan dairy industry,the bankruptcy reorganization of sainty Marine and the default of dandong port.Therefore,financial leasing companies must strengthen the quality of risk management and improve their risk management ability.As one of the earliest financial leasing companies in China,JS financial leasing company has been a benchmark enterprise in China's financial leasing industry through several economic development cycles and steady growth of assets.At the same time as our country the first and only company listed a-share motherboard financial leasing companies,can in IPO issuance examination tighter landed under the condition of capital market,from the side shows the company's overall operation and management ability is prominent in the trade.Therefore,JS financial leasing company still has problems in risk management,which is likely to be an industry common disease that other financial leasing companies cannot avoid.The research on risk management of JS financial leasing company can help it improve its risk management ability,and it can also provide reference for other financial leasing companies.This paper takes JS financial leasing company as the research object,combining the information asymmetry theory and the comprehensive risk management theory,using the risk tree model to summarize the risk of JS financial leasing.And then use the modified CAMELS evaluation system,to evaluate the effect of risk management.It is concluded that JS financial leasing risk management level relatively well in the trade,but some still exist obvious insufficient Then summed up three problems of its risk management.Combined with the company's business data and management cases,the causes of the problems are analyzed.Finally,guided by the comprehensive risk management theory,using the experience of other financial leasing companies,we put forward the improvement plan of risk management,in order to help JS financial leasing company to improve its risk management.