Analysis Of Financial Ability Of The JinShang Bank Based On IPO

JinShang Bank is the only provincial legal person bank in Shanxi Province,and also the largest city commercial bank in Shanxi Province.In August 2012,JinShang Bank submitted the application report of guidance work to the SFC and began the listing guidance work.However,therewas no more information disclosure after that,which shows that JinShang Bank is still far away from listing.At the same time,China's securities market is increasingly strict with the requirements of the proposed listed companies,and the initial meeting rate of commercial banks is declining year by year.On February 26,2019,according to the official website of the Hong Kong Stock Exchange,JinShang Bank filed an application for listing on the main board of the Hong Kong Stock Exchange.JinShang Bank has applied for Hong Kong Stock Listing instead of preparing for A-share listing for many years.According to the financial data disclosed by JinShang Bank in 2018,there is still a big gap between JinShang Bank and listed city commercial banks and several commercial banks queuing for IPO in terms of asset quality,asset structure,profitability and internal control ability.In this context,this paper studies the requirements of financial indicators in Hong Kong stock IPO,finds out the financial indicators that JinShang Bank should pay special attention to in the process of IPO,compares the financial data of JinShang Bank with those of other listed commercial banks,finds out the financial problems of JinShang Bank,analyses the causes of financial problems of JinShang Bank,and combines with JinShang Bank.In the financial environment and its own actual situation,put forward targeted suggestions and countermeasures.This paper takes JinShang Bank as the research object.On the basis of analyzing the domestic and foreign related research on the financial strategy of JinShang Bank based on IPO,firstly,the basic situation of JinShang Bank is deeply analyzed,including the analysis of the IPO situation of commercialbanks,the general situation of JinShang Bank and the analysis of the financial environment of JinShang Bank.After that,through the comparative analysis of the financial rules of A-share and Hong Kong-share IPOs,six financial indicators that need special attention in the process of JinShang Bank's IPO are determined.Through the comparative analysis of the six financial indicators of asset scale,asset structure,asset quality,profitability,capital adequacy ratio and ownership structure,the paper draws a conclusion that the financial aspects of JinShang Bank are not high in asset quality,poor in profitability and unreasonable in ownership structure.Through the comparative study of the financial data of JinShang Bank and other listed commercial banks,the paper analyses Shanxi Merchants.Based on the financial environment and the actual situation of JinShang Bank,the following suggestions and countermeasures are put forward: strengthening loan risk management,reducing loan concentration,actively adjusting customer groups,vigorously developing loans and retail loans for small and medium-sized enterprises,diversifying loan risks,improving asset quality and reducing non-performing loan rate;and improving core level capital.Adequacy ratio;Strengthen cost-efficiency management,improve fine management level;Strengthen credit risk management,improve asset quality;Realize characteristic operation,improve market competitiveness;Adapt to the macroeconomic situation,effectively respond to the economic downturn;Reduce the concentration of state-owned shares,introduce strategic investors,promote diversification of ownership structure,and form a situation of joint governance of stakeholders.This paper mainly includes the following parts:The first part is introduction.This paper mainly discusses the research background,purpose and significance,research content and research methods,in order to provide support for the follow-up research.The second part is literature review.According to the research ideas,this paper analyses the related research on the financial strategy of JinShang Bankbased on IPO,mainly including the domestic and foreign research on the financial performance of commercial banks,the domestic and foreign research on the IPO of commercial banks and the related research on JinShang Bank.Through the analysis of these related research,it lays a theoretical foundation for the follow-up in-depth study.The third part is an overview of JinShang Bank.This paper mainly analyses the relevant issues related to the IPO of Shanxi Commercial Bank from the aspects of the IPO situation of Chinese commercial banks,the financial situation of Shanxi Commercial Bank and the financial environment of Shanxi Commercial Bank.The fourth part is about the requirements and rules of IPO.According to the research ideas,this paper analyses the financial-related rules of A-share IPO and Hong Kong-share IPO in China,and obtains the advantages of Hong Kong-share IPO through comparative analysis.At the same time,it also analyses the motivation of JinShang Bank's IPO.Six financial indicators that should be paid special attention to in the process of IPO of JinShang Bank are selected: asset size,asset structure,asset quality,profitability,capital adequacy ratio and ownership structure.The fifth part is the comparative study of financial indicators of listed banks.This paper selects six large state-owned commercial banks listed on A-share,three city commercial banks listed on A-share and three city commercial banks listed on Hong Kong stock.Six key financial indicators are selected,including asset size,asset structure,asset quality,profitability,capital adequacy ratio and ownership structure.The financial indicators of Shanxi Commercial Bank are compared with those of 12 selected commercial banks.The sixth part is the analysis of financial problems of JinShang Bank.Based on the analysis data of the fifth part,this paper summarizes the problems of JinShang Bank in terms of asset quality,profitability and ownership structure,and makes a comparative study with 12 selected commercial banks to analyzethe causes of financial problems of JinShang Bank.The seventh part is the countermeasure and suggestion of financial problems of JinShang Bank.Based on the analysis of the sixth part,this paper puts forward the countermeasures and suggestions of Shanxi Commercial Bank in improving the quality of assets,enhancing profitability and optimizing the ownership structure.The eighth part,conclusion.