Research On Risk Management Of Financial Leasing Companies

Since the introduction of the financial leasing business in China,the financial leasing business has played a role that cannot be underestimated in all walks of life,and has played an active role in helping companies to introduce advanced equipment and technology,and revitalize assets.The rapid growth of the financial leasing business has enabled a large amount of capital to settle in the financial leasing industry,but only a few companies have been able to flourish,and financial leasing companies face far more risks than expected.However,China's financial leasing industry is still in the initial stage,and the financial leasing company's risk management control experience is still insufficient.How to improve the risk management system of financial leasing companies still needs to focus on research.This paper mainly adopts the method of literature research and case analysis.First of all,through the literature to understand the basic theory of concept of risk and risk of financing lease financing lease,confirm the applicability of the CAMELS rating system in financial leasing companies,to the financing lease enterprise risk management rating for later lay a theoretical basis.Second,bohai leasing co.,LTD.,for example,based on the six elements of CAMELS rating system respectively on the company's capital adequacy,asset quality,management level,profitability,liquidity and market sensitivity has carried on the detailed analysis and evaluation,find its profitability and liquidity risk management ability is insufficient,some problems such as liquidity risk and credit risk.Based on the results of the analysis,this paper respectively from the internal and external to delve into bohai sea company risk causes,found the following reasons,from the internal cause analysis:(1)the bohai leasing in a series of rapid acquisition,the large number of foreign loans,shortage of liquidity is more,at the same time,the affiliated party call takes up the bohai sea,leasing part of the money,aggravate the liquidity risk;(2)bohai leasing's loose credit policy for shareholders makes it difficult to recover the money generated by related party transactions in time.What's more,affected by the shareholder's credit risk,Banks tighten the credit policy for bohai leasing,and bohai leasing is faced with the problem of high financing cost and few financing channels.Analysis from external causes :(1)because the income of finance leasing enterprises is closely related to the interest rate,the market interest rate fluctuations lead to the instability of their earnings;(2)industry competition restricts the growth of bohai leasing business,and the year-on-year growth of business revenue is lower than that of enterprises of the same scale in the industry.In view of the above reasons,bohai leasing should cooperate with internal and external risk management and take the following measures to effectively prevent the above risks :(1)to determine a reasonable capital structure and improve the liquidity of assets;(2)guard against related party transactions and strengthen bank cooperation;(3)use floating interest rate to reduce interest rate risk;(4)adjust business structure and expand business channels.It is hoped that this can improve the ability to deal with risks of bohai leasing,so as to provide reference and guidance for relevant researches in the industry.