Case Analysis On The Disposal Of Non-performing Assets For W Company

In recent years,our country's economy and even the world's economy have been hit hard by the trade war between China and the US and the COVID-19 epidemic.As a result,various countries have adopted loose monetary and fiscal policies to support the development of the real economy,which will lead to the increase of the total amount of non-performing assets and even the non-performing rate.Therefore,it is urgent to timely and effectively dispose of non-performing assets.However,the existing NPL disposal articles are mostly analyzed from the perspective of banks and other financial institutions that generate non-performing assets.Their disposal methods are mostly packaged sales or entrusted liquidation,and few really involve the terminal disposal process of NPL.This paper selects the actual case of the disposal of NPL of W company,which the author participated in during the internship,and analyzes it.From the perspective of NPL party of T disposal institution,it shows the specific disposal methods adopted in the disposal of NPL terminal process.First of all,the traditional non-performing assets disposal methods are compared,the suitable NPL types are analyzed according to the characteristics of each disposal method and the conditions that need to be achieved.Secondly,it analyzed the basic situation of the disposal case,mainly including the basic situation of W company,the process and causes of the occurrence of NPL.Among them,the target company of NPL is a small and medium-sized enterprise,and the problems existing in the operation and development of SMES are reflected through the study of W company.Thirdly,the disposal methods involved in different disposal stages are analyzed from the perspective of T disposal institution.Mainly from the possibility of the implementation of the disposal method,the changes in the interests of creditors after the implementation,and whether the W company can continue to exist and other aspects.So as to make the decision of whether to implement the disposal method.This content is mainly divided into three parts: The initial disposal method adopted by the creditor,the disposal method adopted the disposal institution during the period and the final disposal method adopted by the participants after mutual negotiation.From this point,the author analyzes the difficulties encountered in the disposal process of W company's NPL,and summarizes the disposal methods and means that are worth learning from in the disposal process,so as to provide reference for other scholars.Finally,according to the above analysis,the corresponding research conclusions are drawn,and the future development direction of the NPL disposer is prospected through interviews with the relevant personal and leaders involved in the NPL disposal case of W company.Through the actual disposal case of W company's NPL,this paper understands that the cause of NPL is not a single one,but the combined action of internal and external factors.The disposal method of non-performing assets is not invariable.It needs to be flexibly adjusted according to the actual situation and the disposal process.However,in the adjustment process,it is necessary to be vigilant about whether the interests of creditors are infringed or diluted.At the same time,it is necessary to prevent the disposal process being obstructed by the underlying companies of the NPL in order to escape and reject the debts.The disposal targets of non-performing assets are different according to the interests of different participants,which will also affect the disposal methods,disposal processes and disposal results of the non-performing assets.