Research On The Financial Risks Of YH Shipping Financing Leasing

The introduction and implementation of the reform and opening-up ideology has led to breakthroughs in China’s economy.Under such a good environment,the development of my country’s shipping industry is also advancing by leaps and bounds.However,the other side of the opportunity is the crisis.The shipping industry generally suffers from a lack of liquidity.problem.The original financing methods such as bank credit and securities are only applicable to some large state-controlled or well-funded companies.Small and medium-sized shipping companies are often unable to obtain funds because they cannot pass the bank’s relevant qualification review.The financial leasing that has gradually penetrated from abroad is suitable for the development of small and medium-sized shipping companies.Shipping companies use ship financial leasing to obtain the sole right to use ships on the basis of saving the huge cash flow of buying ships,and achieve financing and financing.The dual purpose of things.While financial leasing brings benefits to shipping companies,it also brings another problem to shipping companies-financial risks.The domestic financial leasing started late,and the due system and rules have not been formed.This is an external factor that causes financial risks;shipping companies have not done relevant supervision and management before,and their ability to deal with risks is not optimistic.This is an internal factor that causes financial risk.Internal and external pressures make shipping companies a little careless,and they will face greater financial risks.Therefore,studying the financial risks of the company and proposing corresponding countermeasures for different risks has become a current research hotspot.For the long-term sustainable and stable development of domestic shipping companies,this article uses YH shipping as a case,trying to use the Z model and financial ratio analysis methods to illustrate the financial risks in the use of ship financing leases.Use the content of risk identification in the financial risk management theory to redefine the types of financial risks.The financial risks of the charterer of shipping companies can be divided into three categories: policy changes,market fluctuations,and project operations.risk.Corresponding countermeasures and suggestions are put forward for different types of risks: The management and control of internal risks requires the company to start from both the system and employee training,and is committed to improving the company’s ability to respond to financial risks;while the management and control of external risks requires the company to review the situation and rely on Multiple strategies to respond to changes in policies and markets.It is hoped that this research can supplement and enrich the theoretical knowledge of financial leasing,and play a practical role in promoting the sustainable and healthy development of shipping companies.