Research On Credit Risk Management Of Automotive Industry Supply Chain Finance

With the progress of society,small and medium-sized enterprises account for a large proportion of our economy.However,due to the lack of talents and poor management of small and medium-sized enterprises,financing of small and medium-sized enterprises has become very difficult.And the best way to solve this problem is supply chain finance financing.In supply chain finance,core companies are tightly bundled with upstream and downstream companies.Because of their close relationship,core companies can guarantee SMEs,thus Get bank financing.Because of this,banks have only paid attention to what kind of benefits supply chain finance can bring to themselves,but have not realized the existence of risks.Therefore,they have not been perfect and sound in managing supply chain financial risks.Credit risk management has become a top priority.For the time being,it is nothing more than developing supply chain financial services in some energy,steel,automobile and other industries.Among these industries,the automotive industry has the largest proportion and is more specific.So this article selects the automotive industry,and The supply chain financial credit risk is analyzed.This article first reviews the research results of scholars at home and abroad from three aspects of supply chain finance,supply chain finance model,and risk management of supply chain finance,secondly clarifies the relevant theoretical basis,and analyzes the supply chain finance The three financing models introduce the definition,characteristics,and influencing factors of supply chain financial credit risk,so as to identify the credit risks of the three financing models,then compare several methods of credit risk measurement,and finally choose logistic based on principal component analysis.The model is analyzed.The core part of this article is to establish an appropriate index system based on the index principles,and then use principal component analysis and logistic models to conduct risk assessments for listed auto parts companies.Finally,according to the conclusions,the corresponding preventive measures are proposed from three aspects: government,financial institution and enterprise.