Study On Risk Assessment And Control Countermeasures Of Z Company’s Financial Leasing Business

Financial leasing has the functions of both financing and property exchange,which can effectively revitalize stock assets,solve the financing difficulties of small and medium-sized enterprises,and provide financing convenience for enterprises to upgrade equipment.Due to the low entry threshold of business objects,financial leasing business has certain risks in the practice process.With the continuous development of finance leasing industry in our country,the number of finance leasing companies has shown an increasing trend year by year.The majority of these enterprises are small and medium-sized financial leasing companies without major shareholder background and industry relying.Because of low requirements for lessee in the finance leasing industry and not strong enough qualifications of small and medium-sized financial leasing companies,there are many risks in the process of carrying out business.How to effectively manage the risk of financial leasing is one of the most important issues in the development process.Therefore,in order to realize the healthy and long-term development of the financing leasing industry of our country,it is of great significance to study the small and medium-sized financing leasing risk assessment and control countermeasures.Based on this situation,this paper mainly studies the following contents:(1)Analysis of the main risk factors of financial leasing business.Based on the lessor’s perspective,this paper takes Z Company as an example to analyze the main risk factors affecting the development of financial leasing business.Z Company’s financial leasing business mainly has three aspects of pre-lease,mid-lease and post-lease risks:(1)there is a lack of systematic risk assessment system before leasing and no comprehensive assessment of the lessee’s late repayment risk;It does not quantitatively assess the severity of risks,does not assess the severity of risks from different levels,does not set up access standards for different businesses,does not prioritize the risks of the lessee,etc.(2)There exists in the leasing "project funds do not match in time,leading to the lessee to reduce the risk of cooperation intention";(3)After leasing,there are some problems such as "inaccurate five-level classification and non-random five-level classification of the lessee’s current operating situation,great pressure on stock project management,post-leasing risk warning system still needs to be constructed and improved,and asset flow and asset management ability need to be improved".(2)Risk assessment of financial leasing business.The Delphi method,a qualitative research method,is used to carry out expert consultation and evaluation,screen the performance risk indicators affecting the lessee of the financial leasing business,and the expert group scores the selected three first-level indicators and nine second-level indicators,and finally obtains the contribution degree of each risk assessment indicator.The hierarchy analysis method is used to determine the weight sequence of the index system.Through calculation,it is concluded that the three most important indicators affecting the lessee’s repayment are "enterprise repayment intention","industry environment" and "business income growth rate".And then build a financing lease business risk assessment based on bayesian network model,and H air freight program,for example,the use of BN model for project risk assessment,it is concluded that the company’s current payments are the risk probability of 31.63%,Z company combining risk assessment results considering the objective factors,to launch the project,the project operation is stable,No risk event occurred.The application of risk assessment model can help decision-makers of financial leasing companies to make correct judgment of project delivery and reduce the risks of financial leasing business.The practice of this model has strong feasibility in practical cases.Based on the above research results and the construction of risk indicators,this paper proposes three optimization countermeasures for the risk management of Z company from the aspects of pre-leasing,in-leasing and post-leasing:(1)It is suggested that Z Company further optimize the risk control measures,standardize the pre-lease risk management process,set the access standards for different businesses,and focus on solving the problems of risk assessment and lack of experience of practitioners in the process of financial leasing business;(2)It is suggested that Z company understand the credit preference of various cooperative banks in detail to improve the matching degree of funds and improve the efficiency of project delivery;(3)It is suggested that Z Company strengthen the post-lease management mechanism,carry out multi-dimensional post-lease asset management,further improve the quality of assets,and boost the high-quality development of the company’s business.To sum up,this paper analyzes the risk assessment indicators,establishes a discernable assessment model for financial leasing business,and then proposes targeted risk control countermeasures to provide some strategies for the risks faced by Z company,and at the same time provides some reference value for similar financial leasing companies.