大冶自来水融资租赁项目案例分析

发布时间：2018-04-30 21:27

本文选题：大冶自来水公司 + 融资租赁　；参考：《江西财经大学》2017年硕士论文

【摘要】：随着金融市场不断地发展和完善融资租赁的产生也有一定阶的必然性。20世纪80年代开始融资租赁逐渐被引进我国,在改革开放之初是为了利用外资而从日本引进的,至今融资租赁被引进我国已近35年,在此期间整个融资租赁行业在引进国外企业的先进技术和生产设备、为国内企业提供资金融通、扩大国内企业与跨国公司的国际间的合作与交流都做出了有重大意义的探索和尝试。融资租赁具有连接租赁资产和金融市场之间的桥梁作用,具有拉动经济增长和促进产品销售的作用,尤其是随着越来越成熟的中国市场经济,融资租赁具有的非常大的市场前景。相比其他融资方式而言,融资租赁融资模式对融资企业的生产经营状况要求不高,因此对中小企业来讲,虽然很难获得长期资金来源,并且缺乏一定的抵押物,但通过融资租赁这种方式仍然可以获得所需的资金达到扩大生产和经营的目的。因此,融资租赁具有独特的融资优势,尤其是在当前中小企业融资问题成为制约我国经济改革转型的突出问题的时候,对融资租赁的研究就显得更加具有实践意义。虽然作为市场配置资源的一大重要金融工具的融资租赁在促进我国经济发展各方面都发挥了重要的作用。但是,与目前快速发展的融资租赁行业快形成对比的是与之相关的各项法律法规制度等都有着或多或少的滞后和缺陷,正是这些问题也制约着我国融资租赁行业的发展。尤其在我国经济改革升级的关键时期,制约我国当前经济进一步发展的一大阻碍就是企业尤其是中小企业融资难问题,通过研究融资租赁在解决中小企业融资问题中的优势对解决小企业融资问题将具有指导性作用。本文以国内外现有的有关融资租赁的相关研究为基础,在总结国内外关于融资租赁研究成果的同时,选取大冶自来水公司自来水管道售后回租项目进行分析,通过对该案例的分析研究融资租赁在解决企业融资问题时的独特优势,尤其是与传统的融资模式相比较。首先本文对当前我国的融资租赁发展现状以及中小企业融资问题现状做具体介绍和的分析,通过对融资租赁的发展历程以及其对企业融资问题的帮助得出融资租赁对解决企业融资问题具有实践意义。其次,分析公司项目当期的经营状况和资产负债情况以及当前的宏观经济状况,综合当前经济环境和公司资产负债情况分析公司增加自来水管道的可行性。然后对大冶自来水公司的用于扩大经营的自来水管道设备的售后回租项目与同等条件下采取银行贷款作比较,从而得出融资租赁相的具体优势在哪里。最后通过对本案例分析,发现融资租赁对企业发展的独特作用以及与传统银行融资模式比较其在增加融资期限和偿还方式灵活性,提高资金使用率,降低企业资金使用门槛等方面的优势。同时,分析发现该案例中公司融资租赁项目中存在的问题,并从中折射国融资租赁业务发展中同样存在的问题,最终从政府,承租公司,和融资租赁公司等角度提出解决问题的对策和建议,促进融资租赁行业的长足发展。本文所选取的大冶自来水融资租赁项目作为分析案例虽然有一定代表性,但是在某些方面也有缺点,并不能完全代表各类中小企业,对其他行业和规模的中小企业融资租赁案例还需要进一步的研究,同时本文研究方法虽然从定性和定量两个角度去研究,但是定性研究大部分是以前人的研究为基础,因此对融租赁的研究还需要从多种角度,多种不同规模不同行业的企业进一步进行研究得出更加有力的结论。
[Abstract]:With the continuous development and improvement of financial leasing, financial leasing has a certain necessity in the 80s.20 century, the financing lease has been introduced to China gradually. At the beginning of the reform and opening up, it was introduced from Japan in order to use foreign capital. It has been introduced to China for nearly 35 years. During this period, the whole financing leasing industry is quoted. The advanced technology and production equipment of foreign enterprises, providing funds for domestic enterprises and expanding international cooperation and exchange between domestic enterprises and transnational corporations have made great explorations and attempts. Financing lease has a bridge between Leasehold assets and financial markets, which can stimulate economic growth and promote production. The role of product sales, especially with the growing market economy in China, has a very big market prospect. Compared with other financing methods, the financing lease financing model has not high demand for the production and operation of the financing enterprises. Therefore, it is difficult to obtain long-term capital sources and lack of long-term capital sources for SMEs. There are certain mortgages, but the financing lease can still obtain the necessary funds to achieve the purpose of expanding production and operation. Therefore, the financing lease has a unique financing advantage, especially when the financing problem of small and medium-sized enterprises is a prominent problem that restricts the transformation of China's economic reform. Although it plays an important role in promoting China's economic development in all aspects, financial leasing, as a major financial tool for market allocation, has played an important role in all aspects of the development of the financial leasing industry. These problems also restrict the development of the financial leasing industry in China. Especially in the critical period of the upgrading of China's economic reform, a major obstacle that restricts the further development of our country's current economy is the financing problem of small and medium-sized enterprises, especially the financing leases in solving the financing problems of small and medium-sized enterprises. The advantages of this paper will have a guiding role in solving the financing problem of small enterprises. This paper, based on the related research on financing lease existing at home and abroad, summarizes the research results of financing lease at home and abroad, and analyses the items of the aftermarket and renting of the tap water pipeline of Daye water company, through the analysis and study of the case. The unique advantages of financing lease in solving the problem of enterprise financing, especially compared with the traditional financing model. First, this paper makes a detailed introduction and analysis of the current development status of financing lease and the financing problems of small and medium enterprises in China, through the development process of financing lease and its help to the problem of enterprise financing. The financing lease is of practical significance to solve the problem of enterprise financing. Secondly, it analyzes the operating status, assets and liabilities and the current macroeconomic situation of the company's current project, and analyzes the feasibility of increasing the tap water pipeline by the current economic environment and the company's assets and liabilities. Then, the use of Daye water supply company is used. Compared with the bank loans under the same conditions, the specific advantages of the financing lease are compared with the bank loans under the same conditions. Finally, through the analysis of this case, we find the unique role of the financing lease on the development of the enterprise and the increase of the financing period compared with the traditional bank financing model. And the flexibility of reimbursement, improve the use of funds and reduce the advantages of the enterprise capital use threshold. At the same time, we find out the existing problems in the company financing leasing project in this case, and the same problems in the development of financial leasing business in the refracting countries, and finally from the angle of the government, the renting company, and the financing leasing company. The countermeasures and suggestions to solve the problem can promote the rapid development of the financing leasing industry. As an analysis case, the Daye tap water leasing project, which is selected as an analysis case, has some shortcomings, and can not fully represent all kinds of small and medium-sized enterprises, and the financing leasing cases of small and medium-sized enterprises in other industries and scales. Further research is needed, at the same time, the research method is studied from two aspects of qualitative and quantitative, but the qualitative research is based on the previous research. Therefore, the study of financial leasing needs to be further studied from a variety of angles and various enterprises of different scales and different industries to get more powerful conclusions.

【学位授予单位】：江西财经大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.49;F299.24

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