X公司印尼海砂矿项目境外投资贷款可行性分析及授信担保方案设计
发布时间：2018-10-11 13:50
【摘要】：进入二十一世纪以来,我国融入世界,走出去的步伐进一步加快。当前的走出去已经不仅仅表现在贸易的出口,更重要的是中国企业走出去,积极参与国际市场竞争。通过跨国模式整合,进而开拓市场空间,优化产业结构,尤其是为国内经济的飞速发展获取足够的原材料。积极对外投资是主动参与国际分工,有效利用国际国内两个市场的重要举措。过去十年我国对外直接投资迅速发展,现在位居全球第五。在我国企业走出去的过程中,金融机构在资金支持方面扮演了重要角色。金融作为产业的推动力,承担着为我国企业走出去提供各种融资、咨询等服务的重任。因此,研究我国企业对外投资融资方案对积极推进企业“走出去”具有重要意义。鉴于我国境外投资的融资渠道集中在境外投资贷款,本文以X公司印尼海砂矿项目境外投资贷款项目为例,分析其贷款项目可行性,试图为我国金融机构境外投资贷款提供有益借鉴。 本文考察借款人主要以信用6C为标准,对借款人的品德、能力、资本、抵押品、经营环境和事业的连续性均进行分析。逻辑框架按照金融分析从宏观到微观的线路。宏观分析侧重于中印两国的经贸关系和印尼的国别风险,中观产业分析通过相关产业政策以及钒钛磁铁矿石的供需状况,重点分析钒钛磁铁矿的价格趋势。宏观和行业分析均为企业的外部环境分析。微观个体分析主要研究借款人及担保人。借款人的经营状况,管理层状况来衡量经营的连续性和品德。财务分析注重于借款人本身的偿债及发展能力。对项目的研究在于评估项目现金流回收是否可行,确保项目第一还款来源的可靠性。担保人及抵押担保品作为还款的第二来源,也是衡量借款人资质状况的重要因素。 通过全面的分析,在借款人母公司无法为其提供的担保的情况下,创造性的运用供应链金融的思想,通过项目进口原材料的需求方,及下游核心企业提供全额连带责任担保,设计担保方案,为授信工作开展奠定基础。同时完成相关授信及担保方案的设计。
[Abstract]:Since entering 21 century, our country melts into the world, the step that goes out accelerates further. The current going out is not only manifested in the export of trade, but also the Chinese enterprises go out and actively participate in the international market competition. Through the integration of transnational models, we can open up the market space, optimize the industrial structure, especially to obtain enough raw materials for the rapid development of domestic economy. Active foreign investment is an important measure to actively participate in the international division of labor and make effective use of both international and domestic markets. China's foreign direct investment (OFDI) has developed rapidly in the past decade and is now the fifth largest in the world. In the process of Chinese enterprises going out, financial institutions play an important role in capital support. As the driving force of industry, finance undertakes the important task of providing various financing, consulting and other services for Chinese enterprises. Therefore, it is of great significance to study the financing scheme of Chinese enterprises' outward investment to actively promote enterprises'"going out". In view of the fact that the financing channel of our country's overseas investment is concentrated on the overseas investment loan, this paper analyzes the feasibility of the loan project by taking the overseas investment loan project of the Indonesia Sea placer Project of X Company as an example. This paper attempts to provide useful reference for overseas investment loans of Chinese financial institutions. This paper analyzes the borrower's moral character, ability, capital, collateral, business environment and business continuity according to the credit 6C standard. The logical framework follows the lines of financial analysis from macro to micro. The macro analysis focuses on the economic and trade relations between China and India and the country risk of Indonesia. Through the relevant industrial policies and the supply and demand situation of vanadium titanomagnetite, the price trend of vanadium titanomagnetite is analyzed emphatically. Both macro and industry analysis are external environment analysis of enterprises. Micro-individual analysis mainly studies borrowers and guarantors. The state of the borrower's business and management to measure the continuity and character of the business. Financial analysis focuses on the borrower's own debt service and development capacity. The research of the project is to evaluate whether the cash flow recovery is feasible and to ensure the reliability of the project's first source of repayment. As the second source of repayment, the guarantor and mortgage collateral are also important factors to measure the borrower's qualification. Through comprehensive analysis, when the parent company of the borrower can not provide the guarantee for it, creatively apply the idea of supply chain finance to provide the full joint and several liability guarantee through the demand side of imported raw materials of the project and the downstream core enterprise. Design guarantee scheme to lay the foundation for credit granting. At the same time complete the design of related credit and guarantee programs.
【学位授予单位】：西南财经大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F832.4
本文编号：2264397
[Abstract]:Since entering 21 century, our country melts into the world, the step that goes out accelerates further. The current going out is not only manifested in the export of trade, but also the Chinese enterprises go out and actively participate in the international market competition. Through the integration of transnational models, we can open up the market space, optimize the industrial structure, especially to obtain enough raw materials for the rapid development of domestic economy. Active foreign investment is an important measure to actively participate in the international division of labor and make effective use of both international and domestic markets. China's foreign direct investment (OFDI) has developed rapidly in the past decade and is now the fifth largest in the world. In the process of Chinese enterprises going out, financial institutions play an important role in capital support. As the driving force of industry, finance undertakes the important task of providing various financing, consulting and other services for Chinese enterprises. Therefore, it is of great significance to study the financing scheme of Chinese enterprises' outward investment to actively promote enterprises'"going out". In view of the fact that the financing channel of our country's overseas investment is concentrated on the overseas investment loan, this paper analyzes the feasibility of the loan project by taking the overseas investment loan project of the Indonesia Sea placer Project of X Company as an example. This paper attempts to provide useful reference for overseas investment loans of Chinese financial institutions. This paper analyzes the borrower's moral character, ability, capital, collateral, business environment and business continuity according to the credit 6C standard. The logical framework follows the lines of financial analysis from macro to micro. The macro analysis focuses on the economic and trade relations between China and India and the country risk of Indonesia. Through the relevant industrial policies and the supply and demand situation of vanadium titanomagnetite, the price trend of vanadium titanomagnetite is analyzed emphatically. Both macro and industry analysis are external environment analysis of enterprises. Micro-individual analysis mainly studies borrowers and guarantors. The state of the borrower's business and management to measure the continuity and character of the business. Financial analysis focuses on the borrower's own debt service and development capacity. The research of the project is to evaluate whether the cash flow recovery is feasible and to ensure the reliability of the project's first source of repayment. As the second source of repayment, the guarantor and mortgage collateral are also important factors to measure the borrower's qualification. Through comprehensive analysis, when the parent company of the borrower can not provide the guarantee for it, creatively apply the idea of supply chain finance to provide the full joint and several liability guarantee through the demand side of imported raw materials of the project and the downstream core enterprise. Design guarantee scheme to lay the foundation for credit granting. At the same time complete the design of related credit and guarantee programs.
【学位授予单位】：西南财经大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F832.4
【参考文献】
相关期刊论文 前3条
1 潘小玉;;中国与东盟国家外资法律环境比较研究[J];改革与战略;2007年08期
2 康永;赵驰锋;;陕西发展钒产业的战略意义和优势条件[J];冶金丛刊;2011年04期
3 黄若君;;印尼投资法律环境分析与投资策略[J];沿海企业与科技;2006年10期
，本文编号：2264397
本文链接：https://www.wllwen.com/jingjilunwen/zbyz/2264397.html
