The Impact To The Finance Leasing Project Of JingBo Petrochemical Crop. Of The Oil Price

Domestic monopoly with higher levels of oil processing industry, enterpriseslike Jingbo Petrochemical this size is not the refining enterprises are mostlyconcentrated in Shandong this situation the formation of a certain location advantagesreasons for its historical contingency. In recent years, the refining business hasexperienced rapid development of the policy of financial institutions to credit fromthe prohibition involved in the intervention and then carefully take the modestcooperation, which shows the development of the refining industry has been thefinancial institutions a certain degree of recognition. Jingbo Petrochemical Co., Ltd.in recent years to develop a more rapid, with the expansion of production scale ofenterprises, corporate demand for funds is increasing, but subject to the real estatebubble and inflation in China since2010, has been operating under a moreconservative monetary policy on the financing of enterprises, which produce adverseeffects in such an environment, financial disintermediation has become the inevitablechoice of corporations and financial institutions. However, it can not be ignored,Jingbo Petrochemical belongs to the refining enterprises large-scale production ofhigher profit margins in recent years, rapid development, and in the foreseeable futurea few years, the momentum of the development of enterprises and no less but they noright to direct import of crude oil, but only for imports of the fuel oil, but fuel oil iscrude oil products, after a simple physical treatment and the crude difference is verysmall, its price is also highly correlated with the international crude oil prices Overall,fluctuations in international crude oil prices, Jingbo Petroleum&Chemical Corporation’s daily operations and profit of a very big impact. Refined oil pricechanges is directly related to Jingbo Petrochemical sales of petroleum products prices,their profitability is a direct and significant impact. For the effective assessmentJingbo Petrochemical finance lease the risks of the project posed a challenge. Withthe volatility of oil prices, the price of crude oil and refined oil prices will be fromwhat its impact, and thus its impact of the leasing project risk is worth studying, butalso the research focus of Finance leases as a direct financing, its quite different fromtraditional credit business, but for the finance lease is still a financial support, but thefinance lease with the traditional banking business, as well as compared to otherintermediate business has its own different characteristics, which provides a certaindegree of transfer risk, project risk due to the different nature of enterprise, specific tothe finance lease projects Jingbo Petrochemical Co., Ltd. impact of changes in oilprices in the project risk is worth thinking about and repeated scrutiny, if you wantthis impact on the risk of qualitative or quantitative analysis is very challenging, thispaper is the study of oil price volatility Jingbo Petrochemical financing lease projectrisk analysis. Jingbo Petrochemical finance lease the risks of the project, firstunderstand the principles and methods of risk identification, collection of relevantdata, Jingbo Petrochemical finance leases, risk assessment, and targeted for the risksthey face control strategies. Jingbo Petrochemical finance leases, and lead to changesin oil prices Jingbo Petrochemical finance lease project risks, and propose themeasures taken for this special case. Because of the relevance of the research object,it can have a strong practical significance in the Jingbo Petrochemical finance leases.Jingbo Petrochemical finance lease projects encounter the risk of changes in oil prices,can learn from the methods mentioned in this article, the theory into practice.