The Finance Research On The Seed-breeding Project Of Black Chicken In Jiuyuan Town Of Dazhou

Project financing was born in the1950’s, from then on which was being widely used. This model solves the problem of no large-scale infrastructure construction due to the shortage of funds, by using project cash flow as a foundation for credit without recourse or limited recourse. By using project financing,four aspects is usually considered, namely the reasonable design of the project investment structure and choose appropriate financing model arrange capital source and proportion in the composition of money. At the same time, in project financing, to fully understand the risk in the project, the project financial feasibility study, project risk analysis and assessment, risk control project. Project finance has a wide application range, from the point of project applications from all over the world at present, mainly concentrated in resource development projects, infrastructure projects and large industrial projects, other areas are relatively few.Project based on the characteristics of Dazhou agricultural and sideline products industry development present situation research, analysis of the current problems existing in the development, find the crux of the financing difficulties, In Dazhou characteristics of agricultural and sideline products industry, the difficulty of project financing, combined with the theory of project financing and the specific mode of operation, put forward the suitable characteristics of Dazhou agricultural and sideline products industry project investment structure, financing mode and financing source and composition of advice.In order to verify the feasibility of the application of project financing to agricultural projects, to the old courtyard black chicken seed-breeding project as an example, from the current situation of market supply and demand, market forecast, market risk analysis of the feasibility of the project, through the estimation of project investment and economic and technical feasibility analysis, research, and made the plan of project financing, the source and composition of project financing arrangements. Based on financial indicators and charging standards, the relevant financial indicators to measure; The list method is adopted for cash flow analysis, calculate the financial internal rate of return, net present value and payback period. Use of break-even analysis and sensitivity analysis, quantitative analysis of the production load tables and expressed as a sales break-even point; Choose sales revenue, operating costs, three kinds of uncertain factors of investment in fixed assets, changes in the extent of plus or minus10%, it is concluded that the project has good economic efficiency and the stronger ability to resist risks.In this paper, the significance lies in the empirical research by Dazhou project financing of agricultural and sideline products, explore in Dazhou characteristic industry project development of agricultural and sideline products, the actual source of funds, financing, investment structure, solve the dazhou characteristics of the project financing difficult problems in the development of industrialization of agricultural and sideline products, Dazhou industrial scale operation of agricultural and sideline products, and to achieve development, improve the quality, scale and benefit, a choice of financing mode.