The Analysis Of Financing In Huzhou WED Textile Co. Ltd.

After the textile industry is the rapid rise of China’s reform and opening up of the industry, led by the garment export trade foreign trade business has brought great help for our country’s economic development. Textile industry is an important part of China’s light industry is one of the pillar industries of our economy. After reform and opening, for China’s textile industry to open the international market, to enhance China’s world share of manufactured products provide important support. After the reforms, the rapid rise of the east and south China coastal city of textile industry chain,and these include the object of this study- Textile Co., Ltd. Huzhou WED. But over the past two years by rising raw material prices, rising labor costs, competition and other reasons too, China’s textile industry has entered a relatively recessionary environment. Particularly affected by changes in exchange rates and other factors,making China’s textile industry has been in a trough, financing is a common phenomenon. Huzhou WED textile company located in China’s textile production base- Huzhou, can fully feel the economic pressure. Therefore, the research firm Huzhou WED Enterprises on Chinese textile industry has an important help.To illustrate Huzhou WED textile company’s financing problem, this paper introduces the basic situation of the textile companies Huzhou WED, development,financing situation, and regions, market, policy environment and other financing channels and financing structure described and analyzed. In particular through the2011 to 2015 balance sheet, income statement, cash flow analysis of the company’s solvency, profitability, operating capabilities, capacity development is ideal, but the financing capacity is still room for improvement.Secondly analyzes Huzhou WED textile company financial problems, according to the third chapter describes the financing situation, in addition to the analysis of Huzhou WED company financing in the following problems: financing structure is irrational; higher financing costs; lower credit qualifications The problem. Analysis of the problem of financing mainly from two aspects of internal and external financing environment of internal management issues. External main problem for the development of the textile industry is not optimistic, bank credit policies for the textile industry companies more cautious, low financing channels selectively, mainly internal issues of financial management systems, and the lack of professional finance personnel.Finally, according to the fourth chapter presents problems to solve financing problems through the improvement of financing construction, improve profitability,reduce financing costs and improve the financial management system and other countermeasures.