Financing Scheme Design Of ZZ Textile Company In Transition Period

Textile enterprises in China are facing unprecedented challenges under the new normal situation.Sluggish market,intensified resource and environment constraints and the rising factor costs are forcing the textile enterprises to speed up the transformation and upgrading.However,the transformation and upgrading requires large capital investment,but textile industry,as a representative of low value-added and high energy-consuming industry,has been constrained by the shortage of funds and high cost of fund utilizing.Especially for small and medium-sized textile enterprises,the conflict between financing difficulties and the urgent transformation was exacerbated due to the lack of scientific financial management system.Therefore,scientific development of financing programs is essential for the successful transformation of small and medium-sized textile enterprises.This thesis summarizes financing research results in domestic and foreign and elaborates the financing related concepts and theories.Based on that,this thesis first analyses the financing status of ZZ company and reveals the company's financing sources and financing management and other aspects of problem.Then out from the strategic planning of the company's transformation and upgrading period,it estimates the expected value of the sales revenue in the transition period with professional investigation and research.And based on the regression analysis of the company's annual statements,this thesis makes the exact calculation of the financial requirements of ZZ company in the transition period and selects the feasible financing methods for the enterprise in bank lending and financial leasing and draws up financing plan according to the actual situation of company.Based on the content of premise of satisfying ZZ company's fund demand and ensuring its debt paying ability,this thesis maintain a reasonable quick ratio and adapts low-cost financing method within the allowable limit of mortgage borrowings.This thesis also optimizes the financing management process and discusses the evaluation method of financing scheme implementation.Finally this thesis makes an in-depth discussion on the evaluation measures of the copy implementation and the possible risks and precautions,it also hopes to provide a reference for more similar small and medium enterprises to solve the financing problem.