Feasibility Study On Z Financial Leasing Company's Investment In The Fourth Party Logistics Platform

Petrochemical industry in China is mainly distributed surrounding resource areas.Large-scale petrochemical enterprises primarily concentrate in the northeast,northwest,Bohai Bay,other old industrial bases and traditional producing areas.However,basic petrochemical product processing and hazardous chemicals mostly center in the East and coastlands,and the final consumption of hazardous chemicals is dispersed nationwide.The separation between production and marketing determines a huge request for logistics transportation of hazardous chemicals.However,most of the hazardous chemicals storage enterprises and transportation companies in the market can only provide single service lacking the basic professional ability to offer hazardous chemicals logistics service and the capability to conduct overall coordination and planning.In view of the present situation of domestic hazardous chemicals logistics industry,China encourages the logistics enterprises to provide customers with all-around services,and through the integration of upstream and downstream resources,the previous single model and business will turn to a whole industrial chain service including procurement,packaging,transportation,storage,distribution,as well as recovery,etc.,thus effectively getting through all links of hazardous chemicals logistics,improving logistics efficiency,and reducing operating costs.Given the above background,this paper,through research methods such as literature research,investigation analysis,and model analysis,took this project as the research object to conduct a comprehensive analysis by employing internal and external environment analysis,project business model design,financial feasibility analysis of the investment project,along with project investment risk analysis,thus exploring the fourth party logistics platform.The paper applies investment project feasibility study theory,financial feasibility analysis theory and risk analysis theory to lay a theoretical foundation for internal and external circumstance analysis,project financial feasibility,and risk judgment in the following text.In the financial feasibility analysis,by means of estimating project's static investment recovery period,net present value,internal rate of return,dynamic payback period,etc,it proceeds with feasibility interval judgment,investigation and analysis of project profitability and financial viability to evaluate the financial feasibility of the project and explicate project's value contribution to the financial subject and investors.In virtue of analysis on the basis of fuzzy assessment theory,project investment risks adopt the membership of fuzzy mathematics in mathematical theory to convert quantitative assessment into quantitative assessment and draw conclusion through model analysis.Z financial leasing company increases capital investment in the fourth party logistics platform company,which can not only gain benefits from integration of industry and finance,“stock and debt linkage”,asset securitization,and bond yields,but also turns out to be feasible for the investment project itself.