Risk Assessment And Control Of Chinese Automobile Financial Leasing Companies

China has achieved a leap in car sales since 2000 and became the world's largest market for new cars in 2010.With the continuous prosperity of the auto market,China's auto finance business has also developed rapidly.The financing lease business in the auto finance business has been favored by many auto consumers due to its features such as lower threshold,lower down payment and more flexible and diverse products compared with bank loans.Although China's auto finance market is developing rapidly,many companies are facing financial crisis or even close to bankruptcy.The reason is that these companies blindly pursue development and ignore the risks behind blind expansion.For auto financing leasing companies,the risk management level is not only the embodiment of the company's comprehensive management ability,but also the lifeblood of the company's stable development.To do a good job in risk management,it is necessary to identify the company's risk points,and be able to take scientific measures and methods to suit the case.This paper introduces the development history and current situation of China's auto financing lease industry,and selects the industry with a strong representative of the yi xin group for case analysis.Through collect Yi Xin group after the listing,the 2015-2018,disclosure of financial data and related management situation,the introduction of international risk rating system "," unified financial institutions-the CAMELS rating model to Yi Xin group's capital adequacy,asset quality,management ability,profitability,liquidity,market sensitivity,a total of six indexes are analyzed,and through the analysis on the overall risk rating,and concluded that Yi Xin risk level to level 2,the overall risk level is low,the financing channels,capital adequacy ratio is very high,better able to deal with the risk of sudden loss,The company has a good profit situation and a high profit rate,which can support the investment in advertising marketing,technology research and development,talent training and other aspects required bythe rapid development of the enterprise.At the same time,the analysis also found the problems existing in the current internal control of yixin.For example,with the passage of time,the loan delinquency rate keeps rising and yixin is facing the risk of a large-scale outbreak of bad debts.The proportion of liquid assets has been declining,and the proportion of long-term assets and long-term liabilities is not good,so there are potential financial risks.In business operations,but also need to increase efforts to maintain the current strong momentum of development.Part,the suggestion of this paper to solve the prominent Yi Xin risk factors,from strengthening the recognition of credit risk,adjusting back to rent and direct business accounted for,avoid operation risk,establish the financial early warning system four aspects,put forward the corresponding optimization scheme,and the future development of Chinese auto financing leasing,puts forward the laws and regulations,perfect the credit system,strengthen financial supervision,etc.This paper broke through the traditional risk assessment model of companies,innovatively introduced the CAMELS model to analyze the risks of automobile financial leasing companies,and built a claimed assessment model system suitable for the industry of automobile financial leasing,providing beneficial references in risk assessment and risk management for similar automobile financial leasing companies.