Research On The Choice Of Financial Leasing Mode Of G Port Company

The port has always been an important infrastructure for national economic and social development,an important part of the national comprehensive transportation system,and an indispensable important node in the modern logistics industry chain.As a real economy of port management and operation,port logistics enterprises are typical capital-intensive and labor-intensive enterprises.They have the characteristics of large investment,long payback period,and high proportion of fixed assets.Therefore,the reasonable choice of financing methods and financing options Port logistics enterprises have strategic significance.The financing methods are rich and diverse,so whether financial leasing is suitable for port logistics enterprises,what is the difference between direct lease and leaseback,and which model is more suitable for G port logistics company is the main argument discussed in this article.Firsty,the paper outlines the current overview of China's port industry financial leasing.It analyzes the significance of the development of financial leasing in the port logistics industry from the current problems of port enterprise financing,and discusses the choice of financing leasing model.Secondly,it was found that G company's recent liquidity shortage is short,and the liquidity risk is large by taking the selection of the financing plan of the G port logistics company as a research sample and analysing the cash flow structure and financial indicators,but it is urgent to purchase large-scale mechanical equipment,so it is necessary to find new financing channels.Combined with this cases,it compares the difference between the direct financing lease and the sale and leaseback model;On the basis of considering the time value,considering the actual cost under the NPV method of the two modes and the discounted value of the cash flow of the project in each year of the two modes,we can choose the appropriate financial leasing scheme for the project.Finally,some suggestions are put forward for the possible problems.The research results of this paper show that: the direct lease and leaseback can alleviate the one-time payment pressure of the enterprise and solve the problem of purchasing large asset equipment of the enterprise;the actual cost of direct financing lease is lower than sale-leaseback,and the value of the leaseback is higher than direct financing lease;Considering the actual situation,it is concluded that Company G should choose the model of sale-leaseback.