Research On The Financing Of Receivables Of Ant Financial Services Group

In the past two decades,the global Internet industry has developed rapidly,and various businesses have affected all aspects of our daily lives.The largest Internet company in China is the Alibaba Group.However,with the increasing downward pressure on the macro economy and the gradual disappearance of the demographic dividend,the total transaction volume of a large number of e-commerce companies represented by Taobao and Tmall has slowed down,and industry competition has intensified.And Alibaba's consumer finance company Ant Financial has been using ants to support businesses on the platform,and it also encourages consumers to shop through the ant flowering business and finances the resulting accounts receivable.Therefore,the contrarian rise in trading volume has been achieved,and the value of the company has been greatly improved.Therefore,research on Alibaba Group's accounts receivable financing is very necessary.This paper provides important theoretical value and reference significance for the financing of e-commerce companies in China by analyzing the causes,financial impacts and risks of ant financial services and their asset securitization of accounts receivable.This paper conducts research in accordance with the logic of "problem-analyzing problems-solving problems." This paper uses case study method to analyze the process and financial impact of ant borrowing and ant spent asset securitization,and points out the existing risks and draws universal conclusions.First of all,this article fully and systematically elaborates the relevant literature and the theory of asset securitization of accounts receivable.Second,we will sort out the background of the case and the asset securitization process.Thirdly,based on the above-mentioned literature and process,a financial analysis of the ant's rake,ant scape and its asset securitization of accounts receivable is made,and its impact on maximizing the value of the company is pointed out.Finally,according to the case study,the general conclusions of asset securitization of receivables of e-commerce companies are drawn.Through the case analysis of asset securitization of accounts receivable receivable from ant gold suits,this article believes that Alibaba Group has launched a loan method for ants to borrow money,which has promoted the development and expansion of entrepreneurs and businesses on the platform,and it has also used ants to spend money on selling goods.,Boosted the sales of Taobao and Tmall platform.By financing the asset securitization of the accounts receivable assets generated by the loans and expenses,it supplemented the liquidity of the company and improved the asset structure,thus ensuring the free cash flow of Alibaba Group was adequate.The promotion of corporate value is conducive to the further development of the enterprise.The significance of reference is huge.