Research On The Financial Effect Of Internet Consumer Financial Asset Securitization

Driven by the continuous reform and innovation of financial institutions and the support of national policies,asset securitization in the financing field has gradually become a widely used financial innovation tool.From the initial bank credit assets to the real enterprise assets,the basic type of securitization is more The more the market,the more diverse the market participants,the more perfect the structural design of the products,and the asset securitization in China has entered an important stage of rapid development.At the same time,Internet consumer finance has developed rapidly in recent years.Such enterprises have great capital needs,but the liquidity of consumer loans and assets is weak,which limits the financing ability of enterprises.And by virtue of its own characteristics,asset securitization can revitalize the sedimentary assets of consumer finance and meet the capital needs of enterprises.It can be foreseen that the potential for the development of securitization of Internet consumer financial assets is huge.New economic types should be matched by a reasonable financing model.Internet consumer finance companies,as an innovative enterprise model combining Internet and consumer credit,have very different asset structures and business types from traditional enterprises.If they still use the general financing model to obtain funds,their financing efficiency may be very low.In theory,asset securitization can improve the liquidity of such enterprises,and it is a financing model that suits them.So how to achieve the effect in practice and application becomes a problem worthy of attention.This paper studies the financial effects of asset securitization in Internet consumer finance companies.In the research method,the three main methods of event research,financial index and Z-score are selected to carry out the Credit Ease's asset securitization.The objective evaluation of financial effects,business performance and financial risks.After statistical analysis,the conclusion of this paper is finally drawn:in the current stage of economic development,asset securitization is an innovative financing method with positive effects.The introduction of securitized products has enhanced the wealth effect of Credit Ease and enhanced the company's profitability,operational capacity and cash flow levels,reducing the level of financial risk,but its role in solvency is not obvious.And whether asset securitization can have a lasting impact on the company remains to be further studied.A thorough analysis of the case of Credit Ease's asset securitization is a great supplement to the theoretical consumer community about the Internet consumer finance industry.It illustrates the mechanism of asset securitization on the financial status of such enterprises and helps them to expand themselves in the future.The financing channel and the enhancement of financing selectivity have strong practical significance for the rapid development of Internet consumer finance.