Research On The Disposal Of Non-performing Assets Of JT Company

With the continuous deepening of state-owned enterprise reform,non-performing asset of numerous companies have cropped up.This has not only impeded the progress of China's state-owned enterprise reform,but also affected the sound and steady development of China's economy.Therefore,governments at various levels are gradually perfecting the state-owned capital management mechanism,creating investment operation platforms,and establishing local asset management companies through reducing industry barriers of non-performing assets to preserve and revitalize state-owned asset.Under such circumstances,this paper starts from the problems and difficulties facing JT Company in handling non-performing asset and studies the definition of non-performing asset in state-owned enterprises and differentiated overseas models in handling non-performing asset.The paper has also discussed critical factors affecting and impeding the effective handling of non-performing asset,sought for ways to handle non-performing asset in JT Company properly,put forward corresponding improvement strategies and optimized innovation design to solve such problems,and offered alternative proposals to handle non-performing asset in state-owned enterprises.First of all,the paper introduces the research background and its practical significance,offers an overview of relevant theories on non-performing asset,and defines non-performing asset.Then,taking JT Company as its research object,the paper analyzes difficulties,reasons and solutions in the process of handling non-performing asset by JT Company and finds out critical factors affecting and impeding the effective handling of non-performing asset.Moreover,the author has analyzed and compared ways of handling non-performing asset in different overseas asset management companies to obtain helpful experience and inspiration for JT Company to handle such asset.Finally,through studying JT Company's problems in handling non-performing asset,the author has offered innovative ways of exploring ways to handle non-performing asset for the purpose of revitalizing and increasing the stock asset of the company,maximally recovering its asset,and maintaining and increasing the value of state-owned asset.Based on thesis analysis,JT Company shall properly select effective methods and negotiation strategies for the disposition process,and employ a suitable evaluation organization and methods to achieve fairness and veracity of its non-performing asset value,to reduce risks related with the disposition process and to prevent further depreciation and loss of its assets.Besides,a state-owned enterprise shall assume responsibilities,establish sound systems,form effective incentive and constraint mechanisms,accelerate disposition progress,expand disposition channels via advancing marketization of non-performing assets,utilizing asset restricting to vitalize asset values and utilizing the mode of “Internet+” platform-based disposition,and therefore achieve the goal of optimizing disposition efficiency and recycle benefits.