Research On Liquidity Risk Management Of G Financial Leasing Company

The experience of developed western countries shows that financial leasing,as an important means of indirect financing,helps to build a country’s multi-level financing system,optimize the financial structure,and promote industrial upgrading and economic growth.Financial leasing is particularly important for solving the dual challenges of SMEs’ difficulty in financing and slow technological progress.In recent years,the credit market has been constantly “thundering”,and the financial leasing industry has been under increasing pressure.Financial leasing companies have appeared in a large number of overdue events.For financial leasing companies,they have a deep understanding of the business characteristics of financial leasing and the corresponding risk characteristics,establish and improve the project liquidity risk identification,control,and management mechanism,improve the internal liquidity risk management system,and strengthen external liquidity risk management.Legal construction is a top priority.This article uses Guangdong G Financial Leasing Company,where the author’s internship is located,as a practical background to conduct a case study to explore the reasons for its high liquidity risk.First of all,starting from the relevant theories of liquidity risk management of financial and financing companies,using liquidity risk indicators,stress tests,and multi-period dynamic models to comprehensively evaluate the current status of G financial leasing companies’ liquidity risk levels,quantifying the liquidity risk levels into reserves Function,and analyzed its cash flow gap and shortest lifetime,and found that without risk mitigation measures,the company’s shortest lifetime is only 8 days,the cash flow gap is also large,and the liquidity risk is higher than industry average.Based on the liquidity risk level of G Financial Leasing Company,and combined with the fact that the rents of several projects overdue in 2018,it explores the reasons for its high liquidity risk.Due to the characteristics of the financial leasing business,severe term mismatches and a single financing channel all lead to high liquidity risks.In addition,G Financial Leasing Company’s own liquidity management system also has defects,an imperfect organizational structure,lack of an integrated management department for liquidity risks,inadequate monitoring of liquidity risks,and lack of the company’s independent big data information system.Finally,the conclusion of this paper is drawn,and it is proposed to analyze the macro situation prospectively,study the supply and demand side of funds and the trend of interest rates,adjust the debt structure of G Financial Leasing Company,reduce the dependence on a single largest source of debt banks,and optimize its own liquidity management system To achieve real-time monitoring of liquidity risks with multiple indicators,from these aspects to improve the liquidity risk of G Financial Leasing Company,and inspiration for the liquidity management of other financial leasing companies.