Research On The Impact Of Sanjiang Shopping Similar Financial Pattern On Profitability

From the perspective of the company's operation,it is a necessary condition for the daily operation and continuous development of the company to keep the amount of capital reserves within a certain scale.Especially for the chain retail enterprises,which only rely on the support of traditional financing methods,it is impossible to obtain a strong capital guarantee in the face of the rapid development demand for a large amount of capital.Therefore,a flexible and cheap financing method emerges,which is the similar financial pattern studied in this paper.This kind of financial pattern absorbs or occupies the upstream and downstream funds of the supply chain in a low cost or even no cost way,so as to make the capital cycle rolling and provide itself for long-term use,so as to realize the overall improvement of the enterprise's sales channels,operating scale and operating level.In our country,Gome retail and Suning Tesco,two large-scale home appliances retail enterprises have already applied this pattern.Then,is this pattern available for all the chain retail enterprises of supermarket in our country? What are the characteristics of the enterprise similar financial pattern? What impact will the application of similar financial pattern have on the profitability of enterprises and what are the risks of using similar financial pattern for enterprises?In order to answer the above questions,this paper aims to discuss the application of this corporate financial financing pattern,its impacts on profitability and the mode of possible financial risks through both the literature analysis and the case analysis,using Sanjiang Shopping Club Company Limited(hereinafter referred to as the Sanjiang Shopping)for the case of enterprise.This paper includes the following six aspects: First,the background and significance of the selected topic,by summarizing the theoretical findings and research results of both domestic and foreign scholars.Also,it introduces the framework,contents and the research methods of this paper through logical technology roadmap.Third,introduce Sanjiang Shopping Club Company in its operating status and profitability.Analyze the financing through the financing methods and the financing structures.Study the operational mechanisms and financial characteristics through its annual reports.Also,analyze the funding sources and capital gains of the similar financial financing.Fifth,analyze and evaluate the financial risks under this,then puts forward some suggestions on risk management as well.In the end,this paper,by combining theory with practice,draws the main research conclusions and deficiency.Through combining a specific case with data,this article comes to the conclusion that through similar financial pattern,Sanjiang Shopping gets a low cost of relatively large liabilities.This paper puts forward some specific suggestions on the basis of Multi-theoretical analysis,hoping to provide certain theoretical references for the application of similar financial pattern,choosing appropriate financing channels and the implementation of risk management for other enterprises in the future.