The Impact Of New Leasing Standards On The Financing Of Chain Retail Enterprises And Countermeasures

China 's new leasing standard was revised on December 7,2018 and implemented on January 1,2019.The new standard requires lessees to reflect the financing of operating lease transactions on the balance sheet.The retail industry used to rely on Operating leases are used to meet the needs of daily business premises.Because operating leases are off-balance sheet financing under the original guidelines,companies are more willing to use this feature to obtain more financing convenience.Operating leases have also become an important financing channel for retail companies.Therefore,analyzing the impact of the new leasing standard on the financing situation of chain retail enterprises and giving a reasonable response plan can guide retail enterprises to better cope with the implementation of the new leasing standard,and can also help companies formulate a reasonable financing strategy according to the financing environment and their own development strategies.Different from the previous research,this article places the impact of the new leasing standard and the analysis on the more specific impact on the financing situation of the enterprise.The research in this article mainly includes:(1)The current financing channels and financing structure of Yonghui Supermarket Through analysis,we can see that the company's equity financing and supply chain financing account for a large share,and the utilization rate of debt financing and bank loan financing is low,which is also a major feature of Yonghui Supermarket's financing method.(2)Starting from the new standard,restate the financial statements of Yonghui Supermarket in 2018,and explore the impact of the new standard on corporate financing.The study found that due to the need for Yonghui Supermarket to include operating leases in the calculation of the table,and financing The most direct consequence of the changes in the relevant key financial indicators is that the proportion of corporate leasing financing is extremely large,which seriously disrupts the balance of corporate financing structure;the decline in profit levels and the decline in profitability have led to the company 's retained earnings scale becoming smaller and internal The financing is obviously insufficient;the proportion of equity financing is too small,and the financial risk is very large;the company's capital cost increases,and the financing cost becomes higher.(3)Using AHP,according to the current financing situation of Yonghui Supermarket,a reasonable and scientific financing plan was designed for Yonghui Supermarket,and the scheme passed various feasibility tests and gave relevant concluding recommendations.The new scheme can not only broaden the financing channels of Yonghui Supermarket and reduce financial risks,but also make the financing structure of the enterprise more reasonable and effectively reduce the financing cost of the enterprise.