Research On Risk Management Of ZK Company’s Commercial Vehicle Financial Leasing Business

At present,China is in the golden age of economic development.Although the impact of the new top epidemic since 2020 has had a significant impact on China’s economy,China’s economy has still achieved high-quality development.With the proposal of new infrastructure and new energy strategy,the sales volume of commercial vehicles as a means of transportation also rose steadily.As one of the marketing innovation models of China’s commercial vehicles,the financial leasing industry of China’s commercial vehicles has developed rapidly in recent years,with huge market potential and huge investment opportunities attracting various funds.However,due to the sluggish start of China’s commercial vehicle financial leasing industry,the risk management of the industry development is still at the exploratory stage,and the risk management of various commercial vehicle financial leasing enterprises is also uneven.According to the current situation,it is of great practical significance to the risk management of the commercial vehicle financing and leasing industry,whether it is for enterprises that have already had considerable experience in starting fast or for new entrants in business.First of all,this paper summarized the theoretical and practical research of domestic experts and scholars on automobile financial leasing,made some understanding of the domestic research,and also made some summary of the research in the field of domestic and foreign financial leasing,and made a theoretical introduction from the perspective of commercial vehicle market development theory,the concept of automobile financial leasing theory,and the characteristics of commercial vehicle financial leasing.Then,taking ZK Company as the research target,combined with the research on the internal and external environment of the company,according to the commercial vehicle data of ZK Company,CAMELS rating system is adopted to conduct research in many aspects from the company’s capital adequacy ratio,management efficiency,business level,profitability,capital stability and industry sensitivity.In general,the Company has good liquidity,good business operation and profitability.Although the asset adequacy ratio is fair,the Company’s asset quality is average and the proportion of non-performing assets is high.Finally,according to the risk analysis results of ZK Company,the risk management measures in the process of business development are proposed from the three parts of pre lease,during lease and after lease.A personal credit scoring mechanism based on the Logistic regression model was established to help ZK Company obtain a quantifiable,comparable,efficient and objective credit evaluation mechanism,make up for the shortcomings of subjectivity,long time consuming and unstable effects of relying on the professional skills and experience of credit decision makers,achieve the effect of improving risk management measures,and help ZK Company’s commercial vehicle finance leasing business develop healthily and sustainably.