供应链金融行业选择研究.pdfVIP

20 17 年第 4 期（总第 174 期） 供应链金融行业选择研究 姚 适，李易凡 （中国邮政储蓄银行股份有限公司，北京 100808） 摘 要：通过GDP增加值、行业营运资金周转天数、行业风险“Z值”三个定量指标来度量行业总体规模、行业营运资 金周转及行业风险状况，以此构建了供应链金融业务可行性的定量分析模型，并通过测算得到了各行业的可行性 指标结果。研究结果显示：在一级行业中，制造业、卫生和社会工作、房地产业等行业供应链金融应用的可行性较 高；在工业的二级行业中，化学原料及化学制品制造业、计算机、通信和其他电子设备制造业及非金属矿物制品业 等行业供应链金融应用的可行性较高。 关 键 词：供应链金融；行业选择；行业规模；营运资金周转；行业风险 中图分类号：F830.49 文献标识码：A 文章编号：2096-2517（2017 ）04-0030-08 Research on the Industry Choice of Supply Chain Finance Yao Shi, Li Yifan （Postal Savings Bank of China ，Beijing,100808,China ） Abstract ： This paper constructs the quantitative analysis model of the feasibility of supply chain finance by measuring the total scale of the industry, the working capital turnover and the industry risk situation through the three quantitative indexes of GDP growth value, industry working capital turnover days and industry risk “Z value”. Then we used the current data to calculate the index of the feasibility. The results show that: in the primary industry, manufacturing, health and social work, real estate industries are more feasible to apply supply chain finance. In the industrys secondary sub-sectors, chemical raw materials and chemical products manufacturing, computer, communication and other electronic equipment manufacturing, non -metallic mineral products industry are more feasible. Key words ： supply chain finance; industry selection; industry scale; working capital turnover; industry risk 间的交易成本显著降低， 社会分工也越来越精细， 一、引