【作者】 李鑫；

【导师】 吴志明； 谢汉阳；

【作者基本信息】 湖南大学 ， 金融硕士（专业学位）， 2015， 硕士

【摘要】 信用是市场经济的纽带,信用评级在市场经济中至关重要,对于市场经济运行机制而言,更是核心组成部分。对市场经济的基本参与者——企业进行客观有效的信用评级是经济发展的必然要求。本文主要应用案例分析的方法,针对山河智能装备股份有限公司的信用状况进行定量分析与定性分析,主要研究利用外部评级公司的评级模型对被评级企业进行信用评级的问题。通过针对企业所处行业分析,财务分析,探索提高企业信用评级科学合理性的具体措施。希望通过该案例分析能够为评级机构风险管理人员在实务操作中如何量化风险、规范评级提供有益的帮助,为工程机械企业顺利完成转型升级提供借鉴。首先,本文介绍了选题的背景、信用评级的起源、发展和作用；其次,本文阐述了中华征信所对客户信用评级体系的基本方法；再次,应用中华征信所信用评级体系,从管理因素、财务因素和经济因素等角度对山河智能装备有限公司的信用状况进行了案例分析,从纵向和横向的角度探讨了其信用等级状况,从纵向看,在过去五年中,受评企业信用状况在下滑中逐渐企稳,从横向看,受评企业在行业内具有相对较高的信用评分；最后,针对评级对象在信用评分过程中发现的问题提出提高其信用评级的建议,并对本文所介绍的信用评级体系进行改进并进行总结,分析讨论其优势和不足,并有针对性的提出优化建议。更多还原

【Abstract】 Credit is the link of the market economy in which credit rating plays the core part of the operating mechanism. In market economy, it is an inevitable requirement of economic development for objective and effective credit rating of the basic participants-enterprise.In this paper, the study mainly adopt method of case analysis. Based on the credit analysis of Hunan Sunward Intelligent Machinery Co., Ltd. of quantitative and qualitative status, this paper focus on the rating model of external rating agencies to be applied to corporate credit rating. Through the industry analysis and financial analysis, the concrete measures of improving the scientific rationality of enterprise credit rating are explored. It is hoped that this case analysis helps risk managers of rating agency to quantify risk rating, and provides reference to engineering machinery enterprises to complete restructuring and upgrading.Firstly, this paper introduces the background, origin, development and function of credit rating; secondly, this paper expounds the basic method of customer credit rating system of the China Credit Information Service, LTD; thirdly, with the application of credit rating system, the case analysis of Sunward Intelligent Equipment Co. Ltd. dealt with the management factors, financial factors and economic factors from the vertical and horizontal angle of its credit rating. From the vertical perspective, the evaluation of enterprise credit situation gradually stabilized in the fall during past five years, from the lateral view, the evaluation of enterprise has relatively high credit scores in the industry; finally, in the process of the credit rating of the proposals for improvement and summary, this paper pointed out sonme measures to improve its credit score; for the credit rating system described in this article, the study discussed its advantages and disadvantages, and puts forward the optimization recommendations.更多还原