Port communication上市公司布局商业保理，商业保理行业前景广阔据不完全统计,A股上市公司已经有近100家先后公告拟成立或收购商业保理公司,and,商业保理利润已经成为部分公司利润的重要组成部分。保理行业人士指出,As regulation tightens,预计保理行业将进入调整期,管理规范的头部企业有望获得利好。
上市公司入局 今年以来,多家上市公司发布公告拟设立商业保理公司。According to incomplete statistics,Up to now,已经有近100家A股上市公司宣布并购或参与设立商业保理公司。这些上市公司多属于制造业,相当部分属传统制造业,这类公司应收账款规模较大且上下游企业众多。
overall,上市公司设立保理公司注册资本规模不大,一般在5000万元以上。已经有数家企业公告,保理子公司成为上市公司重要的利润来源。 市场空间广阔 国内保理市场主要分为商业保理、bank factoring,此前分别由商务部、银监会监管。
《中国商业保理行业发展报告(2025)》(简称《报告》)show,2025all year,my country's commercial factoring business volume has reached 1 trillion yuan,Achieving rapid growth for five consecutive years;By the end of 2025,The total registered capital of commercial factoring enterprises nationwide exceeds RMB 570 billion.。
Industry insiders said,保理是商业贸易中以托收、When settling payment on credit,In order to strengthen the management of accounts receivable, the seller、An entrusted third party used to enhance liquidity(Factoring)管理应收账款的做法。而商业保理是一整套基于保理商和供应商之间所签订保理合同的金融方案,including financing、Credit risk management、Accounts receivable management and collection services。
The "Report" pointed out,in recent years,随着企业赊销比例增大,账期延长,企业应收账款规模越来越大。根据国家统计局发布的数据,到2025年年底,全国规模以上工业企业应收账款累计达到13.5万亿元,record high,增速继续保持在高位。包括商业保理在内的供应链金融服务前景广阔。
商务部国际贸易经济合作研究院信用研究所所长韩家平表示,从理论分析和国内外的实践来看,商业保理是与实体经济结合最为紧密的供应链金融业务,风险相对较小,With countercyclical characteristics,特别适合成长型中小企业,符合中央对金融业务的
Require
。
韩家平同时表示,2025年我国商业保理业务量预计将继续保持高速增长,China's factoring market is expected to continue to maintain its leading position in the world,And it is possible to create a world-leading new model in the field of digital factoring。
About Hong Kong Xintong
Hong Kong Xintong focuses onGuangdong and Hong Kong license plates、Shenzhen Hazardous Chemicals Business License、Shenzhen labor dispatch licenseandShenzhen Charity Foundationapplication services，Assist customers to applyShenzhen travel agency business license、Shenzhen pawn shop business license、Shenzhen auction house license and other mainstream domestic financial licenses，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableODI overseas investment registration、International travel agency registration and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。
