本报记者 张泰欣

Our reporter lines hin

　　截至目前，在117家央企中，共有70家设立了集团财务公司，较2011年底增加10余家。业内人士表示，企业集团财务公司是去年以来非银行金融机构拓展最为迅速的领域。根据企业与行业的特点，加快产融结合，抓好风险防范，将是未来财务公司经营能否持续的关键因素。

Up to now,In 117 renmin,A total of 70 set up the group finance companies,Representing an increase of more than 10 at the end of 2011.The personage inside course of study says,Financial companies of enterprise groups is the most rapidly since last year non-bank financial institutions to expand the field.According to the characteristics of the enterprise and industry,Combining with to speed up the production,Pay special attention to risk prevention,Will be the future financial management of the key factors in the sustainable company.

　资产规模超过3万亿 More than 3 trillion asset size

　　去年11月以来，中国南车(601766,股吧)、中国北车(601299,股吧)、中信集团、中国铁建(601186,股吧)等大型央企纷纷设立财务公司，另有多家地方国资企业设立财务公司。去年以来，共有23家财务公司设立或筹备开业。截至目前，国内企业集团财务公司总数超过150家，多数央企已设立财务公司，财务公司成为管理集团资金和运营创新的重要部门。从近期设立财务公司的企业来看，其行业范围覆盖传统的能源电力、机械制造业以及新兴的高科技、服务等民生产业，涵盖多种所有制企业，分布地区从东南部沿海延伸到中西部内陆。除大型央企外，一些中小企业也开始酝酿设立财务公司，满足日益扩大的资金运营需求。

Since November last year,China southern railway(601766,Shares!)/China north car(601299,Shares!)/Citic group/China railway construction(601186,Shares!)Large renmin in succession such as setting up financial company,Otherwise many native place enterprise to establish a financial companies.Since last year,A total of 23 financial companies to set up or opening.Up to now,More than 150 total domestic enterprise group finance companies,Most renmin has established a financial company,The innovation of financial companies become group fund management and operation is an important department.From the perspective of the enterprise of recent establishment of a finance company,Its business scope covers the traditional energy power/Machinery manufacturing industry and the new technology/Service and people's industry,Covers a variety of ownership,Distribution area from southeastern coastal inland extends to the Midwest.In addition to the large renmin,Some small and medium-sized enterprise also began brewing establishment of a finance company,Meet the growing demand for capital operation.

　　统计显示，截至2012年11月末，全国145家财务公司表内外资产规模达到34416亿元，所服务的企业集团资产规模超过30万亿元。行业平均资本充足率达到27.44%，不良资产率为0.15%，流动性比率为59.4%，均高于监管要求。预计2012年行业的利润总额将超过500亿元。业内人士认为，从资产规模看，财务公司已经成为继信托之后非银行金融领域的又一板块，2013年财务公司行业还将继续保持较快发展态势。

Statistics show that,By the end of November 2012,Inside and outside the nation's 145 financial companies list assets reached 3.4416 trillion yuan,Services of the enterprise group assets more than 30 trillion yuan.Industry average capital adequacy ratio reached 27.44%,Bad assets ratio is 0.15%,Liquidity ratio is 59.4%,Are higher than the regulatory requirements.Industry profit total for 2012 is expected to more than 50 billion yuan.The personage inside course of study thinks,From the asset scale,Financial companies has become after the trust another plate of non-bank financial sector,Financial companies industry in 2013 will continue to maintain rapid development momentum.

　　中国财务公司协会会长张华表示，2012年行业经历大发展，未来财务公司在数量上还将继续增加，但应适度控制发展速度。张华认为，企业集团设立财务公司应基于四方面需求：一是发挥管控作用；二是有效配置资源；三是提高资金使用效率和经济效益；四是防范集团风险。

Finance company of China association of zhang hua said,2012 years industry experience,Future financial companies will continue to increase in number,But should be appropriate development speed control.Zhang hua think,Enterprise group set up financial company should be based on demand from four aspects:One is the control role;The second is the effective allocation of resources;Three is to improve the service efficiency of funds and economic benefits;4 it is to guard against risk group.

　风险管理体系有待完善 Risk management system needs to be perfect

　　一位来自监管部门的人士表示，未来设立财务公司应将风险监管放在第一位，财务公司应当成为企业集团经营决策的中心、风险管控的中心、信息管理的中心、资金运行的中心、业务链条不断整合的中心。企业集团设立财务公司，可以有效解决集团内部的资金运营需求，在推动企业资金集中管理方面发挥较大作用。统计显示，在116家央企中，已实现不同程度的资金管理，平均资金集中度达50%以上，有效降低了企业的资金成本，更好地配置资源。

A people from regulators said,The future establishment of a finance company shall risk supervision in the first place,Financial companies should become the center of the enterprise group management decision/The center of the risk control/The center of information management/The center of the capital operation/The center of the chain continuous business integration.Enterprise group set up financial companies,Can effectively solve the group's internal capital operation needs,Play a large role in promoting the centralized fund management.Statistics show that,In 116 renmin,Has different degree of fund management,Average capital concentration above 50%,Effectively reduce the cost of capital of the enterprise,Better allocation of resources.

　　虽然财务公司发展迅猛，但存在一些风险和隐忧还亟待解决。中国财务公司协会人士介绍，风险管理问题将是伴随财务公司终生发展的重大问题。财务公司面临着市场风险、经营风险和操作风险等多种风险，完善的风险管理体系是保障财务公司安全运行的关键。可以看到，近来一些财务公司在发展过程中并不重视风险管理和内部控制，其不规范的经营运作积聚了大量金融风险，信贷放款、投资规模、期限结构和经济周期波动等都有可能成为影响财务公司经营的风险因素。

Although financial company is developing rapidly,But there are some risks and potential still to be solved.China association of financial companies are introduced,Risk management will be major issues along with the development of financial company for life.Financial companies face the market risk/Business risk and operating risk and so on many kinds of risk,The perfect risk management system is the key to guarantee safe operation of the financial company.You can see,Recently, some financial companies in the development process does not pay attention to risk management and internal control,The non-standard operating accumulated a large number of financial risks,Credit loan/Investment scale/Term structure and economic cycle fluctuations are likely to be the risk factors affecting the financial business.

　　此外，法人结构问题、与集团公司关系问题等也是财务公司发展过程中需要关注并解决的问题。中化财务公司人士表示，对于未来行业的发展，还需要更多关注主业，适当地参与金融创新和同业金融服务。在防范风险的同时，可以更加注重资金管理的安全，在保持盈利水平的同时更注重服务性。

In addition,Legal person structure/Relationship with the group company, etc is also in the process of the development of the financial company need to pay attention to and solve the problem.Sinochem financial company said,For the development of the industry of the future,Still need to pay more attention to its main business,Appropriately involved in financial innovation and financial services industries.To prevent the risk at the same time,You can pay more attention to the safety of the funds management,In keeping the profit at the same time pay more attention to the level of service.