Research on the Quasi-Financial Model of the Garment Industry—Taking Heilan Home as an Example
- 1 College of Business, City University of Hong Kong, Hong Kong, China
Abstract
In recent years, there has been a growing interest in the quasi-financial model within the garment industry. This study focuses on Heilan Home Group Co., Ltd. as a case study, delving into an analysis of Heilan Home’s financial statement data from the past five years. It elucidates the financial attributes exhibited by enterprises following financial backing through the quasi-financial model, offering a comprehensive insight into the characteristics and potential risks associated with adopting quasi-financial strategies in the apparel industry. This examination is achieved through a thorough examination of the model’s advantages and disadvantages. Ultimately, this study aims to furnish the garment industry with a solid theoretical foundation for utilizing the quasi-financial model.
- Abdul-Rahman, A., Said, N. L. H. M., & Sulaiman, A. A. (2017). Financing Structure and Liquidity Risk: Lesson from Malaysian Experience. Journal of Central Banking Theory & Practice , 6, 125-148. https://doi.org/10.1515/jcbtp-2017-0016
- Ding, M. S., & Dai, J. P. (2021). Research on Suning’s Equity Financing Strategy from the Perspective of Balancing Theory and Business Model. Finance & Accounting , No. 8, 45-48.
- Li, B. B., & Wang, H. (2022). Based on the Case Study of SAIC. Finance and Accounting Monthly , No. 20, 124-132.
- Nwude, E. C., Itiri, I. O., Agbadua, B. O., & Udeh S. N. (2016). The Impact of Debt Structure on Firm Performance: Empirical Evidence from Nigerian Quoted Firms. Asian Economic and Financial Review , 6 , 647-660. https://doi.org/10.18488/journal.aefr/2016.6.11/102.11.647.660
- Pang, J. G., & Wang Z. H. (2019). Research on Dynamic Optimization of Retail Enterprise Financial Model under O2O Model. Journal of Commercial Economics , No. 19, 93-95.
- Qin, X. L. (2020). An Analysis of the Influence of Financial Models on Corporate Profitability—A Case Study of Hisense Group. Finance and Accounting Monthly , No. 4, 106-109.
- Tang, G. L. (2008). Capital Operation Strategy: Speed First—Based on the Liquidity Analysis of GOMI and Suning. Finance & Accounting , No. 6, 33-35.