Customer Credit Risk Assessment of Pledge by Warehouse Receipts in a Chinese Logistics Enterprise

Chinese large logistics enterprises have carried out the business of pledge by warehouse receipts for more than ten years while many problems emerged in the process of business implementation. A lot of risks such as customer credit risk, the risk of bad delivery and regulatory risk have emerged in the business. In particular, customer credit risk is very important. Therefore, it is necessary to study the customer credit risk of the pledge by warehouse receipts for Chinese logistics enterprises. In this paper, a Chinese logistics enterprise called Group Z was taken as an example. Firstly, the background and significance of the study was described. Secondly, the relative theories were introduced as the basis of the evaluation method created in the following part. At last, an evaluation system of customer credit risk was established mainly aimed to evaluate customer credit risk factors through systematic analysis so as to select customers on the basis of a more quantitative analysis.