Proceedings of the 2021 International Conference on Transformations and Innovations in Business and Education (ICTIBE 2021)

Research on Bond Default Reasons: A Case Study of Wintime Energy Co., Ltd.

Authors
Hongyun Jiang, Qiang Li
Corresponding Author
Hongyun Jiang
Available Online 9 August 2021.
DOI
10.2991/aebmr.k.210809.013How to use a DOI?
Keywords
Bond default, Financial index analysis, Z-score Model
Abstract

Since 2018, in less than five months, there have been 20 bond default events, among which Wintime Energy Co., Ltd. has repeatedly constituted substantial bond default from 2017 to 2019. This paper uses financial index analysis and Z-score model to conduct early warning analysis on the financial risk of Wintime Energy Co., Ltd. It analyzes the reasons for its bond default and puts forward reasonable suggestions on the current bond default phenomenon.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2021 International Conference on Transformations and Innovations in Business and Education (ICTIBE 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
9 August 2021
ISBN
10.2991/aebmr.k.210809.013
ISSN
2352-5428
DOI
10.2991/aebmr.k.210809.013How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Hongyun Jiang
AU  - Qiang Li
PY  - 2021
DA  - 2021/08/09
TI  - Research on Bond Default Reasons: A Case Study of Wintime Energy Co., Ltd.
BT  - Proceedings of the 2021 International Conference on Transformations and Innovations in Business and Education (ICTIBE 2021)
PB  - Atlantis Press
SP  - 89
EP  - 96
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210809.013
DO  - 10.2991/aebmr.k.210809.013
ID  - Jiang2021
ER  -