RETRACTED: Empirical Study on the Performance of Industry Chains Finance Business in Finance Companies Based on the Included Angle Cosine-Grey Relation Method

Abstract Following an investigation undertaken by the publisher, we have determined that this paper was accepted on the basis of a compromised peer review process. We hereby retract the paper. The corresponding author has been notified of the retraction. The retraction statement can be found here: https://doi.org/10.1520/JTE20269996. As a new financial solution, industry chain finance helps to improve the competitive efficiency of the cross-industry chain. Following the basic principles of the balanced scorecard, this paper constructs an evaluation index system that emphasizes financial business objectives and effects of a financial company’s industrial chain. Combined with the data of a buyer’s credit business, as well as the consumer credit business and the financial leasing business of H Finance Company from 2018 to 2019, this paper makes an empirical analysis on the financial business of the three industrial chains of H Finance Company by using the included angle cosine-grey correlation method. As revealed by the study, from the perspectives of performance in relation to chain companies, contribution to core enterprise, and employee development, the buyer’s credit business delivers optimal performance compared to the other two businesses owing to its long duration of operation, large client base, high financing demand, and relatively well-established business system. With regard to profitability, operational efficiency, and development potential, the consumer credit business demonstrates the strongest potential to obtain cash flow, has the best certificate processing time and processing accuracy, and has a relatively robust credit balance growth and profit growth. Comparatively speaking, the financial leasing business evolves relatively sluggishly among the three businesses. There is considerable room for improvement in all three businesses, so finance companies are encouraged to consider expanding these three business sectors in the future and increase their financial services in the industry chain.