| After entering the "new normal",our economic development mode has changed.This puts forward the new request to the enterprise development.However,Many businesses are struggling to adapt to the new requirements.The development of the real economy is cold,while the virtual economy is developing rapidly.The development of the real economy and the virtual economy shows an unbalanced trend,and the economy has an obvious trend of "diverted out of the real economy".Its microcosmic feature is the financialization of non-financial firms,It is a double-edged sword.Moderate holding of financial assets helps enterprises to prevent the problem of capital liquidity,but excessive will have a serious negative impact on the development of enterprises.For several years,many companies have shifted from real to virtual in order to improve their performance,Some businesses are in crisis as a result.Agricultural enterprises "diverted out of the real economy" will cause systemic financial risks.On the basis of literature review and theoretical analysis,this paper selects Chuying Agro-Pastoral Group Co.,Ltd as the case study object,analyzes the financial assets of Chuying from three dimensions of total amount,increment and structure,and evaluates the degree of "diverted out of the real economy".Based on this,this paper uses the efficiency coefficient method to evaluate the financial risk of the young eagle farming and animal husbandry,analyzes the correlation between the "real to virtual" and the financial risk of the Chuying,and puts forward the measures to control the financial risk of the "real to virtual" of agricultural enterprises from the perspective of internal and external governance.The study found that: first,Eagle farming and animal husbandry has experienced three stages of layout,expansion and excessive expansion,and the degree of "diverted out of the real economy" has deepened step by step;second,Eagle farming and animal husbandry "diverted out of the real economy" financial risk shows a nonlinear change,that is,in different stages of "diverted out of the real economy",there are different levels of financial risk,in moderate "diverted out of the real economy",financial risk is low,and there is a good trend,in excessive "diverted out of the real economy" financial risk quickly increased;Third,enterprises can control the financial risk of agricultural enterprises by paying attention to the investment in the main business,establishing and perfecting the early warning mechanism of financial risk,improving the liquidity of assets and choosing appropriate financing methods,and the degree of government restriction on the "diverted out of the real economy" degree of agricultural listed companies,increasing strict supervision of bank credit flow and reducing taxes and fees of agricultural enterprises.From the perspective of financial risk management,this paper studies the degree of financial risk of micro-non-financial enterprises,evaluates their financial risk level,and puts forward some measures to control financial risk. |