Research On Evaluation Of Financial Risk For Construction Enterprise

In recent years, with the ever-accelerating the process of China’s modernization,the state invested in infrastructure investment continued to increase, the constructionindustry as one of the major industries of China’s national economy has been rapiddevelopment. Good opportunities for development, however, is often accompaniedby great challenges, the construction enterprises large-scale investment, productionand strong liquidity, and long production cycle characteristics of the industry, andthe industry market operation mechanism, the social security system is imperfectconstitute financial risk of construction enterprises. Therefore, study the constructionenterprise financial risk assessment and early warning has practical value and realisticsignificance.In the domestic and foreign experts and scholars on the basis of corporatefinancial risk, the first analysis of the financial status quo of China ’s constructionenterprises, the internal and external causes and types of financial risk, the studycompared the existing variety of corporate financial risk evaluation method, proposesuitable research method that fuzzy Analytic Hierarchy Process;Second,comprehensive predecessors the financial risks Institute selected financial indicatorsas well as the construction business industry characteristics, building constructionenterprise financial risk evaluation index system; and the establishment of a financialrisk evaluation model based on Fuzzy Analytic Hierarchy Process constructionenterprises; then MCE software25listed sample corporate financial data arecollected for analysis, horizontal and vertical case analysis results are basicallyconsistent with the actual financial position, to verify the practicality andeffectiveness of the constructed model for the construction of an accurate assessment of corporate finance the risks applicable method.Finally, from the project ’s tender,the contract signed, the project construction, profit formation and distribution of thefour angles, proposed the construction enterprise financial risk prevention measures,financial risk management and effective control provides a reference to the proposedconstruction managers.