The Evaluation Of Financial Risk Based On The Theory Of Capital Movement

Under the background of economic globalization, the risk is inevitable for any enterprise.With the continuous development of market economy, the number and the scale of enterprisescontinues to expand, its risk environment becomes more and more complex. Among them, thefinancial risk is the key of enterprise risk. It not only affects the financing and investmentactivities of enterprises, but also affects the normal operation of enterprises. Therefore,enterprises Strengthening the research on financial risk can prevent its falling into financialdistress or bankruptcy; at the same time, It can optimize the allocation of resources.Capital is the soul of an enterprise, is the source of enterprise profit. This paper is basedon the capital movement theory, specific analysis of the financial risk of the enterprise faced.At the same time, the enterprises face four major financial risk analysis of the enterpriseshould have the solvency, profitability, operation ability and development ability. From theanalysis of current situation of our finance in order to find out the deficiencies, combined withthe ability to put forward solutions four. The main contents are as follows:1. The analysis of capital movement theory, the decomposition of capital movementprocess, according to the characteristics of capital movement process of the enterprisefinancial risk into the corporate debt financing risk, investment risk, operational risk andprofit distribution risk.2. A detailed understanding of the solvency of enterprises, through the assessment of thesolvency of enterprises to measure financial risk enterprises. Specifically, solvency can mostdirectly reflect the enterprise finance risk.3. Analysis of the profitability of enterprises, capital investment risk measures. Profit iseach enterprise founder of the original intention, also is the key to the normal operation ofenterprises, only profitable business, face to deal with the enterprise investment risk.4. Research on enterprise operating capacity, in order to evaluate the enterprise operationrisk.5. Through the development of ability of the enterprise to measure the enterprise’s profitdistribution risk. Now, the development of ability is more and more become the source forenterprises to maintain profits, enterprises can develop only with strong ability to adapt to thechanging market economy, to survive in the global economic turmoil, adapt to the economicenvironment in the survival rule.6. In the above four kinds of financial risk analysis process, this paper chooses thefinancial data of10real estate enterprises in China in2013for empirical research, in order toverify the practicability of the evaluation system.Through analysis and verification, the following conclusions can be drawn: the financialrisk of the enterprise is a dynamic process, the whole process of its penetration in the capitalmovement. Although China’s enterprises begin to pay attention to the financial risk, but didnot appear on the name is comprehensive and unified evaluation criterion of enterprise financial risk, also did not show such professional institutions. Therefore, enterprises need tostrengthen the financial risk research, a comprehensive assessment of the financial risk, inorder to guard against the risk.