Financial Risks Of Yiyang Group Co.

Now the world has entered the information age, with the accelerated integration of information between countries, a strong communications industry is directly related to the strength of a country. Since the reform and opening up, China’s communications industry is the rapid development, while promoting the rapid development of the country’s high-tech and the economy. However, due to increasingly complex financial situation, the market is more competitive, some companies it is difficult to take into account the financial risk of the occurrence did not take timely financial measures, to bring a great deal of adverse effects, even due to poor financial condition is ST. Now some companies are not aware of their own financial risk, not only will the companies do not know how much influence, and even affect the economic development of the whole country.For an enterprise, a good financial situation is directly related to the operation and development of enterprises, and in turn depends on the size of the financial situation of the financial risk. So financial risk management is closely related to the development of enterprises. Now more and more intense competition in the market, especially high-tech enterprises, upgrading faster and faster so that the pressure to survive is also growing. In this environment, if not a clear understanding of the financial risks and timely control, then the business will face bankruptcy.This paper selects YIYANG Group Limited corresponding financial risk control measures as a research object, its current financial risk, financial risk assessment model for the establishment of, and propose. First, the financial risk to the performance of BOCO analyzing the financial activities into financing activities, investing activities, and cash flow from operating activities, and financial quantify corresponding indicators for each capability. Through the financial statements select the data nearly five years of longitudinal analysis and comparison of their enterprises; and selected the 23 companies in the industry, were compared with each other longitudinally between the two ways of showing the full status of the financial risk YIYANG Group; re-use factor analysis, five will be selected by the ability 16 index dimensionality reduction, establishment of financial risk assessment model BOCO with SPSS statistical software, YIYANG Group’s financial risks were evaluated to determine their degree of financial risk; Finally, performance and degree of financial risk for BOCO from financing activities, investing activities, propose appropriate measures and recommendations from operating activities and cash flow in four areas. I hope this article can provide a reference for other enterprise communications industry.