The Research On The Financial Risk Management Of LS Group

Along with the end of the 12 th five-year plan, "much starker choices-and graver consequences-in" plan, the global economic crisis to the influence of our country has been the worst period in the past, restricted the economic development of our country transportation infrastructure and energy problem fundamentally improved, our country’s macro economy is expected to rebound. Along with our country into a "new normal" economy, the economic slowdown, the volatile economic environment, how to better production going and constant development is the enterprise the main problem. In the face of the new economic situation, enterprises are faced with the uncertainty will be dramatically increased more significantly than ever, financial risk is one of the major factors that affect business, the good development of the enterprise need to management and control of enterprise financial risk.LS group is the modern retail and real estate industry as a key industry, at the same time involved in biological medicine, culture media pay, hoteLS, tourism, finance,education, science and technology and other fields. In this paper, from the theoretical analysis of financial risk management, in the LS group in nearly three years financial data for analysis basis, put forward three layers of the LS group construction of financial risk management system.Through the analysis of financial data, at present, the LS group operating efficiency,poor profitability decline gradually, high leverage and low turnover level affects the enterprise short-term debt paying ability, and at the same time, the main business focus on retail real estate and other cyclical industry, the influence of the group’s growth is slowing,enterprise financial risk is bigger. But the assets of the enterprises with good conditions and reasonable industrial layout and the development direction, at the same time,enterprises financing channeLS open provides a strong guarantee for enterprise future development. Established goaLS, management layer and base layer three leveLS of financial risk management system, and the actual conditions, the LS group one by one on each level of management measures, the LS group needs a reasonable assessment of their existing industry, integrate multiple industry resources, adjust industrial structure, focus on the development of competitive industries, both giving full play to the advantages of each industry, to improve the group’s overall core competitiveness, to adapt to changes in the future economic environment, all-round development.