Assessment And Control Of Financial Risk In Heilongjiang Agriculture Company Limited

Agricultural enterprises is an indispensable role on the stage of China's agricultural development, is to represent the advanced agricultural productivity, is the main force of agricultural industrialization process. Agricultural enterprises have made remarkable achievements in the course of several decades of development, and play the lead role agricultural on the industrialization process. Development is the way forward, the road is tortuous. Affected by historical reasons and industry factors together, The agricultural enterprises in China are in a small scale, less overall quantity, the regional distribution of scattered, nature of the production cycle is long, the corporate governance structure is not standard, lacking the ability to grow, poor profitability, severe back agriculture management, etc. In the agricultural risk faced by the listed company, financial risk occupies a particularly important.If companies can not properly raise funds needed for development, not only in its normal business operations will be affected, and may even produce severe crisis liquidation.In this paper, Heilongjiang Agriculture Company Limited as the research object, and the main methods are literature research, factor analysis and case analysis.From the theory of financial risks, combined with the characteristics of the agricultural enterprises, the use of factor analysis selected 39 agricultural listed companies, on the basis of a large amount of literature, we select 21 financial indicators at the beginning,and take them to significance test, we find 15 indexes meet the requirment., based on it we identified financial risk assessment model of Heilongjiang Agriculture Company Limited. Using this model has been ranked scores from the industry and changes in the company's three-year trend in the development of capacity, by the current capacity, profitability and operational capabilities have a greater risk, but also the ability to determine the impact of these four major significant The financial indicators. On the basis of this analysis, the proposed specific measures to control financial risks.By building on the Heilongjiang Agriculture Company Limited shares of the company's financial risk assessment model, we can find a common problem of agricultural listed companies, on the basis of detailed analysis of the case the question is more specifically, the financial analysis of the treatment of agricultural listed companies have some significance.