Research On Financial Risk And Management Of A Foreign Trade Company

With the development of economic globalization,the change of the international economic environment impact on the business situation of the foreign trade industry become directly and rapidly.The international financial crisis in 2008 has erupted for nearly ten years,the economy of the world is still in the doldrums,a lot of industry demand dropped,the foreign trade industry is affected seriously,especially the export-oriented foreign trade enterprises.Although in recent years the foreign trade in our country had rapid development,but with the impact of the financial crisis,at the same time also more and more fierce competition in the industry,foreign trade enterprises are facing unprecedented market and complex environment,how to deal with the opportunities and challenges has become an important strategy for the enterprises.The small and medium-sized foreign trade enterprises in our country are generally lack of awareness of risk prevention,more rarely enterprise financial risk management.This article is in this context to explore the small and medium-sized foreign trade enterprises how to realize their own financial risks,establish the company’s risk management mechanism,deal with the severe environment.This article selects a typical small and medium sized foreign trade company,through to analysis the company’s background,development history,financial environment,financial policy,and select its nearly 3 years financial statements,targeted at the debt paying ability,operation ability,profitability,cash flow and growth ability of select financial indicators,calculating the comparative analysis,fully reflects the financial position of the enterprise..To find out the risk exists in A company through quantitative analysis and qualitative analysis,mainly in poor liquidity,not enough cash guarantee;unreasonable capital structure,asset liability ratio is too high,the financial risk is relatively large;net profit is relatively low but cost has maintained a high level,poor profitability;in recent years,the main business profit growth rate slow that growth ability is weak;the accounts receivable turnover rate slow ect..Through the analysis and research of the causes and puts forward the measures to establish a suitable financial risk early warning and management system for the enterprise’s,which includes five aspects: the establishment of financial risk early warning mechanism,strengthen financial management,strengthen credit management,the establishment of foreign exchange risk prevention system,adjust the import and export structure,so that we can carry on the early warning of the enterprise the financial condition,early detection of small enterprise crisis signal,to take timely measures to deal with,avoid or reduce the damage to the enterprise as far as possible.