Research On Financial Risk Control Of RuiFeng Chemical Company

Innovation is the source of driving economic and social development,the quantity and quality of high-tech enterprises is an important window to observe and evaluate regional innovation ability.With the rapid development of the global economy,the competition is becoming more and more intense.The development of high-tech enterprises is extremely fast,both in terms of quantity and scale.The development of high-tech enterprises can improve the quality of China’s economic development and speed up the construction of an innovation-oriented country.However,high and new technology enterprises have higher capital investment,longer project recovery period and high risk of investment,so the financial risks of high-tech enterprises are usually higher.For an enterprise,the possibility of financial risk is likely to occur in every production and operation process.In order for enterprises to continue healthy operation,high-tech enterprises must control the financial risks of enterprises,and it is imperative.This paper is based on Rui Feng Chemical Co.,Ltd as the research object,the basic condition and financial condition of Rui Feng chemical company,based on the source of the the Rui Feng chemical company,measure and analyze the financial risk of Rui Feng chemical company,Rui Feng chemical company nearly five years of financial data from 2012 to 2016 in Rui Feng chemical measure analysis of financial risks,mainly from Rui Feng chemical company’s financing risk,management risk and its three aspects such as the total risk to measure the company’s risk profile.Indepth analysis of Rui Feng chemical company’s high financial risk control problems and causes,mainly from the aspects of the company’s operation and management,system,information technology,management and other aspects analyzes the reason of the company’s financial risk control problems.In view of the problems and causes of financial risk control of Rui Feng chemical company,the author puts forward some countermeasures for financial risk control.To improve the financial risk control measures of Rui Feng chemical company,it can effectively control the financial risks of the company and reduce the significant economic losses caused by the company’s financial risks.Bring in as many economic benefits as possible for the company.Enhance the competitiveness of the industry,provide guarantee for the long-term development of the company and realize the maximization of enterprise value.It also provides reference for the financial risk control of other companies belonging to high-tech enterprises.