Research On Financial Risk Evaluation Of SY Energy Conservation And Environmental Protection Company

In the past 40 years of reform and opening up,China’s industrialization and urbanization have reached an unprecedented height.However,the rapid development of the economy has led to serious environmental problems,which have not only affected the people’s life,but also restricted the economic and social development of our country.China has also gradually realized the seriousness of environmental pollution and introduced a series of environmental protection policies.The energy conservation and environmental protection industry has achieved rapid development under the guidance of these policies.However,due to the problems such as low industrial concentration,weak core technology competitiveness and shortage of funds in the environmental protection industry,the operation of enterprises is increasingly difficult.Under this circumstance,energy-saving and environmental protection enterprises will inevitably have financial risks.The identification and diagnosis of financial risks requires enterprises to have a scientific and effective financial risk evaluation system.If the company does not pay attention to the financial risk evaluation,the enterprise will not be able to detect and diagnose financial risk problems in a timely manner,and it will not be able to take reasonable and effective measures to prevent and control financial risks in a timely manner,which may lead to aggravation of the financial situation of the enterprise or financial crisis.Therefore,in order to promote the healthy development of energy-saving and environmental protection enterprises,it is of great significance to study the financial risk evaluation of listed companies in the energy conservation and environmental protection industry.This paper selects SY Energy Conservation and Environmental Protection Company(SY Company)as the research object,and constructs a scientific financial risk evaluation system for the company from the perspective of financial risk evaluation problem faced by the company.This paper consists of seven chapters.The first part elaborates the research background and significance of financial risk evaluation of energy conservation and environmental protection enterprises,summarizes the research literature and data about financial risk and financial risk evaluation home and abroad,and introduces the framework of the paper and related innovations.The second chapter is the overview of related theories.It mainly introduces the concept of financial risk and the meaning,function and method of financial risk evaluation.The third chapter firstly gives a brief introduction to SY company,secondly expounds the current situation of SY company’s financial risk evaluation,and points out the problems existing in the process of SY company’s financial risk evaluation.The fourth chapter combines the specific situation of financial risk evaluation of SY company to establish a financial risk evaluation system for SY company.The fifth chapter is the process and result analysis of SY company’s application of financial risk evaluation system.The sixth chapter proposes measures for SY company to successfully implement the financial risk evaluation system based on the previous research.The seventh chapter summarizes and forecasts the full text,and points out the shortcomings in the researchIn this research,the case analysis method is used to study the financial risk evaluation of SY company,and the financial risk evaluation system is constructed by using the entropy weight method and the efficiency coefficient method.This paper studies the financial risk evaluation of SY company,hoping to make SY company pay more attention to financial risk evaluation,and implement the financial risk evaluation system scientifically and effectively,thus strengthening SY company’s management of financial risk.