Study On Coal Trade Risk Of YX Company

With the development of economy,coal resources have been utilized on a large scale.Because of the uneven distribution of coal resources and the difference of coal prices in different regions,coal trade emerges as the times require.Because of the fluctuation of the domestic coal market and some problems existing in the company itself,YX company has a lot of risks in coal trade,resulting in a huge amount of overdue accounts,generating a lot of loss of assets.In order to avoid overdue accounts and reduce losses in future trade activities,it is urgent to improve YX's risk management system and the development of enterprises from simple trading companies to comprehensive logistics enterprises.Firstly,this paper summarizes the whole research background and significance,summarizes the relevant research viewpoints at home and abroad.Then,taking YX Company as the research object and reducing the risk of coal trade as the breakthrough point,this paper illustrates the development status and business model of YX Company's coal trade by field investigation,survey and interview,literature research and other research methods.It finds out the main reasons for the trade risks: from the external analysis,the main reasons are the downturn of the domestic coal market environment,the poor operation of upstream and downstream enterprises,the demand of N Group Company's ranking in the top 500 in the world,the annual operating indicators issued by ZK Company;from the internal analysis,the main reasons are that YX Company has not established the relevant risk management system,business personnel are lack of risk management awareness,the performance pursuit of industry leaders,etc.Finally,it is proposed that the whole trade activities should be divided into three stages: pre-event,in-event and post-event.The way to solve or reduce trade risks should be changed into pre-event prevention,in-event control and post-event analysis.From the pre-event perspective,it mainly includes abiding by relevant regulations,improving the trade risk awareness of relevant business personnel,establishing enterprise risk management system,etc.From the in-event perspective,it mainly includes straightening out the trade chain,the whole process of internal audit involved in trade business,and from the post-event perspective,it mainly includes paying risk mortgage and establishment of a mechanism for clearing and collecting overdue accounts.This paper gives a set of reliable and operable integrated solutions,which can provide a great reference and guidance for the risk problems of trading enterprises.