Research On Financial Risk Of DF Company

With the continuous development of the world economic integration,our company is increasingly affected by the overall trend of the world economy,and the financial risk of the company is increasingly serious.At the same time of improving the operation of enterprises,improving the financial risk control and prevention mechanism,timely provide early warning,so that enterprises to respond in advance,has become the main focus of enterprise financial managers.At present,the development of coal industry has encountered a series of problems.The problem of financial risk is becoming more and more serious,so the effective management of financial risk can not be ignored.This paper takes DF company as the research object and makes an in-depth study on its financial risk.By means of questionnaire survey,this paper investigates the financial risks of DF company,and finds that DF company's capital supply is under great pressure and the company's operation is unstable.By using the z-value scoring model,this paper analyzes DF company and draws the conclusion that DF company has greater financial risks.Then,the causes of financial risk problems of DF company were analyzed.The control system of financial risk control was not perfect,the salary system was not scientific,the budget implementation was not effective,and the product structure was single.The big problem of capital supply pressure stems from the weak short-term solvency,large debt scale,low return on equity and large scale of fixed asset investment.The risk of operational instability stems from poor inventory,accounts receivable management,and DF's high cost and expense ratios.In view of the causes of financial risks,this paper puts forward targeted control measures.In order to improve the control of financial risks,it is necessary to improve risk awareness,improve distribution policies,strengthen budget management and promote the upgrading of product structure.The countermeasures to solve the problem of capital supply pressure are to expand financing channels,reasonably arrange financing time,determine reasonable capital structure and strengthen the feasibility analysis of investment projects.The solution to DF's poor operating capacity lies in strengthening inventory and accounts receivable management and strengthening cost control.Finally,the conclusion of this paper is drawn,hoping to provide some reference for other enterprises.