WY Group Financial Risk Management Study

Construction industry is the pillar industry of our national economy.With the continuous development of the construction industry and the acceleration of the internationalization process,as one with the largest production value in construction industry,construction enterprises' competition and the variety of risks have been increased.Financial risk is the biggest threat.How to predict and prevent risks scientifically is very important to the development of enterprises.Financial risk early warning is a way to effectively predict financial risk.To help enterprises better carry out financial risk forecasting is the basis for enterprises to guard against financial risks.It plays the role of escort to the development of the enterprises.As an observation guide to the economic operation of enterprises,financial risk assessment is not only of high theoretical significance,but also has a strong practical application value.Therefore,it is necessary for construction enterprises to set up effective risk assessment mechanism and have certain risk control ability.In this paper,WY Group is taken as an example to study the financial risks in the actual operation of Chinese construction enterprises.According to the overall development of the construction industry and its future development direction,this paper adopts the theory and related methods of enterprise financial risk prevention,and taking WY Group as an example of research.To carry out analysis and research on the financial risks encountered by the company during its actual operation.This paper tries to find out the internal and external factors that have important influence on the financial risk of the group,list the short and long-term financial risks of the company,and use AHP method to evaluate all kinds of financial risks faced by WY Group.It is clear that it should be based on system and technology to improve and perfect the risk prevention strategy.This study focuses not only on the financial risks encountered by the current group,but also on the potential risks that the company may have to deal with in the future.By perfecting the system of financial risk prevention,the key contents and links that are easy to produce financial risk are emphasized on preventing process,so as to effectively avoid risks and make the enterprise always in the advantage position in the market competition.