Research On Financial Risk Management Of A Bus Company

With the strengthening of the trend of global economic integration,China's economy keeps pace with The Times,and gradually explores the economic development model in line with China's national conditions in the new era and new development environment.As one of the pillar industries of China's economic development,the automobile manufacturing industry has also developed rapidly,gradually realizing the optimization and upgrading of industrial structure and the continuous innovation of high-precision technology,further promoting the regional economic integration.At the same time,the bus industry,which occupies a large proportion in the automobile manufacturing industry,has also developed rapidly.At present,the bus industry has shown the development trend of "buy global,sell global".Gradually appeared in recent years,however,China's macroeconomic downside risks,terminal market pattern differentiation,increased competition at home and abroad,the optimization and upgrading of industrial structure,industrialization of intelligent constantly infiltration,etc.,combined with China's government has launched the "three to one drop one filling" policy,namely,capacity and inventory,deleveraging,cost reduction,short board,has a great influence on the development of manufacturing industry,also with the rapid development of national economy,our government has followed the world trend put forward the policy of double integral,and the realization of passenger car enterprises have good average scores and new energy vehicles,especially for passenger car industry has brought unprecedented opportunities and challenges.In view of this situation,only an in-depth understanding of all kinds of financial risks faced by enterprises and targeted prevention and control can seize opportunities,meet challenges,and create a safe and healthy development environment for the development of enterprises.This paper is based on the financial risk management theory at home and abroad,combined with the current background.Firstly,it analyzes the background and significance of the current enterprise financial risk management,and analyzes and summarizes the existing domestic and foreign related research;Secondly,this paper introduces the concept and related theories of financial risk management,and focuses on the introduction of financial risk management process,which lays the foundation for the research ideas of this paper.Thirdly,A bus company,A leading enterprise inChina's bus industry,is selected as the research object,and the business scope,development status and current financial risk management status of A bus company are introduced.Then,according to current situation of A passenger car company's financial risk management,with the help of financial risk management process,identify A bus company in financing,investment,management and the risk problems of income distribution,and adopts the factor analysis method to establish A bus company financial risk evaluation model,with the aid of A passenger car company financial data for empirical foundation,by factor comprehensive score has made A comprehensive evaluation to A bus company financial risk;Finally,aiming at the existing problems of financial risk management of A bus company,the corresponding control measures are put forward.The research of this paper can reflect the general financial risk management of bus industry to a certain extent and has certain reference significance for the development of the industry.