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Financial Risk Analysis And Preventive Research Of CC Automobile Company

Posted on:2020-09-21Degree:MasterType:Thesis
Country:ChinaCandidate:Z Q GuoFull Text:PDF
GTID:2392330590997423Subject:Accounting
Abstract/Summary:PDF Full Text Request
At present,with the sustained development of China's economy,the opportunities for enterprises are increasing and the challenges are also increasing.In a complex and varied economic environment,enterprises must pay attention to the prevention of financial risks if they want to improve their market competitiveness and continue to develop.This is because the risk of property insurance will not only bring certain economic losses to the company,but also may cause the bankruptcy of the bankruptcy.When conducting financial risk prevention,enterprises should scientifically and reasonably identify financial risks and analyze their causes.Only in this way can we make targeted countermeasures against financial risks.According to the data released by the China Association of Automobile Manufacturers,in 2017,China sold a total of 2,879,900 vehicles,an increase of 3.04%.Sales have ranked first in the world for nine consecutive years,but the growth rate has slowed significantly.At the same time,while the car companies are deeply cultivating traditional models,they are also increasing their research and development efforts on new energy and intelligent vehicles.Therefore,the market competition in China's auto industry will become more intense in the future.In the face of the complex and ever-changing economic environment and the increasingly fierce market competition,the CC automobile company in this paper must pay attention to the prevention of financial risks in order to enhance its market competitiveness and keep growing.This paper first describes the related concepts and theoretical basis of financial risks.Secondly,this paper classifies financial risks,which are divided into four types: financing risk,investment risk,working capital risk and income distribution risk.Combined with the actual situation of CC automobile company,Analysis of financial indicators and the financial report analysis method is used for the above four types of CC automobile companies.The type of financial risk is identified in detail and the reasons for its occurrence are analyzed.Then,this paper selects 12 financial indicators from four aspects: solvency,operational capability,profitability and development capability to construct the financial risk assessment system of CC automobile Company.The weight of financial risk assessment indicators is determined by entropy method.The power factor method was used to calculate the scores of 12 financial indicators,and the overall score of financial risk assessment System CC automobile company was obtained,thus judging the degree of financial risk of CC automobile company.As a result of the judgment,the financial risks of CC automobile Company have gradually increased from 2015 to 2017,rising from the light police to the Chinese police.In the end,this paper puts forward some countermeasures for CC automobile company's financing risk,investment risk,working capital risk and income distribution risk,and puts forward measures for overall financial risk prevention.The research in this paper is conducive to CC automobile company to build a more complete financial risk management system,thus creating a stable and safe production and operation environment.In addition,the financial risk prevention measures proposed by CC automobile Company can also play a reference role for other car companies.
Keywords/Search Tags:financial risk, efficacy coefficient method, entropy method
PDF Full Text Request
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