Management Research On The Financial Risk Of CA Company

In the past 40 years,as an important pillar industry in our country's economic development,China's automobile industry has achieved considerable development.China has also become the world's largest automaker and consumer market.With the continuous deepening of China's economic reforms,economic development has gradually transformed from a high-speed development economy to a high-quality development economy.During this stage,China's economy has shown new characteristics of "stable change with worry".At the same time,it will also face the impact of complex and severe external factors.Affected by national policy factors and macroeconomics,China's auto market has ended the continuous growth in the past 28 years.In 2018,China's auto sales also fell for the first time.The annual total vehicle sales was 28,081,000,which decreased by 1.8% from the previous year.At the same time,due to the further development of new energy and intelligent technologies,the entire automotive industry will also reach a major change.Due to the downside impact of global economy in recent years,the market is facing pressure from the government,the market,society,technology and other aspects.The automotive industry has been under the threat from material supply from suppliers,weak customer market,competitors and new auto companies.With the increasing scale of the enterprise,the whole automobile industry is facing the problem of increasing the debt,and increasing the corresponding financial risk.In order to improve the profitability of the enterprise itself,automobile manufacturing enterprise must reduce the financial risks to a reasonable range that can be controlled by itself,and only in this way can the enterprise be under healthy and sustainable development.From this view,the study of financial risks of automotive enterprises is particularly important.The financial risk research in this paper is mainly based on the automobile industry,and through the financial risk management process system to analyze the financial risks with highyield and high-risk characteristics.This paper identify,evaluate and control the financial risks of CA company from the financing activities,investment activities and management activities.The Z-score model is used to judge the company's financial risk in order to reflect the company's financial status more objectively.Through the research on CA company's financial risk,I hope to help CA improve the financial risk status,improve the company's operating mechanism,improve the company's efficiency,identify the financial risks faced by CA,grasp the real financial status of CA.Meanwhile,this paper looks for the reasons of the formatting of financial risks faced by CA,and takes effective measures to control it,thus improve the company's financial management system.