Research On Financial Risk Analysis And Prevention Of G Company

As the pillar industry of China’s national economy,automobile industry is regarded as the symbol of China’s manufacturing level and even the symbol of the country’s comprehensive national strength.The industrial chain of this industry is huge,with steel and machinery in the upstream and oil and service industry in the downstream.It can not only provide a large number of jobs and relieve the employment pressure,but also promote the research and development of engines and materials in China,improve the ability of scientific and technological innovation,and increase the tax revenue of the country to a large extent.With the improvement of living standards,cars have become necessities of people’s life,the car industry development prospects,but due to the increase in demand for cars make more and more enterprises begin to among the automobile industry,the increasing of the car companies to become fierce industry competition,profit space of the auto industry is further compressed;At the same time,the relevant policies issued by the state,such as double credit policy and subsidy policy of the automobile industry,also aggravate the survival pressure of automobile enterprises.In addition,more and more local governments have introduced a variety of policies to control the total number of automobiles in order to ease the traffic pressure of local cities,which has a negative impact on the local automobile sales.In this context,many automobile enterprises are on the verge of bankruptcy or capital chain break,and mergers and acquisitions among enterprises frequently occur.Therefore,under the huge pressure of survival,automobile enterprises should not only pay attention to technological innovation,but also pay attention to financial risk management,so as to ensure a virtuous circle of funds and provide guarantee for the normal operation of enterprises.G company is one of the typical representatives of the automobile industry.Company as the research object,this article will G on G company’s basic information and financial situation,on the basis of combination of G company belongs to the industry characteristics of the industry,from the financing risk,investment risk,operation risk and risk of the four aspects,which can identify the company’s financial risk and the risk factors influencing the in-depth analysis;Then according to the G company risk factors and the actual situation from funding risk,investment risk,operation risk and growth risk the financial risk of the four dimensions to select representative evaluation index,build the company’s financial risk evaluation index system,and select from the first quarter of 2009 to 2019 G company announced third quarter quarterly 39 group risk evaluation index data,based on factor analysis G company’s financial risk factor analysis model is established to evaluate the financial risk of the G company.Finally,the financial risk assessment results are analyzed and reasonable preventive measures are proposed.The research in this paper can provide references for the financial risk management of G company and help to improve the financial risk management level of G company.