Study On The Financial Risk Evaluation Of ZY Enterprise Based On The Optimized Wall Scoring Method

With the rapid development of economic globalization,Chinese economic level has also made a qualitative leap.In the fierce market competition,the status of major enterprises has also been impacted.With the continuous change of market environment,the types of risks faced by enterprises have also increased significantly.Taking financial risk as an example,the emergence of financial risk will lead to major financial crisis of enterprises,which will impact on enterprises In view of this situation,the enterprise department should attach importance to it,strengthen the risk resistance,establish the risk evaluation system,help the enterprise seize the development opportunities in the fast changing market,face the challenges together,and ensure the enterprise to pass through the difficulties in this critical period.Compared with other industries,the construction industry is the pillar enterprise in the national economy of our country.The construction industry has obvious industry characteristics,such as large capital investment,long payback cycle and other industry characteristics,which easily lead to greater financial pressure of construction enterprises.At present,the construction market in our country tends to be saturated,and the competition is increasingly fierce.In order to seize the market,the major construction enterprises have used the form of advance funds to strive for Work is more likely to lead to the outbreak of financial risk in construction enterprises.Therefore,this paper studies the financial risk assessment of construction enterprises in order to provide more direction for the development of enterprises.ZY enterprise is a large state-owned enterprise engaged in the construction industry.With the increasing incentive of market competition,the incidence of financial risk has also increased significantly,posing a threat to the development of enterprises.Firstly,this paper studies the theory and evaluation method of financial risk management,and combines with various financial risk evaluation methods,optimizes the wall scoring method to a certain extent.Then taking ZY enterprise as a case study,on the basis of understanding the general situation of ZY enterprise development,this paper analyzes its financial indicators from the aspects of solvency,operation ability,profitability,development ability,etc.,in order to understand the real situation of ZY enterprise finance,and has built ZY enterprise financial risk evaluation system based on this,including solvency,operation ability,profitability There are four first-class indicators of strength and development ability,and they are subdivided into 12 second-classindicators: current ratio,quick ratio,cash ratio,current asset turnover rate,accounts receivable turnover rate,inventory turnover rate,total asset return rate,net asset return rate,price earnings ratio,total asset growth rate,operating profit growth rate and capital maintenance and appreciation rate.The financial risk comparison matrix is constructed by questionnaire survey,and the consistency test is carried out to clarify the weight of the financial risk evaluation index of ZY enterprise.The optimized wall scoring method is used to evaluate the financial risk of ZY enterprise from 2016 to 2018.The evaluation results show that the financial risk of ZY enterprise is increasing year by year from 2016 to 2018.In 2018,there has been a slight financial risk,and the original financial risk of ZY enterprise is increased year by year Because of the large quantity and scale of the project undertaken by ZY enterprise,the long construction period,the large investment in capital,the limited liquidity of capital in the construction process,the slow turnover of inventory,the overstock of accounts receivable and other factors,the corresponding financial wind is proposed from the aspects of strengthening accounts receivable management,strengthening technological innovation,strengthening cost management and optimizing financial management Risk control strategy,to help ZY enterprises better avoid financial risks,in the fierce market competition to maintain their position in an invincible position.