Financial Risk Analysis And Control Of New Energy Automobile Enterprises Company B

The development of new energy vehicles is not only in line with my country's strategic measures to deal with climate change and promote green development,but also the only way for my country to move from a big automobile country to a strong automobile country.Since its development,my country's new energy vehicle industry has achieved remarkable achievements.But in recent years,the new energy vehicle industry has been slightly sluggish.In 2019,China's new energy vehicles have interrupted the record of continuous growth,with annual sales of 1.206 million units,a 4% decrease from the previous year.Under this background,this article wants to study the related issues of financial risks in the new energy vehicle industry based on the traditional automobile industry.The significance is to put forward suggestions to effectively reduce financial risks and escort the healthy and stable development of my country's new energy vehicle industry.First of all,this article introduces the classic literature and research methods at home and abroad in terms of financial risk,and adopts a case analysis method to select the leading company B in the new energy vehicle industry as the case study object.At the same time,it enumerates the relevant concepts,theoretical basis and quantitative qualitative analysis methods of financial risk to provide a theoretical basis for the analysis below.Secondly,this article introduces the overall development status and industry characteristics of the new energy vehicle industry,and elaborate on the basic situation of the case company-Company B.It lists the main financial data of Company B for the six years from 2013 to 2018.The analysis provides data support.Next,this paper uses a quantitative and qualitative analysis method to analyze the financial indicators andnon-financial indicators of Company B,and uses the Z scoring model to evaluate the financial risks of Company B.There are financial risks in operations and other aspects,and the causes of the risks are analyzed.Company B has taken certain measures to respond to financial risks and achieved results,but these measures are still insufficient.On the basis of the above analysis,this article further puts forward suggestions for improving financial risk control capabilities,mainly for company B to propose some specific measures that can improve financial risk control capabilities.Finally,this paper draws the conclusion of the study: Company B is affected by both internal and external factors,and there are certain financial risks in terms of profitability,solvency,and operating capabilities.However,through internal and external safeguard measures and various With the ability to solve and improve the target in a targeted manner,companies in the new energy vehicle industry can control financial risks and improve the company's operating level.This article also puts forward the matters needing attention in the follow-up research and the places that need in-depth research.The innovation of this article is to select the new energy vehicle industry that has been studied less and has been hot in recent years,and to provide quantitative and qualitative analysis methods to provide practical and feasible opinions and suggestions for the financial risk management of the new energy vehicle industry.