Enterprise M&A Financial Risk Analysis And Control

With the technology development of cloud computing,big data and Internet increasingly,it has greatly expanded development space of domestic information and has made the service mode of information innovate constantly.The demand for IT services is increasing and more stringent requirements are for service providers.In order to gain a higher position in the competition of IT market in the future and enhance the market share for adequate preparation,Shenzhou Information Corporation consolidate the existing business and invest more in the data application business.The corporation hope to win at the starting line in large data technology fields of finance,agriculture and wisdom city.And the mergers and acquisitions is the best way.However,in the process of mergers and acquisitions,all kinds of risks are difficult to avoid,and the most serious one is financial risk.If both sides of the mergers and acquisition have a comprehensive understanding of this risk and can build and carry out the corresponding risk control mechanism,it is very helpful to improve the success rate of mergers and acquisition.Based on this,the author takes the financial risk of mergers and acquisitions as the object,and carries out research deeply.This study is made up of five parts:The first part is introduction,which summarizes the research background and research significance,research contents and research methods.And also the author mentions current situation on the financial risk of mergers and acquisitions at home and abroad.The second part is the conception elaboration,it introduces the related conceptions on this research.In the third part,the author gives a brief introduction about acquisition case of Shenzhou Information Corporation to Huasu Technology Corporation,which includes the background,purpose and process of merger and acquisition.The fourth part deals with an case study based on the theory of the risk of value evaluation of acquisition,financial risk,payment risk,identification and cause of financial integration risk identification.The author began with the three periods of this acquisition and explored the the risk of value evaluation,financial risk,payment risk and integration risk in the three periods.He then analyzed effective prevention and control measures according to the characteristics of these risks and the practical situation.The fifth part is the analysis of the financial performance of shenzhou information acquisition from the five aspects:short-term solvency,long-term solvency,operation ability,profitability and growth ability.In part six,they are the conclusion and suggestions of this case.