A Research On The Liquidity Risk Management Of X Corporate Finance Company

In May 1987,China established the first enterprise group finance company,which is the product of China's rapid economic development and deepening financial system reform.After 30 years of development,almost all large enterprise groups have their own finance companies.The X Corporate Finance Company was established in December 2006.It has played a pivotal role in strengthening the centralized management of X Corporate's funds,expanding investment and financing channels,and increasing the utilization rate of funds.It has promoted the transformation and upgrading of X Group Corporation,improved quality and efficiency,and achieved high-quality development.Made outstanding contributions.While pursuing capital appreciation,enterprise group finance companies also need to ensure liquidity and security of capital.Liquidity risk refers to the risk that the financial company of the enterprise group can not obtain sufficient fuds in a timely manner at a reasonable cost to pay off its mature debts and meet its normal business needs.Once the enterprise group financial company has liquidity risk,it will threaten the entire group's capital chain supply and restrict the development of the entire group.Therefore,strengthening liquidity risk management is crucial to the development of enterprise group finance companies and even the whole group.Firstly,this article introduces and analyzes the characteristics,manifestations andmanagement theory of the liquidity risk of Corporate finance company,laying a solid theoretical foundation for the later research.Then,X Corporate financial company was selected as the object of empirical research,and the current status and existing problems of liquidity risk management of the company were analyzed in depth.Then the liquidity ratio method and entropy value method are used to comprehensively evaluate the liquidity risk level of X Corporate's financial company.Finally,based on the research and analysis of the measurement results,the paper puts forward some specific Suggestions and countermeasures for X Corporate financial company to strengthen liquidity risk management.The research and analysis of this paper shows that through the quantitative study and qualitative analysis of liquidity risk of XCorporate Finance Company,the liquidity risk level of X Corporate Finance Company has been clarified.Can cause X Corporate financial company leaders to pay attention to liquidity risk management work,to strengthen liquidity risk management has an important reference significance.