Financial Risk Analysis And Prevention Research Of Meiling Electric Appliance Co.Ltd

With the rapid development of economy and science and technology,China's economic field has entered a new era,and the demand for household appliances products has also gradually increased as people's living standards are expanding.In addition,with the advent of the era of artificial intelligence,Internet enterprises have been pouring into the field of smart home across borders,which has intensified the competition in the industry.Subversive changes are likely to occur at any time.Traditional household appliances enterprises are facing severe challenges.At the same time,due to the limitation of the enterprise's own ability,the weak ability to resist risks has also caused the financial risk of household appliances industry enterprises.Financial risk exists in the operation and development activities of enterprises,and it is impossible for any enterprise to avoid it completely.The new game rules bring a strong sense of crisis and urgency to enterprises.Facing the increasingly fierce competition of household appliances market and the severe external environment,it is very important for listed household appliances companies to do the necessary financial risk prevention work,establish and improve the financial risk prevention mechanism to deal with financial risks.This paper takes Meiling Electrical Appliances Co.,Ltd.(hereinafter referred to as "Meiling Electrical Appliances")as the main aspect of the research.Firstly,it introduces the background and significance of Mitsubishi Electric Appliances industry,and the degree of financial risk research by experts and scholars at home and abroad.According to the annual financial information disclosed by Mitsubishi Electric Appliances over the years,it identifies the financial risk from financing activities,investment activities,operation activities and cash flow.Secondly,this paper combines the specific risk assessment model to get the impact of financial risk on enterprises,so as to better help Mitsubishi Electric Needle to control the existing financial risk.Based on the analysis of the internal situation of the enterprise,it can be concluded that there are certain financial risks in Meiling Electrical Appliances,which are manifested in the unstable growth rate of accounts receivable,imperfect inventory management,low net sales interest rate,low cost-profit margin,large financing scale and single product structure development.Finally,according to the relevant issues from the capitalstructure,accounts receivable and inventory management and product innovation,put forward more targeted financial risk aversion measures,in order to minimize the loss of enterprises,protect the operating results of enterprises,and safeguard the economic interests of owners and creditors.It is hoped that this study will be helpful to the financial risk prevention and sustainable development of Meiling Electric Appliances.