Financial Risk Research Under The Light Assets Business Model Of HLA

The competitiveness of china's enterprises has become more and more fierce as the integration of the world economy market.How to have stronger profitability,faster development and more competitive growth momentum is an important issue that china's enterprises need to solve urgently.In recent years,the light asset business model has gradually attracted the attention of all walks of life as a kind of value that can create more value for enterprises.Some enterprises have applied them to daily business operations,management and decision-making,and brought them rapidly.development of.The first appearance of the light asset business model was in the United States in the 1970 s,which created a miracle of corporate value growth in practical applications.In the beginning,the light asset business model was often used in knowledge-intensive industries,and today,the business model is gradually being used in more and more other types of industries.Undoubtedly,the light asset business model does match the various characteristics of the contemporary business operation model.Enterprises in this model invest limited resources in light assets with a higher input-output ratio such as brand,patent technology,and sales channels.In this way,at the enterprise level,it is possible to control the most core part of the industrial chain,and to make the social division of labor more refined in the direction of industrial development.This is an inevitable outcome of the era of rapid development of the knowledge economy.This paper uses the combination of literature research and case analysis to conduct research,and analyzes the financial risk performance and causes of HLA light asset business model by combining the existing theoretical results.Combined with the composition of the light assets of HLA and the financial risk control mechanism that has been implemented,the paper concludes with a summary of the recommendations for improving the financial risk control under the light asset business model of HLA.Firstly,this paper analyzes the research background,and summarizes and summarizes the literature review of domestic and foreign scholars' research on light asset business model,and expounds the domestic and international financial assets under light asset business model and light asset business model and related financial fields under this model.The current research status clarifies that the research on risk management and risk control of business operations under the light asset business model is not deep enough.Then,the second part of this paper defines the related concepts of light asset business model and financial risk and its control.On this basis,the paper summarizes the theoretical overview of corporate financial risk performance under the light asset business model of financing,investment and operation,and explains capital structure theory,portfolio theory and comprehensive risk management theory.The related concepts of business model and financial risk and its control,the performance of corporate financial risk under light asset business model,and the theoretical explanation of financial risk provide a theoretical basis for the subsequent discussion on the performance,causes and control suggestions of corporate financial risks.Next,the third part of this paper selects HLA,which adopts the light asset business model,as a case enterprise,and elaborates on the overview of HLA,the composition of HLA light assets,and the use of HLA to deal with financial risks.Ways to provide the required case business situation for follow-up research.Thirdly,the fourth part of this paper analyzes the financial risk performance of the case enterprise based on the theoretical summary of the financial risk performance of the three-level light asset business model in the three aspects of financing,investment and operation summarized in the second part,according to the financial risk performance of the case enterprise.The causes of financial risks under the light asset business model of HLA are discussed in detail.Finally,according to the financial risk factors analyzed in the fourth part,the paper proposes to improve the financial risk under the light asset business model of HLA for three aspects: financing risk,investment risk and operational risk.The purpose of this paper is to expose potential financial risks in corporate financial statements using a light asset business model and to help business managers make more informed judgments.And put forward corresponding risk control improvement suggestions for the identified risks,which not only helps the HLA to develop itself,but also provides some experience for other companies in the industry that adopt the light asset business model.