Research On Financial Risk Evaluation And Control Of RH Electric Company

In recent years,because of the characteristics of overstock,excessive accounts receivable and fierce competition among enterprises,the financial risk of household appliance enterprises has been increasing constantly,which affects the stable operation and sustainable development of enterprises.How to reasonably establish and perfect the enterprise financial risk evaluation system becomes the key to reduce the enterprise financial risk.Based on the theory of financial risk management and the theory of financial risk evaluation,this paper applies the methods of data analysis,case analysis and mould and fire comprehensive evaluation on the basis of fully understanding the research status of financial risk by domestic and foreign experts Selecting 84 home appliance enterprises,firstly,the financial risk evaluation model of China's home appliance industry is constructed from two aspects: Internal Financial Index and External Macroeconomic Environment This paper analyzes the influence of national economy,industry development,debt paying ability,profit ability and operation ability on the industry financial risk,and then evaluates the whole financial risk of China's home appliance industry.Secondly,the financial index of RH household appliances from 2015 to 2017 is applied to the weight of industry risk evaluation model,and the overall financial risk level of RH household appliances is analyzed.Finally according to the related financial ratio analysis obtains the enterprise concrete financial risk.The conclusion drawn from the above analysis is as follows: The financial risks of RH electric appliance are mainly concentrated in the following aspects: Poor debt-paying ability,poor financing ability,poor liquidity of accounts receivable and inventory,imperfect asset management and investment management mechanism,poor cost management,etc..Then it puts forward some measures,such as grasping policy guidance and market forecast,optimizing capital structure and financing channel,perfecting investment risk management,strengthening cost management and accounts receivable management.Through the research of this paper,it is helpful to identify and analyze RH household appliances and take corresponding measures to reduce financial risk and improve its operation ability.At the same time,it is helpful for other enterprises in the same industry to provide financial risk assessment and control can be used for reference analysis models and methods.