Research On Financial Risk Assessment Of SHDL Company

In recent years,we can clearly perceive that the demand for power system reform has been increasing and the specific measures for power reform have gradually deepened.The reform of power system is going on like fire,which will bring severe challenges to the development of power enterprises.Challenges and opportunities coexist.In the new round of power development reform,we should prevent financial risks in advance,and maintain a sound financial foundation to provide continuous impetus for the development of enterprises.It is a test for every power company that participates in the market competition.In this paper,Shanghai Electric Power Co.,Ltd.,a century-old electric power enterprise,is selected as the research object.Based on the basic knowledge of the company,a large number of scholars at home and abroad have relevant documents on financial risk research,including the concept,characteristics,classification and influencing factors of the company’s financial risk.Then I combine the common methods of financial risk assessment,and use the general principles of financial risk assessment to quantitatively identify the current financial risk situation of the company.Finally,the analytic hierarchy process is used to construct the analytic hierarchy model,which combines qualitative and quantitative analysis to evaluate the potential financial risk of Shanghai Electric Power Co.,Ltd..Based on the results of financial risk analysis and evaluation,this paper puts forward four suggestions for improving financial risk management based on the development goal and enterprise vision of Shanghai Electric Power,for example,promoting financial information construction and deepening financial intensive application;Improve the internal control system of the company and strengthen the financial management and supervision of the company;Optimizing the capital structure and rationally financing;Establish a long-term improvement of the internal financial risk warning mechanism,hoping to ensure the company’s healthy development.Hope to provide the necessary means for the company to actively assess,prevent and control the financial risks of the company.It is of great significance to promote the long-term and stable development of the company,and it also hopes to provide reference for other power enterprises in the same industry.