Research On The Financial Risk Evaluation Of Harbin Pharmaceutical Co., Ltd. Under The Entropy Weight Method

Because of liabilities,enterprises bring financial equity uncertainty to enterprise stakeholders,which leads to financial risk.In a broad sense,the enterprise is affected by internal and external factors in the course of operation,which often leads to its failure to achieve the expected purpose during the period of carrying out financial activities,which is the performance of enterprise financial risk.The management of enterprise financial risk is an important part of enterprise financial management,which is related to the survival and long-term development of the enterprise,and the basis of financial risk management is financial risk evaluation,so we should correctly select appropriate indicators and evaluation methods to evaluate the financial risk of the enterprise,find out its existing problems and then put forward corresponding suggestions to the financial risk Enterprises have strong practical significance.The financial risk evaluation of Harbin Pharmaceutical shares shows that: overall,Harbin Pharmaceutical shares in 2019 financial risk is the highest;profit risk and debt service risk in recent years after a continuous decline in sharp rebound;operating risk continues to rise;development risk is relatively small.Finally,on the basis of the analysis of the causes of financial risk,this paper puts forward some policy suggestions,such as improving operating income and strengthening asset management level;innovating borrowing methods;controlling dividend distribution;controlling accounts receivable risk and inventory risk;controlling cost increases reasonabky.