Research On Financial Risk Evaluation And Control Of JKQ Food Company

In recent years,affected by the external environment and internal structure,China's market economy continues to slow down,and the economic vitality of enterprises is decreasing.This change forces us to speed up the continuous and in-depth study of financial risk assessment and prevention.As the core content of financial management strategy,financial risk are all over the operation of enterprises.If we don't make a thorough identification and analysis of the financial risk of the enterprise,without reasonable financial risk assessment,to take scientific and effective control recommendations,it may deepen the financial crisis of the enterprise and make it difficult to maintain normal business activities.So according to the actual financial situation of enterprises,Enterprises need to deeply explore the reasons for the formation of financial risks.and build a scientific and appropriate risk evaluation system to achieve the goal of controlling financial risks.JKQ food company is selected as the research object to identify and evaluate the financial risks of the company and put forward control measures.Using the literature research method to expound the concept,characteristics,classification and related theories of financial risk,and to arrange the methods and means of financial risk evaluation and financial risk control in detail on the basis of consulted a lot of foreign literature.In line with the actual situation of JKQ food company and and financial statement to analyze its financial status,compare the company's financial indicators to the average value of industry indicators,accurately identify and analyze the existing financial risks of the company.Secondly,in the financial risk assessment of JKQ food company,we select different dimensions of financial and non-financial indicators to build a comprehensive financial risk assessment system,fully combining the characteristics of the food industry and JKQ food company's own characteristics.Through the use of analytic hierarchy process to determine the weight of each level and each index,then use the efficiency coefficient method to get the evaluation value of financial index,and use the fuzzy comprehensive evaluation method to get the evaluation value of non-financial index,finally according to the weight obtained by analytic hierarchy process,get the comprehensive score of financial risk of JKQ food company,the score shows that the financial risk of the company is in the degree of great alarm.The main reasons for the serious financial risks of JKQ food company are improper financing mode,high debt level,poor operation ability and lack of mature risk control mechanism.Aiming at the identified financial risk of JKQ food company,this paper gives the specific measures to control the risk from many angles.The research results will help JKQ food company to have a more comprehensive understanding and actively take measures to deal with its own financial risks,and also provide some reference for other enterprises in the food processing industry.