Risk Assessment Of Financial Model Based On Gome

In recent years,the financial model has developed rapidly in various industries in China,especially in the application of household appliance chain retail industry.This kind of financial model has low financing cost,and the advantage of large financing scale plays an important role in the operation and development of enterprises,but it also leads to the over-dependence of household appliance chain retail enterprises on this kind of financial model.The excessive consumption of commercial credit by enterprises increases their own credit risks and financial risks,and the encroachment on the interests of upstream suppliers also leads to constant conflicts between them and the increasingly tense cooperative relationship.These problems will affect the benefits of enterprises to varying degrees.Based on the high risks hidden in the financing advantages of the financial model,this paper takes the financial model of Gome Retail company as the research object,combining theory with practice,to deeply discuss the risks existing in the development of the financial model at this stage and how China’s home appliance retail enterprises should face the risks brought by the financial model.Gome Retail company,as one of the two giants in China’s household appliance chain retail industry,is highly representative of the use of such financial models.This paper summarizes the relevant research literature at home and abroad.On the basis of the research results of others,this paper USES the quasi-financial theory and financial risk assessment theory as the theoretical basis to analyze the quasi-financial cases of Gome.Starting from the basic financial status of Gome,analyzes its nearly five years of profit index,operation index,solvency indicators and capital structure,by using the Z score model of the financial risk of the Gome Retail overall measurements,and used the Gome Retail financial mode of financial characteristics,this thesis probes into the thus obtained the Gome Retail in solvency,capital chain unimpeded,commercial credit,etc are very large in the conclusion of risk.In view of the Gome Retail financial mode has exposed the risks and issues,from improving the structure of the existing debt,optimize capital chain operation,the enhancement enterprise commercial credit put forward the corresponding countermeasures,such as Angle for the same mode of enterprise provides referential experience and risk warning,promote the benign development of financial mode in our country enterprise.