Research On Financial Risk Dynamics Management Of XG State Grid Power Supply Company

As an important pillar industry in China,the power supply industry provides important energy guarantees for enterprise production and residential life.Along with China’s supply-side structural reform and economic system transformation and development,the power supply industry has also undergone market-oriented adjustments to meet the needs of social development.At the provincial and ministerial symposium held in January 2019,General Secretary Xi Jinping proposed the theme of “Maintaining the bottom line,enhancing awareness of concerns,improving prevention and control capabilities,and focusing on preventing and resolving major risks to maintain economic sustainability.” Healthy development and social stability.The market-oriented adjustment not only brings a new round of development opportunities to the power supply enterprises,but also increases the financial risks of the enterprises.However,due to the constraints of the power supply companies themselves,their financial ability to resist risks is relatively weak,their financial risk management system is not complete,they cannot accurately predict financial risks,and they have not established a dynamic financial risk prevention system in advance.Therefore,in the new historical context,how to improve the financial risk management level of power supply companies has become a new challenge for the development of the power supply industry.This paper combines the theory of corporate financial risk management and draws on relevant research results at home and abroad to analyze the financial data of XG State Grid Power Supply Company for nearly five years to design a dynamic financial risk management system.Divides financial risk into four dimensions: profit risk,debt service risk,asset operation risk,and development capability risk.By establishing a financial risk early warning index system and applying a system dynamics early warning simulation model,the path that affects the financial risk of XG State Grid Power Supply Company Positioning and adjusting financial risk management strategies in a targeted manner,establishing a pre-emptive prevention system for financial risks,reducing the impact of financial risks on enterprises,and improving their ability to resist financial risks.In addition,it also provides methodological references and ideas for other power supply companies to improve their financial risk management level.