Study On Financial Risk Of ZY Shipping Company Based On Efficacy Coefficient Method

As the global economy fast development,the water transportation industry is one of the important channel for international trade in goods transportation Our country and the enterprise and even national trade with 90% of the goods by ship,one of the basic and service industry as the world economy of water transportation industry,pull close the distance trade between countries,has become the indispensable important component in the economic structure Water transport industry has to belong to own industry characteristics,the diverse and confused because of business each company on financial risk also presents a variety of complex In this environment,to understand the advanced foreign financial risk theories and ideas and explore the excellent case experience of foreign companies,comprehensively improve the understanding and cognition ability of each water transportation enterprise to financial risk,improve the manager’s overall control and judgment of production and operationTaking ZY shipping company as the research object,through the analysis of ZY shipping companies in 2015-2019 financial statements and other information,using literature study,comparative analysis and ratio analysis method,the ZY,analyzing the present situation and problems of the financial risk of the shipping company now will be based on the theory of financial risk,the company faces financial risk mainly from the financing risk,Investment risk and operation risk three aspects of financial risk introduction.The efficiency coefficient method is used to analyze the financial risks of ZY Shipping Company from four aspects,which are as follows: Debt paying ability,profit ability,operating ability and development ability,and using the collected in the same industry similar scale of the company’s financial data,and ZY shipping companies,this paper compares and analyzes the results of the study showed that ZY shipping companies both in comprehensive analysis and comparative analysis,there are certain financial risk,combined with the actual situation of ZY shipping companies,Analyze the causes of financial risks,and put forward relevant countermeasures,including diversification of financing channels,control of fuel costs to improve enterprise efficiency,strengthen the risk prevention of interest rate and exchange rate,and enhance the awareness of financial risk prevention and control.This will help strengthen the company’s attention to financial risks,improve the company’s ability to deal with risks,reduce the negative impact of financial risks as much as possible,and promote the long-term development of ZY Shipping Company.