Research On Financial Risk Control Of HC Automobile Company

The one belt,one road development has taken a new step along with the nineteen party convening.The automobile industry has expanded the import market and entered a new stage of development.However,due to China’s current macroeconomic slowdown,domestic economic transformation,continuous economic and trade frictions,the global economic slowdown,automobile manufacturing enterprises are also affected,facing great pressure,the automobile market gradually from the high-speed development stage to the mature stage,the total profit of automobile manufacturing enterprises is declining,and the automobile consumption market is in the doldrums In the big environment,the survival of the fittest is the main melody of the industry market.Automobile manufacturing enterprises strive to expand their own consumption market.At the same time,financial activities are more and more complex.As a pillar industry,automobile manufacturing enterprises should strengthen the work of financial risk control,enhance the competitiveness of enterprises,and make enterprises develop steadily in the future.HC automobile company is a representative automobile manufacturing enterprise in Shenyang.Taking HC automobile company as an example,this paper studies the financial risk control of HC automobile company by means of comparative analysis,qualitative and quantitative analysis,and financial risk control theory.First of all,through the understanding of HC automobile company’s risk control environment,capital activity control and business activity control,we found the problems in its financial risk control.Secondly,through the analysis of its 2015-2019 financial statement data,it is found that the company’s business situation is not optimistic,and there is a tendency to rely on government subsidies.Therefore,from the perspective of capital movement,namely,financing,investment,operation,income distribution,risk identification is carried out,and the causes of financial risks faced by HC automobile company are analyzed from both internal and external aspects.Z-score Model and F-score model are used Evaluate the financial risk and judge the impact of financial risk on HC automobile company.Finally,according to the previous series of research,this paper puts forward effective measures to control financial risk for HC automobile company,reduces the impact of financial risk on the enterprise,improves the production and operation level,and prevents the deterioration of bad situation to bring losses to the enterprise.