| The threat of global warming and energy crisis require China to develop new energy industry vigorously.The state subsidy policy for the development of new energy industry has greatly support,but new energy industry of our country starts relatively late,the core technology development is not mature enough,the project investment cycle is long and the return is uncertain,market promotion is difficult,some small and medium-sized enterprise financing pressure,etc.,these factors greatly increase the possibility of new energy enterprises financial risk.According to the characteristics of new energy enterprises,this paper constructed a financial risk prevention and control system suitable for new energy enterprises,including the revised Z-value early warning model,and decomposed the financial risks of the main and auxiliary indicators.Based on the decomposition results of the main indicators,the growth rate of total assets,the turnover of current assets and auxiliary indicators,Combined with the financing,investment and operation of financial risk three aspects of targeted prevention and control measures.The study found that BYD was limited by its growth capacity,poor performance of asset turnover and weak solvency,and its financial risks increased gradually in recent years.The financial risk prevention and control system constructed in this paper decomposed the financial risks into indicators.The companies should adopt a variety of financing methods,improve the efficiency of internal and external investment,and reduce the financing,investment and operation risks by strengthening the management of each link of the new energy enterprise business.The financial risk prevention and control system of new energy enterprises has good applicability for new energy enterprises.It is suggested that new energy enterprises refer to the financial risk prevention and control system in this paper to predict the financial risks that they may face,and take targeted prevention and control measures in advance by timely decomposition of risks. |