Research On Cash Flow Risk Management Of China Railway Construction

In recent years,in order to cope with the complex international situation,China has vigorously promoted the reform and construction of the global governance system,led the healthy,fair and orderly development of global governance with a high level of opening to the outside world,and continuously improved its voice and influence in international affairs.In particular,with one implementation of the "one belt,one road" initiative,the advantages of infrastructure construction are obvious.Effective market and joint efforts of the government as a government have created a good opportunity for achieving a more robust,healthier and more sustainable development,and the economic results have been significantly improved.As the foundation and pillar industry of the national economy,the construction industry needs to optimize the industrial layout and realize diversified and coordinated development,which is of great significance for building a transportation and manufacturing power.Due to the characteristics of large capital demand,long project construction cycle and slow return of accounts receivable in the construction industry,it is likely to cause cash flow risk.However,as the most basic resource for the normal operation of enterprises,the management level of cash flow directly affects the operation and development of enterprises.Therefore,in order to ensure the smooth operation of construction enterprises,we must pay attention to the management of cash flow.This paper selects China railway construction,a representative enterprise in the construction industry,as the research object,combined with a large number of documents at home and abroad,and according to the concept and theory of cash flow risk management,starting from the cash flow,cash flow,cash flow and cash flow of China railway construction,analyzes the cash flow risk in its financing activities,operating activities and investment activities from 2016 to 2020,and summarizes the internal and external influencing factors.On this basis,entropy method and linear weight method are used to evaluate the cash flow risk of China railway construction,and the problems faced in its development process are deeply judged.Finally,according to the comprehensive score,this thesis puts forward targeted cash flow risk prevention measures,in order to provide valuable content for other construction enterprises.