Research On Financial Risk Evaluation Of New Wufeng Co.,Ltd

As a key link in the process of agricultural modernization in my country,agricultural enterprises have played a leading role in the agricultural development process for decades.However,some agricultural enterprises lack a strong sense of financial risk and lack a correct understanding of the characteristics of financial risks.Failure to build a complete and complete financial risk control system will affect the normal business activities of the enterprise,and even when the financial risk threat is serious,the enterprise may go bankrupt and liquidate.In the pig industry where New Five Fung Co.,Ltd.is located,expansion and increased competition have brought a series of potential risks to the company’s operations,and the financial risks and operational crises faced by the company have increased.If the prevention and control of financial risks are not strengthened,once the market is down,the company may face a serious financial crisis.Therefore,how to make the financial and operating conditions of Xinwufeng Co.,Ltd.tend to be on the track of healthy development,and the company’s financial risks Evaluation research is very necessary,which can provide reference meaning and reference for other enterprises in the industry,and further promote the sustainable development of agriculture in my country.On the basis of reading and sorting out relevant domestic and foreign literature,this article summarizes the research of experts and scholars on financial risk related theories,combined with the analysis of the positioning and current situation of Xinwufeng Wufeng Co.,Ltd.,from financing,investment,income distribution,capital Recovering four levels,selecting 14 corresponding financial indicators to construct a financial risk evaluation system,innovatively using a combination of financial statement analysis and F-score model analysis to evaluate the financial risks of Xinwufeng Co.,Ltd.The results show that the company’s F value of New Five Fung Co.,Ltd.in 2014 was less than the critical value of 0.0274 and was negative,which means that the company had financial risks in that year and the financial situation was not optimistic;the company’s F value was greater than 0.0274 in 2015-2018.It shows that the company does not have overall financial risks,but the profitability of the cash flow generated by the company’s operating activities is low,the profitability of internal operating assets is low,the risk of fund recovery is large,the inventory turnover ability is not high,and there is potential financial risk.In addition,based on the comprehensive evaluation results of this article,it is believed that Xinwufeng Co.,Ltd.should strengthen the existing internal control system,and build a top-down comprehensive,efficient and feasible financial risk management system,and separate financing,investment,and income distribution 4.The four aspects of fund recovery put forward specific preventive measures to reduce financial risks and promote the company’s sustained,healthy and stable development.