A Coal Company Financing Risk Analysis And Research On Management And Control Strategies

In recent years,with the development of science and technology,China's economic development has shifted from high-speed growth to high-quality development.Great changes have taken place in the economic structure and entered a "new normal".As an important energy industry in China's economic development,the coal industry has ended its golden period and entered a downturn.Under the background of supply side reform,the coal industry should seize the opportunity to integrate resources and carry out corresponding transformation and upgrading.In this process,there must be financial support.Therefore,financing has become an important factor for the success of transformation and healthy and stable development of coal enterprises.Due to the complexity of the external living environment of coal enterprises and the particularity of the industry itself,there are great financing risks in the financing process of coal enterprises.Therefore,we should strengthen the risk management in the financing process of coal enterprises.In this paper,a coal company as a case company,based on priority financing theory,information asymmetry theory and financing risk control methods,a coal company financing risk analysis and control measures are analyzed.The main contents of this paper include: firstly,this paper introduces the operation and development status of a coal company,and analyzes the financing status of a coal company from three aspects: the loan status of financial institutions,bond financing and other non-financial institutions.Secondly,based on the analysis of the overall capacity and coal consumption of China's coal industry,national policy guidance,coal price trend,the overall development trend of enterprises in the industry,the development characteristics of China's coal industry,and the internal environment of a coal company,this paper analyzes the main risks existing in the financing process of a coal company,and finds that a coal company has the advantages of low cost and low cost The company's financing risks mainly include operational risk,financial risk,market risk and environmental policy risk.Finally,based on the principles and objectives of a coal company's financing risk management and control,this paper puts forward specific measures of a coal company's financing risk management and control:comprehensively optimize the financing structure;strengthen the company's operation ability by improving the turnover of current assets;design scientific financing period based on a company's strategy;build a coal company's financing risk early warning system,etc.At the same time,in order to ensure the effective implementation of the company's financing risk control scheme,this paper puts forward specific safeguard measures from two aspects: optimizing the human resource system based on the company's financing strategy and strengthening the company's digital financial management.