SX Company Financial Diagnostic Analysis And Management Research

Electricity is a basic industry related to national economy and people’s livelihood.Electricity supply and safety are related to the national security strategy and the overall situation of economic and social development.The domestic new energy power generation industry will usher in new growth during the "Thirteenth Five-Year Plan" period,and large-scale development opportunities.Opportunities are challenges.At present,new energy power generation companies are still experiencing serious wind and light abandonment in a few areas,and market-based electricity price transactions and other measures have caused power enterprise revenues and profits to decline.In addition,new energy power generation companies account for a relatively large amount of subsidized electricity prices,relying heavily on financial subsidies,and there has been a large gap in state financial subsidies.Therefore,new energy power companies will face the severe situation of adjustment of fiscal policy and decline in revenue and profits.In the case of continuous high-speed growth of installed capacity,in order to make enterprises continue to develop better,the financial diagnosis of new energy power companies has become inevitable.This article studies the financial diagnosis and management recommendations of new energy power generation companies,selects SX companies as case companies,analyzes the current financial management status of SX companies,combines related financial diagnosis theories,and conducts vertical and horizontal analysis of SX companies’ financial indicators.The current problems of financial diagnosis of SX company are that the current SX company has relatively good profitability and development ability,short-term debt solvency is better than the same industry level,and business layout and strategic development are compatible with each other.In addition,the horizontal comparison with the industry shows that: At present,SX Company’s long-term debt repayment ability is poor,and its operating cost control ability is insufficient.On this basis,combined with financial diagnosis and other related theories,combined with theory and practice,it puts forward suggestions for improvement,which mainly involves three levels of improvement suggestions:operational capacity improvement,debt solvency improvement and operating cost control.Provide ideas for the optimization of financial diagnosis of SX company,andprovide reference and reference for the optimization and improvement of financial management of traditional entity enterprises in China.