Geely Automobile Financial Risk Management Research

Manufacturing industry is the pillar industry of the national economy and the basis for enhancing comprehensive strength.China has put forward the industrial development strategy of "made in China 2025" and is committed to the transformation from a large manufacturing country to a powerful manufacturing country.The country aims to adapt to the new form of reform and opening up of the automobile industry.The notice on several measures to stabilize and expand automobile consumption issued on April 21,promote the upgrading of industrial structure and enhance the high-quality development of automobile industry.If automobile manufacturing enterprises want to make great progress,they need to invest a lot of human,material and financial resources in the development process,as well as the changing international situation,market competition and the country's high attention to environmental protection and industrial structure.The business risks and financial risks of automobile enterprises are constantly emerging.its financial risks are becoming more and more frequent.Firstly,this paper selects Geely Automobile Company as the research object of financial risk analysis,analyzes the overall operation and financial situation of Geely Automobile Company,then calculates and analyzes the financial indicators of Geely Automobile Company's annual statements,compares the data at different times,and makes a comparative study in combination with the average data of other companies and industries,The financial risks and causes of Geely Automobile Company's financing,investment,operation and income distribution are summarized and identified.On this basis,this paper puts forward the specific countermeasures for the financial risk control of Geely Automobile Company,in order to be beneficial for Geely Automobile Company to move forward steadily in the fierce market competition.