Research On The Improvement Of MJ Company's Financial Risk Tolerance Evaluation

With the emergence of new crown disease,many enterprises in China have a poor performance,the funds can not be recovered in time.Under the impact of financial risks such as lack of funds and operating difficulties,many small and medium-sized enterprises(smes)have gone bankrupt because of their weak ability to resist such risks.From this point of view,enterprises in the impact of financial risk in an invincible position,we must strengthen the financial risk resistance.In this paper,the actual situation of MJ company,based on the evaluation of indicators,evaluation methods and evaluation process to assess the current level of financial risk tolerance.From the current situation of the company's tolerance level to find the defects and deficiencies,mainly include the following aspects:lack of comprehensive evaluation indicators,no accurate evaluation methods,evaluation process is not standard.Based on these deficiencies,this paper designs an improvement scheme.On the improvement of evaluation indexes,according to the factors and characteristics that affect the financial risk tolerance ability of MJ company,it mainly analyzes from four aspects:Company characteristics,financial status,corporate governance and risk experience,after quantifying,20 evaluation indexes are selected,financial status,corporate governance and risk experience.In the improvement of evaluation methods,the advantages and limitations of several commonly used evaluation methods are compared,and finally the data envelopment analysis method is chosen.In order to optimize the enterprise evaluation process,the author added the preliminary evaluation preparation work and follow-up follow-up feedback work in the whole link.Then the improvement scheme is applied to evaluate the financial risk tolerance of MJ Company.In the early stage of evaluation,in order to improve the accuracy of evaluation results,this paper uses SPSS software to conduct correlation analysis on evaluation indexes,and selects input indexes and output indexes that do not have obvious correlation for DEA data analysis.During the evaluation process,the data of MJ company from 2016 to 2020 were normalized,and then the CCR model was selected by software DEAP2.1 tocalculate the data,finally,according to the actual situation of MJ company,the calculation results are analyzed to verify the accuracy and applicability of the improved scheme.