Research On Financial Risk Evaluation And Control Of Three Trees Paint Based On Efficacy Coefficient Method

In 2020,the state successively issued various real estate regulation and control policies,with funds moving from loose to neutral,credit tightening and the "three red lines" policy of the real estate industry,which is expected to aggravate the capital pressure of the real estate industry,slow down the growth of the real estate industry,and transmit it to the upstream coating enterprises,resulting in the weak operation of the coating industry;In the second half of the year,China’s coating industry benefited from the good control of the domestic epidemic and effective macro-control policies.The market demand gradually recovered and the industry recovered.The state adheres to the general tone of seeking progress while maintaining stability,constructs a new development pattern,promotes highquality development,and effectively responds to the profound and complex changes in the external environment.The financial risk of an enterprise is caused by various unpredictable or uncontrollable factors in business activities.In order to promote the transformation and development of the coating industry,it is necessary to evaluate its financial risk,and formulate corresponding financial risk prevention countermeasures according to the evaluation results.Firstly,this paper combs the relevant literature and theories of financial risk,and defines the concept of financial risk evaluation and control.Then it analyzes the basic financial situation of sankeshu coating,and finds that sankeshu coating has high debt scale,reduced solvency,but stable profitability.Since then,based on the activities of financing,investment,operation and income distribution,the entropy method and efficiency coefficient method are used to identify the financial risk of sankeshu coating.The results show that the financial risk of sankeshu company has gradually increased in recent five years,and has developed from low risk to medium risk in the classification of financial risk,so it is urgent to curb the increase of financial risk.It is mainly caused by the increase of asset liability ratio and the slow turnover of accounts receivable.Finally,according to the results of financial risk evaluation,combined with the specific operating conditions of the company,this paper puts forward targeted financial risk control strategies from the four aspects of financing,investment,operation and income distribution,and establishes effective financial risk control guarantee measures.Through the research on the financial risk evaluation and control of sankeshu company,this paper hopes to help sankeshu company improve the level of financial risk management,reduce the possibility of financial risk,and promote the sustainable and stable development of sankeshu company in the future.It is hoped that by solving the business risks of sankeshu coating Co.,Ltd.,the company can obtain long-term benefits and achieve considerable development,so as to provide useful ideas for the financial risk control of China’s coating industry.