With the further implementation of "double carbon target" policy,the original production and operation mode of Chinese coal enterprises has been greatly impacted.The financial risk is gradually prominent along with the influence of "double carbon" policy,which seriously affects the sustainable development planning of coal enterprises in terms of financial health.Therefore,it is necessary to study the financial risk of coal enterprises from the perspective of "double carbon" policy.In this paper,the relevant theories of financial risk and the concept of "double carbon" are explained on the basis of the corresponding,and then through the relevant literature review of Z coal company and the extraction and analysis of financial statement data to further understand the business situation and realistic financial situation of the enterprise.Starting from the background of "dual carbon" policy and from the perspective of financial risk control theory,this paper analyzes and identifies the operating environment of Z coal industry company and the financial risks faced by Z coal industry company at the present stage respectively by using PEST and financial control research methods.Through the analysis of the financial statement data of Z coal industry in recent years,it can be found that the finance of Z coal industry is in the medium and high risk range most of the time.Then,according to the relevant financial data of Z coal industry,the enterprise’s financial risk evaluation index system is constructed,and the entropy method and correlation coefficient method are used to study the enterprise’s financial risk.The research data show that Z coal industry has a series of problems,such as insufficient profitability,weakened solvency,general working asset management ability and insufficient development motivation.Finally,based on the specific financial risk characteristics of Z coal industry,it is proposed to accelerate the strategic transformation of Z coal industry to sustainable development.Constantly improve Z coal industry financial management system and asset management methods;Improve Z coal industry capital operation ability to reduce the risk of debt repayment;Establish and improve Z coal industry internal control system. |