Research On Financial Risk Management Of TH Company Under PPP

My country’s garden industry is a typical industry that uses the PPP model.Its industry has a large market space but has a large demand for funds and a long turnaround time.In a complex market environment,the financial risk problem of the garden industry is prominent.As a leading enterprise in the gardening industry,TH Company selected this company as the research object to carry out research on the company’s financial risk management under the PPP model,which not only provided reference for TH Company’s financial risk management,but also provided reference for other enterprises in the gardening industry.This paper expounds the related concepts and theoretical basis of PPP mode,financial risk management,and uses them as the basis for case analysis.Taking the financial overview of my country’s garden industry under the background of PPP as the starting point,it summarizes the characteristics of industry funds from the current situation of garden enterprises’ funds.;Then describe the financial situation of TH Company under the background of PPP,analyze and identify the financial risk factors of TH Company under the background of PPP;according to the risk management theory,use the Z integral model to evaluate the financial risk of TH Company,and put forward corresponding measures.Risk control measures and recommendations.The research results show that the financing and investment risks of TH are mainly due to the large demand for funds for PPP projects,which leads to an increase in the scale of corporate debt,the increase in financing costs and the net outflow of investment cash due to the single financing method,and the excessive expenditure of PPP projects,which increases cash flow.risk of breakage,etc.It is suggested that TH Company should take measures such as introducing industrial funds for PPP projects,properly utilizing PPP project asset securitization and other controls,taking into account PPP projects with different operating cycles and different return mechanisms,and appropriately increasing the proportion of long-term borrowings.In response to operational risks,TH Company should strengthen the capital budget,keep the cost of the project within a controllable range,and reasonably transfer the operational risk of the PPP project.In addition to considering its own situation,it should also comprehensively consider the government’s ability to perform the contract to ensure the operation of the project.