Research On Financial Risk Identification And Evaluation Of Company BQ

At the end of 2021,the Ministry of Finance,the Ministry of Industry and Information Technology,the Ministry of Science and Technology and the National Development and Reform Commission jointly issued the Notice on the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles in 2022.The notice announces that subsidies for the purchase of new energy vehicles will end at the end of 2022,and the subsidy standard for the purchase of new energy vehicles in 2022 will be reduced by 30% compared with the subsidy standard in 2021.The implementation of this policy has directly led to the loss of an important source of funding for the new energy automobile industry.In recent years,China’s new energy vehicle market has developed rapidly,but with it,core resources such as chips and batteries are tight,raw material prices are rising,and in the fierce market competition,there are many traditional automobile manufacturers,cross-field companies and capital parties to increase investment in new energy vehicles.At present,in the face of the initial stage of the opening up of the domestic epidemic,inflation,rising commodity prices,and foreign RussiaUkraine wars,etc.,all of which have brought certain uncertainties to the development of the domestic economy and the automobile industry.Therefore,for new energy vehicle manufacturers,it is particularly important to accelerate technological updating,strengthen the management of corporate financial risks,adopt appropriate financial risk evaluation models for comprehensive evaluation of financial risks,and realize dynamic monitoring of the four dimensions of finance.Only by timely detecting abnormal changes in indicators and formulating corresponding scientific and effective response strategies can we ensure the sustainable development of enterprises.This paper takes BAIC Blue Valley New Energy Technology Co.,Ltd.as a case study,firstly,uses the literature method to summarize the research ideas of previous scholars on corporate financial risks.Then,combined with the internal and external environment of the new energy automobile industry and the current situation of BAIC Blue Valley,the financial risks of enterprises are identified from four aspects: debt repayment,profitability,operation and development.Secondly,it refers to the Implementation Rules for Comprehensive Performance Evaluation of Central Enterprises issued by the State-owned Assets Supervision and Administration Commission,and selects 24 financial indicators based on the actual situation of BAIC Blue Valley.SPSS software was used to test the correlation of these alternative evaluation indicators,and finally 12 indicators with low correlation were selected.Then,the financial risk evaluation system of BAIC Blue Valley was constructed,the weight of each index was calculated by the entropy value method,and the financial risk of the enterprise was scored,evaluated and divided into risk levels by the efficiency coefficient method.Ultimately,the findings show that the company’s level of financial risk is high.Through the specific analysis of the risk evaluation results of BAIC Blue Valley,it is found that the debt repayment risk is greatly affected by the macroeconomy,and the unreasonable capital structure is one of the reasons for weakening the solvency.The main reasons for profit risk are high raw material prices,the overall cost of enterprises increases,and the company’s high-end products have not yet formed scale effects,and sales are not satisfactory.Accounts receivable turnover and inventory turnover are the most important factors affecting operational risk.Technology research and development capabilities and ineffective marketing methods hinder the development of enterprises.In view of the above analysis,this paper proposes a series of financial risk prevention measures.This research not only has important reference significance for how to quickly realize the centralized development of the new energy automobile industry in the lack of favorable policy guidance,but also improves the risk prevention ability of BAIC Blue Valley itself,and accumulates valuable experience for the development and risk evaluation of other enterprises.