Research On The Financial Risk Evaluation And Control Of A Automobile Company Based On The Efficiency Coefficient Method

In today’s environment,the global economy is gradually showing a downward trend,and the government is paying more and more attention to the manufacturing industry.The automotive industry,as a key focus of the manufacturing industry,has naturally received attention,especially in the field of new energy vehicles.The country has implemented many favorable policies.The new national policies will inevitably promote the optimization and upgrading of the entire industry to adapt to new market demands.Many automotive companies have begun to further optimize their production capacity layout,make breakthroughs in core technologies,and promote high-quality development of the automotive industry.But in the process of transformation,many challenges have also been encountered,coupled with the overall decline in demand in the automotive market.In this process,financial risks of automobile enterprises begin to emerge continuously.To avoid being eliminated,enterprises need to establish a risk management awareness and pay attention to preventing and controlling their own financial risks.This paper takes Company A as the research object of the automobile industry,and evaluates and analyzes what kind of financial risk state Company A is in from the perspective of financial risk.Firstly,the relevant concepts and theories of financial risk are introduced,secondly,the general situation and operation mode of Company A are introduced,and then the annual statements of Company A from 2017 to 2021 are analyzed,and different financial data and financial indicators are compared vertically to identify the financial risks of the company in financing,investment,fund recovery and income distribution.According to the identified results,12 evaluation indicators are selected to establish the financial risk index evaluation system,the entropy method is used to determine the weight,and the improved efficiency coefficient method is used to calculate the comprehensive evaluation value of the financial risk of A company.The result is serious financial risk.Again,from the perspective of four types of financial risks,this paper analyzes the causes of financial risks,and finally puts forward measures to improve the control of financial risks,hoping to help the development of A company.