Research On The Debt Risk And Prevention Of Guangtian Group

In recent years,the macroeconomic environment continued downward,industrial policy constantly updated adjust the background,many construction and installation enterprise operating income falling,expanding debt,a large number of debt is the main measures of building decoration industry most enterprises,the debt financing risk is also rising.In particular,the construction decoration industry has the characteristics of more capital and slow capital turnover,resulting in more accounts receivable capital and the asset-liability ratio is higher than other industries,which aggravates the debt risk of the construction decoration industry,and is easy to cause the risk of capital tension or even capital chain interruption.As one of the leading enterprises in the public building decoration industry in China,Guangtian Group is an industry leader engaged in the residential fine decoration business in China,which is of great significance to the research of its debt risks.Starting with the debt risk problem of Guangtian Group,this paper uses literature research method,case analysis method,comparative analysis method,quantitative research method and other methods to carry out in-depth discussion and analysis on the identification,evaluation and causes of the debt risk of Guangtian Group.Among them,in the process of research,this paper selected multiple indicators of debt-paying ability,operating ability,profitability,cash flow of peer enterprises such as Decai Stock,Maintenance Stock,Mingdiao Stock,Oriental Yuhong and so on to compare and analyze with Guangtian Group.Meanwhile,F score model was used to evaluate and analyze the debt risks faced by enterprises and comprehensively point out their existing debt risks.The research results find that Guangtian Group has many problems,such as insufficient financing channels,serious dependence on single business,insufficient operating funds,unreasonable debt structure,poor asset management ability,unreasonable risk management mechanism,large credit sales quota,and frequent personnel changes,which lead to serious debt risks.Finally,this paper,on the basis of the debt risk analysis,from optimizing the debt structure,reasonable control capital application,optimize the financing strategy,improve asset liquidity,develop diversified strategy,establish and improve the risk early warning mechanism,retain the core talent,focus on the market and national policy changes in eight angles summarizes the targeted avoidance strategy and Suggestions,hope to be able to provide reference value for the group to resolve the current debt difficulties,but also hope to give other construction installation enterprises certain warning and reference.