Financial Risk Management Of SX New Energy Company

The development of new energy has become a key driving force for current social economic development,which is crucial for promoting carbon peak,carbon neutrality,and advancing high-quality economic and social development.In the context of global climate change,promoting the development of clean and sustainable new energy technologies has become an important issue that cannot be ignored in the world today.In the coexistence of opportunities and challenges,the financial condition of a company directly impacts its development prospects.Having a comprehensive understanding of the company’s financial condition helps to provide early warning and identify potential risk factors,enabling effective implementation of financial risk management measures and avoiding the development of risks to an uncontrollable level.This thesis takes SX New Energy Company as the research object.As a new company listed in 2020,it faces more difficult risks and challenges than before.This thesis analyzes its financial situation,designs a financial risk evaluation index system,and combines quantitative and qualitative analysis methods to evaluate and identify risks,and finally proposes preventive and protective measures.In analyzing the financial situation of SX New Energy Company,this thesis first analyzes its capital market performance,wealth creation ability,innovation ability,fund utilization efficiency,and debt management ability from 2017 to 2021 by analyzing financial reports,and identifies risks.Secondly,based on the opinions of company experts and recognized comprehensive performance evaluation criteria,the "Comprehensive Performance Evaluation Criteria for Companies" is selected as the basis for designing the financial risk evaluation index system for the company,based on comprehensiveness,non-correlation,and comparability.The entropy method is used to process each index,and the entropy value and coefficient of variation of each index are calculated according to the relevant steps.By conducting correlation analysis on the selected indicators and combining them with their weights,financial risk evaluation indicators suitable for SX New Energy Company are screened.Finally,the effectiveness coefficient method is used to score the indicators,and the comprehensive scores of SX New Energy Company from2017 to 2021 are calculated as 57.80,59.30,50.35,55.64,and 58.93,all of which belong to the medium risk category.This thesis presents a series of specific recommendations in response to identified financial risks.The recommendations include enhancing the emphasis on enterprise cost management,developing more precise market strategies,and strengthening technological innovation by continuously introducing new technologies and products to improve market competitiveness.Furthermore,relevant safeguard measures are proposed in areas such as human resources,internal management,and establishing a reasonable early warning process.Overall,this thesis aims to establish a scientific and effective financial risk assessment index system to provide financial risk analysis and management solutions for SX New Energy Co.The study shows that for a newly listed company like SX New Energy Co.,in-depth research and implementation of financial risk management measures are necessary and important to help safeguard capital,enhance market reputation,meet compliance requirements,and support the company’s sustainable development.