| Animal husbandry is the fundamental industry of China’s national economy and the pillar industry of rural economy,while the pig breeding industry is also an important component of animal husbandry.In China,pig meat plays an extremely important role in the consumption of meat in urban and rural areas,especially with pig consumption accounting for over 65% of meat consumption.In addition,pork has the characteristics of high calorie content,rich nutrition,and high digestibility,and has become one of the most important sources of animal protein in the country.Its stable supply has varying degrees of impact on the overall supply of meat products and the stability of sideline food prices.With the continuous development of China’s animal husbandry production industry,a number of intensive and specialized pig breeding leading enterprises have emerged.These enterprises account for more than half of the country’s pig production output.As the largest pig breeding enterprise in the country,Muyuan has continuously expanded its market share and developed its layout in 11 provinces,21 cities,and23 counties.In recent years,the pig output has remained at the forefront of the industry.However,while enterprises are rapidly expanding,they also bring varying degrees of development risks.As a listed agricultural enterprise,the financial operational risks are particularly important,which constantly affect the stable development of the enterprise,especially the problems of high performance fluctuations and high operating costs.If these problems are not handled properly,they will affect the long-term strategic development of the enterprise and even become a limiting factor for its survival.Therefore,for enterprises,comprehensive and accurate analysis and evaluation of financial risks,formulation of corresponding countermeasures,and determination of risk positioning are essential tasks to maintain the healthy and sustainable development of the enterprise.It is of great significance to identify and evaluate the financial risks of Muyuan Co.,Ltd.,and propose reasonable suggestions and targeted risk prevention and control measures based on existing and predicted problems,in order to conduct a comprehensive analysis of the company’s current situation.We need to conduct a comprehensive analysis of the possible financing,investment,operation,and income distribution aspects of Muyuan Stock’s business process.Firstly,we need to conduct a preliminary assessment of the business and financial condition of the enterprise in order to identify any potential financial risk points.Next,we will analyze the financial statements and related indicators of Muyuan Co.,Ltd.to identify relevant financial and operational risks.When constructing a quantitative evaluation model for financial risk,we can select some appropriate financial indicators for assignment analysis,and comprehensively apply Analytic Hierarchy Process and Efficiency Coefficient Method to evaluate financial risk,in order to obtain relevant financial risk assessment results.According to the evaluation results,the financial risk of Muyuan Group is in a relatively low level of light alert status,with overall small financial risks.However,the financing risk and income distribution risk are relatively serious,and there are still certain financial risks and hidden dangers in the development process of the enterprise,which need to be given sufficient attention by managers and investors.This article proposes corresponding policy recommendations for optimizing financing plans and improving financial mechanisms based on the risk assessment results.The results of this study have certain significance for Muyuan Group to have a more comprehensive understanding and take measures to address financial risks,and may also provide some reference for relevant enterprises in the pig breeding industry. |
PDF Full Text Request