Research On Debt Risk Management Of BOE Corporation

Repeated outbreaks of COVID-19 in local areas shows a trend of normalization,the instability and indeterminacy of the external environment has increased significantly,competition and cooperation will become the main theme of the future development of great powers.As global currency overissuanced,the global economy is expected to enter a period of economic shock based on the shock of the financial system.On the other hand,the digitalization of the industry occupies a decisive position in China’s 14 th Five-year Plan,while becoming a powerful engine for the development of digital economy,it also mitigates the negative impact of the epidemic on the real economy.The electronic information manufacturing industry needs to develop new opportunities in crisis,open new situation in change,respond to challenges Actively,and seize development opportunities in the complex development environment at home and abroad,therefore,our research on financial risk management of electronic information manufacturing industry is becoming more and more important.This article introduces the debt financing of BOE from 2012 to 2021,analyzes the current status of debt risk management from the aspects of debt financing scale and channels,solvency,foreign currency debt financing exchange rate risk,share repurchase,and compares it with other companies in the industry.We found that the company’s short-term solvency is at a low level in the industry and is in a downward trend,and the level of exchange rate risk management needs to be improved.In this paper,the causes of debt financing risk are analyzed by using the theory of financial leverage,combined with the external market environment and internal factors of the company,and the Z-score comparison method of financing risk warning is used to assess the debt financing risk.On this basis,according to the above identification and assessment results,combined with the actual situation of the enterprise,countermeasures and suggestions for risk prevention are proposed.The paper provides a theoretical basis for the debt financing risk management work of BOE,which is helpful for Chinese enterprises,especially electronic information manufacturing enterprises,to effectively identify and control debt financing risks.