Research On Financial Risk Evaluation And Control Of M Company

With the continuous improvement of people’s living standards,our citizens actively pay attention to their own health problems and include the regular physical examination every year in the plan.Based on the transformation of this demand,the physical examination industry began to emerge in China.However,with the increasingly fierce competition in the industry,enterprises have chosen to expand their business scale,which will bring financial risks.This paper mainly studies the possible financial risk problems in the development of private physical examination industry,and puts forward financial risk control suggestions for reference.This paper takes M company in the physical examination industry as the research object.Firstly,it introduces the background of the topic,the purpose and significance of this topic,as well as the existing research results at home and abroad.Secondly,it expounds the concept of financial risk and the related concepts of financial risk identification,evaluation and control.Thirdly,it introduces the current situation of the physical examination industry and the main business of M company,focusing on the analysis of the financial status of M company from three aspects: balance sheet,income statement and cash flow statement,in order to pave the way for the preliminary identification of the financial risks of M company.Thirdly,the factor analysis method is used to identify the debt repayment,profit,growth and operation risks of the enterprise.The identified repayment risk is reflected in the weakening of short-term solvency and long-term solvency;Profit risk is mainly reflected in the decrease of operating income and the increase of period expenses;The growth risk is mainly reflected in the slowdown in the growth rate of operating revenue and total assets;Operational risk is reflected in the decline of accounts receivable turnover rate,inventory turnover rate and fixed assets turnover rate.Finally,it puts forward targeted countermeasures from the four aspects of debt repayment,profitability,growth and operation,such as strengthening the management of accounts receivable,improving inventory management,reducing the proportion of short-term liabilities,improving operating revenue and giving play to synergy,so as to finally enable the enterprise to develop continuously in the long run.