Research On Financial Risk Evaluation And Control Of AK Company

In recent years,China is actively promoting the development of the new energy industry.However,compared with some developed countries abroad,my country’s new energy industry is still in the growth stage,and new energy companies face a series of hidden risks such as large investment,long investment recovery period and high cost.Therefore,it is helpful to identify and evaluate the financial risks of new energy enterprises,find out their existing financial risks and put forward control suggestions,which will help to strengthen the ability of new energy enterprises to control risks and resist risks.This paper takes AK Company,a new energy enterprise,as the research object.Firstly,it introduces the research background,purpose and significance,summarizes the research status at home and abroad,and points out the main content and research methods of this paper.Secondly,the concept and characteristics of financial risk,financial risk identification,financial risk evaluation and financial risk control related theories;Then,select the FINANCIAL data of AK company from 2015 to 2021,analyze its financial situation and identify the financial risk of AK company from four aspects of financing risk,investment risk,operation risk and income distribution risk;Thirdly,the listed companies in the same industry with AK company were selected for horizontal financial risk evaluation with factor analysis method.The results showed that overall financial risk of AK company was high,and the control ability of four types of risks still needed to be strengthened.Then,the entropy-topsis method is used to conduct a longitudinal financial risk evaluation on the financial data of AK company from 2015 to 2021.The results show that the overall financial risk of AK company is gradually rising,and the operational risk and income distribution risk have a greater impact on the overall financial risk of AK company,while the financing risk and investment risk have a smaller impact.The risk causes of AK company are analyzed as follows: single financing method,unreasonable financing structure,insufficient investment return,large amount of receivables,increased inventory and insufficient income distribution.Finally,put forward targeted risk control suggestions,and for other similar enterprises to promote financial risk management to provide some reference suggestions.