Research On Financial Risk Management Of Shuanglin Co.,Ltd

In recent years,the automobile industry is facing profound changes and opportunities.The social preference for clean energy has driven the development of new energy vehicles,and the auto parts industry is the pillar industry of the development of the automobile industry.It also needs to respond to changes and opportunities and do a good job of support and barrier for the development of the national automobile industry at all times.Since the reform and opening up,China’s automobile industry has developed rapidly.With the improvement of people’s living standards,the number of cars owned by every household has increased,which has driven the explosive growth of domestic automobile production and sales.The rapid development of an industry often makes the competition in this industry more and more fierce.In recent years,the market situation at home and abroad is complex and changeable.Coupled with the impact of the epidemic,the development of the automobile industry is facing great uncertainty.Auto parts enterprises are at the bottom of the auto industry chain,and their response to market changes lags behind,so financial risk management is necessary for the auto parts industry.This paper takes the financial risk management of Shuanglin Co.,Ltd.as the research object.Firstly,the paper deeply analyzes the current situation of financial risk management at home and abroad,and expounds the concept,characteristics and content of financial risk management in detail;Then,by understanding the company scale,main business and internal organizational structure of Shuanglin Co.,Ltd.,combined with the current operation situation of the company,this paper analyzes the financial status of its financial statements for five consecutive years;Then,through sorting out various ability indicators,it is identified that the company has risks in financing,investment,operation,development and cash flow.After that,the factor analysis method is selected as the evaluation method to evaluate the financial risk of the risks identified by the company,and the factor analysis is carried out for 100 companies in the industry,including Shuanglin Co.,Ltd.to study the financial risk level of Shuanglin Co.,Ltd.based on the score of each factor,and rank the severity of each risk;Finally,according to the current financial risk level of Shuanglin Co.,Ltd.,combined with the actual situation of the company,this paper puts forward targeted financial risk prevention and control suggestions,which aims to help the company reasonably carry out financial risk management and promote the healthy and sustainable development of the company.