| The macroeconomic policies of the state are changing.The economic vitality of construction enterprises is gradually decreasing.Financial risks may occur in all aspects of production and operation.construction enterprises face the enterprise internal financial condition is complex and the external macro environment variable.With the outbreak of the new crown gall disease in2019,many construction companies are facing impact of work stoppage,directly facing the extension of the project cycle,indirectly increasing the production cost of enterprise resumption,further increasing the financial risk of construction enterprises.Therefore,enterprises should accurately identify the internal and external factors affecting the company’s financial risks,evaluate the risk level of financial risks,prevent and control financial risks,and avoid falling into financial crisis.Taking YH construction company as an example,this thesis identifies the financial risk of the company,evaluates the risk level and proposes control measures.This thesis reviews and summarizes relevant domestic and foreign literature to provide a direction for the demonstration of this thesis.Based on this,the concept and classification of financial risk are proposed.The financial risk evaluation method and financial risk control are outlined in detail,and the theoretical basis used in this thesis is explained.Based on the actual production and operation status of YH Construction Company,this thesis introduces the basic overview of YH Construction Company,identifies financial risks based on statement analysis method and cash flow perspective,compares the company’s financial indicators with the average value of industry indicators,and analyzes the macroeconomic position of YH Construction Company.According to the actual production and operation status of YH Construction Company,this thesis introduces the basic situation of YH Construction Company,and identifies the financial risks of YH Construction Company from the perspective of statement analysis and cash flow.Based on the identified financial risks,indicators are selected to construct a financial risk evaluation system including financial and non-financial indicators in different dimensions.The entropy weight method and analytic hierarchy process determine the weights of financial and non-financial indexes respectively,and then the risk evaluation of financial indicators is carried out according to the TOPSIS method,the fuzzy comprehensive evaluation method evaluates the non-financial indicators,and combines the weights of the two to comprehensively evaluate that YH Construction Company is in the financial risk level of the giant police.YH Construction Company has potential financial risk problems such as single financing method,blind investment,high debt ratio,and invalid risk management mechanism.According to the financial risk control method,specific measures for financial risk control are proposed in an all-round way.The financing process transfers loan risks through risk transactions,and financial risk The diversification method hedges risks in multiple ways when investing,and the financial risk avoidance method has a plan to control financial funds when it is used to strengthen the management of accounts receivable and inventory,etc.,use the risk prevention method to analyze potential risks and establish a comprehensive budget for relevant cash flows,and ultimately improve YH financial risk control and management capabilities of construction companies.The research results will help YH construction company fully understand and reduce its financial risk,and provide reference for the construction industry. |
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