| In 2020,severe and complex domestic and international situations continue to intensify.It is very important for the financial industry facing a period of strategic opportunities to deepen the reform of the capital market.The securities industry is a high-return and high-risk industry.if there are some loopholes in daily business and management,it may be easy to cause the financial crisis of the company.Due to the outbreak of COVID-19,the market has been severely affected,which results in slow economic recovery,a greater degree of monetary policy contraction than expected,and a less obvious effect of capital market reform.Therefore,the ability to forewarn and control risks plays an important role in the development of securities firms.Based on the financial risks of securities companies and the related theories of the securities company,the research status of the financial risk field is analyed in the securities company,the methods and conclusions of relevant literature are summarized,the financial risk analysis and response strategy of securities companies are carried out,and the case analysis of Z securities company is done in this article.Combined with the current development of Z securities company,firstly,the financial risk identification is carried out from the main business level and financial statements.Secondly,through relevant indicators(that is,debt repayment capabilities,profitability,and development capabilities),securities company risk control capabilities,and Z-score models,the degree of financial risks can be evaluated.Finally,based on the identification and evaluation,the financial risk response can be carried out.Specifically,find out the main causes of financial risks firstly,and then propose financial risk response strategies based on the main cause,the company’s own ability,and the current market environment.The strategy is as follows:promote innovation business and grasp the "new" financial risk points,broaden financing channels and optimize the proportion of fundraising methods,strengthen the core of risk control,that is the net capital management,carry out the technology and culture,and implement the management and control of financial risk.The strategy has the certain universality on the overall securities industry,which helps securities companies jointly maintain the beauty and healthy competitive environment in the securities industry,and achieve sustainable development,at the same time as their own financial risk prevention capabilities are improved. |
