The operation and management of high-tech enterprises face many financial risks.Strengthening financial risk control can improve the accuracy of risk identification and evaluation,improve the prudence of enterprise investment projects,expand enterprise financing channels,and reduce the debt ratio of enterprises,thereby ensuring the healthy and sustainable development and growth of enterprises.Company H is a listed high-tech enterprise with large investment in R&D and innovation,long R&D project cycles,and strong uncertainty in R&D results,making it easy to generate financial risks.Firstly,based on the literature resource approach,quantitative analysis,and comparative analysis methods,this thesis takes H company as a research case,adopts financial risk management theory,internal financial control theory,and other methods to analyze the financial situation of H company in the past five years.Based on the Z-score model,this thesis evaluates H company’s financial risks,including investment,financing,and operational risks,and analyzes the reasons for H company’s financial risks,For example,the external reason is that the macro environment is complex and volatile,and the market supply and demand situation changes rapidly;The internal reasons are that the governance structure of company H is unreasonable,company H lacks a corporate financial risk control culture,company H lacks unified control measures for financial risks of its subsidiaries,and company H does not adequately control cash flow.Secondly,in order to improve the financial risk control level of company H,improve risk control strategies,establish risk prevention and control strategies based on investment projects,conduct risk control through risk rating indicators,broaden financing channels,improve short-term debt repayment ability,reasonably reduce refinancing risks,strengthen comprehensive budget management of the enterprise,and strengthen cost and expense management of the company.Thirdly,this thesis proposes safeguards for H company’s financial risk control measures,strengthening the company’s financial risk control awareness,clarifying financial risk control responsibilities,strengthening the training and learning of financial risk control personnel,encouraging financial risk control personnel to take professional title exams,introducing high-level financial risk control personnel,constructing and improving risk control mechanisms,and using big data to improve the accuracy of financial risk identification,Improve financial risk response and disposal measures,and transform the concept of internal audit of financial risks.The conclusion of this study is that the financial risk of high-tech enterprises needs to be strengthened from multiple aspects.Investment risk control measures include improving the risk control process and risk evaluation indicators,prudently investing in the financial risks of projects,improving the internal financing level of enterprises,and establishing a risk-oriented budget management mechanism,which can improve the financial control ability of high-tech enterprises. |