Research On Financial Risk Control Of A Company Under Asset-Light Mode

The 21 st century is an era of big data.With the continuous development of network technology,the garment industry is facing unprecedented opportunities.During the "14th Five-Year Plan" period,China issued the "14th Five-Year Plan" Development Guidelines and 2035 Vision Goals of China’s garment Industry,which pointed out the direction for the booming development of the garment industry.Many local clothing enterprises are actively following the heat of the policy,trying to carry out asset-light operation,and in the process of finding common interests with other enterprises,so as to establish a complete industrial chain.Based on this,this thesis chooses A representative company in the garment industry as the case study object.First of all,this thesis summarizes the relevant concepts and theoretical basis by sorting out and summarizing the literature research on asset-light model and financial risk at home and abroad in recent years.Secondly,it introduces the operation mode,organization structure and current situation of A company under the asset-light mode.Thirdly,through the analysis of the four levels of financing,investment,operation and development of Company A under the asset-light model,the financial risks and main problems it faces are understood,such as the decline in short-term solvency,the loss of investment in new brands and inventory overhang,the slow collection of accounts receivable and the weak growth of income.For the identified financial risks and main problems,the entropy method and the efficiency coefficient method are combined to construct the financial risk evaluation index system of Company A for evaluation and cause analysis.Finally,according to the evaluation results and cause analysis of enterprise A,and in view of the current background of the garment industry at home and abroad,the corresponding financial risk control measures are proposed,including expanding financing channels,improving the quality and income of investment projects,strengthening investment in live streaming and private traffic,strengthening product quality supervision,strengthening accounts receivable management,etc.It is expected to help Company A,which is in the middle and high risk,get out of the predicament as soon as possible,further promote the sustainable development and brand building of Company A,and hope to provide some reference for other asset-light clothing enterprises.