Research On Financial Risk Management Of Huajin Coking Coal SQ Coal Mine

Coal is called "Wu Jin" and " the food for industry".Our country has a vast territory and is rich in coal resources.Coal is an important basic energy source to support my country's economic development.For a long time to come,coal will continue to be an indispensable energy source for human production and life in the world.Our country's coal mining has been growing steadily since the Song Dynasty,but it is also the accelerated expansion of coal enterprises and the continuous expansion of production capacity,which has aggravated the financial risks of coal companies.Our country's economy has been greatly developed because of its abundant coal resources.The development process of coal enterprises is faced with a variety of uncertain factors,including the influence of national macroeconomic policies and their own business problems,and these factors are very unstable.This has resulted in coal companies to better and longer-term gain a foothold in my country's accelerating economic market,overcome the complex market environment,and solve the difficulties and problems in development.Based on the research of domestic and foreign related literatures,this paper refers to the research results of domestic and foreign scholars on the identification,evaluation and control of financial risks.On this basis,combined with the actual situation of SQ coal mine to identify and evaluate the financial risks in the enterprise,and propose countermeasures for the financial risks.The paper fully considers the characteristics of the coal industry and the actual situation of the SQ coal mine,according to the financial statements and relevant financial data of the enterprise from 2014 to 2018,the financial work and risks of SQ Coal Mine were decomposed by WBS-RBS analysis method to form a risk matrix,identify the financial risk points of the enterprise,and analyze and explain the identified 17 secondary risks one by one.The financial risks of SQ coal mine are grouped into four categories: financing risk,investment risk,operation risk and financial environment risk.Construct the risk list and risk hierarchy structure diagram of SQ coal mine.Then,according to the possibility of risk occurrence and the magnitude of its influence,the risk and risk points at all levels are evaluated respectively.The risk level of the company's financing risk is selected as high,and the risk level of operational risk is medium.In this paper,AHP is introduced to position the financial risk management as the target layer and the risk positioning criterion layer of financing,investment,operation and financial environment.On this basis,qualitative and quantitative analysis are carried out to comprehensively evaluate the financial risk of SQ coal mine.It proves that the financing risk is the key risk of the enterprise,and the operational risk is a secondary risk.Finally after research,the financial situation of SQ coal mine is relatively optimistic,at the end of the thesis,the countermeasures of SQ coal mine's financial risk control are put forward from the four aspects of financing,investment,operation and financial environment.To enable enterprises to understand what methods and strategies can be adopted to deal with risks in the face of risks.It is hoped that this research can provide some references for the financial risk management of SQ coal mine.