The Study Of Evading Financial Risk In Anxi Coal Equipment Factory

The domestic rapid economic increase and international going-up oil prices make the importance of our coal industry prominent, therefore, our state brings up a strategic target to promote rapidly the level of coal producing and equipment-making technology. For Anxi Coal Equipment Factory, which once was in financial risk and nearly faced bankruptcy, to grasp the historic chance, exist and develop in the market compete, means to strengthen the analysis and study on the financial risk, and carry out effective management.This article has all-aspect analyses on the financial risk condition , and then gives some measure and system on avoiding the financial risk for Anxi Coal Equipment Factory, based on the conclusion of domestic and international theories and literatures about the enterprise financial risk; using many theories in some subjects, such as: finance management, accounting, management and economics; by adopting the standard research method, quantitative and qualitative fixed analysis method. This article at first expounds the related theories on the financial risk, and then has a finance prediction analysis directed at the financial situation in Anxi Coal Equipment Factory, by using the financial risk pre-alarming model which focuses on the functionality-coefficient method and using related financial index, find out the financial risk and problem which Anxi Coal Equipment Factory is facing, finally, designs some measure and brings up a system to evade the financial risk according to the knowledge about financial management and accounting.The measure and system that this article shows is powerful and universal. Using these measure and system can improve the ability and level of controlling the finical risk. The other enterprises can also use the experience of the measure and system for reference.