The Non-ferrous Metals Industry In Our Country Enterprise Financial Risk Management Research

The burst and unceasing deepening of global financial crisis made the situation worse. Also the the slowdown in the economy brought great impact on non-ferrous metal industry, which has entered into a complicated business environment, and competition is getting more and more intense, even the financial risk of enterprises has grown a lot. That speed up the achievement landslide, huge loss even the bankruptacy of involved enterprises. Financila risk management became the focus in enterprises. Based on the investigation of documentations,research on financial risk management of non-ferrous industry is few with the philosphoy of this industry. It is significant to carry out detailed study and research on financial risk management in non-ferrous metal insdutry, which is to get the industry characteristics and financial characteristics of non-ferrous metal industry, accurately grasp financial risk source of the non-ferrous metal enterprise which under the background of the industry, thus establish financial risk measure model apply to non-ferrous metal enterprise, carry out effective financial risk control measures,and ensure enterprises can develop healthily.This essay discusses the industry characteristics and financial characteristics of china’s non-ferrous metal industry from qualitative research and financial analysis angle, accurately grasps financial risk source of the non-ferrous metal enterprise, builds the financial risk evaluation model’s index system combined with the industry’s characteristics and risk sources, draws lever coefficient’ reasonable range of non-fettous metal industry by using factor analysis method, measures financial risk with lever analogy method, and carries on empirical research by taking listed companies in2009as example at last.The main content of this essay includes below:Qualitative analysis will be carried out on the characteristic of non-ferrous metal industry in China, take the listed company of non-ferrous metal industry from2006to2009as the example, quantitative analysis will be taken to analyse the financial condition of non-ferrous metal industry, and effectively control the financial risk sources of non-ferrous metal industry.Combining the above mentioned characteristics of nonferrous metal industry, we score the industry with some indicators. Then by calculating the leverage index of those enterprises with highest scores we determine the reasonable range of the industry, thus to define the enterprise financial risk and give early warning. State that the short coming of financial risk control in no-ferrous metal industry and make an analysis based on the specific risk source of financial risk in China. Discuss the effective preventions on financial risk.This essay is to analyze the financial risk in non-ferrous metal industry develop and the method we use is a kind of extension and application of traditional financial risk control and balance. A combination of lever analogy method and factor analysis method makes the more reasonable and effective role. The result proves that this essay reflects the actual financial operating state more comprehensively, grasp the industry characteristics, financial characteristics and risk source of the non-ferrous industry more accurately, identify and measure the non-ferrous metal enterprise’s financial risk scientifically, establish a financial fisk management mode with a certain operational on non-ferrous metal industry.