Financial Risk Research Of Shenan Group On Efficiency Coefficient Methed

With the promotion of energy-saving emission reduction, the government will give photoelectric lighting industry more incentives and subsidies, which will cause an upsurge of investment, intensifying industry competition. Shen An Group in this grim background, through a major asset restructuring carried out the expansion of the enterprise platform and the expansion of the scale of the company. After the reorganization, the company’s performance has been greatly improved, but the level of financial management cannot keep up with the pace of the expansion, so there are still more financial problems. And financial management decision-making mistakes and poor management will cause the financial risk, if financial risk can’t be in-depth analyzed and effectively prevented, it will make the enterprise unable to operate and develop normally. So in order to prevent the formation of enterprise financial crisis, Shen An Group should analysis its current financial risk, explore the internal and external reasons, and construct the applied financial risk evaluation system.This paper selects Shen An Group as the research object, and refers to the domestic and foreign literatures about the application of efficacy coefficient method in the evaluation of financial risk, then analysis company’s financial risk present situation and the reason, and constructs Shen An Group’s financial risk evaluation system which based on the efficacy coefficient method, finally puts forward relevant measures and suggestions. First, this paper studies the financial risk status of Shen An Group in detail, and the financial risk is divided into four aspects: financing risks, investment risks, operational risks and other risks. Through the longitudinal analysis of the company’s financial data and the horizontal contrast with the advanced level of the industry, it explored the problems that exist in the financial risk, and analyzes the internal and external reason. In addition, it used the correlation analysis to select the index system, obtained the index weight with principal component analysis, determined the evaluation standard and financial risk warning interval, improved the efficacy coefficient method, and constructed a set of completed financial risk evaluation system. Next it pulled in Shen An Group’s financial data of 2015, tested the effectiveness of the system, evaluated the degree of financial risk and summed up all the financial risk problems of Shen An Group. In the end, combined with the situation of the industry and the characteristics of itself, put forward an effective system of safeguard measures and risk prevention recommendations to promote the development of the Shen An group, in order to provide some reference for other enterprises in the same industry.