The Research On Financial Risk Evaluation Of HL Company

The rapid development of economy, brings the opportunity to the enterprise at the same time also hidden all sorts of crisis, in this cruel competition environment, the enterprise wants to obtain sustainable and healthy development, we need to constantly adjust their own strategy, real-time attention influences the development of enterprises, especially financial factors, In recent years, because of financial problems down the company often found in newspapers. The scale and level of manufacturing is hard to measure a country’s economic strength, the rapid development of manufacturing industry China in nearly ten years, but as the market to accelerate the process of manufacturing enterprises, facing the increasingly complicated economic environment, competition intensifying.In the Shanghai and Shenzhen two city is manufacturing enterprises accounted for the entire ST the proportion of enterprises most, many manufacturing enterprises appeared in the backlog of inventory, a decline in profitability and working capital tension and risk. Therefore, is very important for the construction of manufacturing enterprise financial risk evaluation system is, through the establishment of the manufacturing enterprise financial risk evaluation model, can make the enterprises pay attention to the financial health of the enterprise in the daily development, properly to avoid the occurrence of financial risk, and provide the effective means of Finance for the healthy development of the manufacturing industry enterprise.HLis a company with more than 40 years history of the development of fo undry enterprises, after years of development, the company has become the larges t forklift, the strongest comprehensive strength and economic indicators best manu factoring companies,the company up to now the economic indicators of the comp any always maintain the same industry first. HL company is the only one domest ic forklift of listed companies, the company’s current product model 1700 kinds,5 12 kinds of products all have independent intellectual property rights. But behin d the rapid expansion also has some problems, so this paper chooses it as the rese arch case, in order to bring theoretical guidance of financial risk evaluation on the same manufacturing enterprises, and to build a relative financial riskevaluation s ystem to provide some new suggestions.This paper is divided into four parts:the first part combs and summarizes the research background of this paper, research significance and research status at home and abroad; the second part is the related theories on the financial risk is described in detail, and pave the way for the theoretical basis of the following; third part is mainly on the research object of HL company’s background, development and relevant data are introduced; the fourth part is on the 11 indicators selected for data processing, the construction of financial risk evaluation model, in-depth analysis of the HL company’s financial, find out the financial risk, the risk to the point of proposed targeted solutions.This paper selects the case of forklift industry representative enterprise, one of the research contents on the mechanical manufacturing industry is also the possible innovations, the machinery manufacturing industry represents a country’s overall level of the real economy, so the study of manufacturing industry is very important; another possible innovation this is reflected in the choice of indicators, based on the empirical analysis of cash index given full attention, relevant indicators of working capital and the introduction of channel analysis, combined with principal component analysis to establish financial risk evaluation model, the analysis of HL company’s financial analysis and put forward the corresponding measures to be there is a risk point by case analysis and empirical.