Research On Financial Risk Assessment Of Overseas Investment M Project Of BGP

In the process of Chinese oil companies entering overseas markets,overseas investment projects face more uncertainty than domestic projects,and need to use scientific methods to identify financial risk sources and reduce the possibility of risk.This paper attempts to evaluate the financial risk of the Oriental Geophysical M overseas investment project so that it can be carried out smoothly in a stable operating environment and provide a reference model for the development of overseas projects.After studying related literatures,it is found that in the identification of financial risk sources,most of them are simple application of financial ratio and financial indicators,which do not combine macro-environment and medium-sized industry characteristics.This paper not only considers the particularity of M project,but also combines the background of overseas investment and the status of oil industry in identifying the source of financial risk.After comparing the methods of expert investigation,univariate model analysis and fuzzy comprehensive evaluation,the fuzzy analytic hierarchy process(AHP)was selected to study the M project.First,we analyze the financial risk source of M project,construct the analytic hierarchy structure,and then determine the evaluation membership matrix,carry on the consistency test,determine the weight of each influencing factor,and finally carry on the comprehensive evaluation.The three major financial risk sources are analyzed as price risk,raising risk and exchange rate risk.According to this,we should strengthen the risk management awareness,develop financial management strategy,use financial instruments to avoid price and exchange rate change,to reduce operating costs and optimize the capital structure,so that the project is always in a controlled state.