The Experience Curve And Financial Risk Control:A Case Study Of Yutong Bus

In 2016 China's economic growth continues continuing downward trend in recent years,enterprises have to face downward economic growth and structural adjustment pressure continues to increase the objective reality.In this economic environment,China's manufacturing industry is facing a lack of demand,rising costs of stress,the rising cost of falling profits,financial risk is the main factor.Therefore,how to fully understanding its own advantages and disadvantages,effectively control costs,enhance profitability,and to guard against and avoid financial risk,is manufacturing should face serious strategic issues.This article USES the research method of the single case to yutong passenger car as the research object and analysis unit,on the basis of the experience curve theory and the theory of financial analysis,respectively,to analyze its learning ability and financial performance,on the basis of analysis to explain the experience curve and the relation between financial risk control,and targeted to prevent and control the operational and financial risks.This paper based on the experience curve model,the collecting and sorting the yutong buses report data from 2001 to 2015,verify the existence of the experience curve;Then,to deal with the related data,it is concluded that the percentage of the experience curve and learning yutong buses;Then,for yutong bus debt paying ability,operation ability,profitability and market ratios and so on financial performance calculation,comparison and analysis;Finally,combining the above analysis results,the yutong bus experience curve and the relationship between financial risk control,namely,yutong bus how to control the cost from the Angle of the experience curve,so as to increase its profitability and operation ability,eventually dissolve the financial risk.In this paper,the analysis showed that: first,yutong bus experience curve;Second,yutong bus financial performance and the corresponding learning there is a positive correlation relationship;Third,as a result of the existence of the experience curve,yutong bus through the cost control,make its profit ability enhancement,thus effectively control the financial risk.Through the yutong bus experience curve,the relationship between the financial performance and financial risk control of comprehensive analysis,the manufacturing enterprises and other industries has important significance to prevent and avoid financial risks.