Research On Financial Risk Analysis And Control Of JH Automobile Limited By Share Ltd

The automobile industry is an important part of the typical manufacturing industry and the real economy,the nineteen Party Congress report clearly put forward the construction of modem economic system,the economic development must focus on the real economy,accelerate the development of advanced manufacturing industry",which brings good policy environment for the development of the automobile industry;at the same time with the increase of people's income,and the change of consumption concept,to have more and more cars every family.In recent years,the car sales in the domestic market have been increasing year by year.But we should also see that China's auto industry after years of rapid development from growing period into the mature,car sales slowdown;China's domestic automobile brand and well-known foreign car brand is not dominant in the competition,exacerbated the degree of competition in the industry;the traditional cars,country V emission standards,the full implementation of the fuel consumption limits the value increased year by year and strict new energy vehicles,financial subsidies last fall have put forward higher requirements and challenges for all car prices.Facing fierce and complex competition,any automobile manufacturer must establish risk management consciousness if it wants to win in the competition.Especially,we must pay attention to guarding against and controlling its own financial risks.Many well-known enterprises at home and abroad have frequent bankruptcies.A very important reason is that these enterprises do not pay attention to the prevention and control of their own financial risks.It can be seen how important it is to establish the concept of financial risk and to make a reasonable analysis of it.In this paper,AH key state-owned enterprises listed JH auto Limited by Share Ltd as a case study,this paper is divided into six chapters.the first chapter is the introduction part,introduces the research background and significance,the domestic and foreign research review,research ideas and research methods,characteristics and innovation;the second chapter is the related concepts involved in this paper and the basic theory of introduction,including:the concept and type of financial risk,financial risk analysis,the strategy and principle of financial risk control and related theory;the third chapter is the key part,mainly is the financial risk status of JH automobile were analyzed,firstly,the domestic auto industry characteristics and business conditions are introduced,and the emphasis is on the JH automobile for nearly 6 years the annual financial statement analysis methods the financial risk status of the JH automobile from the four aspects of solvency,operating capacity,profitability and development capacity are analyzed in detail and the industry standard Bar enterprises were compared,finally through the financial risk analysis of the results of the present situation of enterprise financial risk in the overall assessment and points out the existence of the financial risk,and analyzes the causes of the financial risk;the fourth chapter,on the basis of the analysis of the financial risk status in the third chapter,focuses on the measures and achievements of the existing financial risk control in the enterprise;The fifth chapter is mainly about the shortcomings of the existing financial risk control measures for the JH automobile,and put forward some suggestions to improve the financial risk control ability of the enterprises;the sixth chapter is conclusion,summarizes the main research have come to the conclusion and the future research are prospected.Through the study,we believe that the main financial risks of JH automobile are:the risk of financing is at a higher level in the industry,the risk of accounts receivable increases,and the cost and cost risk increases.In order to prevent the financial risk,improve financial risk control ability of the enterprise,put forward the following suggestions.The innovation of this paper is to broaden the connotation of financial risk and adopt the method of comparative analysis and the combination of quantitative and qualitative analysis in the analysis.It is hoped that this research can help escort the development of JH automobile,and also provide a reference for similar enterprises to think about how to control financial risk more effectively.