Research On Financial Risk Control And Optimization Of J Packaging Company

With the rapid development of the socialist market economy in China,China's manufacturing industry has been in the stage of structural adjustment and upgrading,and the consumption capacity of residents is increasing gradually.The demand for consumer goods and related corrugated cartons is gradually increasing.At the same time,the requirements of consumer's environmental protection are raised and the packaging industry is added.The pace of transformation is to cater for the current environmental requirements.At present,China has developed into the second largest demand and production country for corrugated boxes after the United States.The demand for corrugated boxes continues to grow.As a company in the corrugated carton industry,J company is based on the production and sales of the medium and high grade corrugated cardboard boxes for packaging.In the process of the gradual development of the industry,a series of problems have been revealed gradually.From the financial data of the last three years and the company's management situation,the financial risk of J company is facing.Step by step.Therefore,the study of J company financial risk control,not only to adapt to the needs of the current competitive environment,but also for other types of enterprise financial risk control to provide experience for reference,and enrich the theoretical research in the industry,it has important practical and theoretical significance.Based on this,this paper makes a major research on the financial risk of J company.First,it analyzes its operation status from its main business structure,and identifies the financial risks it faces,and then evaluates the financial risks faced by J company.On the basis of the financial risks faced by J company,this paper further analyzes the reasons for the existence of J company in controlling financial risk,and finds that there are four reasons for it,that is,the defects of the financial risk control system,the single internal control mode,the lack of regulation and control of the capital structure,the immobility of the financing audit process,and the liquidity.Lack of risk management,poor control of client funds,lack of feedback in budgetary management and inadequate internal supervision.In order to minimize the financial risk level of J company to achieve its maximum profit,this paper puts forward some suggestions to reduce the risk through the use of asset liability theory and comprehensive risk management theory to control the financial risk of J company.First,to strengthen the construction of the financial risk control system and strengthen the internal control;second,to optimize the capital structure arrangement,complete the financing process;third,improve the flow of cash flow control,effectively promote the return of customer funds;fourth,the establishment of the budget management system,strengthen management and supervision.Through these four suggestions,reduce the financial risks faced by J company,and ultimately ensure the sustained and healthy development of J company.