Research On Financial Risk Management Of S High Carbon Material Company

With the continuous reform of the market system,the rapid development of the globalization of the world economy and the acceleration of industrialization have ushered in an unprecedented period of rapid development in all walks of life in China.As enterprises develop rapidly,they will inevitably face many financial risks.If enterprises do not take financial risks seriously and take no measures to control financial risks,they may lead to serious financial crisis and even bankruptcy.As the basic raw materials industry,the development of carbon industry has a crucial influence on the country.However,in recent years,due to the sharp increase in the price of raw materials and the increase of domestic environmental inspection,the operation of the company has also been depressed and is at a critical stage of survival.This thesis discusses the financial risk management by comparing and summarizing the relevant researches on financial risk management and understanding the development process of financial risk management.From the related theory and concept of enterprise financial risk,this paper analyzes the factors that affect the financial risk and the related procedures of financial risk management.The financial risk management process of general enterprise is the identification,evaluation and response of financial risk.Based on the S high carbon materials company as the research object,combined with the industry characteristics of the carbon industry,through the analysis of S high carbon material company of 2012-2016 financial data,combined with related financial indicators,identify the financial risk from four aspects:financing risk,investment risk,operational risk capital and income distribution risk.In terms of financial risk assessment,this paper selects the financial indicators used in the identification of the four risk categories mentioned above,adopts the analytic hierarchy process to determine the weight,establishes the risk evaluation system by combining the efficiency coefficient method,establishes the financial risk level of the enterprise,and finally makes Suggestions on the company's financial risk response based on the above analysis.Through this research,the financial risk of S high carbon material compan-y is put forward some pertinent suggestions:Increasing the diversification of financing channels and maintaining the rationality of the debt scale;Improve the management efficiency of inventory and receivables;Improve shareholder confide-nce by improving current development capacity and subsequent income distribt-ion management;The company should improve its adaptability to external envir-onment changes,grasp the future development trend of the industry and make timely adjustment;Finally,the company should enhance the consciousness of fi-nancial management.The conclusion of this paper not only has certain guiding significance for S high carbon material company,but also has some reference value to the company of carbon industry.