Research On Financial Risk Control Of M New Energy Company

In recent years,in an environment of diversified markets,all walks of life are facing a severe situation,and the intensification of competition has led to an increasing possibility of financial crisis in many enterprises.The most essential trigger of the financial crisis is still the financial risk of the company.In order to be able to detect financial risks in the first place and quickly develop effective control measures,the company must increase its emphasis on financial risks in its business activities.If a company wants to reduce its financial risks,it needs to grasp the operation of funds so that the funds of the company can run smoothly.As a new industry in China,coal-bed methane enterprises rely excessively on policy support in the process of CBM development projects,and many systems are not yet sound,and the development foundation of the whole industry is weak.Therefore,this paper will start from the perspective of financial risk,and study the effective ways to control and prevent the financial risk of coal-bed methane enterprises.This paper selects M New Energy Company as the research object.M New Energy Company is one of China's coalbed methane enterprises and faces various financial risks in the development process.The company's development in the past few years has been hindered.The reason is that financial risks havegreatly affected the solvency,operational capability,profitability,development capability and cash flow capacity of M New Energy Company.This will cause the company to fall into financial difficulties at any time.The company has realized the importance of controlling financial risks.At this stage,an effective method is needed to accurately and scientifically evaluate risks.After the evaluation is completed,it is targeted to control,so that the company can get out of the predicament and achieve long-term development.First of all,familiar with and master a series of theoretical knowledge about financial risks,in the analysis of M New Energy Company's financial risk status based on five perspectives of solvency,operational capability,profitability,development capability and cash flow capacity,horizontal and vertical Different angles to find out the problems of the company.Secondly,select the financial risk indicators suitable for the industry characteristics and development stages of M New Energy Company,and design the financial risk evaluation index system for the company from five levels.Then choose the analytic hierarchy process to scientifically and accurately assign reasonable weights to each indicator.Next,the efficacy coefficient method was used to determine the risk evaluation value of the financial indicators.Finally,the score of the financial risk of M New Energy Company was 71.40,which was moderate risk.Finally,specific measures to strengthen the financial risk control of the company were proposed for the identified financial risks.The index system designed in this paper is mainly to provide scientific and effective basisand ideas for M New Energy Company to analyze and control financial risks,and also has certain reference value for other enterprises in the same industry.