Research On Financial Risk Of Coal Mine Integration Project Of Qinhuangdao Energy Company Of Zhongmeikegong

With the rapid rise of our country's economy,Coal as one of the main energy sources,its industry has achieved good development.Meanwhile,the shortcoming of concentrated use but scattered market production is increasingly prominent.In order to regulate the development of coal industry,since 2013,Qinhuangdao energy company has acquired many coal mine resources and carried out reconstruction and expansion through mergers and acquisitions.The process of coal resource integration has the characteristics of long-term and complicated construction,which causes many difficulties for enterprises in the process of expansion,makes it inconvenience to the actual operation of integration,and brings unexpected management risks.Among them,financial risk is an important risk type,which can directly affect the integration effect.Therefore,how to carry out the financial risk management in the process of coal resource integration is very important to the effect of resource integration.Fristly,it expounds the related theories of financial risk management,including the connotation of financial risk,the theory of financial risk identification and evaluation,then it describes the coal mine integration project of Qinhuangdao Energy Company and the existing financial problems in the integration process,and combins the risk theory with the practice of the coal mine integration project of Qinhuangdao Energy Company.By using the financial risk identification theory,this paper identifies the financial risk in the coal mine integration project of Qinhuangdao Energy Company.Secondly,it combines the financial risk evaluation theory with the coal mine integration project of Qinhuangdao Energy Company,and evaluates the financial risk in the coal mine integration project of Qinhuangdao Energy Company.Finally,according to the results of risk assessment,it putsforward corresponding suggestions and safeguards.Through single-variable factor analysis,multivariate early warning model and financial statement identification method,this paper identifies and evaluates the financial risk of the coal mine integration project of Qinhuangdao Energy Company.Based on the risk identification theory,this paper holdsthat there are three stages of the coal mine integration project of Qinhuangdao Energy Company,namely,integration decision-making stage,transaction execution stage and integration stage after coal mine merger.During the three period,value assessment risk and financing risk are high,there is also a certain risk of payment,the integration risk after the merger should also be paid attention to.