Study On Sheng Yun Cash Flow Management

In today’s economic environment,the smooth flow of cash flow is crucial for an enterprise.Cash flow is the blood for the survival and development of an enterprise.Whether the circulation of "blood" is smooth and the quality of "blood" is good is related to the business destiny of an enterprise.Nowadays,more and more enterprises have changed the previous wrong idea of focusing only on profits and shifted the focus of enterprise management to how to effectively manage cash flow.The good operation of cash flow is the continuous source of power for the development of an enterprise,which shows a good spirit of an enterprise.At the same time,when the enterprise has capital demand for production and operation,it can also quickly raise funds to support the development and growth of the company.In recent years,with the rapid development of China’s economy and the improvement of people’s life,a variety of environmental problems have been derived.Industrial and household wastes are increasing continuously.The state vigorously advocates the development of circular economy and popularizing its concept in the society.As an environmental protection enterprise mainly engaged in waste incineration and power generation,Sheng Yun environmental protection is also facing opportunities and challenges from the society.Therefore,it is of great importance to do a good job in the study of cash flow management and make a certain contribution to the environment while ensuring the healthy development of the enterprise.Based on the research on cash flow management at home and abroad,this paper analyzes and summarizes the relevant theories of cash flow and its management,grasps the evaluation standards and research methods of cash flow management,and analyzes the cash flow management of Sheng Yun based on its environmental protection cash flow.This paper introduces the general situation of lofty environmental protection first,and then combined with the recent five year’s annual report data and related accounting documents,from operating,investment and financing analysis in three aspects: the company’s cash flow situation,the quality of the structure of cash flow and cash flow velocity is a comprehensive and systematic analysis,calculation of relevant indicators and analysis of enterprise’s solvency,profitability and ability to now,at the same time selected indicators compared with enterprises in the industry,through the above analysis found that lofty green in cash flow management,such as unreasonable structure of cash flow,poor quality of operating activities cash flow,investment,there is a big risk,debt service pressure and a series of problems,If it is not improved,it is bound to affect the continuous operation of the enterprise.Specific analysis of the causes of these problems and the corresponding improvement measures are put forward to avoid operating problems such as inability to repay maturing debts and capital flow rupture of Sheng Yun environmental protection,so as to help improve the operating status and promote its sustainable and healthy development.