Management Research On The Financial Risk Analysis Of Chang’an Automobile Company

The emergence of financial risk is closely related to the survival and development of the enterprise.It is not only caused by the external environment,but also due to the poor management of the enterprise.It is one of the risks that any enterprise can not avoid,and it is also the content that management needs to control most.In this paper,a case study is adopted to analyze and analyze the financial risk of Chang’an automobile on the basis of the related theories and processes of financial risk management and the analysis of the overall situation of the automobile manufacturing industry.The financial risk of the automobile in Changan is identified,analyzed and controlled through the selection of the financial data of the case enterprise,the automobile in Chang’an.The financial risk analysis of Chang’an automobile is carried out from four aspects: financing risk,investment risk,capital recovery risk and profit distribution risk.In four aspects,the relevant financial indicators are selected for risk identification,and the financial risk is analyzed through the Z scoring model and the F fractional model,and the risk is not significant.Then,according to the understanding of the enterprise,we get the following problems: first,in the last two years,the enterprises have made a large amount of financing to realize the high cash dividend policy,which leads to the weak solvency of the enterprises;two is that there is a big increase in the inventory and accounts receivable money compared with the earlier period,which leads to the increase of the risk of capital recovery;and the three is due to the production.The lack of product planning capability leads to less competitiveness.Four,there are some deficiencies in the structure of shareholders’ checks and balances,and the publicity of financial risks is not in place.Finally,the paper puts forward solutions and improvement measures according to the actual situation of enterprises,so as to ensure that enterprises have the ability to resist risks.The research is conducive to promoting the recognition,analysis and response ability of Chang’an automobile to enhance its risk.At the same time,this paper also has certain reference value for the financial risk management of a single automobile manufacturing enterprise similar to Chang’an automobile.