Research On The Financial Risk Evaluation Of C Company Based On The Efficiency Coefficient Method

In recent years,China's economy,science and technology have made great progress,and the development of automobile manufacturing industry has steadily improved.However,due to the influence of national policy and market factors such as oil price,material price and competitors,the development of automobile manufacturing industry is facing tremendous pressure.As the pillar industry of China's economic structure,automobile manufacturing industry is based on the production of automobile parts,and its core is the whole vehicle manufacturing.The automobile manufacturing industry chain goes up to the automobile parts manufacturing industry,down to the automobile related financial industry and service trade.Therefore,for the automobile manufacturing industry,the research on its financial risk management is particularly important.For enterprises,the biggest risk is financial risk,which is also the most urgent problem to be solved by most enterprises in China.But if we do not deeply analyze financial risks and carry out effective financial risk assessment,and then actively take defensive measures,thus causing enterprises into financial difficulties.Enterprises should conduct in-depth analysis and Research on financial risks according to their own operating conditions,so as to formulate a set of long-term financial risk assessment methods,so as to effectively prevent and control the financial risks of enterprises.This paper chooses C Automobile Manufacturing Company as the research object.Firstly,it uses the financial statement analysis method to analyze the risk assessment.It chooses the corresponding indicators from four aspects: financing,investment,operation and development.According to the evaluation results,we can get the current operating status and financial risk of C Company,and make an analysis and summary of the shortcomings and causes of the current evaluation methods.Then we design a financial risk evaluation method based on efficiency coefficient method for C company,select several alternative financial indicators from financing risk,investment risk,operation risk and development risk,and use principal component analysis to reduce the dimension of the alternative indicators,retain the ten most representative financial indicators with low correlation,and rotate the components to get the weight of each indicator.Combined with the improved efficiency coefficient method,the evaluation index of individual index,the evaluation index of each risk group and the comprehensive evaluation index are calculated,and the method is compared with the current financial risk evaluation method to verifywhether the method is more reasonable and effective.Finally,the paper puts forward specific safeguard measures to control the financial risk of C company,to ensure the smooth operation of the financial risk evaluation method based on efficiency coefficient method,in order to help C company better operate and develop healthily,and to provide reference for other automobile manufacturing industry.