Research On The Financial Risk Of Short-Term Financing Bond-Based On W Company

With the rapid development of China’s social economy,In the process of continuous reform and improvement of the financial system,The development prospects of the bond market have received wide attention,At the same time short-term financing bills came into being.The emergence of short-term financing bills has opened up a new way for Chinese enterprises to finance,Reduced corporate finance costs,Which is conducive to alleviating the financing problems of private enterprises,therefore,Short-term financing bonds in the issue period and scale are showing rapid growth.But the risk also comes with,especially financial risk,Such as 15 years of Northeast Special Steel and 15 Sichuan coal and other default events have caused the market panic,On the capital market and society had a huge impact.The financial risk of short-term financing bonds is analyzed in detail and the corresponding control suggestions are put forward,Help to enhance investor awareness of investment risk prevention,And help enterprises to prevent and control the financial risk of short-term financing bills.So that short-term financing bills can better serve the enterprise while protecting the interests of investors,Studying the financial risk of short-term financing bonds is also beneficial to maintain the healthy and orderly development of short-term financing bonds market.This paper is based on the theory of short-term financing bonds and financial risk,The use of theoretical analysis and case studies combined approach,First of all,combing the short-term financing bills at home and abroad research status quo,And then from the issue of the main body,the size and duration of the issue,the issuance of interest rates and other aspects of China’s short-term financing of the development of the status quo and risk,The main factors that affect their financial risks include:enterprise operation and management,corporate debt and market environment in three areas.Finally,based on the W business solvency and operational efficiency indicators of the analysis,The financial risk of W company short-term financing bills is mainly:Debt factors lead to a decline in solvency risk,bad risk caused by poor management,market environment continues to slump and other risks.The following risk control suggestions are given for the financial risk of short-term financing bonds:Recognize the investment to raise funds to prevent short-term investment;control the proportion of debt funds;expand diversified financing channels;strengthen corporate risk prevention awareness.