"One Belt And One Road" Plate Listed Companies Financial Risk To Financial Research On The Influence Of Performance

"One Belt And One Road" initiative since 2013,its concept stock plate "One Belt And One Road" plate of the cumulative increase in the major plates among the best,and has attracted attention from all sides.As one of 211 listed companies in the sector,China Railway is undertaking the important task of "going global" in China’s infrastructure construction.By 2018,China railway had set up 120 overseas institutions in 38 countries along the One Belt And One Road route,with a record number of newly signed projects and projects under construction.With excellent business results comes risk,and the importance of quality development must be taken into account while emphasizing quantity.The assumption of financial risks may lead to changes in financial performance.Therefore,in this case,financial risk and financial performance are worth studying,and the influence of financial risk on financial performance also deserves more attention.Firstly,this paper studies the management mechanism and process of financial risk and financial performance by studying relevant institutional documents of China Railway Corporation.Secondly,through the study of the past literature,summarized and determined the indicators related to financial risk management and financial performance management;Again after a deep understanding of relevant indicators,this article USES the relevant data of listed companies "area" plates,by leastsquares regression method for screening of financial risk indicators as independent variables,choose economic added value method to calculate the financial performance indicators as dependent variable to construct support vector machine(SVM)regression model to study the relationship between them.After the model is verified by the data of the listed companies in the "One Belt and One Road" sector and the case of China Railway,the existence of the relationship between them is confirmed.Finally,after the existence of the relationship between the two is determined,the method of control variables is used to reclassify the risk indicators and then the method of control variables is used to determine the influence of specific risk factors on financial performance.According to the corresponding influence,the strategies of intervening risks and improving performance are proposedAccording to the research and analysis of this paper,first of all,China Railway has a sound mechanism in financial risk management,but it lacks thorough implementation.In the financial performance management also exists the scientific nature and the defect coexistence phenomenon;Secondly,least-squares regression and Eva can be well applied to the screening of financial risk indicators and the determination of financial performance indicators in the "Belt and Road" sector.Thirdly,the support vector machine model constructed with financial risk indicators and financial performance indicators can prove the existence of the relationship between them,and can be verified by the "One Belt And One Road" plate and the case data of China railway corporation.Finally,in terms of the specific impact of financial risk factors on financial performance,three types of financial risk factors of China Railway Group are determined through reclassification: liquidity risk,scale risk and management risk.Liquidity risk and financial performance are positively U-shaped.Scale risk is positively correlated with financial performance.Among managerial risks,there is an s-type relationship between revenue management and financial performance,a positive correlation between cost management ability and financial performance,and an inverted U-type relationship between cash flow management ability and financial performance.According to the above conclusions,this paper puts forward Suggestions for China Railway Financial risk and financial performance management.Financial risk management,improve the mechanism,timely intervention risk;In terms of financial performance management,while improving the mechanism,enterprises should actively deal with identified financial risks so as to improve their performance.