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Research On Financial Risk Pre-warning Management Of New Energy Equipment Companies In China

Posted on:2021-05-15Degree:MasterType:Thesis
Country:ChinaCandidate:C ZhangFull Text:PDF
GTID:2392330614963740Subject:Accounting master
Abstract/Summary:PDF Full Text Request
The rapid development of the global economy is bound to be at the cost of the rapid consumption of energy.However,fossil fuels,as the main energy source,have low renewability and limited storage.Therefore,various countries have adjusted the energy structure and strengthened the research and application of new energy technologies.Chinese industrial production has a growing demand for energy,which has caused a certain degree of damage to the environment.In order to pursue the strategy of sustainable development,China has formulated corresponding policies to promote the development of the new energy field.However,Chinese new energy technology research started late,the relevant theory and technology is insufficient,and the market is not stable,so the new energy enterprises in the process of business risks increase dramatically.New energy equipment enterprises have the characteristics of high input cost,high equipment cost,high maintenance cost and long-term profit,so the prevention and control of financial risks of enterprises is crucial to the development of enterprises.It is a necessary means to realize the long-term development of enterprises and the stable development of the industry to solve the financial risks caused by financial problems in time.It is necessary to improve the ability to control the financial risks of new energy equipment enterprises.In the view of the macro development situation of the industry and the micro operation level of the enterprises,a reasonable risk early warning and evaluation system should be formulated,which is conducive to improving the enterprise’s risk control ability and realizing the sustainable development of the enterprise.First this paper analyzed the research status of financial risk management,combined with the characteristics of new energy industry in China.From the solvency,profitability,operation,development and innovation five aspects,to identify and analyze the financial risks of enterprises.Analyze new energy industry and then select industry equipment manufacturing enterprises.Based on the actual operation situation of new energy equipment enterprises and the development trend of the industry,an appropriate risk early warning and evaluation system is established,so as to effectively improve the enterprise’s ability to control financial risks and improve the enterprise’s competitiveness in the industry.Secondly,based on the relevant data of 42 new energy equipment manufacturing enterprises in 2018,the entropy method is used to carry out early-warning analysis on the financial risk of new energy equipment industry,and the corresponding conclusion is drawn: the financial risk score of new energy equipment manufacturing enterprises is most related to the enterprise’s operation capacity and future development capacity;New energy equipment manufacturers have higher financial risks in the overall performance in the business process,and there are obvious differences between different regions.Through the Xinjiang Goldwind Science &Technology Co.,Ltd,case analysis from the macro market development situation and the two sides of the micro enterprise management status,against the financial risk assessment,risk early warning and proposes the corresponding solution measures,so as to improve the new energy equipment companies value a financial risk early warning,achieve the long-term development of the enterprise,the industry other enterprise has a certain guiding significance for reference.
Keywords/Search Tags:New energy industry, financial risk, risk pre-warning, entropy method
PDF Full Text Request
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