Research On Financial Risk Assessment Of JK Piping Company

For decades,China's economy has flourished and the market economy has been gradually improved,small and medium-sized enterprises in the usher in a huge market opportunities,but at the same time also face increasingly fierce market competition and a more diverse financial risk.JK piping company is a small private enterprises.The main service is the mine pipeline,coalbed methane treatment and application.It is also an integrated high-tech enterprises combine set design,production and sales.This research hopes to JK piping company,this paper analyzes the factors which lead to financial risk,for JK line of the company's management team to provide practical guidance advice,avoid financial risk to JK line to control the financial risks,JK piping company as a whole to enhance core competitiveness to do some meaningful exploration.JK piping company as the research object,This research selects of domestic and foreign relevant literature query method this paper analyzes the principle and method of financial risk evaluation,to judge whether a company's financial risk,from the perspective of combining quantitative analysis and qualitative analysis.Then use the ratio analysis,measured JK piping company financial indicators of analysis,understand the JK piping company main business revenue decline,short-term borrowing more,inventory turnover,accounts receivable collection difficult problems such as inefficient;And found that the use of index system of evaluation method of existing structure is not strict,financial index analysis of the inherent limitation,can't put forward the countermeasures and methods to solve the problem.To avoid the shortcomings of these methods,the article USES the analytic hierarchy process(AHP)construct the JK piping company risk evaluation model of financial risk evaluation model for the empirical study,and using the efficacy coefficient method are analyzed,and the results analyzed the JK piping company financial risk factors,such as the national policy adjustments affect the rising prices of raw materials,the company capital structure is not reasonable to bring debt interest pressure,inventory management and material purchasing plan is not reasonable,accounts receivable collection difficulty,the problem such as management of financial risk prevention consciousness is weak.Through the summary of the causes of risk factors for JK pipingcompany,put forward countermeasures and Suggestions on the above research conclusion to guard against financial risks: first,grasp the safe scope of capital structure,expand the financing way;Second,strengthen the inventory risk management,control the scale of risk.Third,the classification of accounts receivable management,establish accountability mechanisms.Fourth,raises the financial risk consciousness,improve the level of business.Fifth,strengthening the cooperation of the product research and development,reduce the investment risk.Finally,the article overall research content and make a summary,found insufficient and based on this study further exploration direction.