Research On The Financial Risk Assessment System Of BDH Company

China's agricultural enterprises have shown a rapid expansion and development trend,but there are many risks in the process of scale expansion,among which financial risks have the greatest impact on the survival and development of the company.In the financial risk management activities,financial risk assessment is the most important component.Only when the company assesses the current financial risks in a timely and accurate manner can it identify and control the financial risks.BDH suffered major financial risks in 2012 and 2013,suffered continuous losses,and nearly withdrew from the market.In order to prevent BDH from recurring financial crisis,the company should establish a complete financial risk assessment system.This article takes BDH company as the research object,refers to the research results of a large number of domestic and foreign scholars,through the investigation and research method to understand the status quo of BDH company's financial risk assessment system,analyzes its existing problems,and then builds the BDH company's financial risk assessment system and applies it.This verifies the effectiveness and advantages of the new system.First of all,this article analyzes the current status of BDH's financial risk assessment system,and its risk identification and analysis methods are carried out from four aspects: financing activity risk,investment activity risk,business activity risk,and other risks,based on the company's financial statements and financial statements for the past six years.The ratio is comprehensively analyzed and compared with the average value of the same industry.Finally,the risk of the company is comprehensively judged according to a combination of quantitative analysis and qualitative analysis.After the above analysis,it is found that the evaluation system has problems such as low efficiency of the evaluation process,unscientific selection of indicators,unreasonable evaluation criteria,and inaccurate evaluation results.Then build a new financial risk assessment system for the BDH company.The construction process is based on its design goals,selects financial risk assessment indicators based on the company's financial risk status,determines the weight of indicators based on the analytic hierarchy process,and processes indicators based on the efficacy coefficient method.The implementation rules for comprehensive performance evaluation of central enterprises divide the risk level.Finally,based on the new financial risk assessment system,we condu cted a comprehensive assessment of the financial risks of the BDH company and conducted comparison analysis with the old system,clarifying that the selection of new method indicators is more reasonable,the evaluation process is more efficient,the evaluation criteria are more reasonable,and the assessment results More accurate and other advantages,and give the corresponding safeguard measures to apply the new system.The financial risk assessment system studied in this paper has certain reference value for BDH company,and also provides reference for other agricultural companies' financial risk assessment.