Research On The Management And Financial Risk Prevention And Control Of Sansheng Co., Ltd. Based On The Leverage Theory

China's macroeconomy is undergoing adjustments.Market volatility has brought a lot of uncertainty to the enterprises.Many enterprises do not have sound risk control mechanisms internally.This poses a great challenge to Chinese enterprises.The use of leverage theory to evaluate the company's operating risk and financial risk,and then risk prevention has important practical significance.In this paper,we take Sansheng Shares as the research object.By combing the related concepts of risk,risk management theory,leverage theory and so on,we use the case analysis method to analyze the current situation of Sansheng Shares and explore the existing problems of Sansheng Shares in operating riskand financial riskmanagement.And according to the problem given solution.The results of this paper show that the operating leverage of Sansheng Shares is larger and the financial leverage coefficient is less than the average of the same industry.The combined leverage is slightly higher due to the combined effect of operating leverage and financial leverage.The overall risk of the company is high,and risk management has some problems.The main business risk is caused by the higher fixed operating costs.In addition,the short-term solvency of Sansheng Shares is insufficient,the asset turnover is slow and the capital structure is irrational,which also brings risks to the Company.This article gives the strategy of Sansheng Shares to prevent and control risks.Sansheng Shares should raise risk prevention awareness of all employees as soon as possible,establish risk management and control system,optimize risk management and control process,optimize financial structure and finally establish perfect financial risk Identification and early warning mechanism.This article is divided into seven parts.The first part,combined with the current economic development in China,puts forward the research questions,reveals the significance of this research,introduces the contents and structure of the research,and expounds the research ideas and methods.The second part,Introducing the relevant concepts of lever theory,combing the relevant literature and conclusions at home and abroad.The third part uses the financial ratio analysis method to analyze the risk status of Sansheng stock.The fourth part of the use of leverage theory and Z-score model to calculation and evaluation of the SAM shares nearly three years of risk,and compared with the average level of the industry.The fifth part uses leverage theory to analyze the risk causes of Sansheng share.The sixth part puts forward the SAM company risk prevention and control program and protection measures.The seventh part is based on the results of the study to summarize the limitations of the objective evaluation study and put forward some suggestions for improvement.