Research On The Financial Risk And Prevention Of CT Group

Since the Reform and Opening,the state-owned enterprises in our country have continued to grow and expand,firmly occupying the dominant position,more and more state-owned enterprises have developed in a direction of grouping,internationalization,and diversification.With the development of state-owned enterprises,their complex management structure and weakened risk control have accumulated many potential risks.Since 2015,the central government has vigorously promoted the comprehensive deepening of the reform of state-owned enterprises,divided the state-owned enterprises into commercial and public welfare categories,classified and implemented the reforms,and tried to solve the historical problems of state-owned enterprises,accelerated the transformation and upgrading,so that the state-owned enterprises can play a mainstay role in the future economic development of our country.In the face of the reform requirements of the new situation,the state-owned enterprise groups need to carefully examine their own complex characteristics,distinguish the existing various financial risks and take effective measures to prevent problems such as financing difficulties,debt overdue,capital chain rupture,and even bankruptcy.It is extremely imminent to find risks,prevent risks and accelerate transformation.Starting with the basic concept,range of definition and main features of the state-owned enterprise group,this paper draws on the related definitions of the connotation and classification of corporation financial risks,and puts forward the main financial risks faced by the state-owned enterprise groups.At the same time,in light of the financial characteristics of state-owned enterprise groups,this paper applies the relevant research theories of financial risk detection,measurement evaluation,and prevention and response to thoroughly analyze the comprehensive state-owned enterprise group CT Group,and combines its basic situation and current situation to find out the existing financial risks.With regard to CT Group's characteristics of both public welfare and commercial business,the paper finds risk from the internal and external envirornmental factors that affect the Group's financial risks,points out the specific performance of the risk such as poor quality of assets,difficulty in debt resolving,and difficulty in fund flow,and specifically uses financial statement analysis to identify risks.This paper selects the targeted financial indicators for risk measurement,and studies the financial risk from three aspects,such as financing risk,investment risk,and capital chain risk and so on,and uses the F scoring model to carry out multivariable comprehensive analysis.After in-depth analysis,finally in light of the financial risk issue,the article combines the actual conditions of the group and based on its advanced experience in transition,it proposes to promote the transformation of enterprises by classification,expand financing channels,strengthen internal control management,innovate business areas,and improve internal supervisory system and other specific risk prevention measures,to achieve controllable risks,transformation and upgrading,and rapid development,and make better contributions to the local economy.This paper aims to provide a method for the financial risk analysis of comprehensive state-owned enterprise groups in the way of dissecting the sparrow,find out the financial risks with certain universality,put forward the risk prevention measures,and provide enlightenment for the reform and transformation of state-owned enterprises.