Research On Financial Risk Assessment And Prevention Strategy Of Haisco

The financial risk is one of major risks faced by enterprises.The evaluation study on the corporation financial risk is good for managers to mitigate risk,gets the long-term development chance for enterprises,and reduces losses of economic benefits.In recent years,with the intensification of aging population and constant improvement on health concentration,the medicine industry meets with the new developmental climax.Numerous small and medium-sized enterprises indulge themselves in the pharmaceutical manufacturing industry.On the one hand,development tendency of market economy mobilizes positivity of corporate development.On the other hand,it intensifies fierce competition between enterprises.As a result,it is extremely important to study prevention of the corporation financial risk.With the increase of financial risk sensitivity,reinforcing preventive study on financial risks becomes one of the most important risk management contents in pharmaceutical industry.The pharmaceutical industry is featured with high investment,high risk and high yield,thus operation management process of pharmaceutical industry faces up with high financial risk.The evaluation study on the corporation financial risk can provide the reliable theoretical basis for corporate risk management.The author introduces the research status of domestic and overseas financial risk,analyzes shortcomings of financial risk study in China,absorbs the advanced theoretical knowledge,and combines with the improvement suggestion on financial risk status of domestic enterprises.By taking Haisco as an example,this enterprise is a modernized pharmaceutical group with the core of new drug development,gets involved in each process of production,operation and sales.The author conducts the financial index analysis of Haisco in recent five years,conducts the longitudinal corporation financial risk and influence factor analysis from financing,investment,operation and growth,and constructs financial risk evaluation index system of Haisco.Based on analytical results,the author combines with Entropy weight Topsis analysis method to comparatively analyze financial risk evaluation results of Haisco and evaluates the industry status situation.According to financial risk analysis and evaluation,the author deeply explores the financial risk cause and proposes the preventive strategy for Haicso financial risk with pertinence and feasibility.