Financial Risk Assessment Of Yibin Wuliangye Co.,Ltd.

With the continuous development of China's economy,the competition among enterprises is becoming more and more fierce.At the same time of increasing competition,enterprises are prone to financial crisis.Therefore,in the complex and changeable market competition,enterprises should pay active attention to financial risks,use scientific methods to evaluate and analyze financial risks,and take timely measures to reduce risk.In the history of China for more than 5,000 years,liquor plays an important role.The2002-2012 is the golden age of the development of liquor industry,but later liquor enterprises because of the tightening of national policies,the macro environment of the market and other influences,there are some financial risks.Facing such market changes,liquor enterprises need to adjust the direction of development quickly.This requires liquor enterprises to evaluate the risk,through the analysis of financial data,to find out the possible financial risks,and in the first time to put forward corresponding countermeasures for each risk,to the greatest extent to make corresponding precautions,to ensure the healthy development of liquor enterprises.This article will consider Yibin Wuliangye Co.,Ltd.as a case enterprise,combined with the nature of the liquor industry characteristics,case company production and operation Situation,from the company's official website and SINA Finance and economics and other websites selected the 2013-2017 years of financial data and other information,the use of analytic hierarchy process,efficacy coefficient method and expert scoring method to build a financial risk analysis model,and make reasonable suggestions according to the analysis results.Based on the actual situation of Yibin Wuliangye Co.,Ltd.,firstly,starting from the basic theory of financial risk and financial risk assessment,this paper makes a concrete analysis of the current situation of financial risk of Yibin Wuliangye Co.,Ltd.from two aspects,both horizontally and vertically.Secondly,in the financial risk assessment of Yibin Wuliangye Co.,Ltd.fully combined with the characteristics of the liquor industry and Yibin Wuliangye Co.,Ltd.'s own specific situation,from two aspects of financial indicators and non-financial indicators to the financial risk of Yibin Wuliangye Co.,Ltd.to carry out a comprehensiveevaluation.In the comprehensive evaluation,the analytic hierarchy process is used to determine the weight of each financial index and non-financial index,and then the improved efficiency coefficient method and expert scoring method are used to determine the risk evaluation index of financial index and non-financial index respectively.Then according to the financial indicators and non-financial indicators of the weight of the comprehensive results of Yibin Wuliangye Co.,Ltd.,the current financial risk level is low.The thesis is divided into six parts: the first part is the introduction,which expounds the research background and significance of the thesis,reviews the research on the theory and model construction of financial risk by experts and scholars at home and abroad,and makes a comprehensive evaluation of the research results,which provides a theoretical reference for the subsequent thesis writing.In addition,there is a description of the content and methods of the paper research,innovation points.The second part is an overview of the relevant theories of financial risk assessment,which first introduces the connotation of financial risk assessment,then refers to the analysis methods used in this study,namely analytic hierarchy process,efficacy coefficient method and expert scoring method,which provides method support for the risk assessment of Yibin Wuliangye Co.,Ltd.The third part is the horizontal analysis of the financial situation of Yibin Wuliangye Co.,Ltd.,which is mainly from four aspects of solvency,operation ability,profitability and development ability.Part IV,the construction model of Yibin Wuliangye Co.,Ltd.Financial risk.After the selection of financial indicators and non-financial indicators,the index weight is determined based on AHP,then the evaluation standard values of financial index and non-financial index are obtained according to the effect coefficient method and expert scoring method,and then the indexes are calculated and analyzed,and the financial risk assessment results of Yibin Wuliangye Co.,Ltd.are finally obtained.The fifth part is the recommendation,that is,according to the results of the previous assessment of the financial risk of Yibin Wuliangye Co.,Ltd.,from several aspects of targeted countermeasures.It is hoped that a reference could be provided for the operators,creditors and shareholders of Yibin Wuliangye Co.,Ltd.to make decisions through the analysis of this paper.It can also be of some guiding significance to the production and management decisions of other liquor enterprises.