Research On Financial Risk Assessment Of Xinhai Lian Group

Local government financing platforms played a positive role in stabilizing economic growth during the economic crisis,but their debt problems were gradually exposed due to excessive financing beyond their capacity.Since the first half of 2010,the state council,China banking regulatory commission and other relevant departments have issued notices to regulate the construction of financing platforms and the management of platform loans,prevent and resolve financial risks,and promote and guide the steady transformation and development of local government financing platforms.The financial risk of local government financing platforms is not only related to the country's economic stability,but also related to the control and prevention of regional financial risk.To evaluate the financial risk of the local government financing platform for national regulators regulatory policy to provide relevant theory and empirical analysis basis,is advantageous to the local government financing platform to prevent potential financial risk,speed up the transformation,and improve the overall competitiveness of local government financing platform,promote regional economic growth.Therefore,this article on the basis of existing research results at home and abroad for reference,and aiming at the shortcomings of the existing research,on the relevant theories of financial risk and the local government financing platform are summarized,after analyzing the industry of the local government financing platform,and in jiangsu new sea even development group co.,LTD.,for example,to analyze its business and business model,the SWOT analysis.At last,the financial risk of xinhai company was evaluated through the analysis of financial statements and the f-score model method,and the financial risks of xinhai company were summarized.The evaluation results show that jiangsu xinhailian development group co.,ltd.does not have overall financial risks at present and can continue to survive,but some potential financial risks cannot be ignored.The company is weak in long-term debt paying ability,relies on the government project greatly in investment ability,and the business efficiency of the company grows slowly.Operating cash flow and investment cash flow are in poor condition.The company undertakes many local public welfare projects with weak profitability and lack of sustainable development capacity.At the end of this paper,the preventive measures for solving the potential financial risks of xinhai Lilian group are proposed,which also have reference and application value for other local government financing platforms.