Research On Financial Risk Management Of XINJIANG CHALKIS CO.,LTD

Food processing industry,as the basic industry of the country,has always been an indispensable part of China's economic development.The raw materials of food are mainly animals and plants,and they are agricultural and sideline products.Therefore,the food industry has a close relationship with agriculture(including agriculture,forestry,animal husbandry,by-products and fishery).Most of the agricultural and sideline products are perishable products.If processed in time after harvesting or fishing,the loss of raw materials can be greatly reduced and the food supply can be increased.Extend the supply time.But in the current market environment,with the increase of food processing enterprises,enterprise competition is becoming increasingly fierce,which has brought a series of risks to food processing enterprises,including greater financial risks,with the gradual emergence of financial risks,constantly affecting the survival and development of enterprises,financial wind.Risk is also a hidden and destructive risk in business risk,so once the risk occurs and is not controlled,the consequences can not be imagined.Therefore,it needs to arouse the attention of business managers,and the prevention and control of financial risk becomes more urgent.In this paper,financial index analysis,financial risk early warning model method and F-score model are used to calculate and analyze the financial situation of New China Foundation from 2013 to 2018 in detail from the perspective of broad financial risk,and the current situation of New China Foundation is identified from five aspects: financing,investment,operation,inventory management and liquidity.The existence causes the enterprise financial risk to increase.There is a contradiction between supply and demand of capital in the operation of the company,such as single financing method,high proportion of short-term liabilities,over-reliance on foreign markets,great influence by exchange rate changes,insufficient attention to the management of cash flow,large inventory,low inventory management level,etc.According to the above problems,the paper puts forward some measures to solve the problems,such as choosing suitable financing methods,optimizingshort-term debt structure,properly expanding domestic market,reducing exchange rate impact,timely and reasonable transfer of investment risk,strengthening the management of accounts receivable,strengthening the management of cash flow,and formulating finance.Business risk early warning system,reasonable establishment of enterprise inventory,timely disposal of inventory commodities,establishment of liquidity risk management mechanism,strengthening the construction of financial risk management personnel.This paper aims to analyze and study the financial risk management and financial risk prevention and control measures,which is the key to the healthy and sustainable development of enterprises.Through the analysis of the types and causes of the financial risks of enterprises,we can fully understand the problems and risks faced by the financial development of enterprises,which has a certain guiding significance for the future practical work.