Research On Financial Risk Assessment Of Hengyang TB Company

At present,China’s economy is in a critical period of transition from rapid development to high-quality development.In this context,Chinese companies should pay more attention to their own financial analysis while focusing on their own industrial development,timely prevent financial risks,and promote high-quality development of the company.If Hengyang TB company wants to successfully complete the expected profits of the company,timely control the enterprise risks,and timely understand the cash flow and financial situation of the enterprise,etc.,it is an essential part of the company’s high-quality operation.Financial analysis can achieve the supervision and control of financial indicators.When it is found that there is a financial crisis,timely measures should be taken to resolve the risk and eliminate the crisis.This paper analyzes the target company TBEA Hengyang Transformer Co.,Ltd.,first introduces the general situation and financial situation of TB company,then shows the financial situation from three aspects of capital structure and asset structure,financial situation and financial results,cash flow,at the same time,calculaes the company’s profitability,financing ability,debt paying ability and development ability,andcompares with similar enterprises Ratio.In terms of financial risk assessment,based on factor analysis and Z model analysis,the financial risk of TBEA Hengyang Transformer Co.,Ltd.is analyzed.At the same time,after investigating the basic financial situation of the company,the analysis results of financial risk assessment model are used,combined with financial statement data,the causes of financial risk are mined,and reasonable measures are formulated to prevent the financial risk of TB company.This paper focuses on: first,TBEA Hengyang transformer company’s financial statement analysis;second,TB company’s financial risk assessment;third,financial risk prevention and control measures.TBEA Hengyang Transformer Co.,Ltd.uses data analysis method,literature analysis method and comparative analysis method to correctly analyze the basic situation of financial risk of TBEA Hengyang transformer company in 10 years by using factor analysis model,and analyzes the reliability of risk value data in 2018 by comparing Z model with two similar listed companies,and compares factor analysis model in recent 4 years According to the change trend of risk value of model B and Z-score,it is found that the risk value is higher in 2018,so the risk control system needs to be optimized.