The Study On Financial Risk Management Of NEEQ Securities Firm Donghai Securities

Since the official development of the NEEQ in 2013,the number of listings of small and medium-sized enterprises has increased day by day.As an important part of the capital market,NEEQ makes up for the incomplete capital market and broadens the financing channels for small and medium-sized enterprises.However,with the increase in the number of listed enterprises,the regulatory requirements have become more and more stringent,and higher regulatory standards have been proposed.For small and medium-sized enterprises preparing to be listed on NEEQ,they are facing more severe challenges.NEEQ not only provides more financing channels for the development of securities companies,but also makes the business model of enterprises more advanced.Securities companies make every effort to seize the precious opportunity for the growth of NEEQ and attach great importance to the development and growth of NEEQ business segment.In view of the characteristics of the securities industry,securities companies need to be more vigilant against potential risks.With the enhanced supervision of NEEQ,securities companies need to fully consider and weigh the relationship between returns and risks before undertaking business and strengthen their own business risk management.It is imperative for securities companies to have a correct understanding of risks of NEEQ listed businesses,establish a business risk assessment system and conduct quantitative assessment of risks.Taking Donghai securities as an example,this paper studies the financial risk of the company in five parts.At the beginning of the paper explained the research background and significance,as well as domestic and foreign literature review,research ideas and methods,paper innovation.Next,the relevant concepts of the new third board platform and listed securities companies are introduced in turn.Then,the basic attributes of financial risk are introduced.The analysis methods of financial risk management are introduced to make sufficient preparation and introduction for the financial risk evaluation in the case discussion.Based on the in-depth interpretation of the actual financial performance of Donghai securities,the latest financial data were collected and analyzed.The single variable was listed one by one for the single risk analysis,and finally a comprehensive evaluation model was established.Then,starting from the actual financial risk performance of NEEQ securities,the author puts forward improvement Suggestions in line with the requirements of The Times,such as fully considering the financial risk when making investment decisions,coordinating the problem of capital supply within enterprises,increasing equity financing,and realizing the integration of financial risk control and daily management.Finally,I hope this paper can provide some reference for the analysis and control of financial risks of NEEQ listed securities companies.