Identification And Prevention Of Financial Risks In Pharmaceutical Enterprises

Companies not only face fierce competition in survival,but also face various unknown risks.Financial risks and operating conditions directly determine the survival and development of enterprises,once the outbreak of risk,will be trapped in the enterprise.Therefore,enterprises should constantly innovate,improve the internal financial management environment and system,improve the ability of financial risk diagnosis and prevention means.Timely identification,evaluation and risk prevention have become important research objects.This article first to the enterprise financial risk and management program for basic research,related theory,a theoretical basis to ridge pharmaceutical industry as the research object,using the survey method,risk of ridge pharmaceutical industry from 2010 to 2018 financial statements of related data and financial indicators analysis,from the financing risk,investment risk,operational risk,distribution,four aspects of the basic situation of the financial risk,based on the basic description of the financial situation analysis ridge pharmaceutical industry faces financial risk.Then,13 financial indicators were selected based on the financial analysis results and the actual situation of ling pharmaceutical,and the importance of weight of indicators was judged by the analytic hierarchy process.Finally,the financial risk evaluation model is constructed by virtue of the efficiency coefficient method,and the risk evaluation is carried out around the current problems faced by yiling pharmaceutical.Finally,according to the current problems faced by yiling pharmaceutical,appropriate Suggestions for improvement are found.In terms of financing,control the debt scale of enterprises;Reasonable arrangement to ridge pharmaceutical liability ratio to minimize the risk of financing.In terms of investment,strengthen capital operation,improve business chain,enhance the market value of the company,and help the company to develop;And around the main business,speed up the capital operation,the introduction of capital market advantage resources;Strengthen the prevention of benefit risks of investment projects.In terms of operation,we will pay attention to the price of raw materials and forecast fluctuations,improve price warning,and ensure sufficient funds to maintain the operation of the enterprise.In terms of income distribution,we should choose an appropriate income distribution system and distribute according to work.At the same time,appropriate distribution,to prevent shareholders,employees enthusiasm reduction.Finally,the establishment of financial risk warning mechanism,as far as possible to reduce the probability of financial risk and loss,promote the steady and sustainable development of the company.This paper aims to provide a rich perspective for peer financial risk analysis and provide reference for similar enterprises to identify and prevent financial risk.