An Analysis On The Debt Financing Risk Of Nanchang Municipal Public Group

In recent years,with the rapid development of economic globalization,if enterprises want to highlight themselves in the market competition,they must improve their economic strength and comprehensive strength.The smooth operation of enterprises' business activities and the improvement of their own production capacity are inseparable from the escort of financing activities.To maximize the benefit of financing requires enterprises to arrange financing methods rationally.However,benefits often coexist with risks.The financing methods we use include debt financing and equity financing,which bring operating income in the financing process and a series of market risks.When enterprises are in the process of preventing financing risks,they will inevitably encounter problems such as not timely prevention and control,implication of financial risks,and imperfect internal control.If these problems are not solved,they will easily lead to post-financing problems of enterprises and even endanger the sustainable development of enterprises.This article selects the Nanchang municipal utilities holding group of debt financing risk as a case,through the investigation and analysis of data to find out the Nanchang municipal utilities holding group in the process of debt financing problems,and according to the specific problem,in-depth analysis the reasons of the problems,put forward the financing risk prevention recommendations: the maximum disclosure between related subjects;Assess currency movements in advance;Control liability type structure;Integrate business segment;Strengthen the management of working capital;Raise the awareness of risk prevention and control.Nanchang Municipal Public Utilities Holding Group is a large state-owned enterprise in Jiangxi Province.The group operates urban public transportation,gas,real estate and investment,etc.It has a wide range of business operations and a large scale of financing,so the financing risks faced by the enterprise are researchable.This article is going to set out on the basis of finance theory,combined with the practice of financing,the debt of the Nanchang municipal utilities group tries to make clear to financing,a quantitative analysis for each item of debt financing,thus find out the problems existing in the process of the group's debt financing and its reasons,finally sums up the countermeasures and Suggestions of reducing the risk of debt financing.The research on Nanchang Municipal Public Holding Group is not a single case study.The ultimate purpose of this paper is to hopethat this typical case study can be applied to more similar enterprises.The performance and causes of debt financing risk are universal,so we can generalize and even find out the common problems of the whole industry.Therefore,taking Nanchang Municipal Public Holding Group as the research object can give some enlightenment to the debt financing risk prevention of large state-owned enterprises in Jiangxi province.