Study On Financial Risk Control Of CQ Iron&Steel Corporation

China's market economy development speed faster,at a market economy fast lane of development enterprise,and an accompanying appear all kinds of financial risk,and increased the enterprise in the long-term development of a variety of adverse factors,how to avoid financial risk is the primary problem in enterprise management,the enterprise development is undoubtedly a threat,this makes our companies also have to keep up with the pace of The Times,product constantly updated,only to survive in the environment to the enterprise in order to better survival to kill off any one can threaten a risk factor for enterprise development,as one of the most important one is financial risk.Undertake effective prevention to financial risk and management method are primary job.If an enterprise fails to make timely adjustments and improvements after the occurrence of financial risks,it will greatly increase the possibility of financial crisis,thus restricting the long-term development of the enterprise to different degrees.Steel industry is the pillar industry of China's national economy.It supports the operation and development of China's industry,agriculture,transportation industry,national defense industry and many other industries.In 2008,a global financial storm swept through,China's steel industry was affected,enterprises encountered a lot of risks,financial risk is the most.Steel enterprises mainly appear unreasonable structure of the industry,increasing,capital planning imbalance and other problems.These problems again and again to steel enterprises issued the survival and development of the extreme challenge,China's national economy is also in the steel industry turmoil.This paper takes CQ steel company as the research object and studies its financial risk management and control.The paper is divided into six parts.The second part is the relevant theoretical basis and literature review,mainly elaborated the financial risk related theory and literature review;The third part is the introduction and general situation of CQ iron and steel co.,LTD.,mainly including the company profile,and the comparison and analysis of financing risk,investment risk and operational risk;The fourth part is the financial risk evaluation of CQ steel company,which mainly includes the establishment of the financial risk evaluation index system,the construction of the financial risk evaluation model and the analysis of the application results of the model.The financial index of CQ iron and steel company was selected and the financial risk was comprehensively evaluated by factor analysis method.The results showed that CQ iron and steel company had problems such as low return on investment,poor liquidity of assets and low profit rate.The fifth part is the financial risk control countermeasures of CQ iron & steel co.,LTD.,mainly putting forward investment risk control measures,investment risk control measures,operation risk control measures and market risk control measures.The sixth part is the conclusion and prospect.It is hoped that the research results of this paper can enable CQ steel company to effectively control financial risks and achieve better profits in the fierce market competition.Through the systematic study and analysis of financial risks,the author USES reasonable and legal means to prevent financial risks,so as to effectively reduce the probability of the occurrence of financial risks,so as to improve the ability of enterprises to prevent financial risks.This paper intends to adopt literature analysis,investigation analysis and comprehensive induction.Literature analysis method,in the process of study,this paper collected a large number of literature related to prevention and control of financial risk management,refer to the many related literature at home and abroad,and through analyzing the domestic and foreign literature study reference for the enterprise financial risk and internal control related theory,to solve the problems faced by the company and put forward the corresponding countermeasures;Through the analysis of CQ company's financial risk control status,this paper made a comprehensive understanding of it,accurately identified the problem,analyzed the reasons,and finally put forward the CQ company's financial risk management and control activities consistent improvement countermeasures;The comprehensive induction method makes use of a large number of data and data for analysis and understanding,and analyzes CQ company from a comprehensive perspective and studies a set of financial management system suitable for the company.