A Study On Financial Risk Evaluation And Orevention Of Y Company Under The Background Of New And Old Kinetic Energy Convwesion

The coal industry is one of the basic industries that promote my country's economic development and an important source of national energy.In recent years,under the influence of national macro-control and supply-side reforms,the development of the coal industry has faced difficulties.Coal companies have experienced declining sales,overcapacity,and difficulty in capital turnover,resulting in reduced profits,increased losses,and even bankruptcy.Under the national advocacy of the conversion of new and old kinetic energy,coal companies began to adjust the industrial structure,optimize the industrial layout,increase research and innovation to alleviate the status quo and seek development.However,coal companies still have financial risks such as long payback periods and low return on investment.As a large coal company,Y company inevitably has financial risks under this market background and policy regulation,which largely affects the healthy and long-term development of the company.Therefore,the research on the financial risks of Y company will help the company reduce risks and achieve good development.This article is based on domestic and foreign research results.First,taking Y company as the research object,combining with the background of the times,by decomposing Y company's financial work and financial risks,constructing a WBS-RBS risk identification model,and organizing experts to identify Y company's financial risks.Secondly,31 listed companies in the coal industry are selected as the research samples,and the factor analysis method is used to evaluate and analyze the financial risks of Y company from the perspectives of industry comparison and self-change.The research results show that company Y's financial risks run through the entire financial process,including serious cash flow risks and investment risks,and certain short-term debt repayment risks and operational risks,which are manifested by large investment scale,low return on investment,and internal Poor cash flow,unreasonable debt structure,and weak inventory liquidity.Finally,on the basis of the financial risk evaluation and risk cause analysis of Y company,the countermeasures against the financial risk of Y company are put forward,and reasonable financing scale and structure are determined in terms of financing risk,and the financing channels are broadened;in terms of investment risk,reasonable measures are determined.Investment portfolio to promote corporate transformation;increase inventory management in terms of operational risks and formulate accounts receivable collection plans;in terms of cash flow risks,strengthen internal cash management and maintain sufficient cash flow;in addition,strengthen the prevention of external risks Awareness,in order to improve Y company's financial risks,improve the company's risk resistance,and achieve healthy development.