Study On Financial Risk Assessment Of XF Company

With the current development and deepening of China’s socialist market economy,the various risks faced by China’s large and medium-sized enterprises throughout the process of their deepening reform and healthy development will also become increasingly complex.Due to the objectivity and loss of financial risks,enterprises should identify the main influencing factors of their own financial risks,assess the financial risks and take effective measures to avoid and reduce their financial risks,otherwise they will be in financial difficulties.In the face of the existence of corporate financial risks,how to effectively resolve,control and prevent them in the daily management activities of enterprises is a major problem that enterprises need to solve.This article selects XF enterprise as the main research object,firstly,it briefly introduces its current financial status,conducts an in-depth investigation on its financial risks in the last three years,and analyzes the causes of its financial risks in detail and effectively;then,on the premise of fully understanding the relevant research results of domestic and foreign scholars,it effectively analyses the current situation of XF enterprise and the characteristics of the industry,and Then,on the premise of fully understanding the relevant research results of domestic and foreign scholars,after an effective comprehensive analysis of XF’s corporate status and industry characteristics,twelve most important financial indicators in four main dimensions,namely growth capacity,operating capacity,profitability and solvency,were identified to fully reflect XF’s financial status,and a new financial risk assessment index system was constructed for the enterprise;then,by applying the improved efficacy function method to study and analyse in detail the financial statement data of XF for the last three years from 2017 to 2019,it was found that XF has certain financial risks in that period.It was found that certain financial risk problems existed in XF Enterprise in that period;finally,safeguards for the financial risk assessment system and strategies for coping with financial risks were proposed on how to solve the various financial risk problems existing in XF Enterprise.The safeguards and coping strategies given in this paper,and the new financial risk assessment system established,are well applicable in terms of the actual situation of XF enterprises and the characteristics of the industry.The purpose of this paper is to help XF enterprises understand their financial risks accurately and to provide new ideas for their financial risk assessment.