Research On Financial Risk Control Of K Equipment Manufacturing Company

As a pillar industry of China’s national economy,the equipment manufacturing industry is playing an increasingly important role in the national economy.However,due to the impact of macroeconomic tightening and strict policy regulation,the industry is facing the challenge of transformation and upgrading.In addition,the development of manufacturing enterprises generally has some factors that restrict their own development,such as limited financing channels,high financing costs,insufficient capital management capabilities and poor internal control environment.It can be said that financial risks have become a serious problem faced by equipment manufacturing enterprises in their high-quality development.In the process of business development,financial risks exist in all aspects of financial management,which is the product of enterprises participating in market competition.Therefore,controlling financial risks has gradually become one of the urgent problems to be solved in the management of manufacturing enterprises.Based on the theory of financial risk,this paper takes K equipment manufacturing company as the research object,and first introduces its financial situation based on some financial statements of the company from 2015 to 2019;Secondly,it discusses the current situation of financial risk control of the company.By selecting the financial index data of K equipment manufacturing company in recent 5 years,it adopts vertical comparative analysis to identify the risks in financing,investment,operation and cash flow activities of the company,and further finds out the problems existing in financial risk control of K equipment manufacturing company,which leads to the poor financial situation,poor internal management and inadequate system,etc.In order to ensure the accuracy of the company’s financial risk evaluation,the analytic hierarchy process is used to construct the financial risk evaluation model of K equipment manufacturing company,and the improved efficiency coefficient method is introduced to calculate the scores of various indicators of financial risk evaluation.It is found that the financial risk of K equipment manufacturing company is gradually increasing,from moderate warning to giant warning;According to the above comprehensive analysis,this paper puts forward the optimization measures of financial risk control,and from the perspective of financial risk prevention and control consciousness,financial risk early warning mechanism and financial risk management system,to ensure the effective implementation of financial risk control measures of K equipment manufacturing company;Finally,the research conclusions and shortcomings of this paper are drawn.This paper focuses on the problems existing in the financial risk control of K Equipment Manufacturing Company,and focuses on the optimization and safeguard measures of financial risk control.In the research process,we strive to combine normative analysis with empirical analysis,hoping that through the application research of this paper,K equipment manufacturing company can benefit from financial risk control,and provide a preliminary reference for financial risk control of equipment manufacturing enterprises.