Research On Financial Risk Management Of L Construction Enterprises

Now that we are in an era of rapid economic development,with the multi-dimensional and multi-level development of the market,competition in all industries is very fierce.The occurrence of financial risks is no longer unfamiliar to companies,and the extent of their impact on business operations Not to be underestimated.There are not a few companies all over the world that have to declare bankruptcy because of their careless financial risks.At present,with the adjustment of national policies,the domestic construction industry is in an important reform process of optimization and upgrading.The dynamic changes of the external environment,the increasingly fierce competition,and the transformation and upgrading of the industry have brought huge opportunities and challenges to the development of construction enterprises.Timely discovering the financial risks faced by enterprises and improving their own risk management levels are of great practical significance for enhancing the core competitiveness of construction enterprises.This article mainly takes L Construction Company as the research object,based on relevant theoretical foundations and domestic and foreign literature materials,combined with external risk factors in the construction industry,and compares the financial risks of L Construction Company from 2015 to 2019.First of all,on the basis of a brief introduction to the operation of L Construction Company,the article identified that the risks of L Company are mainly divided into profit risk,operation risk,debt risk and business growth risk.Then,from profitability,operation,debt repayment,and operation In terms of development ability,select appropriate financial indicators,use the analytic hierarchy process to build the financial risk assessment model of L Construction Company,assign a value to each indicator based on the scoring results of financial professionals,determine the weight of the selected risk indicators,and finally use the effect The coefficient method calculates the degree to which each indicator achieves a satisfactory value.After a weighted average comprehensive calculation,the current risk level of L Construction Company is a huge risk.It is necessary for L Construction Company to propose corresponding countermeasures based on the judgment results to improve the company’s ability to deal with risks.Judging from the conclusions of the analysis,building a financial risk management system and improving internal control systems will not only help the managers of L Construction Company to quickly and accurately identify financial risks that endanger the interests of the enterprise,and put forward targeted solutions,but also Construction companies with similar financial risks provide effective solutions to improve managers’ attention to internal control.