Research On The Financial Risk Management Of The Construction Enterprise TH Company

In various business activities,due to different internal and external environmental conditions,as well as a variety of uncertain emergencies,this will affect the financial work,and finally may affect the income of the enterprise.Every enterprise has financial risks,and this situation is very common in China’s current imperfect market economy system.This is even more so for construction enterprises.Under the current economic system,the debt ratio of construction enterprises is much higher than usual,and the profit margin is not very high,so the ability to resist risk is significantly reduced,which will lead to more prone to enterprises to cause financial crisis.In general construction enterprise project capital demand,long construction period,project payment is slow,the financial operation of the project itself impact on the enterprise is very big,at the same time,the economic development in China by the global economy and COVID-19 outbreak and the rhythm of slowing,construction enterprise financing difficulty,debt repayment risk.Therefore,it is very urgent and necessary to timely identify and effectively control the financial risks of construction enterprises,strengthen the financial risk management work,and help them to complete the transformation and upgrading smoothly.Using TH as the research case,we will analyze the company’s business model,production and operation situation and financial data,and finally hope to obtain the factors of the financial risk management evaluation index system,combine the expert scoring method and fuzzy comprehensive evaluation method,analyze the specific causes of TH,and give relevant suggestions.There are four main points made in this thesis.First,give a simple overview of the concepts and theories of financial risk,and then analyze the composition and methods of financial risk management.Second,find out the causes of financial risks,which can be analyzed according to the financial and business conditions of TH Company.After the risk factors are basically determined,the index system of financial risk management risk factors is established.Third,the financial risk evaluation model is established on the above basis.The evaluation model is based on the factors leading to the financial risk,and then the financial risk management evaluation matrix of TH company is established according to the expert scoring method and the fuzzy comprehensive evaluation method.There are two combined methods of expert scoring method and fuzzy comprehensive evaluation method,which is more convenient for TH companies to judge the financial risk size of the calculation.Fourthly,through the analysis and research,the overall financial risk of TH company belongs to the medium risk range,and enough attention should be paid to the response of internal and external risk factors.In order to avoid or reduce financial risks,improve the corresponding system,establish financial risk management system,strengthen internal control and supervision,intensify debt collection,improve capital operation capacity,strengthen cost management,adjust business strategy,and improve the profitability of the company.