Research On Didi Travel’s Financial Risk Prevention

With the advent of the era of big data and the rise of the sharing economy,the Internet permeates everyone’s daily necessities,creating new opportunities.Didi Chuxing Technology Co.,Ltd.was founded in September 2012 and had a valuation of 360 billion yuan by 2019.It is now 10 years old.In the past 10 years,along with the new opportunities of the development of the Internet sharing economy,Didi Chuxing timely carried out its own technological innovation and research,and gradually became the pilot of mobile travel from scratch.However,Didi Chuxing has some security problems,service problems and pricing problems.On December 30,2021,Didi Chuxing released its first financial report after going public in the United States.Data showed that the total revenue of Didi Chuxing in the second and third quarters of 2021 was 48.2 billion yuan and 42.7 billion yuan respectively,with a sequential decrease of11.48%.From the revenue breakdown of Didi Chuxing,the losses mainly appear in the international travel business and shared bikes,electric bikes and other aspects.This paper adopts the method of case analysis,literature research and statistical analysis to analyze Didi Chuxing as the research object.Firstly,analyze the company’s operation and financial status around Didi Chuxing,and then explore the risk factors according to the classification of debt repayment risk,profit risk,operation risk,sustainable development risk and cash flow risk,and find out The cause of risk,and then use the F-Score model to evaluate each factor and draw financial risk prevention measures;secondly,research relevant theoretical materials on financial management,combined with financial risk prevention and evaluation theory,refer to the prospectus disclosed by Didi Chuxing,as well as the financial report data in recent years,sort out and summarize the latest research results,so as to lay a solid foundation for this writing and make full theoretical preparations for Didi Chuxing research.Finally,by collecting and sorting out the data of Didi Chuxing’s financial statements and development reports in the past five years(2018-2021)and the financial information reflecting the company’s fundamentals,the financial status of Didi Chuxing is analyzed in the form of line charts and tables.Concretely embodied,accurate and true quantitative conclusions are formed with the help of financial index calculation,statistics,and analysis methods,and finally the financial risks of Didi Chuxing are identified and evaluated.As a well-known company in China,Didi Chuxing,by analyzing Didi Chuxing’s financial situation,identifying and analyzing its financial risks and causes,has a deeper understanding of its financial risks and the root causes of its problems,in order to strengthen the company’s financial awareness.Risk prevention and control.Provide a frame of thought and some references for subsequent research on the financial risks of similar online car-hailing companies.as well as the financial report data in recent years,sort out and summarize the latest research results,so as to lay a solid foundation for this writing and make full theoretical preparations for Didi Chuxing research.