| As a basic industry,food industry is a moderator to maintain social stability.In recent years,with earth-shaking changes in the social environment and exposure of various food safety problems,people’s concept of food consumption has gradually changed,bringing many challenges to the long-term healthy development of the food industry.The current COVID-19 pandemic has affected people’s food consumption behavior and greatly intensified competition in the food industry.Financial risk is an important manifestation of the financial problems and specific characteristics of an enterprise.The financial risk of a growing enterprise determines its future development trend.In-depth analysis of food enterprise financial risk management in the growth period has far-reaching significance for the development of food industry.This topic around the relevant connotation of financial risk,through literature analysis and factor analysis,FH company as a case study,discusses the FH company at the present stage of the business characteristics and problems,identify and analyze the financial risk faced by FH company,and put forward some countermeasures to deal with the financial risk.In the process of this study,it is found that FH company’s financial risks mainly include financing risk,investment risk,operation risk and income distribution risk.Financing risk is caused by the enterprise using too high financing cost that is to bear too much debt.Investment risk is caused by serious investment losses,operation risk is caused by outstanding inventory management problems and Accounts Receivable Management,and income distribution risk is caused by weak cash flow stability and the distribution mechanism.At the same time,the factor analysis conclusion: in2016-2020,FH company’s financing risk is the largest,followed by investment risk,operation risk and income distribution risk.In addition,based on the analysis of industry characteristics,FH company low season operation risk and investment risk,high season financing risk.Finally,the thesis puts forward some countermeasures to deal with the various financial risks faced by FH company,the financing risk control strategy should focus on the development characteristics of growing enterprises to create diversified financing channels and improve the debt structure.The investment risk control strategy focuses on the feasibility analysis of investment projects and the effective formulation of investment strategies.Operation risk control strategy revolves around accounts receivable management and inventory cost management.Income distribution risk control strategy revolves around shareholder distribution risk management mechanism and management mechanism. |
