Research On Financial Risk Assessment And Control Of RX Logistics Company Based On Cash-Flow

With the development of logistics industry,the degree of competition is also increasing.If an enterprise wants to develop smoothly in the fierce competition,it must constantly improve its management ability,and the financial risk control ability is an important link to improve the financial management ability of an enterprise.Cash flow is very important for the development of an enterprise.Without cash flow,an enterprise cannot operate and turn over.Therefore,financial risks caused by mismanagement of cash flow often occur in the business process.Paying attention to financial risk analysis from the perspective of cash flow and putting forward targeted risk control measures are helpful to improve the financial risk control ability of enterprises.This paper takes RX Logistics Company as the object to study its financial risk status.First of all,this paper gives a brief overview of financial risk and cash flow theory.Secondly,on the one hand,this paper adopts financial statement analysis method to analyze the cash flow status of RX logistics’ operating activities,financing activities and investment activities,and then summarizes the current financial risk status.It finds that the cash inflow is smaller than the outflow in RX logistics’ operating activities,so that it cannot cover the daily operating expenses.In financing activities,the debt paying pressure increases but the enterprise’s debt paying ability decreases.The problem of low return rate of internal investment occurs in investment activities;On the other hand,the F score model and the financial risk evaluation system from the perspective of cash flow are used to evaluate the current financial risk degree of RX logistics by fuzzy comprehensive evaluation method.It is found that the overall financial risk of RX logistics reaches the degree of "medium alarm",and the fuzzy comprehensive evaluation score of business activity risk is the lowest,indicating that enterprises should give priority to the control of business activity risk.Thirdly,it analyzes the causes of financial risks of RX logistics.The causes of operating risks lie in the decrease of operating income and the increase of operating costs caused by the change of operating environment.The risk of financing activities is caused by the single means of financing and the lack of financing planning;The causes of risk of investment activities lie in unreasonable investment programs and insufficient attention to foreign investment projects.At the same time,the lack of a comprehensive financial risk management system in enterprises is also one of the reasons for the high level of financial risk in RX logistics.Finally,according to the current situation and causes of financial risk from the perspective of cash flow of RX logistics,risk control measures are proposed from the four aspects of business activities,financing activities,investment activities and financial risk control safeguard measures,in order to provide suggestions for RX logistics to effectively avoid financial risks in the future operation.