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Module. 4. Conduct research on the risk problems of a listed company, and investigate the causes of the company's financial risks and operational risks+
1. Financial risk: (1) Unreasonable capital structure: The company's financial management is unreasonable, the capital structure is unbalanced, and there are problems such as capital redundancy, uncoordinated assets and liabilities, and imbalance of interest liabilities.
2) Insufficient disclosure of financial statements: The company's financial records are not comprehensive enough, and the financial statements are not fully disclosed and complete, so as to reflect the actual operation of the company. (3) Poor cash flow:
The company's cash flow position is not ideal, the cash gap is large, and there is a risk of financial difficulties. 2. Business risk: (1) Market risk:
The market capacity of the company's products is limited, the market changes rapidly, the competition is fierce, and the product sales are unstable and risky. (2) Cost control is not in place: the company's management is not strict enough, cost control is not in place, there are problems such as overspending, inefficiency, and waste.
3) Technical risk: The company's technology update is lagging behind, unable to meet market demand, and there are technical risks.
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Module. 4. Conduct research on the risk problems of a listed company, and investigate the causes of the company's financial risks and operational risks+
Financial Risk:1Imbalance in the financial structure:
The imbalance of financial structure refers to the unreasonable composition of assets of listed companies, the proportion of high-risk assets is too high, the level of liabilities is too low, and the structure of liabilities is unreasonable, which has caused pressure on the development of the company. 2.The financial statements are not true:
The company engaged in deceptive behavior in the preparation of financial statements, and the balance sheet, income statement, cash flow statement and other important financial statements were untrue, resulting in an increase in the company's financial risks. Operational Risks:1
Improper business strategy: The listed company's business strategy is unreasonable, the investment decision is not comprehensive enough, and it is not sensitive enough to market changes, resulting in a decline in the company's market share and reducing the company's profitability. 2.
The chain management is not frank and reasonable: the chain management of listed companies is unreasonable, the business is insufficient, the logistics cost is too high, the lack of reasonable inventory management, and the flow of goods is not timely, resulting in a waste of funds and reducing the company's operating efficiency.
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In the current context, the financial risks faced by listed companies include: Political and economic instability: Political turmoil or economic recession may cause market volatility and affect the company's financial position.
Market competition: Intense competition can lead to a decline in a company's profits and affect the company's financial health. Currency exchange rate fluctuations:
The Company's communication with international markets may be affected by fluctuations in currency exchange rates, which may affect the Company's financial position. Debt: Excessively high debt levels can lead to a company's financial instability.
Environmental, Social, and Cavity Governance Factors: Early exposure to environmental, social, and governance factors can have an impact on a company's financial health. These are just some of the factors that may affect the financial health of a listed company, and the specifics may vary from company to company.
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