STEMM Institute Press
Science, Technology, Engineering, Management and Medicine
Financial Risk Analysis of SINOSUN Technology Co., Ltd.
DOI: https://doi.org/10.62517/jse.202411318
Author(s)
Qianchuan Zhang
Affiliation(s)
Hebei University of Geology, Shijiazhuang, Hebei, China
Abstract
Nowadays, the market competition is getting bigger and bigger, and the enterprise is always facing the risk. If it does not carry on the risk research to control, the enterprise is likely to operate in the obstacle. Science and technology are the foundation of a strong country, with the continuous promotion of the strategy of strengthening the country with science and technology, science and technology companies have many business opportunities, but the opportunities are often hidden in the risk. This paper takes SINOSUN Technology Co., Ltd. as the object of the study, compares and analyzes the operating data of the industry's HONGBO Joint Stock Company and East Port Joint Stock Company, and adopts the ratio analysis method and the comparative analysis method. Combined with the relevant financial indicators, the entropy value method is used to analyze and identify the financial risk problems of SINOSUN Technology Company, including the four aspects of financing, investment, operation, and distribution, with the main problems of weak short-term solvency, low R&D efficiency, and low profitability, and then put forward relevant preventive suggestions for the enterprise's problems. This paper aims to let the company as far as possible to foresee the financial risk and control, but also hopes for similar enterprises for financial risk analysis and management to provide case reference and reference significance.
Keywords
Financial Risk; Technology-Based Companies; Risk Control; Entropy Analysis; Financial Analysis
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