贵州茅台财务风险分析.docx

Ⅰ 贵州茅台财务风险分析 摘 要 经历了2002-2012年白酒行业快速发展，白酒产能的扩张，商务消费促进白酒发展迅速发展。2012年因“三公”受限，行业进入调整期，我国白酒需求下跌。2015年至今，白酒行业由于消费升级引领大众消费崛起，消费升级带来市场大量需求，贵州茅台公司把握机会快速发展，成为行业龙头企业。公司虽然每年稳步发展，但管理层需要解决潜在的财务风险，避免公司因财务风险而受到损失。本文以贵州茅台公司作为研究对象，借鉴了国内对企业财务风险分析并结合公司实际情况，分别从财务风险和风险防控措施两方面梳理了国内的研究现状，并介绍相关概念和理论研究。以及对公司的财务风险状况和形成原因进行分析。从偿债能力，盈利能力，营运能力和发展能力四个方面出发，由外部原因和内部原因分析，发现企业营业收入率和净利润增长率逐年降低等财务风险问题。最后，借鉴其他企业对财务风险的解决办法并结合贵州茅台自身内部环境，完善企业财务体系，优化资本结构，加强营运活动风险控制等方法，减少公司财务风险发生的可能性。 关键词：贵州茅台；财务风险；分析 Ⅱ  An analysis of the financial risks in Maotai, Guizhou Abstract After the rapid development of liquor industry and the expansion of liquor production capacity from 2002 to 2012, business consumption promoted the rapid development of liquor industry. In 2012, due to the "three public" restrictions, the industry entered the adjustment period, and China's liquor demand fell. Since 2015, the liquor industry has led the rise of mass consumption due to consumption upgrading, which has brought a lot of market demand. Guizhou Maotai company has seized the opportunity to develop rapidly and become a leading enterprise in the industry. Although the company develops steadily every year, the management needs to solve the potential financial risks and avoid the loss of the company due to financial risks.First of all, this paper has taken Guizhou Maotai company as the research object, drawing on the domestic financial risk analysis and combining with the actual situation of the company, combing the domestic research status from two aspects of financial risk and risk prevention and control measures, and introducing the relevant concepts and theoretical research.Secondly, the financial risk of the company and the reasons for its formation are analyzed. From the four aspects of solvency, profitability, operation ability and development ability, this paper analyzes the external and internal reasons, and finds that the enterprise's operating income rate and net profit growth rate decrease year by year and other financial ris