Paper Infomation
Research on Financing Problems of Private High-Tech Enterprises — Take DL Company as an Example
Full Text(PDF, 313KB)
Author: Yong Dai
Abstract: Private high-tech enterprises have made huge contributions to the development of China; however, their own management risk is too big, the financing cost is high, the financing structure and scale are often unreasonable, there has been a large financing problem. For the majority of private high-tech enterprises, capital is the blood of enterprise development, the lack of capital will have a significant impact on the operation of enterprises, so reducing financing risks has become a problem that private high-tech enterprises must solve. This paper uses case analysis method to study the financing risk of DL Company. It is found that the low turnover rate of accounts receivable and the high proportion of short-term loans have a negative impact on the financing risk of DL Company. Combined with the actual situation of the enterprise, the paper analyzes the main reasons for the financing risk are the inadequacy of accounts receivable control and the existing problems in marketing channels. Finally, the paper gives some suggestions to reduce financing risk from the aspects of appropriately reducing short-term borrowing investment and actively collecting receivables. The research results of this paper have great significance for controlling financing risk.
Keywords: Financing Risk, Financing Measures, Elements of Classification
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