Proceedings of the 1st International Conference on Business, Economics, Management Science (BEMS 2019)

Research on Financial Risk Comprehensive Evaluation of CNPC based on AHP

Authors
Juanling Wang
Corresponding Author
Juanling Wang
Available Online May 2019.
DOI
https://doi.org/10.2991/bems-19.2019.79How to use a DOI?
Keywords
China National Petroleum Corporation (CNPC), Financial Risk, AHP, weight, Comprehensive evaluation.
Abstract
This study establishes a comprehensive evaluation system of 15 financial indicators of four categories in the petroleum industry by using analytic hierarchy process (AHP). By comparing the financial indicators of each two levels, the corresponding judgment matrix is constructed, and the total weight ranking is obtained by normalization. The efficiency coefficient method is used to standardize the score of each financial indicator, and then the financial risk evaluation value is obtained by combining the weight coefficient. This paper makes a detailed analysis of the three problems of CNPC, which are more liabilities, poor short-term repayment ability and slower expansion of enterprises, and puts forward corresponding rationalization suggestions.
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Proceedings
Part of series
Advances in Economics, Business and Management Research
Publication Date
May 2019
ISBN
978-94-6252-720-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/bems-19.2019.79How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Juanling Wang
PY  - 2019/05
DA  - 2019/05
TI  - Research on Financial Risk Comprehensive Evaluation of CNPC based on AHP
PB  - Atlantis Press
SP  - 450
EP  - 453
SN  - 2352-5428
UR  - https://doi.org/10.2991/bems-19.2019.79
DO  - https://doi.org/10.2991/bems-19.2019.79
ID  - Wang2019/05
ER  -