Abstract：

This paper takes M Company as the research subject and analyzes its investment-related financial data from 2019 to 2024 from multiple dimensions including asset allocation, profitability performance, and cash flow status. The aim is to identify potential risks hidden in the company's investment process and propose actionable management recommendations. The study finds that the company faces issues such as unstable profitability, imbalanced asset structure, and poor capital return in its investment activities. It urgently needs to improve capital efficiency through optimizing decision-making processes, adjusting resource allocation, and strengthening process control, providing practical reference for listed manufacturing companies.

Key Words：

M company; investment risk; financial analysis; risk prevention and control