The existence of financial risk has always been the focus of enterprises' attention. As one of the representatives of China's economic power in the world, the construction industry is closely related to the overall development of national economy and the improvement of people's living standards, so it is very important to find out the financial risk of construction companies in time and take corresponding measures. Taking Ningbo Construction Engineering Co., Ltd. as an example, with the help of the working principle of analytic hierarchy process (AHP), this paper improves the selection principle and analysis method of financial risk analysis index, and establishes a AHP model. Through the comprehensive analysis of the system, a deeper understanding of the financial risk situation of the enterprise is conducive to the decision-makers to make the right management and control measures in time. Ningbo Construction Engineering Co., Ltd. should establish a system of responsibility at all levels for this problem, mainly from three aspects of management, collection and repayment, clarify the division of labor, emphasize personal responsibility, smooth recovery of accounts receivable, and formulate a series of solutions to ensure that the accounts receivable of the enterprise can be returned as scheduled within the allowable range of bad debts, and control financial risks. In the process of project construction, strengthen the cost management and control, estimate the possible cost in the actual construction process, make the corresponding budget, and strictly supervise the implementation of the cost budget.
Key words: financial risk; AHP; Ningbo Construction Engineering