Research conclusions:From macroscopic and microscopic angles, this paper analyzes the intensions and reasons for producing the financial risk toChinese state-owned enterprise and presents fivemeasures forprevention of financial risk to Chinese state-owned enterprise: (1) The property right relation of state-owned assets should bemade clearly and the enterprise should be governed legally. (2) The industry adjustmentwith policy should be strengthened and the investmentdomain by the enterprise should be standardized. (3) Themonitoring system for investors' finance should be established. (4) The risk management culture should be integrated into the enterprise culture. (5) The inner managementof enterprise should be strengthened to improve the level of scientific decision-making.