Construction Of Financial Crisis Early Warning Model And Its Application To The Diagnosis Of A Enterprise’s Financial Risk

At present,the research on the early warning theory of financial crisis is a hot academic hot spot in academic circles at home and abroad.In particular,the process of economic globalization is accelerating,and more and more financial crisis warning theories are emerging.However,most financial warnings are oriented In the entire market,the financial crisis for specific industries and specific enterprises is still relatively small.However,in real life,there are huge differences in management patterns between different industries.Non-ferrous metals play a very important role in the promotion of China’s economic strength.In recent years,the contradictions between the downward pressure on China’s economy and the relative surplus of production capacity have intensified,especially in the non-ferrous metal industry,the competition in the domestic market has increased,the price of products has continued to decline,and the outlook for the non-ferrous metals industry is worrying.Due to the overall economic background of loss,non-ferrous metal companies usually face greater financial risks,because the establishment of a suitable financial early warning mechanism to help corporate management accurately predict corporate financial crisis,take early measures to prevent bankruptcy,it seems particularly important.This article will start from the non-ferrous metals industry,using specific cases to carry out financial crisis warning research,first of all from the domestic and foreign related literature review on the theory and model of financial crisis early warning,discusses related theories.After the analysis of the characteristics of the non-ferrous metal enterprises as a whole,according to the overall characteristics of non-ferrous metal enterprises to build a financial crisis warning model for non-ferrous metal companies,and then specifically analyze the case,test the effectiveness of the model,analyze the case of non-ferrous metals companies into financial The causes of the crisis,combined with the characteristics and analysis of non-ferrous metal companies,put forward appropriate financial crisis prevention measures.In the aspect of diagnosing the financial risk of Company A,this paper first carries out risk prediction of the financial status of Company A through the construction of a support vector machine model.The forecast shows that Company A will experience a financial crisis,and then uses the analytical method of university model to analyze the risk.The company identifies the financial risks,mainly from the five dimensions of operational capacity,profitability,debt repayment ability,development ability,and cash flow ability,and discovers the expansion of A company’s sales channels,inventory management,and R&D.There are problems in expenditure,and combined with the problems found,targeted solutions for A companies.Since the A company in the selected case is a non-ferrous metal company listed in China and has high industry represent,it is of great practical significance to carry out case studies on it.It is hoped that through the case analysis of A company’s financial early warning,Help more non-ferrous metals companies find their own financial risks in a timely manner and take effective measures to avoid their own financial crisis.