Real Example Research On Financial Pre-Warning System Of Listed Company In Xinjiang

The stock market in Xinjiang has developed in recently years. The stock has become one of the most important investment ways. But in the whole,the revenue of listed corporations in Xinjiang is not well. So it is urgent to build up models for financial pre-warning for Xinjiang's listed corporations by the public financial statement of listed corporations based on objective and fair data.This article introduces the basic theories of financial pre-warning system and scale of Xinjiang's listed corporations. It is also discusses the methods of financial pre-warning .Analysis the financial character of Xinjiang's listed corporations with cluster analysis method firstly. Then by the use of factor analysis method together with the logit method,in order to make research into the financial pre-warning of one year. The results indicate that the models built up have satisfactory predicting accuracy . In the end of this article,the author points out the aspects of perfecting the environments for financial pre-warning system of listed company in Xinjiang.