The Research Of The Enterise Credit Risks Rating Method

The market economy is a credit economy. With the development ofour domestic economy, the capital market develops effectively. Thoughthere are more and more list companies, the existing credit problemsbecome an obstacle of economic development, which attracts widespreadattention of the society. This paper discussed the credit risk of anenterprise from the viewpoint of investors, commercial banks andenterprises. Firstly it gave a general idea of the cause of the credit risk,secondly introduced some analysis methods and evaluation models of thecredit risk which are most usually used in domestic and with strongpracticability and maneuverability, thirdly it constructed new evaluationindex system of credit risk. As to the non-financial factors of the creditrisk analysis, this paper weighted the indexes of Delphi method andanalytic hierarchy process. While as to the financial factors, this paperbuilt new index system. Choosing 120 companies from the list companiesas a sample and utilizing the BP neural networks analyzing method, it concluded that the neural networks is feasible and operable in theevaluation of the financial factors of credit risk. Through analysis andempirical research, this paper concluded as follows: firstly, a set of theindex system of the enterprise credit risk evaluation can be divided intofinancial factors and non-financial factors. Moreover, the two factors canbe got using different methods and then be combined together to considerthe credit risk of the enterprise. Secondly, we can use BP neural networksto analyze and forecast the financial factors of the enterprise's credit risk.