Analysis On Financial Early-warning For The Listed-companies Of Machinery In China Based On Z-Score Model

The existence of the risk makes the enterprises'prospects of more uncertainty. If the enterprises can't control the risk effectively, there could be a financial crisis or even bankruptcy. Enterprises'bankruptcy is a step-by-step process, in the process, companies can live according to their own adjustment using industries, regions, time and other related factors. The establishment of an effective financial early-warning model to determine the financial situation and the presence of hidden problems can help you greatly reduce the risk of bankruptcy and resolve the financial crisis problems.With the fast development of the economic,enterprises in China are facing more and more problems to develop, in order to survive and develop in the fierce market environment, listed companies in China have to establish the financial early-warning system, which can forecast and prevent financial crisis for listed companies, monitor the quality of listed companies and the risk of security market for government management departments, protect normal rights and interests of investor and creditor, reduce shock of security market and promote the benign development of listed companies, which is helpful as regards the security both the economy and society.The full text is divided into 6 chapters:Chapter I: Introduction. This article introduces the research's background, purpose and significance, as well as research methods and research contents, and reviews related documents.Chapter II: Financial early-warning system's basic theory. Introduce the definition of financial early-warning system and the functions, procedures and analysis methods of financial early-warning.Chapter III: Analyze the current used status of financial early-warning system in the listed companies of machinery in China. At first, listed companies of machinery in China's financial crisis was defined. Then from the current status of the financial crisis in listed company of machinery in China to analyze the current application status of early-warning systems of listed companies in China.Chapter IV: The building of early warning systems in listed companies of machinery in China. Study how to build the financial early-warning system for listed company of machinery in-depth and verify the Z-Score model's applicability of the listed companies of machinery in China.Chapter V: Propose how to use Z-score better for companies.Chapter VI: Come to the conclusion and propose how to do better in later study.