The Research Of The Early-warning Finance Based On BSC

Chinese securities market has experienced twenty years of development, the listed companies as the foundation of development of security market, the increasing scale. With the stock speculation, listed companies become more stakeholders focus. But in the face of the globalization of the world economy, there are more uncertain factors affecting the companies’ development, so that companies in the financial risk, even in the financial crisis situation to increase the probability of. Establish a scientific and effective financial early warning system, to help reduce the company encountered financial crisis probability, to avoid financial risks. In this paper the financial early warning and the Balanced Scorecard unifies, by using the Balanced Scorecard balance (i.e. financial and non financial balance, internal and external balance, shore term and long term balance, process and result of balance, qualitative and quantitative of balance, evaluation of the past and prediction of the future in the balance, a cause link balance), more fully reflect the company appeared at the root of the problem. Application of factor analysis to a sample of sixty chooses twelve index to undertake an analysis, to determine its contribution rate.At the same time, to Shanxi ten coal listed companies as example, on their parameters also have corresponding research, determining factor contribution degree, the final results are compared, the conclusion, the survival and development of listed companies is the first issue to be considered.