Study On Financial Early-Warning Model For Highway Listed Companies

Our highways as the country’s critical infrastructure, but also as a special commodity,both public and marketability. On the one hand, the socialist market economy, theenvironment, financial management by the national highway company’s economic climateand the company’s own operating characteristics influence. Has a monopoly and profitsrelatively stable, its operating results more prominent, easy financing in the capital marketsand other characteristics, but a huge investment in highway, long payback period, thecompany in the course of business also faces a variety of risks; another aspects of theconstruction of highways mostly through state funding, bank loans or other financing methodsto raise funds for the construction, in essence, it is a loan to build roads, high debt couldtrigger a debt crisis. Financial risk management while relatively weak sense, therefore, thefinancial risk early warning system research has a strong practical significance. Researchstatus at home and abroad, the author of a large number of learning and thinking, in particular,the data for the study listed expressway companies draw to determine the whole ideal of thisartcle:First of all, at home and abroad on the financial condition and our highway warning ofthe company’s industry background. Analysis of the financial status and highway warning ofthe company’s development, industry characteristics, and make an overall grasp. Then, thecombined company’s financial highway warning indicator system design goals and principles,discuss selected for highways listed company’s financial early warning indicators, theestablishment of highway warning indicators listed company’s finacial syetems.Then, using SPSS software warning indicators chosen by principal component analysismethod, a highway listed companies’ financial early warning model of financial crisis on thehighway for forecasts and warnings, and the use of high-speed2010indicator data todetermine the model the critical value, build a complete highway industry’s financial earlywarning model. This is just to make such a practical issue, and provides a solution ideas andmethods. This method can be applied to other industries, there are characteristics...