Financial Crisis Warning Research Of Listed Company Of The Wholesale And Retail Trade

The financial crisis is one of the company’s financial learn important and complex field of study, domestic and international numerous companies in one failed even so the events happen, and this frequency as the related research appears more important and needs; But at the same time because its complexity, many research progress is slow, and the domestic research also lagging far behind abroad. Will see the related research at home and abroad for the listed company, the financial crisis prewarning model for more research, but the financial crisis to a specific industry warning model building research relatively little. Therefore this paper argues that it is necessary in based on the former research, wholesale and retail trade of the financial crisis warning models research.Taking wholesale and retail trade listed company as the research object, the enterprise is "ST" as its into financial crisis sign, and takes it as a standard selection research samples. On the basis of previous studies, this paper review selected from2004to2006for "new financial situation is" abnormal "ST"34wholesale and retail trade, according to the industry listed company and similar asset scale similar principles chose34ratio are analyzed and contrasted sample company by "ST" in the first three years to analyses its characteristics and financial crisis causes, constructing financial crisis prewarning model, and test it.A company’s financial condition quality often is the enterprise itself, investors and creditors focus. Because a operating good, healthy financial company not only can improve their prestige in the market and expand financing channel, also make the investor confidence to multiply.,prevent crisis; Make investors and creditors can with this signal moved investment, management accounts receivable and make credit decisions.Based on current wholesale and retail trade company listed companies in China market for the important influence, in this chapter, aims to establish a suitable for wholesale and retail trade of the company’s financial crisis prewarning model.