Research On Financial Early Warning Of Dalian Port Group

With the deepening of economic globalization, market competition is increasingly fierce, enterprises face the possibility of financial risk at any time, so financial early warning research has been paid more and more attention by enterprises and scholars.Dalian Port (PDA) Company Limited is the first domestic port company to list simultaneously in Shanghai and Hong Kong. In the case of unstable international macroeconomic environment, the structural transformation of the domestic economy, downsizing domestic demand and increased competition between ports, its financial risk management can not be ignored.Different from other financial early warning methods, the paper adopts the method of financial statement analysis and fuzzy comprehensive evaluation to combine an approach for studying the enterprise financial early warning, so as to more fully assess the financial position of the Dalian Port.The paper is divided into three chapters. The first chapter is the introduction, which introduces the research background and significance, the related literature at home and abroad, and the research ideas and research methods.The second chapter is the summary of financial early warning theory, which introduces the existing financial warning methods in detail, analyzes the advantages and shortcomings of various kinds of early warning methods, and clarifies the reason to choose the fuzzy comprehensive evaluation method.The third chapter is the focus of this article. Firstly, the financial early warning index system of Dalian Port is constructed. Secondly, from profitability, solvency, operating capacity, development capacity and cash security capacity, analysis on the financial statements of Dalian Port in five years is made to find out the existing financial problems. Thirdly, the financial early warning model is built and the evaluation results is got, by the fuzzy comprehensive evaluation analysis.The fourth chapter is to assess the overall financial condition of Dalian Port and point out the main financial and operating problems. Recommendations for risk prevention are also made.In this paper, based on the financial statement analysis, the combination of qualitative and quantitative analysis can more fully reflect the financial situation of Dalian Port, find out the main potential financial risks, and make the enterprise can take the corresponding measures to prevent the financial crisis.