The Research Of The Financial Early Warning

Financial management is an important content of the company operating, with the development of economic and social, the company will run into risk, because of the popularization of information, the impact of risk range and force is also expanding, so the financial early-warning is not only an importantpart of financial management, also become the focus of the enterprise management. Currently China is deepening the market economy reform, especially in the state-owned enterprises, in order to realize the state-owned assets to maintain and increase the value, the SASAC reform monitoring and assessment of the state-owned enterprises. At present, large state-owned enterprises have been build modern enterprise management framework, and through the integration of high-quality assets, they realize the listed. After the listing, the enterprise management is not only related to the state-owned assets also affects the interests of the shareholders, once the risk happens, the consequences will be grievous. According to the present situation of the state-owned enterprise and the importance of financial early-warning, the author study on the establishment and solution of the financial early-warning model of the state-owned enterprises. This paper refers to the Balanced Scorecard, the enterprise crisis management and financial early-warning theory research results and methods. Based on the Balanced Scorecard theory author investigated the current situation of HKDL company, from four dimensions to analyze the operating situation of it, and concluded four principles of setting up the HKDL company’s financial early-warning system. From the Balanced Scorecard theory’s four dimensions:financial, customer, internal business process, learning and growth to establish financial early-warning target of the HKDL company, including six categories and 19 indicators of financial level,5 indicators of customer perspective,5 indicators of internal business process,5 indicators of growth and learning. And with the enterprise crisis management theory as basis to determine the single index and overall final early-warning level. Using the AHP method calculated the index weight after building the financial early-warning model, and using the data of 2013 to calculated and results analysis, proved the validity of research methods.