| In recent years,with the rise of e-commerce,the logistics industry has become a new hotspot in economic development.In the relevant departments of the country to support and promote the development of modern logistics industry more rapid.At the same time,the upand downstream competition in the logistics industry continues to intensify,the scale of the logistics enterprises continue to expand,making the enterprise demand for funds continue to increase,corporate financing risks also increased.Therefore,it is very important to timely identify the risk of financing and carry out risk pre-warning to improve the competitiveness of the logistics enterprises and enhance the ability to cope with the risk.The practical and effective financing risk pre-warning model is an important guarantee for the logistics enterprises to realize the normal management and operation and healthy development.Based on the research topic of financing risk pre-warning,this paper takes H logistics company as the research object of the case study.After combing the relevant theories and practical achievements of financing risk and financing risk pre-warning at home and abroad,based on the characteristics of H logistics company,This paper analyzes the present situation of financing risk and risk pre-warning of H logistics company,and finds that H logistics company has a single financing channel,over-reliance on equity financing,long-term equity pledge increased and fixed to raise funds can’t be effectively used of financing problems.In terms of corporate finance risk pre-warning,management lack of awareness,too subjective and pre-warning is not effective and so on the situation also makes the enterprise’s financing risk is not timely control.Combining with the actual situation of H logistics company,this paper chooses the Fuzzy Analytic Hierarchy Process(FAHP)method,which is more suitable for the financing risk early warning model,the triangular Fuzzy Number and the Analytic Hierarchy Process(AHP),which is more suitable for the H logistics company to ensure the model result is more accurate.Through the use of H logistics company 2016 annual report in the model to predict that the financing risk in the year 2017 is the state of the middle,and the comprehensive score of the pre-warning is close to the severity level.After a comprehensive analysis of the results of the warning,puts forward some suggestions and feasible measures for H logistics company to control the financing risk reasonably,which can help H logistics company to achieve sustained and stable development. |