IFLYTEK.CO.LTD Financial Risk Early Warning Research

As the reform goes on,China's economic system reform has entered a new developing period.The economy has entered a downturn,all industries are faced with the profit decline.But High-tech enterprises have got rather good developing tendency,become an important driver of China's economic system reform.IFLYTEK Company Limited is a National Key Hi-Tech.Enterprise,which specialises in voice recognition,it is in a stage of rapid development.Even so,IFLYTEK still exsits large risk which is hidden in its rapid expansionThis thesis uses research methods such as Literature Review,qualitative analysis combined with qualitative analysis and comparative study to research this method.after knowing the relevant characteristics of high-tech enterprises,this article researches the financial situation of IFLYTEK and establishes a financial risk early warning system that can accord with the characteristics of Hi-Tech Enterprise's developing,and put forward the related security measures to ensure the effective operation of system.In the process of building financial risk early warning model,using the clustering analysis to choose financial indicators,and the fuzzy comprehensive evaluation method to evaluate the company's financial risk situation,to ensure the truthfulness and accuracy of financial risk early warning system.carrying out analysis of financial risk early warning and conclusions are as follows:IFLYTEK's composite scores were between light precinct,it illustrates the company's overall financial condition very stable,but profitability and operating capabilities still have same problems.IFLYTEK can strengthen the accounts receivable management and improve the level of profits quality.through to the management status of IFLYTEK,This thesis looks for the main sources of financial risk,considering the company's characteristics the paper establishes the financial risk early warning system for IFLYTEK in order to supervisory control the situation of financial risk and help the managers find hidden risk to avoid major financial crisis,fully protect the interests of stakeholder and enhance core competitiveness,Meanwhile,prove great significant for further development of IFLYTEK.