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Research On Financial Crisis Early Warning Of Xi'an Pearl Furniture Co.,Ltd

Posted on:2018-09-08Degree:MasterType:Thesis
Country:ChinaCandidate:Y JiangFull Text:PDF
GTID:2359330533966212Subject:Accounting
Abstract/Summary:PDF Full Text Request
Financial crisis early warning is a real fr'om the corporate Financial point of view,the study of various financial informalion data and business operations,from whitch to find a variety of crisis problems,early warning and correct to solve a model.The research of this model has been very important at home and abroad.Related research not only has academic significance,but also can produce great social value.With he optimization of research methods,the research is constantly innovating,and the inherent needs of enterprises in the field of practice also contributed to the continued development of the study.In China's emerging securities trading market,the development of enterprises related to the interests of investors,creditors,so the analysis of its financial situation is extremely significant.In recent years the rise of the Internet to the entily sales business has been a huge impact,online shopping accounted for part of the market share,Xi'an Pearl Home Co.,Ltd.has also been a small impact,for the establishment of financial crisis early warning model is imperative.This paper first introduces the research background and significance of the paper,the relevant theoretical knowledge of the financial crisis early warning,and realizes the understanding of the financial crisis management of the company through the actual investigation and interview,and introduces the existing problems in the financial crisis management of the company.Secondly,from the macroscopsc environmental factor,industry environmental fators.business factosc financial factcors in four arspects of the analysis of the XVan Peaurl Furniturte Co.,Ltd.to form a financial crisis facors,the use of expert scoring method to delermine the Xi'an Pearl Furniture Co.,Ltd.financial crisis of the five main The impact of faclors and determine the financial crisis early warning index system,the system includ,es sotvency,operational capacity,profitability,grooth capacity and access to cash flow capacity of the five indicatore of early warning indicators and two non-financial indicators.Thirdly,this paper uses the publicly disclosed financial data of 22 wholesale and retail listed companies in China as the basic information and the mathematical statistics method to scientifically select the index variables,and use the factor analysis method to determine the main factors.The factor of the factor is set as the factor of the principal factor,and the model is set up for the wholesale and retail listed companies by using the Logistic regression analysis method.The financial crisis early warning and analysis of Xi'an Pearl Home Co.,Ltd.are realized by using the SPSS statistical software.The company's financial risk,the main reason is that the year 2015,enterprises have a large number of accounts receivable,received less pre-receivables,and second,the company in 2015 the company focused on The market share growth,but the financing capacity did not improve,resulting in a net cash flow of operating activities is negative,the company into a financial crisis.Finally,the proposed financial crisis in order to learn from Xi'an Pearl Home Co.,Ltd.,the company should establish and improve the crisis management organization and financial crisis early warning system,and also to improve the management level of managers and financial staff to prevent the possibility of financial crisis...
Keywords/Search Tags:Financial Crisis, Factor Analysis, logistic Model, Early-Warning
PDF Full Text Request
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