Study On Early Warning Of Financial Risk Of SH Group Based On Efficiency Coefficient Method

Under the social background of the rapid development of the Chinese market economy,market activities are becoming more and more complex.As one of the representatives of resource and labor-intensive industries,energy enterprises are gradually facing various types of risks in the course of their operation.Among the many risks,the more typical is financial risk.Financial activities are the blood of running enterprises,so financial risk must be taken seriously.In the face of financial risk,enterprises should be proactive,strengthen their financial sense of smell,before the occurrence of financial risk and before the formation of a crisis to identify risks,to solve the risk.Building a financial risk warning system is a common financial management method.According to the current financial report of the enterprise,the key data are extracted,and other analytical methods such as ratio analysis are used,and the scientific analysis results are finally obtained.According to the analysis results,the financial risk situation of the enterprise is judged to achieve the effect of preventing risk.SH Group is the research goal of the article.Its main business is the energy production and sales of coal electric power,railway,port and ship transportation,and coal olefins.The integrated business model of coal,power generation,railways,ports,shipping,and coal chemical industry is the horizontal development of the energy business of the SH Group.The study on the early warning of financial risk of SH Group can be used as a reference for other enterprises in the coal industry in China.The article first introduces and comments on the academic achievements of financial risk and financial risk early warning at home and abroad,then summarizes the basic theory of financial risk early warning,introduces the meaning and analysis methods of financial risk and financial risk early warning.This paper expounds the financial risk characteristic of coal industry.Then the meaning,principle and advantages of the efficacy coefficient method are introduced,and the traditional method of efficacy coefficient method is optimized.The third part introduces the background of SH Group,analyzes the current financial situation and the general problems of financial risk warning,then designs the SH Group's financial early warning system and determines the standard values and warning limits;The fourth part is based on the basic principles of the construction of the financial risk of the SH Group,and constructs the financial risk system of the SH Group.When constructing the model,we first choose appropriate financial indicators from the perspective of solvency,profitability,operating ability,development ability,and comprehensive early warning analysis.By calculating the single index and the comprehensive early warning index,the financial risk early warning results of the SH group are analyzed.Finally,the paper puts forward some suggestions and safeguard measures on the financial risk situation of SH Group.Make the relative safe financial decision and promote the long-term development of the enterprise.