A Enterprise Financial Risk Early Warning Research

With the progress of the society and the continuous adjustment of the national economy,China's economy as a whole is in a stable and upward development state.However,with the intensification of market competition,China's economy is facing great challenges while developing.Especially after the impact of the financial crisis in 2008,the production and operation of various industries have been hindered.As the foundation of our national economy,the steel industry has been seriously threatened.The internal and external risks have followed and the financial risks have risen accordingly.Therefore,early detection and early warning of the financial risks of iron and steel enterprises play a very important role in the long-term development of the enterprises.Therefore,this paper takes Enterprise A as the research object,and conducts early warning research on the financial risks it faces in order to enhance its ability to prevent financial risks.The research method of this paper mainly uses the literature research method,case study method and comparative research method to sort out the relevant financial data of enterprise A from 2008 to 2017,and to conduct early warning research on the financial risks of enterprise A.Firstly,the related concepts and theoretical basis such as financial risk and financial risk early warning are sorted out to lay the research foundation of the full text.Secondly,enterprise A carries out horizontal and vertical financial risk identification from four aspects: fund raising,investment,operation and income distribution.the results show that enterprise A has greater overall financial risk in its daily development.On this basis,combined with the actual situation of enterprise A,select appropriate financial indicators,use AHP to determine the weight of indicators,and use fuzzy comprehensive evaluation method to conduct early warning evaluation on financial risks of enterprise A.Finally,according to the results of early warning evaluation,effective prevention strategies are put forward for the financial risks existing in enterprise A.In this paper,the financial risk early warning model is applied to a single enterprise in the iron and steel industry in order to help the iron and steel enterprises identify their own financial risks and provide reference for the subsequent development of enterprises.