The Research Of Credit Rating Of Technology-based Small And Medium Sized Enterprises

In the era of ever-growing science and technology,economic development is increasingly dependent on technology-based SMEs.Technology-based SMEs have played a leading role in economic progress and have been the "engine" of technological development and technological innovation.Whether it is for large-scale enterprises or small and medium-sized enterprises,or for technology-based SMEs,they are most concerned about the access to funds,that is,financing related issues.This is also the biggest obstacle to the development of enterprises.Whether the company has credit is directly connected with the ability of the enterprise to raise funds.In the development and operation of the enterprise,the acquisition of funds is not easy.This issue is not an enterprise problem and may have a slight relationship with certain options.In practice,a large number of scholars or financial institutions have conducted a large number of research and analysis on SMEs and constructed a corresponding credit rating system for this purpose,but their practicality is poor.There are also many shortcomings that do not apply to some companies.Therefore,the key to the existing problems is to establish a set of practical science and technology-based SME credit rating index system.Through the evaluation of relevant credit indicators of enterprises to prove their own credit conditions,through the rating results to show their own capabilities,this way,to solve the capital problem,you can use the funds to invest in the company's core sectors,such as investing in technology research and development departments,improve staff compensation Such as the rapid development of enterprises,which is the rating of the goal.In other words,companies with good credit are selected to provide funds;companies with poor credit are eliminated and information asymmetry is reduced.First of all,with the continuous development of our country ' s economy,science and technology SMEs have played a significant role in promoting national economic development with their own unique advantages.At the same time,they have also described some of the problems it faces.Credit rating is really important,not only There is a great deal of research significance in terms of theory and it is more important in practice.Then,the relevant research results of credit ratings,especially for SMEs,are not limited to domestic and foreign countries,and they also put a comprehensive comparative analysis of relevant research,and provide an overview of relevant theories,which also makes it possible to build a credit rating system later in this article.Provide theoretical support.Second,if we want to establish a targeted credit rating system,we must deeply explore the characteristics of all aspects of SMEs,integrate their unique characteristics,refer to a large number of domestic and foreign scholars to build a rating system.Prior to the establishment of the rating system,7 first-level indicators and 22 second-level indicators were used as indicators of the rating system.The principal component analysis is carried out according to the financial indicators disclosed in the selected annual report of the enterprise.After a comprehensive evaluation,a cluster analysis is performed to obtain a credit rating.Finally,the comparison between theoretical research and actual market data and data verifies that the credit rating analysis based on open financial indicators established in this paper has certain reference value,which can provide certain convenience for investment and research.At the same time,briefly explain the insufficiency of the model.According to the previous studies,some suggestions for the credit rating methods of science and technology SMEs have been proposed for the problems in the credit rating process.These recommendations are particularly targeted and are not intended to rate a company.Ratings,but from a variety of perspectives to optimize the analysis,these perspectives are related to the process aspects,as well as the rating agency itself,also includes the impact of the surrounding environment.