Research On The Early Warning System For Financial Risks On Daily Chemical Enterprises

Under the mechanism of the market economy,the financial risks facing enterprises are pervasive.Due to the uncertainty,complexity,and diversity of financial risks,they may make the enterprises suffer incalculable losses.Therefore,in order to maintain a good financial status and business development,the enterprise needs to carry out financial risk pre-warning timely,establish and make full use of a set of scientific and reasonable financial risk pre-warning system,and formulate a suitable financial risk warning strategy,so as to ensure its healthy operation.With the development of the daily chemical industry,the competition is increasingly fierce.Therefore,the domestic daily chemical companies must be very sensitive to the financial risks in competition with foreign competitors.Taking the financial risk pre-warning of daily chemical companies as the research object,the thesis analyses the types and influencing factors of the financial risks of daily chemical companies,constructs the model of the financial risk pre-warning system based on the factor analysis,and adopts the grey analytic hierarchy process to verify the above-mentioned model in the practical application of Company LangQi.The study shows that the constructed model of the financial risk pre-warning system is scientific and effective with certain reference and promotion value.First,based on the insights into the background and significance of the study,the thesis analyzes the research status at home and abroad,puts forward the specific issues to be studied,determines the research content,and selects the research methods.Second,based on the literature analysis and inductive reasoning,the thesis studies on the related concepts and connotations on the enterprise's financial risks,clarifying that the enterprise's financial risk is composed of four parts,namely financing risks,investment risks,operation risks and income distribution risks.Third,based on analysis of the advanced financial risk pre-warning theories at home and abroad,the thesis adopts the factor analysis and the gray analytic hierarchy process to construct and verify the financial risk pre-warning system,which lays the theoretical foundation for the following research.Then,the thesis analyses the routine factors and comprehensive factors on the financial risks facing enterprises in daily chemical industry,establishes the financial risk pre-warning system index set,and conducts them through the questionnaire survey and factor analysis methods.Based on the results of the factor analysis,a financial risk pre-warning system model is constructed,which consists of four parts: capital status,operating status,asset status,and risk attitude,each part with specific risk measurement indicators.Finally,the thesis takes company LangQi in daily chemical industry as the case studyobject,and verifies the above-mentioned model in the practical application of Company LangQi,which shows that the constructed model of the financial risk pre-warning system is scientific and effective.