TJG Company Financial Risk Early Warning Problem Research

Logistics transport can not do without port transport,the importance of port is becoming more and more prominent.The main mode of transport of the port company is sea transportation,which is used to transport a large number of goods.With the increase of shipping vessels,the throughput of the port has been greatly increased and the company’s performance has been constantly improved.However,with the change of economic development and growth direction,the advent of the era of big data and the constant updating of intelligent systems,the company is faced with pressure.In the competitive market environment,it is essential for enterprises to have high-level management.Meanwhile,it is also necessary to establish a financial risk warning model,which can timely and dynamically monitor the company’s daily business activities and help enterprises to reduce and avoid losses caused by financial risks.The purpose of this paper is to find out the risk of the company and put forward some Suggestions.The financial risk warning model of TJG company is divided into six chapters.Based on the financial risk early warning theory and financial risk early warning model,this paper studies the financial status and financial risk early warning of TJG company.The annual report of TJG company from 2010 to 2019 was selected,and the contents illustrated in the notes were used as the source of data.Analyzing the current situation of TIG company,2010-2019 financial data from debt paying ability,operation ability,profitability and development ability,the cash flow of five aspects to analyze the financial condition of enterprises,it is concluded that TJG company in financial aspect,such as incomplete accounts receivable credit policy,loss of accounts receivable management,financial management control ability insufficiency,the main business income growth is slow.In the construction of the financial risk early warning model,according to the selection principle of pertinence,operability,comprehensiveness and foresight as indicators,the debt paying ability,operating ability,profitability and development ability are determined to be the first-level indicators,and then subdivided into 21 specific second-level indicators.Taking financial data from 2010 to 2019 as samples,entropy weight method is used to assign weight to selected indicators,and the enterprise performance evaluation standard publishedby the state-owned assets and administration commission of the state council is taken as the standard value of enterprise performance evaluation.After specifying the calculation process of the fuzzy comprehensive evaluation method,the financial data of TJG company from 2013 to 2019 are calculated,and it is concluded that the warning situations of the company from 2013 to 2019 are all safe,but there are differences in various abilities.According to the early warning results,it is suggested that the company should introduce professional talents,establish a professional team,pay enough attention to,formulate credit policies,carry out risk management and incorporate the corporate culture in improving the turnover rate and recovery rate of accounts receivable.In terms of improving profitability,we should promote new processes,improve port reception capacity,focus on cost control,improve work efficiency,integrate our own resources,innovate port services,expand enterprise scale and optimize business capacity.Finally,in the research results,the content of the whole article is summarized,and the conclusions obtained from the research are summarized and integrated.It is hoped that more timely standard values can be selected in the future research to increase the horizontal comparison,so as to provide reference for the comparison between TIG company and other companies in the industry.