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Research On Financial Risk Pre-warning Of SKGF Based On The Method Of Efficiency Coefficient

Posted on:2020-07-13Degree:MasterType:Thesis
Country:ChinaCandidate:G L MaFull Text:PDF
GTID:2439330578977438Subject:Accounting
Abstract/Summary:PDF Full Text Request
Against the backdrop of the slowdown in the rate of economic growth center,China's equipment manufacturing enterprises,especially those involving bearing parts and components of market segments,are facing greater operational pressure and financial risks.Financial risk has become an extremely important concern in the operation and development of enterprises among the numerous risks faced by enterprises.Although the risk sources of enterprises are not limited to financial aspects,the main factors of their business failure are weak financial risk control.If reasonable measures can be taken in time to prevent and resolve various financial risks faced by enterprises,enterprises will avoid greater losses.By establishing a perfect financial risk early warning mechanism,risks can be effectively avoided and losses can be reduced.This paper uses the efficiency coefficient method to construct an enterprise financial risk early warning model.Firstly,by introducing the case and analyzing the development of the case company and the status quo of the industry,the necessity of establishing a risk early warning systerm is proposed.Secondly,the appropriate financial indicators are selected through correlation analysis and the weight of the indicators are given through principal component analysis.Finally,the financial risk warning system is used to analyze the financial risk of the case company,at the same time propose corresponding countermeasures.The purpose of this study is to use the improved efficiency coefficient method to construct a financial risk early warning model suitable for SKGF,and strengthen the supervision of financial risks through the early warning model to prevent the occurrence of financial crisis.Relevant early warning results can also provide a reference for the stakeholders of SKGF,and the corresponding risk control measures can also provide a certain reference for the general bearing and machinery manufacturing industry.
Keywords/Search Tags:Financial Risk, Risk Pre-warning, Efficiency Coefficient Method, Principal Component
PDF Full Text Request
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