Research On Early Warning Of Financial Risk Of L Power Generation Company

In recent years,the intensity of China's power system reform has never been unprecedented.In particular,the Party Central Committee,with Comrade Xi Jinping as the general secretary,has fully promoted the reform of the power system,dared to slap the bones,and enabled the people to continue to enjoy the dividend of reform.In particular,the reform of the transmission and distribution price mechanism in 2015 has been comprehensively carried out,and the provinces have successively incorporated reforms.In terms of the total amount,the problem of excess energy will become more prominent.From the perspective of economic efficiency,compared with power demand,the power supply capacity is sufficient,the new power generation capacity is increased,the utilization hours of generator sets are significantly reduced,and the operating efficiency of power companies will be reduced,and some power companies may face losses.L Power Generation Company is a three-level wholly-owned non-listed subsidiary of China Huadian Group.It is a large-scale enterprise in China and a“first-class thermal power plant” of the former Ministry of Power Industry.It is a key construction project during the “Eighth Five-Year Plan” period and the first in Liaoning Province.A large-scale thermal power station built with funds.L Power Generation Company needs to establish a financial risk early warning system as soon as possible in accordance with the characteristics of its industry and its own characteristics to cope with possible financial risks.This paper first discusses the financial risk related theory,briefly describes the financial risk early warning methods and compares them.The entropy method and the power factor method are introduced separately,and the superiority of the entropy method combined with the power factor method in financial risk warning is expounded.After that,a simple financial analysis was conducted on the L power generation company to determine whether the L power generation company has financial risks.After that,the industry analysis of the power industry was carried out,and the necessity and feasibility of building a financial risk early warning system for power companies were expounded.Then,the entropy method is used to determine the weight of the index and the screening duty,and the financial early warning indicator system of L Power Generation Co.,Ltd.is constructed.Then combined with the improved efficiency coefficient method and the enterprise industry performance evaluation standard value,the financial risk early warning system of L power generation company is constructed.Afterwards,the company applied to L to find outthe financial risks of L Power Generation Company.Finally,the corresponding solutions are proposed for the specific problems of the company.The research of this paper has certain reference value for the financial risk early warning and control of L power generation company,and also has certain reference significance for the financial risk early warning and prevention of other enterprises in the power industry.