Construction And Application Of Financial Risk Early Warning Index System Of Company A

At present,China has entered a new stage of high-quality development,with the goal of carbon peak and carbon neutral,it is necessary to accelerate the construction of a new development pattern of green low-carbon cycle energy.As the basic energy type in China,coal provides a solid guarantee for the stable operation of the economy,but the unbalanced and insufficient development of the coal industry in terms of efficiency,technology and environment is no longer suitable for the new requirements of high-quality energy development.As a leading anthracite coal producer,Company A has been transforming into a "billion ton coal producer" and a "photovoltaic + energy storage" new material industry in two major directions.In this paper,on the basis of literature research method,case study method,qualitative and quantitative methods,we combine financial diagnosis theory,risk management theory and capital structure theory to study the financial risk early warning index system of Company A.Firstly,the financial risks of Company A from 2016 to2020 are analyzed qualitatively in four aspects: financing risk,investment risk,operation risk and revenue distribution risk,and it is found that Company A has financial risks such as single financing method,low investment return rate and low turnover rate of accounts receivable;secondly,the financial data of Company A in the past five years are used,and the entropy weight method and correlation analysis are combined to construct a suitable Company A's financial risk early warning index system;again,the constructed index system was applied to the improved efficacy coefficient method model to quantitatively analyze Company A's financial risk,and the early warning scores of Company A from2016 to 2020 were measured to be 0.89,0.87,0.78,0.67,and 0.65,corresponding to the early warning status of no warning,no warning,light warning,medium warning,and medium warning;finally,the The results of financial risk early warning are analyzed and suggestions are made for the prevention of financial risk in Company A from two aspects:firstly,suggestions are made for financial risk activities;secondly,suggestions are made in terms of building a financial risk early warning system so as to guide the healthy and stable development of the enterprise.This paper takes Company A as the research object,analyzes its financial risks in depth,constructs a financial risk early warning index system applicable to Company A,and makes targeted suggestions on the actual risks,which helps Company A's management better understand the company's current financial situation,learn about the potential financial risks in time,and promote the sustainable development of the enterprise,and also has certain reference significance for related industries.