Research Of Y Company’s Financial Risk Early Warning

Automobile manufacturing industry is the mainstay of China’s manufacturing industry,its development directly related to the national economy develop healthy.In the current intense market competition environment,the enterprise only perceive risk and control in time,improve management decisions at crucial moments,prevent and avoid risk effectively,so the company can grasp the development opportunities better.Financial risk is the most critical risk which enterprise will face,because companies have any problems will reflect on the financial status.At the same time financial risk also measurable,the occurrence of financial risk can often be found in advance,so you can use the scientific research method to predict and assess the financial risk.The construction of financial risk early warning system is based on financial indicators and information system platform,detect the influencing factors to the enterprise financial status,use scientific early warning system to detect the calculation and analysis results,to determine the possibility of financial risk.Finally,according to the identified evaluation criteria previously to assess the risk of enterprise and put forward the early warning alarm.Therefore,for the enterprise,a scientific financial risk early warning system is the important measures to ensure the enterprise discover the financial risk,and control the financial risk.This paper selects Y company as the research object,and study its financial risk early warning.First,elaborated the research background and research significance of this paper,and briefly combs the literature review at home and abroad;Secondly,introduces the basic concepts of financial risk early warning;Then analyse the present situation and problems of financial risk early warning of Y company,and point out that the current problems existing in the financial risk early warning;Then base on the theory of financial risk early warning and the actual situation of Y company,use debt paying ability,profit ability,operation ability and development ability this four aspects index reflect the company’s financing risk,investment risk,operation risk and income distribution risk,with the improved efficacy coefficient method as early warning method of Y ompany,build a financial risk early warning system;After apply the system in the Y company financial risk early warning,analyse the early warning results from com prehensive and specific indicators,and use Z-score model verification,according to the results of the early warning propose relevant financial risk prevention measures.Finally,raise four measures to ensure the system running normally.This paper hope improve the company’s financial risk management,use the quantitative methods of financial risk early warning,to build a suitable financial risk early warning system for Y company.This paper hope can help enterprises to percept the risk factors,improve the risk prevention ability of enterprises and the level of financial risk early warning,to ensure the stable operation and sustainable development of the company.