| In recent years,due to the dual impact of national policies and the epidemic situation,public education,as the leading enterprise in the education and training industry,has suffered a certain impact,which has led to some financial problems.However,many enterprises fail to achieve the expected early warning effect because the financial indicators selected during the early warning of financial risks are not comprehensive enough.However,this paper can better analyze the financial risks of enterprises after modifying the Z-score model,and carry out corresponding financial risk early warning.The analysis results show that there are large financial risks in the year 2021 and 2022.This paper first describes the background,practical significance and theoretical significance of the research,and briefly introduces the content to be studied and the corresponding research methods to be used in the article.After consulting a large number of documents,it summarizes the collected reference documents from the four aspects of financial risk research,Z-score model,efficiency coefficient method and financial risk of the education industry,and completes the literature review on this basis.Then it defines the relevant concepts of financial risk early warning and Z-score model,and introduces the theoretical basis to be used in this paper,which lays the theoretical foundation for the following analysis.In the subsequent analysis of this paper,we analyze the Offcn Education Technology Co.,Ltd through the Z-score model and the modified Z-score model combined with the efficiency coefficient method,calculate the comprehensive score of the financial risk of Offcn Education Technology Co.,Ltd,and analyze the early warning results of Offcn Education Technology Co.,Ltd from the four directions of profitability,debt risk,asset quality risk and business growth ability.Finally,the following three conclusions are drawn: First,the calculation data of the financial risk early warning of Offcn Education Technology Co.,Ltd has dropped from a positive value in 2020 to a negative value in 2022,and its value is in the middle and lower reaches of listed companies in the education and training industry;Secondly,based on the analysis of financial risk early warning based on the modified Z model,the calculation data of financial risk early warning of secondary and public education in 2020-2022 decreased year by year,and fell to the severe early warning range in 2021 and 2022;Third,the financial risk of Offcn Education Technology Co.,Ltd is caused by internal and external factors.Through the analysis of the financial risks existing in Offcn Education Technology Co.,Ltd,this paper tries to provide a certain reference basis for Offcn Education Technology Co.,Ltd and enterprises in the same industry to reduce and avoid financial risks. |