Research On Financial Risk Early Warning Of S Company

China’s economic development has entered a new normal,and its scientific and technological innovation capacity has been effectively improved,leading the world in some important fields.But the global economic recovery still lacks momentum,and China’s external situation is more severe.In the face of the ever-changing external economic environment,high-tech enterprises,as the "bellwether" of scientific and technological innovation,have been leading and supporting the development and progress of Chinese scientific and technological innovation.On the other hand,with the continuous improvement of science and technology,the term "digital society" comes into being.The country speeds up the process of building a digital society,and digital technology is also integrated into People’s Daily life in an all-round way.People’s demand and application of high-tech and highly intelligent products are more extensive.With the strong support of the state to high-tech enterprises,high-tech enterprises show a momentum of rapid development,their internal management continues to grow,the addition of new enterprises and the influx of all kinds of capital,user demand diversification,rapid product replacement,high research and development costs,high-tech enterprises are facing challenges from all sides.Therefore,the financial risks they face are increasing.It is very necessary for the development of high-tech enterprises to understand their own financial risks and establish a sound financial risk early warning system.This paper takes the financial risk early warning as the theme,takes S Company as the research object,and develops the financial risk early warning system according to the characteristics of the company,so as to analyze the current financial situation of the company and put forward the corresponding risk prevention measures.This paper studies from the following aspects:(1)Construct financial risk early warning index.Indicators are selected from the four dimensions of the company’s solvency,profitability,operating capacity and innovative growth capacity.(2)The entropy method and correlation analysis were used to screen and calculate the primary indicators,and then the improved efficacy coefficient method was used to obtain the evaluation value related to financial risk early warning of S Company from 2017 to2021.(3)Put forward financial risk prevention measures.According to the calculated early warning results,the company’s financial situation and risk early warning situation are analyzed and corresponding risk prevention measures are formulated to ensure the long-term development of S Company.