The Study On The Financial Risk Early Warning Of Ship Manufacturing Enterprises

Nowadays financial risk management has become a core issue with China's rapid economic development. People's awareness of risks has become increasingly broad and comprehensive; meanwhile the research on early warning and precautions against risks is done much further now. The research on Financial Risk Management is to help enterprises reduce financial risks, which is to find out what has been or will be going wrong in the process of managing the enterprises'finance and get rid of it at the very beginning so that we could heighten their financial management level and increase economic efficiency.The role that ship manufacturing enterprises plays in the national economy is becoming more and more important. Ship manufacturing enterprises are growing in such a high speed that competition between enterprises becomes increasingly fierce. For these reasons a variety of unexpected or uncontrollable factors may result in financial risks and economic losses. For a listed ship manufacturing enterprise very few studies are done in predicting financial risks. So I choose to carry out a study in this field that based on the analysis of the features of ship manufacturing enterprises and some experience in other related fields. In this essay I propose a system of early warning indicators of financial risk and then build a model.At the beginning of the essay I make a detailed review of the classical models at home and abroad. In the second part I analyses the current situation of ship manufacturing enterprises and their features. And I list the possible financial risks and the factors that would affect them. In the last part I propose a system of early warning indicators of financial risks and analyses it with an example.