Research On Financial Credit Risk Evaluation Of High-tech Enterprise

With the rapid development of information technology and the arrival of the era of knowledge economy, high-tech enterprises emerge in large numbers and got violent development in our country, high-tech enterprises gradually play the role,be the impetus of economic growth and social stability,that other enterprises could not qualified.The "Torch Plan",which has running since1988,drives the development of high-tech enterprises in our country, thereafter, our government has issued a series of policies and preferential measures to promote the development of high-tech enterprises in China, and regards it as an important strategic task.However, the financing of high-tech enterprises, which is related to the development of bank and enterprises, is always a suspense problem for the domestic banking sector.The way to solve the problem of supply and demand contradiction of commercial bank and the high-tech enterprises and realize the interests of both sides of the "win-win" has always been a focus of the course of study.Two main reasons cause the shortage of funds of high-tech enterprises in China, on the one hand, Chinese capital market is not developed; on the other hand, the high risk of high-tech enterprises is draw apart with the pursue of safety of commercial banks,in further, the banks still use the traditional enterprise financial credit risk evaluation criteria,which is not suit to high-tech enterprises and lead to that many objective credit rating of high-tech enterprise grade is underestimated and reduce the opportunity of access to commercial bank loans and lose customers,in loan review for the high-tech enterprises.This article try to establish a specialized high-tech enterprises financial credit risk evaluation system from the perspective of commercial banks.In the course of the study, from the respect of the main body of financial credit risk evaluation-the pursuit of the liquidity, safety and profitability,and the traditional financial finance credit risk assessment framework as the basis, basic driving factors identification, respectively, from the quality of enterprises, financial situation, operating conditions of the three level to build traditional financial credit risk evaluation index system for driving.on the other hand,this article base on static dynamic characteristics of high-tech enterprises and the analysis of driving factors, feature recognition, from the technology innovation ability, human resources efficiency, the transformation of scientific and technological achievements to construct the characteristics of high-tech enterprises drive index system.Finally, this article builds high-tech enterprises financial credit rating model with a view to high-tech enterprises’ financial credit level to make more objective and fair evaluation on the basis of optimization design, by using fuzzy comprehensive evaluation method..The article finally takes Hisense Electric Appliance Limited Company as the basic data of the empirical analysis.The rating result further proves the feasibility of high-tech enterprises financial credit rating model.The result of this study is valuable in commercial bank credit risk controlling, high-tech enterprises financing and the developing of the system finance of science and technology in the information age and economic transition period.