Research On Financial Risk Early Warning Of Inner Mongolia Yili Industrial Group Co., Ltd

In the tide of market economy, every enterprise is faced with fierce competition.The enterprise management decision can be said to be on thin ice, and will be affectedby any carelessness. In particular, due to the financial crisis of enterprise bankruptcyexamples abound. Enterprise financial crisis is a progressive deterioration process.Therefore, found that financial crisis signal in time, predict the occurrence offinancial difficulties, make the enterprise to take effective measures during thefinancial crisis in the bud is the financial early warning of practical significance. Inaddition, for outside investors, effective financial early warning measures to realizeefficient allocation of capital to improve the efficiency of capital market.The dairy industry, is an important pillar industry in Inner Mongolia, its healthydevelopment, relates to the "three rural" development of our national economysustainable development on the solution of the problem. Yili group is born in thedistrict, grew up in our district dairy enterprises in China. Choose the yili group,inspects its finances, can view and become a good insight into the financial status ofthe dairy industry in Inner Mongolia starting point.Yili company financial risk early warning, because for the dairy industry, atpresent, our country’s raw material costs and food safety environment, are theimportant factors that affect the operating performance, brings uncertainties to thedevelopment of dairy industry. The author thinks it is necessary to study how topredict the future development of enterprise from financial Angle, thus reducing theprobability of bankruptcy. For the autonomous region characteristic and pillarindustries-in the dairy industry sustainable and healthy development is of greatsignificance. Furthermore, once the CSRC dubbed yili company ST, so financial earlywarning research of this paper can take history as a mirror, a lesson, sum upexperience, to establish early warning model, for the enterprise to avoid another crisisand subsequent stable development to provide management decision-making support.This paper combed the related financial early warning theory and research progress both at home and abroad, and then to yili company, analyzing the financial situationof yili company’s solvency, ability development, yili, operating ability. Finally, thearticle also USES the Z score model and F score model of yili company for financialearly warning, the results showed that the two models of yili company’s financialdistress prediction ability is very strong, the F model better.