Research On KL Company’s Financial Risk Early Warning System

As China’s economic transformation accelerates,the strategic position of the new materials industry is further enhanced.As an important part of China’s new materials,precious metal catalysts have been strongly promoted and encouraged by the state.At the same time,the new materials companies in which they are faced are also faced with complex business environment and fierce corporate competition.How to control financial risks,steady development,and continuous profitability become the key to the company’s development.KL is mainly engaged in research,development,production,sales and processing of precious metal catalysts,precious metal compounds and precious metals recycling,as well as financial risk warning management issues.Based on the relevant theories of financial risk early warning,this paper firstly analyzes the financial risk status and financial risk warning status of KL Company objectively.Then,according to the actual situation,optimize the design of KL company’s financial risk early warning program: establish an early warning indicator system to replace the univariate early warning indicator,use the entropy method to objectively assign weight to the indicator;based on the fuzzy comprehensive evaluation method to construct a fuzzy comprehensive evaluation model,combined with industry standards The value of the company’s financial risk assessment is calculated and the financial risk level is determined.Finally,based on the evaluation results,the corresponding financial risk prevention measures are proposed to help KL find,analyze and take corresponding measures to avoid financial risks,which is the company’s continuous and stable.