Research On Financial Risk Early Warning Of S Company

In the face of increasingly severe market environment,the phenomenon of enterprise bankruptcy caused by financial crisis occurs frequently.In order to prevent this situation,enterprises need to establish an effective financial early warning model,and timely detect and resolve the crisis.For S company in liquor industry,in recent years,the industry competition pressure is increasing year by year,and the market is gradually depressed.This requires companies to guard against a variety of possible risks,especially financial risks.Financial risk exists objectively in the company's business activities.If the company fails to find these explicit or implicit risks in time,the development of the company will be greatly affected,even the interests of the company's stakeholders will be affected.In this case,S company also needs to establish an effective financial early warning model,according to the company's financial data to predict and analyze the risks faced by the company's business activities and financial activities,so that managers can find the risks and solve them in the first time.This can not only improve the company's own risk prevention ability,but also improve the company's market competitiveness and promote the healthy development of the company.This paper first analyses the background and significance of financial risk early warning,and then introduces the research ideas,research methods and innovations.Secondly,it elaborates the relevant theoretical knowledge of financial risk and financial risk early warning,and introduces different types of financial early warning models in detail by using a large number of domestic and foreign literature.Finally,it discusses the relevant theory of efficiency coefficient method,and expounds the shortcomings of traditional efficiency coefficient method and the improved efficiency coefficient method.Then,this paper first outlines the basic business situation of S company,then uses the financial data of the mid-20 th period of 2013-2017 to analyze the four capability indicators of S company to evaluate the company's financial situation.At the same time,it analyses the factors that affect the company's financialrisk from both internal and external perspectives.Then,on the basis of optimizing the traditional efficiency coefficient method,this paper determines the standard value of early warning indicators,early warning alert line and the principle of selecting early warning indicators of financial risk.Pearson correlation coefficient method is used to test the correlation of financial indicators and select relevant indicators.At the same time,the relevant weight is determined,and a set of financial early warning model suitable for S company is established.Finally,this paper applies the financial early warning model to S company to warn its financial risk,and compares it with benchmarking enterprises in the same industry.Then,some preventive measures are put forward to eliminate financial risks for the company.At the same time,the financial risk is summarized and analyzed through financial early warning,and the future development of S company is forecasted.In this study,the improved efficiency coefficient method,the combination of qualitative and quantitative methods,case analysis and other research methods are used,and compared with benchmarking enterprises in the same industry,which add highlights to the article.According to the financial situation of S company,this paper finally constructs a set of financial early warning model suitable for S company.This model has strong pertinence,which can help S company find financial risks in time and solve risks in the fierce market competition,and ensure the healthy and stable development of the company.It is hoped that the results of this study will not only be of great significance for S company to prevent financial risks,but also have a certain reference value for other liquor companies to implement financial early warning.