Analysis Of Financial Early Warning Z Model For Xiangeqing

In recent years,although China's economic environment has developed rapidly,since the US subprime mortgage crisis has triggered a financial crisis,companies have undoubtedly been exposed to multiple risks,and their survival and development can be described as huge challenges.With increasing risks,some companies even face the dilemma of bankruptcy.How to get rid of the financial dilemma before it is formed in the cradle,to avoid or even eliminate the crisis as much as possible,has become a big problem that major companies urgently need to solve.In order to cope with such an environment and crisis,in addition to strengthening management supervision and improving the level of employees' business,it can be said that the most important point is to improve their financial ability to cope with risks.Therefore,in order to maintain financial vigilance,enterprises should find out as soon as possible their own financial loopholes as soon as possible,to contain the financial crisis as soon as possible,to minimize financial risks and reduce business losses.The only way to enable companies to discover the existence of a financial crisis is not unique.Xiangeqing used to be a catering company with considerable market influence,but it issued a corporate bond default announcement and added *ST.This article will introduce the Xiangeqing conditions as a case,conduct specific enterprise financial early warning analysis,try to use the existing financial early warning model,combined with relevant literature,analyze the financial crisis signals of Xiangeqing based on the company's financial data,and analyze the cases that lead to breach of contract.For financial reasons,the proper use of financial indicators and related data to achieve a combination of financial and management,to alert users of financial information to the financial crisis of the investment object.