Research On Financial Early Warning Of Agricultural Planting Enterprises

Agriculture is the foundation of the national economy.Due to the long agricultural production cycle,strong seasonality,and the impact of natural factors,leading to unstable operation of agricultural enterprises,low profit level,coupled with the increasingly fierce market environment,there is a greater risk for the survival and development of enterprises,if it does not cause attention,it is easy to cause financial crisis,causing great harm to enterprises.Therefore,it is of great significance to study the financial early warning of agricultural planting enterprises.How to timely and accurately monitor and forecast the warning situation has become a problem that must be paid attention to in modern enterprise management.It is the objective requirement of market competition and an important guarantee for the survival and development of enterprises.Financial early warning is beneficial for enterprises to adjust their operating decisions according to their own conditions,and provides a reliable basis for the effective allocation of resources.It is of great significance to protect the interests of investors and creditors and to prevent financial crisis.Early identification of risks and the establishment of a financial warning system suitable for the characteristics of agricultural enterprises can reduce the probability of financial crisis and ensure the normal operation of enterprises.Taking ZF potato seed company as the research object,this paper firstly summarizes the domestic and foreign literatures related to financial early warning,and expounds the concept,function,related theories of financial early warning,as well as the purpose and significance of financial early warning research.According to the characteristics of agricultural production and operation and ZF company,the current situation of its own financial situation and financial warning is analyzed.Based on the financial data of ZF company in the five years from 2014 to 2018,indicators were selected from the four aspects of debt paying ability,operating ability,profitability and development ability.The entropy method was adopted to give index weight,and a financial warning system suitable for agricultural enterprises was constructed through index screening.Through the early warning system and efficacy coefficient method,the comprehensive evaluation of ZF company was conducted,and the early warning score was calculated,so as to judge that the company has a high financial risk and a high probability of financial crisis.Finally,according to the result of early warning,and put forward should improve the level of profitability,strengthen credit management,inventory management,fixed asset management,and other measures to prevent financial risk early warning,and improve financial warning from consciousness,establishing the financial early warning system,optimize the financial early warning method,set up financial early warning organization,etc.,puts forward the measures about financial early warning work,to ensure smooth running of enterprise to provide effective Suggestions.