Research On Financial Risk Early Warning Of KR Environment Company

With the sustained and rapid development of China’s economy,China’s economic development has shifted from the stage of high-speed growth to the stage of high-quality development.In the Government Work Report for 2020,it is pointed out that promoting green development and promoting the harmonious coexistence between man and nature has become the top priority of national development.It has become the future development direction of the enterprise to deeply implement the sustainable development strategy,consolidate the achievements of the battle to protect the blue sky,clear water and pure land,and promote the green transformation of production and life style.Environmental enterprises have also ushered in a huge opportunity and challenge.Faced with new opportunities and new era background,how to control financial risk has become the key to the healthy development of the company.KR Environmental Company is a comprehensive environmental treatment service provider integrating water environment treatment,solid waste treatment,hydrogen energy and sanitation services,and is the backbone of the sustainable development strategy.Under the new opportunity,the company’s financial risk early warning is particularly important.This paper refer to the financial risk early warning of the related literature at home and abroad,clear the principle and application of the construction of a financial risk early warning model,and then based on the related theory of financial risk early warning for KR basic financial status and internal and external environment of company financial risk are analyzed,and then in accordance with the specific analysis is improving the company’s financial risk early warning system: first,constructing principles and company financial risk early warning system based on the actual financial condition choose build financial risk early warning index system of financial risk index;Second,the Delphi method and entropy method are used to give weight to the external and internal financial risk-related indicators respectively from the subjective and objective perspectives.Thirdly,combined with the environmental protection industry evaluation standard value,the fuzzy comprehensive evaluation method is used to comprehensively score the company’s financial risk early warning situation and determine the financial risk early warning level;Finally according to the assessment of financial risk early warning level,put forward the corresponding preventive measures.Through the study,it is found that the current financial situation of KR environment company is poor,with a greater financial risk,and the financial risk early warning system should be improved.At the same time,the financial risk early warning results obtained through the financial risk early warning system are consistent with the actual situation of the company,which verifies the reliability of the financial risk early warning system.