Design And Application Of Financial Warning Model Of C Company Based On Efficiency Coefficient Method

CNC machine tool manufacturing industry is a very important industry in all manufacturing industries in China.For many years,it is also a relatively weak industry in China’s industrial links.The core technology has been monopolized by Japan,Germany and other countries for a long time.In recent years,as Samsung,Apple and other mobile phone manufacturers began to shift their production lines to Southeast Asia and India,the domestic consumer electronics precision structural parts market declined sharply,leading to the recession of CNC machine tool manufacturing industry in the upstream industry and the obvious increase in financial risks.C Machinery Equipment Co.,Ltd.is a CNC machine tool equipment manufacturing industry integrating research,development,production and sales,mainly producing high-speed drilling,milling and tapping machines,glass fining machines,vertical machining centers and other products.Against the backdrop of a trade war between China and the United States,a technology war and the global economic downturn,the company has begun to take some financial risks.This paper aims to find out the financial risks in the company as early as possible through the study of the financial risk early-warning model designed by C Company,so as to provide research and judgment for the decision-making of the management level of the company.At the same time,in the theoretical level to enrich the domestic study of financial early warning cases.This paper in combination with financial risk early warning,on the basis of existing research results,analyzed the shenzhen machinery equipment co.,LTD.,the current situation of the financial early warning management,analysis the company’s financial risk early warning system,early warning management position setting,early warning methods and problems in early warning and control measures,and according to the company industry situation,puts forward the design the importance and necessity of the new financial risk early warning model.The entropy method and correlation analysis were adopted to screen the financial indicators and calculate the weight.The improved efficiency coefficient method was adopted as the company’s financial risk warning model,and the company’s financial data from2015 to 2019 were studied and calculated as the basic data.Finally,by comparing the comprehensive scores of the calculated financial indicators with the evaluation criteria,the financial status of the company is analyzed and the existing financial risks are analyzed.Finally,the following measures are proposed:Strengthen the risk awareness of employees,improve the financial early warning mechanism and internal control system,improve the management level of inventory and accounts receivable,actively explore new market channels,open up overseas markets,reduce the cost and expenses of the company.