Financial Risk Early Warning Model Of Chongqing ZW Company Construction Research

From the point of view of enterprise development,there are many factors that affect its development,the change of internal and external environment,the error of enterprise strategic goal selection,the shortsightedness of management and so on will lead to the failure of enterprise.From the micro point of view,the most basic reason for the failure of enterprises is usually the financial risk of enterprises.Once financial risk occurs,it will bring fatal harm to the company.And this kind of risk is extremely difficult to resolve.Therefore,strengthening financial risk management and realizing effective risk control have become a problem that enterprises must face directly.To do a good job in financial risk management,financial risk warning is particularly important.This paper makes an in-depth study on the financial risk management of Chongqing ZW company.Based on the problems found in the study,this paper puts forward the idea and basic path of risk early warning model construction,and carries out calculation and verification.Specifically speaking,first of all,through the investigation and interview on the financial risk awareness of the staff of Chongqing ZW company,it is found that Chongqing ZW company does not pay high attention to the risk early warning management,lacks the awareness of risk early warning,and has big problems in the mechanism.Therefore,according to the principles of scientificity,systematization and predictability,combined with the characteristics of the auto parts industry,the financial risk management mechanism is designed The financial risk early-warning model with 4 first-class indicators and 14 second-class indicators is set up,and the index weight in the early-warning model is analyzed by using the efficiency coefficient method.Finally,the model is verified by combining with the financial data of Chongqing ZW company from 2017 to 2019.From the results,the possibility of financial crisis in 2017 to 2019 is not great,but from the trend,the possibility of risk is high It is increasing year by year.In view of the above results,we propose to effectively prevent financial risks from fund management,cost control,accounts receivable,expanding business layout,and so on.At the same time,we propose to strengthen the awareness of risk early warning,improve the risk early warning organization,and improve the collection and sharing of financial risk early warning information to ensure the implementation of financial risk early warning model.The research of this paper can provide reference for Chongqing ZW company and other enterprises with the same or similar problems in financial risk early warning,and also hope that this paper can play a reference role in the research of risk early warning.