Research On Financial Risk Early Warning Of JKDL

In recent years,the novel coronavirus epidemic has swept across the world,affecting the global politics,economy and society to varying degrees.Global inflation,rising international commodity prices,increasing international tensions,the outbreak of war between Russia and Ukraine in early 2022.Russia and Ukraine are two major energy exporters in Eurasia.The war has blocked energy supply and affected the stability of the global energy market.At the same time,the price of international coal energy also fluctuates and rises,bringing great risks to thermal power enterprises.Our country is a large power generation country.Statistics show that our current electric power structure,thermal power accounted for more than 70%,and the present situation will continue for a long time,so our country is greatly affected by the rise of international coal prices.In September 2021,due to the tight supply and demand of coal,the phenomenon of electricity and production restriction appeared in northeast China,which seriously affected the normal production and life order of the society.In order to improve the anti-risk ability of thermal power enterprises and ensure their stable development,it is necessary to build a financial risk warning system for them.First of all,this paper reviews the literature on the theory and model of financial risk early warning at home and abroad,and introduces the principle and application of entropy method and efficacy coefficient method.Secondly,it briefly introduces the basic situation of Jincong Electric Power,analyzes its financial situation and internal and external environment,and uses the method of qualitative and quantitative analysis to identify the financial risk from the overall level.Thirdly,entropy method and correlation analysis are used to screen the financial risk early warning indicators and assign weights to the indicators,so as to construct the financial risk early warning indicator system of Jinhong electric power.The improved efficiency coefficient method is used to construct the financial risk early warning system of Jinhong electric power,and the system is applied to the financial early warning of Jinhong electric power to verify the early warning results.Then the results of single warning and comprehensive warning were analyzed.It is concluded that Jinkong Electric Power faces certain financial risks in the aspects of profitability,debt paying ability,operation ability and development ability,and predicts that it may also face certain degree of financial risks in the future.Finally,according to the financial risk early warning results,from the enterprise overall level and enterprise financial level to prevent and control the financial risk measures.The purpose of this paper is to establish a financial risk early warning model for Jinkong Electric Power,to give early warning to its financial risks in time,and put forward preventive measures to prevent financial risks in time,protect the healthy development of the enterprise,and safeguard the interests of investors and creditors.