Research On Financial Risk Early Warning Of GZ Expressway Group Based On Contribution Coeffcient Method

Transportation is the "blood vessel" of social and economic development,and transportation is a basic,leading and strategic industry in the national economy.General Secretary Xi has repeatedly stressed that "the construction of transportation infrastructure has a strong leading role".China’s highway industry enterprises,always in the financing and securities lending,construction development and principal and interest repayment construction cycle,the main financial indicators of the enterprise observation and risk early warning,can help them effectively control financial risks,make them in a good operating state sustainable and healthy development,for local economic development construction.GZ Expressway Group Co.,Ltd.is the first enterprise in GZ Province to issue bonds in the financing market and was rated AAA by external rating agencies,and is a leading enterprise in the highway construction and operation industry in GZ Province.This paper analyzes the financial indicators of GZ High-speed Group from four categories:profitability,solvency,operating ability and development quality,empowers the four types of financial indicators by the entropy value method,combines the SPSS software screening indicators,and finally establishes an early warning model based on the improved power coefficient method,and scores the screening indicators and divides the early warning level.According to the index scoring and the operation results of the early warning model,combined with the actual situation of the industry and the research and research,this paper puts forward constructive improvement measures for the financial risks shown by the guarantee and early warning results of the company’s early warning system,focusing on improving the accuracy and sensitivity of the early warning system,so that the early warning system can play an effective role,and help the decision-making management department adjust the business strategy and mode in time.The financial risk early warning model designed based on the power coefficient method aims to observe and judge the degree of financial risk of the company from a quantitative perspective,which can effectively help the company’s management department to identify the alarm situation and formulate corresponding optimization measures in combination with the early warning model,improve the company’s financial indicators,and avoid more losses caused to the company by risk expansion.This paper highlights the environmental impact and industry characteristics of GZ Expressway Group’s financial risk early warning research based on the power coefficient method,which can provide important information reference for some enterprises with high debt and high cost operation in the province,and can also provide reference for the financial risk early warning research of enterprises in industries mainly based on mountain expressways,help enterprises establish a scientific and reasonable financial risk early warning system,take timely targeted measures,prevent possible financial crises,and avoid the emergence of financial crises.