The Research On Early Warning Of Financial Crisis Of AGLS Company

With the advent of the information age,the Internet industry has developed rapidly,and the resulting series of products and services have become an indispensable part of people’s daily life,and the economic benefits brought by it have also become a very important component of the national economic structure.However,the Internet industry is characterized by fast updates and iterations,high returns and high risks.If the company cannot maintain a good financial structure and cannot balance the relationship between risk and development,it will lead to serious financial crisis.Early warning has become an important part of enterprise financial management.Fundamentally,the level of financial management is a direct factor affecting the financial status of an enterprise.Therefore,under the circumstance of constant changes in the internal and external environment,enterprises need to comprehensively improve the level of financial management and establish and improve the financial crisis early warning mechanism to avoid the occurrence of financial crisis.This paper takes AGLS company as the case study object,and studies its financial crisis early warning by means of case analysis,quantitative and qualitative research.The basic contents of the research include:Firstly,on the basis of the basic situation and financial situation of AGLS company,it analyzes the risk of AGLS company and the current situation of financial crisis early warning.Secondly,research samples are selected from A-share listed companies in the Internet industry,and representative financial indicators and non-financial indicators are tested and screened,and an early warning indicator system is constructed after screening.Again,a logistic regression model based on stepwise regression was constructed based on the principal component factors extracted by factor analysis.Finally,the financial crisis early warning model constructed will be applied in AGLS company.The study found that the logistic regression model based on the stepwise regression method can effectively carry out the financial crisis early warning work of AGLS company.Financial crisis is caused by a combination of factors such as financing difficulties,internal control failure,and decision-making errors.Among them,the lack of financial crisis early warning mechanism,weak financial management level,insufficient profitability and shortage of cash flow are the key reasons for the financial crisis of enterprises.Therefore,AGLS companies should establish and improve the financial crisis early warning mechanism,formulate financial crisis prevention measures,prepare financial crisis emergency plans,train specialized crisis management personnel,and ensure the effective operation of the internal control mechanism.Only by establishing a sound financial crisis early warning system and implementing financial crisis prevention countermeasures can enterprises effectively avoid financial crisis.This paper studies the financial crisis early warning of AGLS company,in order to provide a certain reference for the company to avoid financial crisis and achieve sustainable development,and hope to provide reference for other companies in the Internet industry financial crisis early warning.