Research On Financial Risk Early Warning Of High-tech Enterprises Based On Efficiency Coefficient

The 20th National Congress of the Communist Party of China clearly pointed out that we must adhere to science and technology as the primary productive force,and by2035,achieve high-level scientific and technological self-reliance and selfimprovement,enter the forefront of innovative countries,and build a scientific and technological power.With the dissipation of the "haze" of the new crown virus,China’s economy has shown a recovery trend,and the identity of high-tech enterprises as pioneers plays a vital role in the high-quality development of China’s economy.Based on the characteristics of high R&D costs and solid industry barriers,thesis selects the first batch of enterprises A established in the high-tech industry,in order to effectively cope with the risks and challenges faced in the development process,it is particularly important to build a financial risk early warning system for enterprise A in a timely manner,and evaluate and study its results.First,read relevant literature at home and abroad,summarize theoretical knowledge,describe the background of high-tech industry,and then analyze the financial status of enterprise A from four dimensions:profitability,operating ability,solvency and development ability.Secondly,the financial risk early warning system of enterprise A is constructed,the financial indicators from 2017 to 2021 are selected,the entropy value method is used to determine the weight of the index,and the correlation analysis of the index is carried out with the help of SPSS software,and the index is screened according to the company’s own financial status,and then the entropy value method is used again to determine the weight of the screening index.Finally,the financial early warning level of enterprise A is calculated by the efficiency coefficient method,and the evaluation and analysis are carried out to put forward relevant countermeasures and suggestions.Through analysis,thesis finds that Company A has financial risks such as weak awareness of early warning,poor main business income,and long collection cycle of accounts receivable.Based on the above risks,the following suggestions are made:build an effective financial risk early warning system;Strengthen expense management,increase the review of customer credit qualifications,and avoid the generation of bad debts;Focus on research and development to build their own core competitiveness.It is hoped that this article can provide a certain reference for Company A and promote the efficient development of the company.