Research On Financial Risk Early Warning Of Catering Listed Companies Based On Cash Flow Perspective

Today’s fierce market competition and changing market environment make financial risks more and more concerned by enterprises.Traditional financial concepts cannot effectively meet the needs of enterprises to deal with emergencies.Cash flow crises often occur.Based on this,enterprise groups urgently need to carry out The study of financial risk early warning ensures sufficient and stable cash supply to prevent and resolve its own financial risks and solve the crisis of sustainable development of enterprises.Building a financial risk early warning model needs to select a certain financial perspective as the starting point.After comprehensive consideration of financial factors,it is found that cash flow not only has the advantage of optimizing the internal and external turnover frequency of unit funds,but also can set an example for alleviating one’s own financial pressure or risk.Examining the characteristics of the industry to which the research object belongs,no matter from the perspective of the current era background or its relatively cash flow-dependent characteristics,can well fit the goal of this research.How to scientifically understand the cash flow risk events of enterprises under this background;how to scientifically evaluate the role and influence of risk early warning in the process of its traceability;Realistic issues that need to be faced urgently.Therefore,based on the perspective of cash flow,this study has important practical significance for early warning research on the financial risks of QJD enterprises,which are representatives of catering listed companies.This study first explains the theoretical basis of cash flow and financial risk early warning,and then sorts out,summarizes,and reviews the current status of cash flow in financial risk early warning model research by foreign and domestic scholars in the field of cash flow and financial risk early warning models.Then it puts forward the shortcomings of the existing research,and clarifies the purpose and significance of this research.Afterwards,a joint analysis was carried out from the current situation of the catering industry,the financial status of listed catering companies,and the business and financial status of QJD enterprises,and the cash flow indicators were introduced into the financial risk early warning model,and a model that was in line with the actual situation of QJD enterprises and could be used in the catering industry was designed.In this process,the financial data of QJD enterprises for five consecutive accounting periods from 2017 to 2021 are advanced and processed by referring to the principal component analysis method,and the weights of each operational variable of the financial risk early warning model based on the perspective of cash flow are obtained,which is selected with the gradient The company in the same industry as QJD is used as a case sample to calculate the standard value of the evaluation index required by the early warning model that is not listed in the "Enterprise Performance Evaluation Standard Value 2021",and then the improved and expanded efficacy coefficient method is introduced into the model as For the evaluation method of the warning limit,the relevant data of QJD enterprises in the past five years are substituted into the model to calculate the early warning level,so as to obtain the comprehensive effect score of QJD on cash flow indicators,and after comparing it with the characteristic table of the warning limit range,it shows In 2017,QJD’s cash flow status was light,followed by moderate in the next two years,and heavy in the last two years.Based on this,a strategy to strengthen the early warning management of QJD’s financial risks was put forward,and finally it was selected for catering listed companies based on the perspective of cash flow.Early warning model and improve financial early warning management to provide reference.This study puts forward a new perspective on the financial risk early warning research of catering listed companies,enhances QJD’s property insurance early warning awareness,strengthens its cash flow-based property insurance early warning management,and provides reference for catering companies in the same industry.