Bin liu
ABSTRACT
Abstract: The 14th Five-Year Plan proposes to improve the financial risk prevention, early warning, disposal, accountability system. In the era of rapid development of the Internet, Internet finance occupies a place in the financial industry because of fast growth, high efficiency and wide coverage. As a method of financial risk management, early warning of financial risk can predict the financial risk of enterprises, find the problems that may exist in enterprises, and enable enterprises to take preventive measures in advance to avoid further expansion of risks. This paper selects Ant Group for financial risk early warning research. this paper comprehensively analyzes the financial data of Ant Group during 2017-2020 from the perspectives of profitability, debt paying capacity, operation capacity and cash flow capacity, and adopts factor analysis method to build a financial risk early warning model to deal with financial risks. According to the warning results, 2018 is at the high risk stage, 2019 and 2020 will still be at the significant risk level. Finally, according to the research conclusions, corresponding improvement measures are proposed to strengthen the financial risk coping ability of Internet finance companies and help them achieve sustainable development.
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Index Terms
- Research on Financial Risk Early Warning of Internet Financial Companies: - Analysis of Ant Group's Typical Case
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