Early Warning Research on Financial Risks of Catering Enterprises Under Grey System Theory:Taking ZS Enterprise as an Example
How long a listed company can survive in the industry depends largely on its financial condition.Managers should pay attention to the financial risk of the enterprise and establish a perfect early warning mechanism to prevent the enterprise from falling into irretrievable financial difficulties.Taking ZS Company in the catering industry as an example,the article selects the financial data from 2018 to 2022 as a sample and carries out an early warning analysis of the company's financial risk.First,the grey correlation analysis method is used to screen the financial indicators of ZS catering enterprise and construct the financial risk early warning indicator system of ZS catering enterprise.Then,the entropy value method is used to determine the weight of each indicator.It is combined with the efficacy coefficient method to evaluate its financial risks in the last five years,in order to judge the alert level of ZS.On this basis,the grey prediction GM(1,1)model is used to make a prediction of the future financial risk of ZS enterprise.At the same time,a specific plan is formulated to effectively control the company's financial risk in combination with the actual situation of the company.
gray system theoryGM(1,1)modelfinancial risk warningcatering industry