Research on financial risk evaluation of software and information technology service enterprises： Based on data from the GEM market in the eastern region

doi:10.14088/j.cnki.issn0439-8114.2020.11.032

Abstract

Abstract: Taking 35 listed companies in the GEM software and information technology service industry in the eastern region as samples, the key financial indicators of the sample companies in 2018 were analyzed by use of factor analysis, identifying the main factors affecting the financial risk of listed companies in the software and information technology service industry, Building a financial risk evaluation model for listed companies, scoreing and ranking the degree of financial risk. Based on the comprehensive score, the cluster analysis method was used to divide the company‘s financial risk into four categoriesSafety, low risk, general and high risk. The results showed that there are three main reasons for the company’s high financial risk. ①Some companies ‘net profit has fallen; ②Enterprises’ solvency was generally weak; ③Some high-risk enterprise products were in the initial stage and face greater financial pressure.

Key words: software information technology service industry, financial risk, factor analysis, cluster analysis

CLC Number:

PENG You-yuan, WEI Cong-cong. Research on financial risk evaluation of software and information technology service enterprises： Based on data from the GEM market in the eastern region[J]. HUBEI AGRICULTURAL SCIENCES, 2020, 59(11): 153-158.

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