LI Jie~1, WANG Wei-jia~2, LIU Xing-zhi~1. Application of Multivariate Statistics in Early-warning of Corporation Financial Crisis[J]. Journal of Civil and Environmental Engineering, 2004, 26(5): 118-123.
LI Jie~1, WANG Wei-jia~2, LIU Xing-zhi~1. Application of Multivariate Statistics in Early-warning of Corporation Financial Crisis[J]. Journal of Civil and Environmental Engineering, 2004, 26(5): 118-123. DOI: 10.11835/j.issn.1674-4764.2004.05.026.
This paper is focused on early warning of corporation financial crisis for the China's household electric appliance manufacturers in stock market. Firstly
using company's open-disclosed annual statements as data resource
the financial indexes system is constructed. Secondary
adopting the multivariable statistical analysis method
such as cluster
discriminate and principle component analysis
the multivariate models for the empirical study on early warning of financial crisis by making use of SPSS statistical software are set up. The corporation might discover the financial affairs crisis that shall probably arise beforehand by using the financial affairs crisis early warning system. This study and analysis may serve as reference for domestic industries and enterprises.