Work

Financial Risk Analysis of Automotive Industry Based on the Z-Score Model--Taking Yaxing Bus as An Example

Year: 2025

Type: article

Abstract: In order to achieve long-term development, enterprises need to strengthen the monitoring of financial risk and timely adjustment of business strategy. This paper takes Yangzhou Yaxing Bus Co., Ltd. (referred to as "Yaxing Bus") as the research object, calculates its solvency, operating ability, and profitability, and analyzes the current situation and causes of financial risk of Yaxing Bus based on Z-score Model, summarizes and proposes relevant measures. The results show that the solvency, operating ability, and profitability of Yaxing Bus are weak, and the financial risk is high and the enterprise should take measures as soon as possible to mitigate the financial risk. This paper verifies the feasibility of the application of the Z-score model in the automotive vehicle industry by analyzing the financial data of Yaxing Bus, which provides an effective financial risk early warning tool for the management of the enterprise and helps to improve the financial management level and risk prevention and control ability of the enterprises in the industry.

Source: Highlights in Business Economics and Management

DOI: 10.54097/vpbj8f27

Authors: Jingwei Zheng, Haoyu Tong, Wenbo Duanmu

Institutions: China University of Mining and Technology - Beijing, Tibet University, University of International Business and Economics

Language: English

Topic: Financial Distress and Bankruptcy Prediction

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W4409621607

FWCI:

Cites: 1

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Related to: 10