Financial Risk Analysis of Steel Enterprises Based on Z-score Model-Taking Gansu Jiugang Hongxing as an Example

Iron and steel enterprises, as one of the important pillar industries of China's manufacturing industry, play an important role in the national economic development. Based on the current development situation, iron and steel enterprises still have many deficiencies in the management and coping with financial risks. Therefore, this paper in Gansu province Jiugang Hongxing, for example, key analysis of Jiugang Hongxing financial risk existing in the process of operation problems, from the solvency, operating ability, profitability, three aspects of Jiugang Hongxing financial risk evaluation, using Z-score model assessment Jiugang Hongxing overall financial risk degree, in view of the cause of Jiugang Hongxing financial risk problems, put forward the strategy to deal with financial risk, aims to provide reference for the sustainable development of steel industry and reference role.