Research on financial risk early warning of Tianrun Dairy industry - using Z-score model as an analytical tool
天润乳业财务风险预警研究——以Z-score模型为分析工具

摘要

新疆天润乳业财务风险分析显示，其短期偿债压力大、盈利能力波动，Z-score模型进一步揭示营运能力下滑、投资风险上升及资产效率不足等问题。建议通过优化资本结构、提升资产管理效率、改进生产流程、创新产品及精准成本管控构建风控体系，为乳业高质量发展提供参考，助力行业可持续发展。

Abstract

The financial risk analysis of Xinjiang Tianrun Dairy Industry reveals that it faces significant short-term debt repayment pressure and fluctuating profitability. The Z-score model further uncovers issues such as declining operational capacity, rising investment risks, and insufficient asset efficiency. It is recommended to establish a risk control system by optimizing the capital structure, enhancing asset management efficiency, improving production processes, innovating products, and implementing precise cost control. This will provide a reference for the high-quality development of the dairy industry and contribute to its sustainable development.