Table 10.

Financial risk early-warning indicators of S Company.

Indicators	Year	2018	2019	2020
X1	Rate of return per share	0.04	0.05	−0.21
X2	Operating profit rate	0.12	0.11	−1.26
X4	Net profit growth rate	0.52	−0.13	−5.44
X5	Main business income growth rate	0.53	0.22	−0.71
X7	Total assets growth rate	0.88	0.36	0.04
X9	Inventory turnover rate (times)	0.23	0.34	0.12
X17	Debt guarantee rate (%)	0.07	−0.03	−0.38
X20	Management expense rate	0.22	0.20	0.44