本文在预警指标的选取方面,首先借鉴的国内外学者的大量研究成果,粗略选取指标体系,进一步再用财务危机企业的财务数据进行纵向以及横向配对,对其进行验证,确定了更为精确的指标体系.最后借助logistic回归模型,运用我国A股生物制药板块的上市公司为样本,成功拟合出上市公司的财务预警模型,取得较好的预测效果. In the selection of early-warning indicators, we first draw on a large number of domestic and foreign scholars’ research results, select the index system roughly, and further use the financial data of the financial crisis enterprises to conduct vertical and horizontal matching, verify the results and confirm the more accurate Index system.Finally, using the logistic regression model and the listed companies of the A-share biopharmaceutical sector in China as samples, the financial early-warning model of listed companies was successfully fitted and a good forecasting result was achieved.