Abstract: With the development of Internet, the role of financial information on the Web played in the capital markets has become increasingly valuable to people. Through the analysis of the relationship between Web financial information and the financial conditions of listed companies, it is found that emotional values and the indicator of information heat of Web financial information are correlated with the financial situation of listed companies in many aspects, the correlation between solvency and profitability is particularly significant. The emotional value of Web financial information contains information that is absent in the financial indicators of listed companies; this information can be used as an effective complement to the financial indicators to improve the prediction efficiency when predicting whether a listed company will receive Special Treatment (ST). But the effect of the indicator of information heat can almost be ignored.

Key words: Web financial information; sentiment analysis; financial position