Industry 4.0 has brought opportunities and challenges to the development of China’s equipment manufacturing industry. In order to boost the healthy development of equipment manufacturing industry, the paper select appropriate financing prosperity index and construct financing prosperity diffusion index and composite index in equipment manufacturing industry from the perspective of financing. Then we analysis the dynamic development trend toward financing prosperity of equipment manufacturing industry, and design the early warning signal lamp for it. In this paper, we take 2006-2015 quarterly data of the equipment manufacturing industry as a sample data, and wish to achieve the equipment manufacturing industry financing prosperity monitoring. Finally, the paper put forward to a series of corresponding improvement measures to address the problems related to financing problems in equipment manufacturing industry.