| As the promotion of global environmental awareness environmental protection enterprises have received a large amount of attention and development.The enterprises’ businesses and development cannot live without the support of capital.And limited by industry characteristics,the environmental protection enterprises exist following problems,such as single financing channels,enterprise financing is hard,the competition is fierce in industry internal market,lack of profitability,and so forth.Because of the "double carbon" goal,related policies of the environmental protection industry have been strengthened by the Chinese government.As a result,the environmental protection enterprises have received policy and economic support.In the meantime,they will embrace a broad prospect of development.The research object of this paper is selected from a leading enterprise in the environmental protection industry.Its name is High Energy Times Environmental Technology Corporation.And this paper pays more attention to its financing model and effect.To begin with,some related concepts are explained,including "doublecarbon" goal,the environmental enterprises,financing model and effect.Then conduct a comprehensive statistical analysis and research on the current development situation,investment and financing status,financing policy environment,financing mode,and financing effect of environmental protection enterprises.On this basis,the development of the established case company is introduced,and the current financing model of the company is analyzed based on company data,and the financing effect of High Energy Environment company is analyzed and studied from three dimensions:financial effect analysis,financing cost comparison and financial risk assessment.Among them,this paper analyzes the financial effect of the company after financing from three aspects,and they are profitability,solvency and cash flow performance.At the same time,the financing costs are calculated and measured from three ways:internal financing costs,debt financing costs,and equity capital costs.Based on the use of entropy method and improved efficacy coefficient method,the company’s capitalize risks since its listing are evaluated and analyzed based on the company’s standard values in the entire industry.Finally,on the strengthen of the company’s current financing model and financing effectiveness analysis results,interrelated financing suggestions are proposed for environmental protection companies,including Energy Environment aimed at the company’s current financing model and financing effect analysis results for environmental protection companies including high-energy environment companies.All this is to provide reference for it and promote the rapid development of the environmental protection industry in our country. |