Research On Financial Performance Evaluation And Promotion Strategy Of Listed Companies In Energy Conservation And Environmental Protection Industry

Since the reform and opening up,China's social and economic development has made remarkable achievements,but the cost of rapid development is environmental pollution and ecological damage.The deterioration of environmental conditions has seriously restricted the pace of economic development,but also affected the quality of life of the people.The problem of environmental protection has become the primary problem that restricts the economy and development of our country.In this context,adjusting the economic structure and changing the economic development mode have become the key measures to promote the steady economic development.Facing the new normal,it is inevitable to promote the development of energy conservation and environmental protection industry.It is also a strategic and inevitable requirement to promote energy conservation and emission reduction,accelerate the development of green economy,effectively respond to environmental changes and enhance comprehensive competitiveness.The "13th five year plan" is the key period for China's economy to change from high-speed growth to medium high-speed growth,and the industrial structure to enter the transformation and upgrading.Energy saving and environmental protection industry has become a new growth point of China's economy under the new normal.However,compared with developed countries,China's energy-saving and environmental protection industry started late,with weak foundation,immature technology,and many problems in long-term and healthy development.Domestic scholars are still in the preliminary stage of relevant research on energy-saving and environmental protection industry,so we must increase investment in research on energy-saving and environmental protection industry to guide the future development direction of the industry.Financial management is an important basis of enterprise management system,performance management is an important part of financial management,the effect of performance management directly affects the efficiency of financial management,and even affects the management and development of enterprises.Perfect financial performance evaluation system plays an important role in the long-term and healthy development of enterprises.It can not only provide development ideas for enterprise managers,but also help investors to make reasonable investment decisions.This paper studies the financial performance evaluation of energy-saving and environmental protection listed companies,analyzes the specific financial performance status of the industry,and summarizes the factors that affect the financial performance of Listed Companies in the industry.First of all,it briefly introduces the theoretical research and development status of energy conservation and environmental protection industry at home and abroad,expounds the commonly used financial performance evaluation methods,and constructs a set of financial performance evaluation index system according to the actual situation of listed companies of energy conservation and environmental protection industry in China.Then based on the factor analysis method,the paper analyzes and evaluates the financial data of 175 listed companies of energy conservation and environmental protection in 2018,finds out the key factors that affect their financial performance,and makes a horizontal comparison of the situation of various sub sectors in the industry.Finally,according to the analysis results,the development suggestions are put forward from the company level and policy level.