A Comparative Study On Financial Performance,Financial Policy And Financial Strategy Between Wuxi Leadauto Equipment CO.,LTD And Shenzhen Yinghe Technology,Co.,Ltd.

In recent years,the lithium battery industry has continued to grow due to the state’s support for the development of new energy vehicles and the impact of the accelerated investment and scale expansion of downstream lithium battery manufacturers,especially domestic and international high-end lithium battery manufacturers.Under the dual push of the policy hand and the market hand,power battery manufacturers have proposed high-end power battery capacity expansion plans,and the demand for high-end lithium battery equipment has increased significantly,making the lithium battery equipment manufacturing industry develop rapidly in recent years.How such enterprises can use financial vision to improve their financial performance,formulate matching Financial policies and forward-looking financial strategies in such a macroeconomic background,and achieving self-sustainable development is a serious problem that must be considered.This paper selects two representative enterprises in the industry-Wuxi Leadauto Equipment CO.,LTD.(hereinafter referred to as "Leadauto Equipment ")and Shenzhen Yinghe Technology Co.,Ltd.(hereinafter referred to as "Yinghe technology")as the research object.The two companies are the world’s leading enterprises in new energy equipment.The main products are lithium battery equipment,and they are listed on the GEM in the same year,which has comparative research value.This paper focuses on the financial analysis,financial indicators and financial strategy of the two companies’ financial statements,financial indicators and financial indicators in 2014-2018.The paper compares the financial performance,financial policies and financial strategies of the two companies,systematically interprets and diagnoses the two companies.The financial situation,the discussion and recommendations of the financial strategy of the two companies.This paper is divided into six chapters.The first chapter mainly introduces the background of the research,the main problems and significance of the research.The second chapter mainly analyzes the balance sheet,income statement and cash flow statement of the two companies.The third chapter mainly compares and analyzes the main financial indicators of the two companies.The fourth chapter decomposes the influencing factors affecting financial indicators.The fifth chapter mainly evaluates the financial policies of the two companies.The sixth chapter summarizes and evaluates the financial performance,financial strategy and financial policy of Pioneer Intelligence and Wintech,and proposes management and management.Through coruparative analysis of Leadauto Equipment and Yinghe technology financial performance,financial policy and financial strategy,the authors found that they have strong profitability,strong operational cash creation ability,very good liquidity,low interest-bear:ing debt ratio,and risk control.Strong ability,good growth,strong value creation,and relatively stable financial and financial strategies.It is recommended that the two eompanies further optimize the inventory management model,reduee inventory and increase inventory turmover.At the same time,it flurther enhances the bargaining power of upstream suppliers and downstream customers,and uses prepayments and credit purchases to increase the efficiency of capital use.