Comparative Research On The Financial Competitiveness Of Graphene Listed Companies

With the proposal and promotion of “Industry 4.0” and “Made in China 2025”,a new round of scientific and technological revolution and industrial transformation are constantly developing.The major countries in the world are vying to find breakthroughs in innovation and seize the opportunities of future development.The new material field is First,graphene is called "the king of new materials" and is one of the key concerns of governments and enterprises.The financial competitiveness of graphene enterprises is not only an important reference for investors to make investment decisions,but also an important indicator to measure the future development potential of enterprises.The research logic of this paper is mainly divided into three parts.Firstly,based on the value chain perspective,the value chain analysis method is used to describe the distribution map of the main enterprises in the graphene industry full value chain.Secondly,this paper selects the A-share graphene listed company by hand.Nearly 3-5 years of financial data combined with factor analysis method to quantify the financial competitiveness of graphene listed companies,and based on the quantitative results,ranking in the value chain,to provide investors with a reference for identifying the value of corporate investment.Finally,according to the results of factor analysis,select the downstream graphene ink production enterprise as an example,Through the comparative analysis of representative enterprises at home and abroad,we find the advantages and disadvantages of China in production and operation,and provide reference for the future development direction of graphene enterprises in China.According to the above research logic,this paper draws three conclusions: First,China’s graphene industry value chain has been initially formed and gradually matured.With the continuous improvement of technology,the division of labor within the industry is continuously refined,and the value chain is subdivided.The leading effect of the market is gradually becoming obvious.Second,the value creation ability of China’s graphene industry presents a typical smile curve,which is directly related to the technical barriers to the development of graphene and the development of downstream applications.Third,betweenChina’s graphene enterprises There is a big gap in the financial competitiveness.The upstream and downstream enterprises have the strongest financial competitiveness,the upstream enterprises are the second,the middle-stream enterprises are weak,and the Oriental materials as the downstream leading enterprises are prominently selected in the comprehensive score of financial competitiveness.Foreign leading companies have advantages in terms of profitability,but there is room for improvement in the choice of financial policies.The industry selection and research methods in this paper may have certain innovations,but the research perspective of this paper focuses on the graphene ink listed companies in the whole industry value chain and downstream of the value chain,and has not conducted in-depth research on the flexible screen and graphene lithium battery fields.With the continuous development of domestic enterprises in related fields,further tracking research can be done in the future.