Research On The Impact Of Government Subsidy On The Financial Performance Of J Company In New Energy Industry

In recent years,the government subsidies for new energy companies in China have gradually become a very common phenomenon in the market.The scale and intensity of government subsidies for new energy companies in various regions have gradually increased.Only querying the subsidy data for the past two years can find that the government subsidies applied for and obtained by listed companies amount to more than 130 billion yuan.These high-value government subsidies basically flow to strategic emerging industries and listed companies with"ST warnings." Government subsidies flowing into companies directly increase the company s non-operating income and other benefits,and therefore also change the company's financial performance.However,whether these changes have positive or negative effects and the reasons for these effects are worth exploring.Based on the above phenomena,this paper uses the case analysis method to clarify the financial performance impact of obtaining government subsidies for J company in the context of China's economic transformation.It conducts detailed data comparison and analysis,and discusses and analyzes government subsidies.The reasons for the impact of J's financial performance provide advice and advice for J's sustainable development.The article first analyzes the development of J company and the scale,ways and causes of J company's government subsidy.Secondly,it analyzes the support effect of the government subsidies obtained by J company in the whole year,and at the same time clarifies the existence of J company.The problem is followed by a detailed analysis of the impact of government subsidies on the financial performance of the company's various aspects,and then a deep analysis of the reasons for these impacts.Through analysis,the following research conclusions are drawn:On the surface,government sub sidies have brought positive support to J company.They can dress up the company's statements and significantly improve the company's cash flow and profits,but the company's profitability,operational capacity,The financial performance of solvency and growth ability cannot be significantly improved,and it does not serve the purpose of initial sub sidies issued by local governments;J company can rely on government sub sidies to turn losses into profits and avoid delisting,which will make enterprises tend to Seeking more subsidy funds from the government,so that enterprises are too dependent on government subsidies,does not really bring about the improvement of the company's own core competitiveness,and has a negative impact on the long-term performance and development of the company.According to the analysis results,the internal government subsidy supervision evaluation and research and development management suggestions are given.At the end of the paper,the research deficiencies and prospects of this paper are given.