Study On Profitability Of New Energy Vehicle Listed Companies

At present,due to climate warming,air problem such as the greenhouse effect intensifying,the people environmental protection consciousness gradually improve,low carbon,green,green consumption mode is adopted by more countries.In this case,the new energy automotive industry is slowly rising.In recent years,new energy vehicles revealed a growing trend,and the Chinese government attaches great importance of the development of new energy automotive industry,put into the industry "twelfth five-year" period of strategic emerging industries.Traditional car companies trying to enter the new energy automotive industry at the same time,the Internet and lithium-ion battery production enterprises are also trying to enter the industry.Standing on the Angle of government departments at all levels,to establish macro-control policies to draw lessons from the listed enterprise profit ability,the supervision of listed companies to a certain control further.Standing in listed companies of internal control on the Angle of the right measure profit ability not only to the enterprise’s operational behavior has certain guidance,and help to create a reasonable encouragement system.Standing on the perspective of investors,enterprise’s profit ability to guide them to make the right investment decisions;In such an environment,new energy vehicles as the concrete object,analyze its profit ability have a certain practical value.This article adopts the research methods of case analysis and quantitative analysis,first of all,based on the related references home and abroad,analysis of profitability evaluation and a certain influence on profitability.Second,the mode of operation in the current new energy vehicles listed companies,earnings has carried on the comparative study.Then,choose 22 new energy vehicles listed companies as research samples,using factor analysis and regression analysis profitability evaluation model is established,and calculating the profit ability score.Then use the regression analysis of profitability indicators and related influence factors of related indicators were calculated,determine the important influence on the index.Then the BYD and BAIC Blue Valley as examples,to study its profitability.In the research on the profitability of new energy vehicle listed companies,it is found that enterprise size,debt paying ability,asset operation ability,income realization ability and other factors are positively correlated to the profitability of new energy vehicle listed companies,among which the liquidity ratio of short-term debt paying ability has the largest impact on profitability.However,the cost ratio of main business is negatively correlated with profitability.According to the conclusions,the paper provides suggestions on the profitability of new energy vehicle listed companies.