Study On New Energy Automobile Enterprise’s Sustainable Growth Ability Based On Financial Angle

With the rapid development of society and the steady development of economy,people’s demand for cars,as a daily transportation tool,is increasing day by day.However,the problems of energy shortage and air pollution brought by traditional fuel vehicles have had many adverse effects on the sustainable development of human society and economy.Therefore,many countries are making every effort to promote the development of new energy vehicles.Our country began to lay out new energy vehicles more than ten years ago.A whole set of related policies has been formulated from top to bottom to support the development of new energy vehicles,hoping to establish their own auto industry chain by new energy vehicles,break through the technical barriers of traditional fuel vehicles in European and American countries,so as to achieve "overtaking at corners" in the auto industry.At present,after more than ten years of cultivation,with the formal growth period of new energy vehicles in China,the strength and tendency of policy support have also begun to adjust.2019 is the year when the adjustment policy officially took effect.The expiration of the easing period made the subsidy regressive intensity reach about 50% compared with last year.The change of the policy environment made the sales volume of new energy vehicles drop by 4% compared with last year,which can be regarded as a "unique" in the high-speed positive growth of more than a decade..This data directly illustrates the huge impact of the decline of government subsidies on the sales of new energy vehicles,to a certain extent reflects that China’s new energy automobile enterprises are still unable to get rid of policy dependence and rely on endogenous forces to achieve sustained growth.It is a complicated and difficult process for enterprises to realize sustainable growth,which is affected by many factors.Support for new energy vehicles is considered from a strategic perspective.It is of great practical significance for it to achieve long-term,stable and sustainable growth.In this regard,based on the financial perspective,on the basis of sustainable growth theory,this paper focuses on new energy vehicle enterprises,Using qualitative and quantitative analysis theory and practical analysis,the sustainable growth ability of enterprises is studied.Firstly,the sustainable growth model is used to analyze the growth status of enterprises in the past,and it is found that there is excess growth.The resources and capabilities of enterprises cannot match the rapid growth,and the rapid growth is largely driven by policies.Secondly,it further analyzes the financial ability and resource status of the enterprise,excavates the deep reasons why the enterprise does not have the sustainable growth ability,and finds that the enterprise has problems such as profit dependence on government policy,lack of research and innovation,high financial risk and tight financial resources.Finally,according to specific problems,suggestions are put forward from the enterprise itself and the national level,hoping to improve the sustainable growth ability of new energy automobile enterprises and make them achieve sustainable growth.