Research On Financial Performance Evaluation Of A New Energy Company Based On DEA

In the context of the global energy revolution,green and renewable energy companies are developing rapidly,and at the same time,it is common for companies to have low levels of management.A New Energy Company is a listed company that started early in the new energy power generation industry in Northwest China.It has a number of patents in domestic mono-crystalline photo-voltaic products and silicon material research.The financial performance evaluation of A New Energy Company has a longer experience than other companies.With the development of time,the evaluation system is relatively mature.Therefore,by studying the problems existing in the financial performance evaluation of A New Energy Company,we hope to provide theoretical support for the improvement of its financial performance evaluation and also provide references and references for other companies in the industry.The thesis combed the relevant literature on financial performance evaluation of new energy companies,deeply analyzed the current financial performance evaluation status of A New Energy Company,and found that the current financial performance evaluation has major problems including incomplete financial performance evaluation process and limitations in financial performance evaluation methods.,The selection of evaluation indicators lacks scientificity,etc.It is believed that the process and indicators of A New Energy Company’s financial performance evaluation method based on DEA method can better support enterprises to improve their financial performance.Accordingly,a financial performance evaluation process based on the DEA method is designed,and the super-efficiency DEA model is used for empirical analysis.The financial performance of A New Energy Company is analyzed from both vertical and horizontal perspectives,and corresponding indicator adjustments are given based on the measurement results.Suggestions,and put forward safeguard measures to improve the financial performance evaluation level of A company from the four perspectives of system guarantee,fund guarantee,organization guarantee and information platform guarantee,that is,to optimize the outdated financial performance management model and introduce the DEA method for financial performance evaluation;Guarantee the investment in financial performance evaluation,improve the financial supervision and management system;set up a financial performance evaluation working group and person in charge,strengthen the training of performance evaluation implementation personnel;improve the existing financial performance evaluation information platform,and develop the corresponding in the current SAP system The functional module of financial performance evaluation,establish a file collection system,formulate evaluation standardization instructions,and improve the efficiency of performance evaluation.