Investment Value Analysis Of Listed Companies In New Energy Industry Under The Background Of Carbon Peak And Neutrality

In September 2020,Chinese President Xi Jinping made it clear at the seventy-fifth Session of the United Nations General Assembly that China would strive to peak its carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.China has become a country following the United States,the European Union and other economies to participate in global carbon governance and put forward a timetable for carbon neutrality.In recent years,China attaches importance to environmental protection and advocates the use of clean energy,making the concept of new energy more and more hot.As new energy itself has the characteristics of renewable and less pollution,it can effectively solve the current contradiction between energy supply and demand and promote sustainable economic development.Therefore,as a strategic emerging industry,the new energy industry has a broad space for development,and the investment value is gradually attracting people’s attention.In this paper,on the one hand,from the qualitative point of view,based on the related theory of investment value of listed companies,combined with the impact of new energy industry investment value of listed companies in our country’s macro,meso factors were analyzed,and concluded that the "double carbon" background and national policy support,the new energy industry in development opportunities and has great development potential and future profitability,has the good investment prospect;On the other hand,from a quantitative point of view,a comprehensive evaluation index system is established.On the basis of financial indicators,two non-financial indicators,innovation ability and corporate governance ability,are added,which can better reflect the characteristics of the new energy industry.Selected from 2018 to 2020,118 Shanghai and shenzhen A shares listed on the new energy company annual report data,using SPSS25.0 software to carry on the empirical analysis,finally it is concluded that the result of comprehensive evaluation,and to use their price-to-book level do horizontal contrast,prove the existence of the value of listed companies overvalued or undervalued,which some has investment value of listed companies.Based on this,we screened out companies with high scores and relative stability,such as Yuxing,BYD and Changan Automobile,and made relevant investment suggestions for small and medium investors.