Research On Financial Performance Evaluation Of Gotion High-Tech

The new energy industry is receiving increasing attention and developing rapidly.Power batteries benefit from the rapid development of new energy vehicles and,under the active guidance of national policies,not only have developed rapidly but also have a wide range of application markets.However,under the influence of increasingly competitive market environment,declining subsidies for new energy vehicles,and epidemic prevention and control,the financial performance of the power battery industry is poor.As one of the early companies to enter the power battery industry,Gotion High-Tech has a high market share and is a representative research object.Therefore,this paper takes Hefei Gotion High-Tech Power Energy Co.,LTD.(Gotion High-Tech)as the research object to establish a financial performance evaluation system for evaluation,and proposes countermeasures to improve financial performance according to the evaluation results,so as to promote the healthy and sustainable development of Gotion High-Tech,and also has certain enlightenment for the field of power batteries.This paper takes Gotion High-Tech as the research object and adopts the method of factor analysis to evaluate the financial performance of Gotion High-Tech.First of all,in-depth study of the relevant theoretical knowledge of enterprise financial performance,explore a variety of financial performance evaluation methods,and through comparative analysis,finally determine the use of factor analysis as the basis for the construction of financial performance evaluation system.Secondly,based on the financial data of Gotion High-Tech from 2015 to 2021,the balance sheet,income statement and cash flow statement are analyzed in detail to fully understand the financial situation of the enterprise.Thirdly,according to the selection principle of financial performance indicators,combined with the characteristics of the power battery industry,appropriate financial indicators were selected from the four perspectives of profitability,debt repayment,operation and development ability,and the financial performance evaluation system was constructed based on the factor analysis method.Through horizontal comparative analysis with 38 power battery enterprises,the ability factor score and comprehensive score were obtained.It recognizes that the operation and profitability of Gotion High-Tech is at the downstream level of the industry,and the solvency and development ability is at the middle level of the industry;In addition,by combining the financial indicators of profit,debt repayment,operation and development ability and using the analysis method of financial indicators,the longitudinal comparison is carried out to realize the changing trend of the financial performance of Gotion High-Tech in recent years.Finally,according to the financial situation of Gotion High-Tech,it gives targeted and feasible suggestions to promote the healthy and sustainable development of the enterprise.