The CATL Based On The Reconstructed Higgins Model Sustainable Growth Studies

The new energy vehicle industry has developed rapidly in recent years,and the core part of the new energy vehicle industry —— power battery industry,under the support of national policies and the increasing demand for new energy vehicles,the development speed is amazing.CATL is a power battery system supplier.In recent years,it has been expanding continuously and developing rapidly,and it has become the leader in the global power battery system suppliers.In such a rapid development model,enterprises should pay more attention to the sustainability of their development and the risks they may face behind it.Therefore,it is very important to explore its sustainable growth.This paper focuses on the study of sustainable growth in the CATL,first,Develop cognition of theoretical models of sustainable growth on the basis of reading relevant literature,And to define and introduce the relevant concepts and theories of sustainable growth;next,Discuss the whole case context,Analyze the macro environment and growth situation of CATL;once more,According to the actual situation of CATL,the reconstructed Higgins model to calculate the sustainable growth rate,Sensitivity analysis of the drivers of the sustainable growth rate;on top of,Compare the real growth rate with the sustainable growth rate,Analyze its sustainable growth status,And analyze the operating efficiency and financial policy status of enterprises reflected by the drivers of sustainable growth rate,Find out where you need to improve;then,According to the previous analysis points out the problems of sustainable growth in CATL,And put forward some potentially useful suggestions for its problems;last,Summarize the conclusions and shortcomings of this paper.After analysis,since 2017,CATL of actual growth rate and sustainable growth rate there is a certain gap,and presents the trend of speeding growth to insufficient growth,at the same time,its growth volatility,there are falling profitability,inventory turnover,excessive financing tendency,overall its sustainable growth ability still need to further improve.