An Analysis Of The Growth Of Cross - Border Electricity Listed Companies From The Perspective Of Industrial Chain

In the current macroeconomic environment, healthy and rapid development of cross-border business enterprises can bring positive meaning and value to the China’s foreign trade growth. In the perspective of industry chain, we summarize the factors affecting the cross-border e-commerce business growth and build a complete system of cross-border e-commerce business growth evaluation indicators. Cross-border e-commerce business growth evaluation system established in this paper can provide an effective basis for our cross-border e-commerce business development strategies. For the government, this study can improve the cross-border e-commerce business development capabilities, and guide the transformation and upgrading of foreign trade enterprises as a scientific and rational reference. Moreover, it will help the relevant investors to make investment decisions for as reasonable and effective basis.In this paper, we combine domestic and foreign enterprises grow research and characteristics of cross-border electricity industry chain. Enterprise growth theories and the enterprise value chain theories are introduced and related concepts covered in the text are defined clearly. According to condition, structure and characteristics of industry chain, the principles for evaluating the growth of cross-border business enterprise is determined. Then the principle is used to establish cross-border e-commerce growth evaluating system, including eight indicators in the first level(solvency indicators, profitability indicators, operational capacity indicators, growth capacity indicators, the growth potential indicators, human capital indicators, corporate governance indicators and value chain management indicators) and 23 secondary indicators. At the basis of the indicator system, cross-border e-commerce enterprise growth assessment model is established. We use factor analysis to evaluate and analyze the growth of cross-border e-commerce enterprises.According to the outcome of factor analysis, we found that the growth of cross-border e-commerce companies presenting score polarization phenomenon. The companies belonging to the technology industry have higher growth scores, while those belonging to the logistics industry have lower ones. Small and medium enterprises have high overall ranking. The empirical results show that cross-border electricity commercial industry is developing imbalance at various companies, industries, and dimension levels. In response to this development status, we put forward some policy recommendations from the micro and macro perspectives.