Research On Financial Performance Evaluation Of Henan New Energy Automobile Manufacturing Enterprises

From a global perspective,the energy supply in the market is tight,and the price of oil has fluctuated dramatically;the degree of environmental pollution has increased.Both developed countries and developing countries in China have paid special attention to the development of new energy sources,saving energy and reducing pollutant emissions.schedule.As new energy vehicles have the advantage of energy conservation and environmental protection,they are favored by governments of all countries.Many countries use new energy vehicles as substitutes for traditional vehicles,and the development of new energy vehicles usher in a good opportunity.At present,China is the largest and most populous developing country in the world.The consumer market for automobiles is huge.The development of new energy vehicles has also received attention from local governments,and a series of policies and measures to promote the development of new energy vehicles have been issued from the central government to local governments.The production and sales of new energy vehicles have also continued to rise.In order to quickly occupy the new energy automobile market,not only the traditional automotive companies explore the new energy vehicle market,but also Internet companies,power battery manufacturers,etc.also want to enter the new energy automotive industry.In this context,studying the financial performance evaluation of new energy vehicles has very important practical significance.This article explains the related theory of financial performance and analyzes the situation of the new energy automobile industry in Henan Province.It includes six aspects: profitability,debt repayment ability,operational ability,development ability,technology research and development,and social benefits.At the level,a financial performance evaluation system was constructed..Based on the 2016 annual report data of 9 new energy automobile manufacturing enterprises in Henan Province,the company used the method of analytic hierarchy process to conduct empirical analysis on the index system constructed,and obtained the following research results: The impact on the development of new energy automobile manufacturing enterprises in Henan Province The most important factor is the company’s profitability,solvency is not strong,and capital turnover efficiency is not high.Based on the results of the research,this paper proposes a method to improve the financial performance of new energy automobile manufacturing enterprises.That is,new energy automobile manufacturing companies can control the cost of new energy vehicles,reduce the debt and cash flow risks of enterprises,and strengthen the management of accounts receivable.Improving the investment level of scientific and technological R&D should be improved to improve the financial performance of new energy automobile manufacturing enterprises in the province.