Research On Financial Competitiveness Evaluation Of Listed Companies In Automobile Industry

In recent years,China's automobile industry has made great development and breakthrough in technology and market.With the improvement of industrial technology and the effect of automobile industry cluster,China has been becoming the world automobile manufacturing center.At present,the development of China's automobile industry is facing enormous pressure.On the one hand,a large number of foreign automobile enterprises entering the Chinese market lead to the nationalization of international competition.On the other hand,with a large number of automobile exports,China's automobile enterprises are also facing fierce market competition in the international market.In this situation,China's automobile enterprises need to improve their core competitiveness to gain advantages in the competition,and financial competitiveness is an important part of it.Therefore,it is necessary to study the financial competitiveness of listed companies in the automobile industry.This article will evaluate the automobile industry listed company financial competitiveness.Firstly,elaborate the theoretical foundation and the relationship of the enterprise competitiveness and financial competitiveness,understand the development of related theory,analysis the necessity of researching the financial competitiveness of automobile industry listed companies.Secondly,choose the appropriate financial indicators to establish evaluation index system in combination with the practical situation of the automobile industry,use the factor analysis method to find out the main the main factors affecting the automobile industry listed company financial competitiveness.This article selects 24 listed automobile manufacturing companies as sample companies,establish in five primary indicators,a total of 15 secondary indexes of the index system,the actual analysis.Thirdly,through factor analysis,we get the main factor score and comprehensive score,and analyze financial competitiveness evaluation of listed companies in automobile industry in depth,combined with the company's main factor ranking and comprehensive ranking in the last 3 years.Finally,based on the above conclusions,this paper proposes a corresponding improvement strategy,which provides a reliable basis for improving the financial competitiveness of listed companies in the automobile industry,and contributes to the development of the automobile industry.