Analysis On Investment Value Of Upstream Industry Chain Of Power Battery

In view of many factors such as the oil crisis,environmental pollution,and the backward development of automobile technology,China has made a strategy to develop new energy vehicles.It is hoped that through the development of new energy vehicles,we can realize the renovation of the atmosphere,reduce the dependence on the petroleum products,and hope to pass through the global synchronous development of new energy vehicles.On the same starting line,we can achieve the transcendence of automobile industry in Europe,America,Japan and Korea.The acceptance of new energy vehicles is getting higher and higher,the growth rate is faster and faster,and the related new energy industry chain has also been developed rapidly,especially the development of the upstream industrial chain of the power battery.In 2017,the demand of power battery was stimulated by the rapid growth of power battery demand,and the demand for metal mineral related to power battery climbed rapidly.The pool grade lithium carbonate is a difficult situation.From now to 2025,the compound growth rate of lithium mineral resources in power battery industry will reach 46%,cobalt will reach 41%,and the compound growth of electrolyte and positive and negative material will reach more than 25%.With the rapid development of China's new energy industry,many upstream raw materials enterprises have come to the forefront of the capital carnival,but China's power battery upstream industry chain industry is still in the initial stage of development.Although the power battery industry chain is flourishing,it will not be a short-term prosperity,or some concepts.Prosperity? To become a tragedy like the Internet bubble in 2000? China's current securities and stock market can really serve the development of new energy enterprises,promote the rapid growth of the power battery upstream industry chain,and boost the strategic positioning and development of the new energy industry in China.Under the background of this industry,the research on the investment value of the company's upstream industry chain of power battery has not yet formed a mature system.In order to promote the development of the related industries better,through a theoretical review of the investment in the upstream industrial chain of the power battery,it combs the upstream industry of the power battery.The existing method system of investment value evaluation of chain company has established the investment value evaluation method which conforms to the characteristics of the power battery upstream industry chain company,and puts forward related investmentstrategies to find out the companies with overvalued value and the undervalued companies,so as to determine the investment strategy.In this dissertation,the PEST analysis method is used to analyze the macro environment,and then factor analysis is used to construct the 13 index systems,such as the operating income,the gross interest rate,the net interest rate and the asset liquidity rate.The value of the listed enterprises in the upstream industrial chain of the 25 power batteries is analyzed,and the comprehensive price of the 25 enterprises is carried out.In the end,the undervalued enterprises are selected by comparing the price earnings ratio with the price earnings ratio,thus making investment,reducing the investment risk and improving the investment income,and promoting the development of the enterprise with positive significance.