Research On Investment Value Of Listed Companies In New Energy Industry

Energy drives social progress and is closely related to our lives.At present,China’s energy consumption is dominated by fossil energy.The emissions from fossil energy combustion will not only lead to the continuous thinning of the atmospheric ozone layer,global warming threatens the security of coastal areas;it will also reduce traditional energy reserves,and China’s energy dependence is high.It threatens the security of economic development.At the same time,the consumption of a large number of fossil energy makes China’s air quality problem severe.Most cities in China have smog problems,and the harsh living environment affects the health of the people.How to transform energy consumption and find clean energy has become an urgent problem for China.In recent years,the importance of environmental protection issues,especially the transmission of the spirit of green development in the “Nineteenth National Congress”,people are paying more and more attention to the new energy industry.In this case,the investment value of new energy companies is analyzed,and investors are invested.It is especially important to make suggestions.Based on the related theory of listed company’s investment value,this paper takes new energy listed companies as the research object,analyzes the factors affecting the investment value of listed companies from the fundamentals,and combines factor analysis and cluster analysis to empirically analyze the investment value of the industry.The main research manifests as follows:(1)Fundamental analysis of the investment value of listed companies in the new energy industry,starting from macro,meso and micro analysis,indicating that the industry has absolute investment value,and at the same time builds an investment value evaluation system..(2)Build a new energy company investment value evaluation system,and on the basis of financial indicators,add innovation capability indicators,government subsidies and company size indicators to more accurately reflect the characteristics of the new energy industry.(3)Conducting comprehensive evaluation research on new energy industry companies,using SPSS software for factor analysis and calculating comprehensive scores,indicating that 58 of the 120 sample companies have a positive score,and the higher the score,the greater the relative investment value.Evaluation and decision making can be made relatively accurately.(4)Deep analysis by cluster analysis.The company with positive composite scores is clustered based on the common factor scores,divided into 9 categories and analyzed for various characteristics,and then conducted relatively accurate investment evaluation for investors’ reference.