Empirical Study On Capital Structure And Profitability Of Listed Companies In New Energy Industry

At the end of the 21 st century,global experts have launched the relationship between capital system and profit level,both of which are also the aspects of enterprise management,so people in the field of academic theory and finance pay more and more attention to their influence on each other.At present,the economic benefit of Chinese enterprises is not high,mainly due to the imperfect capital system.I will investigate the relationship between capital system and profit level,adjust the goal in a planned way,perfect the capital system of the company,and then improve the level of resistance to risk and profit of Chinese enterprises,and improve the influence of enterprises.In today’s society,every country or region accumulates in the process of economic development.In response to the establishment of an environmentally friendly society,efforts should be made to improve the development and utilization of solar energy,tidal energy and other new energy sources.At present,China ranks first in the world in energy consumption,among which the proportion of annual loss of non-renewable energy dominated by coal is very high,up to 90%.It can also be seen that new environmental protection energy sources,such as water energy and geothermal energy,have not been able to play an important role.It is particularly important to vigorously improve science and technology,open up a broader world in the field of new energy,and promote the health,balance and sustainable development of the energy industry.I will take the new energy industry as an example to study the relationship between its capital system and the level of profit,so as to improve effectively.The industry’s capital system,promoting its creativity,taking sustainable development as a central idea,promotes its global influence.This paper studies and discusses the capital structure and profitability of listed companies in new energy industry.In a certain theoretical basis and market research,this paper selects the specific data of the listed companies in the new energy industry from 2016 to 2018.In order to make the empirical results more in line with the actual situation of the industry,the samples eliminate ST companies,companies with lack of data and listed companies,and finally identify 122 samples as the research object.According to the situation reflected by the data,the capital structure and profitability are analyzed.The factor analysis method is used to calculate the comprehensive profitability,and the multiple regression method is used to analyze the capital in depth.The relationship between structure and profitability,finding out the existing problems,put forward reasonable suggestions to inject fresh blood into the development of new energy enterprises in China.The paper makes a research and explanation on the actual proof results and the corresponding theories,and puts forward some suggestions on the improvement methods of the capital system of the listed companies in China’s new energy industry.