| In recent years,China’s automobile industry has made breakthroughs in technology development and market development.With the continuous improvement of industrial development,China has become the largest automobile market in the world.However,at present,the concentration of Chinese automobile enterprises is not high.Compared with German,Japanese and American automobile industry,China’s automobile industry has been in a mature period for many years.The development of the industry is facing fierce competition.On the one hand,foreign automobiles pour into the domestic market in large quantities and fight fiercely with domestic automobiles.On the other hand,there are many Chinese automobile brands,but most of them have insufficient sales.With the introduction of the Sixth National Policy and the constant impact of new energy vehicles,the domestic market is about to usher in a price war.China’s automobile enterprises want to improve their core competitiveness to take the lead in the market competition.It is indispensable to study the financial competitiveness of Listed Companies in the automobile industry.On the basis of literature review and theoretical overview of financial competitiveness,this paper describes the current situation of financial competitiveness of Listed Companies in automobile enterprises.By using the method of entropy weight,this paper makes an index analysis of 13 A-share automobile manufacturing companies selected from listed companies,and then according to the ranking of each company in the last five years,the automobile enterprises are ranked.Through in-depth evaluation and research of Listed Companies in the automotive industry,the core indicators affecting the financial competitiveness of Listed Companies in the automotive industry and several measures to improve the financial competitiveness are obtained,which can provide reference value for listed companies in the automotive industry to gain advantages in the price war.This study provides reference value for similar enterprises or research on financial competitiveness. |
