Research On Financial Security Evaluation Of BAIC Blue Valley

The development of new energy vehicles is the only way for my country to realize the dream of becoming a powerful automobile country,and it is also a strategic measure to solve environmental pollution and promote green development.Under the background of the country’s strong encouragement and support for the development of new energy vehicles,the development of BAIC Blue Valley,which is the "first share of new energy vehicles" in the A-share market,has not been satisfactory,and many financial indicators have declined abnormally.At the same time,in recent years,China’s listing The overall index of corporate financial security is also decreasing,and it is particularly critical to study the financial security of listed companies.This paper takes BAIC Blue Valley Company as the research object,firstly introduces the background and research significance of the topic selection,sorts out the relevant literature of domestic and foreign scholars on the multi-angle research on financial security and financial security evaluation,and introduces the research content and framework of this paper;Introduces the meaning of financial security and related management theories of financial security;also expounds the internal and external environment of the new energy vehicle industry,and then introduces the basic situation of BAIC Blue Valley from the aspects of industry status,business development strategy,and business status.,and then from the financial point of view,13 key indicators were selected for analysis from the four perspectives of scale security,capital structure security,cash flow security,and business security.During the analysis,competitors in the same industry BYD and Xiaokang shares were selected for comparison..In the research process,the combination of the AHP and the efficacy coefficient method was used to select 13 indicators to construct a financial security evaluation model.It was calculated that the financial security level of BAIC Blue Valley from2018 to 2020 was generally kept at a low level and decreased year by year.,among which cash flow security and business security have the greatest impact on it.Through analysis,it is found that the main reasons for the poor financial security of BAIC Blue Valley are as follows: the long accounts receivable collection cycle makes the cash flow turnover not smooth,the unreasonable financing channels affect the security of the capital structure,and the poor cost control makes the net profit Decreased year by year,lack of core technology innovation capabilities,lack of quality and after-sales management,high dependence on policies and low utilization.Therefore,based on the results and reasons of BAIC Blue Valley’s financial security assessment,specific suggestions for improving financial security are put forward,hoping to effectively improve the financial security of BAIC Blue Valley,ensure its stable and sustainable development,and also serve as a platform for other new energy vehicle companies.Provide reference,so as to seek advantages and avoid disadvantages.