DFAC Financial Performance Evaluation Study

The automobile manufacturing industry is one of the pillars of our nation's economy,and it is expected that the situation of the epidemic is gradually controlled by the large inoculation of the domestic vaccine,and the economic situation recovers to some extent,and the production and sales volume of the automobile will increase again.In addition,technology such as 5g communication,new energy,artificial intelligence,big data,and so on,is a stimulus to the auto manufacturing industry,and the strength of the competition increases,and the automobile industry faces a new shuffle.By conducting financial performance assessment research on firms,finding their own superiority,and improving the stranger,companies can take hold of the initiative in ensuring market positioning,accelerating the transformation of the industry,and regaining the warmth of the automobile manufacturing industry.This paper summarizes the research results of domestic and foreign research,and collects the financial performance evaluation index and the method of the related enterprises in Japan and foreign countries.Concept and theory on the evaluation of financial performance are outlined.According to the analysis of the current situation of the industry and the DFAC,we combine the results of our previous research and select the factor analysis method,and construct the relevant financial performance evaluation system based on the selection principle and selection principle of the financial performance evaluation index.This system includes 14 dimensions of profitability,debt repayment capacity,operational capacity,growth capacity and profit quality.After that,the financial performance level of DFAC was compared with the financial performance level of 34 companies and DFAC.Finally,we propose five proposals,including strengthening the cost control,improving the capacity of government bonds,improving sales efficiency,enhancing the level of service and improving self dominance.