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Analysis Of The Implementation Effect Of Financial Strategy Of Electric Power Enterprises Under The Dual Carbon Goals

Posted on:2024-08-12Degree:MasterType:Thesis
Country:ChinaCandidate:J Y LinFull Text:PDF
GTID:2531307061483114Subject:Accounting
Abstract/Summary:PDF Full Text Request
On October 16,2022,General Secretary Xi Jinping mentioned at the 20 th National Congress of the Communist Party of China: "Actively and steadily promote carbon peaking and carbon neutrality,based on China’s energy resource endowment,adhere to the principle of first establishing and then breaking,plan to implement carbon peaking actions step by step,further promote the energy revolution,strengthen the clean and efficient use of coal,accelerate the planning and construction of a new energy system,and actively participate in the global governance of climate change.""The dual carbon strategy is a milestone in the energy revolution and a combination and deepening of the requirements of "four revolutions and one cooperation".In this context,China has formulated multiple environmental protection and economic policies.As the basic energy industry,the power industry should pay more attention to the clean and efficient use of energy,and energy transformation has become an important strategy for major power generation enterprises.Therefore,the financial strategic environment,status quo and implementation effect of electric power enterprises,and whether they can achieve sustainable development while responding to the national dual carbon goals,need to be tested.Through the above research methods and contents,the following three conclusions are found.,firstly,the financial strategic environment of Company H was analyzed based on the dual carbon goal.Secondly,the current situation of the formulation of the financial strategy of Company H is analyzed;Third,evaluate the effectiveness of the implementation of its financial strategy.The evaluation methods mainly include constructing the implementation effect evaluation framework,conducting financial analysis and evaluation of the financial statements of Company H from 2017 to 2021,and further evaluating using the financial strategy matrix.Finally,according to the evaluation results,the problems existing in the implementation of the financial strategy of Company H under the dual carbon goal are summarized,and optimization suggestions are put forward.The following conclusions were found through research.First,financial strategy of H company provides support for its sustainable development.Second,under the dual carbon goal,the financial strategy of Company H is highly aligned with the dual carbon goal.Thirdly,based on the analysis of the implementation effect of its financial strategy,it was found that financing channels,dividend ratio,and profitability need to be optimized.Based on the above conclusions and the financial strategic environment of H Company under the dual carbon goal,the following suggestions are proposed in this article.First,in terms of investment strategy,the investment direction should be to develop green investment in electric power,and the investment objectives should focus on the transformation of investment quality and efficiency.The second is in terms of financing strategies,using the national dual carbon policy to change financing channels from limited to diversified.Third,in terms of operational strategy,we should focus on improving quality and efficiency,optimizing the structure of working capital,improving liquidity and quick turnover ratios,and strengthening inventory turnover management.Fourth,choose appropriate dividend payment methods in terms of dividend distribution strategy.We hope to help electric power enterprises better achieve sustainable development while responding to the national dual carbon goals.
Keywords/Search Tags:Financial strategy, Financial strategy matrix, Dual carbon goals
PDF Full Text Request
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