Research On Value Creation Path And Efficiency Evaluation Of Photovoltaic Enterprises Under The Background Of Dual Carbo

As a major energy country,China has been committed to achieving the goals of "carbon peaking" and "carbon neutrality" since its "double carbon" commitment to reduce greenhouse gas emissions and establish a sustainable economic development system.The development of the photovoltaic industry is an important part of achieving this goal.The development of photovoltaic companies is one of the basic measures to achieve this goal.In this environment,the new power supply system becomes a key factor to promote "carbon neutrality" and "carbon peaking",and PV companies will enter the "super lane" of energy development.As one of the representatives of Chinese PV companies,it is worth studying how efficient Jinko Solar’s value creation is after entering the "double carbon" era.This study aims to evaluate the value creation efficiency of Jinko Solar in the PV industry and explore its value creation path by applying EVA momentum indicators.In order to study the value creation efficiency of Jinko Solar,this paper first reviews the relevant research results at home and abroad and organizes the relevant theories.Then,this paper calculates Jinko Solar’s EVA momentum and analyzes it in a cross-sectional and vertical comparison.Further,the formula for calculating EVA momentum is broken down into two parts: production and operational efficiency,which is analyzed by asset allocation efficiency and operational management efficiency,and market profitability efficiency,which is analyzed by Jinko Solar’s profitability and market share.Finally,Jinko Solar’s value creation efficiency was derived,and Jinko Solar’s value creation path was summarized based on these findings.The study shows that there is room to improve Jinko Solar’s value creation efficiency in the context of "double carbon".The improvement in value creation comes mainly from revenue growth and cost management control.Its value creation path includes increasing investment in technology research and development,optimizing production cost management,strengthening brand building and marketing,and implementing green production and sustainable development.Thus,it seems that the dual carbon policy will have an important impact on the value creation ability of PV enterprises,mainly in terms of operating income growth,fixed asset operation management and cost management control.Therefore,under the background of double carbon,PV power generation enterprises should strengthen their grasp of the policy environment,focus on optimizing asset management and green production,improve market competitiveness,and achieve sustainable development and value creation.The significance of this paper is that,on the one hand,this study can provide a decision basis for Jinko Solar to improve its value creation efficiency;on the other hand,this study also has implications for other enterprises in the PV industry to improve their value creation efficiency and provide a reference for the sustainable development of China’s PV industry.