Research On The Evaluation Of BYD's Financing Efficienc

Nowadays,the energy issue has become a key research issue in the world.People pay more and more attention to the low carbon economy.The new energy vehicles closely related to the low carbon economy have therefore become the key objects supported by the state.Byd has maintained a leading position in the development process of China’s new energy vehicle field for a long time.At present,when state subsidies decline and low-carbon economy run parallel,the evaluation combined with the current financing efficiency of BYD can better analyze the shortcomings of BYD in the financing process,so as to improve the financing efficiency of BYD.Practice the national development goals of new energy vehicle enterprises under the background of low-carbon economic development.First of all,the current development background of new energy automobile enterprises is expounded,the research background and significance of this paper are summarized,and the research content of domestic and foreign scholars on the evaluation of financing efficiency of new energy automobile enterprises is sorted and integrated,so as to provide theoretical support for this study.Secondly,it defines the related concepts involved in this research,expounds the efficiency theory,financing structure theory and enterprise life cycle theory,and summarizes the correlation between the theory and the topic research.Thirdly,based on the financing characteristics of BYD Company,starting from the four dimensions of financing cost,financing risk,fund utilization rate and low-carbon economy,the evaluation indexes matching the dimensions and having an important impact on the research content are selected to establish a multi-dimensional evaluation system of BYD financing efficiency,and the weights of evaluation indexes are determined according to the previous studies of scholars and expert scoring method.And the analytic hierarchy process is used to establish the evaluation model of BYD financing efficiency.On this basis,combined with the index data from 2018 to 2021,the financing efficiency of BYD Company is systematically analyzed and evaluated,and the problems existing in the financing efficiency of BYD Company are summarized.Finally,specific suggestions and measures were put forward,hoping to help BYD company to continue the current level of operation and development,and also to provide reference for other new energy vehicle enterprises to develop financing strategies.