PRE-IPO Round For New Energy Vehicle Lithium Battery Companies Financing Valuation Study

In the context of the global carbon peak carbon neutral target,the new energy vehicle industry is developing rapidly,which brings the whole industry chain enterprises face the rapid release of trillions of dollars of market space to bear and digest.For the new energy industry in the wind mouth of the lithium battery plate,the primary and secondary markets have made an extremely positive response,the plate market value continuous pull up,challenging the new high level of history.The unlisted enterprises are also facing a huge capital gap to expand their production capacity,invest in research and development,and intend to quickly seize market share during the dividend period of rapid industrial development.Therefore,for the lithium battery enterprises to be listed,the market is in urgent need of a valuation model that can reflect both the intrinsic value of the enterprise and fully reflect the secondary market premium expectations,to make a relatively reasonable value assessment of them.In this thesis,through reading a large amount of domestic and international literature,from which a series of conclusions made by previous scholars in the valuation of enterprises to be listed are summarised,collated and borrowed,through the analysis of the unique characteristics and needs of the lithium battery segment,combining internal and external factors,the multi-scenario analysis method is applied to the valuation of enterprises on the basis of the absolute valuation method,and an innovative proposal is made to combine,through the multi-scenario analysis method,the The method of combining absolute valuation method with support vector machine in the valuation model of listed company segment is innovatively proposed.The last round of financing valuation of the proposed listed enterprises before listing is obtained through the weighted multi-scenario valuation,which gives a certain expected premium for listing compared with the financing valuation of unlisted enterprises,and is relatively more reasonable for the valuation of the last round of the proposed listed enterprises.The methodology can be used as a supplement to the valuation tools for the proposed listed enterprises in the PRE-IPO round,providing a reference for the enterprises themselves and PE investment institutions,as well as a hint for subsequent scholars when studying the valuation of other proposed listed enterprises in different segments.Finally,through the process of analysis in this thesis,it is hoped that the attention of the regulator can be drawn to the fact that there are different focuses of attention in treating proposed IPOs with different attributes.At the same time,excessive pre-listing valuations may also cause great harm to the general public after listing.Especially for popular industries and sectors,we call on investors to be rational and return to the level of analysis of the actual value of enterprises and rational investment.