Evaluation Of Business Performance Of New Energy Power Battery Enterprises In China

Power batteries are the power source of the drive system of electric vehicles.Power batteries with long range and fast charging speed and strong performance are highly favoured and can also reduce environmental pollution.Creating new energy power battery products with good safety performance and high energy reserve efficiency is the key to boosting the market demand for new energy vehicles.However,China’s new energy power battery industry is also facing problems such as insufficient technological innovation,weak profits and reliance on government subsidies.In this regard,this paper selects 23 listed new energy power battery enterprises as research objects,based on performance-related theories,and selects 13 indicators from four dimensions:debt repayment ability,resource utilization ability,profitability and growth and expansion ability,and comprehensively analyses the cash payment ability,internal management ability,current development status and future development prospect of the enterprises,these four dimensions of indicators cover to a certain extent To a certain extent,these four dimensions cover the evaluation of enterprises’ business performance.The performance of the 23 listed new energy power battery enterprises was evaluated through factor analysis.After the analysis of the overall sample enterprise performance evaluation,it is concluded that the new energy power battery enterprises will have the best development in 2020;through the horizontal comparison of the performance of lithium iron phosphate,lithium ion and fuel cell enterprises,it is concluded that the fuel cell enterprises have stronger comprehensive profitability;through the analysis of individual enterprise performance,it is concluded that Sugawan,Xinwanda and Jiangxi Ganfeng enterprises show a rising trend year by year,and Yiwei lithium energy,Great Wall The analysis of the individual performance of the enterprises shows that the trend of lithium-ion energy,Great Wall,Baichuan New Energy and Nandu Power is decreasing year by year.The government should optimise the relevant subsidy policies in order to promote the long-term development of new energy power battery enterprises.