Research On Financial Risk Evaluation Of New Energy Vehicle Companies From The Perspective Of Supply Chain

At the beginning of the 21 st century,China put forward the "energy-saving and new energy vehicles" strategy,with the introduction of the new energy vehicle subsidy policy,the domestic new energy vehicle market share expanded rapidly,a number of emerging automobile companies emerged for a time,called "new forces in car manufacturing",after 2019 the state for new energy vehicle subsidies there was a huge decline,along with the cancellation of policy dividends,the new energy automobile industry has experienced a short "car market winter",China’s new energy automobile industry has been transformed from "policy pull" to "policy and market" A critical period for two-way pulling.With the trend of professional operation of the new energy automobile industry has become more and more obvious,the vertical integration heat within the industry has gradually dissipated,more and more upstream and downstream enterprises,to establish cooperative relationships instead of vertical control,so the supply chain plays a "pivotal" role in the industry,the failure of a project in the supply chain,its risk will spread along the capital flow,logistics,information flow of the enterprise upstream and downstream,and even cause the paralysis of the entire supply chain,may cause direct and indirect,tangible and intangible,Local with loss of system.In order to survive the wave of "new forces in car manufacturing" and achieve "overtaking on curves",it is imperative to control their corporate risks.Based on the perspective of supply chain,this paper selects Company A,the head enterprise of the new energy automobile industry,as the case object,first starts from the research background and significance,sorts out the research status of financial risk from the perspective of supply chain by domestic and foreign scholars,and then writes the research content and methods of this paper,and describes the technical roadmap,introduces the theoretical overview of supply chain and financial risk,and then elaborates the macro environment of the new energy automobile industry from four aspects: political environment,economic environment,social environment and technical environment.Operational ability,solvency and development ability analyze the financial status of enterprise A from four perspectives,and identify risks of upstream and downstream enterprises in the supply chain through three dimensions of capital flow,logistics and information flow.Using the analytic hierarchy method(AHP)and energy analysis model,the overall financial risk level of the enterprise is calculated,and the risks of low sales profit margin,weak bargaining power and low market share of enterprise A are analyzed,and finally countermeasures and suggestions such as forming diversified financing methods,expanding product diversity,and establishing an early warning mechanism for financial risks in the supply chain are proposed.Thesis comprehensively uses a variety of methods,the combination of subjectivity and objectivity,and the connection between theory and practice,hoping to obtain a relatively comprehensive and accurate financial evaluation,enrich the theory and practice in the supply chain of the new energy automobile industry,provide reference for the construction of a financial risk system in the new energy industry,help enterprise A identify and break the leverage of financial risk in the supply chain,avoid "black swan events" to the greatest extent,and put forward reasonable suggestions for enterprise A to provide valuable information for stakeholders.