Research On Financial Strategy Of Contemporary Amperex Technology Co.Ltd. Based On The Life Cycle Of Enterprises

"Carbon peak" and "carbon neutrality" are key tasks in China’s "14th Five-Year Plan",aiming to reach the peak of carbon dioxide emissions before 2030 and strive to achieve carbon neutrality by 2060.To achieve this,it is necessary to promote economic,energy,and industrial structural transformation and upgrading,and establish a green,low-carbon,and circular economic system.In this context,CATL has quickly grown into a globally influential power battery supplier in the new energy industry.In the new lifecycle,CATL needs to compete with international giants in the new energy power battery field for market share.How to enhance corporate competitiveness,promote the optimization of financial strategies that adapt to the lifecycle,and ensure the company’s progress in the fierce market competition is an important choice that CATL must face.This article reviews relevant literature on financial strategies and corporate lifecycles,analyzes the internal and external implementation environment of CATL’s financial strategies through the SWOT analysis method,and uses case study method to analyze CATL’s financial strategy from the perspective of the lifecycle.Firstly,the article introduces the profile of CATL and analyzes the implementation environment of CATL’s internal and external financial strategies through SWOT analysis.Secondly,based on CATL’s financial statements from 2017 to 2021,the article uses the cash flow method,sales revenue curve method,and financial strategy matrix method to analyze CATL’s lifecycle and the financial strategy issues it faces in its current lifecycle.Finally,the article proposes optimization suggestions for CATL’s financial strategy implementation.The conclusion of this article is that CATL is currently in the growth stage and should implement an expansion-type financial strategy that matches its lifecycle.However,its financial strategy faces the following problems:(1)the capital structure needs to be optimized,and the financial leverage has not been fully utilized;(2)the investment strategy is too aggressive,leading to significant cash flow pressure;(3)the asset turnover rate is low;(4)the dividend distribution is too high,exacerbating cash flow pressure.Based on the lifecycle theory,this article proposes strategic optimization measures for CATL to help the company achieve sustainable development.