Research On The Financing Strategy Of W Company Based On EVA-SGR Model

In recent years,driven by the national low-carbon policy and new energy strategy,the power battery industry has developed rapidly,but with the decline of national policy subsidies,overseas giants entering the domestic market,upstream raw material prices and other factors,the development of the strong power battery industry has gradually exposed high debt,poor core competitiveness,excessive occupation of upstream and downstream funds and other problems,in the face of increasingly severe market competition,how to match financing strategies with corporate sustainable development goals on the basis of value creation,achieve more reasonable financing,and obtain more funds,is the current urgent problem of enterprises.Based on this,this paper selects power battery enterprises in a period of strong development,excavates the rapid financing solutions implemented by them from the perspective of value creation and sustainable development,analyzes the problems and shortcomings,and gives targeted optimization suggestions,which can provide certain reference value for power battery enterprises to implement scientific and reasonable financing strategies.A combination of case studies and theoretical research is used to conduct research on the selected topic.Firstly,the concepts of financing,economic added value(EVA),sustainable growth rate(SGR),research status and related theories of EVA-SGR matrix are elaborated,which provides support for the following article.Then,the power battery company W with frequent financing in recent years is selected as a case study,the current financing status of the industry and the company is analyzed,and the EVA-SGR matrix is introduced to analyze the financing situation of W company in the past four years from the perspectives of value creation(EVA)and sustainable growth rate(SGR),and summarizes the main problems of rapid financing of W company in recent years:(1)serious shortage of corporate funds and large financing demand;(2)Affected by upstream costs,endogenous financing is difficult;(3)Commercial credit financing is risky;(4)Traditional financing is difficult to meet overseas business expansion.Accordingly,from the perspective of the EVA-SGR financing strategy matrix,it is suggested that financing optimization can be carried out from the following aspects:(1)win-win cooperation with cash cattle enterprises;(2)Deep binding of upstream raw material enterprises;(3)Strengthen the construction of supply chain financial financing;(4)Add new financing channels.This paper hopes to further promote the implementation of reasonable financing strategies in the power battery industry to achieve the goals of sustainable development and value creation by introducing the financing strategy of the EVA-SGR matrix for W enterprises.At the same time,it provides a certain reference for the analysis of financing strategies of other power battery enterprises.