Open AccessEvaluation and Optimization of Financing Efficiency for New Energy Vehicle Enterprises
Author(s) -
Ruixin Gong,
Qinqin Jin,
Xi Yang,
Shaojie Guan
Publication year - 2021
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/793/1/012004
Subject(s) - debt financing , research object , equity financing , equity (law) , finance , business , efficient energy use , debt , business administration , electrical engineering , political science , law , engineering
This paper focuses on the financing efficiency of new energy vehicle enterprises, taking Chinese new energy vehicle enterprises as the research object through a combination of qualitative and quantitative methods. The main research conclusions are as follows: on the one hand, the overall financial support efficiency of listed new energy vehicle enterprises shows a time trend of “rising first and then falling”, and the trend of debt financing efficiency is more stable than that of equity financing efficiency; on the other hand, explanatory variable coefficients are significantly negative and the marginal coefficient of equity financing is smaller than that of debt financing. Finally, combined with the research conclusions, specific suggestions for optimizing the financing structure for new energy vehicle companies and BYD. are given.