Abstract

Due to the depletion of fossil fuels required by traditional vehicles and a series of environmental problems, new energy vehicles have gradually entered the public's vision with the advantages of low pollution, low price and high comfort. In recent years, BYD's new energy vehicles have occupied a place in China's new energy market with strong competitive advantages. This paper selects BYD as the research object, conducts valuation research on BYD enterprise, and provides suggestions for the development of new energy automobile enterprises. We mainly analyze BYD's financial performance from four aspects: profitability, debt paying ability, operating ability and development ability. Subsequently, the BYD's financial data is used to calculate WACC, FCFF in the next 3-5 years, and finally uses DCF method to evaluate the enterprise. According to the analysis, BYD's core competitiveness continues to improve, its financial performance is high, and its enterprise value in the next 3-5 years is still increasing, which is worthy of investment. This is of great significance to the research of the future development trend of new energy.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call