Correlation Analysis of Financial Indicators and Prices of A-Share Listed Companies in the Automotive Industry

Abstract

In recent years, the new energy vehicle industry has experienced rapid growth, with over ten listed companies in the automotive sector trading on the A-share market. As a matter of fact, both large listed companies and smaller new energy firms have significantly contributed to economic development and industrial transformation. Successful listed companies have focused on optimizing their operational abilities to enhance shareholder wealth. To be specific, the performance of these companies' share prices on the stock market not only indirectly reflects their financial health but also influences their future growth. This paper employs data processing methods such as EXCEL and SPSS to analyze the correlation between financial indicators and share prices of A-share listed companies in the new energy vehicle industry. Based on the analysis results, one will select appropriate financial indicators that can predict future share price movements. Overall, these results shed light on guiding further exploration of price evaluations.