Abstract

This article combines the theoretical research and practice of domestic and foreign experts on automotive finance, and uses principal component analysis to select ROE, ROA, and RCRA to construct a comprehensive index representing the company's profitability. Based on the four dimensions of the balanced scorecard, this paper analyzes the possible factors that affect the efficiency index of auto financing companies, and then uses the Delphi method method to obtain the final Index set. Combining the industry situation of auto financing companies, this paper selects the influencing factors. On the basis of the existing research results, this paper designs a model for the correlation between profitability and enterprise growth, non-performing loan ratio, and empirically studies all 25 domestic auto financing companies from 2011 to 2020, Analyze the relationship between various factors that affect profitability, and finally propose reasonable suggestions based on research conclusions and the actual situation of China's automotive finance industry.

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