Research on Financial Risk Evaluation of New Energy Vehicle Listed Companies Based on Z-value Model

Abstract

The new energy automobile industry is a strategic emerging industry developed in China. The new energy automobile industry develops rapidly, and the rapid development is often accompanied by the occurrence of financial risks. Since there are many factors affecting the financial risk of new energy vehicle listed companies, the theoretical basis of financial risk assessment, assessment methods and related empirical research will be cited. This paper conducts an empirical study on the data of listed companies of new energy vehicles in Shanghai and Shenzhen in the past five years as a sample to analyze the impact of financial risks on listed companies of new energy vehicles. However, there are not many studies on the financial risks of listed companies of new energy vehicles in China at present. The current research will help the listed companies of new energy vehicles in China to understand the financial risks, understand the reasons for the risks and the consequences that will be caused, which is beneficial to new energy vehicles. Enterprises make financial risk prevention measures and further development.