Analysis of the Impact of Policy Subsidies on the Financial Performance of New Energy Vehicle Enterprises—A Case Study on Changan Automobile Group
The new energy vehicle industry,as an emerging industry,has received strong support and subsidies from the government for its development.In recent years,although the new energy vehicle market has gradually matured,there are some problems in the development of the industry due to excessive reliance on policy subsidies in the early stages of development.The implementation of a downgrade mechanism is undoubtedly an important measure to promote the return of the new energy vehicle industry to the market.Policy subsidies have a significant impact on the performance of enterprises.Therefore,taking Changan Automobile Group as an example,analyze the situation of the company receiving government subsidies,as well as compare and analyze the impact on the company's financial performance,profitability,debt repayment,operation,and development ability before and after the subsidy withdrawal.Based on the results,propose countermeasures for the company after the subsidy withdrawal.
policy subsidiesfinancial performancenew energyChangan Automobile Group
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