会计学院知识库

近年来，为了保障能源安全，实现绿色发展，新能源汽车成为了我国重要的战略新兴产业之一，逐步在汽车市场上占据一席之地。但是为了促进新能源汽车产业从政策驱动向市场驱动转变，政府补贴逐步退坡，并于2022年底全面终止，而新能源汽车产业生态尚不健全，发展尚未完全成熟，存在研发成本高、投资期限长、收益不明确等弊端，补贴的退坡和日益激烈的市场竞争态势，致使许多新能源汽车企业面临较高的财务压力。因此，有必要对新能源汽车企业的财务风险进行深入研究。

基于以上背景，本文选取新能源汽车企业北汽蓝谷作为案例研究对象。首先，从筹资、投资、资金回收和收益分配四个方面入手，选取多项指标进行横向和纵向比较，系统性识别北汽蓝谷的财务风险，并进行成因分析。其次，综合运用Pearson相关法、熵值法和功效系数法对北汽蓝谷的财务风险进行量化评价，进一步分析其综合评价结果以及各类风险组的评价结果。最后，针对北汽蓝谷的财务风险成因及评价结果，提出切实可行的财务风险控制措施。

研究发现，北汽蓝谷存在筹资方式单一、成本费用控制欠佳以及存货管理薄弱等问题，其近五年的财务风险等级均处于中风险等级之上，投资风险和收益分配风险的风险程度相对较高。因此，北汽蓝谷应结合实际发展概况，采取拓展筹资方式、加强成本费用和存货管控等财务风险控制措施，不断增强企业的核心竞争力。希望通过本文的研究，能够帮助北汽蓝谷实现稳健经营，并为行业内的其他企业提供一定参考。

In recent years, in order to ensure energy security and achieve green development, new energy vehicles have become one of the important strategic emerging industries in China, gradually occupying a place in the automotive market. However, in order to promote the transformation of the new energy vehicle industry from policy driven to market driven, government subsidies have gradually declined and will be fully terminated by the end of 2022. However, the new energy vehicle industry ecology is not yet sound, and its development is not fully mature. There are drawbacks such as high research and development costs, long investment periods, and unclear profits. The decline of subsidies and the increasingly fierce market competition situation have led to many new energy vehicle enterprises facing high financial pressure. Therefore, it is necessary to conduct in-depth study on the financial risks of new energy vehicle enterprises.

Based on the above background, this article selects BAIC BluePark, a new energy vehicle enterprise, as the case study object. Firstly, starting from four aspects of fundraising, investment, fund recovery, and income distribution, multiple indicators are selected for horizontal and vertical comparison to systematically identify the financial risks of BAIC BluePark and conduct causal analysis. Secondly, the Pearson correlation method, entropy method, and efficacy coefficient method are comprehensively used to quantitatively evaluate the financial risks of BAIC BluePark, and further analyze the comprehensive evaluation results and the evaluation results of various risk groups. Finally, based on the causes and evaluation results of financial risks in BAIC BluePark, practical and feasible financial risk control measures are proposed.

Research has found that BAIC BluePark has problems such as a single financing method, poor cost and expense control, and weak inventory management. Its financial risk level in the past five years has been above the medium risk level, and the risk level of investment risk and income distribution risk is relatively high. Therefore, BAIC BluePark should combine the actual development situation, adopt financial risk control measures such as expanding financing methods, strengthening cost and inventory control, and continuously enhance the core competitiveness of the enterprise. I hope that through the research in this article, it can help BAIC BluePark achieve stable operation and provide some reference for other enterprises in the industry.