Z分数法在新能源汽车企业财务风险分析中的应用研究

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中图分类号：F406.7 文献标识码：A 文章编号：1003-8639（2025）10-0182-03

【Abstract】With the transformation of the global Energy structure and the enhancement of sustainable developmentawareness，theNewEnergyVehicle（NEV）industryhasdevelopedrapidly，butithasalsobroughtfinancial risks.Taking BYDCompanyas an example，thisarticle analyzes thefinancialrisks of BYDCompany from threeaspects： debt repayment risk，profit riskandoperational risk byusingthe Z-score method.Combined with Changan Automobile and Zotye Automobile for comparison in the same industry，the calculation results show that BYD's Z-value in 2023 is1.2097，which is in therangeof relatively high financial risk.The Z-valueof ChanganAutomobileis2.1497，and itsfinancialsituation isrelativelystable.ZotyeAuto'sZvalueis-3.8458，which isinahighriskrangeofbankruptcy. Eventually，targeted risk control countermeasures were proposed.

【Key words】 Z -score method; new energy vehicle enterprises； financial risk analysis

0 引言

新能源汽车行业具有高技术、高投入、高风险等特点，企业在研发、生产、销售等环节都可能面临财务风险，需要通过专业分析方法进行风险评估。（剩余3655字）