Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 54 , 01 December 2023
Open
Access | Article
Financial Analysis under the Perspective of Corporate Strategy --A Case Study of NIO Company
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Abstract
Given the ongoing degradation of the global environment, the imperative of energy conservation and emission reduction has become increasingly apparent. In response to this pressing issue, automobile manufacturers have been actively heeding the call of the nation. Consequently, an escalating number of automotive companies are now engaged in the competitive landscape of the new energy automobile industry. In the context of intense market rivalry, the formulation and implementation of corporate strategy has emerged as a crucial determinant for the sustained growth and success of organizations in the long run. business strategy plays a pivotal role in the comprehensive development strategy of a business, serving as a potent tool to enhance resource utilization and guarantee the value creation of the enterprise. Hence, it is imperative for firms to engage in a methodical and scholarly examination of financial statements through financial analysis. This article employs the case analysis method, literature research method, and SWOT analysis method to perform a financial analysis of NIO, focusing on the perspective of corporate strategy. By utilizing these methods, the paper aims to offer pertinent recommendations for NIO and serve as a reference for other relevant enterprises.
Keywords
financial analysis, new energy vehicles, corporate strategy, NIO company
References
1. Zhou Yan, Cao Yidan, Zhang Yuxin. Research on financial diagnosis of NIO Automobile Company based on Harvard analysis framework[J]. Modern Business,2021(36):43-45.
2. Yang Chuancai, Financial situation analysis based on NIO Automobile[B],Inner Mongolia Coal Economy,2021:93-94
3. Yiting Zeng, Research on Competitive Strategies of New Car Manufacturing Forces - Taking NIO as an Example [D] Jinan University, 2022.
4. Ling Wei’an, Development Strategy Research of NIO Automobiles [D], Nanjing University, 2019.
5. Jing Zhang, Kaiyue Hu, Financial Analysis Based on Harvard Analytical Framework-Taking NIO Company as an Example [J], Modern Marketing, 2023: 134-136.
6. Hao Chen, Research on Strategic Cost Management of BYD New Energy Vehicles under the Perspective of Value Chain [D], Lanzhou University of Finance and Economics, 2023.
7. Li Zhiyuan, Research on Supply Chain Financing Mode of New Energy Vehicle Production and Manufacturing Enterprises[J], Investment and Cooperation, 2023(06):31-33.
8. Liu Jiayi, Research on Financial Risks and Prevention and Control Strategies of New Energy Vehicles-Taking NIO Company as an Example [J], Modern Marketing, 2023: 131-133.
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-155-1
- ISBN (Online)
- 978-1-83558-156-8
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/54/20230897
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited