中国新能源上市公司成长性评价研究

发展新能源产业是我国实现能源结构转型和发展低碳经济的重要途径，研究新能源行业上市公司的成长性有助于了解新能源产业的发展态势。本文分析了影响中国新能源上市公司成长性的关键因素，并构建成长性评价指标体系，收集36家新能源上市公司2011～2015年的面板数据，采用因子分析对我国新能源上市公司的成长性进行综合评价，并对不同类型的新能源上市公司成长性进行对比分析。研究表明，我国新能源上市公司整体成长性偏低，多数企业追逐短期盈利，各分项能力发展不均衡；不同类型的新能源上市公司成长性和各分项能力存在较大差异。

Research on Evaluation of the Growth of New Energy Listed Companies in China

The development of new energy industry is an important way to realize the transformation of energy structure and the development of low-carbon economy in China.The research on the growth of new energy listed companies contributes to understand the developmental trend of new energy industry.This paper analyzed the key factors that affect the growth of new energy listed companies,and built the evaluation index system,and then collected panel data from 2011 to 2015 to conduct a comprehensive evaluation on the growth of 36 new energy listed companies,and compared the growth of different types of new energy listed company by using factor analysis.The results showed that:1）the overall growth of new energy listed companies is not fine,and most companies pursued short-term profit and developed unbalanced in various subentry capacities.2）different types of new energy listed companies have greater differences in growth and various subentry capacities.