Financial Risk Analysis of the Photovoltaic Industry Based on the Z-score Model——Taking AKCOME as an Example

Zhen Lu; Shangda Yang; Yichen Ding

doi:10.54097/e3541042

Authors

Zhen Lu
Shangda Yang
Yichen Ding

DOI:

https://doi.org/10.54097/e3541042

Keywords:

Financial Risk, Z-score Model, Photovoltaic Industry, AKCOME.

Abstract

As a key development focus of China's new energy industry, the photovoltaic industry has received a series of strong policy supports. Due to the high R&D investment and high technological barriers in the industry, listed companies in this industry face relatively high financial risks. However, current studies on the financial risk analysis of enterprises in the photovoltaic industry are rather limited. This paper takes AKCOME as an example to analyze its financial data, evaluate its solvency, operating ability, and profitability, and identify and assess its financial risks through the Z-score model. The specific causes of financial risks are further explored and a series of targeted suggestions are proposed, hoping to provide references and warnings for financial risk management of relevant photovoltaic enterprises.

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