绿色转型对煤炭企业财务绩效影响研究

Study on the impact of green transformation on the financial performance of coal companies

以证监会行业分类中,煤炭开采和洗选业涵盖的23家上市公司作为研究对象,从全球气候变化、政策驱动和煤炭行业急需转型升级3个方面查明转型动因;继而从煤炭企业自身引入绿色低碳技术和与新能源耦合发展2个方向探明转型路径;并选用16个财务指标,从盈利能力、偿债能力、营运能力和发展能力4个方面对2020年煤炭企业绿色转型前后的财务绩效进行评价。研究发现,在绿色转型下,煤炭企业盈利能力显著提升,偿债能力更有保障,营运能力稳步增长,发展能力由负转正,各方面财务绩效均产生正向影响。

The 23 listed companies in the coal mining and washing industry in the industry classification of the Securities and Futures Commission are used as the research objects to identify the motivation of transformation from three aspects:global climate change,policy-driven and the urgent need for transformation and upgrading of the coal industry;then the transformation path is explored from two directions:introduction of green low-carbon technology by coal enterprises themselves and coupling development with new energy;and 16 financial indicators are selected to evaluate the financial performance of coal enterprises before and after green transformation in 2020 from four aspects:profitability,solvency,operating capacity and development capacity.The financial performance of coal enterprises before and after the green transformation in 2020 is evaluated in four aspects:profitability,solvency,operating capacity and development capacity.It is found that under the green transformation,the profitability of coal enterprises is significantly improved,the solvency is more secure,the operating capacity is steadily increased,and the development capacity is turned from negative to positive,and all aspects of financial performance are positively influenced.