Financing Strategy and Dynamic Capital Structure Adjustment of EVE Energy

DOI

10.2991/978-94-6239-642-5_9How to use a DOI?

Keywords

EVE Energy; Financing strategy; Capital Structure; the Pecking Order Theory

Abstract

Under the promotion of the “dual carbon” strategy, the new energy industry has experienced explosive growth. As a core supporting field, lithium batteries have significantly increased their dependence on funds due to rapid technological iteration and high demand for capacity expansion. This study takes EVE Energy, a representative enterprise in the lithium battery industry, as the research object, integrates the Pecking Order Theory and Trade-off Theory, and explores its financing strategy selection, capital structure changes, and financial performance by analyzing its 2020-2024 financial data. Research has found that EVE Energy’s financing mainly relies on equity financing, which differs from the Pecking Order Theory; in terms of capital structure, the company’s total assets have strong long-term solvency, but weak short-term solvency; in terms of financial performance, gross profit margin and profitability are showing a downward trend, which can be improved by increasing sales and reducing costs. This study not only verifies the applicability boundaries of POT and TOT in high-growth new energy enterprises but also provides practical references for similar enterprises to optimize financing structures and balance solvency with profitability, which is of great significance for promoting the healthy development of the lithium battery industry.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yichen Yang
PY  - 2026
DA  - 2026/04/29
TI  - Financing Strategy and Dynamic Capital Structure Adjustment of EVE Energy
BT  - Proceedings of the 2026 11th International Conference on Financial Innovation and Economic Development (ICFIED 2026)
PB  - Atlantis Press
SP  - 77
EP  - 85
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-642-5_9
DO  - 10.2991/978-94-6239-642-5_9
ID  - Yang2026
ER  -