Will Rapid Growth Lead to Financial Difficulties?

Facing the increasing severe energy crisis and environmental problems, the emerging industries like new energy vehicles spring up. And as part of it, the auto industry starts focusing on the manufacture of new energy vehicles. This paper first examines the growth of four main public automobile enterprises which belong to the sales top 20 rankings of new energy vehicle; it shows their growth rates are extremely higher than sustainable growth rates. Will this situation bring about financial stress and financial risks? Further analysis is conducted by means of financial lever effect and Z-score model, the result is found that financial resource constraints and financial risks do not exist while these companies' supercharged growth exists sustainably. Finally, based on the results of analysis, the advices on sustainable development on automobile enterprises are put forward.