菲达环保绿色债券融资对财务绩效的影响探析

Analysis of the Impact of Feida Enviro Green Bond Financing on Financial Performance

摘要: 在当前低碳政策的持续推动下，绿色债券作为支持我国绿色低碳产业发展的重要融资工具，其产品体系与市场机制日趋完善。在这一背景下，相关企业积极响应并探索创新融资模式。2023年9月，菲达环保创新性地发行了浙江省首单由国有上市公司发行的中长期绿色科创双贴标票据，成为绿色债券产品创新实践中的一个代表性案例，具备较强的行业示范意义。因此，本文选取菲达环保作为研究对象，综合运用财务指标分析法与因子分析法，系统考察绿色债券融资对菲达环保财务绩效的影响，并在此基础上，为菲达环保后续绿色债券融资活动提出针对性优化建议，以期为其他拟开展绿色债券融资的企业提供实践参考与借鉴。

Abstract: Driven by the continuous advancement of low-carbon policies, green bonds, as an important financing instrument supporting the development of China’s green and low-carbon industries, have seen their product systems and market mechanisms increasingly refined. Against this backdrop, relevant enterprises actively responded by exploring innovative financing models. In September 2023, Feida Enviro innovatively issued the first medium- to long-term green sci-tech innovation dual-labeled bonds by a state-owned listed company in Zhejiang Province, making it a representative case of innovation in green bond products with significant industry-wide exemplary value. Therefore, this paper selects Feida Enviro as the research subject, employs both financial indicator analysis and factor analysis to systematically examine the impact of green bond financing on its financial performance, and on this basis proposes targeted optimization suggestions for its future green bond financing activities, aiming to provide practical reference and insights for other enterprises planning to engage in green bond financing.