Research on the Credit Risk of Hydrogen Energy Industry Based on KMV Model

Qi An ()
Additional contact information
Qi An: Hefei University of Technology, School of Economics

A chapter in Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024), 2025, pp 810-816 from Springer

Abstract: Abstract With the continuous development of the hydrogen energy industry, it has become an important direction of the current global energy development. Simultaneously, the corporate credit risk within the burgeoning hydrogen energy sector has garnered significant attention from academic researchers. This paper selects the financial statements and other related information of 10 hydrogen enterprises from 2019 to 2022 and uses the KMV model to analyze the credit risk status of hydrogen industry. The results show that the equity value volatility of hydrogen enterprises is positively correlated with credit risk. Meanwhile, the credit risk of Chinese hydrogen industry shows an upward trend from 2019 to 2022, which deserves the attention of relevant investors and managers. In the future, relevant enterprises must strengthen risk management and bring credit risk control into routine business operations. This research establishes a factual foundation conducive to the robust growth of the hydrogen power sector, carrying notable real-world implications.

Keywords: KMV model; Hydrogen energy; Credit risk (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-652-9_87

Ordering information: This item can be ordered from
http://www.springer.com/9789464636529

DOI: 10.2991/978-94-6463-652-9_87

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().