研发投入对汇顶科技公司企业绩效的影响研究
中文摘要
科学技术是社会发展的重要推动力，集成电路欧亿·体育（中国）有限公司对中国科技发展起着重要的支撑作
用。研发投入能够在一定程度上提升企业的竞争力，从而提升企业绩效。良好的企业绩效
作为企业可持续发展的必要因素，分析研发投入对企业绩效的影响，并在此基础上探索提
升绩效的对策，对促进我国集成电路欧亿·体育（中国）有限公司竞争力提升与可持续发展有一定的参考价值。本
文以汇顶科技公司为例，首先梳理了企业绩效评价方法，包括财务绩效与创新绩效评价方
法；进而选用经济增加值分析方法结合企业经营效益财务指标，对汇顶科技公司及其所属
欧亿·体育（中国）有限公司的财务绩效进行衡量，并选用企业的专利申请情况作为创新绩效的评价指标进行分
析；最后通过研发投入对企业的经济增加值、盈利能力、专利申请量等方面的影响情况分
析，研究企业的研发投入对企业绩效的影响机理，从而为企业的进一步发展提出意见建议。
研究结果显示，汇顶科技公司近五年的研发投入资金量大，投入占比高，公司人员绝
大部分为研发人员，高研发投入在一定程度上改善了企业的财务及创新情况，公司的财务
状况总体良好，专利申请的数量也逐年往上增加。但是在这样良好的数据背后，企业的绩
效也存在一定的问题。对当期财务指标而言，过高的研发投入也严重影响了企业的资产周
转率、资产净利率等方面。因此本文认为，汇顶科技公司在提高研发投入的基础上，还要
关注资本结构方面安排的合理性，同时提升研发水平，提高自主创新能力。这对中国市场
上的高新技术企业公司都有普遍的参考意义，在提倡大力发展科技创新的同时，企业还需
要结合自身的情况，不断提升研发水平而不是盲目增加投入力度。
关键词：集成电路欧亿·体育（中国）有限公司,研发投入,企业绩效,研发水平
I

Research on the impact of R & D investment on enterprise
performance of Goodix
Abstract
Science and technology is an important driving force for social development, and the
integrated circuit industry plays an important supporting role in China's scientific and
technological development. R & D investment can improve the competitiveness of enterprises to
a certain extent, so as to improve enterprise performance. As a necessary factor for the
sustainable development of enterprises, good enterprise performance analyzes the impact of R &
D investment on enterprise performance, and on this basis, explores the countermeasures to
improve performance, which has a certain reference value for promoting the competitiveness and
sustainable development of China's integrated circuit industry. Taking Goodix as an example,
this paper first combs the enterprise performance evaluation methods, including financial
performance and innovation performance evaluation methods; Then, EVA analysis method is
used to measure the financial performance of Goodix and its industry, combined with the
financial indicators of enterprise operation efficiency, and the patent application of the enterprise
is used as the evaluation index of innovation performance; Finally, through the analysis of the
impact of R & D investment on the economic added value, profitability and patent application
volume of enterprises, this paper studies the positive and negative impact of R & D investment
on enterprise performance, so as to put forward opinions and suggestions for the further
development of enterprises.
The research results show that Goodix has invested a large amount of R & D funds in recent
five years, accounting for a high proportion. Most of the company's personnel are R & D
personnel. High R & D investment has improved the enterprise's financial and innovation
situation to a certain extent. The company's financial situation is generally good, and the number
of patent applications has increased year by year. However, behind such good data, there are
some problems in the performance of enterprises. For the current financial indicators, too high R
& D investment also seriously affects the enterprise's asset turnover rate and net asset interest
rate. Therefore, this paper believes that on the basis of increasing R & D investment, Goodix
should also pay attention to the rationality of capital structure arrangement, improve R & D level
and independent innovation ability. This has universal reference significance for high-tech
enterprises in the Chinese market. While advocating the vigorous development of scientific and
III

technological innovation, enterprises also need to continuously improve the R & D level in
combination with their own situation, rather than blindly increase investment.
Key words: Integrated circuit industry, R & D investment, enterprise
performance, R & D capability
IV
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