The Project Financial Evaluation Of X Company Xiang'an Industrial Park

Economic evaluation is an important part of the project feasibility research and project evaluation, includes financial evaluation and national economic evaluation. This paper discussed the investment project of X company Xiang'an electronic industrial park from the perspective of financial evaluation and uncertain analysis. It not only can be used as the scientific decision-making basis of the investment project, but also provided foundation for X company to apply for project loans and stock market financing.First, the paper introduced briefly the project background , analyzed the existing market demand for TV, predicted the sales amount in the future, then accordingly determined the project production capacity and the main technical and economic index. Secondly, it did the project financial evaluation, estimated the total amount of investment, worked out the project annnual sales revenue, the tax and the total production costs, created the financial report forms, calculated all kinds of financial index. We can draw the following conclusions: the project had good static and dynamic financial indicators, strong financial profit and solvency capability , healthy financial ratios, the project financial situation would be better and better.In particular, because of the intense competition in domestic electronic industry, the TV prices and the project sales amount were changeable, the annnual project income and the operating costs were unstable, the paper focused on the in-depth uncertain analysis through chart and table, included single-factor , double-factor , triple-factor sensitivity analysis and risk analysis, on the base of the project financial evaluation, in order to determine the impact level of various uncertain factors completely and estimate the possibility of profit and loss, the conclusions were: the project had big investment risk, the sales prices and the operating costs were two strong sensitive factors, all key uncertain factors must be controlled in limited area to ensure the project earnings.Finally, the paper made constructive suggestions on the project from the perspective of financial evaluation, uncertain analysis and project management.