Financial Analisis Study On The Manufacture Project Of The Megawatt-level Wind-driven Generator's Principal Axis

In the newly years, with the development of economy, the demand for energy is increasing gradually in the world. The energy price is rising and the use of fossil fuel brings many great environmental problems. The clear and regenerate new fuel is paid broad attention. Wind energy is a new energy with the more mature technology, the mass industrial exploitation condition, and the less cost. Many countries think highly of it. MW generator's principal axis is the key unit of new clear energy wind-driven generator. Recently the demand for it is increasing.The manufacture project of MW generator's principal axis has the character as the difficult exploitation, the high accuracy. The investment risk of the project is high. At the same time, the domestic demand is increasing gradually, and the project has good prospect. Before the investment, there must has the feasibility analysis, especially the financial analysis. The financial analysis about the project has many roles. It will enhance the financial management in the corporation, induct and promote the corporation's resource rational distribution, optimize the investment structure, decrease and elude the investment risk, bring more economy effect.The paper comments on the manufacture project of MW generator's principal axis of Laiwu Jinlei Forge and Press Company through the financial analysis theory. Firstly, it analyses the construction scheme of the project. The analysis of the construction scheme mainly has the qualitative analysis from the macro perspective, including the project's general situation, the meaning of the project, the project's SWOT analysis, the analysis about technology scheme, the planning of organizing and practicing. Secondly, there is the estimation of the project's income and cost. It includes the estimation of sales incomes, taxes and dues, the production cost, the profit, the cash flow. Based on the analysis of construction scheme and the project's estimation, there is going on the analysis and evaluation about the project's finance. It includes the investment and finance analysis, the project's earning ability analysis, the solvency analysis. Lastly, it analyses the project's financial risk including the Break-Even analysis and sensitivity analysis. It also puts forward the counter and control measures about financial risk.