Use Economic Value Added (eva) On The The Cimc Value Creation Research

The goal of management of modern enterprises is the fulfilling of value maximizing for her shareholders. However, the majorities of domestic enterprises still set the traditional profits as their goals of management and make invest mental decisions blindly without fully consideration of potential cost and risk, then, failing to create the real value for shareholder with the resource.Such being the case, it is greatly necessary to introduce a set of operatively value system to assist enterprise to fulfill their goal of value-maximum. By studying on it, we found that the model of EVA is the relatively mature tool in the world, which can help enterprise to attain value-creating. By studying and analyzing of the real operation of the EVA model in practice, we try to help Chinese enterprises.Firstly, this article concludes the drawbacks on evaluating value added when Chinese enterprises use traditional goal of profit maximization, and then turn to the important method used in value added by foreign enterprise Economic Value Added model (EVA). Moreover, it analyzes the EVA in depth from the positive and negative sides (the convenience on practical operation and the limits of use).Then, based on the analysis on current Chinese public listed companies, it puts forward the urgency and necessary to establish the valve-added operating goals for Chinese enterprises. It elaborates the distinct effect on the shareholders' valve, which is created by enterprises, though the EVA model. It also introduces how to use the EVA model to evaluate the performance and valve of a enterprise in practice.In addition, though using the EVA model to analyze the value added in the ten-year development of China International Marine Containers (Group) Ltd, it concludes the experience that how excellent enterprises create valve, to use for reference for other enterprises.Last but not the least, it analyzes how to use the EVA model to add the enterprises value systematically, and comes to the conclusion that enterprises can realize the value added by promoting the profit margin, lowering the capital cost, raising the capital conversion ratio, concentrating capital to invest on high return projects, etc., to reach the goal of maximizing the shareholders' value...