Research On Performance Evaluation Of EVA Value Unit Of Large Scale Equipment Manufacturing Enterprises

SASAC central enterprises in2010the full implementation of economic value added(Economic Value Added, abbreviated as EVA) assessment, which will guide the centralenterprises to focus on capital efficiency, optimize the internal allocation of resources to achievelong-term sustainable development and preserving the value of state-owned assets appreciation.Economic value added is equal to after-tax operating profit minus the total capital cost,capital costs, including the cost of debt and the cost of equity. It is the corporate the residualincome net of the cost of capital, can accurately measure corporate value created forshareholders.The foundation of the large equipment manufacturing industry occupies an importantposition in China’s national economy, the economic and technical fields, has a huge role inpromoting the economy of the country. Therefore, large equipment manufacturing enterprises inorder to meet the assessment of SASAC EVA shareholder wealth continues to increase, preserveand increase the value-added of state-owned assets, and actively promote the the EVA valuemanagement system, is imperative. China Coal Zhangjiakou Coal Mining Machinery Co., Ltd.(hereinafter referred to as "Zhang stoker) as a typical large-scale equipment manufacturingenterprises to actively pursue the EVA value management system, drawing on the amoebabusiness ideas, the establishment of a market mechanism-oriented" Everyone are operators of theEVA unit management mode, you need to establish a set of performance evaluation indexsystem.In this paper, take zhang stoker for example，EVA value of the unit by Zhang stoker on thebasis of a comparative analysis of the balanced scorecard, economic value added, derived EVABalanced combination of two methods, the results of a comprehensive evaluation of the EVAvalue unit, and thus the establishment of performance evaluation index system, give full play tothe performance evaluation, incentives and guiding role to guide the behavior of managers andemployees at all levels of the enterprise, and motivate employees to create more value for ourshareholders, drive EVA improvement of the enterprise as a whole, the research results for otherlarge equipment manufacturing enterprises reasonable performance evaluation to provide areference.