Research On Value Assessment Of Vanke Group Enterprise Based On EVA

The core and the fundamental goal of modern enterprise management are tomaximum enterprise value. The enterprise managers through the enterprise valuation torealize the true value of the enterprise and the effect of different decisions on theenterprise value. By this way, the enterprise managers can do the right activities to createvalue. The investors also realize the enterprise value by enterprise valuation. So theinvestors make the reasonable investment decisions. With the continuous development ofmarket economy, and the expansion of its application, it is very important that use anappropriate method to assess the different types of enterprise.The article first analysis the research background of enterprise valuation, andconclude the theory research, purpose and significance of this article. The second partconclude the basic though and the theoretical basis of the EVA method of enterprisevaluation，explained the meaning of EVA, the ideological sources, the calculation and themajor adjustments of EVA. On the foundation of theoretical research, the article chooseVanke Group enterprise to case analysis, Introduce the background and financial analysisof Vanke group，use the EVA method to valuate Vanke group enterprise value, compareand analyze the assessment result under the EVA method and the realistic status. At thelast, analysis the current situation of enterprise valuation in our country, find the issue intheory and practice, and offer countermeasure and proposal. This article is thedevelopment of the mainstream of enterprise evaluation-EVA method. It can combine theenterprise evaluation and the enterprise performance very well. This is good for guidingthe common investors to make the right decision, but also put the enterprise managementmore effective.