Business Valuation Case

Our country enterprise value appraisal business began in the late 1980 s. Enterprise value assessment for China’s economic reform and value management provides a powerful intellectual support and technical support.Frequent company listed on the market, mergers and acquisitions, corporate restructuring, asset restructuring, transnational operation, and other economic activities with our country market economy fast development.So we must assess the enterprise value accurately and guide investment decisions scientifically.Because our country enterprise value assessment of the business has just started, so we need to draw lessons from the successful experience of western developed countries, further improve the enterprise value assessment theory system, improve evaluation personnel’s professional quality.In this paper, in the first chapter introductes the background and meaning of this research in the enterprise value evaluation,and introductes theory research present situation analysis from the enterprise value assessment factors, assessment methods, assessment system thinking Angle, the problems existing in the evaluation and countermeasure.The second chapter introduces the concept of enterprise value assessment in detail, the main factors and the evaluation of the three important methods.The third chapter presents the relevant laws and regulations for the assessment of enterprise value and evaluation program.The fourth chapter provides the typical enterprise value assessment case involving equity transfer------ Shandong XX co., LTD intends to transfer its holdings of Shandong XX development co., LTD. 30% stake in the project involved in the case of Shandong XX development co., LTD.The fifth chapter gives the detailed case assessment process, and analyzes the related problems in depth.This part analyses three aspects on the depth.Firstly, the assessment of enterprise value on integral method to choose according to the enterprise actual situation to choose the appropriate evaluation methods.Secondly, we should set assets classification reasonably, set reasonable assumptions, accurate choosing evaluation methods when using the cost method for each single item assets appraisal.Enterprise value assessment need improve the quality of the appraisers, learn to control the risk.The sixth chapter is conclusion and recommendations of this paper.