Research About Analysis And Promotion Based On The Economic Value Added Of BZ Transportation Group Company

Financial management objectives change the goal from the traditional profit maximization into value maximization with the continuous change of the social economic environment and concept of financial management. The economic value added is an assessment tool to comprehensive evaluation of enterprises to effectively use the capital and value creation, reflecting the ultimate business goals of enterprises, it is also the basis and core of enterprise value management.Since January 1, 2010, State owned assets supervision and Administration Commission of the State Council introduce the economic value added into the performance assessment of the central enterprises. Which the state capital shares of the company refer to the implementation. In January 2014, for the goal of improving the value of the core value management level, deepen economic value added, optimize the allocation of resources, SASAC issued a " management advice on the economic value added as the core to enhance the value of the central enterprise ", so that the core position of the economic value added in the enterprise value management further established.The implementation assessment of economic value added, can more truly reflect the business performance, and promote the enterprise to achieve strategic objectives, to achieve the effective management of resource allocation and asset restructuring. It is important to improve the management level of enterprises, enhance the value of enterprise, and promote the sustainable development of enterprises.The introduction of the economic value added for the enterprise is the primary stage of the application. The relevant research of domestic and foreign experts and scholars are mainly on effectiveness of application. How to increase the value of the enterprise and how to effectively solve the problems encountered in the process application of the economic value added, is an important issue to be solved urgently. In this paper, from the application process of economic value added to find the problems of enterprise, analysis the influencing factors, and put forward the corresponding strategies to solve the problem. For the introduction of economic value added as the theoretical foundation, we research the problems of BZ Transportation Group company in quantitative and qualitative,and put forward some effective ways to solve the problems.In this article, we mainly use the method of standard research. Since 2010, the SASAC introduce the economic value added into the performance assessment of BZ Transportation Group company. The economic value added of BZ Transportation Group company is low, assessment is affected.On the theoretical basis of concept, the calculation method and the accounting adjustment of the economic value added, We describe the basic situation, development situation and problems in the development process of BZ Transportation Group company. On the basis of accounting profit in 2010-2014 of BZ Transportation Group company, we analyse the effect of accounting adjustments of economic value added by using the methods of quantitative analysis: ratio analysis, trend analysis and mutual comparison, the methods of qualitative analysis: the judgment of the managers and the opinions of the experts, and calculate the economic value added. BZ Transportation Group company are diversified company, we analysis the profitability,cost composition, capital structure of the group’s internal industry and other factors which affect the economic value added, according to the results of the analysis, propose ways to increase the economic value added. We provide feasible suggestions for the decision maker of BZ Transportation Group company in order to optimize resource allocation, adjust industrial structure, improve the economic value added.