Research On Performance Evaluation Of S Company Based On Economic Value Added

China's economy has experienced a rapid development in the past few decades.China's economic development has greatly driven the rapid expansion of various industries in China.Products made in China everywhere of the world,we become a world factory,but at the expense of environment and resource,air pollution,water pollution,resource depletion,how to change the development mode is imperative.Home appliance industry has become the highest marketization industry in China,and also the most popular industry.The popularization movement of home appliance industry has started the popularization of Chinese business.However,our country home appliance industry is still at the end of the world's home appliance industry value chain,industry level most stay on the product assembly,can bring about lasting competitiveness of the core technology is still abroad.Obviously,if.this situation does not change,then our household appliances industry will always be a downer for others' profits and cannot reach the top of the world industrial chain.How to truly reflect the performance of enterprises,so as to have a deep understanding of enterprises and put forward the incentive system is crucial to enterprises.Distributed decision-making mechanism,the performance evaluation system and employee compensation policy is an important part of the modern enterprise control system of the three,the performance evaluation and the significance of guidance,motivation and evaluation.Without measurement,it cannot be managed,that is,it expresses the key role of performance evaluation.However,the traditional performance evaluation method to consider the opportunity cost of the owner's equity,relative single financial capital to measure performance is more likely to lead to the operator behavior of one-sided,short-sighted.Especially for play a more and more important role in the world economic stage of China's market economy,is not very perfect performance evaluation method,has become a "straitjacket" of the development of Chinese enterprises.EVA performance evaluation system can provide new management concepts and methods for solving this problem.EVA is more able to analyze the real value of enterprises in essence and is also the mainstream method of enterprise evaluation at present.It provides management with dynamic reflection,provide managers with more realistic data,facilitate investors mining enterprise real value at the same time,also is advantageous to the enterprise more real understanding of their own,to better determine and implement the development strategy of the future.This paper discusses the implementation of EVA performance evaluation system in enterprises from the perspective of performance evaluation in view of the characteristics of household appliance industry and the advantages of EVA as the core value management system.This paper tries to make an evaluation on the business status of S appliance company through EVA calculation and analysis.This paper firstly introduces the theoretical basis and related concepts of EVA performance evaluation,and expounds the principle of EVA.Then it analyzes the current situation of S company based on the actual background of S company,and puts forward the necessity for S company to use EVA for performanceevaluation.Then apply EVA performance evaluation to analyze S company,and compared with traditional index,points out the applicability of the EVA performance evaluation in S company,finally sums up the EVA performance evaluation application according to the results of the analysis of advantages and disadvantages,and puts forward some improvement Suggestions to perfect the EVA performance evaluation.