Research On The Value Evaluation Of Intelligent High-tech Enterprise A Based On The Modified Income Method

Since the 1980 s and 1990 s,high-tech enterprises have become the main melody of the development of the market economy era,and the pillar of China's social and economic growth has gradually transferred from traditional enterprises to high-tech enterprises.Compared with traditional enterprises,high-tech enterprises have developed rapidly,which are characterized by intensive technical knowledge,high turnover of capital input,large output efficiency and rapid development.When the traditional enterprise value evaluation method is used to evaluate high-tech enterprises,the characteristics of high-tech enterprises cannot be fully reflected in the valuation results,there are certain limitations,so the selection of appropriate valuation method becomes an urgent problem to be solved in the value evaluation of high-tech enterprises.Firstly,this paper reviews the literature related to traditional enterprise value assessment methods and analyzes the applicability and shortcomings of various traditional value assessment methods.It is found that the value evaluation method is still the traditional revenue method.But in high-tech enterprises,the pure income approach using traditional value assessment,only reflects the financial indicators of the high-tech enterprises to create value,rather than the value created by financial indicators are not reasonable,therefore,in order to improve the significance of high-tech enterprise value evaluation results,should choose A suitable for high-tech enterprise value assessment methods of reasonable valuations,on the basis of the traditional income approach,this paper combining with the characteristics of high-tech enterprises,to comprehensively consider the effect of non-financial factors index,fixed income method model,scientific valuation on A intelligent high-tech enterprises.In specific evaluation process,will be A smart high-tech enterprise data applications to the fixed income method model,and according to the evaluation results of model consistency inspection,to verify that the high-tech enterprise value evaluation using the method of fixed income model of rationality,scientific nature,for the relevant industry mergers and acquisitions,restructuring and listing process assessment to provide certain reference basis.Based on the traditional income method,the model coefficient is modified in this paper,which better reflects the influence of the non-financial index of A intelligent high-tech enterprise.When using the method of fixed income model to A intelligent high-tech enterprise value evaluation,combined with the expert scoring method and analytic hierarchy process,to A intelligent high-tech enterprises in the financial and non-financial indicators targeted selection,analysis and calculation,in this kind of combination of qualitative and quantitative way,make evaluation results more scientific and reasonable,enhance the meaning of A intelligent high-tech enterprise value assessment.