Research On The Value Evaluation Of Xi Shan Coal Electricity Group Based On Green EVA

In business operations,an enterprise needs to accurately and effectively assess the business value it is able to create,and only on the basis of accurate cognition and positioning can the enterprise further ensure that the right future development model is formulated,thus achieving long-term stable development.In the past,companies used the data in financial statements for rough analysis when evaluating the enterprise value.Later,in order to make up for the impact of equity capital on enterprise value,many companies used EVA model to evaluate the value of the company.Although this change has improved some loopholes in the traditional financial indicators,it is relatively one-sided to use the traditional EVA model to quantify the enterprise value under the background of calling for green profits and paying more attention to the development of environmental protection.As a result,the concept of green EVA was born in the field of modern green financial management.In order to stand in the increasingly fierce market competition,enterprises must formulate a complete development strategy and grasp the accurate enterprise value in time.Therefore,it is necessary to analyze and study green EVA.This thesis attempts to take Xishan Coal Power Co.,Ltd as an example to evaluate the enterprise value.Based on the green EVA accounting method proposed by the former,taking Xishan Coal Power Co.,Ltd.,a high pollution heavy industry enterprise,as an example,the author constructs an enterprise value evaluation model based on green EVA,and studies and discusses the practicality of the model by using the case study method and quantitative analysis method,so as to verify the applicability and operability of the enterprise value evaluation model.First of all,the specific motivation and significance of the study are discussed,and then the research on green EVA theory at home and abroad is analyzed and sorted out to better guide the follow-up research.Secondly,the enterprise value evaluation model is improved,and a new enterprise value evaluation model based on green EVA is constructed.Through the induction and learning of relevant knowledge,it provides theoretical support for the following thesis.Then,the actual case study of the improved value evaluation system is carried out.Firstly,the status quo of Xishan Coal Power Co.,Ltd is introduced.Through the analysis of financial status and environmental protection status,the basis for the selection of the model and the selection of improvement adjustment items is laid.Then,by using the comparative analysis method and combining with the current situation of Xishan Coal Power Co.,Ltd,the targeted value evaluation method is selected and the green EVA is comprehensively analyzed The applicability and feasibility of value evaluation method in Xishan Coal Power Co.,Ltd plant,so as to use the improved model to calculate the current more accurate enterprise value of Xishan Coal Power Co.,Ltd,and then put forward reasonable suggestions for Xishan Coal Power Co.,Ltd.At the end of the thesis,the thesis compares and analyzes the results of the enterprise value simulated by the improved model and the traditional model,verifies the scientificity of the enterprise value calculated by the improved model,and draws the final conclusion for the full text,which provides reference for the decision-making of managers and investors.This thesis has 5 pictures,30 tables and 50 references.