Research On New Energy Enterprise Value Evaluation Based On Improved EVA

Due to the frequent occurrence of problems such as environmental pollution and resource shortages,the new energy industry has ushered in development opportunities.With the development of the new energy industry,the value assessment of new energy companies has gradually attracted people’s attention.Establishing an evaluation model for new energy companies and conducting scientific and effective evaluations have different practical significance for building an evaluation system for new energy companies.Based on the existing relevant theories,this paper establishes an evaluation model that conforms to the characteristics of new energy enterprises.Based on the basic theory and definition of value assessment,this paper improves the calculation method of EVA,so as to carry out the value assessment of new energy enterprises.This paper first compares the EVA evaluation method with the conventional evaluation method,and finds that the EVA evaluation model is more in line with the value evaluation standard of new energy enterprises.And according to the limitations of the current EVA evaluation method,from the perspective of directly affecting the price of new energy companies,the value of new energy companies is analyzed,and a new evaluation method is proposed.Secondly,while considering the financial indicators such as the profitability and operation capacity of the enterprise,it also comprehensively considers the non-financial indicators such as technological innovation and comprehensive human resources efficiency,and then optimizes the EVA method,using the analytic hierarchy process and the dimensionless method.Methods Standardize the indicators.Finally,in order to verify the practicability of the improved EVA method,this paper selects JG Company for empirical analysis.Starting from the business status and development trend of JG Company,based on the evaluation data from 2017 to 2020,calculate the historical EVA value,and then based on the binary growth model,calculate the EVA value of the stable growth stage in the high-speed growth stage,and get The EVA value under the conventional method,and then the financial factors and non-financial factors are introduced to calculate the improved EVA value.Compared with the data of traditional EVA evaluation,it is found that the improved EVA value is slightly higher than the traditional EVA value.It can be seen that the enterprise value of the EVA method after considering financial and non-financial factors is closer to the real enterprise value,because both economic and social factors are taken into account,so it shows that the impact of the enterprise cannot be ignored when valuing A non-financial measure of value.This improved method provides a basis for the decision-making of management and information users,and has certain theoretical and practical significance.