Value Evaluation Of Xian He Environmental Protection Enterprise Under The Background Of Peak Carbon Dioxide Emissions

The report of the 20 th National Congress of the Communist Party of China proposed that China should actively and steadily promote the realization of the goal of reaching the carbon peak,and plan its development from the perspective of harmonious coexistence between human and nature.China is expected to achieve the carbon peak target by 2030.Some environmental protection enterprises have actively participated in carbon monitoring,carbon accounting and other related businesses,attracting many investors,but there are certain risks in investment,especially in the context of the COVID-19 epidemic in recent two years,the development of the environmental protection industry has been affected.However,with the improvement of the epidemic situation,with the support of the policy,the research on the operation status and the ability to create value of environmental protection enterprises has broad prospects.Based on the analysis of the development status and potential of the environmental protection industry,this paper summarizes the development characteristics of the environmental protection industry.Select two evaluation methods that are in line with the development characteristics of the enterprise,evaluate the value of all shareholders’ equity of Xian he Environmental Protection Enterprise,and obtain the evaluation results through analysis and comparison.Taking Xian he environmental protection enterprise as the research object,the enterprise value is estimated by EVA model and market method,and the results are compared and analyzed to determine the evaluation results.Taking December 31,2021 as the benchmark date of the evaluation,we adjusted the relevant indicators,analyzed the financial report data of the enterprise over the years,and finally assessed the overall value of the enterprise on the benchmark date as 3.356 billion yuan and the value per share as 6.15 yuan through the EVA model.The result of market method valuation is3.235 billion yuan,with a value of 5.93 yuan per share.By analyzing the financial situation of Xian he environmental protection enterprise and the effective promotion of carbon peak policy objectives to the enterprise,analyzing the difference between the two valuation methods,and selecting the EVA model evaluation result as the evaluation result.Through the analysis and research of this paper,the conclusions are summarized as follows:(1)In the environmental protection industry,the EVA model can reflect the value of the enterprise more truly.The valuation model not only considers the future profitability of the enterprise,but also considers the total cost of capital owned by the enterprise.(2)Under the background of carbon peak,environmental protection enterprises have attracted much attention,and the carbon monitoring equipment developed by environmental protection enterprises are also actively applied to the market.Although the epidemic has affected the construction progress of the detection system of Xian he Environmental Protection Company,the operating income of the sub-business of the environmental detection system has declined to a certain extent.However,Xian he Environmental Protection Enterprise has a complete range of carbon monitoring equipment,and its overall business status is normal and its financial status is good.The overall value of the enterprise will be steadily improved in the future.(3)Xian he Environmental Protection Enterprise has great development potential,strong R&D ability and can create more value.While reducing financial risks,enterprises can expand financing channels and promote enterprises to create more value by adjusting their equity cost ratio.