Research On The Financial Performance Evaluation Of HF Company Based On EVA

With the vigorous promotion of market economy,the traditional index analysis model based on net profit is difficult to give a more scientific explanation of the cost of equity,which inevitably leads to significant defects in the evaluation system.Under the concept of modern enterprise management,the maximization of shareholders’ rights and interests is the ultimate goal of current management.Under this theory,EVA(Economic Value Added)began to receive widespread attention.This concept has a significant correlation with the shareholders’ rights and interests.It gives full consideration to the cost of equity funds.The past performance evaluation model mainly uses the current accounting standards to design the corresponding financial statements,and its profit is the core of the evaluation system.As the profit index can be artificially manipulated,it will inevitably make the corresponding performance evaluation system lacks the corresponding objective and scientific attributes,can not better meet the business needs of competition.The performance evaluation model based on EVA takes enterprise profit as the core,comprehensively considers its pretax net profit and enterprise input cost,avoids the possibility of human manipulation,and can more accurately show the current operation of the enterprise.The enterprise the value created can also be accurately judged.This article is divided into six parts: The first chapter,introduction.In this part,the background and significance of the research,the content and method of the research and the main innovations of this paper are mainly expounded.At the same time,the current status of the research at home and abroad are reviewed.The second chapter is about the financial performance evaluation and the related content of EVA.This part mainly elaborated the financial performance evaluation and EVA related theory;The third chapter,HF company’s financial status analysis.This part mainly takes HF company as the research object,gives a brief introduction to HF company,and secondly analyzes HF company’s financial performance.The fourth chapter is the financial performance evaluation of HF company based on EVA.The research of this part mainly designs and calculates the financial performance of HF company from the perspective of EVA,and on this basis,it evaluates the financial performance of HF company;The fifth chapter,the problems existing in the financial performance of HF company based on EVA and Suggestions for Improvement.This part is about the problems existing in the financial performance of HF company after the EVA financial performance evaluation and analysis.At the same time,this chapter also puts forward some suggestions on improving the financial performance of HF company based on EVA.The sixth chapter,the paper summarizes the research,analysis of existing shortcomings finally.