Feasible Research About The Resistor For Bus In Shaoguang Micro-electronics Campany

It is necessary to do the static financial analysis and national economy analysis, when we do the feasible reseach,which comprises the rate of profit, the period of recovery, net present value and equilibrium analysis, repay debt analytic and the sensitive analyzes.The Shaoguang micro- Electronics company locates Hongguang village of Nangli in Guangzhou, after market economy, enterprise business is almost exhausted. The company want to come out the predicament, development circumstance in last and Chinese car in foundation in one's own technique industry, the decision ushers in the advanced vehicle-use resistor manufacturing technique. This plan starts in 2005 August, setting up in 2007 January. The item's total investment is $36,838.7800 ten thousand Yuan ,register funds is 13998.73 ten thousand Yuan, employee's number is 1373 people: Technical 291 people, the worker's 1082. From January 2007, the item reaches to mass produce after three years: 10,000,000 piece resistor every year.The developments period of the item is about one year; Its fixed assets investment is $ 95,999.7 ten thousand Yuan .liquid capital is the total of the first, the second, the third year, its amount is $107,413.66 ten thousand Yuan; own funds is $36,838.78 ten thousand Yuan, flow loan is $8,220.77 ten thousand Yuan, long loan is $62,354.11 ten thousand Yuan. After three years, The project come to the demand production, which is 100000000 piece/year, this sale revenue is $61,046.15 ten thousand Yuan, $76,849.23 ten thousand Yuan, $90,699.28 ten thousand Yuan, $85,638.69 ten thousand Yuan, then six years of sale income is $80,862.6600 ten thousand Yuan. Through the detailed analysis of the item income, expenses, the property liabilities, cash discharge, income statement of the item, we get:IRR is 17.90%, which is a social IRR 10.6% of 1.65, is the item fixed assets to borrow funds the interest rate 6.03% of 2.97;A11 investments static investment period is 5.74 years, the dynamic invests period is 8.48 years; the own fund's IRR is 23.84%;The static investment period is 6.01 years; The item borrows funds period is 4.21 years; total NPV is $24,431.84 ten thousand Yuan.We can know that project is economic and possibility.