Study On Methods Of The Valuation Assessment Of High And New-tech Enterprise

High and new-tech enterprise reorganization, mergers and acquisitions, listing and other economic activities have become increasingly frequent, value management in enterprise management highlights the growing importance of, and investment in high and new-tech enterprises to risk the special needs of these high-tech enterprises have made the assessment value of demand ever greater. However, due to new technologies, new industries have emerged, the updating of knowledge faster, shortening product life cycles, enterprises increasingly volatile external environment and uncertain, so that high and new-tech enterprises are different from the traditional mode of growth-oriented enterprises and development characteristics, and therefore has a different assessment of the business value of features.This paper analyzes the characteristics of the value of high and new-tech enterprises and value driven sources. And focus on the value chain of its features, then based on the value chain perspective, that the value of high and new-tech enterprises is a comprehensive value, both from the financial factors, from the non-financial factors. This paper is divided into five chapters:Chapter I: The value of high and new-tech enterprises at home and abroad to assess the status of research, and its value was adding its definition, and the purpose of the study presented in this paper, ideas and methods.Chapter II: From start with the definition of high and new-tech industries, high and new-tech enterprises to define, and then analyzed by high and new-tech enterprises with the general characteristics. At the same time the life cycle of high-tech enterprises, the source of value, value chain analysis, to pave the way for its valuation.Chapter III: First, assess the value of high and new-tech enterprises with the characteristics pointed out that the business value of traditional assessment methods used to assess the value of high and new-tech enterprises have limitations and applicability, based on this, thinking based on the value chain of high and new-tech enterprises Valuation Methods new ideas, from a financial and non-financial factors both factors for assessing the value of high and new-tech enterprises. Financial factors can be assessed in accordance with the lives of enterprises to select different stages of the traditional assessment methods, and non-financial factors for the assessment of this paper AHP-fuzzy comprehensive evaluation model to be evaluated.Chapter IV: Based on the above analysis of the proposed model to assess the value of high and new-tech enterprises ideas, and expounded on AHP-fuzzy comprehensive evaluation of non-financial factors Index System and the general model of steps.Chapter V: Selection of the company to Sun Yat-sen University DAAN GENE Company above assessment model example of analysis, verification of its feasibility.