The Enterprise Value Evaluation Research Of Wei Chai Power Lt. Co.

Based on financial analysis theory and enterprise value evaluating theory, regarding Weichai Power Lt. Co. as the research object, this thesis holds on a objective discuss about the applicability of discounted cash flow model to evaluate the enterprise value, using essential research and metric analysis method.This thesis begins with the essential analysis of the Weichai Power Lt. Co., attaches importance to the internal value of the enterprise and the profitability as well as growth. At the same time, we analyze the premise and condition of using the value evaluation method. Meanwhile, we analyze the industry foreground, competition advantage, financial condition, profitability, growth and the company foreground, including almost all the main content to analyze the list company investing value. This thesis takes a demonstration analysis and forecast on Weichai Power Lt. Co., using the quantitative analysis method. We financially ascertain the enterprise value of Weichai Power Lt. Co. by adjusting the historical financial report, forecasting future free cash flow, ascertaining the discount ratio, and revealing the evaluation result.Because of the inherent limitation on investing, in reality, internal theoretic value analysis could only be used as one reference on investing, and it's hard for investors to master and use. The whole analysis process of holding on value evaluation about Weichai Power Lt. Co. could be regarded as a reference of holding on value evaluation about enterprise. There is some theoretic instructional meaning for the congener Chinese enterprises to evaluate the internal value by discounted cash flow evaluating method. In addition, there is some reference meaning for the investors to make investing decision. It's of important significance for the administrator to advance enterprise value on cognizing the enterprise value.