The Financial Valuation Of Topsun Technology Company Merging Qianjiang Pharmcetical CO., LTD

Success and failure is always a hot topic in China's surging wave of mergers and acquisitions. It has an important theoretical significance to do research on the process of how M & A financial analysis and decision-making, so as to achieve the purpose of acquisition, but also for the standardization of China's M & A and rational operation of the proposed ideas and information.Based on the case of Topsun Technology Company merging Qianjiang Pharmcetical CO., LTD, analyzing the financial situation of Qianjiang and assessing its value, this paper does a research about the Method of payment to Qianjiang Pharmcetical CO., and the benefits of merging.The purpose of Topsun Technology Company merging Qianjiang Pharmcetical CO., is to seek financial synergies, expand the scale and enhance its competitiveness in the pharmaceutical market. The paper first briefly introduces the basic situation of Topsun Technology Company and Qianjiang Pharmcetical CO., LTD, then the property debt table which, the profit table and the cash flow indicator manufactures drugs by Qianjiang Pharmcetical CO., LTD is an object, adopts horizontal methods and so on analytic method, vertical analytic method, ratio analytic method, carries on the overall analysis to its financial situation. In analyzes the Qianjiang Pharmcetical financial situation in the foundation, uses the account original value law, the market profit law and only methods and so on cash flow, calculates purchase value, and the value which obtains to each method appraisal carries on the comparative analysis, considered the state of operation and so on other aspect special details determination final appraisal value. Topsun Technology Company special details, the research uses the cash purchase, the stock purchase and the synthesis negotiable securities purchase feasibility, makes the concrete financial analysis and the plan to each purchase way, and further analyzes each payment pattern the advantages. Aspects and so on financial risk which for the Topsun Technology Company. Finally, after analyzing the mixed economy effect of merging from the angle of the economic effect, financial effect and financial risk.