Analysis Based On The Financial Statements Of The Enterprise Value Perspective

The financial statement is regarded as the important reflection of enterprise's financial situation and business performance. It becomes the legal materials that the listed company announced regularly and more and more people pay attention to it with the development of the capital market. Through the accounting data of the financial statement, we can find out the business performance of enterprises, discern the quality of enterprises and we can predict the future of enterprises. That is to say, through the analysis of the accounting data offered by enterprise's financial statement, we can assess enterprise's value and predict the development prospects of enterprises, so that we can make rational decision.This text discusses how to make use of financial statement to estimate enterprise's value. On the basis of the traditional analysis of enterprise's value, the paper points out the deficiencies of the traditional financial statements analysis. And then the paper makes further analysis of the financial statements in order to understand the value of the enterprise better.The paper first describes the relationship between financial statements and enterprise value, and come to the conclusion that the financial statements are the information carrier of the enterprise value. Analysis of the financial statements through financial data is the tool to estimate the value of the enterprise. Then the paper analyses the limitation of the traditional financial statements themselves, financial index and traditional method. After that, the paper make improvement in the three aspects, therefore, the analysis of enterprise value and the financial statements become more relevant.Finally the paper uses a case study to show how to analyze enterprise value by the improved financial statement analysis system, and compared with the traditional method, the improved method has more advantages.