Research On Investment Value Based On EVA Model

Since the international financial crisis of 2008, China’s stock market had experienced seven years in a bear market. The market regulators, managers of listed companies and investors began to attach importance to the intrinsic value of the enterprise. Based on macroeconomic analysis, industry analysis and company analysis, this paper analyzes the investment value of the company through the economic value added(EVA) model, which provides a reference for the investors.There are many kinds of methods to evaluate the enterprise value, but after years of arguments, the study found the more abundant cash flow, through economic value added(EVA) calculated value compared with the traditional cost method and comparable companies rate method can more accurately measure the level of enterprise value. In this paper, application of economic value added(EVA) model for building in Shenzhen listed companies- YNBY evaluation and analysis on the company’s overall value, in order to facilitate investors to examine future growth of the YNBY company and verify the effectiveness of the strategy of the company to implement. EVA is not only a kind of value assessment method, is also a kind of new management concept. This paper further improves and develops the EVA evaluation method. EVA set enterprise management performance evaluation and value evaluation, on the one hand can provide a meaningful guidance to the investors’ investment activities. On the other hand, we can also promote the securities market to promote the transformation, but also can promote the enterprise to form the value oriented management concept, pay attention to long-term development, develop the potential value, realize the maximization of shareholder wealth, can also enable investors to improve ability to risk management and control, realize the maximization of personal benefits.Based on the premise of basic research and combining theory with practice, using the overall enterprise value evaluation system, this paper analyzes the financial history data of enterprises, and analyzes the macro and micro environment of the companywhich is faced. To the company in the future to create economic value and cash flow capacity as a fundamental point, in order to effectively bring the value of the company may produce economic benefits, the company’s business and assets linked to make investors make an ideal investment decisions.Through the fundamentals of the YNBY company and its’ nearly five years of financial situation analysis, can be concluded: the company is a steady development, has the very strong profitability of enterprises and YNBY stock is a good growth of blue chips, relying on the excellent company strategic management capabilities and excellent asset quality, YNBY company has huge development potential and staying power, is a worthy of attention and investment of listed companies.