The Xi'an Tonghui Company Uv Coating Project Evaluation

Due to the serious environmental pollution caused by traditional Materials & Technical, all countries across the world are striving for introducing the development and research project of various new Materials & Technical in the times of the integration of environment-economy. In the printing trades, UV coating technology is very popular in USA and Europe .China has already turned to be an enormous UV Coating-Materials & Technical market. The purpose of this paper is analyzing and assessing the UV Coating's project of XI'AN TONGHUI Company.Based on the theory of project evaluation, the major concerns fall on the forecast of market demands, financial analysis and risk analysis. The forecast of market demands of this project include: the amount of present demands and its components; market segmention. The major concerns of financial risk analysis is project uncertainty and risk analysis including gain-loss balance, single-elements and multi-elements sensitivity, which reduce effectively the impact of uncertainty on project economic effect, promote the anti-risk capability and enhance scientific and reliability of decision-making in project investment.Through analyzing, the project's selling income per annual is 34580RMB thousand Yuan, average profit per annual is 5978RMB thousand Yuan when it's building is finished. The project's investment profit and tax rate is 51. 19% ,financial internal rate of return is 34.16% investment pay back period is 2.19 years, financial net present value(I=10%) is 126749.4 RMB thousand yuan.The sequence of every element's sensitivity to the net present value is invest base, annual cost and product price. When invest base and annual cost change in range of ±10%, the profit's probability is 81.62%.When invest base and annual cost change in range of ±20%,the profit's probability is 67.54%.The project's solvency is strong. Financial internal rate of return is above average. Investment pay back period is short. Financial net present value is large. So the profit ability and anti-risk capability is strong. Investment risk is small. The project is feasible completely.