Studies On Economic Benefit Evaluation Of Hengan Group’s New Energy-saving Project

Hengan Radiator Group’s new project focusing on the research and development ofenergy-efficient closed-end industrial heat transfer equipment has the leading levelnationally，including the new closed cooling tower series and evaporative condensers series.On the basis of successful applications in electronics，foundry，food and other industries，Hengan Group explore further on complex media’s closed-styled heat exchange，steamturbine’s lacking steam heat exchange in power industries，the heat exchange of medium tobe pressed and so on to make it expand to a broader area to promote these industries’ energysaving and emission reduction.Directing at the specific circumstances of Hengan Radiator Group’s new energyefficiency projects，using relevant theories and methods of projects’ economic efficiencyevaluation domestic and overseas， this thesis conducts scientific measurement andverification on the basic financial data of the project benefits’ evaluation，demonstrates itsfinancing plans’ operational possibility and constructs Hengan Group’s new energy-savingproject’s economic evaluation index system and economic evaluation model. From a financialpoint of view，this thesis evaluates the project’s profitability and solvency indicators andanalyses its economic benefit from three aspects: project profitability，project financial netpresent value and payback period using5indexes: the financial internal rate of return，financial net present value，solvency，financial balance forecasts，balance predicting. Onthe basis of these evaluations and analyses of Hengan Group’s new energy-saving project，this thesis concludes that the project is profitable. And from the project’s breakeven analysisand sensitivity analysis，the paper shows the project’s ability to bear the investment risk isstrong and its economic benefits are reliable， supporting favorably on financial andinvestment decisions for the project reliably，effectively and scientifically.