The Research On The Financial Analysis Index System Based On The Enterprise Value

With the prevailing of value management and the evolution of enterprisefinancial management object, the limitations of the existing financial analysis indexsystem are more and more apparent. In order to accommodate the demand of theenterprise financial analysis under the new condition and further improve the existingtheory, establishing a set of new index system which can reflect the information ofenterprise value and the ability of creation value is imperative.This paper firstly defines the enterprise value, then describes it’s determinantsand formation mechanism on the basis of reading related literature home and abroad.This part is the theoretical basis of the paper; Secondly, according to certain principle,this paper established the index system in four dimensions. The four dimensions are:the basic guarantee of creating enterprise value, the sustainable growth of enterprisevalue, the risks of achieving enterprise value and the benefits of creating enterprisevalue. Then, this paper introduces the method of determining weights: factor analysis;In the end, taking the home appliance enterprises as examples, this paper elaborate indetail how to use the new index system, meanwhile, briefly analyse the result andpoints out that the new index system can reflect the problems existing in enterpriseand have certain practical value. Also, the paper gives suggestions about how topromotion enterprise value, and points out the shortage of the paper and the outlookfor future research.