Based On REVA’s High And New Technology Enterprise Value Evaluation

Because our country the gem has just established recently, new and high technology enterprises in the gem also listed soon, is still in the high speed development stage, so different from traditional industries, high-tech enterprises have characteristics of high speed, high risk, high income. In assessing the enterprise value of these enterprises, the traditional evaluation methods will be hampered, become have limitations. So, choose a kind of evaluation method not only can accord with China’s national conditions, and can adapt to the new and high technology enterprise is characterized by a groundbreaking. This article through to the gem listed high-tech enterprise introduction, summarizes the development of hi-tech listed companies in China status and characteristics. Through the analysis of traditional evaluation methods and models, respectively discusses the value evaluation of hi-tech listed enterprises of limitations. In an example is used to proof section, select the representative high-tech listed companies national technology co., LTD. Into there are calculated. Combined with macro economic operation and business forecast, to the national technology co., LTD., over the next five years there are predictions, there are model stage model used in 2014 national technology co., LTD., enterprise value, and the results of the comparative analysis with the company’s market value, at the same time, using the EVA model to estimate the national technology co., LTD enterprise value, and compared with model do there, got there are applied in the applicability of the high and new technology enterprise value evaluation of listed companies, has made the analysis and the evaluation results of differences. Through case studies, this article there are model can be applied to the high and new technology enterprise value assessment, and there are high and new technology industry in our country has made the revelation of further development.