A Study On Financial Evaluation Of Foshan Platen Washing Machine Base Project Of HR Group

In recent years, with the rapid development of the national economy, the level of consumer income has gradually increased. The platen washing machine, as the main model of washing machine market, has become a trend of the modern family to buy a washing machine, especially in economically developed Southern China, the sales of the platen washing machine has increased significantly. However, Southern China is far from the HR Group’s existing platen washing machine base, resulting in the increase of transportation costs, also the price is expensive. In order to increase the competitiveness of their products, and better meet the local needs, constructing platen washing base in South China is necessary.Foshan platen washing machine base project construction has the characteristics of one-time investment, big investment, and long period of recovery, leading to the high risk of project construction; therefore, it is necessary to make reasonable financial evaluation of project constriction. From this, we can predict or even eliminate the financial losses caused by investment mistakes, reducing corporate profits and cash flow volatility. This paper is just based on this background, by analyzing the financial characteristics of Foshan platen washing machine base construction project, mainly from project profitability and uncertainty analysis to analysis the financial viability of the project, to provide decision support for investors and the government.This paper is divided into six chapters. The first chapter introduces the background and significance of the research, and combines with the financial evaluation development history in domestic and national, financial evaluation applications as well as the system and method of financial evaluation, summering the lack of previous research, and obtain the content and method of this paper. The second chapter discusses the related theoretical basis, including financial evaluation of the basic principles, methods, steps and index system, as well as the theories and methods of uncertainty analysis. The third chapter detail analysis the background and necessity of the HR Group Foshan platen washing machine base. Also through the market analysis of the project, demonstrate the market feasibility. The fourth chapter studies on the investment estimate and the sources of fund, contains the project design capacity and the main technical and economic indicators, the range, base and content of investment estimate, capital investment plant and so on. On the basis of the fourth chapter, the fifth chapter from two aspects of project profitability and uncertainty analysis to research the financial evaluation of HR Group Foshan platen washing machine base. Then following the financial evaluation, the paper analysis the may risk of technical, market, operational and management, and gives the corresponding preventive measures. At the last of the paper, gives the research results, describes the theoretical value and practical value of this study, and then points out the lack of this paper and the further research direction.