Research On The Value Evaluation Of The Listed Company In The National Equities Exchange And Quotations

The NEEQ is specifically for private high technology enterprise. It is a trading platform for the transfer of shares and private financing, and it is a part of the multi-layer capital market system in China. With the increasing number of Listed Companies, the role of the stock transfer system has become increasingly active. Trading and Investment activities are increasing. To listed company, the value evaluation is not only one of the necessary procedures to carry out a number of economic activities, but also the value management for the role of the listed company gradually revealed. However, many listed company are small and medium enterprises, which has a great difference with traditional companies To explore the application of the system of listed company value assessment method for listed company and investors are of great significance.There are the literature review and theoretical research after consulting a lot of documents, and then combined the characteristics of the share transfer system of listed companies, advantages, disadvantages and applicability of the analysis of the existing evaluation methods, and point out that the traditional valuation methods can only provide a valuation, which provide a reference for investment analysis and merger and acquisition pricing, but cannot effectively meet the listed company value management. Therefore, proposed construction of value evaluation index system for NEEQ, which includes both financial indicators and non-financial indicators. Get the scores level in the industry by the multi hierarchical grey evaluation method, so as to provide reference for the value management. So advocate using different methods according to the different purpose of value evaluation. That is for investment and merger and acquisition pricing and other economic activities using the traditional valuation methods, for value management using value evaluation index system and method. Finally, the method is applied to the specific case, and the method is verified, which provides reference for practice.