Study On The Value Evaluation Of The New Energy Enterprise A

In recent years,with the rapid growth of the global economy,demand for energy is growing rapidly,but the traditional energy sources have been continuously cut without regeneration.Under the dual pressure of environmental protection and economy,the development of China's new energy industry has been paid more attention.In 2014,the Action Plan of energy development strategy was introduced by the nation,which provide policy support for the new energy industry.The energy planning objectives of Twelfth Five-Year Plan and Thirteen five-year plan was linked by the Action Plan.With the policy bias and the gradual normalization of market,new energy listed companies have begun to reflect its intrinsic value.Based on the needs of managers and investors,assessing the value of new energy listed companies is becoming increasingly important.In view of this,this paper is to select A new energy enterprises as the research object,select the suitable value evaluation method for A enterprise,realize the true reflection of A enterprise intrinsic value.The main contents of the paper are as follows: Firstly,the status of research enterprise valuation theory and methods are briefly outlined,on this basis,the enterprise value evaluation theory and several mainstream enterprise valuation methods have been described,including the evaluation method that based on the asset value,discounted cash flow method,the method of relative value,option valuation method and Economic Value Added.Thereafter,the current situation of the new energy industry is analyzed and elaborated,and then the operations and prospects for the development of A is combined with its characteristics of the various methods described above to assess the applicability of analysis.Then we come to conclusion that the assessment of new energy enterprises A is more reasonable value with economic added value method and option valuation method,and then build the model combination of economic value added and option valuation method.That is,using the Economic Value Added Value to assess the profitability of existing of A enterprises and to assess the future profitability of the enterprise value of A by using the Option Valuation Method for evaluation.Finally,the model was evaluated according to the evaluation results of the analysis concluded.Through the valuation of the corporation A which is one of the typical new energy companies,new energy enterprise managers and investors can be provided a source of information.At the same time,through the valuation of the market to find underestimated enterprises,investment behavior for investors to provide a decision-making ideas and basis.This paper provides a reference for mergers and acquisitions,investment decisions and other decisions of market behavior decision-making.,which has great significance for standardization of China's securities market,the timely avoidance of investment risks and the realization of reasonable investment and so on.