The Research On Asset Valuation In Ningbo Automobile Acquisition Of Lawns

Since the reform and opening up,China's modern enterprise system has gradually improved,the capital market has flourished,and property rights trading activities are on the rise.In accordance with the requirements of the company law,companies must carry out the process of asset evaluation when conducting mergers and acquisitions.Mergers and acquisitions usually mean the exchange of high-quality or short-sighted assets between companies.After the listed companies obtain the original assets,they will support their strategic layout and achieve better development.Higher valuations(rates)are common phenomena,and many companies directly use the assessment results as transaction prices.Therefore,it is very important to correctly understand the value-added(rate)of valuations in mergers and acquisitions.First of all,it analyzes the background of mergers and acquisitions and restructuring of listed companies,puts forward the significance of research,and elaborates relevant theories of asset evaluation.On the basis of summarizing and summarizing,the basic descriptive statistics of the results of the evaluation of the company's value under the six factors of different industries,the interests of the transaction parties,the status of the commissioning party,the choice of different assessment methods,the financial status and the value type,etc.Then,combined with the case of Ningbo Automobile's acquisition of Lawnes,the process and results of the assessment were thoroughly analyzed.The differences between the book value of assets and the valuation value under the cost method,the difference between the valuation method under the cost method and the income method,and the difference between the valuation value and the transaction price are compared.Finally,the valuation risk in this case was analyzed.Comparing with the comparable company's trading results,it was found that the company's corporate value was not overestimated,which explained the reasons for the assessment of the value added(rate):Assets and liabilities in the balance sheet are measured at historical cost,under the cost method The value is the sum of the fair value of the assets in the balance sheet.The valuation under the income method is the fair value of the company's overall assets,which reasonably reflects the market value of the company and provides a reference for transaction pricing.In the two years after the completion of the acquisition,Lawnes's performance has met the standards in the profit forecast and compensation agreement,which shows that the risk of the valuation is low,and put forward recommendations on the assessment of the merger and reorganization of listed companies.