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Case Study On M&A Valuation On China Film By Dalian Huachen Cineplex Company

Posted on:2019-08-06Degree:MasterType:Thesis
Country:ChinaCandidate:Q Y WangFull Text:PDF
GTID:2405330545464876Subject:Accounting
Abstract/Summary:PDF Full Text Request
Driven by the strategic transformation of cultural industry,China has stepped up the pace of film industrialization reform.The competition in the Chinese film market is becoming increasingly fierce.In order to make the most of the market share,the merger and acquisition integration mode of the company is highly sought after by the enterprises.China film co.,LTD.,m&a dalian Huachen.High valuation becomes the commonality of buying film and television assets.It is hard to predict whether the film market has performed less well than expected this year.Whether the acquisition can achieve the desired benefit.The valuation risk assumed by China film shares is very high.This research mainly adopts the method of case study to research the valuation of China film shares in dalian Huachen.First,the basic situation and merger process of m&a are understood.Secondly,the valuation problems in the m&a process are analyzed according to the m&a valuation and other relevant theories,and the causes of the problems are analyzed.Finally,draw conclusions and enlightenment.The first part is the introduction.It expounds the background and problems of this research,the purpose and significance of the research,the research ideas and methods,and the research content and structure.The second part introduces the basic situation of merger and acquisition,the merger process and the description of the case.The third part is based on the theory of m&a valuation,information transfer theory and the actual financial information of the enterprise.It analyzes the methods of valuation method,valuation client,management decision of merger and acquisition,integration of business risk.It is found that the value evaluation of dalian Huachen is full of uncertainty.Due to the diversity of information asymmetry and valuation methods,the results are prone to deviation.At the same time,the subjective factors of Chinese film shares will also affect the value evaluation results of dalian Huachen.The fourth part draws the conclusion and puts forward the case revelation.According to this research,it is hoped that the reasonable method should be taken into consideration in the future m&a valuation of the film and television industry,and the risk fluctuation and other factors should be taken into consideration.The merger and acquisition party should strengthen the efficient operation of integration and improve the management structure.The government should strengthen supervision over the risk of merger and acquisition of film and television industry.It also hopes to provide some reference value for the similar enterprises in the future.
Keywords/Search Tags:Mergers and acquisitions, M&A valuation, Merger integratio, Financial risk
PDF Full Text Request
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