An Analysis Report On The Equity Value In The Listed Reorganization Of MSY Company

With the emergence of a large number of high-tech enterprises in China,high-tech enterprises are playing an increasingly important role in China's economic development.The development of high-tech enterprises at the initial stage requires a lot of venture capital investment,and investors often have to The company's equity value is assessed.However,at present,the development of China's capital market is not perfect,and the enterprise equity valuation system has not yet matured,and the evaluation of the value of corporate equity still lacks the theoretical support applicable to China's capital market.Non-listed companies,due to their poor liquidity in equity,are unable to accurately calculate the value of the company's equity through the existing evaluation system.The research literature in the company during the listing and restructuring stage is very scarce.Therefore,non-listed companies in the mattress industry are particularly The company's research at the stage of listing and restructuring has certain theoretical and practical significance.Therefore,this article selects the evaluation of the equity value of the MSY company during the period of listing and restructuring as a case to explore the problems that need to be paid attention to and the countermeasures to be taken into account in the evaluation of the equity value of the companies during the listing and restructuring stage in China.Based on a detailed analysis of the company and the industry,this paper considers the applicability and inadequacy of various mainstream asset valuation methods,and finally selects the cash flow discount method and asset basis method of the equity method for MSY's equity value.Assessment.Through the comparison of the results of the two assessment methods,it was found that the income approach takes into account the potential value of the company's assets and can provide a more comprehensive and reliable consideration of the company's equity value.However,according to the analysis of the company's own strategy,finances,and industry conditions,the factors that affect the future development of the company cannot be fully taken into consideration,and the future earnings cannot be accurately predicted;the income method is doped with subjective judgment information in the assessment process.In determining the annual equity cash flow and discount rate,errors will occur,which will cause some interference with the assessment results.In order to solve this problem,this paper believes that when evaluating the equity value of other non-listed companies in the mattress industry,we must consider the company and market related information in a comprehensive and thoughtful manner,select suitable assessment methods,and add current domestic use in future assessments.Less real option method as an aid will greatly enhance the reliability of the equity valuation of non-listed companies,provide a reasonable basis for their equity financing,and have positive significance for the company's future good development.