Research On Value Evaluation Of High And New Technology Enterprises Based On EVA

Technology is the first driving force of production and the booster of the country's future development.The rapid development of these high-tech industries,such as cloud computing,Internet of things,artificial intelligence,5G communication and so on,has brought a convenient life to people,promoted the efficiency of people's work,and enriched the life of people's culture and entertainment.Under this background,high and new technology enterprises have received extensive attention.Accordingly,the evaluation of high and new technology enterprises has also become a popular research direction.Accurate evaluation of the value of high-tech enterprises is of great significance to the enterprise's own development and investors' investment decision making.This paper mainly explores and studies the value assessment model of EVA high-tech enterprises based on the combination of theoretical explanation and case analysis.In theory aspect,this paper first analyzes the characteristics of high and new technology enterprises,expounds the applicability and limitations of traditional evaluation methods to the value evaluation of high-tech enterprises,and leads to the value evaluation model of EVA high and new technology enterprises.The advantage of EVA as an evaluation index lies in the following: first,it takes all the capital costs of the enterprise into consideration,so that the ability of the enterprise to create value can be truly reflected.Secondly,EVA can be adjusted according to the characteristics of high and new technology enterprises.The adjustment of accounting enables EVA to highlight the characteristics of the enterprise and reduce the adverse effects of accounting distortion on the evaluation.The EVA evaluation model of high-tech enterprises shows unique advantages.At the end of the paper,the advantages and limitations of EVA valuation model are summarized.Through the comprehensive analysis of advantages and disadvantages,this paper believes that the model has good prospects for development in the future,and it can be perfected in continuous practice and development.