Research On The Evaluation Of Hengtong Optic-electric Enterprise

With the continuous improvement and development of the global capitalist market,the theory of enterprise value assessment and its application have become the focus of scholars and experts in the field of financial theory.Whether it is for investors,managers or regulators,it is very important to fully understand the meaning and connotation of corporate value,to find important factors that affect corporate value,and to find ways to increase eorporate value.Especially nowadays,investors are less and less motivated to invest.Investors have a certain understanding of the characteristics and advantages of enterprises,business models and financial situation,core competitiveness,etc.Assess,and then make subsequent decisions.In addition,the number of mergers and acquisitions in the cable industry has increased dramatically in recent years,and the task of value assessment for companies in the industry has become more urgent.This paper studies the Hengtong Optoelectronics enterprise value evaluation program,which helps to promote the value evaluation method of the enterprise to the same industry enterprises,so that investors,managers and stakeholders can have a better understanding and grasp of the enterprise,and do the relevant choices will prompt the company to develop better.This paper first briefly introduces the research background and significance,clarifies the necessity and research purpose of the research content,then summarizes the related concepts and theories of enterprise value assessment,and reviews and corments on the literatures of scholars at home and abroad.The research provides certain theoretical support,combines the characteristics of Hengtong Optoelectronics to select a two-stage free cash flow method for detailed analysis,analyzes the logical mechanism of non-financial indicators,quantifies non-financial factors,and applies free cash flow that introduces non-financial indicators.The study found that the impact of Hengtong Optoelectrouics’ non-financial indicators on corporate value cannot be underestimated.This approach provides investors with an alternative to corporate value.At the end of the paper,consider the research prospects from the improvement of the evaluation method and the non-financial evaluation index system.