A Study On Financial Performance Evaluation Of Triangle Tire Based On EVA Under The Background Of The Conversion Of Old Economic Growth Drivers To New Ones

Faced with the development trend and pressure of the new normal state of the national economy,Shandong Province puts forward the overall goal of the conversion of old economic growth drivers to new ones,makes full use of the new technologies and models brought about by the latest scientific and technological revolution,cooperate with the emergence of new industries and new industries,discover and upgrade various new driving forces to promote economic development,and transform the traditional mode of social and economic development oriented by resources and government,so as to achieve sound and rapid economic development.The tire manufacturing industry is an important area of the old economic growth drivers which needs to be innovated urgently.The transformation and upgrading of enterprises is not only the transformation of brand,technology and momentum,but also the innovation of management thinking and management methods.The traditional methods and methods of enterprise financial performance evaluation are increasingly inadequate to meet the new requirements of economic development.On the premise of the application of EVA theory to the study of financial performance evaluation system of listed companies,this paper takes Triangle Tyre Company as an example to analyze the financial performance pressure faced by Chinese tire manufacturing enterprises under the background of old economic growth drivers to new ones,and to analyze the existing problems,so as to seek the direction of solving the problems.This paper summarizes the research results of EVA theory at home and abroad,analyses its position and role in enterprise financial performance analysis,calculates and compares the traditional financial indicators and economic value-added indicators of triangular tires since listing,evaluates the financial performance of triangular tires according to EVA indicators,and explores the actual enterprise situation reflected by triangular tire financial data from the results,and finds out the hidden financial indicators.Problems in the process of operation and investment behind the data;Through the data analysis of economic value-added indicators,under the specific policy requirements of the conversion of old economic growth drivers to new ones in Shandong Province,combined with the management level of triangle tire managers,according to the problems in the current operation of enterprises,the methods and directions for solving and improving the operation are explored,and at the same time,the management of triangle tires is improved by appropriate adjustment strategies.Efficiency,promote the steady and healthy development of its international operation;while providing solutions for triangular tires,it also provides reference for other tire manufacturing enterprises,especially listed tire companies.