Research On M&A Performance Of S Company Based On EVA

In recent years,the rapid development of the Internet has brought opportunities and challenges to Chinese enterprises.Many enterprises have begun to transform based on the needs of their own businesses.In the process of transformation,they are generally carried out in the form of shareholdings and mergers and acquisitions.These two methods are the simplest.The fastest.As a result,many Internet retailers are adjusting their strategies,merging and restructuring to drive business models to innovate.The ultimate goal of M&A is to obtain excess returns and achieve synergies to achieve value-added and improve performance.The objective and accurate evaluation of the effect of corporate mergers and acquisitions will also provide a basis for the company's management decisions,providing experience and reference for other companies to conduct mergers and acquisitions.As a traditional retail enterprise in China,S Company has also been greatly affected by the Internet.In the face of increasingly fierce market competition,S Company decided to proceed from its own,transform and seek survival and development.S company's transition to Internet companies was earlier and more successful,and it formed its own unique business model,with many valuable experiences for reference.Therefore,this paper attempts to use the relevant theories of EVA method,based on the actual situation of specific cases,using a scientific and reasonable performance evaluation system to study the performance of S company after mergers and acquisitions,and analyze the impact of mergers and acquisitions.This paper selects the case of the more influential S company to acquire H company in the M&A activity.Based on the EVA performance evaluation system,it analyzes the M&A performance of selected cases by referring to relevant domestic and foreign literature.Firstly,this paper systematically sortsout the relevant theories of M&A,and discusses the M&A performance and EVA research method in detail.Secondly,it introduces the case of S company's acquisition of H company and summarizes the three motivations of M&A;again,according to the adjustment of EVA The items are adjusted,then the EVA value is calculated,and the value-driven indicators and core evaluation indicators are used to evaluate the M&A performance.Finally,relevant recommendations are given.Through the above research,the following two conclusions are drawn: First,the merger is of great significance to the strategic layout of S company.The two sides have achieved synergy after integration;the second is to study the M&A performance based on EVA,which can accurately evaluate the M&A transaction.The impact of business performance.