Research On Value Evaluation Of Goldwind New Energy Enterprise Based On EVA

With the rapid development of global economy and manufacturing industry,the huge consumption of non-renewable energy has brought a series of serious problems,such as energy shortage and environmental pollution.These problems seriously restrict the development and survival of human beings.From the historical experience and lessons,the environment is the basis of economic development.Therefore,the rapid development of the new energy industry will effectively solve the above problems.In the field of new energy,wind power has the advantages of low-carbon,environmental protection and renewable.To vigorously develop wind power is also in line with the current development strategy of energy saving and emission reduction proposed by China.Golden Wind Technology,the case company selected in this paper,is one of the leading enterprises in the field of wind power equipment manufacturing in China.It has the most advanced technology in the field of wind power generation in the world.Goldwind ranks in the forefront of the industry.With the continuous progress and development of more than ten years,it has gradually become the leading enterprise in the industry market.The development of enterprises can not be separated from financing,so scientific and reasonable value evaluation of new energy enterprises is very important,which will greatly affect their development prospects.This paper uses the method of combining theoretical analysis with case analysis to study.Firstly,it analyses the current research situation of new energy enterprises value evaluation at home and abroad.Secondly,it combines the characteristics of new energy enterprises and makes theoretical research and applicability analysis of traditional evaluation methods.It is concluded that the economic value added(EVA)model method is more suitable for evaluating the value of new energy enterprises.Considering the cost of equity capital and debt capital,it is conducive to the company's performance evaluation,and the evaluation results are consistent with the enterprise's financial management objectives.irstly,the financial indicators and non-financial factors of Goldwind Enterprise are analyzed,accounting adjustments are made according to the characteristics of the new energy industry,and the applicable EVA evaluation model is determined through the analysis of the company's development.According to the existing formulas,the EVA of Goldwind Enterprise in the past five years and forecast is calculated,and its validity and practicability are verified.After that,the evaluation value is compared with the market value of the enterprise's benchmark day,and the results are analyzed.Finally,some suggestions for further improvement are put forward for the deficiencies of EVA method in practical application.