Research On Investment Value Evaluation Of Listed Intelligent Manufacturing Companies In China

With the development of my country's economy and technology,manufacturing costs increase,and the intelligent transformation of the manufacturing industry is imminent.Intelligent manufacturing greatly reduces labor costs through advanced technologies and processes,and provides new productivity for manufacturing enterprises.While smart manufacturing saves costs for enterprises,it is also the foundation of enterprise development,promoting the transformation of my country's manufacturing enterprises and the rise of a new generation of technology industries.This has undoubtedly become the asset allocation choice of many investors.However,because intelligent manufacturing is an emerging industry,its market standards are not sounnd,and various industries are still inadequate in research and development,so this also makes the development of intelligent manufacturing enterprises unsatisfactory.ln summary,it is particularly important to study the investment value of smart manufacturing listed companies and to help investors find listed companies with investment value.Based on the relevant theory of investment value of listed companies,this article takes intelligent manufacturing listed companies as the research object,defi nes the meaning of intelligent manufacturing and divides the industries in its related fields.This paper analyzes the development status of smart manufacturing listed companies in various fields,and analyzes the development status of smart manufacturing in my country from the macro,meso,and micro aspects,indicating that it has absolute investment value.This article starts from the micro factors to construct the evaluation index of listed companies in smart manufacturing,and adds non-financial indicators to the traditional financial index construction,so that the constructed indicators can more accurately reflect the characteristics of listed companies in smart manufacturing.The 165 companies in the"Top 100 Manufacturing"and"White Paper on the Development and Trends of China's Top 100 Intelligent Manufacturing"are combined with the database of industrial enterprises above the designated size in China,based on the"ten areas of intelligent manufacturing"and"the use of advanced technologies such as artificial intelligence."According to this condition,the data of 62 intelligent manufacturing listed companies in Shanghai and Shenzhen were screened out in 2018,and the factor analysis method was used to rank the investment value comprehensive score calculation and compared with its net assets per share.The comparison between the ranking results and the net assets per share directly reflects the company's investment value.Based on the factor analysis results,the free cash flow discounted value model is used to estimate the value of the listed company worth investing in the factor analysis results.While verifying the accuracy of the factor analysis results,the selection range is narrowed and the selection criteria are refined.Investors are given appropriate judgment methods when analyzing and making decisions to avoid risks and increase returns.