Evaluation Of Enterprise Investment Value And Analysis Of Sensitive Factors Based On EVA

In recent years,with the rapid development of the Chinese economy,the demand for resources in various industries has been increasing day by day.As environmental policies become increasingly strict and efforts to achieve "carbon peaking" and "carbon neutrality" continue to advance and be implemented,the development of new energy has become an inevitable trend.Since the proposal of low-carbon development,a large amount of capital has poured into the new energy vehicle industry,leading to rapid industry expansion.China announced policies in April2020 that exempted purchase tax and provided purchase subsidies for new energy vehicles,while in January 2020,the European Union’s "European carbon emission new policy" was implemented,which has increased policy support for new energy vehicles around the world,driving demand.As the midstream power battery enterprises are a core component of new energy vehicles,their growth has been remarkable,with installed power battery capacity increasing from 93.4 GWh in2018 to 517.9 GWh in 2022.Accurate evaluation of the enterprise value of power battery companies can guide investors to make sound investment decisions and provide a basis for enterprises to formulate value enhancement strategies while helping managers to fully understand the path and driving factors of enterprise value creation.This article selects CATL(Contemporary Amperex Technology Ltd.)as the research object,and uses financial analysis to analyze the development status of the company.The commonly used valuation methods and the EVA valuation method were compared and analyzed for their applicability,and it was found that the EVA valuation method was more suitable for the case object.An evaluation model was established using the EVA valuation method,and the financial information of CATL from 2018 to 2022,along with macroeconomic development trends and industry characteristics,were taken into consideration to predict the company’s future financial data and obtain the results of value evaluation.The article also decomposes the value of CATL through the evaluation process of the EVA model,discovers key factors through sensitivity analysis,and identifies problems such as low profit margins,high market competition risk,unreasonable capital structure,and shortage of professional talent.Finally,the article provides relevant strategies for the company to enhance its value.