Research On Valuation Of Chinese Chip Company Unigroup Guoxin Microelectronics Co.,Ltd.

The importance of the chip to the development of the modern information industry is self-evident.Nowadays,all areas of social development cannot be decoupled from the chip.Today,with the acceleration of digital transformation,strong growth in the fields of network communications,industry,consumer electronics,and automobiles will promote the rapid development of semiconductor integrated circuits.The chip wave and the impact of the trade war have made my country’s chip market more active in recent years.How to accurately and scientifically evaluate the value of chip companies has become a hot issue that needs to be solved urgently.Based on the above background,this article selects Unigroup Guoxin Microelectronics Co.,Ltd.,a domestic chip company,as the object to conduct value evaluation research,and tries to build a universal chip company value evaluation model.The company’s business is mainly chip design and has a good ranking in the industry.With a certain degree of representativeness.It is planned to select the EVA method and the real option method,which are highly compatible with the value evaluation of high-tech enterprises,for analysis.In terms of EVA method model building,analyze the financial status of Unigroup Guoxin Microelectronics Co.,Ltd.,obtain relevant information through various database channels,calculate its historical after-tax net operating profit,total invested capital and weighted average capital cost and calculate its base period EVA value.At the same time,make reasonable predictions on future data,and calculate the overall value evaluation results after obtaining the predicted EVA value;in the real option method,the BS model is mainly used to calculate the potential value of the main project,and the Monte Carlo simulation method is introduced to assist in the calculation of the value evaluation results.To a certain extent increase the accuracy and scientificity of the results.Finally,it analyzes the value evaluation results,compares them with the market price on the evaluation base date,points out whether the valuation plan is accurate,and analyzes the main advantages and disadvantages.The methods and results of this research have certain reference value,which can be applied to the analysis and comparison of investors in selecting target companies.At the same time,it can provide value creation ideas for chip business operators,and strategic decision-making and management solutions related to improving corporate value.Formulate to provide reference.