基于价值创造的本量利分析模型的拓展

The Development of Cost-Volume-Profit Analysis Model Based on Value Creation

传统的本量利分析模型是基于经营利润,没有考虑资本成本。因此,利用它得到的保本点一定是损害股东财富,利用它得到的保利点并不能保证增加股东财富。遵从企业价值最大化的目标,根据本量利分析的原理,以经济增加值(EVA)作为函数得到的拓展模型,对企业的预测、决策和规划更有价值。

The traditional cost-volume-profit analysis model is based on the management profit, and it has not considered the cost of capital, therefore break-even point from it certainly would harms the shareholder wealth, Obtained guarantee profit state by it certainly cannot guarantee hacreases of the shareholder wealth. Complying with the goal of enterprise value maximization, we have developed the cost-volume-profit analysis model according to the cost-volume-profit analysis principle and the economic value added as the function. The new model will have more value to enterprise＇s forecasting.decision making and planning.