价值评估在规划计划中的应用

Application of Value Evaluation in Planing

价值评估是国际上用于评价一个公司价值普遍采用的方法。规划计划中进行价值评估，首先对历史绩效进行分析，为今后预测提供依据；其次根据公司发展战略预测销售收入、成本、营运资本、投资资本支出等，编制损益表、资产负债表及现金流量表，计算加权平均资本成本；然后计算反映公司价值的主要指标：净现值和投资资本回报率，并计算相应的财务指标和主要经营指标；最后进行敏感性分析，通过关键因素在一定范围变化对公司价值的影响，明确影响价值最敏感的因素，分析各种因素可能变化的可能性，进而提出各项战略举措。

Evaluation is a method which measures the value of companies at home and abroad. Value evaluation conducted in planning is firstly to analyze the finance of history and to provide the foundation of forecast for in future and secondly to forecast the sell, cost working capital, investment capital etc.and to compile income sheets, balance sheets, cash flow sheets and to calculate WACC and the measuresment of NPV, ROIC and so on.Finally, sensibility analysis is made and various factors that can change are found and various strategic measures are offered.