基于生命周期理论核电上市企业价值评估——以中国核工业4家上市公司为例

Value Evaluation of Nuclear Power Listed Companies Based on Life Cycle Theory——A Case Study of 4 Listed Companies in China National Nuclear Corporation

本文主要基于企业价值评估的收益法、灰色预测法与产品生命周期理论,以企业主营业业务收人为原始值,构建核电关联企业上市公司企业价值评估模型,对中国核工业4家上市公司价值进行评估。根据中国核工业4家上市公司在wind数据库、同花顺财经官网公布的2013-2017年主营业业务进行实例研究,结果表明:该方法能够有效预测核电关联企业上市公司产品未来5年处于产品生命周期中的成长期、成熟期、稳定期、衰退期的相关情况,并评估相关企业价值,为企业发展规划的研究制定提供参考。

Based mainly on the income method of enterprise value assessment,the grey forecasting method andproduct life cycle theory,an enterprise value evaluation model was established by taking the main business in-come of listed companies of nuclear power affiliated enterprises as the original value.A case study was conductedaccording to the Chinese nuclear industry listed company in the wind database and the 2013-2017 output indica-tors published by the Flushing Financial website officially.The results show that the method can effectively pre-dict the stage of the life cycle of related products of nuclear power listed companies in the next five years,andthe value of the enterprise.The assessment provides a certain reference for the research and formulation of en-terprise development planning.