基于经济增加值(EVA)方法的中国科创板市场内在价值研究

Research on the Intrinsic Value of China’s Science and Technology Innovation Board Market based on the Economic Value added(EVA)Method

以价值投资理论为基本理念,选用宁波容百新能源科技股份有限公司(容百科技)作为研究对象,通过经济增加值(EVA)方法评估容百科技的内在价值;研究结论表明容百科技股票被市场与投资者所高估,公司过高的应收账款与极不充足的经营性现金流为科创板市场中的投资者敲响警钟。

Based on the value investment theory as the basic concept,this paper used the economic value added(EVA)method to evaluatethe intrinsic value of Rongbai Technologythrough by selecting Ningbo Rongbai New Energy Technology Co.,Ltd.(Rongbai Technology)as the research object.The research conclusion showed that Rongbai Technology stocks were overvalued by the market and investors,and the company’s excessive accounts receivable and extremely inadequate operating cash flow had sounded the alarm for investors in the science and technology board market.