本科生毕业论文《EVA评价指标体系的应用研究—以武汉钢铁公司为例》.docVIP

河南财经学院成功学院本科生毕业论文（设计） EVA评价指标体系的应用研究 —以武汉钢铁公司为例 院系名称 管理学系 姓　　名 学　　号 专　　业 财务管理 指导教师 2010年月日从2010年起，国资委将在中央企业全面推行经济增加值（EVA）考核。此前中央企业的业绩考核体系主要以财务指标为主，而财务指标又以利润等绝对量指标为主，容易造成企业盲目扩大投资、追求规模而忽视质量。EVA是一种新型的公司业绩衡量指标，它克服了传统会计利润指标的缺陷，较好地体现了“公司价值最大化”的理财目标。经济增加值是指从税后净营业利润中扣除包括股权和债务的全部投入资本成本后的剩余收入，是对真正利润的评价。其核心为资本投入是有成本的，企业的盈利只有高于其资本成本时才有意义文通过研究和改进的业绩评价体系，并将运用于，进而到提升公司价值的思路和方法，对于来说具有极大的现实意义。Abstract The economic value added (EVA) evaluation will be fully implemented in the central business from the SAC in 2010. Prior to the central business performance evaluation system based mainly on financial indicators, while the financial index profits absolute indicators are easy to create blind expansion of investment, the pursuit of the scale of the neglect of quality. EVA is a new measure of corporate performance, which overcomes the shortcomings of traditional accounting profit targets, reflected the financial goals maximizing the value of the company better. Economic value added is the net operating profits from after-tax deductions, including equity and debt investment capital costs of all the remaining income is the evaluation of the real profits. The core is the cost of capital investment, corporate earnings is only meaningful when more than its cost of capital. This paper will study and improve business performance evaluation system, and EVA evaluation system used in the actual business - Wuhan Iron and Steel Company, calculation and analysis of its financial data indicators Demonstrate the superiority of EVA, to enhance corporate value and then get ideas and methods, for the central enterprises of great theoretical and practical significance. Keywords: performance evaluation, EVA, Wuhan Iron and Steel Company 目 录 1 引言 5 1.1 研究背景及意义 5 1.2 文献综述 6 1.3 研究意义 6 2 EVA的内涵及计算方法 7 2.1 EVA的内涵 7 2.2 EVA的计算方法 7 2.2.1税后净营业利润 8 2.2.2资本总额 8 2.2.3加权平均资本成本 8 3 案例分析 10 3.1 武钢集团简介 10 3.1.1武钢集团基本情况介绍 10 3.1.2经营状况分析 11 3.2武钢集团EVA核心指标计算 11 3.2.1武钢集团2008年存贷款年利率 1