苏州金螳螂建筑装饰股份有限公司价值评估研究

发布时间：2018-03-26 07:36

本文选题：金螳螂　切入点：价值评估　出处：《复旦大学》2013年硕士论文

【摘要】：在经济全球化以及经济金融一体化发展的今天,面对日趋激烈的市场竞争,企业价值最大化已逐步成为企业经营的战略目标。企业的价值是其未来现金流量的现值,是企业获利能力与企业核心能力的指示器,是企业相关者的利益体现。而企业价值评估是进行企业价值管理,实现企业价值增长的基础。伴随经济全球化与经济一体化进程的深入,我国将成为国际资本进驻的重要市场之一,无论是我国企业“走出去”,还是国际资本“引进来”,都需要合理、科学地评估企业价值,从而实现交易的公平公正。正是基于这种现实的需要,本文通过对价值评估理论及方法的初步探究,同时通过不同的价值评估方法对具体案例企业进行价值评估分析,探索适合我国上市公司价值评估的思路和方法,希望能为投资者提供有益的参考和借鉴,同时也为我国企业价值评估的实际操作提供可参考的案例操作流程。而本文主要是针对苏州金螳螂建筑装饰股份有限公司(以下简称金螳螂或金螳螂公司)进行价值评估,希望评估结果对金螳螂公司的内、外决策和未来的价值发展战略有所裨益。内部管理者可以根据评估结果制定公司发展战略,使企业价值达到最大化；外部投资者可以根据评估结果做出科学合理的投资决策,为相关投资者提供重要参考。此外,笔者也希望本文对金螳螂的案例研究,能对我国评估行业的发展起到一定的推动作用。
[Abstract]:With the development of economic globalization and economic and financial integration, in the face of increasingly fierce market competition, the maximization of enterprise value has gradually become the strategic goal of enterprise management. The value of enterprise is the present value of its future cash flow. It is the indicator of the profitability and core competence of the enterprise, and the embodiment of the interests of the relevant persons of the enterprise. And the enterprise value evaluation is to carry on the enterprise value management, With the development of economic globalization and economic integration, China will become one of the important markets for international capital. Whether the Chinese enterprises "go out" or the international capital "bring in", it is necessary to evaluate the value of the enterprises reasonably and scientifically, so as to realize the fairness and justice of the transaction. Just because of this kind of realistic need, this article through to the value appraisal theory and the method preliminary exploration, simultaneously through the different value appraisal method carries on the value appraisal analysis to the concrete case enterprise. This paper explores the ideas and methods suitable for the valuation of listed companies in China in the hope of providing useful reference for investors and case operation flow for the actual operation of value assessment of enterprises in China. This article is mainly aimed at Suzhou Golden Mantis Architectural Decoration Co., Ltd. (hereinafter referred to as Golden Mantis or Golden Mantis Company) to carry out value evaluation, hoping that the evaluation results will be relevant to the Golden Mantis Company. External decision and future value development strategy are beneficial. Internal managers can make the company development strategy according to the evaluation results to maximize the value of the enterprise; external investors can make scientific and reasonable investment decisions based on the evaluation results. In addition, the author also hopes that the case study of Golden Mantis can promote the development of the evaluation industry in China.
【学位授予单位】：复旦大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F406.7;F426.92

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