Author(s)

Hui Li ¹, Shiran Wang ¹, Fariza Hashim ¹

Affiliation(s)

¹ Management, SEGi University Malaysia, Kuala Lumpur, Malaysia

Corresponding Author

Hui Li

ABSTRACT

Since 2020, the Chinese Baijiu industry has been carrying out in-depth rectification, innovating on the original basis, and firmly moving forward on the road of steady development. According to the 2022 Work Report of Baijiu Branch of China Alcohol Industry Association, with the arrival of the emerging period, the development of Baijiu industry in China in the past five years is booming. In order to achieve the growth and development of enterprise scale, many enterprises have accelerated their own mergers and scale growth. And this rapid growth has led to the support and importance of a superior value evaluation method for the development and improvement of enterprises. Based on the characteristics of Baijiu industry, from the perspective of EVA model, this article will take Mingguang Liquor Industry as an example to explore the development status of Mingguang Liquor Industry Co., Ltd. EVA theory can be used to solve problems in enterprises and Give enterprise development suggestions.

KEYWORDS

Economic Value Added (EVA); Value Assessment; Valuation Model

CITE THIS PAPER

Hui Li, Shiran Wang, Fariza Hashim, Analysis of the Value of Guangming Liquor Industry from the Perspective of EVA. Accounting and Corporate Management (2023) Vol. 5: 111-114. DOI: http://dx.doi.org/10.23977/acccm.2023.051016.

REFERENCES

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[2] Li Juan. (2018) Analysis of the Advantages of Economic Value Added (EVA) in Enterprise Evaluation: Comparison with Free Cash Flow Analysis. Pay taxes, 6, 158-161.
[3] Gao Zhenyang, Yang Jinghai. (2018) Analysis of the Application of Market Method in Enterprise Value Evaluation. Modern commercial industry, 113-142.
[4] Wu Yuanyuan. (2018) Overview of Theoretical and Applied Research on EVA. Modern Economic Information, 19-21.
[5] Mo Lei, Su Mengwei. (2019) EVA performance evaluation mechanism, salary payment, and company value. Friends of Accounting, 18, 92-98.
[6] Zhao Xuekang. (2020) Empirical Study on the Effectiveness of Enterprise Performance Evaluation Based on EVA Perspective—Taking Small and Medium sized Board Enterprises as an Example. Business News, 31, 15-16.

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