Research on the Evaluation of Financial Performance of Supor Based on EVA Perspective

Abstract

After the introduction of EVA into China, SASAC found that EVA is very effective in the evaluation of enterprise financial performance, so it began to implement the EVA financial performance evaluation method to domestic enterprises. Among the enterprises adopting EVA for financial performance evaluation, central enterprises account for a relatively large proportion, while most other enterprises still use traditional financial indicators for financial performance evaluation. As the traditional method no longer meets the requirements of social development, the problems of adopting the traditional financial performance evaluation method gradually appear, so enterprises need to change the financial performance evaluation method. The use of EVA can effectively evaluate the financial performance of enterprises, and lay a good foundation for improving the financial performance of enterprises. The home appliance industry is closely related to people's lives, Supor as a small home appliance in the leader, the use of traditional financial analysis has certain limitations, a large number of use of simple financial data and excessive reliance on the evaluation indicators, the analysis process is too simple to meet the needs of the decision-making process, so the introduction of the EVA method of financial performance evaluation is particularly important. This paper takes Supor as the research object, analyses Supor's financial performance according to traditional financial indicators, and finds that the results obtained from traditional financial performance evaluation are not accurate enough, so it calculates the value of each index of EVA, and compares and analyses the EVA and traditional financial indicators, and discovers the problems of Supor and puts forward suggestions for improvement.