EVA视角下高新技术企业生命周期财务决策研究

Enterprises could adopt different financial strategies in the different stages of the life cycle. EVA could reflect the enterprise's ability to create value and evaluate the profitability of enterprises as a comprehensive evaluation index. EVA is of great value to the enterprise financial management. This paper takes Hubei Hua Gong Tech Company Limited (H company for short) as a case. Sales revenue growth rate is the basis for the division of the life cycle. This paper analyzes the influence of the change of EVA value in different periods on the financial strategy of new high-tech enterprises, and provides a model for the application of EVA in the financial management of high-tech enterprises.