Study on the Financial Performance Evaluation Based on EVA Model of BYD Auto

Abstract

By analysing the financial data of it is found that BYD Auto, the traditional financial performance evaluation method may not be able to show the enterprise's operation status and value creation ability in a comprehensive way, based on which, the adopted economic value added (EVA) is as the evaluation index to make up for the shortcomings of method the traditional. The EVA theory is applied to the financial performance evaluation of BYD Auto, calculating the company's EVA and analysing its problems, making suggestions the future development of for BYD Auto, and further for providing certain the development of the automobile manufacturing industry reference and help.