wacc 中文意思是什麼

wacc 解釋
加權平均資本成本
  1. There is two things important on calculating eva. firstly it need to estimate the cost of the equity, then get the wacc ( weighted average cost of capital ) and the cost of the capital invested. secondly, some account items have to adjusted in which value created activities are distorted according to the general accounting principles to ensure the result can be demonstrated comprehensively

    計算eva ，需要估算權益的成本，並由此計算出加權平均資本成本，最終確定資本投入的成本，另外，現有的通用會計準則扭曲了大量的價值創造活動，因而在計算eva時，也需要根據企業實際，對經營結果有重要影響的會計科目進行調整，以確保最終的eva能夠全面反映企業的經營效果。
  2. Allowing for the effects of the adjustment of tax factor, the change of the capital structure, the liquidity risk and the dynamic variation of fund, the discount rate is calculated on the basis of the wacc model and is finally fixed

    受短期債務長期化、流動負債成本顯現化趨勢影響，在計算折現率時以wacc模型為基礎，考慮稅收因素調整、資本結構變化、流動性風險和資金動態變化帶來的影響，進行量化后確定整體折現率。
  3. The formula is : eva = nopat - wacc ( debt cost + cost of equity ) the theories foundation of the eva evaluation model is that the intrinsic value of a company equal to sum of the discounted future eva of the company and total investment of the company. eva is the company ' s surplus income

    用公式表示為： eva =稅后凈經營利潤加權平均資本成本（債務資本股權資本）經濟增加值（ eva ）價值模型的理論基礎是公司的內在價值等於公司未來的經濟增加值折現后再加上公司的投資總額。
  4. The results show that the financial leverage as the independent variable is significantly positively correlated with wacc in tele communication and computer line, i. e., it is significantly negatively correlated with market value of the firms

    第五章主要闡述了根據研究發現所得出的基本結論和相關結論。研究發現，目前我國電信與計算機行業上市公司的財務杠桿與加權資本成本顯著正相關。
  5. This is the main part of the thesis, the optimizing process of capital structure is classifies into three steps : the financing scheme is feasible or not ; effect of financial lever profit and financial risk ; the realization of the greatest value of enterprise and lowest wacc, which provide an effective analytical instrument for studying our country ' s enterprise capital structure

    這部分是本文的重點所在，通常，企業融資結構的優化分三個步驟，即融資方案是否有利、財務杠桿利益和財務風險的影響、實現企業價值最大化和wacc最低。這個優化分析的通用方法為研究我國企業融資結構問題提供了一個有效的實證分析工具。第四部分：企業融資結構的決定因素及股利政策對企業價值的影響。
  6. At the same time, we noticed that the iax was lower than the loan interest, and the wacc might go up if the investor could not satisfy the foreign % & jw r ffatghwfiffis govenunent loan condition, and the policy of the free trade zone where the project is located might easily affect the trade volume of the project

    如果項目順利實施且投產后能達到設計吞吐量，則對本項目的人民幣貸款將可以按照貸款回收期，到期收回。但同時應注意，本項目的內部收益率低於人民幣貸款利率；且保稅區政策變化也會對項目吞吐量產生重大影響。
  7. This thesis puts forward a valuation model to intangible assets valuation and offered a reference that can solve this problem this thesis adopts wacc combine capm model to confirm earning rate, uses ahp approach to confirm the weight, then confirm all kinds of intangible assets value according to their contribution in whole intangible assets, this approach is clear and easy to use

    本論文針對無形資產評估這樣一個系統工程提出了一個評估模型，為該問題的系統解決提供了一個可借鑒的參考。本論文採用wacc結合capm模型確定收益率，運用ahp法確定權重，根據各類無形資產在整體無形資產價值中貢獻的大小，確定各類無形資產價值大小，這種方法直觀明了、簡潔實用。
  8. Besides, the results show that short financial leverage is significantly positively correlated with wacc. but the long financial leverage is negatively correlated with wacc, it follows that the listed companies in tele communication and computer line should increase the long debt despite the decrease while they should downsize the overall debt

    另外短期財務杠桿與加權資本成本正相關，企業應適當降低短期債務融資，但是長期財務杠桿與公司資本成本負相關，說明上市公司應在降低債務融資規模時中應該提高長期債務融資的比例。
  9. After calculation, we got the result that the net present value ( npv ) was a positive number, the intemal rate of retum ( irr ) was higher than the weighted - average cost of capital ( wacc ), the investment payback period was l l. 7 years, the discoamed payback period was l 7. 2 years, the payback period of foreign govenunent loan was 7. l years, and the payback period of meb loan was 8. 2 years

    本調查報告的主要結論是：本項目交通條件良好，具備一定的市場條件，自然條件適宜建設2 5萬噸級碼頭，施工條件良好，項目的凈現值為正值，內部收益率高於加權平均資本成本，靜態投資回收期11 7年，動態投資回收期17
  10. Chapter 2 involves in difficulties to use dcf model in the valuation of the equity of non - listed companies. chapter 3 and 4 analyze two key problems mentioned above, viz. the measurement of wacc with the antitheses method in chapter 3, and based on the foreign research, chapter 4 gives the equation to determine the valuation discount for the lack of marketability of non - listed companies in china

    第三章和第四章是針對第二章中提出的兩個難點問題分別進行了討論，第三章討論了採用整體價值評估模式的貼現率，即wacc的估算，重點討論了利用對比公司估算我國非上市公司股票系統風險及股權資本成本的方法；第四章借鑒國外的研究成果對我國非上市公司股權的缺乏流動性折扣進行了討論，並提出了確定缺乏流動性折扣率的方法。
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