(1) Static income present value method
Revaluation value of enterprise or assets = press The present value of the annual income of an enterprise or assets calculated statically/the social benchmark rate of return
The present value of the annual income of an enterprise or assets statically calculated = the expected income within the period of time and/expected number of years
(2) Dynamic income present value method
Revaluation value of enterprise or assets =The present value of annual income of an enterprise (or assets) calculated dynamically/social benchmark rate of return
=The present value of annual income of an enterprise (or assets) calculated dynamically /(Time deposit interest rate or long-term treasury bill interest rate + industry risk interest rate
The dynamically calculated present value of annual income of an enterprise or asset = [∑(Enterprise or asset each year Income amount p style="text-indent:2em">Depreciation calculated by weight value = tangible loss + functional depreciation + economic depreciation of the asset
(1) The main methods for calculating weight value are:
A. Direct calculation
Asset weight value = Direct cost + indirect cost
B. Index adjustment method
The weight value of a certain type of fixed assets = the Book value of a certain type of asset in a certain period × Adjustment coefficient of a certain type of asset in a certain period
Adjustment coefficient of a certain type of asset in a certain period = Assessment annual price index of this type of asset/Acquisition of this type of asset Annual price index
C. Functional evaluation method
The weight value of a certain asset = (current standard asset Present value/current production capacity of standard assets)×evaluationEstimating the production capacity of an asset
The present value of an asset = the weight value of an asset × [still Useful years/(used years + remaining useful years)]
(2) Calculation of depreciation
Calculation of tangible loss
A. Ratio method
Tangible loss = assessed asset value ×(Useful life/Estimated useful life)
B. Useful life method
Assessing tangible assets Loss = asset weight value × [used years/(used years + remaining useful years)]
Functional depreciation
Functional depreciation = annual cost savings from using a certain equipment × (1-income tax rate) × overall present value coefficient
Economic depreciation
Economic depreciation=[1-(existing production capacity/original production capacity)]×assessed asset value
2. Current market price method
(1) Market price depreciation method
Asset heavy Valuation value = Current market price of new assets - Accrued depreciation
= Current market price of new assets - [(Market price of new assets - Estimated net residual value)/General useful life] × Evaluate the useful life of assets
(2) Market price analogy method
Asset revaluation value={New Market price of the reference asset - [(Market price of the new reference asset - Estimated net residual value)/General useful life] × Useful life of the assessed asset}} × Adjustment coefficient
3. Factor comprehensive evaluation method
Value of a certain fixed asset={(Asset value + major repair costs - residual value) × [1 + (annual average price increase index - annual intangible loss coefficient) × asset’s useful life]} / asset’s useful life + asset’s remaining useful life × remaining useful life
4. Foreign exchange conversion method
Asset revaluation value = (original value of asset - accrued depreciation )×(exchange rate in the month of evaluation/exchange rate when acquiring the asset)
5. Price index adjustment method
Asset revaluation value = original cost of asset Change index)-accumulated depreciation amount based on the useful life calculated at replacement cost]×(1+-adjustment factor)
Used amount calculated based on replacement cost The accumulated depreciation amount over the life of the asset = the revalued cost of the asset × (used years/specified useful life)
6. Valuation of monetary funds and securities
p>The present value of notes receivable and marketable securities = face amount × [1 + coupon rate × (number of days from issue date to maturity date/360 days)]
7. Appraisal value of goodwill
(1) Cut method
Goodwill appraisal value = overall asset value - sum of the appraisal values of individual assets (including identifiable intangible assets)
(2) Excess income principalization method
Goodwill appraisal value = sum of the appraisal values of individual assets × (the rate of return on capital of the enterprise being appraised - the average rate of return on assets in the industry)/industry Average return on capital
Material value evaluation
A. Recently purchased materials
Material appraisal value = book value of materials and supplies
B. Current market price appraisal method
Material evaluation value = actual quantity × current market price
C. Purchase materials separately in different periods
Material appraisal value = material book value × (price index on the date of appraisal/price index at the time of acquisition)
D. Imported material appraisal
Material appraisal value = material book value × (exchange rate on the appraisal date/exchange rate when the asset is acquired)
E. Appraisal value of overstocked and overstocked materials = book value of overstocked and overstocked materials × (1-adjustment coefficient)
8. Evaluation of low-value consumables
(1) Evaluation of low-value consumables in inventory
Evaluated value of low-value consumables = book value ×(price index on the date of asset valuation/price index at the time of asset acquisition)
(2) Evaluation of low-value consumables in use
Evaluation of low-value consumables in use = current market value × newness rate
Newness rate = [1-(Actually used Month/estimated usable month)]×100%
=(Net book value of low-value consumables/Original book value of low-value consumables)×100%
9. Work-in-progress evaluation
Work-in-progress evaluation value = work-in-progress quantity × completion level × unit standard Cost
Completion degree of work in progress = (accumulated working hours quota per unit work in progress/working hours quota per unit product) × 100%
10. Finished product evaluation
(1) For asset evaluation without changes in property rights, the calculation formula is:
Evaluated value of a certain finished product = [(reasonable process consumption quota × current unit price of materials) + (reasonable working hours quota × reasonable wage and expense rate per unit hour))]×Quantity of finished goods
(2) Asset valuation for the transfer of finished goods, the calculation formula is:
Evaluated value of finished products = quantity of finished products × (current market price of similar finished products - taxes and fees per unit product) × (1+ - adjustment coefficient)
11 . Machinery and equipment evaluation
(1) Machinery and equipment with current market prices can be calculated and determined according to the current market price, minus the accumulated depreciation calculated at the current price. evaluation. The calculation formula is:
Evaluated value of machinery and equipment = Current price of the equipment - (Current price of the equipment - Estimated net residual value) × Used years
=The current price of the equipment × newness rate × (1+-adjustment coefficient)(2) There is no market For machinery and equipment at current prices, the replacement cost method can be used, and appropriate adjustment factors should also be considered to evaluate the present value of the equipment. The calculation formula is:
Complete replacement value of machinery and equipment = original book price of the equipment × (assessment monthly price index/price at the time of purchase) - full replacement value Calculate accumulated depreciation × (1+-adjustment coefficient)
Calculate accumulated depreciation based on full replacement value = [(equipment full replacement value - estimated net salvage value)/ Estimated service life]×used service life
(3) Machinery and equipment with reference to market prices. The calculation formula is:
Revaluation value of machinery and equipment = Net value of equipment calculated based on the current price of similar equipment × (1+-adjustment coefficient)
Calculate the net value of the equipment based on the current price of similar equipment = the current price of similar equipment - [(current price of similar equipment - estimated net residual value)/specified service life] × service life
12. Transportation equipment evaluation
(1) Production vehicle evaluation, the calculation formula is:
Car revaluation value=-(The car's full weight value-calculated based on the full replacement valueAccumulated depreciation amount)×(1-intangible loss coefficient)(2) Evaluation of daily transportation equipment. The calculation formula is:
Bus revaluation value = brand new asset market price - [(brand new asset market price - estimated net residual value)/estimated mileage] × Mileage traveled
13. Price evaluation of houses and buildings
(1) Replacement cost method. The calculation formula is:
Net price of the property = full replacement price of the property - [(full replacement price - net residual value) / (years of use - acceptable Useful years)]×Used years
=(Full replacement price of the property - Accumulated depreciation amount calculated based on full replacement price)×(1+-Adjustment factor )
=Full replacement price of the property The price can be evaluated using the following methods:
A. Re-editing algorithm, the calculation formula is:
Full real estate revaluation price = [∑ (actual workload × actual unit price)] × (1 + expense rate)
B. Factor price index method, its calculation The formula is:
Full real estate replacement price = original project cost × (1 + material price increase rate × material cost % + labor cost increase rate % × labor cost % of cost + increase rate of expenses × % of cost)
(2) Net book value adjustment method. The calculation formula is:
Price of houses and buildings = Net book value of houses and buildings × (1+-adjustment coefficient)
(3) Standard control method. The calculation formula is:
House price = new unit price × (1+-decrease increase or decrease rate+-equipment increase or decrease rate+-land section, layer orientation increase or decrease Rate + - increase or decrease rate of ancillary equipment + - increase or decrease rate of usage) × (1-year depreciation rate × service life) × building area
(4) Rent present value method
Discounted based on the annual average net rent amount, the calculation formula is:
Real estate appraisal price = annual net rent/applicable principal rate
(5) Market price analogy method. The calculation formula is:
Real estate price = reference price × (1 + real estate difference adjustment rate)
14. Goodwill Evaluation
(1) Excess return principalization price method. The calculation formula is:
Appraisal value of goodwill = [expected annual income of the enterprise - (average rate of return in the industry × sum of the appraised values of individual assets of the enterprise)]/applicable principalization rate
=[The sum of the assessed values of individual assets of the assessed enterprise × (the expected rate of return of the assessed enterprise - the industry average rate of return)]/applicable principalization rate
( 2) Cut-off method
Goodwill appraisal value = enterprise's overall asset appraisal value - sum of individual asset appraisal values
