The current market price method is also called the market comparison method. The application of the current market price method is closely related to the establishment and development of the market economy and the marketization of assets. Generally speaking, comparative factors can be divided into five categories: time factors, regional factors, functional factors, transaction factors, and quality factors.
The market price is the market price. The current market price method, also known as market comparison method, is to determine the price of the evaluated asset based on the prices of similar or comparable reference materials in the open market. The current market price method is the simplest and most effective method because the information in the evaluation process directly comes from the market, while also valuing the upcoming asset behavior. However, the application of the current market price method is closely related to the establishment and development of a market economy, as well as the degree of marketization of assets. In China, with the establishment and improvement of the market economy, effective application space has been provided for the current market price method, which has increasingly become an important asset valuation method.
The calculation method of the current market price method
① Direct comparison method. The value of the asset is estimated based on the market price of the same asset in a new situation, minus the accumulated depreciation of the useful life calculated at the current market price. Its usage condition is that reference objects that are almost identical to the evaluation object can be found in the equipment trading market. This method is simple, most objective to the market, and can most accurately reflect the market value of equipment.
② Similarity comparison method. It is based on the analysis of the market sales price of similar reference objects, that is, according to the market price of market reference objects, by comparing their differences in utility, capacity, quality, degree of newness and obsolescence, and making adjustments according to certain methods, the value of the appraisal object is determined. The similarity comparison method can be evaluated by comparing the overall reference object, or by categorizing and comparing the items separately. The key here is to choose a reference object, which may be one or several. The calculation formula is:
Appraisal value=[market price of new reference material - (market price of new reference material/estimated service life) × The useful life of the asset] × Adjustment coefficient
The selection of adjustment coefficients should be discussed in conjunction with actual situations. For example, when applying the above calculation formula for evaluation, it is verified that the evaluated equipment, compared with the brand new reference material (equipment), consumes 1.2 times the annual power, fuel, and labor costs of the reference material when the output is the same. Therefore, the adjustment coefficient is taken as 0.6-0.8.
For example, a certain factory plans to invest a rotary compressor in a joint venture. This device has been in use for 5 years, and there is no similar transaction price for spinning machines in the market. However, there is a similar transaction price for spinning machines, with the current market price of 70000 yuan per unit. The expected residual value is zero and the expected service life is 15 years. Based on factors such as comprehensive commodity price comparison, raw material and labor costs, an adjustment coefficient of 1.3 is determined. Calculate the evaluation value of the spinning machine.
Evaluation value=[70000- (70000/15) × 5] × 1.3=60667 yuan
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