Performance Evaluation of Listed Enterprises with Elderly Care Concepts Based on the Economic Value Added

Songyuanyi Lu

doi:10.54691/bcpbm.v26i.1899

Authors

Songyuanyi Lu

DOI:

https://doi.org/10.54691/bcpbm.v26i.1899

Keywords:

Elderly Care, Economic Value Added, Performance Evaluation.

Abstract

This paper uses economic value added (EVA) and traditional evaluation methods to calculate the performance evaluation of listed companies with pension concepts from 2016 to 2021. From the perspective of EVA and traditional financial indicators, it analyzes the changing trends of these companies. The results show that traditional ROE and net profit may overestimate the performance level of listed companies with the concept of pension in the short term. EVA is more cautious than traditional financial indicators and is consistent with the macroeconomic environment. Therefore, a reasonable combination of the two can better explain the financial performance of the listed companies with the concept of pension.

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