EVA在企业业绩评价中的应用——以中芯国际为例
The Application of EVA in Enterprise Performance Evaluation—Taking SMIC as an Example

自2021年美国“黑名单”问世以来，中国芯片问题越发引起人们的关注，作为国内芯片行业的龙头企业中芯国际的净利润一直保持在不错的水平。如果采用EVA对中芯国际进行业绩评价，它是否仍能保持同样的水平？本文系统的分析了中芯国际的一些财务指标，详细计算了中芯国际2017~2021年的EVA值，并与企业的净利润进行对比，分析了EVA考核的缺陷并提出了相应的改进措施。
Since the advent of the US “blacklist” in 2021, China’s chip problem has attracted more and more attention, and the net profit of SMIC, as a leading enterprise in the domestic chip industry, has remained at a good level. If SMIC is evaluated for performance with EVA, will it still be able to maintain the same level? This paper systematically analyzes some of SMIC’s financial indicators, calculates SMIC’s EVA value in detail for 2017~2021, compares it with the company’s net profit, analyzes the defects of E VA assessment, and proposes corresponding improvement measures.