Abstract: In recent years, the model of REVA was used for the assessment of enterprise value as a new method. The equity cost was incorporated into capital cost in the REVA model, in which the idea was proposed that the value of enterprise was derive from excess profit, therefore the results of assessment of enterprise value were exact. Aiming at the high-tech enterprises, the value of inspur electronic information industry Co., Ltd. was assessed. The results of assessment and market value were near. The results were that the REVA model could be used for the value assessment of high-tech enterprises.

Key words: High-tech enterprises, Value assessment, REVE, Listing corporation, Market value

摘要： REVA模型作为一种顺应经济发展的新方法运用于企业价值评估,拉开了关于企业价值评估的新篇
章。REVA模型将权益成本纳入资本成本中,提出了真正的企业价值来源于超额利润的观点,从而使对企业价值进
行评估的结果更加准确。以高新技术企业为研究对象,通过REVA 模型对浪潮电子信息产业有限公司的价值进行
了评估,评估结果与企业的市场价值相差不大,说明REVA模型可应用于高新技术企业价值评估中。

关键词: 高新企业, 价值评估, REVA, 上市公司, 市场价值