投资回收期法在股权投资项目决策中的运用分析  

Application of Payback Period Method in Equity Investment Project Decision

作　　者：李承绘 Li Chenghui(Hubei Small and Medium Enterprise Service Center,Wuhan 430000,China)

机构地区：[1]湖北省中小企业服务中心,湖北武汉430000

出　　处：《科技创业月刊》2022年第12期62-67,共6页Journal of Entrepreneurship in Science & Technology

摘　　要：借鉴传统项目决策中使用的投资回收期法,将其运用于股权投资项目决策中,但在实际决策时,在财务分析中需考虑外部投资人的持股比例及其他因素,其持股比例不同于传统项目中的项目额出资比例,造成实际投资回收期变长。通过研究适用于股权投资项目的改良型投资回收期法,不仅帮助外部投资人正确计算股权投资回本时间,衡量投资风险,加快投资步伐,而且促使中小企业合理规划资金安排,促进融资交易达成。In this paper, draw lessons from the past traditional project investment payback method used in the decision-making, applied it in the equity investment project decision, but in the actual decision, should be considered in the financial analysis of outside investors ownership and other factors, its stake is different from traditional project in the project investment proportion, cause actual investment payback period longer. By studying the improved payback period method applicable to equity investment projects, this paper not only helps external investorsto correctly calculate the return time of equity investment, measure the investment risk, accelerate the pace of investment, but also promotes smes to reasonably plan the capital arrangement and promote the completion of financing transactions.

关 键 词：股权投资 项目投资 投资决策 投资回收期法 财务计算 

分 类 号：F832.51[经济管理—金融学]