Yong’an Forestry Green EVA Accounting and Performance Evaluation

Taking Yong’an Forestry as an example this paper calculated the green EVA and derivative indicators on the basis of traditional EVA to evaluate forestry enterprises.The results showed that the green EVA value of Yongan Forestry from 2016 to 2020 was higher than that of the traditional EVA value after considering the factors of equity capital cost,ecological value and ecological value compensation factors.By comparing green EVA value with net profit,green EVA return rate and return on net assets,it found that the ecological value owned by enterprises could significantly provide corporate profitability and capital creation ability.