Financial Performance and Volatility Analysis of Zijin Mining Based on EVA Modeling

Yiming Zhang; Guoyu Mao

doi:10.62051/ijgem.v4n1.47

Authors

Yiming Zhang
Guoyu Mao

DOI:

https://doi.org/10.62051/ijgem.v4n1.47

Keywords:

Economic value added (EVA), Financial performance evaluation, Value creation, Zijin mining

Abstract

Against the background of increasingly fierce competition in China's mining industry, enterprises have put forward higher requirements for the accuracy and authenticity of financial performance evaluation. Based on the economic value added (EVA) model, this paper selects the financial data of Zijin Mining from 2019 to 2023 as a research sample, systematically evaluates the financial performance of the enterprise, and deeply analyzes the causes of financial performance fluctuations. The results of the study show that Zijin Mining's EVA index shows significant volatility during the period, which is mainly affected by factors such as market environment, resource management and strategic investment. For this reason, this paper proposes an improvement strategy for Zijin Mining's financial performance and value creation ability. This study provides a scientific financial performance evaluation method for Zijin Mining, and at the same time provides an important reference for other mining enterprises to realize sustainable development in the competitive market.

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