The empirical study about the main influencing factors of high-tech enterprises´ performance based on the model of EVA

Considering the features of higher-invest, higher - risk, higher -yield and higher-intelligence of high-tech enterprises, this paper analyzes the main influencing factors of high-tech enterprises´ economic value added (EVA) performance and generalizes relevant empirical hypothesises. On the basis of that, this paper makes use of new performance appraisal method based on EVA to analyze performance of 111 Information Technology Industry listed companies. Finally, this paper makes relevant empirical study by the quantitative method. The empirical study indicates that: High-tech enterprises´ EVA performance has positive correlation with the net profit after tax; it has negative correlation with the current assets; Furthermore, it has nonlinear correlation with the capital assets, when the input amount of capital assets is small, they have positive correlation; after achieving a certain value, they will have negative correlation. This paper considers that there are three effective ways to improve high-tech enterprises´ EVA performance: One way is to improve the net profit after tax of high-tech enterprises; The second way is to improve the service efficiency of current assets, on the premise of high-tech enterprises´ normal operation; The last way is to pay more attention to invest capital assets reasonably. The conclusion of this empirical study provides a necessary lesson for high-tech enterprises to improve their EVA performance.