EVA（Economic Value Added），即经济增加值，是世

EVA (Economic Value Added), that is, economic value added, is the world's universal corporate performance evaluation standard and an important method. EVA can more fully and truly reflect the company's operating performance (Mosensen, 2018). [2] The main point of view of the EVA performance evaluation method is that an enterprise can obtain wealth for the enterprise only if it obtains higher than the embedded cost of the capital invested by the enterprise. The calculation of EVA is actually the difference between the net operating profit after tax and the cost of capital. The application of EVA in real estate enterprises can more comprehensively and objectively evaluate the operation level of enterprises, taking into account not only the cost of debt capital, but also the cost of equity capital of enterprises. When using EVA

EVA（Economic Value Added），即经济增加值，是世界通用的企业业绩评价标准与重要方式。EVA可以更加全面、真实的反映企业的经营业绩（穆森森，2018）。[2]EVA业绩评价法的主要观点是企业只有获得高于企业投入资本的内含成本才能说明为企业创造了财富，EVA的计算其实是税后净营业利润与资本成本之间的差额。EVA在房地产企业的应用，能够更全面客观地评价企业的经营水平，不仅将债务资本成本考虑在内，也将企业权益资本成本考虑在内。在运用EVA时

EVA (economic value added), namely economic value added, is a universal enterprise performance evaluation standard and important way in the world. EVA can more comprehensively and truly reflect the business performance of the enterprise (musensen, 2018). [2] The main point of EVA performance evaluation method is that only when an enterprise obtains the internal cost higher than the capital invested by the enterprise can it create wealth for the enterprise. The calculation of EVA is actually the difference between the after tax net operating profit and the capital cost. The application of EVA in real estate enterprises can evaluate the operation level of enterprises more comprehensively and objectively, not only taking the cost of debt capital into account, but also taking the cost of equity capital into account. When using EVA<br>