Yunnan Yuxi intangible assets appraisal company bankruptcy liquidation valuation Guirong Dingsheng 2021

  Bankruptcy liquidation evaluation, intangible assets evaluation, assets evaluation
The scope of assets evaluation of bankrupt enterprises is available for distribution
Available for distribution assets refer to assets that can be realized for repayment, including monetary capital, foreign investment, accounts receivable, inventory, fixed assets, transfer income of intangible assets, etc
of bankrupt enterprises
There are also some inseparable assets of the bankrupt enterprise, including the pending property losses, deferred expenses and deferred assets of the bankrupt enterprise
Although these assets are reflected in the total assets of the enterprise, they are essentially the losses and expenses in the assets of the enterprise and have no value
Non distributable assets and liabilities shall be recognized by the bankruptcy liquidation group
In the actual work, the assets evaluation of a bankrupt enterprise generally only evaluates the value of the enterprise's fixed assets, inventories and intangible assets, while the enterprise's accounts receivable and foreign investment participate in the bankruptcy distribution after the actual amount is confirmed by the bankruptcy liquidation group
The assets evaluation of the bankrupt enterprise shall be carried out on the basis of the assets checked and verified by the bankruptcy liquidation group
However, the asset appraisers shall verify and appraise the liquidation results provided by the bankruptcy liquidation group item by item

The principle of quick liquidation is based on the principle of forced liquidation
The author believes that the value of rapid realization should be based on reference, otherwise the objectivity and impartiality of the evaluation results will be lost
Any value composition of an asset is inseparable from the cost or market conditions of the asset itself or its future income
Compulsory liquidation value is no exception
But what is the difference between the value of compulsory liquidation and other value standards?
1
Difference between compulsory liquidation value and market value
The value of compulsory liquidation refers to the price of compulsory auction with certain restrictions
The difference between it and market value lies in market conditions
Market value is the price under normal trading conditions
The sale of assets of bankrupt enterprises is limited by the transaction period and the buyer, and its value should generally be lower than the normal current market price

2
Difference between compulsory liquidation value and replacement value
The replacement value is the price paid for purchasing or building the same assets under the same conditions, while the forced liquidation value is a quick realization price when the enterprise cannot continue to operate and needs liquidation
When evaluating the value of compulsory liquidation, for those who are not easy to obtain the market price as a reference, their replacement value can be used as a reference, and relevant factors can be considered for adjustment
As a compulsory liquidation value, it is generally lower than the replacement value

3
Difference between compulsory liquidation value and going concern value
For the whole enterprise, the bankrupt enterprise should not adopt the value standard of going concern value
Because the bankrupt enterprise can no longer operate
However, for subsidiaries or workshops with good benefits in bankrupt enterprises, if they can obtain their cash flows in the past and several years in the future and there are buyers, they can also use the income present value method to evaluate their continuous operation value as the liquidation value of this part of assets