对投资项目进行可行性研究的目的是为投资者、决策者提供科学决 策的依据。本文以理论探讨与案例分析相结合的方式，综合运用可行性 研究、项目评估、战略管理、财务管理和运筹学等学科的理论和方法， 根据企业的实际情况和可行性研究具体要求，结合实例对汽车零部件工 业投资项目的可行性研究的方法进行了探讨。目的是希望通过对汽车零 部件工业投资项目可行性研究的理论研究与实证分析，期望能对实际工 作起到一定的指导作用。 本文首先介绍了可行性研究的概念，发展阶段、作用以及可行性研 究报告的内容，结合国家投资体制的改革以及本人的工作实际，分析了 汽车零部件工业投资项目备案的要求、投资体制改革对企业投资项目可 行性研究和投资决策的影响，并对汽车零部件工业投资项目的可研编制、 备案过程中遇到的一些问题进行了一些思考和分析。 本文通过对项目可行性研究隐含前提以及汽车零部件工业投资项目 可行性研究的特点和方法的分析，探讨了该类项目可行性分析的方法与 内容，指出了该类项目与一般工业投资项目相比存在需求预测、产品价 格、投资内容、投资安排、投资决策及投资估算等诸多方面的差异。 本文通过对可行性研究中财务评价方法中现金流量表中有关科目的 设置，盈利能力指标以及偿债能力指标的选择进行了研究，分析探讨了 原来可行性研究方法中的不足之处，在报表改进以及评价指标选择方面 提出了自己的建议。 本文通过 JY 公司的六速自动变速器换档机构技术改造项目可行性 研究的案例，从项目背景和概况、市场预测、设备技术和工程方案、主 要原材料燃料供应、总图运输和公用辅助工程、财务分析和风险分析等 方面对汽车零部件工业投资项目进行了可行性研究的实证分析，说明了 对汽车零部件投资项目如何进行可行性研究。 本文重点对项目的财务分析进行了相关探讨并计算了有关财务指 标。为提高财务分析的准确性，按照财务评价的原理运用了 Excel 软件将项目财务报表中有关项目进行了关联，计算财务净现值、财务内部收 益率和投资回收期等指标，进行资金盈余分析、盈亏平衡分析以及敏感 性分析，取得了较好的效果，为投资项目决策提供了更为充分的依据， 达到了可行性研究的目的。 关键字，汽车零部件，投资项目，可行性研究，财务分析AUTOMOTIVE PARTS INDUSTRIAL INVESTMENT PROJECT FEASIBILITY STUDY ABSTRACT The purpose of feasibility study for investment projects is to provide the investors, decision-makers with the scientific basis for decision-making. According to the actual situation of enterprises facing and feasibility study on specific request, the paper explores the feasibility study theory with case analysis combining the integrated use of feasibility study, project appraisal, strategic management, financial management, operation research theory and methodology. The paper explore the feasibility study methods of automotive parts in industrial investment project by using the empirical analysis method through the example, The purpose of the paper is expected to play a guiding role of practical work in automotive parts industry investment projects feasibility study area through theoretical research and empirical analysis . The concept stage of development, the role and content of the feasibility study is first introduced in the paper. Then we explore the requirements of the preparation of the investment project to the government of the automotive parts industry investment projects in conjunction with the national investment system reform and the practical work. After that, we explore the reflection of investment system reform to enterprise investment feasibility study andinvestment decision-making. Finally, we analyze and make some thoughts of the problems encountered in the process of writing the feasibility study reports and making the preparation of the investment project to the government. The paper explores the implicit premise of the feasibility study for the project. Through the analysis to the characteristics and methods of feasibility study for the automotive parts industry investment projects, we explore the methods and content of the feasibility study for this kind of project and note that there are many differences between this kind of projects and general industrial projects, such as demand forecasting, product pricing, investment content, investment arrangements, investment decisions and investment estimates, and so on. The paper explores the subject of cash-flow, profitability and solvency index chosen for the feasibility study in the financial evaluation methods. And we give proposals on feasibility study in the statements improvement and evaluation indexes chosen after explored the inadequacies of the original feasibility study methods. The paper explores the empirical analysis methods in the feasibility study on the automotive parts industry investment projects, such as the background and project profiles, market forecasts, equipment technology and engineering programmes, the main raw material and fuel supply, transportation and support engineering, financial analysis and risk analysis through the case of the JY company’s six-speed automatic transmission clutch. And we explain how to make the feasibility study on the investment projects of automobile parts industrial.The paper focuses on the financial analysis and calculation of the relevant financial indicators. In order to improve the accuracy of financial analysis, we related the same subjects in the different financial statements in accordance with the principles project financial appraisal by using the Excel software and calculate indexes, such as the financial net present value, financial internal rate of return and investment recovery period, and so on. In the paper we make the surplus of funds analysis, profit and loss balance analysis and sensitivity analysis by this way and achieved better results. By this way, we provide a more adequate basis for investment decision-making and we achieve the purpose of feasibility study. KEY WORDS: AUTO PARTS, INVESTMENT PROJECT, FEASIBILITY STUDY, FINANCIAL ANALYSIS目录 前言 ............................................................................ 1 第一章 投资项目可行性研究概述................................................... 1 1.1 投资项目可行性研究的概念与发展........................................... 1 1.1.1 投资项目可行性研究的概念........................................... 1 1.1.2 投资项目可行性研究的发展阶段....................................... 1 1.2 投资项目可行性研究的作用................................................. 2 1.3 投资项目可行性研究的主要内容............................................. 3 1.3.1 投资项目可行性研究的步骤........................................... 3 1.3.2 可行性研究的主要内容............................................... 4 第二章 投资体制改革与可行性研究................................................. 6 2.1 投资体制改革对企业投资项目决策的影响..................................... 6 2.1.1 投资体制改革的历程................................................. 6 2.1.2 投资体制改革落实企业投资自主权的主要内容........................... 7 2.2 投资体制改革对企业投资项目可行性研究工作的影响........................... 7 2.3 汽车零部件工业投资项目备案的要求......................................... 8 2.3.1 投资项目备案的一般要求............................................. 8 2.3.2 汽车零部件工业投资项目备案的特殊要求 ............................... 9 2.3.3 汽车零部件工业投资项目备案过程中的问题............................. 9 第三章 汽车零部件工业投资项目可行性研究的特点和方法............................. 11 3.1 项目可行性研究的隐含前提................................................ 11 3.2 汽车零部件工业投资项目可行性研究特点 .................................... 11 3.3 汽车零部件工业投资项目可行性研究的主要方法.............................. 13 3.3.1 投资项目可行性研究的主要方法 ...................................... 13 3.3.2 对财务评价方法、国民经济评价方法和社会评价方法的选择 .............. 14 3.4 对可行性研究中财务评价方法的探讨........................................ 15 3.4.1 关于财务现金流量表................................................ 15 3.4.2 关于盈利能力分析.................................................. 16 3.4.3 关于偿债能力分析 .................................................. 17第四章 案例——项目背景和概况部分.............................................. 18 4.1 项目背景 .......................................................