Resource Asset Appraisal (21st Century Asset Appraisal Series Textbooks)

Author: Liu Guoren
Publisher:
Publish Date: 2003-01-20
Features: This book briefly discusses the basic value theory of resource assets, combining the actual economic transformation of China and drawing on international experience to explore the relationship between resource assets and property rights. It then focuses on introducing the assessment methods for mineral resource assets and forest resource assets that comply with international asset valuation standards. The book, excluding the introduction, is divided into two parts and 13 chapters.
Part 1: Mineral Resource Asset Assessment
After briefly describing the value and composition of mineral resource assets, this part discusses the distinction between the value of mineral resource assets and the value of mining rights. It primarily introduces the assessment methods for mining rights at different exploration stages, including the replacement cost method, geological ranking method, discounted cash flow method, and market comparison method, along with the applicable scope and conditions for each method. It also provides an overview of relevant issues in the management of mining right assessment.
Part 2: Forest Resource Asset Assessment
Based on rent theory, this part explores the value and composition of forest resource assets. It details the assessment methods for timber assets and forestland assets, with timber asset assessment primarily focusing on the cost method, current market price method, and discounted cash flow method; forestland asset assessment primarily focusing on the current market price method, forestland expected value method, annuity capitalization method, and forestland cost method. It concludes with an overview of relevant issues in the management of forest resource asset assessment.
Both parts include practical assessment cases to illustrate the specific application of the assessment methods, making the book highly operational. This book is suitable for students and faculty in asset management programs at universities and colleges, as well as researchers and professionals in valuation institutions.