制造业企业套期保值方案实施的绩效评价研究

套期保值是现代企业规避商品价格剧烈波动的最理想的风险管理工具之一，通过套期保值，可以改变企业在原材料采购过程中的被动性，使企业主动控制生产成本，保证经营利润。对企业开展的套期保值业务进行正确的绩效评价，对提高企业开展套期保值业务的积极性具有重要的指导意义。通过对影响企业套期保值效果因素的分析，提出企业可以将期货和现货市场的综合收益以及期货市场套保品种的均价作为评价套期保值绩效的参考对象，能够正确引导企业合理参与套期保值，正确评价套期保值效果。

Hedging Performance Evaluation Research on the Implementation of Scheme in Manufacturing Companies

Hedging is one of the ideal risk management tools for the enterprise to avoid sharp fluctuations in commodity prices. Through hedging, it can change the passivity of the enterprise, and the enterprise takes the initiative to control the production cost and guarantee the operating profit. A right performance evaluation may improve the enthusiasm of enterprises to carry out hedging business. In this paper, through the analysis of factors influencing the effect of hedging, it points out that participating in futures market and spot market can consolidate the profit and loss and corporate hedging futures market average price as evaluation object of the project, guiding enterprises to correctly evaluate the hedging effect.