Research Article
A Forecasting Model for Fixed Assets Depreciation in Chinese Provincial Power Grid Enterprises
@INPROCEEDINGS{10.4108/eai.2-12-2022.2327937, author={Yang Li and Qian Zhao and Yang Wang and Linkun Man}, title={A Forecasting Model for Fixed Assets Depreciation in Chinese Provincial Power Grid Enterprises}, proceedings={Proceedings of the 2nd International Conference on Information, Control and Automation, ICICA 2022, December 2-4, 2022, Chongqing, China}, publisher={EAI}, proceedings_a={ICICA}, year={2023}, month={3}, keywords={existing assets; incremental assets; influencing factors; depreciation forecasting}, doi={10.4108/eai.2-12-2022.2327937} }- Yang Li
Qian Zhao
Yang Wang
Linkun Man
Year: 2023
A Forecasting Model for Fixed Assets Depreciation in Chinese Provincial Power Grid Enterprises
ICICA
EAI
DOI: 10.4108/eai.2-12-2022.2327937
Abstract
The depreciation scale of fixed assets is an important parameter that affects the operational profits of power grid enterprises and transmission and distribution pricing. The forecasting of depreciation scale is of immense significance for power grid enterprises to comprehend their profitability and the transmission and distribution pricing trends, in advance. In this paper, we analyze the main factors affecting the depreciation level of fixed assets in provincial power grids, distinguish the structure of existing assets and incremental assets, build a depreciation forecasting model, and further conduct an empirical study to quantitatively analyze the influence of different business strategies on depreciation. The study results can support management and decision-making optimization of power grid assets and provide support for scientific decision-making by government departments.