【摘要】 国家储备林建设是一项投资期相对较长的建设项目，财务评价是投资决策中必不可少的重要内容。湿加松和桉树是广东重要的国家储备林树种，运用财务盈利能力分析方法分别对湿加松和桉树的项目投资可行性和经济合理性进行计算，得出湿加松和桉树的财务净现值为正值，且财务内部收益率较林业行业基准收益率高。可见，湿加松和桉树可作为储备林基地建设推荐的经营树种。同时，采用单因素敏感性分析方法，对影响财务内部收益率的各因子进行敏感性分析，结论显示，经营湿加松和桉树都具有一定的抗风险能力。更多还原

【Abstract】 The construction of the national reserve forest is a construction project with a relatively long investment period, and financial evaluation is an indispensable part of investment decisions.Pinus elliottii×caribaea and Eucalyptus are important national reserve forest species in Guangdong Province.The profitability analysis method was used to calculate the investment feasibility and economic rationality of Pinus elliottii×caribaea and Eucalyptus respectively. The results showed that the financial net present values of Pinus elliottii×caribaea and Eucalyptus were positive, and the financial internal rates of return were higher than the benchmark rate of return of the forestry industry, which proved Pinus elliottii×caribaea and Eucalyptus were suitable tree species for the construction of the reserve forest base. At the same time, the single-factor sensitivity analysis method was used to analyze the sensitivity of each factor affecting the financial internal rate of return. The results indicated that the management of Pinus elliottii×caribaea and Eucalyptus had certain anti-risk abilities.更多还原