Why are capital-intensive enterprises destined to make accounting profits far higher than economic profits?

Firstly, the correct translation of accounting profit is accounting profit, and then the main difference between accounting profit and economic profit is reflected in the difference between accounting cost and opportunity cost. Accounting cost must be the cost that can be measured in monetary form in actual transactions; Opportunity cost is the largest of other possible benefits that are given up in order to obtain some benefit. For example, when using the retained earnings of an enterprise, the funds actually exist, no actual transactions occur, and no accounting costs occur; However, while using this fund to seek income, it gives up the possibility of obtaining income through other investment methods, resulting in opportunity cost. In addition, the confirmation of market value changes of fixed assets and financial assets by accounting profits is lagging behind, or only the price (book value) of such assets is recorded. The value of economic profit to assets is confirmed by market value (fair value). Assuming that the value of a certain equipment at the time of purchase is 6,543.8+0,000 yuan, and it is expected to be used for 654.38+00 years, it will be depreciated linearly according to the service life, and there is no residual value, so the annual depreciation will be 6,543.8+0,000 yuan. After using for one year, the equipment value is 900,000 yuan (100- 10). Let's continue to assume that the equipment manufacturer has suffered a natural disaster (such as Canon's factory in Thailand). Due to the shortage of goods, the price of this equipment has risen, and the price of 90% new and second-hand market is 165438+ ten thousand yuan. Then if the accounting profit is calculated at this time, the equipment value is 900,000 yuan; If the economic profit is calculated, the equipment value is 165438+ ten thousand yuan. When capital-intensive enterprises use a large number of their own funds, the accounting cost will be significantly less than the economic cost. Of course, from the accounting point of view, economic cost is a cold joke, because economic cost cannot be measured. PS: Finance/Finance will use a cost measurement method between accounting cost and economic cost. Use the price of zero-risk funds (such as national debt) or the price of funds set by enterprises themselves to calibrate the price of their own funds.