The net present value of an investment is a simple criterion for deciding whether or not to undertake an investment.It consists of current operation value(COV) and future growth value(FGV).

• 公司价值取决于公司所创造现金流的折现价值,包括公司现有业务创造的当期营运价值(COV)和未来成长性业务创造的未来成长价值(FGV)。