股权自由现金流与投资管理

20 0 1财年 ,数家日本著名电子制造商出现了巨额亏损 ,公司陷入困境。导致失误的主要原因 ,是这些公司的投资管理粗放。“盈利就投资”造成了资产设备的盲目扩张。股权自由现金流是对投资实施有效管理的重要指标 ,也是进行资产估价的重要工具之一。

Free Cash Flow of Equity and Investment Management

In 2001' financial year, some famous Japanese electron manufacturers had large deficit. These companies were then plunged into corner. The main reason of misplay is that these companies' rough investing management. "Payoff must invest", this policy had led to blind asset and equipment expansion. Free cash flow of equity is an important index that runs efficient investing managment; it is also one of important tools to value assets.