id	sid	tid	token	lemma	pos
fbem-26863	1	1	frontiers	frontier	NOUN
fbem-26863	1	2	in	in	ADP
fbem-26863	1	3	business	business	NOUN
fbem-26863	1	4	,	,	PUNCT
fbem-26863	1	5	economics	economic	NOUN
fbem-26863	1	6	and	and	CCONJ
fbem-26863	1	7	management	management	NOUN
fbem-26863	1	8	issn	issn	PROPN
fbem-26863	1	9	:	:	PUNCT
fbem-26863	1	10	2766	2766	NUM
fbem-26863	1	11	-	-	PUNCT
fbem-26863	1	12	824x	824x	NUM
fbem-26863	1	13	|	|	ADJ
fbem-26863	1	14	vol	vol	NOUN
fbem-26863	1	15	.	.	PROPN
fbem-26863	1	16	17	17	NUM
fbem-26863	1	17	,	,	PUNCT
fbem-26863	1	18	no	no	INTJ
fbem-26863	1	19	.	.	NOUN
fbem-26863	1	20	1	1	NUM
fbem-26863	1	21	,	,	PUNCT
fbem-26863	1	22	2024	2024	NUM
fbem-26863	1	23	200	200	NUM
fbem-26863	1	24	financial	financial	ADJ
fbem-26863	1	25	performance	performance	NOUN
fbem-26863	1	26	analysis	analysis	NOUN
fbem-26863	1	27	under	under	ADP
fbem-26863	1	28	the	the	DET
fbem-26863	1	29	light	light	ADJ
fbem-26863	1	30	asset	asset	NOUN
fbem-26863	1	31	operation	operation	NOUN
fbem-26863	1	32	model	model	NOUN
fbem-26863	1	33	of	of	ADP
fbem-26863	1	34	tai	tai	PROPN
fbem-26863	1	35	long	long	PROPN
fbem-26863	1	36	pharmaceutical	pharmaceutical	PROPN
fbem-26863	1	37	company	company	NOUN
fbem-26863	1	38	lin	lin	PROPN
fbem-26863	1	39	qi	qi	PROPN
fbem-26863	1	40	,	,	PUNCT
fbem-26863	1	41	xinrong	xinrong	PROPN
fbem-26863	1	42	zeng	zeng	PROPN
fbem-26863	1	43	sichuan	sichuan	PROPN
fbem-26863	1	44	university	university	PROPN
fbem-26863	1	45	of	of	ADP
fbem-26863	1	46	science	science	PROPN
fbem-26863	1	47	&	&	CCONJ
fbem-26863	1	48	engineering	engineering	PROPN
fbem-26863	1	49	,	,	PUNCT
fbem-26863	1	50	zigong	zigong	PROPN
fbem-26863	1	51	,	,	PUNCT
fbem-26863	1	52	sichuan	sichuan	PROPN
fbem-26863	1	53	,	,	PUNCT
fbem-26863	1	54	china	china	PROPN
fbem-26863	1	55	abstract	abstract	PROPN
fbem-26863	1	56	:	:	PUNCT
fbem-26863	1	57	with	with	ADP
fbem-26863	1	58	the	the	DET
fbem-26863	1	59	rapid	rapid	ADJ
fbem-26863	1	60	development	development	NOUN
fbem-26863	1	61	of	of	ADP
fbem-26863	1	62	the	the	DET
fbem-26863	1	63	pharmaceutical	pharmaceutical	NOUN
fbem-26863	1	64	industry	industry	NOUN
fbem-26863	1	65	and	and	CCONJ
fbem-26863	1	66	the	the	DET
fbem-26863	1	67	increasingly	increasingly	ADV
fbem-26863	1	68	fierce	fierce	ADJ
fbem-26863	1	69	competition	competition	NOUN
fbem-26863	1	70	,	,	PUNCT
fbem-26863	1	71	the	the	DET
fbem-26863	1	72	light	light	ADJ
fbem-26863	1	73	asset	asset	NOUN
fbem-26863	1	74	operation	operation	NOUN
fbem-26863	1	75	model	model	NOUN
fbem-26863	1	76	has	have	AUX
fbem-26863	1	77	become	become	VERB
fbem-26863	1	78	a	a	DET
fbem-26863	1	79	key	key	ADJ
fbem-26863	1	80	strategic	strategic	ADJ
fbem-26863	1	81	choice	choice	NOUN
fbem-26863	1	82	for	for	ADP
fbem-26863	1	83	transforming	transform	VERB
fbem-26863	1	84	pharmaceutical	pharmaceutical	ADJ
fbem-26863	1	85	companies	company	NOUN
fbem-26863	1	86	.	.	PUNCT
fbem-26863	2	1	this	this	DET
fbem-26863	2	2	paper	paper	NOUN
fbem-26863	2	3	takes	take	VERB
fbem-26863	2	4	tai	tai	PROPN
fbem-26863	2	5	long	long	ADJ
fbem-26863	2	6	pharmaceutical	pharmaceutical	NOUN
fbem-26863	2	7	as	as	ADP
fbem-26863	2	8	a	a	DET
fbem-26863	2	9	case	case	NOUN
fbem-26863	2	10	study	study	NOUN
fbem-26863	2	11	to	to	PART
fbem-26863	2	12	analyze	analyze	VERB
fbem-26863	2	13	its	its	PRON
fbem-26863	2	14	cxo	cxo	PROPN
fbem-26863	2	15	light	light	PROPN
fbem-26863	2	16	asset	asset	NOUN
fbem-26863	2	17	operation	operation	NOUN
fbem-26863	2	18	model	model	NOUN
fbem-26863	2	19	and	and	CCONJ
fbem-26863	2	20	financial	financial	ADJ
fbem-26863	2	21	characteristics	characteristic	NOUN
fbem-26863	2	22	in	in	ADP
fbem-26863	2	23	depth	depth	NOUN
fbem-26863	2	24	.	.	PUNCT
fbem-26863	3	1	by	by	ADP
fbem-26863	3	2	employing	employ	VERB
fbem-26863	3	3	factor	factor	NOUN
fbem-26863	3	4	analysis	analysis	NOUN
fbem-26863	3	5	,	,	PUNCT
fbem-26863	3	6	a	a	DET
fbem-26863	3	7	comprehensive	comprehensive	ADJ
fbem-26863	3	8	assessment	assessment	NOUN
fbem-26863	3	9	of	of	ADP
fbem-26863	3	10	its	its	PRON
fbem-26863	3	11	economic	economic	ADJ
fbem-26863	3	12	performance	performance	NOUN
fbem-26863	3	13	is	be	AUX
fbem-26863	3	14	conducted	conduct	VERB
fbem-26863	3	15	,	,	PUNCT
fbem-26863	3	16	and	and	CCONJ
fbem-26863	3	17	suggestions	suggestion	NOUN
fbem-26863	3	18	aimed	aim	VERB
fbem-26863	3	19	at	at	ADP
fbem-26863	3	20	enhancing	enhance	VERB
fbem-26863	3	21	tai	tai	PROPN
fbem-26863	3	22	long	long	ADJ
fbem-26863	3	23	pharmaceutical	pharmaceutical	NOUN
fbem-26863	3	24	's	's	PART
fbem-26863	3	25	financial	financial	ADJ
fbem-26863	3	26	performance	performance	NOUN
fbem-26863	3	27	are	be	AUX
fbem-26863	3	28	proposed	propose	VERB
fbem-26863	3	29	based	base	VERB
fbem-26863	3	30	on	on	ADP
fbem-26863	3	31	the	the	DET
fbem-26863	3	32	analysis	analysis	NOUN
fbem-26863	3	33	results	result	NOUN
fbem-26863	3	34	,	,	PUNCT
fbem-26863	3	35	to	to	PART
fbem-26863	3	36	help	help	VERB
fbem-26863	3	37	the	the	DET
fbem-26863	3	38	company	company	NOUN
fbem-26863	3	39	maintain	maintain	VERB
fbem-26863	3	40	a	a	DET
fbem-26863	3	41	leading	lead	VERB
fbem-26863	3	42	position	position	NOUN
fbem-26863	3	43	in	in	ADP
fbem-26863	3	44	the	the	DET
fbem-26863	3	45	fierce	fierce	ADJ
fbem-26863	3	46	market	market	NOUN
fbem-26863	3	47	competition	competition	NOUN
fbem-26863	3	48	.	.	PUNCT
fbem-26863	4	1	keywords	keyword	NOUN
fbem-26863	4	2	:	:	PUNCT
fbem-26863	4	3	light	light	ADJ
fbem-26863	4	4	asset	asset	NOUN
fbem-26863	4	5	operation	operation	NOUN
fbem-26863	4	6	,	,	PUNCT
fbem-26863	4	7	financial	financial	ADJ
fbem-26863	4	8	performance	performance	NOUN
fbem-26863	4	9	,	,	PUNCT
fbem-26863	4	10	factor	factor	NOUN
fbem-26863	4	11	analysis	analysis	NOUN
fbem-26863	4	12	.	.	PUNCT
fbem-26863	5	1	1	1	X
fbem-26863	5	2	.	.	X
fbem-26863	5	3	introduction	introduction	NOUN
fbem-26863	5	4	amidst	amidst	ADP
fbem-26863	5	5	the	the	DET
fbem-26863	5	6	prevailing	prevail	VERB
fbem-26863	5	7	wave	wave	NOUN
fbem-26863	5	8	of	of	ADP
fbem-26863	5	9	globalization	globalization	NOUN
fbem-26863	5	10	and	and	CCONJ
fbem-26863	5	11	the	the	DET
fbem-26863	5	12	rapid	rapid	ADJ
fbem-26863	5	13	advancement	advancement	NOUN
fbem-26863	5	14	of	of	ADP
fbem-26863	5	15	technology	technology	NOUN
fbem-26863	5	16	,	,	PUNCT
fbem-26863	5	17	the	the	DET
fbem-26863	5	18	pharmaceutical	pharmaceutical	NOUN
fbem-26863	5	19	industry	industry	NOUN
fbem-26863	5	20	,	,	PUNCT
fbem-26863	5	21	which	which	PRON
fbem-26863	5	22	is	be	AUX
fbem-26863	5	23	closely	closely	ADV
fbem-26863	5	24	related	relate	VERB
fbem-26863	5	25	to	to	ADP
fbem-26863	5	26	public	public	ADJ
fbem-26863	5	27	health	health	NOUN
fbem-26863	5	28	and	and	CCONJ
fbem-26863	5	29	life	life	NOUN
fbem-26863	5	30	safety	safety	NOUN
fbem-26863	5	31	,	,	PUNCT
fbem-26863	5	32	is	be	AUX
fbem-26863	5	33	undergoing	undergo	VERB
fbem-26863	5	34	unprecedented	unprecedented	ADJ
fbem-26863	5	35	changes	change	NOUN
fbem-26863	5	36	.	.	PUNCT
fbem-26863	6	1	pharmaceutical	pharmaceutical	NOUN
fbem-26863	6	2	companies	company	NOUN
fbem-26863	6	3	are	be	AUX
fbem-26863	6	4	facing	face	VERB
fbem-26863	6	5	a	a	DET
fbem-26863	6	6	multitude	multitude	NOUN
fbem-26863	6	7	of	of	ADP
fbem-26863	6	8	challenges	challenge	NOUN
fbem-26863	6	9	,	,	PUNCT
fbem-26863	6	10	including	include	VERB
fbem-26863	6	11	the	the	DET
fbem-26863	6	12	continuous	continuous	ADJ
fbem-26863	6	13	increase	increase	NOUN
fbem-26863	6	14	in	in	ADP
fbem-26863	6	15	research	research	NOUN
fbem-26863	6	16	and	and	CCONJ
fbem-26863	6	17	development	development	NOUN
fbem-26863	6	18	costs	cost	NOUN
fbem-26863	6	19	,	,	PUNCT
fbem-26863	6	20	increasingly	increasingly	ADV
fbem-26863	6	21	fierce	fierce	ADJ
fbem-26863	6	22	market	market	NOUN
fbem-26863	6	23	competition	competition	NOUN
fbem-26863	6	24	,	,	PUNCT
fbem-26863	6	25	and	and	CCONJ
fbem-26863	6	26	frequent	frequent	ADJ
fbem-26863	6	27	changes	change	NOUN
fbem-26863	6	28	in	in	ADP
fbem-26863	6	29	the	the	DET
fbem-26863	6	30	policy	policy	NOUN
fbem-26863	6	31	environment	environment	NOUN
fbem-26863	6	32	.	.	PUNCT
fbem-26863	7	1	since	since	SCONJ
fbem-26863	7	2	2020	2020	NUM
fbem-26863	7	3	,	,	PUNCT
fbem-26863	7	4	the	the	DET
fbem-26863	7	5	number	number	NOUN
fbem-26863	7	6	of	of	ADP
fbem-26863	7	7	pharmaceutical	pharmaceutical	NOUN
fbem-26863	7	8	manufacturing	manufacturing	NOUN
fbem-26863	7	9	enterprises	enterprise	NOUN
fbem-26863	7	10	has	have	AUX
fbem-26863	7	11	grown	grow	VERB
fbem-26863	7	12	rapidly	rapidly	ADV
fbem-26863	7	13	;	;	PUNCT
fbem-26863	7	14	however	however	ADV
fbem-26863	7	15	,	,	PUNCT
fbem-26863	7	16	the	the	DET
fbem-26863	7	17	proportion	proportion	NOUN
fbem-26863	7	18	of	of	ADP
fbem-26863	7	19	loss	loss	NOUN
fbem-26863	7	20	-	-	PUNCT
fbem-26863	7	21	making	make	VERB
fbem-26863	7	22	companies	company	NOUN
fbem-26863	7	23	has	have	AUX
fbem-26863	7	24	also	also	ADV
fbem-26863	7	25	been	be	AUX
fbem-26863	7	26	rising	rise	VERB
fbem-26863	7	27	year	year	NOUN
fbem-26863	7	28	by	by	ADP
fbem-26863	7	29	year	year	NOUN
fbem-26863	7	30	,	,	PUNCT
fbem-26863	7	31	leading	lead	VERB
fbem-26863	7	32	to	to	ADP
fbem-26863	7	33	an	an	DET
fbem-26863	7	34	intensified	intensify	VERB
fbem-26863	7	35	degree	degree	NOUN
fbem-26863	7	36	of	of	ADP
fbem-26863	7	37	industry	industry	NOUN
fbem-26863	7	38	differentiation	differentiation	NOUN
fbem-26863	7	39	.	.	PUNCT
fbem-26863	8	1	according	accord	VERB
fbem-26863	8	2	to	to	ADP
fbem-26863	8	3	statistics	statistic	NOUN
fbem-26863	8	4	,	,	PUNCT
fbem-26863	8	5	by	by	ADP
fbem-26863	8	6	the	the	DET
fbem-26863	8	7	end	end	NOUN
fbem-26863	8	8	of	of	ADP
fbem-26863	8	9	2023	2023	NUM
fbem-26863	8	10	,	,	PUNCT
fbem-26863	8	11	the	the	DET
fbem-26863	8	12	number	number	NOUN
fbem-26863	8	13	of	of	ADP
fbem-26863	8	14	pharmaceutical	pharmaceutical	NOUN
fbem-26863	8	15	manufacturing	manufacturing	NOUN
fbem-26863	8	16	enterprises	enterprise	NOUN
fbem-26863	8	17	reached	reach	VERB
fbem-26863	8	18	9,412	9,412	NUM
fbem-26863	8	19	,	,	PUNCT
fbem-26863	8	20	an	an	DET
fbem-26863	8	21	increase	increase	NOUN
fbem-26863	8	22	of	of	ADP
fbem-26863	8	23	598	598	NUM
fbem-26863	8	24	compared	compare	VERB
fbem-26863	8	25	to	to	ADP
fbem-26863	8	26	the	the	DET
fbem-26863	8	27	previous	previous	ADJ
fbem-26863	8	28	year	year	NOUN
fbem-26863	8	29	;	;	PUNCT
fbem-26863	8	30	at	at	ADP
fbem-26863	8	31	the	the	DET
fbem-26863	8	32	same	same	ADJ
fbem-26863	8	33	time	time	NOUN
fbem-26863	8	34	,	,	PUNCT
fbem-26863	8	35	the	the	DET
fbem-26863	8	36	number	number	NOUN
fbem-26863	8	37	of	of	ADP
fbem-26863	8	38	loss	loss	NOUN
fbem-26863	8	39	-	-	PUNCT
fbem-26863	8	40	making	make	VERB
fbem-26863	8	41	enterprises	enterprise	NOUN
fbem-26863	8	42	stood	stand	VERB
fbem-26863	8	43	at	at	ADP
fbem-26863	8	44	2,325	2,325	NUM
fbem-26863	8	45	,	,	PUNCT
fbem-26863	8	46	an	an	DET
fbem-26863	8	47	increase	increase	NOUN
fbem-26863	8	48	of	of	ADP
fbem-26863	8	49	554	554	NUM
fbem-26863	8	50	compared	compare	VERB
fbem-26863	8	51	to	to	ADP
fbem-26863	8	52	the	the	DET
fbem-26863	8	53	previous	previous	ADJ
fbem-26863	8	54	year	year	NOUN
fbem-26863	8	55	.	.	PUNCT
fbem-26863	9	1	the	the	DET
fbem-26863	9	2	transformation	transformation	NOUN
fbem-26863	9	3	of	of	ADP
fbem-26863	9	4	pharmaceutical	pharmaceutical	ADJ
fbem-26863	9	5	companies	company	NOUN
fbem-26863	9	6	towards	towards	ADP
fbem-26863	9	7	a	a	DET
fbem-26863	9	8	light	light	ADJ
fbem-26863	9	9	asset	asset	NOUN
fbem-26863	9	10	operation	operation	NOUN
fbem-26863	9	11	model	model	NOUN
fbem-26863	9	12	has	have	AUX
fbem-26863	9	13	become	become	VERB
fbem-26863	9	14	a	a	DET
fbem-26863	9	15	major	major	ADJ
fbem-26863	9	16	trend	trend	NOUN
fbem-26863	9	17	under	under	ADP
fbem-26863	9	18	the	the	DET
fbem-26863	9	19	current	current	ADJ
fbem-26863	9	20	industry	industry	NOUN
fbem-26863	9	21	pressures	pressure	NOUN
fbem-26863	9	22	.	.	PUNCT
fbem-26863	10	1	tai	tai	PROPN
fbem-26863	10	2	long	long	ADJ
fbem-26863	10	3	pharmaceutical	pharmaceutical	NOUN
fbem-26863	10	4	has	have	AUX
fbem-26863	10	5	implemented	implement	VERB
fbem-26863	10	6	a	a	DET
fbem-26863	10	7	light	light	ADJ
fbem-26863	10	8	asset	asset	NOUN
fbem-26863	10	9	operation	operation	NOUN
fbem-26863	10	10	model	model	NOUN
fbem-26863	10	11	by	by	ADP
fbem-26863	10	12	constructing	construct	VERB
fbem-26863	10	13	a	a	DET
fbem-26863	10	14	full	full	ADJ
fbem-26863	10	15	industry	industry	NOUN
fbem-26863	10	16	chain	chain	NOUN
fbem-26863	10	17	pharmaceutical	pharmaceutical	NOUN
fbem-26863	10	18	research	research	PROPN
fbem-26863	10	19	and	and	CCONJ
fbem-26863	10	20	development	development	NOUN
fbem-26863	10	21	cxo	cxo	PROPN
fbem-26863	10	22	service	service	PROPN
fbem-26863	10	23	system	system	NOUN
fbem-26863	10	24	,	,	PUNCT
fbem-26863	10	25	providing	provide	VERB
fbem-26863	10	26	a	a	DET
fbem-26863	10	27	full	full	ADJ
fbem-26863	10	28	range	range	NOUN
fbem-26863	10	29	of	of	ADP
fbem-26863	10	30	services	service	NOUN
fbem-26863	10	31	from	from	ADP
fbem-26863	10	32	drug	drug	NOUN
fbem-26863	10	33	discovery	discovery	NOUN
fbem-26863	10	34	,	,	PUNCT
fbem-26863	10	35	and	and	CCONJ
fbem-26863	10	36	development	development	NOUN
fbem-26863	10	37	to	to	ADP
fbem-26863	10	38	production	production	NOUN
fbem-26863	10	39	.	.	PUNCT
fbem-26863	11	1	2	2	X
fbem-26863	11	2	.	.	X
fbem-26863	11	3	case	case	NOUN
fbem-26863	11	4	study	study	NOUN
fbem-26863	11	5	of	of	ADP
fbem-26863	11	6	tai	tai	PROPN
fbem-26863	11	7	long	long	ADJ
fbem-26863	11	8	pharmaceutical	pharmaceutical	PROPN
fbem-26863	11	9	2.1	2.1	NUM
fbem-26863	11	10	.	.	PUNCT
fbem-26863	11	11	introduction	introduction	NOUN
fbem-26863	11	12	to	to	ADP
fbem-26863	11	13	tai	tai	PROPN
fbem-26863	11	14	long	long	ADJ
fbem-26863	11	15	pharmaceutical	pharmaceutical	PROPN
fbem-26863	11	16	henan	henan	PROPN
fbem-26863	11	17	tai	tai	PROPN
fbem-26863	11	18	long	long	PROPN
fbem-26863	11	19	pharmaceutical	pharmaceutical	PROPN
fbem-26863	11	20	co.	co.	PROPN
fbem-26863	11	21	,	,	PUNCT
fbem-26863	11	22	ltd	ltd	PROPN
fbem-26863	11	23	.	.	PROPN
fbem-26863	12	1	(	(	PUNCT
fbem-26863	12	2	hereinafter	hereinafter	NOUN
fbem-26863	12	3	referred	refer	VERB
fbem-26863	12	4	to	to	ADP
fbem-26863	12	5	as	as	ADP
fbem-26863	12	6	"	"	PUNCT
fbem-26863	12	7	tai	tai	X
fbem-26863	12	8	long	long	ADJ
fbem-26863	12	9	pharmaceutical	pharmaceutical	NOUN
fbem-26863	12	10	"	"	PUNCT
fbem-26863	12	11	,	,	PUNCT
fbem-26863	12	12	stock	stock	NOUN
fbem-26863	12	13	code	code	PROPN
fbem-26863	12	14	600222	600222	NUM
fbem-26863	12	15	)	)	PUNCT
fbem-26863	12	16	,	,	PUNCT
fbem-26863	12	17	established	establish	VERB
fbem-26863	12	18	in	in	ADP
fbem-26863	12	19	1993	1993	NUM
fbem-26863	12	20	,	,	PUNCT
fbem-26863	12	21	is	be	AUX
fbem-26863	12	22	a	a	DET
fbem-26863	12	23	modern	modern	ADJ
fbem-26863	12	24	pharmaceutical	pharmaceutical	NOUN
fbem-26863	12	25	enterprise	enterprise	NOUN
fbem-26863	12	26	integrating	integrate	VERB
fbem-26863	12	27	scientific	scientific	ADJ
fbem-26863	12	28	research	research	NOUN
fbem-26863	12	29	,	,	PUNCT
fbem-26863	12	30	cultivation	cultivation	NOUN
fbem-26863	12	31	,	,	PUNCT
fbem-26863	12	32	production	production	NOUN
fbem-26863	12	33	,	,	PUNCT
fbem-26863	12	34	and	and	CCONJ
fbem-26863	12	35	sales	sale	NOUN
fbem-26863	12	36	.	.	PUNCT
fbem-26863	13	1	it	it	PRON
fbem-26863	13	2	went	go	VERB
fbem-26863	13	3	public	public	ADJ
fbem-26863	13	4	on	on	ADP
fbem-26863	13	5	the	the	DET
fbem-26863	13	6	shanghai	shanghai	PROPN
fbem-26863	13	7	stock	stock	PROPN
fbem-26863	13	8	exchange	exchange	PROPN
fbem-26863	13	9	in	in	ADP
fbem-26863	13	10	1999	1999	NUM
fbem-26863	13	11	,	,	PUNCT
fbem-26863	13	12	becoming	become	VERB
fbem-26863	13	13	the	the	DET
fbem-26863	13	14	first	first	ADJ
fbem-26863	13	15	listed	list	VERB
fbem-26863	13	16	company	company	NOUN
fbem-26863	13	17	in	in	ADP
fbem-26863	13	18	the	the	DET
fbem-26863	13	19	henan	henan	PROPN
fbem-26863	13	20	pharmaceutical	pharmaceutical	NOUN
fbem-26863	13	21	industry	industry	NOUN
fbem-26863	13	22	.	.	PUNCT
fbem-26863	14	1	the	the	DET
fbem-26863	14	2	company	company	NOUN
fbem-26863	14	3	's	's	PART
fbem-26863	14	4	core	core	NOUN
fbem-26863	14	5	business	business	NOUN
fbem-26863	14	6	encompasses	encompass	VERB
fbem-26863	14	7	pharmaceutical	pharmaceutical	ADJ
fbem-26863	14	8	manufacturing	manufacturing	NOUN
fbem-26863	14	9	and	and	CCONJ
fbem-26863	14	10	pharmaceutical	pharmaceutical	NOUN
fbem-26863	14	11	research	research	NOUN
fbem-26863	14	12	and	and	CCONJ
fbem-26863	14	13	development	development	NOUN
fbem-26863	14	14	services	service	NOUN
fbem-26863	14	15	,	,	PUNCT
fbem-26863	14	16	covering	cover	VERB
fbem-26863	14	17	four	four	NUM
fbem-26863	14	18	major	major	ADJ
fbem-26863	14	19	areas	area	NOUN
fbem-26863	14	20	:	:	PUNCT
fbem-26863	14	21	drug	drug	NOUN
fbem-26863	14	22	preparation	preparation	NOUN
fbem-26863	14	23	,	,	PUNCT
fbem-26863	14	24	traditional	traditional	ADJ
fbem-26863	14	25	chinese	chinese	ADJ
fbem-26863	14	26	medicine	medicine	NOUN
fbem-26863	14	27	pieces	piece	NOUN
fbem-26863	14	28	,	,	PUNCT
fbem-26863	14	29	drug	drug	NOUN
fbem-26863	14	30	research	research	NOUN
fbem-26863	14	31	and	and	CCONJ
fbem-26863	14	32	development	development	NOUN
fbem-26863	14	33	services	service	NOUN
fbem-26863	14	34	,	,	PUNCT
fbem-26863	14	35	and	and	CCONJ
fbem-26863	14	36	drug	drug	NOUN
fbem-26863	14	37	material	material	NOUN
fbem-26863	14	38	distribution	distribution	NOUN
fbem-26863	14	39	.	.	PUNCT
fbem-26863	15	1	the	the	DET
fbem-26863	15	2	company	company	NOUN
fbem-26863	15	3	boasts	boast	VERB
fbem-26863	15	4	a	a	DET
fbem-26863	15	5	rich	rich	ADJ
fbem-26863	15	6	product	product	NOUN
fbem-26863	15	7	portfolio	portfolio	NOUN
fbem-26863	15	8	,	,	PUNCT
fbem-26863	15	9	with	with	ADP
fbem-26863	15	10	a	a	DET
fbem-26863	15	11	focus	focus	NOUN
fbem-26863	15	12	on	on	ADP
fbem-26863	15	13	heat	heat	NOUN
fbem-26863	15	14	-	-	PUNCT
fbem-26863	15	15	clearing	clearing	NOUN
fbem-26863	15	16	and	and	CCONJ
fbem-26863	15	17	detoxifying	detoxify	VERB
fbem-26863	15	18	traditional	traditional	ADJ
fbem-26863	15	19	chinese	chinese	ADJ
fbem-26863	15	20	medicines	medicine	NOUN
fbem-26863	15	21	,	,	PUNCT
fbem-26863	15	22	such	such	ADJ
fbem-26863	15	23	as	as	ADP
fbem-26863	15	24	the	the	DET
fbem-26863	15	25	shuanghuanglian	shuanghuanglian	ADJ
fbem-26863	15	26	series	series	NOUN
fbem-26863	15	27	,	,	PUNCT
fbem-26863	15	28	shuangjinlian	shuangjinlian	PROPN
fbem-26863	15	29	compound	compound	PROPN
fbem-26863	15	30	preparation	preparation	NOUN
fbem-26863	15	31	,	,	PUNCT
fbem-26863	15	32	and	and	CCONJ
fbem-26863	15	33	heatclearing	heatcleare	VERB
fbem-26863	15	34	and	and	CCONJ
fbem-26863	15	35	detoxifying	detoxify	VERB
fbem-26863	15	36	oral	oral	ADJ
fbem-26863	15	37	liquid	liquid	NOUN
fbem-26863	15	38	.	.	PUNCT
fbem-26863	16	1	after	after	ADP
fbem-26863	16	2	years	year	NOUN
fbem-26863	16	3	of	of	ADP
fbem-26863	16	4	effort	effort	NOUN
fbem-26863	16	5	,	,	PUNCT
fbem-26863	16	6	the	the	DET
fbem-26863	16	7	company	company	NOUN
fbem-26863	16	8	has	have	AUX
fbem-26863	16	9	indirectly	indirectly	ADV
fbem-26863	16	10	invested	invest	VERB
fbem-26863	16	11	in	in	ADP
fbem-26863	16	12	and	and	CCONJ
fbem-26863	16	13	controlled	control	VERB
fbem-26863	16	14	a	a	DET
fbem-26863	16	15	number	number	NOUN
fbem-26863	16	16	of	of	ADP
fbem-26863	16	17	subsidiaries	subsidiary	NOUN
fbem-26863	16	18	and	and	CCONJ
fbem-26863	16	19	branches	branch	NOUN
fbem-26863	16	20	,	,	PUNCT
fbem-26863	16	21	with	with	ADP
fbem-26863	16	22	business	business	NOUN
fbem-26863	16	23	scope	scope	NOUN
fbem-26863	16	24	extending	extend	VERB
fbem-26863	16	25	to	to	ADP
fbem-26863	16	26	various	various	ADJ
fbem-26863	16	27	fields	field	NOUN
fbem-26863	16	28	including	include	VERB
fbem-26863	16	29	pharmaceutical	pharmaceutical	NOUN
fbem-26863	16	30	manufacturing	manufacturing	NOUN
fbem-26863	16	31	,	,	PUNCT
fbem-26863	16	32	drug	drug	NOUN
fbem-26863	16	33	research	research	NOUN
fbem-26863	16	34	and	and	CCONJ
fbem-26863	16	35	development	development	NOUN
fbem-26863	16	36	,	,	PUNCT
fbem-26863	16	37	and	and	CCONJ
fbem-26863	16	38	capital	capital	NOUN
fbem-26863	16	39	operations	operation	NOUN
fbem-26863	16	40	.	.	PUNCT
fbem-26863	17	1	2.2	2.2	NUM
fbem-26863	17	2	.	.	PUNCT
fbem-26863	18	1	analysis	analysis	NOUN
fbem-26863	18	2	of	of	ADP
fbem-26863	18	3	tai	tai	PROPN
fbem-26863	18	4	long	long	ADJ
fbem-26863	18	5	pharmaceutical	pharmaceutical	PROPN
fbem-26863	18	6	's	's	PART
fbem-26863	18	7	cxo	cxo	PROPN
fbem-26863	18	8	light	light	PROPN
fbem-26863	18	9	asset	asset	NOUN
fbem-26863	18	10	operation	operation	NOUN
fbem-26863	18	11	model	model	NOUN
fbem-26863	18	12	layout	layout	VERB
fbem-26863	18	13	the	the	DET
fbem-26863	18	14	research	research	NOUN
fbem-26863	18	15	and	and	CCONJ
fbem-26863	18	16	development	development	NOUN
fbem-26863	18	17	of	of	ADP
fbem-26863	18	18	new	new	ADJ
fbem-26863	18	19	drugs	drug	NOUN
fbem-26863	18	20	,	,	PUNCT
fbem-26863	18	21	characterized	characterize	VERB
fbem-26863	18	22	by	by	ADP
fbem-26863	18	23	high	high	ADJ
fbem-26863	18	24	risk	risk	NOUN
fbem-26863	18	25	,	,	PUNCT
fbem-26863	18	26	long	long	ADJ
fbem-26863	18	27	cycle	cycle	NOUN
fbem-26863	18	28	,	,	PUNCT
fbem-26863	18	29	and	and	CCONJ
fbem-26863	18	30	high	high	ADJ
fbem-26863	18	31	cost	cost	NOUN
fbem-26863	18	32	,	,	PUNCT
fbem-26863	18	33	often	often	ADV
fbem-26863	18	34	leads	lead	VERB
fbem-26863	18	35	pharmaceutical	pharmaceutical	ADJ
fbem-26863	18	36	companies	company	NOUN
fbem-26863	18	37	to	to	PART
fbem-26863	18	38	outsource	outsource	VERB
fbem-26863	18	39	non	non	ADJ
fbem-26863	18	40	-	-	ADJ
fbem-26863	18	41	core	core	ADJ
fbem-26863	18	42	r&d	r&d	NOUN
fbem-26863	18	43	and	and	CCONJ
fbem-26863	18	44	production	production	NOUN
fbem-26863	18	45	to	to	ADP
fbem-26863	18	46	cxo	cxo	PROPN
fbem-26863	18	47	companies	company	NOUN
fbem-26863	18	48	.	.	PUNCT
fbem-26863	19	1	cxo	cxo	PROPN
fbem-26863	19	2	covers	cover	VERB
fbem-26863	19	3	the	the	DET
fbem-26863	19	4	entire	entire	ADJ
fbem-26863	19	5	chain	chain	NOUN
fbem-26863	19	6	of	of	ADP
fbem-26863	19	7	drug	drug	NOUN
fbem-26863	19	8	research	research	NOUN
fbem-26863	19	9	and	and	CCONJ
fbem-26863	19	10	development	development	NOUN
fbem-26863	19	11	,	,	PUNCT
fbem-26863	19	12	production	production	NOUN
fbem-26863	19	13	,	,	PUNCT
fbem-26863	19	14	and	and	CCONJ
fbem-26863	19	15	sales	sale	NOUN
fbem-26863	19	16	,	,	PUNCT
fbem-26863	19	17	with	with	ADP
fbem-26863	19	18	the	the	DET
fbem-26863	19	19	main	main	ADJ
fbem-26863	19	20	market	market	NOUN
fbem-26863	19	21	divided	divide	VERB
fbem-26863	19	22	into	into	ADP
fbem-26863	19	23	cro	cro	NOUN
fbem-26863	19	24	(	(	PUNCT
fbem-26863	19	25	research	research	NOUN
fbem-26863	19	26	and	and	CCONJ
fbem-26863	19	27	development	development	NOUN
fbem-26863	19	28	outsourcing	outsourcing	NOUN
fbem-26863	19	29	)	)	PUNCT
fbem-26863	19	30	and	and	CCONJ
fbem-26863	19	31	cmo	cmo	NOUN
fbem-26863	19	32	/	/	SYM
fbem-26863	19	33	cdmo	cdmo	NOUN
fbem-26863	19	34	(	(	PUNCT
fbem-26863	19	35	production	production	NOUN
fbem-26863	19	36	outsourcing	outsourcing	NOUN
fbem-26863	19	37	)	)	PUNCT
fbem-26863	19	38	.	.	PUNCT
fbem-26863	20	1	in	in	ADP
fbem-26863	20	2	terms	term	NOUN
fbem-26863	20	3	of	of	ADP
fbem-26863	20	4	segments	segment	NOUN
fbem-26863	20	5	,	,	PUNCT
fbem-26863	20	6	preclinical	preclinical	ADJ
fbem-26863	20	7	cro	cro	NOUN
fbem-26863	20	8	,	,	PUNCT
fbem-26863	20	9	clinical	clinical	ADJ
fbem-26863	20	10	cro	cro	NOUN
fbem-26863	20	11	,	,	PUNCT
fbem-26863	20	12	and	and	CCONJ
fbem-26863	20	13	laboratory	laboratory	NOUN
fbem-26863	20	14	are	be	AUX
fbem-26863	20	15	light	light	ADJ
fbem-26863	20	16	asset	asset	NOUN
fbem-26863	20	17	operation	operation	NOUN
fbem-26863	20	18	models	model	NOUN
fbem-26863	20	19	,	,	PUNCT
fbem-26863	20	20	while	while	SCONJ
fbem-26863	20	21	cmo	cmo	ADJ
fbem-26863	20	22	and	and	CCONJ
fbem-26863	20	23	factory	factory	NOUN
fbem-26863	20	24	cmo	cmo	NOUN
fbem-26863	20	25	/	/	SYM
fbem-26863	20	26	cdmo	cdmo	NOUN
fbem-26863	20	27	require	require	VERB
fbem-26863	20	28	a	a	DET
fbem-26863	20	29	substantial	substantial	ADJ
fbem-26863	20	30	initial	initial	ADJ
fbem-26863	20	31	investment	investment	NOUN
fbem-26863	20	32	and	and	CCONJ
fbem-26863	20	33	ongoing	ongoing	ADJ
fbem-26863	20	34	capital	capital	NOUN
fbem-26863	20	35	input	input	NOUN
fbem-26863	20	36	for	for	ADP
fbem-26863	20	37	capacity	capacity	NOUN
fbem-26863	20	38	expansion	expansion	NOUN
fbem-26863	20	39	.	.	PUNCT
fbem-26863	21	1	tai	tai	PROPN
fbem-26863	21	2	long	long	ADJ
fbem-26863	21	3	pharmaceutical	pharmaceutical	NOUN
fbem-26863	21	4	,	,	PUNCT
fbem-26863	21	5	however	however	ADV
fbem-26863	21	6	,	,	PUNCT
fbem-26863	21	7	has	have	AUX
fbem-26863	21	8	achieved	achieve	VERB
fbem-26863	21	9	a	a	DET
fbem-26863	21	10	full	full	ADJ
fbem-26863	21	11	-	-	PUNCT
fbem-26863	21	12	chain	chain	NOUN
fbem-26863	21	13	light	light	NOUN
fbem-26863	21	14	asset	asset	NOUN
fbem-26863	21	15	operation	operation	NOUN
fbem-26863	21	16	model	model	NOUN
fbem-26863	21	17	.	.	PUNCT
fbem-26863	22	1	tai	tai	PROPN
fbem-26863	22	2	long	long	ADJ
fbem-26863	22	3	pharmaceutical	pharmaceutical	NOUN
fbem-26863	22	4	began	begin	VERB
fbem-26863	22	5	to	to	PART
fbem-26863	22	6	implement	implement	VERB
fbem-26863	22	7	the	the	DET
fbem-26863	22	8	cro	cro	NOUN
fbem-26863	22	9	strategy	strategy	NOUN
fbem-26863	22	10	in	in	ADP
fbem-26863	22	11	2014	2014	NUM
fbem-26863	22	12	by	by	ADP
fbem-26863	22	13	acquiring	acquire	VERB
fbem-26863	22	14	and	and	CCONJ
fbem-26863	22	15	cooperating	cooperate	VERB
fbem-26863	22	16	to	to	PART
fbem-26863	22	17	build	build	VERB
fbem-26863	22	18	a	a	DET
fbem-26863	22	19	complete	complete	ADJ
fbem-26863	22	20	industry	industry	NOUN
fbem-26863	22	21	chain	chain	NOUN
fbem-26863	22	22	service	service	NOUN
fbem-26863	22	23	system	system	NOUN
fbem-26863	22	24	.	.	PUNCT
fbem-26863	23	1	the	the	DET
fbem-26863	23	2	specific	specific	ADJ
fbem-26863	23	3	steps	step	NOUN
fbem-26863	23	4	are	be	AUX
fbem-26863	23	5	as	as	SCONJ
fbem-26863	23	6	follows	follow	VERB
fbem-26863	23	7	:	:	PUNCT
fbem-26863	23	8	in	in	ADP
fbem-26863	23	9	2014	2014	NUM
fbem-26863	23	10	,	,	PUNCT
fbem-26863	23	11	tai	tai	PROPN
fbem-26863	23	12	long	long	ADJ
fbem-26863	23	13	pharmaceutical	pharmaceutical	NOUN
fbem-26863	23	14	acquired	acquire	VERB
fbem-26863	23	15	tongjun	tongjun	NOUN
fbem-26863	23	16	hall	hall	NOUN
fbem-26863	23	17	and	and	CCONJ
fbem-26863	23	18	xin	xin	PROPN
fbem-26863	23	19	lingxian	lingxian	PROPN
fbem-26863	23	20	,	,	PUNCT
fbem-26863	23	21	opening	open	VERB
fbem-26863	23	22	up	up	ADP
fbem-26863	23	23	the	the	DET
fbem-26863	23	24	sales	sale	NOUN
fbem-26863	23	25	chain	chain	NOUN
fbem-26863	23	26	and	and	CCONJ
fbem-26863	23	27	expanding	expand	VERB
fbem-26863	23	28	the	the	DET
fbem-26863	23	29	cro	cro	NOUN
fbem-26863	23	30	business	business	NOUN
fbem-26863	23	31	;	;	PUNCT
fbem-26863	23	32	in	in	ADP
fbem-26863	23	33	2015	2015	NUM
fbem-26863	23	34	,	,	PUNCT
fbem-26863	23	35	xin	xin	PROPN
fbem-26863	23	36	lingxian	lingxian	PROPN
fbem-26863	23	37	's	's	PART
fbem-26863	23	38	subsidiary	subsidiary	NOUN
fbem-26863	23	39	,	,	PUNCT
fbem-26863	23	40	deep	deep	ADJ
fbem-26863	23	41	blue	blue	PROPN
fbem-26863	23	42	sea	sea	NOUN
fbem-26863	23	43	,	,	PUNCT
fbem-26863	23	44	started	start	VERB
fbem-26863	23	45	the	the	DET
fbem-26863	23	46	cro	cro	NOUN
fbem-26863	23	47	business	business	NOUN
fbem-26863	23	48	to	to	PART
fbem-26863	23	49	provide	provide	VERB
fbem-26863	23	50	clinical	clinical	ADJ
fbem-26863	23	51	trials	trial	NOUN
fbem-26863	23	52	and	and	CCONJ
fbem-26863	23	53	related	related	ADJ
fbem-26863	23	54	services	service	NOUN
fbem-26863	23	55	;	;	PUNCT
fbem-26863	23	56	from	from	ADP
fbem-26863	23	57	2016	2016	NUM
fbem-26863	23	58	to	to	ADP
fbem-26863	23	59	2020	2020	NUM
fbem-26863	23	60	,	,	PUNCT
fbem-26863	23	61	tai	tai	PROPN
fbem-26863	23	62	long	long	ADJ
fbem-26863	23	63	pharmaceutical	pharmaceutical	NOUN
fbem-26863	23	64	cooperated	cooperate	VERB
fbem-26863	23	65	with	with	ADP
fbem-26863	23	66	several	several	ADJ
fbem-26863	23	67	well	well	ADV
fbem-26863	23	68	-	-	PUNCT
fbem-26863	23	69	known	know	VERB
fbem-26863	23	70	universities	university	NOUN
fbem-26863	23	71	and	and	CCONJ
fbem-26863	23	72	technology	technology	NOUN
fbem-26863	23	73	companies	company	NOUN
fbem-26863	23	74	to	to	PART
fbem-26863	23	75	introduce	introduce	VERB
fbem-26863	23	76	high	high	ADJ
fbem-26863	23	77	-	-	PUNCT
fbem-26863	23	78	end	end	NOUN
fbem-26863	23	79	talents	talent	NOUN
fbem-26863	23	80	;	;	PUNCT
fbem-26863	23	81	in	in	ADP
fbem-26863	23	82	2021	2021	NUM
fbem-26863	23	83	,	,	PUNCT
fbem-26863	23	84	xin	xin	PROPN
fbem-26863	23	85	lingxian	lingxian	PROPN
fbem-26863	23	86	formed	form	VERB
fbem-26863	23	87	a	a	DET
fbem-26863	23	88	cxo	cxo	PROPN
fbem-26863	23	89	system	system	NOUN
fbem-26863	23	90	and	and	CCONJ
fbem-26863	23	91	completed	complete	VERB
fbem-26863	23	92	the	the	DET
fbem-26863	23	93	equipment	equipment	NOUN
fbem-26863	23	94	commissioning	commissioning	NOUN
fbem-26863	23	95	of	of	ADP
fbem-26863	23	96	small	small	ADJ
fbem-26863	23	97	molecule	molecule	NOUN
fbem-26863	23	98	cdmo	cdmo	NOUN
fbem-26863	23	99	.	.	PUNCT
fbem-26863	24	1	xin	xin	PROPN
fbem-26863	24	2	lingxian	lingxian	PROPN
fbem-26863	24	3	adhered	adhere	VERB
fbem-26863	24	4	to	to	ADP
fbem-26863	24	5	the	the	DET
fbem-26863	24	6	light	light	ADJ
fbem-26863	24	7	asset	asset	NOUN
fbem-26863	24	8	operation	operation	NOUN
fbem-26863	24	9	model	model	NOUN
fbem-26863	24	10	and	and	CCONJ
fbem-26863	24	11	established	establish	VERB
fbem-26863	24	12	an	an	DET
fbem-26863	24	13	mah	mah	NOUN
fbem-26863	24	14	company	company	NOUN
fbem-26863	24	15	to	to	PART
fbem-26863	24	16	utilize	utilize	VERB
fbem-26863	24	17	the	the	DET
fbem-26863	24	18	existing	exist	VERB
fbem-26863	24	19	production	production	NOUN
fbem-26863	24	20	capacity	capacity	NOUN
fbem-26863	24	21	and	and	CCONJ
fbem-26863	24	22	layout	layout	NOUN
fbem-26863	24	23	in	in	ADP
fbem-26863	24	24	the	the	DET
fbem-26863	24	25	cdmo	cdmo	ADJ
fbem-26863	24	26	field	field	NOUN
fbem-26863	24	27	.	.	PUNCT
fbem-26863	25	1	deep	deep	ADJ
fbem-26863	25	2	blue	blue	PROPN
fbem-26863	25	3	sea	sea	NOUN
fbem-26863	25	4	participated	participate	VERB
fbem-26863	25	5	in	in	ADP
fbem-26863	25	6	the	the	DET
fbem-26863	25	7	establishment	establishment	NOUN
fbem-26863	25	8	of	of	ADP
fbem-26863	25	9	a	a	DET
fbem-26863	25	10	light	light	ADJ
fbem-26863	25	11	asset	asset	NOUN
fbem-26863	25	12	operation	operation	NOUN
fbem-26863	25	13	model	model	NOUN
fbem-26863	25	14	,	,	PUNCT
fbem-26863	25	15	pan	pan	PROPN
fbem-26863	25	16	rui	rui	PROPN
fbem-26863	25	17	pharmaceutical	pharmaceutical	PROPN
fbem-26863	25	18	,	,	PUNCT
fbem-26863	25	19	to	to	PART
fbem-26863	25	20	carry	carry	VERB
fbem-26863	25	21	out	out	ADP
fbem-26863	25	22	small	small	ADJ
fbem-26863	25	23	molecule	molecule	NOUN
fbem-26863	25	24	cdmo	cdmo	NOUN
fbem-26863	25	25	business	business	NOUN
fbem-26863	25	26	;	;	PUNCT
fbem-26863	25	27	in	in	ADP
fbem-26863	25	28	2022	2022	NUM
fbem-26863	25	29	,	,	PUNCT
fbem-26863	25	30	the	the	DET
fbem-26863	25	31	company	company	NOUN
fbem-26863	25	32	accelerated	accelerate	VERB
fbem-26863	25	33	the	the	DET
fbem-26863	25	34	construction	construction	NOUN
fbem-26863	25	35	of	of	ADP
fbem-26863	25	36	diversified	diversified	ADJ
fbem-26863	25	37	drug	drug	NOUN
fbem-26863	25	38	research	research	NOUN
fbem-26863	25	39	and	and	CCONJ
fbem-26863	25	40	201	201	NUM
fbem-26863	25	41	development	development	NOUN
fbem-26863	25	42	technology	technology	NOUN
fbem-26863	25	43	and	and	CCONJ
fbem-26863	25	44	research	research	NOUN
fbem-26863	25	45	branches	branch	NOUN
fbem-26863	25	46	in	in	ADP
fbem-26863	25	47	various	various	ADJ
fbem-26863	25	48	places	place	NOUN
fbem-26863	25	49	;	;	PUNCT
fbem-26863	25	50	in	in	ADP
fbem-26863	25	51	2023	2023	NUM
fbem-26863	25	52	,	,	PUNCT
fbem-26863	25	53	tai	tai	PROPN
fbem-26863	25	54	long	long	ADJ
fbem-26863	25	55	pharmaceutical	pharmaceutical	NOUN
fbem-26863	25	56	accelerated	accelerate	VERB
fbem-26863	25	57	the	the	DET
fbem-26863	25	58	creation	creation	NOUN
fbem-26863	25	59	of	of	ADP
fbem-26863	25	60	a	a	DET
fbem-26863	25	61	full	full	ADJ
fbem-26863	25	62	industry	industry	NOUN
fbem-26863	25	63	chain	chain	NOUN
fbem-26863	25	64	cxo	cxo	PROPN
fbem-26863	25	65	service	service	PROPN
fbem-26863	25	66	system	system	NOUN
fbem-26863	25	67	through	through	ADP
fbem-26863	25	68	investment	investment	NOUN
fbem-26863	25	69	and	and	CCONJ
fbem-26863	25	70	cooperation	cooperation	NOUN
fbem-26863	25	71	,	,	PUNCT
fbem-26863	25	72	and	and	CCONJ
fbem-26863	25	73	increased	increase	VERB
fbem-26863	25	74	independent	independent	ADJ
fbem-26863	25	75	project	project	NOUN
fbem-26863	25	76	initiation	initiation	NOUN
fbem-26863	25	77	to	to	PART
fbem-26863	25	78	expand	expand	VERB
fbem-26863	25	79	its	its	PRON
fbem-26863	25	80	product	product	NOUN
fbem-26863	25	81	reserves	reserve	NOUN
fbem-26863	25	82	and	and	CCONJ
fbem-26863	25	83	enhance	enhance	VERB
fbem-26863	25	84	the	the	DET
fbem-26863	25	85	overall	overall	ADJ
fbem-26863	25	86	strength	strength	NOUN
fbem-26863	25	87	of	of	ADP
fbem-26863	25	88	the	the	DET
fbem-26863	25	89	cxo	cxo	PROPN
fbem-26863	25	90	system	system	NOUN
fbem-26863	25	91	.	.	PUNCT
fbem-26863	26	1	tai	tai	PROPN
fbem-26863	26	2	long	long	ADJ
fbem-26863	26	3	pharmaceutical	pharmaceutical	NOUN
fbem-26863	26	4	,	,	PUNCT
fbem-26863	26	5	relying	rely	VERB
fbem-26863	26	6	on	on	ADP
fbem-26863	26	7	government	government	NOUN
fbem-26863	26	8	park	park	NOUN
fbem-26863	26	9	planning	planning	NOUN
fbem-26863	26	10	,	,	PUNCT
fbem-26863	26	11	has	have	AUX
fbem-26863	26	12	expanded	expand	VERB
fbem-26863	26	13	its	its	PRON
fbem-26863	26	14	research	research	NOUN
fbem-26863	26	15	and	and	CCONJ
fbem-26863	26	16	development	development	NOUN
fbem-26863	26	17	platform	platform	NOUN
fbem-26863	26	18	capacity	capacity	NOUN
fbem-26863	26	19	in	in	ADP
fbem-26863	26	20	zhengzhou	zhengzhou	PROPN
fbem-26863	26	21	through	through	ADP
fbem-26863	26	22	investment	investment	NOUN
fbem-26863	26	23	and	and	CCONJ
fbem-26863	26	24	incubation	incubation	NOUN
fbem-26863	26	25	,	,	PUNCT
fbem-26863	26	26	and	and	CCONJ
fbem-26863	26	27	co	co	VERB
fbem-26863	26	28	-	-	VERB
fbem-26863	26	29	built	build	VERB
fbem-26863	26	30	a	a	DET
fbem-26863	26	31	research	research	NOUN
fbem-26863	26	32	institute	institute	NOUN
fbem-26863	26	33	with	with	ADP
fbem-26863	26	34	chongqing	chongqing	PROPN
fbem-26863	26	35	yongchuan	yongchuan	PROPN
fbem-26863	26	36	district	district	PROPN
fbem-26863	26	37	.	.	PUNCT
fbem-26863	27	1	the	the	DET
fbem-26863	27	2	company	company	NOUN
fbem-26863	27	3	has	have	AUX
fbem-26863	27	4	collaborated	collaborate	VERB
fbem-26863	27	5	with	with	ADP
fbem-26863	27	6	universities	university	NOUN
fbem-26863	27	7	such	such	ADJ
fbem-26863	27	8	as	as	ADP
fbem-26863	27	9	china	china	PROPN
fbem-26863	27	10	pharmaceutical	pharmaceutical	PROPN
fbem-26863	27	11	university	university	PROPN
fbem-26863	27	12	to	to	PART
fbem-26863	27	13	establish	establish	VERB
fbem-26863	27	14	laboratories	laboratory	NOUN
fbem-26863	27	15	and	and	CCONJ
fbem-26863	27	16	has	have	AUX
fbem-26863	27	17	co	co	VERB
fbem-26863	27	18	-	-	VERB
fbem-26863	27	19	built	build	VERB
fbem-26863	27	20	technical	technical	ADJ
fbem-26863	27	21	platforms	platform	NOUN
fbem-26863	27	22	with	with	ADP
fbem-26863	27	23	companies	company	NOUN
fbem-26863	27	24	like	like	ADP
fbem-26863	27	25	shimadzu	shimadzu	NOUN
fbem-26863	27	26	and	and	CCONJ
fbem-26863	27	27	thermo	thermo	NOUN
fbem-26863	27	28	fisher	fisher	PROPN
fbem-26863	27	29	,	,	PUNCT
fbem-26863	27	30	forming	form	VERB
fbem-26863	27	31	a	a	DET
fbem-26863	27	32	high	high	ADJ
fbem-26863	27	33	-	-	PUNCT
fbem-26863	27	34	level	level	NOUN
fbem-26863	27	35	technical	technical	ADJ
fbem-26863	27	36	team	team	NOUN
fbem-26863	27	37	and	and	CCONJ
fbem-26863	27	38	joint	joint	ADJ
fbem-26863	27	39	laboratories	laboratory	NOUN
fbem-26863	27	40	,	,	PUNCT
fbem-26863	27	41	gathering	gather	VERB
fbem-26863	27	42	top	top	ADJ
fbem-26863	27	43	r&d	r&d	NOUN
fbem-26863	27	44	talents	talent	NOUN
fbem-26863	27	45	,	,	PUNCT
fbem-26863	27	46	and	and	CCONJ
fbem-26863	27	47	mastering	master	VERB
fbem-26863	27	48	core	core	NOUN
fbem-26863	27	49	technologies	technology	NOUN
fbem-26863	27	50	.	.	PUNCT
fbem-26863	28	1	through	through	ADP
fbem-26863	28	2	these	these	DET
fbem-26863	28	3	measures	measure	NOUN
fbem-26863	28	4	,	,	PUNCT
fbem-26863	28	5	the	the	DET
fbem-26863	28	6	company	company	NOUN
fbem-26863	28	7	has	have	AUX
fbem-26863	28	8	rapidly	rapidly	ADV
fbem-26863	28	9	absorbed	absorb	VERB
fbem-26863	28	10	innovative	innovative	ADJ
fbem-26863	28	11	technologies	technology	NOUN
fbem-26863	28	12	,	,	PUNCT
fbem-26863	28	13	introduced	introduce	VERB
fbem-26863	28	14	cutting	cutting	NOUN
fbem-26863	28	15	-	-	PUNCT
fbem-26863	28	16	edge	edge	NOUN
fbem-26863	28	17	products	product	NOUN
fbem-26863	28	18	,	,	PUNCT
fbem-26863	28	19	and	and	CCONJ
fbem-26863	28	20	developed	develop	VERB
fbem-26863	28	21	new	new	ADJ
fbem-26863	28	22	markets	market	NOUN
fbem-26863	28	23	,	,	PUNCT
fbem-26863	28	24	making	make	VERB
fbem-26863	28	25	full	full	ADJ
fbem-26863	28	26	use	use	NOUN
fbem-26863	28	27	of	of	ADP
fbem-26863	28	28	external	external	ADJ
fbem-26863	28	29	resources	resource	NOUN
fbem-26863	28	30	to	to	PART
fbem-26863	28	31	implement	implement	VERB
fbem-26863	28	32	a	a	DET
fbem-26863	28	33	light	light	ADJ
fbem-26863	28	34	asset	asset	NOUN
fbem-26863	28	35	model	model	NOUN
fbem-26863	28	36	for	for	ADP
fbem-26863	28	37	rapid	rapid	ADJ
fbem-26863	28	38	expansion	expansion	NOUN
fbem-26863	28	39	.	.	PUNCT
fbem-26863	29	1	2.3	2.3	NUM
fbem-26863	29	2	.	.	PUNCT
fbem-26863	30	1	financial	financial	ADJ
fbem-26863	30	2	characteristics	characteristic	NOUN
fbem-26863	30	3	of	of	ADP
fbem-26863	30	4	tai	tai	PROPN
fbem-26863	30	5	long	long	ADJ
fbem-26863	30	6	pharmaceutical	pharmaceutical	NOUN
fbem-26863	30	7	's	's	PART
fbem-26863	30	8	light	light	ADJ
fbem-26863	30	9	asset	asset	NOUN
fbem-26863	30	10	operation	operation	NOUN
fbem-26863	30	11	modell	modell	PROPN
fbem-26863	30	12	2.3.1	2.3.1	NUM
fbem-26863	30	13	.	.	PUNCT
fbem-26863	30	14	low	low	ADJ
fbem-26863	30	15	proportion	proportion	NOUN
fbem-26863	30	16	of	of	ADP
fbem-26863	30	17	fixed	fix	VERB
fbem-26863	30	18	assets	asset	NOUN
fbem-26863	30	19	the	the	DET
fbem-26863	30	20	proportion	proportion	NOUN
fbem-26863	30	21	of	of	ADP
fbem-26863	30	22	fixed	fix	VERB
fbem-26863	30	23	assets	asset	NOUN
fbem-26863	30	24	is	be	AUX
fbem-26863	30	25	an	an	DET
fbem-26863	30	26	important	important	ADJ
fbem-26863	30	27	criterion	criterion	NOUN
fbem-26863	30	28	for	for	ADP
fbem-26863	30	29	judging	judge	VERB
fbem-26863	30	30	whether	whether	SCONJ
fbem-26863	30	31	a	a	DET
fbem-26863	30	32	company	company	NOUN
fbem-26863	30	33	adopts	adopt	VERB
fbem-26863	30	34	a	a	DET
fbem-26863	30	35	light	light	ADJ
fbem-26863	30	36	asset	asset	NOUN
fbem-26863	30	37	operation	operation	NOUN
fbem-26863	30	38	model	model	NOUN
fbem-26863	30	39	.	.	PUNCT
fbem-26863	31	1	generally	generally	ADV
fbem-26863	31	2	speaking	speak	VERB
fbem-26863	31	3	,	,	PUNCT
fbem-26863	31	4	if	if	SCONJ
fbem-26863	31	5	the	the	DET
fbem-26863	31	6	proportion	proportion	NOUN
fbem-26863	31	7	of	of	ADP
fbem-26863	31	8	fixed	fix	VERB
fbem-26863	31	9	assets	asset	NOUN
fbem-26863	31	10	to	to	PART
fbem-26863	31	11	total	total	ADJ
fbem-26863	31	12	assets	asset	NOUN
fbem-26863	31	13	is	be	AUX
fbem-26863	31	14	less	less	ADJ
fbem-26863	31	15	than	than	ADP
fbem-26863	31	16	30	30	NUM
fbem-26863	31	17	%	%	NOUN
fbem-26863	31	18	,	,	PUNCT
fbem-26863	31	19	the	the	DET
fbem-26863	31	20	enterprise	enterprise	NOUN
fbem-26863	31	21	is	be	AUX
fbem-26863	31	22	considered	consider	VERB
fbem-26863	31	23	to	to	PART
fbem-26863	31	24	be	be	AUX
fbem-26863	31	25	using	use	VERB
fbem-26863	31	26	a	a	DET
fbem-26863	31	27	light	light	ADJ
fbem-26863	31	28	asset	asset	NOUN
fbem-26863	31	29	operation	operation	NOUN
fbem-26863	31	30	model	model	NOUN
fbem-26863	31	31	.	.	PUNCT
fbem-26863	32	1	as	as	SCONJ
fbem-26863	32	2	shown	show	VERB
fbem-26863	32	3	in	in	ADP
fbem-26863	32	4	figure	figure	NOUN
fbem-26863	32	5	1	1	NUM
fbem-26863	32	6	,	,	PUNCT
fbem-26863	32	7	the	the	DET
fbem-26863	32	8	proportion	proportion	NOUN
fbem-26863	32	9	of	of	ADP
fbem-26863	32	10	fixed	fix	VERB
fbem-26863	32	11	assets	asset	NOUN
fbem-26863	32	12	of	of	ADP
fbem-26863	32	13	tai	tai	PROPN
fbem-26863	32	14	long	long	ADJ
fbem-26863	32	15	pharmaceutical	pharmaceutical	PROPN
fbem-26863	32	16	shows	show	VERB
fbem-26863	32	17	a	a	DET
fbem-26863	32	18	downward	downward	ADJ
fbem-26863	32	19	trend	trend	NOUN
fbem-26863	32	20	:	:	PUNCT
fbem-26863	32	21	in	in	ADP
fbem-26863	32	22	2014	2014	NUM
fbem-26863	32	23	,	,	PUNCT
fbem-26863	32	24	the	the	DET
fbem-26863	32	25	proportion	proportion	NOUN
fbem-26863	32	26	of	of	ADP
fbem-26863	32	27	fixed	fix	VERB
fbem-26863	32	28	assets	asset	NOUN
fbem-26863	32	29	to	to	PART
fbem-26863	32	30	total	total	ADJ
fbem-26863	32	31	assets	asset	NOUN
fbem-26863	32	32	was	be	AUX
fbem-26863	32	33	28.98	28.98	NUM
fbem-26863	32	34	%	%	NOUN
fbem-26863	32	35	,	,	PUNCT
fbem-26863	32	36	it	it	PRON
fbem-26863	32	37	rapidly	rapidly	ADV
fbem-26863	32	38	decreased	decrease	VERB
fbem-26863	32	39	to	to	ADP
fbem-26863	32	40	below	below	ADP
fbem-26863	32	41	20	20	NUM
fbem-26863	32	42	%	%	NOUN
fbem-26863	32	43	in	in	ADP
fbem-26863	32	44	2018	2018	NUM
fbem-26863	32	45	and	and	CCONJ
fbem-26863	32	46	has	have	AUX
fbem-26863	32	47	stabilized	stabilize	VERB
fbem-26863	32	48	at	at	ADP
fbem-26863	32	49	around	around	ADP
fbem-26863	32	50	14	14	NUM
fbem-26863	32	51	%	%	NOUN
fbem-26863	32	52	in	in	ADP
fbem-26863	32	53	the	the	DET
fbem-26863	32	54	last	last	ADJ
fbem-26863	32	55	four	four	NUM
fbem-26863	32	56	years	year	NOUN
fbem-26863	32	57	.	.	PUNCT
fbem-26863	33	1	this	this	DET
fbem-26863	33	2	trend	trend	NOUN
fbem-26863	33	3	indicates	indicate	VERB
fbem-26863	33	4	that	that	SCONJ
fbem-26863	33	5	tai	tai	PROPN
fbem-26863	33	6	long	long	ADJ
fbem-26863	33	7	pharmaceutical	pharmaceutical	NOUN
fbem-26863	33	8	has	have	AUX
fbem-26863	33	9	gradually	gradually	ADV
fbem-26863	33	10	reduced	reduce	VERB
fbem-26863	33	11	the	the	DET
fbem-26863	33	12	investment	investment	NOUN
fbem-26863	33	13	in	in	ADP
fbem-26863	33	14	factory	factory	NOUN
fbem-26863	33	15	buildings	building	NOUN
fbem-26863	33	16	and	and	CCONJ
fbem-26863	33	17	equipment	equipment	NOUN
fbem-26863	33	18	and	and	CCONJ
fbem-26863	33	19	other	other	ADJ
fbem-26863	33	20	fixed	fix	VERB
fbem-26863	33	21	assets	asset	NOUN
fbem-26863	33	22	during	during	ADP
fbem-26863	33	23	the	the	DET
fbem-26863	33	24	transition	transition	NOUN
fbem-26863	33	25	to	to	ADP
fbem-26863	33	26	a	a	DET
fbem-26863	33	27	light	light	ADJ
fbem-26863	33	28	asset	asset	NOUN
fbem-26863	33	29	operation	operation	NOUN
fbem-26863	33	30	model	model	NOUN
fbem-26863	33	31	,	,	PUNCT
fbem-26863	33	32	and	and	CCONJ
fbem-26863	33	33	has	have	AUX
fbem-26863	33	34	divested	divest	VERB
fbem-26863	33	35	some	some	DET
fbem-26863	33	36	low	low	ADV
fbem-26863	33	37	-	-	PUNCT
fbem-26863	33	38	valueadded	valueadde	VERB
fbem-26863	33	39	heavy	heavy	ADJ
fbem-26863	33	40	assets	asset	NOUN
fbem-26863	33	41	,	,	PUNCT
fbem-26863	33	42	thereby	thereby	ADV
fbem-26863	33	43	making	make	VERB
fbem-26863	33	44	the	the	DET
fbem-26863	33	45	overall	overall	ADJ
fbem-26863	33	46	enterprise	enterprise	NOUN
fbem-26863	33	47	assets	asset	NOUN
fbem-26863	33	48	lighter	light	ADJ
fbem-26863	33	49	.	.	PUNCT
fbem-26863	34	1	figure	figure	NOUN
fbem-26863	34	2	1	1	NUM
fbem-26863	34	3	.	.	PUNCT
fbem-26863	35	1	the	the	DET
fbem-26863	35	2	proportion	proportion	NOUN
fbem-26863	35	3	of	of	ADP
fbem-26863	35	4	fixed	fix	VERB
fbem-26863	35	5	assets	asset	NOUN
fbem-26863	35	6	in	in	ADP
fbem-26863	35	7	the	the	DET
fbem-26863	35	8	total	total	ADJ
fbem-26863	35	9	assets	asset	NOUN
fbem-26863	35	10	of	of	ADP
fbem-26863	35	11	tailong	tailong	NOUN
fbem-26863	35	12	pharmaceutical	pharmaceutical	NOUN
fbem-26863	35	13	from	from	ADP
fbem-26863	35	14	2014	2014	NUM
fbem-26863	35	15	to	to	ADP
fbem-26863	35	16	2023	2023	NUM
fbem-26863	35	17	2.3.2	2.3.2	NUM
fbem-26863	35	18	.	.	PUNCT
fbem-26863	35	19	high	high	ADJ
fbem-26863	35	20	proportion	proportion	NOUN
fbem-26863	35	21	of	of	ADP
fbem-26863	35	22	r&d	r&d	NOUN
fbem-26863	35	23	investment	investment	NOUN
fbem-26863	35	24	under	under	ADP
fbem-26863	35	25	the	the	DET
fbem-26863	35	26	light	light	ADJ
fbem-26863	35	27	asset	asset	NOUN
fbem-26863	35	28	operation	operation	NOUN
fbem-26863	35	29	model	model	NOUN
fbem-26863	35	30	,	,	PUNCT
fbem-26863	35	31	companies	company	NOUN
fbem-26863	35	32	tend	tend	VERB
fbem-26863	35	33	to	to	PART
fbem-26863	35	34	allocate	allocate	VERB
fbem-26863	35	35	more	more	ADJ
fbem-26863	35	36	resources	resource	NOUN
fbem-26863	35	37	to	to	ADP
fbem-26863	35	38	high	high	ADJ
fbem-26863	35	39	-	-	PUNCT
fbem-26863	35	40	value	value	NOUN
fbem-26863	35	41	-	-	PUNCT
fbem-26863	35	42	added	add	VERB
fbem-26863	35	43	research	research	NOUN
fbem-26863	35	44	and	and	CCONJ
fbem-26863	35	45	development	development	NOUN
fbem-26863	35	46	and	and	CCONJ
fbem-26863	35	47	sales	sale	NOUN
fbem-26863	35	48	segments	segment	NOUN
fbem-26863	35	49	,	,	PUNCT
fbem-26863	35	50	reducing	reduce	VERB
fbem-26863	35	51	production	production	NOUN
fbem-26863	35	52	costs	cost	NOUN
fbem-26863	35	53	and	and	CCONJ
fbem-26863	35	54	increasing	increase	VERB
fbem-26863	35	55	r&d	r&d	NOUN
fbem-26863	35	56	investment	investment	NOUN
fbem-26863	35	57	.	.	PUNCT
fbem-26863	36	1	by	by	ADP
fbem-26863	36	2	outsourcing	outsource	VERB
fbem-26863	36	3	and	and	CCONJ
fbem-26863	36	4	other	other	ADJ
fbem-26863	36	5	means	mean	NOUN
fbem-26863	36	6	,	,	PUNCT
fbem-26863	36	7	they	they	PRON
fbem-26863	36	8	divest	divest	VERB
fbem-26863	36	9	low	low	ADJ
fbem-26863	36	10	-	-	PUNCT
fbem-26863	36	11	value	value	NOUN
fbem-26863	36	12	-	-	PUNCT
fbem-26863	36	13	added	add	VERB
fbem-26863	36	14	segments	segment	NOUN
fbem-26863	36	15	.	.	PUNCT
fbem-26863	37	1	this	this	PRON
fbem-26863	37	2	allows	allow	VERB
fbem-26863	37	3	companies	company	NOUN
fbem-26863	37	4	to	to	PART
fbem-26863	37	5	focus	focus	VERB
fbem-26863	37	6	on	on	ADP
fbem-26863	37	7	research	research	NOUN
fbem-26863	37	8	and	and	CCONJ
fbem-26863	37	9	development	development	NOUN
fbem-26863	37	10	and	and	CCONJ
fbem-26863	37	11	technology	technology	NOUN
fbem-26863	37	12	transformation	transformation	NOUN
fbem-26863	37	13	,	,	PUNCT
fbem-26863	37	14	achieving	achieve	VERB
fbem-26863	37	15	specialized	specialized	ADJ
fbem-26863	37	16	development	development	NOUN
fbem-26863	37	17	and	and	CCONJ
fbem-26863	37	18	strengthening	strengthen	VERB
fbem-26863	37	19	internal	internal	ADJ
fbem-26863	37	20	core	core	NOUN
fbem-26863	37	21	competitiveness	competitiveness	NOUN
fbem-26863	37	22	.	.	PUNCT
fbem-26863	38	1	as	as	SCONJ
fbem-26863	38	2	shown	show	VERB
fbem-26863	38	3	in	in	ADP
fbem-26863	38	4	table	table	NOUN
fbem-26863	38	5	1	1	NUM
fbem-26863	38	6	,	,	PUNCT
fbem-26863	38	7	tai	tai	PROPN
fbem-26863	38	8	long	long	ADJ
fbem-26863	38	9	pharmaceutical	pharmaceutical	ADJ
fbem-26863	38	10	places	place	NOUN
fbem-26863	38	11	great	great	ADJ
fbem-26863	38	12	emphasis	emphasis	NOUN
fbem-26863	38	13	on	on	ADP
fbem-26863	38	14	pharmaceutical	pharmaceutical	ADJ
fbem-26863	38	15	research	research	NOUN
fbem-26863	38	16	and	and	CCONJ
fbem-26863	38	17	development	development	NOUN
fbem-26863	38	18	services	service	NOUN
fbem-26863	38	19	and	and	CCONJ
fbem-26863	38	20	highlights	highlight	NOUN
fbem-26863	38	21	innovation	innovation	NOUN
fbem-26863	38	22	-	-	PUNCT
fbem-26863	38	23	driven	drive	VERB
fbem-26863	38	24	development	development	NOUN
fbem-26863	38	25	.	.	PUNCT
fbem-26863	39	1	the	the	DET
fbem-26863	39	2	company	company	NOUN
fbem-26863	39	3	's	's	PART
fbem-26863	39	4	r&d	r&d	NOUN
fbem-26863	39	5	investment	investment	NOUN
fbem-26863	39	6	increased	increase	VERB
fbem-26863	39	7	from	from	ADP
fbem-26863	39	8	22.617	22.617	NUM
fbem-26863	39	9	million	million	NUM
fbem-26863	39	10	yuan	yuan	NOUN
fbem-26863	39	11	in	in	ADP
fbem-26863	39	12	2014	2014	NUM
fbem-26863	39	13	to	to	ADP
fbem-26863	39	14	132.753	132.753	NUM
fbem-26863	39	15	million	million	NUM
fbem-26863	39	16	yuan	yuan	NOUN
fbem-26863	39	17	in	in	ADP
fbem-26863	39	18	2023	2023	NUM
fbem-26863	39	19	,	,	PUNCT
fbem-26863	39	20	an	an	DET
fbem-26863	39	21	increase	increase	NOUN
fbem-26863	39	22	of	of	ADP
fbem-26863	39	23	110.136	110.136	NUM
fbem-26863	39	24	million	million	NUM
fbem-26863	39	25	yuan	yuan	NOUN
fbem-26863	39	26	,	,	PUNCT
fbem-26863	39	27	with	with	ADP
fbem-26863	39	28	a	a	DET
fbem-26863	39	29	growth	growth	NOUN
fbem-26863	39	30	rate	rate	NOUN
fbem-26863	39	31	of	of	ADP
fbem-26863	39	32	487	487	NUM
fbem-26863	39	33	%	%	NOUN
fbem-26863	39	34	.	.	PUNCT
fbem-26863	40	1	the	the	DET
fbem-26863	40	2	proportion	proportion	NOUN
fbem-26863	40	3	of	of	ADP
fbem-26863	40	4	r&d	r&d	NOUN
fbem-26863	40	5	investment	investment	NOUN
fbem-26863	40	6	to	to	ADP
fbem-26863	40	7	operating	operate	VERB
fbem-26863	40	8	income	income	NOUN
fbem-26863	40	9	has	have	AUX
fbem-26863	40	10	also	also	ADV
fbem-26863	40	11	been	be	AUX
fbem-26863	40	12	rising	rise	VERB
fbem-26863	40	13	year	year	NOUN
fbem-26863	40	14	by	by	ADP
fbem-26863	40	15	year	year	NOUN
fbem-26863	40	16	.	.	PUNCT
fbem-26863	41	1	to	to	PART
fbem-26863	41	2	support	support	VERB
fbem-26863	41	3	the	the	DET
fbem-26863	41	4	conduct	conduct	NOUN
fbem-26863	41	5	of	of	ADP
fbem-26863	41	6	r&d	r&d	NOUN
fbem-26863	41	7	activities	activity	NOUN
fbem-26863	41	8	,	,	PUNCT
fbem-26863	41	9	the	the	DET
fbem-26863	41	10	company	company	NOUN
fbem-26863	41	11	has	have	AUX
fbem-26863	41	12	increased	increase	VERB
fbem-26863	41	13	its	its	PRON
fbem-26863	41	14	efforts	effort	NOUN
fbem-26863	41	15	to	to	PART
fbem-26863	41	16	cultivate	cultivate	VERB
fbem-26863	41	17	scientific	scientific	ADJ
fbem-26863	41	18	research	research	NOUN
fbem-26863	41	19	talents	talent	NOUN
fbem-26863	41	20	and	and	CCONJ
fbem-26863	41	21	has	have	AUX
fbem-26863	41	22	introduced	introduce	VERB
fbem-26863	41	23	a	a	DET
fbem-26863	41	24	large	large	ADJ
fbem-26863	41	25	number	number	NOUN
fbem-26863	41	26	of	of	ADP
fbem-26863	41	27	high	high	ADJ
fbem-26863	41	28	-	-	PUNCT
fbem-26863	41	29	end	end	NOUN
fbem-26863	41	30	technical	technical	ADJ
fbem-26863	41	31	talents	talent	NOUN
fbem-26863	41	32	.	.	PUNCT
fbem-26863	42	1	in	in	ADP
fbem-26863	42	2	2022	2022	NUM
fbem-26863	42	3	,	,	PUNCT
fbem-26863	42	4	the	the	DET
fbem-26863	42	5	number	number	NOUN
fbem-26863	42	6	of	of	ADP
fbem-26863	42	7	r&d	r&d	NOUN
fbem-26863	42	8	personnel	personnel	NOUN
fbem-26863	42	9	increased	increase	VERB
fbem-26863	42	10	by	by	ADP
fbem-26863	42	11	359	359	NUM
fbem-26863	42	12	compared	compare	VERB
fbem-26863	42	13	to	to	ADP
fbem-26863	42	14	the	the	DET
fbem-26863	42	15	previous	previous	ADJ
fbem-26863	42	16	year	year	NOUN
fbem-26863	42	17	,	,	PUNCT
fbem-26863	42	18	a	a	DET
fbem-26863	42	19	year	year	NOUN
fbem-26863	42	20	-	-	PUNCT
fbem-26863	42	21	on	on	ADP
fbem-26863	42	22	-	-	PUNCT
fbem-26863	42	23	year	year	NOUN
fbem-26863	42	24	growth	growth	NOUN
fbem-26863	42	25	of	of	ADP
fbem-26863	42	26	76	76	NUM
fbem-26863	42	27	%	%	NOUN
fbem-26863	42	28	.	.	PUNCT
fbem-26863	43	1	this	this	PRON
fbem-26863	43	2	was	be	AUX
fbem-26863	43	3	mainly	mainly	ADV
fbem-26863	43	4	due	due	ADP
fbem-26863	43	5	to	to	ADP
fbem-26863	43	6	the	the	DET
fbem-26863	43	7	introduction	introduction	NOUN
fbem-26863	43	8	of	of	ADP
fbem-26863	43	9	high	high	ADJ
fbem-26863	43	10	-	-	PUNCT
fbem-26863	43	11	end	end	NOUN
fbem-26863	43	12	technical	technical	ADJ
fbem-26863	43	13	talents	talent	NOUN
fbem-26863	43	14	by	by	ADP
fbem-26863	43	15	xin	xin	PROPN
fbem-26863	43	16	lingxian	lingxian	PROPN
fbem-26863	43	17	,	,	PUNCT
fbem-26863	43	18	a	a	DET
fbem-26863	43	19	subsidiary	subsidiary	NOUN
fbem-26863	43	20	of	of	ADP
fbem-26863	43	21	tai	tai	PROPN
fbem-26863	43	22	long	long	ADJ
fbem-26863	43	23	pharmaceutical	pharmaceutical	NOUN
fbem-26863	43	24	,	,	PUNCT
fbem-26863	43	25	to	to	PART
fbem-26863	43	26	strengthen	strengthen	VERB
fbem-26863	43	27	the	the	DET
fbem-26863	43	28	layout	layout	NOUN
fbem-26863	43	29	in	in	ADP
fbem-26863	43	30	the	the	DET
fbem-26863	43	31	fields	field	NOUN
fbem-26863	43	32	of	of	ADP
fbem-26863	43	33	high	high	ADJ
fbem-26863	43	34	-	-	PUNCT
fbem-26863	43	35	end	end	NOUN
fbem-26863	43	36	formulations	formulation	NOUN
fbem-26863	43	37	and	and	CCONJ
fbem-26863	43	38	innovative	innovative	ADJ
fbem-26863	43	39	drugs	drug	NOUN
fbem-26863	43	40	.	.	PUNCT
fbem-26863	44	1	at	at	ADP
fbem-26863	44	2	the	the	DET
fbem-26863	44	3	same	same	ADJ
fbem-26863	44	4	time	time	NOUN
fbem-26863	44	5	,	,	PUNCT
fbem-26863	44	6	personnel	personnel	NOUN
fbem-26863	44	7	were	be	AUX
fbem-26863	44	8	added	add	VERB
fbem-26863	44	9	to	to	ADP
fbem-26863	44	10	research	research	NOUN
fbem-26863	44	11	institutes	institutes	PROPN
fbem-26863	44	12	in	in	ADP
fbem-26863	44	13	hangzhou	hangzhou	PROPN
fbem-26863	44	14	,	,	PUNCT
fbem-26863	44	15	chongqing	chongqing	PROPN
fbem-26863	44	16	,	,	PUNCT
fbem-26863	44	17	zhengzhou	zhengzhou	PROPN
fbem-26863	44	18	,	,	PUNCT
fbem-26863	44	19	and	and	CCONJ
fbem-26863	44	20	other	other	ADJ
fbem-26863	44	21	places	place	NOUN
fbem-26863	44	22	to	to	PART
fbem-26863	44	23	enhance	enhance	VERB
fbem-26863	44	24	pharmaceutical	pharmaceutical	ADJ
fbem-26863	44	25	r&d	r&d	NOUN
fbem-26863	44	26	service	service	NOUN
fbem-26863	44	27	capabilities	capability	NOUN
fbem-26863	44	28	.	.	PUNCT
fbem-26863	45	1	it	it	PRON
fbem-26863	45	2	is	be	AUX
fbem-26863	45	3	evident	evident	ADJ
fbem-26863	45	4	that	that	SCONJ
fbem-26863	45	5	tai	tai	PROPN
fbem-26863	45	6	long	long	ADJ
fbem-26863	45	7	pharmaceutical	pharmaceutical	NOUN
fbem-26863	45	8	's	's	PART
fbem-26863	45	9	emphasis	emphasis	NOUN
fbem-26863	45	10	on	on	ADP
fbem-26863	45	11	r&d	r&d	NOUN
fbem-26863	45	12	is	be	AUX
fbem-26863	45	13	increasingly	increasingly	ADV
fbem-26863	45	14	strengthening	strengthen	VERB
fbem-26863	45	15	.	.	PUNCT
fbem-26863	46	1	table	table	NOUN
fbem-26863	46	2	1	1	NUM
fbem-26863	46	3	.	.	PUNCT
fbem-26863	47	1	r	r	NOUN
fbem-26863	47	2	&	&	CCONJ
fbem-26863	47	3	d	d	NOUN
fbem-26863	47	4	investment	investment	NOUN
fbem-26863	47	5	and	and	CCONJ
fbem-26863	47	6	r	r	NOUN
fbem-26863	47	7	&	&	CCONJ
fbem-26863	47	8	d	d	PROPN
fbem-26863	47	9	personnel	personnel	NOUN
fbem-26863	47	10	of	of	ADP
fbem-26863	47	11	tailong	tailong	NOUN
fbem-26863	47	12	pharmaceutical	pharmaceutical	NOUN
fbem-26863	47	13	in	in	ADP
fbem-26863	47	14	2014	2014	NUM
fbem-26863	47	15	-	-	SYM
fbem-26863	47	16	2023	2023	NUM
fbem-26863	47	17	unit	unit	NOUN
fbem-26863	47	18	:	:	PUNCT
fbem-26863	47	19	ten	ten	NUM
fbem-26863	47	20	thousand	thousand	NUM
fbem-26863	47	21	yuan	yuan	NOUN
fbem-26863	47	22	fiscal	fiscal	ADJ
fbem-26863	47	23	year	year	NOUN
fbem-26863	47	24	r&d	r&d	NOUN
fbem-26863	47	25	expenditure	expenditure	NOUN
fbem-26863	47	26	r&d	r&d	NOUN
fbem-26863	47	27	expenditure	expenditure	NOUN
fbem-26863	47	28	as	as	ADP
fbem-26863	47	29	a	a	DET
fbem-26863	47	30	percentage	percentage	NOUN
fbem-26863	47	31	of	of	ADP
fbem-26863	47	32	operating	operating	NOUN
fbem-26863	47	33	revenue	revenue	NOUN
fbem-26863	47	34	(	(	PUNCT
fbem-26863	47	35	%	%	INTJ
fbem-26863	47	36	)	)	PUNCT
fbem-26863	47	37	r&d	r&d	NOUN
fbem-26863	47	38	personnel	personnel	NOUN
fbem-26863	47	39	the	the	DET
fbem-26863	47	40	proportion	proportion	NOUN
fbem-26863	47	41	of	of	ADP
fbem-26863	47	42	r&d	r&d	NOUN
fbem-26863	47	43	personnel	personnel	NOUN
fbem-26863	47	44	in	in	ADP
fbem-26863	47	45	the	the	DET
fbem-26863	47	46	total	total	ADJ
fbem-26863	47	47	number	number	NOUN
fbem-26863	47	48	of	of	ADP
fbem-26863	47	49	employees	employee	NOUN
fbem-26863	47	50	(	(	PUNCT
fbem-26863	47	51	%	%	INTJ
fbem-26863	47	52	)	)	PUNCT
fbem-26863	47	53	2014	2014	NUM
fbem-26863	47	54	2261.7	2261.7	NUM
fbem-26863	47	55	1.80	1.80	NUM
fbem-26863	47	56	172	172	NUM
fbem-26863	47	57	10.47	10.47	NUM
fbem-26863	47	58	2015	2015	NUM
fbem-26863	47	59	1630.7	1630.7	NUM
fbem-26863	47	60	1.60	1.60	NUM
fbem-26863	47	61	197	197	NUM
fbem-26863	47	62	15.00	15.00	NUM
fbem-26863	47	63	2016	2016	NUM
fbem-26863	47	64	3956.0	3956.0	NUM
fbem-26863	47	65	4.15	4.15	NUM
fbem-26863	47	66	222	222	NUM
fbem-26863	47	67	15.00	15.00	NUM
fbem-26863	47	68	2017	2017	NUM
fbem-26863	47	69	4355.3	4355.3	NUM
fbem-26863	47	70	3.73	3.73	NUM
fbem-26863	47	71	233	233	NUM
fbem-26863	47	72	13.91	13.91	NUM
fbem-26863	47	73	2018	2018	NUM
fbem-26863	47	74	4121.1	4121.1	NUM
fbem-26863	47	75	3.45	3.45	NUM
fbem-26863	47	76	431	431	NUM
fbem-26863	47	77	23.72	23.72	NUM
fbem-26863	47	78	2019	2019	NUM
fbem-26863	47	79	5955.7	5955.7	NUM
fbem-26863	47	80	4.54	4.54	NUM
fbem-26863	47	81	490	490	NUM
fbem-26863	47	82	22.60	22.60	NUM
fbem-26863	47	83	2020	2020	NUM
fbem-26863	47	84	6380.4	6380.4	NUM
fbem-26863	47	85	4.50	4.50	NUM
fbem-26863	47	86	339	339	NUM
fbem-26863	47	87	17.31	17.31	NUM
fbem-26863	47	88	2021	2021	NUM
fbem-26863	47	89	5692.0	5692.0	NUM
fbem-26863	47	90	3.55	3.55	NUM
fbem-26863	47	91	473	473	NUM
fbem-26863	47	92	21.41	21.41	NUM
fbem-26863	47	93	2022	2022	NUM
fbem-26863	47	94	12,472.6	12,472.6	NUM
fbem-26863	47	95	6.36	6.36	NUM
fbem-26863	47	96	832	832	NUM
fbem-26863	47	97	31.30	31.30	NUM
fbem-26863	47	98	2023	2023	NUM
fbem-26863	47	99	13,275.3	13,275.3	NUM
fbem-26863	48	1	6.41	6.41	NUM
fbem-26863	48	2	772	772	NUM
fbem-26863	48	3	32.81	32.81	NUM
fbem-26863	48	4	28.98	28.98	NUM
fbem-26863	48	5	%	%	NOUN
fbem-26863	48	6	27.11	27.11	NUM
fbem-26863	48	7	%	%	NOUN
fbem-26863	48	8	26.79	26.79	NUM
fbem-26863	48	9	%	%	NOUN
fbem-26863	48	10	21.89	21.89	NUM
fbem-26863	48	11	%	%	NOUN
fbem-26863	48	12	17.00	17.00	NUM
fbem-26863	48	13	%	%	NOUN
fbem-26863	48	14	16.35	16.35	NUM
fbem-26863	48	15	%	%	NOUN
fbem-26863	48	16	14.58	14.58	NUM
fbem-26863	48	17	%	%	NOUN
fbem-26863	48	18	13.29	13.29	NUM
fbem-26863	48	19	%	%	NOUN
fbem-26863	48	20	14.17	14.17	NUM
fbem-26863	48	21	%	%	NOUN
fbem-26863	48	22	13.93	13.93	NUM
fbem-26863	48	23	%	%	NOUN
fbem-26863	48	24	0.00	0.00	NUM
fbem-26863	48	25	%	%	NOUN
fbem-26863	48	26	5.00	5.00	NUM
fbem-26863	48	27	%	%	NOUN
fbem-26863	48	28	10.00	10.00	NUM
fbem-26863	48	29	%	%	NOUN
fbem-26863	48	30	15.00	15.00	NUM
fbem-26863	48	31	%	%	NOUN
fbem-26863	48	32	20.00	20.00	NUM
fbem-26863	48	33	%	%	NOUN
fbem-26863	48	34	25.00	25.00	NUM
fbem-26863	48	35	%	%	NOUN
fbem-26863	48	36	30.00	30.00	NUM
fbem-26863	48	37	%	%	NOUN
fbem-26863	48	38	35.00	35.00	NUM
fbem-26863	48	39	%	%	NOUN
fbem-26863	48	40	in	in	ADP
fbem-26863	48	41	2014	2014	NUM
fbem-26863	48	42	,	,	PUNCT
fbem-26863	48	43	in	in	ADP
fbem-26863	48	44	2015	2015	NUM
fbem-26863	48	45	,	,	PUNCT
fbem-26863	48	46	in	in	ADP
fbem-26863	48	47	2016	2016	NUM
fbem-26863	48	48	,	,	PUNCT
fbem-26863	48	49	in	in	ADP
fbem-26863	48	50	2017	2017	NUM
fbem-26863	48	51	,	,	PUNCT
fbem-26863	48	52	in	in	ADP
fbem-26863	48	53	2018	2018	NUM
fbem-26863	48	54	,	,	PUNCT
fbem-26863	48	55	in	in	ADP
fbem-26863	48	56	2019	2019	NUM
fbem-26863	48	57	,	,	PUNCT
fbem-26863	48	58	in	in	ADP
fbem-26863	48	59	2020	2020	NUM
fbem-26863	48	60	,	,	PUNCT
fbem-26863	48	61	in	in	ADP
fbem-26863	48	62	2021	2021	NUM
fbem-26863	48	63	,	,	PUNCT
fbem-26863	48	64	in	in	ADP
fbem-26863	48	65	2022	2022	NUM
fbem-26863	48	66	,	,	PUNCT
fbem-26863	48	67	in	in	ADP
fbem-26863	48	68	2023	2023	NUM
fbem-26863	48	69	,	,	PUNCT
fbem-26863	48	70	the	the	DET
fbem-26863	48	71	proportion	proportion	NOUN
fbem-26863	48	72	of	of	ADP
fbem-26863	48	73	fixed	fix	VERB
fbem-26863	48	74	assets	asset	NOUN
fbem-26863	48	75	202	202	NUM
fbem-26863	48	76	2.3.3	2.3.3	NUM
fbem-26863	48	77	.	.	PUNCT
fbem-26863	49	1	high	high	ADJ
fbem-26863	49	2	proportion	proportion	NOUN
fbem-26863	49	3	of	of	ADP
fbem-26863	49	4	current	current	ADJ
fbem-26863	49	5	liabilities	liability	NOUN
fbem-26863	49	6	light	light	ADJ
fbem-26863	49	7	asset	asset	NOUN
fbem-26863	49	8	operation	operation	NOUN
fbem-26863	49	9	models	model	NOUN
fbem-26863	49	10	often	often	ADV
fbem-26863	49	11	place	place	VERB
fbem-26863	49	12	a	a	DET
fbem-26863	49	13	high	high	ADJ
fbem-26863	49	14	emphasis	emphasis	NOUN
fbem-26863	49	15	on	on	ADP
fbem-26863	49	16	capital	capital	NOUN
fbem-26863	49	17	turnover	turnover	NOUN
fbem-26863	49	18	efficiency	efficiency	NOUN
fbem-26863	49	19	,	,	PUNCT
fbem-26863	49	20	supporting	support	VERB
fbem-26863	49	21	the	the	DET
fbem-26863	49	22	continuous	continuous	ADJ
fbem-26863	49	23	operation	operation	NOUN
fbem-26863	49	24	and	and	CCONJ
fbem-26863	49	25	expansion	expansion	NOUN
fbem-26863	49	26	of	of	ADP
fbem-26863	49	27	the	the	DET
fbem-26863	49	28	company	company	NOUN
fbem-26863	49	29	by	by	ADP
fbem-26863	49	30	accelerating	accelerate	VERB
fbem-26863	49	31	the	the	DET
fbem-26863	49	32	recovery	recovery	NOUN
fbem-26863	49	33	of	of	ADP
fbem-26863	49	34	funds	fund	NOUN
fbem-26863	49	35	.	.	PUNCT
fbem-26863	50	1	such	such	ADJ
fbem-26863	50	2	enterprises	enterprise	NOUN
fbem-26863	50	3	tend	tend	VERB
fbem-26863	50	4	to	to	PART
fbem-26863	50	5	meet	meet	VERB
fbem-26863	50	6	their	their	PRON
fbem-26863	50	7	capital	capital	NOUN
fbem-26863	50	8	needs	need	NOUN
fbem-26863	50	9	through	through	ADP
fbem-26863	50	10	short	short	ADJ
fbem-26863	50	11	-	-	PUNCT
fbem-26863	50	12	term	term	NOUN
fbem-26863	50	13	financing	financing	NOUN
fbem-26863	50	14	,	,	PUNCT
fbem-26863	50	15	leading	lead	VERB
fbem-26863	50	16	to	to	ADP
fbem-26863	50	17	a	a	DET
fbem-26863	50	18	high	high	ADJ
fbem-26863	50	19	proportion	proportion	NOUN
fbem-26863	50	20	of	of	ADP
fbem-26863	50	21	current	current	ADJ
fbem-26863	50	22	liabilities	liability	NOUN
fbem-26863	50	23	in	in	ADP
fbem-26863	50	24	total	total	ADJ
fbem-26863	50	25	liabilities	liability	NOUN
fbem-26863	50	26	.	.	PUNCT
fbem-26863	51	1	as	as	SCONJ
fbem-26863	51	2	shown	show	VERB
fbem-26863	51	3	in	in	ADP
fbem-26863	51	4	figure	figure	NOUN
fbem-26863	51	5	2	2	NUM
fbem-26863	51	6	,	,	PUNCT
fbem-26863	51	7	from	from	ADP
fbem-26863	51	8	2014	2014	NUM
fbem-26863	51	9	to	to	ADP
fbem-26863	51	10	2023	2023	NUM
fbem-26863	51	11	,	,	PUNCT
fbem-26863	51	12	the	the	DET
fbem-26863	51	13	proportion	proportion	NOUN
fbem-26863	51	14	of	of	ADP
fbem-26863	51	15	current	current	ADJ
fbem-26863	51	16	liabilities	liability	NOUN
fbem-26863	51	17	of	of	ADP
fbem-26863	51	18	tai	tai	PROPN
fbem-26863	51	19	long	long	ADJ
fbem-26863	51	20	pharmaceutical	pharmaceutical	PROPN
fbem-26863	51	21	experienced	experience	VERB
fbem-26863	51	22	significant	significant	ADJ
fbem-26863	51	23	fluctuations	fluctuation	NOUN
fbem-26863	51	24	,	,	PUNCT
fbem-26863	51	25	with	with	ADP
fbem-26863	51	26	an	an	DET
fbem-26863	51	27	overall	overall	ADJ
fbem-26863	51	28	upward	upward	ADJ
fbem-26863	51	29	trend	trend	NOUN
fbem-26863	51	30	,	,	PUNCT
fbem-26863	51	31	maintaining	maintain	VERB
fbem-26863	51	32	above	above	ADP
fbem-26863	51	33	80	80	NUM
fbem-26863	51	34	%	%	NOUN
fbem-26863	51	35	in	in	ADP
fbem-26863	51	36	the	the	DET
fbem-26863	51	37	last	last	ADJ
fbem-26863	51	38	four	four	NUM
fbem-26863	51	39	years	year	NOUN
fbem-26863	51	40	.	.	PUNCT
fbem-26863	52	1	a	a	DET
fbem-26863	52	2	noticeable	noticeable	ADJ
fbem-26863	52	3	decline	decline	NOUN
fbem-26863	52	4	in	in	ADP
fbem-26863	52	5	the	the	DET
fbem-26863	52	6	proportion	proportion	NOUN
fbem-26863	52	7	of	of	ADP
fbem-26863	52	8	current	current	ADJ
fbem-26863	52	9	liabilities	liability	NOUN
fbem-26863	52	10	between	between	ADP
fbem-26863	52	11	2015	2015	NUM
fbem-26863	52	12	and	and	CCONJ
fbem-26863	52	13	2016	2016	NUM
fbem-26863	52	14	was	be	AUX
fbem-26863	52	15	mainly	mainly	ADV
fbem-26863	52	16	due	due	ADJ
fbem-26863	52	17	to	to	ADP
fbem-26863	52	18	the	the	DET
fbem-26863	52	19	company	company	NOUN
fbem-26863	52	20	's	's	PART
fbem-26863	52	21	active	active	ADJ
fbem-26863	52	22	adjustment	adjustment	NOUN
fbem-26863	52	23	of	of	ADP
fbem-26863	52	24	its	its	PRON
fbem-26863	52	25	financing	financing	NOUN
fbem-26863	52	26	structure	structure	NOUN
fbem-26863	52	27	,	,	PUNCT
fbem-26863	52	28	controlling	control	VERB
fbem-26863	52	29	financial	financial	ADJ
fbem-26863	52	30	risks	risk	NOUN
fbem-26863	52	31	,	,	PUNCT
fbem-26863	52	32	converting	convert	VERB
fbem-26863	52	33	some	some	DET
fbem-26863	52	34	short	short	ADJ
fbem-26863	52	35	-	-	PUNCT
fbem-26863	52	36	term	term	NOUN
fbem-26863	52	37	borrowings	borrowing	NOUN
fbem-26863	52	38	into	into	ADP
fbem-26863	52	39	long	long	ADJ
fbem-26863	52	40	-	-	PUNCT
fbem-26863	52	41	term	term	NOUN
fbem-26863	52	42	borrowings	borrowing	NOUN
fbem-26863	52	43	,	,	PUNCT
fbem-26863	52	44	and	and	CCONJ
fbem-26863	52	45	optimizing	optimize	VERB
fbem-26863	52	46	the	the	DET
fbem-26863	52	47	debt	debt	NOUN
fbem-26863	52	48	structure	structure	NOUN
fbem-26863	52	49	.	.	PUNCT
fbem-26863	53	1	the	the	DET
fbem-26863	53	2	significant	significant	ADJ
fbem-26863	53	3	decrease	decrease	NOUN
fbem-26863	53	4	in	in	ADP
fbem-26863	53	5	2019	2019	NUM
fbem-26863	53	6	was	be	AUX
fbem-26863	53	7	due	due	ADJ
fbem-26863	53	8	to	to	ADP
fbem-26863	53	9	the	the	DET
fbem-26863	53	10	company	company	NOUN
fbem-26863	53	11	's	's	PART
fbem-26863	53	12	efforts	effort	NOUN
fbem-26863	53	13	to	to	PART
fbem-26863	53	14	accelerate	accelerate	VERB
fbem-26863	53	15	business	business	NOUN
fbem-26863	53	16	expansion	expansion	NOUN
fbem-26863	53	17	,	,	PUNCT
fbem-26863	53	18	strengthen	strengthen	VERB
fbem-26863	53	19	technology	technology	NOUN
fbem-26863	53	20	research	research	NOUN
fbem-26863	53	21	and	and	CCONJ
fbem-26863	53	22	development	development	NOUN
fbem-26863	53	23	,	,	PUNCT
fbem-26863	53	24	and	and	CCONJ
fbem-26863	53	25	market	market	NOUN
fbem-26863	53	26	promotion	promotion	NOUN
fbem-26863	53	27	,	,	PUNCT
fbem-26863	53	28	which	which	PRON
fbem-26863	53	29	required	require	VERB
fbem-26863	53	30	substantial	substantial	ADJ
fbem-26863	53	31	funding	funding	NOUN
fbem-26863	53	32	support	support	NOUN
fbem-26863	53	33	,	,	PUNCT
fbem-26863	53	34	leading	lead	VERB
fbem-26863	53	35	to	to	ADP
fbem-26863	53	36	an	an	DET
fbem-26863	53	37	increase	increase	NOUN
fbem-26863	53	38	in	in	ADP
fbem-26863	53	39	the	the	DET
fbem-26863	53	40	proportion	proportion	NOUN
fbem-26863	53	41	of	of	ADP
fbem-26863	53	42	current	current	ADJ
fbem-26863	53	43	liabilities	liability	NOUN
fbem-26863	53	44	.	.	PUNCT
fbem-26863	54	1	in	in	ADP
fbem-26863	54	2	summary	summary	NOUN
fbem-26863	54	3	,	,	PUNCT
fbem-26863	54	4	tai	tai	PROPN
fbem-26863	54	5	long	long	ADJ
fbem-26863	54	6	pharmaceutical	pharmaceutical	NOUN
fbem-26863	54	7	mainly	mainly	ADV
fbem-26863	54	8	relies	rely	VERB
fbem-26863	54	9	on	on	ADP
fbem-26863	54	10	current	current	ADJ
fbem-26863	54	11	liabilities	liability	NOUN
fbem-26863	54	12	,	,	PUNCT
fbem-26863	54	13	among	among	ADP
fbem-26863	54	14	which	which	PRON
fbem-26863	54	15	the	the	DET
fbem-26863	54	16	proportion	proportion	NOUN
fbem-26863	54	17	of	of	ADP
fbem-26863	54	18	non	non	ADJ
fbem-26863	54	19	-	-	ADJ
fbem-26863	54	20	interest	interest	NOUN
fbem-26863	54	21	-	-	PUNCT
fbem-26863	54	22	bearing	bear	VERB
fbem-26863	54	23	liabilities	liability	NOUN
fbem-26863	54	24	in	in	ADP
fbem-26863	54	25	current	current	ADJ
fbem-26863	54	26	liabilities	liability	NOUN
fbem-26863	54	27	is	be	AUX
fbem-26863	54	28	relatively	relatively	ADV
fbem-26863	54	29	high	high	ADJ
fbem-26863	54	30	,	,	PUNCT
fbem-26863	54	31	resulting	result	VERB
fbem-26863	54	32	in	in	ADP
fbem-26863	54	33	relatively	relatively	ADV
fbem-26863	54	34	lower	low	ADJ
fbem-26863	54	35	pressure	pressure	NOUN
fbem-26863	54	36	to	to	PART
fbem-26863	54	37	repay	repay	VERB
fbem-26863	54	38	interest	interest	NOUN
fbem-26863	54	39	.	.	PUNCT
fbem-26863	55	1	figure	figure	NOUN
fbem-26863	55	2	2	2	NUM
fbem-26863	55	3	.	.	NOUN
fbem-26863	55	4	proportion	proportion	NOUN
fbem-26863	55	5	of	of	ADP
fbem-26863	55	6	current	current	ADJ
fbem-26863	55	7	assets	asset	NOUN
fbem-26863	55	8	of	of	ADP
fbem-26863	55	9	tailong	tailong	NOUN
fbem-26863	55	10	pharmaceutical	pharmaceutical	NOUN
fbem-26863	55	11	from	from	ADP
fbem-26863	55	12	2014	2014	NUM
fbem-26863	55	13	to	to	ADP
fbem-26863	55	14	2023	2023	NUM
fbem-26863	55	15	3	3	NUM
fbem-26863	55	16	.	.	PUNCT
fbem-26863	55	17	financial	financial	ADJ
fbem-26863	55	18	performance	performance	NOUN
fbem-26863	55	19	analysis	analysis	NOUN
fbem-26863	55	20	under	under	ADP
fbem-26863	55	21	the	the	DET
fbem-26863	55	22	light	light	ADJ
fbem-26863	55	23	asset	asset	NOUN
fbem-26863	55	24	operation	operation	NOUN
fbem-26863	55	25	model	model	NOUN
fbem-26863	55	26	of	of	ADP
fbem-26863	55	27	tai	tai	PROPN
fbem-26863	55	28	long	long	PROPN
fbem-26863	55	29	pharmaceutical	pharmaceutical	PROPN
fbem-26863	55	30	3.1	3.1	NUM
fbem-26863	55	31	.	.	PUNCT
fbem-26863	56	1	data	datum	NOUN
fbem-26863	56	2	sources	source	NOUN
fbem-26863	56	3	and	and	CCONJ
fbem-26863	56	4	indicator	indicator	NOUN
fbem-26863	56	5	selection	selection	NOUN
fbem-26863	56	6	to	to	PART
fbem-26863	56	7	systematically	systematically	ADV
fbem-26863	56	8	evaluate	evaluate	VERB
fbem-26863	56	9	the	the	DET
fbem-26863	56	10	effectiveness	effectiveness	NOUN
fbem-26863	56	11	of	of	ADP
fbem-26863	56	12	tai	tai	PROPN
fbem-26863	56	13	long	long	ADJ
fbem-26863	56	14	pharmaceutical	pharmaceutical	NOUN
fbem-26863	56	15	's	's	PART
fbem-26863	56	16	implementation	implementation	NOUN
fbem-26863	56	17	of	of	ADP
fbem-26863	56	18	a	a	DET
fbem-26863	56	19	light	light	ADJ
fbem-26863	56	20	asset	asset	NOUN
fbem-26863	56	21	operation	operation	NOUN
fbem-26863	56	22	model	model	NOUN
fbem-26863	56	23	,	,	PUNCT
fbem-26863	56	24	this	this	DET
fbem-26863	56	25	paper	paper	NOUN
fbem-26863	56	26	selects	select	VERB
fbem-26863	56	27	financial	financial	ADJ
fbem-26863	56	28	data	datum	NOUN
fbem-26863	56	29	of	of	ADP
fbem-26863	56	30	tai	tai	PROPN
fbem-26863	56	31	long	long	ADJ
fbem-26863	56	32	pharmaceutical	pharmaceutical	NOUN
fbem-26863	56	33	from	from	ADP
fbem-26863	56	34	2014	2014	NUM
fbem-26863	56	35	to	to	ADP
fbem-26863	56	36	2023	2023	NUM
fbem-26863	56	37	and	and	CCONJ
fbem-26863	56	38	uses	use	VERB
fbem-26863	56	39	factor	factor	NOUN
fbem-26863	56	40	analysis	analysis	NOUN
fbem-26863	56	41	to	to	PART
fbem-26863	56	42	analyze	analyze	VERB
fbem-26863	56	43	the	the	DET
fbem-26863	56	44	company	company	NOUN
fbem-26863	56	45	's	's	PART
fbem-26863	56	46	financial	financial	ADJ
fbem-26863	56	47	performance	performance	NOUN
fbem-26863	56	48	during	during	ADP
fbem-26863	56	49	this	this	DET
fbem-26863	56	50	period	period	NOUN
fbem-26863	56	51	.	.	PUNCT
fbem-26863	57	1	the	the	DET
fbem-26863	57	2	data	datum	NOUN
fbem-26863	57	3	for	for	ADP
fbem-26863	57	4	this	this	DET
fbem-26863	57	5	article	article	NOUN
fbem-26863	57	6	is	be	AUX
fbem-26863	57	7	sourced	source	VERB
fbem-26863	57	8	from	from	ADP
fbem-26863	57	9	eastmoney	eastmoney	ADJ
fbem-26863	57	10	choice	choice	NOUN
fbem-26863	57	11	.	.	PUNCT
fbem-26863	58	1	starting	start	VERB
fbem-26863	58	2	from	from	ADP
fbem-26863	58	3	four	four	NUM
fbem-26863	58	4	dimensions	dimension	NOUN
fbem-26863	58	5	—	—	PUNCT
fbem-26863	58	6	profitability	profitability	NOUN
fbem-26863	58	7	,	,	PUNCT
fbem-26863	58	8	growth	growth	NOUN
fbem-26863	58	9	capability	capability	NOUN
fbem-26863	58	10	,	,	PUNCT
fbem-26863	58	11	debt	debt	NOUN
fbem-26863	58	12	-	-	PUNCT
fbem-26863	58	13	paying	pay	VERB
fbem-26863	58	14	ability	ability	NOUN
fbem-26863	58	15	,	,	PUNCT
fbem-26863	58	16	and	and	CCONJ
fbem-26863	58	17	operational	operational	ADJ
fbem-26863	58	18	capability	capability	NOUN
fbem-26863	58	19	—	—	PUNCT
fbem-26863	58	20	the	the	DET
fbem-26863	58	21	paper	paper	NOUN
fbem-26863	58	22	selects	select	VERB
fbem-26863	58	23	eight	eight	NUM
fbem-26863	58	24	indicators	indicator	NOUN
fbem-26863	58	25	to	to	PART
fbem-26863	58	26	construct	construct	VERB
fbem-26863	58	27	a	a	DET
fbem-26863	58	28	financial	financial	ADJ
fbem-26863	58	29	performance	performance	NOUN
fbem-26863	58	30	evaluation	evaluation	NOUN
fbem-26863	58	31	system	system	NOUN
fbem-26863	58	32	.	.	PUNCT
fbem-26863	59	1	these	these	DET
fbem-26863	59	2	indicators	indicator	NOUN
fbem-26863	59	3	are	be	AUX
fbem-26863	59	4	based	base	VERB
fbem-26863	59	5	on	on	ADP
fbem-26863	59	6	the	the	DET
fbem-26863	59	7	"	"	PUNCT
fbem-26863	59	8	enterprise	enterprise	NOUN
fbem-26863	59	9	comprehensive	comprehensive	ADJ
fbem-26863	59	10	performance	performance	NOUN
fbem-26863	59	11	evaluation	evaluation	NOUN
fbem-26863	59	12	implementation	implementation	NOUN
fbem-26863	59	13	guidelines	guideline	NOUN
fbem-26863	59	14	"	"	PUNCT
fbem-26863	59	15	and	and	CCONJ
fbem-26863	59	16	relevant	relevant	ADJ
fbem-26863	59	17	literature	literature	NOUN
fbem-26863	59	18	,	,	PUNCT
fbem-26863	59	19	adhering	adhere	VERB
fbem-26863	59	20	to	to	ADP
fbem-26863	59	21	the	the	DET
fbem-26863	59	22	principles	principle	NOUN
fbem-26863	59	23	of	of	ADP
fbem-26863	59	24	objectivity	objectivity	NOUN
fbem-26863	59	25	,	,	PUNCT
fbem-26863	59	26	comparability	comparability	NOUN
fbem-26863	59	27	,	,	PUNCT
fbem-26863	59	28	systematicity	systematicity	NOUN
fbem-26863	59	29	,	,	PUNCT
fbem-26863	59	30	scientificality	scientificality	NOUN
fbem-26863	59	31	,	,	PUNCT
fbem-26863	59	32	and	and	CCONJ
fbem-26863	59	33	operability	operability	NOUN
fbem-26863	59	34	.	.	PUNCT
fbem-26863	60	1	the	the	DET
fbem-26863	60	2	chosen	choose	VERB
fbem-26863	60	3	indicators	indicator	NOUN
fbem-26863	60	4	include	include	VERB
fbem-26863	60	5	return	return	NOUN
fbem-26863	60	6	on	on	ADP
fbem-26863	60	7	equity	equity	NOUN
fbem-26863	60	8	(	(	PUNCT
fbem-26863	60	9	x1	x1	PROPN
fbem-26863	60	10	)	)	PUNCT
fbem-26863	60	11	,	,	PUNCT
fbem-26863	60	12	return	return	VERB
fbem-26863	60	13	on	on	ADP
fbem-26863	60	14	total	total	ADJ
fbem-26863	60	15	assets	asset	NOUN
fbem-26863	60	16	(	(	PUNCT
fbem-26863	60	17	x2	x2	PROPN
fbem-26863	60	18	)	)	PUNCT
fbem-26863	60	19	,	,	PUNCT
fbem-26863	60	20	operating	operate	VERB
fbem-26863	60	21	profit	profit	NOUN
fbem-26863	60	22	growth	growth	NOUN
fbem-26863	60	23	rate	rate	NOUN
fbem-26863	60	24	(	(	PUNCT
fbem-26863	60	25	x3	x3	ADJ
fbem-26863	60	26	)	)	PUNCT
fbem-26863	60	27	,	,	PUNCT
fbem-26863	60	28	net	net	ADJ
fbem-26863	60	29	profit	profit	NOUN
fbem-26863	60	30	attributable	attributable	ADJ
fbem-26863	60	31	to	to	ADP
fbem-26863	60	32	shareholders	shareholder	NOUN
fbem-26863	60	33	of	of	ADP
fbem-26863	60	34	the	the	DET
fbem-26863	60	35	parent	parent	NOUN
fbem-26863	60	36	company	company	NOUN
fbem-26863	60	37	growth	growth	NOUN
fbem-26863	60	38	rate	rate	NOUN
fbem-26863	60	39	(	(	PUNCT
fbem-26863	60	40	x4	x4	PROPN
fbem-26863	60	41	)	)	PUNCT
fbem-26863	60	42	,	,	PUNCT
fbem-26863	60	43	debt	debt	NOUN
fbem-26863	60	44	to	to	ADP
fbem-26863	60	45	asset	asset	NOUN
fbem-26863	60	46	ratio	ratio	NOUN
fbem-26863	60	47	(	(	PUNCT
fbem-26863	60	48	x5	x5	PROPN
fbem-26863	60	49	)	)	PUNCT
fbem-26863	60	50	,	,	PUNCT
fbem-26863	60	51	equity	equity	NOUN
fbem-26863	60	52	multiplier	multipli	ADJ
fbem-26863	60	53	(	(	PUNCT
fbem-26863	60	54	x6	x6	PROPN
fbem-26863	60	55	)	)	PUNCT
fbem-26863	60	56	,	,	PUNCT
fbem-26863	60	57	fixed	fix	VERB
fbem-26863	60	58	asset	asset	NOUN
fbem-26863	60	59	turnover	turnover	NOUN
fbem-26863	60	60	rate	rate	NOUN
fbem-26863	60	61	(	(	PUNCT
fbem-26863	60	62	x7	x7	NOUN
fbem-26863	60	63	)	)	PUNCT
fbem-26863	60	64	,	,	PUNCT
fbem-26863	60	65	and	and	CCONJ
fbem-26863	60	66	current	current	ADJ
fbem-26863	60	67	asset	asset	NOUN
fbem-26863	60	68	turnover	turnover	NOUN
fbem-26863	60	69	rate	rate	NOUN
fbem-26863	60	70	(	(	PUNCT
fbem-26863	60	71	x8	x8	PROPN
fbem-26863	60	72	)	)	PUNCT
fbem-26863	60	73	.	.	PUNCT
fbem-26863	61	1	table	table	NOUN
fbem-26863	61	2	2	2	NUM
fbem-26863	61	3	.	.	PUNCT
fbem-26863	61	4	financial	financial	ADJ
fbem-26863	61	5	performance	performance	NOUN
fbem-26863	61	6	evaluation	evaluation	NOUN
fbem-26863	61	7	indicators	indicator	NOUN
fbem-26863	61	8	of	of	ADP
fbem-26863	61	9	tilong	tilong	ADJ
fbem-26863	61	10	pharmaceutical	pharmaceutical	ADJ
fbem-26863	61	11	evaluation	evaluation	NOUN
fbem-26863	61	12	content	content	NOUN
fbem-26863	61	13	name	name	NOUN
fbem-26863	61	14	of	of	ADP
fbem-26863	61	15	index	index	NOUN
fbem-26863	61	16	symbolic	symbolic	ADJ
fbem-26863	61	17	representation	representation	NOUN
fbem-26863	61	18	profitability	profitability	NOUN
fbem-26863	61	19	return	return	NOUN
fbem-26863	61	20	on	on	ADP
fbem-26863	61	21	equity	equity	NOUN
fbem-26863	61	22	x1	x1	PROPN
fbem-26863	61	23	return	return	NOUN
fbem-26863	61	24	on	on	ADP
fbem-26863	61	25	total	total	ADJ
fbem-26863	61	26	assets	asset	NOUN
fbem-26863	61	27	x2	x2	NOUN
fbem-26863	61	28	growth	growth	NOUN
fbem-26863	61	29	ability	ability	NOUN
fbem-26863	61	30	operating	operate	VERB
fbem-26863	61	31	profit	profit	NOUN
fbem-26863	61	32	growth	growth	NOUN
fbem-26863	61	33	rate	rate	NOUN
fbem-26863	61	34	x3	x3	ADJ
fbem-26863	61	35	net	net	ADJ
fbem-26863	61	36	profit	profit	NOUN
fbem-26863	61	37	attributable	attributable	ADJ
fbem-26863	61	38	to	to	ADP
fbem-26863	61	39	shareholders	shareholder	NOUN
fbem-26863	61	40	of	of	ADP
fbem-26863	61	41	the	the	DET
fbem-26863	61	42	parent	parent	NOUN
fbem-26863	61	43	company	company	NOUN
fbem-26863	61	44	growth	growth	NOUN
fbem-26863	61	45	rate	rate	NOUN
fbem-26863	61	46	x4	x4	PROPN
fbem-26863	61	47	debt	debt	NOUN
fbem-26863	61	48	paying	pay	VERB
fbem-26863	61	49	ability	ability	NOUN
fbem-26863	61	50	debt	debt	NOUN
fbem-26863	61	51	to	to	ADP
fbem-26863	61	52	asset	asset	NOUN
fbem-26863	61	53	ratio	ratio	NOUN
fbem-26863	61	54	x5	x5	PROPN
fbem-26863	61	55	equity	equity	NOUN
fbem-26863	61	56	multiplier	multipli	ADJ
fbem-26863	61	57	x6	x6	PROPN
fbem-26863	61	58	operation	operation	NOUN
fbem-26863	61	59	capacity	capacity	NOUN
fbem-26863	61	60	fixed	fix	VERB
fbem-26863	61	61	asset	asset	NOUN
fbem-26863	61	62	turnover	turnover	NOUN
fbem-26863	61	63	rate	rate	NOUN
fbem-26863	61	64	x7	x7	NOUN
fbem-26863	61	65	current	current	ADJ
fbem-26863	61	66	asset	asset	NOUN
fbem-26863	61	67	turnover	turnover	NOUN
fbem-26863	61	68	rate	rate	NOUN
fbem-26863	61	69	x8	x8	PROPN
fbem-26863	61	70	3.2	3.2	NUM
fbem-26863	61	71	.	.	PUNCT
fbem-26863	62	1	factor	factor	NOUN
fbem-26863	62	2	analysis	analysis	NOUN
fbem-26863	62	3	3.2.1	3.2.1	NUM
fbem-26863	62	4	.	.	PUNCT
fbem-26863	63	1	sample	sample	NOUN
fbem-26863	63	2	data	datum	NOUN
fbem-26863	63	3	processing	processing	NOUN
fbem-26863	63	4	before	before	ADP
fbem-26863	63	5	conducting	conduct	VERB
fbem-26863	63	6	factor	factor	NOUN
fbem-26863	63	7	analysis	analysis	NOUN
fbem-26863	63	8	,	,	PUNCT
fbem-26863	63	9	the	the	DET
fbem-26863	63	10	collected	collect	VERB
fbem-26863	63	11	data	datum	NOUN
fbem-26863	63	12	were	be	AUX
fbem-26863	63	13	standardized	standardize	VERB
fbem-26863	63	14	using	use	VERB
fbem-26863	63	15	ibm	ibm	PROPN
fbem-26863	63	16	spss	spss	PROPN
fbem-26863	63	17	statistics	statistic	NOUN
fbem-26863	63	18	27.0	27.0	NUM
fbem-26863	63	19	software	software	NOUN
fbem-26863	63	20	.	.	PUNCT
fbem-26863	64	1	the	the	DET
fbem-26863	64	2	zscore	zscore	NOUN
fbem-26863	64	3	standardization	standardization	NOUN
fbem-26863	64	4	method	method	NOUN
fbem-26863	64	5	was	be	AUX
fbem-26863	64	6	employed	employ	VERB
fbem-26863	64	7	to	to	PART
fbem-26863	64	8	eliminate	eliminate	VERB
fbem-26863	64	9	differences	difference	NOUN
fbem-26863	64	10	in	in	ADP
fbem-26863	64	11	dimensions	dimension	NOUN
fbem-26863	64	12	,	,	PUNCT
fbem-26863	64	13	and	and	CCONJ
fbem-26863	64	14	descriptive	descriptive	ADJ
fbem-26863	64	15	statistics	statistic	NOUN
fbem-26863	64	16	and	and	CCONJ
fbem-26863	64	17	correlation	correlation	NOUN
fbem-26863	64	18	analysis	analysis	NOUN
fbem-26863	64	19	were	be	AUX
fbem-26863	64	20	performed	perform	VERB
fbem-26863	64	21	on	on	ADP
fbem-26863	64	22	the	the	DET
fbem-26863	64	23	raw	raw	ADJ
fbem-26863	64	24	data	datum	NOUN
fbem-26863	64	25	.	.	PUNCT
fbem-26863	65	1	from	from	ADP
fbem-26863	65	2	the	the	DET
fbem-26863	65	3	correlation	correlation	NOUN
fbem-26863	65	4	matrix	matrix	NOUN
fbem-26863	65	5	in	in	ADP
fbem-26863	65	6	table	table	NOUN
fbem-26863	65	7	3	3	NUM
fbem-26863	65	8	,	,	PUNCT
fbem-26863	65	9	it	it	PRON
fbem-26863	65	10	can	can	AUX
fbem-26863	65	11	be	be	AUX
fbem-26863	65	12	seen	see	VERB
fbem-26863	65	13	that	that	SCONJ
fbem-26863	65	14	the	the	DET
fbem-26863	65	15	correlation	correlation	NOUN
fbem-26863	65	16	between	between	ADP
fbem-26863	65	17	return	return	NOUN
fbem-26863	65	18	on	on	ADP
fbem-26863	65	19	equity	equity	NOUN
fbem-26863	65	20	(	(	PUNCT
fbem-26863	65	21	x1	x1	PROPN
fbem-26863	65	22	)	)	PUNCT
fbem-26863	65	23	and	and	CCONJ
fbem-26863	65	24	the	the	DET
fbem-26863	65	25	growth	growth	NOUN
fbem-26863	65	26	rate	rate	NOUN
fbem-26863	65	27	of	of	ADP
fbem-26863	65	28	net	net	ADJ
fbem-26863	65	29	profit	profit	NOUN
fbem-26863	65	30	attributable	attributable	ADJ
fbem-26863	65	31	to	to	ADP
fbem-26863	65	32	shareholders	shareholder	NOUN
fbem-26863	65	33	of	of	ADP
fbem-26863	65	34	the	the	DET
fbem-26863	65	35	parent	parent	NOUN
fbem-26863	65	36	company	company	NOUN
fbem-26863	65	37	(	(	PUNCT
fbem-26863	65	38	x4	x4	PROPN
fbem-26863	65	39	)	)	PUNCT
fbem-26863	65	40	reaches	reach	VERB
fbem-26863	65	41	0.989	0.989	NUM
fbem-26863	65	42	,	,	PUNCT
fbem-26863	65	43	and	and	CCONJ
fbem-26863	65	44	the	the	DET
fbem-26863	65	45	correlation	correlation	NOUN
fbem-26863	65	46	between	between	ADP
fbem-26863	65	47	fixed	fix	VERB
fbem-26863	65	48	asset	asset	NOUN
fbem-26863	65	49	turnover	turnover	NOUN
fbem-26863	65	50	rate	rate	NOUN
fbem-26863	65	51	(	(	PUNCT
fbem-26863	65	52	x6	x6	PROPN
fbem-26863	65	53	)	)	PUNCT
fbem-26863	65	54	and	and	CCONJ
fbem-26863	65	55	equity	equity	NOUN
fbem-26863	65	56	multiplier	multiplier	ADV
fbem-26863	65	57	(	(	PUNCT
fbem-26863	65	58	x7	x7	NOUN
fbem-26863	65	59	)	)	PUNCT
fbem-26863	65	60	reaches	reach	VERB
fbem-26863	65	61	0.933	0.933	NUM
fbem-26863	65	62	,	,	PUNCT
fbem-26863	65	63	indicating	indicate	VERB
fbem-26863	65	64	that	that	SCONJ
fbem-26863	65	65	there	there	PRON
fbem-26863	65	66	is	be	VERB
fbem-26863	65	67	a	a	DET
fbem-26863	65	68	strong	strong	ADJ
fbem-26863	65	69	positive	positive	ADJ
fbem-26863	65	70	correlation	correlation	NOUN
fbem-26863	65	71	between	between	ADP
fbem-26863	65	72	the	the	DET
fbem-26863	65	73	various	various	ADJ
fbem-26863	65	74	indicators	indicator	NOUN
fbem-26863	65	75	.	.	PUNCT
fbem-26863	66	1	86.84%90.96	86.84%90.96	NUM
fbem-26863	66	2	%	%	NOUN
fbem-26863	66	3	50.59%54.44	50.59%54.44	NUM
fbem-26863	66	4	%	%	NOUN
fbem-26863	66	5	97.23	97.23	NUM
fbem-26863	66	6	%	%	NOUN
fbem-26863	66	7	62.51	62.51	NUM
fbem-26863	66	8	%	%	NOUN
fbem-26863	66	9	80.90%82.23	80.90%82.23	NUM
fbem-26863	66	10	%	%	NOUN
fbem-26863	66	11	86.91%84.47	86.91%84.47	NUM
fbem-26863	66	12	%	%	NOUN
fbem-26863	66	13	0.00	0.00	NUM
fbem-26863	66	14	%	%	NOUN
fbem-26863	66	15	20.00	20.00	NUM
fbem-26863	66	16	%	%	NOUN
fbem-26863	66	17	40.00	40.00	NUM
fbem-26863	66	18	%	%	NOUN
fbem-26863	66	19	60.00	60.00	NUM
fbem-26863	66	20	%	%	NOUN
fbem-26863	66	21	80.00	80.00	NUM
fbem-26863	66	22	%	%	NOUN
fbem-26863	66	23	100.00	100.00	NUM
fbem-26863	66	24	%	%	NOUN
fbem-26863	66	25	120.00	120.00	NUM
fbem-26863	66	26	%	%	NOUN
fbem-26863	66	27	in	in	ADP
fbem-26863	66	28	2014	2014	NUM
fbem-26863	66	29	,	,	PUNCT
fbem-26863	66	30	in	in	ADP
fbem-26863	66	31	2015	2015	NUM
fbem-26863	66	32	,	,	PUNCT
fbem-26863	66	33	in	in	ADP
fbem-26863	66	34	2016	2016	NUM
fbem-26863	66	35	,	,	PUNCT
fbem-26863	66	36	in	in	ADP
fbem-26863	66	37	2017	2017	NUM
fbem-26863	66	38	,	,	PUNCT
fbem-26863	66	39	in	in	ADP
fbem-26863	66	40	2018	2018	NUM
fbem-26863	66	41	,	,	PUNCT
fbem-26863	66	42	in	in	ADP
fbem-26863	66	43	2019	2019	NUM
fbem-26863	66	44	,	,	PUNCT
fbem-26863	66	45	in	in	ADP
fbem-26863	66	46	2020	2020	NUM
fbem-26863	66	47	,	,	PUNCT
fbem-26863	66	48	in	in	ADP
fbem-26863	66	49	2021	2021	NUM
fbem-26863	66	50	,	,	PUNCT
fbem-26863	66	51	in	in	ADP
fbem-26863	66	52	2022	2022	NUM
fbem-26863	66	53	,	,	PUNCT
fbem-26863	66	54	in	in	ADP
fbem-26863	66	55	2023	2023	NUM
fbem-26863	66	56	,	,	PUNCT
fbem-26863	66	57	the	the	DET
fbem-26863	66	58	proportion	proportion	NOUN
fbem-26863	66	59	of	of	ADP
fbem-26863	66	60	current	current	ADJ
fbem-26863	66	61	liabilities	liability	NOUN
fbem-26863	66	62	203	203	NUM
fbem-26863	66	63	table	table	NOUN
fbem-26863	66	64	3	3	NUM
fbem-26863	66	65	.	.	PUNCT
fbem-26863	66	66	correlation	correlation	NOUN
fbem-26863	66	67	matrix	matrix	NOUN
fbem-26863	66	68	return	return	NOUN
fbem-26863	66	69	on	on	ADP
fbem-26863	66	70	equity	equity	NOUN
fbem-26863	66	71	return	return	NOUN
fbem-26863	66	72	on	on	ADP
fbem-26863	66	73	total	total	ADJ
fbem-26863	66	74	assets	asset	NOUN
fbem-26863	66	75	operatin	operatin	PROPN
fbem-26863	66	76	g	g	PROPN
fbem-26863	66	77	profit	profit	NOUN
fbem-26863	66	78	growth	growth	NOUN
fbem-26863	66	79	rate	rate	NOUN
fbem-26863	66	80	net	net	ADJ
fbem-26863	66	81	profit	profit	NOUN
fbem-26863	66	82	attributable	attributable	ADJ
fbem-26863	66	83	to	to	ADP
fbem-26863	66	84	shareholders	shareholder	NOUN
fbem-26863	66	85	of	of	ADP
fbem-26863	66	86	the	the	DET
fbem-26863	66	87	parent	parent	NOUN
fbem-26863	66	88	company	company	NOUN
fbem-26863	66	89	growth	growth	NOUN
fbem-26863	66	90	rate	rate	NOUN
fbem-26863	66	91	curre	curre	PROPN
fbem-26863	66	92	nt	not	PART
fbem-26863	66	93	asset	asset	NOUN
fbem-26863	66	94	turnov	turnov	NOUN
fbem-26863	66	95	er	er	INTJ
fbem-26863	66	96	rate	rate	NOUN
fbem-26863	66	97	fixed	fix	VERB
fbem-26863	66	98	asset	asset	NOUN
fbem-26863	66	99	turnov	turnov	NOUN
fbem-26863	66	100	er	er	INTJ
fbem-26863	66	101	rate	rate	NOUN
fbem-26863	66	102	equity	equity	NOUN
fbem-26863	66	103	multip	multip	PROPN
fbem-26863	66	104	lier	lier	ADJ
fbem-26863	66	105	debt	debt	NOUN
fbem-26863	66	106	to	to	ADP
fbem-26863	66	107	asset	asset	NOUN
fbem-26863	66	108	ratio	ratio	NOUN
fbem-26863	66	109	rel	rel	NOUN
fbem-26863	66	110	ati	ati	NOUN
fbem-26863	66	111	vit	vit	PROPN
fbem-26863	66	112	y	y	PROPN
fbem-26863	66	113	return	return	VERB
fbem-26863	66	114	on	on	ADP
fbem-26863	66	115	equity	equity	NOUN
fbem-26863	66	116	1	1	NUM
fbem-26863	66	117	0.96	0.96	NUM
fbem-26863	66	118	0.868	0.868	NUM
fbem-26863	66	119	0.959	0.959	NUM
fbem-26863	66	120	0.174	0.174	NUM
fbem-26863	66	121	0.031	0.031	NUM
fbem-26863	66	122	-0.067	-0.067	NOUN
fbem-26863	66	123	-0.071	-0.071	PUNCT
fbem-26863	66	124	return	return	NOUN
fbem-26863	66	125	on	on	ADP
fbem-26863	66	126	total	total	ADJ
fbem-26863	66	127	assets	asset	NOUN
fbem-26863	66	128	0.96	0.96	NUM
fbem-26863	66	129	1	1	NUM
fbem-26863	66	130	0.818	0.818	NUM
fbem-26863	66	131	0.908	0.908	NUM
fbem-26863	66	132	0.106	0.106	NUM
fbem-26863	66	133	-0.139	-0.139	PUNCT
fbem-26863	66	134	-0.194	-0.194	INTJ
fbem-26863	66	135	-0.189	-0.189	NOUN
fbem-26863	66	136	operating	operate	VERB
fbem-26863	66	137	profit	profit	NOUN
fbem-26863	66	138	growth	growth	NOUN
fbem-26863	66	139	rate	rate	NOUN
fbem-26863	66	140	0.868	0.868	NUM
fbem-26863	66	141	0.818	0.818	NUM
fbem-26863	66	142	1	1	NUM
fbem-26863	66	143	0.936	0.936	NUM
fbem-26863	66	144	0.101	0.101	NUM
fbem-26863	66	145	-0.049	-0.049	PUNCT
fbem-26863	66	146	-0.21	-0.21	NUM
fbem-26863	66	147	-0.217	-0.217	ADJ
fbem-26863	66	148	net	net	ADJ
fbem-26863	66	149	profit	profit	NOUN
fbem-26863	66	150	attributable	attributable	ADJ
fbem-26863	66	151	to	to	ADP
fbem-26863	66	152	shareholders	shareholder	NOUN
fbem-26863	66	153	of	of	ADP
fbem-26863	66	154	the	the	DET
fbem-26863	66	155	parent	parent	NOUN
fbem-26863	66	156	company	company	NOUN
fbem-26863	66	157	growth	growth	NOUN
fbem-26863	66	158	rate	rate	NOUN
fbem-26863	66	159	0.959	0.959	NUM
fbem-26863	66	160	0.908	0.908	NUM
fbem-26863	66	161	0.936	0.936	NUM
fbem-26863	66	162	1	1	NUM
fbem-26863	66	163	0.098	0.098	NUM
fbem-26863	66	164	-0.049	-0.049	NUM
fbem-26863	66	165	-0.194	-0.194	NOUN
fbem-26863	66	166	-0.205	-0.205	X
fbem-26863	66	167	current	current	ADJ
fbem-26863	66	168	asset	asset	NOUN
fbem-26863	66	169	turnover	turnover	NOUN
fbem-26863	66	170	rate	rate	NOUN
fbem-26863	66	171	0.174	0.174	NUM
fbem-26863	66	172	0.106	0.106	NUM
fbem-26863	67	1	0.101	0.101	NUM
fbem-26863	67	2	0.098	0.098	NUM
fbem-26863	67	3	1	1	NUM
fbem-26863	67	4	0.714	0.714	NUM
fbem-26863	67	5	0.555	0.555	NUM
fbem-26863	67	6	0.551	0.551	NUM
fbem-26863	67	7	fixed	fix	VERB
fbem-26863	67	8	asset	asset	NOUN
fbem-26863	67	9	turnover	turnover	NOUN
fbem-26863	67	10	rate	rate	NOUN
fbem-26863	67	11	0.031	0.031	NUM
fbem-26863	67	12	-0.139	-0.139	PUNCT
fbem-26863	67	13	-0.049	-0.049	PUNCT
fbem-26863	67	14	-0.049	-0.049	PUNCT
fbem-26863	67	15	0.714	0.714	NUM
fbem-26863	67	16	1	1	NUM
fbem-26863	67	17	0.933	0.933	NUM
fbem-26863	67	18	0.921	0.921	NUM
fbem-26863	67	19	equity	equity	NOUN
fbem-26863	67	20	multiplier	multipli	ADJ
fbem-26863	67	21	-0.067	-0.067	NUM
fbem-26863	67	22	-0.194	-0.194	PUNCT
fbem-26863	67	23	-0.21	-0.21	NUM
fbem-26863	67	24	-0.194	-0.194	NOUN
fbem-26863	67	25	0.555	0.555	NUM
fbem-26863	67	26	0.933	0.933	NUM
fbem-26863	67	27	1	1	NUM
fbem-26863	67	28	0.998	0.998	NUM
fbem-26863	67	29	debt	debt	NOUN
fbem-26863	67	30	to	to	ADP
fbem-26863	67	31	asset	asset	NOUN
fbem-26863	67	32	ratio	ratio	NOUN
fbem-26863	67	33	-0.071	-0.071	PUNCT
fbem-26863	67	34	-0.189	-0.189	SYM
fbem-26863	67	35	-0.217	-0.217	X
fbem-26863	67	36	-0.205	-0.205	X
fbem-26863	67	37	0.551	0.551	NUM
fbem-26863	67	38	0.921	0.921	NUM
fbem-26863	67	39	0.998	0.998	NUM
fbem-26863	67	40	1	1	NUM
fbem-26863	67	41	data	datum	NOUN
fbem-26863	67	42	source	source	NOUN
fbem-26863	67	43	:	:	PUNCT
fbem-26863	67	44	calculate	calculate	VERB
fbem-26863	67	45	and	and	CCONJ
fbem-26863	67	46	draw	draw	VERB
fbem-26863	67	47	by	by	ADP
fbem-26863	67	48	using	use	VERB
fbem-26863	67	49	ibm	ibm	PROPN
fbem-26863	67	50	spss	spss	PROPN
fbem-26863	67	51	statistics	statistic	NOUN
fbem-26863	67	52	27.0	27.0	NUM
fbem-26863	67	53	software	software	NOUN
fbem-26863	67	54	(	(	PUNCT
fbem-26863	67	55	the	the	DET
fbem-26863	67	56	same	same	ADJ
fbem-26863	67	57	as	as	ADP
fbem-26863	67	58	below	below	ADV
fbem-26863	67	59	)	)	PUNCT
fbem-26863	67	60	3.2.2	3.2.2	NUM
fbem-26863	67	61	.	.	PUNCT
fbem-26863	67	62	applicability	applicability	NOUN
fbem-26863	67	63	test	test	NOUN
fbem-26863	67	64	when	when	SCONJ
fbem-26863	67	65	employing	employ	VERB
fbem-26863	67	66	factor	factor	NOUN
fbem-26863	67	67	analysis	analysis	NOUN
fbem-26863	67	68	for	for	ADP
fbem-26863	67	69	dimensionality	dimensionality	NOUN
fbem-26863	67	70	reduction	reduction	NOUN
fbem-26863	67	71	,	,	PUNCT
fbem-26863	67	72	it	it	PRON
fbem-26863	67	73	is	be	AUX
fbem-26863	67	74	essential	essential	ADJ
fbem-26863	67	75	to	to	PART
fbem-26863	67	76	ensure	ensure	VERB
fbem-26863	67	77	the	the	DET
fbem-26863	67	78	authenticity	authenticity	NOUN
fbem-26863	67	79	and	and	CCONJ
fbem-26863	67	80	validity	validity	NOUN
fbem-26863	67	81	of	of	ADP
fbem-26863	67	82	the	the	DET
fbem-26863	67	83	data	datum	NOUN
fbem-26863	67	84	,	,	PUNCT
fbem-26863	67	85	and	and	CCONJ
fbem-26863	67	86	that	that	SCONJ
fbem-26863	67	87	the	the	DET
fbem-26863	67	88	selected	select	VERB
fbem-26863	67	89	indicators	indicator	NOUN
fbem-26863	67	90	possess	possess	VERB
fbem-26863	67	91	a	a	DET
fbem-26863	67	92	certain	certain	ADJ
fbem-26863	67	93	degree	degree	NOUN
fbem-26863	67	94	of	of	ADP
fbem-26863	67	95	linear	linear	PROPN
fbem-26863	67	96	relationship	relationship	NOUN
fbem-26863	67	97	,	,	PUNCT
fbem-26863	67	98	making	make	VERB
fbem-26863	67	99	them	they	PRON
fbem-26863	67	100	suitable	suitable	ADJ
fbem-26863	67	101	for	for	ADP
fbem-26863	67	102	factor	factor	NOUN
fbem-26863	67	103	analysis	analysis	NOUN
fbem-26863	67	104	.	.	PUNCT
fbem-26863	68	1	therefore	therefore	ADV
fbem-26863	68	2	,	,	PUNCT
fbem-26863	68	3	kmo	kmo	PROPN
fbem-26863	68	4	and	and	CCONJ
fbem-26863	68	5	bartlett	bartlett	PROPN
fbem-26863	68	6	's	's	PART
fbem-26863	68	7	test	test	NOUN
fbem-26863	68	8	of	of	ADP
fbem-26863	68	9	sphericity	sphericity	NOUN
fbem-26863	68	10	is	be	AUX
fbem-26863	68	11	conducted	conduct	VERB
fbem-26863	68	12	on	on	ADP
fbem-26863	68	13	the	the	DET
fbem-26863	68	14	standardized	standardized	ADJ
fbem-26863	68	15	data	datum	NOUN
fbem-26863	68	16	to	to	PART
fbem-26863	68	17	measure	measure	VERB
fbem-26863	68	18	the	the	DET
fbem-26863	68	19	dispersion	dispersion	NOUN
fbem-26863	68	20	of	of	ADP
fbem-26863	68	21	the	the	DET
fbem-26863	68	22	data	datum	NOUN
fbem-26863	68	23	and	and	CCONJ
fbem-26863	68	24	the	the	DET
fbem-26863	68	25	extent	extent	NOUN
fbem-26863	68	26	of	of	ADP
fbem-26863	68	27	correlation	correlation	NOUN
fbem-26863	68	28	among	among	ADP
fbem-26863	68	29	variables	variable	NOUN
fbem-26863	68	30	.	.	PUNCT
fbem-26863	69	1	according	accord	VERB
fbem-26863	69	2	to	to	ADP
fbem-26863	69	3	kaiser	kaiser	PROPN
fbem-26863	69	4	's	's	PART
fbem-26863	69	5	criterion	criterion	NOUN
fbem-26863	69	6	for	for	ADP
fbem-26863	69	7	risk	risk	NOUN
fbem-26863	69	8	assessment	assessment	NOUN
fbem-26863	69	9	,	,	PUNCT
fbem-26863	69	10	a	a	DET
fbem-26863	69	11	kmo	kmo	NOUN
fbem-26863	69	12	value	value	NOUN
fbem-26863	69	13	greater	great	ADJ
fbem-26863	69	14	than	than	ADP
fbem-26863	69	15	0.5	0.5	NUM
fbem-26863	69	16	and	and	CCONJ
fbem-26863	69	17	a	a	DET
fbem-26863	69	18	significance	significance	NOUN
fbem-26863	69	19	level	level	NOUN
fbem-26863	69	20	below	below	ADP
fbem-26863	69	21	0.05	0.05	NUM
fbem-26863	69	22	indicate	indicate	VERB
fbem-26863	69	23	that	that	SCONJ
fbem-26863	69	24	the	the	DET
fbem-26863	69	25	data	datum	NOUN
fbem-26863	69	26	set	set	VERB
fbem-26863	69	27	is	be	AUX
fbem-26863	69	28	appropriate	appropriate	ADJ
fbem-26863	69	29	for	for	ADP
fbem-26863	69	30	factor	factor	NOUN
fbem-26863	69	31	analysis	analysis	NOUN
fbem-26863	69	32	.	.	PUNCT
fbem-26863	70	1	the	the	DET
fbem-26863	70	2	test	test	NOUN
fbem-26863	70	3	results	result	VERB
fbem-26863	70	4	for	for	ADP
fbem-26863	70	5	the	the	DET
fbem-26863	70	6	sample	sample	NOUN
fbem-26863	70	7	data	datum	NOUN
fbem-26863	70	8	are	be	AUX
fbem-26863	70	9	shown	show	VERB
fbem-26863	70	10	in	in	ADP
fbem-26863	70	11	table	table	NOUN
fbem-26863	70	12	4	4	NUM
fbem-26863	70	13	,	,	PUNCT
fbem-26863	70	14	with	with	ADP
fbem-26863	70	15	a	a	DET
fbem-26863	70	16	kmo	kmo	NOUN
fbem-26863	70	17	value	value	NOUN
fbem-26863	70	18	of	of	ADP
fbem-26863	70	19	0.657	0.657	NUM
fbem-26863	70	20	,	,	PUNCT
fbem-26863	70	21	which	which	PRON
fbem-26863	70	22	is	be	AUX
fbem-26863	70	23	greater	great	ADJ
fbem-26863	70	24	than	than	ADP
fbem-26863	70	25	0.5	0.5	NUM
fbem-26863	70	26	,	,	PUNCT
fbem-26863	70	27	and	and	CCONJ
fbem-26863	70	28	the	the	DET
fbem-26863	70	29	significance	significance	NOUN
fbem-26863	70	30	in	in	ADP
fbem-26863	70	31	bartlett	bartlett	PROPN
fbem-26863	70	32	's	's	PART
fbem-26863	70	33	test	test	NOUN
fbem-26863	70	34	of	of	ADP
fbem-26863	70	35	sphericity	sphericity	NOUN
fbem-26863	70	36	is	be	AUX
fbem-26863	70	37	0	0	NUM
fbem-26863	70	38	,	,	PUNCT
fbem-26863	70	39	which	which	PRON
fbem-26863	70	40	is	be	AUX
fbem-26863	70	41	less	less	ADJ
fbem-26863	70	42	than	than	ADP
fbem-26863	70	43	0.05	0.05	NUM
fbem-26863	70	44	.	.	PUNCT
fbem-26863	71	1	this	this	PRON
fbem-26863	71	2	indicates	indicate	VERB
fbem-26863	71	3	that	that	SCONJ
fbem-26863	71	4	the	the	DET
fbem-26863	71	5	selected	select	VERB
fbem-26863	71	6	sample	sample	NOUN
fbem-26863	71	7	data	datum	NOUN
fbem-26863	71	8	meets	meet	VERB
fbem-26863	71	9	the	the	DET
fbem-26863	71	10	criteria	criterion	NOUN
fbem-26863	71	11	for	for	ADP
fbem-26863	71	12	factor	factor	NOUN
fbem-26863	71	13	analysis	analysis	NOUN
fbem-26863	71	14	.	.	PUNCT
fbem-26863	72	1	table	table	NOUN
fbem-26863	72	2	4	4	NUM
fbem-26863	72	3	.	.	X
fbem-26863	72	4	kmo	kmo	PROPN
fbem-26863	72	5	and	and	CCONJ
fbem-26863	72	6	bartlett	bartlett	PROPN
fbem-26863	72	7	tests	test	VERB
fbem-26863	72	8	number	number	NOUN
fbem-26863	72	9	of	of	ADP
fbem-26863	72	10	kmo	kmo	PROPN
fbem-26863	72	11	sampling	sample	VERB
fbem-26863	72	12	suitability	suitability	NOUN
fbem-26863	72	13	0.657	0.657	NUM
fbem-26863	72	14	bartlett	bartlett	PROPN
fbem-26863	72	15	sphericity	sphericity	PROPN
fbem-26863	72	16	test	test	PROPN
fbem-26863	72	17	approximate	approximate	ADJ
fbem-26863	72	18	chi	chi	PROPN
fbem-26863	72	19	-	-	PUNCT
fbem-26863	72	20	square	square	ADJ
fbem-26863	72	21	101.541	101.541	NUM
fbem-26863	72	22	free	free	ADJ
fbem-26863	72	23	degree	degree	NOUN
fbem-26863	72	24	28.000	28.000	NUM
fbem-26863	72	25	conspicuousness	conspicuousness	ADJ
fbem-26863	72	26	0.000	0.000	NUM
fbem-26863	72	27	3.2.3	3.2.3	NUM
fbem-26863	72	28	.	.	PUNCT
fbem-26863	73	1	common	common	ADJ
fbem-26863	73	2	factor	factor	NOUN
fbem-26863	73	3	extraction	extraction	NOUN
fbem-26863	73	4	and	and	CCONJ
fbem-26863	73	5	total	total	ADJ
fbem-26863	73	6	variance	variance	NOUN
fbem-26863	73	7	explained	explain	VERB
fbem-26863	73	8	using	use	VERB
fbem-26863	73	9	the	the	DET
fbem-26863	73	10	principal	principal	ADJ
fbem-26863	73	11	component	component	NOUN
fbem-26863	73	12	analysis	analysis	NOUN
fbem-26863	73	13	method	method	NOUN
fbem-26863	73	14	,	,	PUNCT
fbem-26863	73	15	common	common	ADJ
fbem-26863	73	16	factors	factor	NOUN
fbem-26863	73	17	are	be	AUX
fbem-26863	73	18	extracted	extract	VERB
fbem-26863	73	19	.	.	PUNCT
fbem-26863	74	1	from	from	ADP
fbem-26863	74	2	the	the	DET
fbem-26863	74	3	total	total	ADJ
fbem-26863	74	4	variance	variance	NOUN
fbem-26863	74	5	explained	explain	VERB
fbem-26863	74	6	table	table	NOUN
fbem-26863	74	7	in	in	ADP
fbem-26863	74	8	table	table	NOUN
fbem-26863	74	9	5	5	NUM
fbem-26863	74	10	,	,	PUNCT
fbem-26863	74	11	it	it	PRON
fbem-26863	74	12	can	can	AUX
fbem-26863	74	13	be	be	AUX
fbem-26863	74	14	seen	see	VERB
fbem-26863	74	15	that	that	SCONJ
fbem-26863	74	16	the	the	DET
fbem-26863	74	17	initial	initial	ADJ
fbem-26863	74	18	eigenvalues	eigenvalue	VERB
fbem-26863	74	19	for	for	ADP
fbem-26863	74	20	component	component	NOUN
fbem-26863	74	21	1	1	NUM
fbem-26863	74	22	and	and	CCONJ
fbem-26863	74	23	component	component	NOUN
fbem-26863	74	24	2	2	NUM
fbem-26863	74	25	are	be	AUX
fbem-26863	74	26	3.952	3.952	NUM
fbem-26863	74	27	and	and	CCONJ
fbem-26863	74	28	3.217	3.217	NUM
fbem-26863	74	29	,	,	PUNCT
fbem-26863	74	30	respectively	respectively	ADV
fbem-26863	74	31	,	,	PUNCT
fbem-26863	74	32	both	both	PRON
fbem-26863	74	33	of	of	ADP
fbem-26863	74	34	which	which	PRON
fbem-26863	74	35	are	be	AUX
fbem-26863	74	36	greater	great	ADJ
fbem-26863	74	37	than	than	ADP
fbem-26863	74	38	1	1	NUM
fbem-26863	74	39	.	.	PUNCT
fbem-26863	75	1	the	the	DET
fbem-26863	75	2	cumulative	cumulative	ADJ
fbem-26863	75	3	variance	variance	NOUN
fbem-26863	75	4	contribution	contribution	NOUN
fbem-26863	75	5	rate	rate	NOUN
fbem-26863	75	6	is	be	AUX
fbem-26863	75	7	89.609	89.609	NUM
fbem-26863	75	8	%	%	NOUN
fbem-26863	75	9	,	,	PUNCT
fbem-26863	75	10	which	which	PRON
fbem-26863	75	11	exceeds	exceed	VERB
fbem-26863	75	12	80	80	NUM
fbem-26863	75	13	%	%	NOUN
fbem-26863	75	14	,	,	PUNCT
fbem-26863	75	15	indicating	indicate	VERB
fbem-26863	75	16	a	a	DET
fbem-26863	75	17	high	high	ADJ
fbem-26863	75	18	level	level	NOUN
fbem-26863	75	19	of	of	ADP
fbem-26863	75	20	explanation	explanation	NOUN
fbem-26863	75	21	.	.	PUNCT
fbem-26863	76	1	this	this	PRON
fbem-26863	76	2	suggests	suggest	VERB
fbem-26863	76	3	that	that	SCONJ
fbem-26863	76	4	the	the	DET
fbem-26863	76	5	two	two	NUM
fbem-26863	76	6	factors	factor	NOUN
fbem-26863	76	7	can	can	AUX
fbem-26863	76	8	reflect	reflect	VERB
fbem-26863	76	9	89.609	89.609	NUM
fbem-26863	76	10	%	%	NOUN
fbem-26863	76	11	of	of	ADP
fbem-26863	76	12	the	the	DET
fbem-26863	76	13	overall	overall	ADJ
fbem-26863	76	14	information	information	NOUN
fbem-26863	76	15	and	and	CCONJ
fbem-26863	76	16	possess	possess	VERB
fbem-26863	76	17	certain	certain	ADJ
fbem-26863	76	18	representativeness	representativeness	NOUN
fbem-26863	76	19	.	.	PUNCT
fbem-26863	77	1	observing	observe	VERB
fbem-26863	77	2	the	the	DET
fbem-26863	77	3	scree	scree	ADJ
fbem-26863	77	4	plot	plot	NOUN
fbem-26863	77	5	(	(	PUNCT
fbem-26863	77	6	figure	figure	NOUN
fbem-26863	77	7	3	3	NUM
fbem-26863	77	8	)	)	PUNCT
fbem-26863	77	9	,	,	PUNCT
fbem-26863	77	10	it	it	PRON
fbem-26863	77	11	is	be	AUX
fbem-26863	77	12	noted	note	VERB
fbem-26863	77	13	that	that	SCONJ
fbem-26863	77	14	the	the	DET
fbem-26863	77	15	eigenvalues	eigenvalue	NOUN
fbem-26863	77	16	for	for	ADP
fbem-26863	77	17	component	component	NOUN
fbem-26863	77	18	1	1	NUM
fbem-26863	77	19	and	and	CCONJ
fbem-26863	77	20	component	component	NOUN
fbem-26863	77	21	2	2	NUM
fbem-26863	77	22	are	be	AUX
fbem-26863	77	23	relatively	relatively	ADV
fbem-26863	77	24	high	high	ADJ
fbem-26863	77	25	.	.	PUNCT
fbem-26863	78	1	at	at	ADP
fbem-26863	78	2	component	component	NOUN
fbem-26863	78	3	3	3	NUM
fbem-26863	78	4	,	,	PUNCT
fbem-26863	78	5	the	the	DET
fbem-26863	78	6	eigenvalue	eigenvalue	NOUN
fbem-26863	78	7	drops	drop	VERB
fbem-26863	78	8	rapidly	rapidly	ADV
fbem-26863	78	9	to	to	ADP
fbem-26863	78	10	between	between	ADP
fbem-26863	78	11	0	0	NUM
fbem-26863	78	12	and	and	CCONJ
fbem-26863	78	13	1	1	NUM
fbem-26863	78	14	,	,	PUNCT
fbem-26863	78	15	and	and	CCONJ
fbem-26863	78	16	the	the	DET
fbem-26863	78	17	curve	curve	NOUN
fbem-26863	78	18	becomes	become	VERB
fbem-26863	78	19	flat	flat	ADJ
fbem-26863	78	20	at	at	ADP
fbem-26863	78	21	this	this	DET
fbem-26863	78	22	point	point	NOUN
fbem-26863	78	23	.	.	PUNCT
fbem-26863	79	1	this	this	PRON
fbem-26863	79	2	confirms	confirm	VERB
fbem-26863	79	3	that	that	SCONJ
fbem-26863	79	4	selecting	select	VERB
fbem-26863	79	5	component	component	NOUN
fbem-26863	79	6	1	1	NUM
fbem-26863	79	7	and	and	CCONJ
fbem-26863	79	8	component	component	NOUN
fbem-26863	79	9	2	2	NUM
fbem-26863	79	10	as	as	ADP
fbem-26863	79	11	common	common	ADJ
fbem-26863	79	12	factors	factor	NOUN
fbem-26863	79	13	is	be	AUX
fbem-26863	79	14	appropriate	appropriate	ADJ
fbem-26863	79	15	.	.	PUNCT
fbem-26863	80	1	table	table	NOUN
fbem-26863	80	2	5	5	NUM
fbem-26863	80	3	.	.	PUNCT
fbem-26863	80	4	total	total	ADJ
fbem-26863	80	5	variance	variance	NOUN
fbem-26863	80	6	interpretation	interpretation	NOUN
fbem-26863	80	7	ingred	ingre	VERB
fbem-26863	80	8	ient	ient	PROPN
fbem-26863	80	9	initial	initial	ADJ
fbem-26863	80	10	eigenvalue	eigenvalue	PROPN
fbem-26863	80	11	the	the	DET
fbem-26863	80	12	sum	sum	NOUN
fbem-26863	80	13	of	of	ADP
fbem-26863	80	14	the	the	DET
fbem-26863	80	15	load	load	NOUN
fbem-26863	80	16	squares	square	NOUN
fbem-26863	80	17	was	be	AUX
fbem-26863	80	18	extracted	extract	VERB
fbem-26863	80	19	the	the	DET
fbem-26863	80	20	sum	sum	NOUN
fbem-26863	80	21	of	of	ADP
fbem-26863	80	22	the	the	DET
fbem-26863	80	23	rotating	rotate	VERB
fbem-26863	80	24	load	load	NOUN
fbem-26863	80	25	squares	square	NOUN
fbem-26863	80	26	amoun	amoun	PROPN
fbem-26863	80	27	t	t	PROPN
fbem-26863	80	28	to	to	PART
fbem-26863	80	29	variance	variance	VERB
fbem-26863	80	30	percentage	percentage	NOUN
fbem-26863	80	31	(	(	PUNCT
fbem-26863	80	32	%	%	INTJ
fbem-26863	80	33	)	)	PUNCT
fbem-26863	80	34	accumulat	accumulat	NOUN
fbem-26863	80	35	e	e	X
fbem-26863	80	36	(	(	PUNCT
fbem-26863	80	37	%	%	INTJ
fbem-26863	80	38	)	)	PUNCT
fbem-26863	80	39	amoun	amoun	PROPN
fbem-26863	80	40	t	t	PROPN
fbem-26863	80	41	to	to	PART
fbem-26863	80	42	variance	variance	VERB
fbem-26863	80	43	percentage	percentage	NOUN
fbem-26863	80	44	(	(	PUNCT
fbem-26863	80	45	%	%	INTJ
fbem-26863	80	46	)	)	PUNCT
fbem-26863	80	47	accumulat	accumulat	NOUN
fbem-26863	80	48	e	e	X
fbem-26863	80	49	(	(	PUNCT
fbem-26863	80	50	%	%	INTJ
fbem-26863	80	51	)	)	PUNCT
fbem-26863	80	52	amoun	amoun	PROPN
fbem-26863	80	53	t	t	PROPN
fbem-26863	80	54	to	to	PART
fbem-26863	80	55	variance	variance	VERB
fbem-26863	81	1	percentage	percentage	NOUN
fbem-26863	81	2	(	(	PUNCT
fbem-26863	81	3	%	%	INTJ
fbem-26863	81	4	)	)	PUNCT
fbem-26863	81	5	accumulat	accumulat	NOUN
fbem-26863	81	6	e	e	X
fbem-26863	81	7	(	(	PUNCT
fbem-26863	81	8	%	%	INTJ
fbem-26863	81	9	)	)	PUNCT
fbem-26863	81	10	1	1	NUM
fbem-26863	81	11	3.952	3.952	NUM
fbem-26863	81	12	49.395	49.395	NUM
fbem-26863	81	13	49.395	49.395	NUM
fbem-26863	81	14	3.952	3.952	NUM
fbem-26863	81	15	49.395	49.395	NUM
fbem-26863	81	16	49.395	49.395	NUM
fbem-26863	81	17	3.795	3.795	NUM
fbem-26863	81	18	47.434	47.434	NUM
fbem-26863	81	19	47.434	47.434	NUM
fbem-26863	81	20	2	2	NUM
fbem-26863	81	21	3.217	3.217	NUM
fbem-26863	81	22	40.215	40.215	NUM
fbem-26863	81	23	89.609	89.609	NUM
fbem-26863	81	24	3.217	3.217	NUM
fbem-26863	81	25	40.215	40.215	NUM
fbem-26863	81	26	89.609	89.609	NUM
fbem-26863	81	27	3.374	3.374	NUM
fbem-26863	81	28	42.176	42.176	NUM
fbem-26863	81	29	89.609	89.609	NUM
fbem-26863	81	30	3	3	NUM
fbem-26863	81	31	0.514	0.514	NUM
fbem-26863	81	32	6.424	6.424	NUM
fbem-26863	81	33	96.033	96.033	NUM
fbem-26863	81	34	4	4	NUM
fbem-26863	81	35	0.234	0.234	NUM
fbem-26863	81	36	2.919	2.919	NUM
fbem-26863	81	37	98.952	98.952	NUM
fbem-26863	81	38	5	5	NUM
fbem-26863	81	39	0.061	0.061	NUM
fbem-26863	81	40	0.768	0.768	NUM
fbem-26863	81	41	99.72	99.72	NUM
fbem-26863	81	42	6	6	NUM
fbem-26863	81	43	0.012	0.012	NUM
fbem-26863	81	44	0.156	0.156	NUM
fbem-26863	81	45	99.876	99.876	NUM
fbem-26863	81	46	7	7	NUM
fbem-26863	81	47	0.009	0.009	NUM
fbem-26863	81	48	0.113	0.113	NUM
fbem-26863	81	49	99.989	99.989	NUM
fbem-26863	81	50	8	8	NUM
fbem-26863	81	51	0.001	0.001	NUM
fbem-26863	81	52	0.011	0.011	NUM
fbem-26863	81	53	100	100	NUM
fbem-26863	81	54	extraction	extraction	NOUN
fbem-26863	81	55	method	method	NOUN
fbem-26863	81	56	:	:	PUNCT
fbem-26863	81	57	principal	principal	ADJ
fbem-26863	81	58	component	component	NOUN
fbem-26863	81	59	analysis	analysis	NOUN
fbem-26863	81	60	method	method	NOUN
fbem-26863	81	61	204	204	NUM
fbem-26863	81	62	figure	figure	NOUN
fbem-26863	81	63	3	3	NUM
fbem-26863	81	64	.	.	PUNCT
fbem-26863	81	65	scree	scree	ADJ
fbem-26863	81	66	plot	plot	NOUN
fbem-26863	81	67	3.2.4	3.2.4	NUM
fbem-26863	81	68	.	.	PUNCT
fbem-26863	81	69	factor	factor	NOUN
fbem-26863	81	70	rotation	rotation	NOUN
fbem-26863	81	71	and	and	CCONJ
fbem-26863	81	72	naming	naming	NOUN
fbem-26863	81	73	of	of	ADP
fbem-26863	81	74	common	common	ADJ
fbem-26863	81	75	factors	factor	NOUN
fbem-26863	81	76	factor	factor	NOUN
fbem-26863	81	77	rotation	rotation	NOUN
fbem-26863	81	78	is	be	AUX
fbem-26863	81	79	performed	perform	VERB
fbem-26863	81	80	to	to	PART
fbem-26863	81	81	enhance	enhance	VERB
fbem-26863	81	82	the	the	DET
fbem-26863	81	83	interpretability	interpretability	NOUN
fbem-26863	81	84	of	of	ADP
fbem-26863	81	85	the	the	DET
fbem-26863	81	86	factors	factor	NOUN
fbem-26863	81	87	.	.	PUNCT
fbem-26863	82	1	through	through	ADP
fbem-26863	82	2	rotation	rotation	NOUN
fbem-26863	82	3	,	,	PUNCT
fbem-26863	82	4	the	the	DET
fbem-26863	82	5	factor	factor	NOUN
fbem-26863	82	6	loadings	loading	NOUN
fbem-26863	82	7	can	can	AUX
fbem-26863	82	8	be	be	AUX
fbem-26863	82	9	made	make	VERB
fbem-26863	82	10	clearer	clear	ADJ
fbem-26863	82	11	,	,	PUNCT
fbem-26863	82	12	and	and	CCONJ
fbem-26863	82	13	by	by	ADP
fbem-26863	82	14	examining	examine	VERB
fbem-26863	82	15	the	the	DET
fbem-26863	82	16	factor	factor	NOUN
fbem-26863	82	17	loading	loading	NOUN
fbem-26863	82	18	matrix	matrix	NOUN
fbem-26863	82	19	,	,	PUNCT
fbem-26863	82	20	it	it	PRON
fbem-26863	82	21	is	be	AUX
fbem-26863	82	22	possible	possible	ADJ
fbem-26863	82	23	to	to	PART
fbem-26863	82	24	determine	determine	VERB
fbem-26863	82	25	which	which	PRON
fbem-26863	82	26	variables	variable	NOUN
fbem-26863	82	27	are	be	AUX
fbem-26863	82	28	highly	highly	ADV
fbem-26863	82	29	related	related	ADJ
fbem-26863	82	30	to	to	ADP
fbem-26863	82	31	which	which	DET
fbem-26863	82	32	factors	factor	NOUN
fbem-26863	82	33	.	.	PUNCT
fbem-26863	83	1	in	in	ADP
fbem-26863	83	2	this	this	DET
fbem-26863	83	3	paper	paper	NOUN
fbem-26863	83	4	,	,	PUNCT
fbem-26863	83	5	principal	principal	ADJ
fbem-26863	83	6	component	component	NOUN
fbem-26863	83	7	analysis	analysis	NOUN
fbem-26863	83	8	is	be	AUX
fbem-26863	83	9	used	use	VERB
fbem-26863	83	10	to	to	PART
fbem-26863	83	11	extract	extract	VERB
fbem-26863	83	12	common	common	ADJ
fbem-26863	83	13	factors	factor	NOUN
fbem-26863	83	14	,	,	PUNCT
fbem-26863	83	15	and	and	CCONJ
fbem-26863	83	16	the	the	DET
fbem-26863	83	17	kaiser	kaiser	PROPN
fbem-26863	83	18	normalization	normalization	PROPN
fbem-26863	83	19	maximum	maximum	PROPN
fbem-26863	83	20	variance	variance	NOUN
fbem-26863	83	21	method	method	NOUN
fbem-26863	83	22	is	be	AUX
fbem-26863	83	23	adopted	adopt	VERB
fbem-26863	83	24	for	for	ADP
fbem-26863	83	25	factor	factor	NOUN
fbem-26863	83	26	rotation	rotation	NOUN
fbem-26863	83	27	.	.	PUNCT
fbem-26863	84	1	the	the	DET
fbem-26863	84	2	two	two	NUM
fbem-26863	84	3	extracted	extract	VERB
fbem-26863	84	4	factors	factor	NOUN
fbem-26863	84	5	are	be	AUX
fbem-26863	84	6	denoted	denote	VERB
fbem-26863	84	7	as	as	ADP
fbem-26863	84	8	f1	f1	NOUN
fbem-26863	84	9	and	and	CCONJ
fbem-26863	84	10	f2	f2	PROPN
fbem-26863	84	11	.	.	PUNCT
fbem-26863	85	1	from	from	ADP
fbem-26863	85	2	table	table	NOUN
fbem-26863	85	3	6	6	NUM
fbem-26863	85	4	,	,	PUNCT
fbem-26863	85	5	it	it	PRON
fbem-26863	85	6	can	can	AUX
fbem-26863	85	7	be	be	AUX
fbem-26863	85	8	seen	see	VERB
fbem-26863	85	9	that	that	PRON
fbem-26863	85	10	component	component	NOUN
fbem-26863	85	11	1	1	NUM
fbem-26863	85	12	has	have	VERB
fbem-26863	85	13	larger	large	ADJ
fbem-26863	85	14	factor	factor	NOUN
fbem-26863	85	15	loadings	loading	NOUN
fbem-26863	85	16	on	on	ADP
fbem-26863	85	17	four	four	NUM
fbem-26863	85	18	variables	variable	NOUN
fbem-26863	85	19	:	:	PUNCT
fbem-26863	85	20	return	return	NOUN
fbem-26863	85	21	on	on	ADP
fbem-26863	85	22	equity	equity	NOUN
fbem-26863	85	23	(	(	PUNCT
fbem-26863	85	24	x1	x1	PROPN
fbem-26863	85	25	)	)	PUNCT
fbem-26863	85	26	,	,	PUNCT
fbem-26863	85	27	return	return	VERB
fbem-26863	85	28	on	on	ADP
fbem-26863	85	29	total	total	ADJ
fbem-26863	85	30	assets	asset	NOUN
fbem-26863	85	31	(	(	PUNCT
fbem-26863	85	32	x2	x2	PROPN
fbem-26863	85	33	)	)	PUNCT
fbem-26863	85	34	,	,	PUNCT
fbem-26863	85	35	operating	operate	VERB
fbem-26863	85	36	profit	profit	NOUN
fbem-26863	85	37	growth	growth	NOUN
fbem-26863	85	38	rate	rate	NOUN
fbem-26863	85	39	(	(	PUNCT
fbem-26863	85	40	x3	x3	ADJ
fbem-26863	85	41	)	)	PUNCT
fbem-26863	85	42	,	,	PUNCT
fbem-26863	85	43	and	and	CCONJ
fbem-26863	85	44	net	net	ADJ
fbem-26863	85	45	profit	profit	NOUN
fbem-26863	85	46	attributable	attributable	ADJ
fbem-26863	85	47	to	to	ADP
fbem-26863	85	48	shareholders	shareholder	NOUN
fbem-26863	85	49	of	of	ADP
fbem-26863	85	50	the	the	DET
fbem-26863	85	51	parent	parent	NOUN
fbem-26863	85	52	company	company	NOUN
fbem-26863	85	53	growth	growth	NOUN
fbem-26863	85	54	rate	rate	NOUN
fbem-26863	85	55	(	(	PUNCT
fbem-26863	85	56	x4	x4	PROPN
fbem-26863	85	57	)	)	PUNCT
fbem-26863	85	58	,	,	PUNCT
fbem-26863	85	59	with	with	ADP
fbem-26863	85	60	loadings	loading	NOUN
fbem-26863	85	61	of	of	ADP
fbem-26863	85	62	0.981	0.981	NUM
fbem-26863	85	63	,	,	PUNCT
fbem-26863	85	64	0.952	0.952	NUM
fbem-26863	85	65	,	,	PUNCT
fbem-26863	85	66	0.937	0.937	NUM
fbem-26863	85	67	,	,	PUNCT
fbem-26863	85	68	and	and	CCONJ
fbem-26863	85	69	0.983	0.983	NUM
fbem-26863	85	70	,	,	PUNCT
fbem-26863	85	71	respectively	respectively	ADV
fbem-26863	85	72	.	.	PUNCT
fbem-26863	86	1	return	return	NOUN
fbem-26863	86	2	on	on	ADP
fbem-26863	86	3	equity	equity	NOUN
fbem-26863	86	4	and	and	CCONJ
fbem-26863	86	5	return	return	VERB
fbem-26863	86	6	on	on	ADP
fbem-26863	86	7	total	total	ADJ
fbem-26863	86	8	assets	asset	NOUN
fbem-26863	86	9	reflect	reflect	VERB
fbem-26863	86	10	the	the	DET
fbem-26863	86	11	company	company	NOUN
fbem-26863	86	12	's	's	PART
fbem-26863	86	13	profitability	profitability	NOUN
fbem-26863	86	14	,	,	PUNCT
fbem-26863	86	15	while	while	SCONJ
fbem-26863	86	16	the	the	DET
fbem-26863	86	17	operating	operate	VERB
fbem-26863	86	18	profit	profit	NOUN
fbem-26863	86	19	growth	growth	NOUN
fbem-26863	86	20	rate	rate	NOUN
fbem-26863	86	21	and	and	CCONJ
fbem-26863	86	22	net	net	ADJ
fbem-26863	86	23	profit	profit	NOUN
fbem-26863	86	24	attributable	attributable	ADJ
fbem-26863	86	25	to	to	ADP
fbem-26863	86	26	shareholders	shareholder	NOUN
fbem-26863	86	27	of	of	ADP
fbem-26863	86	28	the	the	DET
fbem-26863	86	29	parent	parent	NOUN
fbem-26863	86	30	company	company	NOUN
fbem-26863	86	31	growth	growth	NOUN
fbem-26863	86	32	rate	rate	NOUN
fbem-26863	86	33	reflect	reflect	VERB
fbem-26863	86	34	the	the	DET
fbem-26863	86	35	company	company	NOUN
fbem-26863	86	36	's	's	PART
fbem-26863	86	37	growth	growth	NOUN
fbem-26863	86	38	capabilities	capability	NOUN
fbem-26863	86	39	.	.	PUNCT
fbem-26863	87	1	therefore	therefore	ADV
fbem-26863	87	2	,	,	PUNCT
fbem-26863	87	3	component	component	NOUN
fbem-26863	87	4	1	1	NUM
fbem-26863	87	5	is	be	AUX
fbem-26863	87	6	named	name	VERB
fbem-26863	87	7	f1	f1	NOUN
fbem-26863	87	8	,	,	PUNCT
fbem-26863	87	9	profitability	profitability	NOUN
fbem-26863	87	10	and	and	CCONJ
fbem-26863	87	11	growth	growth	NOUN
fbem-26863	87	12	capability	capability	NOUN
fbem-26863	87	13	factor	factor	NOUN
fbem-26863	87	14	component	component	NOUN
fbem-26863	87	15	2	2	NUM
fbem-26863	87	16	has	have	VERB
fbem-26863	87	17	larger	large	ADJ
fbem-26863	87	18	factor	factor	NOUN
fbem-26863	87	19	loadings	loading	NOUN
fbem-26863	87	20	on	on	ADP
fbem-26863	87	21	four	four	NUM
fbem-26863	87	22	variables	variable	NOUN
fbem-26863	87	23	:	:	PUNCT
fbem-26863	87	24	debt	debt	NOUN
fbem-26863	87	25	to	to	ADP
fbem-26863	87	26	asset	asset	NOUN
fbem-26863	87	27	ratio	ratio	NOUN
fbem-26863	87	28	(	(	PUNCT
fbem-26863	87	29	x5	x5	PROPN
fbem-26863	87	30	)	)	PUNCT
fbem-26863	87	31	,	,	PUNCT
fbem-26863	87	32	equity	equity	NOUN
fbem-26863	87	33	multiplier	multipli	ADJ
fbem-26863	87	34	(	(	PUNCT
fbem-26863	87	35	x6	x6	PROPN
fbem-26863	87	36	)	)	PUNCT
fbem-26863	87	37	,	,	PUNCT
fbem-26863	87	38	fixed	fix	VERB
fbem-26863	87	39	asset	asset	NOUN
fbem-26863	87	40	turnover	turnover	NOUN
fbem-26863	87	41	rate	rate	NOUN
fbem-26863	87	42	(	(	PUNCT
fbem-26863	87	43	x7	x7	NOUN
fbem-26863	87	44	)	)	PUNCT
fbem-26863	87	45	,	,	PUNCT
fbem-26863	87	46	and	and	CCONJ
fbem-26863	87	47	current	current	ADJ
fbem-26863	87	48	asset	asset	NOUN
fbem-26863	87	49	turnover	turnover	NOUN
fbem-26863	87	50	rate	rate	NOUN
fbem-26863	87	51	(	(	PUNCT
fbem-26863	87	52	x8	x8	PROPN
fbem-26863	87	53	)	)	PUNCT
fbem-26863	87	54	,	,	PUNCT
fbem-26863	87	55	with	with	ADP
fbem-26863	87	56	loadings	loading	NOUN
fbem-26863	87	57	of	of	ADP
fbem-26863	87	58	0.953	0.953	NUM
fbem-26863	87	59	,	,	PUNCT
fbem-26863	87	60	0.957	0.957	NUM
fbem-26863	87	61	,	,	PUNCT
fbem-26863	87	62	0.979	0.979	NUM
fbem-26863	87	63	,	,	PUNCT
fbem-26863	87	64	and	and	CCONJ
fbem-26863	87	65	0.759	0.759	NUM
fbem-26863	87	66	,	,	PUNCT
fbem-26863	87	67	respectively	respectively	ADV
fbem-26863	87	68	.	.	PUNCT
fbem-26863	88	1	debt	debt	NOUN
fbem-26863	88	2	asset	asset	NOUN
fbem-26863	88	3	ratio	ratio	NOUN
fbem-26863	88	4	and	and	CCONJ
fbem-26863	88	5	equity	equity	NOUN
fbem-26863	88	6	multiplier	multiplier	ADV
fbem-26863	88	7	reflect	reflect	VERB
fbem-26863	88	8	the	the	DET
fbem-26863	88	9	company	company	NOUN
fbem-26863	88	10	's	's	PART
fbem-26863	88	11	debt	debt	NOUN
fbem-26863	88	12	-	-	PUNCT
fbem-26863	88	13	paying	pay	VERB
fbem-26863	88	14	ability	ability	NOUN
fbem-26863	88	15	,	,	PUNCT
fbem-26863	88	16	while	while	SCONJ
fbem-26863	88	17	fixed	fixed	ADJ
fbem-26863	88	18	asset	asset	NOUN
fbem-26863	88	19	turnover	turnover	NOUN
fbem-26863	88	20	rate	rate	NOUN
fbem-26863	88	21	and	and	CCONJ
fbem-26863	88	22	current	current	ADJ
fbem-26863	88	23	asset	asset	NOUN
fbem-26863	88	24	turnover	turnover	NOUN
fbem-26863	88	25	rate	rate	NOUN
fbem-26863	88	26	reflect	reflect	VERB
fbem-26863	88	27	the	the	DET
fbem-26863	88	28	company	company	NOUN
fbem-26863	88	29	's	's	PART
fbem-26863	88	30	operational	operational	ADJ
fbem-26863	88	31	capability	capability	NOUN
fbem-26863	88	32	.	.	PUNCT
fbem-26863	89	1	thus	thus	ADV
fbem-26863	89	2	,	,	PUNCT
fbem-26863	89	3	component	component	NOUN
fbem-26863	89	4	2	2	NUM
fbem-26863	89	5	is	be	AUX
fbem-26863	89	6	named	name	VERB
fbem-26863	89	7	f2	f2	ADJ
fbem-26863	89	8	,	,	PUNCT
fbem-26863	89	9	debtpaying	debtpaying	NOUN
fbem-26863	89	10	and	and	CCONJ
fbem-26863	89	11	operational	operational	ADJ
fbem-26863	89	12	capability	capability	NOUN
fbem-26863	89	13	factor	factor	NOUN
fbem-26863	89	14	.	.	PUNCT
fbem-26863	90	1	table	table	NOUN
fbem-26863	90	2	6	6	NUM
fbem-26863	90	3	.	.	PUNCT
fbem-26863	90	4	composition	composition	NOUN
fbem-26863	90	5	matrix	matrix	NOUN
fbem-26863	90	6	after	after	SCONJ
fbem-26863	90	7	the	the	DET
fbem-26863	90	8	rotation	rotation	NOUN
fbem-26863	90	9	ingredient	ingredient	NOUN
fbem-26863	90	10	f1	f1	NOUN
fbem-26863	90	11	f2	f2	PROPN
fbem-26863	90	12	return	return	VERB
fbem-26863	90	13	on	on	ADP
fbem-26863	90	14	equity	equity	NOUN
fbem-26863	90	15	0.981	0.981	NUM
fbem-26863	90	16	0.064	0.064	NUM
fbem-26863	90	17	return	return	NOUN
fbem-26863	90	18	on	on	ADP
fbem-26863	90	19	total	total	ADJ
fbem-26863	90	20	assets	asset	NOUN
fbem-26863	90	21	0.952	0.952	NUM
fbem-26863	90	22	-0.073	-0.073	PUNCT
fbem-26863	90	23	operating	operate	VERB
fbem-26863	90	24	profit	profit	NOUN
fbem-26863	90	25	growth	growth	NOUN
fbem-26863	90	26	rate	rate	NOUN
fbem-26863	90	27	0.937	0.937	NUM
fbem-26863	90	28	-0.063	-0.063	PUNCT
fbem-26863	90	29	net	net	ADJ
fbem-26863	90	30	profit	profit	NOUN
fbem-26863	90	31	attributable	attributable	ADJ
fbem-26863	90	32	to	to	ADP
fbem-26863	90	33	shareholders	shareholder	NOUN
fbem-26863	90	34	of	of	ADP
fbem-26863	90	35	the	the	DET
fbem-26863	90	36	parent	parent	NOUN
fbem-26863	90	37	company	company	NOUN
fbem-26863	90	38	growth	growth	NOUN
fbem-26863	90	39	rate	rate	NOUN
fbem-26863	90	40	0.983	0.983	NUM
fbem-26863	90	41	-0.052	-0.052	NOUN
fbem-26863	90	42	debt	debt	NOUN
fbem-26863	90	43	to	to	ADP
fbem-26863	90	44	asset	asset	NOUN
fbem-26863	90	45	ratio	ratio	NOUN
fbem-26863	90	46	-0.159	-0.159	PROPN
fbem-26863	90	47	0.953	0.953	NUM
fbem-26863	90	48	equity	equity	NOUN
fbem-26863	90	49	multiplier	multiplier	ADV
fbem-26863	90	50	-0.154	-0.154	PROPN
fbem-26863	90	51	0.957	0.957	NUM
fbem-26863	90	52	fixed	fix	VERB
fbem-26863	90	53	asset	asset	NOUN
fbem-26863	90	54	turnover	turnover	NOUN
fbem-26863	90	55	rate	rate	NOUN
fbem-26863	90	56	-0.022	-0.022	PROPN
fbem-26863	90	57	0.979	0.979	NUM
fbem-26863	90	58	current	current	ADJ
fbem-26863	90	59	asset	asset	NOUN
fbem-26863	90	60	turnover	turnover	NOUN
fbem-26863	90	61	rate	rate	NOUN
fbem-26863	90	62	0.180	0.180	NUM
fbem-26863	90	63	0.759	0.759	NUM
fbem-26863	90	64	extraction	extraction	NOUN
fbem-26863	90	65	method	method	NOUN
fbem-26863	90	66	:	:	PUNCT
fbem-26863	90	67	principal	principal	ADJ
fbem-26863	90	68	component	component	NOUN
fbem-26863	90	69	analysis	analysis	NOUN
fbem-26863	90	70	method	method	NOUN
fbem-26863	90	71	rotation	rotation	NOUN
fbem-26863	90	72	method	method	NOUN
fbem-26863	90	73	:	:	PUNCT
fbem-26863	90	74	caesar	caesar	PROPN
fbem-26863	90	75	normal	normal	ADJ
fbem-26863	90	76	maximum	maximum	ADJ
fbem-26863	90	77	variance	variance	NOUN
fbem-26863	90	78	method	method	NOUN
fbem-26863	90	79	the	the	DET
fbem-26863	90	80	rotation	rotation	NOUN
fbem-26863	90	81	has	have	AUX
fbem-26863	90	82	converged	converge	VERB
fbem-26863	90	83	after	after	ADP
fbem-26863	90	84	3	3	NUM
fbem-26863	90	85	iterations	iteration	NOUN
fbem-26863	90	86	.	.	PUNCT
fbem-26863	91	1	3.2.5	3.2.5	X
fbem-26863	91	2	.	.	X
fbem-26863	92	1	calculation	calculation	NOUN
fbem-26863	92	2	of	of	ADP
fbem-26863	92	3	factor	factor	NOUN
fbem-26863	92	4	scores	score	NOUN
fbem-26863	92	5	and	and	CCONJ
fbem-26863	92	6	ranking	rank	VERB
fbem-26863	92	7	using	use	VERB
fbem-26863	92	8	ibm	ibm	PROPN
fbem-26863	92	9	spss	spss	PROPN
fbem-26863	92	10	27.0	27.0	NUM
fbem-26863	92	11	software	software	NOUN
fbem-26863	92	12	to	to	PART
fbem-26863	92	13	perform	perform	VERB
fbem-26863	92	14	factor	factor	NOUN
fbem-26863	92	15	analysis	analysis	NOUN
fbem-26863	92	16	on	on	ADP
fbem-26863	92	17	the	the	DET
fbem-26863	92	18	financial	financial	ADJ
fbem-26863	92	19	data	datum	NOUN
fbem-26863	92	20	of	of	ADP
fbem-26863	92	21	tai	tai	PROPN
fbem-26863	92	22	long	long	ADJ
fbem-26863	92	23	pharmaceutical	pharmaceutical	NOUN
fbem-26863	92	24	,	,	PUNCT
fbem-26863	92	25	the	the	DET
fbem-26863	92	26	factor	factor	NOUN
fbem-26863	92	27	scores	score	VERB
fbem-26863	92	28	coefficient	coefficient	NOUN
fbem-26863	92	29	matrix	matrix	NOUN
fbem-26863	92	30	as	as	SCONJ
fbem-26863	92	31	shown	show	VERB
fbem-26863	92	32	in	in	ADP
fbem-26863	92	33	table	table	NOUN
fbem-26863	92	34	7	7	NUM
fbem-26863	92	35	is	be	AUX
fbem-26863	92	36	obtained	obtain	VERB
fbem-26863	92	37	.	.	PUNCT
fbem-26863	93	1	based	base	VERB
fbem-26863	93	2	on	on	ADP
fbem-26863	93	3	table	table	NOUN
fbem-26863	93	4	7	7	NUM
fbem-26863	93	5	,	,	PUNCT
fbem-26863	93	6	the	the	DET
fbem-26863	93	7	scoring	scoring	NOUN
fbem-26863	93	8	functions	function	NOUN
fbem-26863	93	9	for	for	ADP
fbem-26863	93	10	f1	f1	NOUN
fbem-26863	93	11	(	(	PUNCT
fbem-26863	93	12	profitability	profitability	NOUN
fbem-26863	93	13	and	and	CCONJ
fbem-26863	93	14	growth	growth	NOUN
fbem-26863	93	15	capability	capability	NOUN
fbem-26863	93	16	factor	factor	NOUN
fbem-26863	93	17	)	)	PUNCT
fbem-26863	93	18	and	and	CCONJ
fbem-26863	93	19	f2	f2	PROPN
fbem-26863	93	20	(	(	PUNCT
fbem-26863	93	21	debt	debt	NOUN
fbem-26863	93	22	-	-	PUNCT
fbem-26863	93	23	paying	pay	VERB
fbem-26863	93	24	and	and	CCONJ
fbem-26863	93	25	operational	operational	ADJ
fbem-26863	93	26	capability	capability	NOUN
fbem-26863	93	27	factor	factor	NOUN
fbem-26863	93	28	)	)	PUNCT
fbem-26863	93	29	can	can	AUX
fbem-26863	93	30	be	be	AUX
fbem-26863	93	31	calculated	calculate	VERB
fbem-26863	93	32	.	.	PUNCT
fbem-26863	94	1	the	the	DET
fbem-26863	94	2	specific	specific	ADJ
fbem-26863	94	3	formulas	formula	NOUN
fbem-26863	94	4	are	be	AUX
fbem-26863	94	5	as	as	SCONJ
fbem-26863	94	6	follows	follow	VERB
fbem-26863	94	7	:	:	PUNCT
fbem-26863	94	8	f1=262x1	f1=262x1	ADJ
fbem-26863	94	9	+	+	NOUN
fbem-26863	94	10	0.251x2	0.251x2	NOUN
fbem-26863	94	11	+	+	NOUN
fbem-26863	94	12	0.247x3	0.247x3	ADJ
fbem-26863	94	13	+	+	NOUN
fbem-26863	94	14	0.260x4	0.260x4	NOUN
fbem-26863	94	15	-	-	SYM
fbem-26863	94	16	0.020x50.018x6	0.020x50.018x6	ADJ
fbem-26863	94	17	+	+	NOUN
fbem-26863	94	18	0.017x7	0.017x7	NOUN
fbem-26863	94	19	+	+	NOUN
fbem-26863	94	20	0.066x8	0.066x8	X
fbem-26863	94	21	f2=0.042x1	f2=0.042x1	X
fbem-26863	94	22	+	+	NOUN
fbem-26863	94	23	0.001x2	0.001x2	X
fbem-26863	94	24	+	+	NOUN
fbem-26863	94	25	0.00x3	0.00x3	NOUN
fbem-26863	94	26	+	+	NOUN
fbem-26863	94	27	0.008x4	0.008x4	NOUN
fbem-26863	94	28	+	+	NOUN
fbem-26863	94	29	0.281x5	0.281x5	NOUN
fbem-26863	94	30	+	+	ADJ
fbem-26863	94	31	0.28	0.28	NUM
fbem-26863	94	32	2x6	2x6	NUM
fbem-26863	95	1	+	+	SYM
fbem-26863	95	2	0.292x7	0.292x7	NOUN
fbem-26863	95	3	+	+	ADJ
fbem-26863	95	4	0.231x8	0.231x8	ADJ
fbem-26863	95	5	table	table	NOUN
fbem-26863	95	6	7	7	NUM
fbem-26863	95	7	.	.	PUNCT
fbem-26863	96	1	the	the	DET
fbem-26863	96	2	component	component	NOUN
fbem-26863	96	3	score	score	NOUN
fbem-26863	96	4	coefficient	coefficient	NOUN
fbem-26863	96	5	matrix	matrix	NOUN
fbem-26863	96	6	ingredient	ingredient	NOUN
fbem-26863	96	7	f1	f1	NOUN
fbem-26863	96	8	f2	f2	PROPN
fbem-26863	96	9	return	return	NOUN
fbem-26863	96	10	on	on	ADP
fbem-26863	96	11	equity	equity	NOUN
fbem-26863	96	12	0.262	0.262	NUM
fbem-26863	96	13	0.042	0.042	NUM
fbem-26863	96	14	return	return	NOUN
fbem-26863	96	15	on	on	ADP
fbem-26863	96	16	total	total	ADJ
fbem-26863	96	17	assets	asset	NOUN
fbem-26863	96	18	0.251	0.251	NUM
fbem-26863	96	19	0.001	0.001	NUM
fbem-26863	96	20	operating	operate	VERB
fbem-26863	96	21	profit	profit	NOUN
fbem-26863	96	22	growth	growth	NOUN
fbem-26863	96	23	rate	rate	NOUN
fbem-26863	96	24	0.247	0.247	NUM
fbem-26863	96	25	0.003	0.003	NUM
fbem-26863	96	26	net	net	ADJ
fbem-26863	96	27	profit	profit	NOUN
fbem-26863	96	28	attributable	attributable	ADJ
fbem-26863	96	29	to	to	ADP
fbem-26863	96	30	shareholders	shareholder	NOUN
fbem-26863	96	31	of	of	ADP
fbem-26863	96	32	the	the	DET
fbem-26863	96	33	parent	parent	NOUN
fbem-26863	96	34	company	company	NOUN
fbem-26863	96	35	growth	growth	NOUN
fbem-26863	96	36	rate	rate	NOUN
fbem-26863	96	37	0.260	0.260	NUM
fbem-26863	96	38	0.008	0.008	NUM
fbem-26863	96	39	debt	debt	NOUN
fbem-26863	96	40	to	to	ADP
fbem-26863	96	41	asset	asset	NOUN
fbem-26863	96	42	ratio	ratio	NOUN
fbem-26863	96	43	-0.020	-0.020	PUNCT
fbem-26863	96	44	0.281	0.281	NUM
fbem-26863	96	45	equity	equity	NOUN
fbem-26863	96	46	multiplier	multiplier	ADV
fbem-26863	96	47	-0.018	-0.018	PUNCT
fbem-26863	96	48	0.282	0.282	NUM
fbem-26863	96	49	fixed	fix	VERB
fbem-26863	96	50	asset	asset	NOUN
fbem-26863	96	51	turnover	turnover	NOUN
fbem-26863	96	52	rate	rate	NOUN
fbem-26863	96	53	0.017	0.017	NUM
fbem-26863	96	54	0.292	0.292	NUM
fbem-26863	96	55	current	current	ADJ
fbem-26863	96	56	asset	asset	NOUN
fbem-26863	96	57	turnover	turnover	NOUN
fbem-26863	96	58	rate	rate	NOUN
fbem-26863	96	59	0.066	0.066	NUM
fbem-26863	96	60	0.231	0.231	NUM
fbem-26863	96	61	extraction	extraction	NOUN
fbem-26863	96	62	method	method	NOUN
fbem-26863	96	63	:	:	PUNCT
fbem-26863	96	64	principal	principal	ADJ
fbem-26863	96	65	component	component	NOUN
fbem-26863	96	66	analysis	analysis	NOUN
fbem-26863	96	67	method	method	NOUN
fbem-26863	96	68	rotation	rotation	NOUN
fbem-26863	96	69	method	method	NOUN
fbem-26863	96	70	:	:	PUNCT
fbem-26863	96	71	caesar	caesar	PROPN
fbem-26863	96	72	normal	normal	ADJ
fbem-26863	96	73	maximum	maximum	ADJ
fbem-26863	96	74	variance	variance	NOUN
fbem-26863	96	75	method	method	NOUN
fbem-26863	96	76	component	component	NOUN
fbem-26863	96	77	score	score	NOUN
fbem-26863	96	78	.	.	PUNCT
fbem-26863	97	1	based	base	VERB
fbem-26863	97	2	on	on	ADP
fbem-26863	97	3	the	the	DET
fbem-26863	97	4	calculated	calculate	VERB
fbem-26863	97	5	f1	f1	NOUN
fbem-26863	97	6	and	and	CCONJ
fbem-26863	97	7	f2	f2	PROPN
fbem-26863	97	8	factor	factor	NOUN
fbem-26863	97	9	scores	score	NOUN
fbem-26863	97	10	and	and	CCONJ
fbem-26863	97	11	factor	factor	NOUN
fbem-26863	97	12	scores	score	NOUN
fbem-26863	97	13	,	,	PUNCT
fbem-26863	97	14	the	the	DET
fbem-26863	97	15	comprehensive	comprehensive	ADJ
fbem-26863	97	16	score	score	NOUN
fbem-26863	97	17	function	function	NOUN
fbem-26863	97	18	f	f	PROPN
fbem-26863	97	19	of	of	ADP
fbem-26863	97	20	tailong	tailong	PROPN
fbem-26863	97	21	pharmaceutical	pharmaceutical	NOUN
fbem-26863	97	22	can	can	AUX
fbem-26863	97	23	be	be	AUX
fbem-26863	97	24	calculated	calculate	VERB
fbem-26863	97	25	,	,	PUNCT
fbem-26863	97	26	which	which	PRON
fbem-26863	97	27	is	be	AUX
fbem-26863	97	28	calculated	calculate	VERB
fbem-26863	97	29	as	as	SCONJ
fbem-26863	97	30	follows	follow	VERB
fbem-26863	97	31	:	:	PUNCT
fbem-26863	97	32	f=(47.434f1	f=(47.434f1	PROPN
fbem-26863	97	33	+	+	NOUN
fbem-26863	97	34	47.434f2)/89.609	47.434f2)/89.609	NUM
fbem-26863	97	35	according	accord	VERB
fbem-26863	97	36	to	to	ADP
fbem-26863	97	37	this	this	DET
fbem-26863	97	38	model	model	NOUN
fbem-26863	97	39	,	,	PUNCT
fbem-26863	97	40	the	the	DET
fbem-26863	97	41	factor	factor	NOUN
fbem-26863	97	42	scores	score	NOUN
fbem-26863	97	43	and	and	CCONJ
fbem-26863	97	44	ranking	ranking	NOUN
fbem-26863	97	45	of	of	ADP
fbem-26863	97	46	each	each	DET
fbem-26863	97	47	financial	financial	ADJ
fbem-26863	97	48	index	index	NOUN
fbem-26863	97	49	of	of	ADP
fbem-26863	97	50	tailong	tailong	NOUN
fbem-26863	97	51	pharmaceutical	pharmaceutical	NOUN
fbem-26863	97	52	from	from	ADP
fbem-26863	97	53	2014	2014	NUM
fbem-26863	97	54	to	to	ADP
fbem-26863	97	55	2023	2023	NUM
fbem-26863	97	56	can	can	AUX
fbem-26863	97	57	be	be	AUX
fbem-26863	97	58	calculated	calculate	VERB
fbem-26863	97	59	,	,	PUNCT
fbem-26863	97	60	as	as	SCONJ
fbem-26863	97	61	shown	show	VERB
fbem-26863	97	62	in	in	ADP
fbem-26863	97	63	table	table	NOUN
fbem-26863	97	64	8	8	NUM
fbem-26863	97	65	.	.	NOUN
fbem-26863	97	66	0	0	NUM
fbem-26863	97	67	0.5	0.5	NUM
fbem-26863	97	68	1	1	NUM
fbem-26863	97	69	1.5	1.5	NUM
fbem-26863	97	70	2	2	NUM
fbem-26863	97	71	2.5	2.5	NUM
fbem-26863	97	72	3	3	NUM
fbem-26863	97	73	3.5	3.5	NUM
fbem-26863	97	74	4	4	NUM
fbem-26863	97	75	4.5	4.5	NUM
fbem-26863	97	76	1	1	NUM
fbem-26863	97	77	2	2	NUM
fbem-26863	97	78	3	3	NUM
fbem-26863	97	79	4	4	NUM
fbem-26863	97	80	5	5	NUM
fbem-26863	97	81	6	6	NUM
fbem-26863	97	82	7	7	NUM
fbem-26863	97	83	8	8	NUM
fbem-26863	97	84	e	e	NOUN
fbem-26863	97	85	ig	ig	PROPN
fbem-26863	97	86	e	e	PROPN
fbem-26863	97	87	n	n	NOUN
fbem-26863	97	88	v	v	VERB
fbem-26863	97	89	a	a	DET
fbem-26863	97	90	lu	lu	NOUN
fbem-26863	97	91	e	e	NOUN
fbem-26863	97	92	component	component	NOUN
fbem-26863	97	93	number	number	NOUN
fbem-26863	97	94	205	205	NUM
fbem-26863	97	95	table	table	NOUN
fbem-26863	97	96	8	8	NUM
fbem-26863	97	97	.	.	PUNCT
fbem-26863	98	1	the	the	DET
fbem-26863	98	2	financial	financial	ADJ
fbem-26863	98	3	performance	performance	NOUN
fbem-26863	98	4	score	score	NOUN
fbem-26863	98	5	ranking	ranking	NOUN
fbem-26863	98	6	of	of	ADP
fbem-26863	98	7	tailong	tailong	NOUN
fbem-26863	98	8	pharmaceutical	pharmaceutical	NOUN
fbem-26863	98	9	from	from	ADP
fbem-26863	98	10	2014	2014	NUM
fbem-26863	98	11	to	to	ADP
fbem-26863	98	12	2023	2023	NUM
fbem-26863	98	13	a	a	DET
fbem-26863	98	14	particular	particular	ADJ
fbem-26863	98	15	year	year	NOUN
fbem-26863	98	16	f1	f1	NOUN
fbem-26863	98	17	ranking	rank	VERB
fbem-26863	98	18	f2	f2	ADV
fbem-26863	98	19	ranking	ranking	ADJ
fbem-26863	98	20	f	f	NOUN
fbem-26863	98	21	ranking	rank	VERB
fbem-26863	98	22	2014	2014	NUM
fbem-26863	98	23	0.78	0.78	NUM
fbem-26863	98	24	1	1	NUM
fbem-26863	98	25	-0.16	-0.16	NUM
fbem-26863	98	26	6	6	NUM
fbem-26863	98	27	0.34	0.34	NUM
fbem-26863	98	28	5	5	NUM
fbem-26863	98	29	2015	2015	NUM
fbem-26863	98	30	0.02	0.02	NUM
fbem-26863	98	31	8	8	NUM
fbem-26863	98	32	-1.36	-1.36	NUM
fbem-26863	98	33	9	9	NUM
fbem-26863	98	34	-0.63	-0.63	NUM
fbem-26863	98	35	9	9	NUM
fbem-26863	98	36	2016	2016	NUM
fbem-26863	98	37	0.37	0.37	NUM
fbem-26863	98	38	5	5	NUM
fbem-26863	98	39	-1.40	-1.40	NUM
fbem-26863	98	40	10	10	NUM
fbem-26863	98	41	-0.46	-0.46	NUM
fbem-26863	98	42	8	8	NUM
fbem-26863	98	43	2017	2017	NUM
fbem-26863	98	44	0.40	0.40	NUM
fbem-26863	98	45	4	4	NUM
fbem-26863	98	46	-0.78	-0.78	NUM
fbem-26863	98	47	8	8	NUM
fbem-26863	98	48	-0.16	-0.16	NUM
fbem-26863	98	49	7	7	NUM
fbem-26863	98	50	2018	2018	NUM
fbem-26863	98	51	-2.37	-2.37	NUM
fbem-26863	98	52	10	10	NUM
fbem-26863	98	53	-0.40	-0.40	NUM
fbem-26863	98	54	7	7	NUM
fbem-26863	98	55	-1.44	-1.44	NUM
fbem-26863	98	56	10	10	NUM
fbem-26863	98	57	2019	2019	NUM
fbem-26863	98	58	0.75	0.75	NUM
fbem-26863	98	59	2	2	NUM
fbem-26863	98	60	0.20	0.20	NUM
fbem-26863	98	61	5	5	NUM
fbem-26863	98	62	0.49	0.49	NUM
fbem-26863	98	63	2	2	NUM
fbem-26863	98	64	2020	2020	NUM
fbem-26863	98	65	0.31	0.31	NUM
fbem-26863	98	66	6	6	NUM
fbem-26863	98	67	0.65	0.65	NUM
fbem-26863	98	68	3	3	NUM
fbem-26863	98	69	0.47	0.47	NUM
fbem-26863	98	70	3	3	NUM
fbem-26863	98	71	2021	2021	NUM
fbem-26863	98	72	0.18	0.18	NUM
fbem-26863	98	73	7	7	NUM
fbem-26863	98	74	0.56	0.56	NUM
fbem-26863	98	75	4	4	NUM
fbem-26863	98	76	0.36	0.36	NUM
fbem-26863	98	77	4	4	NUM
fbem-26863	98	78	2022	2022	NUM
fbem-26863	98	79	-1.14	-1.14	PRON
fbem-26863	98	80	9	9	NUM
fbem-26863	98	81	1.26	1.26	NUM
fbem-26863	98	82	2	2	NUM
fbem-26863	98	83	-0.01	-0.01	NUM
fbem-26863	98	84	6	6	NUM
fbem-26863	98	85	2023	2023	NUM
fbem-26863	98	86	0.70	0.70	NUM
fbem-26863	98	87	3	3	NUM
fbem-26863	98	88	1.43	1.43	NUM
fbem-26863	98	89	1	1	NUM
fbem-26863	98	90	1.05	1.05	NUM
fbem-26863	98	91	1	1	NUM
fbem-26863	98	92	4	4	NUM
fbem-26863	98	93	.	.	PUNCT
fbem-26863	98	94	evaluation	evaluation	NOUN
fbem-26863	98	95	and	and	CCONJ
fbem-26863	98	96	analysis	analysis	NOUN
fbem-26863	98	97	of	of	ADP
fbem-26863	98	98	financial	financial	ADJ
fbem-26863	98	99	performance	performance	NOUN
fbem-26863	98	100	under	under	ADP
fbem-26863	98	101	the	the	DET
fbem-26863	98	102	light	light	ADJ
fbem-26863	98	103	asset	asset	NOUN
fbem-26863	98	104	operation	operation	NOUN
fbem-26863	98	105	model	model	NOUN
fbem-26863	98	106	of	of	ADP
fbem-26863	98	107	tai	tai	PROPN
fbem-26863	98	108	long	long	ADV
fbem-26863	98	109	pharmaceutical	pharmaceutical	PROPN
fbem-26863	98	110	4.1	4.1	NUM
fbem-26863	98	111	.	.	PUNCT
fbem-26863	99	1	f	f	X
fbem-26863	99	2	-	-	PUNCT
fbem-26863	99	3	value	value	NOUN
fbem-26863	99	4	analysis	analysis	NOUN
fbem-26863	99	5	as	as	SCONJ
fbem-26863	99	6	shown	show	VERB
fbem-26863	99	7	in	in	ADP
fbem-26863	99	8	table	table	NOUN
fbem-26863	99	9	8	8	NUM
fbem-26863	99	10	,	,	PUNCT
fbem-26863	99	11	the	the	DET
fbem-26863	99	12	f	f	NOUN
fbem-26863	99	13	-	-	PUNCT
fbem-26863	99	14	values	value	NOUN
fbem-26863	99	15	for	for	ADP
fbem-26863	99	16	tai	tai	PROPN
fbem-26863	99	17	long	long	ADJ
fbem-26863	99	18	pharmaceutical	pharmaceutical	NOUN
fbem-26863	99	19	from	from	ADP
fbem-26863	99	20	2014	2014	NUM
fbem-26863	99	21	to	to	ADP
fbem-26863	99	22	2018	2018	NUM
fbem-26863	99	23	are	be	AUX
fbem-26863	99	24	relatively	relatively	ADV
fbem-26863	99	25	low	low	ADJ
fbem-26863	99	26	,	,	PUNCT
fbem-26863	99	27	and	and	CCONJ
fbem-26863	99	28	for	for	ADP
fbem-26863	99	29	the	the	DET
fbem-26863	99	30	years	year	NOUN
fbem-26863	99	31	2015	2015	NUM
fbem-26863	99	32	to	to	ADP
fbem-26863	99	33	2018	2018	NUM
fbem-26863	99	34	,	,	PUNCT
fbem-26863	99	35	the	the	DET
fbem-26863	99	36	f	f	NOUN
fbem-26863	99	37	-	-	PUNCT
fbem-26863	99	38	values	value	NOUN
fbem-26863	99	39	are	be	AUX
fbem-26863	99	40	negative	negative	ADJ
fbem-26863	99	41	,	,	PUNCT
fbem-26863	99	42	indicating	indicate	VERB
fbem-26863	99	43	poor	poor	ADJ
fbem-26863	99	44	operating	operating	NOUN
fbem-26863	99	45	conditions	condition	NOUN
fbem-26863	99	46	and	and	CCONJ
fbem-26863	99	47	financial	financial	ADJ
fbem-26863	99	48	health	health	NOUN
fbem-26863	99	49	that	that	PRON
fbem-26863	99	50	should	should	AUX
fbem-26863	99	51	not	not	PART
fbem-26863	99	52	be	be	AUX
fbem-26863	99	53	overlooked	overlook	VERB
fbem-26863	99	54	.	.	PUNCT
fbem-26863	99	55	from	from	ADP
fbem-26863	99	56	2019	2019	NUM
fbem-26863	99	57	to	to	ADP
fbem-26863	99	58	2023	2023	NUM
fbem-26863	99	59	,	,	PUNCT
fbem-26863	99	60	the	the	DET
fbem-26863	99	61	f	f	NOUN
fbem-26863	99	62	-	-	PUNCT
fbem-26863	99	63	values	value	NOUN
fbem-26863	99	64	are	be	AUX
fbem-26863	99	65	higher	high	ADJ
fbem-26863	99	66	,	,	PUNCT
fbem-26863	99	67	with	with	ADP
fbem-26863	99	68	only	only	ADV
fbem-26863	99	69	the	the	DET
fbem-26863	99	70	year	year	NOUN
fbem-26863	99	71	2022	2022	NUM
fbem-26863	99	72	showing	show	VERB
fbem-26863	99	73	an	an	DET
fbem-26863	99	74	f	f	NOUN
fbem-26863	99	75	-	-	PUNCT
fbem-26863	99	76	value	value	NOUN
fbem-26863	99	77	of	of	ADP
fbem-26863	99	78	-0.01	-0.01	NUM
fbem-26863	99	79	.	.	PUNCT
fbem-26863	100	1	the	the	DET
fbem-26863	100	2	overall	overall	ADJ
fbem-26863	100	3	upward	upward	ADJ
fbem-26863	100	4	trend	trend	NOUN
fbem-26863	100	5	suggests	suggest	VERB
fbem-26863	100	6	that	that	SCONJ
fbem-26863	100	7	after	after	ADP
fbem-26863	100	8	adjusting	adjust	VERB
fbem-26863	100	9	the	the	DET
fbem-26863	100	10	operation	operation	NOUN
fbem-26863	100	11	model	model	NOUN
fbem-26863	100	12	,	,	PUNCT
fbem-26863	100	13	the	the	DET
fbem-26863	100	14	financial	financial	ADJ
fbem-26863	100	15	performance	performance	NOUN
fbem-26863	100	16	has	have	AUX
fbem-26863	100	17	improved	improve	VERB
fbem-26863	100	18	,	,	PUNCT
fbem-26863	100	19	demonstrating	demonstrate	VERB
fbem-26863	100	20	that	that	SCONJ
fbem-26863	100	21	the	the	DET
fbem-26863	100	22	implementation	implementation	NOUN
fbem-26863	100	23	of	of	ADP
fbem-26863	100	24	the	the	DET
fbem-26863	100	25	light	light	ADJ
fbem-26863	100	26	asset	asset	NOUN
fbem-26863	100	27	operation	operation	NOUN
fbem-26863	100	28	model	model	NOUN
fbem-26863	100	29	has	have	AUX
fbem-26863	100	30	effectively	effectively	ADV
fbem-26863	100	31	enhanced	enhance	VERB
fbem-26863	100	32	the	the	DET
fbem-26863	100	33	financial	financial	ADJ
fbem-26863	100	34	performance	performance	NOUN
fbem-26863	100	35	of	of	ADP
fbem-26863	100	36	tai	tai	PROPN
fbem-26863	100	37	long	long	ADJ
fbem-26863	100	38	pharmaceutical	pharmaceutical	NOUN
fbem-26863	100	39	and	and	CCONJ
fbem-26863	100	40	has	have	AUX
fbem-26863	100	41	had	have	VERB
fbem-26863	100	42	a	a	DET
fbem-26863	100	43	positive	positive	ADJ
fbem-26863	100	44	impact	impact	NOUN
fbem-26863	100	45	.	.	PUNCT
fbem-26863	101	1	4.2	4.2	NUM
fbem-26863	101	2	.	.	PUNCT
fbem-26863	101	3	profitability	profitability	NOUN
fbem-26863	101	4	and	and	CCONJ
fbem-26863	101	5	growth	growth	NOUN
fbem-26863	101	6	capability	capability	NOUN
fbem-26863	101	7	factor	factor	NOUN
fbem-26863	101	8	analysis	analysis	NOUN
fbem-26863	101	9	starting	start	VERB
fbem-26863	101	10	from	from	ADP
fbem-26863	101	11	2014	2014	NUM
fbem-26863	101	12	,	,	PUNCT
fbem-26863	101	13	the	the	DET
fbem-26863	101	14	profitability	profitability	NOUN
fbem-26863	101	15	and	and	CCONJ
fbem-26863	101	16	growth	growth	NOUN
fbem-26863	101	17	capability	capability	NOUN
fbem-26863	101	18	factor	factor	NOUN
fbem-26863	101	19	scores	score	NOUN
fbem-26863	101	20	of	of	ADP
fbem-26863	101	21	tai	tai	PROPN
fbem-26863	101	22	long	long	ADJ
fbem-26863	101	23	pharmaceutical	pharmaceutical	NOUN
fbem-26863	101	24	generally	generally	ADV
fbem-26863	101	25	show	show	VERB
fbem-26863	101	26	a	a	DET
fbem-26863	101	27	trend	trend	NOUN
fbem-26863	101	28	of	of	ADP
fbem-26863	101	29	initial	initial	ADJ
fbem-26863	101	30	decline	decline	NOUN
fbem-26863	101	31	followed	follow	VERB
fbem-26863	101	32	by	by	ADP
fbem-26863	101	33	an	an	DET
fbem-26863	101	34	upward	upward	ADJ
fbem-26863	101	35	trend	trend	NOUN
fbem-26863	101	36	,	,	PUNCT
fbem-26863	101	37	with	with	ADP
fbem-26863	101	38	volatility	volatility	NOUN
fbem-26863	101	39	.	.	PUNCT
fbem-26863	102	1	a	a	DET
fbem-26863	102	2	significant	significant	ADJ
fbem-26863	102	3	drop	drop	NOUN
fbem-26863	102	4	occurred	occur	VERB
fbem-26863	102	5	in	in	ADP
fbem-26863	102	6	2018	2018	NUM
fbem-26863	102	7	,	,	PUNCT
fbem-26863	102	8	reaching	reach	VERB
fbem-26863	102	9	the	the	DET
fbem-26863	102	10	lowest	low	ADJ
fbem-26863	102	11	point	point	NOUN
fbem-26863	102	12	.	.	PUNCT
fbem-26863	103	1	according	accord	VERB
fbem-26863	103	2	to	to	ADP
fbem-26863	103	3	tai	tai	PROPN
fbem-26863	103	4	long	long	ADJ
fbem-26863	103	5	pharmaceutical	pharmaceutical	NOUN
fbem-26863	103	6	's	's	PART
fbem-26863	103	7	financial	financial	ADJ
fbem-26863	103	8	annual	annual	ADJ
fbem-26863	103	9	report	report	NOUN
fbem-26863	103	10	(	(	PUNCT
fbem-26863	103	11	as	as	SCONJ
fbem-26863	103	12	shown	show	VERB
fbem-26863	103	13	in	in	ADP
fbem-26863	103	14	figure	figure	NOUN
fbem-26863	103	15	4	4	NUM
fbem-26863	103	16	)	)	PUNCT
fbem-26863	103	17	,	,	PUNCT
fbem-26863	103	18	the	the	DET
fbem-26863	103	19	net	net	ADJ
fbem-26863	103	20	profit	profit	NOUN
fbem-26863	103	21	margin	margin	NOUN
fbem-26863	103	22	was	be	AUX
fbem-26863	103	23	too	too	ADV
fbem-26863	103	24	low	low	ADJ
fbem-26863	103	25	,	,	PUNCT
fbem-26863	103	26	reaching	reach	VERB
fbem-26863	103	27	-9.66	-9.66	NUM
fbem-26863	103	28	%	%	NOUN
fbem-26863	103	29	in	in	ADP
fbem-26863	103	30	2018	2018	NUM
fbem-26863	103	31	.	.	PUNCT
fbem-26863	104	1	the	the	DET
fbem-26863	104	2	complete	complete	ADJ
fbem-26863	104	3	suspension	suspension	NOUN
fbem-26863	104	4	of	of	ADP
fbem-26863	104	5	operations	operation	NOUN
fbem-26863	104	6	at	at	ADP
fbem-26863	104	7	its	its	PRON
fbem-26863	104	8	subsidiary	subsidiary	NOUN
fbem-26863	104	9	heluo	heluo	NOUN
fbem-26863	104	10	tai	tai	PROPN
fbem-26863	104	11	long	long	ADV
fbem-26863	104	12	and	and	CCONJ
fbem-26863	104	13	the	the	DET
fbem-26863	104	14	provision	provision	NOUN
fbem-26863	104	15	for	for	ADP
fbem-26863	104	16	a	a	DET
fbem-26863	104	17	large	large	ADJ
fbem-26863	104	18	number	number	NOUN
fbem-26863	104	19	of	of	ADP
fbem-26863	104	20	impairment	impairment	ADJ
fbem-26863	104	21	losses	loss	NOUN
fbem-26863	104	22	in	in	ADP
fbem-26863	104	23	2018	2018	NUM
fbem-26863	104	24	were	be	AUX
fbem-26863	104	25	the	the	DET
fbem-26863	104	26	main	main	ADJ
fbem-26863	104	27	reasons	reason	NOUN
fbem-26863	104	28	for	for	ADP
fbem-26863	104	29	the	the	DET
fbem-26863	104	30	sharp	sharp	ADJ
fbem-26863	104	31	decline	decline	NOUN
fbem-26863	104	32	in	in	ADP
fbem-26863	104	33	the	the	DET
fbem-26863	104	34	net	net	ADJ
fbem-26863	104	35	profit	profit	NOUN
fbem-26863	104	36	margin	margin	NOUN
fbem-26863	104	37	that	that	DET
fbem-26863	104	38	year	year	NOUN
fbem-26863	104	39	.	.	PUNCT
fbem-26863	105	1	this	this	DET
fbem-26863	105	2	one	one	NUM
fbem-26863	105	3	-	-	PUNCT
fbem-26863	105	4	time	time	NOUN
fbem-26863	105	5	loss	loss	NOUN
fbem-26863	105	6	had	have	VERB
fbem-26863	105	7	a	a	DET
fbem-26863	105	8	negative	negative	ADJ
fbem-26863	105	9	impact	impact	NOUN
fbem-26863	105	10	on	on	ADP
fbem-26863	105	11	the	the	DET
fbem-26863	105	12	financial	financial	ADJ
fbem-26863	105	13	performance	performance	NOUN
fbem-26863	105	14	for	for	ADP
fbem-26863	105	15	that	that	DET
fbem-26863	105	16	period	period	NOUN
fbem-26863	105	17	.	.	PUNCT
fbem-26863	106	1	in	in	ADP
fbem-26863	106	2	the	the	DET
fbem-26863	106	3	following	following	ADJ
fbem-26863	106	4	years	year	NOUN
fbem-26863	106	5	,	,	PUNCT
fbem-26863	106	6	as	as	SCONJ
fbem-26863	106	7	tai	tai	PROPN
fbem-26863	106	8	long	long	ADJ
fbem-26863	106	9	pharmaceutical	pharmaceutical	NOUN
fbem-26863	106	10	vigorously	vigorously	ADV
fbem-26863	106	11	promoted	promote	VERB
fbem-26863	106	12	the	the	DET
fbem-26863	106	13	transformation	transformation	NOUN
fbem-26863	106	14	to	to	ADP
fbem-26863	106	15	a	a	DET
fbem-26863	106	16	light	light	ADJ
fbem-26863	106	17	asset	asset	NOUN
fbem-26863	106	18	model	model	NOUN
fbem-26863	106	19	,	,	PUNCT
fbem-26863	106	20	the	the	DET
fbem-26863	106	21	company	company	NOUN
fbem-26863	106	22	relied	rely	VERB
fbem-26863	106	23	more	more	ADV
fbem-26863	106	24	on	on	ADP
fbem-26863	106	25	external	external	ADJ
fbem-26863	106	26	resources	resource	NOUN
fbem-26863	106	27	and	and	CCONJ
fbem-26863	106	28	technology	technology	NOUN
fbem-26863	106	29	to	to	PART
fbem-26863	106	30	drive	drive	VERB
fbem-26863	106	31	development	development	NOUN
fbem-26863	106	32	,	,	PUNCT
fbem-26863	106	33	rather	rather	ADV
fbem-26863	106	34	than	than	ADP
fbem-26863	106	35	through	through	ADP
fbem-26863	106	36	internal	internal	ADJ
fbem-26863	106	37	investment	investment	NOUN
fbem-26863	106	38	and	and	CCONJ
fbem-26863	106	39	expansion	expansion	NOUN
fbem-26863	106	40	of	of	ADP
fbem-26863	106	41	production	production	NOUN
fbem-26863	106	42	facilities	facility	NOUN
fbem-26863	106	43	.	.	PUNCT
fbem-26863	107	1	this	this	DET
fbem-26863	107	2	strategic	strategic	ADJ
fbem-26863	107	3	shift	shift	NOUN
fbem-26863	107	4	led	lead	VERB
fbem-26863	107	5	tai	tai	PROPN
fbem-26863	107	6	long	long	ADJ
fbem-26863	107	7	pharmaceutical	pharmaceutical	NOUN
fbem-26863	107	8	to	to	PART
fbem-26863	107	9	increase	increase	VERB
fbem-26863	107	10	r&d	r&d	NOUN
fbem-26863	107	11	investment	investment	NOUN
fbem-26863	107	12	and	and	CCONJ
fbem-26863	107	13	sales	sale	NOUN
fbem-26863	107	14	expenses	expense	NOUN
fbem-26863	107	15	.	.	PUNCT
fbem-26863	108	1	however	however	ADV
fbem-26863	108	2	,	,	PUNCT
fbem-26863	108	3	the	the	DET
fbem-26863	108	4	progress	progress	NOUN
fbem-26863	108	5	in	in	ADP
fbem-26863	108	6	r&d	r&d	NOUN
fbem-26863	108	7	services	service	NOUN
fbem-26863	108	8	was	be	AUX
fbem-26863	108	9	not	not	PART
fbem-26863	108	10	smooth	smooth	ADJ
fbem-26863	108	11	,	,	PUNCT
fbem-26863	108	12	leading	lead	VERB
fbem-26863	108	13	to	to	ADP
fbem-26863	108	14	increased	increase	VERB
fbem-26863	108	15	costs	cost	NOUN
fbem-26863	108	16	in	in	ADP
fbem-26863	108	17	the	the	DET
fbem-26863	108	18	short	short	ADJ
fbem-26863	108	19	term	term	NOUN
fbem-26863	108	20	and	and	CCONJ
fbem-26863	108	21	a	a	DET
fbem-26863	108	22	pessimistic	pessimistic	ADJ
fbem-26863	108	23	outlook	outlook	NOUN
fbem-26863	108	24	for	for	ADP
fbem-26863	108	25	profitability	profitability	NOUN
fbem-26863	108	26	.	.	PUNCT
fbem-26863	109	1	at	at	ADP
fbem-26863	109	2	the	the	DET
fbem-26863	109	3	same	same	ADJ
fbem-26863	109	4	time	time	NOUN
fbem-26863	109	5	,	,	PUNCT
fbem-26863	109	6	since	since	SCONJ
fbem-26863	109	7	2018	2018	NUM
fbem-26863	109	8	,	,	PUNCT
fbem-26863	109	9	the	the	DET
fbem-26863	109	10	national	national	ADJ
fbem-26863	109	11	policy	policy	NOUN
fbem-26863	109	12	of	of	ADP
fbem-26863	109	13	centralized	centralized	ADJ
fbem-26863	109	14	drug	drug	NOUN
fbem-26863	109	15	procurement	procurement	NOUN
fbem-26863	109	16	and	and	CCONJ
fbem-26863	109	17	drug	drug	NOUN
fbem-26863	109	18	bidding	bidding	NOUN
fbem-26863	109	19	price	price	NOUN
fbem-26863	109	20	limits	limit	NOUN
fbem-26863	109	21	has	have	AUX
fbem-26863	109	22	affected	affect	VERB
fbem-26863	109	23	the	the	DET
fbem-26863	109	24	profitability	profitability	NOUN
fbem-26863	109	25	of	of	ADP
fbem-26863	109	26	the	the	DET
fbem-26863	109	27	pharmaceutical	pharmaceutical	NOUN
fbem-26863	109	28	industry	industry	NOUN
fbem-26863	109	29	,	,	PUNCT
fbem-26863	109	30	with	with	ADP
fbem-26863	109	31	the	the	DET
fbem-26863	109	32	return	return	NOUN
fbem-26863	109	33	on	on	ADP
fbem-26863	109	34	equity	equity	NOUN
fbem-26863	109	35	in	in	ADP
fbem-26863	109	36	the	the	DET
fbem-26863	109	37	industry	industry	NOUN
fbem-26863	109	38	continuously	continuously	ADV
fbem-26863	109	39	declining	decline	VERB
fbem-26863	109	40	,	,	PUNCT
fbem-26863	109	41	and	and	CCONJ
fbem-26863	109	42	tai	tai	PROPN
fbem-26863	109	43	long	long	ADJ
fbem-26863	109	44	pharmaceutical	pharmaceutical	NOUN
fbem-26863	109	45	's	's	PART
fbem-26863	109	46	return	return	NOUN
fbem-26863	109	47	on	on	ADP
fbem-26863	109	48	equity	equity	NOUN
fbem-26863	109	49	was	be	AUX
fbem-26863	109	50	also	also	ADV
fbem-26863	109	51	affected	affect	VERB
fbem-26863	109	52	.	.	PUNCT
fbem-26863	110	1	as	as	SCONJ
fbem-26863	110	2	shown	show	VERB
fbem-26863	110	3	in	in	ADP
fbem-26863	110	4	figure	figure	NOUN
fbem-26863	110	5	4	4	NUM
fbem-26863	110	6	,	,	PUNCT
fbem-26863	110	7	the	the	DET
fbem-26863	110	8	growth	growth	NOUN
fbem-26863	110	9	rate	rate	NOUN
fbem-26863	110	10	of	of	ADP
fbem-26863	110	11	tai	tai	PROPN
fbem-26863	110	12	long	long	ADJ
fbem-26863	110	13	pharmaceutical	pharmaceutical	NOUN
fbem-26863	110	14	's	's	PART
fbem-26863	110	15	operating	operate	VERB
fbem-26863	110	16	income	income	NOUN
fbem-26863	110	17	suddenly	suddenly	ADV
fbem-26863	110	18	declined	decline	VERB
fbem-26863	110	19	in	in	ADP
fbem-26863	110	20	2018	2018	NUM
fbem-26863	110	21	,	,	PUNCT
fbem-26863	110	22	due	due	ADP
fbem-26863	110	23	to	to	ADP
fbem-26863	110	24	the	the	DET
fbem-26863	110	25	substantial	substantial	ADJ
fbem-26863	110	26	losses	loss	NOUN
fbem-26863	110	27	incurred	incur	VERB
fbem-26863	110	28	that	that	DET
fbem-26863	110	29	year	year	NOUN
fbem-26863	110	30	.	.	PUNCT
fbem-26863	111	1	despite	despite	SCONJ
fbem-26863	111	2	this	this	PRON
fbem-26863	111	3	,	,	PUNCT
fbem-26863	111	4	the	the	DET
fbem-26863	111	5	company	company	NOUN
fbem-26863	111	6	still	still	ADV
fbem-26863	111	7	achieved	achieve	VERB
fbem-26863	111	8	positive	positive	ADJ
fbem-26863	111	9	growth	growth	NOUN
fbem-26863	111	10	in	in	ADP
fbem-26863	111	11	operating	operate	VERB
fbem-26863	111	12	income	income	NOUN
fbem-26863	111	13	.	.	PUNCT
fbem-26863	112	1	in	in	ADP
fbem-26863	112	2	the	the	DET
fbem-26863	112	3	following	following	ADJ
fbem-26863	112	4	years	year	NOUN
fbem-26863	112	5	,	,	PUNCT
fbem-26863	112	6	tai	tai	PROPN
fbem-26863	112	7	long	long	ADJ
fbem-26863	112	8	pharmaceutical	pharmaceutical	NOUN
fbem-26863	112	9	increased	increase	VERB
fbem-26863	112	10	r&d	r&d	NOUN
fbem-26863	112	11	investment	investment	NOUN
fbem-26863	112	12	and	and	CCONJ
fbem-26863	112	13	production	production	NOUN
fbem-26863	112	14	costs	cost	NOUN
fbem-26863	112	15	,	,	PUNCT
fbem-26863	112	16	but	but	CCONJ
fbem-26863	112	17	the	the	DET
fbem-26863	112	18	overall	overall	ADJ
fbem-26863	112	19	trend	trend	NOUN
fbem-26863	112	20	still	still	ADV
fbem-26863	112	21	showed	show	VERB
fbem-26863	112	22	an	an	DET
fbem-26863	112	23	upward	upward	ADJ
fbem-26863	112	24	trend	trend	NOUN
fbem-26863	112	25	in	in	ADP
fbem-26863	112	26	operating	operate	VERB
fbem-26863	112	27	income	income	NOUN
fbem-26863	112	28	.	.	PUNCT
fbem-26863	113	1	figure	figure	NOUN
fbem-26863	113	2	4	4	NUM
fbem-26863	113	3	.	.	PUNCT
fbem-26863	113	4	net	net	ADJ
fbem-26863	113	5	sales	sale	NOUN
fbem-26863	113	6	interest	interest	NOUN
fbem-26863	113	7	rate	rate	NOUN
fbem-26863	113	8	and	and	CCONJ
fbem-26863	113	9	operating	operating	NOUN
fbem-26863	113	10	revenue	revenue	NOUN
fbem-26863	113	11	growth	growth	NOUN
fbem-26863	113	12	rate	rate	NOUN
fbem-26863	113	13	of	of	ADP
fbem-26863	113	14	tailong	tailong	NOUN
fbem-26863	113	15	pharmaceutical	pharmaceutical	NOUN
fbem-26863	113	16	from	from	ADP
fbem-26863	113	17	2014	2014	NUM
fbem-26863	113	18	-	-	SYM
fbem-26863	113	19	2023	2023	NUM
fbem-26863	113	20	4.3	4.3	NUM
fbem-26863	113	21	.	.	PUNCT
fbem-26863	114	1	analysis	analysis	NOUN
fbem-26863	114	2	of	of	ADP
fbem-26863	114	3	debt	debt	NOUN
fbem-26863	114	4	-	-	PUNCT
fbem-26863	114	5	paying	pay	VERB
fbem-26863	114	6	and	and	CCONJ
fbem-26863	114	7	operational	operational	ADJ
fbem-26863	114	8	capability	capability	NOUN
fbem-26863	114	9	factor	factor	NOUN
fbem-26863	114	10	as	as	SCONJ
fbem-26863	114	11	shown	show	VERB
fbem-26863	114	12	in	in	ADP
fbem-26863	114	13	table	table	NOUN
fbem-26863	114	14	9	9	NUM
fbem-26863	114	15	,	,	PUNCT
fbem-26863	114	16	from	from	ADP
fbem-26863	114	17	2014	2014	NUM
fbem-26863	114	18	to	to	ADP
fbem-26863	114	19	2023	2023	NUM
fbem-26863	114	20	,	,	PUNCT
fbem-26863	114	21	tai	tai	PROPN
fbem-26863	114	22	long	long	ADJ
fbem-26863	114	23	pharmaceutical	pharmaceutical	NOUN
fbem-26863	114	24	's	's	PART
fbem-26863	114	25	debt	debt	NOUN
fbem-26863	114	26	-	-	PUNCT
fbem-26863	114	27	to	to	ADP
fbem-26863	114	28	-	-	PUNCT
fbem-26863	114	29	asset	asset	NOUN
fbem-26863	114	30	ratio	ratio	NOUN
fbem-26863	114	31	and	and	CCONJ
fbem-26863	114	32	equity	equity	NOUN
fbem-26863	114	33	multiplier	multiplier	ADV
fbem-26863	114	34	experienced	experience	VERB
fbem-26863	114	35	a	a	DET
fbem-26863	114	36	slight	slight	ADJ
fbem-26863	114	37	increase	increase	NOUN
fbem-26863	114	38	,	,	PUNCT
fbem-26863	114	39	primarily	primarily	ADV
fbem-26863	114	40	due	due	ADP
fbem-26863	114	41	to	to	ADP
fbem-26863	114	42	changes	change	NOUN
fbem-26863	114	43	in	in	ADP
fbem-26863	114	44	the	the	DET
fbem-26863	114	45	company	company	NOUN
fbem-26863	114	46	's	's	PART
fbem-26863	114	47	operational	operational	ADJ
fbem-26863	114	48	model	model	NOUN
fbem-26863	114	49	and	and	CCONJ
fbem-26863	114	50	its	its	PRON
fbem-26863	114	51	subsidiaries	subsidiary	NOUN
fbem-26863	114	52	'	'	PART
fbem-26863	114	53	focus	focus	NOUN
fbem-26863	114	54	on	on	ADP
fbem-26863	114	55	traditional	traditional	ADJ
fbem-26863	114	56	chinese	chinese	ADJ
fbem-26863	114	57	medicine	medicine	PROPN
fbem-26863	114	58	r&d	r&d	NOUN
fbem-26863	114	59	and	and	CCONJ
fbem-26863	114	60	expansion	expansion	NOUN
fbem-26863	114	61	of	of	ADP
fbem-26863	114	62	sales	sale	NOUN
fbem-26863	114	63	networks	network	NOUN
fbem-26863	114	64	,	,	PUNCT
fbem-26863	114	65	which	which	PRON
fbem-26863	114	66	required	require	VERB
fbem-26863	114	67	substantial	substantial	ADJ
fbem-26863	114	68	debt	debt	NOUN
fbem-26863	114	69	funding	funding	NOUN
fbem-26863	114	70	to	to	PART
fbem-26863	114	71	keep	keep	VERB
fbem-26863	114	72	pace	pace	NOUN
fbem-26863	114	73	with	with	ADP
fbem-26863	114	74	the	the	DET
fbem-26863	114	75	current	current	ADJ
fbem-26863	114	76	industry	industry	NOUN
fbem-26863	114	77	development	development	NOUN
fbem-26863	114	78	.	.	PUNCT
fbem-26863	115	1	the	the	DET
fbem-26863	115	2	company	company	NOUN
fbem-26863	115	3	's	's	PART
fbem-26863	115	4	short	short	ADJ
fbem-26863	115	5	-	-	PUNCT
fbem-26863	115	6	term	term	NOUN
fbem-26863	115	7	liabilities	liability	NOUN
fbem-26863	115	8	mainly	mainly	ADV
fbem-26863	115	9	consist	consist	VERB
fbem-26863	115	10	of	of	ADP
fbem-26863	115	11	accounts	account	NOUN
fbem-26863	115	12	payable	payable	ADJ
fbem-26863	115	13	and	and	CCONJ
fbem-26863	115	14	short	short	ADJ
fbem-26863	115	15	-	-	PUNCT
fbem-26863	115	16	term	term	NOUN
fbem-26863	115	17	loans	loan	NOUN
fbem-26863	115	18	,	,	PUNCT
fbem-26863	115	19	which	which	PRON
fbem-26863	115	20	typically	typically	ADV
fbem-26863	115	21	have	have	VERB
fbem-26863	115	22	lower	low	ADJ
fbem-26863	115	23	interest	interest	NOUN
fbem-26863	115	24	rates	rate	NOUN
fbem-26863	115	25	or	or	CCONJ
fbem-26863	115	26	no	no	DET
fbem-26863	115	27	interest	interest	NOUN
fbem-26863	115	28	,	,	PUNCT
fbem-26863	115	29	helping	help	VERB
fbem-26863	115	30	to	to	PART
fbem-26863	115	31	alleviate	alleviate	VERB
fbem-26863	115	32	the	the	DET
fbem-26863	115	33	company	company	NOUN
fbem-26863	115	34	's	's	PART
fbem-26863	115	35	financial	financial	ADJ
fbem-26863	115	36	pressure	pressure	NOUN
fbem-26863	115	37	,	,	PUNCT
fbem-26863	115	38	and	and	CCONJ
fbem-26863	115	39	it	it	PRON
fbem-26863	115	40	is	be	AUX
fbem-26863	115	41	expected	expect	VERB
fbem-26863	115	42	that	that	SCONJ
fbem-26863	115	43	tai	tai	PROPN
fbem-26863	115	44	long	long	ADJ
fbem-26863	115	45	pharmaceutical	pharmaceutical	NOUN
fbem-26863	115	46	will	will	AUX
fbem-26863	115	47	enhance	enhance	VERB
fbem-26863	115	48	its	its	PRON
fbem-26863	115	49	debt	debt	NOUN
fbem-26863	115	50	-	-	PUNCT
fbem-26863	115	51	paying	pay	VERB
fbem-26863	115	52	ability	ability	NOUN
fbem-26863	115	53	in	in	ADP
fbem-26863	115	54	the	the	DET
fbem-26863	115	55	future	future	NOUN
fbem-26863	115	56	.	.	PUNCT
fbem-26863	116	1	figure	figure	NOUN
fbem-26863	116	2	5	5	NUM
fbem-26863	116	3	indicates	indicate	VERB
fbem-26863	116	4	that	that	SCONJ
fbem-26863	116	5	the	the	DET
fbem-26863	116	6	company	company	NOUN
fbem-26863	116	7	's	's	PART
fbem-26863	116	8	total	total	ADJ
fbem-26863	116	9	asset	asset	NOUN
fbem-26863	116	10	turnover	turnover	NOUN
fbem-26863	116	11	ratio	ratio	NOUN
fbem-26863	116	12	is	be	AUX
fbem-26863	116	13	-30	-30	PROPN
fbem-26863	116	14	-20	-20	NUM
fbem-26863	116	15	-10	-10	SYM
fbem-26863	116	16	0	0	NUM
fbem-26863	116	17	10	10	NUM
fbem-26863	116	18	20	20	NUM
fbem-26863	116	19	30	30	NUM
fbem-26863	116	20	2014	2014	NUM
fbem-26863	116	21	2015	2015	NUM
fbem-26863	116	22	2016	2016	NUM
fbem-26863	116	23	2017	2017	NUM
fbem-26863	116	24	2018	2018	NUM
fbem-26863	116	25	2019	2019	NUM
fbem-26863	116	26	2020	2020	NUM
fbem-26863	116	27	2021	2021	NUM
fbem-26863	116	28	2022	2022	NUM
fbem-26863	116	29	2023	2023	NUM
fbem-26863	116	30	ra	ra	NOUN
fbem-26863	116	31	ti	ti	NOUN
fbem-26863	116	32	o	o	NOUN
fbem-26863	116	33	(	(	PUNCT
fbem-26863	116	34	%	%	NOUN
fbem-26863	116	35	)	)	PUNCT
fbem-26863	116	36	the	the	DET
fbem-26863	116	37	fiscal	fiscal	ADJ
fbem-26863	116	38	year	year	NOUN
fbem-26863	116	39	net	net	ADJ
fbem-26863	116	40	interest	interest	NOUN
fbem-26863	116	41	rate	rate	NOUN
fbem-26863	116	42	on	on	ADP
fbem-26863	116	43	sales	sale	NOUN
fbem-26863	116	44	increase	increase	NOUN
fbem-26863	116	45	rate	rate	NOUN
fbem-26863	116	46	of	of	ADP
fbem-26863	116	47	business	business	NOUN
fbem-26863	116	48	revenue	revenue	NOUN
fbem-26863	116	49	206	206	NUM
fbem-26863	116	50	relatively	relatively	ADV
fbem-26863	116	51	low	low	ADJ
fbem-26863	116	52	,	,	PUNCT
fbem-26863	116	53	affecting	affect	VERB
fbem-26863	116	54	the	the	DET
fbem-26863	116	55	liquidity	liquidity	NOUN
fbem-26863	116	56	of	of	ADP
fbem-26863	116	57	funds	fund	NOUN
fbem-26863	116	58	and	and	CCONJ
fbem-26863	116	59	having	have	VERB
fbem-26863	116	60	a	a	DET
fbem-26863	116	61	negative	negative	ADJ
fbem-26863	116	62	impact	impact	NOUN
fbem-26863	116	63	on	on	ADP
fbem-26863	116	64	the	the	DET
fbem-26863	116	65	company	company	NOUN
fbem-26863	116	66	's	's	PART
fbem-26863	116	67	operational	operational	ADJ
fbem-26863	116	68	capability	capability	NOUN
fbem-26863	116	69	.	.	PUNCT
fbem-26863	117	1	in	in	ADP
fbem-26863	117	2	2018	2018	NUM
fbem-26863	117	3	,	,	PUNCT
fbem-26863	117	4	at	at	ADP
fbem-26863	117	5	the	the	DET
fbem-26863	117	6	initial	initial	ADJ
fbem-26863	117	7	stage	stage	NOUN
fbem-26863	117	8	of	of	ADP
fbem-26863	117	9	the	the	DET
fbem-26863	117	10	light	light	ADJ
fbem-26863	117	11	asset	asset	NOUN
fbem-26863	117	12	operation	operation	NOUN
fbem-26863	117	13	model	model	NOUN
fbem-26863	117	14	,	,	PUNCT
fbem-26863	117	15	the	the	DET
fbem-26863	117	16	company	company	NOUN
fbem-26863	117	17	took	take	VERB
fbem-26863	117	18	a	a	DET
fbem-26863	117	19	series	series	NOUN
fbem-26863	117	20	of	of	ADP
fbem-26863	117	21	measures	measure	NOUN
fbem-26863	117	22	,	,	PUNCT
fbem-26863	117	23	including	include	VERB
fbem-26863	117	24	adjusting	adjust	VERB
fbem-26863	117	25	product	product	NOUN
fbem-26863	117	26	portfolios	portfolio	NOUN
fbem-26863	117	27	and	and	CCONJ
fbem-26863	117	28	pricing	pricing	NOUN
fbem-26863	117	29	strategies	strategy	NOUN
fbem-26863	117	30	,	,	PUNCT
fbem-26863	117	31	and	and	CCONJ
fbem-26863	117	32	made	make	VERB
fbem-26863	117	33	adjustments	adjustment	NOUN
fbem-26863	117	34	to	to	ADP
fbem-26863	117	35	the	the	DET
fbem-26863	117	36	operational	operational	ADJ
fbem-26863	117	37	strategies	strategy	NOUN
fbem-26863	117	38	of	of	ADP
fbem-26863	117	39	its	its	PRON
fbem-26863	117	40	newly	newly	ADV
fbem-26863	117	41	controlled	control	VERB
fbem-26863	117	42	subsidiaries	subsidiary	NOUN
fbem-26863	117	43	,	,	PUNCT
fbem-26863	117	44	which	which	PRON
fbem-26863	117	45	led	lead	VERB
fbem-26863	117	46	to	to	ADP
fbem-26863	117	47	operational	operational	ADJ
fbem-26863	117	48	disruptions	disruption	NOUN
fbem-26863	117	49	and	and	CCONJ
fbem-26863	117	50	significant	significant	ADJ
fbem-26863	117	51	losses	loss	NOUN
fbem-26863	117	52	.	.	PUNCT
fbem-26863	118	1	in	in	ADP
fbem-26863	118	2	2019	2019	NUM
fbem-26863	118	3	,	,	PUNCT
fbem-26863	118	4	tai	tai	PROPN
fbem-26863	118	5	long	long	ADJ
fbem-26863	118	6	pharmaceutical	pharmaceutical	NOUN
fbem-26863	118	7	gradually	gradually	ADV
fbem-26863	118	8	promoted	promote	VERB
fbem-26863	118	9	the	the	DET
fbem-26863	118	10	cxo	cxo	PROPN
fbem-26863	118	11	layout	layout	PROPN
fbem-26863	118	12	,	,	PUNCT
fbem-26863	118	13	increasing	increase	VERB
fbem-26863	118	14	capital	capital	NOUN
fbem-26863	118	15	investment	investment	NOUN
fbem-26863	118	16	and	and	CCONJ
fbem-26863	118	17	affecting	affect	VERB
fbem-26863	118	18	the	the	DET
fbem-26863	118	19	total	total	ADJ
fbem-26863	118	20	asset	asset	NOUN
fbem-26863	118	21	turnover	turnover	NOUN
fbem-26863	118	22	ratio	ratio	NOUN
fbem-26863	118	23	.	.	PUNCT
fbem-26863	119	1	table	table	NOUN
fbem-26863	119	2	9	9	NUM
fbem-26863	119	3	.	.	PUNCT
fbem-26863	120	1	asset	asset	NOUN
fbem-26863	120	2	-	-	PUNCT
fbem-26863	120	3	liability	liability	NOUN
fbem-26863	120	4	ratio	ratio	NOUN
fbem-26863	120	5	and	and	CCONJ
fbem-26863	120	6	equity	equity	NOUN
fbem-26863	120	7	multiplier	multipli	ADJ
fbem-26863	120	8	of	of	ADP
fbem-26863	120	9	tailong	tailong	NOUN
fbem-26863	120	10	pharmaceutical	pharmaceutical	NOUN
fbem-26863	120	11	from	from	ADP
fbem-26863	120	12	2014	2014	NUM
fbem-26863	120	13	to	to	ADP
fbem-26863	120	14	2023	2023	NUM
fbem-26863	120	15	a	a	DET
fbem-26863	120	16	particular	particular	ADJ
fbem-26863	120	17	year	year	NOUN
fbem-26863	120	18	2014	2014	NUM
fbem-26863	120	19	2015	2015	NUM
fbem-26863	120	20	2016	2016	NUM
fbem-26863	120	21	2017	2017	NUM
fbem-26863	120	22	2018	2018	NUM
fbem-26863	120	23	2019	2019	NUM
fbem-26863	120	24	2020	2020	NUM
fbem-26863	120	25	2021	2021	NUM
fbem-26863	120	26	2022	2022	NUM
fbem-26863	120	27	2023	2023	NUM
fbem-26863	120	28	asset	asset	NOUN
fbem-26863	120	29	-	-	PUNCT
fbem-26863	120	30	liability	liability	NOUN
fbem-26863	120	31	ratio	ratio	NOUN
fbem-26863	120	32	(	(	PUNCT
fbem-26863	120	33	%	%	INTJ
fbem-26863	120	34	)	)	PUNCT
fbem-26863	120	35	48.24	48.24	NUM
fbem-26863	120	36	43.20	43.20	NUM
fbem-26863	120	37	43.42	43.42	NUM
fbem-26863	120	38	46.29	46.29	NUM
fbem-26863	120	39	50.93	50.93	NUM
fbem-26863	120	40	52.11	52.11	NUM
fbem-26863	120	41	54.84	54.84	NUM
fbem-26863	120	42	53.02	53.02	NUM
fbem-26863	120	43	55.17	55.17	NUM
fbem-26863	120	44	54.61	54.61	NUM
fbem-26863	120	45	equity	equity	NOUN
fbem-26863	120	46	multiplier	multipli	ADJ
fbem-26863	120	47	1.93	1.93	NUM
fbem-26863	120	48	1.76	1.76	NUM
fbem-26863	120	49	1.77	1.77	NUM
fbem-26863	120	50	1.86	1.86	NUM
fbem-26863	120	51	2.04	2.04	NUM
fbem-26863	120	52	2.09	2.09	NUM
fbem-26863	120	53	2.21	2.21	NUM
fbem-26863	120	54	2.13	2.13	NUM
fbem-26863	120	55	2.23	2.23	NUM
fbem-26863	120	56	2.20	2.20	NUM
fbem-26863	120	57	figure	figure	NOUN
fbem-26863	120	58	5	5	NUM
fbem-26863	120	59	.	.	PUNCT
fbem-26863	120	60	total	total	ADJ
fbem-26863	120	61	asset	asset	NOUN
fbem-26863	120	62	turnover	turnover	NOUN
fbem-26863	120	63	ratio	ratio	NOUN
fbem-26863	120	64	of	of	ADP
fbem-26863	120	65	tailong	tailong	NOUN
fbem-26863	120	66	pharmaceutical	pharmaceutical	NOUN
fbem-26863	120	67	from	from	ADP
fbem-26863	120	68	2014	2014	NUM
fbem-26863	120	69	to	to	ADP
fbem-26863	120	70	2023	2023	NUM
fbem-26863	120	71	5	5	NUM
fbem-26863	120	72	.	.	PUNCT
fbem-26863	120	73	suggestions	suggestion	NOUN
fbem-26863	120	74	and	and	CCONJ
fbem-26863	120	75	countermeasures	countermeasure	NOUN
fbem-26863	120	76	5.1	5.1	NUM
fbem-26863	120	77	.	.	PUNCT
fbem-26863	121	1	strengthen	strengthen	VERB
fbem-26863	121	2	brand	brand	NOUN
fbem-26863	121	3	building	building	NOUN
fbem-26863	121	4	to	to	PART
fbem-26863	121	5	enhance	enhance	VERB
fbem-26863	121	6	core	core	NOUN
fbem-26863	121	7	competitiveness	competitiveness	NOUN
fbem-26863	121	8	in	in	ADP
fbem-26863	121	9	the	the	DET
fbem-26863	121	10	study	study	NOUN
fbem-26863	121	11	of	of	ADP
fbem-26863	121	12	tai	tai	PROPN
fbem-26863	121	13	long	long	ADJ
fbem-26863	121	14	pharmaceutical	pharmaceutical	NOUN
fbem-26863	121	15	's	's	PART
fbem-26863	121	16	profitability	profitability	NOUN
fbem-26863	121	17	and	and	CCONJ
fbem-26863	121	18	growth	growth	NOUN
fbem-26863	121	19	capabilities	capability	NOUN
fbem-26863	121	20	,	,	PUNCT
fbem-26863	121	21	it	it	PRON
fbem-26863	121	22	was	be	AUX
fbem-26863	121	23	found	find	VERB
fbem-26863	121	24	that	that	SCONJ
fbem-26863	121	25	the	the	DET
fbem-26863	121	26	company	company	NOUN
fbem-26863	121	27	's	's	PART
fbem-26863	121	28	return	return	NOUN
fbem-26863	121	29	on	on	ADP
fbem-26863	121	30	equity	equity	NOUN
fbem-26863	121	31	and	and	CCONJ
fbem-26863	121	32	return	return	VERB
fbem-26863	121	33	on	on	ADP
fbem-26863	121	34	total	total	ADJ
fbem-26863	121	35	assets	asset	NOUN
fbem-26863	121	36	fluctuate	fluctuate	NOUN
fbem-26863	121	37	significantly	significantly	ADV
fbem-26863	121	38	and	and	CCONJ
fbem-26863	121	39	are	be	AUX
fbem-26863	121	40	below	below	ADP
fbem-26863	121	41	the	the	DET
fbem-26863	121	42	industry	industry	NOUN
fbem-26863	121	43	average	average	NOUN
fbem-26863	121	44	,	,	PUNCT
fbem-26863	121	45	posing	pose	VERB
fbem-26863	121	46	challenges	challenge	NOUN
fbem-26863	121	47	in	in	ADP
fbem-26863	121	48	cost	cost	NOUN
fbem-26863	121	49	control	control	NOUN
fbem-26863	121	50	and	and	CCONJ
fbem-26863	121	51	indicating	indicate	VERB
fbem-26863	121	52	a	a	DET
fbem-26863	121	53	need	need	NOUN
fbem-26863	121	54	to	to	PART
fbem-26863	121	55	improve	improve	VERB
fbem-26863	121	56	profitability	profitability	NOUN
fbem-26863	121	57	.	.	PUNCT
fbem-26863	122	1	the	the	DET
fbem-26863	122	2	growth	growth	NOUN
fbem-26863	122	3	rate	rate	NOUN
fbem-26863	122	4	of	of	ADP
fbem-26863	122	5	operating	operate	VERB
fbem-26863	122	6	income	income	NOUN
fbem-26863	122	7	shows	show	VERB
fbem-26863	122	8	a	a	DET
fbem-26863	122	9	positive	positive	ADJ
fbem-26863	122	10	upward	upward	ADJ
fbem-26863	122	11	trend	trend	NOUN
fbem-26863	122	12	,	,	PUNCT
fbem-26863	122	13	indicating	indicate	VERB
fbem-26863	122	14	progress	progress	NOUN
fbem-26863	122	15	in	in	ADP
fbem-26863	122	16	market	market	NOUN
fbem-26863	122	17	expansion	expansion	NOUN
fbem-26863	122	18	and	and	CCONJ
fbem-26863	122	19	product	product	NOUN
fbem-26863	122	20	sales	sale	NOUN
fbem-26863	122	21	,	,	PUNCT
fbem-26863	122	22	thus	thus	ADV
fbem-26863	122	23	enhancing	enhance	VERB
fbem-26863	122	24	growth	growth	NOUN
fbem-26863	122	25	capabilities	capability	NOUN
fbem-26863	122	26	.	.	PUNCT
fbem-26863	123	1	however	however	ADV
fbem-26863	123	2	,	,	PUNCT
fbem-26863	123	3	indicators	indicator	NOUN
fbem-26863	123	4	such	such	ADJ
fbem-26863	123	5	as	as	ADP
fbem-26863	123	6	profit	profit	NOUN
fbem-26863	123	7	growth	growth	NOUN
fbem-26863	123	8	rate	rate	NOUN
fbem-26863	123	9	are	be	AUX
fbem-26863	123	10	negatively	negatively	ADV
fbem-26863	123	11	affected	affect	VERB
fbem-26863	123	12	to	to	ADP
fbem-26863	123	13	some	some	DET
fbem-26863	123	14	extent	extent	NOUN
fbem-26863	123	15	.	.	PUNCT
fbem-26863	124	1	tai	tai	PROPN
fbem-26863	124	2	long	long	ADJ
fbem-26863	124	3	pharmaceutical	pharmaceutical	NOUN
fbem-26863	124	4	should	should	AUX
fbem-26863	124	5	focus	focus	VERB
fbem-26863	124	6	on	on	ADP
fbem-26863	124	7	strengthening	strengthen	VERB
fbem-26863	124	8	brand	brand	NOUN
fbem-26863	124	9	building	building	NOUN
fbem-26863	124	10	to	to	PART
fbem-26863	124	11	increase	increase	VERB
fbem-26863	124	12	brand	brand	NOUN
fbem-26863	124	13	value	value	NOUN
fbem-26863	124	14	and	and	CCONJ
fbem-26863	124	15	,	,	PUNCT
fbem-26863	124	16	consequently	consequently	ADV
fbem-26863	124	17	,	,	PUNCT
fbem-26863	124	18	improve	improve	VERB
fbem-26863	124	19	profitability	profitability	NOUN
fbem-26863	124	20	.	.	PUNCT
fbem-26863	125	1	a	a	DET
fbem-26863	125	2	company	company	NOUN
fbem-26863	125	3	with	with	ADP
fbem-26863	125	4	strong	strong	ADJ
fbem-26863	125	5	brand	brand	NOUN
fbem-26863	125	6	influence	influence	NOUN
fbem-26863	125	7	can	can	AUX
fbem-26863	125	8	not	not	PART
fbem-26863	125	9	only	only	ADV
fbem-26863	125	10	attract	attract	VERB
fbem-26863	125	11	new	new	ADJ
fbem-26863	125	12	customers	customer	NOUN
fbem-26863	125	13	but	but	CCONJ
fbem-26863	125	14	also	also	ADV
fbem-26863	125	15	maintain	maintain	VERB
fbem-26863	125	16	and	and	CCONJ
fbem-26863	125	17	increase	increase	VERB
fbem-26863	125	18	sales	sale	NOUN
fbem-26863	125	19	through	through	ADP
fbem-26863	125	20	customer	customer	NOUN
fbem-26863	125	21	loyalty	loyalty	NOUN
fbem-26863	125	22	,	,	PUNCT
fbem-26863	125	23	forming	form	VERB
fbem-26863	125	24	a	a	DET
fbem-26863	125	25	virtuous	virtuous	ADJ
fbem-26863	125	26	cycle	cycle	NOUN
fbem-26863	125	27	between	between	ADP
fbem-26863	125	28	brand	brand	NOUN
fbem-26863	125	29	strength	strength	NOUN
fbem-26863	125	30	and	and	CCONJ
fbem-26863	125	31	sales	sale	NOUN
fbem-26863	125	32	growth	growth	NOUN
fbem-26863	125	33	.	.	PUNCT
fbem-26863	126	1	tai	tai	PROPN
fbem-26863	126	2	long	long	ADJ
fbem-26863	126	3	pharmaceutical	pharmaceutical	NOUN
fbem-26863	126	4	should	should	AUX
fbem-26863	126	5	seize	seize	VERB
fbem-26863	126	6	the	the	DET
fbem-26863	126	7	opportunities	opportunity	NOUN
fbem-26863	126	8	of	of	ADP
fbem-26863	126	9	internet	internet	NOUN
fbem-26863	126	10	development	development	NOUN
fbem-26863	126	11	and	and	CCONJ
fbem-26863	126	12	digital	digital	ADJ
fbem-26863	126	13	transformation	transformation	NOUN
fbem-26863	126	14	to	to	PART
fbem-26863	126	15	expand	expand	VERB
fbem-26863	126	16	online	online	ADJ
fbem-26863	126	17	sales	sale	NOUN
fbem-26863	126	18	channels	channel	NOUN
fbem-26863	126	19	,	,	PUNCT
fbem-26863	126	20	such	such	ADJ
fbem-26863	126	21	as	as	ADP
fbem-26863	126	22	adopting	adopt	VERB
fbem-26863	126	23	o2o	o2o	NOUN
fbem-26863	126	24	and	and	CCONJ
fbem-26863	126	25	b2c	b2c	NOUN
fbem-26863	126	26	models	model	NOUN
fbem-26863	126	27	,	,	PUNCT
fbem-26863	126	28	to	to	PART
fbem-26863	126	29	explore	explore	VERB
fbem-26863	126	30	new	new	ADJ
fbem-26863	126	31	markets	market	NOUN
fbem-26863	126	32	and	and	CCONJ
fbem-26863	126	33	increase	increase	VERB
fbem-26863	126	34	profits	profit	NOUN
fbem-26863	126	35	.	.	PUNCT
fbem-26863	127	1	the	the	DET
fbem-26863	127	2	company	company	NOUN
fbem-26863	127	3	can	can	AUX
fbem-26863	127	4	also	also	ADV
fbem-26863	127	5	spread	spread	VERB
fbem-26863	127	6	its	its	PRON
fbem-26863	127	7	corporate	corporate	ADJ
fbem-26863	127	8	culture	culture	NOUN
fbem-26863	127	9	and	and	CCONJ
fbem-26863	127	10	enhance	enhance	VERB
fbem-26863	127	11	its	its	PRON
fbem-26863	127	12	visibility	visibility	NOUN
fbem-26863	127	13	by	by	ADP
fbem-26863	127	14	participating	participate	VERB
fbem-26863	127	15	in	in	ADP
fbem-26863	127	16	public	public	ADJ
fbem-26863	127	17	welfare	welfare	NOUN
fbem-26863	127	18	activities	activity	NOUN
fbem-26863	127	19	and	and	CCONJ
fbem-26863	127	20	adopting	adopt	VERB
fbem-26863	127	21	brand	brand	NOUN
fbem-26863	127	22	strategies	strategy	NOUN
fbem-26863	127	23	appropriate	appropriate	ADJ
fbem-26863	127	24	for	for	SCONJ
fbem-26863	127	25	the	the	DET
fbem-26863	127	26	industry	industry	NOUN
fbem-26863	127	27	to	to	PART
fbem-26863	127	28	shape	shape	VERB
fbem-26863	127	29	a	a	DET
fbem-26863	127	30	model	model	ADJ
fbem-26863	127	31	corporate	corporate	ADJ
fbem-26863	127	32	image	image	NOUN
fbem-26863	127	33	.	.	PUNCT
fbem-26863	128	1	by	by	ADP
fbem-26863	128	2	integrating	integrate	VERB
fbem-26863	128	3	corporate	corporate	ADJ
fbem-26863	128	4	culture	culture	NOUN
fbem-26863	128	5	and	and	CCONJ
fbem-26863	128	6	its	its	PRON
fbem-26863	128	7	essence	essence	NOUN
fbem-26863	128	8	into	into	ADP
fbem-26863	128	9	brand	brand	NOUN
fbem-26863	128	10	promotion	promotion	NOUN
fbem-26863	128	11	,	,	PUNCT
fbem-26863	128	12	the	the	DET
fbem-26863	128	13	company	company	NOUN
fbem-26863	128	14	can	can	AUX
fbem-26863	128	15	highlight	highlight	VERB
fbem-26863	128	16	its	its	PRON
fbem-26863	128	17	unique	unique	ADJ
fbem-26863	128	18	features	feature	NOUN
fbem-26863	128	19	.	.	PUNCT
fbem-26863	129	1	at	at	ADP
fbem-26863	129	2	the	the	DET
fbem-26863	129	3	same	same	ADJ
fbem-26863	129	4	time	time	NOUN
fbem-26863	129	5	,	,	PUNCT
fbem-26863	129	6	a	a	DET
fbem-26863	129	7	diversified	diversified	ADJ
fbem-26863	129	8	research	research	NOUN
fbem-26863	129	9	and	and	CCONJ
fbem-26863	129	10	development	development	NOUN
fbem-26863	129	11	strategy	strategy	NOUN
fbem-26863	129	12	should	should	AUX
fbem-26863	129	13	be	be	AUX
fbem-26863	129	14	adopted	adopt	VERB
fbem-26863	129	15	,	,	PUNCT
fbem-26863	129	16	which	which	PRON
fbem-26863	129	17	includes	include	VERB
fbem-26863	129	18	not	not	PART
fbem-26863	129	19	only	only	ADV
fbem-26863	129	20	independent	independent	ADJ
fbem-26863	129	21	research	research	NOUN
fbem-26863	129	22	and	and	CCONJ
fbem-26863	129	23	development	development	NOUN
fbem-26863	129	24	but	but	CCONJ
fbem-26863	129	25	also	also	ADV
fbem-26863	129	26	cooperative	cooperative	ADJ
fbem-26863	129	27	research	research	NOUN
fbem-26863	129	28	and	and	CCONJ
fbem-26863	129	29	development	development	NOUN
fbem-26863	129	30	,	,	PUNCT
fbem-26863	129	31	the	the	DET
fbem-26863	129	32	introduction	introduction	NOUN
fbem-26863	129	33	of	of	ADP
fbem-26863	129	34	advanced	advanced	ADJ
fbem-26863	129	35	technologies	technology	NOUN
fbem-26863	129	36	,	,	PUNCT
fbem-26863	129	37	and	and	CCONJ
fbem-26863	129	38	other	other	ADJ
fbem-26863	129	39	methods	method	NOUN
fbem-26863	129	40	to	to	PART
fbem-26863	129	41	rapidly	rapidly	ADV
fbem-26863	129	42	enhance	enhance	VERB
fbem-26863	129	43	its	its	PRON
fbem-26863	129	44	r&d	r&d	NOUN
fbem-26863	129	45	capabilities	capability	NOUN
fbem-26863	129	46	.	.	PUNCT
fbem-26863	130	1	reducing	reduce	VERB
fbem-26863	130	2	reliance	reliance	NOUN
fbem-26863	130	3	on	on	ADP
fbem-26863	130	4	a	a	DET
fbem-26863	130	5	single	single	ADJ
fbem-26863	130	6	product	product	NOUN
fbem-26863	130	7	line	line	NOUN
fbem-26863	130	8	and	and	CCONJ
fbem-26863	130	9	offering	offer	VERB
fbem-26863	130	10	a	a	DET
fbem-26863	130	11	variety	variety	NOUN
fbem-26863	130	12	of	of	ADP
fbem-26863	130	13	products	product	NOUN
fbem-26863	130	14	to	to	PART
fbem-26863	130	15	meet	meet	VERB
fbem-26863	130	16	a	a	DET
fbem-26863	130	17	broader	broad	ADJ
fbem-26863	130	18	range	range	NOUN
fbem-26863	130	19	of	of	ADP
fbem-26863	130	20	consumer	consumer	NOUN
fbem-26863	130	21	needs	need	NOUN
fbem-26863	130	22	will	will	AUX
fbem-26863	130	23	continuously	continuously	ADV
fbem-26863	130	24	improve	improve	VERB
fbem-26863	130	25	core	core	NOUN
fbem-26863	130	26	competitiveness	competitiveness	NOUN
fbem-26863	130	27	and	and	CCONJ
fbem-26863	130	28	,	,	PUNCT
fbem-26863	130	29	thereby	thereby	ADV
fbem-26863	130	30	,	,	PUNCT
fbem-26863	130	31	strengthen	strengthen	VERB
fbem-26863	130	32	profitability	profitability	NOUN
fbem-26863	130	33	.	.	PUNCT
fbem-26863	131	1	5.2	5.2	NUM
fbem-26863	131	2	.	.	PUNCT
fbem-26863	131	3	optimize	optimize	VERB
fbem-26863	131	4	operational	operational	ADJ
fbem-26863	131	5	capability	capability	NOUN
fbem-26863	131	6	and	and	CCONJ
fbem-26863	131	7	enhance	enhance	VERB
fbem-26863	131	8	liquidity	liquidity	NOUN
fbem-26863	131	9	level	level	NOUN
fbem-26863	131	10	in	in	ADP
fbem-26863	131	11	the	the	DET
fbem-26863	131	12	study	study	NOUN
fbem-26863	131	13	of	of	ADP
fbem-26863	131	14	tai	tai	PROPN
fbem-26863	131	15	long	long	ADJ
fbem-26863	131	16	pharmaceutical	pharmaceutical	PROPN
fbem-26863	131	17	's	's	PART
fbem-26863	131	18	operational	operational	ADJ
fbem-26863	131	19	capability	capability	NOUN
fbem-26863	131	20	,	,	PUNCT
fbem-26863	131	21	it	it	PRON
fbem-26863	131	22	was	be	AUX
fbem-26863	131	23	found	find	VERB
fbem-26863	131	24	that	that	SCONJ
fbem-26863	131	25	the	the	DET
fbem-26863	131	26	company	company	NOUN
fbem-26863	131	27	's	's	PART
fbem-26863	131	28	fixed	fix	VERB
fbem-26863	131	29	asset	asset	NOUN
fbem-26863	131	30	turnover	turnover	NOUN
fbem-26863	131	31	rate	rate	NOUN
fbem-26863	131	32	and	and	CCONJ
fbem-26863	131	33	current	current	ADJ
fbem-26863	131	34	asset	asset	NOUN
fbem-26863	131	35	turnover	turnover	NOUN
fbem-26863	131	36	rate	rate	NOUN
fbem-26863	131	37	have	have	AUX
fbem-26863	131	38	been	be	AUX
fbem-26863	131	39	continuously	continuously	ADV
fbem-26863	131	40	improving	improve	VERB
fbem-26863	131	41	,	,	PUNCT
fbem-26863	131	42	exceeding	exceed	VERB
fbem-26863	131	43	the	the	DET
fbem-26863	131	44	industry	industry	NOUN
fbem-26863	131	45	average	average	NOUN
fbem-26863	131	46	in	in	ADP
fbem-26863	131	47	the	the	DET
fbem-26863	131	48	past	past	ADJ
fbem-26863	131	49	two	two	NUM
fbem-26863	131	50	years	year	NOUN
fbem-26863	131	51	,	,	PUNCT
fbem-26863	131	52	and	and	CCONJ
fbem-26863	131	53	are	be	AUX
fbem-26863	131	54	generally	generally	ADV
fbem-26863	131	55	in	in	ADP
fbem-26863	131	56	a	a	DET
fbem-26863	131	57	medium	medium	ADJ
fbem-26863	131	58	position	position	NOUN
fbem-26863	131	59	in	in	ADP
fbem-26863	131	60	the	the	DET
fbem-26863	131	61	industry	industry	NOUN
fbem-26863	131	62	.	.	PUNCT
fbem-26863	132	1	due	due	ADP
fbem-26863	132	2	to	to	ADP
fbem-26863	132	3	the	the	DET
fbem-26863	132	4	growth	growth	NOUN
fbem-26863	132	5	of	of	ADP
fbem-26863	132	6	the	the	DET
fbem-26863	132	7	global	global	ADJ
fbem-26863	132	8	pharmaceutical	pharmaceutical	NOUN
fbem-26863	132	9	market	market	NOUN
fbem-26863	132	10	and	and	CCONJ
fbem-26863	132	11	the	the	DET
fbem-26863	132	12	increase	increase	NOUN
fbem-26863	132	13	in	in	ADP
fbem-26863	132	14	generic	generic	ADJ
fbem-26863	132	15	drug	drug	NOUN
fbem-26863	132	16	companies	company	NOUN
fbem-26863	132	17	,	,	PUNCT
fbem-26863	132	18	tai	tai	PROPN
fbem-26863	132	19	long	long	ADJ
fbem-26863	132	20	pharmaceutical	pharmaceutical	NOUN
fbem-26863	132	21	's	's	PART
fbem-26863	132	22	subsidiary	subsidiary	NOUN
fbem-26863	132	23	,	,	PUNCT
fbem-26863	132	24	xin	xin	PROPN
fbem-26863	132	25	lingxian	lingxian	PROPN
fbem-26863	132	26	,	,	PUNCT
fbem-26863	132	27	has	have	AUX
fbem-26863	132	28	turned	turn	VERB
fbem-26863	132	29	to	to	ADP
fbem-26863	132	30	the	the	DET
fbem-26863	132	31	field	field	NOUN
fbem-26863	132	32	of	of	ADP
fbem-26863	132	33	high	high	ADJ
fbem-26863	132	34	-	-	PUNCT
fbem-26863	132	35	end	end	NOUN
fbem-26863	132	36	complex	complex	ADJ
fbem-26863	132	37	preparations	preparation	NOUN
fbem-26863	132	38	and	and	CCONJ
fbem-26863	132	39	improved	improve	VERB
fbem-26863	132	40	new	new	ADJ
fbem-26863	132	41	drugs	drug	NOUN
fbem-26863	132	42	and	and	CCONJ
fbem-26863	132	43	a	a	DET
fbem-26863	132	44	large	large	ADJ
fbem-26863	132	45	amount	amount	NOUN
fbem-26863	132	46	of	of	ADP
fbem-26863	132	47	investment	investment	NOUN
fbem-26863	132	48	has	have	AUX
fbem-26863	132	49	led	lead	VERB
fbem-26863	132	50	to	to	ADP
fbem-26863	132	51	a	a	DET
fbem-26863	132	52	low	low	ADJ
fbem-26863	132	53	total	total	ADJ
fbem-26863	132	54	asset	asset	NOUN
fbem-26863	132	55	turnover	turnover	NOUN
fbem-26863	132	56	rate	rate	NOUN
fbem-26863	132	57	,	,	PUNCT
fbem-26863	132	58	affecting	affect	VERB
fbem-26863	132	59	operational	operational	ADJ
fbem-26863	132	60	efficiency	efficiency	NOUN
fbem-26863	132	61	.	.	PUNCT
fbem-26863	133	1	therefore	therefore	ADV
fbem-26863	133	2	,	,	PUNCT
fbem-26863	133	3	tai	tai	PROPN
fbem-26863	133	4	long	long	ADJ
fbem-26863	133	5	pharmaceutical	pharmaceutical	NOUN
fbem-26863	133	6	needs	need	VERB
fbem-26863	133	7	to	to	PART
fbem-26863	133	8	plan	plan	VERB
fbem-26863	133	9	resources	resource	NOUN
fbem-26863	133	10	reasonably	reasonably	ADV
fbem-26863	133	11	and	and	CCONJ
fbem-26863	133	12	focus	focus	VERB
fbem-26863	133	13	on	on	ADP
fbem-26863	133	14	r&d	r&d	NOUN
fbem-26863	133	15	and	and	CCONJ
fbem-26863	133	16	sales	sale	NOUN
fbem-26863	133	17	links	link	NOUN
fbem-26863	133	18	with	with	ADP
fbem-26863	133	19	cxo	cxo	PROPN
fbem-26863	133	20	business	business	NOUN
fbem-26863	133	21	as	as	SCONJ
fbem-26863	133	22	the	the	DET
fbem-26863	133	23	center	center	NOUN
fbem-26863	133	24	to	to	PART
fbem-26863	133	25	implement	implement	VERB
fbem-26863	133	26	lean	lean	ADJ
fbem-26863	133	27	production	production	NOUN
fbem-26863	133	28	,	,	PUNCT
fbem-26863	133	29	reduce	reduce	VERB
fbem-26863	133	30	costs	cost	NOUN
fbem-26863	133	31	,	,	PUNCT
fbem-26863	133	32	and	and	CCONJ
fbem-26863	133	33	increase	increase	VERB
fbem-26863	133	34	profits	profit	NOUN
fbem-26863	133	35	.	.	PUNCT
fbem-26863	134	1	mergers	merger	NOUN
fbem-26863	134	2	and	and	CCONJ
fbem-26863	134	3	acquisitions	acquisition	NOUN
fbem-26863	134	4	and	and	CCONJ
fbem-26863	134	5	other	other	ADJ
fbem-26863	134	6	cooperative	cooperative	ADJ
fbem-26863	134	7	activities	activity	NOUN
fbem-26863	134	8	should	should	AUX
fbem-26863	134	9	be	be	AUX
fbem-26863	134	10	planned	plan	VERB
fbem-26863	134	11	according	accord	VERB
fbem-26863	134	12	to	to	ADP
fbem-26863	134	13	strategic	strategic	ADJ
fbem-26863	134	14	goals	goal	NOUN
fbem-26863	134	15	,	,	PUNCT
fbem-26863	134	16	pay	pay	VERB
fbem-26863	134	17	attention	attention	NOUN
fbem-26863	134	18	to	to	ADP
fbem-26863	134	19	the	the	DET
fbem-26863	134	20	efficiency	efficiency	NOUN
fbem-26863	134	21	of	of	ADP
fbem-26863	134	22	fund	fund	NOUN
fbem-26863	134	23	use	use	NOUN
fbem-26863	134	24	,	,	PUNCT
fbem-26863	134	25	and	and	CCONJ
fbem-26863	134	26	avoid	avoid	VERB
fbem-26863	134	27	excessive	excessive	ADJ
fbem-26863	134	28	debt	debt	NOUN
fbem-26863	134	29	or	or	CCONJ
fbem-26863	134	30	waste	waste	NOUN
fbem-26863	134	31	.	.	PUNCT
fbem-26863	135	1	the	the	DET
fbem-26863	135	2	company	company	NOUN
fbem-26863	135	3	should	should	AUX
fbem-26863	135	4	strengthen	strengthen	VERB
fbem-26863	135	5	internal	internal	ADJ
fbem-26863	135	6	management	management	NOUN
fbem-26863	135	7	and	and	CCONJ
fbem-26863	135	8	optimize	optimize	VERB
fbem-26863	135	9	business	business	NOUN
fbem-26863	135	10	processes	process	NOUN
fbem-26863	135	11	to	to	PART
fbem-26863	135	12	improve	improve	VERB
fbem-26863	135	13	operational	operational	ADJ
fbem-26863	135	14	efficiency	efficiency	NOUN
fbem-26863	135	15	and	and	CCONJ
fbem-26863	135	16	benefits	benefit	NOUN
fbem-26863	135	17	through	through	ADP
fbem-26863	135	18	effective	effective	ADJ
fbem-26863	135	19	resource	resource	NOUN
fbem-26863	135	20	allocation	allocation	NOUN
fbem-26863	135	21	and	and	CCONJ
fbem-26863	135	22	process	process	NOUN
fbem-26863	135	23	arrangements	arrangement	NOUN
fbem-26863	135	24	.	.	PUNCT
fbem-26863	136	1	at	at	ADP
fbem-26863	136	2	the	the	DET
fbem-26863	136	3	same	same	ADJ
fbem-26863	136	4	time	time	NOUN
fbem-26863	136	5	,	,	PUNCT
fbem-26863	136	6	it	it	PRON
fbem-26863	136	7	is	be	AUX
fbem-26863	136	8	necessary	necessary	ADJ
fbem-26863	136	9	to	to	PART
fbem-26863	136	10	maintain	maintain	VERB
fbem-26863	136	11	sensitivity	sensitivity	NOUN
fbem-26863	136	12	to	to	ADP
fbem-26863	136	13	market	market	NOUN
fbem-26863	136	14	and	and	CCONJ
fbem-26863	136	15	industry	industry	NOUN
fbem-26863	136	16	dynamics	dynamic	NOUN
fbem-26863	136	17	and	and	CCONJ
fbem-26863	136	18	adjust	adjust	VERB
fbem-26863	136	19	corporate	corporate	ADJ
fbem-26863	136	20	strategies	strategy	NOUN
fbem-26863	136	21	in	in	ADP
fbem-26863	136	22	a	a	DET
fbem-26863	136	23	timely	timely	ADJ
fbem-26863	136	24	manner	manner	NOUN
fbem-26863	136	25	to	to	PART
fbem-26863	136	26	adapt	adapt	VERB
fbem-26863	136	27	to	to	ADP
fbem-26863	136	28	the	the	DET
fbem-26863	136	29	constantly	constantly	ADV
fbem-26863	136	30	changing	change	VERB
fbem-26863	136	31	market	market	NOUN
fbem-26863	136	32	environment	environment	NOUN
fbem-26863	136	33	.	.	PUNCT
fbem-26863	137	1	5.3	5.3	NUM
fbem-26863	137	2	.	.	PUNCT
fbem-26863	137	3	expand	expand	VERB
fbem-26863	137	4	financing	financing	NOUN
fbem-26863	137	5	channels	channel	NOUN
fbem-26863	137	6	and	and	CCONJ
fbem-26863	137	7	optimize	optimize	VERB
fbem-26863	137	8	debt	debt	NOUN
fbem-26863	137	9	structure	structure	NOUN
fbem-26863	137	10	the	the	DET
fbem-26863	137	11	study	study	NOUN
fbem-26863	137	12	on	on	ADP
fbem-26863	137	13	tai	tai	PROPN
fbem-26863	137	14	long	long	ADJ
fbem-26863	137	15	pharmaceutical	pharmaceutical	NOUN
fbem-26863	137	16	's	's	PART
fbem-26863	137	17	debt	debt	NOUN
fbem-26863	137	18	-	-	PUNCT
fbem-26863	137	19	paying	pay	VERB
fbem-26863	137	20	ability	ability	NOUN
fbem-26863	137	21	reveals	reveal	VERB
fbem-26863	137	22	that	that	SCONJ
fbem-26863	137	23	the	the	DET
fbem-26863	137	24	company	company	NOUN
fbem-26863	137	25	's	's	PART
fbem-26863	137	26	debt	debt	NOUN
fbem-26863	137	27	-	-	PUNCT
fbem-26863	137	28	to	to	ADP
fbem-26863	137	29	-	-	PUNCT
fbem-26863	137	30	asset	asset	NOUN
fbem-26863	137	31	ratio	ratio	NOUN
fbem-26863	137	32	is	be	AUX
fbem-26863	137	33	significantly	significantly	ADV
fbem-26863	137	34	higher	high	ADJ
fbem-26863	137	35	than	than	ADP
fbem-26863	137	36	the	the	DET
fbem-26863	137	37	industry	industry	NOUN
fbem-26863	137	38	average	average	NOUN
fbem-26863	137	39	and	and	CCONJ
fbem-26863	137	40	has	have	AUX
fbem-26863	137	41	shown	show	VERB
fbem-26863	137	42	an	an	DET
fbem-26863	137	43	upward	upward	ADJ
fbem-26863	137	44	trend	trend	NOUN
fbem-26863	137	45	,	,	PUNCT
fbem-26863	137	46	reaching	reach	VERB
fbem-26863	137	47	54.61	54.61	NUM
fbem-26863	137	48	%	%	NOUN
fbem-26863	137	49	in	in	ADP
fbem-26863	137	50	2023	2023	NUM
fbem-26863	137	51	.	.	PUNCT
fbem-26863	138	1	the	the	DET
fbem-26863	138	2	company	company	NOUN
fbem-26863	138	3	faces	face	VERB
fbem-26863	138	4	considerable	considerable	ADJ
fbem-26863	138	5	debt	debt	NOUN
fbem-26863	138	6	repayment	repayment	NOUN
fbem-26863	138	7	pressure	pressure	NOUN
fbem-26863	138	8	.	.	PUNCT
fbem-26863	139	1	under	under	ADP
fbem-26863	139	2	a	a	DET
fbem-26863	139	3	light	light	ADJ
fbem-26863	139	4	asset	asset	NOUN
fbem-26863	139	5	operation	operation	NOUN
fbem-26863	139	6	model	model	NOUN
fbem-26863	139	7	,	,	PUNCT
fbem-26863	139	8	enterprises	enterprise	NOUN
fbem-26863	139	9	typically	typically	ADV
fbem-26863	139	10	rely	rely	VERB
fbem-26863	139	11	on	on	ADP
fbem-26863	139	12	a	a	DET
fbem-26863	139	13	higher	high	ADJ
fbem-26863	139	14	proportion	proportion	NOUN
fbem-26863	139	15	of	of	ADP
fbem-26863	139	16	current	current	ADJ
fbem-26863	139	17	liabilities	liability	NOUN
fbem-26863	139	18	to	to	PART
fbem-26863	139	19	maintain	maintain	VERB
fbem-26863	139	20	daily	daily	ADJ
fbem-26863	139	21	operations	operation	NOUN
fbem-26863	139	22	.	.	PUNCT
fbem-26863	140	1	however	however	ADV
fbem-26863	140	2	,	,	PUNCT
fbem-26863	140	3	an	an	DET
fbem-26863	140	4	excessively	excessively	ADV
fbem-26863	140	5	high	high	ADJ
fbem-26863	140	6	debt	debt	NOUN
fbem-26863	140	7	ratio	ratio	NOUN
fbem-26863	140	8	may	may	AUX
fbem-26863	140	9	put	put	VERB
fbem-26863	140	10	pressure	pressure	NOUN
fbem-26863	140	11	on	on	ADP
fbem-26863	140	12	0.59	0.59	NUM
fbem-26863	140	13	0.41	0.41	NUM
fbem-26863	140	14	0.36	0.36	NUM
fbem-26863	140	15	0.43	0.43	NUM
fbem-26863	140	16	0.42	0.42	NUM
fbem-26863	140	17	0.47	0.47	NUM
fbem-26863	140	18	0.46	0.46	NUM
fbem-26863	140	19	0.45	0.45	NUM
fbem-26863	140	20	0.53	0.53	NUM
fbem-26863	140	21	0.58	0.58	NUM
fbem-26863	140	22	0	0	NUM
fbem-26863	140	23	0.2	0.2	NUM
fbem-26863	140	24	0.4	0.4	NUM
fbem-26863	140	25	0.6	0.6	NUM
fbem-26863	140	26	0.8	0.8	NUM
fbem-26863	140	27	2014	2014	NUM
fbem-26863	140	28	2015	2015	NUM
fbem-26863	140	29	2016	2016	NUM
fbem-26863	140	30	2017	2017	NUM
fbem-26863	140	31	2018	2018	NUM
fbem-26863	140	32	2019	2019	NUM
fbem-26863	140	33	2020	2020	NUM
fbem-26863	140	34	2021	2021	NUM
fbem-26863	140	35	2022	2022	NUM
fbem-26863	140	36	2023	2023	NUM
fbem-26863	140	37	r	r	NOUN
fbem-26863	140	38	a	a	DET
fbem-26863	140	39	te	te	X
fbem-26863	140	40	s	s	X
fbem-26863	140	41	(	(	PUNCT
fbem-26863	140	42	t	t	X
fbem-26863	140	43	i	i	PRON
fbem-26863	140	44	m	m	VERB
fbem-26863	140	45	e	e	NOUN
fbem-26863	140	46	s	s	X
fbem-26863	140	47	)	)	PUNCT
fbem-26863	140	48	the	the	DET
fbem-26863	140	49	fiscal	fiscal	ADJ
fbem-26863	140	50	year	year	NOUN
fbem-26863	140	51	turnover	turnover	NOUN
fbem-26863	140	52	of	of	ADP
fbem-26863	140	53	total	total	ADJ
fbem-26863	140	54	capital	capital	NOUN
fbem-26863	140	55	207	207	NUM
fbem-26863	140	56	the	the	DET
fbem-26863	140	57	company	company	NOUN
fbem-26863	140	58	's	's	PART
fbem-26863	140	59	financial	financial	ADJ
fbem-26863	140	60	condition	condition	NOUN
fbem-26863	140	61	.	.	PUNCT
fbem-26863	141	1	tai	tai	PROPN
fbem-26863	141	2	long	long	ADJ
fbem-26863	141	3	pharmaceutical	pharmaceutical	PROPN
fbem-26863	141	4	's	's	PART
fbem-26863	141	5	debt	debt	NOUN
fbem-26863	141	6	structure	structure	NOUN
fbem-26863	141	7	indicates	indicate	VERB
fbem-26863	141	8	that	that	SCONJ
fbem-26863	141	9	bank	bank	NOUN
fbem-26863	141	10	loans	loan	NOUN
fbem-26863	141	11	account	account	VERB
fbem-26863	141	12	for	for	ADP
fbem-26863	141	13	a	a	DET
fbem-26863	141	14	large	large	ADJ
fbem-26863	141	15	proportion	proportion	NOUN
fbem-26863	141	16	and	and	CCONJ
fbem-26863	141	17	the	the	DET
fbem-26863	141	18	financing	financing	NOUN
fbem-26863	141	19	channels	channel	NOUN
fbem-26863	141	20	are	be	AUX
fbem-26863	141	21	relatively	relatively	ADV
fbem-26863	141	22	singular	singular	ADJ
fbem-26863	141	23	.	.	PUNCT
fbem-26863	142	1	to	to	PART
fbem-26863	142	2	reduce	reduce	VERB
fbem-26863	142	3	financial	financial	ADJ
fbem-26863	142	4	risks	risk	NOUN
fbem-26863	142	5	,	,	PUNCT
fbem-26863	142	6	the	the	DET
fbem-26863	142	7	company	company	NOUN
fbem-26863	142	8	could	could	AUX
fbem-26863	142	9	consider	consider	VERB
fbem-26863	142	10	expanding	expand	VERB
fbem-26863	142	11	its	its	PRON
fbem-26863	142	12	financing	financing	NOUN
fbem-26863	142	13	channels	channel	NOUN
fbem-26863	142	14	,	,	PUNCT
fbem-26863	142	15	such	such	ADJ
fbem-26863	142	16	as	as	ADP
fbem-26863	142	17	introducing	introduce	VERB
fbem-26863	142	18	equity	equity	NOUN
fbem-26863	142	19	financing	financing	NOUN
fbem-26863	142	20	,	,	PUNCT
fbem-26863	142	21	asset	asset	NOUN
fbem-26863	142	22	securitization	securitization	NOUN
fbem-26863	142	23	(	(	PUNCT
fbem-26863	142	24	e.g.	e.g.	ADV
fbem-26863	142	25	,	,	PUNCT
fbem-26863	142	26	reits	reit	NOUN
fbem-26863	142	27	)	)	PUNCT
fbem-26863	142	28	,	,	PUNCT
fbem-26863	142	29	and	and	CCONJ
fbem-26863	142	30	employee	employee	NOUN
fbem-26863	142	31	stock	stock	NOUN
fbem-26863	142	32	ownership	ownership	NOUN
fbem-26863	142	33	plans	plan	NOUN
fbem-26863	142	34	.	.	PUNCT
fbem-26863	143	1	the	the	DET
fbem-26863	143	2	company	company	NOUN
fbem-26863	143	3	should	should	AUX
fbem-26863	143	4	also	also	ADV
fbem-26863	143	5	increase	increase	VERB
fbem-26863	143	6	internal	internal	ADJ
fbem-26863	143	7	financing	financing	NOUN
fbem-26863	143	8	by	by	ADP
fbem-26863	143	9	improving	improve	VERB
fbem-26863	143	10	retained	retain	VERB
fbem-26863	143	11	earnings	earning	NOUN
fbem-26863	143	12	to	to	PART
fbem-26863	143	13	reduce	reduce	VERB
fbem-26863	143	14	the	the	DET
fbem-26863	143	15	need	need	NOUN
fbem-26863	143	16	for	for	ADP
fbem-26863	143	17	external	external	ADJ
fbem-26863	143	18	financing	financing	NOUN
fbem-26863	143	19	.	.	PUNCT
fbem-26863	144	1	in	in	ADP
fbem-26863	144	2	addition	addition	NOUN
fbem-26863	144	3	,	,	PUNCT
fbem-26863	144	4	tai	tai	PROPN
fbem-26863	144	5	long	long	ADJ
fbem-26863	144	6	pharmaceutical	pharmaceutical	NOUN
fbem-26863	144	7	needs	need	VERB
fbem-26863	144	8	to	to	PART
fbem-26863	144	9	optimize	optimize	VERB
fbem-26863	144	10	its	its	PRON
fbem-26863	144	11	debt	debt	NOUN
fbem-26863	144	12	structure	structure	NOUN
fbem-26863	144	13	by	by	ADP
fbem-26863	144	14	balancing	balance	VERB
fbem-26863	144	15	the	the	DET
fbem-26863	144	16	ratio	ratio	NOUN
fbem-26863	144	17	of	of	ADP
fbem-26863	144	18	short	short	ADJ
fbem-26863	144	19	-	-	PUNCT
fbem-26863	144	20	term	term	NOUN
fbem-26863	144	21	and	and	CCONJ
fbem-26863	144	22	long	long	ADJ
fbem-26863	144	23	-	-	PUNCT
fbem-26863	144	24	term	term	NOUN
fbem-26863	144	25	debt	debt	NOUN
fbem-26863	144	26	.	.	PUNCT
fbem-26863	145	1	the	the	DET
fbem-26863	145	2	company	company	NOUN
fbem-26863	145	3	could	could	AUX
fbem-26863	145	4	alleviate	alleviate	VERB
fbem-26863	145	5	short	short	ADJ
fbem-26863	145	6	-	-	PUNCT
fbem-26863	145	7	term	term	NOUN
fbem-26863	145	8	debt	debt	NOUN
fbem-26863	145	9	repayment	repayment	NOUN
fbem-26863	145	10	pressure	pressure	NOUN
fbem-26863	145	11	and	and	CCONJ
fbem-26863	145	12	enhance	enhance	VERB
fbem-26863	145	13	liquidity	liquidity	NOUN
fbem-26863	145	14	and	and	CCONJ
fbem-26863	145	15	financial	financial	ADJ
fbem-26863	145	16	stability	stability	NOUN
fbem-26863	145	17	by	by	ADP
fbem-26863	145	18	extending	extend	VERB
fbem-26863	145	19	debt	debt	NOUN
fbem-26863	145	20	repayment	repayment	NOUN
fbem-26863	145	21	terms	term	NOUN
fbem-26863	145	22	,	,	PUNCT
fbem-26863	145	23	reducing	reduce	VERB
fbem-26863	145	24	debt	debt	NOUN
fbem-26863	145	25	interest	interest	NOUN
fbem-26863	145	26	rates	rate	NOUN
fbem-26863	145	27	,	,	PUNCT
fbem-26863	145	28	or	or	CCONJ
fbem-26863	145	29	restructuring	restructure	VERB
fbem-26863	145	30	debt	debt	NOUN
fbem-26863	145	31	.	.	PUNCT
fbem-26863	146	1	6	6	X
fbem-26863	146	2	.	.	X
fbem-26863	146	3	conclusion	conclusion	NOUN
fbem-26863	146	4	this	this	DET
fbem-26863	146	5	study	study	NOUN
fbem-26863	146	6	provides	provide	VERB
fbem-26863	146	7	an	an	DET
fbem-26863	146	8	in	in	ADP
fbem-26863	146	9	-	-	PUNCT
fbem-26863	146	10	depth	depth	NOUN
fbem-26863	146	11	analysis	analysis	NOUN
fbem-26863	146	12	of	of	ADP
fbem-26863	146	13	the	the	DET
fbem-26863	146	14	light	light	ADJ
fbem-26863	146	15	asset	asset	NOUN
fbem-26863	146	16	operation	operation	NOUN
fbem-26863	146	17	model	model	NOUN
fbem-26863	146	18	adopted	adopt	VERB
fbem-26863	146	19	by	by	ADP
fbem-26863	146	20	tai	tai	PROPN
fbem-26863	146	21	long	long	ADJ
fbem-26863	146	22	pharmaceutical	pharmaceutical	NOUN
fbem-26863	146	23	.	.	PUNCT
fbem-26863	147	1	by	by	ADP
fbem-26863	147	2	employing	employ	VERB
fbem-26863	147	3	factor	factor	NOUN
fbem-26863	147	4	analysis	analysis	NOUN
fbem-26863	147	5	,	,	PUNCT
fbem-26863	147	6	an	an	DET
fbem-26863	147	7	assessment	assessment	NOUN
fbem-26863	147	8	model	model	NOUN
fbem-26863	147	9	was	be	AUX
fbem-26863	147	10	constructed	construct	VERB
fbem-26863	147	11	to	to	PART
fbem-26863	147	12	evaluate	evaluate	VERB
fbem-26863	147	13	the	the	DET
fbem-26863	147	14	company	company	NOUN
fbem-26863	147	15	's	's	PART
fbem-26863	147	16	financial	financial	ADJ
fbem-26863	147	17	performance	performance	NOUN
fbem-26863	147	18	from	from	ADP
fbem-26863	147	19	2014	2014	NUM
fbem-26863	147	20	to	to	ADP
fbem-26863	147	21	2023	2023	NUM
fbem-26863	147	22	.	.	PUNCT
fbem-26863	148	1	the	the	DET
fbem-26863	148	2	results	result	NOUN
fbem-26863	148	3	indicate	indicate	VERB
fbem-26863	148	4	that	that	SCONJ
fbem-26863	148	5	tai	tai	PROPN
fbem-26863	148	6	long	long	ADJ
fbem-26863	148	7	pharmaceutical	pharmaceutical	NOUN
fbem-26863	148	8	's	's	PART
fbem-26863	148	9	financial	financial	ADJ
fbem-26863	148	10	performance	performance	NOUN
fbem-26863	148	11	has	have	AUX
fbem-26863	148	12	shown	show	VERB
fbem-26863	148	13	an	an	DET
fbem-26863	148	14	overall	overall	ADJ
fbem-26863	148	15	upward	upward	ADJ
fbem-26863	148	16	trend	trend	NOUN
fbem-26863	148	17	,	,	PUNCT
fbem-26863	148	18	with	with	ADP
fbem-26863	148	19	significant	significant	ADJ
fbem-26863	148	20	enhancements	enhancement	NOUN
fbem-26863	148	21	in	in	ADP
fbem-26863	148	22	growth	growth	NOUN
fbem-26863	148	23	capability	capability	NOUN
fbem-26863	148	24	and	and	CCONJ
fbem-26863	148	25	operational	operational	ADJ
fbem-26863	148	26	efficiency	efficiency	NOUN
fbem-26863	148	27	.	.	PUNCT
fbem-26863	149	1	however	however	ADV
fbem-26863	149	2	,	,	PUNCT
fbem-26863	149	3	profitability	profitability	NOUN
fbem-26863	149	4	and	and	CCONJ
fbem-26863	149	5	debt	debt	NOUN
fbem-26863	149	6	-	-	PUNCT
fbem-26863	149	7	paying	pay	VERB
fbem-26863	149	8	ability	ability	NOUN
fbem-26863	149	9	remain	remain	VERB
fbem-26863	149	10	relatively	relatively	ADV
fbem-26863	149	11	weak	weak	ADJ
fbem-26863	149	12	,	,	PUNCT
fbem-26863	149	13	suggesting	suggest	VERB
fbem-26863	149	14	that	that	SCONJ
fbem-26863	149	15	the	the	DET
fbem-26863	149	16	company	company	NOUN
fbem-26863	149	17	needs	need	VERB
fbem-26863	149	18	to	to	PART
fbem-26863	149	19	further	far	ADV
fbem-26863	149	20	strengthen	strengthen	VERB
fbem-26863	149	21	brand	brand	NOUN
fbem-26863	149	22	building	building	NOUN
fbem-26863	149	23	to	to	PART
fbem-26863	149	24	consolidate	consolidate	VERB
fbem-26863	149	25	and	and	CCONJ
fbem-26863	149	26	enhance	enhance	VERB
fbem-26863	149	27	its	its	PRON
fbem-26863	149	28	core	core	NOUN
fbem-26863	149	29	competitiveness	competitiveness	NOUN
fbem-26863	149	30	.	.	PUNCT
fbem-26863	150	1	it	it	PRON
fbem-26863	150	2	is	be	AUX
fbem-26863	150	3	also	also	ADV
fbem-26863	150	4	necessary	necessary	ADJ
fbem-26863	150	5	to	to	PART
fbem-26863	150	6	optimize	optimize	VERB
fbem-26863	150	7	operational	operational	ADJ
fbem-26863	150	8	efficiency	efficiency	NOUN
fbem-26863	150	9	,	,	PUNCT
fbem-26863	150	10	improve	improve	VERB
fbem-26863	150	11	capital	capital	NOUN
fbem-26863	150	12	liquidity	liquidity	NOUN
fbem-26863	150	13	,	,	PUNCT
fbem-26863	150	14	expand	expand	VERB
fbem-26863	150	15	funding	funding	NOUN
fbem-26863	150	16	sources	source	NOUN
fbem-26863	150	17	,	,	PUNCT
fbem-26863	150	18	and	and	CCONJ
fbem-26863	150	19	amend	amend	VERB
fbem-26863	150	20	the	the	DET
fbem-26863	150	21	debt	debt	NOUN
fbem-26863	150	22	structure	structure	NOUN
fbem-26863	150	23	.	.	PUNCT
fbem-26863	151	1	acknowledgment	acknowledgment	NOUN
fbem-26863	151	2	high	high	ADJ
fbem-26863	151	3	-	-	PUNCT
fbem-26863	151	4	quality	quality	NOUN
fbem-26863	151	5	curriculum	curriculum	NOUN
fbem-26863	151	6	construction	construction	NOUN
fbem-26863	151	7	project	project	NOUN
fbem-26863	151	8	of	of	ADP
fbem-26863	151	9	sichuan	sichuan	PROPN
fbem-26863	151	10	university	university	PROPN
fbem-26863	151	11	of	of	ADP
fbem-26863	151	12	science	science	PROPN
fbem-26863	151	13	&	&	CCONJ
fbem-26863	151	14	engineering	engineering	PROPN
fbem-26863	151	15	(	(	PUNCT
fbem-26863	151	16	no.yz202107	no.yz202107	PROPN
fbem-26863	151	17	)	)	PUNCT
fbem-26863	151	18	.	.	PUNCT
fbem-26863	152	1	references	reference	NOUN
fbem-26863	152	2	[	[	X
fbem-26863	152	3	1	1	NUM
fbem-26863	152	4	]	]	PUNCT
fbem-26863	152	5	yu	yu	PROPN
fbem-26863	152	6	peiyu	peiyu	PROPN
fbem-26863	152	7	,	,	PUNCT
fbem-26863	152	8	cui	cui	PROPN
fbem-26863	152	9	xiao	xiao	PROPN
fbem-26863	152	10	,	,	PUNCT
fbem-26863	152	11	yu	yu	PROPN
fbem-26863	152	12	shunhao	shunhao	PROPN
fbem-26863	152	13	.	.	PUNCT
fbem-26863	153	1	a	a	DET
fbem-26863	153	2	study	study	NOUN
fbem-26863	153	3	on	on	ADP
fbem-26863	153	4	the	the	DET
fbem-26863	153	5	financial	financial	ADJ
fbem-26863	153	6	effects	effect	NOUN
fbem-26863	153	7	of	of	ADP
fbem-26863	153	8	enterprise	enterprise	NOUN
fbem-26863	153	9	light	light	ADJ
fbem-26863	153	10	asset	asset	NOUN
fbem-26863	153	11	transformation	transformation	NOUN
fbem-26863	153	12	from	from	ADP
fbem-26863	153	13	the	the	DET
fbem-26863	153	14	perspective	perspective	NOUN
fbem-26863	153	15	of	of	ADP
fbem-26863	153	16	value	value	NOUN
fbem-26863	153	17	chain	chain	NOUN
fbem-26863	153	18	—	—	PUNCT
fbem-26863	153	19	taking	take	VERB
fbem-26863	153	20	wanda	wanda	PROPN
fbem-26863	153	21	business	business	NOUN
fbem-26863	153	22	management	management	NOUN
fbem-26863	153	23	as	as	ADP
fbem-26863	153	24	an	an	DET
fbem-26863	153	25	example	example	NOUN
fbem-26863	154	1	[	[	X
fbem-26863	154	2	j	j	X
fbem-26863	154	3	]	]	X
fbem-26863	154	4	.	.	PUNCT
fbem-26863	155	1	commercial	commercial	ADJ
fbem-26863	155	2	accounting	accounting	NOUN
fbem-26863	155	3	,	,	PUNCT
fbem-26863	155	4	2023	2023	NUM
fbem-26863	155	5	,	,	PUNCT
fbem-26863	155	6	(	(	PUNCT
fbem-26863	155	7	01	01	NUM
fbem-26863	155	8	):	):	PUNCT
fbem-26863	155	9	46	46	NUM
fbem-26863	155	10	-	-	SYM
fbem-26863	155	11	49	49	NUM
fbem-26863	155	12	.	.	PUNCT
fbem-26863	156	1	[	[	X
fbem-26863	156	2	2	2	NUM
fbem-26863	156	3	]	]	X
fbem-26863	156	4	li	li	PROPN
fbem-26863	156	5	wenxin	wenxin	PROPN
fbem-26863	156	6	,	,	PUNCT
fbem-26863	156	7	guo	guo	PROPN
fbem-26863	156	8	fanrui	fanrui	PROPN
fbem-26863	156	9	.	.	PUNCT
fbem-26863	157	1	a	a	DET
fbem-26863	157	2	study	study	NOUN
fbem-26863	157	3	on	on	ADP
fbem-26863	157	4	the	the	DET
fbem-26863	157	5	motivation	motivation	NOUN
fbem-26863	157	6	and	and	CCONJ
fbem-26863	157	7	performance	performance	NOUN
fbem-26863	157	8	of	of	ADP
fbem-26863	157	9	light	light	ADJ
fbem-26863	157	10	asset	asset	NOUN
fbem-26863	157	11	operation	operation	NOUN
fbem-26863	157	12	transformation	transformation	NOUN
fbem-26863	158	1	[	[	X
fbem-26863	158	2	j	j	X
fbem-26863	158	3	]	]	X
fbem-26863	158	4	.	.	PUNCT
fbem-26863	159	1	commercial	commercial	ADJ
fbem-26863	159	2	accounting	accounting	NOUN
fbem-26863	159	3	,	,	PUNCT
fbem-26863	159	4	2023	2023	NUM
fbem-26863	159	5	,	,	PUNCT
fbem-26863	159	6	(	(	PUNCT
fbem-26863	159	7	18	18	NUM
fbem-26863	159	8	):	):	PUNCT
fbem-26863	159	9	94	94	NUM
fbem-26863	159	10	-	-	SYM
fbem-26863	159	11	98	98	NUM
fbem-26863	159	12	.	.	PUNCT
fbem-26863	160	1	[	[	X
fbem-26863	160	2	3	3	NUM
fbem-26863	160	3	]	]	X
fbem-26863	160	4	guo	guo	PROPN
fbem-26863	160	5	xinyun	xinyun	PROPN
fbem-26863	160	6	,	,	PUNCT
fbem-26863	160	7	guo	guo	PROPN
fbem-26863	160	8	hui	hui	PROPN
fbem-26863	160	9	.	.	PUNCT
fbem-26863	161	1	a	a	DET
fbem-26863	161	2	study	study	NOUN
fbem-26863	161	3	on	on	ADP
fbem-26863	161	4	the	the	DET
fbem-26863	161	5	financial	financial	ADJ
fbem-26863	161	6	performance	performance	NOUN
fbem-26863	161	7	of	of	ADP
fbem-26863	161	8	enterprise	enterprise	NOUN
fbem-26863	161	9	light	light	ADJ
fbem-26863	161	10	asset	asset	NOUN
fbem-26863	161	11	operation	operation	NOUN
fbem-26863	161	12	model	model	NOUN
fbem-26863	161	13	—	—	PUNCT
fbem-26863	161	14	taking	take	VERB
fbem-26863	161	15	z	z	PROPN
fbem-26863	161	16	company	company	NOUN
fbem-26863	161	17	as	as	ADP
fbem-26863	161	18	an	an	DET
fbem-26863	161	19	example	example	NOUN
fbem-26863	162	1	[	[	X
fbem-26863	162	2	j	j	X
fbem-26863	162	3	]	]	X
fbem-26863	162	4	.	.	PUNCT
fbem-26863	163	1	market	market	NOUN
fbem-26863	163	2	modernization	modernization	NOUN
fbem-26863	163	3	,	,	PUNCT
fbem-26863	163	4	2022	2022	NUM
fbem-26863	163	5	,	,	PUNCT
fbem-26863	163	6	(	(	PUNCT
fbem-26863	163	7	21	21	NUM
fbem-26863	163	8	):	):	PUNCT
fbem-26863	163	9	168	168	NUM
fbem-26863	163	10	-	-	SYM
fbem-26863	163	11	170	170	NUM
fbem-26863	163	12	.	.	PUNCT
fbem-26863	164	1	[	[	X
fbem-26863	164	2	4	4	NUM
fbem-26863	164	3	]	]	X
fbem-26863	164	4	lü	lü	PROPN
fbem-26863	164	5	luoyi	luoyi	PROPN
fbem-26863	164	6	,	,	PUNCT
fbem-26863	164	7	li	li	PROPN
fbem-26863	164	8	jinru	jinru	PROPN
fbem-26863	164	9	.	.	PUNCT
fbem-26863	165	1	a	a	DET
fbem-26863	165	2	study	study	NOUN
fbem-26863	165	3	on	on	ADP
fbem-26863	165	4	the	the	DET
fbem-26863	165	5	light	light	ADJ
fbem-26863	165	6	asset	asset	NOUN
fbem-26863	165	7	operation	operation	NOUN
fbem-26863	165	8	model	model	NOUN
fbem-26863	165	9	and	and	CCONJ
fbem-26863	165	10	financial	financial	ADJ
fbem-26863	165	11	performance	performance	NOUN
fbem-26863	165	12	of	of	ADP
fbem-26863	165	13	the	the	DET
fbem-26863	165	14	traditional	traditional	ADJ
fbem-26863	165	15	chinese	chinese	ADJ
fbem-26863	165	16	medicine	medicine	NOUN
fbem-26863	165	17	industry	industry	NOUN
fbem-26863	165	18	—	—	PUNCT
fbem-26863	165	19	taking	take	VERB
fbem-26863	165	20	tong	tong	PROPN
fbem-26863	165	21	ren	ren	PROPN
fbem-26863	165	22	tang	tang	PROPN
fbem-26863	165	23	as	as	ADP
fbem-26863	165	24	an	an	DET
fbem-26863	165	25	example	example	NOUN
fbem-26863	166	1	[	[	X
fbem-26863	166	2	j	j	X
fbem-26863	166	3	]	]	X
fbem-26863	166	4	.	.	PUNCT
fbem-26863	167	1	commercial	commercial	ADJ
fbem-26863	167	2	accounting	accounting	NOUN
fbem-26863	167	3	,	,	PUNCT
fbem-26863	167	4	2024	2024	NUM
fbem-26863	167	5	,	,	PUNCT
fbem-26863	167	6	(	(	PUNCT
fbem-26863	167	7	03	03	NUM
fbem-26863	167	8	):	):	PUNCT
fbem-26863	167	9	97	97	NUM
fbem-26863	167	10	-	-	SYM
fbem-26863	167	11	101	101	NUM
fbem-26863	167	12	.	.	PUNCT
fbem-26863	168	1	[	[	X
fbem-26863	168	2	5	5	NUM
fbem-26863	168	3	]	]	PUNCT
fbem-26863	168	4	xie	xie	PROPN
fbem-26863	168	5	peibo	peibo	PROPN
fbem-26863	168	6	.	.	PUNCT
fbem-26863	169	1	a	a	DET
fbem-26863	169	2	study	study	NOUN
fbem-26863	169	3	on	on	ADP
fbem-26863	169	4	the	the	DET
fbem-26863	169	5	impact	impact	NOUN
fbem-26863	169	6	and	and	CCONJ
fbem-26863	169	7	path	path	NOUN
fbem-26863	169	8	of	of	ADP
fbem-26863	169	9	light	light	ADJ
fbem-26863	169	10	asset	asset	NOUN
fbem-26863	169	11	operation	operation	NOUN
fbem-26863	169	12	on	on	ADP
fbem-26863	169	13	enterprise	enterprise	NOUN
fbem-26863	169	14	financial	financial	ADJ
fbem-26863	169	15	risk	risk	NOUN
fbem-26863	170	1	[	[	X
fbem-26863	170	2	j	j	X
fbem-26863	170	3	]	]	X
fbem-26863	170	4	.	.	PUNCT
fbem-26863	171	1	finance	finance	NOUN
fbem-26863	171	2	and	and	CCONJ
fbem-26863	171	3	accounting	accounting	NOUN
fbem-26863	171	4	communication	communication	NOUN
fbem-26863	171	5	,	,	PUNCT
fbem-26863	171	6	2024	2024	NUM
fbem-26863	171	7	,	,	PUNCT
fbem-26863	171	8	(	(	PUNCT
fbem-26863	171	9	04	04	NUM
fbem-26863	171	10	):	):	PUNCT
fbem-26863	171	11	72	72	NUM
fbem-26863	171	12	-	-	SYM
fbem-26863	171	13	76	76	NUM
fbem-26863	171	14	.	.	PUNCT