id	sid	tid	token	lemma	pos
fbem-28281	1	1	frontiers	frontier	NOUN
fbem-28281	1	2	in	in	ADP
fbem-28281	1	3	business	business	NOUN
fbem-28281	1	4	,	,	PUNCT
fbem-28281	1	5	economics	economic	NOUN
fbem-28281	1	6	and	and	CCONJ
fbem-28281	1	7	management	management	NOUN
fbem-28281	1	8	issn	issn	PROPN
fbem-28281	1	9	:	:	PUNCT
fbem-28281	1	10	2766	2766	NUM
fbem-28281	1	11	-	-	PUNCT
fbem-28281	1	12	824x	824x	NUM
fbem-28281	1	13	|	|	ADJ
fbem-28281	1	14	vol	vol	NOUN
fbem-28281	1	15	.	.	PROPN
fbem-28281	1	16	17	17	NUM
fbem-28281	1	17	,	,	PUNCT
fbem-28281	1	18	no	no	INTJ
fbem-28281	1	19	.	.	NOUN
fbem-28281	1	20	3	3	NUM
fbem-28281	1	21	,	,	PUNCT
fbem-28281	1	22	2024	2024	NUM
fbem-28281	1	23	270	270	NUM
fbem-28281	1	24	based	base	VERB
fbem-28281	1	25	on	on	ADP
fbem-28281	1	26	eva	eva	PROPN
fbem-28281	1	27	model	model	NOUN
fbem-28281	1	28	's	's	PART
fbem-28281	1	29	enterprise	enterprise	NOUN
fbem-28281	1	30	value	value	NOUN
fbem-28281	1	31	assessment	assessment	NOUN
fbem-28281	1	32	:	:	PUNCT
fbem-28281	1	33	a	a	DET
fbem-28281	1	34	case	case	NOUN
fbem-28281	1	35	study	study	NOUN
fbem-28281	1	36	of	of	ADP
fbem-28281	1	37	catl	catl	NOUN
fbem-28281	1	38	yicun	yicun	PROPN
fbem-28281	1	39	you	you	PRON
fbem-28281	1	40	*	*	PUNCT
fbem-28281	1	41	,	,	PUNCT
fbem-28281	1	42	shan	shan	PROPN
fbem-28281	1	43	xiong	xiong	PROPN
fbem-28281	1	44	,	,	PUNCT
fbem-28281	1	45	yi	yi	PROPN
fbem-28281	1	46	huang	huang	PROPN
fbem-28281	1	47	school	school	PROPN
fbem-28281	1	48	of	of	ADP
fbem-28281	1	49	management	management	NOUN
fbem-28281	1	50	,	,	PUNCT
fbem-28281	1	51	sichuan	sichuan	PROPN
fbem-28281	1	52	light	light	PROPN
fbem-28281	1	53	chemical	chemical	PROPN
fbem-28281	1	54	engineering	engineering	PROPN
fbem-28281	1	55	university	university	PROPN
fbem-28281	1	56	,	,	PUNCT
fbem-28281	1	57	yibin	yibin	PROPN
fbem-28281	1	58	,	,	PUNCT
fbem-28281	1	59	china	china	PROPN
fbem-28281	1	60	*	*	PUNCT
fbem-28281	1	61	corresponding	correspond	VERB
fbem-28281	1	62	author	author	NOUN
fbem-28281	1	63	:	:	PUNCT
fbem-28281	1	64	yicun	yicun	NOUN
fbem-28281	1	65	you	you	PRON
fbem-28281	1	66	(	(	PUNCT
fbem-28281	1	67	email	email	NOUN
fbem-28281	1	68	:	:	PUNCT
fbem-28281	1	69	2583038937@qq.com	2583038937@qq.com	NUM
fbem-28281	1	70	)	)	PUNCT
fbem-28281	1	71	abstract	abstract	NOUN
fbem-28281	1	72	:	:	PUNCT
fbem-28281	1	73	with	with	ADP
fbem-28281	1	74	the	the	DET
fbem-28281	1	75	research	research	NOUN
fbem-28281	1	76	,	,	PUNCT
fbem-28281	1	77	development	development	NOUN
fbem-28281	1	78	,	,	PUNCT
fbem-28281	1	79	and	and	CCONJ
fbem-28281	1	80	promotion	promotion	NOUN
fbem-28281	1	81	of	of	ADP
fbem-28281	1	82	green	green	ADJ
fbem-28281	1	83	and	and	CCONJ
fbem-28281	1	84	low	low	ADJ
fbem-28281	1	85	-	-	PUNCT
fbem-28281	1	86	carbon	carbon	NOUN
fbem-28281	1	87	technologies	technology	NOUN
fbem-28281	1	88	,	,	PUNCT
fbem-28281	1	89	renewable	renewable	ADJ
fbem-28281	1	90	energy	energy	NOUN
fbem-28281	1	91	has	have	AUX
fbem-28281	1	92	become	become	VERB
fbem-28281	1	93	the	the	DET
fbem-28281	1	94	pillar	pillar	NOUN
fbem-28281	1	95	of	of	ADP
fbem-28281	1	96	global	global	ADJ
fbem-28281	1	97	low	low	ADJ
fbem-28281	1	98	-	-	PUNCT
fbem-28281	1	99	carbon	carbon	NOUN
fbem-28281	1	100	economic	economic	ADJ
fbem-28281	1	101	growth	growth	NOUN
fbem-28281	1	102	.	.	PUNCT
fbem-28281	2	1	in	in	ADP
fbem-28281	2	2	the	the	DET
fbem-28281	2	3	context	context	NOUN
fbem-28281	2	4	of	of	ADP
fbem-28281	2	5	vigorously	vigorously	ADV
fbem-28281	2	6	developing	develop	VERB
fbem-28281	2	7	new	new	ADJ
fbem-28281	2	8	energy	energy	NOUN
fbem-28281	2	9	vehicles	vehicle	NOUN
fbem-28281	2	10	,	,	PUNCT
fbem-28281	2	11	the	the	DET
fbem-28281	2	12	shipments	shipment	NOUN
fbem-28281	2	13	of	of	ADP
fbem-28281	2	14	the	the	DET
fbem-28281	2	15	power	power	NOUN
fbem-28281	2	16	battery	battery	NOUN
fbem-28281	2	17	market	market	NOUN
fbem-28281	2	18	in	in	ADP
fbem-28281	2	19	china	china	PROPN
fbem-28281	2	20	and	and	CCONJ
fbem-28281	2	21	even	even	ADV
fbem-28281	2	22	globally	globally	ADV
fbem-28281	2	23	have	have	AUX
fbem-28281	2	24	maintained	maintain	VERB
fbem-28281	2	25	a	a	DET
fbem-28281	2	26	high	high	ADJ
fbem-28281	2	27	growth	growth	NOUN
fbem-28281	2	28	rate	rate	NOUN
fbem-28281	2	29	and	and	CCONJ
fbem-28281	2	30	achieved	achieve	VERB
fbem-28281	2	31	remarkable	remarkable	ADJ
fbem-28281	2	32	results	result	NOUN
fbem-28281	2	33	.	.	PUNCT
fbem-28281	3	1	in	in	ADP
fbem-28281	3	2	today	today	NOUN
fbem-28281	3	3	's	's	PART
fbem-28281	3	4	rapidly	rapidly	ADV
fbem-28281	3	5	developing	develop	VERB
fbem-28281	3	6	era	era	NOUN
fbem-28281	3	7	,	,	PUNCT
fbem-28281	3	8	accurately	accurately	ADV
fbem-28281	3	9	assessing	assess	VERB
fbem-28281	3	10	the	the	DET
fbem-28281	3	11	value	value	NOUN
fbem-28281	3	12	of	of	ADP
fbem-28281	3	13	new	new	ADJ
fbem-28281	3	14	energy	energy	NOUN
fbem-28281	3	15	enterprises	enterprise	NOUN
fbem-28281	3	16	becomes	become	VERB
fbem-28281	3	17	particularly	particularly	ADV
fbem-28281	3	18	cru	cru	NOUN
fbem-28281	3	19	cial	cial	NOUN
fbem-28281	3	20	.	.	PUNCT
fbem-28281	4	1	such	such	ADJ
fbem-28281	4	2	assessments	assessment	NOUN
fbem-28281	4	3	are	be	AUX
fbem-28281	4	4	not	not	PART
fbem-28281	4	5	only	only	ADV
fbem-28281	4	6	of	of	ADP
fbem-28281	4	7	great	great	ADJ
fbem-28281	4	8	significance	significance	NOUN
fbem-28281	4	9	to	to	ADP
fbem-28281	4	10	investors	investor	NOUN
fbem-28281	4	11	pursuing	pursue	VERB
fbem-28281	4	12	potential	potential	ADJ
fbem-28281	4	13	investment	investment	NOUN
fbem-28281	4	14	returns	return	NOUN
fbem-28281	4	15	but	but	CCONJ
fbem-28281	4	16	also	also	ADV
fbem-28281	4	17	play	play	VERB
fbem-28281	4	18	a	a	DET
fbem-28281	4	19	nonnegligible	nonnegligible	ADJ
fbem-28281	4	20	role	role	NOUN
fbem-28281	4	21	for	for	ADP
fbem-28281	4	22	managers	manager	NOUN
fbem-28281	4	23	who	who	PRON
fbem-28281	4	24	wish	wish	VERB
fbem-28281	4	25	to	to	PART
fbem-28281	4	26	enhance	enhance	VERB
fbem-28281	4	27	corporate	corporate	ADJ
fbem-28281	4	28	performance	performance	NOUN
fbem-28281	4	29	through	through	ADP
fbem-28281	4	30	management	management	NOUN
fbem-28281	4	31	.	.	PUNCT
fbem-28281	5	1	a	a	DET
fbem-28281	5	2	deep	deep	ADJ
fbem-28281	5	3	understanding	understanding	NOUN
fbem-28281	5	4	of	of	ADP
fbem-28281	5	5	the	the	DET
fbem-28281	5	6	value	value	NOUN
fbem-28281	5	7	of	of	ADP
fbem-28281	5	8	new	new	ADJ
fbem-28281	5	9	energy	energy	NOUN
fbem-28281	5	10	enterprises	enterprise	NOUN
fbem-28281	5	11	is	be	AUX
fbem-28281	5	12	of	of	ADP
fbem-28281	5	13	paramount	paramount	ADJ
fbem-28281	5	14	importance	importance	NOUN
fbem-28281	5	15	.	.	PUNCT
fbem-28281	6	1	therefore	therefore	ADV
fbem-28281	6	2	,	,	PUNCT
fbem-28281	6	3	this	this	DET
fbem-28281	6	4	paper	paper	NOUN
fbem-28281	6	5	analyzes	analyze	VERB
fbem-28281	6	6	the	the	DET
fbem-28281	6	7	enterprise	enterprise	NOUN
fbem-28281	6	8	value	value	NOUN
fbem-28281	6	9	of	of	ADP
fbem-28281	6	10	catl	catl	NOUN
fbem-28281	6	11	based	base	VERB
fbem-28281	6	12	on	on	ADP
fbem-28281	6	13	the	the	DET
fbem-28281	6	14	eva	eva	PROPN
fbem-28281	6	15	model	model	NOUN
fbem-28281	6	16	,	,	PUNCT
fbem-28281	6	17	hoping	hope	VERB
fbem-28281	6	18	to	to	PART
fbem-28281	6	19	provide	provide	VERB
fbem-28281	6	20	a	a	DET
fbem-28281	6	21	reference	reference	NOUN
fbem-28281	6	22	for	for	ADP
fbem-28281	6	23	related	related	ADJ
fbem-28281	6	24	fields	field	NOUN
fbem-28281	6	25	.	.	PUNCT
fbem-28281	7	1	keywords	keyword	NOUN
fbem-28281	7	2	:	:	PUNCT
fbem-28281	7	3	catl	catl	NOUN
fbem-28281	7	4	,	,	PUNCT
fbem-28281	7	5	enterprise	enterprise	NOUN
fbem-28281	7	6	value	value	NOUN
fbem-28281	7	7	assessment	assessment	NOUN
fbem-28281	7	8	,	,	PUNCT
fbem-28281	7	9	eva	eva	PROPN
fbem-28281	7	10	.	.	PROPN
fbem-28281	7	11	1	1	NUM
fbem-28281	7	12	.	.	PUNCT
fbem-28281	7	13	introduction	introduction	NOUN
fbem-28281	7	14	value	value	NOUN
fbem-28281	7	15	assessment	assessment	NOUN
fbem-28281	7	16	involves	involve	VERB
fbem-28281	7	17	various	various	ADJ
fbem-28281	7	18	aspects	aspect	NOUN
fbem-28281	7	19	of	of	ADP
fbem-28281	7	20	an	an	DET
fbem-28281	7	21	enterprise	enterprise	NOUN
fbem-28281	7	22	's	's	PART
fbem-28281	7	23	survival	survival	NOUN
fbem-28281	7	24	and	and	CCONJ
fbem-28281	7	25	development	development	NOUN
fbem-28281	7	26	,	,	PUNCT
fbem-28281	7	27	such	such	ADJ
fbem-28281	7	28	as	as	ADP
fbem-28281	7	29	the	the	DET
fbem-28281	7	30	divestiture	divestiture	NOUN
fbem-28281	7	31	of	of	ADP
fbem-28281	7	32	assets	asset	NOUN
fbem-28281	7	33	,	,	PUNCT
fbem-28281	7	34	mergers	merger	NOUN
fbem-28281	7	35	and	and	CCONJ
fbem-28281	7	36	acquisitions	acquisition	NOUN
fbem-28281	7	37	between	between	ADP
fbem-28281	7	38	enterprises	enterprise	NOUN
fbem-28281	7	39	,	,	PUNCT
fbem-28281	7	40	future	future	ADJ
fbem-28281	7	41	trends	trend	NOUN
fbem-28281	7	42	in	in	ADP
fbem-28281	7	43	stock	stock	NOUN
fbem-28281	7	44	prices	price	NOUN
fbem-28281	7	45	,	,	PUNCT
fbem-28281	7	46	and	and	CCONJ
fbem-28281	7	47	capital	capital	NOUN
fbem-28281	7	48	absorption	absorption	NOUN
fbem-28281	7	49	in	in	ADP
fbem-28281	7	50	the	the	DET
fbem-28281	7	51	capital	capital	NOUN
fbem-28281	7	52	market	market	NOUN
fbem-28281	7	53	.	.	PUNCT
fbem-28281	8	1	therefore	therefore	ADV
fbem-28281	8	2	,	,	PUNCT
fbem-28281	8	3	reliably	reliably	ADV
fbem-28281	8	4	reflecting	reflect	VERB
fbem-28281	8	5	an	an	DET
fbem-28281	8	6	enterprise	enterprise	NOUN
fbem-28281	8	7	's	's	PART
fbem-28281	8	8	value	value	NOUN
fbem-28281	8	9	is	be	AUX
fbem-28281	8	10	crucial	crucial	ADJ
fbem-28281	8	11	to	to	ADP
fbem-28281	8	12	its	its	PRON
fbem-28281	8	13	development	development	NOUN
fbem-28281	8	14	.	.	PUNCT
fbem-28281	9	1	in	in	ADP
fbem-28281	9	2	recent	recent	ADJ
fbem-28281	9	3	years	year	NOUN
fbem-28281	9	4	,	,	PUNCT
fbem-28281	9	5	along	along	ADP
fbem-28281	9	6	with	with	ADP
fbem-28281	9	7	the	the	DET
fbem-28281	9	8	rapid	rapid	ADJ
fbem-28281	9	9	development	development	NOUN
fbem-28281	9	10	of	of	ADP
fbem-28281	9	11	the	the	DET
fbem-28281	9	12	new	new	ADJ
fbem-28281	9	13	energy	energy	NOUN
fbem-28281	9	14	vehicle	vehicle	NOUN
fbem-28281	9	15	market	market	NOUN
fbem-28281	9	16	,	,	PUNCT
fbem-28281	9	17	not	not	PART
fbem-28281	9	18	only	only	ADV
fbem-28281	9	19	established	establish	VERB
fbem-28281	9	20	enterprises	enterprise	NOUN
fbem-28281	9	21	such	such	ADJ
fbem-28281	9	22	as	as	ADP
fbem-28281	9	23	byd	byd	PROPN
fbem-28281	9	24	,	,	PUNCT
fbem-28281	9	25	tesla	tesla	PROPN
fbem-28281	9	26	,	,	PUNCT
fbem-28281	9	27	and	and	CCONJ
fbem-28281	9	28	saic	saic	PROPN
fbem-28281	9	29	that	that	PRON
fbem-28281	9	30	have	have	AUX
fbem-28281	9	31	been	be	AUX
fbem-28281	9	32	deeply	deeply	ADV
fbem-28281	9	33	involved	involve	VERB
fbem-28281	9	34	in	in	ADP
fbem-28281	9	35	new	new	ADJ
fbem-28281	9	36	energy	energy	NOUN
fbem-28281	9	37	for	for	ADP
fbem-28281	9	38	many	many	ADJ
fbem-28281	9	39	years	year	NOUN
fbem-28281	9	40	have	have	AUX
fbem-28281	9	41	joined	join	VERB
fbem-28281	9	42	,	,	PUNCT
fbem-28281	9	43	but	but	CCONJ
fbem-28281	9	44	also	also	ADV
fbem-28281	9	45	a	a	DET
fbem-28281	9	46	batch	batch	NOUN
fbem-28281	9	47	of	of	ADP
fbem-28281	9	48	new	new	ADJ
fbem-28281	9	49	forces	force	NOUN
fbem-28281	9	50	led	lead	VERB
fbem-28281	9	51	by	by	ADP
fbem-28281	9	52	nio	nio	PROPN
fbem-28281	9	53	and	and	CCONJ
fbem-28281	9	54	xpeng	xpeng	PROPN
fbem-28281	9	55	have	have	AUX
fbem-28281	9	56	emerged	emerge	VERB
fbem-28281	9	57	.	.	PUNCT
fbem-28281	10	1	as	as	ADP
fbem-28281	10	2	the	the	DET
fbem-28281	10	3	main	main	ADJ
fbem-28281	10	4	supplier	supplier	NOUN
fbem-28281	10	5	of	of	ADP
fbem-28281	10	6	power	power	NOUN
fbem-28281	10	7	batteries	battery	NOUN
fbem-28281	10	8	at	at	ADP
fbem-28281	10	9	home	home	NOUN
fbem-28281	10	10	and	and	CCONJ
fbem-28281	10	11	abroad	abroad	ADV
fbem-28281	10	12	,	,	PUNCT
fbem-28281	10	13	catl	catl	PROPN
fbem-28281	10	14	has	have	AUX
fbem-28281	10	15	benefited	benefit	VERB
fbem-28281	10	16	from	from	ADP
fbem-28281	10	17	the	the	DET
fbem-28281	10	18	continuous	continuous	ADJ
fbem-28281	10	19	expansion	expansion	NOUN
fbem-28281	10	20	of	of	ADP
fbem-28281	10	21	the	the	DET
fbem-28281	10	22	new	new	ADJ
fbem-28281	10	23	energy	energy	NOUN
fbem-28281	10	24	market	market	NOUN
fbem-28281	10	25	.	.	PUNCT
fbem-28281	11	1	conducting	conduct	VERB
fbem-28281	11	2	a	a	DET
fbem-28281	11	3	relatively	relatively	ADV
fbem-28281	11	4	accurate	accurate	ADJ
fbem-28281	11	5	assessment	assessment	NOUN
fbem-28281	11	6	of	of	ADP
fbem-28281	11	7	catl	catl	NOUN
fbem-28281	11	8	's	's	PART
fbem-28281	11	9	enterprise	enterprise	NOUN
fbem-28281	11	10	value	value	NOUN
fbem-28281	11	11	is	be	AUX
fbem-28281	11	12	not	not	PART
fbem-28281	11	13	only	only	ADV
fbem-28281	11	14	conducive	conducive	ADJ
fbem-28281	11	15	to	to	ADP
fbem-28281	11	16	the	the	DET
fbem-28281	11	17	effective	effective	ADJ
fbem-28281	11	18	allocation	allocation	NOUN
fbem-28281	11	19	of	of	ADP
fbem-28281	11	20	social	social	ADJ
fbem-28281	11	21	resources	resource	NOUN
fbem-28281	11	22	but	but	CCONJ
fbem-28281	11	23	also	also	ADV
fbem-28281	11	24	has	have	VERB
fbem-28281	11	25	significant	significant	ADJ
fbem-28281	11	26	implications	implication	NOUN
fbem-28281	11	27	for	for	ADP
fbem-28281	11	28	improving	improve	VERB
fbem-28281	11	29	corporate	corporate	ADJ
fbem-28281	11	30	performance	performance	NOUN
fbem-28281	11	31	and	and	CCONJ
fbem-28281	11	32	value	value	NOUN
fbem-28281	11	33	management	management	NOUN
fbem-28281	11	34	-	-	PUNCT
fbem-28281	11	35	related	relate	VERB
fbem-28281	11	36	activities	activity	NOUN
fbem-28281	11	37	.	.	PUNCT
fbem-28281	12	1	2	2	X
fbem-28281	12	2	.	.	X
fbem-28281	12	3	overview	overview	NOUN
fbem-28281	12	4	of	of	ADP
fbem-28281	12	5	the	the	DET
fbem-28281	12	6	eva	eva	NOUN
fbem-28281	12	7	model	model	PROPN
fbem-28281	12	8	theoretical	theoretical	PROPN
fbem-28281	12	9	overview	overview	NOUN
fbem-28281	12	10	eva	eva	PROPN
fbem-28281	12	11	(	(	PUNCT
fbem-28281	12	12	economic	economic	ADJ
fbem-28281	12	13	value	value	NOUN
fbem-28281	12	14	added	add	VERB
fbem-28281	12	15	)	)	PUNCT
fbem-28281	12	16	is	be	AUX
fbem-28281	12	17	the	the	DET
fbem-28281	12	18	acronym	acronym	NOUN
fbem-28281	12	19	for	for	ADP
fbem-28281	12	20	economic	economic	ADJ
fbem-28281	12	21	value	value	NOUN
fbem-28281	12	22	added	add	VERB
fbem-28281	12	23	,	,	PUNCT
fbem-28281	12	24	referring	refer	VERB
fbem-28281	12	25	to	to	ADP
fbem-28281	12	26	the	the	DET
fbem-28281	12	27	income	income	NOUN
fbem-28281	12	28	obtained	obtain	VERB
fbem-28281	12	29	after	after	ADP
fbem-28281	12	30	deducting	deduct	VERB
fbem-28281	12	31	the	the	DET
fbem-28281	12	32	total	total	ADJ
fbem-28281	12	33	cost	cost	NOUN
fbem-28281	12	34	of	of	ADP
fbem-28281	12	35	invested	invest	VERB
fbem-28281	12	36	capital	capital	NOUN
fbem-28281	12	37	,	,	PUNCT
fbem-28281	12	38	including	include	VERB
fbem-28281	12	39	equity	equity	NOUN
fbem-28281	12	40	and	and	CCONJ
fbem-28281	12	41	debt	debt	NOUN
fbem-28281	12	42	,	,	PUNCT
fbem-28281	12	43	from	from	ADP
fbem-28281	12	44	the	the	DET
fbem-28281	12	45	net	net	ADJ
fbem-28281	12	46	operating	operating	NOUN
fbem-28281	12	47	profit	profit	NOUN
fbem-28281	12	48	after	after	ADP
fbem-28281	12	49	tax	tax	NOUN
fbem-28281	12	50	.	.	PUNCT
fbem-28281	13	1	the	the	DET
fbem-28281	13	2	eva	eva	PROPN
fbem-28281	13	3	is	be	AUX
fbem-28281	13	4	a	a	DET
fbem-28281	13	5	theory	theory	NOUN
fbem-28281	13	6	and	and	CCONJ
fbem-28281	13	7	operating	operating	NOUN
fbem-28281	13	8	system	system	NOUN
fbem-28281	13	9	for	for	ADP
fbem-28281	13	10	performance	performance	NOUN
fbem-28281	13	11	evaluation	evaluation	NOUN
fbem-28281	13	12	and	and	CCONJ
fbem-28281	13	13	management	management	NOUN
fbem-28281	13	14	established	establish	VERB
fbem-28281	13	15	by	by	ADP
fbem-28281	13	16	stern	stern	PROPN
fbem-28281	13	17	stewart	stewart	PROPN
fbem-28281	13	18	&	&	CCONJ
fbem-28281	13	19	co.	co.	PROPN
fbem-28281	13	20	in	in	ADP
fbem-28281	13	21	the	the	DET
fbem-28281	13	22	early	early	ADJ
fbem-28281	13	23	1980s	1980	NOUN
fbem-28281	13	24	,	,	PUNCT
fbem-28281	13	25	mainly	mainly	ADV
fbem-28281	13	26	used	use	VERB
fbem-28281	13	27	to	to	PART
fbem-28281	13	28	evaluate	evaluate	VERB
fbem-28281	13	29	the	the	DET
fbem-28281	13	30	performance	performance	NOUN
fbem-28281	13	31	of	of	ADP
fbem-28281	13	32	senior	senior	ADJ
fbem-28281	13	33	executives	executive	NOUN
fbem-28281	13	34	and	and	CCONJ
fbem-28281	13	35	corporate	corporate	ADJ
fbem-28281	13	36	employees	employee	NOUN
fbem-28281	13	37	and	and	CCONJ
fbem-28281	13	38	conduct	conduct	VERB
fbem-28281	13	39	decisionanalysis	decisionanalysis	NOUN
fbem-28281	13	40	on	on	ADP
fbem-28281	13	41	specific	specific	ADJ
fbem-28281	13	42	value	value	NOUN
fbem-28281	13	43	-	-	PUNCT
fbem-28281	13	44	added	add	VERB
fbem-28281	13	45	operations	operation	NOUN
fbem-28281	13	46	.	.	PUNCT
fbem-28281	14	1	using	use	VERB
fbem-28281	14	2	the	the	DET
fbem-28281	14	3	eva	eva	NOUN
fbem-28281	14	4	system	system	NOUN
fbem-28281	14	5	to	to	PART
fbem-28281	14	6	calculate	calculate	VERB
fbem-28281	14	7	the	the	DET
fbem-28281	14	8	business	business	NOUN
fbem-28281	14	9	situation	situation	NOUN
fbem-28281	14	10	of	of	ADP
fbem-28281	14	11	an	an	DET
fbem-28281	14	12	enterprise	enterprise	NOUN
fbem-28281	14	13	can	can	AUX
fbem-28281	14	14	well	well	ADV
fbem-28281	14	15	reflect	reflect	VERB
fbem-28281	14	16	the	the	DET
fbem-28281	14	17	annual	annual	ADJ
fbem-28281	14	18	operating	operate	VERB
fbem-28281	14	19	situation	situation	NOUN
fbem-28281	14	20	of	of	ADP
fbem-28281	14	21	stern	stern	PROPN
fbem-28281	14	22	stewart	stewart	PROPN
fbem-28281	14	23	&	&	CCONJ
fbem-28281	14	24	co.	co.	PROPN
fbem-28281	14	25	,	,	PUNCT
fbem-28281	14	26	thereby	thereby	ADV
fbem-28281	14	27	illustrating	illustrate	VERB
fbem-28281	14	28	whether	whether	SCONJ
fbem-28281	14	29	the	the	DET
fbem-28281	14	30	current	current	ADJ
fbem-28281	14	31	development	development	NOUN
fbem-28281	14	32	status	status	NOUN
fbem-28281	14	33	of	of	ADP
fbem-28281	14	34	stern	stern	PROPN
fbem-28281	14	35	stewart	stewart	PROPN
fbem-28281	14	36	&	&	CCONJ
fbem-28281	14	37	co.	co.	PROPN
fbem-28281	14	38	is	be	AUX
fbem-28281	14	39	good	good	ADJ
fbem-28281	14	40	or	or	CCONJ
fbem-28281	14	41	bad	bad	ADJ
fbem-28281	14	42	.	.	PUNCT
fbem-28281	15	1	the	the	DET
fbem-28281	15	2	eva	eva	NOUN
fbem-28281	15	3	system	system	NOUN
fbem-28281	15	4	has	have	AUX
fbem-28281	15	5	also	also	ADV
fbem-28281	15	6	provided	provide	VERB
fbem-28281	15	7	good	good	ADJ
fbem-28281	15	8	evaluation	evaluation	NOUN
fbem-28281	15	9	services	service	NOUN
fbem-28281	15	10	for	for	ADP
fbem-28281	15	11	companies	company	NOUN
fbem-28281	15	12	such	such	ADJ
fbem-28281	15	13	as	as	ADP
fbem-28281	15	14	coca	coca	PROPN
fbem-28281	15	15	-	-	PUNCT
fbem-28281	15	16	cola	cola	PROPN
fbem-28281	15	17	,	,	PUNCT
fbem-28281	15	18	siemens	siemen	NOUN
fbem-28281	15	19	,	,	PUNCT
fbem-28281	15	20	and	and	CCONJ
fbem-28281	15	21	telecom	telecom	PROPN
fbem-28281	15	22	new	new	PROPN
fbem-28281	15	23	zealand	zealand	PROPN
fbem-28281	15	24	.	.	PUNCT
fbem-28281	16	1	the	the	DET
fbem-28281	16	2	core	core	ADJ
fbem-28281	16	3	idea	idea	NOUN
fbem-28281	16	4	of	of	ADP
fbem-28281	16	5	eva	eva	PROPN
fbem-28281	16	6	is	be	AUX
fbem-28281	16	7	that	that	SCONJ
fbem-28281	16	8	its	its	PRON
fbem-28281	16	9	advantages	advantage	NOUN
fbem-28281	16	10	lie	lie	VERB
fbem-28281	16	11	in	in	ADP
fbem-28281	16	12	its	its	PRON
fbem-28281	16	13	simple	simple	ADJ
fbem-28281	16	14	concept	concept	NOUN
fbem-28281	16	15	,	,	PUNCT
fbem-28281	16	16	making	make	VERB
fbem-28281	16	17	it	it	PRON
fbem-28281	16	18	easy	easy	ADJ
fbem-28281	16	19	to	to	PART
fbem-28281	16	20	explain	explain	VERB
fbem-28281	16	21	to	to	ADP
fbem-28281	16	22	non	non	ADJ
fbem-28281	16	23	-	-	ADJ
fbem-28281	16	24	financial	financial	ADJ
fbem-28281	16	25	managers	manager	NOUN
fbem-28281	16	26	.	.	PUNCT
fbem-28281	17	1	therefore	therefore	ADV
fbem-28281	17	2	,	,	PUNCT
fbem-28281	17	3	using	use	VERB
fbem-28281	17	4	the	the	DET
fbem-28281	17	5	eva	eva	NOUN
fbem-28281	17	6	indicator	indicator	NOUN
fbem-28281	17	7	system	system	NOUN
fbem-28281	17	8	to	to	PART
fbem-28281	17	9	evaluate	evaluate	VERB
fbem-28281	17	10	the	the	DET
fbem-28281	17	11	value	value	NOUN
fbem-28281	17	12	of	of	ADP
fbem-28281	17	13	enterprises	enterprise	NOUN
fbem-28281	17	14	has	have	VERB
fbem-28281	17	15	important	important	ADJ
fbem-28281	17	16	practical	practical	ADJ
fbem-28281	17	17	significance	significance	NOUN
fbem-28281	17	18	.	.	PUNCT
fbem-28281	18	1	it	it	PRON
fbem-28281	18	2	can	can	AUX
fbem-28281	18	3	better	well	ADV
fbem-28281	18	4	reflect	reflect	VERB
fbem-28281	18	5	the	the	DET
fbem-28281	18	6	company	company	NOUN
fbem-28281	18	7	's	's	PART
fbem-28281	18	8	value	value	NOUN
fbem-28281	18	9	,	,	PUNCT
fbem-28281	18	10	overcome	overcome	VERB
fbem-28281	18	11	the	the	DET
fbem-28281	18	12	shortcomings	shortcoming	NOUN
fbem-28281	18	13	of	of	ADP
fbem-28281	18	14	previous	previous	ADJ
fbem-28281	18	15	financial	financial	ADJ
fbem-28281	18	16	reports	report	NOUN
fbem-28281	18	17	that	that	PRON
fbem-28281	18	18	did	do	AUX
fbem-28281	18	19	not	not	PART
fbem-28281	18	20	comprehensively	comprehensively	ADV
fbem-28281	18	21	consider	consider	VERB
fbem-28281	18	22	the	the	DET
fbem-28281	18	23	cost	cost	NOUN
fbem-28281	18	24	of	of	ADP
fbem-28281	18	25	capital	capital	NOUN
fbem-28281	18	26	,	,	PUNCT
fbem-28281	18	27	and	and	CCONJ
fbem-28281	18	28	enable	enable	VERB
fbem-28281	18	29	investors	investor	NOUN
fbem-28281	18	30	to	to	PART
fbem-28281	18	31	obtain	obtain	VERB
fbem-28281	18	32	more	more	ADJ
fbem-28281	18	33	investment	investment	NOUN
fbem-28281	18	34	returns	return	NOUN
fbem-28281	18	35	than	than	SCONJ
fbem-28281	18	36	they	they	PRON
fbem-28281	18	37	did	do	VERB
fbem-28281	18	38	.	.	PUNCT
fbem-28281	19	1	by	by	ADP
fbem-28281	19	2	using	use	VERB
fbem-28281	19	3	this	this	DET
fbem-28281	19	4	model	model	NOUN
fbem-28281	19	5	to	to	PART
fbem-28281	19	6	calculate	calculate	VERB
fbem-28281	19	7	catl	catl	PROPN
fbem-28281	19	8	's	's	PART
fbem-28281	19	9	operating	operate	VERB
fbem-28281	19	10	situation	situation	NOUN
fbem-28281	19	11	in	in	ADP
fbem-28281	19	12	recent	recent	ADJ
fbem-28281	19	13	years	year	NOUN
fbem-28281	19	14	,	,	PUNCT
fbem-28281	19	15	if	if	SCONJ
fbem-28281	19	16	the	the	DET
fbem-28281	19	17	eva	eva	NOUN
fbem-28281	19	18	is	be	AUX
fbem-28281	19	19	positive	positive	ADJ
fbem-28281	19	20	,	,	PUNCT
fbem-28281	19	21	it	it	PRON
fbem-28281	19	22	indicates	indicate	VERB
fbem-28281	19	23	that	that	SCONJ
fbem-28281	19	24	the	the	DET
fbem-28281	19	25	enterprise	enterprise	NOUN
fbem-28281	19	26	has	have	AUX
fbem-28281	19	27	created	create	VERB
fbem-28281	19	28	value	value	NOUN
fbem-28281	19	29	for	for	ADP
fbem-28281	19	30	shareholders	shareholder	NOUN
fbem-28281	19	31	and	and	CCONJ
fbem-28281	19	32	can	can	AUX
fbem-28281	19	33	identify	identify	VERB
fbem-28281	19	34	the	the	DET
fbem-28281	19	35	reasons	reason	NOUN
fbem-28281	19	36	for	for	ADP
fbem-28281	19	37	the	the	DET
fbem-28281	19	38	company	company	NOUN
fbem-28281	19	39	's	's	PART
fbem-28281	19	40	growth	growth	NOUN
fbem-28281	19	41	,	,	PUNCT
fbem-28281	19	42	providing	provide	VERB
fbem-28281	19	43	rationality	rationality	NOUN
fbem-28281	19	44	for	for	ADP
fbem-28281	19	45	the	the	DET
fbem-28281	19	46	enterprise	enterprise	NOUN
fbem-28281	19	47	's	's	PART
fbem-28281	19	48	growth	growth	NOUN
fbem-28281	19	49	.	.	PUNCT
fbem-28281	20	1	if	if	SCONJ
fbem-28281	20	2	the	the	DET
fbem-28281	20	3	eva	eva	NOUN
fbem-28281	20	4	is	be	AUX
fbem-28281	20	5	negative	negative	ADJ
fbem-28281	20	6	,	,	PUNCT
fbem-28281	20	7	it	it	PRON
fbem-28281	20	8	indicates	indicate	VERB
fbem-28281	20	9	that	that	SCONJ
fbem-28281	20	10	the	the	DET
fbem-28281	20	11	losses	loss	NOUN
fbem-28281	20	12	incurred	incur	VERB
fbem-28281	20	13	by	by	ADP
fbem-28281	20	14	the	the	DET
fbem-28281	20	15	company	company	NOUN
fbem-28281	20	16	to	to	ADP
fbem-28281	20	17	shareholders	shareholder	NOUN
fbem-28281	20	18	are	be	AUX
fbem-28281	20	19	huge	huge	ADJ
fbem-28281	20	20	.	.	PUNCT
fbem-28281	21	1	therefore	therefore	ADV
fbem-28281	21	2	,	,	PUNCT
fbem-28281	21	3	the	the	DET
fbem-28281	21	4	enterprise	enterprise	NOUN
fbem-28281	21	5	must	must	AUX
fbem-28281	21	6	identify	identify	VERB
fbem-28281	21	7	the	the	DET
fbem-28281	21	8	causes	cause	NOUN
fbem-28281	21	9	of	of	ADP
fbem-28281	21	10	the	the	DET
fbem-28281	21	11	company	company	NOUN
fbem-28281	21	12	's	's	PART
fbem-28281	21	13	decline	decline	NOUN
fbem-28281	21	14	.	.	PUNCT
fbem-28281	22	1	the	the	DET
fbem-28281	22	2	eva	eva	PROPN
fbem-28281	22	3	model	model	NOUN
fbem-28281	22	4	is	be	AUX
fbem-28281	22	5	expressed	express	VERB
fbem-28281	22	6	by	by	ADP
fbem-28281	22	7	the	the	DET
fbem-28281	22	8	following	follow	VERB
fbem-28281	22	9	formula	formula	NOUN
fbem-28281	22	10	:	:	PUNCT
fbem-28281	22	11	eva	eva	PROPN
fbem-28281	22	12	=	=	PUNCT
fbem-28281	22	13	nopat	nopat	PROPN
fbem-28281	22	14	tc	tc	PROPN
fbem-28281	22	15	×	×	PROPN
fbem-28281	22	16	wacc	wacc	PROPN
fbem-28281	22	17	where	where	SCONJ
fbem-28281	22	18	nopat	nopat	PROPN
fbem-28281	22	19	refers	refer	VERB
fbem-28281	22	20	to	to	ADP
fbem-28281	22	21	the	the	DET
fbem-28281	22	22	net	net	ADJ
fbem-28281	22	23	operating	operating	NOUN
fbem-28281	22	24	profit	profit	NOUN
fbem-28281	22	25	after	after	ADP
fbem-28281	22	26	tax	tax	NOUN
fbem-28281	22	27	;	;	PUNCT
fbem-28281	22	28	tc	tc	NUM
fbem-28281	22	29	refers	refer	VERB
fbem-28281	22	30	to	to	ADP
fbem-28281	22	31	the	the	DET
fbem-28281	22	32	total	total	ADJ
fbem-28281	22	33	capital	capital	NOUN
fbem-28281	22	34	after	after	ADP
fbem-28281	22	35	corresponding	correspond	VERB
fbem-28281	22	36	accounting	accounting	NOUN
fbem-28281	22	37	adjustments	adjustment	NOUN
fbem-28281	22	38	;	;	PUNCT
fbem-28281	22	39	wacc	wacc	PROPN
fbem-28281	22	40	refers	refer	VERB
fbem-28281	22	41	to	to	ADP
fbem-28281	22	42	the	the	DET
fbem-28281	22	43	weighted	weight	VERB
fbem-28281	22	44	average	average	ADJ
fbem-28281	22	45	cost	cost	NOUN
fbem-28281	22	46	of	of	ADP
fbem-28281	22	47	capital	capital	NOUN
fbem-28281	22	48	.	.	PUNCT
fbem-28281	23	1	nopat	nopat	NOUN
fbem-28281	23	2	=	=	SYM
fbem-28281	23	3	net	net	ADJ
fbem-28281	23	4	profit	profit	NOUN
fbem-28281	23	5	+	+	CCONJ
fbem-28281	23	6	(	(	PUNCT
fbem-28281	23	7	interest	interest	NOUN
fbem-28281	23	8	expenses	expense	NOUN
fbem-28281	23	9	+	+	CCONJ
fbem-28281	23	10	r&d	r&d	NOUN
fbem-28281	23	11	expenses	expense	NOUN
fbem-28281	23	12	)	)	PUNCT
fbem-28281	23	13	×	×	NOUN
fbem-28281	23	14	(	(	PUNCT
fbem-28281	23	15	1	1	NUM
fbem-28281	23	16	25	25	NUM
fbem-28281	23	17	%	%	NOUN
fbem-28281	23	18	)	)	PUNCT
fbem-28281	23	19	adjusted	adjust	VERB
fbem-28281	23	20	tc	tc	NOUN
fbem-28281	23	21	=	=	SYM
fbem-28281	23	22	average	average	ADJ
fbem-28281	23	23	owners	owner	NOUN
fbem-28281	23	24	'	'	PART
fbem-28281	23	25	equity	equity	NOUN
fbem-28281	23	26	+	+	CCONJ
fbem-28281	23	27	average	average	ADJ
fbem-28281	23	28	interestbearing	interestbearing	ADJ
fbem-28281	23	29	liabilities	liability	NOUN
fbem-28281	23	30	average	average	ADJ
fbem-28281	23	31	creditors	creditor	NOUN
fbem-28281	23	32	'	'	PART
fbem-28281	23	33	rights	right	NOUN
fbem-28281	23	34	for	for	ADP
fbem-28281	23	35	construction	construction	NOUN
fbem-28281	23	36	in	in	ADP
fbem-28281	23	37	progress	progress	NOUN
fbem-28281	23	38	average	average	ADJ
fbem-28281	23	39	cost	cost	NOUN
fbem-28281	23	40	of	of	ADP
fbem-28281	23	41	debt	debt	NOUN
fbem-28281	23	42	capital	capital	NOUN
fbem-28281	23	43	=	=	NOUN
fbem-28281	23	44	interest	interest	NOUN
fbem-28281	23	45	expenses	expense	NOUN
fbem-28281	23	46	/	/	SYM
fbem-28281	23	47	average	average	ADJ
fbem-28281	23	48	interest	interest	NOUN
fbem-28281	23	49	-	-	PUNCT
fbem-28281	23	50	bearing	bear	VERB
fbem-28281	23	51	liabilities	liability	NOUN
fbem-28281	23	52	wacc	wacc	NOUN
fbem-28281	23	53	=	=	PUNCT
fbem-28281	23	54	(	(	PUNCT
fbem-28281	23	55	e	e	NOUN
fbem-28281	23	56	/	/	SYM
fbem-28281	23	57	v	v	NOUN
fbem-28281	23	58	)	)	PUNCT
fbem-28281	23	59	×	×	NOUN
fbem-28281	23	60	re	re	ADP
fbem-28281	24	1	+	+	CCONJ
fbem-28281	24	2	(	(	PUNCT
fbem-28281	24	3	d	d	X
fbem-28281	24	4	/	/	SYM
fbem-28281	24	5	v	v	NOUN
fbem-28281	24	6	)	)	PUNCT
fbem-28281	24	7	×	×	PROPN
fbem-28281	24	8	rd	rd	PROPN
fbem-28281	24	9	×	×	NOUN
fbem-28281	24	10	(	(	PUNCT
fbem-28281	24	11	1	1	NUM
fbem-28281	24	12	tc	tc	NOUN
fbem-28281	24	13	)	)	PUNCT
fbem-28281	24	14	where	where	SCONJ
fbem-28281	24	15	re	re	NOUN
fbem-28281	24	16	represents	represent	VERB
fbem-28281	24	17	the	the	DET
fbem-28281	24	18	cost	cost	NOUN
fbem-28281	24	19	of	of	ADP
fbem-28281	24	20	equity	equity	NOUN
fbem-28281	24	21	capital	capital	NOUN
fbem-28281	24	22	;	;	PUNCT
fbem-28281	24	23	rd	rd	NOUN
fbem-28281	24	24	represents	represent	VERB
fbem-28281	24	25	the	the	DET
fbem-28281	24	26	after	after	ADP
fbem-28281	24	27	-	-	PUNCT
fbem-28281	24	28	tax	tax	NOUN
fbem-28281	24	29	cost	cost	NOUN
fbem-28281	24	30	of	of	ADP
fbem-28281	24	31	debt	debt	NOUN
fbem-28281	24	32	capital	capital	NOUN
fbem-28281	24	33	;	;	PUNCT
fbem-28281	24	34	e	e	X
fbem-28281	24	35	represents	represent	VERB
fbem-28281	24	36	equity	equity	NOUN
fbem-28281	24	37	capital	capital	NOUN
fbem-28281	24	38	;	;	PUNCT
fbem-28281	24	39	d	d	PRON
fbem-28281	24	40	represents	represent	VERB
fbem-28281	24	41	corporate	corporate	ADJ
fbem-28281	24	42	debt	debt	NOUN
fbem-28281	24	43	capital	capital	NOUN
fbem-28281	24	44	;	;	PUNCT
fbem-28281	24	45	v	v	X
fbem-28281	24	46	=	=	SYM
fbem-28281	24	47	e	e	PROPN
fbem-28281	25	1	+	+	CCONJ
fbem-28281	25	2	d	d	NOUN
fbem-28281	25	3	is	be	AUX
fbem-28281	25	4	the	the	DET
fbem-28281	25	5	total	total	ADJ
fbem-28281	25	6	market	market	NOUN
fbem-28281	25	7	value	value	NOUN
fbem-28281	25	8	of	of	ADP
fbem-28281	25	9	the	the	DET
fbem-28281	25	10	enterprise	enterprise	NOUN
fbem-28281	25	11	;	;	PUNCT
fbem-28281	25	12	tc	tc	NUM
fbem-28281	25	13	is	be	AUX
fbem-28281	25	14	the	the	DET
fbem-28281	25	15	corporate	corporate	ADJ
fbem-28281	25	16	average	average	ADJ
fbem-28281	25	17	tax	tax	NOUN
fbem-28281	25	18	rate	rate	NOUN
fbem-28281	25	19	.	.	PUNCT
fbem-28281	26	1	by	by	ADP
fbem-28281	26	2	deeply	deeply	ADV
fbem-28281	26	3	analyzing	analyze	VERB
fbem-28281	26	4	catl	catl	NOUN
fbem-28281	26	5	's	's	PART
fbem-28281	26	6	financial	financial	ADJ
fbem-28281	26	7	reports	report	NOUN
fbem-28281	26	8	in	in	ADP
fbem-28281	26	9	the	the	DET
fbem-28281	26	10	last	last	ADJ
fbem-28281	26	11	five	five	NUM
fbem-28281	26	12	years	year	NOUN
fbem-28281	26	13	,	,	PUNCT
fbem-28281	26	14	we	we	PRON
fbem-28281	26	15	use	use	VERB
fbem-28281	26	16	eva	eva	NOUN
fbem-28281	26	17	to	to	PART
fbem-28281	26	18	conduct	conduct	VERB
fbem-28281	26	19	a	a	DET
fbem-28281	26	20	detailed	detailed	ADJ
fbem-28281	26	21	interpretation	interpretation	NOUN
fbem-28281	26	22	of	of	ADP
fbem-28281	26	23	the	the	DET
fbem-28281	26	24	company	company	NOUN
fbem-28281	26	25	's	's	PART
fbem-28281	26	26	various	various	ADJ
fbem-28281	26	27	financial	financial	ADJ
fbem-28281	26	28	indicators	indicator	NOUN
fbem-28281	26	29	.	.	PUNCT
fbem-28281	27	1	this	this	PRON
fbem-28281	27	2	reflects	reflect	VERB
fbem-28281	27	3	the	the	DET
fbem-28281	27	4	271	271	NUM
fbem-28281	27	5	company	company	NOUN
fbem-28281	27	6	's	's	PART
fbem-28281	27	7	investment	investment	NOUN
fbem-28281	27	8	in	in	ADP
fbem-28281	27	9	technological	technological	ADJ
fbem-28281	27	10	innovation	innovation	NOUN
fbem-28281	27	11	and	and	CCONJ
fbem-28281	27	12	product	product	NOUN
fbem-28281	27	13	development	development	NOUN
fbem-28281	27	14	;	;	PUNCT
fbem-28281	27	15	followed	follow	VERB
fbem-28281	27	16	by	by	ADP
fbem-28281	27	17	weighted	weight	VERB
fbem-28281	27	18	average	average	ADJ
fbem-28281	27	19	capital	capital	NOUN
fbem-28281	27	20	,	,	PUNCT
fbem-28281	27	21	which	which	PRON
fbem-28281	27	22	measures	measure	VERB
fbem-28281	27	23	capital	capital	NOUN
fbem-28281	27	24	efficiency	efficiency	NOUN
fbem-28281	27	25	,	,	PUNCT
fbem-28281	27	26	i.e.	i.e.	X
fbem-28281	27	27	,	,	PUNCT
fbem-28281	27	28	the	the	DET
fbem-28281	27	29	average	average	ADJ
fbem-28281	27	30	return	return	NOUN
fbem-28281	27	31	generated	generate	VERB
fbem-28281	27	32	per	per	ADP
fbem-28281	27	33	yuan	yuan	NOUN
fbem-28281	27	34	of	of	ADP
fbem-28281	27	35	investment	investment	NOUN
fbem-28281	27	36	by	by	ADP
fbem-28281	27	37	shareholders	shareholder	NOUN
fbem-28281	27	38	;	;	PUNCT
fbem-28281	27	39	third	third	ADV
fbem-28281	27	40	is	be	AUX
fbem-28281	27	41	invested	invest	VERB
fbem-28281	27	42	capital	capital	NOUN
fbem-28281	27	43	,	,	PUNCT
fbem-28281	27	44	which	which	PRON
fbem-28281	27	45	focuses	focus	VERB
fbem-28281	27	46	on	on	ADP
fbem-28281	27	47	the	the	DET
fbem-28281	27	48	amount	amount	NOUN
fbem-28281	27	49	of	of	ADP
fbem-28281	27	50	funds	fund	NOUN
fbem-28281	27	51	actually	actually	ADV
fbem-28281	27	52	used	use	VERB
fbem-28281	27	53	by	by	ADP
fbem-28281	27	54	the	the	DET
fbem-28281	27	55	company	company	NOUN
fbem-28281	27	56	for	for	ADP
fbem-28281	27	57	production	production	NOUN
fbem-28281	27	58	and	and	CCONJ
fbem-28281	27	59	operating	operating	NOUN
fbem-28281	27	60	activities	activity	NOUN
fbem-28281	27	61	;	;	PUNCT
fbem-28281	27	62	fourth	fourth	ADV
fbem-28281	27	63	is	be	AUX
fbem-28281	27	64	debt	debt	NOUN
fbem-28281	27	65	capital	capital	NOUN
fbem-28281	27	66	,	,	PUNCT
fbem-28281	27	67	which	which	PRON
fbem-28281	27	68	involves	involve	VERB
fbem-28281	27	69	the	the	DET
fbem-28281	27	70	company	company	NOUN
fbem-28281	27	71	's	's	PART
fbem-28281	27	72	debt	debt	NOUN
fbem-28281	27	73	level	level	NOUN
fbem-28281	27	74	and	and	CCONJ
fbem-28281	27	75	solvency	solvency	NOUN
fbem-28281	27	76	;	;	PUNCT
fbem-28281	27	77	and	and	CCONJ
fbem-28281	27	78	finally	finally	ADV
fbem-28281	27	79	,	,	PUNCT
fbem-28281	27	80	net	net	ADJ
fbem-28281	27	81	operating	operating	NOUN
fbem-28281	27	82	profit	profit	NOUN
fbem-28281	27	83	after	after	ADP
fbem-28281	27	84	tax	tax	NOUN
fbem-28281	27	85	,	,	PUNCT
fbem-28281	27	86	which	which	PRON
fbem-28281	27	87	reflects	reflect	VERB
fbem-28281	27	88	the	the	DET
fbem-28281	27	89	ultimate	ultimate	ADJ
fbem-28281	27	90	manifestation	manifestation	NOUN
fbem-28281	27	91	of	of	ADP
fbem-28281	27	92	the	the	DET
fbem-28281	27	93	company	company	NOUN
fbem-28281	27	94	's	's	PART
fbem-28281	27	95	operating	operating	NOUN
fbem-28281	27	96	results	result	NOUN
fbem-28281	27	97	.	.	PUNCT
fbem-28281	28	1	based	base	VERB
fbem-28281	28	2	on	on	ADP
fbem-28281	28	3	the	the	DET
fbem-28281	28	4	above	above	ADJ
fbem-28281	28	5	financial	financial	ADJ
fbem-28281	28	6	data	datum	NOUN
fbem-28281	28	7	,	,	PUNCT
fbem-28281	28	8	we	we	PRON
fbem-28281	28	9	can	can	AUX
fbem-28281	28	10	gain	gain	VERB
fbem-28281	28	11	a	a	DET
fbem-28281	28	12	relatively	relatively	ADV
fbem-28281	28	13	complete	complete	ADJ
fbem-28281	28	14	understanding	understanding	NOUN
fbem-28281	28	15	of	of	ADP
fbem-28281	28	16	catl	catl	NOUN
fbem-28281	28	17	's	's	PART
fbem-28281	28	18	development	development	NOUN
fbem-28281	28	19	history	history	NOUN
fbem-28281	28	20	.	.	PUNCT
fbem-28281	29	1	at	at	ADP
fbem-28281	29	2	the	the	DET
fbem-28281	29	3	same	same	ADJ
fbem-28281	29	4	time	time	NOUN
fbem-28281	29	5	,	,	PUNCT
fbem-28281	29	6	combined	combine	VERB
fbem-28281	29	7	with	with	ADP
fbem-28281	29	8	the	the	DET
fbem-28281	29	9	overall	overall	ADJ
fbem-28281	29	10	trend	trend	NOUN
fbem-28281	29	11	of	of	ADP
fbem-28281	29	12	the	the	DET
fbem-28281	29	13	current	current	ADJ
fbem-28281	29	14	industry	industry	NOUN
fbem-28281	29	15	development	development	NOUN
fbem-28281	29	16	,	,	PUNCT
fbem-28281	29	17	we	we	PRON
fbem-28281	29	18	can	can	AUX
fbem-28281	29	19	also	also	ADV
fbem-28281	29	20	grasp	grasp	VERB
fbem-28281	29	21	how	how	SCONJ
fbem-28281	29	22	industry	industry	NOUN
fbem-28281	29	23	trends	trend	NOUN
fbem-28281	29	24	affect	affect	VERB
fbem-28281	29	25	catl	catl	PROPN
fbem-28281	29	26	's	's	PART
fbem-28281	29	27	development	development	NOUN
fbem-28281	29	28	.	.	PUNCT
fbem-28281	30	1	conducting	conduct	VERB
fbem-28281	30	2	in	in	ADP
fbem-28281	30	3	-	-	PUNCT
fbem-28281	30	4	depth	depth	NOUN
fbem-28281	30	5	financial	financial	ADJ
fbem-28281	30	6	analysis	analysis	NOUN
fbem-28281	30	7	from	from	ADP
fbem-28281	30	8	multiple	multiple	ADJ
fbem-28281	30	9	angles	angle	NOUN
fbem-28281	30	10	can	can	AUX
fbem-28281	30	11	make	make	VERB
fbem-28281	30	12	a	a	DET
fbem-28281	30	13	relatively	relatively	ADV
fbem-28281	30	14	objective	objective	ADJ
fbem-28281	30	15	evaluation	evaluation	NOUN
fbem-28281	30	16	of	of	ADP
fbem-28281	30	17	catl	catl	NOUN
fbem-28281	30	18	's	's	PART
fbem-28281	30	19	competitiveness	competitiveness	NOUN
fbem-28281	30	20	in	in	ADP
fbem-28281	30	21	the	the	DET
fbem-28281	30	22	market	market	NOUN
fbem-28281	30	23	and	and	CCONJ
fbem-28281	30	24	its	its	PRON
fbem-28281	30	25	development	development	NOUN
fbem-28281	30	26	prospects	prospect	NOUN
fbem-28281	30	27	.	.	PUNCT
fbem-28281	31	1	calculation	calculation	NOUN
fbem-28281	31	2	formula	formula	VERB
fbem-28281	31	3	the	the	DET
fbem-28281	31	4	basic	basic	ADJ
fbem-28281	31	5	calculation	calculation	NOUN
fbem-28281	31	6	formula	formula	NOUN
fbem-28281	31	7	for	for	ADP
fbem-28281	31	8	eva	eva	NOUN
fbem-28281	31	9	is	be	AUX
fbem-28281	31	10	:	:	PUNCT
fbem-28281	31	11	eva	eva	PROPN
fbem-28281	31	12	=	=	PUNCT
fbem-28281	31	13	nopat	nopat	PROPN
fbem-28281	31	14	tc	tc	PROPN
fbem-28281	31	15	×	×	PROPN
fbem-28281	31	16	wacc	wacc	PROPN
fbem-28281	31	17	.	.	PUNCT
fbem-28281	32	1	during	during	ADP
fbem-28281	32	2	the	the	DET
fbem-28281	32	3	execution	execution	NOUN
fbem-28281	32	4	of	of	ADP
fbem-28281	32	5	eva	eva	NOUN
fbem-28281	32	6	calculations	calculation	NOUN
fbem-28281	32	7	,	,	PUNCT
fbem-28281	32	8	a	a	DET
fbem-28281	32	9	series	series	NOUN
fbem-28281	32	10	of	of	ADP
fbem-28281	32	11	key	key	ADJ
fbem-28281	32	12	financial	financial	ADJ
fbem-28281	32	13	indicators	indicator	NOUN
fbem-28281	32	14	must	must	AUX
fbem-28281	32	15	be	be	AUX
fbem-28281	32	16	carefully	carefully	ADV
fbem-28281	32	17	reviewed	review	VERB
fbem-28281	32	18	and	and	CCONJ
fbem-28281	32	19	adjusted	adjust	VERB
fbem-28281	32	20	.	.	PUNCT
fbem-28281	33	1	this	this	PRON
fbem-28281	33	2	includes	include	VERB
fbem-28281	33	3	items	item	NOUN
fbem-28281	33	4	such	such	ADJ
fbem-28281	33	5	as	as	ADP
fbem-28281	33	6	capitalized	capitalize	VERB
fbem-28281	33	7	r&d	r&d	NOUN
fbem-28281	33	8	expenses	expense	NOUN
fbem-28281	33	9	,	,	PUNCT
fbem-28281	33	10	interest	interest	NOUN
fbem-28281	33	11	expenses	expense	NOUN
fbem-28281	33	12	,	,	PUNCT
fbem-28281	33	13	deferred	deferred	ADJ
fbem-28281	33	14	income	income	NOUN
fbem-28281	33	15	tax	tax	NOUN
fbem-28281	33	16	assets	asset	NOUN
fbem-28281	33	17	or	or	CCONJ
fbem-28281	33	18	liabilities	liability	NOUN
fbem-28281	33	19	,	,	PUNCT
fbem-28281	33	20	various	various	ADJ
fbem-28281	33	21	impairment	impairment	ADJ
fbem-28281	33	22	reserves	reserve	NOUN
fbem-28281	33	23	,	,	PUNCT
fbem-28281	33	24	and	and	CCONJ
fbem-28281	33	25	non	non	ADJ
fbem-28281	33	26	-	-	ADJ
fbem-28281	33	27	operating	operating	ADJ
fbem-28281	33	28	income	income	NOUN
fbem-28281	33	29	and	and	CCONJ
fbem-28281	33	30	expenses	expense	NOUN
fbem-28281	33	31	.	.	PUNCT
fbem-28281	34	1	these	these	DET
fbem-28281	34	2	detailed	detailed	ADJ
fbem-28281	34	3	adjustments	adjustment	NOUN
fbem-28281	34	4	can	can	AUX
fbem-28281	34	5	ensure	ensure	VERB
fbem-28281	34	6	that	that	SCONJ
fbem-28281	34	7	the	the	DET
fbem-28281	34	8	business	business	NOUN
fbem-28281	34	9	outcomes	outcome	NOUN
fbem-28281	34	10	reflect	reflect	VERB
fbem-28281	34	11	the	the	DET
fbem-28281	34	12	true	true	ADJ
fbem-28281	34	13	value	value	NOUN
fbem-28281	34	14	of	of	ADP
fbem-28281	34	15	the	the	DET
fbem-28281	34	16	enterprise	enterprise	NOUN
fbem-28281	34	17	,	,	PUNCT
fbem-28281	34	18	thereby	thereby	ADV
fbem-28281	34	19	providing	provide	VERB
fbem-28281	34	20	management	management	NOUN
fbem-28281	34	21	with	with	ADP
fbem-28281	34	22	an	an	DET
fbem-28281	34	23	accurate	accurate	ADJ
fbem-28281	34	24	basis	basis	NOUN
fbem-28281	34	25	for	for	ADP
fbem-28281	34	26	performance	performance	NOUN
fbem-28281	34	27	evaluation	evaluation	NOUN
fbem-28281	34	28	.	.	PUNCT
fbem-28281	35	1	(	(	PUNCT
fbem-28281	35	2	1	1	X
fbem-28281	35	3	)	)	PUNCT
fbem-28281	35	4	the	the	DET
fbem-28281	35	5	capitalized	capitalize	VERB
fbem-28281	35	6	r&d	r&d	NOUN
fbem-28281	35	7	expenses	expense	NOUN
fbem-28281	35	8	should	should	AUX
fbem-28281	35	9	be	be	AUX
fbem-28281	35	10	capitalized	capitalize	VERB
fbem-28281	35	11	as	as	ADP
fbem-28281	35	12	part	part	NOUN
fbem-28281	35	13	of	of	ADP
fbem-28281	35	14	the	the	DET
fbem-28281	35	15	enterprise	enterprise	NOUN
fbem-28281	35	16	's	's	PART
fbem-28281	35	17	total	total	ADJ
fbem-28281	35	18	capital	capital	NOUN
fbem-28281	35	19	and	and	CCONJ
fbem-28281	35	20	adjusted	adjust	VERB
fbem-28281	35	21	when	when	SCONJ
fbem-28281	35	22	calculating	calculate	VERB
fbem-28281	35	23	the	the	DET
fbem-28281	35	24	net	net	ADJ
fbem-28281	35	25	operating	operating	NOUN
fbem-28281	35	26	profit	profit	NOUN
fbem-28281	35	27	after	after	ADP
fbem-28281	35	28	tax	tax	NOUN
fbem-28281	35	29	and	and	CCONJ
fbem-28281	35	30	total	total	ADJ
fbem-28281	35	31	capital	capital	NOUN
fbem-28281	35	32	.	.	PUNCT
fbem-28281	36	1	(	(	PUNCT
fbem-28281	36	2	2	2	X
fbem-28281	36	3	)	)	PUNCT
fbem-28281	36	4	since	since	SCONJ
fbem-28281	36	5	the	the	DET
fbem-28281	36	6	calculation	calculation	NOUN
fbem-28281	36	7	of	of	ADP
fbem-28281	36	8	the	the	DET
fbem-28281	36	9	enterprise	enterprise	NOUN
fbem-28281	36	10	's	's	PART
fbem-28281	36	11	weighted	weight	VERB
fbem-28281	36	12	average	average	ADJ
fbem-28281	36	13	cost	cost	NOUN
fbem-28281	36	14	of	of	ADP
fbem-28281	36	15	capital	capital	NOUN
fbem-28281	36	16	includes	include	VERB
fbem-28281	36	17	the	the	DET
fbem-28281	36	18	cost	cost	NOUN
fbem-28281	36	19	of	of	ADP
fbem-28281	36	20	debt	debt	NOUN
fbem-28281	36	21	,	,	PUNCT
fbem-28281	36	22	to	to	PART
fbem-28281	36	23	avoid	avoid	VERB
fbem-28281	36	24	duplicate	duplicate	ADJ
fbem-28281	36	25	calculations	calculation	NOUN
fbem-28281	36	26	,	,	PUNCT
fbem-28281	36	27	interest	interest	NOUN
fbem-28281	36	28	expenses	expense	NOUN
fbem-28281	36	29	should	should	AUX
fbem-28281	36	30	be	be	AUX
fbem-28281	36	31	adjusted	adjust	VERB
fbem-28281	36	32	when	when	SCONJ
fbem-28281	36	33	calculating	calculate	VERB
fbem-28281	36	34	the	the	DET
fbem-28281	36	35	net	net	ADJ
fbem-28281	36	36	operating	operating	NOUN
fbem-28281	36	37	profit	profit	NOUN
fbem-28281	36	38	after	after	ADP
fbem-28281	36	39	tax	tax	NOUN
fbem-28281	36	40	.	.	PUNCT
fbem-28281	37	1	(	(	PUNCT
fbem-28281	37	2	3	3	X
fbem-28281	37	3	)	)	PUNCT
fbem-28281	37	4	deferred	deferred	ADJ
fbem-28281	37	5	income	income	NOUN
fbem-28281	37	6	taxes	taxis	NOUN
fbem-28281	37	7	arise	arise	VERB
fbem-28281	37	8	mainly	mainly	ADV
fbem-28281	37	9	from	from	ADP
fbem-28281	37	10	differences	difference	NOUN
fbem-28281	37	11	in	in	ADP
fbem-28281	37	12	accounting	accounting	NOUN
fbem-28281	37	13	and	and	CCONJ
fbem-28281	37	14	tax	tax	NOUN
fbem-28281	37	15	accounting	accounting	NOUN
fbem-28281	37	16	.	.	PUNCT
fbem-28281	38	1	using	use	VERB
fbem-28281	38	2	eva	eva	NOUN
fbem-28281	38	3	for	for	ADP
fbem-28281	38	4	accounting	accounting	NOUN
fbem-28281	38	5	will	will	AUX
fbem-28281	38	6	not	not	PART
fbem-28281	38	7	have	have	VERB
fbem-28281	38	8	any	any	DET
fbem-28281	38	9	impact	impact	NOUN
fbem-28281	38	10	on	on	ADP
fbem-28281	38	11	the	the	DET
fbem-28281	38	12	enterprise	enterprise	NOUN
fbem-28281	38	13	's	's	PART
fbem-28281	38	14	real	real	ADJ
fbem-28281	38	15	assets	asset	NOUN
fbem-28281	38	16	,	,	PUNCT
fbem-28281	38	17	so	so	SCONJ
fbem-28281	38	18	adjustments	adjustment	NOUN
fbem-28281	38	19	are	be	AUX
fbem-28281	38	20	needed	need	VERB
fbem-28281	38	21	.	.	PUNCT
fbem-28281	39	1	(	(	PUNCT
fbem-28281	39	2	4	4	X
fbem-28281	39	3	)	)	PUNCT
fbem-28281	39	4	the	the	DET
fbem-28281	39	5	various	various	ADJ
fbem-28281	39	6	loss	loss	NOUN
fbem-28281	39	7	reserves	reserve	NOUN
fbem-28281	39	8	accrued	accrue	VERB
fbem-28281	39	9	by	by	ADP
fbem-28281	39	10	enterprises	enterprise	NOUN
fbem-28281	39	11	are	be	AUX
fbem-28281	39	12	merely	merely	ADV
fbem-28281	39	13	subjective	subjective	ADJ
fbem-28281	39	14	judgments	judgment	NOUN
fbem-28281	39	15	made	make	VERB
fbem-28281	39	16	by	by	ADP
fbem-28281	39	17	operators	operator	NOUN
fbem-28281	39	18	or	or	CCONJ
fbem-28281	39	19	accountants	accountant	NOUN
fbem-28281	39	20	,	,	PUNCT
fbem-28281	39	21	which	which	PRON
fbem-28281	39	22	have	have	VERB
fbem-28281	39	23	the	the	DET
fbem-28281	39	24	potential	potential	NOUN
fbem-28281	39	25	to	to	PART
fbem-28281	39	26	manipulate	manipulate	VERB
fbem-28281	39	27	profits	profit	NOUN
fbem-28281	39	28	and	and	CCONJ
fbem-28281	39	29	should	should	AUX
fbem-28281	39	30	be	be	AUX
fbem-28281	39	31	corrected	correct	VERB
fbem-28281	39	32	.	.	PUNCT
fbem-28281	40	1	(	(	PUNCT
fbem-28281	40	2	5	5	X
fbem-28281	40	3	)	)	PUNCT
fbem-28281	40	4	non	non	ADJ
fbem-28281	40	5	-	-	ADJ
fbem-28281	40	6	operating	operating	ADJ
fbem-28281	40	7	income	income	NOUN
fbem-28281	40	8	and	and	CCONJ
fbem-28281	40	9	expenses	expense	NOUN
fbem-28281	40	10	do	do	AUX
fbem-28281	40	11	not	not	PART
fbem-28281	40	12	belong	belong	VERB
fbem-28281	40	13	to	to	ADP
fbem-28281	40	14	the	the	DET
fbem-28281	40	15	enterprise	enterprise	NOUN
fbem-28281	40	16	's	's	PART
fbem-28281	40	17	recurrent	recurrent	ADJ
fbem-28281	40	18	losses	loss	NOUN
fbem-28281	40	19	and	and	CCONJ
fbem-28281	40	20	should	should	AUX
fbem-28281	40	21	not	not	PART
fbem-28281	40	22	be	be	AUX
fbem-28281	40	23	considered	consider	VERB
fbem-28281	40	24	when	when	SCONJ
fbem-28281	40	25	calculating	calculate	VERB
fbem-28281	40	26	profits	profit	NOUN
fbem-28281	40	27	.	.	PUNCT
fbem-28281	41	1	3	3	X
fbem-28281	41	2	.	.	X
fbem-28281	41	3	company	company	NOUN
fbem-28281	41	4	profile	profile	NOUN
fbem-28281	41	5	founded	found	VERB
fbem-28281	41	6	in	in	ADP
fbem-28281	41	7	ningde	ningde	NOUN
fbem-28281	41	8	,	,	PUNCT
fbem-28281	41	9	fujian	fujian	PROPN
fbem-28281	41	10	province	province	PROPN
fbem-28281	41	11	,	,	PUNCT
fbem-28281	41	12	china	china	PROPN
fbem-28281	41	13	,	,	PUNCT
fbem-28281	41	14	in	in	ADP
fbem-28281	41	15	2011	2011	NUM
fbem-28281	41	16	,	,	PUNCT
fbem-28281	41	17	catl	catl	NOUN
fbem-28281	41	18	has	have	AUX
fbem-28281	41	19	developed	develop	VERB
fbem-28281	41	20	into	into	ADP
fbem-28281	41	21	a	a	DET
fbem-28281	41	22	leading	lead	VERB
fbem-28281	41	23	global	global	ADJ
fbem-28281	41	24	provider	provider	NOUN
fbem-28281	41	25	of	of	ADP
fbem-28281	41	26	energy	energy	NOUN
fbem-28281	41	27	storage	storage	NOUN
fbem-28281	41	28	systems	system	NOUN
fbem-28281	41	29	and	and	CCONJ
fbem-28281	41	30	battery	battery	NOUN
fbem-28281	41	31	management	management	NOUN
fbem-28281	41	32	system	system	NOUN
fbem-28281	41	33	solutions	solution	NOUN
fbem-28281	41	34	.	.	PUNCT
fbem-28281	42	1	since	since	SCONJ
fbem-28281	42	2	its	its	PRON
fbem-28281	42	3	inception	inception	NOUN
fbem-28281	42	4	,	,	PUNCT
fbem-28281	42	5	the	the	DET
fbem-28281	42	6	company	company	NOUN
fbem-28281	42	7	has	have	AUX
fbem-28281	42	8	been	be	AUX
fbem-28281	42	9	committed	commit	VERB
fbem-28281	42	10	to	to	ADP
fbem-28281	42	11	providing	provide	VERB
fbem-28281	42	12	high	high	ADJ
fbem-28281	42	13	-	-	PUNCT
fbem-28281	42	14	quality	quality	NOUN
fbem-28281	42	15	battery	battery	NOUN
fbem-28281	42	16	products	product	NOUN
fbem-28281	42	17	and	and	CCONJ
fbem-28281	42	18	services	service	NOUN
fbem-28281	42	19	for	for	ADP
fbem-28281	42	20	electric	electric	ADJ
fbem-28281	42	21	vehicles	vehicle	NOUN
fbem-28281	42	22	,	,	PUNCT
fbem-28281	42	23	hybrid	hybrid	ADJ
fbem-28281	42	24	vehicles	vehicle	NOUN
fbem-28281	42	25	,	,	PUNCT
fbem-28281	42	26	and	and	CCONJ
fbem-28281	42	27	other	other	ADJ
fbem-28281	42	28	new	new	ADJ
fbem-28281	42	29	energy	energy	NOUN
fbem-28281	42	30	applications	application	NOUN
fbem-28281	42	31	.	.	PUNCT
fbem-28281	43	1	catl	catl	PROPN
fbem-28281	43	2	has	have	VERB
fbem-28281	43	3	extremely	extremely	ADV
fbem-28281	43	4	stringent	stringent	ADJ
fbem-28281	43	5	standards	standard	NOUN
fbem-28281	43	6	for	for	ADP
fbem-28281	43	7	every	every	DET
fbem-28281	43	8	detail	detail	NOUN
fbem-28281	43	9	of	of	ADP
fbem-28281	43	10	its	its	PRON
fbem-28281	43	11	products	product	NOUN
fbem-28281	43	12	,	,	PUNCT
fbem-28281	43	13	and	and	CCONJ
fbem-28281	43	14	this	this	DET
fbem-28281	43	15	meticulous	meticulous	ADJ
fbem-28281	43	16	attitude	attitude	NOUN
fbem-28281	43	17	ensures	ensure	VERB
fbem-28281	43	18	that	that	PRON
fbem-28281	43	19	catl	catl	NOUN
fbem-28281	43	20	occupies	occupy	VERB
fbem-28281	43	21	an	an	DET
fbem-28281	43	22	industry	industry	NOUN
fbem-28281	43	23	-	-	PUNCT
fbem-28281	43	24	leading	lead	VERB
fbem-28281	43	25	position	position	NOUN
fbem-28281	43	26	in	in	ADP
fbem-28281	43	27	multiple	multiple	ADJ
fbem-28281	43	28	key	key	ADJ
fbem-28281	43	29	areas	area	NOUN
fbem-28281	43	30	.	.	PUNCT
fbem-28281	44	1	in	in	ADP
fbem-28281	44	2	terms	term	NOUN
fbem-28281	44	3	of	of	ADP
fbem-28281	44	4	safety	safety	NOUN
fbem-28281	44	5	,	,	PUNCT
fbem-28281	44	6	catl	catl	PROPN
fbem-28281	44	7	ensures	ensure	VERB
fbem-28281	44	8	the	the	DET
fbem-28281	44	9	reliability	reliability	NOUN
fbem-28281	44	10	and	and	CCONJ
fbem-28281	44	11	stability	stability	NOUN
fbem-28281	44	12	of	of	ADP
fbem-28281	44	13	its	its	PRON
fbem-28281	44	14	battery	battery	NOUN
fbem-28281	44	15	products	product	NOUN
fbem-28281	44	16	through	through	ADP
fbem-28281	44	17	strict	strict	ADJ
fbem-28281	44	18	technological	technological	ADJ
fbem-28281	44	19	innovation	innovation	NOUN
fbem-28281	44	20	and	and	CCONJ
fbem-28281	44	21	production	production	NOUN
fbem-28281	44	22	process	process	NOUN
fbem-28281	44	23	control	control	NOUN
fbem-28281	44	24	,	,	PUNCT
fbem-28281	44	25	which	which	PRON
fbem-28281	44	26	has	have	AUX
fbem-28281	44	27	earned	earn	VERB
fbem-28281	44	28	it	it	PRON
fbem-28281	44	29	an	an	DET
fbem-28281	44	30	extremely	extremely	ADV
fbem-28281	44	31	high	high	ADJ
fbem-28281	44	32	reputation	reputation	NOUN
fbem-28281	44	33	in	in	ADP
fbem-28281	44	34	the	the	DET
fbem-28281	44	35	market	market	NOUN
fbem-28281	44	36	.	.	PUNCT
fbem-28281	45	1	in	in	ADP
fbem-28281	45	2	terms	term	NOUN
fbem-28281	45	3	of	of	ADP
fbem-28281	45	4	energy	energy	NOUN
fbem-28281	45	5	storage	storage	NOUN
fbem-28281	45	6	performance	performance	NOUN
fbem-28281	45	7	,	,	PUNCT
fbem-28281	45	8	cycle	cycle	NOUN
fbem-28281	45	9	life	life	NOUN
fbem-28281	45	10	,	,	PUNCT
fbem-28281	45	11	and	and	CCONJ
fbem-28281	45	12	low	low	ADJ
fbem-28281	45	13	-	-	PUNCT
fbem-28281	45	14	temperature	temperature	NOUN
fbem-28281	45	15	adaptability	adaptability	NOUN
fbem-28281	45	16	,	,	PUNCT
fbem-28281	45	17	catl	catl	NOUN
fbem-28281	45	18	also	also	ADV
fbem-28281	45	19	performs	perform	VERB
fbem-28281	45	20	well	well	ADV
fbem-28281	45	21	and	and	CCONJ
fbem-28281	45	22	continuously	continuously	ADV
fbem-28281	45	23	pursues	pursue	VERB
fbem-28281	45	24	technological	technological	ADJ
fbem-28281	45	25	breakthroughs	breakthrough	NOUN
fbem-28281	45	26	to	to	PART
fbem-28281	45	27	meet	meet	VERB
fbem-28281	45	28	the	the	DET
fbem-28281	45	29	growing	grow	VERB
fbem-28281	45	30	market	market	NOUN
fbem-28281	45	31	demand	demand	NOUN
fbem-28281	45	32	.	.	PUNCT
fbem-28281	46	1	it	it	PRON
fbem-28281	46	2	has	have	AUX
fbem-28281	46	3	established	establish	VERB
fbem-28281	46	4	close	close	ADJ
fbem-28281	46	5	cooperative	cooperative	ADJ
fbem-28281	46	6	relationships	relationship	NOUN
fbem-28281	46	7	with	with	ADP
fbem-28281	46	8	internationally	internationally	ADV
fbem-28281	46	9	renowned	renowned	ADJ
fbem-28281	46	10	companies	company	NOUN
fbem-28281	46	11	such	such	ADJ
fbem-28281	46	12	as	as	ADP
fbem-28281	46	13	tesla	tesla	PROPN
fbem-28281	46	14	.	.	PUNCT
fbem-28281	47	1	these	these	DET
fbem-28281	47	2	collaborations	collaboration	NOUN
fbem-28281	47	3	have	have	AUX
fbem-28281	47	4	not	not	PART
fbem-28281	47	5	only	only	ADV
fbem-28281	47	6	enhanced	enhance	VERB
fbem-28281	47	7	technical	technical	ADJ
fbem-28281	47	8	exchanges	exchange	NOUN
fbem-28281	47	9	between	between	ADP
fbem-28281	47	10	the	the	DET
fbem-28281	47	11	two	two	NUM
fbem-28281	47	12	parties	party	NOUN
fbem-28281	47	13	but	but	CCONJ
fbem-28281	47	14	also	also	ADV
fbem-28281	47	15	promoted	promote	VERB
fbem-28281	47	16	advancements	advancement	NOUN
fbem-28281	47	17	in	in	ADP
fbem-28281	47	18	battery	battery	NOUN
fbem-28281	47	19	technology	technology	NOUN
fbem-28281	47	20	.	.	PUNCT
fbem-28281	48	1	catl	catl	PROPN
fbem-28281	48	2	boasts	boast	VERB
fbem-28281	48	3	a	a	DET
fbem-28281	48	4	research	research	NOUN
fbem-28281	48	5	team	team	NOUN
fbem-28281	48	6	composed	compose	VERB
fbem-28281	48	7	of	of	ADP
fbem-28281	48	8	world	world	NOUN
fbem-28281	48	9	-	-	PUNCT
fbem-28281	48	10	leading	lead	VERB
fbem-28281	48	11	scientists	scientist	NOUN
fbem-28281	48	12	who	who	PRON
fbem-28281	48	13	conduct	conduct	VERB
fbem-28281	48	14	cutting	cutting	NOUN
fbem-28281	48	15	-	-	PUNCT
fbem-28281	48	16	edge	edge	NOUN
fbem-28281	48	17	research	research	NOUN
fbem-28281	48	18	in	in	ADP
fbem-28281	48	19	multiple	multiple	ADJ
fbem-28281	48	20	fields	field	NOUN
fbem-28281	48	21	such	such	ADJ
fbem-28281	48	22	as	as	ADP
fbem-28281	48	23	battery	battery	NOUN
fbem-28281	48	24	materials	material	NOUN
fbem-28281	48	25	,	,	PUNCT
fbem-28281	48	26	cell	cell	NOUN
fbem-28281	48	27	design	design	NOUN
fbem-28281	48	28	,	,	PUNCT
fbem-28281	48	29	and	and	CCONJ
fbem-28281	48	30	battery	battery	NOUN
fbem-28281	48	31	system	system	NOUN
fbem-28281	48	32	integration	integration	NOUN
fbem-28281	48	33	,	,	PUNCT
fbem-28281	48	34	providing	provide	VERB
fbem-28281	48	35	powerful	powerful	ADJ
fbem-28281	48	36	impetus	impetus	NOUN
fbem-28281	48	37	for	for	ADP
fbem-28281	48	38	the	the	DET
fbem-28281	48	39	company	company	NOUN
fbem-28281	48	40	's	's	PART
fbem-28281	48	41	continuous	continuous	ADJ
fbem-28281	48	42	innovation	innovation	NOUN
fbem-28281	48	43	.	.	PUNCT
fbem-28281	49	1	with	with	ADP
fbem-28281	49	2	such	such	ADJ
fbem-28281	49	3	strengths	strength	NOUN
fbem-28281	49	4	and	and	CCONJ
fbem-28281	49	5	resources	resource	NOUN
fbem-28281	49	6	,	,	PUNCT
fbem-28281	49	7	catl	catl	PROPN
fbem-28281	49	8	has	have	AUX
fbem-28281	49	9	obtained	obtain	VERB
fbem-28281	49	10	a	a	DET
fbem-28281	49	11	significant	significant	ADJ
fbem-28281	49	12	share	share	NOUN
fbem-28281	49	13	in	in	ADP
fbem-28281	49	14	the	the	DET
fbem-28281	49	15	global	global	ADJ
fbem-28281	49	16	market	market	NOUN
fbem-28281	49	17	and	and	CCONJ
fbem-28281	49	18	is	be	AUX
fbem-28281	49	19	playing	play	VERB
fbem-28281	49	20	an	an	DET
fbem-28281	49	21	increasingly	increasingly	ADV
fbem-28281	49	22	important	important	ADJ
fbem-28281	49	23	role	role	NOUN
fbem-28281	49	24	in	in	ADP
fbem-28281	49	25	the	the	DET
fbem-28281	49	26	global	global	ADJ
fbem-28281	49	27	new	new	ADJ
fbem-28281	49	28	energy	energy	NOUN
fbem-28281	49	29	industry	industry	NOUN
fbem-28281	49	30	.	.	PUNCT
fbem-28281	50	1	catl	catl	PROPN
fbem-28281	50	2	is	be	AUX
fbem-28281	50	3	a	a	DET
fbem-28281	50	4	company	company	NOUN
fbem-28281	50	5	specializing	specialize	VERB
fbem-28281	50	6	in	in	ADP
fbem-28281	50	7	the	the	DET
fbem-28281	50	8	research	research	NOUN
fbem-28281	50	9	,	,	PUNCT
fbem-28281	50	10	production	production	NOUN
fbem-28281	50	11	,	,	PUNCT
fbem-28281	50	12	and	and	CCONJ
fbem-28281	50	13	sales	sale	NOUN
fbem-28281	50	14	of	of	ADP
fbem-28281	50	15	power	power	NOUN
fbem-28281	50	16	batteries	battery	NOUN
fbem-28281	50	17	and	and	CCONJ
fbem-28281	50	18	energy	energy	NOUN
fbem-28281	50	19	storage	storage	NOUN
fbem-28281	50	20	batteries	battery	NOUN
fbem-28281	50	21	,	,	PUNCT
fbem-28281	50	22	committed	commit	VERB
fbem-28281	50	23	to	to	ADP
fbem-28281	50	24	providing	provide	VERB
fbem-28281	50	25	the	the	DET
fbem-28281	50	26	best	good	ADJ
fbem-28281	50	27	solutions	solution	NOUN
fbem-28281	50	28	and	and	CCONJ
fbem-28281	50	29	services	service	NOUN
fbem-28281	50	30	in	in	ADP
fbem-28281	50	31	the	the	DET
fbem-28281	50	32	new	new	ADJ
fbem-28281	50	33	energy	energy	NOUN
fbem-28281	50	34	field	field	NOUN
fbem-28281	50	35	worldwide	worldwide	ADV
fbem-28281	50	36	.	.	PUNCT
fbem-28281	51	1	the	the	DET
fbem-28281	51	2	company	company	NOUN
fbem-28281	51	3	has	have	VERB
fbem-28281	51	4	a	a	DET
fbem-28281	51	5	complete	complete	ADJ
fbem-28281	51	6	and	and	CCONJ
fbem-28281	51	7	independent	independent	ADJ
fbem-28281	51	8	system	system	NOUN
fbem-28281	51	9	for	for	ADP
fbem-28281	51	10	research	research	NOUN
fbem-28281	51	11	and	and	CCONJ
fbem-28281	51	12	development	development	NOUN
fbem-28281	51	13	,	,	PUNCT
fbem-28281	51	14	procurement	procurement	NOUN
fbem-28281	51	15	,	,	PUNCT
fbem-28281	51	16	production	production	NOUN
fbem-28281	51	17	,	,	PUNCT
fbem-28281	51	18	and	and	CCONJ
fbem-28281	51	19	sales	sale	NOUN
fbem-28281	51	20	,	,	PUNCT
fbem-28281	51	21	dedicated	dedicate	VERB
fbem-28281	51	22	to	to	ADP
fbem-28281	51	23	providing	provide	VERB
fbem-28281	51	24	the	the	DET
fbem-28281	51	25	market	market	NOUN
fbem-28281	51	26	with	with	ADP
fbem-28281	51	27	various	various	ADJ
fbem-28281	51	28	power	power	NOUN
fbem-28281	51	29	batteries	battery	NOUN
fbem-28281	51	30	,	,	PUNCT
fbem-28281	51	31	energy	energy	NOUN
fbem-28281	51	32	storage	storage	NOUN
fbem-28281	51	33	batteries	battery	NOUN
fbem-28281	51	34	,	,	PUNCT
fbem-28281	51	35	and	and	CCONJ
fbem-28281	51	36	battery	battery	NOUN
fbem-28281	51	37	materials	material	NOUN
fbem-28281	51	38	.	.	PUNCT
fbem-28281	52	1	in	in	ADP
fbem-28281	52	2	the	the	DET
fbem-28281	52	3	face	face	NOUN
fbem-28281	52	4	of	of	ADP
fbem-28281	52	5	continuous	continuous	ADJ
fbem-28281	52	6	growth	growth	NOUN
fbem-28281	52	7	and	and	CCONJ
fbem-28281	52	8	rapid	rapid	ADJ
fbem-28281	52	9	expansion	expansion	NOUN
fbem-28281	52	10	in	in	ADP
fbem-28281	52	11	market	market	NOUN
fbem-28281	52	12	demand	demand	NOUN
fbem-28281	52	13	,	,	PUNCT
fbem-28281	52	14	the	the	DET
fbem-28281	52	15	company	company	NOUN
fbem-28281	52	16	ensures	ensure	VERB
fbem-28281	52	17	stable	stable	ADJ
fbem-28281	52	18	supply	supply	NOUN
fbem-28281	52	19	chains	chain	NOUN
fbem-28281	52	20	and	and	CCONJ
fbem-28281	52	21	supply	supply	NOUN
fbem-28281	52	22	capabilities	capability	NOUN
fbem-28281	52	23	by	by	ADP
fbem-28281	52	24	strengthening	strengthen	VERB
fbem-28281	52	25	cooperative	cooperative	ADJ
fbem-28281	52	26	relationships	relationship	NOUN
fbem-28281	52	27	with	with	ADP
fbem-28281	52	28	other	other	ADJ
fbem-28281	52	29	enterprises	enterprise	NOUN
fbem-28281	52	30	in	in	ADP
fbem-28281	52	31	the	the	DET
fbem-28281	52	32	industry	industry	NOUN
fbem-28281	52	33	.	.	PUNCT
fbem-28281	53	1	this	this	DET
fbem-28281	53	2	strategy	strategy	NOUN
fbem-28281	53	3	not	not	PART
fbem-28281	53	4	only	only	ADV
fbem-28281	53	5	enhances	enhance	VERB
fbem-28281	53	6	the	the	DET
fbem-28281	53	7	company	company	NOUN
fbem-28281	53	8	's	's	PART
fbem-28281	53	9	market	market	NOUN
fbem-28281	53	10	competitiveness	competitiveness	NOUN
fbem-28281	53	11	but	but	CCONJ
fbem-28281	53	12	also	also	ADV
fbem-28281	53	13	consolidates	consolidate	VERB
fbem-28281	53	14	its	its	PRON
fbem-28281	53	15	position	position	NOUN
fbem-28281	53	16	in	in	ADP
fbem-28281	53	17	the	the	DET
fbem-28281	53	18	highly	highly	ADV
fbem-28281	53	19	competitive	competitive	ADJ
fbem-28281	53	20	battery	battery	NOUN
fbem-28281	53	21	industry	industry	NOUN
fbem-28281	53	22	.	.	PUNCT
fbem-28281	54	1	the	the	DET
fbem-28281	54	2	following	follow	VERB
fbem-28281	54	3	is	be	AUX
fbem-28281	54	4	based	base	VERB
fbem-28281	54	5	on	on	ADP
fbem-28281	54	6	catl	catl	NOUN
fbem-28281	54	7	's	's	PART
fbem-28281	54	8	financial	financial	ADJ
fbem-28281	54	9	statements	statement	NOUN
fbem-28281	54	10	and	and	CCONJ
fbem-28281	54	11	mainly	mainly	ADV
fbem-28281	54	12	analyzes	analyze	VERB
fbem-28281	54	13	the	the	DET
fbem-28281	54	14	company	company	NOUN
fbem-28281	54	15	's	's	PART
fbem-28281	54	16	debt	debt	NOUN
fbem-28281	54	17	paying	pay	VERB
fbem-28281	54	18	ability	ability	NOUN
fbem-28281	54	19	,	,	PUNCT
fbem-28281	54	20	operating	operating	NOUN
fbem-28281	54	21	ability	ability	NOUN
fbem-28281	54	22	,	,	PUNCT
fbem-28281	54	23	profitability	profitability	NOUN
fbem-28281	54	24	,	,	PUNCT
fbem-28281	54	25	and	and	CCONJ
fbem-28281	54	26	development	development	NOUN
fbem-28281	54	27	ability	ability	NOUN
fbem-28281	54	28	.	.	PUNCT
fbem-28281	55	1	table	table	NOUN
fbem-28281	55	2	1	1	NUM
fbem-28281	55	3	.	.	PUNCT
fbem-28281	56	1	analysis	analysis	NOUN
fbem-28281	56	2	of	of	ADP
fbem-28281	56	3	main	main	ADJ
fbem-28281	56	4	financial	financial	ADJ
fbem-28281	56	5	indicators	indicator	NOUN
fbem-28281	56	6	of	of	ADP
fbem-28281	56	7	catl	catl	NOUN
fbem-28281	56	8	from	from	ADP
fbem-28281	56	9	2016	2016	NUM
fbem-28281	56	10	to	to	ADP
fbem-28281	56	11	2019	2019	NUM
fbem-28281	56	12	financial	financial	ADJ
fbem-28281	56	13	index	index	NOUN
fbem-28281	56	14	2021	2021	NUM
fbem-28281	56	15	2020	2020	NUM
fbem-28281	56	16	2019	2019	NUM
fbem-28281	56	17	2018	2018	NUM
fbem-28281	56	18	debt	debt	NOUN
fbem-28281	56	19	paying	pay	VERB
fbem-28281	56	20	ability	ability	NOUN
fbem-28281	56	21	current	current	ADJ
fbem-28281	56	22	ratio	ratio	NOUN
fbem-28281	56	23	1.19	1.19	NUM
fbem-28281	56	24	2.05	2.05	NUM
fbem-28281	56	25	1.57	1.57	NUM
fbem-28281	56	26	1.73	1.73	NUM
fbem-28281	56	27	quick	quick	ADJ
fbem-28281	56	28	ratio	ratio	NOUN
fbem-28281	56	29	0.92	0.92	NUM
fbem-28281	56	30	1.81	1.81	NUM
fbem-28281	56	31	1.32	1.32	NUM
fbem-28281	56	32	1.51	1.51	NUM
fbem-28281	56	33	asset	asset	NOUN
fbem-28281	56	34	liability	liability	NOUN
fbem-28281	56	35	ratio	ratio	NOUN
fbem-28281	56	36	69.89	69.89	NUM
fbem-28281	56	37	55.82	55.82	NUM
fbem-28281	56	38	58.38	58.38	NUM
fbem-28281	56	39	52.36	52.36	NUM
fbem-28281	56	40	operating	operating	NOUN
fbem-28281	56	41	capacity	capacity	NOUN
fbem-28281	56	42	accounts	account	VERB
fbem-28281	56	43	receivable	receivable	ADJ
fbem-28281	56	44	turnover	turnover	NOUN
fbem-28281	56	45	frequency	frequency	NOUN
fbem-28281	56	46	7.44	7.44	NUM
fbem-28281	56	47	5.13	5.13	NUM
fbem-28281	56	48	6.29	6.29	NUM
fbem-28281	56	49	4.51	4.51	NUM
fbem-28281	56	50	total	total	ADJ
fbem-28281	56	51	asset	asset	NOUN
fbem-28281	56	52	turnover	turnover	NOUN
fbem-28281	56	53	ratio	ratio	NOUN
fbem-28281	56	54	0.56	0.56	NUM
fbem-28281	56	55	0.39	0.39	NUM
fbem-28281	56	56	0.52	0.52	NUM
fbem-28281	56	57	0.48	0.48	NUM
fbem-28281	56	58	profitability	profitability	NOUN
fbem-28281	56	59	operating	operating	NOUN
fbem-28281	56	60	profit	profit	NOUN
fbem-28281	56	61	margin	margin	NOUN
fbem-28281	56	62	15.21	15.21	NUM
fbem-28281	56	63	13.83	13.83	NUM
fbem-28281	56	64	12.58	12.58	NUM
fbem-28281	56	65	14.08	14.08	NUM
fbem-28281	56	66	net	net	ADJ
fbem-28281	56	67	profit	profit	NOUN
fbem-28281	56	68	margin	margin	NOUN
fbem-28281	56	69	12.22	12.22	NUM
fbem-28281	56	70	11.10	11.10	NUM
fbem-28281	56	71	9.96	9.96	NUM
fbem-28281	56	72	11.44	11.44	NUM
fbem-28281	56	73	return	return	NOUN
fbem-28281	56	74	on	on	ADP
fbem-28281	56	75	total	total	ADJ
fbem-28281	56	76	assets	asset	NOUN
fbem-28281	56	77	6.86	6.86	NUM
fbem-28281	56	78	4.33	4.33	NUM
fbem-28281	56	79	5.21	5.21	NUM
fbem-28281	56	80	5.48	5.48	NUM
fbem-28281	56	81	development	development	NOUN
fbem-28281	56	82	capability	capability	NOUN
fbem-28281	56	83	revenue	revenue	NOUN
fbem-28281	56	84	growth	growth	NOUN
fbem-28281	56	85	rate	rate	NOUN
fbem-28281	56	86	159.06	159.06	NUM
fbem-28281	56	87	9.90	9.90	NUM
fbem-28281	56	88	54.63	54.63	NUM
fbem-28281	56	89	48.08	48.08	NUM
fbem-28281	56	90	total	total	ADJ
fbem-28281	56	91	asset	asset	NOUN
fbem-28281	56	92	growth	growth	NOUN
fbem-28281	56	93	rate	rate	NOUN
fbem-28281	56	94	96.44	96.44	NUM
fbem-28281	56	95	54.53	54.53	NUM
fbem-28281	56	96	37.18	37.18	NUM
fbem-28281	56	97	48.77	48.77	NUM
fbem-28281	56	98	data	datum	NOUN
fbem-28281	56	99	source	source	NOUN
fbem-28281	56	100	:	:	PUNCT
fbem-28281	56	101	juchao	juchao	PROPN
fbem-28281	56	102	information	information	NOUN
fbem-28281	56	103	network	network	NOUN
fbem-28281	56	104	according	accord	VERB
fbem-28281	56	105	to	to	ADP
fbem-28281	56	106	table	table	NOUN
fbem-28281	56	107	1	1	NUM
fbem-28281	56	108	,	,	PUNCT
fbem-28281	56	109	although	although	SCONJ
fbem-28281	56	110	the	the	DET
fbem-28281	56	111	company	company	NOUN
fbem-28281	56	112	's	's	PART
fbem-28281	56	113	revenue	revenue	NOUN
fbem-28281	56	114	272	272	NUM
fbem-28281	56	115	growth	growth	NOUN
fbem-28281	56	116	slowed	slow	VERB
fbem-28281	56	117	down	down	ADP
fbem-28281	56	118	compared	compare	VERB
fbem-28281	56	119	to	to	ADP
fbem-28281	56	120	the	the	DET
fbem-28281	56	121	previous	previous	ADJ
fbem-28281	56	122	year	year	NOUN
fbem-28281	56	123	due	due	ADP
fbem-28281	56	124	to	to	ADP
fbem-28281	56	125	the	the	DET
fbem-28281	56	126	impact	impact	NOUN
fbem-28281	56	127	of	of	ADP
fbem-28281	56	128	the	the	DET
fbem-28281	56	129	global	global	ADJ
fbem-28281	56	130	pandemic	pandemic	ADJ
fbem-28281	56	131	outbreak	outbreak	NOUN
fbem-28281	56	132	in	in	ADP
fbem-28281	56	133	2020	2020	NUM
fbem-28281	56	134	,	,	PUNCT
fbem-28281	56	135	ningde	ningde	PROPN
fbem-28281	56	136	times	time	NOUN
fbem-28281	56	137	'	'	PART
fbem-28281	56	138	revenue	revenue	NOUN
fbem-28281	56	139	showed	show	VERB
fbem-28281	56	140	a	a	DET
fbem-28281	56	141	stable	stable	ADJ
fbem-28281	56	142	and	and	CCONJ
fbem-28281	56	143	continuous	continuous	ADJ
fbem-28281	56	144	upward	upward	ADJ
fbem-28281	56	145	trend	trend	NOUN
fbem-28281	56	146	from	from	ADP
fbem-28281	56	147	2016	2016	NUM
fbem-28281	56	148	to	to	ADP
fbem-28281	56	149	2021	2021	NUM
fbem-28281	56	150	.	.	PUNCT
fbem-28281	57	1	faced	face	VERB
fbem-28281	57	2	with	with	ADP
fbem-28281	57	3	the	the	DET
fbem-28281	57	4	impact	impact	NOUN
fbem-28281	57	5	of	of	ADP
fbem-28281	57	6	the	the	DET
fbem-28281	57	7	epidemic	epidemic	NOUN
fbem-28281	57	8	,	,	PUNCT
fbem-28281	57	9	catl	catl	NOUN
fbem-28281	57	10	still	still	ADV
fbem-28281	57	11	maintains	maintain	VERB
fbem-28281	57	12	a	a	DET
fbem-28281	57	13	stable	stable	ADJ
fbem-28281	57	14	business	business	NOUN
fbem-28281	57	15	strategy	strategy	NOUN
fbem-28281	57	16	,	,	PUNCT
fbem-28281	57	17	successfully	successfully	ADV
fbem-28281	57	18	resisting	resist	VERB
fbem-28281	57	19	the	the	DET
fbem-28281	57	20	influence	influence	NOUN
fbem-28281	57	21	of	of	ADP
fbem-28281	57	22	external	external	ADJ
fbem-28281	57	23	unfavorable	unfavorable	ADJ
fbem-28281	57	24	factors	factor	NOUN
fbem-28281	57	25	and	and	CCONJ
fbem-28281	57	26	achieving	achieve	VERB
fbem-28281	57	27	steady	steady	ADJ
fbem-28281	57	28	income	income	NOUN
fbem-28281	57	29	growth	growth	NOUN
fbem-28281	57	30	through	through	ADP
fbem-28281	57	31	continuous	continuous	ADJ
fbem-28281	57	32	innovation	innovation	NOUN
fbem-28281	57	33	and	and	CCONJ
fbem-28281	57	34	optimization	optimization	NOUN
fbem-28281	57	35	of	of	ADP
fbem-28281	57	36	product	product	NOUN
fbem-28281	57	37	structure	structure	NOUN
fbem-28281	57	38	.	.	PUNCT
fbem-28281	58	1	the	the	DET
fbem-28281	58	2	operating	operate	VERB
fbem-28281	58	3	profit	profit	NOUN
fbem-28281	58	4	also	also	ADV
fbem-28281	58	5	showed	show	VERB
fbem-28281	58	6	a	a	DET
fbem-28281	58	7	similar	similar	ADJ
fbem-28281	58	8	growth	growth	NOUN
fbem-28281	58	9	trajectory	trajectory	NOUN
fbem-28281	58	10	,	,	PUNCT
fbem-28281	58	11	indicating	indicate	VERB
fbem-28281	58	12	that	that	SCONJ
fbem-28281	58	13	catl	catl	NOUN
fbem-28281	58	14	has	have	AUX
fbem-28281	58	15	achieved	achieve	VERB
fbem-28281	58	16	significant	significant	ADJ
fbem-28281	58	17	results	result	NOUN
fbem-28281	58	18	in	in	ADP
fbem-28281	58	19	improving	improve	VERB
fbem-28281	58	20	operational	operational	ADJ
fbem-28281	58	21	efficiency	efficiency	NOUN
fbem-28281	58	22	and	and	CCONJ
fbem-28281	58	23	cost	cost	NOUN
fbem-28281	58	24	control	control	NOUN
fbem-28281	58	25	.	.	PUNCT
fbem-28281	59	1	the	the	DET
fbem-28281	59	2	return	return	NOUN
fbem-28281	59	3	on	on	ADP
fbem-28281	59	4	equity	equity	NOUN
fbem-28281	59	5	(	(	PUNCT
fbem-28281	59	6	roe	roe	PROPN
fbem-28281	59	7	)	)	PUNCT
fbem-28281	59	8	,	,	PUNCT
fbem-28281	59	9	as	as	ADP
fbem-28281	59	10	a	a	DET
fbem-28281	59	11	key	key	ADJ
fbem-28281	59	12	indicator	indicator	NOUN
fbem-28281	59	13	for	for	ADP
fbem-28281	59	14	measuring	measure	VERB
fbem-28281	59	15	the	the	DET
fbem-28281	59	16	level	level	NOUN
fbem-28281	59	17	of	of	ADP
fbem-28281	59	18	shareholder	shareholder	NOUN
fbem-28281	59	19	equity	equity	NOUN
fbem-28281	59	20	returns	return	NOUN
fbem-28281	59	21	,	,	PUNCT
fbem-28281	59	22	also	also	ADV
fbem-28281	59	23	confirms	confirm	VERB
fbem-28281	59	24	the	the	DET
fbem-28281	59	25	advantages	advantage	NOUN
fbem-28281	59	26	of	of	ADP
fbem-28281	59	27	catl	catl	NOUN
fbem-28281	59	28	in	in	ADP
fbem-28281	59	29	capital	capital	NOUN
fbem-28281	59	30	operations	operation	NOUN
fbem-28281	59	31	and	and	CCONJ
fbem-28281	59	32	investment	investment	NOUN
fbem-28281	59	33	returns	return	NOUN
fbem-28281	59	34	.	.	PUNCT
fbem-28281	60	1	except	except	SCONJ
fbem-28281	60	2	for	for	ADP
fbem-28281	60	3	a	a	DET
fbem-28281	60	4	slight	slight	ADJ
fbem-28281	60	5	decrease	decrease	NOUN
fbem-28281	60	6	from	from	ADP
fbem-28281	60	7	2017	2017	NUM
fbem-28281	60	8	to	to	ADP
fbem-28281	60	9	2018	2018	NUM
fbem-28281	60	10	,	,	PUNCT
fbem-28281	60	11	the	the	DET
fbem-28281	60	12	operating	operate	VERB
fbem-28281	60	13	profit	profit	NOUN
fbem-28281	60	14	has	have	AUX
fbem-28281	60	15	increased	increase	VERB
fbem-28281	60	16	in	in	ADP
fbem-28281	60	17	all	all	DET
fbem-28281	60	18	other	other	ADJ
fbem-28281	60	19	years	year	NOUN
fbem-28281	60	20	,	,	PUNCT
fbem-28281	60	21	and	and	CCONJ
fbem-28281	60	22	the	the	DET
fbem-28281	60	23	upward	upward	ADJ
fbem-28281	60	24	trend	trend	NOUN
fbem-28281	60	25	remains	remain	VERB
fbem-28281	60	26	relatively	relatively	ADV
fbem-28281	60	27	stable	stable	ADJ
fbem-28281	60	28	.	.	PUNCT
fbem-28281	61	1	the	the	DET
fbem-28281	61	2	return	return	NOUN
fbem-28281	61	3	on	on	ADP
fbem-28281	61	4	equity	equity	NOUN
fbem-28281	61	5	of	of	ADP
fbem-28281	61	6	the	the	DET
fbem-28281	61	7	enterprise	enterprise	NOUN
fbem-28281	61	8	has	have	AUX
fbem-28281	61	9	remained	remain	VERB
fbem-28281	61	10	stable	stable	ADJ
fbem-28281	61	11	at	at	ADP
fbem-28281	61	12	over	over	ADP
fbem-28281	61	13	10	10	NUM
fbem-28281	61	14	%	%	NOUN
fbem-28281	61	15	in	in	ADP
fbem-28281	61	16	recent	recent	ADJ
fbem-28281	61	17	years	year	NOUN
fbem-28281	61	18	.	.	PUNCT
fbem-28281	62	1	moreover	moreover	ADV
fbem-28281	62	2	,	,	PUNCT
fbem-28281	62	3	the	the	DET
fbem-28281	62	4	overall	overall	ADJ
fbem-28281	62	5	trend	trend	NOUN
fbem-28281	62	6	of	of	ADP
fbem-28281	62	7	the	the	DET
fbem-28281	62	8	company	company	NOUN
fbem-28281	62	9	's	's	PART
fbem-28281	62	10	asset	asset	NOUN
fbem-28281	62	11	liability	liability	NOUN
fbem-28281	62	12	ratio	ratio	NOUN
fbem-28281	62	13	,	,	PUNCT
fbem-28281	62	14	total	total	ADJ
fbem-28281	62	15	asset	asset	NOUN
fbem-28281	62	16	turnover	turnover	NOUN
fbem-28281	62	17	ratio	ratio	NOUN
fbem-28281	62	18	,	,	PUNCT
fbem-28281	62	19	total	total	ADJ
fbem-28281	62	20	asset	asset	NOUN
fbem-28281	62	21	return	return	NOUN
fbem-28281	62	22	rate	rate	NOUN
fbem-28281	62	23	,	,	PUNCT
fbem-28281	62	24	and	and	CCONJ
fbem-28281	62	25	revenue	revenue	NOUN
fbem-28281	62	26	growth	growth	NOUN
fbem-28281	62	27	rate	rate	NOUN
fbem-28281	62	28	is	be	AUX
fbem-28281	62	29	on	on	ADP
fbem-28281	62	30	the	the	DET
fbem-28281	62	31	rise	rise	NOUN
fbem-28281	62	32	,	,	PUNCT
fbem-28281	62	33	indicating	indicate	VERB
fbem-28281	62	34	a	a	DET
fbem-28281	62	35	good	good	ADJ
fbem-28281	62	36	development	development	NOUN
fbem-28281	62	37	trend	trend	NOUN
fbem-28281	62	38	.	.	PUNCT
fbem-28281	63	1	in	in	ADP
fbem-28281	63	2	addition	addition	NOUN
fbem-28281	63	3	,	,	PUNCT
fbem-28281	63	4	the	the	DET
fbem-28281	63	5	sharp	sharp	ADJ
fbem-28281	63	6	drop	drop	NOUN
fbem-28281	63	7	in	in	ADP
fbem-28281	63	8	the	the	DET
fbem-28281	63	9	growth	growth	NOUN
fbem-28281	63	10	rate	rate	NOUN
fbem-28281	63	11	of	of	ADP
fbem-28281	63	12	business	business	NOUN
fbem-28281	63	13	income	income	NOUN
fbem-28281	63	14	in	in	ADP
fbem-28281	63	15	2020	2020	NUM
fbem-28281	63	16	was	be	AUX
fbem-28281	63	17	mainly	mainly	ADV
fbem-28281	63	18	caused	cause	VERB
fbem-28281	63	19	by	by	ADP
fbem-28281	63	20	the	the	DET
fbem-28281	63	21	outbreak	outbreak	NOUN
fbem-28281	63	22	and	and	CCONJ
fbem-28281	63	23	spread	spread	VERB
fbem-28281	63	24	of	of	ADP
fbem-28281	63	25	the	the	DET
fbem-28281	63	26	covid-19	covid-19	PROPN
fbem-28281	63	27	.	.	PROPN
fbem-28281	64	1	with	with	ADP
fbem-28281	64	2	the	the	DET
fbem-28281	64	3	relief	relief	NOUN
fbem-28281	64	4	of	of	ADP
fbem-28281	64	5	the	the	DET
fbem-28281	64	6	epidemic	epidemic	NOUN
fbem-28281	64	7	and	and	CCONJ
fbem-28281	64	8	the	the	DET
fbem-28281	64	9	support	support	NOUN
fbem-28281	64	10	of	of	ADP
fbem-28281	64	11	relevant	relevant	ADJ
fbem-28281	64	12	policies	policy	NOUN
fbem-28281	64	13	,	,	PUNCT
fbem-28281	64	14	the	the	DET
fbem-28281	64	15	business	business	NOUN
fbem-28281	64	16	income	income	NOUN
fbem-28281	64	17	of	of	ADP
fbem-28281	64	18	the	the	DET
fbem-28281	64	19	enterprise	enterprise	NOUN
fbem-28281	64	20	reached	reach	VERB
fbem-28281	64	21	a	a	DET
fbem-28281	64	22	new	new	ADJ
fbem-28281	64	23	high	high	NOUN
fbem-28281	64	24	in	in	ADP
fbem-28281	64	25	2021	2021	NUM
fbem-28281	64	26	in	in	ADP
fbem-28281	64	27	the	the	DET
fbem-28281	64	28	ningde	ningde	NOUN
fbem-28281	64	29	era	era	NOUN
fbem-28281	64	30	.	.	PUNCT
fbem-28281	65	1	overall	overall	ADV
fbem-28281	65	2	,	,	PUNCT
fbem-28281	65	3	catl	catl	PROPN
fbem-28281	65	4	has	have	AUX
fbem-28281	65	5	followed	follow	VERB
fbem-28281	65	6	the	the	DET
fbem-28281	65	7	trend	trend	NOUN
fbem-28281	65	8	of	of	ADP
fbem-28281	65	9	the	the	DET
fbem-28281	65	10	new	new	ADJ
fbem-28281	65	11	energy	energy	NOUN
fbem-28281	65	12	era	era	NOUN
fbem-28281	65	13	,	,	PUNCT
fbem-28281	65	14	utilizing	utilize	VERB
fbem-28281	65	15	its	its	PRON
fbem-28281	65	16	technological	technological	ADJ
fbem-28281	65	17	advantages	advantage	NOUN
fbem-28281	65	18	to	to	PART
fbem-28281	65	19	continuously	continuously	ADV
fbem-28281	65	20	expand	expand	VERB
fbem-28281	65	21	its	its	PRON
fbem-28281	65	22	business	business	NOUN
fbem-28281	65	23	areas	area	NOUN
fbem-28281	65	24	.	.	PUNCT
fbem-28281	66	1	as	as	ADP
fbem-28281	66	2	a	a	DET
fbem-28281	66	3	result	result	NOUN
fbem-28281	66	4	,	,	PUNCT
fbem-28281	66	5	the	the	DET
fbem-28281	66	6	company	company	NOUN
fbem-28281	66	7	's	's	PART
fbem-28281	66	8	operating	operate	VERB
fbem-28281	66	9	income	income	NOUN
fbem-28281	66	10	and	and	CCONJ
fbem-28281	66	11	profits	profit	NOUN
fbem-28281	66	12	have	have	AUX
fbem-28281	66	13	been	be	AUX
fbem-28281	66	14	steadily	steadily	ADV
fbem-28281	66	15	increasing	increase	VERB
fbem-28281	66	16	.	.	PUNCT
fbem-28281	67	1	in	in	ADP
fbem-28281	67	2	the	the	DET
fbem-28281	67	3	past	past	ADJ
fbem-28281	67	4	two	two	NUM
fbem-28281	67	5	years	year	NOUN
fbem-28281	67	6	,	,	PUNCT
fbem-28281	67	7	the	the	DET
fbem-28281	67	8	company	company	NOUN
fbem-28281	67	9	's	's	PART
fbem-28281	67	10	development	development	NOUN
fbem-28281	67	11	momentum	momentum	NOUN
fbem-28281	67	12	has	have	AUX
fbem-28281	67	13	been	be	AUX
fbem-28281	67	14	very	very	ADV
fbem-28281	67	15	good	good	ADJ
fbem-28281	67	16	,	,	PUNCT
fbem-28281	67	17	and	and	CCONJ
fbem-28281	67	18	the	the	DET
fbem-28281	67	19	growth	growth	NOUN
fbem-28281	67	20	rate	rate	NOUN
fbem-28281	67	21	is	be	AUX
fbem-28281	67	22	also	also	ADV
fbem-28281	67	23	very	very	ADV
fbem-28281	67	24	fast	fast	ADJ
fbem-28281	67	25	.	.	PUNCT
fbem-28281	68	1	4	4	X
fbem-28281	68	2	.	.	X
fbem-28281	68	3	specific	specific	ADJ
fbem-28281	68	4	calculation	calculation	NOUN
fbem-28281	68	5	and	and	CCONJ
fbem-28281	68	6	analysis	analysis	NOUN
fbem-28281	68	7	of	of	ADP
fbem-28281	68	8	eva	eva	NOUN
fbem-28281	68	9	in	in	ADP
fbem-28281	68	10	enterprises	enterprise	NOUN
fbem-28281	68	11	4.1	4.1	NUM
fbem-28281	68	12	.	.	PUNCT
fbem-28281	69	1	calculation	calculation	NOUN
fbem-28281	69	2	of	of	ADP
fbem-28281	69	3	net	net	ADJ
fbem-28281	69	4	operating	operating	NOUN
fbem-28281	69	5	profit	profit	NOUN
fbem-28281	69	6	after	after	ADP
fbem-28281	69	7	tax	tax	NOUN
fbem-28281	69	8	according	accord	VERB
fbem-28281	69	9	to	to	ADP
fbem-28281	69	10	the	the	DET
fbem-28281	69	11	characteristics	characteristic	NOUN
fbem-28281	69	12	of	of	ADP
fbem-28281	69	13	the	the	DET
fbem-28281	69	14	eva	eva	PROPN
fbem-28281	69	15	model	model	NOUN
fbem-28281	70	1	,	,	PUNCT
fbem-28281	70	2	the	the	DET
fbem-28281	70	3	calculation	calculation	NOUN
fbem-28281	70	4	data	datum	NOUN
fbem-28281	70	5	of	of	ADP
fbem-28281	70	6	eva	eva	NOUN
fbem-28281	70	7	mainly	mainly	ADV
fbem-28281	70	8	comes	come	VERB
fbem-28281	70	9	from	from	ADP
fbem-28281	70	10	the	the	DET
fbem-28281	70	11	income	income	NOUN
fbem-28281	70	12	statement	statement	NOUN
fbem-28281	70	13	and	and	CCONJ
fbem-28281	70	14	balance	balance	NOUN
fbem-28281	70	15	sheet	sheet	NOUN
fbem-28281	70	16	.	.	PUNCT
fbem-28281	71	1	[	[	X
fbem-28281	71	2	3	3	X
fbem-28281	71	3	]	]	PUNCT
fbem-28281	71	4	the	the	DET
fbem-28281	71	5	calculation	calculation	NOUN
fbem-28281	71	6	process	process	NOUN
fbem-28281	71	7	of	of	ADP
fbem-28281	71	8	accurate	accurate	ADJ
fbem-28281	71	9	eva	eva	PROPN
fbem-28281	71	10	values	value	NOUN
fbem-28281	71	11	is	be	AUX
fbem-28281	71	12	usually	usually	ADV
fbem-28281	71	13	complex	complex	ADJ
fbem-28281	71	14	.	.	PUNCT
fbem-28281	72	1	in	in	ADP
fbem-28281	72	2	practical	practical	ADJ
fbem-28281	72	3	work	work	NOUN
fbem-28281	72	4	,	,	PUNCT
fbem-28281	72	5	in	in	ADP
fbem-28281	72	6	order	order	NOUN
fbem-28281	72	7	to	to	PART
fbem-28281	72	8	improve	improve	VERB
fbem-28281	72	9	efficiency	efficiency	NOUN
fbem-28281	72	10	,	,	PUNCT
fbem-28281	72	11	important	important	ADJ
fbem-28281	72	12	items	item	NOUN
fbem-28281	72	13	are	be	AUX
fbem-28281	72	14	often	often	ADV
fbem-28281	72	15	selected	select	VERB
fbem-28281	72	16	for	for	ADP
fbem-28281	72	17	adjustment	adjustment	NOUN
fbem-28281	72	18	based	base	VERB
fbem-28281	72	19	on	on	ADP
fbem-28281	72	20	the	the	DET
fbem-28281	72	21	characteristics	characteristic	NOUN
fbem-28281	72	22	of	of	ADP
fbem-28281	72	23	the	the	DET
fbem-28281	72	24	industry	industry	NOUN
fbem-28281	72	25	in	in	ADP
fbem-28281	72	26	which	which	PRON
fbem-28281	72	27	the	the	DET
fbem-28281	72	28	enterprise	enterprise	NOUN
fbem-28281	72	29	operates	operate	VERB
fbem-28281	72	30	.	.	PUNCT
fbem-28281	73	1	this	this	DET
fbem-28281	73	2	article	article	NOUN
fbem-28281	73	3	selects	select	VERB
fbem-28281	73	4	r&d	r&d	NOUN
fbem-28281	73	5	expenses	expense	NOUN
fbem-28281	73	6	,	,	PUNCT
fbem-28281	73	7	interest	interest	NOUN
fbem-28281	73	8	expenses	expense	NOUN
fbem-28281	73	9	,	,	PUNCT
fbem-28281	73	10	asset	asset	NOUN
fbem-28281	73	11	impairment	impairment	NOUN
fbem-28281	73	12	provisions	provision	NOUN
fbem-28281	73	13	,	,	PUNCT
fbem-28281	73	14	changes	change	NOUN
fbem-28281	73	15	in	in	ADP
fbem-28281	73	16	deferred	deferred	ADJ
fbem-28281	73	17	income	income	NOUN
fbem-28281	73	18	tax	tax	NOUN
fbem-28281	73	19	,	,	PUNCT
fbem-28281	73	20	and	and	CCONJ
fbem-28281	73	21	non	non	ADJ
fbem-28281	73	22	-	-	ADJ
fbem-28281	73	23	operating	operating	ADJ
fbem-28281	73	24	income	income	NOUN
fbem-28281	73	25	and	and	CCONJ
fbem-28281	73	26	expenses	expense	NOUN
fbem-28281	73	27	to	to	PART
fbem-28281	73	28	adjust	adjust	VERB
fbem-28281	73	29	the	the	PRON
fbem-28281	73	30	after	after	ADP
fbem-28281	73	31	tax	tax	NOUN
fbem-28281	73	32	operating	operate	VERB
fbem-28281	73	33	net	net	ADJ
fbem-28281	73	34	profit	profit	NOUN
fbem-28281	73	35	.	.	PUNCT
fbem-28281	74	1	table	table	NOUN
fbem-28281	74	2	2	2	NUM
fbem-28281	74	3	.	.	PUNCT
fbem-28281	75	1	analysis	analysis	NOUN
fbem-28281	75	2	of	of	ADP
fbem-28281	75	3	ningde	ningde	NOUN
fbem-28281	75	4	times	time	NOUN
fbem-28281	75	5	'	'	PART
fbem-28281	75	6	after	after	ADP
fbem-28281	75	7	tax	tax	NOUN
fbem-28281	75	8	operating	operating	NOUN
fbem-28281	75	9	profit	profit	NOUN
fbem-28281	75	10	calculation	calculation	NOUN
fbem-28281	75	11	from	from	ADP
fbem-28281	75	12	2016	2016	NUM
fbem-28281	75	13	to	to	ADP
fbem-28281	75	14	2019	2019	NUM
fbem-28281	75	15	unit	unit	NOUN
fbem-28281	75	16	:	:	PUNCT
fbem-28281	75	17	rmb	rmb	VERB
fbem-28281	75	18	100	100	NUM
fbem-28281	75	19	million	million	NUM
fbem-28281	75	20	financial	financial	ADJ
fbem-28281	75	21	index	index	NOUN
fbem-28281	75	22	2021	2021	NUM
fbem-28281	75	23	2020	2020	NUM
fbem-28281	75	24	2019	2019	NUM
fbem-28281	75	25	2018	2018	NUM
fbem-28281	75	26	operating	operating	NOUN
fbem-28281	75	27	profit	profit	NOUN
fbem-28281	75	28	198.200	198.200	NUM
fbem-28281	76	1	69.590	69.590	NUM
fbem-28281	76	2	57.590	57.590	NUM
fbem-28281	76	3	41.680	41.680	NUM
fbem-28281	76	4	add	add	VERB
fbem-28281	76	5	:	:	PUNCT
fbem-28281	76	6	income	income	NOUN
fbem-28281	76	7	tax	tax	NOUN
fbem-28281	76	8	expense	expense	NOUN
fbem-28281	76	9	20.260	20.260	NUM
fbem-28281	76	10	8.790	8.790	NUM
fbem-28281	76	11	7.480	7.480	NUM
fbem-28281	76	12	4.680	4.680	NUM
fbem-28281	76	13	interest	interest	NOUN
fbem-28281	76	14	expenses	expense	NOUN
fbem-28281	76	15	11.610	11.610	NUM
fbem-28281	76	16	6.404	6.404	NUM
fbem-28281	76	17	2.890	2.890	NUM
fbem-28281	76	18	2.040	2.040	NUM
fbem-28281	76	19	profit	profit	NOUN
fbem-28281	76	20	before	before	ADP
fbem-28281	76	21	interest	interest	NOUN
fbem-28281	76	22	and	and	CCONJ
fbem-28281	76	23	tax	tax	NOUN
fbem-28281	76	24	230.070	230.070	NUM
fbem-28281	76	25	84.784	84.784	NUM
fbem-28281	76	26	67.960	67.960	NUM
fbem-28281	76	27	48.400	48.400	NUM
fbem-28281	76	28	(	(	PUNCT
fbem-28281	76	29	1average	1average	NUM
fbem-28281	76	30	income	income	NOUN
fbem-28281	76	31	tax	tax	NOUN
fbem-28281	76	32	rate	rate	NOUN
fbem-28281	76	33	)	)	PUNCT
fbem-28281	76	34	0.850	0.850	NUM
fbem-28281	76	35	0.850	0.850	NUM
fbem-28281	76	36	0.850	0.850	NUM
fbem-28281	76	37	0.850	0.850	NUM
fbem-28281	76	38	after	after	ADP
fbem-28281	76	39	tax	tax	NOUN
fbem-28281	76	40	profit	profit	NOUN
fbem-28281	76	41	195.560	195.560	NUM
fbem-28281	76	42	72.066	72.066	NUM
fbem-28281	76	43	57.766	57.766	NUM
fbem-28281	76	44	41.140	41.140	NUM
fbem-28281	76	45	add	add	NOUN
fbem-28281	76	46	:	:	PUNCT
fbem-28281	76	47	r&d	r&d	NOUN
fbem-28281	76	48	expenses	expense	VERB
fbem-28281	76	49	76.910	76.910	NUM
fbem-28281	76	50	35.690	35.690	NUM
fbem-28281	76	51	29.920	29.920	NUM
fbem-28281	76	52	19.910	19.910	NUM
fbem-28281	76	53	increase	increase	NOUN
fbem-28281	76	54	in	in	ADP
fbem-28281	76	55	deferred	deferred	ADJ
fbem-28281	76	56	income	income	NOUN
fbem-28281	76	57	tax	tax	NOUN
fbem-28281	76	58	liabilities	liability	NOUN
fbem-28281	76	59	10.304	10.304	NUM
fbem-28281	76	60	-0.005	-0.005	NUM
fbem-28281	76	61	0.050	0.050	NUM
fbem-28281	76	62	-0.028	-0.028	DET
fbem-28281	76	63	non	non	ADJ
fbem-28281	76	64	-	-	ADJ
fbem-28281	76	65	operating	operating	ADJ
fbem-28281	76	66	expenses	expense	NOUN
fbem-28281	76	67	1.196	1.196	NUM
fbem-28281	76	68	0.710	0.710	NUM
fbem-28281	76	69	0.600	0.600	NUM
fbem-28281	76	70	0.260	0.260	NUM
fbem-28281	76	71	increse	increse	NOUN
fbem-28281	76	72	in	in	ADP
fbem-28281	76	73	provision	provision	NOUN
fbem-28281	76	74	for	for	ADP
fbem-28281	76	75	asset	asset	NOUN
fbem-28281	76	76	impairment	impairment	NOUN
fbem-28281	76	77	-8.790	-8.790	PRON
fbem-28281	76	78	-5.010	-5.010	NOUN
fbem-28281	76	79	6.951	6.951	NUM
fbem-28281	76	80	7.301	7.301	NUM
fbem-28281	76	81	less	less	ADJ
fbem-28281	76	82	:	:	PUNCT
fbem-28281	76	83	increase	increase	VERB
fbem-28281	76	84	in	in	ADP
fbem-28281	76	85	deferred	deferred	ADJ
fbem-28281	76	86	tax	tax	NOUN
fbem-28281	76	87	assets	asset	NOUN
fbem-28281	76	88	22.760	22.760	NUM
fbem-28281	76	89	10.880	10.880	NUM
fbem-28281	76	90	8.380	8.380	NUM
fbem-28281	76	91	7.310	7.310	NUM
fbem-28281	76	92	non	non	ADJ
fbem-28281	76	93	-	-	ADJ
fbem-28281	76	94	operating	operating	ADJ
fbem-28281	76	95	income	income	NOUN
fbem-28281	76	96	1.830	1.830	NUM
fbem-28281	76	97	0.940	0.940	NUM
fbem-28281	76	98	0.620	0.620	NUM
fbem-28281	76	99	0.620	0.620	NUM
fbem-28281	76	100	after	after	ADP
fbem-28281	76	101	tax	tax	NOUN
fbem-28281	76	102	operating	operating	NOUN
fbem-28281	76	103	profit	profit	NOUN
fbem-28281	76	104	250.590	250.590	NUM
fbem-28281	76	105	91.631	91.631	NUM
fbem-28281	76	106	86.287	86.287	NUM
fbem-28281	76	107	60.653	60.653	NUM
fbem-28281	76	108	data	datum	NOUN
fbem-28281	76	109	source	source	NOUN
fbem-28281	76	110	:	:	PUNCT
fbem-28281	76	111	oriental	oriental	ADJ
fbem-28281	76	112	wealth	wealth	NOUN
fbem-28281	76	113	network	network	NOUN
fbem-28281	76	114	under	under	ADP
fbem-28281	76	115	the	the	DET
fbem-28281	76	116	premise	premise	NOUN
fbem-28281	76	117	of	of	ADP
fbem-28281	76	118	continuous	continuous	ADJ
fbem-28281	76	119	operation	operation	NOUN
fbem-28281	76	120	,	,	PUNCT
fbem-28281	76	121	whether	whether	SCONJ
fbem-28281	76	122	the	the	DET
fbem-28281	76	123	production	production	NOUN
fbem-28281	76	124	and	and	CCONJ
fbem-28281	76	125	operation	operation	NOUN
fbem-28281	76	126	status	status	NOUN
fbem-28281	76	127	and	and	CCONJ
fbem-28281	76	128	utilization	utilization	NOUN
fbem-28281	76	129	efficiency	efficiency	NOUN
fbem-28281	76	130	can	can	AUX
fbem-28281	76	131	be	be	AUX
fbem-28281	76	132	improved	improve	VERB
fbem-28281	76	133	year	year	NOUN
fbem-28281	76	134	by	by	ADP
fbem-28281	76	135	year	year	NOUN
fbem-28281	76	136	is	be	AUX
fbem-28281	76	137	related	relate	VERB
fbem-28281	76	138	to	to	ADP
fbem-28281	76	139	the	the	DET
fbem-28281	76	140	future	future	ADJ
fbem-28281	76	141	development	development	NOUN
fbem-28281	76	142	and	and	CCONJ
fbem-28281	76	143	growth	growth	NOUN
fbem-28281	76	144	of	of	ADP
fbem-28281	76	145	the	the	DET
fbem-28281	76	146	enterprise	enterprise	NOUN
fbem-28281	76	147	.	.	PUNCT
fbem-28281	77	1	as	as	SCONJ
fbem-28281	77	2	shown	show	VERB
fbem-28281	77	3	in	in	ADP
fbem-28281	77	4	table	table	NOUN
fbem-28281	77	5	2	2	NUM
fbem-28281	77	6	,	,	PUNCT
fbem-28281	77	7	the	the	DET
fbem-28281	77	8	important	important	ADJ
fbem-28281	77	9	growth	growth	NOUN
fbem-28281	77	10	indicator	indicator	NOUN
fbem-28281	77	11	of	of	ADP
fbem-28281	77	12	net	net	ADJ
fbem-28281	77	13	profit	profit	NOUN
fbem-28281	77	14	continued	continue	VERB
fbem-28281	77	15	to	to	PART
fbem-28281	77	16	rise	rise	VERB
fbem-28281	77	17	from	from	ADP
fbem-28281	77	18	2016	2016	NUM
fbem-28281	77	19	to	to	ADP
fbem-28281	77	20	2021	2021	NUM
fbem-28281	77	21	,	,	PUNCT
fbem-28281	77	22	which	which	PRON
fbem-28281	77	23	positively	positively	ADV
fbem-28281	77	24	reflects	reflect	VERB
fbem-28281	77	25	that	that	SCONJ
fbem-28281	77	26	ningde	ningde	NOUN
fbem-28281	77	27	times	time	NOUN
fbem-28281	77	28	is	be	AUX
fbem-28281	77	29	in	in	ADP
fbem-28281	77	30	a	a	DET
fbem-28281	77	31	period	period	NOUN
fbem-28281	77	32	of	of	ADP
fbem-28281	77	33	high	high	ADJ
fbem-28281	77	34	development	development	NOUN
fbem-28281	77	35	and	and	CCONJ
fbem-28281	77	36	growth	growth	NOUN
fbem-28281	77	37	.	.	PUNCT
fbem-28281	78	1	the	the	DET
fbem-28281	78	2	after	after	SCONJ
fbem-28281	78	3	tax	tax	NOUN
fbem-28281	78	4	net	net	ADJ
fbem-28281	78	5	operating	operating	NOUN
fbem-28281	78	6	profit	profit	NOUN
fbem-28281	78	7	also	also	ADV
fbem-28281	78	8	shows	show	VERB
fbem-28281	78	9	an	an	DET
fbem-28281	78	10	upward	upward	ADJ
fbem-28281	78	11	trend	trend	NOUN
fbem-28281	78	12	year	year	NOUN
fbem-28281	78	13	by	by	ADP
fbem-28281	78	14	year	year	NOUN
fbem-28281	78	15	,	,	PUNCT
fbem-28281	78	16	especially	especially	ADV
fbem-28281	78	17	reaching	reach	VERB
fbem-28281	78	18	24.5	24.5	NUM
fbem-28281	78	19	billion	billion	NUM
fbem-28281	78	20	in	in	ADP
fbem-28281	78	21	2021	2021	NUM
fbem-28281	78	22	,	,	PUNCT
fbem-28281	78	23	with	with	ADP
fbem-28281	78	24	a	a	DET
fbem-28281	78	25	year	year	NOUN
fbem-28281	78	26	-	-	PUNCT
fbem-28281	78	27	on	on	ADP
fbem-28281	78	28	-	-	PUNCT
fbem-28281	78	29	year	year	NOUN
fbem-28281	78	30	growth	growth	NOUN
fbem-28281	78	31	rate	rate	NOUN
fbem-28281	78	32	of	of	ADP
fbem-28281	78	33	148	148	NUM
fbem-28281	78	34	%	%	NOUN
fbem-28281	78	35	.	.	PUNCT
fbem-28281	79	1	while	while	SCONJ
fbem-28281	79	2	the	the	DET
fbem-28281	79	3	after	after	SCONJ
fbem-28281	79	4	tax	tax	NOUN
fbem-28281	79	5	net	net	ADJ
fbem-28281	79	6	operating	operating	NOUN
fbem-28281	79	7	profit	profit	NOUN
fbem-28281	79	8	increased	increase	VERB
fbem-28281	79	9	,	,	PUNCT
fbem-28281	79	10	the	the	DET
fbem-28281	79	11	compound	compound	NOUN
fbem-28281	79	12	growth	growth	NOUN
fbem-28281	79	13	rate	rate	NOUN
fbem-28281	79	14	of	of	ADP
fbem-28281	79	15	2.87	2.87	NUM
fbem-28281	79	16	%	%	NOUN
fbem-28281	79	17	demonstrated	demonstrate	VERB
fbem-28281	79	18	the	the	DET
fbem-28281	79	19	company	company	NOUN
fbem-28281	79	20	's	's	PART
fbem-28281	79	21	strong	strong	ADJ
fbem-28281	79	22	future	future	ADJ
fbem-28281	79	23	growth	growth	NOUN
fbem-28281	79	24	ability	ability	NOUN
fbem-28281	79	25	.	.	PUNCT
fbem-28281	80	1	based	base	VERB
fbem-28281	80	2	on	on	ADP
fbem-28281	80	3	the	the	DET
fbem-28281	80	4	above	above	ADJ
fbem-28281	80	5	analysis	analysis	NOUN
fbem-28281	80	6	,	,	PUNCT
fbem-28281	80	7	the	the	DET
fbem-28281	80	8	growth	growth	NOUN
fbem-28281	80	9	trend	trend	NOUN
fbem-28281	80	10	of	of	ADP
fbem-28281	80	11	the	the	DET
fbem-28281	80	12	company	company	NOUN
fbem-28281	80	13	has	have	AUX
fbem-28281	80	14	shown	show	VERB
fbem-28281	80	15	an	an	DET
fbem-28281	80	16	upward	upward	ADJ
fbem-28281	80	17	trend	trend	NOUN
fbem-28281	80	18	from	from	ADP
fbem-28281	80	19	low	low	ADJ
fbem-28281	80	20	to	to	ADP
fbem-28281	80	21	high	high	ADJ
fbem-28281	80	22	since	since	SCONJ
fbem-28281	80	23	2016	2016	NUM
fbem-28281	80	24	,	,	PUNCT
fbem-28281	80	25	indicating	indicate	VERB
fbem-28281	80	26	that	that	SCONJ
fbem-28281	80	27	ningde	ningde	NOUN
fbem-28281	80	28	times	time	NOUN
fbem-28281	80	29	has	have	AUX
fbem-28281	80	30	not	not	PART
fbem-28281	80	31	been	be	AUX
fbem-28281	80	32	affected	affect	VERB
fbem-28281	80	33	by	by	ADP
fbem-28281	80	34	the	the	DET
fbem-28281	80	35	economic	economic	ADJ
fbem-28281	80	36	downturn	downturn	NOUN
fbem-28281	80	37	pressure	pressure	NOUN
fbem-28281	80	38	in	in	ADP
fbem-28281	80	39	recent	recent	ADJ
fbem-28281	80	40	years	year	NOUN
fbem-28281	80	41	in	in	ADP
fbem-28281	80	42	terms	term	NOUN
fbem-28281	80	43	of	of	ADP
fbem-28281	80	44	growth	growth	NOUN
fbem-28281	80	45	ability	ability	NOUN
fbem-28281	80	46	.	.	PUNCT
fbem-28281	81	1	4.2	4.2	NUM
fbem-28281	81	2	.	.	PUNCT
fbem-28281	81	3	calculation	calculation	NOUN
fbem-28281	81	4	of	of	ADP
fbem-28281	81	5	total	total	ADJ
fbem-28281	81	6	capital	capital	NOUN
fbem-28281	81	7	the	the	DET
fbem-28281	81	8	total	total	ADJ
fbem-28281	81	9	amount	amount	NOUN
fbem-28281	81	10	of	of	ADP
fbem-28281	81	11	capital	capital	NOUN
fbem-28281	81	12	investment	investment	NOUN
fbem-28281	81	13	is	be	AUX
fbem-28281	81	14	mainly	mainly	ADV
fbem-28281	81	15	composed	compose	VERB
fbem-28281	81	16	of	of	ADP
fbem-28281	81	17	debt	debt	NOUN
fbem-28281	81	18	capital	capital	NOUN
fbem-28281	81	19	and	and	CCONJ
fbem-28281	81	20	equity	equity	NOUN
fbem-28281	81	21	capital	capital	NOUN
fbem-28281	81	22	.	.	PUNCT
fbem-28281	82	1	the	the	DET
fbem-28281	82	2	calculation	calculation	NOUN
fbem-28281	82	3	formula	formula	NOUN
fbem-28281	82	4	is	be	AUX
fbem-28281	82	5	:	:	PUNCT
fbem-28281	82	6	total	total	ADJ
fbem-28281	82	7	capital	capital	NOUN
fbem-28281	82	8	=	=	NOUN
fbem-28281	82	9	debt	debt	NOUN
fbem-28281	82	10	capital	capital	NOUN
fbem-28281	82	11	+	+	CCONJ
fbem-28281	82	12	equity	equity	NOUN
fbem-28281	82	13	capital	capital	NOUN
fbem-28281	82	14	=	=	PUNCT
fbem-28281	82	15	short	short	ADJ
fbem-28281	82	16	term	term	NOUN
fbem-28281	82	17	borrowings	borrowing	NOUN
fbem-28281	82	18	+	+	CCONJ
fbem-28281	82	19	payable	payable	ADJ
fbem-28281	82	20	bonds	bond	NOUN
fbem-28281	82	21	+	+	CCONJ
fbem-28281	82	22	non	non	ADJ
fbem-28281	82	23	current	current	ADJ
fbem-28281	82	24	liabilities	liability	NOUN
fbem-28281	82	25	due	due	ADJ
fbem-28281	82	26	within	within	ADP
fbem-28281	82	27	one	one	NUM
fbem-28281	82	28	year	year	NOUN
fbem-28281	82	29	+	+	CCONJ
fbem-28281	82	30	long	long	ADJ
fbem-28281	82	31	term	term	NOUN
fbem-28281	82	32	borrowings	borrowing	NOUN
fbem-28281	82	33	+	+	CCONJ
fbem-28281	82	34	common	common	ADJ
fbem-28281	82	35	equity	equity	NOUN
fbem-28281	82	36	+	+	CCONJ
fbem-28281	82	37	minority	minority	NOUN
fbem-28281	82	38	equity	equity	NOUN
fbem-28281	82	39	+	+	CCONJ
fbem-28281	82	40	current	current	ADJ
fbem-28281	82	41	value	value	NOUN
fbem-28281	82	42	of	of	ADP
fbem-28281	82	43	asset	asset	NOUN
fbem-28281	82	44	impairment	impairment	NOUN
fbem-28281	82	45	provision	provision	NOUN
fbem-28281	82	46	+	+	CCONJ
fbem-28281	82	47	research	research	NOUN
fbem-28281	82	48	and	and	CCONJ
fbem-28281	82	49	development	development	NOUN
fbem-28281	82	50	expenses	expense	NOUN
fbem-28281	82	51	+	+	CCONJ
fbem-28281	82	52	balance	balance	NOUN
fbem-28281	82	53	of	of	ADP
fbem-28281	82	54	deferred	deferred	ADJ
fbem-28281	82	55	income	income	NOUN
fbem-28281	82	56	tax	tax	NOUN
fbem-28281	82	57	liabilities	liability	NOUN
fbem-28281	82	58	+	+	CCONJ
fbem-28281	82	59	non	non	ADJ
fbem-28281	82	60	-	-	ADJ
fbem-28281	82	61	operating	operating	ADJ
fbem-28281	82	62	expenses	expense	NOUN
fbem-28281	82	63	balance	balance	NOUN
fbem-28281	82	64	of	of	ADP
fbem-28281	82	65	deferred	deferred	ADJ
fbem-28281	82	66	income	income	NOUN
fbem-28281	82	67	tax	tax	NOUN
fbem-28281	82	68	assets	asset	NOUN
fbem-28281	82	69	non	non	X
fbem-28281	82	70	operating	operate	VERB
fbem-28281	82	71	income	income	NOUN
fbem-28281	83	1	[	[	X
fbem-28281	83	2	4	4	NUM
fbem-28281	83	3	]	]	PUNCT
fbem-28281	83	4	.	.	PUNCT
fbem-28281	84	1	273	273	NUM
fbem-28281	84	2	table	table	NOUN
fbem-28281	84	3	3	3	NUM
fbem-28281	84	4	.	.	X
fbem-28281	84	5	calculation	calculation	NOUN
fbem-28281	84	6	and	and	CCONJ
fbem-28281	84	7	analysis	analysis	NOUN
fbem-28281	84	8	of	of	ADP
fbem-28281	84	9	total	total	ADJ
fbem-28281	84	10	capital	capital	NOUN
fbem-28281	84	11	of	of	ADP
fbem-28281	84	12	catl	catl	NOUN
fbem-28281	84	13	from	from	ADP
fbem-28281	84	14	2016	2016	NUM
fbem-28281	84	15	to	to	ADP
fbem-28281	84	16	2019	2019	NUM
fbem-28281	84	17	unit	unit	NOUN
fbem-28281	84	18	:	:	PUNCT
fbem-28281	84	19	rmb	rmb	VERB
fbem-28281	84	20	100	100	NUM
fbem-28281	84	21	million	million	NUM
fbem-28281	84	22	financial	financial	ADJ
fbem-28281	84	23	index	index	NOUN
fbem-28281	84	24	2021	2021	NUM
fbem-28281	84	25	2020	2020	NUM
fbem-28281	84	26	2019	2019	NUM
fbem-28281	84	27	2018	2018	NUM
fbem-28281	84	28	short	short	ADJ
fbem-28281	84	29	term	term	NOUN
fbem-28281	84	30	loans	loan	NOUN
fbem-28281	84	31	121.20	121.20	NUM
fbem-28281	84	32	63.35	63.35	NUM
fbem-28281	84	33	21.26	21.26	NUM
fbem-28281	84	34	11.80	11.80	NUM
fbem-28281	84	35	payable	payable	ADJ
fbem-28281	84	36	bonds	bond	NOUN
fbem-28281	84	37	158.60	158.60	NUM
fbem-28281	85	1	143.80	143.80	NUM
fbem-28281	85	2	15.08	15.08	NUM
fbem-28281	85	3	0.00	0.00	NUM
fbem-28281	85	4	non	non	ADJ
fbem-28281	85	5	-	-	ADJ
fbem-28281	85	6	current	current	ADJ
fbem-28281	85	7	liabilities	liability	NOUN
fbem-28281	85	8	due	due	ADJ
fbem-28281	85	9	within	within	ADP
fbem-28281	85	10	one	one	NUM
fbem-28281	85	11	year	year	NOUN
fbem-28281	85	12	35.49	35.49	NUM
fbem-28281	85	13	13.49	13.49	NUM
fbem-28281	85	14	10.77	10.77	NUM
fbem-28281	85	15	9.29	9.29	NUM
fbem-28281	85	16	long	long	ADJ
fbem-28281	85	17	term	term	NOUN
fbem-28281	85	18	loans	loan	NOUN
fbem-28281	85	19	221.20	221.20	NUM
fbem-28281	85	20	60.68	60.68	NUM
fbem-28281	85	21	49.81	49.81	NUM
fbem-28281	85	22	34.91	34.91	NUM
fbem-28281	85	23	debt	debt	NOUN
fbem-28281	85	24	capital	capital	NOUN
fbem-28281	85	25	536.49	536.49	NUM
fbem-28281	85	26	281.32	281.32	NUM
fbem-28281	85	27	96.92	96.92	NUM
fbem-28281	85	28	56.00	56.00	NUM
fbem-28281	85	29	common	common	ADJ
fbem-28281	85	30	stock	stock	NOUN
fbem-28281	85	31	equity	equity	NOUN
fbem-28281	85	32	845.10	845.10	NUM
fbem-28281	85	33	642.10	642.10	NUM
fbem-28281	85	34	381.30	381.30	NUM
fbem-28281	85	35	329.40	329.40	NUM
fbem-28281	85	36	minority	minority	NOUN
fbem-28281	85	37	shareholder	shareholder	NOUN
fbem-28281	85	38	equity	equity	NOUN
fbem-28281	85	39	81.09	81.09	NUM
fbem-28281	85	40	49.87	49.87	NUM
fbem-28281	85	41	40.53	40.53	NUM
fbem-28281	85	42	22.62	22.62	NUM
fbem-28281	85	43	add	add	NOUN
fbem-28281	85	44	:	:	PUNCT
fbem-28281	85	45	current	current	ADJ
fbem-28281	85	46	value	value	NOUN
fbem-28281	85	47	of	of	ADP
fbem-28281	85	48	asset	asset	NOUN
fbem-28281	85	49	impairment	impairment	NOUN
fbem-28281	85	50	provision	provision	NOUN
fbem-28281	85	51	20.48	20.48	NUM
fbem-28281	85	52	11.69	11.69	NUM
fbem-28281	85	53	16.70	16.70	NUM
fbem-28281	85	54	9.75	9.75	NUM
fbem-28281	85	55	r&d	r&d	NOUN
fbem-28281	85	56	expenses	expense	VERB
fbem-28281	85	57	76.91	76.91	NUM
fbem-28281	85	58	35.69	35.69	NUM
fbem-28281	85	59	29.92	29.92	NUM
fbem-28281	85	60	19.91	19.91	NUM
fbem-28281	85	61	deferred	defer	VERB
fbem-28281	85	62	income	income	NOUN
fbem-28281	85	63	tax	tax	NOUN
fbem-28281	85	64	liability	liability	NOUN
fbem-28281	85	65	balance	balance	NOUN
fbem-28281	85	66	10.39	10.39	NUM
fbem-28281	85	67	0.86	0.86	NUM
fbem-28281	85	68	0.91	0.91	NUM
fbem-28281	85	69	0.41	0.41	NUM
fbem-28281	85	70	non	non	ADJ
fbem-28281	85	71	-	-	ADJ
fbem-28281	85	72	operating	operating	ADJ
fbem-28281	85	73	expenses	expense	NOUN
fbem-28281	85	74	1.19	1.19	NUM
fbem-28281	85	75	0.71	0.71	NUM
fbem-28281	85	76	0.60	0.60	NUM
fbem-28281	85	77	0.26	0.26	NUM
fbem-28281	85	78	less	less	ADJ
fbem-28281	85	79	:	:	PUNCT
fbem-28281	85	80	deferred	deferred	ADJ
fbem-28281	85	81	tax	tax	NOUN
fbem-28281	85	82	asset	asset	NOUN
fbem-28281	85	83	balance	balance	NOUN
fbem-28281	85	84	55.43	55.43	NUM
fbem-28281	85	85	31.67	31.67	NUM
fbem-28281	85	86	20.79	20.79	NUM
fbem-28281	85	87	12.41	12.41	NUM
fbem-28281	85	88	non	non	ADJ
fbem-28281	85	89	-	-	ADJ
fbem-28281	85	90	operating	operating	ADJ
fbem-28281	85	91	income	income	NOUN
fbem-28281	85	92	1.83	1.83	NUM
fbem-28281	85	93	0.94	0.94	NUM
fbem-28281	85	94	0.62	0.62	NUM
fbem-28281	85	95	0.62	0.62	NUM
fbem-28281	85	96	capitalization	capitalization	NOUN
fbem-28281	85	97	1514.39	1514.39	NUM
fbem-28281	85	98	989.63	989.63	NUM
fbem-28281	85	99	545.47	545.47	NUM
fbem-28281	85	100	425.32	425.32	NUM
fbem-28281	85	101	data	datum	NOUN
fbem-28281	85	102	source	source	NOUN
fbem-28281	85	103	:	:	PUNCT
fbem-28281	85	104	oriental	oriental	ADJ
fbem-28281	85	105	wealth	wealth	NOUN
fbem-28281	85	106	network	network	NOUN
fbem-28281	85	107	according	accord	VERB
fbem-28281	85	108	to	to	ADP
fbem-28281	85	109	the	the	DET
fbem-28281	85	110	data	datum	NOUN
fbem-28281	85	111	analysis	analysis	NOUN
fbem-28281	85	112	in	in	ADP
fbem-28281	85	113	table	table	NOUN
fbem-28281	85	114	3	3	NUM
fbem-28281	85	115	,	,	PUNCT
fbem-28281	85	116	we	we	PRON
fbem-28281	85	117	can	can	AUX
fbem-28281	85	118	clearly	clearly	ADV
fbem-28281	85	119	see	see	VERB
fbem-28281	85	120	that	that	SCONJ
fbem-28281	85	121	equity	equity	NOUN
fbem-28281	85	122	capital	capital	NOUN
fbem-28281	85	123	holds	hold	VERB
fbem-28281	85	124	an	an	DET
fbem-28281	85	125	overwhelming	overwhelming	ADJ
fbem-28281	85	126	advantage	advantage	NOUN
fbem-28281	85	127	in	in	ADP
fbem-28281	85	128	the	the	DET
fbem-28281	85	129	total	total	ADJ
fbem-28281	85	130	assets	asset	NOUN
fbem-28281	85	131	of	of	ADP
fbem-28281	85	132	the	the	DET
fbem-28281	85	133	enterprise	enterprise	NOUN
fbem-28281	85	134	.	.	PUNCT
fbem-28281	86	1	its	its	PRON
fbem-28281	86	2	proportion	proportion	NOUN
fbem-28281	86	3	far	far	ADV
fbem-28281	86	4	exceeds	exceed	VERB
fbem-28281	86	5	the	the	DET
fbem-28281	86	6	proportion	proportion	NOUN
fbem-28281	86	7	of	of	ADP
fbem-28281	86	8	debt	debt	NOUN
fbem-28281	86	9	capital	capital	NOUN
fbem-28281	86	10	.	.	PUNCT
fbem-28281	87	1	although	although	SCONJ
fbem-28281	87	2	the	the	DET
fbem-28281	87	3	proportion	proportion	NOUN
fbem-28281	87	4	of	of	ADP
fbem-28281	87	5	debt	debt	NOUN
fbem-28281	87	6	capital	capital	NOUN
fbem-28281	87	7	has	have	AUX
fbem-28281	87	8	been	be	AUX
fbem-28281	87	9	increasing	increase	VERB
fbem-28281	87	10	every	every	DET
fbem-28281	87	11	year	year	NOUN
fbem-28281	87	12	,	,	PUNCT
fbem-28281	87	13	in	in	ADP
fbem-28281	87	14	sharp	sharp	ADJ
fbem-28281	87	15	contrast	contrast	NOUN
fbem-28281	87	16	,	,	PUNCT
fbem-28281	87	17	the	the	DET
fbem-28281	87	18	proportion	proportion	NOUN
fbem-28281	87	19	of	of	ADP
fbem-28281	87	20	equity	equity	NOUN
fbem-28281	87	21	capital	capital	NOUN
fbem-28281	87	22	seems	seem	VERB
fbem-28281	87	23	to	to	PART
fbem-28281	87	24	be	be	AUX
fbem-28281	87	25	showing	show	VERB
fbem-28281	87	26	a	a	DET
fbem-28281	87	27	downward	downward	ADJ
fbem-28281	87	28	trend	trend	NOUN
fbem-28281	87	29	.	.	PUNCT
fbem-28281	88	1	this	this	DET
fbem-28281	88	2	phenomenon	phenomenon	NOUN
fbem-28281	88	3	may	may	AUX
fbem-28281	88	4	indicate	indicate	VERB
fbem-28281	88	5	that	that	SCONJ
fbem-28281	88	6	although	although	SCONJ
fbem-28281	88	7	debt	debt	NOUN
fbem-28281	88	8	capital	capital	NOUN
fbem-28281	88	9	is	be	AUX
fbem-28281	88	10	increasing	increase	VERB
fbem-28281	88	11	its	its	PRON
fbem-28281	88	12	market	market	NOUN
fbem-28281	88	13	share	share	NOUN
fbem-28281	88	14	,	,	PUNCT
fbem-28281	88	15	it	it	PRON
fbem-28281	88	16	does	do	AUX
fbem-28281	88	17	not	not	PART
fbem-28281	88	18	necessarily	necessarily	ADV
fbem-28281	88	19	mean	mean	VERB
fbem-28281	88	20	that	that	SCONJ
fbem-28281	88	21	its	its	PRON
fbem-28281	88	22	value	value	NOUN
fbem-28281	88	23	and	and	CCONJ
fbem-28281	88	24	importance	importance	NOUN
fbem-28281	88	25	are	be	AUX
fbem-28281	88	26	also	also	ADV
fbem-28281	88	27	increasing	increase	VERB
fbem-28281	88	28	.	.	PUNCT
fbem-28281	89	1	on	on	ADP
fbem-28281	89	2	the	the	DET
fbem-28281	89	3	contrary	contrary	NOUN
fbem-28281	89	4	,	,	PUNCT
fbem-28281	89	5	this	this	PRON
fbem-28281	89	6	may	may	AUX
fbem-28281	89	7	reflect	reflect	VERB
fbem-28281	89	8	different	different	ADJ
fbem-28281	89	9	views	view	NOUN
fbem-28281	89	10	of	of	ADP
fbem-28281	89	11	market	market	NOUN
fbem-28281	89	12	participants	participant	NOUN
fbem-28281	89	13	on	on	ADP
fbem-28281	89	14	the	the	DET
fbem-28281	89	15	company	company	NOUN
fbem-28281	89	16	's	's	PART
fbem-28281	89	17	future	future	ADJ
fbem-28281	89	18	development	development	NOUN
fbem-28281	89	19	prospects	prospect	NOUN
fbem-28281	89	20	,	,	PUNCT
fbem-28281	89	21	or	or	CCONJ
fbem-28281	89	22	the	the	DET
fbem-28281	89	23	result	result	NOUN
fbem-28281	89	24	of	of	ADP
fbem-28281	89	25	capital	capital	NOUN
fbem-28281	89	26	structure	structure	NOUN
fbem-28281	89	27	adjustments	adjustment	NOUN
fbem-28281	89	28	.	.	PUNCT
fbem-28281	90	1	based	base	VERB
fbem-28281	90	2	on	on	ADP
fbem-28281	90	3	the	the	DET
fbem-28281	90	4	average	average	ADJ
fbem-28281	90	5	interest	interest	NOUN
fbem-28281	90	6	-	-	PUNCT
fbem-28281	90	7	bearing	bear	VERB
fbem-28281	90	8	debt	debt	NOUN
fbem-28281	90	9	growth	growth	NOUN
fbem-28281	90	10	rate	rate	NOUN
fbem-28281	90	11	,	,	PUNCT
fbem-28281	90	12	average	average	ADJ
fbem-28281	90	13	owner	owner	NOUN
fbem-28281	90	14	's	's	PART
fbem-28281	90	15	equity	equity	NOUN
fbem-28281	90	16	growth	growth	NOUN
fbem-28281	90	17	rate	rate	NOUN
fbem-28281	90	18	,	,	PUNCT
fbem-28281	90	19	and	and	CCONJ
fbem-28281	90	20	total	total	ADJ
fbem-28281	90	21	capital	capital	NOUN
fbem-28281	90	22	growth	growth	NOUN
fbem-28281	90	23	rate	rate	NOUN
fbem-28281	90	24	in	in	ADP
fbem-28281	90	25	table	table	NOUN
fbem-28281	90	26	6	6	NUM
fbem-28281	90	27	,	,	PUNCT
fbem-28281	90	28	the	the	DET
fbem-28281	90	29	annual	annual	ADJ
fbem-28281	90	30	average	average	ADJ
fbem-28281	90	31	growth	growth	NOUN
fbem-28281	90	32	rates	rate	NOUN
fbem-28281	90	33	from	from	ADP
fbem-28281	90	34	2017	2017	NUM
fbem-28281	90	35	to	to	ADP
fbem-28281	90	36	2021	2021	NUM
fbem-28281	90	37	are	be	AUX
fbem-28281	90	38	calculated	calculate	VERB
fbem-28281	90	39	to	to	PART
fbem-28281	90	40	be	be	AUX
fbem-28281	90	41	81.80	81.80	NUM
fbem-28281	90	42	%	%	NOUN
fbem-28281	90	43	,	,	PUNCT
fbem-28281	90	44	40.16	40.16	NUM
fbem-28281	90	45	%	%	NOUN
fbem-28281	90	46	,	,	PUNCT
fbem-28281	90	47	and	and	CCONJ
fbem-28281	90	48	62.13	62.13	NUM
fbem-28281	90	49	%	%	NOUN
fbem-28281	90	50	,	,	PUNCT
fbem-28281	90	51	respectively	respectively	ADV
fbem-28281	90	52	.	.	PUNCT
fbem-28281	91	1	by	by	ADP
fbem-28281	91	2	calculating	calculate	VERB
fbem-28281	91	3	the	the	DET
fbem-28281	91	4	annual	annual	ADJ
fbem-28281	91	5	average	average	ADJ
fbem-28281	91	6	growth	growth	NOUN
fbem-28281	91	7	rate	rate	NOUN
fbem-28281	91	8	,	,	PUNCT
fbem-28281	91	9	it	it	PRON
fbem-28281	91	10	can	can	AUX
fbem-28281	91	11	be	be	AUX
fbem-28281	91	12	concluded	conclude	VERB
fbem-28281	91	13	that	that	SCONJ
fbem-28281	91	14	the	the	DET
fbem-28281	91	15	growth	growth	NOUN
fbem-28281	91	16	rate	rate	NOUN
fbem-28281	91	17	of	of	ADP
fbem-28281	91	18	total	total	ADJ
fbem-28281	91	19	assets	asset	NOUN
fbem-28281	91	20	is	be	AUX
fbem-28281	91	21	mainly	mainly	ADV
fbem-28281	91	22	influenced	influence	VERB
fbem-28281	91	23	by	by	ADP
fbem-28281	91	24	the	the	DET
fbem-28281	91	25	average	average	ADJ
fbem-28281	91	26	interest	interest	NOUN
fbem-28281	91	27	-	-	PUNCT
fbem-28281	91	28	bearing	bear	VERB
fbem-28281	91	29	liabilities	liability	NOUN
fbem-28281	91	30	,	,	PUNCT
fbem-28281	91	31	that	that	ADV
fbem-28281	91	32	is	is	ADV
fbem-28281	91	33	,	,	PUNCT
fbem-28281	91	34	the	the	DET
fbem-28281	91	35	total	total	ADJ
fbem-28281	91	36	capital	capital	NOUN
fbem-28281	91	37	is	be	AUX
fbem-28281	91	38	more	more	ADV
fbem-28281	91	39	affected	affect	VERB
fbem-28281	91	40	by	by	ADP
fbem-28281	91	41	debt	debt	NOUN
fbem-28281	91	42	capital	capital	NOUN
fbem-28281	91	43	,	,	PUNCT
fbem-28281	91	44	and	and	CCONJ
fbem-28281	91	45	the	the	DET
fbem-28281	91	46	cost	cost	NOUN
fbem-28281	91	47	of	of	ADP
fbem-28281	91	48	debt	debt	NOUN
fbem-28281	91	49	capital	capital	NOUN
fbem-28281	91	50	is	be	AUX
fbem-28281	91	51	lower	low	ADJ
fbem-28281	91	52	than	than	ADP
fbem-28281	91	53	that	that	PRON
fbem-28281	91	54	of	of	ADP
fbem-28281	91	55	equity	equity	NOUN
fbem-28281	91	56	capital	capital	NOUN
fbem-28281	91	57	,	,	PUNCT
fbem-28281	91	58	so	so	CCONJ
fbem-28281	91	59	the	the	DET
fbem-28281	91	60	growth	growth	NOUN
fbem-28281	91	61	cost	cost	NOUN
fbem-28281	91	62	of	of	ADP
fbem-28281	91	63	the	the	DET
fbem-28281	91	64	company	company	NOUN
fbem-28281	91	65	decreases	decrease	VERB
fbem-28281	91	66	.	.	PUNCT
fbem-28281	92	1	in	in	ADP
fbem-28281	92	2	summary	summary	NOUN
fbem-28281	92	3	,	,	PUNCT
fbem-28281	92	4	largescale	largescale	ADJ
fbem-28281	92	5	investment	investment	NOUN
fbem-28281	92	6	has	have	AUX
fbem-28281	92	7	led	lead	VERB
fbem-28281	92	8	to	to	ADP
fbem-28281	92	9	an	an	DET
fbem-28281	92	10	increase	increase	NOUN
fbem-28281	92	11	in	in	ADP
fbem-28281	92	12	the	the	DET
fbem-28281	92	13	proportion	proportion	NOUN
fbem-28281	92	14	of	of	ADP
fbem-28281	92	15	debt	debt	NOUN
fbem-28281	92	16	capital	capital	NOUN
fbem-28281	92	17	investment	investment	NOUN
fbem-28281	92	18	,	,	PUNCT
fbem-28281	92	19	reducing	reduce	VERB
fbem-28281	92	20	the	the	DET
fbem-28281	92	21	company	company	NOUN
fbem-28281	92	22	's	's	PART
fbem-28281	92	23	growth	growth	NOUN
fbem-28281	92	24	costs	cost	NOUN
fbem-28281	92	25	.	.	PUNCT
fbem-28281	93	1	4.3	4.3	NUM
fbem-28281	93	2	.	.	PUNCT
fbem-28281	93	3	weighted	weight	VERB
fbem-28281	93	4	cost	cost	NOUN
fbem-28281	93	5	of	of	ADP
fbem-28281	93	6	capital	capital	NOUN
fbem-28281	93	7	calculation	calculation	NOUN
fbem-28281	93	8	the	the	DET
fbem-28281	93	9	calculation	calculation	NOUN
fbem-28281	93	10	of	of	ADP
fbem-28281	93	11	weighted	weighted	ADJ
fbem-28281	93	12	cost	cost	NOUN
fbem-28281	93	13	of	of	ADP
fbem-28281	93	14	capital	capital	NOUN
fbem-28281	93	15	involves	involve	VERB
fbem-28281	93	16	the	the	DET
fbem-28281	93	17	after	after	ADP
fbem-28281	93	18	tax	tax	NOUN
fbem-28281	93	19	cost	cost	NOUN
fbem-28281	93	20	of	of	ADP
fbem-28281	93	21	debt	debt	NOUN
fbem-28281	93	22	capital	capital	NOUN
fbem-28281	93	23	and	and	CCONJ
fbem-28281	93	24	the	the	DET
fbem-28281	93	25	cost	cost	NOUN
fbem-28281	93	26	of	of	ADP
fbem-28281	93	27	equity	equity	NOUN
fbem-28281	93	28	capital	capital	NOUN
fbem-28281	93	29	.	.	PUNCT
fbem-28281	94	1	among	among	ADP
fbem-28281	94	2	them	they	PRON
fbem-28281	94	3	,	,	PUNCT
fbem-28281	94	4	the	the	DET
fbem-28281	94	5	risk	risk	NOUN
fbem-28281	94	6	-	-	PUNCT
fbem-28281	94	7	free	free	ADJ
fbem-28281	94	8	interest	interest	NOUN
fbem-28281	94	9	rate	rate	NOUN
fbem-28281	94	10	in	in	ADP
fbem-28281	94	11	the	the	DET
fbem-28281	94	12	calculation	calculation	NOUN
fbem-28281	94	13	of	of	ADP
fbem-28281	94	14	the	the	DET
fbem-28281	94	15	cost	cost	NOUN
fbem-28281	94	16	of	of	ADP
fbem-28281	94	17	equity	equity	NOUN
fbem-28281	94	18	capital	capital	NOUN
fbem-28281	94	19	is	be	AUX
fbem-28281	94	20	3.57	3.57	NUM
fbem-28281	94	21	%	%	NOUN
fbem-28281	94	22	of	of	ADP
fbem-28281	94	23	the	the	DET
fbem-28281	94	24	five	five	NUM
fbem-28281	94	25	-	-	PUNCT
fbem-28281	94	26	year	year	NOUN
fbem-28281	94	27	treasury	treasury	NOUN
fbem-28281	94	28	bond	bond	NOUN
fbem-28281	94	29	bond	bond	NOUN
fbem-28281	94	30	issued	issue	VERB
fbem-28281	94	31	on	on	ADP
fbem-28281	94	32	december	december	PROPN
fbem-28281	94	33	31	31	NUM
fbem-28281	94	34	,	,	PUNCT
fbem-28281	94	35	2021	2021	NUM
fbem-28281	94	36	.	.	PUNCT
fbem-28281	95	1	the	the	DET
fbem-28281	95	2	market	market	NOUN
fbem-28281	95	3	risk	risk	NOUN
fbem-28281	95	4	is	be	AUX
fbem-28281	95	5	based	base	VERB
fbem-28281	95	6	on	on	ADP
fbem-28281	95	7	china	china	PROPN
fbem-28281	95	8	's	's	PART
fbem-28281	95	9	gdp	gdp	NOUN
fbem-28281	95	10	growth	growth	NOUN
fbem-28281	95	11	rate	rate	NOUN
fbem-28281	95	12	,	,	PUNCT
fbem-28281	95	13	and	and	CCONJ
fbem-28281	95	14	the	the	DET
fbem-28281	95	15	beta	beta	ADJ
fbem-28281	95	16	value	value	NOUN
fbem-28281	95	17	is	be	AUX
fbem-28281	95	18	obtained	obtain	VERB
fbem-28281	95	19	from	from	ADP
fbem-28281	95	20	the	the	DET
fbem-28281	95	21	wind	wind	NOUN
fbem-28281	95	22	database	database	NOUN
fbem-28281	95	23	;	;	PUNCT
fbem-28281	95	24	in	in	ADP
fbem-28281	95	25	the	the	DET
fbem-28281	95	26	calculation	calculation	NOUN
fbem-28281	95	27	of	of	ADP
fbem-28281	95	28	after	after	ADP
fbem-28281	95	29	tax	tax	NOUN
fbem-28281	95	30	debt	debt	NOUN
fbem-28281	95	31	capital	capital	NOUN
fbem-28281	95	32	cost	cost	NOUN
fbem-28281	95	33	,	,	PUNCT
fbem-28281	95	34	the	the	DET
fbem-28281	95	35	five	five	NUM
fbem-28281	95	36	-	-	PUNCT
fbem-28281	95	37	year	year	NOUN
fbem-28281	95	38	loan	loan	NOUN
fbem-28281	95	39	interest	interest	NOUN
fbem-28281	95	40	rate	rate	NOUN
fbem-28281	95	41	of	of	ADP
fbem-28281	95	42	4.65	4.65	NUM
fbem-28281	95	43	%	%	NOUN
fbem-28281	95	44	issued	issue	VERB
fbem-28281	95	45	by	by	ADP
fbem-28281	95	46	the	the	DET
fbem-28281	95	47	people	people	NOUN
fbem-28281	95	48	's	's	PART
fbem-28281	95	49	bank	bank	PROPN
fbem-28281	95	50	of	of	ADP
fbem-28281	95	51	china	china	PROPN
fbem-28281	95	52	on	on	ADP
fbem-28281	95	53	december	december	PROPN
fbem-28281	95	54	31	31	NUM
fbem-28281	95	55	,	,	PUNCT
fbem-28281	95	56	2021	2021	NUM
fbem-28281	95	57	is	be	AUX
fbem-28281	95	58	taken	take	VERB
fbem-28281	95	59	as	as	ADP
fbem-28281	95	60	the	the	DET
fbem-28281	95	61	debt	debt	NOUN
fbem-28281	95	62	capital	capital	NOUN
fbem-28281	95	63	cost	cost	NOUN
fbem-28281	95	64	.	.	PUNCT
fbem-28281	96	1	the	the	DET
fbem-28281	96	2	formula	formula	NOUN
fbem-28281	96	3	is	be	AUX
fbem-28281	96	4	as	as	SCONJ
fbem-28281	96	5	follows	follow	VERB
fbem-28281	96	6	:	:	PUNCT
fbem-28281	96	7	wacc	wacc	PROPN
fbem-28281	96	8	=	=	PUNCT
fbem-28281	96	9	(	(	PUNCT
fbem-28281	96	10	e	e	NOUN
fbem-28281	96	11	/	/	SYM
fbem-28281	96	12	v	v	NOUN
fbem-28281	96	13	)	)	PUNCT
fbem-28281	96	14	×	×	NOUN
fbem-28281	96	15	re	re	ADP
fbem-28281	96	16	+	+	CCONJ
fbem-28281	96	17	(	(	PUNCT
fbem-28281	96	18	d	d	X
fbem-28281	96	19	/	/	SYM
fbem-28281	96	20	v	v	NOUN
fbem-28281	96	21	)	)	PUNCT
fbem-28281	96	22	×	×	PROPN
fbem-28281	96	23	rd	rd	PROPN
fbem-28281	96	24	×	×	NOUN
fbem-28281	96	25	(	(	PUNCT
fbem-28281	96	26	1	1	NUM
fbem-28281	96	27	-	-	PUNCT
fbem-28281	96	28	tc	tc	NOUN
fbem-28281	96	29	)	)	PUNCT
fbem-28281	96	30	re	re	NOUN
fbem-28281	96	31	=	=	NOUN
fbem-28281	96	32	rf+β	rf+β	ADJ
fbem-28281	96	33	×	×	PROPN
fbem-28281	96	34	(	(	PUNCT
fbem-28281	96	35	rm	rm	NOUN
fbem-28281	96	36	rf	rf	PROPN
fbem-28281	96	37	)	)	PUNCT
fbem-28281	96	38	,	,	PUNCT
fbem-28281	96	39	where	where	SCONJ
fbem-28281	96	40	rf	rf	NOUN
fbem-28281	96	41	is	be	AUX
fbem-28281	96	42	the	the	DET
fbem-28281	96	43	risk	risk	NOUN
fbem-28281	96	44	-	-	PUNCT
fbem-28281	96	45	free	free	ADJ
fbem-28281	96	46	rate	rate	NOUN
fbem-28281	96	47	of	of	ADP
fbem-28281	96	48	return	return	NOUN
fbem-28281	96	49	;	;	PUNCT
fbem-28281	96	50	β	β	X
fbem-28281	96	51	is	be	AUX
fbem-28281	96	52	a	a	DET
fbem-28281	96	53	systemic	systemic	ADJ
fbem-28281	96	54	risk	risk	NOUN
fbem-28281	96	55	in	in	ADP
fbem-28281	96	56	the	the	DET
fbem-28281	96	57	market	market	NOUN
fbem-28281	96	58	;	;	PUNCT
fbem-28281	96	59	rm	rm	PROPN
fbem-28281	96	60	is	be	AUX
fbem-28281	96	61	the	the	DET
fbem-28281	96	62	expected	expect	VERB
fbem-28281	96	63	rate	rate	NOUN
fbem-28281	96	64	of	of	ADP
fbem-28281	96	65	return	return	NOUN
fbem-28281	96	66	for	for	ADP
fbem-28281	96	67	investors	investor	NOUN
fbem-28281	96	68	in	in	ADP
fbem-28281	96	69	the	the	DET
fbem-28281	96	70	market	market	NOUN
fbem-28281	96	71	;	;	PUNCT
fbem-28281	96	72	rm	rm	PROPN
fbem-28281	96	73	rf	rf	NOUN
fbem-28281	96	74	is	be	AUX
fbem-28281	96	75	the	the	DET
fbem-28281	96	76	premium	premium	NOUN
fbem-28281	96	77	required	require	VERB
fbem-28281	96	78	by	by	ADP
fbem-28281	96	79	investors	investor	NOUN
fbem-28281	96	80	to	to	PART
fbem-28281	96	81	bear	bear	VERB
fbem-28281	96	82	risks	risk	NOUN
fbem-28281	96	83	;	;	PUNCT
fbem-28281	96	84	rd	rd	NOUN
fbem-28281	96	85	represents	represent	VERB
fbem-28281	96	86	the	the	DET
fbem-28281	96	87	after	after	ADP
fbem-28281	96	88	tax	tax	NOUN
fbem-28281	96	89	cost	cost	NOUN
fbem-28281	96	90	of	of	ADP
fbem-28281	96	91	debt	debt	NOUN
fbem-28281	96	92	capital	capital	NOUN
fbem-28281	96	93	.	.	PUNCT
fbem-28281	97	1	table	table	NOUN
fbem-28281	97	2	4	4	NUM
fbem-28281	97	3	.	.	PUNCT
fbem-28281	97	4	weighted	weight	VERB
fbem-28281	97	5	cost	cost	NOUN
fbem-28281	97	6	of	of	ADP
fbem-28281	97	7	capital	capital	NOUN
fbem-28281	97	8	calculation	calculation	NOUN
fbem-28281	97	9	and	and	CCONJ
fbem-28281	97	10	analysis	analysis	NOUN
fbem-28281	97	11	of	of	ADP
fbem-28281	97	12	catl	catl	NOUN
fbem-28281	97	13	from	from	ADP
fbem-28281	97	14	2016	2016	NUM
fbem-28281	97	15	to	to	ADP
fbem-28281	97	16	2019	2019	NUM
fbem-28281	97	17	unit	unit	NOUN
fbem-28281	97	18	:	:	PUNCT
fbem-28281	97	19	rmb	rmb	VERB
fbem-28281	97	20	100	100	NUM
fbem-28281	97	21	million	million	NUM
fbem-28281	97	22	index	index	NOUN
fbem-28281	97	23	analysis	analysis	NOUN
fbem-28281	97	24	2021	2021	NUM
fbem-28281	97	25	2020	2020	NUM
fbem-28281	97	26	2019	2019	NUM
fbem-28281	97	27	2018	2018	NUM
fbem-28281	97	28	debt	debt	NOUN
fbem-28281	97	29	capital	capital	NOUN
fbem-28281	97	30	536.49	536.49	NUM
fbem-28281	97	31	281.32	281.32	NUM
fbem-28281	97	32	96.92	96.92	NUM
fbem-28281	97	33	56.00	56.00	NUM
fbem-28281	97	34	equity	equity	NOUN
fbem-28281	97	35	capital	capital	NOUN
fbem-28281	97	36	926.19	926.19	NUM
fbem-28281	97	37	691.97	691.97	NUM
fbem-28281	97	38	421.83	421.83	NUM
fbem-28281	97	39	352.02	352.02	NUM
fbem-28281	97	40	total	total	ADJ
fbem-28281	97	41	capital	capital	NOUN
fbem-28281	97	42	1514.39	1514.39	NUM
fbem-28281	97	43	989.63	989.63	NUM
fbem-28281	97	44	545.47	545.47	NUM
fbem-28281	97	45	425.32	425.32	NUM
fbem-28281	97	46	equity	equity	NOUN
fbem-28281	97	47	capital	capital	NOUN
fbem-28281	97	48	ratio	ratio	NOUN
fbem-28281	97	49	61.16	61.16	NUM
fbem-28281	97	50	%	%	NOUN
fbem-28281	97	51	69.92	69.92	NUM
fbem-28281	97	52	%	%	NOUN
fbem-28281	97	53	77.33	77.33	NUM
fbem-28281	97	54	%	%	NOUN
fbem-28281	97	55	82.77	82.77	NUM
fbem-28281	97	56	%	%	NOUN
fbem-28281	97	57	debt	debt	NOUN
fbem-28281	97	58	capital	capital	NOUN
fbem-28281	97	59	ratio	ratio	NOUN
fbem-28281	97	60	35.43	35.43	NUM
fbem-28281	97	61	%	%	NOUN
fbem-28281	97	62	28.43	28.43	NUM
fbem-28281	97	63	%	%	NOUN
fbem-28281	97	64	17.77	17.77	NUM
fbem-28281	97	65	%	%	NOUN
fbem-28281	97	66	13.17	13.17	NUM
fbem-28281	97	67	%	%	NOUN
fbem-28281	97	68	risk	risk	NOUN
fbem-28281	97	69	-	-	PUNCT
fbem-28281	97	70	free	free	ADJ
fbem-28281	97	71	interest	interest	NOUN
fbem-28281	97	72	rate	rate	NOUN
fbem-28281	97	73	3.57	3.57	NUM
fbem-28281	97	74	%	%	NOUN
fbem-28281	97	75	3.57	3.57	NUM
fbem-28281	97	76	%	%	NOUN
fbem-28281	97	77	3.57	3.57	NUM
fbem-28281	97	78	%	%	NOUN
fbem-28281	97	79	3.57	3.57	NUM
fbem-28281	97	80	%	%	NOUN
fbem-28281	97	81	market	market	NOUN
fbem-28281	97	82	risk	risk	NOUN
fbem-28281	97	83	interest	interest	NOUN
fbem-28281	97	84	rate	rate	NOUN
fbem-28281	97	85	8.10	8.10	NUM
fbem-28281	97	86	%	%	NOUN
fbem-28281	97	87	2.20	2.20	NUM
fbem-28281	97	88	%	%	NOUN
fbem-28281	97	89	6.10	6.10	NUM
fbem-28281	97	90	%	%	NOUN
fbem-28281	97	91	6.70	6.70	NUM
fbem-28281	97	92	%	%	NOUN
fbem-28281	97	93	β	β	NOUN
fbem-28281	97	94	1.16	1.16	NUM
fbem-28281	97	95	1.16	1.16	NUM
fbem-28281	97	96	1.16	1.16	NUM
fbem-28281	97	97	1.16	1.16	NUM
fbem-28281	97	98	cost	cost	NOUN
fbem-28281	97	99	of	of	ADP
fbem-28281	97	100	equity	equity	NOUN
fbem-28281	97	101	capital	capital	NOUN
fbem-28281	97	102	8.82	8.82	NUM
fbem-28281	97	103	%	%	NOUN
fbem-28281	97	104	1.98	1.98	NUM
fbem-28281	97	105	%	%	NOUN
fbem-28281	97	106	6.50	6.50	NUM
fbem-28281	97	107	%	%	NOUN
fbem-28281	97	108	7.20	7.20	NUM
fbem-28281	97	109	%	%	NOUN
fbem-28281	97	110	debt	debt	NOUN
fbem-28281	97	111	capital	capital	NOUN
fbem-28281	97	112	cost	cost	VERB
fbem-28281	97	113	4.65	4.65	NUM
fbem-28281	97	114	%	%	NOUN
fbem-28281	97	115	4.65	4.65	NUM
fbem-28281	97	116	%	%	NOUN
fbem-28281	97	117	4.65	4.65	NUM
fbem-28281	97	118	%	%	NOUN
fbem-28281	97	119	4.65	4.65	NUM
fbem-28281	97	120	%	%	NOUN
fbem-28281	97	121	after	after	ADP
fbem-28281	97	122	-	-	PUNCT
fbem-28281	97	123	tax	tax	NOUN
fbem-28281	97	124	cost	cost	NOUN
fbem-28281	97	125	of	of	ADP
fbem-28281	97	126	debt	debt	NOUN
fbem-28281	97	127	3.95	3.95	NUM
fbem-28281	97	128	%	%	NOUN
fbem-28281	97	129	3.95	3.95	NUM
fbem-28281	97	130	%	%	NOUN
fbem-28281	97	131	3.95	3.95	NUM
fbem-28281	97	132	%	%	NOUN
fbem-28281	97	133	3.95	3.95	NUM
fbem-28281	97	134	%	%	NOUN
fbem-28281	97	135	weighted	weight	VERB
fbem-28281	97	136	average	average	ADJ
fbem-28281	97	137	cost	cost	NOUN
fbem-28281	97	138	of	of	ADP
fbem-28281	97	139	capital	capital	NOUN
fbem-28281	97	140	7.04	7.04	NUM
fbem-28281	97	141	%	%	NOUN
fbem-28281	97	142	2.71	2.71	NUM
fbem-28281	97	143	%	%	NOUN
fbem-28281	97	144	5.86	5.86	NUM
fbem-28281	97	145	%	%	NOUN
fbem-28281	97	146	6.57	6.57	NUM
fbem-28281	97	147	%	%	NOUN
fbem-28281	97	148	data	datum	NOUN
fbem-28281	97	149	source	source	NOUN
fbem-28281	97	150	:	:	PUNCT
fbem-28281	97	151	oriental	oriental	ADJ
fbem-28281	97	152	wealth	wealth	NOUN
fbem-28281	97	153	network	network	NOUN
fbem-28281	97	154	from	from	ADP
fbem-28281	97	155	the	the	DET
fbem-28281	97	156	data	datum	NOUN
fbem-28281	97	157	in	in	ADP
fbem-28281	97	158	table	table	NOUN
fbem-28281	97	159	4	4	NUM
fbem-28281	97	160	,	,	PUNCT
fbem-28281	97	161	it	it	PRON
fbem-28281	97	162	is	be	AUX
fbem-28281	97	163	found	find	VERB
fbem-28281	97	164	that	that	SCONJ
fbem-28281	97	165	the	the	DET
fbem-28281	97	166	weighted	weight	VERB
fbem-28281	97	167	average	average	ADJ
fbem-28281	97	168	cost	cost	NOUN
fbem-28281	97	169	of	of	ADP
fbem-28281	97	170	capital	capital	NOUN
fbem-28281	97	171	of	of	ADP
fbem-28281	97	172	catl	catl	NOUN
fbem-28281	97	173	has	have	AUX
fbem-28281	97	174	shown	show	VERB
fbem-28281	97	175	an	an	DET
fbem-28281	97	176	overall	overall	ADJ
fbem-28281	97	177	downward	downward	ADJ
fbem-28281	97	178	trend	trend	NOUN
fbem-28281	97	179	.	.	PUNCT
fbem-28281	98	1	in	in	ADP
fbem-28281	98	2	today	today	NOUN
fbem-28281	98	3	's	's	PART
fbem-28281	98	4	fierce	fierce	ADJ
fbem-28281	98	5	business	business	NOUN
fbem-28281	98	6	environment	environment	NOUN
fbem-28281	98	7	,	,	PUNCT
fbem-28281	98	8	weighted	weight	VERB
fbem-28281	98	9	average	average	ADJ
fbem-28281	98	10	cost	cost	NOUN
fbem-28281	98	11	of	of	ADP
fbem-28281	98	12	capital	capital	NOUN
fbem-28281	98	13	(	(	PUNCT
fbem-28281	98	14	wacc	wacc	PROPN
fbem-28281	98	15	)	)	PUNCT
fbem-28281	98	16	is	be	AUX
fbem-28281	98	17	one	one	NUM
fbem-28281	98	18	of	of	ADP
fbem-28281	98	19	the	the	DET
fbem-28281	98	20	important	important	ADJ
fbem-28281	98	21	indicators	indicator	NOUN
fbem-28281	98	22	for	for	ADP
fbem-28281	98	23	measuring	measure	VERB
fbem-28281	98	24	a	a	DET
fbem-28281	98	25	company	company	NOUN
fbem-28281	98	26	's	's	PART
fbem-28281	98	27	capital	capital	NOUN
fbem-28281	98	28	structure	structure	NOUN
fbem-28281	98	29	and	and	CCONJ
fbem-28281	98	30	financing	financing	NOUN
fbem-28281	98	31	costs	cost	NOUN
fbem-28281	98	32	,	,	PUNCT
fbem-28281	98	33	and	and	CCONJ
fbem-28281	98	34	its	its	PRON
fbem-28281	98	35	lower	low	ADJ
fbem-28281	98	36	value	value	NOUN
fbem-28281	98	37	is	be	AUX
fbem-28281	98	38	often	often	ADV
fbem-28281	98	39	seen	see	VERB
fbem-28281	98	40	as	as	ADP
fbem-28281	98	41	a	a	DET
fbem-28281	98	42	positive	positive	ADJ
fbem-28281	98	43	signal	signal	NOUN
fbem-28281	98	44	.	.	PUNCT
fbem-28281	99	1	this	this	PRON
fbem-28281	99	2	not	not	PART
fbem-28281	99	3	only	only	ADV
fbem-28281	99	4	indicates	indicate	VERB
fbem-28281	99	5	the	the	DET
fbem-28281	99	6	relatively	relatively	ADV
fbem-28281	99	7	low	low	ADJ
fbem-28281	99	8	cost	cost	NOUN
fbem-28281	99	9	faced	face	VERB
fbem-28281	99	10	by	by	ADP
fbem-28281	99	11	enterprises	enterprise	NOUN
fbem-28281	99	12	in	in	ADP
fbem-28281	99	13	raising	raise	VERB
fbem-28281	99	14	funds	fund	NOUN
fbem-28281	99	15	,	,	PUNCT
fbem-28281	99	16	but	but	CCONJ
fbem-28281	99	17	also	also	ADV
fbem-28281	99	18	reflects	reflect	VERB
fbem-28281	99	19	the	the	DET
fbem-28281	99	20	relatively	relatively	ADV
fbem-28281	99	21	small	small	ADJ
fbem-28281	99	22	capital	capital	NOUN
fbem-28281	99	23	investment	investment	NOUN
fbem-28281	99	24	required	require	VERB
fbem-28281	99	25	for	for	ADP
fbem-28281	99	26	enterprises	enterprise	NOUN
fbem-28281	99	27	to	to	PART
fbem-28281	99	28	pursue	pursue	VERB
fbem-28281	99	29	the	the	DET
fbem-28281	99	30	same	same	ADJ
fbem-28281	99	31	profit	profit	NOUN
fbem-28281	99	32	goals	goal	NOUN
fbem-28281	99	33	.	.	PUNCT
fbem-28281	100	1	this	this	DET
fbem-28281	100	2	financial	financial	ADJ
fbem-28281	100	3	situation	situation	NOUN
fbem-28281	100	4	usually	usually	ADV
fbem-28281	100	5	means	mean	VERB
fbem-28281	100	6	that	that	SCONJ
fbem-28281	100	7	the	the	DET
fbem-28281	100	8	company	company	NOUN
fbem-28281	100	9	has	have	VERB
fbem-28281	100	10	strong	strong	ADJ
fbem-28281	100	11	control	control	NOUN
fbem-28281	100	12	over	over	ADP
fbem-28281	100	13	costs	cost	NOUN
fbem-28281	100	14	and	and	CCONJ
fbem-28281	100	15	expenses	expense	NOUN
fbem-28281	100	16	,	,	PUNCT
fbem-28281	100	17	can	can	AUX
fbem-28281	100	18	effectively	effectively	ADV
fbem-28281	100	19	manage	manage	VERB
fbem-28281	100	20	and	and	CCONJ
fbem-28281	100	21	reduce	reduce	VERB
fbem-28281	100	22	various	various	ADJ
fbem-28281	100	23	expenses	expense	NOUN
fbem-28281	100	24	in	in	ADP
fbem-28281	100	25	the	the	DET
fbem-28281	100	26	operation	operation	NOUN
fbem-28281	100	27	process	process	NOUN
fbem-28281	100	28	,	,	PUNCT
fbem-28281	100	29	and	and	CCONJ
fbem-28281	100	30	can	can	AUX
fbem-28281	100	31	maintain	maintain	VERB
fbem-28281	100	32	sustained	sustained	ADJ
fbem-28281	100	33	growth	growth	NOUN
fbem-28281	100	34	in	in	ADP
fbem-28281	100	35	profitability	profitability	NOUN
fbem-28281	100	36	.	.	PUNCT
fbem-28281	101	1	in	in	ADP
fbem-28281	101	2	addition	addition	NOUN
fbem-28281	101	3	,	,	PUNCT
fbem-28281	101	4	a	a	DET
fbem-28281	101	5	company	company	NOUN
fbem-28281	101	6	with	with	ADP
fbem-28281	101	7	a	a	DET
fbem-28281	101	8	good	good	ADJ
fbem-28281	101	9	wacc	wacc	PROPN
fbem-28281	101	10	is	be	AUX
fbem-28281	101	11	often	often	ADV
fbem-28281	101	12	seen	see	VERB
fbem-28281	101	13	by	by	ADP
fbem-28281	101	14	the	the	DET
fbem-28281	101	15	outside	outside	ADJ
fbem-28281	101	16	world	world	NOUN
fbem-28281	101	17	as	as	ADP
fbem-28281	101	18	a	a	DET
fbem-28281	101	19	trustworthy	trustworthy	ADJ
fbem-28281	101	20	and	and	CCONJ
fbem-28281	101	21	long	long	ADJ
fbem-28281	101	22	-	-	PUNCT
fbem-28281	101	23	term	term	NOUN
fbem-28281	101	24	partner	partner	NOUN
fbem-28281	101	25	,	,	PUNCT
fbem-28281	101	26	demonstrating	demonstrate	VERB
fbem-28281	101	27	its	its	PRON
fbem-28281	101	28	management	management	NOUN
fbem-28281	101	29	's	's	PART
fbem-28281	101	30	emphasis	emphasis	NOUN
fbem-28281	101	31	on	on	ADP
fbem-28281	101	32	risk	risk	NOUN
fbem-28281	101	33	management	management	NOUN
fbem-28281	101	34	and	and	CCONJ
fbem-28281	101	35	financial	financial	ADJ
fbem-28281	101	36	health	health	NOUN
fbem-28281	101	37	,	,	PUNCT
fbem-28281	101	38	thereby	thereby	ADV
fbem-28281	101	39	establishing	establish	VERB
fbem-28281	101	40	a	a	DET
fbem-28281	101	41	positive	positive	ADJ
fbem-28281	101	42	and	and	CCONJ
fbem-28281	101	43	reliable	reliable	ADJ
fbem-28281	101	44	brand	brand	NOUN
fbem-28281	101	45	image	image	NOUN
fbem-28281	101	46	within	within	ADP
fbem-28281	101	47	and	and	CCONJ
fbem-28281	101	48	outside	outside	ADP
fbem-28281	101	49	the	the	DET
fbem-28281	101	50	industry	industry	NOUN
fbem-28281	101	51	.	.	PUNCT
fbem-28281	102	1	[	[	X
fbem-28281	102	2	5	5	NUM
fbem-28281	102	3	]	]	PUNCT
fbem-28281	102	4	furthermore	furthermore	ADV
fbem-28281	102	5	,	,	PUNCT
fbem-28281	102	6	a	a	DET
fbem-28281	102	7	low	low	ADJ
fbem-28281	102	8	wacc	wacc	PROPN
fbem-28281	102	9	level	level	NOUN
fbem-28281	102	10	also	also	ADV
fbem-28281	102	11	helps	help	VERB
fbem-28281	102	12	to	to	PART
fbem-28281	102	13	enhance	enhance	VERB
fbem-28281	102	14	the	the	DET
fbem-28281	102	15	attractiveness	attractiveness	NOUN
fbem-28281	102	16	of	of	ADP
fbem-28281	102	17	enterprises	enterprise	NOUN
fbem-28281	102	18	in	in	ADP
fbem-28281	102	19	the	the	DET
fbem-28281	102	20	capital	capital	NOUN
fbem-28281	102	21	market	market	NOUN
fbem-28281	102	22	.	.	PUNCT
fbem-28281	103	1	with	with	ADP
fbem-28281	103	2	the	the	DET
fbem-28281	103	3	increasing	increase	VERB
fbem-28281	103	4	demand	demand	NOUN
fbem-28281	103	5	for	for	ADP
fbem-28281	103	6	high	high	ADJ
fbem-28281	103	7	-	-	PUNCT
fbem-28281	103	8	quality	quality	NOUN
fbem-28281	103	9	and	and	CCONJ
fbem-28281	103	10	low	low	ADJ
fbem-28281	103	11	-	-	PUNCT
fbem-28281	103	12	cost	cost	NOUN
fbem-28281	103	13	financing	financing	NOUN
fbem-28281	103	14	in	in	ADP
fbem-28281	103	15	the	the	DET
fbem-28281	103	16	market	market	NOUN
fbem-28281	103	17	,	,	PUNCT
fbem-28281	103	18	companies	company	NOUN
fbem-28281	103	19	that	that	PRON
fbem-28281	103	20	can	can	AUX
fbem-28281	103	21	finance	finance	VERB
fbem-28281	103	22	at	at	ADP
fbem-28281	103	23	lower	low	ADJ
fbem-28281	103	24	capital	capital	NOUN
fbem-28281	103	25	costs	cost	NOUN
fbem-28281	103	26	will	will	AUX
fbem-28281	103	27	have	have	VERB
fbem-28281	103	28	more	more	ADJ
fbem-28281	103	29	development	development	NOUN
fbem-28281	103	30	opportunities	opportunity	NOUN
fbem-28281	103	31	and	and	CCONJ
fbem-28281	103	32	274	274	NUM
fbem-28281	103	33	attract	attract	VERB
fbem-28281	103	34	more	more	ADJ
fbem-28281	103	35	investment	investment	NOUN
fbem-28281	103	36	.	.	PUNCT
fbem-28281	104	1	4.4	4.4	NUM
fbem-28281	104	2	.	.	PUNCT
fbem-28281	105	1	eva	eva	NOUN
fbem-28281	105	2	calculation	calculation	NOUN
fbem-28281	105	3	according	accord	VERB
fbem-28281	105	4	to	to	ADP
fbem-28281	105	5	the	the	DET
fbem-28281	105	6	formula	formula	NOUN
fbem-28281	105	7	,	,	PUNCT
fbem-28281	105	8	several	several	ADJ
fbem-28281	105	9	important	important	ADJ
fbem-28281	105	10	components	component	NOUN
fbem-28281	105	11	of	of	ADP
fbem-28281	105	12	eva	eva	NOUN
fbem-28281	105	13	have	have	AUX
fbem-28281	105	14	been	be	AUX
fbem-28281	105	15	calculated	calculate	VERB
fbem-28281	105	16	.	.	PUNCT
fbem-28281	106	1	below	below	ADV
fbem-28281	106	2	,	,	PUNCT
fbem-28281	106	3	eva	eva	PROPN
fbem-28281	106	4	from	from	ADP
fbem-28281	106	5	2016	2016	NUM
fbem-28281	106	6	to	to	ADP
fbem-28281	106	7	2021	2021	NUM
fbem-28281	106	8	is	be	AUX
fbem-28281	106	9	calculated	calculate	VERB
fbem-28281	106	10	based	base	VERB
fbem-28281	106	11	on	on	ADP
fbem-28281	106	12	indicators	indicator	NOUN
fbem-28281	106	13	such	such	ADJ
fbem-28281	106	14	as	as	ADP
fbem-28281	106	15	after	after	ADP
fbem-28281	106	16	tax	tax	NOUN
fbem-28281	106	17	net	net	ADJ
fbem-28281	106	18	operating	operating	NOUN
fbem-28281	106	19	profit	profit	NOUN
fbem-28281	106	20	,	,	PUNCT
fbem-28281	106	21	adjusted	adjusted	ADJ
fbem-28281	106	22	capital	capital	NOUN
fbem-28281	106	23	,	,	PUNCT
fbem-28281	106	24	average	average	ADJ
fbem-28281	106	25	cost	cost	NOUN
fbem-28281	106	26	of	of	ADP
fbem-28281	106	27	capital	capital	NOUN
fbem-28281	106	28	ratio	ratio	NOUN
fbem-28281	106	29	,	,	PUNCT
fbem-28281	106	30	and	and	CCONJ
fbem-28281	106	31	cost	cost	NOUN
fbem-28281	106	32	of	of	ADP
fbem-28281	106	33	capital	capital	NOUN
fbem-28281	106	34	.	.	PUNCT
fbem-28281	107	1	guiding	guide	VERB
fbem-28281	107	2	explanation	explanation	NOUN
fbem-28281	107	3	for	for	ADP
fbem-28281	107	4	the	the	DET
fbem-28281	107	5	following	follow	VERB
fbem-28281	107	6	table	table	NOUN
fbem-28281	107	7	:	:	PUNCT
fbem-28281	107	8	"	"	PUNCT
fbem-28281	107	9	average	average	ADJ
fbem-28281	107	10	owner	owner	NOUN
fbem-28281	107	11	's	's	PART
fbem-28281	107	12	equity	equity	NOUN
fbem-28281	107	13	"	"	PUNCT
fbem-28281	107	14	is	be	AUX
fbem-28281	107	15	obtained	obtain	VERB
fbem-28281	107	16	by	by	ADP
fbem-28281	107	17	dividing	divide	VERB
fbem-28281	107	18	the	the	DET
fbem-28281	107	19	beginning	beginning	NOUN
fbem-28281	107	20	and	and	CCONJ
fbem-28281	107	21	end	end	VERB
fbem-28281	107	22	owner	owner	NOUN
fbem-28281	107	23	's	's	PART
fbem-28281	107	24	equity	equity	NOUN
fbem-28281	107	25	by	by	ADP
fbem-28281	107	26	two	two	NUM
fbem-28281	107	27	,	,	PUNCT
fbem-28281	107	28	and	and	CCONJ
fbem-28281	107	29	the	the	DET
fbem-28281	107	30	same	same	ADJ
fbem-28281	107	31	applies	apply	VERB
fbem-28281	107	32	to	to	ADP
fbem-28281	107	33	average	average	ADJ
fbem-28281	107	34	liabilities	liability	NOUN
fbem-28281	107	35	;	;	PUNCT
fbem-28281	107	36	the	the	DET
fbem-28281	107	37	term	term	NOUN
fbem-28281	107	38	'	'	PUNCT
fbem-28281	107	39	construction	construction	NOUN
fbem-28281	107	40	in	in	ADP
fbem-28281	107	41	progress	progress	NOUN
fbem-28281	107	42	'	'	PUNCT
fbem-28281	107	43	comes	come	VERB
fbem-28281	107	44	from	from	ADP
fbem-28281	107	45	the	the	DET
fbem-28281	107	46	company	company	NOUN
fbem-28281	107	47	's	's	PART
fbem-28281	107	48	balance	balance	NOUN
fbem-28281	107	49	sheet	sheet	NOUN
fbem-28281	107	50	.	.	PUNCT
fbem-28281	108	1	[	[	X
fbem-28281	108	2	6	6	NUM
fbem-28281	108	3	]	]	PUNCT
fbem-28281	108	4	to	to	PART
fbem-28281	108	5	demonstrate	demonstrate	VERB
fbem-28281	108	6	the	the	DET
fbem-28281	108	7	growth	growth	NOUN
fbem-28281	108	8	potential	potential	NOUN
fbem-28281	108	9	of	of	ADP
fbem-28281	108	10	ningde	ningde	PROPN
fbem-28281	108	11	era	era	NOUN
fbem-28281	108	12	,	,	PUNCT
fbem-28281	108	13	the	the	DET
fbem-28281	108	14	final	final	ADJ
fbem-28281	108	15	data	datum	NOUN
fbem-28281	108	16	calculation	calculation	NOUN
fbem-28281	108	17	of	of	ADP
fbem-28281	108	18	eva	eva	NOUN
fbem-28281	108	19	is	be	AUX
fbem-28281	108	20	carried	carry	VERB
fbem-28281	108	21	out	out	ADP
fbem-28281	108	22	.	.	PUNCT
fbem-28281	109	1	table	table	NOUN
fbem-28281	109	2	8	8	NUM
fbem-28281	109	3	shows	show	VERB
fbem-28281	109	4	the	the	DET
fbem-28281	109	5	data	datum	NOUN
fbem-28281	109	6	of	of	ADP
fbem-28281	109	7	eva	eva	PROPN
fbem-28281	109	8	from	from	ADP
fbem-28281	109	9	2018	2018	NUM
fbem-28281	109	10	to	to	ADP
fbem-28281	109	11	2021	2021	NUM
fbem-28281	109	12	.	.	PUNCT
fbem-28281	110	1	eva	eva	PROPN
fbem-28281	110	2	=	=	NOUN
fbem-28281	110	3	nopat	nopat	PROPN
fbem-28281	110	4	-	-	PUNCT
fbem-28281	110	5	tc	tc	PROPN
fbem-28281	110	6	×	×	PROPN
fbem-28281	110	7	wacc	wacc	PROPN
fbem-28281	110	8	,	,	PUNCT
fbem-28281	110	9	the	the	DET
fbem-28281	110	10	specific	specific	ADJ
fbem-28281	110	11	calculation	calculation	NOUN
fbem-28281	110	12	process	process	NOUN
fbem-28281	110	13	is	be	AUX
fbem-28281	110	14	shown	show	VERB
fbem-28281	110	15	in	in	ADP
fbem-28281	110	16	the	the	DET
fbem-28281	110	17	table	table	NOUN
fbem-28281	110	18	below	below	ADV
fbem-28281	110	19	:	:	PUNCT
fbem-28281	110	20	table	table	NOUN
fbem-28281	110	21	5	5	NUM
fbem-28281	110	22	.	.	PUNCT
fbem-28281	110	23	eva	eva	NOUN
fbem-28281	110	24	calculation	calculation	NOUN
fbem-28281	110	25	and	and	CCONJ
fbem-28281	110	26	analysis	analysis	NOUN
fbem-28281	110	27	table	table	NOUN
fbem-28281	110	28	of	of	ADP
fbem-28281	110	29	catl	catl	NOUN
fbem-28281	110	30	from	from	ADP
fbem-28281	110	31	2016	2016	NUM
fbem-28281	110	32	to	to	ADP
fbem-28281	110	33	2019	2019	NUM
fbem-28281	110	34	unit	unit	NOUN
fbem-28281	110	35	:	:	PUNCT
fbem-28281	110	36	billion	billion	NUM
fbem-28281	110	37	yuan	yuan	NOUN
fbem-28281	110	38	index	index	NOUN
fbem-28281	110	39	analysis	analysis	NOUN
fbem-28281	110	40	2021	2021	NUM
fbem-28281	110	41	2020	2020	NUM
fbem-28281	110	42	2019	2019	NUM
fbem-28281	110	43	2018	2018	NUM
fbem-28281	110	44	after	after	ADP
fbem-28281	110	45	tax	tax	NOUN
fbem-28281	110	46	operating	operating	NOUN
fbem-28281	110	47	profit	profit	NOUN
fbem-28281	110	48	250.58	250.58	NUM
fbem-28281	110	49	91.63	91.63	NUM
fbem-28281	110	50	86.29	86.29	NUM
fbem-28281	110	51	60.65	60.65	NUM
fbem-28281	110	52	total	total	ADJ
fbem-28281	110	53	capital	capital	NOUN
fbem-28281	110	54	1514.39	1514.39	NUM
fbem-28281	110	55	989.63	989.63	NUM
fbem-28281	110	56	545.47	545.47	NUM
fbem-28281	110	57	425.32	425.32	NUM
fbem-28281	110	58	weighted	weighted	ADJ
fbem-28281	110	59	cost	cost	NOUN
fbem-28281	110	60	of	of	ADP
fbem-28281	110	61	capital	capital	NOUN
fbem-28281	110	62	7.04	7.04	NUM
fbem-28281	110	63	%	%	NOUN
fbem-28281	110	64	2.71	2.71	NUM
fbem-28281	110	65	%	%	NOUN
fbem-28281	110	66	5.86	5.86	NUM
fbem-28281	110	67	%	%	NOUN
fbem-28281	110	68	6.57	6.57	NUM
fbem-28281	110	69	%	%	NOUN
fbem-28281	110	70	eva	eva	PROPN
fbem-28281	110	71	143.90	143.90	NUM
fbem-28281	110	72	64.84	64.84	NUM
fbem-28281	110	73	54.34	54.34	NUM
fbem-28281	110	74	32.70	32.70	NUM
fbem-28281	110	75	data	datum	NOUN
fbem-28281	110	76	source	source	NOUN
fbem-28281	110	77	:	:	PUNCT
fbem-28281	110	78	oriental	oriental	ADJ
fbem-28281	110	79	wealth	wealth	NOUN
fbem-28281	110	80	network	network	NOUN
fbem-28281	110	81	from	from	ADP
fbem-28281	110	82	the	the	DET
fbem-28281	110	83	calculation	calculation	NOUN
fbem-28281	110	84	results	result	NOUN
fbem-28281	110	85	of	of	ADP
fbem-28281	110	86	eva	eva	PROPN
fbem-28281	110	87	,	,	PUNCT
fbem-28281	110	88	it	it	PRON
fbem-28281	110	89	can	can	AUX
fbem-28281	110	90	be	be	AUX
fbem-28281	110	91	seen	see	VERB
fbem-28281	110	92	that	that	SCONJ
fbem-28281	110	93	the	the	DET
fbem-28281	110	94	company	company	NOUN
fbem-28281	110	95	's	's	PART
fbem-28281	110	96	after	after	SCONJ
fbem-28281	110	97	tax	tax	NOUN
fbem-28281	110	98	net	net	ADJ
fbem-28281	110	99	profit	profit	NOUN
fbem-28281	110	100	has	have	AUX
fbem-28281	110	101	been	be	AUX
fbem-28281	110	102	continuously	continuously	ADV
fbem-28281	110	103	increasing	increase	VERB
fbem-28281	110	104	from	from	ADP
fbem-28281	110	105	2018	2018	NUM
fbem-28281	110	106	to	to	ADP
fbem-28281	110	107	2021	2021	NUM
fbem-28281	110	108	,	,	PUNCT
fbem-28281	110	109	and	and	CCONJ
fbem-28281	110	110	the	the	DET
fbem-28281	110	111	company	company	NOUN
fbem-28281	110	112	's	's	PART
fbem-28281	110	113	operating	operating	NOUN
fbem-28281	110	114	performance	performance	NOUN
fbem-28281	110	115	has	have	AUX
fbem-28281	110	116	also	also	ADV
fbem-28281	110	117	been	be	AUX
fbem-28281	110	118	continuously	continuously	ADV
fbem-28281	110	119	growing	grow	VERB
fbem-28281	110	120	.	.	PUNCT
fbem-28281	111	1	the	the	DET
fbem-28281	111	2	eva	eva	NOUN
fbem-28281	111	3	value	value	NOUN
fbem-28281	111	4	has	have	AUX
fbem-28281	111	5	always	always	ADV
fbem-28281	111	6	been	be	AUX
fbem-28281	111	7	positive	positive	ADJ
fbem-28281	111	8	,	,	PUNCT
fbem-28281	111	9	but	but	CCONJ
fbem-28281	111	10	the	the	DET
fbem-28281	111	11	weighted	weight	VERB
fbem-28281	111	12	cost	cost	NOUN
fbem-28281	111	13	of	of	ADP
fbem-28281	111	14	capital	capital	NOUN
fbem-28281	111	15	is	be	AUX
fbem-28281	111	16	very	very	ADV
fbem-28281	111	17	high	high	ADJ
fbem-28281	111	18	.	.	PUNCT
fbem-28281	112	1	in	in	ADP
fbem-28281	112	2	china	china	PROPN
fbem-28281	112	3	,	,	PUNCT
fbem-28281	112	4	with	with	ADP
fbem-28281	112	5	the	the	DET
fbem-28281	112	6	continuous	continuous	ADJ
fbem-28281	112	7	promotion	promotion	NOUN
fbem-28281	112	8	and	and	CCONJ
fbem-28281	112	9	deepening	deepening	NOUN
fbem-28281	112	10	of	of	ADP
fbem-28281	112	11	the	the	DET
fbem-28281	112	12	slogan	slogan	NOUN
fbem-28281	112	13	of	of	ADP
fbem-28281	112	14	"	"	PUNCT
fbem-28281	112	15	environmentally	environmentally	ADV
fbem-28281	112	16	friendly	friendly	ADJ
fbem-28281	112	17	travel	travel	NOUN
fbem-28281	112	18	,	,	PUNCT
fbem-28281	112	19	energy	energy	NOUN
fbem-28281	112	20	conservation	conservation	NOUN
fbem-28281	112	21	and	and	CCONJ
fbem-28281	112	22	emission	emission	NOUN
fbem-28281	112	23	reduction	reduction	NOUN
fbem-28281	112	24	"	"	PUNCT
fbem-28281	112	25	,	,	PUNCT
fbem-28281	112	26	the	the	DET
fbem-28281	112	27	new	new	ADJ
fbem-28281	112	28	energy	energy	NOUN
fbem-28281	112	29	industry	industry	NOUN
fbem-28281	112	30	has	have	AUX
fbem-28281	112	31	undoubtedly	undoubtedly	ADV
fbem-28281	112	32	become	become	VERB
fbem-28281	112	33	an	an	DET
fbem-28281	112	34	important	important	ADJ
fbem-28281	112	35	force	force	NOUN
fbem-28281	112	36	in	in	ADP
fbem-28281	112	37	promoting	promote	VERB
fbem-28281	112	38	economic	economic	ADJ
fbem-28281	112	39	growth	growth	NOUN
fbem-28281	112	40	.	.	PUNCT
fbem-28281	113	1	especially	especially	ADV
fbem-28281	113	2	when	when	SCONJ
fbem-28281	113	3	the	the	DET
fbem-28281	113	4	covid19	covid19	NOUN
fbem-28281	113	5	epidemic	epidemic	NOUN
fbem-28281	113	6	has	have	AUX
fbem-28281	113	7	had	have	VERB
fbem-28281	113	8	a	a	DET
fbem-28281	113	9	profound	profound	ADJ
fbem-28281	113	10	impact	impact	NOUN
fbem-28281	113	11	on	on	ADP
fbem-28281	113	12	the	the	DET
fbem-28281	113	13	global	global	ADJ
fbem-28281	113	14	economy	economy	NOUN
fbem-28281	113	15	,	,	PUNCT
fbem-28281	113	16	china	china	PROPN
fbem-28281	113	17	,	,	PUNCT
fbem-28281	113	18	as	as	ADP
fbem-28281	113	19	one	one	NUM
fbem-28281	113	20	of	of	ADP
fbem-28281	113	21	the	the	DET
fbem-28281	113	22	largest	large	ADJ
fbem-28281	113	23	new	new	ADJ
fbem-28281	113	24	energy	energy	NOUN
fbem-28281	113	25	markets	market	NOUN
fbem-28281	113	26	in	in	ADP
fbem-28281	113	27	the	the	DET
fbem-28281	113	28	world	world	NOUN
fbem-28281	113	29	,	,	PUNCT
fbem-28281	113	30	has	have	AUX
fbem-28281	113	31	performed	perform	VERB
fbem-28281	113	32	particularly	particularly	ADV
fbem-28281	113	33	well	well	ADV
fbem-28281	113	34	.	.	PUNCT
fbem-28281	114	1	as	as	ADP
fbem-28281	114	2	a	a	DET
fbem-28281	114	3	leader	leader	NOUN
fbem-28281	114	4	in	in	ADP
fbem-28281	114	5	the	the	DET
fbem-28281	114	6	industry	industry	NOUN
fbem-28281	114	7	,	,	PUNCT
fbem-28281	114	8	catl	catl	NOUN
fbem-28281	114	9	quickly	quickly	ADV
fbem-28281	114	10	recovered	recover	VERB
fbem-28281	114	11	and	and	CCONJ
fbem-28281	114	12	demonstrated	demonstrate	VERB
fbem-28281	114	13	strong	strong	ADJ
fbem-28281	114	14	growth	growth	NOUN
fbem-28281	114	15	momentum	momentum	NOUN
fbem-28281	114	16	despite	despite	SCONJ
fbem-28281	114	17	experiencing	experience	VERB
fbem-28281	114	18	abnormal	abnormal	ADJ
fbem-28281	114	19	fluctuations	fluctuation	NOUN
fbem-28281	114	20	in	in	ADP
fbem-28281	114	21	revenue	revenue	NOUN
fbem-28281	114	22	growth	growth	NOUN
fbem-28281	114	23	due	due	ADP
fbem-28281	114	24	to	to	ADP
fbem-28281	114	25	the	the	DET
fbem-28281	114	26	impact	impact	NOUN
fbem-28281	114	27	of	of	ADP
fbem-28281	114	28	the	the	DET
fbem-28281	114	29	pandemic	pandemic	NOUN
fbem-28281	114	30	in	in	ADP
fbem-28281	114	31	early	early	ADJ
fbem-28281	114	32	2020	2020	NUM
fbem-28281	114	33	.	.	PUNCT
fbem-28281	115	1	the	the	DET
fbem-28281	115	2	adjusted	adjust	VERB
fbem-28281	115	3	market	market	NOUN
fbem-28281	115	4	value	value	NOUN
fbem-28281	115	5	data	datum	NOUN
fbem-28281	115	6	shows	show	VERB
fbem-28281	115	7	that	that	SCONJ
fbem-28281	115	8	catl	catl	NOUN
fbem-28281	115	9	's	's	PART
fbem-28281	115	10	market	market	NOUN
fbem-28281	115	11	value	value	NOUN
fbem-28281	115	12	still	still	ADV
fbem-28281	115	13	maintains	maintain	VERB
fbem-28281	115	14	a	a	DET
fbem-28281	115	15	steady	steady	ADJ
fbem-28281	115	16	growth	growth	NOUN
fbem-28281	115	17	trend	trend	NOUN
fbem-28281	115	18	,	,	PUNCT
fbem-28281	115	19	which	which	PRON
fbem-28281	115	20	demonstrates	demonstrate	VERB
fbem-28281	115	21	its	its	PRON
fbem-28281	115	22	leading	lead	VERB
fbem-28281	115	23	position	position	NOUN
fbem-28281	115	24	and	and	CCONJ
fbem-28281	115	25	huge	huge	ADJ
fbem-28281	115	26	potential	potential	NOUN
fbem-28281	115	27	in	in	ADP
fbem-28281	115	28	the	the	DET
fbem-28281	115	29	field	field	NOUN
fbem-28281	115	30	of	of	ADP
fbem-28281	115	31	new	new	ADJ
fbem-28281	115	32	energy	energy	NOUN
fbem-28281	115	33	in	in	ADP
fbem-28281	115	34	china	china	PROPN
fbem-28281	115	35	and	and	CCONJ
fbem-28281	115	36	even	even	ADV
fbem-28281	115	37	globally	globally	ADV
fbem-28281	115	38	.	.	PUNCT
fbem-28281	116	1	therefore	therefore	ADV
fbem-28281	116	2	,	,	PUNCT
fbem-28281	116	3	it	it	PRON
fbem-28281	116	4	can	can	AUX
fbem-28281	116	5	be	be	AUX
fbem-28281	116	6	foreseen	foresee	VERB
fbem-28281	116	7	that	that	SCONJ
fbem-28281	116	8	in	in	ADP
fbem-28281	116	9	the	the	DET
fbem-28281	116	10	future	future	NOUN
fbem-28281	116	11	,	,	PUNCT
fbem-28281	116	12	catl	catl	NOUN
fbem-28281	116	13	will	will	AUX
fbem-28281	116	14	continue	continue	VERB
fbem-28281	116	15	to	to	PART
fbem-28281	116	16	drive	drive	VERB
fbem-28281	116	17	development	development	NOUN
fbem-28281	116	18	with	with	ADP
fbem-28281	116	19	innovation	innovation	NOUN
fbem-28281	116	20	,	,	PUNCT
fbem-28281	116	21	continuously	continuously	ADV
fbem-28281	116	22	improve	improve	VERB
fbem-28281	116	23	its	its	PRON
fbem-28281	116	24	technological	technological	ADJ
fbem-28281	116	25	level	level	NOUN
fbem-28281	116	26	and	and	CCONJ
fbem-28281	116	27	market	market	NOUN
fbem-28281	116	28	share	share	NOUN
fbem-28281	116	29	,	,	PUNCT
fbem-28281	116	30	bring	bring	VERB
fbem-28281	116	31	substantial	substantial	ADJ
fbem-28281	116	32	returns	return	NOUN
fbem-28281	116	33	to	to	ADP
fbem-28281	116	34	investors	investor	NOUN
fbem-28281	116	35	,	,	PUNCT
fbem-28281	116	36	and	and	CCONJ
fbem-28281	116	37	contribute	contribute	VERB
fbem-28281	116	38	more	more	ADJ
fbem-28281	116	39	to	to	ADP
fbem-28281	116	40	the	the	DET
fbem-28281	116	41	development	development	NOUN
fbem-28281	116	42	of	of	ADP
fbem-28281	116	43	china	china	PROPN
fbem-28281	116	44	's	's	PART
fbem-28281	116	45	green	green	ADJ
fbem-28281	116	46	economy	economy	NOUN
fbem-28281	116	47	.	.	PUNCT
fbem-28281	117	1	5	5	X
fbem-28281	117	2	.	.	X
fbem-28281	117	3	conclusion	conclusion	NOUN
fbem-28281	117	4	and	and	CCONJ
fbem-28281	117	5	suggestions	suggestion	NOUN
fbem-28281	117	6	5.1	5.1	NUM
fbem-28281	117	7	.	.	PUNCT
fbem-28281	118	1	conclusion	conclusion	NOUN
fbem-28281	118	2	5.1.1	5.1.1	NUM
fbem-28281	118	3	.	.	PUNCT
fbem-28281	119	1	eva	eva	PROPN
fbem-28281	119	2	can	can	AUX
fbem-28281	119	3	comprehensively	comprehensively	ADV
fbem-28281	119	4	reflect	reflect	VERB
fbem-28281	119	5	the	the	DET
fbem-28281	119	6	value	value	NOUN
fbem-28281	119	7	of	of	ADP
fbem-28281	119	8	enterprises	enterprise	NOUN
fbem-28281	119	9	in	in	ADP
fbem-28281	119	10	addition	addition	NOUN
fbem-28281	119	11	to	to	ADP
fbem-28281	119	12	obtaining	obtain	VERB
fbem-28281	119	13	reliable	reliable	ADJ
fbem-28281	119	14	and	and	CCONJ
fbem-28281	119	15	effective	effective	ADJ
fbem-28281	119	16	market	market	NOUN
fbem-28281	119	17	value	value	NOUN
fbem-28281	119	18	,	,	PUNCT
fbem-28281	119	19	the	the	DET
fbem-28281	119	20	discovery	discovery	NOUN
fbem-28281	119	21	of	of	ADP
fbem-28281	119	22	enterprise	enterprise	NOUN
fbem-28281	119	23	value	value	NOUN
fbem-28281	119	24	and	and	CCONJ
fbem-28281	119	25	the	the	DET
fbem-28281	119	26	exploration	exploration	NOUN
fbem-28281	119	27	of	of	ADP
fbem-28281	119	28	driving	drive	VERB
fbem-28281	119	29	factors	factor	NOUN
fbem-28281	119	30	for	for	ADP
fbem-28281	119	31	enterprise	enterprise	NOUN
fbem-28281	119	32	value	value	NOUN
fbem-28281	119	33	are	be	AUX
fbem-28281	119	34	also	also	ADV
fbem-28281	119	35	another	another	DET
fbem-28281	119	36	major	major	ADJ
fbem-28281	119	37	role	role	NOUN
fbem-28281	119	38	of	of	ADP
fbem-28281	119	39	valuation	valuation	NOUN
fbem-28281	119	40	,	,	PUNCT
fbem-28281	119	41	namely	namely	ADV
fbem-28281	119	42	value	value	VERB
fbem-28281	119	43	analysis	analysis	NOUN
fbem-28281	119	44	.	.	PUNCT
fbem-28281	120	1	by	by	ADP
fbem-28281	120	2	calculating	calculate	VERB
fbem-28281	120	3	the	the	DET
fbem-28281	120	4	eva	eva	NOUN
fbem-28281	120	5	value	value	NOUN
fbem-28281	120	6	of	of	ADP
fbem-28281	120	7	enterprises	enterprise	NOUN
fbem-28281	120	8	,	,	PUNCT
fbem-28281	120	9	it	it	PRON
fbem-28281	120	10	is	be	AUX
fbem-28281	120	11	possible	possible	ADJ
fbem-28281	120	12	to	to	PART
fbem-28281	120	13	effectively	effectively	ADV
fbem-28281	120	14	identify	identify	VERB
fbem-28281	120	15	the	the	DET
fbem-28281	120	16	shortcomings	shortcoming	NOUN
fbem-28281	120	17	in	in	ADP
fbem-28281	120	18	value	value	NOUN
fbem-28281	120	19	creation	creation	NOUN
fbem-28281	120	20	and	and	CCONJ
fbem-28281	120	21	use	use	VERB
fbem-28281	120	22	corresponding	corresponding	ADJ
fbem-28281	120	23	means	mean	NOUN
fbem-28281	120	24	to	to	PART
fbem-28281	120	25	increase	increase	VERB
fbem-28281	120	26	enterprise	enterprise	NOUN
fbem-28281	120	27	value	value	NOUN
fbem-28281	120	28	.	.	PUNCT
fbem-28281	121	1	[	[	X
fbem-28281	121	2	7	7	NUM
fbem-28281	121	3	]	]	PUNCT
fbem-28281	121	4	from	from	ADP
fbem-28281	121	5	the	the	DET
fbem-28281	121	6	previous	previous	ADJ
fbem-28281	121	7	text	text	NOUN
fbem-28281	121	8	,	,	PUNCT
fbem-28281	121	9	it	it	PRON
fbem-28281	121	10	can	can	AUX
fbem-28281	121	11	be	be	AUX
fbem-28281	121	12	concluded	conclude	VERB
fbem-28281	121	13	that	that	SCONJ
fbem-28281	121	14	the	the	DET
fbem-28281	121	15	enterprise	enterprise	NOUN
fbem-28281	121	16	value	value	NOUN
fbem-28281	121	17	of	of	ADP
fbem-28281	121	18	catl	catl	NOUN
fbem-28281	121	19	has	have	AUX
fbem-28281	121	20	been	be	AUX
fbem-28281	121	21	continuously	continuously	ADV
fbem-28281	121	22	increasing	increase	VERB
fbem-28281	121	23	from	from	ADP
fbem-28281	121	24	2018	2018	NUM
fbem-28281	121	25	to	to	ADP
fbem-28281	121	26	2021	2021	NUM
fbem-28281	121	27	,	,	PUNCT
fbem-28281	121	28	especially	especially	ADV
fbem-28281	121	29	in	in	ADP
fbem-28281	121	30	2021	2021	NUM
fbem-28281	121	31	.	.	PUNCT
fbem-28281	122	1	under	under	ADP
fbem-28281	122	2	the	the	DET
fbem-28281	122	3	dual	dual	ADJ
fbem-28281	122	4	challenges	challenge	NOUN
fbem-28281	122	5	of	of	ADP
fbem-28281	122	6	the	the	DET
fbem-28281	122	7	recurrence	recurrence	NOUN
fbem-28281	122	8	of	of	ADP
fbem-28281	122	9	the	the	DET
fbem-28281	122	10	covid-19	covid-19	PROPN
fbem-28281	122	11	and	and	CCONJ
fbem-28281	122	12	the	the	DET
fbem-28281	122	13	shortage	shortage	NOUN
fbem-28281	122	14	of	of	ADP
fbem-28281	122	15	raw	raw	ADJ
fbem-28281	122	16	material	material	NOUN
fbem-28281	122	17	supply	supply	NOUN
fbem-28281	122	18	,	,	PUNCT
fbem-28281	122	19	enterprises	enterprise	NOUN
fbem-28281	122	20	need	need	VERB
fbem-28281	122	21	to	to	PART
fbem-28281	122	22	further	far	ADV
fbem-28281	122	23	strengthen	strengthen	VERB
fbem-28281	122	24	industrial	industrial	ADJ
fbem-28281	122	25	cooperation	cooperation	NOUN
fbem-28281	122	26	to	to	PART
fbem-28281	122	27	ensure	ensure	VERB
fbem-28281	122	28	the	the	DET
fbem-28281	122	29	stability	stability	NOUN
fbem-28281	122	30	and	and	CCONJ
fbem-28281	122	31	delivery	delivery	NOUN
fbem-28281	122	32	capacity	capacity	NOUN
fbem-28281	122	33	of	of	ADP
fbem-28281	122	34	the	the	DET
fbem-28281	122	35	supply	supply	NOUN
fbem-28281	122	36	chain	chain	NOUN
fbem-28281	122	37	.	.	PUNCT
fbem-28281	123	1	at	at	ADP
fbem-28281	123	2	the	the	DET
fbem-28281	123	3	same	same	ADJ
fbem-28281	123	4	time	time	NOUN
fbem-28281	123	5	,	,	PUNCT
fbem-28281	123	6	deepen	deepen	VERB
fbem-28281	123	7	cooperation	cooperation	NOUN
fbem-28281	123	8	with	with	ADP
fbem-28281	123	9	customers	customer	NOUN
fbem-28281	123	10	,	,	PUNCT
fbem-28281	123	11	consolidate	consolidate	VERB
fbem-28281	123	12	industry	industry	NOUN
fbem-28281	123	13	market	market	NOUN
fbem-28281	123	14	position	position	NOUN
fbem-28281	123	15	,	,	PUNCT
fbem-28281	123	16	and	and	CCONJ
fbem-28281	123	17	continuously	continuously	ADV
fbem-28281	123	18	improve	improve	VERB
fbem-28281	123	19	product	product	NOUN
fbem-28281	123	20	performance	performance	NOUN
fbem-28281	123	21	to	to	PART
fbem-28281	123	22	meet	meet	VERB
fbem-28281	123	23	the	the	DET
fbem-28281	123	24	growing	grow	VERB
fbem-28281	123	25	demand	demand	NOUN
fbem-28281	123	26	in	in	ADP
fbem-28281	123	27	the	the	DET
fbem-28281	123	28	market	market	NOUN
fbem-28281	123	29	.	.	PUNCT
fbem-28281	124	1	in	in	ADP
fbem-28281	124	2	addition	addition	NOUN
fbem-28281	124	3	,	,	PUNCT
fbem-28281	124	4	benefiting	benefit	VERB
fbem-28281	124	5	from	from	ADP
fbem-28281	124	6	the	the	DET
fbem-28281	124	7	active	active	ADJ
fbem-28281	124	8	promotion	promotion	NOUN
fbem-28281	124	9	of	of	ADP
fbem-28281	124	10	national	national	ADJ
fbem-28281	124	11	policies	policy	NOUN
fbem-28281	124	12	,	,	PUNCT
fbem-28281	124	13	the	the	DET
fbem-28281	124	14	acceleration	acceleration	NOUN
fbem-28281	124	15	of	of	ADP
fbem-28281	124	16	global	global	ADJ
fbem-28281	124	17	electrification	electrification	NOUN
fbem-28281	124	18	transformation	transformation	NOUN
fbem-28281	124	19	trend	trend	NOUN
fbem-28281	124	20	,	,	PUNCT
fbem-28281	124	21	and	and	CCONJ
fbem-28281	124	22	the	the	DET
fbem-28281	124	23	popularization	popularization	NOUN
fbem-28281	124	24	of	of	ADP
fbem-28281	124	25	supporting	support	VERB
fbem-28281	124	26	facilities	facility	NOUN
fbem-28281	124	27	for	for	ADP
fbem-28281	124	28	new	new	ADJ
fbem-28281	124	29	energy	energy	NOUN
fbem-28281	124	30	vehicles	vehicle	NOUN
fbem-28281	124	31	,	,	PUNCT
fbem-28281	124	32	the	the	DET
fbem-28281	124	33	demand	demand	NOUN
fbem-28281	124	34	for	for	ADP
fbem-28281	124	35	the	the	DET
fbem-28281	124	36	global	global	ADJ
fbem-28281	124	37	new	new	ADJ
fbem-28281	124	38	energy	energy	NOUN
fbem-28281	124	39	vehicle	vehicle	NOUN
fbem-28281	124	40	market	market	NOUN
fbem-28281	124	41	continues	continue	VERB
fbem-28281	124	42	to	to	PART
fbem-28281	124	43	grow	grow	VERB
fbem-28281	124	44	,	,	PUNCT
fbem-28281	124	45	thereby	thereby	ADV
fbem-28281	124	46	promoting	promote	VERB
fbem-28281	124	47	the	the	DET
fbem-28281	124	48	rapid	rapid	ADJ
fbem-28281	124	49	growth	growth	NOUN
fbem-28281	124	50	of	of	ADP
fbem-28281	124	51	the	the	DET
fbem-28281	124	52	overall	overall	ADJ
fbem-28281	124	53	scale	scale	NOUN
fbem-28281	124	54	of	of	ADP
fbem-28281	124	55	the	the	DET
fbem-28281	124	56	power	power	NOUN
fbem-28281	124	57	battery	battery	NOUN
fbem-28281	124	58	industry	industry	NOUN
fbem-28281	124	59	.	.	PUNCT
fbem-28281	125	1	5.1.2	5.1.2	X
fbem-28281	125	2	.	.	PUNCT
fbem-28281	125	3	the	the	DET
fbem-28281	125	4	use	use	NOUN
fbem-28281	125	5	of	of	ADP
fbem-28281	125	6	eva	eva	NOUN
fbem-28281	125	7	method	method	NOUN
fbem-28281	125	8	can	can	AUX
fbem-28281	125	9	improve	improve	VERB
fbem-28281	125	10	the	the	DET
fbem-28281	125	11	operational	operational	ADJ
fbem-28281	125	12	status	status	NOUN
fbem-28281	125	13	of	of	ADP
fbem-28281	125	14	enterprises	enterprise	NOUN
fbem-28281	125	15	in	in	ADP
fbem-28281	125	16	multiple	multiple	ADJ
fbem-28281	125	17	aspects	aspect	NOUN
fbem-28281	125	18	based	base	VERB
fbem-28281	125	19	on	on	ADP
fbem-28281	125	20	the	the	DET
fbem-28281	125	21	decomposition	decomposition	NOUN
fbem-28281	125	22	of	of	ADP
fbem-28281	125	23	eva	eva	NOUN
fbem-28281	125	24	in	in	ADP
fbem-28281	125	25	the	the	DET
fbem-28281	125	26	previous	previous	ADJ
fbem-28281	125	27	text	text	NOUN
fbem-28281	125	28	,	,	PUNCT
fbem-28281	125	29	it	it	PRON
fbem-28281	125	30	can	can	AUX
fbem-28281	125	31	be	be	AUX
fbem-28281	125	32	seen	see	VERB
fbem-28281	125	33	that	that	SCONJ
fbem-28281	125	34	a	a	DET
fbem-28281	125	35	company	company	NOUN
fbem-28281	125	36	's	's	PART
fbem-28281	125	37	ability	ability	NOUN
fbem-28281	125	38	to	to	PART
fbem-28281	125	39	create	create	VERB
fbem-28281	125	40	value	value	NOUN
fbem-28281	125	41	can	can	AUX
fbem-28281	125	42	be	be	AUX
fbem-28281	125	43	subdivided	subdivide	VERB
fbem-28281	125	44	into	into	ADP
fbem-28281	125	45	three	three	NUM
fbem-28281	125	46	types	type	NOUN
fbem-28281	125	47	:	:	PUNCT
fbem-28281	125	48	profitability	profitability	NOUN
fbem-28281	125	49	,	,	PUNCT
fbem-28281	125	50	growth	growth	NOUN
fbem-28281	125	51	ability	ability	NOUN
fbem-28281	125	52	,	,	PUNCT
fbem-28281	125	53	and	and	CCONJ
fbem-28281	125	54	debt	debt	NOUN
fbem-28281	125	55	paying	pay	VERB
fbem-28281	125	56	ability	ability	NOUN
fbem-28281	125	57	.	.	PUNCT
fbem-28281	126	1	after	after	SCONJ
fbem-28281	126	2	tax	tax	NOUN
fbem-28281	126	3	net	net	ADJ
fbem-28281	126	4	operating	operating	NOUN
fbem-28281	126	5	profit	profit	NOUN
fbem-28281	126	6	can	can	AUX
fbem-28281	126	7	effectively	effectively	ADV
fbem-28281	126	8	reflect	reflect	VERB
fbem-28281	126	9	the	the	DET
fbem-28281	126	10	cash	cash	NOUN
fbem-28281	126	11	flow	flow	NOUN
fbem-28281	126	12	obtained	obtain	VERB
fbem-28281	126	13	by	by	ADP
fbem-28281	126	14	a	a	DET
fbem-28281	126	15	company	company	NOUN
fbem-28281	126	16	in	in	ADP
fbem-28281	126	17	terms	term	NOUN
fbem-28281	126	18	of	of	ADP
fbem-28281	126	19	operations	operation	NOUN
fbem-28281	126	20	,	,	PUNCT
fbem-28281	126	21	and	and	CCONJ
fbem-28281	126	22	focus	focus	VERB
fbem-28281	126	23	the	the	DET
fbem-28281	126	24	company	company	NOUN
fbem-28281	126	25	's	's	PART
fbem-28281	126	26	attention	attention	NOUN
fbem-28281	126	27	on	on	ADP
fbem-28281	126	28	the	the	DET
fbem-28281	126	29	profitability	profitability	NOUN
fbem-28281	126	30	of	of	ADP
fbem-28281	126	31	its	its	PRON
fbem-28281	126	32	main	main	ADJ
fbem-28281	126	33	business	business	NOUN
fbem-28281	126	34	.	.	PUNCT
fbem-28281	127	1	the	the	DET
fbem-28281	127	2	turnover	turnover	NOUN
fbem-28281	127	3	rate	rate	NOUN
fbem-28281	127	4	of	of	ADP
fbem-28281	127	5	invested	invest	VERB
fbem-28281	127	6	capital	capital	NOUN
fbem-28281	127	7	reflects	reflect	VERB
fbem-28281	127	8	the	the	DET
fbem-28281	127	9	overall	overall	ADJ
fbem-28281	127	10	resource	resource	NOUN
fbem-28281	127	11	utilization	utilization	NOUN
fbem-28281	127	12	efficiency	efficiency	NOUN
fbem-28281	127	13	of	of	ADP
fbem-28281	127	14	the	the	DET
fbem-28281	127	15	enterprise	enterprise	NOUN
fbem-28281	127	16	.	.	PUNCT
fbem-28281	128	1	by	by	ADP
fbem-28281	128	2	improving	improve	VERB
fbem-28281	128	3	the	the	DET
fbem-28281	128	4	turnover	turnover	NOUN
fbem-28281	128	5	efficiency	efficiency	NOUN
fbem-28281	128	6	of	of	ADP
fbem-28281	128	7	invested	invest	VERB
fbem-28281	128	8	capital	capital	NOUN
fbem-28281	128	9	,	,	PUNCT
fbem-28281	128	10	enterprises	enterprise	NOUN
fbem-28281	128	11	can	can	AUX
fbem-28281	128	12	empower	empower	VERB
fbem-28281	128	13	their	their	PRON
fbem-28281	128	14	profitability	profitability	NOUN
fbem-28281	128	15	and	and	CCONJ
fbem-28281	128	16	bring	bring	VERB
fbem-28281	128	17	about	about	ADP
fbem-28281	128	18	a	a	DET
fbem-28281	128	19	leverage	leverage	NOUN
fbem-28281	128	20	effect	effect	NOUN
fbem-28281	128	21	on	on	ADP
fbem-28281	128	22	profits	profit	NOUN
fbem-28281	128	23	.	.	PUNCT
fbem-28281	129	1	the	the	DET
fbem-28281	129	2	weighted	weight	VERB
fbem-28281	129	3	cost	cost	NOUN
fbem-28281	129	4	of	of	ADP
fbem-28281	129	5	capital	capital	NOUN
fbem-28281	129	6	ratio	ratio	NOUN
fbem-28281	129	7	can	can	AUX
fbem-28281	129	8	reflect	reflect	VERB
fbem-28281	129	9	whether	whether	SCONJ
fbem-28281	129	10	a	a	DET
fbem-28281	129	11	company	company	NOUN
fbem-28281	129	12	's	's	PART
fbem-28281	129	13	capital	capital	NOUN
fbem-28281	129	14	structure	structure	NOUN
fbem-28281	129	15	has	have	AUX
fbem-28281	129	16	reached	reach	VERB
fbem-28281	129	17	optimization	optimization	NOUN
fbem-28281	129	18	.	.	PUNCT
fbem-28281	130	1	companies	company	NOUN
fbem-28281	130	2	can	can	AUX
fbem-28281	130	3	adjust	adjust	VERB
fbem-28281	130	4	their	their	PRON
fbem-28281	130	5	capital	capital	NOUN
fbem-28281	130	6	structure	structure	NOUN
fbem-28281	130	7	through	through	ADP
fbem-28281	130	8	vertical	vertical	ADJ
fbem-28281	130	9	and	and	CCONJ
fbem-28281	130	10	horizontal	horizontal	ADJ
fbem-28281	130	11	comparisons	comparison	NOUN
fbem-28281	130	12	to	to	PART
fbem-28281	130	13	maintain	maintain	VERB
fbem-28281	130	14	the	the	DET
fbem-28281	130	15	expected	expect	VERB
fbem-28281	130	16	return	return	NOUN
fbem-28281	130	17	rates	rate	NOUN
fbem-28281	130	18	of	of	ADP
fbem-28281	130	19	shareholders	shareholder	NOUN
fbem-28281	130	20	and	and	CCONJ
fbem-28281	130	21	creditors	creditor	NOUN
fbem-28281	130	22	within	within	ADP
fbem-28281	130	23	an	an	DET
fbem-28281	130	24	acceptable	acceptable	ADJ
fbem-28281	130	25	range	range	NOUN
fbem-28281	130	26	.	.	PUNCT
fbem-28281	131	1	therefore	therefore	ADV
fbem-28281	131	2	,	,	PUNCT
fbem-28281	131	3	it	it	PRON
fbem-28281	131	4	can	can	AUX
fbem-28281	131	5	be	be	AUX
fbem-28281	131	6	seen	see	VERB
fbem-28281	131	7	that	that	SCONJ
fbem-28281	131	8	the	the	DET
fbem-28281	131	9	advantages	advantage	NOUN
fbem-28281	131	10	of	of	ADP
fbem-28281	131	11	eva	eva	NOUN
fbem-28281	131	12	enable	enable	ADJ
fbem-28281	131	13	companies	company	NOUN
fbem-28281	131	14	to	to	PART
fbem-28281	131	15	improve	improve	VERB
fbem-28281	131	16	their	their	PRON
fbem-28281	131	17	operational	operational	ADJ
fbem-28281	131	18	efficiency	efficiency	NOUN
fbem-28281	131	19	in	in	ADP
fbem-28281	131	20	terms	term	NOUN
fbem-28281	131	21	of	of	ADP
fbem-28281	131	22	profitability	profitability	NOUN
fbem-28281	131	23	,	,	PUNCT
fbem-28281	131	24	growth	growth	NOUN
fbem-28281	131	25	ability	ability	NOUN
fbem-28281	131	26	,	,	PUNCT
fbem-28281	131	27	and	and	CCONJ
fbem-28281	131	28	debt	debt	NOUN
fbem-28281	131	29	paying	pay	VERB
fbem-28281	131	30	ability	ability	NOUN
fbem-28281	131	31	,	,	PUNCT
fbem-28281	131	32	which	which	PRON
fbem-28281	131	33	can	can	AUX
fbem-28281	131	34	not	not	PART
fbem-28281	131	35	be	be	AUX
fbem-28281	131	36	achieved	achieve	VERB
fbem-28281	131	37	by	by	ADP
fbem-28281	131	38	other	other	ADJ
fbem-28281	131	39	valuation	valuation	NOUN
fbem-28281	131	40	methods	method	NOUN
fbem-28281	131	41	.	.	PUNCT
fbem-28281	132	1	5.2	5.2	NUM
fbem-28281	132	2	.	.	PUNCT
fbem-28281	132	3	suggestion	suggestion	NOUN
fbem-28281	132	4	5.2.1	5.2.1	NUM
fbem-28281	132	5	.	.	PUNCT
fbem-28281	133	1	optimize	optimize	NOUN
fbem-28281	133	2	capital	capital	NOUN
fbem-28281	133	3	structure	structure	NOUN
fbem-28281	133	4	and	and	CCONJ
fbem-28281	133	5	leverage	leverage	VERB
fbem-28281	133	6	the	the	DET
fbem-28281	133	7	role	role	NOUN
fbem-28281	133	8	of	of	ADP
fbem-28281	133	9	financial	financial	ADJ
fbem-28281	133	10	leverage	leverage	NOUN
fbem-28281	133	11	since	since	SCONJ
fbem-28281	133	12	2018	2018	NUM
fbem-28281	133	13	,	,	PUNCT
fbem-28281	133	14	the	the	DET
fbem-28281	133	15	asset	asset	NOUN
fbem-28281	133	16	liability	liability	NOUN
fbem-28281	133	17	ratio	ratio	NOUN
fbem-28281	133	18	of	of	ADP
fbem-28281	133	19	catl	catl	NOUN
fbem-28281	133	20	has	have	AUX
fbem-28281	133	21	been	be	AUX
fbem-28281	133	22	continuously	continuously	ADV
fbem-28281	133	23	increasing	increase	VERB
fbem-28281	133	24	.	.	PUNCT
fbem-28281	134	1	most	most	ADJ
fbem-28281	134	2	of	of	ADP
fbem-28281	134	3	the	the	DET
fbem-28281	134	4	company	company	NOUN
fbem-28281	134	5	's	's	PART
fbem-28281	134	6	liabilities	liability	NOUN
fbem-28281	134	7	are	be	AUX
fbem-28281	134	8	short	short	ADJ
fbem-28281	134	9	-	-	PUNCT
fbem-28281	134	10	term	term	NOUN
fbem-28281	134	11	liabilities	liability	NOUN
fbem-28281	134	12	formed	form	VERB
fbem-28281	134	13	under	under	ADP
fbem-28281	134	14	operating	operating	NOUN
fbem-28281	134	15	activities	activity	NOUN
fbem-28281	134	16	,	,	PUNCT
fbem-28281	134	17	which	which	PRON
fbem-28281	134	18	have	have	VERB
fbem-28281	134	19	high	high	ADJ
fbem-28281	134	20	liquidity	liquidity	NOUN
fbem-28281	134	21	,	,	PUNCT
fbem-28281	134	22	while	while	SCONJ
fbem-28281	134	23	the	the	DET
fbem-28281	134	24	proportion	proportion	NOUN
fbem-28281	134	25	of	of	ADP
fbem-28281	134	26	long	long	ADJ
fbem-28281	134	27	-	-	PUNCT
fbem-28281	134	28	term	term	NOUN
fbem-28281	134	29	liabilities	liability	NOUN
fbem-28281	134	30	is	be	AUX
fbem-28281	134	31	still	still	ADV
fbem-28281	134	32	relatively	relatively	ADV
fbem-28281	134	33	small	small	ADJ
fbem-28281	134	34	,	,	PUNCT
fbem-28281	134	35	which	which	PRON
fbem-28281	134	36	puts	put	VERB
fbem-28281	134	37	enormous	enormous	ADJ
fbem-28281	134	38	pressure	pressure	NOUN
fbem-28281	134	39	on	on	ADP
fbem-28281	134	40	the	the	DET
fbem-28281	134	41	company	company	NOUN
fbem-28281	134	42	's	's	PART
fbem-28281	134	43	liquidity	liquidity	NOUN
fbem-28281	134	44	requirements	requirement	NOUN
fbem-28281	134	45	.	.	PUNCT
fbem-28281	135	1	in	in	ADP
fbem-28281	135	2	addition	addition	NOUN
fbem-28281	135	3	,	,	PUNCT
fbem-28281	135	4	catl	catl	PROPN
fbem-28281	135	5	's	's	PART
fbem-28281	135	6	sales	sale	NOUN
fbem-28281	135	7	gross	gross	ADJ
fbem-28281	135	8	profit	profit	NOUN
fbem-28281	135	9	margin	margin	NOUN
fbem-28281	135	10	is	be	AUX
fbem-28281	135	11	among	among	ADP
fbem-28281	135	12	the	the	DET
fbem-28281	135	13	top	top	NOUN
fbem-28281	135	14	in	in	ADP
fbem-28281	135	15	the	the	DET
fbem-28281	135	16	industry	industry	NOUN
fbem-28281	135	17	.	.	PUNCT
fbem-28281	136	1	therefore	therefore	ADV
fbem-28281	136	2	,	,	PUNCT
fbem-28281	136	3	it	it	PRON
fbem-28281	136	4	is	be	AUX
fbem-28281	136	5	recommended	recommend	VERB
fbem-28281	136	6	that	that	DET
fbem-28281	136	7	catl	catl	NOUN
fbem-28281	136	8	expand	expand	VERB
fbem-28281	136	9	its	its	PRON
fbem-28281	136	10	debt	debt	NOUN
fbem-28281	136	11	financing	financing	NOUN
fbem-28281	136	12	channels	channel	NOUN
fbem-28281	136	13	,	,	PUNCT
fbem-28281	136	14	appropriately	appropriately	ADV
fbem-28281	136	15	increase	increase	VERB
fbem-28281	136	16	the	the	DET
fbem-28281	136	17	proportion	proportion	NOUN
fbem-28281	136	18	of	of	ADP
fbem-28281	136	19	long	long	ADJ
fbem-28281	136	20	-	-	PUNCT
fbem-28281	136	21	term	term	NOUN
fbem-28281	136	22	debt	debt	NOUN
fbem-28281	136	23	,	,	PUNCT
fbem-28281	136	24	thereby	thereby	ADV
fbem-28281	136	25	reducing	reduce	VERB
fbem-28281	136	26	the	the	DET
fbem-28281	136	27	company	company	NOUN
fbem-28281	136	28	's	's	PART
fbem-28281	136	29	weighted	weight	VERB
fbem-28281	136	30	cost	cost	NOUN
fbem-28281	136	31	of	of	ADP
fbem-28281	136	32	capital	capital	NOUN
fbem-28281	136	33	ratio	ratio	NOUN
fbem-28281	136	34	,	,	PUNCT
fbem-28281	136	35	indirectly	indirectly	ADV
fbem-28281	136	36	enhancing	enhance	VERB
fbem-28281	136	37	the	the	DET
fbem-28281	136	38	company	company	NOUN
fbem-28281	136	39	's	's	PART
fbem-28281	136	40	value	value	NOUN
fbem-28281	136	41	,	,	PUNCT
fbem-28281	136	42	and	and	CCONJ
fbem-28281	136	43	maximizing	maximize	VERB
fbem-28281	136	44	shareholder	shareholder	NOUN
fbem-28281	136	45	wealth	wealth	NOUN
fbem-28281	136	46	.	.	PUNCT
fbem-28281	137	1	5.2.2	5.2.2	NUM
fbem-28281	137	2	.	.	X
fbem-28281	137	3	incorporate	incorporate	VERB
fbem-28281	137	4	eva	eva	NOUN
fbem-28281	137	5	into	into	ADP
fbem-28281	137	6	the	the	DET
fbem-28281	137	7	enterprise	enterprise	NOUN
fbem-28281	137	8	performance	performance	NOUN
fbem-28281	137	9	evaluation	evaluation	NOUN
fbem-28281	137	10	system	system	NOUN
fbem-28281	137	11	to	to	PART
fbem-28281	137	12	strengthen	strengthen	VERB
fbem-28281	137	13	the	the	DET
fbem-28281	137	14	internal	internal	ADJ
fbem-28281	137	15	value	value	NOUN
fbem-28281	137	16	creation	creation	NOUN
fbem-28281	137	17	of	of	ADP
fbem-28281	137	18	the	the	DET
fbem-28281	137	19	enterprise	enterprise	NOUN
fbem-28281	137	20	.	.	PUNCT
fbem-28281	138	1	for	for	ADP
fbem-28281	138	2	high	high	ADJ
fbem-28281	138	3	-	-	PUNCT
fbem-28281	138	4	tech	tech	NOUN
fbem-28281	138	5	enterprises	enterprise	NOUN
fbem-28281	138	6	like	like	ADP
fbem-28281	138	7	catl	catl	NOUN
fbem-28281	138	8	,	,	PUNCT
fbem-28281	138	9	investment	investment	NOUN
fbem-28281	138	10	in	in	ADP
fbem-28281	138	11	research	research	NOUN
fbem-28281	138	12	and	and	CCONJ
fbem-28281	138	13	innovation	innovation	NOUN
fbem-28281	138	14	determines	determine	VERB
fbem-28281	138	15	the	the	DET
fbem-28281	138	16	future	future	ADJ
fbem-28281	138	17	benefits	benefit	NOUN
fbem-28281	138	18	of	of	ADP
fbem-28281	138	19	the	the	DET
fbem-28281	138	20	275	275	NUM
fbem-28281	138	21	enterprise	enterprise	NOUN
fbem-28281	138	22	,	,	PUNCT
fbem-28281	138	23	which	which	PRON
fbem-28281	138	24	requires	require	VERB
fbem-28281	138	25	management	management	NOUN
fbem-28281	138	26	to	to	PART
fbem-28281	138	27	not	not	PART
fbem-28281	138	28	only	only	ADV
fbem-28281	138	29	consider	consider	VERB
fbem-28281	138	30	current	current	ADJ
fbem-28281	138	31	business	business	NOUN
fbem-28281	138	32	performance	performance	NOUN
fbem-28281	138	33	,	,	PUNCT
fbem-28281	138	34	but	but	CCONJ
fbem-28281	138	35	also	also	ADV
fbem-28281	138	36	combine	combine	VERB
fbem-28281	138	37	long	long	ADJ
fbem-28281	138	38	-	-	PUNCT
fbem-28281	138	39	term	term	NOUN
fbem-28281	138	40	strategic	strategic	ADJ
fbem-28281	138	41	goals	goal	NOUN
fbem-28281	138	42	.	.	PUNCT
fbem-28281	139	1	the	the	DET
fbem-28281	139	2	management	management	NOUN
fbem-28281	139	3	needs	need	VERB
fbem-28281	139	4	to	to	PART
fbem-28281	139	5	incorporate	incorporate	VERB
fbem-28281	139	6	eva	eva	NOUN
fbem-28281	139	7	indicators	indicator	NOUN
fbem-28281	139	8	into	into	ADP
fbem-28281	139	9	the	the	DET
fbem-28281	139	10	current	current	ADJ
fbem-28281	139	11	performance	performance	NOUN
fbem-28281	139	12	evaluation	evaluation	NOUN
fbem-28281	139	13	system	system	NOUN
fbem-28281	139	14	,	,	PUNCT
fbem-28281	139	15	such	such	ADJ
fbem-28281	139	16	as	as	ADP
fbem-28281	139	17	combining	combine	VERB
fbem-28281	139	18	eva	eva	NOUN
fbem-28281	139	19	with	with	ADP
fbem-28281	139	20	comprehensive	comprehensive	ADJ
fbem-28281	139	21	budgeting	budgeting	NOUN
fbem-28281	139	22	and	and	CCONJ
fbem-28281	139	23	balanced	balanced	ADJ
fbem-28281	139	24	scorecard	scorecard	NOUN
fbem-28281	139	25	,	,	PUNCT
fbem-28281	139	26	in	in	ADP
fbem-28281	139	27	order	order	NOUN
fbem-28281	139	28	to	to	PART
fbem-28281	139	29	improve	improve	VERB
fbem-28281	139	30	the	the	DET
fbem-28281	139	31	internal	internal	ADJ
fbem-28281	139	32	management	management	NOUN
fbem-28281	139	33	level	level	NOUN
fbem-28281	139	34	of	of	ADP
fbem-28281	139	35	the	the	DET
fbem-28281	139	36	enterprise	enterprise	NOUN
fbem-28281	139	37	,	,	PUNCT
fbem-28281	139	38	enhance	enhance	VERB
fbem-28281	139	39	its	its	PRON
fbem-28281	139	40	competitiveness	competitiveness	NOUN
fbem-28281	139	41	,	,	PUNCT
fbem-28281	139	42	and	and	CCONJ
fbem-28281	139	43	create	create	VERB
fbem-28281	139	44	a	a	DET
fbem-28281	139	45	benchmark	benchmark	NOUN
fbem-28281	139	46	enterprise	enterprise	NOUN
fbem-28281	139	47	for	for	ADP
fbem-28281	139	48	intelligent	intelligent	ADJ
fbem-28281	139	49	manufacturing	manufacturing	NOUN
fbem-28281	139	50	.	.	PUNCT
fbem-28281	140	1	6	6	X
fbem-28281	140	2	.	.	X
fbem-28281	140	3	conclusion	conclusion	NOUN
fbem-28281	140	4	in	in	ADP
fbem-28281	140	5	this	this	DET
fbem-28281	140	6	study	study	NOUN
fbem-28281	140	7	,	,	PUNCT
fbem-28281	140	8	we	we	PRON
fbem-28281	140	9	selected	select	VERB
fbem-28281	140	10	catl	catl	NOUN
fbem-28281	140	11	,	,	PUNCT
fbem-28281	140	12	a	a	DET
fbem-28281	140	13	leading	lead	VERB
fbem-28281	140	14	global	global	ADJ
fbem-28281	140	15	lithium	lithium	NOUN
fbem-28281	140	16	battery	battery	NOUN
fbem-28281	140	17	manufacturer	manufacturer	NOUN
fbem-28281	140	18	,	,	PUNCT
fbem-28281	140	19	as	as	ADP
fbem-28281	140	20	the	the	DET
fbem-28281	140	21	main	main	ADJ
fbem-28281	140	22	research	research	NOUN
fbem-28281	140	23	object	object	NOUN
fbem-28281	140	24	and	and	CCONJ
fbem-28281	140	25	used	use	VERB
fbem-28281	140	26	the	the	DET
fbem-28281	140	27	eva	eva	NOUN
fbem-28281	140	28	model	model	NOUN
fbem-28281	140	29	to	to	PART
fbem-28281	140	30	conduct	conduct	VERB
fbem-28281	140	31	a	a	DET
fbem-28281	140	32	detailed	detailed	ADJ
fbem-28281	140	33	analysis	analysis	NOUN
fbem-28281	140	34	and	and	CCONJ
fbem-28281	140	35	evaluation	evaluation	NOUN
fbem-28281	140	36	of	of	ADP
fbem-28281	140	37	the	the	DET
fbem-28281	140	38	economic	economic	ADJ
fbem-28281	140	39	value	value	NOUN
fbem-28281	140	40	of	of	ADP
fbem-28281	140	41	the	the	DET
fbem-28281	140	42	enterprise	enterprise	NOUN
fbem-28281	140	43	.	.	PUNCT
fbem-28281	141	1	through	through	ADP
fbem-28281	141	2	this	this	DET
fbem-28281	141	3	method	method	NOUN
fbem-28281	141	4	,	,	PUNCT
fbem-28281	141	5	we	we	PRON
fbem-28281	141	6	can	can	AUX
fbem-28281	141	7	make	make	VERB
fbem-28281	141	8	a	a	DET
fbem-28281	141	9	preliminary	preliminary	ADJ
fbem-28281	141	10	estimate	estimate	NOUN
fbem-28281	141	11	of	of	ADP
fbem-28281	141	12	the	the	DET
fbem-28281	141	13	value	value	NOUN
fbem-28281	141	14	potential	potential	NOUN
fbem-28281	141	15	of	of	ADP
fbem-28281	141	16	catl	catl	NOUN
fbem-28281	141	17	,	,	PUNCT
fbem-28281	141	18	which	which	PRON
fbem-28281	141	19	not	not	PART
fbem-28281	141	20	only	only	ADV
fbem-28281	141	21	helps	help	VERB
fbem-28281	141	22	us	we	PRON
fbem-28281	141	23	to	to	PART
fbem-28281	141	24	better	well	ADV
fbem-28281	141	25	understand	understand	VERB
fbem-28281	141	26	the	the	DET
fbem-28281	141	27	effective	effective	ADJ
fbem-28281	141	28	information	information	NOUN
fbem-28281	141	29	contained	contain	VERB
fbem-28281	141	30	in	in	ADP
fbem-28281	141	31	the	the	DET
fbem-28281	141	32	company	company	NOUN
fbem-28281	141	33	's	's	PART
fbem-28281	141	34	annual	annual	ADJ
fbem-28281	141	35	report	report	NOUN
fbem-28281	141	36	,	,	PUNCT
fbem-28281	141	37	but	but	CCONJ
fbem-28281	141	38	also	also	ADV
fbem-28281	141	39	provides	provide	VERB
fbem-28281	141	40	managers	manager	NOUN
fbem-28281	141	41	with	with	ADP
fbem-28281	141	42	a	a	DET
fbem-28281	141	43	more	more	ADV
fbem-28281	141	44	accurate	accurate	ADJ
fbem-28281	141	45	analysis	analysis	NOUN
fbem-28281	141	46	of	of	ADP
fbem-28281	141	47	the	the	DET
fbem-28281	141	48	company	company	NOUN
fbem-28281	141	49	's	's	PART
fbem-28281	141	50	operating	operating	NOUN
fbem-28281	141	51	conditions	condition	NOUN
fbem-28281	141	52	.	.	PUNCT
fbem-28281	142	1	however	however	ADV
fbem-28281	142	2	,	,	PUNCT
fbem-28281	142	3	it	it	PRON
fbem-28281	142	4	should	should	AUX
fbem-28281	142	5	be	be	AUX
fbem-28281	142	6	pointed	point	VERB
fbem-28281	142	7	out	out	ADP
fbem-28281	142	8	that	that	SCONJ
fbem-28281	142	9	since	since	SCONJ
fbem-28281	142	10	the	the	DET
fbem-28281	142	11	eva	eva	NOUN
fbem-28281	142	12	model	model	NOUN
fbem-28281	142	13	mainly	mainly	ADV
fbem-28281	142	14	relies	rely	VERB
fbem-28281	142	15	on	on	ADP
fbem-28281	142	16	the	the	DET
fbem-28281	142	17	financial	financial	ADJ
fbem-28281	142	18	reporting	reporting	NOUN
fbem-28281	142	19	data	datum	NOUN
fbem-28281	142	20	of	of	ADP
fbem-28281	142	21	the	the	DET
fbem-28281	142	22	enterprise	enterprise	NOUN
fbem-28281	142	23	,	,	PUNCT
fbem-28281	142	24	these	these	DET
fbem-28281	142	25	financial	financial	ADJ
fbem-28281	142	26	reports	report	NOUN
fbem-28281	142	27	are	be	AUX
fbem-28281	142	28	often	often	ADV
fbem-28281	142	29	influenced	influence	VERB
fbem-28281	142	30	by	by	ADP
fbem-28281	142	31	various	various	ADJ
fbem-28281	142	32	factors	factor	NOUN
fbem-28281	142	33	,	,	PUNCT
fbem-28281	142	34	including	include	VERB
fbem-28281	142	35	but	but	CCONJ
fbem-28281	142	36	not	not	PART
fbem-28281	142	37	limited	limit	VERB
fbem-28281	142	38	to	to	ADP
fbem-28281	142	39	accounting	accounting	NOUN
fbem-28281	142	40	standards	standard	NOUN
fbem-28281	142	41	,	,	PUNCT
fbem-28281	142	42	audit	audit	NOUN
fbem-28281	142	43	processes	process	NOUN
fbem-28281	142	44	,	,	PUNCT
fbem-28281	142	45	and	and	CCONJ
fbem-28281	142	46	possible	possible	ADJ
fbem-28281	142	47	internal	internal	ADJ
fbem-28281	142	48	control	control	NOUN
fbem-28281	142	49	deficiencies	deficiency	NOUN
fbem-28281	142	50	.	.	PUNCT
fbem-28281	143	1	this	this	PRON
fbem-28281	143	2	means	mean	VERB
fbem-28281	143	3	that	that	SCONJ
fbem-28281	143	4	even	even	ADV
fbem-28281	143	5	if	if	SCONJ
fbem-28281	143	6	the	the	DET
fbem-28281	143	7	financial	financial	ADJ
fbem-28281	143	8	information	information	NOUN
fbem-28281	143	9	disclosed	disclose	VERB
fbem-28281	143	10	by	by	ADP
fbem-28281	143	11	a	a	DET
fbem-28281	143	12	company	company	NOUN
fbem-28281	143	13	is	be	AUX
fbem-28281	143	14	accurate	accurate	ADJ
fbem-28281	143	15	,	,	PUNCT
fbem-28281	143	16	it	it	PRON
fbem-28281	143	17	may	may	AUX
fbem-28281	143	18	not	not	PART
fbem-28281	143	19	fully	fully	ADV
fbem-28281	143	20	reflect	reflect	VERB
fbem-28281	143	21	the	the	DET
fbem-28281	143	22	true	true	ADJ
fbem-28281	143	23	operational	operational	ADJ
fbem-28281	143	24	situation	situation	NOUN
fbem-28281	143	25	of	of	ADP
fbem-28281	143	26	the	the	DET
fbem-28281	143	27	company	company	NOUN
fbem-28281	143	28	.	.	PUNCT
fbem-28281	144	1	furthermore	furthermore	ADV
fbem-28281	144	2	,	,	PUNCT
fbem-28281	144	3	when	when	SCONJ
fbem-28281	144	4	financial	financial	ADJ
fbem-28281	144	5	statements	statement	NOUN
fbem-28281	144	6	are	be	AUX
fbem-28281	144	7	intentionally	intentionally	ADV
fbem-28281	144	8	or	or	CCONJ
fbem-28281	144	9	unintentionally	unintentionally	ADV
fbem-28281	144	10	adjusted	adjust	VERB
fbem-28281	144	11	(	(	PUNCT
fbem-28281	144	12	known	know	VERB
fbem-28281	144	13	as	as	ADP
fbem-28281	144	14	financial	financial	ADJ
fbem-28281	144	15	statement	statement	NOUN
fbem-28281	144	16	embellishment	embellishment	NOUN
fbem-28281	144	17	)	)	PUNCT
fbem-28281	144	18	,	,	PUNCT
fbem-28281	144	19	such	such	ADJ
fbem-28281	144	20	adjustments	adjustment	NOUN
fbem-28281	144	21	are	be	AUX
fbem-28281	144	22	likely	likely	ADJ
fbem-28281	144	23	to	to	PART
fbem-28281	144	24	have	have	VERB
fbem-28281	144	25	a	a	DET
fbem-28281	144	26	negative	negative	ADJ
fbem-28281	144	27	impact	impact	NOUN
fbem-28281	144	28	on	on	ADP
fbem-28281	144	29	the	the	DET
fbem-28281	144	30	evaluation	evaluation	NOUN
fbem-28281	144	31	results	result	NOUN
fbem-28281	144	32	of	of	ADP
fbem-28281	144	33	the	the	DET
fbem-28281	144	34	eva	eva	PROPN
fbem-28281	144	35	model	model	NOUN
fbem-28281	144	36	.	.	PUNCT
fbem-28281	145	1	therefore	therefore	ADV
fbem-28281	145	2	,	,	PUNCT
fbem-28281	145	3	although	although	SCONJ
fbem-28281	145	4	the	the	DET
fbem-28281	145	5	eva	eva	NOUN
fbem-28281	145	6	model	model	NOUN
fbem-28281	145	7	can	can	AUX
fbem-28281	145	8	provide	provide	VERB
fbem-28281	145	9	us	we	PRON
fbem-28281	145	10	with	with	ADP
fbem-28281	145	11	valuable	valuable	ADJ
fbem-28281	145	12	clues	clue	NOUN
fbem-28281	145	13	and	and	CCONJ
fbem-28281	145	14	preliminary	preliminary	ADJ
fbem-28281	145	15	judgments	judgment	NOUN
fbem-28281	145	16	about	about	ADP
fbem-28281	145	17	enterprise	enterprise	NOUN
fbem-28281	145	18	value	value	NOUN
fbem-28281	145	19	,	,	PUNCT
fbem-28281	145	20	it	it	PRON
fbem-28281	145	21	is	be	AUX
fbem-28281	145	22	not	not	PART
fbem-28281	145	23	omnipotent	omnipotent	ADJ
fbem-28281	145	24	.	.	PUNCT
fbem-28281	146	1	for	for	ADP
fbem-28281	146	2	investors	investor	NOUN
fbem-28281	146	3	,	,	PUNCT
fbem-28281	146	4	they	they	PRON
fbem-28281	146	5	should	should	AUX
fbem-28281	146	6	combine	combine	VERB
fbem-28281	146	7	other	other	ADJ
fbem-28281	146	8	financial	financial	ADJ
fbem-28281	146	9	indicators	indicator	NOUN
fbem-28281	146	10	and	and	CCONJ
fbem-28281	146	11	market	market	NOUN
fbem-28281	146	12	information	information	NOUN
fbem-28281	146	13	to	to	PART
fbem-28281	146	14	obtain	obtain	VERB
fbem-28281	146	15	more	more	ADV
fbem-28281	146	16	comprehensive	comprehensive	ADJ
fbem-28281	146	17	and	and	CCONJ
fbem-28281	146	18	accurate	accurate	ADJ
fbem-28281	146	19	investment	investment	NOUN
fbem-28281	146	20	decision	decision	NOUN
fbem-28281	146	21	-	-	PUNCT
fbem-28281	146	22	making	make	VERB
fbem-28281	146	23	basis	basis	NOUN
fbem-28281	146	24	.	.	PUNCT
fbem-28281	147	1	in	in	ADP
fbem-28281	147	2	addition	addition	NOUN
fbem-28281	147	3	,	,	PUNCT
fbem-28281	147	4	when	when	SCONJ
fbem-28281	147	5	using	use	VERB
fbem-28281	147	6	the	the	DET
fbem-28281	147	7	eva	eva	NOUN
fbem-28281	147	8	model	model	NOUN
fbem-28281	147	9	for	for	ADP
fbem-28281	147	10	decisionmaking	decisionmake	VERB
fbem-28281	147	11	,	,	PUNCT
fbem-28281	147	12	managers	manager	NOUN
fbem-28281	147	13	should	should	AUX
fbem-28281	147	14	also	also	ADV
fbem-28281	147	15	consider	consider	VERB
fbem-28281	147	16	the	the	DET
fbem-28281	147	17	potential	potential	ADJ
fbem-28281	147	18	issues	issue	NOUN
fbem-28281	147	19	mentioned	mention	VERB
fbem-28281	147	20	above	above	ADV
fbem-28281	147	21	and	and	CCONJ
fbem-28281	147	22	take	take	VERB
fbem-28281	147	23	corresponding	corresponding	ADJ
fbem-28281	147	24	measures	measure	NOUN
fbem-28281	147	25	to	to	PART
fbem-28281	147	26	reduce	reduce	VERB
fbem-28281	147	27	the	the	DET
fbem-28281	147	28	negative	negative	ADJ
fbem-28281	147	29	impact	impact	NOUN
fbem-28281	147	30	of	of	ADP
fbem-28281	147	31	financial	financial	ADJ
fbem-28281	147	32	statement	statement	NOUN
fbem-28281	147	33	deviations	deviation	NOUN
fbem-28281	147	34	on	on	ADP
fbem-28281	147	35	enterprise	enterprise	NOUN
fbem-28281	147	36	value	value	NOUN
fbem-28281	147	37	.	.	PUNCT
fbem-28281	148	1	only	only	ADV
fbem-28281	148	2	in	in	ADP
fbem-28281	148	3	this	this	DET
fbem-28281	148	4	way	way	NOUN
fbem-28281	148	5	can	can	AUX
fbem-28281	148	6	we	we	PRON
fbem-28281	148	7	ensure	ensure	VERB
fbem-28281	148	8	the	the	DET
fbem-28281	148	9	accuracy	accuracy	NOUN
fbem-28281	148	10	of	of	ADP
fbem-28281	148	11	our	our	PRON
fbem-28281	148	12	enterprise	enterprise	NOUN
fbem-28281	148	13	value	value	NOUN
fbem-28281	148	14	assessment	assessment	NOUN
fbem-28281	148	15	and	and	CCONJ
fbem-28281	148	16	make	make	VERB
fbem-28281	148	17	wise	wise	ADJ
fbem-28281	148	18	management	management	NOUN
fbem-28281	148	19	decisions	decision	NOUN
fbem-28281	148	20	.	.	PUNCT
fbem-28281	149	1	references	reference	NOUN
fbem-28281	149	2	[	[	X
fbem-28281	149	3	1	1	NUM
fbem-28281	149	4	]	]	X
fbem-28281	149	5	deng	deng	PROPN
fbem-28281	149	6	yuancan	yuancan	PROPN
fbem-28281	149	7	analysis	analysis	NOUN
fbem-28281	149	8	of	of	ADP
fbem-28281	149	9	enterprise	enterprise	NOUN
fbem-28281	149	10	value	value	NOUN
fbem-28281	149	11	evaluation	evaluation	NOUN
fbem-28281	149	12	based	base	VERB
fbem-28281	149	13	on	on	ADP
fbem-28281	149	14	eva	eva	NOUN
fbem-28281	149	15	model	model	NOUN
fbem-28281	149	16	taking	take	VERB
fbem-28281	149	17	haier	haier	ADV
fbem-28281	149	18	smart	smart	ADJ
fbem-28281	149	19	home	home	NOUN
fbem-28281	149	20	as	as	ADP
fbem-28281	149	21	an	an	DET
fbem-28281	149	22	example	example	NOUN
fbem-28281	149	23	[	[	X
fbem-28281	149	24	j	j	X
fbem-28281	149	25	]	]	X
fbem-28281	149	26	modernization	modernization	NOUN
fbem-28281	149	27	of	of	ADP
fbem-28281	149	28	shopping	shopping	NOUN
fbem-28281	149	29	malls	mall	NOUN
fbem-28281	149	30	,	,	PUNCT
fbem-28281	149	31	2022	2022	NUM
fbem-28281	149	32	(	(	PUNCT
fbem-28281	149	33	16	16	NUM
fbem-28281	149	34	):	):	PUNCT
fbem-28281	149	35	21	21	NUM
fbem-28281	149	36	-	-	SYM
fbem-28281	149	37	23	23	NUM
fbem-28281	150	1	[	[	X
fbem-28281	150	2	2	2	NUM
fbem-28281	150	3	]	]	PUNCT
fbem-28281	150	4	xu	xu	PROPN
fbem-28281	150	5	lifei	lifei	PROPN
fbem-28281	150	6	,	,	PUNCT
fbem-28281	150	7	wang	wang	PROPN
fbem-28281	150	8	xuejiao	xuejiao	PROPN
fbem-28281	150	9	research	research	PROPN
fbem-28281	150	10	on	on	ADP
fbem-28281	150	11	the	the	DET
fbem-28281	150	12	value	value	NOUN
fbem-28281	150	13	evaluation	evaluation	NOUN
fbem-28281	150	14	model	model	NOUN
fbem-28281	150	15	of	of	ADP
fbem-28281	150	16	energy	energy	NOUN
fbem-28281	150	17	storage	storage	NOUN
fbem-28281	150	18	enterprises	enterprise	NOUN
fbem-28281	150	19	:	:	PUNCT
fbem-28281	150	20	a	a	DET
fbem-28281	150	21	case	case	NOUN
fbem-28281	150	22	study	study	NOUN
fbem-28281	150	23	of	of	ADP
fbem-28281	150	24	ningde	ningde	NOUN
fbem-28281	150	25	times	time	NOUN
fbem-28281	151	1	[	[	X
fbem-28281	151	2	j	j	X
fbem-28281	151	3	]	]	X
fbem-28281	151	4	friends	friend	NOUN
fbem-28281	151	5	of	of	ADP
fbem-28281	151	6	accounting	accounting	NOUN
fbem-28281	151	7	,	,	PUNCT
fbem-28281	151	8	2022	2022	NUM
fbem-28281	151	9	(	(	PUNCT
fbem-28281	151	10	15	15	NUM
fbem-28281	151	11	):	):	PUNCT
fbem-28281	151	12	18	18	NUM
fbem-28281	151	13	-	-	SYM
fbem-28281	151	14	25	25	NUM
fbem-28281	151	15	[	[	X
fbem-28281	151	16	3	3	NUM
fbem-28281	151	17	]	]	X
fbem-28281	151	18	zhou	zhou	PROPN
fbem-28281	151	19	baiyu	baiyu	PROPN
fbem-28281	151	20	value	value	NOUN
fbem-28281	151	21	evaluation	evaluation	NOUN
fbem-28281	151	22	of	of	ADP
fbem-28281	151	23	midea	midea	NOUN
fbem-28281	151	24	group	group	NOUN
fbem-28281	151	25	based	base	VERB
fbem-28281	151	26	on	on	ADP
fbem-28281	151	27	eva	eva	PROPN
fbem-28281	151	28	[	[	X
fbem-28281	151	29	j	j	X
fbem-28281	151	30	]	]	X
fbem-28281	151	31	modernization	modernization	NOUN
fbem-28281	151	32	of	of	ADP
fbem-28281	151	33	shopping	shopping	NOUN
fbem-28281	151	34	malls	mall	NOUN
fbem-28281	151	35	,	,	PUNCT
fbem-28281	151	36	2022	2022	NUM
fbem-28281	151	37	(	(	PUNCT
fbem-28281	151	38	12	12	NUM
fbem-28281	151	39	):	):	PUNCT
fbem-28281	151	40	184	184	NUM
fbem-28281	151	41	-	-	SYM
fbem-28281	151	42	186	186	NUM
fbem-28281	152	1	[	[	X
fbem-28281	152	2	4	4	NUM
fbem-28281	152	3	]	]	X
fbem-28281	152	4	shao	shao	PROPN
fbem-28281	152	5	chen	chen	PROPN
fbem-28281	152	6	enterprise	enterprise	PROPN
fbem-28281	152	7	value	value	NOUN
fbem-28281	152	8	evaluation	evaluation	NOUN
fbem-28281	152	9	based	base	VERB
fbem-28281	152	10	on	on	ADP
fbem-28281	152	11	eva	eva	PROPN
fbem-28281	152	12	model	model	NOUN
fbem-28281	152	13	[	[	X
fbem-28281	152	14	d	d	X
fbem-28281	152	15	]	]	X
fbem-28281	152	16	northeastern	northeastern	ADJ
fbem-28281	152	17	university	university	PROPN
fbem-28281	152	18	of	of	ADP
fbem-28281	152	19	finance	finance	NOUN
fbem-28281	152	20	and	and	CCONJ
fbem-28281	152	21	economics	economic	NOUN
fbem-28281	152	22	,	,	PUNCT
fbem-28281	152	23	2022	2022	NUM
fbem-28281	152	24	[	[	X
fbem-28281	152	25	5	5	NUM
fbem-28281	152	26	]	]	SYM
fbem-28281	152	27	mi	mi	PROPN
fbem-28281	152	28	shaojie	shaojie	PROPN
fbem-28281	152	29	research	research	NOUN
fbem-28281	152	30	on	on	ADP
fbem-28281	152	31	enterprise	enterprise	NOUN
fbem-28281	152	32	value	value	NOUN
fbem-28281	152	33	evaluation	evaluation	NOUN
fbem-28281	152	34	based	base	VERB
fbem-28281	152	35	on	on	ADP
fbem-28281	152	36	eva	eva	PROPN
fbem-28281	152	37	model	model	PROPN
fbem-28281	152	38	:	:	PUNCT
fbem-28281	152	39	a	a	DET
fbem-28281	152	40	case	case	NOUN
fbem-28281	152	41	study	study	NOUN
fbem-28281	152	42	of	of	ADP
fbem-28281	152	43	company	company	NOUN
fbem-28281	152	44	a	a	DET
fbem-28281	152	45	modernization	modernization	NOUN
fbem-28281	152	46	of	of	ADP
fbem-28281	152	47	shopping	shopping	NOUN
fbem-28281	152	48	malls	mall	NOUN
fbem-28281	152	49	,	,	PUNCT
fbem-28281	152	50	2022	2022	NUM
fbem-28281	152	51	(	(	PUNCT
fbem-28281	152	52	01	01	NUM
fbem-28281	152	53	):	):	PUNCT
fbem-28281	152	54	108	108	NUM
fbem-28281	152	55	-	-	SYM
fbem-28281	152	56	110	110	NUM
fbem-28281	152	57	[	[	X
fbem-28281	152	58	6	6	NUM
fbem-28281	152	59	]	]	PUNCT
fbem-28281	152	60	wang	wang	PROPN
fbem-28281	152	61	junyan	junyan	PROPN
fbem-28281	152	62	,	,	PUNCT
fbem-28281	152	63	long	long	ADV
fbem-28281	152	64	suying	suye	VERB
fbem-28281	152	65	research	research	NOUN
fbem-28281	152	66	on	on	ADP
fbem-28281	152	67	the	the	DET
fbem-28281	152	68	value	value	NOUN
fbem-28281	152	69	evaluation	evaluation	NOUN
fbem-28281	152	70	of	of	ADP
fbem-28281	152	71	unicorn	unicorn	ADJ
fbem-28281	152	72	enterprises	enterprise	NOUN
fbem-28281	152	73	based	base	VERB
fbem-28281	152	74	on	on	ADP
fbem-28281	152	75	eva	eva	PROPN
fbem-28281	152	76	:	:	PUNCT
fbem-28281	152	77	a	a	DET
fbem-28281	152	78	case	case	NOUN
fbem-28281	152	79	study	study	NOUN
fbem-28281	152	80	of	of	ADP
fbem-28281	152	81	ningde	ningde	NOUN
fbem-28281	152	82	times	time	NOUN
fbem-28281	153	1	[	[	X
fbem-28281	153	2	j	j	X
fbem-28281	153	3	]	]	X
fbem-28281	153	4	operations	operation	NOUN
fbem-28281	153	5	and	and	CCONJ
fbem-28281	153	6	management	management	NOUN
fbem-28281	153	7	,	,	PUNCT
fbem-28281	153	8	2022	2022	NUM
fbem-28281	153	9	(	(	PUNCT
fbem-28281	153	10	01	01	NUM
fbem-28281	153	11	):	):	PUNCT
fbem-28281	153	12	102	102	NUM
fbem-28281	153	13	-	-	SYM
fbem-28281	153	14	107	107	NUM
fbem-28281	154	1	[	[	X
fbem-28281	154	2	7	7	NUM
fbem-28281	154	3	]	]	PUNCT
fbem-28281	154	4	xia	xia	PROPN
fbem-28281	154	5	ziwei	ziwei	PROPN
fbem-28281	154	6	research	research	PROPN
fbem-28281	154	7	on	on	ADP
fbem-28281	154	8	value	value	NOUN
fbem-28281	154	9	evaluation	evaluation	NOUN
fbem-28281	154	10	of	of	ADP
fbem-28281	154	11	high	high	ADJ
fbem-28281	154	12	tech	tech	NOUN
fbem-28281	154	13	enterprises	enterprise	NOUN
fbem-28281	154	14	[	[	X
fbem-28281	154	15	j	j	X
fbem-28281	154	16	]	]	X
fbem-28281	154	17	shopping	shopping	NOUN
fbem-28281	154	18	mall	mall	PROPN
fbem-28281	154	19	modernization	modernization	NOUN
fbem-28281	154	20	,	,	PUNCT
fbem-28281	154	21	2021	2021	NUM
fbem-28281	154	22	(	(	PUNCT
fbem-28281	154	23	15	15	NUM
fbem-28281	154	24	):	):	PUNCT
fbem-28281	154	25	6	6	NUM
fbem-28281	154	26	-	-	SYM
fbem-28281	154	27	8	8	NUM