股本下降 的英文怎麼說

中文拼音 [gǔběnxiàjiàng]
股本下降 英文
reduction of capital stock
  • 股 : Ⅰ名詞1 （大腿） thigh; haunches 2 （機關、企業、團體中的組織單位） section of an office or enterp...
  • 本 : i 名詞1 （草木的莖或根）stem or root of plants 2 （事物的根源）foundation; origin; basis 3 （本錢...
  • 下 : 下動詞1. （用在動詞后,表示由高處到低處） 2. （用在動詞后, 表示有空間, 能容納） 3. （用在動詞后, 表示動作的完成或結果）
  • 降 : 降動詞1. （投降） surrender; capitulate 2. （降伏） subdue; vanquish; tame
  • 股本 : capital stock; capital; stock; equity股本比率 ratio of capital stock; 股本持有比例 capital shares...
  1. Including the cost of paying employees in stock, microsoft spent 6. 8 billion on r and d last year, but said that number would be slightly lower at around 6 billion in fiscal 2005 due to the lower costs of issuing stock awards

    公司去年包括支付員工股票在內的研發成本為68億美元，但稱因發行股票獎勵成本下降，公司2005財年的數字將低於上財年。
  2. Criterion the present price of the stock presents downtrend basically

    則股票的現價基本呈現下降趨勢。
  3. Secondly, it is analyzed that tradable shareholders will suffer a great loss resulting from non - tradable shareholders ’ selling for profit encashment when they haven ’ t paid enough consideration price in the share structure reform, based on the fact that transfer prices of non - tradable shares are much lower than that of tradable shares, and comparison between the discount ratio of transfer price of non - tradable share to tradable share and the lower ratio converted from consideration price paid in the share structure reform, by the conception of share price overflow between different transferring system in china

    隨后本文援引華生關於我國股票市場流通股所存在的「流通性溢價」概念，通過非流通股轉讓價格遠低於流通股股價的事實，以及非流通股對流通股股價的折價率與股權分置改革方案給流通股股東帶來的折算的股價降低率之間的比對，說明了在股權分置改革對價水平不夠的情況下，非流通股股東為了兌現盈利而大量拋售股份和流通股股東因此蒙受虧損的狀況。
  4. To reduce the basis risk, this thesis offers a compound hedge policy on stock index futures and deduces the expressions of the hedge ratio in two instances when the cost is same or restricted. this paper analyses the investments of pension fund from 9 - 6 - 2003 to 7 - 10 - 2003, then it demonstrates the stock portfolio of pension found by the goal program model

    為了降低套期保值交易的基點差風險，本文提出了利用多種股票指數期貨對股票組合進行復合套期保值的策略，並給出了套期保值成本相同和限制套期保值成本兩種情況下的套期保值率公式。
  5. The high p / e ratio has confused the financial order, has strengthened financial risks, hinder the growth of the real economy, not benefit the forming of correct investment concept, encourage behavior of speculating, cause inefficient distribution full play of function. we can reduce the high p / e ratio, suppress the p / e ratio to increase, by improving the management level, perfecting stock right structure and administration structure of the listed company, strengthening supervision of the listed company, stopping up all sorts of abnormal behavior of the stock market, perfecting the stock market system, trying one ' s best to reduce the government ' s intervention, changing means of the government interfere etc. then the china stock market can get lasting, healthy development

    解決好我國股市市盈率過高的現象，可以從以下幾方面著手提高上市公司的經營水平，增強其盈利能力是降低股票市場市盈率的跟本；完善上市公司的股權結構，解決中國上市公司「一股獨大」的問題；要完善上市公司的治理結構，健全董事會制度是核心，發揮監事會職能實現權力制衡，構造適合中國國情的監督機關，對經營者激勵與約束同等重要，強化經營者的激勵和約束，讓利益相關者行動起來；加強監管，堵絕股票市場的種種不規范現象，對莊家的運作強化監管，對其違法違規行為加大懲治力度是促使中國股市持續、穩健發展所採取的必要措施；同時完善股票市場的制度建設，完善的退市機制，盡早推出確實可行的股票價格指數期貨市場；盡量減少政府的干預，轉變干預手段等。
  6. A substantial portion of the interest expenses associated with the notes could not be capitalized because most of the notes proceeds had not yet been employed as capital expenditure during the period

    由於大部份的票據款項尚未用於資本開支上，故有關之利息開支不能資本化處理，因此，報告年度內股東應占純利下降25 %至1 . 66億港元。
  7. Firstly, this article summarizes consideration modes appeared in share structure reform into 3 kinds, including share adjustment, cash payment, and warrants issuance, and proves that consideration modes of share adjustment are completely equivalent to each other, and that consideration modes of share adjustment are equivalent to cash payment and cash payment is equivalent to warrants issuance when we neglect some subordinate conditions. then it is concluded that when we neglect the subordinate conditions, all kinds of consideration modes can be unified as anyone of them, and comparison between different simple or even complex consideration modes can be made. thus all kinds of considerations can be converted to a discounted ratio of stock price decline to figure consideration price of any listed companies paid in share structure reform

    本文首先將股權分置改革中的對價方式歸納為股本調整類（非流通股股東向流通股股東送股、非流通股縮股、流通股擴股） 、現金對價和權證對價三大類，通過歸納兩類股東的對價水平評價指標，以及兩類股東的對價效用函數變量在一定條件下的相等，通過七個命題依次證明了股本調整類對價方式的完全等效性，以及在忽略一些次要變量的情況下股本調整與現金對價、現金對價與權證對價的等效性，由此得出在一定條件下可以將股權分置改革中的各種對價方式統一起來，以及不同類或者混合的對價方式之間可以比較對價水平的結論，並通過折算的股價降低率來表示上市公司股權分置改革的對價水平。
  8. Convertible bond is a convertible financing tool between bond and stock, convertible bond concurrently have features of bond, stock and option. its issue - clauses include interest rate, convertible ratio and convertible price, convertible date, call provision, put provision, strike - price - adjusted provision etc, convertible bond can reduce corporate financing cost and improve capital structure, investor can share corporate performance and income of convert bond

    可轉換債券是一種介於債券和股票之間的可轉換融資工具，可轉換債券兼具了債券、股票和期權的特徵。可轉換債券發行條款包括票面利率、轉換比率和轉換價格、轉換期、贖回條款、回售條款、向下修正條款及強制轉股條款等等；發行可轉換債券降低了公司融資成本和改善債務結構，投資者可以分享發行人業績增長和股票價格的上漲帶來的轉股收益。
  9. This paper ， from related document exposition ， i get the hint of staging investment about capital structure contract and establishes a more simple model ， in each stage of venture enterprise ' s quit ， have designed the optimal equity proportion contract between venture capitalist and entrepreneur ， through raising the effort level of entrepreneur reduce informational asymmetries ， and reach conclusion : in first stage ， the equity proportion of venture capitalist optimal fraction is 0. 5 ， in the following stage ， the equity proportion of venture capitalist tends to increase

    本文從相關的文獻論述中得到關于資本結構契約設計和分階段投資的啟示，建立了一個比較簡單，易操作的模型，在風險企業退出前的各階段，設計了風險資本家和企業家之間的最優的股權比例契約，通過提高企業家的努力程度來降低信息不對稱下的道德風險，並得出結論：在投資第一階段，風險資本家的股權比例最優解是1 / 2 ，以後的各階段，風險資本家的股權比例趨于增加。
  10. In management practice, many experts made a lot of research on material motivation means, which can be measured. with this study advantage, it has formed a perfect, structural system, and, it also develops in the new era, for example, the stock - share motivation etc. comparatively speaking, there are less research on the immaterial motivation, let alone to form a perfect, systematic structure. research on the immaterial motivation should be put on the agenda as the richening of material situation, the rising in management cost as well as the decreasing of marginal effect in material motivation

    在管理實踐中，激勵研究較多的、較為完善的是物質激勵手段，物質激勵以其可量化的研究優勢已經形成了一個較為完善的結構體系，而且在新時期也有所發展，如股權激勵等；而相對來講對于精神激勵，研究是較少的，也還沒有從激勵應用的角度形成一個比較完善的、系統的研究結構；但隨著物質條件的豐富、管理成本的上升以及物質激勵邊際效應的下降，對于精神激勵研究也必將提上日程。
  11. The purpose of this paper is to find out the characteristics of corporate restructuring and reorganizations under the background of strengthened supervision and improved accounting standards in 2001. using financial data on chinese public firms that had performed restructurings in 2001, this paper studies the impact of restructuring activities on firms " performance. it finds that performance of sample companies are better than the market average both before and after restructuring, but financial ratios does not improve obviously, what ' s more, the roe ratios even drop generally, which are very different from the characteristics during the past few years

    本文採用以財務數據為基礎進行評價的方法，對2001年上市公司資產重組進行研究發現，從資產重組的方式來看，收購兼并所佔比重最高，業績較好的公司偏向于選擇這種重組方式，而資產置換、股權轉讓仍為績差公司所青睞；從重組前後財務指標的變化來看，重組公司表現優於市場平均水平，但與往年重組公司當年業績即得到明顯提升不同， 2001年重組公司財務指標並未得到顯著提高，凈資產收益率更是全面下降，統計對比不支持上市公司利用資產重組調節公司績效的觀點。
  12. It ' s necessary to raise the cost of the stock financing to balance the cost of all kinds of financing channel so as to optimize the financing structure of the listed companies in our country. sixth, the relationship between financing structure and the change direction of performance has been empirical proved to be accord with the financing order theory of western countries

    6 、我國上市公司融資結構與業績變化的關系符合西方融資順序理論，理性的融資結構應該以內源融資一一債務融資?股權融資為順序，但實際情況卻是相反，並使得上市公司資金使用效率低下，業績總體上不斷下降，資本市場的資源配置功能沒能有效發揮。
  13. Most of current gsm public phones have their limitations, such as single function, upgrade with difficulty, xi ' an icechina co. ltd brought forward a new solution based on 32 - bit embedded system. the solution has it advantages on stability and expansibility, and implement remote code download, which greatly reduce maintenance cost

    現有的gsm無線公話多存在性能單一，不易升級，不易維護的問題，在此基礎上，西安易安信科技股份有限公司提出基於32位嵌入式系統的gsm無線公話解決方案，該方案具有穩定性好，易於擴展等優點，並且實現遠程代碼下載，極大降低維護成本。
  14. Chapter ii : theory analysis. this chapter mainly talks about three points. first the concept of eso system. eso is a kind of right of trading in own enterprise ' s stocks, which is given to certain senior staff by stockholders in legal view eso means civil right of new type, secend eso ' s theoretical basis : theory of agency, theory of corporate governance structure and theory of human capital. finally negative effects of eso system. that is, eso intends to cause hazards of insider control, management loss and morality

    在理論基礎上，股票期權受到了委託代理理論、公司法人治理結構理論和人力資本理論的支持，有助於降低委託代理成本和完善公司法人治理結構，滿足了知識經濟條件下人力資本升值的要求。與此同時，股票期權制度也具有加大內部人控制風險、誘發道德風險和企業管理風險的負面效應也引人關注。我國要實施股票期權制度必須關注其正面與負面效應。
  15. Under the influence of a weak cold air southward from the north china, some parts of shanghai will see scattered showers from this afternoon to tomorrow

    受北方一股弱冷空氣擴散南下影響，今天下午到明天白天本市將有一次弱降水過程，氣溫有所下降。
  16. The conclusion was drawn that state - owned listing companies deviated from maximizing value - added and the determination of their capital structure is significantly affected by governments administrative intervention and other institutional factors, so it did n ' t function to maximize corporate value - add and the value of listing companies declined continuously

    結果表明，國有控股上市公司沒有以公司價值最大化為目標取向，其資本結構的形成是一種政府干預下的非市場化結果，因此資本結構的選擇沒能實現公司價值最大化目標，造成上市公司價值的不斷下降。
  17. Earlier, samsung electronics in south korea had its biggest decline in four weeks and tokyo electron slid in japan as a deutsche bank analyst, fumiaki sato, said he expected demand for chips and liquid - crystal displays to slow in the second half

    較早時間，韓國的三星股票出現了近4周以來的最大跌幅，日本的東京電子也出現下滑。德意志銀行分析師fumiaki sato認為，今年下半年全球對半導體和液晶顯示器的需求會下降。
  18. Our research shows that when share prices are with downward tendency, financial indicators have impact on th stock returns as well. it also shows that " flock behaviours " exist in our stock market on the whole. however, in a couple of industries, stronger comprehensive financial information appear among these prominent factors

    分析還表明，當證券市場股票價格處于下降通道中，財務指標對股票收益率基本不產生影響，這也說明我國證券市場總體上存在一定程度的「羊群行為」 ，但在個別行業顯著影響因素中出現了財務信息綜合性較強的指標，在某種意義上，又表明投資者已開始綜合利用財務信息。
  19. If want with a view to to invest for a long time, unfavorable in trade lively when enter the arena, because right now, take high level for share price more, if enter the arena, build a warehouse, cost is potential on the high side, although what buy the stock invests admirably for outstanding achievement, can gain good dividend income, higher cost or meeting make invest pay rate drop

    如要著眼于長期投資，則不宜在交易熱鬧時進場，因為此時，多為股價走高的階段，如進場建倉，成本可能偏高，即使所購的股票為業績優良的投資股，能夠獲得不錯的股利收益，較高的成本還是會使投資報酬率下降。
  20. Thirdly, using thirty ( 30 ) samples stocks of shanghai thirty ( 30 ) indexes as the combination, the investment portfolio scale and the disperser risk degree, etc., were examined, the strategy of investment portfolio in shanghai stock market was also put forward. the results indicate that : 1 ) the systematic risk proportion in the investment risk has obviously dropped, but the non - systematic risk proportion obviously has gone up. 2 ) the stock systematic risk is one but not the only fact affecting the stock income rate

    結果表明：系統風險在投資風險中所佔比重已明顯下降，非系統風險所佔比重明顯上升；股票的系統風險是影響股票收益的一個因素，但不是影響股票收益率的唯一因素，非系統風險和總風險是影響股票預期收益的重要因素；股票的平均收益率與股票的系統風險存在正相關關系；在樣本時限內，對上海股市進行投資組合確實能有效地降低風險，上海股市適度的組合規模為15 20隻。
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