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收益

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Accrued income Income earned but neither received nor past due.

应计收益,应收未收收益未收到也未到期的已获收入。

The increase of these current assets are deducted from net income, the increase of current liabilities such as accounts payable, accrued liabilities, income taxes payable are added to net income.

相应地,这些流动资产的增加额要从净收益中减去,像应付账款、应计负债、应付所得税等流动负债的增加额要加到净收益上。

Accrued income: Income earn ed but neither received nor past due.

应计收益,应收未收收益:未收到也未到期的已获收入。

From the land-use system has nearly 20 years, the premium paid land use management in advance, optimizing the allocation of land resources, the rational allocation of land proceeds, the asset value of land, not to guarantee state land revenue loss, promote land market development, and played an important role.

从土地使用制度改革至今近20年中,地价管理在推进土地有偿使用、优化配置土地资源、合理分配土地收益、实现土地资产价值、保证国有土地收益不流失、促进土地市场建设等方面发挥了重要作用。

John Rogers, 11.30.05Once we understand the business and where we think it's going, we'll estimate the sustainable free cash flow the company can generate net income, plus depreciationand amortization, minus maintenance capital spending. Depending on the growth potential, defensibility and profitability of the business, we'll put a 10- 14x multiple on that free cash flow to arrive at a target price.

一旦我们理解公司并且它的发展方向,我们就会估计这家公司能够产生的持续的自由现金流——净收益+折旧+分期还款-净投资,依靠企业的成长潜力、可防御性和收益情况,我们会把目标价定为自由现金流的10-14倍。

Based on the theory of the control benefit driving capital allocation and the control arrangement under the special equity structure in Chinese listed company, this paper empirically studies the capital allocation resulting in control benefit firstly from fixed asset investment and equity merge.

基于控制权收益驱动公司资本配置行为的理论阐释,结合我国上市公司特有的股权结构及其导致的控制权分配格局,从固定资产投资和股权投资两个方面,对形成我国上市公司控制权收益的资本配置行为进行了实证研究。

This article analyzes the profit model of insurance companies in detail and validates the relevance between the prescripts which have been constituted by the China Insurance Regulatory Commission in the operation of insurance funds and the investment income of insurance companies through financial statements of the three companies, China Life, Ping An of China and China Pacific, which have been coming into A-stock market. It analyzes the relationship between the insurance company asset allocation and the funds income and risk of insurance companies by simulating the different insurance companies' earnings on different asset allocation and different equity investment yield, so as to arrive at the objective how to configure which prescripts to funds operation of insurance companies is reasonable, demonstrates the rationalities of insurance funds operation prescripts which have been constituted by the China Insurance Regulatory Commission, and considers the equity investment of insurance companies can be properly enhanced to thirty percent of total assets because China's economy will develop stably, chronically and at high-speed .

文中通过借助目前A股上市的中国人寿、中国平安和中国太保三家保险公司的报表详细地分析了保险公司的盈利模式,验证了保监会关于保险资金运用的管理规定与保险公司的投资收益率存在的相关性,并通过模拟在不同资产配置及不同股权投资收益率下保险公司最后的收益情况,用数据分析了保险公司资产配置与保险公司的资金收益和风险的关系,从而得出保险公司的资金运用怎样规定才是合理的,也论证了保监会对保险资金运用的管理规定的合理性,并认为在我国经济仍将长期稳定高速发展的情况下,可适当将保险公司的股权投资比例提高到总资产的30%。

According to the model, an asset's or stock's return equals risk-free return plus risk premium.

即资产或股票的收益等于无风险收益加风险溢价。

Based on the model, we use Monte Carlo simulation method to produce a time series, compute the kurtosis, tail-index and the autocorrelation coefficient of the time series and compare it with the corresponding index of the real return series of Shanghai stock markets.

在模型的基础上,利用蒙特卡罗仿真方法生成了股市收益时间序列样本,计算了仿真数据的峰度、尾指数和自相关系数,并与我国上证指数真实收益序列的相应指标进行了对比分析。

It turns out that this model can sufficiently illustrate the characteristics of fat-tail and autocorrelation of stock market returns.

模型的仿真结果显示了证券收益的尖峰厚尾特征以及收益序列的自相关性。

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