【正文】
s capital structure , panies can measure the level of risk and longterm solvency. Balance is high , indicating a good corporate financing efficiency , the role of financial leverage was a good play , but acpanied by high risk. Third, the study of meaning Business growth is the pany continued to tap the potential of the internal and external resources on the basis of the show 39。s profitability In this paper ROE (ROE) to measure the profitability of the pany , namely the ratio of ine and assets . ROE is a reflection of the profitability of the core indicators , the higher the index , the better to reflect the profitability . ( 2 ) the pany operating capacity In this paper, total asset turnover , ie the ratio of main business ine to average total assets , said the pany operating capacity . Primarily reflecting the efficiency of the Company39。s growth can be used to measure a number of financial indicators , including the main business revenue growth and profit growth are two of the more important indicators , the former reflects the trend of business scale, which reflects the change in status of operating efficiency . Select this article reflect the pany39。 standing investor39。s shares held by the promoters , from the date of establishment of the pany shall not be transferred within three years . While the GEM Listing Rules, the provisions relating to the pany , all shareholders of the Company prior to the date of public offering of shares of listed panies since , a year may not sell its stake in the pany. Such provisions in favor of the GEM market liquidity and make the market more active. GEM established economic significance : As the inparable advantages of the above GEM , GEM will set up microeconomic development have a tremendous impetus. First, the establishment of GEM can inspire entrepreneurship and entrepreneurial behavior of the munity, to provide material support and technical foundation for economic development. Secondly , the establishment of GEM can inspire entrepreneurial investment. GEM gives an effective capital market pricing mechanism and exit mechanism to stimulate investors to take high risk entrepreneurial zeal and courage , and promote the development of mercial hightech , hightech industrialization. Finally , the establishment of the GEM market will have a beneficial impact on China39。s prospects and growth potential , which is lower than the mature listing standards motherboard market . The main aim is to support small and medium enterprises , especially high growth enterprises , establish a normal exit mechanism for the venture capital and venture capital panies , providing a platform for innovation financing national strategy for multilevel capital market system building blocks . It can be said , the GEM is a low threshold , high risk , highly regulated stock market , but also a hightech incubator , the cradle of growing businesses . GEM has the following characteristics: A lower listing requirements . First, there is no requirement on the earnings , assets have not followed the requirements for . Partly because of the GEM market oriented small and medium enterprises , the ente