The elasticity is large between the division of research development stage and the condition of capitalization, which leaves opportunity for the enterprise to manipulate profit.

研究开发阶段的划分和满足资本化的条件弹性较大，给企业操纵利润留下了机会；

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While it was at its peak Apple became the company with the highest capitalization of any company anywhere, Q4 profit in 2012 higher than any non-oil company had ever posted, in effect making it the most successful company in the world.

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To be sure the stock market values high tech companies so highly (incredibly, Microsoft ranks second in terms of market capitalization, lagging only Exxon), partly because of their high profit margins and prospects for future growth.

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Companies, according to the report, will be eligible for listing if they have a market capitalization of at least 30 billion yuan and have a combined net profit of at least 3 billion yuan in the three years preceding the listing.

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