Share prices should reflect future, not past profits, hence the hope that the rally in China cleverly looks beyond today's problems to better times.
股价应该反映未来,而不是过去的利润。因此,对中国股市重振旗鼓的希望实则是聪明地看到了未来更好的时光,而不是眼下的问题。
The corporate return on revenues has risen the past two years to a peak of 14% - an unusually high level of profits - that is not expected to continue.
在过去的两年中,企业收入回报率上升了到了14%的高点——高得异乎寻常的利润率——预计这一水平将无法持续。
In the past five years many of Japan's big firms made record profits, but they have not been sharing their good fortune with their workers.
在过去的五年里许多日本的大企业获得了创纪录的利润,但它们并未将巨大的财富与员工分享。
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