| ROA | ROE | EPS | REVGR | NPM |
VAIC | 0.736*** | 0.704*** | 0.608*** | 0.244*** | 0.741*** |
| (0.000) | (0.000) | (0.000) | (0.000) | (0.000) |
RC | 0.677*** | 0.689*** | 0.620*** | 0.215*** | 0.574*** |
| (0.000) | (0.000) | (0.000) | (0.000) | (0.000) |
SC | 0.431*** | 0.403*** | 0.335*** | 0.151** | 0.429*** |
| (0.000) | (0.000) | (0.000) | (0.002) | (0.000) |
HC | −0.801*** | 0.772*** | 0.678*** | 0.280*** | 0.827*** |
| (0.000) | (0.000) | (0.000) | (0.000) | (0.000) |
LEV | −0.393*** | −0.311*** | −0.346*** | −0.045 | −0.421*** |
| (0.000) | (0.000) | (0.000) | (0.361) | (0.000) |
SIZE | 0.147*** | 0.147*** | 0.212*** | 0.132** | 0.193*** |
| (0.003) | (0.003) | (0.000) | (0.007) | (0.000) |