Variable Name

Average Value

Max Value

Min Values

Standard Deviation

Equity ratio of non-state-owned

47.23

98.72

12.36

21.57

Natural logarithm of tax

17.14

21.31

11.53

1.51

Natural logarithm of total assets

23.56

26.15

20.07

1.23

ROE

5.80

17.92

−44.19

6.94

Assets/liabilities ratio

44.16

89.19

6.34

15.53

shareholding ratio of the first shareholder

47.66

78.55

17.89

15.77

Growth rate of operating income

18.24

204.32

−49.89

37.29