Economic growth rate is the comparison between the gross national product at the end of the period and the gross national product at the base period. The GNP at the end of the period is calculated at the current price at the end of the period, and the growth rate obtained is the nominal economic growth rate.
The final GNP is calculated at constant price (i.e. base price), and the growth rate obtained is the actual economic growth rate. When measuring economic growth, the actual economic growth rate is generally used. Economic growth rate, also known as economic growth rate, is a dynamic indicator reflecting the change degree of economic development level in a certain period, and it is also a basic indicator reflecting whether a country's economy is dynamic.
growth rate
Basic growth rate: refers to the growth rate that an enterprise can achieve with its own resources (total assets = equity capital+debt capital) if it uses appropriate financial leverage (debt D/ equity E) according to its past profitability (EBIT in the latest year).
G = (1- dividend rate) [ROA+D/E(ROA- 1 annual loan interest rate)].
In which: ROA= EBIT/ total assets at the end of the year after deducting non-recurring gains and losses/after adjustment; Dividend payment rate = recently distributed cash dividend/recently distributable profit; D= short-term loans at the end of the year+long-term debts due within 0 years+long-term loans+bonds payable; E= adjusted year-end net assets.
Above content reference: Baidu Encyclopedia-Achievement rate