求翻译：公司财务政策最直接的表现就是公司的负债比率。尽管使用市场价值来计算负债比率能够更加真实的体现公司的价值，但是由于能获取的中国股市数据中还存在非流通股份，无法计算其市场价值，因此本文仍然采用帐面值来计算上市公司的负债比率。是什么意思？

The most direct expression of the company's financial policy is the company's gearing ratio. Although the use of market value to calculate the debt ratio to more realistic to reflect the company's value, but the non-tradable shares, and its market value can not be calculated, so this is still used t

Corporate Financial Policy The most direct manifestation is the company's debt ratio. Although the market value to calculate debt ratio to be more of the value of a corporation, however, because the Chinese stock market will be able to obtain data, there are also non-negotiable shares, and it is imp

The corporate finance policy most direct performance is company's debt ratio.Although uses the market value to calculate the debt ratio to be able more real to manifest the company the value, but because can gain in the Chinese Stock market data also has the non-circulation stock, is unable to calcu

Most directly the performance of the company's financial policy is the company's debt ratio. Although the market value to calculate the debt ratio can be more true embodiment of the company's value, but China can get stock market data also exists in non-circulating shares, its market value cannot be

正在翻译，请等待...