Business leverage ratio after year we see are approximately the same. Operating leverage in 1662, respectively, 1668, 1553 means that 1% fluctuations increased or reduced the impact of the revenue will make EBIT increased or reduced to 1,662%, 1,668%, 1,553%. Through analysis, we think that 2012 has the lowest operating leverage. This shows the level of economic risk, the company in 2012 was reduced to 2 years earlier. The reduction of operating leverage means lower lower business risk that the business incurs.
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