His research shows rapidly growing sales often lead to very low levels of profit by Chinese companies, well below their cost of capital.
他的研究结果表明，中国企业的快速销售增长通常都伴随出现极低的利润率，低过其资金成本。
2
The distance between the sales line and the total cost line at a volume below the break-even point represents losses that will occur for various output levels.