Merge branch 'main' into release

docs/learn/--101.mdx

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+---
+title: "库藏股"
+slug: "/en/learn/--101"
+id: "101"
+hide_table_of_contents: true
+---
+
+import { ArticleMeta } from "@site/src/components/article-meta";
+import { AIContent } from "@site/src/components/ai-content";
+
+# 库藏股
+
+<ArticleMeta id={101} updatedAt={'2024-09-13 12:06:39'} alias={`[]`} />
+<div className='border-solid border-b border-t-0 my-4 border-[var(--ifm-color-gray-300)]' />
+
+Treasury stock refers to the shares of stock that a company repurchases but does not cancel or destroy, instead retaining them in the company's balance sheet as capital. Treasury stock typically does not have dividend or voting rights, and therefore does not affect the shareholders' equity of the company. The existence of treasury stock helps the company manage its capital structure and stock price.
+
+<AIContent content={`<p><strong>Definition:</strong> Treasury stock refers to shares that a company has repurchased but not canceled or destroyed, instead retaining them on the company's balance sheet. Treasury stock typically does not enjoy dividends or voting rights, thus having no impact on shareholders' equity. The existence of treasury stock helps the company manage its capital structure and stock price.</p><p><strong>Origin:</strong> The concept of treasury stock originated from companies' actions to flexibly manage their capital structure and stock price through stock repurchases. The earliest stock repurchases can be traced back to the early 20th century when companies realized that repurchasing shares could effectively enhance shareholder value and control the capital structure.</p><p><strong>Categories and Characteristics:</strong> Treasury stock can be divided into two categories: shares actively repurchased by the company and shares acquired through mergers or acquisitions. Actively repurchased treasury stock is often used for employee incentive plans or future capital operations, while treasury stock obtained through mergers or acquisitions may be used for strategic adjustments. The main characteristics of treasury stock include: 1. No entitlement to dividends or voting rights; 2. Can be reissued or canceled at any time; 3. Helps stabilize stock price and optimize capital structure.</p><p><strong>Specific Cases:</strong> Case 1: A company repurchased some shares during a market downturn and retained them as treasury stock on the balance sheet. Years later, when the market recovered, the company reissued these treasury shares, successfully raising new funds. Case 2: Another company used treasury stock for an employee incentive plan, avoiding dilution of existing shareholders' equity while motivating employees.</p><p><strong>Common Questions:</strong> 1. Does treasury stock affect shareholders' equity? Answer: Treasury stock does not enjoy dividends or voting rights, so it has no direct impact on shareholders' equity. 2. Why do companies repurchase shares and retain them as treasury stock? Answer: Companies repurchase shares and retain them as treasury stock to flexibly manage their capital structure, stabilize stock prices, and prepare for future capital operations or employee incentive plans.</p>`} id={101} />

docs/learn/--90.mdx

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+---
+title: "实缴资本"
+slug: "/en/learn/--90"
+id: "90"
+hide_table_of_contents: true
+---
+
+import { ArticleMeta } from "@site/src/components/article-meta";
+import { AIContent } from "@site/src/components/ai-content";
+
+# 实缴资本
+
+<ArticleMeta id={90} updatedAt={'2024-09-13 12:06:59'} alias={`[]`} />
+<div className='border-solid border-b border-t-0 my-4 border-[var(--ifm-color-gray-300)]' />
+
+Paid-in capital refers to the total amount of capital actually received by a joint-stock company from all shareholders. Paid-in capital includes paid-in share capital and paid-in surplus reserve.
+
+<AIContent content={`<p><strong>Definition:</strong> Paid-in capital refers to the total amount of capital that a company has actually received from its shareholders. It includes paid-in share capital and paid-in surplus reserves. Paid-in capital is a crucial part of a company's capital structure, reflecting the funds the company has actually obtained from its shareholders.</p><p><strong>Origin:</strong> The concept of paid-in capital originates from corporate law and accounting standards, aiming to ensure the transparency and accuracy of a company's financial statements. With the development of joint-stock companies, paid-in capital has become an important indicator of a company's capital strength and shareholder equity.</p><p><strong>Categories and Characteristics:</strong> Paid-in capital mainly consists of two categories: paid-in share capital and paid-in surplus reserves.<ul><li><strong>Paid-in Share Capital:</strong> This refers to the amount of capital that shareholders have actually paid in after the company issues shares. It is part of the company's registered capital and reflects the initial investment from shareholders.</li><li><strong>Paid-in Surplus Reserves:</strong> This refers to the undistributed profits accumulated by the company during its operations, which are converted into capital through a resolution of the shareholders' meeting. It reflects the company's internally accumulated financial strength.</li></ul></p><p><strong>Specific Cases:</strong><ul><li><strong>Case 1:</strong> A company has a registered capital of 10 million yuan and has actually received 8 million yuan from shareholders. This 8 million yuan is the paid-in share capital part of the paid-in capital.</li><li><strong>Case 2:</strong> A company accumulates 2 million yuan of undistributed profits during its operations. After a resolution of the shareholders' meeting, this 2 million yuan is converted into capital, which is the paid-in surplus reserves part of the paid-in capital.</li></ul></p><p><strong>Common Questions:</strong><ul><li><strong>Question 1:</strong> What is the difference between paid-in capital and registered capital?<br/><strong>Answer:</strong> Registered capital is the total capital registered with the industrial and commercial authorities, while paid-in capital is the actual amount of capital received from shareholders. There may be differences between the two.</li><li><strong>Question 2:</strong> Does paid-in capital affect the company's financial statements?<br/><strong>Answer:</strong> Yes, paid-in capital directly affects the company's balance sheet, reflected in the shareholders' equity section.</li></ul></p>`} id={90} />

docs/learn/accounts-receivable-financing-102187.mdx

@@ -5,11 +5,14 @@ id: "102187"
 hide_table_of_contents: true
 ---
 
-import {ArticleMeta} from '@site/src/components/article-meta'
+import { ArticleMeta } from "@site/src/components/article-meta";
+import { AIContent } from "@site/src/components/ai-content";
 
 # Accounts Receivable Financing
 
-<ArticleMeta id={102187} updatedAt={'2023-09-26 13:59:00'} />
+<ArticleMeta id={102187} updatedAt={'2024-09-12 17:33:31'} />
 <div className='border-solid border-b border-t-0 my-4 border-[var(--ifm-color-gray-300)]' />
 
-Accounts receivable (AR) financing is a type of financing arrangement in which a company receives financing capital related to a portion of its accounts receivable. Accounts receivable financing agreements can be structured in multiple ways usually with the basis as either an asset sale or a loan.
+<p>Accounts Receivable Financing is a financing method where a business uses its outstanding receivables as collateral or sells them to financial institutions or investors to obtain cash flow. This type of financing helps businesses accelerate cash flow, meet short-term operational funding needs, and avoid cash flow shortages.</p><p>Main types of Accounts Receivable Financing include:</p><p>Factoring: The business sells its receivables to a factoring company. The factoring company pays the business a portion of the invoice value upfront and the remaining amount, minus a fee, once the debtor pays.<br/>Accounts Receivable Pledge Loan: The business uses its receivables as collateral to borrow money from a bank or financial institution. The loan amount is typically a percentage of the receivables' value.<br/>Invoice Financing: The business uses unpaid invoices as collateral to obtain financing from financial institutions. The financing amount is typically a percentage of the invoice value.</p><p><br/>Key characteristics of Accounts Receivable Financing include:</p><p>Quick Cash Access: Businesses can quickly convert outstanding receivables into cash, alleviating cash flow pressure.<br/>Improved Cash Flow: Helps businesses accelerate cash flow and improve operational efficiency.<br/>No New Debt: Particularly with factoring, businesses do not add debt to their balance sheets, improving financial statements.<br/>Risk Reduction: By transferring the collection risk of receivables, businesses can reduce the risk of bad debts.<br/>Example of Accounts Receivable Financing application:<br/>Suppose a company has $100,000 in receivables and sells them to a factoring company. The factoring company pays the business $80,000 in cash upfront and the remaining $20,000, minus fees, once the debtor pays. Through accounts receivable financing, the company quickly gains cash flow to support daily operations.</p>
+
+<AIContent content={`<p><strong>Definition:</strong></p><p>Accounts Receivable Financing is a type of business financing where a company uses its outstanding invoices as collateral or sells them directly to financial institutions or investors to obtain cash flow. This type of financing helps businesses accelerate cash flow, meet short-term operational funding needs, and avoid cash flow shortages.</p><p><strong>Origin:</strong></p><p>The concept of accounts receivable financing dates back to medieval Europe, where merchants would sell their future receivables to financial institutions to obtain immediate cash flow. With the development of global trade, this financing method has evolved and is now widely used in modern financial systems.</p><p><strong>Categories and Characteristics:</strong></p><p>The main types of accounts receivable financing include:</p><ul><li><strong>Factoring:</strong> The company sells its receivables to a factoring company, which pays a portion of the invoice amount upfront. The remaining balance, minus fees, is paid to the company once the debtor pays the invoice.</li><li><strong>Accounts Receivable Pledge Loan:</strong> The company uses its receivables as collateral to obtain a loan from a bank or financial institution. The loan amount is usually a percentage of the receivables' value.</li><li><strong>Invoice Financing:</strong> The company uses its unpaid invoices as collateral to obtain financing from a financial institution. The financing amount is typically a percentage of the invoice value.</li></ul><p>The main characteristics of accounts receivable financing include:</p><ul><li><strong>Quick Access to Cash:</strong> Companies can quickly convert their outstanding invoices into cash, alleviating cash flow pressure.</li><li><strong>Improved Cash Flow Turnover:</strong> Helps businesses accelerate cash flow turnover and improve operational efficiency.</li><li><strong>No Additional Debt:</strong> Especially in factoring, it does not increase the company's debt burden, improving financial statements.</li><li><strong>Risk Reduction:</strong> By transferring the collection risk of receivables, companies can reduce bad debt losses.</li></ul><p><strong>Specific Cases:</strong></p><p>Case 1: Suppose a company has $100,000 in receivables and sells them to a factoring company. The factoring company pays the business $80,000 upfront, and the remaining $20,000, minus fees, is paid once the debtor pays the invoice. Through accounts receivable financing, the company quickly obtains cash flow to support daily operations.</p><p>Case 2: A small to medium-sized enterprise has a large number of unpaid invoices totaling $500,000. The company uses these invoices as collateral to apply for invoice financing from a bank. The bank provides financing based on 80% of the invoice value, which is $400,000. With this financing, the company can promptly pay suppliers and employee wages, maintaining normal operations.</p><p><strong>Common Questions:</strong></p><p>1. <strong>Does accounts receivable financing affect a company's credit rating?</strong><br/>Usually not, especially in factoring, as it does not increase the company's debt burden.</p><p>2. <strong>Is the cost of accounts receivable financing high?</strong><br/>The cost depends on the type of financing and the financial institution's fee structure. Companies should conduct detailed comparisons before choosing.</p>`} id={102187} />

docs/learn/achievement-rate-91.mdx

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+---
+title: "Achievement Rate"
+slug: "/en/learn/achievement-rate-91"
+id: "91"
+hide_table_of_contents: true
+---
+
+import { ArticleMeta } from "@site/src/components/article-meta";
+import { AIContent } from "@site/src/components/ai-content";
+
+# Achievement Rate
+
+<ArticleMeta id={91} updatedAt={'2024-09-13 12:07:00'} alias={`[]`} />
+<div className='border-solid border-b border-t-0 my-4 border-[var(--ifm-color-gray-300)]' />
+
+Implementation rate refers to the ratio of actual completed goals or plans to expected goals or plans. In the financial field, the implementation rate can represent the difference between actual revenue, profit, or investment return rate and expected revenue, profit, or investment return rate. The higher the implementation rate, the closer or exceeding the actual completed goals to the expected ones.
+
+<AIContent content={`<p><strong>Definition:</strong> Achievement rate refers to the ratio of the actual completed goals or plans to the expected goals or plans. In the financial field, the achievement rate can represent the difference between actual income, profit, or return on investment and expected income, profit, or return on investment. The higher the achievement rate, the closer or even surpassing the actual completed goals to the expected ones.</p><p><strong>Origin:</strong> The concept of the achievement rate originates from management and financial analysis, initially used to evaluate the performance of enterprises and the completion of projects. Over time, this concept has been widely applied in various industries and fields to measure the difference between actual results and expected goals.</p><p><strong>Categories and Characteristics:</strong> The achievement rate can be divided into several types, mainly including:<ul><li><strong>Revenue Achievement Rate:</strong> Measures the ratio of actual revenue to expected revenue.</li><li><strong>Profit Achievement Rate:</strong> Measures the ratio of actual profit to expected profit.</li><li><strong>Return on Investment Achievement Rate:</strong> Measures the ratio of actual return on investment to expected return on investment.</li></ul>These achievement rates are characterized by their ability to intuitively reflect the difference between actual performance and expected goals, helping managers in performance evaluation and decision-making.</p><p><strong>Specific Cases:</strong><ul><li><strong>Case 1:</strong> A company set an annual revenue target of 1 million yuan at the beginning of the year, and the actual revenue at the end of the year was 900,000 yuan, resulting in a revenue achievement rate of 90%. This indicates that the company's actual revenue is close to the expected target but still has some gap.</li><li><strong>Case 2:</strong> An investment project had an expected return rate of 10%, and the actual return rate was 12%, resulting in a return on investment achievement rate of 120%. This indicates that the project's actual return exceeded expectations, performing excellently.</li></ul></p><p><strong>Common Questions:</strong><ul><li><strong>Does an achievement rate below 100% mean failure?</strong> Not necessarily. An achievement rate below 100% may indicate that the target was set too high or that external conditions changed, but it does not necessarily mean failure.</li><li><strong>How to improve the achievement rate?</strong> The achievement rate can be improved by setting reasonable goals, enhancing execution, and monitoring progress.</li></ul></p>`} id={91} />