Search results

This paper examines the financial ratios that may have a significant effect on the efficiency in Malaysian listed companies. Nine financial ratios measure seven variables which are firm visibility, tangibility, working capital, leverage, liquidity, productivity and profitability.

Data are collected from 108 public listed companies in Malaysia. The data extracted from companies' annual reports for three years 2012–2014. STATA software analysis is used to examine these relationships.

The results show each of tangibility and liquidity have negative relationships with efficiency ratio. In against of that, profitability, working capital and productively positively link to efficiency. Leverage which is measured by two ratios – Debt ratio and Debt equity ratio – shows mix results. Debt ratio shows a positive but not significant relationship with efficiency ratio and Debt equity ratio shows a negative significant relationship with efficiency ratio.

The results benefit companies, investors, economists and governments regulators in Malaysia-to understand the efficiency determinants, so help to make the right decision to enhance the efficiency level in companies which leads to enhance the amount of investments which in turn, enhance the country's economy in general.

This study differs than previous studies number of aspects: first the study covers a three years' period between 2012 and 2014, this period presents the movement of Malaysian current into depreciation with more than 45 percent of its value. Second, in the Malaysia context, this study examines new variables such as firm visibility, tangibility, and productivity. Third, the results of this study will help managers, shareholders, investors, regulators and other parties to make right decisions that will enhance the level of firm efficiency which enhances the investments and the economy of Malaysia.

Urban tropospheric ozone (O₃) concentrations can reach 40 folds its background level due to traffic‐induced emissions and extensive industrial activities. As such, O₃ has become a pervasive air pollution problem in urban areas despite major efforts to control its precursors. In this paper, O₃ formation mechanisms are briefly described, countrywide emissions with emphasis on O₃ precursors are summarized, and field measurements of O₃ background levels and its precursors in an urban area are presented. Simulation results using a photochemical air quality model including a sensitivity analysis with respect to design ratios and mixing heights are then presented. Mitigation alternatives and policies to control O₃ formation are examined in the context of country‐specific characteristics.

The purpose of this study is to test the concept of a relatively low cost but biocompatible customized surgical guide printing method using a new composite material for the FDM process to support accurate virtual model reconstruction in CT.

Current additive manufacturing printed surgical guides have problems of scanning artifacts or low computed tomography (CT) values for virtual model reconstruction in CT-assisted surgical operations. These tools always face difficulties in precise positioning due to the effect of human soft tissues and manually made unstable landmarks. To solve this problem, this paper proposes a modified material, polyetheretherketone powder mixed with barium sulfate powder, for printing customized surgical guides with relatively low cost to support a synchronized scanning strategy, for the accurate reconstruction of human tissues and in vitro models.

A set of benchmarking experiments and clinical simulation cases were conducted. The results showed that the proposed solution can be used to print surgical guides to form stable and clear CT graphs for three-dimensional digital model reconstruction. Human tissues and in vitro models can be accurately reconstructed using clear CT graphs without any scanning artifacts or difficulties in image segmentation for virtual model reconstruction, thus facilitating accurate operation guidance and positioning.

This method has wide application potential for printing modular or customized surgical guides with low cost and reusability, especially for surgical operations using CT-assisted navigation systems in underdeveloped regions where medical device costs are a critical issue.

The Chinese Telecoms Industry has been rapidly growing over the years since 2001. An analysis of financial performance of the three giants in this industry is very important. However, it is difficult to know how many ratios can be used best with little information loss. The paper aims to discuss this issue.

A total of 18 financial ratios were calculated based on the financial statements for three companies, namely, China Mobile, China Unicom and China Telecom for a period of 17 years. A principal component analysis was run to come up with variables with significance value above 0.5 from each component.

At the end, the authors conclude how financial performance can be analysed using 12 ratios instead of the costly analysis of too many ratios that may be complex to interpret. The results also showed that ratios are all related as they come from the same statements, hence, the authors can use a few to represent the rest with limited loss of information.

This study will help different stakeholders who are interested in the financial performance of each company by giving them a shorter way to analyse performance. It will also assist those who do financial reporting on picking the ratios which matter in reflecting the performance of their companies. The use of PCA gives unbiased ratios that are most significant in assessing performance.

Explore the development trend of chemically-improved soil in railway engineering.

In this paper, the technical standards home and abroad were analyzed. Laboratory test, field test and monitoring were carried out.

The performance design system of the chemically-improved soil should be established.

On the basis of the performance design, the test methods and standards for various properties of chemically-improved soil should be established to evaluate the improvement effect and control the engineering quality.

The purpose of this study is to show the emissions related to electric consumption in electric aviation. Aviation, being one of the main transportation and economical driver of global trade and consumerism, is responsible for an important ratio of anthropogenic emissions. Electric energy use in aircraft propulsion is gaining interest as a method of providing sustainable and environmentally friendly aviation. However, the production of electricity is more energy and emission sensitive compared to conventional jet fuel.

A well-to-pump (WTP) energy use and emission analysis were conducted to compare the electricity and conventional jet fuel emissions. For the calculations, a software and related database which is developed by Argonne’s Greenhouse gas, Regulated Emissions, and Energy use in Transportation (GREET^®) model is used to determine WTP analysis for electricity production and delivery pathways and compared it to baseline conventional jet fuel.

The WTP results show that electricity production and transmission have nine times higher average emissions compared to WTP emissions of conventional jet fuel. The future projection of emission calculations presented in this paper reveals that generating electricity from more renewable sources provides only a 50% reduction in general emissions. The electricity emission results are sensitive to the sources of production.

The main focus of this study is to analyze the WTP emissions of electric energy and conventional jet fuel for use on hybrid aircraft propulsion.

Over dependence on river/sea sand as building material has impacted the environment negatively. However, laterite, which is an environment-friendly indigenous building material in sub-Saharan Africa, has been less exploited as a suitable alternative. This paper aims to ascertain the optimum cement–laterite mix proportion at which laterite can be stabilized for production of walling units.

Using an experimental method, laterite was collected from three borrow pit sites. Sieve analysis was performed to determine the particle size distribution. Also, the degree of workability of the cement–laterite mix was ascertained using slump test. Compressive strengths were determined at cement stabilization percentages of 3%, 7% and 10% on 12 cubes of100 mm cast and cured for 14 and 28 days, respectively.

The results showed that the lateritic soil investigated, achieves its optimum strength in 28 days of curing, at a stabilization level of 10%. An average compressive strength of 2.41 N/mm2, which is 20.5% greater than the target strength, was achieved.

To meet the desired compressive strength of alternative walling units while achieving environmental sustainability and efficiency in production, cement stabilization of lateritic soils should become a recommended practice by built environment professionals in sub-Saharan Africa.

This paper is one of the first research works that attempts to determine the optimum level at which the abundant sub-Saharan laterite can be chemically stabilized for the production of non-load bearing walling units. This research promotes an environment-friendly alternative building material to sea sand, river sand and off-shore sand.

Demand for Geopolymer concrete (GPC) has increased recently because of its many benefits, including being environmentally sustainable, extremely tolerant to high temperature and chemical attacks in more dangerous environments. Like standard concrete, GPC also has low tensile strength and deformation capacity. This paper aims to analyse the utilization of incinerated bio-medical waste ash (IBWA) combined with ground granulated blast furnace slag (GGBS) in reinforced GPC beams and columns. Medical waste was produced in the health-care industry, specifically in hospitals and diagnostic laboratories. GGBS is a form of industrial waste generated by steel factories. The best option to address global warming is to reduce the consumption of Portland cement production and promote other types of cement that were not a pollutant to the environment. Therefore, the replacement in ordinary Portland cement construction with GPC is a promising way of reducing carbon dioxide emissions. GPC was produced due to an alkali-activated polymeric reaction between alumina-silicate source materials and unreacted aggregates and other materials. Industrial pollutants such as fly ash and slag were used as raw materials.

Laboratory experiments were performed on three different proportions (reinforced cement concrete [RCC], 100% GGBS as an aluminosilicate source material in reinforced geopolymer concrete [GRGPC] and 30% replacement of IBWA as an aluminosilicate source material for GGBS in reinforced geopolymer concrete [IGRGPC]). The cubes and cylinders for these proportions were tested to find their compressive strength and split tensile strength. In addition, beams (deflection factor, ductility factor, flexural strength, degradation of stiffness and toughness index) and columns (load-carrying ability, stress-strain behaviour and load-deflection behaviours) of reinforced geopolymer concrete (RGPC) were studied.

As shown by the results, compared to Reinforced Cement Concrete (RCC) and 100% GGBS based Reinforced Geopolymer Concrete (GRGPC), 30% IBWA and 70% GGBS based Reinforced Geopolymer Concrete (IGRGPC) (30% IBWA–70% GGBS reinforced geo-polymer concrete) cubes, cylinders, beams and columns exhibit high compressive strength, tensile strength, flexural strength, load-carrying ability, ultimate strength, stiffness, ductility and deformation capacity.

All the results were based on the experiments done in this research. All the result values obtained in this research are higher than the theoretical values.

Utilizing through-the-thickness pin reinforcement in metal-to-composite joints can significantly increase the joint mechanical properties, enabling the introduction to a whole new field of applications in joining technology. However, with the rise of advanced pin manufacturing techniques – such as additive layer manufacturing, little research has been performed on the pin shape optimization and its behavior. The paper aims to discuss this issue.

In this study, a numerical shape optimization algorithm is used to produce optimized pin shapes for several initial pin dimension parameters, having as objective to achieve a more uniform stress distribution along the surface of the pin, enhancing the pin strength and joint integrity.

Results showed that pin shape is a crucial factor in the mechanical response of the pin. In Mode I, the presence of an undercut feature on the pin head can increase the ultimate load of the pin by +250 percent, while in Mode II, the base diameter is the dominant feature in the joint ultimate strength.

With these results, the paper aims to utilize commercial available numerical software to explore optimization capabilities in joints strength. These optimization capabilities show that it could be used for the enhancement of metal-to-composite joints response.

WATERMIX fluids are formulated to combine the lubricating properties of oil with the cooling properties of water. They are essentially blends of mineral oil, emulsifier, corrosion inhibitor and, possibly, biocide.