股票業(yè)績(jī)?cè)趺纯?/title> <meta name="keywords" content="股票,業(yè)績(jī),怎么,偉大,領(lǐng)袖,格雷厄姆,股市,長(zhǎng)期,短期,看來(lái)," /> <meta name="description" content="偉大領(lǐng)袖格雷厄姆說(shuō)：股市長(zhǎng)期短期看來(lái)是投票機(jī)，長(zhǎng)期看來(lái)是稱重機(jī)。因此炒股業(yè)績(jī)是每個(gè)股民必知的知識(shí)。下面是學(xué)習(xí)啦小編教大家股票業(yè)績(jī)?cè)趺纯吹南嚓P(guān)知識(shí)，歡迎閱讀。股票業(yè)績(jī)?cè)趺纯矗簭膬糍Y產(chǎn)收益率看企業(yè)保持或提高凈資產(chǎn)收益率(RO"/> <link rel="canonical" href="http://www.rzpgrj.com/"/> <meta http-equiv="Cache-Control" content="no-transform" /> <meta http-equiv="Cache-Control" content="no-siteapp" /> <script src="http://www.rzpgrj.com/public/js/head.js"></script> <link href="/public/css/article.css" rel="stylesheet" type="text/css" /> <meta http-equiv="Cache-Control" content="no-transform" /> <meta http-equiv="Cache-Control" content="no-siteapp" /> <script>var V_PATH="/";window.onerror=function(){ return true; };</script> </head> <body> <h1><a href="http://www.rzpgrj.com/">特黄特色三级在线观看免费,看黄色片子免费,色综合久,欧美在线视频看看,高潮胡言乱语对白刺激国产,伊人网成人,中文字幕亚洲一碰就硬老熟妇</a></h1><div id="cyes2" class="pl_css_ganrao" style="display: none;"><code id="cyes2"><bdo id="cyes2"><del id="cyes2"></del></bdo></code><tbody id="cyes2"><menu id="cyes2"><tbody id="cyes2"></tbody></menu></tbody><ul id="cyes2"><del id="cyes2"><option id="cyes2"></option></del></ul><abbr id="cyes2"><table id="cyes2"><bdo id="cyes2"></bdo></table></abbr><menu id="cyes2"><tr id="cyes2"><source id="cyes2"></source></tr></menu><abbr id="cyes2"><tr id="cyes2"><bdo id="cyes2"></bdo></tr></abbr><ul id="cyes2"><em id="cyes2"><ul id="cyes2"></ul></em></ul><fieldset id="cyes2"><cite id="cyes2"><fieldset id="cyes2"></fieldset></cite></fieldset><source id="cyes2"><blockquote id="cyes2"><samp id="cyes2"></samp></blockquote></source><strike id="cyes2"><dd id="cyes2"><sup id="cyes2"></sup></dd></strike><sup id="cyes2"><em id="cyes2"><ul id="cyes2"></ul></em></sup><abbr id="cyes2"><th id="cyes2"><s id="cyes2"></s></th></abbr><pre id="cyes2"><sup id="cyes2"><tbody id="cyes2"></tbody></sup></pre><pre id="cyes2"><ul id="cyes2"><del id="cyes2"></del></ul></pre><cite id="cyes2"><menu id="cyes2"><nav id="cyes2"></nav></menu></cite><sup id="cyes2"><pre id="cyes2"><ul id="cyes2"></ul></pre></sup><wbr id="cyes2"><fieldset id="cyes2"><tr id="cyes2"></tr></fieldset></wbr><pre id="cyes2"><sup id="cyes2"><em id="cyes2"></em></sup></pre><tr id="cyes2"><source id="cyes2"><cite id="cyes2"></cite></source></tr><s id="cyes2"><del id="cyes2"><sup id="cyes2"></sup></del></s><abbr id="cyes2"><acronym id="cyes2"><pre id="cyes2"></pre></acronym></abbr><cite id="cyes2"><source id="cyes2"><tr id="cyes2"></tr></source></cite><nav id="cyes2"><fieldset id="cyes2"><wbr id="cyes2"></wbr></fieldset></nav><em id="cyes2"><fieldset id="cyes2"><nav id="cyes2"></nav></fieldset></em><table id="cyes2"><s id="cyes2"><dd id="cyes2"></dd></s></table><dd id="cyes2"><ul id="cyes2"><del id="cyes2"></del></ul></dd><center id="cyes2"><pre id="cyes2"><ul id="cyes2"></ul></pre></center><dd id="cyes2"><sup id="cyes2"><th id="cyes2"></th></sup></dd><tr id="cyes2"><tbody id="cyes2"><pre id="cyes2"></pre></tbody></tr><tbody id="cyes2"><noscript id="cyes2"><nav id="cyes2"></nav></noscript></tbody><strike id="cyes2"><th id="cyes2"><center id="cyes2"></center></th></strike><acronym id="cyes2"><abbr id="cyes2"><tr id="cyes2"></tr></abbr></acronym><source id="cyes2"><cite id="cyes2"><tbody id="cyes2"></tbody></cite></source><s id="cyes2"><object id="cyes2"><strike id="cyes2"></strike></object></s><bdo id="cyes2"><object id="cyes2"><strike id="cyes2"></strike></object></bdo><strike id="cyes2"><del id="cyes2"><sup id="cyes2"></sup></del></strike><th id="cyes2"><option id="cyes2"><del id="cyes2"></del></option></th><source id="cyes2"><wbr id="cyes2"><tbody id="cyes2"></tbody></wbr></source><s id="cyes2"><object id="cyes2"><strike id="cyes2"></strike></object></s><abbr id="cyes2"><tr id="cyes2"><abbr id="cyes2"></abbr></tr></abbr><em id="cyes2"><sup id="cyes2"><em id="cyes2"></em></sup></em><cite id="cyes2"><source id="cyes2"><tr id="cyes2"></tr></source></cite><sup id="cyes2"><del id="cyes2"><noscript id="cyes2"></noscript></del></sup><s id="cyes2"><th id="cyes2"><strike id="cyes2"></strike></th></s><tr id="cyes2"><abbr id="cyes2"><code id="cyes2"></code></abbr></tr><abbr id="cyes2"><code id="cyes2"><strike id="cyes2"></strike></code></abbr><menu id="cyes2"><cite id="cyes2"><menu id="cyes2"></menu></cite></menu><center id="cyes2"><pre id="cyes2"><center id="cyes2"></center></pre></center><fieldset id="cyes2"><tr id="cyes2"><samp id="cyes2"></samp></tr></fieldset><dd id="cyes2"><noscript id="cyes2"><tbody id="cyes2"></tbody></noscript></dd></div> <header class="ar_header"> <div id="tmyyfroktkho" class="main"> <div id="tmyyfroktkho" class="logo fl"> <a href="http://www.rzpgrj.com"target="_blank" rel="nofollow" class="fl"><img src="/public/images/logo3.png" alt="學(xué)習(xí)啦"></a> </div> <nav class="nav3 fl"> <ul class="nav_wrap"> <li id="tmyyfroktkho" class="nav_item ts"><a href="http://www.rzpgrj.com/baikezhishi/" target="_blank" title="百科知識(shí)">百科知識(shí)</a></li><li id="tmyyfroktkho" class="nav_item ts"><a href="http://www.rzpgrj.com/zhishi/touzilicai/" target="_blank" title="投資理財(cái)知識(shí)">投資理財(cái)知識(shí)</a></li><li id="tmyyfroktkho" class="nav_item ts"><a href="http://www.rzpgrj.com/zhishi/fengshui/" target="_blank" title="風(fēng)水知識(shí)">風(fēng)水知識(shí)</a></li><li id="tmyyfroktkho" class="nav_item ts"><a href="http://www.rzpgrj.com/zhishi/anquan/" target="_blank" title="安全知識(shí)">安全知識(shí)</a></li><li id="tmyyfroktkho" class="nav_item ts"><a href="http://www.rzpgrj.com/zhishi/guanli/" target="_blank" title="管理知識(shí)">管理知識(shí)</a></li><li id="tmyyfroktkho" class="nav_item ts"><a href="http://www.rzpgrj.com/zhishi/liangxing/" target="_blank" title="兩性知識(shí)">兩性知識(shí)</a></li><li id="tmyyfroktkho" class="nav_item ts"><a href="http://www.rzpgrj.com/zhishi/kexue/" target="_blank" title="自然科學(xué)知識(shí)">自然科學(xué)知識(shí)</a></li><li id="tmyyfroktkho" class="nav_item ts"><a href="http://www.rzpgrj.com/zhishi/jichu/" target="_blank" title="公共基礎(chǔ)知識(shí)">公共基礎(chǔ)知識(shí)</a></li> </ul> </nav> </div> </header> <div id="tmyyfroktkho" class="con main"> <div id="tmyyfroktkho" class="position"> <em class="iconfont ca icon-dingwei"></em> <a href='http://www.rzpgrj.com/'>學(xué)習(xí)啦</a> > <a href='http://www.rzpgrj.com/zhishi/'>知識(shí)大全</a> > <a href='http://www.rzpgrj.com/zhishi/zhishibaike/'>知識(shí)百科</a> > <a href='http://www.rzpgrj.com/zhishi/touzilicai/'>投資理財(cái)知識(shí)</a> > <span>股票業(yè)績(jī)?cè)趺纯?/span> </div> <div id="tmyyfroktkho" class="ar_con_nr"> <div id="tmyyfroktkho" class="con_l fl"> <article class="ar_con bg louti"> <div id="tmyyfroktkho" class="ar_title"> <h1>股票業(yè)績(jī)?cè)趺纯?/h1> <div id="tmyyfroktkho" class="ar_title_b"> <div id="tmyyfroktkho" class="sub_title clear"> <span id="tmyyfroktkho" class="sp2 c6 fl">時(shí)間：<time class="fxtime">2016-04-05 17:22:50</time></span> <span id="tmyyfroktkho" class="sp1 c6 fl"><em id="zuozhe" class="noshow">李敏</em><em class="user_id noshow">740</em>由 <em class="nickname"></em> 分享</span> <span id="tmyyfroktkho" class="fl arc_btn"></span> </div> </div> </div> <div id="tmyyfroktkho" class="y_ju"><script type="text/javascript">a("title");</script></div> <div id="tmyyfroktkho" class="con_article con_main" id="contentText"> <p>股票業(yè)績(jī)?cè)趺纯?/p><p> 　　偉大領(lǐng)袖格雷厄姆說(shuō)：股市長(zhǎng)期短期看來(lái)是投票機(jī)，長(zhǎng)期看來(lái)是稱重機(jī)。因此炒股業(yè)績(jī)是每個(gè)股民必知的知識(shí)。下面是學(xué)習(xí)啦小編教大家股票業(yè)績(jī)?cè)趺纯吹南嚓P(guān)知識(shí)，歡迎閱讀。</p><p><strong>　　股票業(yè)績(jī)?cè)趺纯矗簭膬糍Y產(chǎn)收益率看</strong></p><p> 　　企業(yè)保持或提高凈資產(chǎn)收益率(ROE)的方法有兩種：一、提高銷售稅后凈利，二、降低企業(yè)凈資產(chǎn)。因此，保持較高的凈資產(chǎn)收益率(ROE)意味著企業(yè)有很強(qiáng)的盈利能力，當(dāng)然，通過(guò)發(fā)放股利來(lái)降低企業(yè)凈資產(chǎn)也可以使凈資產(chǎn)收益率(ROE)保持較高水平，但聰明的投資者應(yīng)該對(duì)此保持清醒。</p><p><strong>　　股票業(yè)績(jī)?cè)趺纯矗簹v史角度</strong></p><p> 　　目前中國(guó)企業(yè)整體盈利能力看，每年20%的凈資產(chǎn)收益率(ROE)應(yīng)當(dāng)是非?？捎^的，這意味著作為企業(yè)股東，你持有的企業(yè)賬面凈資產(chǎn)將以每年20%的速度增長(zhǎng)，接近于巴菲特的長(zhǎng)期收益率。A股市場(chǎng)上此類上市公司也較多，例如貴州茅臺(tái)，其2009年凈資產(chǎn)收益率(ROE)為29.8%。但是，隨著企業(yè)規(guī)模和體量的不斷增長(zhǎng)，長(zhǎng)期保持凈資產(chǎn)收益率(ROE)20%，或僅僅為15%以上，也不是件容易的事情。企業(yè)產(chǎn)能擴(kuò)張導(dǎo)致的供求失衡、新技術(shù)和替代品的出現(xiàn)、宏觀經(jīng)濟(jì)衰退導(dǎo)致的消費(fèi)能力和消費(fèi)意愿下降、上游成本的上升等原因，都將導(dǎo)致企業(yè)凈資產(chǎn)收益率(ROE)處于下降通道中;此外，即使內(nèi)部和外部環(huán)境未發(fā)生重大變化，企業(yè)凈資產(chǎn)在連續(xù)增長(zhǎng)而不派發(fā)全部股利的情況下，保持20%的凈資產(chǎn)收益率(ROE)也意味著企業(yè)的稅后凈利相比上一年有所增長(zhǎng)。</p><p><strong>　　股票業(yè)績(jī)?cè)趺纯矗汗墒型顿Y看</strong></p><p> 　　在股市投資中，若非投資者關(guān)心的是企業(yè)的清算價(jià)值或重組預(yù)期，投資者都應(yīng)該首先關(guān)注企業(yè)的凈資產(chǎn)收益率(ROE)，因?yàn)榇酥笜?biāo)直接反映了企業(yè)對(duì)股東的回報(bào)，是企業(yè)運(yùn)用股東資本的能力體現(xiàn)。</p><p> 　　一般說(shuō)來(lái)，投資者至少應(yīng)當(dāng)觀察企業(yè)5年以上的凈資產(chǎn)收益率(ROE)，周期性行業(yè)中的企業(yè)，盈利能力與宏觀經(jīng)濟(jì)或行業(yè)景氣度關(guān)聯(lián)性強(qiáng)，盈利出現(xiàn)大起大落是大概率事件，如航運(yùn)業(yè)的中國(guó)遠(yuǎn)洋，2007年景氣高峰時(shí)凈資產(chǎn)收益率(ROE)為42%，而2009年金融危機(jī)時(shí)，則為-17%，跨度之大令人驚奇，而非周期性或弱周期性行業(yè)的企業(yè)，凈資產(chǎn)收益率(ROE)可保持相對(duì)穩(wěn)定，如醫(yī)藥制造類的恒瑞醫(yī)藥，2007-2009年，每年的凈資產(chǎn)收益率(ROE)均保持在20%以上。因此，若投資者對(duì)預(yù)測(cè)宏觀經(jīng)濟(jì)或行業(yè)景氣度無(wú)較大把握，建議投資者謹(jǐn)慎評(píng)判周期性企業(yè)。</p><p><strong>　　股票業(yè)績(jī)?cè)趺纯矗阂灾胁目萍紴槔?/strong></p><p> 　　在“操盤(pán)必讀”里有每股收益如果是正表示盈利，如果為負(fù)表示虧損。例如：中材科技就是盈利</p><p> 　　每股收益 (元):0.2700 目前流通(萬(wàn)股) :7849.32</p><p> 　　每股凈資產(chǎn) (元):4.1400 總股本(萬(wàn)股) :15000.00</p><p> 　　每股公積金 (元):2.2410 主營(yíng)收入同比增長(zhǎng)(%):36.14</p><p> 　　每股未分配利潤(rùn)(元):0.7485 凈利潤(rùn)同比增長(zhǎng)(%) :19.43</p><p> 　　每股經(jīng)營(yíng)現(xiàn)金流(元):-0.2100 凈資產(chǎn)收益率(%) :6.48</p><p> 　　2007中期每股收益(元):0.2000 凈利潤(rùn)同比增長(zhǎng)(%) :12.58</p><p> 　　2007中期主營(yíng)收入(萬(wàn)元):38884.50 主營(yíng)收入同比增長(zhǎng)(%):37.99</p><p> 　　2007中期每股經(jīng)營(yíng)現(xiàn)金流(元):-0.1000 凈資產(chǎn)收益率(%) :4.98</p> </div> <div id="tmyyfroktkho" class="y_ju"><script type="text/javascript">a("conten");</script></div> <div id="tmyyfroktkho" class="pnum"> <ul id="page_slice"> <div id="tmyyfroktkho" class="clear"></div> </ul> </div> </article> <div id="tmyyfroktkho" class="list_hot ar_related bj_mt20 louti"> <h4 class="title2 title2_te">相關(guān)文章</h4> <ul class="bj_mt20"> <li id="tmyyfroktkho" class="lb_3 chao"> <time>04-11</time> <a href="http://www.rzpgrj.com/lunwen/lunwenfanwen/850371.html" title="自動(dòng)化專業(yè)概論論文范文怎么寫(xiě)" target="_blank">自動(dòng)化專業(yè)概論論文范文怎么寫(xiě)</a> </li> <li id="tmyyfroktkho" class="lb_3 chao"> <time>04-11</time> <a href="http://www.rzpgrj.com/lunwen/tips/2247870.html" title="mpacc案例論文怎么寫(xiě)" target="_blank">mpacc案例論文怎么寫(xiě)</a> </li> <li id="tmyyfroktkho" class="lb_3 chao"> <time>03-30</time> <a href="http://www.rzpgrj.com/zaoju/3543311.html" title="但愿怎么造句示例" target="_blank">但愿怎么造句示例</a> </li> <li id="tmyyfroktkho" class="lb_3 chao"> <time>03-20</time> <a href="http://www.rzpgrj.com/yingyu/kouyu/1022007.html" title="操場(chǎng)的英文怎么說(shuō)" target="_blank">操場(chǎng)的英文怎么說(shuō)</a> </li> <li id="tmyyfroktkho" class="lb_3 chao"> <time>03-17</time> <a href="http://www.rzpgrj.com/yingyu/kouyu/442381.html" title="操場(chǎng)用英語(yǔ)怎么說(shuō)" target="_blank">操場(chǎng)用英語(yǔ)怎么說(shuō)</a> </li> <li id="tmyyfroktkho" class="lb_3 chao"> <time>02-28</time> <a href="http://www.rzpgrj.com/zaoju/1471411.html" title="快樂(lè)怎么造句示例句子" target="_blank">快樂(lè)怎么造句示例句子</a> </li> <li id="tmyyfroktkho" class="lb_3 chao"> <time>02-16</time> <a href="http://www.rzpgrj.com/shenghuo/richang/64481.html" title="眼睛干怎么辦" target="_blank">眼睛干怎么辦</a> </li> <li id="tmyyfroktkho" class="lb_3 chao"> <time>02-16</time> <a href="http://www.rzpgrj.com/shenghuo/richang/64491.html" title="抽筋了怎么辦" target="_blank">抽筋了怎么辦</a> </li> <li id="tmyyfroktkho" class="lb_3 chao"> <time>02-16</time> <a href="http://www.rzpgrj.com/shenghuo/jiankang/64437.html" title="枸杞子的食用方法" target="_blank">枸杞子的食用方法</a> </li> <li id="tmyyfroktkho" class="lb_3 chao"> <time>02-16</time> <a href="http://www.rzpgrj.com/shenghuo/jiankang/64425.html" title="不吃鹽會(huì)怎么樣" target="_blank">不吃鹽會(huì)怎么樣</a> </li> <li id="tmyyfroktkho" class="clear"></li> </ul> </div> <div id="tmyyfroktkho" class="y_ju"><script type="text/javascript">a("pic");</script></div> </div> <div id="tmyyfroktkho" class="con_r fr"> <div id="tmyyfroktkho" class="author_btn"></div> <div id="tmyyfroktkho" class="y_ju"><script type="text/javascript">a("hot");</script></div> <div id="tmyyfroktkho" class="hot r_rwap hot_sou bj_mt10"> <div id="tmyyfroktkho" class="title1"><em class="iconfont icon-remen ca"></em><h4>熱門(mén)文章</h4></div> <ul class="bj_mt10"> <li><a href="http://www.rzpgrj.com/shenghuo/richang/64478.html" title="牙疼怎么止疼" target="_blank" class="lb_2 lb_6 chao f14 ts">牙疼怎么止疼</a></li> <li><a href="http://www.rzpgrj.com/shenghuo/jiankang/64470.html" title="水中毒是怎么回事" target="_blank" class="lb_2 lb_6 chao f14 ts">水中毒是怎么回事</a></li> <li><a href="http://www.rzpgrj.com/shenghuo/jiankang/64312.html" title="喝水過(guò)多會(huì)怎么樣" target="_blank" class="lb_2 lb_6 chao f14 ts">喝水過(guò)多會(huì)怎么樣</a></li> <li><a href="http://www.rzpgrj.com/shenghuo/jiankang/64275.html" title="空腹吃香蕉好不好" target="_blank" class="lb_2 lb_6 chao f14 ts">空腹吃香蕉好不好</a></li> <li><a href="http://www.rzpgrj.com/shenghuo/jiankang/64124.html" title="便秘怎么調(diào)理" target="_blank" class="lb_2 lb_6 chao f14 ts">便秘怎么調(diào)理</a></li> <li><a href="http://www.rzpgrj.com/shenghuo/jiankang/64068.html" title="米飯夾生怎么辦" target="_blank" class="lb_2 lb_6 chao f14 ts">米飯夾生怎么辦</a></li> <li><a href="http://www.rzpgrj.com/shenghuo/jiankang/64117.html" title="榴蓮殼怎么吃" target="_blank" class="lb_2 lb_6 chao f14 ts">榴蓮殼怎么吃</a></li> <li><a href="http://www.rzpgrj.com/shenghuo/jiankang/63895.html" title="生痘痘怎么辦" target="_blank" class="lb_2 lb_6 chao f14 ts">生痘痘怎么辦</a></li> <li><a href="http://www.rzpgrj.com/naoli/younao/63782.html" title="酒精對(duì)于大腦的危害是怎么傷害的" target="_blank" class="lb_2 lb_6 chao f14 ts">酒精對(duì)于大腦的危害是怎么傷害的</a></li> <li><a href="http://www.rzpgrj.com/fwn/address/zhuhezhufu/63515.html" title="愚人節(jié)短信怎么整人" target="_blank" class="lb_2 lb_6 chao f14 ts">愚人節(jié)短信怎么整人</a></li> </ul> </div> <div id="tmyyfroktkho" class="y_ju"><script type="text/javascript">a("about");</script></div> <div id="tmyyfroktkho" class="r_nav"></div> <div id="tmyyfroktkho" class="y_ju"><script type="text/javascript">a("about_2");</script></div> </div> <div id="tmyyfroktkho" class="clear"></div> </div> </div>  <footer class="footer1 bj_mt20"></footer>  <script src="http://www.rzpgrj.com/public/js/footer.js"></script> <div id="tmyyfroktkho" class="ar_louti"></div> <em class="noshow myarcid">606533</em> <footer> <div class="friendship-link"> <p>感谢您访问我们的网站，您可能还对以下资源感兴趣：</p> <a href="http://www.rzpgrj.com/" title="特黄特色三级在线观看免费,看黄色片子免费,色综合久,欧美在线视频看看">特黄特色三级在线观看免费,看黄色片子免费,色综合久,欧美在线视频看看</a> <div class="friend-links"> <a href="http://www.zdyfy-ymzx.com">欧美日韩一区二区三区色综合,国产片自拍,免费视频99,国产精品四虎</a> <a href="http://www.kltjm.com">欧美视频不卡一区二区三区,国产成人免费高清视频,69精品视频,成人精品综合免费视频</a> </div> </div> </footer> <script> (function(){ var bp = document.createElement('script'); var curProtocol = window.location.protocol.split(':')[0]; if (curProtocol === 'https') { bp.src = 'https://zz.bdstatic.com/linksubmit/push.js'; } else { bp.src = 'http://push.zhanzhang.baidu.com/push.js'; } var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(bp, s); })(); </script> </body><div id="sgeae" class="pl_css_ganrao" style="display: none;"><wbr id="sgeae"><tbody id="sgeae"><wbr id="sgeae"></wbr></tbody></wbr><wbr id="sgeae"><source id="sgeae"><blockquote id="sgeae"></blockquote></source></wbr><cite id="sgeae"><noscript id="sgeae"><nav id="sgeae"></nav></noscript></cite><tr id="sgeae"><blockquote id="sgeae"><table id="sgeae"></table></blockquote></tr><em id="sgeae"><option id="sgeae"><tbody id="sgeae"></tbody></option></em><bdo id="sgeae"><table id="sgeae"><abbr id="sgeae"></abbr></table></bdo><pre id="sgeae"><option id="sgeae"><em id="sgeae"></em></option></pre><tbody id="sgeae"><blockquote id="sgeae"><acronym id="sgeae"></acronym></blockquote></tbody><blockquote id="sgeae"><acronym id="sgeae"><abbr id="sgeae"></abbr></acronym></blockquote><ul id="sgeae"><dd id="sgeae"><ul id="sgeae"></ul></dd></ul><blockquote id="sgeae"><tr id="sgeae"><abbr id="sgeae"></abbr></tr></blockquote><sup id="sgeae"><em id="sgeae"><option id="sgeae"></option></em></sup><ul id="sgeae"><tbody id="sgeae"><menu id="sgeae"></menu></tbody></ul><menu id="sgeae"><cite id="sgeae"><fieldset id="sgeae"></fieldset></cite></menu><th id="sgeae"><strike id="sgeae"><object id="sgeae"></object></strike></th><abbr id="sgeae"><acronym id="sgeae"><abbr id="sgeae"></abbr></acronym></abbr><noscript id="sgeae"><tbody id="sgeae"><option id="sgeae"></option></tbody></noscript><option id="sgeae"><del id="sgeae"><noscript id="sgeae"></noscript></del></option><table id="sgeae"><abbr id="sgeae"><tr id="sgeae"></tr></abbr></table><del id="sgeae"><center id="sgeae"><dd id="sgeae"></dd></center></del><blockquote id="sgeae"><samp id="sgeae"><pre id="sgeae"></pre></samp></blockquote><sup id="sgeae"><em id="sgeae"><option id="sgeae"></option></em></sup><sup id="sgeae"><dd id="sgeae"><center id="sgeae"></center></dd></sup><wbr id="sgeae"><source id="sgeae"><tr id="sgeae"></tr></source></wbr><em id="sgeae"><menu id="sgeae"><nav id="sgeae"></nav></menu></em><center id="sgeae"><dd id="sgeae"><center id="sgeae"></center></dd></center><wbr id="sgeae"><menu id="sgeae"><cite id="sgeae"></cite></menu></wbr><s id="sgeae"><dd id="sgeae"><center id="sgeae"></center></dd></s><th id="sgeae"><center id="sgeae"><th id="sgeae"></th></center></th><s id="sgeae"><table id="sgeae"><s id="sgeae"></s></table></s><code id="sgeae"><abbr id="sgeae"><code id="sgeae"></code></abbr></code><em id="sgeae"><option id="sgeae"><tbody id="sgeae"></tbody></option></em><abbr id="sgeae"><table id="sgeae"><abbr id="sgeae"></abbr></table></abbr><option id="sgeae"><wbr id="sgeae"><fieldset id="sgeae"></fieldset></wbr></option><wbr id="sgeae"><tr id="sgeae"><pre id="sgeae"></pre></tr></wbr><strike id="sgeae"><pre id="sgeae"><option id="sgeae"></option></pre></strike><em id="sgeae"><fieldset id="sgeae"><wbr id="sgeae"></wbr></fieldset></em><table id="sgeae"><bdo id="sgeae"><code id="sgeae"></code></bdo></table><source id="sgeae"><tr id="sgeae"><acronym id="sgeae"></acronym></tr></source><ul id="sgeae"><del id="sgeae"><noscript id="sgeae"></noscript></del></ul><pre id="sgeae"><ul id="sgeae"><em id="sgeae"></em></ul></pre><tr id="sgeae"><tr id="sgeae"><pre id="sgeae"></pre></tr></tr><sup id="sgeae"><tbody id="sgeae"><option id="sgeae"></option></tbody></sup><s id="sgeae"><object id="sgeae"><center id="sgeae"></center></object></s><dd id="sgeae"><ul id="sgeae"><pre id="sgeae"></pre></ul></dd><code id="sgeae"><bdo id="sgeae"><object id="sgeae"></object></bdo></code><fieldset id="sgeae"><wbr id="sgeae"><fieldset id="sgeae"></fieldset></wbr></fieldset><ul id="sgeae"><nav id="sgeae"><menu id="sgeae"></menu></nav></ul><code id="sgeae"><strike id="sgeae"><th id="sgeae"></th></strike></code><wbr id="sgeae"><samp id="sgeae"><tr id="sgeae"></tr></samp></wbr><abbr id="sgeae"><code id="sgeae"><s id="sgeae"></s></code></abbr><strike id="sgeae"><dd id="sgeae"><center id="sgeae"></center></dd></strike><ul id="sgeae"><em id="sgeae"><option id="sgeae"></option></em></ul><center id="sgeae"><object id="sgeae"><center id="sgeae"></center></object></center><wbr id="sgeae"><source id="sgeae"><blockquote id="sgeae"></blockquote></source></wbr><cite id="sgeae"><menu id="sgeae"><cite id="sgeae"></cite></menu></cite><ul id="sgeae"><tbody id="sgeae"><option id="sgeae"></option></tbody></ul><center id="sgeae"><pre id="sgeae"><ul id="sgeae"></ul></pre></center><acronym id="sgeae"><wbr id="sgeae"><tbody id="sgeae"></tbody></wbr></acronym><em id="sgeae"><option id="sgeae"><nav id="sgeae"></nav></option></em><em id="sgeae"><option id="sgeae"><del id="sgeae"></del></option></em><wbr id="sgeae"><fieldset id="sgeae"><wbr id="sgeae"></wbr></fieldset></wbr><em id="sgeae"><menu id="sgeae"><em id="sgeae"></em></menu></em><abbr id="sgeae"><tr id="sgeae"><abbr id="sgeae"></abbr></tr></abbr><center id="sgeae"><pre id="sgeae"><center id="sgeae"></center></pre></center><wbr id="sgeae"><samp id="sgeae"><pre id="sgeae"></pre></samp></wbr><table id="sgeae"><s id="sgeae"><object id="sgeae"></object></s></table><del id="sgeae"><ul id="sgeae"><em id="sgeae"></em></ul></del><acronym id="sgeae"><abbr id="sgeae"><tr id="sgeae"></tr></abbr></acronym><abbr id="sgeae"><code id="sgeae"><s id="sgeae"></s></code></abbr><cite id="sgeae"><source id="sgeae"><wbr id="sgeae"></wbr></source></cite><wbr id="sgeae"><fieldset id="sgeae"><tr id="sgeae"></tr></fieldset></wbr><cite id="sgeae"><samp id="sgeae"><blockquote id="sgeae"></blockquote></samp></cite><object id="sgeae"><sup id="sgeae"><dd id="sgeae"></dd></sup></object><tbody id="sgeae"><noscript id="sgeae"><nav id="sgeae"></nav></noscript></tbody><source id="sgeae"><wbr id="sgeae"><source id="sgeae"></source></wbr></source><menu id="sgeae"><cite id="sgeae"><source id="sgeae"></source></cite></menu><tbody id="sgeae"><menu id="sgeae"><cite id="sgeae"></cite></menu></tbody><dd id="sgeae"><center id="sgeae"><th id="sgeae"></th></center></dd><s id="sgeae"><dd id="sgeae"><center id="sgeae"></center></dd></s><cite id="sgeae"><tbody id="sgeae"><tr id="sgeae"></tr></tbody></cite><abbr id="sgeae"><code id="sgeae"><bdo id="sgeae"></bdo></code></abbr><tr id="sgeae"><bdo id="sgeae"><table id="sgeae"></table></bdo></tr><option id="sgeae"><tbody id="sgeae"><fieldset id="sgeae"></fieldset></tbody></option><acronym id="sgeae"><pre id="sgeae"><tr id="sgeae"></tr></pre></acronym><strike id="sgeae"><code id="sgeae"><strike id="sgeae"></strike></code></strike><acronym id="sgeae"><abbr id="sgeae"><samp id="sgeae"></samp></abbr></acronym><tr id="sgeae"><tbody id="sgeae"><pre id="sgeae"></pre></tbody></tr><menu id="sgeae"><cite id="sgeae"><fieldset id="sgeae"></fieldset></cite></menu><pre id="sgeae"><ul id="sgeae"><tbody id="sgeae"></tbody></ul></pre><source id="sgeae"><blockquote id="sgeae"><acronym id="sgeae"></acronym></blockquote></source><sup id="sgeae"><pre id="sgeae"><sup id="sgeae"></sup></pre></sup><tbody id="sgeae"><option id="sgeae"><tbody id="sgeae"></tbody></option></tbody><bdo id="sgeae"><object id="sgeae"><s id="sgeae"></s></object></bdo><center id="sgeae"><th id="sgeae"><center id="sgeae"></center></th></center><pre id="sgeae"><code id="sgeae"><abbr id="sgeae"></abbr></code></pre><dd id="sgeae"><sup id="sgeae"><del id="sgeae"></del></sup></dd><dd id="sgeae"><center id="sgeae"><del id="sgeae"></del></center></dd><abbr id="sgeae"><code id="sgeae"><bdo id="sgeae"></bdo></code></abbr><pre id="sgeae"><option id="sgeae"><em id="sgeae"></em></option></pre><object id="sgeae"><strike id="sgeae"><object id="sgeae"></object></strike></object><noscript id="sgeae"><em id="sgeae"><noscript id="sgeae"></noscript></em></noscript><code id="sgeae"><abbr id="sgeae"><object id="sgeae"></object></abbr></code><dd id="sgeae"><ul id="sgeae"><em id="sgeae"></em></ul></dd><object id="sgeae"><center id="sgeae"><th id="sgeae"></th></center></object><abbr id="sgeae"><tr id="sgeae"><abbr id="sgeae"></abbr></tr></abbr><samp id="sgeae"><abbr id="sgeae"><tr id="sgeae"></tr></abbr></samp><th id="sgeae"><strike id="sgeae"><object id="sgeae"></object></strike></th><tr id="sgeae"><source id="sgeae"><blockquote id="sgeae"></blockquote></source></tr><code id="sgeae"><pre id="sgeae"><samp id="sgeae"></samp></pre></code><wbr id="sgeae"><tbody id="sgeae"><blockquote id="sgeae"></blockquote></tbody></wbr><bdo id="sgeae"><object id="sgeae"><strike id="sgeae"></strike></object></bdo><menu id="sgeae"><tbody id="sgeae"><noscript id="sgeae"></noscript></tbody></menu><source id="sgeae"><blockquote id="sgeae"><tbody id="sgeae"></tbody></blockquote></source><pre id="sgeae"><option id="sgeae"><nav id="sgeae"></nav></option></pre><samp id="sgeae"><wbr id="sgeae"><tbody id="sgeae"></tbody></wbr></samp><em id="sgeae"><ul id="sgeae"><tbody id="sgeae"></tbody></ul></em><tr id="sgeae"><abbr id="sgeae"><table id="sgeae"></table></abbr></tr><del id="sgeae"><ul id="sgeae"><em id="sgeae"></em></ul></del><source id="sgeae"><tr id="sgeae"><tbody id="sgeae"></tbody></tr></source><tbody id="sgeae"><tr id="sgeae"><samp id="sgeae"></samp></tr></tbody><object id="sgeae"><sup id="sgeae"><dd id="sgeae"></dd></sup></object><code id="sgeae"><s id="sgeae"><object id="sgeae"></object></s></code><acronym id="sgeae"><abbr id="sgeae"><tr id="sgeae"></tr></abbr></acronym><tr id="sgeae"><abbr id="sgeae"><object id="sgeae"></object></abbr></tr><wbr id="sgeae"><tbody id="sgeae"><wbr id="sgeae"></wbr></tbody></wbr><noscript id="sgeae"><nav id="sgeae"><fieldset id="sgeae"></fieldset></nav></noscript><th id="sgeae"><sup id="sgeae"><del id="sgeae"></del></sup></th><strike id="sgeae"><del id="sgeae"><sup id="sgeae"></sup></del></strike><source id="sgeae"><tr id="sgeae"><tbody id="sgeae"></tbody></tr></source><cite id="sgeae"><fieldset id="sgeae"><wbr id="sgeae"></wbr></fieldset></cite><blockquote id="sgeae"><samp id="sgeae"><pre id="sgeae"></pre></samp></blockquote><pre id="sgeae"><table id="sgeae"><bdo id="sgeae"></bdo></table></pre><pre id="sgeae"><samp id="sgeae"><pre id="sgeae"></pre></samp></pre><tr id="sgeae"><tr id="sgeae"><blockquote id="sgeae"></blockquote></tr></tr><source id="sgeae"><tr id="sgeae"><samp id="sgeae"></samp></tr></source><fieldset id="sgeae"><blockquote id="sgeae"><tbody id="sgeae"></tbody></blockquote></fieldset><pre id="sgeae"><center id="sgeae"><pre id="sgeae"></pre></center></pre><abbr id="sgeae"><tr id="sgeae"><abbr id="sgeae"></abbr></tr></abbr><wbr id="sgeae"><tbody id="sgeae"><pre id="sgeae"></pre></tbody></wbr><em id="sgeae"><noscript id="sgeae"><nav id="sgeae"></nav></noscript></em><source id="sgeae"><blockquote id="sgeae"><acronym id="sgeae"></acronym></blockquote></source><abbr id="sgeae"><code id="sgeae"><s id="sgeae"></s></code></abbr><source id="sgeae"><tr id="sgeae"><samp id="sgeae"></samp></tr></source><source id="sgeae"><wbr id="sgeae"><tbody id="sgeae"></tbody></wbr></source><s id="sgeae"><code id="sgeae"><bdo id="sgeae"></bdo></code></s><option id="sgeae"><pre id="sgeae"><option id="sgeae"></option></pre></option><blockquote id="sgeae"><source id="sgeae"><blockquote id="sgeae"></blockquote></source></blockquote><nav id="sgeae"><option id="sgeae"><del id="sgeae"></del></option></nav><wbr id="sgeae"><menu id="sgeae"><wbr id="sgeae"></wbr></menu></wbr></div> </html>